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v3.22.2.2

Fair Values of Financial Instruments (Fair Values and Carrying Amounts of Financial Instruments) (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Assets |  |
Fixed maturity securities, available for sale, fair value | $ 41,087,911 | $ 51,305,943
Derivative instruments | 196,656 | 1,277,480
Other investments | 2,636,152 | 1,767,144
Coinsurance deposits (net of allowance for credit losses of $7,729 as of 2022 and $2,264 as of 2021) | 8,848,418 | 8,850,608
Liabilities |  |
Policy benefit reserves | 61,137,017 | 65,477,778
Other policy funds - FHLB | 50,000 |
Carrying Amount |  |
Assets |  |
Fixed maturity securities, available for sale, fair value | 41,087,911 | 51,305,943
Mortgage loans on real estate | 6,601,445 | 5,687,998
Real estate investments | 897,673 | 337,939
Derivative instruments | 196,656 | 1,277,480
Other investments | 2,636,152 | 1,767,144
Cash and cash equivalents | 1,808,132 | 4,508,982
Coinsurance deposits (net of allowance for credit losses of $7,729 as of 2022 and $2,264 as of 2021) | 8,848,418 | 8,850,608
Liabilities |  |
Policy benefit reserves | 60,756,774 | 65,076,041
Single premium immediate annuity (SPIA) benefit reserves | 215,902 | 226,207
Other policy funds - FHLB | 50,000 | 0
Notes and loan payable | 794,831 | 496,250
Subordinated debentures | 78,668 | 78,421
Fair Value |  |
Assets |  |
Fixed maturity securities, available for sale, fair value | 41,087,911 | 51,305,943
Mortgage loans on real estate | 6,159,905 | 5,867,227
Real estate investments | 897,673 | 337,939
Derivative instruments | 196,656 | 1,277,480
Other investments | 2,694,152 | 1,767,144
Cash and cash equivalents | 1,808,132 | 4,508,982
Coinsurance deposits (net of allowance for credit losses of $7,729 as of 2022 and $2,264 as of 2021) | 8,342,351 | 7,938,292
Liabilities |  |
Policy benefit reserves | 56,012,323 | 56,375,076
Single premium immediate annuity (SPIA) benefit reserves | 225,088 | 235,891
Other policy funds - FHLB | 50,000 | 0
Notes and loan payable | 774,625 | 569,485
Subordinated debentures | $ 80,056 | $ 93,721

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