XML 30 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Volume and Fair Value Positions of Derivative Instruments

The following table provides a summary of the volume and fair value positions of embedded derivative financial instruments. None of these derivatives are designated as accounting hedging instruments and all are gross liabilities reported in contractholder funds.

 

($ in thousands)

   December 31, 2013     December 31, 2012  
   Volume -
Notional
amount
     Fair
value
    Volume -
Notional
amount
     Fair
value
 

Equity-indexed and forward starting options in life and annuity product contracts

   $ 2,591,090       $ (258,415   $ 3,098,496       $ (295,305

Guaranteed accumulation benefits

     152,936         (8,970     174,791         (18,047

Guaranteed withdrawal benefits

     22,199         (474     25,186         (1,574
  

 

 

    

 

 

   

 

 

    

 

 

 

Total derivatives

   $ 2,766,225       $ (267,859   $ 3,298,473       $ (314,926