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FAIR VALUE OF FINANCIAL INSTRUMENTS - Additional Information (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Determination of fair values                
Number of sources of information considered     1          
Number of sources of information     3          
Minimum percentage of the Company's fixed maturity securities priced by third party pricing services     91.70%          
Number of broker quotes obtained per security     2          
Percentage of derivatives excluding embedded derivatives that were priced using exchange prices or independent broker quotations     84.30%          
Other long-term investments $ 676,456,000   $ 676,456,000     $ 414,827,000    
Financial instruments owned, other 68,500,000   68,500,000     63,400,000    
Securities transferred into Level 3 50,100,000 $ 11,100,000 86,100,000 $ 11,100,000        
Securities transferred into Level 2 from Level 3 1,600,000 18,600,000 20,600,000 18,600,000        
Transfer from level 2 to level 1 0 0 0 0        
Transfers from level 1 into level 2 0 0 0 0        
Interest support, YRT premium support and portfolio maintenance agreement                
Determination of fair values                
Other long-term investments 95,600,000   95,600,000          
Golden Gate II | Interest Support Agreement                
Determination of fair values                
Other long-term investments 42,300,000   42,300,000          
Payments made under agreement 1,000,000   1,000,000          
Amount of collateralized support agreement obligations by PLC 4,900,000   4,900,000          
Golden Gate II | YRT premium support agreement                
Determination of fair values                
Other long-term investments 50,800,000   50,800,000          
Payments made under agreement     700,000          
Golden Gate, Golden Gate V and West Coast Life | Portfolio maintenance agreements                
Determination of fair values                
Other long-term investments 2,500,000   2,500,000          
Payments made under agreement     0          
Level 3                
Determination of fair values                
Level 3 fair value 914,620,000 $ 537,106,000 914,620,000 $ 537,106,000 $ 681,268,000 514,246,000 $ 569,995,000 $ 681,034,000
Financial instruments valued in broker quotes 77,000,000   77,000,000     39,700,000    
Level 3 | Annuity account                
Determination of fair values                
Level 3 fair value 72,600,000   72,600,000          
Asset-backed securities | Level 2                
Determination of fair values                
Fair value 9,200,000,000   9,200,000,000          
Asset-backed securities | Level 3                
Determination of fair values                
Fair value 489,900,000   $ 489,900,000          
Other asset-backed securities                
Determination of fair values                
Underlying collateral, percentage guaranteed by the Federal Family Education Loan Program     97.00%          
Other asset-backed securities | Level 3                
Determination of fair values                
Fair value 418,178,000   $ 418,178,000     421,458,000    
Underlying collateral, percentage guaranteed by the Federal Family Education Loan Program     97.00%          
Financial instruments valued in broker quotes 71,700,000   $ 71,700,000     26,200,000    
Other asset-backed securities | Level 3 | Available-for-sale securities                
Determination of fair values                
Fair value 427,700,000   427,700,000          
Other asset-backed securities | Level 3 | Trading securities                
Determination of fair values                
Fair value 62,200,000   62,200,000          
Corporate Bonds and Securities | Level 2                
Determination of fair values                
Fair value 52,500,000,000   52,500,000,000          
Corporate Bonds and Securities | Level 3                
Determination of fair values                
Fair value 1,300,000,000   1,300,000,000          
Equity securities                
Determination of fair values                
Fair value 68,500,000   68,500,000          
Federal Home Loan Bank stock 68,500,000   68,500,000          
Embedded derivative - GLWB | Level 3                
Determination of fair values                
Fair value 146,556,000   $ 146,556,000          
Embedded derivative - GLWB | Level 3 | Minimum                
Determination of fair values                
Mortality rate     87.00%          
Embedded derivative - GLWB | Level 3 | Maximum                
Determination of fair values                
Mortality rate     100.00%          
Embedded derivative - FIA | Level 3 | Minimum                
Determination of fair values                
Mortality rate     87.00%          
Embedded derivative - FIA | Level 3 | Maximum                
Determination of fair values                
Mortality rate     100.00%          
Embedded derivative - IUL | Level 3 | Minimum                
Determination of fair values                
Mortality rate     37.00%          
Embedded derivative - IUL | Level 3 | Maximum                
Determination of fair values                
Mortality rate     577.00%          
Embedded derivative - Modified coinsurance agreements                
Determination of fair values                
Statutory policy liabilities (net of policy loans) 3,500,000,000   $ 3,500,000,000          
Embedded derivative - Modified coinsurance agreements | Trading Securities [Member]                
Determination of fair values                
Fair value 210,500,000   210,500,000          
Funds withheld derivative | Level 2                
Determination of fair values                
Other liabilities 91,100,000   91,100,000          
Corporate securities | Level 3                
Determination of fair values                
Fair value 1,328,490,000   1,328,490,000     631,068,000    
Financial instruments valued in broker quotes $ 5,300,000   $ 5,300,000     $ 13,500,000