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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ 9,744 $ 31,453 $ 82,654
Adjustments to reconcile net income (loss) to net cash:      
Policy charges and fee income (346,180) (346,027) (353,932)
Interest credited 277,077 269,488 301,079
Investment gains, net (38,123) (73,720) (125,986)
Amortization/Accretion of bond premium, net 69,632 59,337 44,701
Amortization of VOBA 29,827 30,054 40,880
Changes in assets and liabilities:      
Change in insurance related liabilities and policy-related balances 29,190 52,316 (24,884)
Change in fair value option and trading securitieses (100,101) (15,937)  
Deferred income tax expense (benefit) (22,666) (2,474) 23,566
Decrease (increase) in accrued investment income (3,357) (1,783) 5,194
Decrease (increase) in other assets and liabilities 7,899 (3,961) (27,417)
Net cash provided by (used in) operating activities (87,058) (1,254) (34,145)
Cash flows from investing activities:      
Fixed maturities, available for sale Proceeds from sales and maturities 2,023,946 3,806,768 4,739,792
Fixed maturities, available for sale, Purchases (1,952,554) (3,823,450) (3,703,237)
Commercial mortgage loans, proceeds from sales and paydowns 422,241 265,414 164,658
Commercial mortgage loans, originations and purchases (5,325) (208,580) (559,110)
Purchase of common stocks (3,052) (5,100)  
Net purchases, sales, maturities of derivatives 17,265 2,642 (1,379)
Net purchases, sales, maturities of other investments (60,263) 63,097 184,107
Net cash provided by (used in) investing activities 442,258 116,728 824,831
Cash flows from financing activities:      
Policyholders' account deposits 790,230 763,748 356,916
Policyholders' account withdrawals (979,586) (905,014) (922,215)
Dividends paid to shareholder (70,000) (42,000) (187,000)
Change in overdrafts (20,431) 22,059 (38,996)
Net cash provided by (used in) financing activities (279,787) (161,207) (791,295)
Net increase (decrease) in cash and cash equivalents 75,413 (45,733) (609)
Cash and cash equivalents, beginning of period 3,388 49,121 49,730
Cash and cash equivalents, end of period 78,801 3,388 49,121
Supplemental schedule of cash flow information:      
Income taxes paid 5,000 17,700 24,000
Interest paid 7,835 7,328 6,671
Noncash activities      
Interest income on vehicle note 26,875 25,069 22,880
Interest expense on other long-term debt 26,875 25,069 22,880
Increase in vehicle note and other long-term debt 36,000 50,300 57,100
Change in modified coinsurance payable and deposit receivable 87,966 50,791 $ 133,060
Bond exchanges 10,959 $ 11,199  
Mortgage loan refinance $ 11,368