Derivative Investments (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

The tables below present the fair value of derivative instruments.

	December 31, 2014
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
		(In thousands)			(In thousands)
Derivatives not designated as hedging instruments
Equity index options	Derivatives, Index Options	$	114,287
Fixed-indexed products				Universal Life and Annuity Contracts	$	133,236
Total		$	114,287		$	133,236

	December 31, 2013
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
		(In thousands)			(In thousands)
Derivatives not designated as hedging instruments
Equity index options	Derivatives, Index Options	$	169,314
Fixed-indexed products				Universal Life and Annuity Contracts	$	187,399
Total		$	169,314		$	187,399

Schedule of Derivative Instruments in Condensed Consolidated Statements of Earnings

The table below presents the effect of derivative instruments in the consolidated statements of earnings for the years ended December 31, 2014 and 2013.

		Amount of Gain or (Loss) Recognized In Income on Derivatives
Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized In Income on Derivatives	2014			2013		2012
		(In thousands)
Equity index options	Net investment income	$	68,616		225,899		27,147
Fixed-indexed products	Universal life and annuity contract interest	(69,480		)	(229,404	)	(28,852	)
		$	(864	)	(3,505	)	(1,705	)