CONSOLIDATED QUARTERLY RESULTS - UNAUDITED (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of unaudited consolidated quarterly operating data

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(Dollars In Thousands)
For The Year Ended December 31, 2019
Premiums and policy fees	$	923,686	$	939,097	$	1,021,152	$	1,172,267
Reinsurance ceded	(315,971)		(337,077)		(314,234)		(549,922)
Net of reinsurance ceded	607,715		602,020		706,918		622,345
Net investment income	641,422		685,194		739,711		752,503
Realized investment gains (losses)	56,220		44,243		130,503		(19,427)
Net impairment losses recognized in earnings	(3,142)		(698)		(10,818)		(19,795)
Other income	78,136		104,172		115,679		119,168
Total revenues	1,380,351		1,434,931		1,681,993		1,454,794
Total benefits and expenses	1,203,624		1,249,208		1,442,152		1,373,637
Income before income tax	176,727		185,723		239,841		81,157
Income tax expense	34,629		31,309		49,417		15,109
Net income	$	142,098	$	154,414	$	190,424	$	66,048
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(Dollars In Thousands)
For The Year Ended December 31, 2018
Premiums and policy fees	$	883,413	$	935,928	$	871,892	$	965,275
Reinsurance ceded	(345,624)		(391,864)		(267,910)		(378,112)
Net of reinsurance ceded	537,789		544,064		603,982		587,163
Net investment income	489,418		578,414		631,955		639,115
Realized investment gains (losses)	(40,725)		(32,583)		(46,866)		(24,005)
Net impairment losses recognized in earnings	(3,645)		(5)		(14)		(26,060)
Other income	80,674		79,754		80,906		79,685
Total revenues	1,063,511		1,169,644		1,269,963		1,255,898
Total benefits and expenses	1,041,575		1,108,750		1,174,793		1,186,310
Income before income tax	21,936		60,894		95,170		69,588
Income tax expense	3,661		8,626		16,646		24,728
Net income	$	18,275	$	52,268	$	78,524	$	44,860