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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Fixed maturities, at fair value (amortized cost: 2019 - $63,452,536; 2018 - $54,233,151) $ 66,463,386 $ 51,679,226
Fixed maturities, at amortized cost (fair value: 2019 - $2,685,076; 2018 - $2,547,210) 2,544,054 2,633,474
Equity securities, at fair value (cost: 2019 - $567,294; 2018 - $589,221) 581,421 557,708
Mortgage loans (related to securitizations: 2019 - $—; 2018 - $134) 9,327,911 7,724,733
Investment real estate, net of accumulated depreciation (2019 - $350; 2018 - $251) 7,274 6,816
Policy loans 1,686,832 1,695,886
Other long-term investments 1,174,825 798,342
Short-term investments 1,044,442 666,301
Total investments 82,830,145 65,762,486
Cash 223,300 151,400
Accrued investment income 735,637 633,087
Accounts and premiums receivable 117,969 97,033
Reinsurance receivables 4,194,000 4,486,029
Deferred policy acquisition costs and value of business acquired 3,427,590 3,026,330
Goodwill 825,511 825,511
Other intangibles, net of accumulated amortization (2019 - $239,572; 2018 - $197,368) 595,819 612,854
Property and equipment, net of accumulated depreciation (2019 - $42,846; 2018 - $30,989) 208,980 183,843
Other assets 1,973,915 377,845
Income tax receivable 36,635 0
Assets related to separate accounts    
Variable annuity 12,542,212 12,288,919
Variable universal life 1,066,999 937,732
Reinsurance assumed 9,947,404 0
Total assets 118,726,116 89,383,069
Liabilities    
Future policy benefits and claims 53,891,939 41,900,618
Unearned premiums 783,715 769,620
Total policy liabilities and accruals 54,675,654 42,670,238
Stable value product account balances 5,450,981 5,234,731
Annuity account balances 14,181,458 13,720,081
Other policyholders’ funds 1,622,475 1,128,379
Other liabilities 3,197,609 1,939,718
Income tax payable 0 27,189
Deferred income taxes 1,482,396 898,339
Debt 2,325 1,319
Subordinated debt 110,000 110,000
Non-recourse funding obligations 2,801,952 2,888,329
Secured financing liabilities 352,732 495,307
Liabilities related to separate accounts    
Variable annuity 12,542,212 12,288,919
Variable universal life 1,066,999 937,732
Reinsurance assumed 9,947,404 0
Total liabilities 107,434,197 82,340,281
Commitments and contingencies - Note 11
Shareowner’s equity    
Preferred Stock; $1 par value, shares authorized: 2,000; Liquidation preference: $2 2 2
Common Stock, $1 par value, shares authorized and issued: 2019 and 2018 - 5,000,000 5,000 5,000
Additional paid-in-capital 8,260,537 7,410,537
Retained earnings 1,467,597 1,031,465
Accumulated other comprehensive income (loss):    
Net unrealized gains (losses) on investments, net of income tax: (2019 - $421,142; 2018 - $(367,217)) 1,584,296 (1,381,436)
Net unrealized losses relating to other-than-temporary impaired investments for which a portion has been recognized in earnings, net of income tax: (2019 - $(4,908); 2018 - $(6,054)) (18,465) (22,773)
Accumulated gain (loss) - derivatives, net of income tax: (2019 - $(1,873); 2018 - $(2) (7,048) (7)
Total shareowner’s equity 11,291,919 7,042,788
Total liabilities and shareowner’s equity $ 118,726,116 $ 89,383,069