Transamerica Advisors Life Insurance 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2017shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Registrant Name	TRANSAMERICA ADVISORS LIFE INSURANCE CO
Entity Central Index Key	845,091
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	250,000

BALANCE SHEETS

BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments
Fixed maturity available-for-sale securities, at estimated fair value (amortized cost: 2017 - $1,354,397; 2016 - $1,383,787)	$ 1,463,444	$ 1,487,037
Equity available-for-sale securities, at estimated fair value (cost: 2017 - $31,264; 2016 - $31,264)	33,205	32,551
Limited partnerships	72,609	70,910
Mortgage loans on real estate	122,305	116,208
Policy loans	627,399	632,834
Derivative assets	2,609	16,526
Total investments	2,321,571	2,356,066
Cash and cash equivalents	107,697	267,844
Accrued investment income	30,490	34,318
Deferred policy acquisition costs	32,778	33,901
Deferred sales inducements	7,452	7,708
Value of business acquired	218,960	222,299
Goodwill	2,800	2,800
Income tax asset	1	576
Reinsurance receivables	330	166
Receivable for investments sold - net		997
Other assets	29,891	35,484
Recoverable of ceded guaranteed minimum income benefits embedded derivatives, at fair value	39,244	48,166
Separate Accounts assets	5,723,657	5,659,950
Total Assets	8,514,871	8,670,275
Policyholder liabilities and accruals
Policyholder account balances	1,079,290	1,096,695
Future policy benefits	456,847	486,826
Claims and claims settlement expenses	32,516	37,556
Total policyholder liabilities and accruals	1,568,653	1,621,077
Payables for collateral under securities loaned, reverse repurchase agreements and derivatives	66,929	245,702
Checks not yet presented for payment	5,771	4,261
Derivative liabilities	7,051	15,165
Affiliated payables - net	5,801	5,064
Reinsurance payables	200	203
Payable for investments purchased - net	1,879
Other liabilities	11,174	12,461
Separate Accounts liabilities	5,723,657	5,659,950
Total Liabilities	7,391,115	7,563,883
Stockholder's Equity
Common stock ($10 par value; authorized 1,000,000 shares; issued and outstanding: 250,000 shares)	2,500	2,500
Additional paid-in capital	1,412,376	1,425,816
Accumulated other comprehensive income, net of taxes	61,338	55,350
Retained deficit	(352,458)	(377,274)
Total Stockholder's Equity	1,123,756	1,106,392
Total Liabilities and Stockholder's Equity	$ 8,514,871	$ 8,670,275

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Fixed maturity available-for-sale securities, amortized cost	$ 1,354,397	$ 1,383,787
Equity available-for-sale securities, cost	$ 31,264	$ 31,264
Common stock, par value	$ 10	$ 10
Common stock, shares authorized	1,000,000	1,000,000
Common stock, shares issued	250,000	250,000
Common stock, shares outstanding	250,000	250,000

STATEMENTS OF INCOME (LOSS)

STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Policy charge revenue	$ 37,476	$ 37,039
Net investment income (loss)	27,944	26,452
Net realized investment gains (losses)
Other-than-temporary impairment gains (losses) on securities		(3,548)
Portion of other-than-temporary impairments previously recognized in other comprehensive income (loss)		(121)
Net other-than-temporary impairment losses on securities recognized in income	0	(3,669)
Net realized investment gains (losses), excluding other-than-temporary impairment losses on securities	31	3,535
Net realized investment gains (losses)	31	(134)
Net derivative gains (losses)	(24,228)	3,371
Total Revenues	41,223	66,728
Benefits and Expenses
Interest credited to policyholder liabilities	12,983	14,030
Policy benefits (net of reinsurance recoveries: 2017 - $415 ; 2016 - $548)	(9,490)	43,054
Amortization (accretion) of deferred policy acquisition costs	1,132	942
Amortization (accretion) of value of business acquired	2,364	5,380
Insurance, General and Administrative Expenses	8,843	9,926
Total Benefits and Expenses	15,832	73,332
Income (Loss) Before Taxes	25,391	(6,604)
Income Tax Expense (Benefit)	575	0
Net Income (Loss)	$ 24,816	$ (6,604)

STATEMENTS OF INCOME (LOSS) (Pa

STATEMENTS OF INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Policy benefits, reinsurance recoveries	$ 415	$ 548

STATEMENTS OF COMPREHENSIVE INC

STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net Income (Loss)	$ 24,816	$ (6,604)
Net unrealized gains (losses) on available-for-sale securities
Net unrealized holding gains (losses) arising during the period	5,996	45,202
Reclassification adjustment for (gains) losses included in net income (loss)	532	(1,800)
Total net unrealized gains (losses) on available-for-sale securities	6,528	43,402
Net unrealized gains (losses) on cash flow hedges
Net unrealized gains (losses) on cash flow hedges arising during the period	161	(1,150)
Reclassification adjustment for (gains) losses included in net income (loss)	247	(197)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax, Total	408	(1,347)
Net unrealized other-than-temporary impairments on securities
Change in previously recognized unrealized other-than-temporary impairments	(77)	(882)
Reclassification adjustment for other-than-temporary impairments included in net income (loss)		3,669
Net unrealized other-than-temporary impairments on securities	(77)	2,787
Adjustments
Value of business acquired	(871)	(5,098)
Other Comprehensive Income, Adjustments	(871)	(5,098)
Total other comprehensive income (loss), net of taxes	5,988	39,744
Comprehensive Income (Loss)	$ 30,804	$ 33,140

STATEMENTS OF STOCKHOLDER'S EQU

STATEMENTS OF STOCKHOLDER'S EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Retained Earnings (Deficit)
Balance at beginning of period at Dec. 31, 2015		$ 2,500	$ 1,514,157	$ 56,591	$ (281,747)
Net Income (Loss)	$ (6,604)
Total other comprehensive income (loss), net of taxes	39,744			39,744
Return of capital to Transamerica Corporation			(30,489)
Balance at end of period at Mar. 31, 2016				96,335
Balance at beginning of period at Dec. 31, 2015		2,500	1,514,157	56,591	(281,747)
Net Income (Loss)					(20,527)
Total other comprehensive income (loss), net of taxes				(1,241)
Cash dividend paid to Transamerica Corporation /AEGON USA, LLC					(75,000)
Return of capital to Transamerica Corporation	13,381		(88,341)
Balance at end of period at Dec. 31, 2016	1,106,392	$ 2,500	1,425,816	55,350	(377,274)
Net Income (Loss)	24,816				24,816
Total other comprehensive income (loss), net of taxes	5,988			5,988
Return of capital to Transamerica Corporation	13,400		(13,440)
Balance at end of period at Mar. 31, 2017	$ 1,123,756		$ 1,412,376	$ 61,338	$ (352,458)

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)		$ 24,816	$ (6,604)
Adjustments to reconcile net income (loss) to net cash and cash equivalents provided by operating activities:
Change in deferred policy acquisition costs		1,123	939
Change in deferred sales inducements		256	212
Change in value of business acquired		2,364	5,380
Change in benefit reserves, net of change in ceded reinsurance recoverable		(21,716)	21,831
Change in income tax accruals		575
Change in claims and claims settlement expenses		(5,040)	7,624
Change in other operating assets and liabilities - net		10,613	16,760
Change in checks not yet presented for payment		1,510	(4,016)
Amortization (accretion) of investments		(287)	(270)
Interest credited to policyholder liabilities		12,983	14,030
Net derivative (gains) losses		24,228	(3,371)
Net realized investment (gains) losses		(31)	134
Change in unrealized (gains) losses related to limited partnerships		(1,630)
Limited partnership asset distributions			1
Net cash and cash equivalents provided by/(used in) operating activities		49,764	52,650
CASH FLOWS FROM INVESTING ACTIVITIES
Sales of available-for-sale securities and mortgage loans		53,703	101,543
Maturities of available-for-sale securities and mortgage loans		44,315	90,934
Purchases of available-for-sale securities and mortgage loans	[1]	(74,313)	(88,960)
Sales of limited partnerships		801	667
Purchases of limited partnerships		(870)	(10,500)
Change in affiliated short-term note receivable			(25,000)
Cash received in connection with derivatives		27,754	53,953
Cash paid in connection with derivatives		(44,904)	(34,911)
Policy loans on insurance contracts - net		5,435	9,385
Net settlement on futures contracts		(469)	2,549
Other			2,541
Net cash and cash equivalents provided by/(used in) investing activities		11,452	102,201
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholder deposits		2,211	1,869
Policyholder withdrawals		(31,940)	(33,328)
Return of capital to Transamerica Corporation	[2]	(13,440)
Change in payables for collateral under securities loaned, reverse repurchase agreements and derivatives		(178,194)	(2,760)
Net cash and cash equivalents provided by/(used in) financing activities		(221,363)	(34,219)
Net increase (decrease) in cash and cash equivalents		(160,147)	120,632
Cash and cash equivalents, beginning of year		267,844	236,482
Cash and cash equivalents, end of period		$ 107,697	$ 357,114
[1]	Not included in purchases of available-for-sale securities and mortgage loans for the three months ended March 31, 2016 is the amount payable for investments purchased – net of $56,718.
[2]	Not included in return of capital to Transamerica Corporation for the three months ended March 31, 2016 is the amount payable to Transamerica Corporation in connection with the tax allocation agreement of $30,489. The amount payable is presented on the Balance Sheets within the affiliated payables – net line item.

STATEMENTS OF CASH FLOWS (Paren

STATEMENTS OF CASH FLOWS (Parenthetical) $ in Thousands	Mar. 31, 2016USD ($)
Statement Of Cash Flows [Abstract]
Payable for investments purchased - net	$ 56,718
Capital payable to Transamerica Corporation	$ 30,489

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies Basis of Presentation Transamerica Advisors Life Insurance Company (“TALIC” or the “Company”) is a wholly owned subsidiary of Transamerica Corporation (“TA Corp”, “the Parent”), which is an indirect wholly owned subsidiary of AEGON N.V., a limited liability share company organized under Dutch law. AEGON N.V. and its subsidiaries and joint ventures have life insurance and pension operations in over twenty countries in Europe, the Americas, and Asia and are also active in savings and investment operations, accident and health insurance, and general insurance and have limited banking operations in a number of these countries. The Company is a life insurance company that conducts its business primarily in the annuity markets and to a lesser extent in the life insurance markets of the financial services industry. The Company is domiciled in the State of Arkansas and is currently licensed to sell insurance and annuities in forty-nine states, the District of Columbia, the U.S. Virgin Islands and Guam. The Company is currently subject to primary regulation by the Arkansas Insurance Department. Basis of Reporting The accompanying Financial Statements have been prepared in conformity with United States generally accepted accounting principles (“GAAP”). The Company also submits financial statements to insurance industry regulatory authorities, which are prepared on the basis of statutory accounting principles (“SAP”). The interim Financial Statements are unaudited; all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the Financial Statements have been included. These unaudited Financial Statements should be read in conjunction with the audited Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. For a complete discussion of the Company’s 2016 Financial Statements and accounting policies, refer to the Company’s Annual Report on Form 10-K. The nature of the Company’s business is such that results of any interim period are not necessarily indicative of results for a full year. Accounting Estimates and Assumptions The preparation of financial statements in conformity to GAAP requires management to make estimates and assumptions affecting the reported amounts of assets, liabilities, revenues and expenses and the disclosures of contingent assets and liabilities. Those estimates are inherently subject to change and actual results could differ from those estimates. Included among the material (or potentially material) reported amounts and disclosures that require extensive use of estimates are: fair value of certain investments (including derivatives), asset valuation allowances, deferred policy acquisition costs, deferred sales inducements, value of business acquired, goodwill, policyholder liabilities, income taxes, and potential effects of unresolved litigated matters. Subsequent Events The Financial Statements are adjusted to reflect events that occurred between the Balance Sheet date and the date when the Financial Statements are issued, provided they give evidence of conditions that existed at the Balance Sheet date. Events that are indicative of conditions that arose after the Balance Sheet date are disclosed, but do not result in an adjustment of the Financial Statements themselves. No subsequent events have been identified through May 12, 2017 that require adjustments or disclosure to the Financial Statements. Current Accounting Guidance Accounting Standards Update (“ASU”) 2016-06, Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instrument In March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-06, Derivatives and Hedging (Topic 815) Contingent Put and Call Options in Debt Instruments ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships Future Accounting Guidance ASU 2017-08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20 Premium Amortization on Purchased Callable Debt Securities In March 2017, the FASB issued ASU 2017-08, Receivables—Nonrefundable Fees and Other Costs ( Subtopic 310-20) ASU 2017-04, Intangibles—Goodwill and Other (Topic 350) Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350)

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 2. Fair Value of Financial Instruments Fair Value Measurements Accounting Standards Codification (“ASC”) ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a three-level fair value hierarchy based on the quality of inputs used to measure fair value and enhances disclosure requirements for fair value measurements. Fair Value Hierarchy The Company has categorized its financial instruments into the three-level hierarchy based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument. Assets and liabilities recorded at fair value on the Balance Sheets are categorized as follows: Level 1 . Unadjusted quoted prices for identical assets or liabilities in an active market. Level 2 . Quoted prices in markets that are not active or inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following: a) Quoted prices for similar assets or liabilities in active markets b) Quoted prices for identical or similar assets or liabilities in non-active markets c) Inputs other than quoted market prices that are observable d) Inputs that are derived principally from or corroborated by observable market data through correlation or other means Level 3 . Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. Both observable and unobservable inputs may be used to determine the fair value of positions classified in Level 3. The circumstances for using unobservable measurements include those in which there is little, if any, market activity for the assets or liabilities. Therefore, we must make assumptions about inputs a hypothetical market participant would use to value the assets and liabilities. The Company recognizes transfers between levels at the beginning of the quarter. The following tables present the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis at March 31, 2017 and December 31, 2016: March 31, 2017 Level 1 Level 2 Level 3 Total Assets Fixed maturity available-for-sale ("AFS") securities (a) Corporate securities $ - $ 892,795 $ - $ 892,795 Asset-backed securities - 36,098 13,288 49,386 Commercial mortgage-backed securities - 74,572 - 74,572 Residential mortgage-backed securities - 68,444 - 68,444 Municipals - 871 - 871 Government and government agencies United States 351,481 199 - 351,680 Foreign 1,474 24,222 - 25,696 Total fixed maturity AFS securities $ 352,955 $ 1,097,201 $ 13,288 $ 1,463,444 Equity AFS securities (a) Banking securities $ - $ 27,405 $ - $ 27,405 Industrial securities - 5,800 - 5,800 Total equity AFS securities $ - $ 33,205 $ - $ 33,205 Cash equivalents (b) $ - $ 106,058 $ - $ 106,058 Derivative assets (c) - 2,609 - 2,609 Fair value recoverable of ceded guaranteed minimum income benefits ("GMIB") embedded derivatives (d) - - 39,244 39,244 Investments measured at net asset value ("NAV") (e) - - - 5,796,266 Total assets $ 352,955 $ 1,239,073 $ 52,532 $ 7,440,826 Liabilities Future policy benefits (embedded derivatives only) (f) $ - $ - $ 48,395 $ 48,395 Derivative liabilities (c) - 7,051 - 7,051 Total liabilities $ - $ 7,051 $ 48,395 $ 55,446 December 31, 2016 Level 1 Level 2 Level 3 Total Assets Fixed maturity AFS securities (a) Corporate securities $ - $ 911,851 $ - $ 911,851 Asset-backed securities - 43,372 9,215 52,587 Commercial mortgage-backed securities - 76,513 - 76,513 Residential mortgage-backed securities - 96,177 - 96,177 Municipals - 856 - 856 Government and government agencies United States 341,379 - - 341,379 Foreign 1,480 6,194 - 7,674 Total fixed maturity AFS securities $ 342,859 $ 1,134,963 $ 9,215 $ 1,487,037 Equity AFS securities (a) Banking securities $ - $ 26,726 $ - $ 26,726 Industrial securities - 5,825 - 5,825 Total equity AFS securities $ - $ 32,551 $ - $ 32,551 Cash equivalents (b) - 265,538 - 265,538 Derivative assets (c) - 16,526 - 16,526 Fair value recoverable of ceded GMIB embedded derivatives (d) - - 48,166 48,166 Investments measured at NAV (e) - - - 5,730,860 Total assets $ 342,859 $ 1,449,578 $ 57,381 $ 7,580,678 Liabilities Future policy benefits (embedded derivatives only) (f) $ - $ - $ 55,143 $ 55,143 Derivative liabilities (c) - 15,165 - 15,165 Total liabilities $ - $ 15,165 $ 55,143 $ 70,308 (a) The fair values of debt securities are determined by management after taking into consideration several sources of data. When available, the Company uses quoted market prices in active markets to determine the fair value of its debt securities. The Company’s valuation policy utilizes a pricing hierarchy that dictates that publicly available prices are initially sought from indices and third party pricing services. In the event that pricing is not available from these sources, those securities are submitted to brokers to obtain quotes. The majority of brokers’ quotes are non-binding. As part of the pricing process, the Company assesses the appropriateness of each quote (i.e., as to whether the quote is based on observable market transactions or not) to determine the most appropriate estimate of fair value. Lastly, securities are priced using internal cash flow modeling techniques. These valuation methodologies commonly use the following inputs: reported trades, bids, offers, issuer spreads, benchmark yields, estimated prepayment speeds, and/or estimated cash flows. Third-party pricing services and brokers will often determine prices using recently reported trades for identical or similar securities. The third-party pricing services and brokers make adjustments for the elapsed time from the trade date to the Balance Sheet date to take into account available market information. Lacking recently reported trades, third-party pricing services and brokers will use modeling techniques to determine a security price where expected future cash flows are developed based on the performance of the underlying collateral and discounted using an estimated market rate. Periodically, the Company performs an analysis of the inputs obtained from third-party pricing services and brokers to ensure that the inputs are reasonable and produce a reasonable estimate of fair value. The Company’s asset specialists and investment valuation specialists consider both qualitative and quantitative factors as part of this analysis. Several examples of analytical procedures performed include, but are not limited to, recent transactional activity for similar debt securities, review of pricing statistics and trends and consideration of recent relevant market events. Other controls and procedures over pricing received from indices, third-party pricing services, or brokers include validation checks, such as exception reports that highlight significant price changes, stale prices or un-priced securities. Following is additional discussion of the valuation methodologies for certain types of debt securities: Corporate debt securities - Valuations of corporate debt securities are monitored and reviewed on a monthly basis. The pricing hierarchy is dependent on the possibility of corroboration of market prices when available. If no market prices are available, valuations are determined by a discounted cash flow methodology using an internally calculated yield. The yield is comprised of a credit spread over a given benchmark, taking into effect liquidity risk for thinly traded securities. Residential mortgage-backed securities (“RMBS”), commercial mortgage-backed securities (“CMBS”) and asset backed securities (“ABS”) - Valuations of RMBS, CMBS and ABS are monitored and reviewed on a monthly basis. Valuations are based on a pricing hierarchy and, depending on the asset type, the pricing hierarchy consists of a waterfall that starts with making use of market prices from indices and follows with making use of third-party pricing services or brokers. The pricing hierarchy is dependent on the possibility of corroborating the market prices. If no market prices are available, the Company uses either internal models or another available pricing source to determine fair value. Significant inputs included in the internal models are generally determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles. Market standard models may be used to model the specific collateral composition and cash flow structure of each transaction. The most significant unobservable input is the illiquidity premium, which is embedded in the discount rate. Government and government agencies - When available, the Company uses quoted market prices in active markets to determine the fair value of its government and government agencies’ investments. When the Company cannot make use of quoted market prices, market prices from indices or quotes from third-party pricing services or brokers are used. Equity securities – Valuations of equity securities are monitored and reviewed on a monthly basis. When available, the Company uses quoted market prices in active markets to determine the fair value of its equity investments. When the Company cannot make use of quoted market prices, quotes from a third-party vendor, broker, or custodian are used. (b) Cash equivalents are primarily valued at amortized cost, which approximates fair value. Operating cash is not included in the above table. (c) Level 2 derivatives include interest rate swaps, inflation swaps, variance swaps, total return swaps, and credit default swaps for which the Company utilized readily accessible quoted index levels and broker quotes . The fair value of interest rate swaps is calculated based on the change in the underlying floating rate curve measured using the (“LIBOR”) at the reporting date, as compared to the fixed leg of the swap. The fair value for inflation swaps is calculated as the difference between the consumer price index (or related readily accessible quoted inflation index level) at the reporting date and the last reset date, multiplied by the notional value of the swap. The fair value for variance swaps is calculated as the difference between the estimated volatility of the underlying Standard & Poor’s 500 Composite Price Index (“S&P”) at maturity and the actual volatility of the underlying S&P at initiation (i.e., strike) multiplied by the notional value of the swap. Total return swaps are valued based on the change in the underlying equity index as of the last reset date. The fair value for equity options is calculated using the Black-Scholes model and market observable inputs for the underlying market price and volatility surface. Credit default swaps are valued using a discounted cash flow model where future premium payments and protection payments are corrected for the probability of default, which is modeled using an arbitrage free credit spread model. (d) The Company reinsures a portion of its variable annuity business that offer GMIB reinsurance. GMIB reinsurance contracts are treated as embedded derivatives since they contain payment provisions for net settlement and are therefore reported separately from the host contract. (e) Amounts are comprised of certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy in accordance with Subtopic 820-10. These investments do not have lockup periods. March 31, 2017 December 31, 2016 Investment: Fair Unfunded Redemption Redemption Fair Unfunded Limited Partnerships Value Commitments Frequency Notice Value Commitments Limited Partnership - Private Equity $ 1,704 $ - None None $ 1,759 $ - Limited Partnership - Hedge Funds 70,905 102 Quarterly 60-65 days 69,151 - $ 72,609 $ 102 $ 70,910 $ - Separate Accounts 5,723,657 - None None 5,659,950 - Investments measured at NAV $ 5,796,266 $ 102 $ 5,730,860 $ - (f) The Company recognizes liabilities for contracts containing guaranteed minimum withdrawal benefits ("GMWB") and stand-alone living benefits ("SALB"), which are reported at fair value. The liabilities for the contracts containing GMWB are treated as embedded derivatives, which are required to be reported separately from the host contract. The fair value of these guarantees is calculated as the present value of future expected payments to policyholders less the present value of assessed fees attributable to the guarantees. Given the complexity and long-term nature of the guarantees, their fair values are determined using stochastic techniques under a variety of market return, discount rate and actuarial assumptions. Since two of the assumptions are unobservable and are considered to be significant inputs to the liability valuation, the liability included in future policy benefits has been reflected within Level 3 of the fair value hierarchy. For the three months ended March 31, 2017 and twelve months ended December 31, 2016, there were no transfers between Level 1 and 2, respectively. The following table provides a summary of the change in fair value of the Company's Level 3 fixed maturity AFS securities at March 31, 2017 and December 31, 2016: Three Months Ended March 31, 2017 Twelve Months Ended December 31, 2016 Balance at beginning of period (a) $ 9,215 $ 6,666 Change in unrealized gains (losses) (b) 116 (243 ) Purchases 3,999 2,792 Sales (42 ) (326 ) Transfers into Level 3 - 2,113 Transfers out of Level 3 - (1,954 ) Net realized investment gains (c) - 167 Balance at end of period (a) $ 13,288 $ 9,215 (a) Recorded as a component of fixed maturity AFS securities on the Balance Sheets. (b) Recorded as a component of other comprehensive income (loss) in net unrealized holding gains (losses) on AFS securities arising during the period. (c) Recorded as a component of net realized investment gains (losses) for fixed maturity in the Statements of Income (Loss). In certain circumstances, the Company will obtain non-binding broker quotes from brokers to assist in the determination of fair value. If those quotes can be corroborated by other market observable data, the investments will be classified as Level 2 investments. If not, the investments are classified as Level 3 due to the unobservable nature of the brokers’ valuation processes. The primary driver for the increase in Level 3 fixed maturity AFS securities at March 31, 2017 is due to an asset-backed non-housing security being purchased as a Level 3 during the first quarter. The Company's Level 3 (assets) consist of GMIB reinsurance and Level 3 liabilities consist of provisions for GMWB and SALB. The fair value of these guarantees is calculated as the present value of future expected payments to policyholders less the present value of assessed fees attributable to the guarantees. Given the complexity and long-term nature of these guarantees, which are unlike instruments available in financial markets, their fair values are determined using stochastic techniques under a variety of market return scenarios. A variety of factors are considered, including expected market rates of return, equity and interest rate volatility, credit spread, correlations of market returns, discount rates and actuarial assumptions. For GMWB and SALB, an increase (decrease) in credit spread in isolation would result in a lower (higher) fair value liability measurement and an increase (decrease) in volatility in isolation would result in a higher (lower) fair value liability measurement. Changes in the Company’s credit spread and volatility assumptions have an inverse effect on the GMIB reinsurance assets. The expected market rates of return are based on risk-free rates, such as the current LIBOR forward curve. The credit spread, which is a significant unobservable input, is set by using the credit default swap (“CDS”) spreads of a reference portfolio of life insurance companies, adjusted to reflect the subordination of senior debt holders at the holding company level to the position of policyholders at the operating company level (who have priority in payments to other creditors). The credit spread was 45 basis points (“bps”) and 50 bps at March 31, 2017 and December 31, 2016, respectively. For equity volatility, the Company uses a term structure assumption with market-based implied volatility inputs for the first five years and a long-term forward rate assumption of 25%-30% thereafter. The volume of observable option trading from which volatilities are derived generally declines as the contracts’ term increases; therefore, the volatility curve grades from implied volatilities for five years to the ultimate rate. The resulting volatility assumption in year 20 for the S&P (expressed as a spot rate) was 23.4% and 24.0% at March 31, 2017 and December 31, 2016, respectively. Correlations of market returns across underlying indices are based on historical market returns and their inter-relationships over a number of years preceding the valuation date. Assumptions regarding policyholder behavior, such as lapses, included in the models are derived in the same way as the assumptions used to measure insurance liabilities. These assumptions are reviewed at each valuation date and updated based on historical experience and observable market data as required. The following table provides a summary of the changes in fair value of the Company’s Level 3 liabilities (assets) at March 31, 2017 and December 31, 2016: Three Months Ended Twelve Months Ended March 31, 2017 December 31, 2016 GMIB GMIB GMWB Reinsurance SALB GMWB Reinsurance SALB Balance at beginning of period (a) $ 54,414 $ (48,166 ) $ 729 $ 60,618 $ (61,426 ) $ 511 Changes in interest rates (b) 1,532 (802 ) - (4,179 ) 2,262 - Changes in equity markets (b) (7,963 ) 9,199 - (5,988 ) 12,560 218 Other (b) (317 ) 525 - 3,963 (1,562 ) - Balance at end of period (a) $ 47,666 $ (39,244 ) $ 729 $ 54,414 $ (48,166 ) $ 729 (a) GMWB and SALB are recorded as a component of future policy benefits on the Balance Sheets and GMIB reinsurance is recorded as recoverable of ceded GMIB embedded derivatives, at fair value on the Balance Sheets. (b) Recorded as a component of policy benefits in the Statements of Income (Loss). For the three months ended March 31, 2017, the change in the fair value of the GMWB and GMIB reinsurance guarantees was primarily driven by changes in interest rates and equity market performance. The fair value of the GMWB decreased due to favorable equity market returns and was partially offset by the decrease in 10 year Treasury interest rates and own credit spread. The increase to the GMIB reinsurance guarantees was driven primarily by the favorable equity market returns. The following tables provides a summary of the quantitative inputs and assumptions of the Company's Level 3 assets and liabilities at March 31, 2017 and December 31, 2016: March 31, 2017 Estimated Range Description Fair Value Valuation Unobservable (Weighted Assets Fixed maturity securities Asset-backed securities $ 13,288 Broker See comment below (a) See comment below (a) Total fixed maturity securities $ 13,288 Future policy benefits (embedded derivatives) - GMIB Reinsurance 39,244 Discounted cash flows Own credit risk 45 Long-term volatility 25% - 30% Total assets $ 52,532 Liabilities Future policy benefits (embedded derivatives) - GMWB $ 47,666 Discounted cash flows Own credit risk 45 Long-term volatility 25% - 30% Future policy benefits - SALB 729 See comment below (b) See comment below (b) See comment below (b) Total liabilities $ 48,395 December 31, 2016 Estimated Range Description Fair Value Valuation Techniques Unobservable Inputs (Weighted Average) Assets Fixed maturity securities Asset-backed securities $ 9,215 Broker See comment below (a) See comment below (a) Future policy benefits (embedded derivatives) - GMIB Reinsurance 48,166 Discounted cash flows Own credit risk 50 Long-term volatility 25% - 30% Total assets $ 57,381 Liabilities Future policy benefits (embedded derivatives) - GMWB $ 54,414 Discounted cash flows Own credit risk 50 Long-term volatility 25% - 30% Future policy benefits - SALB 729 See comment below (b) See comment below (b) See comment below (b) Total liabilities $ 55,143 (a) The Company has obtained non-binding broker quotes, which cannot be corroborated by market observable data, to assist in determining the fair values of the Level 3 asset-backed securities. The Company does not receive the unobservable inputs used by the broker but performs annual reviews to approve the use of brokers and obtains an asset specialist’s review of the broker’s price. (b) The SALB is a product with fewer than 150 policies. Due to the small size of this block, the liability was established based on the fees. The following tables provides the estimated fair value of the Company's assets not carried at fair value on the Balance Sheets at March 31, 2017 and December 31, 2016: March 31, 2017 Level 1 Level 2 Level 3 Total Assets Mortgage loans on real estate (a) $ - $ - $ 124,725 $ 124,725 Policy loans (b) - 627,399 - 627,399 Total assets $ - $ 627,399 $ 124,725 $ 752,124 December 31, 2016 Level 1 Level 2 Level 3 Total Assets Mortgage loans on real estate (a) $ - $ - $ 115,020 $ 115,020 Policy loans (b) - 632,834 - 632,834 Total assets $ - $ 632,834 $ 115,020 $ 747,854 (a) The fair value of mortgage loans on real estate is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and/or similar remaining maturities. (b) Policy loans are stated at unpaid principal balance. The book value of policy loans approximates their fair value.

Investments

Investments	3 Months Ended
	Mar. 31, 2017
Investments Schedule [Abstract]
Investments	Note 3. Investments Fixed Maturity and Equity Securities The amortized cost/cost, gross unrealized gains and losses, estimated fair values and other-than-temporary impairments (“OTTI”) reflected in accumulated other comprehensive income (“AOCI”) of investments in fixed maturity and equity AFS securities at March 31, 2017 and December 31, 2016 were: March 31, 2017 Gross Unrealized Estimated Amortized Fair OTTI Cost/Cost Gains Losses Value in AOCI (a) Fixed maturity AFS securities Corporate securities $ 838,340 $ 57,180 $ (2,725 ) $ 892,795 $ - Asset-backed securities 49,697 185 (496 ) 49,386 - Commercial mortgage-backed securities 73,398 1,642 (468 ) 74,572 - Residential mortgage-backed securities 64,241 4,361 (158 ) 68,444 - Municipals 908 - (37 ) 871 - Government and government agencies United States 303,618 48,063 (1 ) 351,680 - Foreign 24,195 1,532 (31 ) 25,696 - Total fixed maturity AFS securities $ 1,354,397 $ 112,963 $ (3,916 ) $ 1,463,444 $ - Equity AFS securities Banking securities $ 25,473 $ 2,053 $ (121 ) $ 27,405 $ - Industrial securities 5,791 9 - 5,800 - Total equity AFS securities $ 31,264 $ 2,062 $ (121 ) $ 33,205 $ - December 31, 2016 Gross Unrealized Estimated Amortized Fair OTTI Cost/Cost Gains Losses Value in AOCI (a) Fixed maturity AFS securities Corporate securities $ 859,028 $ 56,387 $ (3,564 ) $ 911,851 $ - Asset-backed securities 53,421 15 (849 ) 52,587 - Commercial mortgage-backed securities 75,396 1,706 (589 ) 76,513 - Residential mortgage-backed securities 92,943 4,004 (770 ) 96,177 (5 ) Municipals 909 - (53 ) 856 - Government and government agencies United States 295,581 45,798 - 341,379 - Foreign 6,509 1,165 - 7,674 - Total fixed maturity AFS securities $ 1,383,787 $ 109,075 $ (5,825 ) $ 1,487,037 $ (5 ) Equity AFS securities Banking securities $ 25,473 $ 1,721 $ (468 ) $ 26,726 $ - Industrial securities 5,791 34 - 5,825 - Total equity AFS securities $ 31,264 $ 1,755 $ (468 ) $ 32,551 $ - (a) Represents OTTI in AOCI, which were not included in earnings. Amount excludes $2,364 and $2,446 of unrealized gains at March 31, 2017 and December 31, 2016, respectively. Excluding investments in U.S. government and government agencies, the Company is not exposed to any significant concentration of credit risk in its fixed maturity securities portfolio. The amortized cost and estimated fair value of fixed maturity AFS securities by investment grade at March 31, 2017 and December 31, 2016 were: March 31, 2017 December 31, 2016 Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value Investment grade $ 1,272,922 $ 1,375,025 $ 1,294,978 $ 1,393,503 Below investment grade 81,475 88,419 88,809 93,534 Total fixed maturity AFS securities $ 1,354,397 $ 1,463,444 $ 1,383,787 $ 1,487,037 At March 31, 2017 and December 31, 2016, the estimated fair value of fixed maturity securities rated BBB-, which is the lowest investment grade rating given by rating agencies, was $68,561 and $65,730, respectively. Below investment grade securities are speculative and are subject to significantly greater risks related to the creditworthiness of the issuers and the liquidity of the market for such securities. The Company closely monitors such investments to assess whether they are other-than-temporarily impaired. The amortized cost and estimated fair value of fixed maturity AFS securities at March 31, 2017 and December 31, 2016 by contractual maturities were: March 31, 2017 December 31, 2016 Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value Fixed maturity AFS securities Due in one year or less $ 67,489 $ 68,442 $ 56,748 $ 57,489 Due after one year through five years 491,767 522,564 523,815 555,221 Due after five years through ten years 105,991 110,682 95,744 99,697 Due after ten years 501,814 569,354 485,720 549,354 $ 1,167,061 $ 1,271,042 $ 1,162,027 $ 1,261,761 Mortgage-backed securities and other asset-backed securities $ 187,336 $ 192,402 $ 221,760 $ 225,276 Total fixed maturity AFS securities $ 1,354,397 $ 1,463,444 $ 1,383,787 $ 1,487,037 In the preceding table, fixed maturity securities not due at a single maturity date have been included in the year of final maturity. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Unrealized Losses on Fixed Maturity and Equity Securities The Company’s investments in fixed maturity and equity securities classified as AFS are carried at estimated fair value with unrealized gains and losses included in stockholder’s equity as a component of AOCI, net of taxes. The estimated fair value and gross unrealized losses and OTTI related to fixed maturity and equity AFS securities aggregated by length of time that individual securities have been in a continuous unrealized loss position at March 31, 2017 and December 31, 2016 were as follows: March 31, 2017 Gross Estimated Unrealized Fair Amortized Losses and Value Cost/Cost OTTI (a) Less than or equal to six months Fixed maturity AFS securities Corporate securities $ 50,468 $ 52,009 $ (1,541 ) Asset-backed securities 19,318 19,615 (297 ) Commercial mortgage-backed securities 27,320 27,788 (468 ) Residential mortgage-backed securities 19,905 20,009 (104 ) Government and government agencies United States 10,610 10,611 (1 ) Foreign 3,780 3,811 (31 ) Total fixed maturity and equity AFS securities $ 131,401 $ 133,843 $ (2,442 ) Greater than six months but less than or equal to one year Fixed maturity AFS securities Asset-backed securities $ 2,879 $ 3,000 $ (121 ) Commercial mortgage-backed securities 751 751 (0 ) Total fixed maturity and equity AFS securities $ 3,630 $ 3,751 $ (121 ) Greater than one year Fixed maturity AFS securities Corporate securities $ 17,183 $ 18,367 $ (1,184 ) Asset-backed securities 8,076 8,154 (78 ) Residential mortgage-backed securities 2,221 2,275 (54 ) Municipals 871 908 (37 ) Equity AFS securities-banking securities 1,675 1,796 (121 ) Total fixed maturity and equity AFS securities $ 30,026 $ 31,500 $ (1,474 ) Total fixed maturity and equity AFS securities $ 165,057 $ 169,094 $ (4,037 ) December 31, 2016 Gross Estimated Unrealized Fair Amortized Losses and Value Cost/Cost OTTI (a) Less than or equal to six months Fixed maturity AFS securities Corporate securities $ 64,992 $ 66,625 $ (1,633 ) Asset-backed securities 30,729 31,253 (524 ) Commercial mortgage-backed securities 30,698 31,285 (587 ) Residential mortgage-backed securities 54,987 55,690 (703 ) Equity securities - banking securities 8,213 8,500 (287 ) Total fixed maturity and equity AFS securities $ 189,619 $ 193,353 $ (3,734 ) Greater than six months but less than or equal to one year Fixed maturity AFS securities Corporate securities $ 4,522 $ 4,863 $ (341 ) Asset-backed securities 879 1,000 (121 ) Commercial mortgage-backed securities 1,010 1,012 (2 ) Residential mortgage-backed securities 212 229 (17 ) Total fixed maturity and equity AFS securities $ 6,623 $ 7,104 $ (481 ) Greater than one year Fixed maturity AFS securities Corporate securities $ 19,541 $ 21,131 $ (1,590 ) Asset-backed securities 7,978 8,182 (204 ) Residential mortgage-backed securities 2,122 2,172 (50 ) Municipals 856 909 (53 ) Equity AFS securities-banking securities 1,615 1,796 (181 ) Total fixed maturity and equity AFS securities $ 32,112 $ 34,190 $ (2,078 ) Total fixed maturity and equity AFS securities $ 228,354 $ 234,647 $ (6,293 ) (a) Subsequent unrealized gains (losses) on OTTI securities are included in Net unrealized OTTI on securities in the Statements of Comprehensive Income (Loss). The total number of securities in an unrealized loss position was 63 and 81 at March 31, 2017 and December 31, 2016, respectively. The Company held 357 and 360 total securities at March 31, 2017 and December 31, 2016, respectively. The fair value, gross unrealized losses, the portion of OTTI recognized in other comprehensive income (“OCI”) and the number of securities with fair value declining below amortized cost by greater than 20% and 40% (continuous unrealized loss position) were as follows at March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 Estimated Gross Estimated Gross Fair Unrealized Number of Fair Unrealized Number of Value Losses/OTTI (a) Securities Value Losses/OTTI (a) Securities Decline 20% - 40% Greater than one year $ 1,423 $ (566 ) 1 $ 1,375 $ (614 ) 1 Total $ 1,423 $ (566 ) 1 $ 1,375 $ (614 ) 1 Unrealized gains (losses) incurred during the first three months of 2017 and twelve months of 2016 were primarily due to price fluctuations resulting from changes in interest rates and credit spreads. If the Company has the intent to sell or it is more likely than not that the Company will be required to sell these securities prior to the anticipated recovery of the amortized cost, securities are written down to fair value. If cash flow models indicate a credit event will impact future cash flows, the security is impaired to discounted cash flows. For fixed maturity AFS securities, the Company does not intend to sell them, nor is it more likely than not that the Company will be required to sell them before the recovery of its amortized cost basis, and the Company expects to recover the entire cost basis of the debt securities. In making the other-than-temporary impairment assessment, the Company also considered all available information relevant to the collectability of the security, including information about past events, current conditions, and reasonable and supportable forecasts, when developing the estimate of cash flows expected to be collected. Therefore, the Company determined that these fixed maturity AFS securities were not other-than-temporarily impaired. The components of net unrealized gains (losses) and OTTI included in AOCI, net of taxes, at March 31, 2017 and December 31, 2016 were as follows: March 31, December 31, 2017 2016 Assets Fixed maturity AFS securities $ 109,047 $ 103,250 Equity AFS securities 1,941 1,287 Cash flow hedges (816 ) (1,224 ) Value of business acquired (27,501 ) (26,630 ) $ 82,671 $ 76,683 Liabilities Income taxes - deferred $ (21,333 ) $ (21,333 ) Stockholder's Equity Accumulated other comprehensive income, net of taxes $ 61,338 $ 55,350 Mortgage Loans on Real Estate Mortgage loans on real estate consist entirely of mortgages on commercial real estate. Prepayment premiums are collected when borrowers elect to prepay their debt prior to the stated maturity. There were $62 in prepayment premiums collected during the three months ended March 31, 2017. The fair values of mortgage loans on real estate are estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and/or similar remaining maturities. The estimated fair value of the mortgages on commercial real estate at March 31, 2017 and December 31, 2016 was $124,725 and $115,020, respectively. Loans are considered impaired when it is probable that, based upon current information and events, the Company will be unable to collect all amounts due under the contractual terms of the loan agreement. A valuation allowance is established when a loan is determined to be impaired for the excess carrying value of the loan over its estimated collateral value. There were no impaired mortgage loans at March 31, 2017 and December 31, 2016. For the portion of the mortgage loan portfolio without specific reserves, an allowance for credit losses is established. The change in the allowance for credit losses is reflected in net realized investment gains (losses), excluding OTTI losses on securities, in the Statements of Income (Loss). The commercial mortgages are geographically diversified throughout the United States with the largest concentrations in Pennsylvania, Florida, California, Missouri, Washington, Texas, Georgia, Virginia, Wisconsin, Utah, Minnesota, New Hampshire, Oregon and Tennessee which account for approximately 90% of mortgage loans at March 31, 2017. The credit quality of commercial mortgage loans at March 31, 2017 and December 31, 2016, was as follows: March 31, December 31, Commercial 2017 2016 AAA - AA $ 35,970 $ 43,047 A 71,482 55,269 BBB 14,934 17,970 Total mortgage loans on real estate $ 122,386 $ 116,286 Less: allowance for credit losses (81 ) (78 ) Total mortgage loans on real estate, net $ 122,305 $ 116,208 The credit quality of the commercial mortgage loans was determined based on an internal credit rating model that assigns a letter rating to each mortgage loan in the portfolio as an indicator of the quality of the mortgage loan. The internal credit rating model was designed based on a rating agency methodology, then modified for credit risk associated with the Company’s mortgage lending process, taking into account such factors as projected future cash flows, net operating income, and collateral value. The model produces a rating score and an associated letter rating that is intended to align with S&P GRS ratings as closely as possible. Information supporting the risk rating process is updated at least annually. While mortgage loans with a lower rating carry a higher risk of loss, an adequate allowance for credit losses has been established to cover those risks. Securities Lending The following table provides a summary of the securities lending program at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Payables for collateral under securities loaned $ 46,597 $ 199,412 Amortized cost of securities out on loan 41,375 166,942 Estimated fair value of securities out on loan 45,300 194,996 Reverse Repurchase Agreements The following table provides a summary of the dollar roll reverse repurchase agreements at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Payables for reverse repurchase agreements $ 19,791 $ 46,637 Amortized cost of securities pledged 20,009 47,021 Estimated fair value of securities pledged 19,905 46,401 Collateral Maturities of Reverse Repurchase Agreements and Securities Lending Transactions The following tables provide a summary of maturities of collateral underlying reverse repurchase agreements and securities lending transactions at March 31, 2017 and December 31, 2016: March 31, 2017 Overnight and Continuous Up to 30 days Total Reverse repurchase agreements Residential mortgage-backed securities $ - $ 19,905 $ 19,905 Total $ - $ 19,905 $ 19,905 Securities lending transactions U.S. Treasury and agency securities $ 16,413 $ - $ 16,413 Corporate securities 28,853 - 28,853 Equity securities-banking 34 - 34 Total $ 45,300 $ - $ 45,300 Total Borrowings $ 45,300 $ 19,905 $ 65,205 Gross amount of recognized liabilities for reverse repurchase agreements and securities lending included on the Balance Sheets $ 66,388 December 31, 2016 Overnight and Continuous Up to 30 days Total Reverse repurchase agreements Residential mortgage-backed securities - $ 46,401 $ 46,401 Total $ - $ 46,401 $ 46,401 Securities lending transactions U.S. Treasury and agency securities $ 144,705 $ - $ 144,705 Corporate securities 40,774 - 40,774 Equity securities-banking 9,517 - 9,517 Total $ 194,996 $ - $ 194,996 Total Borrowings $ 194,996 $ 46,401 $ 241,397 Gross amount of recognized liabilities for reverse repurchase agreements and securities lending included on the Balance Sheets $ 246,049 Derivatives and Hedge Accounting The following table presents the notional and fair value amounts of non-qualifying hedging instruments and cash flow hedges at March 31, 2017 and December 31, 2016: Notional Fair Value March 31, December 31, March 31, December 31, Derivative Type 2017 2016 2017 2016 Non-qualifying hedges Short futures $ 5,423 $ 25,157 $ - $ - Long futures 52,168 55,071 - - Interest rate swaps 251,000 251,000 (3,429 ) (2,799 ) Variance swaps 540 540 (3,464 ) (1,835 ) Total return swaps 800,910 1,405,253 (8,154 ) (16,487 ) Options 2,002,850 2,002,850 7,616 24,525 Credit default swaps 230,000 210,000 5,783 1,311 Total non-qualifying hedges $ 3,342,891 $ 3,949,871 $ (1,648 ) $ 4,715 Cash flow hedges Interest rate swaps $ 49,883 $ 49,883 $ (2,840 ) $ (3,002 ) Total cash flow hedges $ 49,883 $ 49,883 $ (2,840 ) $ (3,002 ) Derivative Total $ 3,392,774 $ 3,999,755 $ (4,488 ) $ 1,713 The following table presents the net derivative gains (losses) recognized in the Statements of Income (Loss) for the three months ended March 31, 2017 and 2016: Net Derivative Gains (Losses) Recognized In Income Three Months Ended March 31, Derivative Type 2017 2016 Short futures $ (724 ) $ (1,304 ) Long futures 255 3,853 Variance swaps (1,629 ) (637 ) Total return swaps (4,902 ) (6,043 ) Options (16,909 ) (1,451 ) Interest rate swaps (629 ) 8,692 Credit default swaps 310 261 Total $ (24,228 ) $ 3,371 The following tables present the maximum potential amount of future payments, credit rating, and maturity dates for the credit default swaps at March 31, 2017 and December 31, 2016: Maximum Potential Amount of Future Payments Credit Rating Maturity Date Range Derivative Type March 31, 2017 Credit default swaps Corporate debt $ 120,000 AA-A June 2017-December 2021 Sovereign debt 110,000 AA-A June 2017-December 2021 Credit default swaps total $ 230,000 Maximum Potential Amount of Future Payments Credit Rating Maturity Date Range Derivative Type December 31, 2016 Credit default swaps Corporate debt $ 120,000 A June 2017-December 2020 Sovereign debt 90,000 AA-A June 2017-December 2021 Credit default swaps total $ 210,000 The following tables present the components of the gains (losses) on derivatives that qualify as cash flow hedges for the three months ended March 31, 2017 and 2016: Gains (Losses) Recognized in OCI on Derivatives (Effective Three Months Ended March 31, 2017 2016 Interest rate swaps $ 408 $ (1,347 ) Total $ 408 $ (1,347 ) Net Realized Gains (Losses) Recognized in Income on Derivatives (Ineffective Portion) Three Months Ended March 31, 2017 2016 Interest rate swaps $ 1 $ 1 Total $ 1 $ 1 Gains (Losses) Reclassified from AOCI into Net Investment Income (Effective Portion) Three Months Ended March 31, 2017 2016 Interest rate swaps $ (247 ) $ 197 Total $ (247 ) $ 197 All components of each derivative’s gain or loss were included in the assessment of hedge effectiveness. At March 31, 2017, the before-tax deferred net gains (losses) on derivatives recorded in AOCI that are expected to be reclassified to the Statements of Income (Loss) during the next twelve months are ($988). This expectation is based on the anticipated interest payments on the hedged investments in Treasury Inflation Protection Securities (“TIPS”) that will occur over the next twelve months, at which time the Company will recognize the deferred gains (losses) as an adjustment to interest income over the term of the investment cash flows. In addition, in order to trade futures, the Company is required to post collateral to an exchange (sometimes referred to as margin). The fair value of collateral posted in relation to the futures margin was $5,356 and $5,276 at March 31, 2017 and December 31, 2016, respectively. Offsetting of Derivative Instruments The Company has derivative instruments that are subject to master netting agreements. These agreements include provisions to setoff positions with the same counterparties in the event of default by one of the parties. The following table presents the offsetting of derivative assets and liabilities at March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 Derivatives Subject to a Master Netting Arrangement or a Similar Right to Offset Assets Liabilities Assets Liabilities Gross estimated fair value of derivatives: OTC - Bilateral $ 19,735 $ 20,794 $ 37,344 $ 32,832 OTC - Cleared 1,808 5,237 1,678 4,477 Total gross estimated fair value of derivatives $ 21,543 $ 26,031 $ 39,022 $ 37,309 Amounts offset on the Balance Sheets Gross estimated fair value of derivatives: (1) OTC - Bilateral $ (13,743 ) $ (13,743 ) $ (18,014 ) $ (18,014 ) OTC - Cleared (1,808 ) (1,808 ) (1,678 ) (1,678 ) Cash collateral: (2), (3) OTC - Bilateral (3,383 ) - (2,804 ) - OTC - Cleared - (3,429 ) - (2,452 ) Estimated fair value of derivatives presented on the Balance Sheets $ 2,609 $ 7,051 $ 16,526 $ 15,165 Gross amounts not offset on the Balance Sheets: Securities collateral: (4) OTC - Bilateral $ (2,557 ) $ (5,092 ) $ (15,222 ) $ (14,249 ) Net amount after application of master netting agreements and collateral $ 52 $ 1,959 $ 1,304 $ 916 (1) Estimated fair value of derivatives is limited to the amount that is subject to set-off. (2) The amount of cash collateral offset in the table above is limited to the net estimated fair value of derivatives after application of netting agreements. Cash collateral received for over-the-counter ("OTC") OTC-Bilateral and OTC-Cleared derivatives is included in cash and cash equivalents, short-term investments, or fixed maturity securities, and the obligation to return it, beyond what is already being setoff, is included in payables for collateral under securities loaned, reverse repurchase agreements and derivatives. At March 31, 2017, the Company received $537 of excess cash collateral. The Company had no excess cash collateral received from counterparties at December 31, 2016 (3) The receivable for the return of cash collateral provided to the counterparty, beyond what is being setoff, is included in other assets. The amount reported in the table above does not include initial margin on Exchange-Traded and OTC-Cleared derivatives. At March 31, 2017, the Company provided excess cash collateral of $178, which is not included in the table above due to the foregoing limitation. At December 31, 2016, the Company had no excess cash collateral provided to counterparties. (4) Securities collateral received or pledged by the Company is held in separate custodial accounts and is not recorded on the Balance Sheets. The amount of securities collateral offset in the table above is limited to the net estimated fair value of derivatives after application of netting agreements and cash collateral. At March 31, 2017 and December 31, 2016, the Company received excess securities collateral with an estimated fair value of $2,320 and $395, respectively, for its OTC-Bilateral derivatives, which are not included in the table above due to the foregoing limitation. At March 31, 2017 and December 31, 2016, the Company provided excess securities collateral with an estimated fair value of $1,730 and $1,878, respectively, for its OTC-Bilateral derivatives, which are not included in the table above due to the foregoing limitation. At March 31, 2017 and December 31, 2016, the Company also provided securities initial margin with an estimated fair value of $11,324 and $11,291, respectively, for its OTC-Cleared derivatives, which are not included in the table above. There were no other derivative assets or liabilities at March 31, 2017 and December 31, 2016 that were subject to offsetting. Net Investment Income (Loss) Net investment income (loss) by source for the three months ended March 31, 2017 and 2016 was as follows: Three Months Ended March 31, Net investment income (loss) 2017 2016 Fixed maturity AFS securities $ 15,464 $ 17,366 Equity AFS securities 418 465 Limited partnerships 1,664 (2,540 ) Mortgage loans on real estate 1,463 1,203 Policy loans on insurance contracts 8,220 8,608 Derivatives 1,590 1,912 Cash and cash equivalents 274 451 Other 73 107 Gross investment income $ 29,166 $ 27,572 Less investment expenses (1,222 ) (1,120 ) Net investment income (loss) $ 27,944 $ 26,452 Realized Investment Gains (Losses) The Company considers fair value at the date of sale to be equal to the proceeds received. Proceeds and gross realized investment gains (losses) from the sale of AFS securities for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 2016 Proceeds $ 53,703 $ 101,543 Gross realized investment gains 593 3,879 Gross realized investment losses (516 ) (276 ) Proceeds on AFS securities sold at a realized loss 53,703 7,915 Net realized investment gains (losses) for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 2016 Fixed maturity AFS securities $ 77 $ (273 ) Equity AFS securities - 207 Mortgage loans on real estate 58 (9 ) Adjustment related to value of business acquired (104 ) (59 ) Net realized investment gains (losses) $ 31 $ (134 ) . OTTI The following table sets forth the amount of credit loss impairments on fixed maturity securities held by the Company at the dates indicated, for which the non-credit portion of the OTTI loss was recognized in OCI, and the corresponding changes in such amounts at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Balance at beginning of period $ (2,040 ) $ (935 ) Additional credit loss impairments recognized in the current period on securities previously impaired through OCI - 121 Accretion of credit loss impairments previously recognized (366 ) (1,226 ) Balance at end of period $ (2,406 ) $ (2,040 ) The components of OTTI reflected in the Statements of Income (Loss) for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 Net Net OTTI OTTI OTTI Losses Losses Losses on Recognized Recognized Securities in OCI in Income Gross OTTI losses $ - $ - $ - Net OTTI losses $ - $ - $ - Three Months Ended March 31, 2016 Net Net OTTI OTTI OTTI Losses Losses on Recognized Recognized Securities in OCI in Income Gross OTTI losses $ 3,669 $ - $ 3,669 Net OTTI losses $ 3,669 $ - $ 3,669

Value of Business Acquired ("VO

Value of Business Acquired ("VOBA") and Deferred Acquisition Costs ("DAC")	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Value of Business Acquired ("VOBA") and Deferred Acquisition Costs ("DAC")	Note 4. Value of Business Acquired (“VOBA”) and Deferred Acquisition Costs (“DAC”) VOBA The change in the carrying amount of VOBA for the three months ended March 31, 2017 and 2016 was as follows: Three Months Ended March 31, 2017 2016 Amortization expense $ (2,227 ) $ (5,371 ) Unlocking (137 ) (9 ) Adjustment related to realized (gains) losses on investments (104 ) (59 ) Adjustment related to unrealized (gains) losses and OTTI on investments (871 ) (5,098 ) Change in VOBA carrying amount $ (3,339 ) $ (10,537 ) DAC The change in the carrying amount of DAC for the three months ended March 31, 2017 and 2016 was as follows: Three Months Ended March 31, 2017 2016 Capitalization $ 10 $ 3 Accretion (amortization) expense (967 ) (932 ) Unlocking (166 ) (10 ) Change in DAC carrying amount $ (1,123 ) $ (939 ) For a complete discussion of the Company’s accounting policies, refer to the 2016 Annual Report on Form 10-K.

Variable Contracts Containing G

Variable Contracts Containing Guaranteed Benefits	3 Months Ended
	Mar. 31, 2017
Insurance [Abstract]
Variable Contracts Containing Guaranteed Benefits	Note 5. Variable Contracts Containing Guaranteed Benefits The Company has issued variable annuity contracts in which the Company may have contractually guaranteed to the contract owner a guaranteed minimum death benefit (“GMDB”) and/or an optional guaranteed living benefit provision. The living benefit provisions offered by the Company included a GMIB and a GMWB. Information regarding the general characteristics of each guaranteed benefit type is provided below: • In general, contracts containing GMDB provisions provide a death benefit equal to the greater of the GMDB or the contract value. Depending on the type of contract, the GMDB may equal: (1) contract deposits accumulated at a specified interest rate, (2) the contract value on specified contract anniversaries, (3) return of contract deposits, or (4) some combination of these benefits. Each benefit type is reduced for contract withdrawals. • In general, contracts containing GMIB provisions provide the option to receive a guaranteed future income stream upon annuitization. There is a waiting period of ten years from contract issue that must elapse before the GMIB provision can be exercised. • Contracts containing GMWB provisions provide the contract owner the ability to withdraw minimum annual payments regardless of the impact of market performance on the contract owner’s account value. In general, withdrawal percentages are based on the contract owner’s age at the time of the first withdrawal. The Company records liabilities for contracts containing a GMDB, GMIB and GMWB as a component of future policy benefits on the Balance Sheets and changes in the liabilities are included as a component of policy benefits in the Statements of Income (Loss). The changes in the variable annuity GMDB, GMIB and GMWB liabilities for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, GMDB 2017 2016 Guaranteed benefits incurred $ 5,969 $ 6,380 Guaranteed benefits paid (4,634 ) (6,114 ) Unlocking (13,657 ) 7,471 Total $ (12,322 ) $ 7,737 Three Months Ended March 31, GMIB 2017 2016 Guaranteed benefits incurred $ 3,061 $ 3,236 Guaranteed benefits paid (1,294 ) (98 ) Unlocking (13,105 ) 7,091 Total $ (11,338 ) $ 10,229 Three Months Ended March 31, GMWB 2017 2016 Guaranteed benefits incurred $ - $ - Guaranteed benefits paid - - Change in fair value reserves (6,748 ) 13,446 Total $ (6,748 ) $ 13,446

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 6. Income Taxes The effective tax rate was not meaningful for the three months ended March 31, 2017 or 2016. Differences between the effective rate and the U.S. statutory rate of 35% principally were the result of dividend received deductions (“DRD”) on the Separate Accounts, the valuation allowance on net operating loss (“NOL”) carryforwards and unrecognized tax benefits. The Company provides for deferred income taxes resulting from temporary differences that arise from recording certain transactions in different years for income tax reporting purposes than for financial reporting purposes. The asset and liability method requires that deferred taxes be adjusted to reflect the tax rates at which future taxable amounts will be settled or realized. The Company provides for federal income taxes based on amounts it believes it will ultimately owe. Inherent in the provision for federal income taxes are estimates regarding the realization of certain tax deductions and credits. The income tax expense (benefit) for the three months ended March 31, 2017 and 2016 was $575 and $0. The income tax asset (liability) consists of the following at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Current federal income tax asset (liability) $ - $ - Current state income tax asset (liability) 1 1 Deferred federal income tax asset (liability) - - Deferred state income tax asset (liability) - 575 Net income tax asset (liability) $ 1 $ 576 At March 31, 2017 and December 31, 2016, the Company had a tax valuation allowance for deferred tax assets of $145,235 and $154,440, respectively (this includes losses that are anticipated to be used in the consolidated group to reflect the income statement impact of the losses that wouldn't be used if filing separately). In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that all or some of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets depends on generation of future taxable income during the periods in which those temporary differences are deductible. Management considers the scheduled reversal of deferred tax liabilities, projected taxable income, and tax-planning strategies in making the assessment. The Company has analyzed all material tax positions under the guidance of ASC 740, Income Taxes, related to the accounting for uncertainty in income tax, and determined there were tax benefits of $4,391 (gross $12,547), that should not be recognized at March 31, 2017 and December 31, 2016, which primarily relate to uncertainty regarding the sustainability of certain deductions taken on the 2008-2015 U.S. Federal income tax returns. To the extent these unrecognized tax benefits are ultimately recognized, they will impact the effective tax rate in a future period. It is not anticipated that the total amounts of unrecognized tax benefits will significantly increase within twelve months of the reporting date. The components of the change in the unrecognized tax benefits were as follows at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Balance at beginning of period $ 4,391 $ 3,404 Additions for tax positions of prior years - 987 Balance at end of period $ 4,391 $ 4,391 At March 31, 2017 and December 31, 2016, the Company had a NOL carry forward for federal income tax purposes of $583,013 (net of the ASC 740 reduction of $12,547) and $627,860 (net of the ASC 740 reduction of $12,547), respectively, with a carry forward period of fifteen years that expires at various dates between 2023 and 2031. At both March 31, 2017 and December 31, 2016, the Company had a capital loss carry forward of $84 for federal income tax purposes with a carry forward period of five years that will expire in 2018. At March 31, 2017 and December 31, 2016, the Company had a foreign tax credit carry forward of $9,943 and $9,776, respectively, with a carry forward period of ten years that will expire at various dates up to 2027. Also, the Company has an Alternative Minimum Tax credit carry forward for federal income tax purposes of $4,216 at both March 31, 2017 and December 31, 2016, with an indefinite carry forward period. The Company classifies interest and penalties related to income taxes as interest expense and penalty expense, respectively. The Company did not recognize any penalties in its financial statements for the three months ended March 31, 2017 and 2016. The Company recognized interest expense (income) of $37 and $45 for the three months ended March 31, 2017 and 2016, respectively. The total interest payable balance at March 31, 2017 and December 31, 2016 was $199 and $161, respectively. The Company records taxes on a separate company basis. For federal income tax purposes, the Company joins in a consolidated income tax return filing with its direct parent, TA Corp, and other affiliated companies. The method of allocation between the companies is subject to a written tax allocation agreement. Under the terms of the agreement, taxes are payable to or receivable from TA Corp in amounts that would result had the Company filed a separate tax return with taxing authorities. Any tax differences between the Company’s separately calculated provision and cash flows attributable to benefits from consolidation have been recognized as capital contributions from TA Corp. For the three months ended March 31, 2017 and year ended December 31, 2016, the Company recognized capital contributions from (distributions to) TA Corp in connection with the tax allocation agreement in the amount of ($13,400) and ($13,381), respectively. Intercompany income tax balances are settled within thirty days of payment to or filing with the Internal Revenue Service. The Company filed a separate federal income tax return for the years 2008 through 2012. The Company was part of the consolidated tax return for 2013 through 2015. An examination by the Internal Revenue Service is in progress for the years 2011 through 2013. The Company believes that there are adequate defenses against or sufficient provisions established related to any open or contested tax positions.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income	Note 7. Accumulated Other Comprehensive Income The changes in AOCI by component for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 Unrealized Holding Unrealized Holding OCI Adjustments for Total Accumulated Gains (Losses) on Gains (Losses) on Policyholder liabilities, Other Comprehensive AFS Securities Cash Flow Hedges VOBA, and Deferred Tax Income (Loss) Beginning balance $ 104,538 $ (1,225 ) $ (47,963 ) $ 55,350 OCI before reclassifications 5,919 161 (871 ) 5,209 Amounts reclassified from AOCI 532 247 - 779 Net current period OCI $ 6,451 $ 408 $ (871 ) $ 5,988 Tax expense (benefit) - - - - Total other comprehensive income (loss), net of taxes 6,451 408 (871 ) 5,988 Ending balance, net of taxes $ 110,989 $ (817 ) $ (48,834 ) $ 61,338 Three Months Ended March 31, 2016 Unrealized Holding Unrealized Holding OCI Adjustments for Total Accumulated Gains (Losses) on Gains (Losses) on Policyholder liabilities, Other Comprehensive AFS Securities Cash Flow Hedges VOBA, and Deferred Tax Income (Loss) Beginning balance $ 95,533 $ 4,202 $ (43,144 ) $ 56,591 OCI before reclassifications 44,320 (1,150 ) (5,098 ) 38,072 Amounts reclassified from AOCI 1,869 (197 ) - 1,672 Net current period OCI $ 46,189 $ (1,347 ) $ (5,098 ) $ 39,744 Tax expense (benefit) - - - - Total other comprehensive income (loss), net of taxes 46,189 (1,347 ) (5,098 ) 39,744 Ending balance, net of taxes $ 141,722 $ 2,855 $ (48,242 ) $ 96,335 The reclassifications out of AOCI for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 AOCI Components Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Unrealized holding gains (losses) on AFS securities Available-for-sale securities $ (532 ) Net realized investment gains (losses) Portion of OTTI previously recognized - in OCI $ (532 ) Total Unrealized holding gains (losses) on cash flow hedges Interest rate swaps $ (247 ) Net investment income $ (247 ) Total Total amounts reclassified from AOCI $ (779 ) Three Months Ended March 31, 2016 AOCI Components Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Unrealized holding gains (losses) on AFS securities Available-for-sale securities $ 1,800 Net realized investment gains (losses) (3,669 ) Portion of OTTI previously recognized in OCI $ (1,869 ) Total Unrealized holding gains (losses) on cash flow hedges Interest rate swaps $ 197 Net investment income $ 197 Total Total amounts reclassified from AOCI $ (1,672 )

Stockholder's Equity and Statut

Stockholder's Equity and Statutory Accounting Principles	3 Months Ended
	Mar. 31, 2017
Stockholders Equity And Statutory Accounting Principles [Abstract]
Stockholder's Equity and Statutory Accounting Principles	Note 8. Stockholder’s Equity and Statutory Accounting Principles The Company’s statutory financial statements are presented on the basis of accounting practices prescribed or permitted by the Insurance Department of the State of Arkansas. The State of Arkansas has adopted the National Association of Insurance Commissioners’ (“NAIC”) statutory accounting principles as the basis of its statutory accounting principles. The Company's statutory net income (loss) for the three months ended March 31, 2017 and 2016 was $51,392 and ($61,541), respectively. Statutory capital and surplus at March 31, 2017 and December 31, 2016 was $738,178 and $696,073, respectively. For the three months ended March 31, 2016 and 2017, the Company did not pay a dividend. For the three months ended March 31, 2017, the Company paid a $13,440 return of capital to TA Corp. For the three months ended March 31, 2016, the Company paid a $30,489 return of capital to TA Corp.

Reinsurance

Reinsurance	3 Months Ended
	Mar. 31, 2017
Reinsurance Disclosures [Abstract]
Reinsurance	Note 9. Reinsurance In the normal course of business, the Company seeks to limit its exposure to loss on any single insured life and to recover a portion of benefits paid by ceding mortality risk to other insurance enterprises or reinsurers under indemnity reinsurance agreements, primarily quota share coverage and coinsurance agreements. The maximum amount of mortality risk retained by the Company is approximately $1,000 on single and joint life policies. Indemnity reinsurance agreements do not relieve the Company from its obligations to contract owners. Failure of reinsurers to honor their obligations could result in losses to the Company. The Company regularly evaluates the financial condition of its reinsurers so as to minimize its exposure to significant losses from reinsurer insolvencies. At March 31, 2017, the Company had a reinsurance receivable of $330 and reinsurance payable of $200. At December 31, 2016, the Company had a net reinsurance receivable of $166 and reinsurance payable of $203. The Company did not have a reinsurance reserve at March 31, 2017 and December 31, 2016. In addition, the Company seeks to limit its exposure to guaranteed benefit features contained in certain variable annuity contracts. Specifically, the Company reinsures certain GMIB and GMDB provisions to the extent reinsurance capacity is available in the marketplace. The account values for variable annuity contracts containing GMIB provisions that were reinsured was 34% at both March 31, 2017 and December 31, 2016. The account values for variable annuity contracts containing GMDB provisions that were reinsured were 4% at both March 31, 2017 and December 31, 2016.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. Related Party Transactions At March 31, 2017, the Company had the following related party agreements in effect: The Company is party to a common cost allocation service agreement between TA Corp companies in which various affiliated companies may perform specified administrative functions in connection with the operation of the Company, in consideration of reimbursement of actual costs related to the services rendered. During the three months ended March 31, 2017 and 2016, the Company incurred $2,707 and $2,414 respectively, in expenses under this agreement. Charges attributable to this agreement are included in insurance, general and administrative expenses, net of amounts capitalized. The Company was party to intercompany short-term note receivable arrangements with its parent and affiliates at various times during the prior year. At March 31, 2017, there was no outstanding intercompany short term notes receivable. At March 31, 2016, there was an intercompany short-term note rece ivable with the Parent for $25,000 with an interest rate of 0.36%. This note was repaid by the Parent in the second quarter of 2016. During the three months ended March 31, 2017 and 2016, the Company accrued and/or of interest, respectively. AEGON USA Realty Advisors, LLC acts as the manager and administrator for the Company’s mortgage loans on real estate under an administrative and advisory agreement with the Company. Charges attributable to this agreement are included in net investment income. During the three months ended March 31, 2017 and 2016, the Company incurred $51 and $42, respectively, under this agreement. Mortgage loan origination fees are included in investment expenses. AEGON USA Investment Management, LLC acts as a discretionary investment manager under an investment management agreement with the Company. During the three months ended March 31, 2017 and 2016, the Company incurred $491 and $493, respectively, in expenses under this agreement. Charges attributable to this agreement are included in net investment income. Transamerica Capital, Inc. provides underwriting and distribution services for the Company under an underwriting agreement. During the three months ended March 31, 2017 and 2016, the Company incurred $5,558 and $6,152, respectively, in expenses under this agreement. Charges attributable to this agreement are included in insurance, general and administrative expenses, net of amounts capitalized. Transamerica Asset Management, Inc. acts as the investment advisor for certain related party funds in the Company’s Separate Accounts under multiple service agreements. During the three months ended March 31, 2017 and 2016, the Company incurred $79 and $76, respectively, in expenses under this agreement. Charges attributable to these agreements are included in insurance, general and administrative expenses, net of amounts capitalized. The Company has a participation agreement with Transamerica Series Trust to offer certain funds in the Company’s Separate Accounts. Transamerica Capital, Inc. acts as the distributor for such related party funds. The Company has entered into a distribution and shareholder services agreement for certain of such funds. During the three months ended March 31, 2017 and 2016, the Company received $600 and $491, respectively, in revenue under this agreement. Revenue attributable to this agreement is included in policy charge revenue. The Company purchases and sells investments from/to various affiliated companies. The investments are purchased and sold using the fair value on the date of the acquisition or disposition. The purchasing and selling of investments between affiliated companies for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 2016 Investments purchased from related parties: Limited partnerships $ - $ 10,000 Investments sold to related parties: Fixed maturity AFS securities $ - $ 62,859 While management believes that the service agreements referenced above are calculated on a reasonable basis, they may not necessarily be indicative of the costs that would have been incurred with an unrelated third party. Related party agreements generally contain reciprocal indemnity provisions pertaining to each party’s representations and contractual obligations thereunder.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11. Commitments and Contingencies State insurance laws generally require that all life insurers who are licensed to transact business within a state become members of the state's life insurance guaranty association. These associations have been established for the protection of contract owners from loss (within specified limits) as a result of the insolvency of an insurer. At the time insolvency occurs, the guaranty association assesses the remaining members of the association an amount sufficient to satisfy the insolvent insurer's contract owner obligations (within specified limits). The Company has utilized public information to estimate the future assessments it will incur as a result of life insurance company insolvencies. At both March 31, 2017 and December 31, 2016, the Company’s estimated liability for future guaranty fund assessments was $140. If future insolvencies occur, the Company’s estimated liability may not be sufficient to fund these insolvencies and the estimated liability may need to be adjusted. The Company regularly monitors public information regarding insurer insolvencies and adjusts its estimated liability as appropriate. In addition, the Company has a receivable for future premium tax deductions of $4,012 at both March 31, 2017 and December 31, 2016, respectively. Legal and regulatory proceedings are subject to inherent uncertainties, and future events could change management's assessment of the probability or estimated amount of potential losses from pending or threatened proceedings. Based on available information, it is the opinion of management that the ultimate resolution of pending or threatened legal and regulatory proceedings, other than claims proceedings, both individually and in the aggregate, will not result in losses having a material adverse effect on the Company's financial position or liquidity at March 31, 2017. If management believes that, based on available information, it is at least reasonably possible that a material loss (or additional material loss in excess of any accrual) will be incurred in connection with any legal or regulatory proceedings, other than claims proceedings, the Company discloses an estimate of the possible loss or range of loss, either individually or in the aggregate, as appropriate, if such an estimate can be made, or discloses that an estimate cannot be made. Based on the Company's assessment at March 31, 2017, no such disclosures were considered necessary.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information	Note 12. Segment Information The following tables summarize each business segment’s contribution to select Statements of Income (Loss) information for the three months ended March 31, 2017 and 2016: Life Three months ended March 31, 2017 Annuity Insurance Total Policy charge revenue $ 24,011 $ 13,465 $ 37,476 Net Investment income (loss) 14,230 13,714 27,944 Net realized investment gains (losses) (198 ) 229 31 Derivative gains (losses) (24,228 ) - (24,228 ) Total Revenue $ 13,815 $ 27,408 $ 41,223 Interest credited to policyholder liabilities $ 1,686 $ 11,297 $ 12,983 Policy benefits (net of reinsurance recoveries) (16,121 ) 6,631 (9,490 ) Amortization (accretion) of DAC 1,132 - 1,132 Amortization (accretion) of VOBA 1,623 741 2,364 Insurance, general and administrative expenses 8,123 720 8,843 Total Expenses $ (3,557 ) $ 19,389 $ 15,832 Income (Loss) before taxes $ 17,372 $ 8,019 $ 25,391 Income tax expense (benefit) 393 182 575 Net income (loss) $ 16,979 7,837 $ 24,816 Three months ended March 31, 2016 Policy charge revenue $ 23,722 $ 13,317 $ 37,039 Net Investment income (loss) 12,018 14,434 26,452 Net realized investment gains (losses) (222 ) 88 (134 ) Derivative gains (losses) 3,355 16 3,371 Total Revenue $ 38,873 $ 27,855 $ 66,728 Interest credited to policyholder liabilities $ 2,172 $ 11,858 $ 14,030 Policy benefits (net of reinsurance recoveries) 28,653 14,401 43,054 Amortization (accretion) of DAC 942 - 942 Amortization (accretion) of VOBA 1,733 3,647 5,380 Insurance, general and administrative expenses 9,157 769 9,926 Total Expenses $ 42,657 $ 30,675 $ 73,332 Income (Loss) before taxes $ (3,784 ) $ (2,820 ) $ (6,604 ) Income tax expense (benefit) 1,277 (1,277 ) - Net income (loss) $ (5,061 ) (1,543 ) $ (6,604 )

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Transamerica Advisors Life Insurance Company (“TALIC” or the “Company”) is a wholly owned subsidiary of Transamerica Corporation (“TA Corp”, “the Parent”), which is an indirect wholly owned subsidiary of AEGON N.V., a limited liability share company organized under Dutch law. AEGON N.V. and its subsidiaries and joint ventures have life insurance and pension operations in over twenty countries in Europe, the Americas, and Asia and are also active in savings and investment operations, accident and health insurance, and general insurance and have limited banking operations in a number of these countries. The Company is a life insurance company that conducts its business primarily in the annuity markets and to a lesser extent in the life insurance markets of the financial services industry. The Company is domiciled in the State of Arkansas and is currently licensed to sell insurance and annuities in forty-nine states, the District of Columbia, the U.S. Virgin Islands and Guam. The Company is currently subject to primary regulation by the Arkansas Insurance Department.
Basis of Reporting	Basis of Reporting The accompanying Financial Statements have been prepared in conformity with United States generally accepted accounting principles (“GAAP”). The Company also submits financial statements to insurance industry regulatory authorities, which are prepared on the basis of statutory accounting principles (“SAP”). The interim Financial Statements are unaudited; all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the Financial Statements have been included. These unaudited Financial Statements should be read in conjunction with the audited Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. For a complete discussion of the Company’s 2016 Financial Statements and accounting policies, refer to the Company’s Annual Report on Form 10-K. The nature of the Company’s business is such that results of any interim period are not necessarily indicative of results for a full year.
Accounting Estimates and Assumptions	Accounting Estimates and Assumptions The preparation of financial statements in conformity to GAAP requires management to make estimates and assumptions affecting the reported amounts of assets, liabilities, revenues and expenses and the disclosures of contingent assets and liabilities. Those estimates are inherently subject to change and actual results could differ from those estimates. Included among the material (or potentially material) reported amounts and disclosures that require extensive use of estimates are: fair value of certain investments (including derivatives), asset valuation allowances, deferred policy acquisition costs, deferred sales inducements, value of business acquired, goodwill, policyholder liabilities, income taxes, and potential effects of unresolved litigated matters.
Subsequent Events	Subsequent Events The Financial Statements are adjusted to reflect events that occurred between the Balance Sheet date and the date when the Financial Statements are issued, provided they give evidence of conditions that existed at the Balance Sheet date. Events that are indicative of conditions that arose after the Balance Sheet date are disclosed, but do not result in an adjustment of the Financial Statements themselves. No subsequent events have been identified through May 12, 2017 that require adjustments or disclosure to the Financial Statements.
Current Accounting Guidance	Current Accounting Guidance Accounting Standards Update (“ASU”) 2016-06, Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instrument In March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-06, Derivatives and Hedging (Topic 815) Contingent Put and Call Options in Debt Instruments ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships
Future Accounting Guidance	Future Accounting Guidance ASU 2017-08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20 Premium Amortization on Purchased Callable Debt Securities In March 2017, the FASB issued ASU 2017-08, Receivables—Nonrefundable Fees and Other Costs ( Subtopic 310-20) ASU 2017-04, Intangibles—Goodwill and Other (Topic 350) Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350)

Fair Value of Financial Instr23

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Hierarchy of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis at March 31, 2017 and December 31, 2016: March 31, 2017 Level 1 Level 2 Level 3 Total Assets Fixed maturity available-for-sale ("AFS") securities (a) Corporate securities $ - $ 892,795 $ - $ 892,795 Asset-backed securities - 36,098 13,288 49,386 Commercial mortgage-backed securities - 74,572 - 74,572 Residential mortgage-backed securities - 68,444 - 68,444 Municipals - 871 - 871 Government and government agencies United States 351,481 199 - 351,680 Foreign 1,474 24,222 - 25,696 Total fixed maturity AFS securities $ 352,955 $ 1,097,201 $ 13,288 $ 1,463,444 Equity AFS securities (a) Banking securities $ - $ 27,405 $ - $ 27,405 Industrial securities - 5,800 - 5,800 Total equity AFS securities $ - $ 33,205 $ - $ 33,205 Cash equivalents (b) $ - $ 106,058 $ - $ 106,058 Derivative assets (c) - 2,609 - 2,609 Fair value recoverable of ceded guaranteed minimum income benefits ("GMIB") embedded derivatives (d) - - 39,244 39,244 Investments measured at net asset value ("NAV") (e) - - - 5,796,266 Total assets $ 352,955 $ 1,239,073 $ 52,532 $ 7,440,826 Liabilities Future policy benefits (embedded derivatives only) (f) $ - $ - $ 48,395 $ 48,395 Derivative liabilities (c) - 7,051 - 7,051 Total liabilities $ - $ 7,051 $ 48,395 $ 55,446 December 31, 2016 Level 1 Level 2 Level 3 Total Assets Fixed maturity AFS securities (a) Corporate securities $ - $ 911,851 $ - $ 911,851 Asset-backed securities - 43,372 9,215 52,587 Commercial mortgage-backed securities - 76,513 - 76,513 Residential mortgage-backed securities - 96,177 - 96,177 Municipals - 856 - 856 Government and government agencies United States 341,379 - - 341,379 Foreign 1,480 6,194 - 7,674 Total fixed maturity AFS securities $ 342,859 $ 1,134,963 $ 9,215 $ 1,487,037 Equity AFS securities (a) Banking securities $ - $ 26,726 $ - $ 26,726 Industrial securities - 5,825 - 5,825 Total equity AFS securities $ - $ 32,551 $ - $ 32,551 Cash equivalents (b) - 265,538 - 265,538 Derivative assets (c) - 16,526 - 16,526 Fair value recoverable of ceded GMIB embedded derivatives (d) - - 48,166 48,166 Investments measured at NAV (e) - - - 5,730,860 Total assets $ 342,859 $ 1,449,578 $ 57,381 $ 7,580,678 Liabilities Future policy benefits (embedded derivatives only) (f) $ - $ - $ 55,143 $ 55,143 Derivative liabilities (c) - 15,165 - 15,165 Total liabilities $ - $ 15,165 $ 55,143 $ 70,308 (a) The fair values of debt securities are determined by management after taking into consideration several sources of data. When available, the Company uses quoted market prices in active markets to determine the fair value of its debt securities. The Company’s valuation policy utilizes a pricing hierarchy that dictates that publicly available prices are initially sought from indices and third party pricing services. In the event that pricing is not available from these sources, those securities are submitted to brokers to obtain quotes. The majority of brokers’ quotes are non-binding. As part of the pricing process, the Company assesses the appropriateness of each quote (i.e., as to whether the quote is based on observable market transactions or not) to determine the most appropriate estimate of fair value. Lastly, securities are priced using internal cash flow modeling techniques. These valuation methodologies commonly use the following inputs: reported trades, bids, offers, issuer spreads, benchmark yields, estimated prepayment speeds, and/or estimated cash flows. Third-party pricing services and brokers will often determine prices using recently reported trades for identical or similar securities. The third-party pricing services and brokers make adjustments for the elapsed time from the trade date to the Balance Sheet date to take into account available market information. Lacking recently reported trades, third-party pricing services and brokers will use modeling techniques to determine a security price where expected future cash flows are developed based on the performance of the underlying collateral and discounted using an estimated market rate. Periodically, the Company performs an analysis of the inputs obtained from third-party pricing services and brokers to ensure that the inputs are reasonable and produce a reasonable estimate of fair value. The Company’s asset specialists and investment valuation specialists consider both qualitative and quantitative factors as part of this analysis. Several examples of analytical procedures performed include, but are not limited to, recent transactional activity for similar debt securities, review of pricing statistics and trends and consideration of recent relevant market events. Other controls and procedures over pricing received from indices, third-party pricing services, or brokers include validation checks, such as exception reports that highlight significant price changes, stale prices or un-priced securities. Following is additional discussion of the valuation methodologies for certain types of debt securities: Corporate debt securities - Valuations of corporate debt securities are monitored and reviewed on a monthly basis. The pricing hierarchy is dependent on the possibility of corroboration of market prices when available. If no market prices are available, valuations are determined by a discounted cash flow methodology using an internally calculated yield. The yield is comprised of a credit spread over a given benchmark, taking into effect liquidity risk for thinly traded securities. Residential mortgage-backed securities (“RMBS”), commercial mortgage-backed securities (“CMBS”) and asset backed securities (“ABS”) - Valuations of RMBS, CMBS and ABS are monitored and reviewed on a monthly basis. Valuations are based on a pricing hierarchy and, depending on the asset type, the pricing hierarchy consists of a waterfall that starts with making use of market prices from indices and follows with making use of third-party pricing services or brokers. The pricing hierarchy is dependent on the possibility of corroborating the market prices. If no market prices are available, the Company uses either internal models or another available pricing source to determine fair value. Significant inputs included in the internal models are generally determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles. Market standard models may be used to model the specific collateral composition and cash flow structure of each transaction. The most significant unobservable input is the illiquidity premium, which is embedded in the discount rate. Government and government agencies - When available, the Company uses quoted market prices in active markets to determine the fair value of its government and government agencies’ investments. When the Company cannot make use of quoted market prices, market prices from indices or quotes from third-party pricing services or brokers are used. Equity securities – Valuations of equity securities are monitored and reviewed on a monthly basis. When available, the Company uses quoted market prices in active markets to determine the fair value of its equity investments. When the Company cannot make use of quoted market prices, quotes from a third-party vendor, broker, or custodian are used. (b) Cash equivalents are primarily valued at amortized cost, which approximates fair value. Operating cash is not included in the above table. (c) Level 2 derivatives include interest rate swaps, inflation swaps, variance swaps, total return swaps, and credit default swaps for which the Company utilized readily accessible quoted index levels and broker quotes . The fair value of interest rate swaps is calculated based on the change in the underlying floating rate curve measured using the (“LIBOR”) at the reporting date, as compared to the fixed leg of the swap. The fair value for inflation swaps is calculated as the difference between the consumer price index (or related readily accessible quoted inflation index level) at the reporting date and the last reset date, multiplied by the notional value of the swap. The fair value for variance swaps is calculated as the difference between the estimated volatility of the underlying Standard & Poor’s 500 Composite Price Index (“S&P”) at maturity and the actual volatility of the underlying S&P at initiation (i.e., strike) multiplied by the notional value of the swap. Total return swaps are valued based on the change in the underlying equity index as of the last reset date. The fair value for equity options is calculated using the Black-Scholes model and market observable inputs for the underlying market price and volatility surface. Credit default swaps are valued using a discounted cash flow model where future premium payments and protection payments are corrected for the probability of default, which is modeled using an arbitrage free credit spread model. (d) The Company reinsures a portion of its variable annuity business that offer GMIB reinsurance. GMIB reinsurance contracts are treated as embedded derivatives since they contain payment provisions for net settlement and are therefore reported separately from the host contract. (e) Amounts are comprised of certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy in accordance with Subtopic 820-10. These investments do not have lockup periods. March 31, 2017 December 31, 2016 Investment: Fair Unfunded Redemption Redemption Fair Unfunded Limited Partnerships Value Commitments Frequency Notice Value Commitments Limited Partnership - Private Equity $ 1,704 $ - None None $ 1,759 $ - Limited Partnership - Hedge Funds 70,905 102 Quarterly 60-65 days 69,151 - $ 72,609 $ 102 $ 70,910 $ - Separate Accounts 5,723,657 - None None 5,659,950 - Investments measured at NAV $ 5,796,266 $ 102 $ 5,730,860 $ - (f) The Company recognizes liabilities for contracts containing guaranteed minimum withdrawal benefits ("GMWB") and stand-alone living benefits ("SALB"), which are reported at fair value. The liabilities for the contracts containing GMWB are treated as embedded derivatives, which are required to be reported separately from the host contract. The fair value of these guarantees is calculated as the present value of future expected payments to policyholders less the present value of assessed fees attributable to the guarantees. Given the complexity and long-term nature of the guarantees, their fair values are determined using stochastic techniques under a variety of market return, discount rate and actuarial assumptions. Since two of the assumptions are unobservable and are considered to be significant inputs to the liability valuation, the liability included in future policy benefits has been reflected within Level 3 of the fair value hierarchy.
Summary of Change in Fair Value of Level 3 Fixed Maturity AFS Securities	The following table provides a summary of the change in fair value of the Company's Level 3 fixed maturity AFS securities at March 31, 2017 and December 31, 2016: Three Months Ended March 31, 2017 Twelve Months Ended December 31, 2016 Balance at beginning of period (a) $ 9,215 $ 6,666 Change in unrealized gains (losses) (b) 116 (243 ) Purchases 3,999 2,792 Sales (42 ) (326 ) Transfers into Level 3 - 2,113 Transfers out of Level 3 - (1,954 ) Net realized investment gains (c) - 167 Balance at end of period (a) $ 13,288 $ 9,215 (a) Recorded as a component of fixed maturity AFS securities on the Balance Sheets. (b) Recorded as a component of other comprehensive income (loss) in net unrealized holding gains (losses) on AFS securities arising during the period. (c) Recorded as a component of net realized investment gains (losses) for fixed maturity in the Statements of Income (Loss).
Summary of Changes in Fair Value of Level 3 Liabilities (Assets)	The following table provides a summary of the changes in fair value of the Company’s Level 3 liabilities (assets) at March 31, 2017 and December 31, 2016: Three Months Ended Twelve Months Ended March 31, 2017 December 31, 2016 GMIB GMIB GMWB Reinsurance SALB GMWB Reinsurance SALB Balance at beginning of period (a) $ 54,414 $ (48,166 ) $ 729 $ 60,618 $ (61,426 ) $ 511 Changes in interest rates (b) 1,532 (802 ) - (4,179 ) 2,262 - Changes in equity markets (b) (7,963 ) 9,199 - (5,988 ) 12,560 218 Other (b) (317 ) 525 - 3,963 (1,562 ) - Balance at end of period (a) $ 47,666 $ (39,244 ) $ 729 $ 54,414 $ (48,166 ) $ 729 (a) GMWB and SALB are recorded as a component of future policy benefits on the Balance Sheets and GMIB reinsurance is recorded as recoverable of ceded GMIB embedded derivatives, at fair value on the Balance Sheets. (b) Recorded as a component of policy benefits in the Statements of Income (Loss).
Summary of Quantitative Inputs and Assumptions Related to Level 3 Assets and Liabilities	The following tables provides a summary of the quantitative inputs and assumptions of the Company's Level 3 assets and liabilities at March 31, 2017 and December 31, 2016: March 31, 2017 Estimated Range Description Fair Value Valuation Unobservable (Weighted Assets Fixed maturity securities Asset-backed securities $ 13,288 Broker See comment below (a) See comment below (a) Total fixed maturity securities $ 13,288 Future policy benefits (embedded derivatives) - GMIB Reinsurance 39,244 Discounted cash flows Own credit risk 45 Long-term volatility 25% - 30% Total assets $ 52,532 Liabilities Future policy benefits (embedded derivatives) - GMWB $ 47,666 Discounted cash flows Own credit risk 45 Long-term volatility 25% - 30% Future policy benefits - SALB 729 See comment below (b) See comment below (b) See comment below (b) Total liabilities $ 48,395 December 31, 2016 Estimated Range Description Fair Value Valuation Techniques Unobservable Inputs (Weighted Average) Assets Fixed maturity securities Asset-backed securities $ 9,215 Broker See comment below (a) See comment below (a) Future policy benefits (embedded derivatives) - GMIB Reinsurance 48,166 Discounted cash flows Own credit risk 50 Long-term volatility 25% - 30% Total assets $ 57,381 Liabilities Future policy benefits (embedded derivatives) - GMWB $ 54,414 Discounted cash flows Own credit risk 50 Long-term volatility 25% - 30% Future policy benefits - SALB 729 See comment below (b) See comment below (b) See comment below (b) Total liabilities $ 55,143 (a) The Company has obtained non-binding broker quotes, which cannot be corroborated by market observable data, to assist in determining the fair values of the Level 3 asset-backed securities. The Company does not receive the unobservable inputs used by the broker but performs annual reviews to approve the use of brokers and obtains an asset specialist’s review of the broker’s price. (b) The SALB is a product with fewer than 150 policies. Due to the small size of this block, the liability was established based on the fees.
Estimated Fair Value of Assets Not Carried at Fair Value on Balance Sheets	The following tables provides the estimated fair value of the Company's assets not carried at fair value on the Balance Sheets at March 31, 2017 and December 31, 2016: March 31, 2017 Level 1 Level 2 Level 3 Total Assets Mortgage loans on real estate (a) $ - $ - $ 124,725 $ 124,725 Policy loans (b) - 627,399 - 627,399 Total assets $ - $ 627,399 $ 124,725 $ 752,124 December 31, 2016 Level 1 Level 2 Level 3 Total Assets Mortgage loans on real estate (a) $ - $ - $ 115,020 $ 115,020 Policy loans (b) - 632,834 - 632,834 Total assets $ - $ 632,834 $ 115,020 $ 747,854 (a) The fair value of mortgage loans on real estate is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and/or similar remaining maturities. (b) Policy loans are stated at unpaid principal balance. The book value of policy loans approximates their fair value.

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2017
Amortized Cost/Cost, Gross Unrealized Gains and Losses, Estimated Fair Values and ("OTTI") Reflected in ("AOCI") of Investments in Fixed Maturity and Equity Available-for-Sale Securities	The amortized cost/cost, gross unrealized gains and losses, estimated fair values and other-than-temporary impairments (“OTTI”) reflected in accumulated other comprehensive income (“AOCI”) of investments in fixed maturity and equity AFS securities at March 31, 2017 and December 31, 2016 were: March 31, 2017 Gross Unrealized Estimated Amortized Fair OTTI Cost/Cost Gains Losses Value in AOCI (a) Fixed maturity AFS securities Corporate securities $ 838,340 $ 57,180 $ (2,725 ) $ 892,795 $ - Asset-backed securities 49,697 185 (496 ) 49,386 - Commercial mortgage-backed securities 73,398 1,642 (468 ) 74,572 - Residential mortgage-backed securities 64,241 4,361 (158 ) 68,444 - Municipals 908 - (37 ) 871 - Government and government agencies United States 303,618 48,063 (1 ) 351,680 - Foreign 24,195 1,532 (31 ) 25,696 - Total fixed maturity AFS securities $ 1,354,397 $ 112,963 $ (3,916 ) $ 1,463,444 $ - Equity AFS securities Banking securities $ 25,473 $ 2,053 $ (121 ) $ 27,405 $ - Industrial securities 5,791 9 - 5,800 - Total equity AFS securities $ 31,264 $ 2,062 $ (121 ) $ 33,205 $ - December 31, 2016 Gross Unrealized Estimated Amortized Fair OTTI Cost/Cost Gains Losses Value in AOCI (a) Fixed maturity AFS securities Corporate securities $ 859,028 $ 56,387 $ (3,564 ) $ 911,851 $ - Asset-backed securities 53,421 15 (849 ) 52,587 - Commercial mortgage-backed securities 75,396 1,706 (589 ) 76,513 - Residential mortgage-backed securities 92,943 4,004 (770 ) 96,177 (5 ) Municipals 909 - (53 ) 856 - Government and government agencies United States 295,581 45,798 - 341,379 - Foreign 6,509 1,165 - 7,674 - Total fixed maturity AFS securities $ 1,383,787 $ 109,075 $ (5,825 ) $ 1,487,037 $ (5 ) Equity AFS securities Banking securities $ 25,473 $ 1,721 $ (468 ) $ 26,726 $ - Industrial securities 5,791 34 - 5,825 - Total equity AFS securities $ 31,264 $ 1,755 $ (468 ) $ 32,551 $ - (a) Represents OTTI in AOCI, which were not included in earnings. Amount excludes $2,364 and $2,446 of unrealized gains at March 31, 2017 and December 31, 2016, respectively.
Amortized Cost and Estimated Fair Value of Fixed Maturity Available-for-Sale Securities by Investment Grade	The amortized cost and estimated fair value of fixed maturity AFS securities by investment grade at March 31, 2017 and December 31, 2016 were: March 31, 2017 December 31, 2016 Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value Investment grade $ 1,272,922 $ 1,375,025 $ 1,294,978 $ 1,393,503 Below investment grade 81,475 88,419 88,809 93,534 Total fixed maturity AFS securities $ 1,354,397 $ 1,463,444 $ 1,383,787 $ 1,487,037
Amortized Cost and Estimated Fair Value of Fixed Maturity Available-for-Sale Securities by Contractual Maturities	The amortized cost and estimated fair value of fixed maturity AFS securities at March 31, 2017 and December 31, 2016 by contractual maturities were: March 31, 2017 December 31, 2016 Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value Fixed maturity AFS securities Due in one year or less $ 67,489 $ 68,442 $ 56,748 $ 57,489 Due after one year through five years 491,767 522,564 523,815 555,221 Due after five years through ten years 105,991 110,682 95,744 99,697 Due after ten years 501,814 569,354 485,720 549,354 $ 1,167,061 $ 1,271,042 $ 1,162,027 $ 1,261,761 Mortgage-backed securities and other asset-backed securities $ 187,336 $ 192,402 $ 221,760 $ 225,276 Total fixed maturity AFS securities $ 1,354,397 $ 1,463,444 $ 1,383,787 $ 1,487,037
Estimated Fair Value and Gross Unrealized Losses and Other-Than-Temporary Impairments of Fixed Maturity and Equity Available-for-Sale Securities in Continuous Unrealized Loss Position	The estimated fair value and gross unrealized losses and OTTI related to fixed maturity and equity AFS securities aggregated by length of time that individual securities have been in a continuous unrealized loss position at March 31, 2017 and December 31, 2016 were as follows: March 31, 2017 Gross Estimated Unrealized Fair Amortized Losses and Value Cost/Cost OTTI (a) Less than or equal to six months Fixed maturity AFS securities Corporate securities $ 50,468 $ 52,009 $ (1,541 ) Asset-backed securities 19,318 19,615 (297 ) Commercial mortgage-backed securities 27,320 27,788 (468 ) Residential mortgage-backed securities 19,905 20,009 (104 ) Government and government agencies United States 10,610 10,611 (1 ) Foreign 3,780 3,811 (31 ) Total fixed maturity and equity AFS securities $ 131,401 $ 133,843 $ (2,442 ) Greater than six months but less than or equal to one year Fixed maturity AFS securities Asset-backed securities $ 2,879 $ 3,000 $ (121 ) Commercial mortgage-backed securities 751 751 (0 ) Total fixed maturity and equity AFS securities $ 3,630 $ 3,751 $ (121 ) Greater than one year Fixed maturity AFS securities Corporate securities $ 17,183 $ 18,367 $ (1,184 ) Asset-backed securities 8,076 8,154 (78 ) Residential mortgage-backed securities 2,221 2,275 (54 ) Municipals 871 908 (37 ) Equity AFS securities-banking securities 1,675 1,796 (121 ) Total fixed maturity and equity AFS securities $ 30,026 $ 31,500 $ (1,474 ) Total fixed maturity and equity AFS securities $ 165,057 $ 169,094 $ (4,037 ) December 31, 2016 Gross Estimated Unrealized Fair Amortized Losses and Value Cost/Cost OTTI (a) Less than or equal to six months Fixed maturity AFS securities Corporate securities $ 64,992 $ 66,625 $ (1,633 ) Asset-backed securities 30,729 31,253 (524 ) Commercial mortgage-backed securities 30,698 31,285 (587 ) Residential mortgage-backed securities 54,987 55,690 (703 ) Equity securities - banking securities 8,213 8,500 (287 ) Total fixed maturity and equity AFS securities $ 189,619 $ 193,353 $ (3,734 ) Greater than six months but less than or equal to one year Fixed maturity AFS securities Corporate securities $ 4,522 $ 4,863 $ (341 ) Asset-backed securities 879 1,000 (121 ) Commercial mortgage-backed securities 1,010 1,012 (2 ) Residential mortgage-backed securities 212 229 (17 ) Total fixed maturity and equity AFS securities $ 6,623 $ 7,104 $ (481 ) Greater than one year Fixed maturity AFS securities Corporate securities $ 19,541 $ 21,131 $ (1,590 ) Asset-backed securities 7,978 8,182 (204 ) Residential mortgage-backed securities 2,122 2,172 (50 ) Municipals 856 909 (53 ) Equity AFS securities-banking securities 1,615 1,796 (181 ) Total fixed maturity and equity AFS securities $ 32,112 $ 34,190 $ (2,078 ) Total fixed maturity and equity AFS securities $ 228,354 $ 234,647 $ (6,293 ) (a) Subsequent unrealized gains (losses) on OTTI securities are included in Net unrealized OTTI on securities in the Statements of Comprehensive Income (Loss).
Fair Value, Gross Unrealized Losses, Other-Than-Temporary Impairments Recognized in Other Comprehensive Income ("OCI") and Number of Securities with Fair Value Declining Amortized Cost	The fair value, gross unrealized losses, the portion of OTTI recognized in other comprehensive income (“OCI”) and the number of securities with fair value declining below amortized cost by greater than 20% and 40% (continuous unrealized loss position) were as follows at March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 Estimated Gross Estimated Gross Fair Unrealized Number of Fair Unrealized Number of Value Losses/OTTI (a) Securities Value Losses/OTTI (a) Securities Decline 20% - 40% Greater than one year $ 1,423 $ (566 ) 1 $ 1,375 $ (614 ) 1 Total $ 1,423 $ (566 ) 1 $ 1,375 $ (614 ) 1
Components of Net Unrealized Gains (Losses) and Other-Than-Temporary Impairments Included in Accumulated Other Comprehensive Income, Net of Taxes	The components of net unrealized gains (losses) and OTTI included in AOCI, net of taxes, at March 31, 2017 and December 31, 2016 were as follows: March 31, December 31, 2017 2016 Assets Fixed maturity AFS securities $ 109,047 $ 103,250 Equity AFS securities 1,941 1,287 Cash flow hedges (816 ) (1,224 ) Value of business acquired (27,501 ) (26,630 ) $ 82,671 $ 76,683 Liabilities Income taxes - deferred $ (21,333 ) $ (21,333 ) Stockholder's Equity Accumulated other comprehensive income, net of taxes $ 61,338 $ 55,350
Credit Quality of Commercial Mortgage Loans	The credit quality of commercial mortgage loans at March 31, 2017 and December 31, 2016, was as follows: March 31, December 31, Commercial 2017 2016 AAA - AA $ 35,970 $ 43,047 A 71,482 55,269 BBB 14,934 17,970 Total mortgage loans on real estate $ 122,386 $ 116,286 Less: allowance for credit losses (81 ) (78 ) Total mortgage loans on real estate, net $ 122,305 $ 116,208
Maturities of Collateral Underlying Reverse Repurchase Agreements and Securities Lending Transactions	The following tables provide a summary of maturities of collateral underlying reverse repurchase agreements and securities lending transactions at March 31, 2017 and December 31, 2016: March 31, 2017 Overnight and Continuous Up to 30 days Total Reverse repurchase agreements Residential mortgage-backed securities $ - $ 19,905 $ 19,905 Total $ - $ 19,905 $ 19,905 Securities lending transactions U.S. Treasury and agency securities $ 16,413 $ - $ 16,413 Corporate securities 28,853 - 28,853 Equity securities-banking 34 - 34 Total $ 45,300 $ - $ 45,300 Total Borrowings $ 45,300 $ 19,905 $ 65,205 Gross amount of recognized liabilities for reverse repurchase agreements and securities lending included on the Balance Sheets $ 66,388 December 31, 2016 Overnight and Continuous Up to 30 days Total Reverse repurchase agreements Residential mortgage-backed securities - $ 46,401 $ 46,401 Total $ - $ 46,401 $ 46,401 Securities lending transactions U.S. Treasury and agency securities $ 144,705 $ - $ 144,705 Corporate securities 40,774 - 40,774 Equity securities-banking 9,517 - 9,517 Total $ 194,996 $ - $ 194,996 Total Borrowings $ 194,996 $ 46,401 $ 241,397 Gross amount of recognized liabilities for reverse repurchase agreements and securities lending included on the Balance Sheets $ 246,049
Notional and Fair Value of Non-Qualifying Hedging Instruments and Cash Flow Hedges	The following table presents the notional and fair value amounts of non-qualifying hedging instruments and cash flow hedges at March 31, 2017 and December 31, 2016: Notional Fair Value March 31, December 31, March 31, December 31, Derivative Type 2017 2016 2017 2016 Non-qualifying hedges Short futures $ 5,423 $ 25,157 $ - $ - Long futures 52,168 55,071 - - Interest rate swaps 251,000 251,000 (3,429 ) (2,799 ) Variance swaps 540 540 (3,464 ) (1,835 ) Total return swaps 800,910 1,405,253 (8,154 ) (16,487 ) Options 2,002,850 2,002,850 7,616 24,525 Credit default swaps 230,000 210,000 5,783 1,311 Total non-qualifying hedges $ 3,342,891 $ 3,949,871 $ (1,648 ) $ 4,715 Cash flow hedges Interest rate swaps $ 49,883 $ 49,883 $ (2,840 ) $ (3,002 ) Total cash flow hedges $ 49,883 $ 49,883 $ (2,840 ) $ (3,002 ) Derivative Total $ 3,392,774 $ 3,999,755 $ (4,488 ) $ 1,713
Net Derivative Gains (Losses) Recognized in Statements of Income (Loss)	The following table presents the net derivative gains (losses) recognized in the Statements of Income (Loss) for the three months ended March 31, 2017 and 2016: Net Derivative Gains (Losses) Recognized In Income Three Months Ended March 31, Derivative Type 2017 2016 Short futures $ (724 ) $ (1,304 ) Long futures 255 3,853 Variance swaps (1,629 ) (637 ) Total return swaps (4,902 ) (6,043 ) Options (16,909 ) (1,451 ) Interest rate swaps (629 ) 8,692 Credit default swaps 310 261 Total $ (24,228 ) $ 3,371
Maximum Potential Amount of Future Payments, Credit Rating and Maturity Dates for Credit Default Swaps	The following tables present the maximum potential amount of future payments, credit rating, and maturity dates for the credit default swaps at March 31, 2017 and December 31, 2016: Maximum Potential Amount of Future Payments Credit Rating Maturity Date Range Derivative Type March 31, 2017 Credit default swaps Corporate debt $ 120,000 AA-A June 2017-December 2021 Sovereign debt 110,000 AA-A June 2017-December 2021 Credit default swaps total $ 230,000 Maximum Potential Amount of Future Payments Credit Rating Maturity Date Range Derivative Type December 31, 2016 Credit default swaps Corporate debt $ 120,000 A June 2017-December 2020 Sovereign debt 90,000 AA-A June 2017-December 2021 Credit default swaps total $ 210,000
Components of Gains or Losses on Derivatives that Qualify as Cash Flow Hedges	The following tables present the components of the gains (losses) on derivatives that qualify as cash flow hedges for the three months ended March 31, 2017 and 2016: Gains (Losses) Recognized in OCI on Derivatives (Effective Three Months Ended March 31, 2017 2016 Interest rate swaps $ 408 $ (1,347 ) Total $ 408 $ (1,347 ) Net Realized Gains (Losses) Recognized in Income on Derivatives (Ineffective Portion) Three Months Ended March 31, 2017 2016 Interest rate swaps $ 1 $ 1 Total $ 1 $ 1 Gains (Losses) Reclassified from AOCI into Net Investment Income (Effective Portion) Three Months Ended March 31, 2017 2016 Interest rate swaps $ (247 ) $ 197 Total $ (247 ) $ 197
Offsetting of Derivative Assets and Liabilities	The following table presents the offsetting of derivative assets and liabilities at March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 Derivatives Subject to a Master Netting Arrangement or a Similar Right to Offset Assets Liabilities Assets Liabilities Gross estimated fair value of derivatives: OTC - Bilateral $ 19,735 $ 20,794 $ 37,344 $ 32,832 OTC - Cleared 1,808 5,237 1,678 4,477 Total gross estimated fair value of derivatives $ 21,543 $ 26,031 $ 39,022 $ 37,309 Amounts offset on the Balance Sheets Gross estimated fair value of derivatives: (1) OTC - Bilateral $ (13,743 ) $ (13,743 ) $ (18,014 ) $ (18,014 ) OTC - Cleared (1,808 ) (1,808 ) (1,678 ) (1,678 ) Cash collateral: (2), (3) OTC - Bilateral (3,383 ) - (2,804 ) - OTC - Cleared - (3,429 ) - (2,452 ) Estimated fair value of derivatives presented on the Balance Sheets $ 2,609 $ 7,051 $ 16,526 $ 15,165 Gross amounts not offset on the Balance Sheets: Securities collateral: (4) OTC - Bilateral $ (2,557 ) $ (5,092 ) $ (15,222 ) $ (14,249 ) Net amount after application of master netting agreements and collateral $ 52 $ 1,959 $ 1,304 $ 916 (1) Estimated fair value of derivatives is limited to the amount that is subject to set-off. (2) The amount of cash collateral offset in the table above is limited to the net estimated fair value of derivatives after application of netting agreements. Cash collateral received for over-the-counter ("OTC") OTC-Bilateral and OTC-Cleared derivatives is included in cash and cash equivalents, short-term investments, or fixed maturity securities, and the obligation to return it, beyond what is already being setoff, is included in payables for collateral under securities loaned, reverse repurchase agreements and derivatives. At March 31, 2017, the Company received $537 of excess cash collateral. The Company had no excess cash collateral received from counterparties at December 31, 2016 (3) The receivable for the return of cash collateral provided to the counterparty, beyond what is being setoff, is included in other assets. The amount reported in the table above does not include initial margin on Exchange-Traded and OTC-Cleared derivatives. At March 31, 2017, the Company provided excess cash collateral of $178, which is not included in the table above due to the foregoing limitation. At December 31, 2016, the Company had no excess cash collateral provided to counterparties. (4) Securities collateral received or pledged by the Company is held in separate custodial accounts and is not recorded on the Balance Sheets. The amount of securities collateral offset in the table above is limited to the net estimated fair value of derivatives after application of netting agreements and cash collateral. At March 31, 2017 and December 31, 2016, the Company received excess securities collateral with an estimated fair value of $2,320 and $395, respectively, for its OTC-Bilateral derivatives, which are not included in the table above due to the foregoing limitation. At March 31, 2017 and December 31, 2016, the Company provided excess securities collateral with an estimated fair value of $1,730 and $1,878, respectively, for its OTC-Bilateral derivatives, which are not included in the table above due to the foregoing limitation. At March 31, 2017 and December 31, 2016, the Company also provided securities initial margin with an estimated fair value of $11,324 and $11,291, respectively, for its OTC-Cleared derivatives, which are not included in the table above.
Net Investment Income (Loss) by Source	Net investment income (loss) by source for the three months ended March 31, 2017 and 2016 was as follows: Three Months Ended March 31, Net investment income (loss) 2017 2016 Fixed maturity AFS securities $ 15,464 $ 17,366 Equity AFS securities 418 465 Limited partnerships 1,664 (2,540 ) Mortgage loans on real estate 1,463 1,203 Policy loans on insurance contracts 8,220 8,608 Derivatives 1,590 1,912 Cash and cash equivalents 274 451 Other 73 107 Gross investment income $ 29,166 $ 27,572 Less investment expenses (1,222 ) (1,120 ) Net investment income (loss) $ 27,944 $ 26,452
Proceeds and Gross Realized Investment Gains (Losses) from Sale of Available-for-Sale Securities	The Company considers fair value at the date of sale to be equal to the proceeds received. Proceeds and gross realized investment gains (losses) from the sale of AFS securities for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 2016 Proceeds $ 53,703 $ 101,543 Gross realized investment gains 593 3,879 Gross realized investment losses (516 ) (276 ) Proceeds on AFS securities sold at a realized loss 53,703 7,915
Net Realized Investment Gains (Losses)	Net realized investment gains (losses) for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 2016 Fixed maturity AFS securities $ 77 $ (273 ) Equity AFS securities - 207 Mortgage loans on real estate 58 (9 ) Adjustment related to value of business acquired (104 ) (59 ) Net realized investment gains (losses) $ 31 $ (134 )
Credit Loss Impairments on Fixed Maturity Securities, Non-Credit Portion of Other-Than-Temporary Impairment Loss Recognized in Other Comprehensive Income, and Corresponding Changes	The following table sets forth the amount of credit loss impairments on fixed maturity securities held by the Company at the dates indicated, for which the non-credit portion of the OTTI loss was recognized in OCI, and the corresponding changes in such amounts at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Balance at beginning of period $ (2,040 ) $ (935 ) Additional credit loss impairments recognized in the current period on securities previously impaired through OCI - 121 Accretion of credit loss impairments previously recognized (366 ) (1,226 ) Balance at end of period $ (2,406 ) $ (2,040 )
Components of Other-Than-Temporary Impairments Reflected in Statements of Income (Loss)	The components of OTTI reflected in the Statements of Income (Loss) for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 Net Net OTTI OTTI OTTI Losses Losses Losses on Recognized Recognized Securities in OCI in Income Gross OTTI losses $ - $ - $ - Net OTTI losses $ - $ - $ - Three Months Ended March 31, 2016 Net Net OTTI OTTI OTTI Losses Losses on Recognized Recognized Securities in OCI in Income Gross OTTI losses $ 3,669 $ - $ 3,669 Net OTTI losses $ 3,669 $ - $ 3,669
Securities lending agreements
Summary of Securities	The following table provides a summary of the securities lending program at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Payables for collateral under securities loaned $ 46,597 $ 199,412 Amortized cost of securities out on loan 41,375 166,942 Estimated fair value of securities out on loan 45,300 194,996
Reverse repurchase agreements
Summary of Securities	The following table provides a summary of the dollar roll reverse repurchase agreements at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Payables for reverse repurchase agreements $ 19,791 $ 46,637 Amortized cost of securities pledged 20,009 47,021 Estimated fair value of securities pledged 19,905 46,401

Value of Business Acquired ("25

Value of Business Acquired ("VOBA") and Deferred Acquisition Costs ("DAC") (Tables)	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Change in Carrying Amount of Value of Business Acquired	The change in the carrying amount of VOBA for the three months ended March 31, 2017 and 2016 was as follows: Three Months Ended March 31, 2017 2016 Amortization expense $ (2,227 ) $ (5,371 ) Unlocking (137 ) (9 ) Adjustment related to realized (gains) losses on investments (104 ) (59 ) Adjustment related to unrealized (gains) losses and OTTI on investments (871 ) (5,098 ) Change in VOBA carrying amount $ (3,339 ) $ (10,537 )
Change in Carrying Amount of Deferred Acquisition Costs	The change in the carrying amount of DAC for the three months ended March 31, 2017 and 2016 was as follows: Three Months Ended March 31, 2017 2016 Capitalization $ 10 $ 3 Accretion (amortization) expense (967 ) (932 ) Unlocking (166 ) (10 ) Change in DAC carrying amount $ (1,123 ) $ (939 )

Variable Contracts Containing26

Variable Contracts Containing Guaranteed Benefits (Tables)	3 Months Ended
	Mar. 31, 2017
Insurance [Abstract]
Changes in Variable Annuity Guaranteed Minimum Death Benefits, Guaranteed Minimum Income Benefits and Guaranteed Minimum Withdrawal Benefits Liabilities	The changes in the variable annuity GMDB, GMIB and GMWB liabilities for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, GMDB 2017 2016 Guaranteed benefits incurred $ 5,969 $ 6,380 Guaranteed benefits paid (4,634 ) (6,114 ) Unlocking (13,657 ) 7,471 Total $ (12,322 ) $ 7,737 Three Months Ended March 31, GMIB 2017 2016 Guaranteed benefits incurred $ 3,061 $ 3,236 Guaranteed benefits paid (1,294 ) (98 ) Unlocking (13,105 ) 7,091 Total $ (11,338 ) $ 10,229 Three Months Ended March 31, GMWB 2017 2016 Guaranteed benefits incurred $ - $ - Guaranteed benefits paid - - Change in fair value reserves (6,748 ) 13,446 Total $ (6,748 ) $ 13,446

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Tax Receivable (Payable)	The income tax asset (liability) consists of the following at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Current federal income tax asset (liability) $ - $ - Current state income tax asset (liability) 1 1 Deferred federal income tax asset (liability) - - Deferred state income tax asset (liability) - 575 Net income tax asset (liability) $ 1 $ 576
Components of Change in Unrecognized Tax Benefits	The components of the change in the unrecognized tax benefits were as follows at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 Balance at beginning of period $ 4,391 $ 3,404 Additions for tax positions of prior years - 987 Balance at end of period $ 4,391 $ 4,391

Accumulated Other Comprehensi28

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income	The changes in AOCI by component for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 Unrealized Holding Unrealized Holding OCI Adjustments for Total Accumulated Gains (Losses) on Gains (Losses) on Policyholder liabilities, Other Comprehensive AFS Securities Cash Flow Hedges VOBA, and Deferred Tax Income (Loss) Beginning balance $ 104,538 $ (1,225 ) $ (47,963 ) $ 55,350 OCI before reclassifications 5,919 161 (871 ) 5,209 Amounts reclassified from AOCI 532 247 - 779 Net current period OCI $ 6,451 $ 408 $ (871 ) $ 5,988 Tax expense (benefit) - - - - Total other comprehensive income (loss), net of taxes 6,451 408 (871 ) 5,988 Ending balance, net of taxes $ 110,989 $ (817 ) $ (48,834 ) $ 61,338 Three Months Ended March 31, 2016 Unrealized Holding Unrealized Holding OCI Adjustments for Total Accumulated Gains (Losses) on Gains (Losses) on Policyholder liabilities, Other Comprehensive AFS Securities Cash Flow Hedges VOBA, and Deferred Tax Income (Loss) Beginning balance $ 95,533 $ 4,202 $ (43,144 ) $ 56,591 OCI before reclassifications 44,320 (1,150 ) (5,098 ) 38,072 Amounts reclassified from AOCI 1,869 (197 ) - 1,672 Net current period OCI $ 46,189 $ (1,347 ) $ (5,098 ) $ 39,744 Tax expense (benefit) - - - - Total other comprehensive income (loss), net of taxes 46,189 (1,347 ) (5,098 ) 39,744 Ending balance, net of taxes $ 141,722 $ 2,855 $ (48,242 ) $ 96,335
Reclassifications out of AOCI	The reclassifications out of AOCI for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 AOCI Components Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Unrealized holding gains (losses) on AFS securities Available-for-sale securities $ (532 ) Net realized investment gains (losses) Portion of OTTI previously recognized - in OCI $ (532 ) Total Unrealized holding gains (losses) on cash flow hedges Interest rate swaps $ (247 ) Net investment income $ (247 ) Total Total amounts reclassified from AOCI $ (779 ) Three Months Ended March 31, 2016 AOCI Components Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Unrealized holding gains (losses) on AFS securities Available-for-sale securities $ 1,800 Net realized investment gains (losses) (3,669 ) Portion of OTTI previously recognized in OCI $ (1,869 ) Total Unrealized holding gains (losses) on cash flow hedges Interest rate swaps $ 197 Net investment income $ 197 Total Total amounts reclassified from AOCI $ (1,672 )

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Affiliated Purchasing and Selling of Investments Between Affiliated Companies	The purchasing and selling of investments between affiliated companies for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, 2017 2016 Investments purchased from related parties: Limited partnerships $ - $ 10,000 Investments sold to related parties: Fixed maturity AFS securities $ - $ 62,859

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Business Segment's Contribution to Select Statements of Income (Loss) Information	The following tables summarize each business segment’s contribution to select Statements of Income (Loss) information for the three months ended March 31, 2017 and 2016: Life Three months ended March 31, 2017 Annuity Insurance Total Policy charge revenue $ 24,011 $ 13,465 $ 37,476 Net Investment income (loss) 14,230 13,714 27,944 Net realized investment gains (losses) (198 ) 229 31 Derivative gains (losses) (24,228 ) - (24,228 ) Total Revenue $ 13,815 $ 27,408 $ 41,223 Interest credited to policyholder liabilities $ 1,686 $ 11,297 $ 12,983 Policy benefits (net of reinsurance recoveries) (16,121 ) 6,631 (9,490 ) Amortization (accretion) of DAC 1,132 - 1,132 Amortization (accretion) of VOBA 1,623 741 2,364 Insurance, general and administrative expenses 8,123 720 8,843 Total Expenses $ (3,557 ) $ 19,389 $ 15,832 Income (Loss) before taxes $ 17,372 $ 8,019 $ 25,391 Income tax expense (benefit) 393 182 575 Net income (loss) $ 16,979 7,837 $ 24,816 Three months ended March 31, 2016 Policy charge revenue $ 23,722 $ 13,317 $ 37,039 Net Investment income (loss) 12,018 14,434 26,452 Net realized investment gains (losses) (222 ) 88 (134 ) Derivative gains (losses) 3,355 16 3,371 Total Revenue $ 38,873 $ 27,855 $ 66,728 Interest credited to policyholder liabilities $ 2,172 $ 11,858 $ 14,030 Policy benefits (net of reinsurance recoveries) 28,653 14,401 43,054 Amortization (accretion) of DAC 942 - 942 Amortization (accretion) of VOBA 1,733 3,647 5,380 Insurance, general and administrative expenses 9,157 769 9,926 Total Expenses $ 42,657 $ 30,675 $ 73,332 Income (Loss) before taxes $ (3,784 ) $ (2,820 ) $ (6,604 ) Income tax expense (benefit) 1,277 (1,277 ) - Net income (loss) $ (5,061 ) (1,543 ) $ (6,604 )

Summary of Significant Accoun31

Summary of Significant Accounting Policies - Additional Information (Detail)	Mar. 31, 2017CountryState
Accounting Policies [Abstract]
Number of countries in which company operates | Country	20
Number of states in which company licensed to sell insurance and annuities | State	49

Hierarchy of Assets and Liabili

Hierarchy of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Assets
Fixed maturity available-for-sale securities, at estimated fair value		$ 1,463,444	$ 1,487,037
Equity available-for-sale securities		33,205	32,551
Derivative assets		2,609	16,526
Fair value recoverable of ceded GMIB embedded derivatives		39,244	48,166
Investments measured at NAV		5,796,266	5,730,860
Liabilities
Derivative liabilities		7,051	15,165
Corporate securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value		892,795	911,851
Asset-backed securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value		49,386	52,587
Commercial mortgage-backed securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value		74,572	76,513
Residential mortgage-backed securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value		68,444	96,177
Municipals
Assets
Fixed maturity available-for-sale securities, at estimated fair value		871	856
Government and government agencies - United States
Assets
Fixed maturity available-for-sale securities, at estimated fair value		351,680	341,379
Government and government agencies - Foreign
Assets
Fixed maturity available-for-sale securities, at estimated fair value		25,696	7,674
Banking securities
Assets
Equity available-for-sale securities		27,405	26,726
Industrial securities
Assets
Equity available-for-sale securities		5,800	5,825
Fair Value, Measurements, Recurring
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	1,463,444	1,487,037
Equity available-for-sale securities	[1]	33,205	32,551
Cash equivalents	[2]	106,058	265,538
Derivative assets	[3]	2,609	16,526
Fair value recoverable of ceded GMIB embedded derivatives	[4]	39,244	48,166
Investments measured at NAV	[5]	5,796,266	5,730,860
Total assets		7,440,826	7,580,678
Liabilities
Future policy benefits (embedded derivatives only)	[6]	48,395	55,143
Derivative liabilities	[3]	7,051	15,165
Total liabilities		55,446	70,308
Fair Value, Measurements, Recurring | Level 1
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	352,955	342,859
Total assets		352,955	342,859
Fair Value, Measurements, Recurring | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	1,097,201	1,134,963
Equity available-for-sale securities	[1]	33,205	32,551
Cash equivalents	[2]	106,058	265,538
Derivative assets	[3]	2,609	16,526
Total assets		1,239,073	1,449,578
Liabilities
Derivative liabilities	[3]	7,051	15,165
Total liabilities		7,051	15,165
Fair Value, Measurements, Recurring | Level 3
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	13,288	9,215
Fair value recoverable of ceded GMIB embedded derivatives	[4]	39,244	48,166
Total assets		52,532	57,381
Liabilities
Future policy benefits (embedded derivatives only)	[6]	48,395	55,143
Total liabilities		48,395	55,143
Fair Value, Measurements, Recurring | Corporate securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value		892,795	911,851	[1]
Fair Value, Measurements, Recurring | Corporate securities | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value		892,795	911,851	[1]
Fair Value, Measurements, Recurring | Asset-backed securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	49,386	52,587
Fair Value, Measurements, Recurring | Asset-backed securities | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	36,098	43,372
Fair Value, Measurements, Recurring | Asset-backed securities | Level 3
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	13,288	9,215
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	74,572	76,513
Fair Value, Measurements, Recurring | Commercial mortgage-backed securities | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	74,572	76,513
Fair Value, Measurements, Recurring | Residential mortgage-backed securities
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	68,444	96,177
Fair Value, Measurements, Recurring | Residential mortgage-backed securities | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	68,444	96,177
Fair Value, Measurements, Recurring | Municipals
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	871	856
Fair Value, Measurements, Recurring | Municipals | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	871	856
Fair Value, Measurements, Recurring | Government and government agencies - United States
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	351,680	341,379
Fair Value, Measurements, Recurring | Government and government agencies - United States | Level 1
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	351,481	341,379
Fair Value, Measurements, Recurring | Government and government agencies - United States | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	199
Fair Value, Measurements, Recurring | Government and government agencies - Foreign
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	25,696	7,674
Fair Value, Measurements, Recurring | Government and government agencies - Foreign | Level 1
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	1,474	1,480
Fair Value, Measurements, Recurring | Government and government agencies - Foreign | Level 2
Assets
Fixed maturity available-for-sale securities, at estimated fair value	[1]	24,222	6,194
Fair Value, Measurements, Recurring | Banking securities
Assets
Equity available-for-sale securities	[1]	27,405	26,726
Fair Value, Measurements, Recurring | Banking securities | Level 2
Assets
Equity available-for-sale securities	[1]	27,405	26,726
Fair Value, Measurements, Recurring | Industrial securities
Assets
Equity available-for-sale securities	[1]	5,800	5,825
Fair Value, Measurements, Recurring | Industrial securities | Level 2
Assets
Equity available-for-sale securities	[1]	$ 5,800	$ 5,825
[1]	The fair values of debt securities are determined by management after taking into consideration several sources of data. When available, the Company uses quoted market prices in active markets to determine the fair value of its debt securities. The Company’s valuation policy utilizes a pricing hierarchy that dictates that publicly available prices are initially sought from indices and third party pricing services. In the event that pricing is not available from these sources, those securities are submitted to brokers to obtain quotes. The majority of brokers’ quotes are non-binding. As part of the pricing process, the Company assesses the appropriateness of each quote (i.e., as to whether the quote is based on observable market transactions or not) to determine the most appropriate estimate of fair value. Lastly, securities are priced using internal cash flow modeling techniques. These valuation methodologies commonly use the following inputs: reported trades, bids, offers, issuer spreads, benchmark yields, estimated prepayment speeds, and/or estimated cash flows. Third-party pricing services and brokers will often determine prices using recently reported trades for identical or similar securities. The third-party pricing services and brokers make adjustments for the elapsed time from the trade date to the Balance Sheet date to take into account available market information. Lacking recently reported trades, third-party pricing services and brokers will use modeling techniques to determine a security price where expected future cash flows are developed based on the performance of the underlying collateral and discounted using an estimated market rate. Periodically, the Company performs an analysis of the inputs obtained from third-party pricing services and brokers to ensure that the inputs are reasonable and produce a reasonable estimate of fair value. The Company’s asset specialists and investment valuation specialists consider both qualitative and quantitative factors as part of this analysis. Several examples of analytical procedures performed include, but are not limited to, recent transactional activity for similar debt securities, review of pricing statistics and trends and consideration of recent relevant market events. Other controls and procedures over pricing received from indices, third-party pricing services, or brokers include validation checks, such as exception reports that highlight significant price changes, stale prices or un-priced securities. Following is additional discussion of the valuation methodologies for certain types of debt securities: Corporate debt securities - Valuations of corporate debt securities are monitored and reviewed on a monthly basis. The pricing hierarchy is dependent on the possibility of corroboration of market prices when available. If no market prices are available, valuations are determined by a discounted cash flow methodology using an internally calculated yield. The yield is comprised of a credit spread over a given benchmark, taking into effect liquidity risk for thinly traded securities. Residential mortgage-backed securities (“RMBS”), commercial mortgage-backed securities (“CMBS”) and asset backed securities (“ABS”) - Valuations of RMBS, CMBS and ABS are monitored and reviewed on a monthly basis. Valuations are based on a pricing hierarchy and, depending on the asset type, the pricing hierarchy consists of a waterfall that starts with making use of market prices from indices and follows with making use of third-party pricing services or brokers. The pricing hierarchy is dependent on the possibility of corroborating the market prices. If no market prices are available, the Company uses either internal models or another available pricing source to determine fair value. Significant inputs included in the internal models are generally determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles. Market standard models may be used to model the specific collateral composition and cash flow structure of each transaction. The most significant unobservable input is the illiquidity premium, which is embedded in the discount rate. Government and government agencies - When available, the Company uses quoted market prices in active markets to determine the fair value of its government and government agencies’ investments. When the Company cannot make use of quoted market prices, market prices from indices or quotes from third-party pricing services or brokers are used. Equity securities – Valuations of equity securities are monitored and reviewed on a monthly basis. When available, the Company uses quoted market prices in active markets to determine the fair value of its equity investments. When the Company cannot make use of quoted market prices, quotes from a third-party vendor, broker, or custodian are used.
[2]	Cash equivalents are primarily valued at amortized cost, which approximates fair value. Operating cash is not included in the above table.
[3]	Level 2 derivatives include interest rate swaps, inflation swaps, variance swaps, total return swaps, and credit default swaps for which the Company utilized readily accessible quoted index levels and broker quotes. The fair value of interest rate swaps is calculated based on the change in the underlying floating rate curve measured using the London Inter-Bank Offered Rate (“LIBOR”) at the reporting date, as compared to the fixed leg of the swap. The fair value for inflation swaps is calculated as the difference between the consumer price index (or related readily accessible quoted inflation index level) at the reporting date and the last reset date, multiplied by the notional value of the swap. The fair value for variance swaps is calculated as the difference between the estimated volatility of the underlying Standard & Poor’s 500 Composite Price Index (“S&P”) at maturity and the actual volatility of the underlying S&P at initiation (i.e., strike) multiplied by the notional value of the swap. Total return swaps are valued based on the change in the underlying equity index as of the last reset date. The fair value for equity options is calculated using the Black-Scholes model and market observable inputs for the underlying market price and volatility surface. Credit default swaps are valued using a discounted cash flow model where future premium payments and protection payments are corrected for the probability of default, which is modeled using an arbitrage free credit spread model.
[4]	The Company reinsures a portion of its variable annuity business that offer GMIB reinsurance. GMIB reinsurance contracts are treated as embedded derivatives since they contain payment provisions for net settlement and are therefore reported separately from the host contract.
[5]	Amounts are comprised of certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy in accordance with Subtopic 820-10. These investments do not have lockup periods.
[6]	The Company recognizes liabilities for contracts containing guaranteed minimum withdrawal benefits ("GMWB") and stand-alone living benefits ("SALB"), which are reported at fair value. The liabilities for the contracts containing GMWB are treated as embedded derivatives, which are required to be reported separately from the host contract. The fair value of these guarantees is calculated as the present value of future expected payments to policyholders less the present value of assessed fees attributable to the guarantees. Given the complexity and long-term nature of the guarantees, their fair values are determined using stochastic techniques under a variety of market return, discount rate and actuarial assumptions. Since two of the assumptions are unobservable and are considered to be significant inputs to the liability valuation, the liability included in future policy benefits has been reflected within Level 3 of the fair value hierarchy.

Hierarchy of Assets and Liabi33

Hierarchy of Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments measured at NAV	$ 5,796,266	$ 5,730,860
Unfunded Commitments	102	0
Separate Accounts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments measured at NAV	5,723,657	5,659,950
Unfunded Commitments	$ 0	0
Redemption Frequency	None
Separate Accounts | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redemption Notice Period	0 days
Separate Accounts | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redemption Notice Period	0 days
Limited Partnership
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments measured at NAV	$ 72,609	70,910
Unfunded Commitments	102	0
Limited Partnership | Private Equity
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments measured at NAV	1,704	1,759
Unfunded Commitments	$ 0	0
Redemption Frequency	None
Limited Partnership | Private Equity | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redemption Notice Period	0 days
Limited Partnership | Private Equity | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redemption Notice Period	0 days
Limited Partnership | Hedge Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments measured at NAV	$ 70,905	69,151
Unfunded Commitments	$ 102	$ 0
Redemption Frequency	Quarterly
Limited Partnership | Hedge Funds | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redemption Notice Period	60 days
Limited Partnership | Hedge Funds | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Redemption Notice Period	65 days

Fair Value of Financial Instr34

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Measurement Inputs, Disclosure [Line Items]
Transfers between Level 1 and 2	$ 0	$ 0
Own credit risk	0.45%	0.50%
Long-term forward rate assumption, minimum	25.00%
Long-term forward rate assumption, maximum	30.00%
Market based implied volatility inputs	5 years
Change in fair value, period	10 years
Standard and Poor's Composite Stock Price Index, Year 20
Fair Value, Measurement Inputs, Disclosure [Line Items]
Long-term forward rate assumption	23.40%	24.00%

Summary of Change in Fair Value

Summary of Change in Fair Value of Level 3 Fixed Maturity AFS Securities (Detail) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period		$ 57,381
Balance at end of period		52,532	$ 57,381
Fixed maturity AFS securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	[1]	9,215	6,666
Change in unrealized gains (losses)	[2]	116	(243)
Purchases		3,999	2,792
Sales		(42)	(326)
Transfers into Level 3			2,113
Transfers out of Level 3			(1,954)
Net realized investment gains	[3]		167
Balance at end of period	[1]	$ 13,288	$ 9,215
[1]	Recorded as a component of fixed maturity AFS securities on the Balance Sheets.
[2]	Recorded as a component of other comprehensive income (loss) in net unrealized holding gains (losses) on AFS securities arising during the period.
[3]	Recorded as a component of net realized investment gains (losses) for fixed maturity in the Statements of Income (Loss).

Summary of Changes in Fair Valu

Summary of Changes in Fair Value of Level 3 Liabilities (Assets) (Detail) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2017	Dec. 31, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, balance at beginning of period		$ 55,143
Liabilities, balance at end of period		48,395	$ 55,143
Assets, Balance at beginning of period		(57,381)
Assets, balance at end of period		(52,532)	(57,381)
GMWB
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, balance at beginning of period	[1]	54,414	60,618
Liabilities, balance at end of period	[1]	47,666	54,414
GMWB | Interest rates
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, gain (loss) included in earnings	[2]	1,532	(4,179)
GMWB | Equity markets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, gain (loss) included in earnings	[2]	(7,963)	(5,988)
GMWB | Other
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, gain (loss) included in earnings	[2]	(317)	3,963
GMIB
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, Balance at beginning of period	[1]	(48,166)	(61,426)
Assets, balance at end of period	[1]	(39,244)	(48,166)
GMIB | Interest rates
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, gain (loss) included in earnings	[2]	(802)	2,262
GMIB | Equity markets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, gain (loss) included in earnings	[2]	9,199	12,560
GMIB | Other
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets, gain (loss) included in earnings	[2]	525	(1,562)
SALB
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, balance at beginning of period	[1]	729	511
Liabilities, balance at end of period	[1]	$ 729	729
SALB | Equity markets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Liabilities, gain (loss) included in earnings	[2]		$ 218
[1]	GMWB and SALB are recorded as a component of future policy benefits on the Balance Sheets and GMIB reinsurance is recorded as recoverable of ceded GMIB embedded derivatives, at fair value on the Balance Sheets.
[2]	Recorded as a component of policy benefits in the Statements of Income (Loss).

Summary of Quantitative Inputs

Summary of Quantitative Inputs and Assumptions of Level 3 Assets and Liabilities (Detail) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Estimated Fair Value		$ 52,532	$ 57,381
Future policy benefits (embedded derivatives), fair value		$ 48,395	$ 55,143
Own credit risk		0.45%	0.50%
Long-term volatility		25.00%
Long-term volatility		30.00%
Fixed maturity AFS securities
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Estimated Fair Value	[1]	$ 13,288	$ 9,215	$ 6,666
Fixed maturity AFS securities | Asset-backed securities
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Estimated Fair Value		$ 13,288	$ 9,215
Fixed maturity AFS securities | Asset-backed securities | Level 3
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Valuation Technique		Broker	Broker
GMIB
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Estimated Fair Value	[2]	$ 39,244	$ 48,166	61,426
GMIB | Level 3
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Valuation Technique		Discounted cash flows	Discounted cash flows
GMIB | Level 3 | Weighted Average
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Own credit risk		45.00%	50.00%
Long-term volatility		25.00%	25.00%
Long-term volatility		30.00%	30.00%
GMWB
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Future policy benefits (embedded derivatives), fair value	[2]	$ 47,666	$ 54,414	60,618
GMWB | Level 3
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Valuation Technique		Discounted cash flows	Discounted cash flows
GMWB | Level 3 | Weighted Average
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Own credit risk		45.00%	50.00%
Long-term volatility		25.00%	25.00%
Long-term volatility		30.00%	30.00%
SALB
Fair Value Inputs Assets And Liabilities Quantitative Information [Line Items]
Future policy benefits (embedded derivatives), fair value	[2]	$ 729	$ 729	$ 511
[1]	Recorded as a component of fixed maturity AFS securities on the Balance Sheets.
[2]	GMWB and SALB are recorded as a component of future policy benefits on the Balance Sheets and GMIB reinsurance is recorded as recoverable of ceded GMIB embedded derivatives, at fair value on the Balance Sheets.

Estimated Fair Value of Assets

Estimated Fair Value of Assets Not Carried at Fair Value on Balance Sheet (Detail) - Estimate of Fair Value, Fair Value Disclosure - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets		$ 752,124	$ 747,854
Level 2
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets		627,399	632,834
Level 3
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets		124,725	115,020
Mortgage loans on real estate
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets	[1]	124,725	115,020
Mortgage loans on real estate | Level 3
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets	[1]	124,725	115,020
Policy loans
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets	[2]	627,399	632,834
Policy loans | Level 2
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items]
Assets	[2]	$ 627,399	$ 632,834
[1]	The fair value of mortgage loans on real estate is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and/or similar remaining maturities.
[2]	Policy loans are stated at unpaid principal balance. The book value of policy loans approximates their fair value.

Amortized Cost_Cost, Gross Unre

Amortized Cost/Cost, Gross Unrealized Gains and Losses, Estimated Fair Values and ("OTTI") Reflected in ("AOCI") of Investments in Fixed Maturity and Equity Available-for-Sale Securities (Detail) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		$ 1,354,397	$ 1,383,787
Gross Unrealized Gains		112,963	109,075
Gross Unrealized Losses		(3,916)	(5,825)
Fixed maturity available-for-sale securities, at estimated fair value		1,463,444	1,487,037
Gross Unrealized OTTI in AOCI	[1]		(5)
Equity available-for-sale securities, cost		31,264	31,264
Gross Unrealized Gains		2,062	1,755
Gross Unrealized Losses		(121)	(468)
Equity available-for-sale securities		33,205	32,551
Gross Unrealized OTTI in AOCI	[1]	0	0
Corporate securities
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		838,340	859,028
Gross Unrealized Gains		57,180	56,387
Gross Unrealized Losses		(2,725)	(3,564)
Fixed maturity available-for-sale securities, at estimated fair value		892,795	911,851
Asset-backed securities
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		49,697	53,421
Gross Unrealized Gains		185	15
Gross Unrealized Losses		(496)	(849)
Fixed maturity available-for-sale securities, at estimated fair value		49,386	52,587
Commercial mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		73,398	75,396
Gross Unrealized Gains		1,642	1,706
Gross Unrealized Losses		(468)	(589)
Fixed maturity available-for-sale securities, at estimated fair value		74,572	76,513
Residential mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		64,241	92,943
Gross Unrealized Gains		4,361	4,004
Gross Unrealized Losses		(158)	(770)
Fixed maturity available-for-sale securities, at estimated fair value		68,444	96,177
Gross Unrealized OTTI in AOCI	[1]		(5)
Municipals
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		908	909
Gross Unrealized Losses		(37)	(53)
Fixed maturity available-for-sale securities, at estimated fair value		871	856
Government and government agencies - United States
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		303,618	295,581
Gross Unrealized Gains		48,063	45,798
Gross Unrealized Losses		(1)
Fixed maturity available-for-sale securities, at estimated fair value		351,680	341,379
Government and government agencies - Foreign
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost		24,195	6,509
Gross Unrealized Gains		1,532	1,165
Gross Unrealized Losses		(31)
Fixed maturity available-for-sale securities, at estimated fair value		25,696	7,674
Banking securities
Schedule of Available-for-sale Securities [Line Items]
Equity available-for-sale securities, cost		25,473	25,473
Gross Unrealized Gains		2,053	1,721
Gross Unrealized Losses		(121)	(468)
Equity available-for-sale securities		27,405	26,726
Gross Unrealized OTTI in AOCI	[1]	0	0
Industrial securities
Schedule of Available-for-sale Securities [Line Items]
Equity available-for-sale securities, cost		5,791	5,791
Gross Unrealized Gains		9	34
Equity available-for-sale securities		5,800	5,825
Gross Unrealized OTTI in AOCI	[1]	$ 0	$ 0
[1]	Represents OTTI in AOCI, which were not included in earnings. Amount excludes $2,364 and $2,446 of unrealized gains at March 31, 2017 and December 31, 2016, respectively.

Amortized Cost_Cost, Gross Un40

Amortized Cost/Cost, Gross Unrealized Gains and Losses, Estimated Fair Values and ("OTTI") Reflected in ("AOCI") of Investments in Fixed Maturity and Equity Available-for-Sale Securities (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Investments Debt And Equity Securities [Abstract]
Unrealized gains	$ 2,364	$ 2,446

Amortized Cost and Estimated Fa

Amortized Cost and Estimated Fair Value of Fixed Maturity Available-for-Sale Securities by Investment Grade (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost	$ 1,354,397	$ 1,383,787
Fixed maturity available-for-sale securities, at estimated fair value	1,463,444	1,487,037
Investment grade
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost	1,272,922	1,294,978
Fixed maturity available-for-sale securities, at estimated fair value	1,375,025	1,393,503
Below investment grade
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, amortized cost	81,475	88,809
Fixed maturity available-for-sale securities, at estimated fair value	$ 88,419	$ 93,534

Investments - Additional Inform

Investments - Additional Information (Detail) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2017USD ($)InvestmentMortgageLoan	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)InvestmentMortgageLoan
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, at estimated fair value		$ 1,463,444		$ 1,487,037
Future
Schedule of Available-for-sale Securities [Line Items]
Collateral, fair value		$ 5,356		$ 5,276
Commercial mortgage loans
Schedule of Available-for-sale Securities [Line Items]
Concentrations of mortgage loans		90.00%
Commercial Mortgage Loans that had Two or more Payments Delinquent
Schedule of Available-for-sale Securities [Line Items]
Mortgage loans on real estate, number of loans | MortgageLoan		0		0
Estimate of Fair Value, Fair Value Disclosure
Schedule of Available-for-sale Securities [Line Items]
Assets		$ 752,124		$ 747,854
Estimate of Fair Value, Fair Value Disclosure | Mortgage loans on real estate
Schedule of Available-for-sale Securities [Line Items]
Total number of securities in an unrealized loss position | Investment		63		81
Number of investment securities | Investment		357		360
Prepayment premiums		$ 62	$ 0
Assets	[1]	124,725		$ 115,020
Deferred net (losses) on derivatives recorded in AOCI that are expected to be reclassified during the next 12 months		(988)
Standard & Poor's, BBB rating
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity available-for-sale securities, at estimated fair value		$ 68,561		$ 65,730
[1]	The fair value of mortgage loans on real estate is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and/or similar remaining maturities.

Amortized Cost and Estimated 43

Amortized Cost and Estimated Fair Value of Fixed Maturity Available-for-Sale Securities by Contractual Maturities (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Amortized cost of fixed maturity AFS securities
Due in one year or less	$ 67,489	$ 56,748
Due after one year through five years	491,767	523,815
Due after five years through ten years	105,991	95,744
Due after ten years	501,814	485,720
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis, Total	1,167,061	1,162,027
Mortgage-backed securities and other asset-backed securities	187,336	221,760
Fixed maturity available-for-sale securities, amortized cost	1,354,397	1,383,787
Estimated fair value of fixed maturity AFS securities
Due in one year or less	68,442	57,489
Due after one year through five years	522,564	555,221
Due after five years through ten years	110,682	99,697
Due after ten years	569,354	549,354
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Total	1,271,042	1,261,761
Mortgage-backed securities and other asset-backed securities	192,402	225,276
Total fixed maturity AFS securities	$ 1,463,444	$ 1,487,037

Estimated Fair Value and Gross

Estimated Fair Value and Gross Unrealized Losses and Other-Than-Temporary Impairments related to Fixed Maturity and Equity Available-for-Sale Securities in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		$ 165,057	$ 228,354
Amortized Cost/Cost		169,094	234,647
Gross Unrealized Losses and OTTI	[1]	(4,037)	(6,293)
Less than or equal to six months
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		131,401	189,619
Amortized Cost/Cost		133,843	193,353
Gross Unrealized Losses and OTTI	[1]	(2,442)	(3,734)
Less than or equal to six months | Fixed maturity AFS securities | Corporate securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		50,468	64,992
Amortized Cost/Cost		52,009	66,625
Gross Unrealized Losses and OTTI	[1]	(1,541)	(1,633)
Less than or equal to six months | Fixed maturity AFS securities | Asset-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		19,318	30,729
Amortized Cost/Cost		19,615	31,253
Gross Unrealized Losses and OTTI	[1]	(297)	(524)
Less than or equal to six months | Fixed maturity AFS securities | Commercial mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		27,320	30,698
Amortized Cost/Cost		27,788	31,285
Gross Unrealized Losses and OTTI	[1]	(468)	(587)
Less than or equal to six months | Fixed maturity AFS securities | Residential mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		19,905	54,987
Amortized Cost/Cost		20,009	55,690
Gross Unrealized Losses and OTTI	[1]	(104)	(703)
Less than or equal to six months | Fixed maturity AFS securities | Government and government agencies - United States
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		10,610
Amortized Cost/Cost		10,611
Gross Unrealized Losses and OTTI	[1]	(1)
Less than or equal to six months | Fixed maturity AFS securities | Government and government agencies - Foreign
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		3,780
Amortized Cost/Cost		3,811
Gross Unrealized Losses and OTTI	[1]	(31)
Less than or equal to six months | Equity AFS securities | Banking securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value			8,213
Amortized Cost/Cost			8,500
Gross Unrealized Losses and OTTI	[1]		(287)
Greater than six months but less than or equal to one year
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		3,630	6,623
Amortized Cost/Cost		3,751	7,104
Gross Unrealized Losses and OTTI	[1]	(121)	(481)
Greater than six months but less than or equal to one year | Fixed maturity AFS securities | Corporate securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value			4,522
Amortized Cost/Cost			4,863
Gross Unrealized Losses and OTTI	[1]		(341)
Greater than six months but less than or equal to one year | Fixed maturity AFS securities | Asset-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		2,879	879
Amortized Cost/Cost		3,000	1,000
Gross Unrealized Losses and OTTI	[1]	(121)	(121)
Greater than six months but less than or equal to one year | Fixed maturity AFS securities | Commercial mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		751	1,010
Amortized Cost/Cost		751	1,012
Gross Unrealized Losses and OTTI	[1]	0	(2)
Greater than six months but less than or equal to one year | Fixed maturity AFS securities | Residential mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value			212
Amortized Cost/Cost			229
Gross Unrealized Losses and OTTI	[1]		(17)
Greater than one year
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		30,026	32,112
Amortized Cost/Cost		31,500	34,190
Gross Unrealized Losses and OTTI	[1]	(1,474)	(2,078)
Greater than one year | Fixed maturity AFS securities | Corporate securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		17,183	19,541
Amortized Cost/Cost		18,367	21,131
Gross Unrealized Losses and OTTI	[1]	(1,184)	(1,590)
Greater than one year | Fixed maturity AFS securities | Asset-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		8,076	7,978
Amortized Cost/Cost		8,154	8,182
Gross Unrealized Losses and OTTI	[1]	(78)	(204)
Greater than one year | Fixed maturity AFS securities | Residential mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		2,221	2,122
Amortized Cost/Cost		2,275	2,172
Gross Unrealized Losses and OTTI	[1]	(54)	(50)
Greater than one year | Fixed maturity AFS securities | Municipals
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		871	856
Amortized Cost/Cost		908	909
Gross Unrealized Losses and OTTI	[1]	(37)	(53)
Greater than one year | Equity AFS securities | Banking securities
Gain (Loss) on Investments [Line Items]
Estimated Fair Value		1,675	1,615
Amortized Cost/Cost		1,796	1,796
Gross Unrealized Losses and OTTI	[1]	$ (121)	$ (181)
[1]	Subsequent unrealized gains (losses) on OTTI securities are included in Net unrealized OTTI on securities in the Statements of Comprehensive Income (Loss).

Fair Value, Gross Unrealized Lo

Fair Value, Gross Unrealized Losses, Other-Than-Temporary Impairments Recognized in Other Comprehensive Income ("OCI") and Number of Securities with Fair Value Declining below Amortized Cost (Detail) $ in Thousands	Mar. 31, 2017USD ($)Investment	Dec. 31, 2016USD ($)Investment
Gain (Loss) on Investments [Line Items]
Estimated Fair Value	$ 165,057	$ 228,354
Decline 20% - 40%
Gain (Loss) on Investments [Line Items]
Estimated Fair Value	1,423	1,375
Gross Unrealized Losses/OTTI	$ (566)	$ (614)
Number of Securities | Investment	1	1
Decline 20% - 40% | Greater than one year
Gain (Loss) on Investments [Line Items]
Estimated Fair Value	$ 1,423	$ 1,375
Gross Unrealized Losses/OTTI	$ (566)	$ (614)
Number of Securities | Investment	1	1

Components of Net Unrealized Ga

Components of Net Unrealized Gains Losses and Other-Than-Temporary Impairments Included in Accumulated Other Comprehensive Income Net of Taxes (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of taxes	$ 61,338	$ 55,350
Unrealized Holding Gains (Losses) on AFS Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), before taxes	82,671	76,683
Unrealized Holding Gains (Losses) on AFS Securities | Fixed maturity AFS securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), before taxes	109,047	103,250
Unrealized Holding Gains (Losses) on AFS Securities | Equity AFS securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), before taxes	1,941	1,287
Unrealized Holding Gains (Losses) on AFS Securities | Valuation of business acquired
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), before taxes	(27,501)	(26,630)
Unrealized Holding Gains (Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), before taxes	(816)	(1,224)
Accumulated Net Unrealized Liability Gain (Loss) | Federal income taxes - deferred
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), before taxes	$ (21,333)	$ (21,333)

Credit Quality of Mortgage Loan

Credit Quality of Mortgage Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	$ 122,386	$ 116,286
Less: allowance for credit losses	(81)	(78)
Total mortgage loans on real estate, net	122,305	116,208
AAA - AA
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	35,970	43,047
A
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	71,482	55,269
BBB
Financing Receivable, Recorded Investment [Line Items]
Mortgage loans on real estate	$ 14,934	$ 17,970

Summary of Securities Lending P

Summary of Securities Lending Program (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities Financing Transaction [Line Items]
Estimated fair value of securities out on loan	$ 45,300	$ 194,996
Securities lending agreements
Securities Financing Transaction [Line Items]
Payables for collateral under securities loaned	46,597	199,412
Amortized cost of securities out on loan	41,375	166,942
Estimated fair value of securities out on loan	$ 45,300	$ 194,996

Summary of Dollar Roll Reverse

Summary of Dollar Roll Reverse Repurchase Agreements (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities Financing Transaction [Line Items]
Estimated fair value of securities pledged	$ 19,905	$ 46,401
Reverse repurchase agreements
Securities Financing Transaction [Line Items]
Payables for reverse repurchase agreements	19,791	46,637
Amortized cost of securities pledged	20,009	47,021
Estimated fair value of securities pledged	$ 19,905	$ 46,401

Maturities of Collateral Underl

Maturities of Collateral Underlying Reverse Repurchase Agreements and Securities Lending Transactions (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements and repurchase-to-maturity transactions	$ 19,905	$ 46,401
Securities lending transactions	45,300	194,996
Total Borrowings	65,205	241,397
Gross amount of recognized liabilities for reverse repurchase agreements and securities lending included on the Balance Sheets	66,388	246,049
Residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements and repurchase-to-maturity transactions	19,905	46,401
Corporate securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	28,853	40,774
Equity AFS securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	34	9,517
Maturity Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	45,300	194,996
Total Borrowings	45,300	194,996
Maturity Overnight and Continuous | Corporate securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	28,853	40,774
Maturity Overnight and Continuous | Equity AFS securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	34	9,517
Maturity up to 30 Days
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements and repurchase-to-maturity transactions	19,905	46,401
Total Borrowings	19,905	46,401
Maturity up to 30 Days | Residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements and repurchase-to-maturity transactions	19,905	46,401
US Government Corporations and Agencies Securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	16,413	144,705
US Government Corporations and Agencies Securities | Maturity Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities lending transactions	$ 16,413	$ 144,705

Notional and Fair Value of Non-

Notional and Fair Value of Non-Qualifying Hedging Instruments Hedging Instruments and Cash Flows Hedges (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Derivative [Line Items]
Derivative, notional value	$ 3,392,774	$ 3,999,755
Derivative, fair value	(4,488)	1,713
Non-qualifying hedging
Derivative [Line Items]
Derivative, notional value	3,342,891	3,949,871
Derivative, fair value	(1,648)	4,715
Non-qualifying hedging | Future | Short
Derivative [Line Items]
Derivative, notional value	5,423	25,157
Non-qualifying hedging | Future | Long
Derivative [Line Items]
Derivative, notional value	52,168	55,071
Non-qualifying hedging | Interest Rate Swap
Derivative [Line Items]
Derivative, notional value	251,000	251,000
Derivative, fair value	(3,429)	(2,799)
Non-qualifying hedging | Variance swaps
Derivative [Line Items]
Derivative, notional value	540	540
Derivative, fair value	(3,464)	(1,835)
Non-qualifying hedging | Total Return Swap
Derivative [Line Items]
Derivative, notional value	800,910	1,405,253
Derivative, fair value	(8,154)	(16,487)
Non-qualifying hedging | Options
Derivative [Line Items]
Derivative, notional value	2,002,850	2,002,850
Derivative, fair value	7,616	24,525
Non-qualifying hedging | Credit Default Swaps
Derivative [Line Items]
Derivative, notional value	230,000	210,000
Derivative, fair value	5,783	1,311
Designated as Hedging Instrument | Cash Flow Hedging
Derivative [Line Items]
Derivative, notional value	49,883	49,883
Derivative, fair value	(2,840)	(3,002)
Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedging
Derivative [Line Items]
Derivative, notional value	49,883	49,883
Derivative, fair value	$ (2,840)	$ (3,002)

Net Derivative Gains (Losses) R

Net Derivative Gains (Losses) Recognized in Statements of Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	$ (24,228)	$ 3,371
Future | Short
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	(724)	(1,304)
Future | Long
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	255	3,853
Variance swaps
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	(1,629)	(637)
Total Return Swap
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	(4,902)	(6,043)
Options
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	(16,909)	(1,451)
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	(629)	8,692
Credit Default Swaps
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains (losses)	$ 310	$ 261

Maximum Potential Amount of Fut

Maximum Potential Amount of Future Payments, Credit Rating and Maturity Dates for Credit Default Swaps (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Credit Derivatives [Line Items]
Maximum Potential Amount of Future Payments	$ 230,000	$ 210,000
Corporate securities
Credit Derivatives [Line Items]
Maximum Potential Amount of Future Payments	$ 120,000	$ 120,000
Corporate securities | Minimum
Credit Derivatives [Line Items]
Maturity Date Range	2017-06	2017-06
Corporate securities | Maximum
Credit Derivatives [Line Items]
Maturity Date Range	2021-12	2020-12
Corporate securities | Credit Rating
Credit Derivatives [Line Items]
Credit Rating	AA-A	A
Sovereign Debt Securities
Credit Derivatives [Line Items]
Maximum Potential Amount of Future Payments	$ 110,000	$ 90,000
Sovereign Debt Securities | Minimum
Credit Derivatives [Line Items]
Maturity Date Range	2017-06	2017-06
Sovereign Debt Securities | Maximum
Credit Derivatives [Line Items]
Maturity Date Range	2021-12	2021-12
Sovereign Debt Securities | Credit Rating
Credit Derivatives [Line Items]
Credit Rating	AA-A	AA-A

Components of Gains or Losses o

Components of Gains or Losses on Derivatives Qualifying as Cash Flow Hedges (Detail) - Cash Flow Hedging - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in OCI on Derivatives (Effective Portion)	$ 408	$ (1,347)
Net Realized Gains (Losses) Recognized in Income on Derivatives (Ineffective Portion)	1	1
Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCI into Net Investment Income (Effective Portion)	(247)	197
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in OCI on Derivatives (Effective Portion)	408	(1,347)
Net Realized Gains (Losses) Recognized in Income on Derivatives (Ineffective Portion)	1	1
Interest Rate Swap | Net Investment Income
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCI into Net Investment Income (Effective Portion)	$ (247)	$ 197

Offsetting of Derivative Assets

Offsetting of Derivative Assets And Liabilities (Detail) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Assets
Gross estimated fair value of derivatives		$ 21,543	$ 39,022
Estimated fair value of derivatives presented on the Balance Sheets		2,609	16,526
Net amount after application of master netting agreements and collateral		52	1,304
Liabilities
Gross estimated fair value of derivatives		26,031	37,309
Estimated fair value of derivatives presented on the Balance Sheets		7,051	15,165
Net amount after application of master netting agreements and collateral		1,959	916
OTC - Bilateral
Assets
Gross estimated fair value of derivatives		19,735	37,344
Amounts offset on the balance sheets	[1]	(13,743)	(18,014)
Cash collateral	[2],[3]	(3,383)	(2,804)
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	[4]	(2,557)	(15,222)
Liabilities
Gross estimated fair value of derivatives		20,794	32,832
Amounts offset on the balance sheet	[1]	(13,743)	(18,014)
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	[4]	(5,092)	(14,249)
OTC - Cleared
Assets
Gross estimated fair value of derivatives		1,808	1,678
Amounts offset on the balance sheets	[1]	(1,808)	(1,678)
Liabilities
Gross estimated fair value of derivatives		5,237	4,477
Amounts offset on the balance sheet	[1]	(1,808)	(1,678)
Cash collateral	[2],[3]	$ (3,429)	$ (2,452)
[1]	Estimated fair value of derivatives is limited to the amount that is subject to set-off
[2]	The amount of cash collateral offset in the table above is limited to the net estimated fair value of derivatives after application of netting agreements. Cash collateral received for over-the-counter ("OTC") OTC-Bilateral and OTC-Cleared derivatives is included in cash and cash equivalents, short-term investments, or fixed maturity securities, and the obligation to return it, beyond what is already being setoff, is included in payables for collateral under securities loaned, reverse repurchase agreements and derivatives. At March 31, 2017, the Company received $537 of excess cash collateral. The Company had no excess cash collateral received from counterparties at December 31, 2016
[3]	The receivable for the return of cash collateral provided to the counterparty, beyond what is being setoff, is included in other assets. The amount reported in the table above does not include initial margin on Exchange-Traded and OTC-Cleared derivatives. At March 31, 2017, the Company provided excess cash collateral of $178, which is not included in the table above due to the foregoing limitation. At December 31, 2016, the Company had no excess cash collateral provided to counterparties.
[4]	Securities collateral received or pledged by the Company is held in separate custodial accounts and is not recorded on the Balance Sheets. The amount of securities collateral offset in the table above is limited to the net estimated fair value of derivatives after application of netting agreements and cash collateral. At March 31, 2017 and December 31, 2016, the Company received excess securities collateral with an estimated fair value of $2,320 and $395, respectively, for its OTC-Bilateral derivatives, which are not included in the table above due to the foregoing limitation. At March 31, 2017 and December 31, 2016, the Company provided excess securities collateral with an estimated fair value of $1,730 and $1,878, respectively, for its OTC-Bilateral derivatives, which are not included in the table above due to the foregoing limitation. At March 31, 2017 and December 31, 2016, the Company also provided securities initial margin with an estimated fair value of $11,324 and $11,291, respectively, for its OTC-Cleared derivatives, which are not included in the table above.

Offsetting of Derivative Asse56

Offsetting of Derivative Assets And Liabilities (Parenthetical) (Detail) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Offsetting Derivatives Financial Assets And Financial Liabilities [Line Items]
Excess cash collateral received on derivatives	$ 537,000	$ 0
Excess cash collateral provided on derivatives	178,000	0
OTC - Bilateral
Offsetting Derivatives Financial Assets And Financial Liabilities [Line Items]
Excess securities collateral received on derivatives	2,320,000	395,000
Excess securities collateral provided on derivatives	1,730,000	1,878,000
OTC - Cleared
Offsetting Derivatives Financial Assets And Financial Liabilities [Line Items]
Excess securities collateral provided on derivatives	$ 11,324,000	$ 11,291,000

Net Investment Income (Loss) By

Net Investment Income (Loss) By Source (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net Investment Income [Line Items]
Gross investment income	$ 29,166	$ 27,572
Less investment expenses	(1,222)	(1,120)
Net investment income (loss)	27,944	26,452
Limited partnership
Net Investment Income [Line Items]
Gross investment income	1,664	(2,540)
Fixed maturity AFS securities
Net Investment Income [Line Items]
Gross investment income	15,464	17,366
Equity AFS securities
Net Investment Income [Line Items]
Gross investment income	418	465
Mortgage loans on real estate
Net Investment Income [Line Items]
Gross investment income	1,463	1,203
Policy loans
Net Investment Income [Line Items]
Gross investment income	8,220	8,608
Derivatives
Net Investment Income [Line Items]
Gross investment income	1,590	1,912
Cash and Cash Equivalents
Net Investment Income [Line Items]
Gross investment income	274	451
Other
Net Investment Income [Line Items]
Gross investment income	$ 73	$ 107

Proceeds and Gross Realized Inv

Proceeds and Gross Realized Investment Gains (Losses) from Sale of Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Investments Debt And Equity Securities [Abstract]
Proceeds	$ 53,703	$ 101,543
Gross realized investment gains	593	3,879
Gross realized investment losses	(516)	(276)
Proceeds on AFS securities sold at a realized loss	$ 53,703	$ 7,915

Net Realized Investment Gains (

Net Realized Investment Gains (Losses) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	$ 31	$ (134)
Fixed maturity AFS securities
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	77	(273)
Equity AFS securities
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)		207
Mortgage loans on real estate
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	58	(9)
Valuation of business acquired
Gain (Loss) on Investments [Line Items]
Net realized investment gains (losses)	$ (104)	$ (59)

Credit Loss Impairments on Fixe

Credit Loss Impairments on Fixed Maturity Securities, Non-Credit Portion of Other-Than-Temporary Impairment Loss Recognized in Other Comprehensive Income, and Corresponding Changes (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Investments Debt And Equity Securities [Abstract]
Balance at beginning of period	$ (2,040)	$ (935)
Additional credit loss impairments recognized in the current period on securities previously impaired through OCI		121
Accretion of credit loss impairments previously recognized	(366)	(1,226)
Balance at end of period	$ (2,406)	$ (2,040)

Components of Other-Than-Tempor

Components of Other-Than-Temporary Impairments Reflected in Statements of Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
OTTI Losses on Securities	$ 0	$ 3,669
Net OTTI Losses Recognized in OCI	0	0
Net OTTI Losses Recognized in Income	0	3,669
Gross OTTI losses
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
OTTI Losses on Securities	0	3,669
Net OTTI Losses Recognized in OCI	0	0
Net OTTI Losses Recognized in Income	$ 0	$ 3,669

Change in Carrying Amount of Va

Change in Carrying Amount of Value of Business Acquired (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Business Acquisition, Acquisition Related Costs [Line Items]
Net realized investment gains (losses)	$ 31	$ (134)
Adjustment related to unrealized (gains) losses and OTTI on investments	871	5,098
Valuation of business acquired
Business Acquisition, Acquisition Related Costs [Line Items]
Amortization expense	(2,227)	(5,371)
Unlocking	(137)	(9)
Net realized investment gains (losses)	(104)	(59)
Adjustment related to unrealized (gains) losses and OTTI on investments	(871)	(5,098)
Change in VOBA carrying amount	$ (3,339)	$ (10,537)

Change in Carrying Amount of De

Change in Carrying Amount of Deferred Acquisition Costs (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
DAC
Capitalization	$ 10	$ 3
Accretion (amortization) expense	(967)	(932)
Unlocking	(166)	(10)
Change in DAC carrying amount	$ (1,123)	$ (939)

Changes in Variable Annuity Gua

Changes in Variable Annuity Guaranteed Minimum Death Benefits, Guaranteed Minimum Income Benefits and Guaranteed Minimum Withdrawal Benefits Liabilities (Detail) - Variable Annuity Contracts - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
GMDB
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Guaranteed benefits incurred	$ 5,969	$ 6,380
Guaranteed benefits paid	(4,634)	(6,114)
Unlocking	(13,657)	7,471
Total	(12,322)	7,737
GMIB
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Guaranteed benefits incurred	3,061	3,236
Guaranteed benefits paid	(1,294)	(98)
Unlocking	(13,105)	7,091
Total	(11,338)	10,229
GMWB
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Change in fair value reserves	(6,748)	13,446
Total	$ (6,748)	$ 13,446

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Investments, Owned, Federal Income Tax Note [Line Items]
Federal statutory rate	35.00%		35.00%
Income tax expense (benefit)	$ 575		$ 0
Valuation allowance for deferred tax assets	145,235	$ 154,440		$ 154,440
Unrecognized income tax benefit, net	4,391	4,391		4,391	$ 3,404
Unrecognized income tax benefit, gross	12,547	12,547		12,547
Permanent tax benefit		7,391
Operating loss carry forward	$ 583,013	627,860		627,860
Operating loss carry forward, expiration period	15 years
Alternative minimum tax credit carry forward	$ 4,216	4,216		4,216
Penalties expense related to federal income tax	0		0
Interest expense (income) related to federal income tax	37		$ 45
Interest payable arising from income tax examinations	199	161		161
Return of capital to Transamerica Corporation	(13,400)			(13,381)
Foreign
Investments, Owned, Federal Income Tax Note [Line Items]
Tax credit carry forward	$ 9,943	9,776		$ 9,776
Foreign tax credit carry forward, expiration date in year	10 years			10 years
Capital Loss Carry forward
Investments, Owned, Federal Income Tax Note [Line Items]
Tax credit carry forward	$ 84	$ 84		$ 84
Capital loss tax credit carry forward, expiration date in year	5 years			5 years
Capital loss tax credit carry forward, expiration year	2,018
Earliest Tax Year
Investments, Owned, Federal Income Tax Note [Line Items]
Company's tax year		2,011
Operating loss carry forward, expiration year	2,023
Latest Tax Year
Investments, Owned, Federal Income Tax Note [Line Items]
Company's tax year		2,015
Operating loss carry forward, expiration year	2,031
Latest Tax Year | Foreign
Investments, Owned, Federal Income Tax Note [Line Items]
Foreign tax credit carry forward, expiration year	2,027

Income Tax Asset (Liability) (D

Income Tax Asset (Liability) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Income Taxes [Line Items]
Net income tax asset (liability)	$ 1	$ 576
State and Local Jurisdiction
Income Taxes [Line Items]
Current federal income tax asset (liability)	$ 1	1
Deferred federal income tax asset (liability)		$ 575

Components of Change in Unrecog

Components of Change in Unrecognized Tax Benefits (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Schedule Of Investments [Abstract]
Balance at beginning of period	$ 3,404
Additions for tax positions of prior years	987
Balance at end of period	$ 4,391

Accumulated Other Comprehensi68

Accumulated Other Comprehensive Income by Component (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	$ 1,106,392
Total other comprehensive income (loss), net of taxes	5,988	$ 39,744
Balance at end of period	1,123,756		$ 1,106,392
Unrealized Holding Gains (Losses) on AFS Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	104,538	95,533	95,533
OCI before reclassifications	5,919	44,320
Amounts reclassified from AOCI	532	1,869
Net current period OCI	6,451	46,189
Tax expense (benefit)	0	0
Total other comprehensive income (loss), net of taxes	6,451	46,189
Balance at end of period	110,989	141,722	104,538
Unrealized Holding Gains (Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(1,225)	4,202	4,202
OCI before reclassifications	161	(1,150)
Amounts reclassified from AOCI	247	(197)
Net current period OCI	408	(1,347)
Tax expense (benefit)	0	0
Total other comprehensive income (loss), net of taxes	408	(1,347)
Balance at end of period	(817)	2,855	(1,225)
OCI Adjustments for Policy holder liabilities, VOBA, and Deferred Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	(47,963)	(43,144)	(43,144)
OCI before reclassifications	(871)	(5,098)
Net current period OCI	(871)	(5,098)
Tax expense (benefit)	0	0
Total other comprehensive income (loss), net of taxes	(871)	(5,098)
Balance at end of period	(48,834)	(48,242)	(47,963)
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period	55,350	56,591	56,591
OCI before reclassifications	5,209	38,072
Amounts reclassified from AOCI	779	1,672
Net current period OCI	5,988	39,744
Tax expense (benefit)	0	0
Total other comprehensive income (loss), net of taxes	5,988	39,744	(1,241)
Balance at end of period	$ 61,338	$ 96,335	$ 55,350

Reclassifications out of AOCI (

Reclassifications out of AOCI (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized investment gains (losses)	$ 31	$ (134)
Portion of OTTI previously recognized in OCI		3,669
Net investment income	27,944	26,452
Total amounts reclassified from AOCI	(779)	(1,672)
Reclassification out of Accumulated Other Comprehensive Income | Unrealized Holding Gains (Losses) on AFS Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized investment gains (losses)	(532)	1,800
Portion of OTTI previously recognized in OCI		(3,669)
Income (Loss) Before Taxes	(532)	(1,869)
Reclassification out of Accumulated Other Comprehensive Income | Unrealized Holding Gains (Losses) on Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income (Loss) Before Taxes	(247)	197
Net investment income	$ (247)	$ 197

Stockholder's Equity and Stat70

Stockholder's Equity and Statutory Accounting Principles - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	$ 51,392	$ (61,541)
Statutory capital and surplus	738,178		$ 696,073
Cash dividend paid	0	0
Return of capital to Transamerica Corporation /TA Corp	(13,400)		(13,381)
Additional Paid-in Capital
Statutory Accounting Practices [Line Items]
Return of capital to Transamerica Corporation /TA Corp	$ 13,440	$ 30,489	$ 88,341

Reinsurance - Additional Inform

Reinsurance - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Maximum amount of mortality risk retained	$ 1,000,000
Reinsurance receivables - net	330,000	$ 166,000
Reinsurance payables - net	200,000	203,000
Reinsurance reserve	$ 0	$ 0
GMIB
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Percentage of account values for variable annuity contracts reinsured	34.00%	34.00%
GMDB
Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]
Percentage of account values for variable annuity contracts reinsured	4.00%	4.00%

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Expense incurred as result of multiple service agreements	$ 2,707	$ 2,414
Intercompany short-term note receivable	0	$ 25,000
Interest on intercompany note receivable		0.36%
Interest income accrued and/or received due to intercompany arrangements	0	$ 17
AEGON USA Realty Advisors, LLC
Related Party Transaction [Line Items]
Expense incurred as result of multiple service agreements	51	42
AEGON USA Investment Management LLC
Related Party Transaction [Line Items]
Expense incurred as result of multiple service agreements	491	493
Transamerica Capital, Inc.
Related Party Transaction [Line Items]
Expense incurred as result of multiple service agreements	5,558	6,152
Transamerica Asset Management, Inc.
Related Party Transaction [Line Items]
Expense incurred as result of multiple service agreements	79	76
Distribution and shareholder services agreement
Related Party Transaction [Line Items]
Revenue from participation agreement	$ 600	$ 491

Affiliated Purchasing and Selli

Affiliated Purchasing and Selling of Investments Between Affiliated Companies (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Investments purchased from related parties, Limited partnerships	$ 870	$ 10,500
Investments sold to related parties	$ 53,703	101,543
Affiliated companies
Related Party Transaction [Line Items]
Investments purchased from related parties, Limited partnerships		10,000
Affiliated companies | Fixed maturity AFS securities
Related Party Transaction [Line Items]
Investments sold to related parties		$ 62,859

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Estimated liability for future guarantee fund assessment	$ 140	$ 140
Receivable for future premium tax deduction	$ 4,012	$ 4,012

Business Segment's Contribution

Business Segment's Contribution to Select Statements of Income (Loss) Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Policy charge revenue	$ 37,476	$ 37,039
Net investment income	27,944	26,452
Net realized investment gains (losses)	31	(134)
Derivative gains (losses)	(24,228)	3,371
Total Revenues	41,223	66,728
Interest credited to policyholder liabilities	12,983	14,030
Policy benefits (net of reinsurance recoveries)	(9,490)	43,054
Amortization (accretion) of DAC	1,132	942
Amortization (accretion) of VOBA	2,364	5,380
Insurance, general and administrative expenses	8,843	9,926
Total Benefits and Expenses	15,832	73,332
Income (Loss) Before Taxes	25,391	(6,604)
Income Tax Expense (Benefit)	575	0
Net Income (Loss)	24,816	(6,604)
Operating Segments | Annuity
Segment Reporting Information [Line Items]
Policy charge revenue	24,011	23,722
Net investment income	14,230	12,018
Net realized investment gains (losses)	(198)	(222)
Derivative gains (losses)	(24,228)	3,355
Total Revenues	13,815	38,873
Interest credited to policyholder liabilities	1,686	2,172
Policy benefits (net of reinsurance recoveries)	(16,121)	28,653
Amortization (accretion) of DAC	1,132	942
Amortization (accretion) of VOBA	1,623	1,733
Insurance, general and administrative expenses	8,123	9,157
Total Benefits and Expenses		42,657
Income (Loss) Before Taxes	17,372	(3,784)
Income Tax Expense (Benefit)	393	1,277
Net Income (Loss)	16,979	(5,061)
Operating Segments | Life Insurance
Segment Reporting Information [Line Items]
Policy charge revenue	13,465	13,317
Net investment income	13,714	14,434
Net realized investment gains (losses)	229	88
Derivative gains (losses)	0	16
Total Revenues	27,408	27,855
Interest credited to policyholder liabilities	11,297	11,858
Policy benefits (net of reinsurance recoveries)	6,631	14,401
Amortization (accretion) of DAC	0	0
Amortization (accretion) of VOBA	741	3,647
Insurance, general and administrative expenses	720	769
Total Benefits and Expenses	19,389	30,675
Income (Loss) Before Taxes	8,019	(2,820)
Income Tax Expense (Benefit)	182	(1,277)
Net Income (Loss)	7,837	$ (1,543)
Intersegment Eliminations | Annuity
Segment Reporting Information [Line Items]
Total Benefits and Expenses	$ (3,557)