Adoption of New Accounting Standard (Tables)

6 Months Ended

Jun. 30, 2012

Schedule Of Analysis Deferred Acquisition Costs

A roll forward presenting an analysis of the changes in the deferred acquisition costs balances for the 2012 and 2011 periods is as follows:

Deferred Acquisition Costs

	Six months ended June 30,
	2012			2011(1)
Balance at beginning of year	$	2,916,732		$	2,869,546
Additions:
Deferred during period:
Commissions		151,360			139,699
Other expenses		84,632			79,290
Total deferred		235,992			218,989
Adjustment attributable to unrealized investment losses (2)		6,571			0
Foreign exchange adjustment		76			1,667
Total additions		242,639			220,656
Deductions:
Amortized during period		(193,099	)		(184,127	)
Adjustment attributable to unrealized investment gains (2)		0			(5,999	)
Total deductions		(193,099	)		(190,126	)
Balance at end of period	$	2,966,272		$	2,900,076

(1) The 2011 balances have been retroactively adjusted to give effect to the adoption of the new accounting guidance.

(2) Represents amounts pertaining to investments relating to universal life-type products.