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INVESTMENT OPERATIONS - Narrative (Details)
12 Months Ended
Dec. 31, 2018
USD ($)
position
reinsurer
Dec. 31, 2017
USD ($)
reinsurer
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer $ 1,654,537,000 $ 601,185,000
Minimum percentage of underlying collateral guaranteed by third party 97.00%  
Number of positions | position 4,005  
Fair Value $ 49,898,408,000 39,488,434,000
Available-for-sale securities, amortized cost 52,452,334,000 39,455,935,000
Securities in trading portfolio 2,457,010,000 2,725,694,000
Non-income producing investments 140,500,000  
Policy loans $ 1,695,886,000 1,615,615,000
Interest rate on collateral loans on life insurance policies (as a percent) 13.64%  
Minimum    
Available-for-sale securities    
Interest rate on standard policy loans (as a percent) 3.00%  
Maximum    
Available-for-sale securities    
Interest rate on standard policy loans (as a percent) 8.00%  
Below investment grade    
Available-for-sale securities    
Fair Value $ 1,600,000,000  
Available-for-sale securities, amortized cost 1,800,000,000  
Securities in trading portfolio 144,300,000  
Securities not publicly traded 262,800,000  
Residential mortgage-backed securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 30,633,000 13,064,000
Commercial mortgage-backed securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 49,602,000 21,031,000
Other asset-backed securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 4,435,000 $ 5,441,000
Minimum percentage of underlying collateral guaranteed by third party   97.00%
U.S. government-related securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 41,054,000 $ 31,489,000
Other government-related securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 18,583,000 4,779,000
States, municipals, and political subdivisions    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 91,722,000 43,875,000
Corporate securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer 1,411,415,000 471,752,000
Fixed Maturities    
Available-for-sale securities    
Fair Value 49,263,033,000  
Available-for-sale securities, amortized cost 51,816,959,000  
Gross Unrecognized Holding Losses 86,264,000 19,163,000
Gross Unrecognized Holding Gains $ 0 $ 76,586,000
Red Mountain    
Available-for-sale securities    
Number of wholly owned subsidiaries which were determined to be VIE | reinsurer 1 1
Ownership through an affiliate (as a percent) 100.00%  
Risk of los related to the VIE limited to the entity's investment $ 10,000  
Payments made $ 0