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Equity (Tables)
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) The balance of and changes in each component of AOCI as of and for the three months ended March 31, 2019 and 2018 are as follows:

 
Accumulated Other Comprehensive Income (Loss)
 
Foreign Currency Translation Adjustment
 
Net Unrealized
Investment Gains
(Losses)(1)
 
Total Accumulated Other Comprehensive Income (Loss)
 
(in thousands)
Balance, December 31, 2018
$
(1,078
)
 
$
(323,295
)
 
$
(324,373
)
Change in OCI before reclassifications
100

 
282,844

 
282,944

Amounts reclassified from AOCI
0

 
1,584

 
1,584

Income tax benefit (expense)
(21
)
 
(59,730
)
 
(59,751
)
Balance, March 31, 2019
$
(999
)
 
$
(98,597
)
 
$
(99,596
)
 
 
 
Accumulated Other Comprehensive Income (Loss)
 
Foreign Currency Translation Adjustment
 
Net Unrealized
Investment Gains
(Losses)(1)
 
Total Accumulated Other Comprehensive Income (Loss)
 
(in thousands)
Balance, December 31, 2017
$
(7
)
 
$
(90,117
)
 
$
(90,124
)
Change in OCI before reclassifications
(767
)
 
(253,296
)
 
(254,063
)
Amounts reclassified from AOCI
0

 
77,017

 
77,017

Income tax benefit (expense)
161

 
37,019

 
37,180

Cumulative effect of adoption of ASU 2016-01
0

 
(3
)
 
(3
)
Cumulative effect of adoption of ASU 2018-02
(2
)
 
(36,712
)
 
(36,714
)
Balance, March 31, 2018
$
(615
)
 
$
(266,092
)
 
$
(266,707
)

(1)
Includes cash flow hedges of $(2) million and $(4) million as of March 31, 2019 and December 31, 2018, respectively, and $(39) million and $(26) million as of March 31, 2018 and December 31, 2017, respectively.
Reclassification out of Accumulated Other Comprehensive Income Reclassifications out of Accumulated Other Comprehensive Income (Loss)
 
Three Months Ended
March 31,
 
2019
 
2018
 
(in thousands)
Amounts reclassified from AOCI(1)(2):
 
 
 
Net unrealized investment gains (losses):
 
 
 
Cash flow hedges—Currency/ Interest rate(3)
$
(853
)
 
$
(3,218
)
Net unrealized investment gains (losses) on available-for-sale securities
(731
)
 
(73,799
)
Total net unrealized investment gains (losses)(4)
(1,584
)
 
(77,017
)
Total reclassifications for the period
$
(1,584
)
 
$
(77,017
)

(1)
All amounts are shown before tax.
(2)
Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI.
(3)
See Note 4 for additional information on cash flow hedges.
(4)
See table below for additional information on unrealized investment gains (losses), including the impact on deferred policy acquisition and other costs and future policy benefits and other liabilities.
OTTI Net Unrealized Investment Gains (Losses) AOCI Rollforward The amounts for the periods indicated below, split between amounts related to fixed maturity securities on which an OTTI loss has been recognized, and all other net unrealized investment gains (losses), are as follows:

Net Unrealized Investment Gains (Losses) on Fixed Maturity Securities on which an OTTI loss has been recognized
 
Net Unrealized
Gains (Losses)
on Investments
 
Deferred Policy Acquisition Costs and Other Costs(2)
 
Future Policy Benefits and Other Liabilities(3)
 
Deferred
Income Tax
(Liability)
Benefit
 
Accumulated Other Comprehensive
Income (Loss) Related To Net Unrealized Investment Gains (Losses)
 
(in thousands)
Balance, December 31, 2018
$
(3,334
)
 
$
(1,119
)
 
$
(68
)
 
$
27

 
$
(4,494
)
Net investment gains (losses) on investments arising during the period
6,786

 
0

 
0

 
(1,425
)
 
5,361

Reclassification adjustment for (gains) losses included in net income
(77
)
 
0

 
0

 
16

 
(61
)
Reclassification adjustment for OTTI (gains) losses excluded from net income(1)
(92
)
 
0

 
0

 
19

 
(73
)
Impact of net unrealized investment (gains) losses on deferred policy acquisition costs and other costs
0

 
1,074

 
0

 
(226
)
 
848

Impact of net unrealized investment (gains) losses on future policy benefits and other liabilities
0

 
0

 
115

 
(24
)
 
91

Balance, March 31, 2019
$
3,283

 
$
(45
)
 
$
47

 
$
(1,613
)
 
$
1,672


(1)
Represents "transfers in" related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.
(2)
"Other costs" primarily includes reinsurance recoverables, DSI and value of business acquired ("VOBA").
(3)
"Other liabilities" primarily includes reinsurance payables and deferred reinsurance gains.
All Other Net Unrealized Investment Gains (Losses) in AOCI Rollforward All Other Net Unrealized Investment Gains (Losses) in AOCI
 
Net Unrealized
Gains (Losses)
on Investments(1)
 
Deferred Policy Acquisition Costs and Other Costs(3)
 
Future Policy Benefits and Other Liabilities(4)
 
Deferred
Income Tax
(Liability)
Benefit
 
Accumulated Other Comprehensive
Income (Loss) Related To Net Unrealized Investment Gains (Losses)
 
(in thousands)
Balance, December 31, 2018
$
(413,575
)
 
$
8,505

 
$
1,113

 
$
85,156

 
$
(318,801
)
Net investment gains (losses) on investments arising during the period
372,379

 
0

 
0

 
(78,199
)
 
294,180

Reclassification adjustment for (gains) losses included in net income
1,661

 
0

 
0

 
(349
)
 
1,312

Reclassification adjustment for OTTI (gains) losses excluded from net income(2)
92

 
0

 
0

 
(19
)
 
73

Impact of net unrealized investment (gains) losses on deferred policy acquisition costs and other costs
0

 
(84,466
)
 
0

 
17,738

 
(66,728
)
Impact of net unrealized investment (gains) losses on future policy benefits and other liabilities
0

 
0

 
(13,044
)
 
2,739

 
(10,305
)
Balance, March 31, 2019
$
(39,443
)
 
$
(75,961
)
 
$
(11,931
)
 
$
27,066

 
$
(100,269
)

(1)
Includes cash flow hedges. See Note 4 for information on cash flow hedges.
(2)
Represents "transfers out" related to the portion of OTTI losses recognized during the period that were not recognized in earnings for securities with no prior OTTI loss.
(3)
"Other costs" primarily includes reinsurance recoverables, DSI and VOBA.
(4)
"Other liabilities" primarily includes reinsurance payables and deferred reinsurance gains.