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INVESTMENT OPERATIONS - Narrative (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
reinsurer
position
Dec. 31, 2018
USD ($)
reinsurer
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer $ (239,860,000) $ (1,654,537,000)
Minimum percentage of underlying collateral guaranteed by third party 97.00%  
Number of positions | position 876  
Fixed maturity securities - available-for-sale $ 64,746,076,000 49,898,408,000
Available-for-sale securities, amortized cost 61,970,744,000 52,452,334,000
Securities in trading portfolio 2,625,436,000 2,457,010,000
Non-income producing investments 155,100,000 140,500,000
Policy loans $ 1,675,121,000 1,695,886,000
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    
Fixed maturity securities - available-for-sale $ 1,600,000,000  
Available-for-sale securities, amortized cost 1,700,000,000  
Securities in trading portfolio 124,400,000  
Securities not publicly traded 227,000,000.0  
Residential mortgage-backed securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (2,091,000) (30,633,000)
Fixed maturity securities - available-for-sale 5,931,341,000 3,602,991,000
Available-for-sale securities, amortized cost 5,812,170,000 3,641,678,000
Securities in trading portfolio 209,521,000 241,836,000
Commercial mortgage-backed securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (1,571,000) (49,602,000)
Fixed maturity securities - available-for-sale 2,639,668,000 2,266,387,000
Available-for-sale securities, amortized cost 2,588,575,000 2,319,476,000
Securities in trading portfolio 201,284,000 188,925,000
Other asset-backed securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (8,410,000) (4,435,000)
Fixed maturity securities - available-for-sale 1,781,235,000 1,391,893,000
Available-for-sale securities, amortized cost 1,764,120,000 1,410,059,000
Securities in trading portfolio 143,361,000 159,907,000
U.S. government-related securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (1,943,000) (41,054,000)
Fixed maturity securities - available-for-sale 1,032,396,000 1,614,505,000
Available-for-sale securities, amortized cost 1,032,048,000 1,658,433,000
Securities in trading portfolio 47,067,000 59,794,000
Other government-related securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (1,322,000) (18,583,000)
Fixed maturity securities - available-for-sale 597,169,000 514,036,000
Available-for-sale securities, amortized cost 548,136,000 543,534,000
Securities in trading portfolio 28,775,000 44,207,000
States, municipals, and political subdivisions    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (229,000) (91,722,000)
Fixed maturity securities - available-for-sale 4,638,850,000 3,588,841,000
Available-for-sale securities, amortized cost 4,415,008,000 3,682,037,000
Securities in trading portfolio 293,791,000 286,413,000
Corporate securities    
Available-for-sale securities    
Continuous unrealized loss position, 12 months or longer (220,045,000) (1,411,415,000)
Fixed maturity securities - available-for-sale 46,809,101,000 36,201,578,000
Available-for-sale securities, amortized cost 44,493,799,000 38,467,380,000
Securities in trading portfolio 1,590,936,000 1,423,833,000
Fixed Maturities    
Available-for-sale securities    
Fixed maturity securities - available-for-sale 63,516,425,000 49,263,033,000
Available-for-sale securities, amortized cost 60,741,093,000 51,816,959,000
Securities in trading portfolio 2,527,567,000 2,416,192,000
Gross unrealized holding gains 201,909,000 0
Gross unrecognized holding losses $ 0 $ 86,264,000
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 loss related to the VIE limited to the entity's investment $ 10,000  
Payments made $ 0