Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME (LOSS)		$ 1,682,716	$ (83,504)	$ (1,090,088)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Policy charges and fee income		(2,686)	(766)	(245)
Realized investment (gains) losses, net		(884,073)	805,400	3,442,760
Depreciation and amortization		7,905	32,812	10,737
Interest credited to policyholders’ account balances		249,175	30,280	68,889
Change in:
Future policy benefits		1,095,204	982,792	759,604
Accrued investment income		(2,564)	(2,327)	(63,389)
Net receivables from/payables to parent and affiliates		(3,163)	4,165	(55,984)
Deferred sales inducements		(2,885)	(1,551)	(1,805)
Deferred policy acquisition costs		216,799	(291,532)	(449,496)
Income taxes		204,634	763,227	(712,423)
Reinsurance recoverables, net		(33,703)	2,708	199,107
Derivatives, net		131,874	(1,364,754)	2,605,415
Deferred (gain)/loss on reinsurance		(22,723)	4,564	305,464
Other, net		190,662	87,036	(54,819)
Cash flows from (used in) operating activities		2,827,172	968,550	4,963,727
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale		2,534,470	1,145,369	4,072,242
Fixed maturities, trading	[1]	99,656	1,739	2,666
Equity securities	[1]	7,896	3,306	4,823
Commercial mortgage and other loans		143,331	198,584	122,086
Policy loans		675	1,276	1,833
Other invested assets	[1]	29,103	72,667	9,587
Short-term investments		984,409	1,949,758	1,799,219
Payments for the purchase/origination of:
Fixed maturities, available-for-sale		(2,230,936)	(1,528,065)	(5,535,732)
Fixed maturities, trading	[1]	(231,316)	(15,964)	(3,170)
Equity securities	[1]	(14,221)	(3,048)	(4,991)
Commercial mortgage and other loans		(125,007)	(348,520)	(353,692)
Policy loans		(187)	(366)	(442)
Other invested assets	[1]	(167,930)	(7,668)	(111,838)
Short-term investments		(311,277)	(1,713,877)	(2,561,044)
Notes receivable from parent and affiliates, net		3,518	2,717	(4,923)
Derivatives, net		1,073	4,948	(6,305)
Other, net		(69)	254	(2,911)
Cash flows from (used in) investing activities		723,188	(236,890)	(2,572,592)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash collateral for loaned securities		(16,999)	(5,967)	12,782
Proceeds from the issuance of debt (maturities longer than 90 days)		0	0	125,000
Repayments of debt (maturities longer than 90 days)		(43,734)	0	(268,000)
Net increase/(decrease) in short-term borrowing		0	(28,101)	(1,000)
Drafts outstanding		(7,026)	10,624	5,777
Distribution to parent		(1,025,000)	(950,000)	(1,140,000)
Contributed capital		0	0	860,573
Policyholders’ account deposits		3,150,952	2,623,534	2,116,567
Ceded policyholders’ account deposits		(47,449)	(24,191)	(23,890)
Policyholders’ account withdrawals		(2,727,850)	(2,589,770)	(2,259,445)
Ceded policyholders' account withdrawals		30,341	24,111	28,004
Cash flows from (used in) financing activities		(686,765)	(939,760)	(543,632)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS		2,863,595	(208,100)	1,847,503
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		1,639,939	1,848,039	536
CASH AND CASH EQUIVALENTS, END OF YEAR		4,503,534	1,639,939	1,848,039
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid (refund)		(43,130)	437,872	31,931
Interest paid		$ 33,901	$ 34,217	$ 23,392

[1] Prior period amounts have been reclassified to conform to current period presentation. See Note 2 for details.