XML 69 R52.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Values of Financial Instruments (Assets and Liabilities Measured on a Recurring Basis by Fair Value Hierarchy) (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Derivative instruments $ 1,277,480 $ 1,310,954
Liabilities    
Equity method investments, fair value 520,100 179,700
Short-term loans, fair value 320,000 0
COLI, fair value 384,300 373,600
Fair Value, Measurements, Recurring    
Assets    
Real estate investments 337,939  
Derivative instruments 1,277,480 1,310,954
Cash and cash equivalents 4,508,982 9,095,522
Assets 57,442,570 57,945,369
Liabilities    
Fixed index annuities - embedded derivatives 7,964,961 7,938,281
Fair Value, Measurements, Recurring | United States Government Full Faith and Credit    
Assets    
Investments 37,793 39,771
Fair Value, Measurements, Recurring | United States Government Sponsored Agencies    
Assets    
Investments 1,040,953 1,039,551
Fair Value, Measurements, Recurring | United States Municipalities, States and Territories    
Assets    
Investments 3,927,201 3,776,131
Fair Value, Measurements, Recurring | Foreign Government Obligations    
Assets    
Investments 402,545 202,706
Fair Value, Measurements, Recurring | Corporate Securities    
Assets    
Investments 34,660,234 31,156,827
Fair Value, Measurements, Recurring | Residential Mortgage Backed Securities    
Assets    
Investments 1,125,049 1,512,831
Fair Value, Measurements, Recurring | Commercial Mortgage Backed Securities    
Assets    
Investments 4,840,311 4,261,227
Fair Value, Measurements, Recurring | Other Asset Backed Securities    
Assets    
Investments 5,271,857 5,549,849
Fair Value, Measurements, Recurring | Equity Securities    
Assets    
Investments 12,226  
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1)    
Assets    
Real estate investments 0  
Derivative instruments 0 0
Cash and cash equivalents 4,508,982 9,095,522
Assets 4,574,419 9,129,470
Liabilities    
Fixed index annuities - embedded derivatives 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | United States Government Full Faith and Credit    
Assets    
Investments 32,737 33,940
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | United States Government Sponsored Agencies    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | United States Municipalities, States and Territories    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Foreign Government Obligations    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Corporate Securities    
Assets    
Investments 32,700 8
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Residential Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Commercial Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Other Asset Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1) | Equity Securities    
Assets    
Investments 0  
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Real estate investments 0  
Derivative instruments 1,277,480 1,310,954
Cash and cash equivalents 0 0
Assets 52,523,863 48,815,899
Liabilities    
Fixed index annuities - embedded derivatives 0 0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | United States Government Full Faith and Credit    
Assets    
Investments 5,056 5,831
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | United States Government Sponsored Agencies    
Assets    
Investments 1,040,953 1,039,551
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | United States Municipalities, States and Territories    
Assets    
Investments 3,927,201 3,776,131
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Foreign Government Obligations    
Assets    
Investments 402,545 202,706
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Corporate Securities    
Assets    
Investments 34,627,534 31,156,819
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Residential Mortgage Backed Securities    
Assets    
Investments 1,125,049 1,512,831
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Commercial Mortgage Backed Securities    
Assets    
Investments 4,840,311 4,261,227
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Other Asset Backed Securities    
Assets    
Investments 5,271,857 5,549,849
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Equity Securities    
Assets    
Investments 5,877  
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Real estate investments 337,939  
Derivative instruments 0 0
Cash and cash equivalents 0 0
Assets 344,288 0
Liabilities    
Fixed index annuities - embedded derivatives 7,964,961 7,938,281
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | United States Government Full Faith and Credit    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | United States Government Sponsored Agencies    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | United States Municipalities, States and Territories    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Foreign Government Obligations    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Corporate Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Residential Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Commercial Mortgage Backed Securities    
Assets    
Investments 0 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Other Asset Backed Securities    
Assets    
Investments 0 $ 0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Equity Securities    
Assets    
Investments $ 6,349