| Fiscal period | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Period End Date | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | 12/31/2011 | 12/31/2010 |
|---|
| Traditional life and accident and health insurance premiums | 23.53 | 26.48 | 34.23 | 43.77 | 36.05 | 32.62 | 45.35 | 76.68 | 118.91 | 11.98 |
| Realized gains (losses) on investments | 6.96 | (37.18) | 10.51 | 11.52 | 10.21 | (4.00) | 40.56 | (6.45) | (18.64) | 23.73 |
| Change in fair value of derivatives | 906.91 | (777.85) | 1,677.87 | 164.22 | (336.15) | 504.83 | 1,076.02 | 221.14 | (114.73) | 168.86 |
| 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) | -- | (4.96) | (5.41) | (20.18) | (19.54) |
| 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) | (1.27) | (9.52) | (13.80) | (4.32) |
| Net investment income | 2,307.64 | 2,147.81 | 1,992.00 | 1,849.87 | 1,692.19 | 1,531.67 | 1,383.93 | 1,286.92 | 1,218.78 | 1,036.11 |
| Annuity and single premium universal life product charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Annuity product charges | 240.04 | 224.49 | 200.49 | 173.58 | 136.17 | 118.99 | 103.59 | 89.01 | 76.19 | 69.08 |
| Gain (loss) on extinguishment of debt | (2.00) | -- | (18.82) | -- | -- | (12.50) | (32.52) | -- | -- | (0.29) |
| Total Revenues | 3,464.35 | 1,547.10 | 3,891.65 | 2,220.28 | 1,518.94 | 2,168.97 | 2,610.69 | 1,652.36 | 1,246.54 | 1,285.59 |
| Insurance policy benefits and change in future policy benefits | 35.42 | 39.53 | 43.22 | 52.48 | 45.46 | 41.82 | 53.07 | 81.48 | 115.29 | 8.25 |
| Interest credited to account balances | -- | -- | -- | -- | -- | -- | -- | 808.48 | 775.10 | 733.22 |
| Interest sensitive and index product benefits | 1,287.58 | 1,610.84 | 2,023.67 | 725.47 | 968.05 | 1,473.70 | 1,272.87 | -- | -- | -- |
| Amortization of deferred policy acquisition costs | 87.72 | 327.99 | 255.96 | 374.01 | 286.11 | 163.58 | 365.47 | 164.92 | 143.48 | 136.39 |
| Amortization of deferred sales inducements | 88.59 | 222.20 | 176.61 | 251.17 | 209.39 | 131.42 | 253.11 | 87.16 | 71.78 | 59.87 |
| Other operating costs and expenses | (154.15) | (129.30) | (111.69) | (102.23) | (96.22) | (81.58) | (91.92) | (95.50) | (67.56) | (114.62) |
| Interest expense on notes payable | 25.53 | 25.50 | 30.37 | 28.25 | 28.85 | 36.37 | 38.87 | 28.48 | 31.63 | 22.13 |
| Interest expense on subordinated debentures | 15.76 | 15.49 | 14.12 | 12.96 | 12.24 | 12.12 | 12.09 | 13.46 | 13.98 | 14.91 |
| Interest expense on amounts due under repurchase agreements | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Interest expense on General Agency Commission and Servicing Agreement | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other interest expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Change in fair value of embedded derivatives | (1,454.04) | 1,389.49 | (919.74) | (543.47) | 464.70 | (32.32) | (133.97) | (286.90) | 105.19 | (130.95) |
| Income before income taxes and minority interests | 315.57 | 565.74 | 316.27 | 130.25 | 337.31 | 196.06 | 389.33 | 85.99 | 132.91 | 65.27 |
| Income tax expense | 69.48 | 107.73 | 141.63 | 47.00 | 117.48 | 70.04 | 136.05 | 28.19 | 46.67 | 22.33 |
| Income tax expense (benefit) : Current | -- | -- | -- | -- | -- | -- | -- | 80.53 | 127.54 | 140.38 |
| Income tax expense (benefit) : Deferred | -- | -- | -- | -- | -- | -- | -- | (52.34) | (80.87) | (118.05) |
| Minority interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income before cumulative effect of change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of change in accounting for derivatives | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 246.09 | 458.02 | 174.65 | 83.24 | 219.83 | 126.02 | 253.28 | 57.80 | 86.25 | 42.93 |
| 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) | 2.70 | 5.07 | 1.96 | 0.98 | 2.78 | 1.69 | 3.86 | 0.94 | 1.45 | 0.73 |
| 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) | 2.68 | 5.01 | 1.93 | 0.97 | 2.72 | 1.58 | 3.38 | 0.89 | 1.37 | 0.68 |
| Weighted Average Shares Outstanding (Basic) | 91.14 | 90.35 | 88.98 | 84.79 | 78.94 | 74.43 | 65.54 | 61.26 | 59.48 | 58.51 |
| Weighted Average Shares Outstanding (Diluted) | 91.78 | 91.42 | 90.31 | 85.61 | 80.96 | 79.89 | 75.04 | 65.68 | 63.62 | 64.58 |