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Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Fixed maturities, available-for-sale, at fair value (amortized cost, 2015: $2,433,626; 2014: $2,609,253) $ 2,524,272 $ 2,800,593
Trading account assets, at fair value 5,653 6,131
Equity securities, available-for-sale, at fair value (cost, 2015: $14; 2014: $14) 17 17
Commercial mortgage and other loans 438,172 422,563
Policy loans 13,054 13,355
Short-term investments 158,227 57,185
Other long-term investments 182,157 162,783
Total investments 3,321,552 3,462,627
Cash and cash equivalents 536 594
Deferred policy acquisition costs 749,302 1,114,431
Accrued investment income 22,615 25,008
Reinsurance recoverables 3,088,328 2,996,845
Value of business acquired 33,640 39,738
Deferred sales inducements 452,752 665,207
Receivables from parent and affiliates 212,696 60,490
Other assets 123,158 6,193
Separate account assets 39,250,159 44,101,699
TOTAL ASSETS 47,254,738 52,472,832
LIABILITIES    
Policyholders’ account balances 2,416,125 2,633,085
Future policy benefits and other policyholder liabilities 3,578,662 3,539,521
Payables to parent and affiliates 275,737 71,675
Cash collateral for loaned securities 10,568 5,285
Income taxes 274,951 299,084
Short-term debt 1,000 54,354
Other liabilities 100,618 105,972
Separate account liabilities 39,250,159 44,101,699
Total Liabilities $ 45,907,820 $ 50,810,675
Commitments and Contingent Liabilities
EQUITY    
Common stock, $100 par value; 25,000 shares authorized, issued and outstanding $ 2,500 $ 2,500
Additional paid-in capital 901,422 901,422
Retained earnings 396,830 673,613
Accumulated other comprehensive income 46,166 84,622
Total Equity 1,346,918 1,662,157
TOTAL LIABILITIES AND EQUITY $ 47,254,738 $ 52,472,832