XML 55 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value of Financial Instruments - Financial Instruments Measured and Carried at Fair Value (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) $ (6,527) $ (187) $ (6,637) $ 5,748        
Net unrealized investment gains (losses) included in other comprehensive income 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0 0 0        
Purchases 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances 0 0 0 0        
Issuances 3,940 3,752 7,379 10,538        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 261,484 265,081 261,484 265,081 $ 271,651 $ 230,257 $ 246,505 $ 212,104
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value 82,265 72,986 82,265 72,986 77,788 80,733 67,995 59,393
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 17,030 35,462 90,661 97,116        
Transfers into Level 3 0 0 0 0        
Net realized investment gains (losses) included in net income related to financial assets 0 (161) (243) (1,875)        
Net realized gains (losses) included in net income related to financial liabilities 2,205 2,587 (1,308) 6,133        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 970 880 16,479 19,151        
Transfers out of Level 3 0 0 0 0        
Financial Liabilities                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 187 1,999 190 1,999        
Sales 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 0 0 0        
Settlements 0 0 0 0        
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPaydownsAndMaturities (1,668) 1,348 (4,539) 3,078        
Paydowns, maturities and distributions 19,513 13,659 35,885 26,862        
Short-term investments                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 0 0 0 0 0 0 0 751
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0 0 0        
Net realized investment gains (losses) included in net income related to financial assets 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0 0 751        
Financial Liabilities                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 0 0 0        
Paydowns, maturities and distributions 0 0 0 0        
Municipal bonds                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) (471) 382 369 3,540        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 49,329 49,212 49,329 49,212 49,921 49,328 49,123 46,497
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0 0 5,214        
Net realized investment gains (losses) included in net income related to financial assets 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0 0 5,557        
Financial Liabilities                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 0 0 0        
Paydowns, maturities and distributions 121 293 368 482        
Corporate bonds                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) 128 (192) (1,459) 263        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 88,865 94,245 88,865 94,245 92,663 72,979 77,052 60,191
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 23,501 40,487 55,420        
Net realized investment gains (losses) included in net income related to financial assets 0 (1) (246) (1)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 (1) 11,279 11,962        
Financial Liabilities                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 1,999 0 1,999        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 0 0 0        
Paydowns, maturities and distributions 3,926 4,117 11,617 7,667        
Equity securities                
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances 0 0 0 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 6 6 6 6 $ 6 6 $ 6 $ 6
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 0 0 0 0        
Net realized investment gains (losses) included in net income related to financial assets 0 0 3 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 0 0 0 0        
Financial Liabilities                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales 0 0 3 0        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 0 0 0        
Paydowns, maturities and distributions 0 $ 0 0 $ 0        
Carrying Amount                
U.S. Government and federally sponsored agency obligations:                
Investments 7,759,668   7,759,668     7,950,184    
Financial Liabilities                
Investment contract and life policy reserves, embedded derivatives 722   722     594    
Other policyholder funds, embedded derivatives 82,265   82,265     80,733    
Carrying Amount | Recurring                
U.S. Government and federally sponsored agency obligations:                
Investments 7,529,139   7,529,139     7,724,075    
Carrying Amount | Short-term investments                
U.S. Government and federally sponsored agency obligations:                
Investments 74,647   74,647     62,593    
Carrying Amount | Mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 750,836   750,836     696,725    
Carrying Amount | Other, including U.S. Treasury securities                
U.S. Government and federally sponsored agency obligations:                
Investments 782,600   782,600     735,408    
Carrying Amount | Municipal bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 1,883,674   1,883,674     1,893,253    
Carrying Amount | Foreign government bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 95,003   95,003     102,738    
Carrying Amount | Corporate bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 2,335,496   2,335,496     2,578,954    
Carrying Amount | Other mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 1,681,530   1,681,530     1,716,997    
Carrying Amount | Equity securities                
U.S. Government and federally sponsored agency obligations:                
Investments 133,184   133,184     135,466    
Carrying Amount | Other investments                
U.S. Government and federally sponsored agency obligations:                
Investments 22,698   22,698     28,050    
Fair Value                
U.S. Government and federally sponsored agency obligations:                
Investments 7,759,668   7,759,668     7,950,184    
Financial Liabilities                
Investment contract and life policy reserves, embedded derivatives 722   722     594    
Other policyholder funds, embedded derivatives 82,265   82,265     80,733    
Fair Value | Recurring                
U.S. Government and federally sponsored agency obligations:                
Investments 7,529,139   7,529,139     7,724,075    
Fair Value | Short-term investments                
U.S. Government and federally sponsored agency obligations:                
Investments 74,647   74,647     62,593    
Fair Value | Mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 750,836   750,836     696,725    
Fair Value | Other, including U.S. Treasury securities                
U.S. Government and federally sponsored agency obligations:                
Investments 782,600   782,600     735,408    
Fair Value | Municipal bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 1,883,674   1,883,674     1,893,253    
Fair Value | Foreign government bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 95,003   95,003     102,738    
Fair Value | Corporate bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 2,335,496   2,335,496     2,578,954    
Fair Value | Other mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 1,681,530   1,681,530     1,716,997    
Fair Value | Equity securities                
U.S. Government and federally sponsored agency obligations:                
Investments 133,184   133,184     135,466    
Fair Value | Other investments                
U.S. Government and federally sponsored agency obligations:                
Investments 22,698   22,698     28,050    
Fair Value | Level 1                
U.S. Government and federally sponsored agency obligations:                
Investments 179,383   179,383     172,539    
Financial Liabilities                
Investment contract and life policy reserves, embedded derivatives 0   0     0    
Other policyholder funds, embedded derivatives 0   0     0    
Fair Value | Level 1 | Recurring                
U.S. Government and federally sponsored agency obligations:                
Investments 26,289   26,289     27,738    
Fair Value | Level 1 | Short-term investments                
U.S. Government and federally sponsored agency obligations:                
Investments 70,705   70,705     62,593    
Fair Value | Level 1 | Mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 1 | Other, including U.S. Treasury securities                
U.S. Government and federally sponsored agency obligations:                
Investments 13,101   13,101     13,393    
Fair Value | Level 1 | Municipal bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 1 | Foreign government bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 1 | Corporate bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 13,188   13,188     14,345    
Fair Value | Level 1 | Other mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 1 | Equity securities                
U.S. Government and federally sponsored agency obligations:                
Investments 82,389   82,389     82,208    
Fair Value | Level 1 | Other investments                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 2                
U.S. Government and federally sponsored agency obligations:                
Investments 7,318,801   7,318,801     7,547,388    
Financial Liabilities                
Investment contract and life policy reserves, embedded derivatives 722   722     594    
Other policyholder funds, embedded derivatives 0   0     0    
Fair Value | Level 2 | Recurring                
U.S. Government and federally sponsored agency obligations:                
Investments 7,241,372   7,241,372     7,466,086    
Fair Value | Level 2 | Short-term investments                
U.S. Government and federally sponsored agency obligations:                
Investments 3,942   3,942     0    
Fair Value | Level 2 | Mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 747,469   747,469     693,375    
Fair Value | Level 2 | Other, including U.S. Treasury securities                
U.S. Government and federally sponsored agency obligations:                
Investments 769,499   769,499     722,015    
Fair Value | Level 2 | Municipal bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 1,834,345   1,834,345     1,843,925    
Fair Value | Level 2 | Foreign government bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 95,003   95,003     102,738    
Fair Value | Level 2 | Corporate bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 2,233,443   2,233,443     2,491,630    
Fair Value | Level 2 | Other mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 1,561,613   1,561,613     1,612,403    
Fair Value | Level 2 | Equity securities                
U.S. Government and federally sponsored agency obligations:                
Investments 50,789   50,789     53,252    
Fair Value | Level 2 | Other investments                
U.S. Government and federally sponsored agency obligations:                
Investments 22,698   22,698     28,050    
Fair Value | Level 3                
U.S. Government and federally sponsored agency obligations:                
Investments 261,484   261,484     230,257    
Financial Liabilities                
Investment contract and life policy reserves, embedded derivatives 0   0     0    
Other policyholder funds, embedded derivatives 82,265   82,265     80,733    
Fair Value | Level 3 | Recurring                
U.S. Government and federally sponsored agency obligations:                
Investments 261,478   261,478     230,251    
Fair Value | Level 3 | Short-term investments                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 3 | Mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 3,367   3,367     3,350    
Fair Value | Level 3 | Other, including U.S. Treasury securities                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 3 | Municipal bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 49,329   49,329     49,328    
Fair Value | Level 3 | Foreign government bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 0   0     0    
Fair Value | Level 3 | Corporate bonds                
U.S. Government and federally sponsored agency obligations:                
Investments 88,865   88,865     72,979    
Fair Value | Level 3 | Other mortgage-backed securities                
U.S. Government and federally sponsored agency obligations:                
Investments 119,917   119,917     104,594    
Fair Value | Level 3 | Equity securities                
U.S. Government and federally sponsored agency obligations:                
Investments 6   6     6    
Fair Value | Level 3 | Other investments                
U.S. Government and federally sponsored agency obligations:                
Investments $ 0   $ 0     $ 0