Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (1,090,088)	$ 173,217	$ 250,767
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Policy charges and fee income	(245)	907	3,491
Realized investment (gains) losses, net	3,442,760	(6,052)	(7,368)
Depreciation and amortization	10,737	37,530	1,402
Interest credited to policyholders’ account balances	68,889	225,555	211,058
Change in:
Future policy benefits	759,604	238,052	324,284
Accrued investment income	(63,389)	2,393	7,161
Net payable to/receivable from parent and affiliates	(55,984)	61,252	(26,936)
Deferred sales inducements	(1,805)	38,380	(11,515)
Deferred policy acquisition costs	(449,496)	381,480	235,612
Income taxes	(712,423)	(3,426)	(67,163)
Reinsurance recoverables	199,107	(270,868)	(273,480)
Bonus reserve	0	(38,768)	(115,700)
Derivatives, net	2,605,415	21,581	(415)
Deferred loss on reinsurance	305,464	(118,028)	0
Other, net	(54,819)	(3,508)	(1,804)
Cash flows from (used in) operating activities	4,963,727	739,697	529,394
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale	4,072,242	486,648	996,083
Commercial mortgage and other loans	122,086	89,344	20,988
Trading account assets	7,489	3,765	4,900
Policy loans	1,833	1,257	753
Other long-term investments	9,587	3,764	(1,650)
Short-term investments	1,799,219	2,318,219	2,637,788
Payments for the purchase/origination of:
Fixed maturities, available-for-sale	(5,535,732)	(336,954)	(494,947)
Equity securities, available-for-sale	(351)	0	0
Commercial mortgage and other loans	(353,692)	(106,185)	(43,859)
Trading account assets	(7,810)	(3,681)	(4,312)
Policy loans	(442)	(644)	(943)
Other long-term investments	(111,838)	(3,994)	(14,691)
Short-term investments	(2,561,044)	(2,419,261)	(2,576,786)
Notes receivable from parent and affiliates, net	(4,923)	3,110	(12,524)
Derivatives, net	(6,305)	(6,528)	1,682
Other, net	(2,911)	1,070	(1,674)
Cash flows from (used in) investing activities	(2,572,592)	29,930	510,808
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash collateral for loaned securities	12,782	5,283	(42,612)
Proceeds from the issuance of debt (maturities longer than 90 days)	125,000	0	0
Repayments of debt (maturities longer than 90 days)	(268,000)	0	(200,000)
Net increase (decrease) in short-term borrowing	(1,000)	(53,354)	49,354
Drafts outstanding	5,777	(1,663)	(6,410)
Distribution to parent	(1,140,000)	(450,000)	(342,000)
Contributed capital	860,573	0	0
Policyholders’ account deposits	2,116,567	1,295,546	1,375,761
Ceded policyholders’ account deposits	(23,890)	(54,027)	0
Policyholders’ account withdrawals	(2,259,445)	(1,511,470)	(1,875,118)
Ceded policyholders' account withdrawals	28,004	0	0
Cash flows from (used in) financing activities	(543,632)	(769,685)	(1,041,025)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	1,847,503	(58)	(823)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	536	594	1,417
CASH AND CASH EQUIVALENTS, END OF YEAR	1,848,039	536	594
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid/(received)	31,931	(4,858)	75,745
Interest paid	$ 23,392	$ 68	$ 8,657