| Fiscal period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Period End Date | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 |
|---|
| Premiums and other considerations | 11.97 | 19.74 | 58.20 | 39.38 | 23.53 | 26.48 | 34.23 | 43.77 | 36.05 | 32.62 |
| Realized gains (losses) on investments | (99.20) | (47.85) | (13.24) | (80.68) | 6.96 | (37.18) | 10.51 | 11.52 | 10.21 | (4.00) |
| Change in fair value of derivatives | 259.05 | (1,138.13) | 1,348.74 | 34.67 | 906.91 | (777.85) | 1,677.87 | 164.22 | (336.15) | 504.83 |
| Unrealized gains (losses) on derivatives | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Impairment losses on investments : Total other than temporary impairment losses | -- | -- | -- | -- | (18.51) | (35.01) | (2.76) | (21.35) | (25.55) | -- |
| Impairment losses on investments : Portion of impairment losses recognized in other comprehensive loss | -- | -- | -- | -- | (0.22) | (1.65) | (1.87) | (1.33) | 6.01 | (2.63) |
| Net investment income | 2,272.80 | 2,307.46 | 2,037.48 | 2,182.08 | 2,307.64 | 2,147.81 | 1,992.00 | 1,849.87 | 1,692.19 | 1,531.67 |
| Other revenue | 75.87 | 43.92 | 15.67 | -- | -- | -- | -- | -- | -- | -- |
| Annuity and single premium universal life product charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Annuity product charges | 315.50 | 230.35 | 242.63 | 251.23 | 240.04 | 224.49 | 200.49 | 173.58 | 136.17 | 118.99 |
| Gain (loss) on extinguishment of debt | -- | -- | -- | (2.02) | (2.00) | -- | (18.82) | -- | -- | (12.50) |
| Total Revenues | 2,835.97 | 1,415.50 | 3,689.47 | 2,424.65 | 3,464.35 | 1,547.10 | 3,891.65 | 2,220.28 | 1,518.94 | 2,168.97 |
| Insurance policy benefits and change in future policy benefits | 17.69 | 31.10 | 67.98 | 49.74 | 35.42 | 39.53 | 43.22 | 52.48 | 45.46 | 41.82 |
| Interest credited to account balances | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1,473.70 |
| Interest sensitive and index product benefits | 567.42 | 889.65 | 2,681.41 | 1,543.27 | 1,287.58 | 1,610.84 | 2,023.67 | 725.47 | 968.05 | -- |
| Amortization of deferred policy acquisition costs | 279.70 | 615.30 | 268.33 | 649.55 | 87.72 | 327.99 | 255.96 | 374.01 | 286.11 | 163.58 |
| Amortization of deferred sales inducements | 192.25 | 408.55 | 152.69 | 438.16 | 88.59 | 222.20 | 176.61 | 251.17 | 209.39 | 131.42 |
| Other operating costs and expenses | (301.58) | (239.62) | (243.71) | (183.64) | (154.15) | (129.30) | (111.69) | (102.23) | (96.22) | (81.58) |
| Market risk benefits (gains) losses | 14.55 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest expense on notes payable | 45.89 | 32.10 | 25.58 | 25.55 | 25.53 | 25.50 | 30.37 | 28.25 | 28.85 | 36.37 |
| Interest expense on subordinated debentures | 5.36 | 5.33 | 5.32 | 5.56 | 15.76 | 15.49 | 14.12 | 12.96 | 12.24 | 12.12 |
| Interest expense on amounts due under repurchase agreements | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest expense on General Agency Commission and Servicing Agreement | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other interest expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest expense on amount due to reinsurer | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Change in fair value of embedded derivatives | (1,143.58) | 2,352.60 | 358.30 | 1,286.79 | (1,454.04) | 1,389.49 | (919.74) | (543.47) | 464.70 | (32.32) |
| Income before income taxes and minority interests | 297.05 | 1,546.46 | 602.75 | 815.96 | 315.57 | 565.74 | 316.27 | 130.25 | 337.31 | 196.06 |
| Income tax expense | 85.13 | 325.16 | 128.76 | 144.50 | 69.48 | 107.73 | 141.63 | 47.00 | 117.48 | 70.04 |
| Income tax expense (benefit) : Current | -- | -- | -- | -- | -- | -- | -- | -- | -- | 116.55 |
| Income tax expense (benefit) : Deferred | -- | -- | -- | -- | -- | -- | -- | -- | -- | (46.50) |
| Minority interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting for derivatives | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) | 211.92 | 1,221.30 | 473.99 | 671.46 | -- | -- | -- | -- | -- | -- |
| Less: Net income (loss) available to noncontrolling interests | 1.39 | 0.36 | -- | -- | -- | -- | -- | -- | -- | -- |
| Less: Preferred stock dividends | 43.68 | 43.68 | 43.68 | 33.52 | -- | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 166.86 | 1,177.27 | 430.32 | 637.95 | 246.09 | 458.02 | 174.65 | 83.24 | 219.83 | 126.02 |
| EPS (Basic) : Income before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (Basic) : Cumulative effect of change in accounting for derivatives | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings per share (Basic) | 2.10 | 13.00 | 4.58 | 6.93 | 2.70 | 5.07 | 1.96 | 0.98 | 2.78 | 1.69 |
| EPS (Diluted) : Income before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (Diluted) : Cumulative effect of change in accounting for derivatives | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings per share (Diluted) | 2.06 | 12.86 | 4.55 | 6.90 | 2.68 | 5.01 | 1.93 | 0.97 | 2.72 | 1.58 |
| Weighted Average Shares Outstanding (Basic) | 79.48 | 90.56 | 93.86 | 92.06 | 91.14 | 90.35 | 88.98 | 84.79 | 78.94 | 74.43 |
| Weighted Average Shares Outstanding (Diluted) | 80.95 | 91.54 | 94.49 | 92.39 | 91.78 | 91.42 | 90.31 | 85.61 | 80.96 | 79.89 |