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Unaudited Interim Statements of Financial Position - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Fixed maturities, available-for-sale, at fair value (amortized cost, 2016: $10,078,018; 2015: $2,433,626) $ 10,494,559 $ 2,524,272
Trading account assets, at fair value 169,969 5,653
Equity securities, available-for-sale, at fair value (cost, 2016: $14; 2015: $14) 18 17
Commercial mortgage and other loans 1,232,800 438,172
Policy loans 12,865 13,054
Short-term investments 644,255 158,227
Other long-term investments 238,029 182,157
Total investments 12,792,495 3,321,552
Cash and cash equivalents 8,194,666 536
Deferred policy acquisition costs 4,047,054 749,302
Accrued investment income 73,279 22,615
Reinsurance recoverables 698,180 3,088,328
Income tax receivable 1,887,307 0
Value of business acquired 30,765 33,640
Deferred sales inducements 918,309 452,752
Receivables from parent and affiliates 129,585 212,696
Other assets 162,330 123,158
Separate account assets 38,484,444 39,250,159
TOTAL ASSETS 67,418,414 47,254,738
LIABILITIES    
Future policy benefits 12,999,857 3,578,662
Policyholders’ account balances 4,696,838 2,416,125
Payables to parent and affiliates 321,008 25,677
Cash collateral for loaned securities 21,084 10,568
Income taxes 0 274,951
Short-term debt 32,852 1,000
Long-term debt 971,898 0
Reinsurance payables 278,650 250,277
Other liabilities 639,972 100,401
Separate account liabilities 38,484,444 39,250,159
Total Liabilities 58,446,603 45,907,820
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 9,203,831 901,422
Retained earnings/(accumulated deficit) (460,402) 396,830
Accumulated other comprehensive income 225,882 46,166
Total Equity 8,971,811 1,346,918
TOTAL LIABILITIES AND EQUITY $ 67,418,414 $ 47,254,738