American National 10-Q 6 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 02, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	ANAT
Entity Registrant Name	AMERICAN NATIONAL INSURANCE CO /TX/
Entity Central Index Key	904,163
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		26,891,502

Consolidated Statements of Fina

Consolidated Statements of Financial Position (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Fixed maturity, bonds held-to-maturity, at amortized cost (Fair value $7,993,004 and $8,652,913)	$ 7,689,551	$ 8,225,050
Fixed maturity, bonds available-for-sale, at fair value (Amortized cost $5,188,738 and $4,694,716)	5,334,656	4,921,807
Equity securities, at fair value (Cost $769,033 and $739,384)	1,410,636	1,516,978
Mortgage loans on real estate, net of allowance	3,444,403	3,359,586
Policy loans	406,728	405,979
Investment real estate, net of accumulated depreciation of $206,129 and $193,611	539,571	479,062
Short-term investments	494,496	431,000
Other invested assets	186,123	220,255
Total investments	19,506,164	19,559,717
Cash and cash equivalents	169,473	209,455
Investments in unconsolidated affiliates	342,841	311,779
Accrued investment income	182,181	185,943
Reinsurance recoverables	410,913	428,654
Prepaid reinsurance premiums	70,981	56,019
Premiums due and other receivables	301,847	280,587
Deferred policy acquisition costs	1,289,127	1,253,544
Property and equipment, net	122,016	110,794
Current tax receivable		8,669
Other assets	141,587	137,856
Separate account assets	894,890	1,001,515
Total assets	23,432,020	23,544,532
LIABILITIES
Life	2,816,934	2,770,232
Annuity	1,061,183	1,006,748
Accident and health	66,997	58,364
Policyholders' account balances	10,669,681	10,781,285
Policy and contract claims	1,269,929	1,297,708
Unearned premium reserve	822,640	755,051
Other policyholder funds	343,068	344,090
Liability for retirement benefits	186,548	195,712
Notes payable	126,145	108,177
Current tax liability	7,608
Deferred tax liabilities, net	226,894	287,175
Other liabilities	494,469	498,528
Separate account liabilities	894,890	1,001,515
Total liabilities	18,986,986	19,104,585
STOCKHOLDERS' EQUITY
Common stock, $1.00 par value, - Authorized 50,000,000, Issued 30,832,449 and 30,832,449, Outstanding 26,891,502 and 26,871,942 shares	30,832	30,832
Additional paid-in capital	13,215	9,248
Accumulated other comprehensive income	376,041	490,782
Retained earnings	4,115,757	3,998,642
Treasury stock, at cost	(102,082)	(101,941)
Total American National stockholders' equity	4,433,763	4,427,563
Noncontrolling interest	11,271	12,384
Total stockholders' equity	4,445,034	4,439,947
Total liabilities and stockholders' equity	$ 23,432,020	$ 23,544,532

Consolidated Statements of Fin3

Consolidated Statements of Financial Position (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Fair value of bonds held-to-maturity	$ 7,993,004	$ 8,652,913
Amortized cost of bonds available-for-sale	5,188,738	4,694,716
Cost of equity securities	769,033	739,384
Accumulated depreciation of investment real estate	$ 206,129	$ 193,611
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	30,832,449	30,832,449
Common stock, shares outstanding	26,891,502	26,871,942

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Premiums
Life	$ 78,397	$ 79,492	$ 225,550	$ 224,165
Annuity	43,514	34,661	110,045	148,250
Accident and health	45,638	53,454	148,610	164,169
Property and casualty	291,486	279,429	849,876	820,953
Other policy revenues	60,271	55,255	175,392	167,041
Net investment income	184,482	236,489	597,357	697,604
Net realized investment gains (losses)	7,528	(649)	63,598	27,548
Other-than-temporary impairments	(19,407)	(1,608)	(22,904)	(3,045)
Other income	7,950	9,647	26,408	26,707
Total premiums and other revenues	699,859	746,170	2,173,932	2,273,392
Policyholder benefits
Life	94,087	83,740	273,275	257,505
Annuity	54,720	43,893	145,237	180,372
Claims incurred
Accident and health	46,236	33,193	110,289	109,859
Property and casualty	179,699	180,413	583,871	563,650
Interest credited to policyholders' account balances	57,509	83,746	202,477	258,952
Commissions for acquiring and servicing policies	111,618	97,608	308,290	299,992
Other operating expenses	121,498	118,002	368,159	357,043
Change in deferred policy acquisition costs	(12,168)	10,800	(5,092)	10,854
Total benefits, losses and expenses	653,199	651,395	1,986,506	2,038,227
Income before federal income tax and equity in earnings of unconsolidated affiliates	46,660	94,775	187,426	235,165
Less: Provision (benefit) for federal income taxes
Current	30,037	25,104	76,546	59,337
Deferred	(11,903)	3,431	2,488	9,759
Total provision for federal income taxes	18,134	28,535	79,034	69,096
Equity in earnings of unconsolidated affiliates	16,339	3,576	73,385	12,181
Net income	44,865	69,816	181,777	178,250
Less: Net income attributable to noncontrolling interest, net of tax	2,852	2,877	1,729	1,883
Net income attributable to American National	$ 42,013	$ 66,939	$ 180,048	$ 176,367
Earnings per share
Basic	$ 1.56	$ 2.50	$ 6.70	$ 6.58
Diluted	1.56	2.49	6.68	6.55
Cash dividends to common stockholders	$ 0.80	$ 0.77	$ 2.34	$ 2.31
Weighted average common shares outstanding	26,899,683	26,805,535	26,865,359	26,800,835
Weighted average common shares outstanding and dilutive potential common shares	26,963,635	26,911,507	26,945,386	26,919,414

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 44,865	$ 69,816	$ 181,777	$ 178,250
Other comprehensive income (loss), net of tax
Change in net unrealized gain (losses) on securities	(70,900)	(17,708)	(117,203)	89,051
Foreign currency transaction and translation adjustments	(1,437)	(476)	(2,087)	(577)
Defined pension benefit plan adjustment	1,517	718	4,549	2,152
Other comprehensive income (loss), net of tax	(70,820)	(17,466)	(114,741)	90,626
Total comprehensive income (loss)	(25,955)	52,350	67,036	268,876
Less: Comprehensive income attributable to noncontrolling interest	2,852	2,877	1,729	1,883
Total comprehensive income (loss) attributable to American National	$ (28,807)	$ 49,473	$ 65,307	$ 266,993

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]
Balance at beginning of the period at Dec. 31, 2013		$ 30,832	$ 4,650	$ 413,712	$ 3,836,112	$ (97,441)	$ 12,757
Contributions							478
Reissuance (purchase) of treasury shares			1,635			(4,500)
Net income attributable to American National	$ 176,367				176,367
Other comprehensive income (loss)	90,626			90,626
Distributions							(2,839)
Amortization of restricted stock			2,577
Cash dividends to common stockholders					(62,113)
Gain attributable to noncontrolling interest							1,883
Balance at end of the period at Sep. 30, 2014	4,404,736	30,832	8,862	504,338	3,950,366	(101,941)	12,279
Balance at beginning of the period at Dec. 31, 2014	4,439,947	30,832	9,248	490,782	3,998,642	(101,941)	12,384
Contributions							32
Reissuance (purchase) of treasury shares			3,032			(141)
Net income attributable to American National	180,048				180,048
Other comprehensive income (loss)	(114,741)			(114,741)
Distributions							(2,874)
Amortization of restricted stock			935
Cash dividends to common stockholders					(62,933)
Gain attributable to noncontrolling interest							1,729
Balance at end of the period at Sep. 30, 2015	$ 4,445,034	$ 30,832	$ 13,215	$ 376,041	$ 4,115,757	$ (102,082)	$ 11,271

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
OPERATING ACTIVITIES
Net income	$ 181,777	$ 178,250
Adjustments to reconcile net income to net cash provided by operating activities
Net realized investment gains	(63,598)	(27,548)
Other-than-temporary impairments	22,904	3,045
Amortization of premiums, discounts and loan origination fees	2,043	6,316
Net capitalized interest on policy loans and mortgage loans	(23,300)	(23,988)
Depreciation	32,665	26,421
Interest credited to policyholders' account balances	202,477	258,952
Charges to policyholders' account balances	(175,392)	(167,041)
Deferred federal income tax expense	2,488	9,759
Equity in earnings of unconsolidated affiliates	(73,385)	(12,181)
Distributions from equity method investments	549	679
Changes in
Policyholder liabilities	155,778	166,392
Deferred policy acquisition costs	(5,092)	10,854
Reinsurance recoverables	17,741	4,218
Premiums due and other receivables	(21,814)	(15,189)
Prepaid reinsurance premiums	(14,962)	2,188
Accrued investment income	3,763	(3,729)
Current tax receivable/payable	16,277	14,104
Liability for retirement benefits	(9,164)	(17,453)
Other, net	7,361	(40,979)
Net cash provided by operating activities	259,116	373,070
INVESTING ACTIVITIES
Held-to-maturity securities	906,026	442,748
Available-for-sale securities	380,287	705,681
Investment real estate	14,247	45,843
Mortgage loans	632,309	421,023
Policy loans	42,309	41,331
Other invested assets	25,070	34,537
Disposals of property and equipment	1,397	2,571
Distributions from unconsolidated affiliates	122,162	49,403
Held-to-maturity securities	(360,768)	(356,452)
Available-for-sale securities	(883,242)	(883,346)
Investment real estate	(58,536)	(28,865)
Mortgage loans	(718,410)	(444,140)
Policy loans	(18,747)	(21,721)
Other invested assets	(31,078)	(14,376)
Additions to property and equipment	(28,931)	(13,038)
Contributions to unconsolidated affiliates	(90,222)	(40,333)
Change in short-term investments	(63,495)	149,043
Other, net	17,021	3,834
Net cash provided by (used in) investing activities	(112,601)	93,743
FINANCING ACTIVITIES
Policyholders' account deposits	941,340	783,255
Policyholders' account withdrawals	(1,080,029)	(1,162,898)
Change in notes payable	17,967	(4,500)
Dividends to stockholders	(62,933)	(62,113)
Payments to noncontrolling interest	(2,842)	(2,361)
Net cash used in financing activities	(186,497)	(448,617)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(39,982)	18,196
Beginning of the period	209,455	117,946
End of the period	$ 169,473	$ 136,142

Nature of Operations

Nature of Operations	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note 1 – Nature of Operations American National Insurance Company and its consolidated subsidiaries (collectively “American National” or “the Company”) offer a broad spectrum of insurance products, including individual and group life insurance, annuities, health insurance, and property and casualty insurance. Business is conducted in all 50 states, the District of Columbia and Puerto Rico.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Practices	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and Practices	Note 2 – Summary of Significant Accounting Policies and Practices The consolidated financial statements and notes thereto have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency. American National consolidates entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as variable interest entities in which American National is the primary beneficiary. Intercompany balances and transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting. Certain amounts in prior years have been reclassified to conform to current year presentation. The interim consolidated financial statements and notes herein are unaudited and reflect all adjustments which management considers necessary for the fair presentation of the interim consolidated statements of financial position, operations, comprehensive income, changes in stockholders’ equity, and cash flows. The interim consolidated financial statements and notes should be read in conjunction with the annual consolidated financial statements and notes thereto included in American National’s Annual Report on Form 10-K as of and for the year ended December 31, 2014. The consolidated results of operations for the interim periods should not be considered indicative of results to be expected for the full year. The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Note 3 – Recently Issued Accounting Pronouncements Adoption of New Accounting Standards In January 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-01, Accounting for Investments in Qualified Affordable Housing Projects. The new standard allows a proportional amortization approach and treats the net investment performance as a component of income tax expense. Previously, these investments were accounted for under the equity method that records changes to investment value as a component of investment income and generates a deferred tax balance until the investment terminates. American National adopted this standard effective January 1, 2015, with retrospective adoption as of January 1, 2013. Accordingly, upon adoption the investment in unconsolidated affiliate’s asset was reduced by $7,504,000 with a release of a related deferred tax liability of $2,937,000 resulting in a $4,567,000 reduction in the opening balance of stockholders’ equity at January 1, 2015. Financial statement amounts previously reported were revised as shown below (in thousands): As of December 31, 2014 As Reported As Adjusted Effect of Change Investment in unconsolidated affiliates $ 319,283 $ 311,779 $ (7,504 ) Deferred tax liabilities, net 290,112 287,175 (2,937 ) Retained earnings 4,003,209 3,998,642 (4,567 ) As Reported As Adjusted Effect of Change Three months ended September 30, 2014 Provision for federal income taxes, current $ 23,639 $ 25,104 $ 1,465 Provision for federal income taxes, deferred 3,110 3,431 321 Equity in earnings of unconsolidated affiliates 2,735 3,576 841 Net Income attributable to American National 67,884 66,939 (945 ) Nine months ended September 30, 2014 Provision for federal income taxes, current $ 55,690 $ 59,337 $ 3,647 Provision for federal income taxes, deferred 9,974 9,759 (215 ) Equity in earnings of unconsolidated affiliates 10,405 12,181 1,776 Net Income attributable to American National 178,023 176,367 (1,656 ) American National held investments in Qualified Affordable Housing Projects totaling $40,579,000 and $32,778,000 as of September 30, 2015 and December 31, 2014, respectively. For the nine months ended September 30, 2015 and September 30, 2014, American National recognized tax credits and other tax benefits of $6,672,000 and $5,817,000, respectively, and amortized cost of $5,834,000 and $4,033,000, relating to these investments. At September 30, 2015 American National had commitments to provide additional funding to these investments during the following fiscal years as follows (in thousands): Expected year of payment 2015 2016 2017 2018 2019 Total Equity commitments $ 8,251 4,148 1,314 726 1,078 $ 15,517 Future Adoption of New Accounting Standards In May 2014, the FASB issued guidance that will supersede most existing revenue recognition requirements in U.S. GAAP. Insurance contracts generally are excluded from the scope of the new guidance. For those contracts which are impacted by the guidance, the transaction price is attributed to the underlying performance obligations in the contract and revenue is recognized as the entity satisfies the performance obligations and transfers control of a good or service to the customer. In August 2015, the effective date of the guidance was deferred one year and is now effective for reporting periods beginning after December 15, 2017 and is to be applied retrospectively. The Company is evaluating the impact of adoption, which is not expected to be material to the Company’s financial statements. In February 2015, the FASB issued guidance that amends the consolidation analysis. The guidance modifies the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities. The guidance eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved with VIEs. The amended guidance is effective for reporting periods beginning after December 15, 2015. The impact of the adoption is not expected to be material to the Company’s financial statements. In May 2015, the FASB issued guidance to expand the disclosures that an insurance entity must provide about its short duration contracts. The additional disclosure about the liability for unpaid claims and claim adjustment expenses is intended to increase the transparency of significant estimates made in the measuring of those liabilities. It will also provide additional insight into an insurance entity’s ability to underwrite and anticipate costs associated with claims. The amended guidance is effective for annual reporting periods beginning after December 15, 2015 and for interim reporting periods beginning after December 15, 2016. The impact of the adoption is not expected to be material to the Company’s financial statements.

Investment in Securities

Investment in Securities	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investment in Securities	Note 4 – Investment in Securities The cost or amortized cost and fair value of investments in securities are shown below (in thousands): September 30, 2015 Cost or Gross Gross Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 324,191 $ 26,068 $ — $ 350,259 Foreign governments 4,111 975 — 5,086 Corporate debt securities 7,055,332 344,616 (90,276 ) 7,309,672 Residential mortgage-backed securities 288,223 22,236 (913 ) 309,546 Collateralized debt securities 1,928 127 — 2,055 Other debt securities 15,766 620 — 16,386 Total bonds held-to-maturity 7,689,551 394,642 (91,189 ) 7,993,004 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,025 814 — 24,839 U.S. states and political subdivisions 925,948 34,206 (1,834 ) 958,320 Foreign governments 5,000 1,929 — 6,929 Corporate debt securities 4,196,262 160,179 (51,382 ) 4,305,059 Residential mortgage-backed securities 28,452 1,648 (259 ) 29,841 Collateralized debt securities 9,051 658 (41 ) 9,668 Total bonds available-for-sale 5,188,738 199,434 (53,516 ) 5,334,656 Equity securities Common stock 755,546 655,360 (23,857 ) 1,387,049 Preferred stock 13,487 10,100 — 23,587 Total equity securities 769,033 665,460 (23,857 ) 1,410,636 Total investments in securities $ 13,647,322 $ 1,259,536 $ (168,562 ) $ 14,738,296 December 31, 2014 Cost or Gross Gross Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 323,053 $ 26,800 $ (93 ) $ 349,760 Foreign governments 29,130 1,293 — 30,423 Corporate debt securities 7,517,195 424,845 (47,315 ) 7,894,725 Residential mortgage-backed securities 336,853 22,317 (1,535 ) 357,635 Collateralized debt securities 2,232 238 — 2,470 Other debt securities 16,587 1,313 — 17,900 Total bonds held-to-maturity 8,225,050 476,806 (48,943 ) 8,652,913 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 22,415 825 (7 ) 23,233 U.S. states and political subdivisions 802,846 36,151 (1,381 ) 837,616 Foreign governments 5,000 2,021 — 7,021 Corporate debt securities 3,812,771 203,048 (15,770 ) 4,000,049 Residential mortgage-backed securities 40,988 1,903 (492 ) 42,399 Collateralized debt securities 10,696 863 (70 ) 11,489 Total bonds available-for-sale 4,694,716 244,811 (17,720 ) 4,921,807 Equity securities Common stock 719,651 774,650 (7,176 ) 1,487,125 Preferred stock 19,733 10,121 (1 ) 29,853 Total equity securities 739,384 784,771 (7,177 ) 1,516,978 Total investments in securities $ 13,659,150 $ 1,506,388 $ (73,840 ) $ 15,091,698 The amortized cost and fair value, by contractual maturity, of fixed maturity securities are shown below (in thousands): September 30, 2015 Bonds Held-to-Maturity Bonds Available-for-Sale Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 394,934 $ 401,042 $ 357,147 $ 361,475 Due after one year through five years 2,348,115 2,535,513 1,015,790 1,083,981 Due after five years through ten years 4,556,548 4,641,818 3,208,405 3,267,070 Due after ten years 384,104 409,531 602,396 617,155 Without single maturity date 5,850 5,100 5,000 4,975 Total $ 7,689,551 $ 7,993,004 $ 5,188,738 $ 5,334,656 Actual maturities differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Residential and commercial mortgage-backed securities, which are not due at a single maturity, have been allocated to their respective categories based on the year of final contractual maturity. Proceeds from sales of available-for-sale securities, with the related gross realized gains and losses, are shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Proceeds from sales of available-for-sale securities $ 8,876 $ 2,671 $ 48,352 $ 139,137 Gross realized gains 3,982 228 17,991 24,994 Gross realized losses — — (65 ) (2,123 ) Gains and losses are determined using specific identification of the securities sold. During the nine months ended September 30, 2015 and 2014, bonds with a carrying value of $171,000 and $44,781,000, respectively, were transferred from held-to-maturity to available-for-sale after a significant deterioration in the issuers’ creditworthiness became evident. An unrealized loss of $53,000 and an unrealized gain of $1,301,000 were established in 2015 and 2014, respectively following the transfer at fair value. The components of the change in net unrealized gains (losses) on securities are shown below (in thousands): Nine months ended September 30, 2015 2014 Bonds available-for-sale $ (81,173 ) $ 82,701 Equity securities (135,991 ) 79,211 Change in net unrealized gains (losses) on securities during the year (217,164 ) 161,912 Adjustments for Deferred policy acquisition costs 30,491 (17,175 ) Participating policyholders’ interest 7,222 (8,526 ) Deferred federal income tax benefit (expense) 62,248 (47,160 ) Change in net unrealized gains (losses) on securities, net of tax $ (117,203 ) $ 89,051 The gross unrealized losses and fair value of the investment securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands): September 30, 2015 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ — $ — $ — $ — $ — $ — Corporate debt securities (62,176 ) 1,484,022 (28,100 ) 205,613 (90,276 ) 1,689,635 Residential mortgage-backed securities (146 ) 21,304 (767 ) 16,697 (913 ) 38,001 Total bonds held-to-maturity (62,322 ) 1,505,326 (28,867 ) 222,310 (91,189 ) 1,727,636 Fixed maturity securities, bonds available-for-sale U.S. treasury and government — 3,876 — — — 3,876 U.S. states and political subdivisions (1,758 ) 172,536 (76 ) 2,059 (1,834 ) 174,595 Corporate debt securities (43,045 ) 1,195,908 (8,337 ) 62,378 (51,382 ) 1,258,286 Residential mortgage-backed securities (82 ) 13,772 (177 ) 6,217 (259 ) 19,989 Collateralized debt securities (36 ) 1,986 (5 ) 292 (41 ) 2,278 Total bonds available-for-sale (44,921 ) 1,388,078 (8,595 ) 70,946 (53,516 ) 1,459,024 Equity securities Common stock (23,857 ) 112,392 — — (23,857 ) 112,392 Preferred stock — — — — — — Total equity securities (23,857 ) 112,392 — — (23,857 ) 112,392 Total $ (131,100 ) $ 3,005,796 $ (37,462 ) $ 293,256 $ (168,562 ) $ 3,299,052 December 31, 2014 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ (37 ) $ 3,388 $ (56 ) $ 2,465 $ (93 ) $ 5,853 Corporate debt securities (20,575 ) 523,766 (26,740 ) 662,362 (47,315 ) 1,186,128 Residential mortgage-backed securities (232 ) 12,186 (1,303 ) 31,163 (1,535 ) 43,349 Total bonds held-to-maturity (20,844 ) 539,340 (28,099 ) 695,990 (48,943 ) 1,235,330 Fixed maturity securities, bonds available-for-sale U.S. treasury and government (7 ) 14,552 — — (7 ) 14,552 U.S. states and political subdivisions (166 ) 27,719 (1,215 ) 78,851 (1,381 ) 106,570 Corporate debt securities (8,852 ) 384,451 (6,918 ) 288,808 (15,770 ) 673,259 Residential mortgage-backed securities (170 ) 9,386 (322 ) 14,042 (492 ) 23,428 Collateralized debt securities (63 ) 2,033 (7 ) 339 (70 ) 2,372 Total bonds available-for-sale (9,258 ) 438,141 (8,462 ) 382,040 (17,720 ) 820,181 Equity securities Common stock (7,176 ) 43,907 — — (7,176 ) 43,907 Preferred stock (1 ) — — — (1 ) — Total equity securities (7,177 ) 43,907 — — (7,177 ) 43,907 Total $ (37,279 ) $ 1,021,388 $ (36,561 ) $ 1,078,030 $ (73,840 ) $ 2,099,418 As of September 30, 2015, the securities with unrealized losses including those exceeding one year were not deemed to be other-than-temporarily impaired. American National has the ability and intent to hold those securities until a market price recovery or maturity. It is not more-likely-than-not that American National will be required to sell them prior to recovery, and recovery is expected in a reasonable period of time. It is possible an issuer’s financial circumstances may be different in the future, which may lead to a different impairment conclusion in future periods. Bonds distributed by credit quality rating, using both Standard & Poor’s and Moody’s ratings, are shown below: September 30, 2015 December 31, 2014 AAA 5.4 % 5.0 % AA 12.2 12.8 A 38.1 39.4 BBB 41.3 39.5 BB and below 3.0 3.3 Total 100.0 % 100.0 % Equity securities by market sector distribution are shown below: September 30, 2015 December 31, 2014 Consumer goods 21.4 % 20.4 % Energy and utilities 10.8 13.3 Financials 19.1 19.1 Healthcare 14.9 14.0 Industrials 8.1 8.4 Information technology 17.3 16.2 Other 8.4 8.6 Total 100.0 % 100.0 %

Mortgage Loans

Mortgage Loans	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Mortgage Loans	Note 5 – Mortgage Loans Generally, commercial mortgage loans are secured by first liens on income-producing real estate. American National attempts to maintain a diversified portfolio by considering the location of the underlying collateral. The distribution based on carrying amount of mortgage loans by location are as follows: September 30, 2015 December 31, 2014 East North Central 18.8 % 19.4 % East South Central 4.4 5.0 Mountain 12.3 11.0 Pacific 10.0 10.8 South Atlantic 19.7 21.9 West South Central 29.2 24.9 Other 5.6 7.0 Total 100.0 % 100.0 % As of September 30, 2015, American National had foreclosed on two loans with a recorded investment of $19,328,000, and there was one loan in the process of foreclosure with a recorded investment of $2,450,000. There were two loans in the process of foreclosure with a recorded investment of $15,945,000 as of September 30, 2014. American National sold one loan with a recorded investment of $2,702,000 resulting in a realized loss of $1,602,000 for the nine months ended September 30, 2015. No loans were sold in the same period in 2014. The age analysis of past due loans is shown below (in thousands): 30-59 Days 60-89 Days More Than Total Past Due Past Due 90 Days Total Current Amount Percent September 30, 2015 Industrial $ — $ — $ — $ — $ 705,260 $ 705,260 20.4 % Office — — 8,228 8,228 1,267,942 1,276,170 37.2 Retail — — 5,005 5,005 807,829 812,834 23.7 Other — — — — 662,908 662,908 18.7 Total $ — $ — $ 13,233 $ 13,233 $ 3,443,939 3,457,172 100.0 % Allowance for loan losses (12,769 ) Total, net of allowance $ 3,444,403 December 31, 2014 Industrial $ — $ — $ — $ — $ 702,541 $ 702,541 20.9 % Office — — 19,327 19,327 1,201,833 1,221,160 36.1 Retail — — — — 615,813 615,813 18.1 Other — — — — 837,932 837,932 24.9 Total $ — $ — $ 19,327 $ 19,327 $ 3,358,119 $ 3,377,446 100.0 % Allowance for loan losses (17,860 ) Total, net of allowance $ 3,359,586 Total mortgage loans are net of unamortized discounts of $505,000 and $658,000 and unamortized origination fees of $19,333,000 and $15,659,000 at September 30, 2015 and December 31, 2014, respectively. No unearned income is included in these amounts. Allowance for Credit Losses The credit quality of the mortgage loan portfolio is assessed by evaluating the credit risk of the borrowers. A loan is classified as performing or non-performing based on whether all of the contractual terms of the loan have been met. Loans not evaluated individually for collectability are segregated by property-type and location, and allowance factors are applied. These factors are developed annually and reviewed quarterly based on our historical loss experience adjusted for the expected trend in the rate of foreclosure losses. Allowance factors are higher for loans of certain property types and in certain regions based on loss experience or a blended historical loss factor. The change in allowance for credit losses in mortgage loans is shown below (in thousands): Nine months ended September 30, Collectively Individually Evaluated Evaluated for Impairment for Impairment Beginning balance, 2015 $ 12,277 $ 5,583 Change in allowance (1,688 ) (3,403 ) Ending balance, 2015 $ 10,589 $ 2,180 At September 30, 2015 and December 31, 2014, the recorded investment for loans collectively evaluated for impairment was $3,405,419,000 and $3,321,241,000, respectively. The recorded investment for loans individually evaluated for impairment was $51,752,000 and $56,205,000, respectively. Loans individually evaluated for impairment with and without an allowance are shown below (in thousands): September 30, 2015 September 30, 2014 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Three months ended With an allowance recorded Office $ 18,014 $ 555 $ 27,564 $ 547 Total $ 18,014 $ 555 $ 27,564 $ 547 Without an allowance recorded Office $ 26,639 $ 422 $ 26,941 $ 431 Industrial — — 2,702 36 Retail 8,812 134 851 11 Total $ 35,451 $ 556 $ 30,494 $ 478 Nine months ended With an allowance recorded Office $ 18,116 $ 1,016 $ 29,421 $ 1,663 Total $ 18,116 $ 1,016 $ 29,421 $ 1,663 Without an allowance recorded Office $ 26,326 $ 1,262 $ 27,019 $ 1,298 Industrial — — 2,721 110 Retail 8,895 410 1,149 16 Total $ 35,221 $ 1,672 $ 30,889 $ 1,424 September 30, 2015 December 31, 2014 Unpaid Unpaid Recorded Principal Recorded Principal Investment Balance Investment Balance With an allowance recorded Office $ 16,275 $ 17,961 $ 26,563 $ 31,653 Retail — — — 493 Total $ 16,275 $ 17,961 $ 26,563 $ 32,146 Without an allowance recorded Office $ 26,695 $ 26,695 $ 26,941 $ 26,941 Industrial — — 2,702 2,702 Retail 8,782 8,782 — — Total $ 35,477 $ 35,477 $ 29,643 $ 29,643 Troubled Debt Restructurings American National has granted concessions which are classified as troubled debt restructurings to mortgage loan borrowers. Concessions are generally one of, or a combination of, a delay in payment of principal or interest, a reduction of the contractual interest rate or an extension of the maturity date. American National considers the amount, timing and extent of concessions in determining any impairment or changes in the specific allowance for loan losses recorded in connection with a troubled debt restructuring. The carrying value after specific allowance, before and after modification in a troubled debt restructuring, may not change significantly, or may increase if the expected recovery is higher than the pre-modification recovery assessment. The number of mortgage loans and recorded investment in troubled debt restructuring are as follows (in thousands, except number of contracts): Nine months ended September 30, 2015 2014 Number of Recorded Recorded Number of Recorded Recorded Office 2 $ 12,211 $ 12,211 3 $ 34,400 $ 30,996 There are no commitments to lend additional funds to debtors whose loans have been modified in troubled debt restructuring, and there have been no defaults on modified loans during the periods presented.

Investment Real Estate

Investment Real Estate	9 Months Ended
	Sep. 30, 2015
Real Estate [Abstract]
Investment Real Estate	Note 6 – Investment Real Estate Investment real estate by property-type and geographic distribution are as follows: September 30, 2015 December 31, 2014 Industrial 11.2 % 13.0 % Office 33.4 25.0 Retail 40.0 44.1 Other 15.4 17.9 Total 100.0 % 100.0 % September 30, 2015 December 31, 2014 East North Central 12.3 % 4.5 % East South Central 3.8 4.6 Mountain 8.0 9.6 Pacific 6.1 7.1 South Atlantic 10.9 12.2 West South Central 53.0 55.6 Other 5.9 6.4 Total 100.0 % 100.0 % American National regularly invests in real estate partnerships and joint ventures. American National frequently participates in the design of these entities with the sponsor, but in most cases, its involvement is limited to financing. Through analysis performed by American National, some of these partnerships and joint ventures have been determined to be variable interest entities (“VIEs”). In certain instances, in addition to an economic interest in the entity, American National holds the power to direct the most significant activities of the entity and is deemed the primary beneficiary or consolidator of the entity. The assets of the consolidated VIEs are restricted and must first be used to settle their liabilities. Creditors or beneficial interest holders of these VIEs have no recourse to the general credit of American National, as American National’s obligation is limited to the amount of its committed investment. American National has not provided financial or other support to the VIEs in the form of liquidity arrangements, guarantees, or other commitments to third parties that may affect the fair value or risk of its variable interest in the VIEs in 2015 or 2014. The assets and liabilities relating to the VIEs included in the consolidated financial statements are as follows (in thousands): September 30, 2015 December 31, 2014 Investment real estate $ 165,685 $ 140,032 Short-term investments 1 1 Cash and cash equivalents 3,204 2,495 Accrued investment income 339 683 Other receivables 7,095 7,999 Other assets 6,316 8,483 Total assets of consolidated VIEs $ 182,640 $ 159,693 Notes payable $ 126,145 $ 108,177 Other liabilities 11,102 8,954 Total liabilities of consolidated VIEs $ 137,247 $ 117,131 The notes payable in the consolidated statements of financial position pertain to the borrowings of the consolidated VIEs. The liability of American National Insurance Company relating to notes payable of the consolidated VIEs is limited to the amount of its direct or indirect investment in the respective ventures, which totaled $32,277,000 and $15,016,000 at September 30, 2015 and December 31, 2014, respectively. The total long-term portion of notes payable consists of four notes with the following interest rates: 4.0%, prime plus 0.5%, and two notes with adjusted LIBOR plus LIBOR margin. Of the long-term notes payable, $29,265,000 will mature in 2016, with the remainder maturing beyond 5 years. For other VIEs in which American National is a partner, it is not the primary beneficiary and these entities were not consolidated, as the major decisions that most significantly impact the economic activities of the VIE require unanimous consent of all partners. The carrying amount and maximum exposure to loss relating to unconsolidated VIEs follows (in thousands): September 30, 2015 December 31, 2014 Carrying Maximum Carrying Maximum Investment in unconsolidated affiliates $ 220,223 $ 220,223 $ 157,620 $ 157,620 Mortgage loans 212,972 212,972 172,408 172,408 Accrued investment income 778 778 721 721 As of September 30, 2015, a real estate investment with a carrying value of $4,028,000 was classified as held for sale.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Note 7 – Derivative Instruments American National purchases over-the-counter equity-indexed options as economic hedges against fluctuations in the equity markets to which equity-indexed products are exposed. Equity-indexed contracts include a fixed host universal-life insurance or annuity contract and an equity-indexed embedded derivative. The detail of derivative instruments is shown below (in thousands, except number of instruments): September 30, 2015 December 31, 2014 Derivatives Not Designated as Hedging Instruments Location in the Consolidated Number of Notional Estimated Number of Notional Estimated Equity-indexed options Other invested assets 454 $ 1,249,300 $ 141,385 436 $ 1,095,300 $ 189,449 Equity-indexed embedded derivative Policyholders’ account balances 48,923 1,005,100 207,302 42,287 961,300 208,187 Gains (Losses) Recognized in Income on Derivatives Derivatives Not Designated as Hedging Instruments Location in the Consolidated Statements of Operations Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Equity-indexed options Net investment income $ (33,682 ) $ 6,562 $ (34,646 ) $ 29,011 Equity-indexed embedded derivative Interest credited to policyholders’ account balances 16,780 (1,762 ) 19,997 (16,484 )

Net Investment Income and Reali

Net Investment Income and Realized Investment Gains (Losses)	9 Months Ended
	Sep. 30, 2015
Text Block [Abstract]
Net Investment Income and Realized Investment Gains (Losses)	Note 8 – Net Investment Income and Realized Investment Gains (Losses) Net investment income is shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Bonds $ 138,707 $ 148,715 $ 421,543 $ 450,110 Equity securities 9,353 8,146 27,869 26,488 Mortgage loans 50,681 51,652 149,682 159,010 Real estate 13,555 14,245 11,949 11,347 Options (33,682 ) 6,562 (34,646 ) 29,011 Other invested assets 5,868 7,169 20,960 21,638 Total $ 184,482 $ 236,489 $ 597,357 $ 697,604 Realized investment gains (losses) are shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Bonds $ (34 ) $ 1,925 $ 10,063 $ 21,837 Equity securities 7,669 229 44,579 10,293 Mortgage loans 639 (1,551 ) (94 ) (5,424 ) Real estate (739 ) (1,242 ) 9,094 1,787 Other invested assets (7 ) (10 ) (44 ) (945 ) Total $ 7,528 $ (649 ) $ 63,598 $ 27,548 Other-than-temporary impairment losses are shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Bonds $ (286 ) $ — $ (286 ) $ (41 ) Equity securities (19,121 ) (1,608 ) (22,618 ) (3,004 ) Total $ (19,407 ) $ (1,608 ) $ (22,904 ) $ (3,045 )

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 9 – Fair Value of Financial Instruments The carrying amount and fair value of financial instruments are shown below (in thousands): September 30, 2015 December 31, 2014 Carrying Fair Value Carrying Fair Value Financial assets Fixed maturity securities, bonds held-to-maturity $ 7,689,551 $ 7,993,004 $ 8,225,050 $ 8,652,913 Fixed maturity securities, bonds available-for-sale 5,334,656 5,334,656 4,921,807 4,921,807 Equity securities 1,410,636 1,410,636 1,516,978 1,516,978 Equity-indexed options 141,385 141,385 189,449 189,449 Mortgage loans on real estate, net of allowance 3,444,403 3,670,607 3,359,586 3,618,944 Policy loans 406,728 406,728 405,979 405,979 Short-term investments 494,496 494,496 431,000 431,000 Separate account assets 894,890 894,890 1,001,515 1,001,515 Total financial assets $ 19,816,745 $ 20,346,402 $ 20,051,364 $ 20,738,585 Financial liabilities Investment contracts $ 8,711,223 $ 8,711,223 $ 8,894,747 $ 8,894,747 Embedded derivative liability for equity-indexed contracts 207,302 207,302 208,187 208,187 Notes payable 126,145 126,145 108,177 108,177 Separate account liabilities 894,890 894,890 1,001,515 1,001,515 Total financial liabilities $ 9,939,560 $ 9,939,560 $ 10,212,626 $ 10,212,626 Summary Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability. A fair value hierarchy is used to determine fair value based on a hypothetical transaction at the measurement date from the perspective of a market participant. American National has evaluated the types of securities in its investment portfolio to determine an appropriate hierarchy level based upon trading activity and the observability of market inputs. The classification of assets or liabilities within the fair value hierarchy is based on the lowest level of significant input to its valuation. The input levels are defined as follows: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 Quoted prices in markets that are not active or inputs that are observable directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities other than quoted prices in Level 1; quoted prices in markets that are not active; or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect American National’s own assumptions about the assumptions that market participants would use in pricing the asset or liability. Level 3 assets and liabilities include financial instruments whose values are determined using pricing models and third-party evaluation, as well as instruments for which the determination of fair value requires significant management judgment or estimation. Fixed Maturity Securities and Equity Options The pricing service utilizes market quotations for fixed maturity securities that have quoted prices in active markets. Since fixed maturity securities generally do not trade on a daily basis, the pricing service prepares estimates of fair value measurements for these securities using its proprietary pricing applications, which include available relevant market information, benchmark curves, benchmarking of like securities, sector groupings and matrix pricing. Additionally, an option adjusted spread model is used to develop prepayment and interest rate scenarios. The pricing service evaluates each asset class based on relevant market information, credit information, perceived market movements and sector news. The market inputs utilized in the pricing evaluation, listed in the approximate order of priority, include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and economic events. The extent of the use of each market input depends on the asset class and the market conditions. Depending on the security, the priority of the use of inputs may change or some market inputs may not be relevant. For some securities, additional inputs may be necessary. American National has reviewed the inputs and methodology used and the techniques applied by the pricing service to produce quotes that represent the fair value of a specific security. The review confirms that the pricing service is utilizing information from observable transactions or a technique that represents a market participant’s assumptions. American National does not adjust quotes received from the pricing service. The pricing service utilized by American National has indicated that they will only produce an estimate of fair value if there is objectively verifiable information available. American National holds a small amount of private placement debt and fixed maturity securities that have characteristics that make them unsuitable for matrix pricing. For these securities, a quote from an independent broker (typically a market maker) is obtained. Due to the disclaimers on the quotes that indicate that the price is indicative only, American National includes these fair value estimates in Level 3. For securities priced using a quote from an independent broker, such as the equity options and certain fixed maturity securities, American National uses a market-based fair value analysis to validate the reasonableness of prices received from an independent broker. Price variances above a certain threshold are analyzed further to determine if any pricing issue exists. This analysis is performed quarterly. Equity Securities Mortgage Loans Embedded Derivative The significant unobservable input used to calculate the fair value of the embedded derivatives is equity option implied volatility. An increase in implied volatility will result in an increase in the value of the equity-indexed embedded derivatives, all other things being equal. At September 30, 2015 and December 31, 2014, the one year implied volatility used to estimate embedded derivative value was 20.1% and 17.3%, respectively. Other Financial Instruments Policy loans—The carrying value of policy loans is the outstanding balance plus any accrued interest. Due to the collateralized nature of policy loans such that they cannot be separated from the policy contracts and the unpredictable timing of repayments and the fact that settlement is at outstanding value, American National believes the carrying value of policy loans approximates fair value. Investment contracts —The carrying value of investment contracts is equivalent to the accrued account balance. The accrued account balance consists of deposits, net of withdrawals, plus or minus interest credited, fees and charges assessed and other adjustments. American National believes that the carrying value of investment contracts approximates fair value because the majority of these contracts’ interest rates reset to current rates offered at anniversary. Notes payable—Notes payable are carried at outstanding principal balance. The carrying value of the notes payable approximates fair value because the underlying interest rates approximate market rates at the balance sheet date. Quantitative Disclosures The fair value hierarchy measurements of the financial instruments are shown below (in thousands): Fair Value Measurement as of September 30, 2015 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 350,259 $ — $ 350,259 $ — Foreign governments 5,086 — 5,086 — Corporate debt securities 7,309,672 — 7,261,358 48,314 Residential mortgage-backed securities 309,546 — 308,605 941 Collateralized debt securities 2,055 — 2,055 — Other debt securities 16,386 — 12,530 3,856 Total bonds held-to-maturity 7,993,004 — 7,939,893 53,111 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,839 — 24,839 — U.S. states and political subdivisions 958,320 — 955,825 2,495 Foreign governments 6,929 — 6,929 — Corporate debt securities 4,305,059 — 4,298,265 6,794 Residential mortgage-backed securities 29,841 — 28,038 1,803 Collateralized debt securities 9,668 — 7,769 1,899 Total bonds available-for-sale 5,334,656 — 5,321,665 12,991 Equity securities Common stock 1,387,049 1,387,049 — — Preferred stock 23,587 23,587 — — Total equity securities 1,410,636 1,410,636 — — Options 141,385 — — 141,385 Mortgage loans on real estate 3,670,607 — 3,670,607 — Policy loans 406,728 — — 406,728 Short-term investments 494,496 — 494,496 — Separate account assets 894,890 — 894,890 — Total financial assets $ 20,346,402 $ 1,410,636 $ 18,321,551 $ 614,215 Financial liabilities Investment contracts $ 8,711,223 $ — $ — $ 8,711,223 Embedded derivative liability for equity-indexed contracts 207,302 — — 207,302 Notes payable 126,145 — — 126,145 Separate account liabilities 894,890 — 894,890 — Total financial liabilities $ 9,939,560 $ — $ 894,890 $ 9,044,670 Fair Value Measurement as of December 31, 2014 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 349,760 $ — $ 349,760 $ — Foreign governments 30,423 — 30,423 — Corporate debt securities 7,894,725 — 7,833,564 61,161 Residential mortgage-backed securities 357,635 — 356,670 965 Collateralized debt securities 2,470 — — 2,470 Other debt securities 17,900 — 12,975 4,925 Total bonds held-to-maturity 8,652,913 — 8,583,392 69,521 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 23,233 — 23,233 — U.S. states and political subdivisions 837,616 — 835,106 2,510 Foreign governments 7,021 — 7,021 — Corporate debt securities 4,000,049 — 3,941,925 58,124 Residential mortgage-backed securities 42,399 — 40,473 1,926 Collateralized debt securities 11,489 — 9,616 1,873 Total bonds available-for-sale 4,921,807 — 4,857,374 64,433 Equity securities Common stock 1,487,125 1,487,125 — — Preferred stock 29,853 29,853 — — Total equity securities 1,516,978 1,516,978 — — Options 189,449 — — 189,449 Mortgage loans on real estate 3,618,944 — 3,618,944 — Policy loans 405,979 — — 405,979 Short-term investments 431,000 — 431,000 — Separate account assets 1,001,515 — 1,001,515 — Total financial assets $ 20,738,585 $ 1,516,978 $ 18,492,225 $ 729,382 Financial liabilities Investment contracts $ 8,894,747 $ — $ — $ 8,894,747 Embedded derivative liability for equity-indexed contracts 208,187 — — 208,187 Notes payable 108,177 — — 108,177 Separate account liabilities 1,001,515 — 1,001,515 — Total financial liabilities $ 10,212,626 $ — $ 1,001,515 $ 9,211,111 For financial instruments measured at fair value on a recurring basis using Level 3 inputs during the period, a reconciliation of the beginning and ending balances is shown below (in thousands): Level 3 Three months ended September 30, Nine months ended September 30, Assets Liability Assets Liability Equity- Equity- Investment Indexed Embedded Investment Indexed Embedded Securities Options Derivative Securities Options Derivative Beginning balance, 2015 $ 67,200 $ 183,963 $ 208,827 $ 64,433 $ 189,449 $ 208,187 Total realized and unrealized investment gains (losses) included in other comprehensive income 150 — — (18 ) — — Net fair value change included in realized gains (losses) — — — — — — Net gain (loss) for derivatives included in net investment income — (34,643 ) — — (39,266 ) — Net change included in interest credited — — (16,780 ) — — (19,997 ) Purchases, sales and settlements or maturities Purchases — 5,725 — — 15,313 — Sales 120 (11,160 ) — (1 ) (11,160 ) — Settlements or maturities (1 ) (2,500 ) — (343 ) (12,951 ) — Premiums less benefits — — 15,255 — — 19,112 Gross transfers into Level 3 — — — 3,398 — — Gross transfers out of Level 3 (54,478 ) — — (54,478 ) — — Ending balance September 30, 2015 $ 12,991 $ 141,385 $ 207,302 $ 12,991 $ 141,385 $ 207,302 Beginning balance, 2014 $ 11,932 $ 163,861 $ 186,261 $ 48,304 $ 164,753 $ 148,435 Total realized and unrealized investment gains (losses) included in other comprehensive income 138 — — (11,735 ) — — Net fair value change included in realized gains (losses) — — — 13,056 — — Net gain (loss) for derivatives included in net investment income — 4,998 — — 23,788 — Net change included in interest credited — — 1,762 — — 16,484 Purchases, sales and settlements or maturities Purchases — 3,655 — — 12,345 — Sales (120 ) — — (37,670 ) — — Settlements or maturities (5 ) (2,171 ) — (10 ) (30,543 ) — Premiums less benefits — — 3,737 — — 26,841 Gross transfers into Level 3 30,199 — — 30,199 — — Gross transfers out of Level 3 — — — — — — Ending balance September 30, 2014 $ 42,144 $ 170,343 $ 191,760 $ 42,144 $ 170,343 $ 191,760 Within the net gain (loss) for derivatives included in net investment income were unrealized losses of $51,875,000 relating to assets still held at September 30, 2015 and gains of $7,395,000 at September 30 2014, respectively. The transfers into Level 3 during the nine months ended September 30, 2015 and the three and nine months ended September 30, 2014, were the result of existing securities no longer being priced by the third-party pricing service at the end of the period. American National’s valuation of these securities involves judgment regarding assumptions market participants would use including quotes from independent brokers. The 2015 transfers out of Level 3 were securities being priced by a third-party service at the end of the period, using inputs that are observable or derived from market data, which resulted in classification of these assets as Level 2.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	9 Months Ended
	Sep. 30, 2015
Insurance [Abstract]
Deferred Policy Acquisition Costs	Note 10 – Deferred Policy Acquisition Costs Deferred policy acquisition costs are shown below (in thousands): Life Annuity Accident Property & Total Beginning balance, 2015 $ 711,469 $ 382,441 $ 47,784 $ 111,850 $ 1,253,544 Additions 81,568 42,264 15,869 175,006 314,707 Amortization (60,998 ) (57,412 ) (18,195 ) (173,010 ) (309,615 ) Effect of change in unrealized gains on available-for-sale securities 7,742 22,749 — — 30,491 Net change 28,312 7,601 (2,326 ) 1,996 35,583 Ending balance at September 30, 2015 $ 739,781 $ 390,042 $ 45,458 $ 113,846 $ 1,289,127 Commissions comprise the majority of the additions to deferred policy acquisition costs for each year.

Liability for Unpaid Claims and

Liability for Unpaid Claims and Claim Adjustment Expenses	9 Months Ended
	Sep. 30, 2015
Insurance [Abstract]
Liability for Unpaid Claims and Claim Adjustment Expenses	Note 11 – Liability for Unpaid Claims and Claim Adjustment Expenses The liability for unpaid claims and claim adjustment expenses (“claims”) for accident and health, and property and casualty insurance is included in “Policy and contract claims” in the consolidated statements of financial position and is the amount estimated for claims that have been reported but not settled and IBNR claims. Liability for unpaid claims are estimated based upon American National’s historical experience and actuarial assumptions that consider the effects of current developments, anticipated trends and risk management programs and reduced for anticipated salvage and subrogation. The effects of the changes are included in the consolidated results of operations in the period in which the changes occur. Information regarding the liability for unpaid claims is shown below (in thousands): Nine months ended September 30, 2015 2014 Unpaid claims balance, beginning $ 1,132,394 $ 1,096,299 Less reinsurance recoverables 245,906 215,161 Net beginning balance 886,488 881,138 Incurred related to Current 705,988 706,824 Prior years (7,835 ) (29,044 ) Total incurred claims 698,153 677,780 Paid claims related to Current 414,287 410,077 Prior years 284,732 252,082 Total paid claims 699,019 662,159 Net balance 885,622 896,759 Plus reinsurance recoverables 215,464 235,485 Unpaid claims balance, ending $ 1,101,086 $ 1,132,244 The net and gross reserve calculations have shown favorable development as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation of losses in prior years. Estimates for ultimate incurred claims attributable to insured events of prior years decreased by approximately $7,835,000 during the first nine months of 2015 and $29,044,000 during the first nine months of 2014, reflecting lower-than-anticipated losses in the workers compensation, commercial auto, and personal auto liability lines of business.

Federal Income Taxes

Federal Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Federal Income Taxes	Note 12 – Federal Income Taxes A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 (As Adjusted) (As Adjusted) Amount Rate Amount Rate Amount Rate Amount Rate Income tax on pre-tax income $ 22,050 35.0 % $ 33,171 35.0 % $ 91,284 35.0 % $ 82,308 35.0 % Tax-exempt investment income (1,863 ) (3.0 ) (1,742 ) (1.8 ) (5,688 ) (2.2 ) (4,897 ) (2.1 ) Dividend exclusion (1,841 ) (2.9 ) (1,700 ) (1.8 ) (5,788 ) (2.2 ) (5,253 ) (2.2 ) Miscellaneous tax credits, net (2,256 ) (3.6 ) (2,658 ) (2.8 ) (6,728 ) (2.6 ) (5,873 ) (2.5 ) Low income housing tax credit expense 1,307 2.1 1,786 1.9 3,792 1.5 3,432 1.5 Other items, net 737 1.2 (322 ) (0.3 ) 2,162 0.8 (621 ) (0.3 ) Total $ 18,134 28.8 % $ 28,535 30.2 % $ 79,034 30.3 % $ 69,096 29.4 % American National made income tax payments of $52,106,000 and $41,121,000 during the nine months ended September 30, 2015 and 2014, respectively. Management believes that a sufficient level of taxable income will be achieved over time to utilize the deferred tax assets in the consolidated federal tax return; therefore, no valuation allowance was recorded as of September 30, 2015 and 2014. There are no ordinary loss tax carryforwards that will expire by December 31, 2015. The statute of limitations for the examination of federal income tax returns by the Internal Revenue Service for years 2006 to 2009 has been extended. In the opinion of management, all prior year deficiencies have been paid or adequate provisions have been made for any tax deficiencies that may be upheld. No provision for penalties was established, and no interest expense was incurred for 2015 or 2014 relating to uncertain tax positions. Management does not believe there are any uncertain tax benefits that could be recognized within the next twelve months that would decrease American National’s effective tax rate.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 13 – Accumulated Other Comprehensive Income (Loss) The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below (in thousands): Net Unrealized Defined Foreign AOCI Beginning balance, 2015 $ 568,151 $ (76,074 ) $ (1,295 ) $ 490,782 Amounts reclassified from AOCI (net of tax benefit $8,221 and expense $2,449) (15,268 ) 4,549 — (10,719 ) Unrealized holding losses arising during the period (net of tax benefit $67,787) (125,888 ) (125,888 ) Unrealized adjustment to DAC (net of tax expense $11,232) 19,259 19,259 Unrealized gains on investments attributable to participating policyholders’ interest (net of tax expense $2,528) 4,694 4,694 Foreign currency adjustment (net of tax benefit $1,124) (2,087 ) (2,087 ) Ending balance at September 30, 2015 $ 450,948 $ (71,525 ) $ (3,382 ) $ 376,041 Beginning balance, 2014 $ 457,937 $ (43,884 ) $ (341 ) $ 413,712 Amounts reclassified from AOCI (net of tax benefit $8,906 and expense $1,159) (16,539 ) 2,152 — (14,387 ) Unrealized holding gains arising during the period (net of tax expense $65,575) 121,782 121,782 Unrealized adjustment to DAC (net of tax benefit $6,525) (10,650 ) (10,650 ) Unrealized gains on investments attributable to participating policyholders’ interest (net of tax benefit $2,984) (5,542 ) (5,542 ) Foreign currency adjustment (net of tax benefit $311) (577 ) (577 ) Ending balance at September 30, 2014 $ 546,988 $ (41,732 ) $ (918 ) $ 504,338

Stockholders' Equity and Noncon

Stockholders' Equity and Noncontrolling Interests	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Stockholders' Equity and Noncontrolling Interests	Note 14 – Stockholders’ Equity and Noncontrolling Interests American National has one class of common stock with a par value of $1.00 per share and 50,000,000 authorized shares. The amounts outstanding at the dates indicated are shown below: September 30, December 31, 2015 2014 Common stock Shares issued 30,832,449 30,832,449 Treasury shares (3,940,947 ) (3,960,507 ) Outstanding shares 26,891,502 26,871,942 Restricted shares (76,000 ) (142,667 ) Unrestricted outstanding shares 26,815,502 26,729,275 Stock-based compensation American National has one stock-based compensation plan, which allows for grants of Non-Qualified Stock Options, Stock Appreciation Rights (“SAR”), Restricted Stock (“RS”) Awards, Restricted Stock Units (“RSU”), Performance Awards, Incentive Awards or any combination thereof. This plan is administered by the American National Board Compensation Committee. Incentive awards under this plan are made to officers meeting established performance objectives. All awards are subject to review and approval both at the time of setting applicable performance objectives and at payment of the awards. The number of shares available for grants under the plan cannot exceed 2,900,000 shares, and no more than 200,000 shares may be granted to any one individual in any calendar year. Grants are made to certain officers and directors as compensation and to align their interests with those of other shareholders. SAR, RS and RSU information for the periods indicated are shown below: SAR RS Shares RS Units Shares Weighted- Shares Weighted- Units Weighted- Outstanding at December 31, 2014 54,930 $ 114.86 142,667 $ 107.39 128,214 $ 95.82 Granted — — — — 83,093 104.75 Exercised (116 ) 73.97 (66,667 ) 103.58 (72,093 ) 90.85 Forfeited — — — — (281 ) 105.02 Expired (16,646 ) 114.57 — — — — Outstanding at September 30, 2015 38,168 $ 115.11 76,000 $ 110.73 138,933 $ 103.73 SAR RS Shares RS Units Weighted-average contractual remaining life (in years) 1.44 3.71 1.95 Exercisable shares 38,154 N/A N/A Weighted-average exercise price $ 115.11 $ 110.73 $ 103.73 Weighted-average exercise price exercisable shares 115.12 N/A N/A Compensation expense (credit) Three months ended September 30, 2015 $ (14,000 ) $ 282,000 $ 1,114,000 Three months ended September 30, 2014 (19,000 ) 496,000 522,000 Nine months ended September 30, 2015 (82,000 ) 935,000 5,421,000 Nine months ended September 30, 2014 (33,000 ) 2,577,000 6,447,000 Fair value of liability award September 30, 2015 $ 27,000 N/A $ 19,134,000 December 31, 2014 167,000 N/A 16,301,000 The SARs give the holder the right to cash compensation based on the difference between the stock price on the grant date and the stock price on the exercise date. The SARs vest at a rate of 20% per year for five years and expire five years after vesting. RS awards entitle the participant to full dividend and voting rights. Each RS share awarded has the value of one share of restricted stock and vests 10 years from the grant date. Unvested shares are restricted as to disposition, and are subject to forfeiture under certain circumstances. Compensation expense is recognized over the vesting period. The restrictions on these awards lapse after 10 years and these awards feature a graded vesting schedule in the case of the retirement of an award holder. Restricted stock awards for 350,334 shares have been granted at an exercise price of zero, of which 76,000 shares are unvested. RSU awards allow the recipient of the awards to settle the vested RSUs in either shares of American National’s common stock or cash. RSUs vest after a three-year graded vesting requirement or over a shorter period as a result of death, disability or retirement after age 65. Earnings per share Basic earnings per share were calculated using a weighted average number of shares outstanding. Diluted earnings per share include RS and RSU award shares. Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 (As Adjusted) (As Adjusted) Weighted average shares outstanding 26,899,683 26,805,535 26,865,359 26,800,835 Incremental shares from RS awards and RSUs 63,952 105,972 80,027 118,579 Total shares for diluted calculations 26,963,635 26,911,507 26,945,386 26,919,414 Net income attributable to American National (in thousands) $ 42,013 $ 66,939 $ 180,048 $ 176,367 Basic earnings per share $ 1.56 $ 2.50 $ 6.70 $ 6.58 Diluted earnings per share 1.56 2.49 6.68 6.55 Statutory Capital and Surplus Risk Based Capital (“RBC”) is a measure insurance regulators use to evaluate the capital adequacy of American National Insurance Company and its insurance subsidiaries. RBC is calculated using formulas applied to certain financial balances and activities that consider, among other things, investment risks related to the type and quality of investments, insurance risks associated with products and liabilities, interest rate risks and general business risks. Insurance companies that do not maintain capital and surplus at a level at least 200% of the authorized control level RBC are required to take certain actions. At September 30, 2015 and December 31, 2014, American National Insurance Company’s statutory capital and surplus was $2,924,950,000 and $2,879,154,000, respectively. American National Insurance Company and each of its insurance subsidiaries had statutory capital and surplus at September 30, 2015 and December 31, 2014, substantially above 200% of the authorized control level. American National and its insurance subsidiaries prepare statutory-basis financial statements in accordance with statutory accounting practices prescribed or permitted by the insurance department of the state of domicile which include certain components of the National Association of Insurance Commissioners’ Codification of Statutory Accounting Principles (“NAIC Codification”). NAIC Codification is intended to standardize regulatory accounting and reporting to state insurance departments. However, statutory accounting practices continue to be established by individual state laws and permitted practices. Modifications by the various state insurance departments may impact the statutory capital and surplus of American National Insurance Company and its insurance subsidiaries. Statutory accounting differs from GAAP primarily by charging policy acquisition costs to expense as incurred, establishing future policy benefit liabilities using different actuarial assumptions, and valuing securities on a different basis. In addition, certain assets are not admitted under statutory accounting principles and are charged directly to surplus. One of American National’s insurance subsidiaries has been granted a permitted practice from the Missouri Department of Insurance to record as the valuation of its investment in a wholly-owned subsidiary that is the attorney-in-fact for a Texas domiciled insurer, the statutory capital and surplus of the Texas domiciled insurer. This permitted practice increases the statutory capital and surplus of both American National Insurance Company and the Missouri domiciled insurance subsidiary by $66,042,000 and $60,732,000 at September 30, 2015 and September 30, 2014, respectively. Additionally, the statutory capital and surplus of both American National Insurance Company and the Missouri domiciled insurance subsidiary would have remained substantially above the company action level RBC had it not used the permitted practice. The statutory capital and surplus and net income of our life and property and casualty insurance entities in accordance with statutory accounting practices are shown below (in thousands): September 30, 2015 December 31, 2014 Statutory capital and surplus Life insurance entities $ 1,927,011 $ 1,904,128 Property and casualty insurance entities 1,006,622 984,155 Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Statutory net income Life insurance entities $ 21,990 $ 43,447 $ 101,232 $ 139,564 Property and casualty insurance entities 29,253 22,718 43,190 44,852 Dividends American National Insurance Company’s payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of the prior year’s statutory net income from operations, or 10% of prior year statutory surplus. American National Insurance Company is permitted to pay total dividends of $287,915,000 during 2015, without prior approval of the Texas Department of Insurance. Similar restrictions on amounts that can transfer in the form of dividends, loans, or advances to American National Insurance Company apply to its insurance subsidiaries. Noncontrolling interests American National County Mutual Insurance Company (“County Mutual”) is a mutual insurance company that is owned by its policyholders. American National has a management agreement that effectively gives it control of County Mutual. As a result, County Mutual is included in the consolidated financial statements of American National. Policyholder interests in the financial position of County Mutual are reflected as noncontrolling interest of $6,750,000 at September 30, 2015 and December 31, 2014. American National Insurance Company and its subsidiaries exercise significant control or ownership of various joint ventures, resulting in their consolidation into American National’s consolidated financial statements. The interests of the other partners in the consolidated joint ventures are shown as noncontrolling interests of $4,521,000 and $5,634,000 at September 30, 2015 and December 31, 2014, respectively.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Information	Note 15 – Segment Information Management organizes the business into five operating segments: • Life—markets whole, term, universal, indexed and variable life insurance on a national basis primarily through career, multiple-line, and independent agents as well as direct marketing channels. • Annuity—offers fixed, indexed, and variable annuity products. These products are primarily sold through independent agents, brokers, and financial institutions, along with multiple-line and career agents. • Health—primary lines of business are Medicare supplement, stop loss, other supplemental health products and credit disability insurance. Health products are typically distributed through independent agents and managing general underwriters. • Property and Casualty—writes personal, agricultural and commercial coverages and credit-related property insurance. These products are primarily sold through multiple-line and independent agents. • Corporate and Other—consists of net investment income from investments not allocated to the insurance segments and revenues from non-insurance operations. The accounting policies of the segments are the same as those described in Note 2 to American National’s annual report on Form 10-K. • Recurring income from bonds and mortgage loans is allocated based on the assets allocated to each line of business at the average yield available from these assets. • Net investment income from all other assets is allocated to the insurance segments in accordance with the amount of capital allocated to each segment, with the remainder recorded in the Corporate and Other business segment. • Expenses are allocated based upon various factors, including premium and commission ratios of the operating segments. The following summarizes the results of operations measured as the income from continuing operations before federal income taxes, and equity in earnings (losses) of unconsolidated affiliates by operating segments (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Life $ 10,193 $ 10,794 $ 25,523 $ 22,076 Annuity 4,433 24,366 38,668 70,415 Health (11,178 ) 9,304 1,725 19,579 Property and Casualty 33,980 30,088 42,758 59,790 Corporate and Other 9,232 20,223 78,752 63,305 Total $ 46,660 $ 94,775 $ 187,426 $ 235,165

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 16 – Commitments and Contingencies Commitments American National had aggregate commitments at September 30, 2015, to purchase, expand or improve real estate, to fund fixed interest rate mortgage loans, and to purchase other invested assets of $765,008,000 of which $513,149,000 is expected to be funded in 2015 with the remainder funded in 2016 and beyond. American National has a $100,000,000 short-term variable rate borrowing facility containing a $55,000,000 sub-feature for the issuance of letters of credit. Borrowings under the facility are at the discretion of the lender and would be used only for funding working capital requirements. The combination of borrowings and outstanding letters of credit cannot exceed $100,000,000 at any time. As of September 30, 2015 and December 31, 2014, the outstanding letters of credit were $12,214,000, respectively, and there were no borrowings on this facility. This facility expires on October 30, 2016. American National expects it will be renewed on substantially equivalent terms upon expiration. Guarantees American National has guaranteed bank loans for customers of a third-party marketing operation. The bank loans are used to fund premium payments on life insurance policies issued by American National. The loans are secured by the cash values of the life insurance policies. If the customer were to default on the bank loan, American National would be obligated to pay off the loans. As the cash values of the life insurance policies always equal or exceed the balance of the loans, management does not foresee any loss on these guarantees. The total amount of the guarantees outstanding as of September 30, 2015, was approximately $206,376,000, while the total cash value of the related life insurance policies was approximately $208,696,000. Litigation American National and certain subsidiaries, in common with the insurance industry in general, are defendants in various lawsuits concerning alleged breaches of contracts, various employment matters, allegedly deceptive insurance sales and marketing practices, and miscellaneous other causes of action arising in the ordinary course of operations. Certain of these lawsuits include claims for compensatory and punitive damages. We provide accruals for these items to the extent we deem the losses probable and reasonably estimable. After reviewing these matters with legal counsel, based upon information presently available, management is of the opinion that the ultimate resultant liability, if any, would not have a material adverse effect on American National’s consolidated financial position, liquidity or results of operations; however, assessing the eventual outcome of litigation necessarily involves forward-looking speculation as to judgments to be made by judges, juries and appellate courts in the future. Such speculation warrants caution, as the frequency of large damage awards, which bear little or no relation to the economic damages incurred by plaintiffs in some jurisdictions, continues to create the potential for an unpredictable judgment in any given lawsuit. These lawsuits are in various stages of development, and future facts and circumstances could result in management changing its conclusions. It is possible that, if the defenses in these lawsuits are not successful, and the judgments are greater than management can anticipate, the resulting liability could have a material impact on our consolidated financial position, liquidity or results of operations. With respect to the existing litigation, management currently believes that the possibility of a material judgment adverse to American National is remote and no estimate of range can be made for loss contingencies that are at least reasonably possible but not accrued.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 17 – Related Party Transactions American National has entered into recurring transactions and agreements with certain related parties. These include mortgage loans, management contracts, agency commission contracts, marketing agreements, accident and health insurance contracts, and legal services. The impact on the consolidated financial statements of significant related party transactions is shown below (in thousands): Financial Statement Line Impacted Dollar Amount of Transactions Amount due to (from) American National Nine months ended September 30, September 30, 2015 December 31, 2014 Related Party 2015 2014 Gal-Tex Hotel Corporation Mortgage loan on real estate $ 986 $ 917 $ 5,522 $ 6,508 Gal-Tex Hotel Corporation Net investment income 330 399 33 39 Greer, Herz & Adams, LLP Other operating expenses 6,011 8,037 (366 ) (309 ) Mortgage Loans to Gal-Tex Hotel Corporation (“Gal-Tex”) Transactions with Greer, Herz & Adams, LLP

Summary of Significant Accoun25

Summary of Significant Accounting Policies and Practices (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting	The consolidated financial statements and notes thereto have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and are reported in U.S. currency.
Consolidation Policy	American National consolidates entities that are wholly-owned and those in which American National owns less than 100% but controls, as well as variable interest entities in which American National is the primary beneficiary. Intercompany balances and transactions with consolidated entities have been eliminated. Investments in unconsolidated affiliates are accounted for using the equity method of accounting.
Reclassification Policy	Certain amounts in prior years have been reclassified to conform to current year presentation.
Use of Estimates	The preparation of the consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported consolidated financial statement balances. Actual results could differ from those estimates.

Recently Issued Accounting Pr26

Recently Issued Accounting Pronouncements (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Summary of Financial Statement Amounts Previously Reported	Financial statement amounts previously reported were revised as shown below (in thousands): As of December 31, 2014 As Reported As Adjusted Effect of Change Investment in unconsolidated affiliates $ 319,283 $ 311,779 $ (7,504 ) Deferred tax liabilities, net 290,112 287,175 (2,937 ) Retained earnings 4,003,209 3,998,642 (4,567 ) As Reported As Adjusted Effect of Change Three months ended September 30, 2014 Provision for federal income taxes, current $ 23,639 $ 25,104 $ 1,465 Provision for federal income taxes, deferred 3,110 3,431 321 Equity in earnings of unconsolidated affiliates 2,735 3,576 841 Net Income attributable to American National 67,884 66,939 (945 ) Nine months ended September 30, 2014 Provision for federal income taxes, current $ 55,690 $ 59,337 $ 3,647 Provision for federal income taxes, deferred 9,974 9,759 (215 ) Equity in earnings of unconsolidated affiliates 10,405 12,181 1,776 Net Income attributable to American National 178,023 176,367 (1,656 )
Summary of Additional Funding to Investments	At September 30, 2015 American National had commitments to provide additional funding to these investments during the following fiscal years as follows (in thousands): Expected year of payment 2015 2016 2017 2018 2019 Total Equity commitments $ 8,251 4,148 1,314 726 1,078 $ 15,517

Investment in Securities (Table

Investment in Securities (Tables)	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Securities	The cost or amortized cost and fair value of investments in securities are shown below (in thousands): September 30, 2015 Cost or Gross Gross Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 324,191 $ 26,068 $ — $ 350,259 Foreign governments 4,111 975 — 5,086 Corporate debt securities 7,055,332 344,616 (90,276 ) 7,309,672 Residential mortgage-backed securities 288,223 22,236 (913 ) 309,546 Collateralized debt securities 1,928 127 — 2,055 Other debt securities 15,766 620 — 16,386 Total bonds held-to-maturity 7,689,551 394,642 (91,189 ) 7,993,004 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,025 814 — 24,839 U.S. states and political subdivisions 925,948 34,206 (1,834 ) 958,320 Foreign governments 5,000 1,929 — 6,929 Corporate debt securities 4,196,262 160,179 (51,382 ) 4,305,059 Residential mortgage-backed securities 28,452 1,648 (259 ) 29,841 Collateralized debt securities 9,051 658 (41 ) 9,668 Total bonds available-for-sale 5,188,738 199,434 (53,516 ) 5,334,656 Equity securities Common stock 755,546 655,360 (23,857 ) 1,387,049 Preferred stock 13,487 10,100 — 23,587 Total equity securities 769,033 665,460 (23,857 ) 1,410,636 Total investments in securities $ 13,647,322 $ 1,259,536 $ (168,562 ) $ 14,738,296 December 31, 2014 Cost or Gross Gross Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 323,053 $ 26,800 $ (93 ) $ 349,760 Foreign governments 29,130 1,293 — 30,423 Corporate debt securities 7,517,195 424,845 (47,315 ) 7,894,725 Residential mortgage-backed securities 336,853 22,317 (1,535 ) 357,635 Collateralized debt securities 2,232 238 — 2,470 Other debt securities 16,587 1,313 — 17,900 Total bonds held-to-maturity 8,225,050 476,806 (48,943 ) 8,652,913 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 22,415 825 (7 ) 23,233 U.S. states and political subdivisions 802,846 36,151 (1,381 ) 837,616 Foreign governments 5,000 2,021 — 7,021 Corporate debt securities 3,812,771 203,048 (15,770 ) 4,000,049 Residential mortgage-backed securities 40,988 1,903 (492 ) 42,399 Collateralized debt securities 10,696 863 (70 ) 11,489 Total bonds available-for-sale 4,694,716 244,811 (17,720 ) 4,921,807 Equity securities Common stock 719,651 774,650 (7,176 ) 1,487,125 Preferred stock 19,733 10,121 (1 ) 29,853 Total equity securities 739,384 784,771 (7,177 ) 1,516,978 Total investments in securities $ 13,659,150 $ 1,506,388 $ (73,840 ) $ 15,091,698
Maturities of Investments	The amortized cost and fair value, by contractual maturity, of fixed maturity securities are shown below (in thousands): September 30, 2015 Bonds Held-to-Maturity Bonds Available-for-Sale Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 394,934 $ 401,042 $ 357,147 $ 361,475 Due after one year through five years 2,348,115 2,535,513 1,015,790 1,083,981 Due after five years through ten years 4,556,548 4,641,818 3,208,405 3,267,070 Due after ten years 384,104 409,531 602,396 617,155 Without single maturity date 5,850 5,100 5,000 4,975 Total $ 7,689,551 $ 7,993,004 $ 5,188,738 $ 5,334,656
Proceeds from Available for Sale Securities and Realized Gain Loss	Proceeds from sales of available-for-sale securities, with the related gross realized gains and losses, are shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Proceeds from sales of available-for-sale securities $ 8,876 $ 2,671 $ 48,352 $ 139,137 Gross realized gains 3,982 228 17,991 24,994 Gross realized losses — — (65 ) (2,123 )
Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities	The components of the change in net unrealized gains (losses) on securities are shown below (in thousands): Nine months ended September 30, 2015 2014 Bonds available-for-sale $ (81,173 ) $ 82,701 Equity securities (135,991 ) 79,211 Change in net unrealized gains (losses) on securities during the year (217,164 ) 161,912 Adjustments for Deferred policy acquisition costs 30,491 (17,175 ) Participating policyholders’ interest 7,222 (8,526 ) Deferred federal income tax benefit (expense) 62,248 (47,160 ) Change in net unrealized gains (losses) on securities, net of tax $ (117,203 ) $ 89,051
Gross Unrealized Losses and Fair Value of Investment Securities	The gross unrealized losses and fair value of the investment securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are shown below (in thousands): September 30, 2015 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ — $ — $ — $ — $ — $ — Corporate debt securities (62,176 ) 1,484,022 (28,100 ) 205,613 (90,276 ) 1,689,635 Residential mortgage-backed securities (146 ) 21,304 (767 ) 16,697 (913 ) 38,001 Total bonds held-to-maturity (62,322 ) 1,505,326 (28,867 ) 222,310 (91,189 ) 1,727,636 Fixed maturity securities, bonds available-for-sale U.S. treasury and government — 3,876 — — — 3,876 U.S. states and political subdivisions (1,758 ) 172,536 (76 ) 2,059 (1,834 ) 174,595 Corporate debt securities (43,045 ) 1,195,908 (8,337 ) 62,378 (51,382 ) 1,258,286 Residential mortgage-backed securities (82 ) 13,772 (177 ) 6,217 (259 ) 19,989 Collateralized debt securities (36 ) 1,986 (5 ) 292 (41 ) 2,278 Total bonds available-for-sale (44,921 ) 1,388,078 (8,595 ) 70,946 (53,516 ) 1,459,024 Equity securities Common stock (23,857 ) 112,392 — — (23,857 ) 112,392 Preferred stock — — — — — — Total equity securities (23,857 ) 112,392 — — (23,857 ) 112,392 Total $ (131,100 ) $ 3,005,796 $ (37,462 ) $ 293,256 $ (168,562 ) $ 3,299,052 December 31, 2014 Less than 12 months 12 Months or more Total Unrealized Fair Value Unrealized Fair Value Unrealized Fair Value Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ (37 ) $ 3,388 $ (56 ) $ 2,465 $ (93 ) $ 5,853 Corporate debt securities (20,575 ) 523,766 (26,740 ) 662,362 (47,315 ) 1,186,128 Residential mortgage-backed securities (232 ) 12,186 (1,303 ) 31,163 (1,535 ) 43,349 Total bonds held-to-maturity (20,844 ) 539,340 (28,099 ) 695,990 (48,943 ) 1,235,330 Fixed maturity securities, bonds available-for-sale U.S. treasury and government (7 ) 14,552 — — (7 ) 14,552 U.S. states and political subdivisions (166 ) 27,719 (1,215 ) 78,851 (1,381 ) 106,570 Corporate debt securities (8,852 ) 384,451 (6,918 ) 288,808 (15,770 ) 673,259 Residential mortgage-backed securities (170 ) 9,386 (322 ) 14,042 (492 ) 23,428 Collateralized debt securities (63 ) 2,033 (7 ) 339 (70 ) 2,372 Total bonds available-for-sale (9,258 ) 438,141 (8,462 ) 382,040 (17,720 ) 820,181 Equity securities Common stock (7,176 ) 43,907 — — (7,176 ) 43,907 Preferred stock (1 ) — — — (1 ) — Total equity securities (7,177 ) 43,907 — — (7,177 ) 43,907 Total $ (37,279 ) $ 1,021,388 $ (36,561 ) $ 1,078,030 $ (73,840 ) $ 2,099,418
Bond by Credit Quality Rating Distribution	Bonds distributed by credit quality rating, using both Standard & Poor’s and Moody’s ratings, are shown below: September 30, 2015 December 31, 2014 AAA 5.4 % 5.0 % AA 12.2 12.8 A 38.1 39.4 BBB 41.3 39.5 BB and below 3.0 3.3 Total 100.0 % 100.0 %
Equity Securities by Market Sector Distribution	Equity securities by market sector distribution are shown below: September 30, 2015 December 31, 2014 Consumer goods 21.4 % 20.4 % Energy and utilities 10.8 13.3 Financials 19.1 19.1 Healthcare 14.9 14.0 Industrials 8.1 8.4 Information technology 17.3 16.2 Other 8.4 8.6 Total 100.0 % 100.0 %

Mortgage Loans (Tables)

Mortgage Loans (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Distribution Based on Carrying Amount of Mortgage Loans by Location	The distribution based on carrying amount of mortgage loans by location are as follows: September 30, 2015 December 31, 2014 East North Central 18.8 % 19.4 % East South Central 4.4 5.0 Mountain 12.3 11.0 Pacific 10.0 10.8 South Atlantic 19.7 21.9 West South Central 29.2 24.9 Other 5.6 7.0 Total 100.0 % 100.0 %
Age Analysis of Past Due Loans	The age analysis of past due loans is shown below (in thousands): 30-59 Days 60-89 Days More Than Total Past Due Past Due 90 Days Total Current Amount Percent September 30, 2015 Industrial $ — $ — $ — $ — $ 705,260 $ 705,260 20.4 % Office — — 8,228 8,228 1,267,942 1,276,170 37.2 Retail — — 5,005 5,005 807,829 812,834 23.7 Other — — — — 662,908 662,908 18.7 Total $ — $ — $ 13,233 $ 13,233 $ 3,443,939 3,457,172 100.0 % Allowance for loan losses (12,769 ) Total, net of allowance $ 3,444,403 December 31, 2014 Industrial $ — $ — $ — $ — $ 702,541 $ 702,541 20.9 % Office — — 19,327 19,327 1,201,833 1,221,160 36.1 Retail — — — — 615,813 615,813 18.1 Other — — — — 837,932 837,932 24.9 Total $ — $ — $ 19,327 $ 19,327 $ 3,358,119 $ 3,377,446 100.0 % Allowance for loan losses (17,860 ) Total, net of allowance $ 3,359,586
Change in Allowance for Credit Losses in Mortgage Loans	The change in allowance for credit losses in mortgage loans is shown below (in thousands): Nine months ended September 30, Collectively Individually Evaluated Evaluated for Impairment for Impairment Beginning balance, 2015 $ 12,277 $ 5,583 Change in allowance (1,688 ) (3,403 ) Ending balance, 2015 $ 10,589 $ 2,180
Loans Individually Evaluated for Impairment With and Without Allowance	Loans individually evaluated for impairment with and without an allowance are shown below (in thousands): September 30, 2015 September 30, 2014 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Three months ended With an allowance recorded Office $ 18,014 $ 555 $ 27,564 $ 547 Total $ 18,014 $ 555 $ 27,564 $ 547 Without an allowance recorded Office $ 26,639 $ 422 $ 26,941 $ 431 Industrial — — 2,702 36 Retail 8,812 134 851 11 Total $ 35,451 $ 556 $ 30,494 $ 478 Nine months ended With an allowance recorded Office $ 18,116 $ 1,016 $ 29,421 $ 1,663 Total $ 18,116 $ 1,016 $ 29,421 $ 1,663 Without an allowance recorded Office $ 26,326 $ 1,262 $ 27,019 $ 1,298 Industrial — — 2,721 110 Retail 8,895 410 1,149 16 Total $ 35,221 $ 1,672 $ 30,889 $ 1,424 September 30, 2015 December 31, 2014 Unpaid Unpaid Recorded Principal Recorded Principal Investment Balance Investment Balance With an allowance recorded Office $ 16,275 $ 17,961 $ 26,563 $ 31,653 Retail — — — 493 Total $ 16,275 $ 17,961 $ 26,563 $ 32,146 Without an allowance recorded Office $ 26,695 $ 26,695 $ 26,941 $ 26,941 Industrial — — 2,702 2,702 Retail 8,782 8,782 — — Total $ 35,477 $ 35,477 $ 29,643 $ 29,643
Number of Mortgage Loans and Recorded Investment	The number of mortgage loans and recorded investment in troubled debt restructuring are as follows (in thousands, except number of contracts): Nine months ended September 30, 2015 2014 Number of Recorded Recorded Number of Recorded Recorded Office 2 $ 12,211 $ 12,211 3 $ 34,400 $ 30,996

Investment Real Estate (Tables)

Investment Real Estate (Tables)	9 Months Ended
	Sep. 30, 2015
Real Estate [Abstract]
Investment Real Estate by Property-Type and Geographic Distribution	Investment real estate by property-type and geographic distribution are as follows: September 30, 2015 December 31, 2014 Industrial 11.2 % 13.0 % Office 33.4 25.0 Retail 40.0 44.1 Other 15.4 17.9 Total 100.0 % 100.0 % September 30, 2015 December 31, 2014 East North Central 12.3 % 4.5 % East South Central 3.8 4.6 Mountain 8.0 9.6 Pacific 6.1 7.1 South Atlantic 10.9 12.2 West South Central 53.0 55.6 Other 5.9 6.4 Total 100.0 % 100.0 %
Assets and Liabilities Related to VIEs	The assets and liabilities relating to the VIEs included in the consolidated financial statements are as follows (in thousands): September 30, 2015 December 31, 2014 Investment real estate $ 165,685 $ 140,032 Short-term investments 1 1 Cash and cash equivalents 3,204 2,495 Accrued investment income 339 683 Other receivables 7,095 7,999 Other assets 6,316 8,483 Total assets of consolidated VIEs $ 182,640 $ 159,693 Notes payable $ 126,145 $ 108,177 Other liabilities 11,102 8,954 Total liabilities of consolidated VIEs $ 137,247 $ 117,131
Carrying Amount and Maximum Exposure to Loss Related to VIEs	The carrying amount and maximum exposure to loss relating to unconsolidated VIEs follows (in thousands): September 30, 2015 December 31, 2014 Carrying Maximum Carrying Maximum Investment in unconsolidated affiliates $ 220,223 $ 220,223 $ 157,620 $ 157,620 Mortgage loans 212,972 212,972 172,408 172,408 Accrued investment income 778 778 721 721

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments Reported in Financial Position	The detail of derivative instruments is shown below (in thousands, except number of instruments): September 30, 2015 December 31, 2014 Derivatives Not Designated as Hedging Instruments Location in the Consolidated Number of Notional Estimated Number of Notional Estimated Equity-indexed options Other invested assets 454 $ 1,249,300 $ 141,385 436 $ 1,095,300 $ 189,449 Equity-indexed embedded derivative Policyholders’ account balances 48,923 1,005,100 207,302 42,287 961,300 208,187
Schedule of Derivative Instruments Reported in Statements of Operations	Gains (Losses) Recognized in Income on Derivatives Derivatives Not Designated as Hedging Instruments Location in the Consolidated Statements of Operations Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Equity-indexed options Net investment income $ (33,682 ) $ 6,562 $ (34,646 ) $ 29,011 Equity-indexed embedded derivative Interest credited to policyholders’ account balances 16,780 (1,762 ) 19,997 (16,484 )

Net Investment Income and Rea31

Net Investment Income and Realized Investment Gains (Losses) (Tables)	9 Months Ended
	Sep. 30, 2015
Text Block [Abstract]
Summary of Net Investment Income	Net investment income is shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Bonds $ 138,707 $ 148,715 $ 421,543 $ 450,110 Equity securities 9,353 8,146 27,869 26,488 Mortgage loans 50,681 51,652 149,682 159,010 Real estate 13,555 14,245 11,949 11,347 Options (33,682 ) 6,562 (34,646 ) 29,011 Other invested assets 5,868 7,169 20,960 21,638 Total $ 184,482 $ 236,489 $ 597,357 $ 697,604
Summary of Realized Investment Gains (Losses)	Realized investment gains (losses) are shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Bonds $ (34 ) $ 1,925 $ 10,063 $ 21,837 Equity securities 7,669 229 44,579 10,293 Mortgage loans 639 (1,551 ) (94 ) (5,424 ) Real estate (739 ) (1,242 ) 9,094 1,787 Other invested assets (7 ) (10 ) (44 ) (945 ) Total $ 7,528 $ (649 ) $ 63,598 $ 27,548
Summary of Other Than Temporary Impairment Losses	Other-than-temporary impairment losses are shown below (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Bonds $ (286 ) $ — $ (286 ) $ (41 ) Equity securities (19,121 ) (1,608 ) (22,618 ) (3,004 ) Total $ (19,407 ) $ (1,608 ) $ (22,904 ) $ (3,045 )

Fair Value of Financial Instr32

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Carrying Amount and Fair Value of Financial Instruments	The carrying amount and fair value of financial instruments are shown below (in thousands): September 30, 2015 December 31, 2014 Carrying Fair Value Carrying Fair Value Financial assets Fixed maturity securities, bonds held-to-maturity $ 7,689,551 $ 7,993,004 $ 8,225,050 $ 8,652,913 Fixed maturity securities, bonds available-for-sale 5,334,656 5,334,656 4,921,807 4,921,807 Equity securities 1,410,636 1,410,636 1,516,978 1,516,978 Equity-indexed options 141,385 141,385 189,449 189,449 Mortgage loans on real estate, net of allowance 3,444,403 3,670,607 3,359,586 3,618,944 Policy loans 406,728 406,728 405,979 405,979 Short-term investments 494,496 494,496 431,000 431,000 Separate account assets 894,890 894,890 1,001,515 1,001,515 Total financial assets $ 19,816,745 $ 20,346,402 $ 20,051,364 $ 20,738,585 Financial liabilities Investment contracts $ 8,711,223 $ 8,711,223 $ 8,894,747 $ 8,894,747 Embedded derivative liability for equity-indexed contracts 207,302 207,302 208,187 208,187 Notes payable 126,145 126,145 108,177 108,177 Separate account liabilities 894,890 894,890 1,001,515 1,001,515 Total financial liabilities $ 9,939,560 $ 9,939,560 $ 10,212,626 $ 10,212,626
Quantitative Disclosures Regarding Fair Value Hierarchy Measurements	The fair value hierarchy measurements of the financial instruments are shown below (in thousands): Fair Value Measurement as of September 30, 2015 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 350,259 $ — $ 350,259 $ — Foreign governments 5,086 — 5,086 — Corporate debt securities 7,309,672 — 7,261,358 48,314 Residential mortgage-backed securities 309,546 — 308,605 941 Collateralized debt securities 2,055 — 2,055 — Other debt securities 16,386 — 12,530 3,856 Total bonds held-to-maturity 7,993,004 — 7,939,893 53,111 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 24,839 — 24,839 — U.S. states and political subdivisions 958,320 — 955,825 2,495 Foreign governments 6,929 — 6,929 — Corporate debt securities 4,305,059 — 4,298,265 6,794 Residential mortgage-backed securities 29,841 — 28,038 1,803 Collateralized debt securities 9,668 — 7,769 1,899 Total bonds available-for-sale 5,334,656 — 5,321,665 12,991 Equity securities Common stock 1,387,049 1,387,049 — — Preferred stock 23,587 23,587 — — Total equity securities 1,410,636 1,410,636 — — Options 141,385 — — 141,385 Mortgage loans on real estate 3,670,607 — 3,670,607 — Policy loans 406,728 — — 406,728 Short-term investments 494,496 — 494,496 — Separate account assets 894,890 — 894,890 — Total financial assets $ 20,346,402 $ 1,410,636 $ 18,321,551 $ 614,215 Financial liabilities Investment contracts $ 8,711,223 $ — $ — $ 8,711,223 Embedded derivative liability for equity-indexed contracts 207,302 — — 207,302 Notes payable 126,145 — — 126,145 Separate account liabilities 894,890 — 894,890 — Total financial liabilities $ 9,939,560 $ — $ 894,890 $ 9,044,670 Fair Value Measurement as of December 31, 2014 Total Fair Value Level 1 Level 2 Level 3 Financial assets Fixed maturity securities, bonds held-to-maturity U.S. states and political subdivisions $ 349,760 $ — $ 349,760 $ — Foreign governments 30,423 — 30,423 — Corporate debt securities 7,894,725 — 7,833,564 61,161 Residential mortgage-backed securities 357,635 — 356,670 965 Collateralized debt securities 2,470 — — 2,470 Other debt securities 17,900 — 12,975 4,925 Total bonds held-to-maturity 8,652,913 — 8,583,392 69,521 Fixed maturity securities, bonds available-for-sale U.S. treasury and government 23,233 — 23,233 — U.S. states and political subdivisions 837,616 — 835,106 2,510 Foreign governments 7,021 — 7,021 — Corporate debt securities 4,000,049 — 3,941,925 58,124 Residential mortgage-backed securities 42,399 — 40,473 1,926 Collateralized debt securities 11,489 — 9,616 1,873 Total bonds available-for-sale 4,921,807 — 4,857,374 64,433 Equity securities Common stock 1,487,125 1,487,125 — — Preferred stock 29,853 29,853 — — Total equity securities 1,516,978 1,516,978 — — Options 189,449 — — 189,449 Mortgage loans on real estate 3,618,944 — 3,618,944 — Policy loans 405,979 — — 405,979 Short-term investments 431,000 — 431,000 — Separate account assets 1,001,515 — 1,001,515 — Total financial assets $ 20,738,585 $ 1,516,978 $ 18,492,225 $ 729,382 Financial liabilities Investment contracts $ 8,894,747 $ — $ — $ 8,894,747 Embedded derivative liability for equity-indexed contracts 208,187 — — 208,187 Notes payable 108,177 — — 108,177 Separate account liabilities 1,001,515 — 1,001,515 — Total financial liabilities $ 10,212,626 $ — $ 1,001,515 $ 9,211,111
Financial Instruments Measured at Fair Value on Recurring Basis Using (Level 3) Inputs	For financial instruments measured at fair value on a recurring basis using Level 3 inputs during the period, a reconciliation of the beginning and ending balances is shown below (in thousands): Level 3 Three months ended September 30, Nine months ended September 30, Assets Liability Assets Liability Equity- Equity- Investment Indexed Embedded Investment Indexed Embedded Securities Options Derivative Securities Options Derivative Beginning balance, 2015 $ 67,200 $ 183,963 $ 208,827 $ 64,433 $ 189,449 $ 208,187 Total realized and unrealized investment gains (losses) included in other comprehensive income 150 — — (18 ) — — Net fair value change included in realized gains (losses) — — — — — — Net gain (loss) for derivatives included in net investment income — (34,643 ) — — (39,266 ) — Net change included in interest credited — — (16,780 ) — — (19,997 ) Purchases, sales and settlements or maturities Purchases — 5,725 — — 15,313 — Sales 120 (11,160 ) — (1 ) (11,160 ) — Settlements or maturities (1 ) (2,500 ) — (343 ) (12,951 ) — Premiums less benefits — — 15,255 — — 19,112 Gross transfers into Level 3 — — — 3,398 — — Gross transfers out of Level 3 (54,478 ) — — (54,478 ) — — Ending balance September 30, 2015 $ 12,991 $ 141,385 $ 207,302 $ 12,991 $ 141,385 $ 207,302 Beginning balance, 2014 $ 11,932 $ 163,861 $ 186,261 $ 48,304 $ 164,753 $ 148,435 Total realized and unrealized investment gains (losses) included in other comprehensive income 138 — — (11,735 ) — — Net fair value change included in realized gains (losses) — — — 13,056 — — Net gain (loss) for derivatives included in net investment income — 4,998 — — 23,788 — Net change included in interest credited — — 1,762 — — 16,484 Purchases, sales and settlements or maturities Purchases — 3,655 — — 12,345 — Sales (120 ) — — (37,670 ) — — Settlements or maturities (5 ) (2,171 ) — (10 ) (30,543 ) — Premiums less benefits — — 3,737 — — 26,841 Gross transfers into Level 3 30,199 — — 30,199 — — Gross transfers out of Level 3 — — — — — — Ending balance September 30, 2014 $ 42,144 $ 170,343 $ 191,760 $ 42,144 $ 170,343 $ 191,760

Deferred Policy Acquisition C33

Deferred Policy Acquisition Costs (Tables)	9 Months Ended
	Sep. 30, 2015
Insurance [Abstract]
Deferred Policy Acquisition Costs	Deferred policy acquisition costs are shown below (in thousands): Life Annuity Accident Property & Total Beginning balance, 2015 $ 711,469 $ 382,441 $ 47,784 $ 111,850 $ 1,253,544 Additions 81,568 42,264 15,869 175,006 314,707 Amortization (60,998 ) (57,412 ) (18,195 ) (173,010 ) (309,615 ) Effect of change in unrealized gains on available-for-sale securities 7,742 22,749 — — 30,491 Net change 28,312 7,601 (2,326 ) 1,996 35,583 Ending balance at September 30, 2015 $ 739,781 $ 390,042 $ 45,458 $ 113,846 $ 1,289,127

Liability for Unpaid Claims a34

Liability for Unpaid Claims and Claim Adjustment Expenses (Tables)	9 Months Ended
	Sep. 30, 2015
Insurance [Abstract]
Liability for Unpaid Claims and Claim Adjustment Expenses	Information regarding the liability for unpaid claims is shown below (in thousands): Nine months ended September 30, 2015 2014 Unpaid claims balance, beginning $ 1,132,394 $ 1,096,299 Less reinsurance recoverables 245,906 215,161 Net beginning balance 886,488 881,138 Incurred related to Current 705,988 706,824 Prior years (7,835 ) (29,044 ) Total incurred claims 698,153 677,780 Paid claims related to Current 414,287 410,077 Prior years 284,732 252,082 Total paid claims 699,019 662,159 Net balance 885,622 896,759 Plus reinsurance recoverables 215,464 235,485 Unpaid claims balance, ending $ 1,101,086 $ 1,132,244

Federal Income Taxes (Tables)

Federal Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Effective Income Tax Reconciliation	A reconciliation of the effective tax rate to the statutory federal tax rate is shown below (in thousands, except percentages): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 (As Adjusted) (As Adjusted) Amount Rate Amount Rate Amount Rate Amount Rate Income tax on pre-tax income $ 22,050 35.0 % $ 33,171 35.0 % $ 91,284 35.0 % $ 82,308 35.0 % Tax-exempt investment income (1,863 ) (3.0 ) (1,742 ) (1.8 ) (5,688 ) (2.2 ) (4,897 ) (2.1 ) Dividend exclusion (1,841 ) (2.9 ) (1,700 ) (1.8 ) (5,788 ) (2.2 ) (5,253 ) (2.2 ) Miscellaneous tax credits, net (2,256 ) (3.6 ) (2,658 ) (2.8 ) (6,728 ) (2.6 ) (5,873 ) (2.5 ) Low income housing tax credit expense 1,307 2.1 1,786 1.9 3,792 1.5 3,432 1.5 Other items, net 737 1.2 (322 ) (0.3 ) 2,162 0.8 (621 ) (0.3 ) Total $ 18,134 28.8 % $ 28,535 30.2 % $ 79,034 30.3 % $ 69,096 29.4 %

Accumulated Other Comprehensi36

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Components of Other Comprehensive Income (Loss)	The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below (in thousands): Net Unrealized Defined Foreign AOCI Beginning balance, 2015 $ 568,151 $ (76,074 ) $ (1,295 ) $ 490,782 Amounts reclassified from AOCI (net of tax benefit $8,221 and expense $2,449) (15,268 ) 4,549 — (10,719 ) Unrealized holding losses arising during the period (net of tax benefit $67,787) (125,888 ) (125,888 ) Unrealized adjustment to DAC (net of tax expense $11,232) 19,259 19,259 Unrealized gains on investments attributable to participating policyholders’ interest (net of tax expense $2,528) 4,694 4,694 Foreign currency adjustment (net of tax benefit $1,124) (2,087 ) (2,087 ) Ending balance at September 30, 2015 $ 450,948 $ (71,525 ) $ (3,382 ) $ 376,041 Beginning balance, 2014 $ 457,937 $ (43,884 ) $ (341 ) $ 413,712 Amounts reclassified from AOCI (net of tax benefit $8,906 and expense $1,159) (16,539 ) 2,152 — (14,387 ) Unrealized holding gains arising during the period (net of tax expense $65,575) 121,782 121,782 Unrealized adjustment to DAC (net of tax benefit $6,525) (10,650 ) (10,650 ) Unrealized gains on investments attributable to participating policyholders’ interest (net of tax benefit $2,984) (5,542 ) (5,542 ) Foreign currency adjustment (net of tax benefit $311) (577 ) (577 ) Ending balance at September 30, 2014 $ 546,988 $ (41,732 ) $ (918 ) $ 504,338

Stockholders' Equity and Nonc37

Stockholders' Equity and Noncontrolling Interests (Tables)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Common Stock, Amounts Outstanding	American National has one class of common stock with a par value of $1.00 per share and 50,000,000 authorized shares. The amounts outstanding at the dates indicated are shown below: September 30, December 31, 2015 2014 Common stock Shares issued 30,832,449 30,832,449 Treasury shares (3,940,947 ) (3,960,507 ) Outstanding shares 26,891,502 26,871,942 Restricted shares (76,000 ) (142,667 ) Unrestricted outstanding shares 26,815,502 26,729,275
Stock-Based Compensation Information	SAR, RS and RSU information for the periods indicated are shown below: SAR RS Shares RS Units Shares Weighted- Shares Weighted- Units Weighted- Outstanding at December 31, 2014 54,930 $ 114.86 142,667 $ 107.39 128,214 $ 95.82 Granted — — — — 83,093 104.75 Exercised (116 ) 73.97 (66,667 ) 103.58 (72,093 ) 90.85 Forfeited — — — — (281 ) 105.02 Expired (16,646 ) 114.57 — — — — Outstanding at September 30, 2015 38,168 $ 115.11 76,000 $ 110.73 138,933 $ 103.73 SAR RS Shares RS Units Weighted-average contractual remaining life (in years) 1.44 3.71 1.95 Exercisable shares 38,154 N/A N/A Weighted-average exercise price $ 115.11 $ 110.73 $ 103.73 Weighted-average exercise price exercisable shares 115.12 N/A N/A Compensation expense (credit) Three months ended September 30, 2015 $ (14,000 ) $ 282,000 $ 1,114,000 Three months ended September 30, 2014 (19,000 ) 496,000 522,000 Nine months ended September 30, 2015 (82,000 ) 935,000 5,421,000 Nine months ended September 30, 2014 (33,000 ) 2,577,000 6,447,000 Fair value of liability award September 30, 2015 $ 27,000 N/A $ 19,134,000 December 31, 2014 167,000 N/A 16,301,000
Summary of Basic and Diluted Earnings Per Share	Diluted earnings per share include RS and RSU award shares. Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 (As Adjusted) (As Adjusted) Weighted average shares outstanding 26,899,683 26,805,535 26,865,359 26,800,835 Incremental shares from RS awards and RSUs 63,952 105,972 80,027 118,579 Total shares for diluted calculations 26,963,635 26,911,507 26,945,386 26,919,414 Net income attributable to American National (in thousands) $ 42,013 $ 66,939 $ 180,048 $ 176,367 Basic earnings per share $ 1.56 $ 2.50 $ 6.70 $ 6.58 Diluted earnings per share 1.56 2.49 6.68 6.55
Statutory Capital and Surplus and Net Income of Insurance Entities in Accordance with Statutory Accounting Practices	The statutory capital and surplus and net income of our life and property and casualty insurance entities in accordance with statutory accounting practices are shown below (in thousands): September 30, 2015 December 31, 2014 Statutory capital and surplus Life insurance entities $ 1,927,011 $ 1,904,128 Property and casualty insurance entities 1,006,622 984,155 Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Statutory net income Life insurance entities $ 21,990 $ 43,447 $ 101,232 $ 139,564 Property and casualty insurance entities 29,253 22,718 43,190 44,852

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Summary of Results of Operations Measured as Income from Continuing Operations Before Federal Income Taxes and Equity in Earnings (Losses) of Unconsolidated Affiliates by Operating Segments	The following summarizes the results of operations measured as the income from continuing operations before federal income taxes, and equity in earnings (losses) of unconsolidated affiliates by operating segments (in thousands): Three months ended September 30, Nine months ended September 30, 2015 2014 2015 2014 Life $ 10,193 $ 10,794 $ 25,523 $ 22,076 Annuity 4,433 24,366 38,668 70,415 Health (11,178 ) 9,304 1,725 19,579 Property and Casualty 33,980 30,088 42,758 59,790 Corporate and Other 9,232 20,223 78,752 63,305 Total $ 46,660 $ 94,775 $ 187,426 $ 235,165

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	The impact on the consolidated financial statements of significant related party transactions is shown below (in thousands): Financial Statement Line Impacted Dollar Amount of Transactions Amount due to (from) American National Nine months ended September 30, September 30, 2015 December 31, 2014 Related Party 2015 2014 Gal-Tex Hotel Corporation Mortgage loan on real estate $ 986 $ 917 $ 5,522 $ 6,508 Gal-Tex Hotel Corporation Net investment income 330 399 33 39 Greer, Herz & Adams, LLP Other operating expenses 6,011 8,037 (366 ) (309 )

Nature of Operations - Addition

Nature of Operations - Additional Information (Detail)	Sep. 30, 2015State
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of states	50

Summary of Significant Accoun41

Summary of Significant Accounting Policies and Practices - Additional Information (Detail)	Sep. 30, 2015
Maximum [Member]
Schedule Of Significant Accounting Policies [Line Items]
Entity ownership percentage	100.00%

Recently Issued Accounting Pr42

Recently Issued Accounting Pronouncements - Additional Information (Detail) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Investments held in Qualified Affordable Housing Projects	$ 40,579,000		$ 32,778,000
Tax credits and other tax benefits recognized	6,672,000	$ 5,817,000
Amortized cost of investments	$ 5,834,000	$ 4,033,000
Qualified Affordable Housing Project [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Investment in unconsolidated affiliates asset			(7,504,000)
Deferred tax liability			(2,937,000)
Reduction in the opening balance of stockholders' equity			$ (4,567,000)

Recently Issued Accounting Pr43

Recently Issued Accounting Pronouncements - Summary of Financial Statement Amounts Previously Reported (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Prior Period Adjustments Reclassification [Line Items]
Investment in unconsolidated affiliates	$ 342,841		$ 342,841		$ 311,779
Deferred tax liabilities, net	226,894		226,894		287,175
Retained earnings	4,115,757		4,115,757		3,998,642
Provision for federal income taxes, current	30,037	$ 25,104	76,546	$ 59,337
Provision for federal income taxes, current	(1,307)	(1,786)	(3,792)	(3,432)
Provision for federal income taxes, deferred	(11,903)	3,431	2,488	9,759
Equity in earnings of unconsolidated affiliates	16,339	3,576	73,385	12,181
Net income attributable to American National	$ 42,013	66,939	$ 180,048	176,367
As Reported [Member]
Prior Period Adjustments Reclassification [Line Items]
Investment in unconsolidated affiliates					319,283
Deferred tax liabilities, net					290,112
Retained earnings					4,003,209
Provision for federal income taxes, current		23,639		55,690
Provision for federal income taxes, deferred		3,110		9,974
Equity in earnings of unconsolidated affiliates		2,735		10,405
Net income attributable to American National		67,884		178,023
Effect of Change [Member]
Prior Period Adjustments Reclassification [Line Items]
Provision for federal income taxes, current		1,465		3,647
Provision for federal income taxes, deferred		321		(215)
Equity in earnings of unconsolidated affiliates		841		1,776
Net income attributable to American National		$ (945)		$ (1,656)
Qualified Affordable Housing Project [Member]
Prior Period Adjustments Reclassification [Line Items]
Investment in unconsolidated affiliates					(7,504)
Deferred tax liabilities, net					(2,937)
Retained earnings					$ (4,567)

Recently Issued Accounting Pr44

Recently Issued Accounting Pronouncements - Summary of Additional Funding to Investments (Detail) $ in Thousands	Sep. 30, 2015USD ($)
Investments, All Other Investments [Abstract]
Equity commitments in 2015	$ 8,251
Equity commitments in 2016	4,148
Equity commitments in 2017	1,314
Equity commitments in 2018	726
Equity commitments in 2019	1,078
Total Equity commitments	$ 15,517

Investments in Securities - Inv

Investments in Securities - Investments in Securities (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	$ 7,689,551	$ 8,225,050
Held-to-maturity securities, Gross Unrealized Gains	394,642	476,806
Held-to-maturity securities, Gross Unrealized (Losses)	(91,189)	(48,943)
Held-to-maturity securities, Fair Value	7,993,004	8,652,913
Available-for-sale debt securities, Cost or Amortized Cost	5,188,738	4,694,716
Available-for-sale debt securities, Gross Unrealized Gains	199,434	244,811
Available-for-sale debt securities, Gross Unrealized (Losses)	(53,516)	(17,720)
Available-for-sale debt securities, Fair Value	5,334,656	4,921,807
Available-for-sale equity securities, Cost or Amortized Cost	769,033	739,384
Available-for-sale equity securities, Gross Unrealized Gains	665,460	784,771
Available-for-sale equity securities, Gross Unrealized (Losses)	(23,857)	(7,177)
Available-for-sale equity securities, Fair Value	1,410,636	1,516,978
Investments in securities, Cost or Amortized cost	13,647,322	13,659,150
Investments in securities, Gross Unrealized Gains	1,259,536	1,506,388
Investments in securities, Gross Unrealized (Losses)	(168,562)	(73,840)
Investments in securities, Fair Value	14,738,296	15,091,698
U.S. Treasury and Government [Member]
Investment [Line Items]
Available-for-sale debt securities, Cost or Amortized Cost	24,025	22,415
Available-for-sale debt securities, Gross Unrealized Gains	814	825
Available-for-sale debt securities, Gross Unrealized (Losses)		(7)
Available-for-sale debt securities, Fair Value	24,839	23,233
U.S. States and Political Subdivisions [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	324,191	323,053
Held-to-maturity securities, Gross Unrealized Gains	26,068	26,800
Held-to-maturity securities, Gross Unrealized (Losses)		(93)
Held-to-maturity securities, Fair Value	350,259	349,760
Available-for-sale debt securities, Cost or Amortized Cost	925,948	802,846
Available-for-sale debt securities, Gross Unrealized Gains	34,206	36,151
Available-for-sale debt securities, Gross Unrealized (Losses)	(1,834)	(1,381)
Available-for-sale debt securities, Fair Value	958,320	837,616
Foreign Governments [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	4,111	29,130
Held-to-maturity securities, Gross Unrealized Gains	975	1,293
Held-to-maturity securities, Fair Value	5,086	30,423
Available-for-sale debt securities, Cost or Amortized Cost	5,000	5,000
Available-for-sale debt securities, Gross Unrealized Gains	1,929	2,021
Available-for-sale debt securities, Fair Value	6,929	7,021
Corporate Debt Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	7,055,332	7,517,195
Held-to-maturity securities, Gross Unrealized Gains	344,616	424,845
Held-to-maturity securities, Gross Unrealized (Losses)	(90,276)	(47,315)
Held-to-maturity securities, Fair Value	7,309,672	7,894,725
Available-for-sale debt securities, Cost or Amortized Cost	4,196,262	3,812,771
Available-for-sale debt securities, Gross Unrealized Gains	160,179	203,048
Available-for-sale debt securities, Gross Unrealized (Losses)	(51,382)	(15,770)
Available-for-sale debt securities, Fair Value	4,305,059	4,000,049
Residential Mortgage-Backed Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	288,223	336,853
Held-to-maturity securities, Gross Unrealized Gains	22,236	22,317
Held-to-maturity securities, Gross Unrealized (Losses)	(913)	(1,535)
Held-to-maturity securities, Fair Value	309,546	357,635
Available-for-sale debt securities, Cost or Amortized Cost	28,452	40,988
Available-for-sale debt securities, Gross Unrealized Gains	1,648	1,903
Available-for-sale debt securities, Gross Unrealized (Losses)	(259)	(492)
Available-for-sale debt securities, Fair Value	29,841	42,399
Collateralized Debt Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	1,928	2,232
Held-to-maturity securities, Gross Unrealized Gains	127	238
Held-to-maturity securities, Fair Value	2,055	2,470
Available-for-sale debt securities, Cost or Amortized Cost	9,051	10,696
Available-for-sale debt securities, Gross Unrealized Gains	658	863
Available-for-sale debt securities, Gross Unrealized (Losses)	(41)	(70)
Available-for-sale debt securities, Fair Value	9,668	11,489
Other Debt Securities [Member]
Investment [Line Items]
Held-to-maturity securities, Cost or Amortized Cost	15,766	16,587
Held-to-maturity securities, Gross Unrealized Gains	620	1,313
Held-to-maturity securities, Fair Value	16,386	17,900
Common Stock [Member]
Investment [Line Items]
Available-for-sale equity securities, Cost or Amortized Cost	755,546	719,651
Available-for-sale equity securities, Gross Unrealized Gains	655,360	774,650
Available-for-sale equity securities, Gross Unrealized (Losses)	(23,857)	(7,176)
Available-for-sale equity securities, Fair Value	1,387,049	1,487,125
Preferred Stock [Member]
Investment [Line Items]
Available-for-sale equity securities, Cost or Amortized Cost	13,487	19,733
Available-for-sale equity securities, Gross Unrealized Gains	10,100	10,121
Available-for-sale equity securities, Gross Unrealized (Losses)		(1)
Available-for-sale equity securities, Fair Value	$ 23,587	$ 29,853

Investments in Securities - Mat

Investments in Securities - Maturities of Investments (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Available-for-sale Securities and Held-to-maturity Securities [Abstract]
Bonds Held-to-Maturity, Amortized Cost, Due in one year or less	$ 394,934
Bonds Held-to-Maturity, Amortized Cost, Due after one year through five years	2,348,115
Bonds Held-to-Maturity, Amortized Cost, Due after five years through ten years	4,556,548
Bonds Held-to-Maturity, Amortized Cost, Due after ten years	384,104
Bonds Held-to-Maturity, Amortized Cost, Without single maturity date	5,850
Held-to-maturity securities, Cost or Amortized Cost	7,689,551	$ 8,225,050
Bonds Held-to-Maturity, Fair Value, Due in one year or less	401,042
Bonds Held-to-Maturity, Fair Value, Due after one year through five years	2,535,513
Bonds Held-to-Maturity, Fair Value, Due after five years through ten years	4,641,818
Bonds Held-to-Maturity, Fair Value, Due after ten years	409,531
Bonds Held-to-Maturity, Fair Value, Without single maturity date	5,100
Held-to-maturity securities, Fair Value	7,993,004	8,652,913
Bonds Available-for-Sale, Amortized Cost, Due in one year or less	357,147
Bonds Available-for-Sale, Amortized Cost, Due after one year through five years	1,015,790
Bonds Available-for-Sale, Amortized Cost, Due after five years through ten years	3,208,405
Bonds Available-for-Sale, Amortized Cost, Due after ten years	602,396
Bonds Available-for-Sale, Amortized Cost, Without single maturity date	5,000
Bonds Available-for-Sale, Amortized Cost	5,188,738	4,694,716
Bonds Available-for-Sale, Fair Value, Due in one year or less	361,475
Bonds Available-for-Sale, Fair Value, Due after one year through five years	1,083,981
Bonds Available-for-Sale, Fair Value, Due after five years through ten years	3,267,070
Bonds Available-for-Sale, Fair Value, Due after ten years	617,155
Bonds Available-for-Sale, Fair Value, Without single maturity date	4,975
Available-for-sale debt securities, Fair Value	$ 5,334,656	$ 4,921,807

Investments in Securities - Pro

Investments in Securities - Proceeds from Available for Sale Securities and Realized Gain Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]
Proceeds from sales of available-for-sale securities	$ 8,876	$ 2,671	$ 48,352	$ 139,137
Gross realized gains	$ 3,982	$ 228	17,991	24,994
Gross realized losses			$ (65)	$ (2,123)

Investments in Securities - Add

Investments in Securities - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Available-for-sale Securities and Held-to-maturity Securities [Abstract]
Securities transferred from held-to-maturity to available-for-sale	$ 171,000	$ 44,781,000
Unrealized gain (loss), transferred securities	$ (53,000)	$ 1,301,000

Investments in Securities - Cha

Investments in Securities - Change in Net Unrealized Gains (Losses) on Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Change in net unrealized gains (losses) on securities during the year			$ (217,164)	$ 161,912
Adjustments for
Deferred policy acquisition costs			30,491	(17,175)
Participating policyholders' interest			7,222	(8,526)
Deferred federal income tax benefit (expense)			62,248	(47,160)
Change in net unrealized gains (losses) on securities, net of tax	$ (70,900)	$ (17,708)	(117,203)	89,051
Bonds Available-for-Sale [Member]
Schedule of Available-for-sale Securities [Line Items]
Change in net unrealized gains (losses) on securities during the year			(81,173)	82,701
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Change in net unrealized gains (losses) on securities during the year			$ (135,991)	$ 79,211

Investments in Securities - Gro

Investments in Securities - Gross Unrealized Losses and Fair Value of Investment Securities (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	$ (62,322)	$ (20,844)
Bonds held-to-maturity, Less than 12 months, Fair Value	1,505,326	539,340
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)	(28,867)	(28,099)
Bonds held-to-maturity, 12 months or more, Fair Value	222,310	695,990
Bonds held-to-maturity, Total, Unrealized (Losses)	(91,189)	(48,943)
Bonds held-to-maturity, Total, Fair Value	1,727,636	1,235,330
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(44,921)	(9,258)
Available-for-sale securities, Less than 12 months, Fair Value	1,388,078	438,141
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(8,595)	(8,462)
Available-for-sale securities, 12 months or more, Fair Value	70,946	382,040
Available-for-sale securities, Total, Unrealized (Losses)	(53,516)	(17,720)
Available-for-sale securities, Total, Fair Value	1,459,024	820,181
Investment in securities, Less than 12 months, Unrealized (Losses)	(131,100)	(37,279)
Investment in securities, Less than 12 months, Fair Value	3,005,796	1,021,388
Investment in securities, More than 12 months, Unrealized (Losses)	(37,462)	(36,561)
Investment in securities, More than 12 months, Fair Value	293,256	1,078,030
Investment in securities, Total, Unrealized (Losses)	(168,562)	(73,840)
Investment in securities, Total, Fair Value	3,299,052	2,099,418
U.S. Treasury and Government [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)		(7)
Available-for-sale securities, Less than 12 months, Fair Value	3,876	14,552
Available-for-sale securities, Total, Unrealized (Losses)		(7)
Available-for-sale securities, Total, Fair Value	3,876	14,552
U.S. States and Political Subdivisions [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)		(37)
Bonds held-to-maturity, Less than 12 months, Fair Value		3,388
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)		(56)
Bonds held-to-maturity, 12 months or more, Fair Value		2,465
Bonds held-to-maturity, Total, Unrealized (Losses)		(93)
Bonds held-to-maturity, Total, Fair Value		5,853
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(1,758)	(166)
Available-for-sale securities, Less than 12 months, Fair Value	172,536	27,719
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(76)	(1,215)
Available-for-sale securities, 12 months or more, Fair Value	2,059	78,851
Available-for-sale securities, Total, Unrealized (Losses)	(1,834)	(1,381)
Available-for-sale securities, Total, Fair Value	174,595	106,570
Corporate Debt Securities [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	(62,176)	(20,575)
Bonds held-to-maturity, Less than 12 months, Fair Value	1,484,022	523,766
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)	(28,100)	(26,740)
Bonds held-to-maturity, 12 months or more, Fair Value	205,613	662,362
Bonds held-to-maturity, Total, Unrealized (Losses)	(90,276)	(47,315)
Bonds held-to-maturity, Total, Fair Value	1,689,635	1,186,128
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(43,045)	(8,852)
Available-for-sale securities, Less than 12 months, Fair Value	1,195,908	384,451
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(8,337)	(6,918)
Available-for-sale securities, 12 months or more, Fair Value	62,378	288,808
Available-for-sale securities, Total, Unrealized (Losses)	(51,382)	(15,770)
Available-for-sale securities, Total, Fair Value	1,258,286	673,259
Residential Mortgage-Backed Securities [Member]
Investment [Line Items]
Bonds held-to-maturity, Less than 12 months, Unrealized (Losses)	(146)	(232)
Bonds held-to-maturity, Less than 12 months, Fair Value	21,304	12,186
Bonds held-to-maturity, 12 months or more, Unrealized (Losses)	(767)	(1,303)
Bonds held-to-maturity, 12 months or more, Fair Value	16,697	31,163
Bonds held-to-maturity, Total, Unrealized (Losses)	(913)	(1,535)
Bonds held-to-maturity, Total, Fair Value	38,001	43,349
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(82)	(170)
Available-for-sale securities, Less than 12 months, Fair Value	13,772	9,386
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(177)	(322)
Available-for-sale securities, 12 months or more, Fair Value	6,217	14,042
Available-for-sale securities, Total, Unrealized (Losses)	(259)	(492)
Available-for-sale securities, Total, Fair Value	19,989	23,428
Collateralized Debt Securities [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(36)	(63)
Available-for-sale securities, Less than 12 months, Fair Value	1,986	2,033
Available-for-sale securities, 12 months or more, Unrealized (Losses)	(5)	(7)
Available-for-sale securities, 12 months or more, Fair Value	292	339
Available-for-sale securities, Total, Unrealized (Losses)	(41)	(70)
Available-for-sale securities, Total, Fair Value	2,278	2,372
Common Stock [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(23,857)	(7,176)
Available-for-sale securities, Less than 12 months, Fair Value	112,392	43,907
Available-for-sale securities, Total, Unrealized (Losses)	(23,857)	(7,176)
Available-for-sale securities, Total, Fair Value	112,392	43,907
Preferred Stock [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)		(1)
Available-for-sale securities, Total, Unrealized (Losses)		(1)
Equity Securities [Member]
Investment [Line Items]
Available-for-sale securities, Less than 12 months, Unrealized (Losses)	(23,857)	(7,177)
Available-for-sale securities, Less than 12 months, Fair Value	112,392	43,907
Available-for-sale securities, Total, Unrealized (Losses)	(23,857)	(7,177)
Available-for-sale securities, Total, Fair Value	$ 112,392	$ 43,907

Investments in Securities - Bon

Investments in Securities - Bond by Credit Quality Rating Distribution (Detail) - Bonds Held-to-Maturity [Member] - Credit Concentration Risk [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Concentration Risk [Line Items]
Portfolio of investment by credit quality	100.00%	100.00%
AAA [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	5.40%	5.00%
AA [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	12.20%	12.80%
A [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	38.10%	39.40%
BBB [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	41.30%	39.50%
BB and Below [Member]
Concentration Risk [Line Items]
Portfolio of investment by credit quality	3.00%	3.30%

Investments in Securities - Equ

Investments in Securities - Equity Securities by Market Sector Distribution (Detail) - Equity Securities [Member] - Credit Concentration Risk [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Concentration Risk [Line Items]
Equity securities with market sector distribution	100.00%	100.00%
Consumer Goods [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	21.40%	20.40%
Energy and Utilities [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	10.80%	13.30%
Financials [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	19.10%	19.10%
Healthcare [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	14.90%	14.00%
Industrials [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	8.10%	8.40%
Information Technology [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	17.30%	16.20%
Other [Member]
Concentration Risk [Line Items]
Equity securities with market sector distribution	8.40%	8.60%

Mortgage Loans - Distribution B

Mortgage Loans - Distribution Based on Carrying Amount of Mortgage Loans by Location (Detail) - Mortgage Loans On Real Estate Concentration Risk [Member] - Geographic Concentration Risk [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Concentration Risk [Line Items]
Mortgage loans	100.00%	100.00%
East North Central [Member]
Concentration Risk [Line Items]
Mortgage loans	18.80%	19.40%
East South Central [Member]
Concentration Risk [Line Items]
Mortgage loans	4.40%	5.00%
Mountain [Member]
Concentration Risk [Line Items]
Mortgage loans	12.30%	11.00%
Pacific [Member]
Concentration Risk [Line Items]
Mortgage loans	10.00%	10.80%
South Atlantic [Member]
Concentration Risk [Line Items]
Mortgage loans	19.70%	21.90%
West South Central [Member]
Concentration Risk [Line Items]
Mortgage loans	29.20%	24.90%
Other [Member]
Concentration Risk [Line Items]
Mortgage loans	5.60%	7.00%

Mortgage Loans - Additional Inf

Mortgage Loans - Additional Information (Detail)	9 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)MortgageLoanDefaults	Sep. 30, 2014USD ($)MortgageLoan	Dec. 31, 2014USD ($)
Receivables [Abstract]
Number of mortgage loan foreclosed | MortgageLoan	2
Mortgage loans foreclosed	$ 19,328,000
Number of defaults on modified loans	1	2
Mortgage loans in foreclosure process	$ 2,450,000	$ 15,945,000
Loan sold with recorded investment	2,702,000	$ 0
Realized loss on sale of loan	1,602,000
Unamortized discounts	505,000		$ 658,000
Unamortized origination fees, mortgage loans	19,333,000		15,659,000
Financing receivable, collectively evaluated for impairment	3,405,419,000		3,321,241,000
Financing receivable, individually evaluated for impairment	51,752,000		$ 56,205,000
Commitment to lend additional funds to debtors with modified loans as TDRs	$ 0

Mortgage Loans - Age Analysis o

Mortgage Loans - Age Analysis of Past Due Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	100.00%	100.00%
Total Past Due	$ 13,233	$ 19,327
Current	3,443,939	3,358,119
Total	3,457,172	3,377,446
Allowance for loan losses	(12,769)	(17,860)
Total, net of allowance	$ 3,444,403	$ 3,359,586
Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	20.40%	20.90%
Current	$ 705,260	$ 702,541
Total	$ 705,260	$ 702,541
Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	37.20%	36.10%
Total Past Due	$ 8,228	$ 19,327
Current	1,267,942	1,201,833
Total	$ 1,276,170	$ 1,221,160
Retail [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	23.70%	18.10%
Total Past Due	$ 5,005
Current	807,829	$ 615,813
Total	$ 812,834	$ 615,813
Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Percent	18.70%	24.90%
Current	$ 662,908	$ 837,932
Total	662,908	837,932
More Than 90 Days [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	13,233	19,327
More Than 90 Days [Member] | Office [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,228	$ 19,327
More Than 90 Days [Member] | Retail [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 5,005

Mortgage Loans - Change in Allo

Mortgage Loans - Change in Allowance for Credit Losses in Mortgage Loans (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses, Collectively Evaluated for Impairment, Beginning Balance	$ 12,277
Change in allowance, Collectively Evaluated for Impairment	(1,688)
Allowance for credit losses, Collectively Evaluated for Impairment, Ending Balance	10,589
Allowance for credit losses, Individually Evaluated for Impairment, Beginning balance	5,583
Change in allowance, Individually Evaluated for Impairment	(3,403)
Allowance for credit losses, Individually Evaluated for Impairment, Ending balance	$ 2,180

Mortgage Loans - Loans Individu

Mortgage Loans - Loans Individually Evaluated for Impairment With and Without Allowance (Average Recorded Investment and Interest Income Recognized) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with an Allowance Recorded	$ 18,014	$ 27,564	$ 18,116	$ 29,421
Interest Income Recognized with an Allowance Recorded	555	547	1,016	1,663
Average Recorded Investments with No Allowance Recorded	35,451	30,494	35,221	30,889
Interest Income Recognized with No Allowance Recorded	556	478	1,672	1,424
Recorded Investment	16,275		16,275		$ 26,563
Unpaid Principal Balance	17,961		17,961		32,146
Recorded Investments with No Allowance Recorded	35,477		35,477		29,643
Unpaid Principal Balance with No Allowance Recorded	35,477		35,477		29,643
Office [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with an Allowance Recorded	18,014	27,564	18,116	29,421
Interest Income Recognized with an Allowance Recorded	555	547	1,016	1,663
Average Recorded Investments with No Allowance Recorded	26,639	26,941	26,326	27,019
Interest Income Recognized with No Allowance Recorded	422	431	1,262	1,298
Recorded Investment	16,275		16,275		26,563
Unpaid Principal Balance	17,961		17,961		31,653
Recorded Investments with No Allowance Recorded	26,695		26,695		26,941
Unpaid Principal Balance with No Allowance Recorded	26,695		26,695		26,941
Industrial [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with No Allowance Recorded		2,702		2,721
Interest Income Recognized with No Allowance Recorded		36		110
Recorded Investments with No Allowance Recorded					2,702
Unpaid Principal Balance with No Allowance Recorded					2,702
Retail [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investments with No Allowance Recorded	8,812	851	8,895	1,149
Interest Income Recognized with No Allowance Recorded	134	$ 11	410	$ 16
Unpaid Principal Balance					$ 493
Recorded Investments with No Allowance Recorded	8,782		8,782
Unpaid Principal Balance with No Allowance Recorded	$ 8,782		$ 8,782

Mortgage Loans - Number of Mort

Mortgage Loans - Number of Mortgage Loans and Recorded Investment (Detail) - Office [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)Contract	Sep. 30, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of contracts | Contract	2	3
Recorded investment pre- modification	$ 12,211	$ 34,400
Recorded investment post modification	$ 12,211	$ 30,996

Investment Real Estate - Invest

Investment Real Estate - Investment Real Estate by Property-Type and Geographic Distribution (Detail) - Real Estate [Member]	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Property Type Concentration Risk [Member]
Concentration Risk [Line Items]
Investment real estate	100.00%	100.00%
Property Type Concentration Risk [Member] | Industrial [Member]
Concentration Risk [Line Items]
Investment real estate	11.20%	13.00%
Property Type Concentration Risk [Member] | Office [Member]
Concentration Risk [Line Items]
Investment real estate	33.40%	25.00%
Property Type Concentration Risk [Member] | Retail [Member]
Concentration Risk [Line Items]
Investment real estate	40.00%	44.10%
Property Type Concentration Risk [Member] | Other [Member]
Concentration Risk [Line Items]
Investment real estate	15.40%	17.90%
Geographic Distribution [Member]
Concentration Risk [Line Items]
Investment real estate	100.00%	100.00%
Geographic Distribution [Member] | East North Central [Member]
Concentration Risk [Line Items]
Investment real estate	12.30%	4.50%
Geographic Distribution [Member] | East South Central [Member]
Concentration Risk [Line Items]
Investment real estate	3.80%	4.60%
Geographic Distribution [Member] | Mountain [Member]
Concentration Risk [Line Items]
Investment real estate	8.00%	9.60%
Geographic Distribution [Member] | Pacific [Member]
Concentration Risk [Line Items]
Investment real estate	6.10%	7.10%
Geographic Distribution [Member] | South Atlantic [Member]
Concentration Risk [Line Items]
Investment real estate	10.90%	12.20%
Geographic Distribution [Member] | West South Central [Member]
Concentration Risk [Line Items]
Investment real estate	53.00%	55.60%
Geographic Distribution [Member] | Other [Member]
Concentration Risk [Line Items]
Investment real estate	5.90%	6.40%

Investment Real Estate - Assets

Investment Real Estate - Assets and Liabilities Related to VIEs (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Variable Interest Entity [Line Items]
Investment real estate	$ 539,571	$ 479,062
Short-term investments	494,496	431,000
Cash and cash equivalents	169,473	209,455	$ 136,142	$ 117,946
Accrued investment income	182,181	185,943
Other assets	141,587	137,856
Notes payable	126,145	108,177
Other liabilities	494,469	498,528
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Investment real estate	165,685	140,032
Short-term investments	1	1
Cash and cash equivalents	3,204	2,495
Accrued investment income	339	683
Other receivables	7,095	7,999
Other assets	6,316	8,483
Total assets of consolidated VIEs	182,640	159,693
Notes payable	126,145	108,177
Other liabilities	11,102	8,954
Total liabilities of consolidated VIEs	$ 137,247	$ 117,131

Investment Real Estate - Additi

Investment Real Estate - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2015USD ($)Note	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Maximum amount of investment in long-term notes payable	$ 32,277,000	$ 15,016,000
Number of notes included in notes payable | Note	4
Long-term notes payable due in two years	$ 29,265,000
Carrying value of real estate investments	$ 4,028,000
Long-Term Notes Payable 1 [Member]
Debt Instrument [Line Items]
Interest rate on long-term notes	4.00%
Notes payable maturity period	Beyond 5 years
Long-Term Notes Payable 2 [Member]
Debt Instrument [Line Items]
Notes payable maturity year	2,016
Long-Term Notes Payable 2 [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Long-Term Notes Payable 3 [Member]
Debt Instrument [Line Items]
Interest on long-term portion of notes payable	Adjusted LIBOR plus LIBOR margin
Notes payable maturity year	2,016
Long-Term Notes Payable 4 [Member]
Debt Instrument [Line Items]
Interest on long-term portion of notes payable	Adjusted LIBOR plus LIBOR margin

Investment Real Estate - Carryi

Investment Real Estate - Carrying Amount and Maximum Exposure to Loss Related to VIEs (Detail) - Variable Interest Entity, Not Primary Beneficiary [Member] - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Mortgage Loans [Member]
Variable Interest Entity [Line Items]
Carrying Amount	$ 212,972	$ 172,408
Maximum Exposure to Loss	212,972	172,408
Investments in Unconsolidated Affiliates [Member]
Variable Interest Entity [Line Items]
Carrying Amount	220,223	157,620
Maximum Exposure to Loss	220,223	157,620
Accrued Investment Income [Member]
Variable Interest Entity [Line Items]
Carrying Amount	778	721
Maximum Exposure to Loss	$ 778	$ 721

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Derivative Instruments Reported in Financial Position (Detail) $ in Thousands	Sep. 30, 2015USD ($)Derivative	Dec. 31, 2014USD ($)Derivative
Derivatives, Fair Value [Line Items]
Estimated Fair Value of other invested assets	$ 141,385	$ 189,449
Derivative Financial Instruments, Estimated Fair Value	$ 207,302	$ 208,187
Derivatives Not Designated as Hedging Instruments [Member] | Other Invested Assets [Member] | Equity-Indexed Options [Member]
Derivatives, Fair Value [Line Items]
Number of Instruments | Derivative	454	436
Derivative Notional Amount, Asset	$ 1,249,300	$ 1,095,300
Estimated Fair Value of other invested assets	$ 141,385	$ 189,449
Policyholders' Account Balances [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Equity-Indexed Embedded Derivative [Member]
Derivatives, Fair Value [Line Items]
Number of Instruments | Derivative	48,923	42,287
Derivative Notional Amount, Liability	$ 1,005,100	$ 961,300
Derivative Financial Instruments, Estimated Fair Value	$ 207,302	$ 208,187

Derivative Instruments - Sche64

Derivative Instruments - Schedule of Derivative Instruments Reported in Statements of Operations (Detail) - Derivatives Not Designated as Hedging Instruments [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net Investment Income [Member] | Equity-Indexed Options [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Income on Derivatives	$ (33,682)	$ 6,562	$ (34,646)	$ 29,011
Interest Credited to Policyholders' Account Balances [Member] | Equity-Indexed Embedded Derivative [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Recognized in Income on Derivatives	$ 16,780	$ (1,762)	$ 19,997	$ (16,484)

Net Investment Income and Rea65

Net Investment Income and Realized Investment Gains (Losses) - Summary of Net Investment Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net Investment Income [Line Items]
Net Investment Income, Total	$ 184,482	$ 236,489	$ 597,357	$ 697,604
Bonds Available-for-Sale [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	138,707	148,715	421,543	450,110
Equity Securities [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	9,353	8,146	27,869	26,488
Mortgage Loans [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	50,681	51,652	149,682	159,010
Real Estate [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	13,555	14,245	11,949	11,347
Options [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	(33,682)	6,562	(34,646)	29,011
Other Invested Assets [Member]
Net Investment Income [Line Items]
Net Investment Income, Total	$ 5,868	$ 7,169	$ 20,960	$ 21,638

Net Investment Income and Rea66

Net Investment Income and Realized Investment Gains (Losses) - Summary of Realized Investment Gains (Losses) and Other Than Temporary Impairment Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	$ 7,528	$ (649)	$ 63,598	$ 27,548
Other-than-temporary impairment losses	(19,407)	(1,608)	(22,904)	(3,045)
Bonds Available-for-Sale [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	(34)	1,925	10,063	21,837
Other-than-temporary impairment losses	(286)		(286)	(41)
Equity Securities [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	7,669	229	44,579	10,293
Other-than-temporary impairment losses	(19,121)	(1,608)	(22,618)	(3,004)
Mortgage Loans [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	639	(1,551)	(94)	(5,424)
Real Estate [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	(739)	(1,242)	9,094	1,787
Other Invested Assets [Member]
Gain (Loss) on Investments [Line Items]
Realized investment gains (losses)	$ (7)	$ (10)	$ (44)	$ (945)

Fair Value of Financial Instr67

Fair Value of Financial Instruments - Carrying Amount and Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financial assets
Fixed maturity securities, bonds held-to-maturity	$ 7,689,551	$ 8,225,050
Fixed maturity securities, bonds held-to-maturity	7,993,004	8,652,913
Fixed maturity securities, bonds available-for-sale	5,334,656	4,921,807
Equity securities	1,410,636	1,516,978
Equity-indexed options	141,385	189,449
Mortgage loans on real estate, net of allowance	3,444,403	3,359,586
Policy loans	406,728	405,979
Short-term investments	494,496	431,000
Separate account assets	894,890	1,001,515
Total financial assets	19,816,745	20,051,364
Financial liabilities
Investment contracts	8,711,223	8,894,747
Embedded derivative liability for equity-indexed contracts	207,302	208,187
Notes payable	126,145	108,177
Separate account liabilities	894,890	1,001,515
Total financial liabilities	9,939,560	10,212,626
Fair Value [Member]
Financial assets
Fixed maturity securities, bonds held-to-maturity	7,993,004	8,652,913
Fixed maturity securities, bonds available-for-sale	5,334,656	4,921,807
Equity securities	1,410,636	1,516,978
Equity-indexed options	141,385	189,449
Mortgage loans on real estate, net of allowance	3,670,607	3,618,944
Policy loans	406,728	405,979
Short-term investments	494,496	431,000
Separate account assets	894,890	1,001,515
Total financial assets	20,346,402	20,738,585
Financial liabilities
Investment contracts	8,711,223	8,894,747
Embedded derivative liability for equity-indexed contracts	207,302	208,187
Notes payable	126,145	108,177
Separate account liabilities	894,890	1,001,515
Total financial liabilities	$ 9,939,560	$ 10,212,626

Fair Value of Financial Instr68

Fair Value of Financial Instruments - Additional Information (Detail) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Volatility rate used to estimate derivative values	20.10%		17.30%
Unrealized gain (losses) relating to assets still held and included in net investment income	$ (51,875,000)	$ 7,395,000

Fair Value of Financial Instr69

Fair Value of Financial Instruments - Quantitative Disclosures Regarding Fair Value Hierarchy Measurements (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financial assets
Held-to-maturity securities, fair value disclosure	$ 7,993,004	$ 8,652,913
Fixed maturity securities, bonds available-for-sale, fair value disclosure	5,334,656	4,921,807
Equity securities, fair value disclosure	1,410,636	1,516,978
Equity Indexed Options, fair value disclosure	141,385	189,449
Policy loans, fair value disclosure	406,728	405,979
Short-term investments, fair value disclosure	494,496	431,000
Separate account assets, fair value disclosure	894,890	1,001,515
Financial liabilities
Embedded derivative liability for equity-indexed contracts, fair value disclosure	207,302	208,187
Separate account liabilities, fair value disclosure	894,890	1,001,515
U.S. States and Political Subdivisions [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	350,259	349,760
Fixed maturity securities, bonds available-for-sale, fair value disclosure	958,320	837,616
Foreign Governments [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	5,086	30,423
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,929	7,021
Corporate Debt Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	7,309,672	7,894,725
Fixed maturity securities, bonds available-for-sale, fair value disclosure	4,305,059	4,000,049
Residential Mortgage-Backed Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	309,546	357,635
Fixed maturity securities, bonds available-for-sale, fair value disclosure	29,841	42,399
Collateralized Debt Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	2,055	2,470
Fixed maturity securities, bonds available-for-sale, fair value disclosure	9,668	11,489
Other Debt Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	16,386	17,900
U.S. Treasury and Government [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	24,839	23,233
Common Stock [Member]
Financial assets
Equity securities, fair value disclosure	1,387,049	1,487,125
Preferred Stock [Member]
Financial assets
Equity securities, fair value disclosure	23,587	29,853
Recurring [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	7,993,004	8,652,913
Fixed maturity securities, bonds available-for-sale, fair value disclosure	5,334,656	4,921,807
Equity securities, fair value disclosure	1,410,636	1,516,978
Equity Indexed Options, fair value disclosure	141,385	189,449
Mortgage loans on real estate, net of allowance, fair value disclosure	3,670,607	3,618,944
Policy loans, fair value disclosure	406,728	405,979
Short-term investments, fair value disclosure	494,496	431,000
Separate account assets, fair value disclosure	894,890	1,001,515
Total financial assets, fair value disclosure	20,346,402	20,738,585
Financial liabilities
Investment contracts, fair value disclosure	8,711,223	8,894,747
Embedded derivative liability for equity-indexed contracts, fair value disclosure	207,302	208,187
Notes payable, fair value disclosure	126,145	108,177
Separate account liabilities, fair value disclosure	894,890	1,001,515
Total financial liabilities, fair value disclosure	9,939,560	10,212,626
Recurring [Member] | Level 1 [Member]
Financial assets
Equity securities, fair value disclosure	1,410,636	1,516,978
Total financial assets, fair value disclosure	1,410,636	1,516,978
Recurring [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	7,939,893	8,583,392
Fixed maturity securities, bonds available-for-sale, fair value disclosure	5,321,665	4,857,374
Mortgage loans on real estate, net of allowance, fair value disclosure	3,670,607	3,618,944
Short-term investments, fair value disclosure	494,496	431,000
Separate account assets, fair value disclosure	894,890	1,001,515
Total financial assets, fair value disclosure	18,321,551	18,492,225
Financial liabilities
Separate account liabilities, fair value disclosure	894,890	1,001,515
Total financial liabilities, fair value disclosure	894,890	1,001,515
Recurring [Member] | Level 3 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	53,111	69,521
Fixed maturity securities, bonds available-for-sale, fair value disclosure	12,991	64,433
Equity Indexed Options, fair value disclosure	141,385	189,449
Policy loans, fair value disclosure	406,728	405,979
Total financial assets, fair value disclosure	614,215	729,382
Financial liabilities
Investment contracts, fair value disclosure	8,711,223	8,894,747
Embedded derivative liability for equity-indexed contracts, fair value disclosure	207,302	208,187
Notes payable, fair value disclosure	126,145	108,177
Total financial liabilities, fair value disclosure	9,044,670	9,211,111
Recurring [Member] | U.S. States and Political Subdivisions [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	350,259	349,760
Fixed maturity securities, bonds available-for-sale, fair value disclosure	958,320	837,616
Recurring [Member] | U.S. States and Political Subdivisions [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	350,259	349,760
Fixed maturity securities, bonds available-for-sale, fair value disclosure	955,825	835,106
Recurring [Member] | U.S. States and Political Subdivisions [Member] | Level 3 [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	2,495	2,510
Recurring [Member] | Foreign Governments [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	5,086	30,423
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,929	7,021
Recurring [Member] | Foreign Governments [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	5,086	30,423
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,929	7,021
Recurring [Member] | Corporate Debt Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	7,309,672	7,894,725
Fixed maturity securities, bonds available-for-sale, fair value disclosure	4,305,059	4,000,049
Recurring [Member] | Corporate Debt Securities [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	7,261,358	7,833,564
Fixed maturity securities, bonds available-for-sale, fair value disclosure	4,298,265	3,941,925
Recurring [Member] | Corporate Debt Securities [Member] | Level 3 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	48,314	61,161
Fixed maturity securities, bonds available-for-sale, fair value disclosure	6,794	58,124
Recurring [Member] | Residential Mortgage-Backed Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	309,546	357,635
Fixed maturity securities, bonds available-for-sale, fair value disclosure	29,841	42,399
Recurring [Member] | Residential Mortgage-Backed Securities [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	308,605	356,670
Fixed maturity securities, bonds available-for-sale, fair value disclosure	28,038	40,473
Recurring [Member] | Residential Mortgage-Backed Securities [Member] | Level 3 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	941	965
Fixed maturity securities, bonds available-for-sale, fair value disclosure	1,803	1,926
Recurring [Member] | Collateralized Debt Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	2,055	2,470
Fixed maturity securities, bonds available-for-sale, fair value disclosure	9,668	11,489
Recurring [Member] | Collateralized Debt Securities [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	2,055
Fixed maturity securities, bonds available-for-sale, fair value disclosure	7,769	9,616
Recurring [Member] | Collateralized Debt Securities [Member] | Level 3 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure		2,470
Fixed maturity securities, bonds available-for-sale, fair value disclosure	1,899	1,873
Recurring [Member] | Other Debt Securities [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	16,386	17,900
Recurring [Member] | Other Debt Securities [Member] | Level 2 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	12,530	12,975
Recurring [Member] | Other Debt Securities [Member] | Level 3 [Member]
Financial assets
Held-to-maturity securities, fair value disclosure	3,856	4,925
Recurring [Member] | U.S. Treasury and Government [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	24,839	23,233
Recurring [Member] | U.S. Treasury and Government [Member] | Level 2 [Member]
Financial assets
Fixed maturity securities, bonds available-for-sale, fair value disclosure	24,839	23,233
Recurring [Member] | Common Stock [Member]
Financial assets
Equity securities, fair value disclosure	1,387,049	1,487,125
Recurring [Member] | Common Stock [Member] | Level 1 [Member]
Financial assets
Equity securities, fair value disclosure	1,387,049	1,487,125
Recurring [Member] | Preferred Stock [Member]
Financial assets
Equity securities, fair value disclosure	23,587	29,853
Recurring [Member] | Preferred Stock [Member] | Level 1 [Member]
Financial assets
Equity securities, fair value disclosure	$ 23,587	$ 29,853

Fair Value of Financial Instr70

Fair Value of Financial Instruments - Financial Instruments Measured at Fair Value on Recurring Basis Using (Level 3) Inputs (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	$ 208,827	$ 186,261	$ 208,187	$ 148,435
Total realized and unrealized investment gains (losses) included in other comprehensive income	0	0	0	0
Net fair value change included in realized gains (losses)	0	0	0	0
Net gain (loss) for derivatives included in net investment income	0	0	0	0
Net change included in interest credited	(16,780)	1,762	(19,997)	16,484
Purchases	0	0	0	0
Sales	0	0	0	0
Settlements or maturities	0	0	0	0
Premiums less benefits	15,255	3,737	19,112	26,841
Gross transfers into Level 3	0	0	0	0
Gross transfers out of Level 3	0	0	0	0
Ending balance	207,302	191,760	207,302	191,760
Investment Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	67,200	11,932	64,433	48,304
Total realized and unrealized investment gains (losses) included in other comprehensive income	150	138	(18)	(11,735)
Net fair value change included in realized gains (losses)				13,056
Net change included in interest credited	0	0	0	0
Sales	120	(120)	(1)	(37,670)
Settlements or maturities	(1)	(5)	(343)	(10)
Premiums less benefits	0	0	0	0
Gross transfers into Level 3		30,199	3,398	30,199
Gross transfers out of Level 3	(54,478)		(54,478)
Ending balance	12,991	42,144	12,991	42,144
Equity-Indexed Options [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	183,963	163,861	189,449	164,753
Net gain (loss) for derivatives included in net investment income	(34,643)	4,998	(39,266)	23,788
Net change included in interest credited	0	0	0	0
Purchases	5,725	3,655	15,313	12,345
Sales	(11,160)		(11,160)
Settlements or maturities	(2,500)	(2,171)	(12,951)	(30,543)
Premiums less benefits	0	0	0	0
Ending balance	$ 141,385	$ 170,343	$ 141,385	$ 170,343

Deferred Policy Acquisition C71

Deferred Policy Acquisition Costs - Deferred Policy Acquisition Costs (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	$ 1,253,544
Additions	314,707
Amortization	(309,615)
Effect of change in unrealized gains on available-for-sale securities	30,491	$ (17,175)
Net change	35,583
Ending balance	1,289,127
Life [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	711,469
Additions	81,568
Amortization	(60,998)
Effect of change in unrealized gains on available-for-sale securities	7,742
Net change	28,312
Ending balance	739,781
Annuity [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	382,441
Additions	42,264
Amortization	(57,412)
Effect of change in unrealized gains on available-for-sale securities	22,749
Net change	7,601
Ending balance	390,042
Accident and Health [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	47,784
Additions	15,869
Amortization	(18,195)
Net change	(2,326)
Ending balance	45,458
Property and Casualty [Member]
Deferred Policy Acquisition Costs [Line Items]
Beginning balance	111,850
Additions	175,006
Amortization	(173,010)
Net change	1,996
Ending balance	$ 113,846

Liability for Unpaid Claims a72

Liability for Unpaid Claims and Claim Adjustment Expenses - Liability for Unpaid Claims and Claim Adjustment Expenses (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Liability For Unpaid Claims And Claims Adjustment Expense Net
Unpaid claims balance, beginning	$ 1,297,708
Less reinsurance recoverables	428,654
Paid claims related to
Plus reinsurance recoverables	410,913
Unpaid claims balance, ending	1,269,929
Property and Casualty Accident and Health [Member]
Liability For Unpaid Claims And Claims Adjustment Expense Net
Unpaid claims balance, beginning	1,132,394	$ 1,096,299
Less reinsurance recoverables	245,906	215,161
Net beginning balance	886,488	881,138
Incurred related to
Current	705,988	706,824
Prior years	(7,835)	(29,044)
Total incurred claims	698,153	677,780
Paid claims related to
Current	414,287	410,077
Prior years	284,732	252,082
Total paid claims	699,019	662,159
Net balance	885,622	896,759
Net balance	885,622	896,759
Plus reinsurance recoverables	215,464	235,485
Unpaid claims balance, ending	$ 1,101,086	$ 1,132,244

Liability for Unpaid Claims a73

Liability for Unpaid Claims and Claim Adjustment Expenses - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Insurance [Abstract]
Description of increase (decrease) in claims and claim adjustment expenses	The net and gross reserve calculations have shown favorable development as a result of favorable loss emergence compared to what was implied by the loss development patterns used in the original estimation of losses in prior years.
Decrease in claims and claim adjustments expenses amount	$ 7,835,000	$ 29,044,000

Federal Income Taxes - Effectiv

Federal Income Taxes - Effective Income Tax Reconciliation (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Income tax on pre-tax income	$ 22,050	$ 33,171	$ 91,284	$ 82,308
Tax-exempt investment income	(1,863)	(1,742)	(5,688)	(4,897)
Dividend exclusion	(1,841)	(1,700)	(5,788)	(5,253)
Miscellaneous tax credits, net	(2,256)	(2,658)	(6,728)	(5,873)
Low income housing tax credit expense	1,307	1,786	3,792	3,432
Other items, net	737	(322)	2,162	(621)
Total provision for federal income taxes	$ 18,134	$ 28,535	$ 79,034	$ 69,096
Income tax on pre-tax income	35.00%	35.00%	35.00%	35.00%
Tax-exempt investment income	(3.00%)	(1.80%)	(2.20%)	(2.10%)
Dividend exclusion	(2.90%)	(1.80%)	(2.20%)	(2.20%)
Miscellaneous tax credits, net	(3.60%)	(2.80%)	(2.60%)	(2.50%)
Low income housing tax credit expense	2.10%	1.90%	1.50%	1.50%
Other items, net	1.20%	(0.30%)	0.80%	(0.30%)
Total, Rate	28.80%	30.20%	30.30%	29.40%

Federal Income Taxes - Addition

Federal Income Taxes - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Income taxes paid or refunded, net	$ 52,106,000	$ 41,121,000
Valuation allowance	0	0
Ordinary loss tax carryforwards subject to expiration	$ 0
Ordinary loss tax carryforwards expiration date	Dec. 31, 2015
Provision for penalties recognized relating to uncertain tax positions	$ 0	0
Interest expense recognized relating to uncertain tax positions	$ 0	$ 0

Accumulated Other Comprehensi76

Accumulated Other Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance			$ 490,782	$ 413,712
Amounts reclassified from AOCI, net of tax expense (benefit)			(10,719)	(14,387)
Unrealized holding gains (losses) arising during the period net of tax expense (benefit)			(125,888)	121,782
Unrealized adjustment to DAC, net of tax expense (benefit)			19,259	(10,650)
Unrealized gains on investments attributable to participating policyholders' interest, net of tax expense (benefit)			4,694	(5,542)
Foreign currency adjustment, net of tax benefit	$ (1,437)	$ (476)	(2,087)	(577)
Accumulated Other Comprehensive Income, Ending balance	376,041	504,338	376,041	504,338
Net Unrealized Gains (Losses) on Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance			568,151	457,937
Amounts reclassified from AOCI, net of tax expense (benefit)			(15,268)	(16,539)
Unrealized holding gains (losses) arising during the period net of tax expense (benefit)			(125,888)	121,782
Unrealized adjustment to DAC, net of tax expense (benefit)			19,259	(10,650)
Unrealized gains on investments attributable to participating policyholders' interest, net of tax expense (benefit)			4,694	(5,542)
Accumulated Other Comprehensive Income, Ending balance	450,948	546,988	450,948	546,988
Defined Benefit Pension Plan Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance			(76,074)	(43,884)
Amounts reclassified from AOCI, net of tax expense (benefit)			4,549	2,152
Accumulated Other Comprehensive Income, Ending balance	(71,525)	(41,732)	(71,525)	(41,732)
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income, Beginning balance			(1,295)	(341)
Foreign currency adjustment, net of tax benefit			(2,087)	(577)
Accumulated Other Comprehensive Income, Ending balance	$ (3,382)	$ (918)	$ (3,382)	$ (918)

Accumulated Other Comprehensi77

Accumulated Other Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Equity [Abstract]
Amounts reclassified from AOCI, sale of securities tax expense (benefit)	$ 8,221	$ 8,906
Amounts reclassified from AOCI, pension tax expense (benefit)	2,449	1,159
Unrealized holding gains (losses) arising during the period, tax expense (benefit)	(67,787)	65,575
Unrealized adjustment to deferred policy acquisition costs, tax expense (benefit)	11,232	6,525
Unrealized gains on investments attributable to participating policyholders' interest, tax expense (benefit)	2,528	2,984
Foreign currency adjustment, tax benefit	$ 1,124	$ 311

Stockholders' Equity and Nonc78

Stockholders' Equity and Noncontrolling Interests - Additional Information (Detail) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value	$ 1		$ 1
Common stock, shares authorized	50,000,000		50,000,000
Maximum limit of shares available for grants under stock-based compensation plan	2,900,000
Maximum limit of shares granted to any one individual in any calendar year	200,000
Risk based capital action level percentage	200.00%
Description of regulatory capital requirement	American National Insurance Company's payment of dividends to stockholders is restricted by statutory regulations. The restrictions require life insurance companies to maintain minimum amounts of capital and surplus, and in the absence of special approval, limit the payment of dividends to the greater of the prior year's statutory net income from operations, or 10% of prior year statutory surplus.
Statutory amount available for dividend payments without regulatory approval	$ 287,915,000
Noncontrolling interest	$ 11,271,000		$ 12,384,000
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk based capital action level percentage	200.00%		200.00%
Parent Company [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Statutory capital and surplus	$ 2,924,950,000		$ 2,879,154,000
County Mutual [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	6,750,000		6,750,000
Insurance Subsidiary [Member] | Missouri [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Statutory accounting practices permitted practice amount	66,042,000	$ 60,732,000
Other Subsidiaries [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling interest	$ 4,521,000		$ 5,634,000
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rate per year	20.00%
Vesting period	5 years
Expiration of vesting period	5 years
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period description	RSUs vest after a three-year graded vesting requirement or over a shorter period as a result of death, disability or retirement after age 65.
Restricted Stock Units [Member] | Graded Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years
Shares granted	350,334
Exercise price of Restricted shares granted	$ 0
Number of shares unvested	76,000
Lapse restrictions on restricted stock awards	10 years

Stockholders' Equity and Nonc79

Stockholders' Equity and Noncontrolling Interests - Common Stock, Amounts Outstanding (Detail) - shares	Sep. 30, 2015	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Shares issued	30,832,449	30,832,449
Treasury shares	(3,940,947)	(3,960,507)
Outstanding shares	26,891,502	26,871,942
Restricted shares	(76,000)	(142,667)
Unrestricted outstanding shares	26,815,502	26,729,275

Stockholders' Equity and Nonc80

Stockholders' Equity and Noncontrolling Interests - Stock-Based Compensation Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares			54,930
Exercised, Shares			(116)
Expired, Shares			(16,646)
Ending balance, Shares	38,168		38,168
Weighted-Average Grant Date Fair Value, Beginning balance			$ 114.86
Weighted-Average Grant Date Fair Value, Exercised			73.97
Weighted-Average Grant Date Fair Value, Expired			114.57
Weighted-Average Grant Date Fair Value, Ending balance	$ 115.11		$ 115.11
Weighted-average contractual remaining life (in years)			1 year 5 months 9 days
Exercisable shares	38,154		38,154
Weighted-average exercise price			$ 115.11
Weighted-average exercise price exercisable shares	$ 115.12		$ 115.12
Compensation expense (credit)	$ (14,000)	$ (19,000)	$ (82,000)	$ (33,000)
Fair value of liability award	$ 27,000		$ 27,000		$ 167,000
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares			142,667
Exercised, Shares			(66,667)
Ending balance, Shares	76,000		76,000
Weighted-Average Grant Date Fair Value, Beginning balance			$ 107.39
Weighted-Average Grant Date Fair Value, Exercised			103.58
Weighted-Average Grant Date Fair Value, Ending balance	$ 110.73		$ 110.73
Weighted-average contractual remaining life (in years)			3 years 8 months 16 days
Weighted-average exercise price			$ 110.73
Compensation expense (credit)	$ 282,000	496,000	$ 935,000	2,577,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance, Shares			128,214
Granted, Shares			83,093
Exercised, Shares			(72,093)
Forfeited, Shares			(281)
Ending balance, Shares	138,933		138,933
Weighted-Average Grant Date Fair Value, Beginning balance			$ 95.82
Weighted-Average Grant Date Fair Value, Granted			104.75
Weighted-Average Grant Date Fair Value, Exercised			90.85
Weighted-Average Grant Date Fair Value, Forfeited			105.02
Weighted-Average Grant Date Fair Value, Ending balance	$ 103.73		$ 103.73
Weighted-average contractual remaining life (in years)			1 year 11 months 12 days
Weighted-average exercise price			$ 103.73
Compensation expense (credit)	$ 1,114,000	$ 522,000	$ 5,421,000	$ 6,447,000
Fair value of liability award	$ 19,134,000		$ 19,134,000		$ 16,301,000

Stockholders' Equity and Nonc81

Stockholders' Equity and Noncontrolling Interests - Summary of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
Weighted average shares outstanding	26,899,683	26,805,535	26,865,359	26,800,835
Incremental shares from RS awards and RSUs	63,952	105,972	80,027	118,579
Total shares for diluted calculations	26,963,635	26,911,507	26,945,386	26,919,414
Net income attributable to American National (in thousands)	$ 42,013	$ 66,939	$ 180,048	$ 176,367
Basic earnings per share	$ 1.56	$ 2.50	$ 6.70	$ 6.58
Diluted earnings per share	$ 1.56	$ 2.49	$ 6.68	$ 6.55

Stockholders' Equity and Nonc82

Stockholders' Equity and Noncontrolling Interests - Statutory Capital and Surplus and Net Income of Insurance Entities in Accordance with Statutory Accounting Practices (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Life [Member]
Statutory Accounting Practices [Line Items]
Statutory capital and surplus	$ 1,927,011		$ 1,927,011		$ 1,904,128
Statutory net income	21,990	$ 43,447	101,232	$ 139,564
Property and Casualty [Member]
Statutory Accounting Practices [Line Items]
Statutory capital and surplus	1,006,622		1,006,622		$ 984,155
Statutory net income	$ 29,253	$ 22,718	$ 43,190	$ 44,852

Segment Information - Additiona

Segment Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2015Segment
Segment Reporting [Abstract]
Segment information, number of operating segments	5

Segment Information - Summary o

Segment Information - Summary of Results of Operations Measured as Income from Continuing Operations Before Federal Income Taxes and Equity in Earnings (Losses) of Unconsolidated Affiliates by Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	$ 46,660	$ 94,775	$ 187,426	$ 235,165
Life [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	10,193	10,794	25,523	22,076
Annuity [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	4,433	24,366	38,668	70,415
Accident and Health [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	(11,178)	9,304	1,725	19,579
Property and Casualty [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	33,980	30,088	42,758	59,790
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Income (loss) from continuing operations	$ 9,232	$ 20,223	$ 78,752	$ 63,305

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments outstanding, aggregate amount	$ 765,008,000
Commitments expected to be funded in 2015	513,149,000
Short-term borrowing facility, maximum capacity	100,000,000
Short-term borrowing facility, letters of credit	55,000,000
Letters of credit outstanding, amount	$ 12,214,000	$ 12,214,000
Short-term borrowing facility, expiration date	Oct. 30, 2016
Total amount of guarantees outstanding	$ 206,376,000
Life insurance policies with guarantees, cash value	$ 208,696,000

Related Party Transactions - Re

Related Party Transactions - Related Party Transactions (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Gal-Tex Hotel Corporation [Member] | Mortgage Loan On Real Estate Income Statement Effect [Member]
Related Party Transaction [Line Items]
Dollar amount of transactions	$ 986	$ 917
Gal-Tex Hotel Corporation [Member] | Net Investment Income [Member]
Related Party Transaction [Line Items]
Dollar amount of transactions	330	399
Gal-Tex Hotel Corporation [Member] | Mortgage Loans On Real Estate Financial Statement Caption [Member]
Related Party Transaction [Line Items]
Amount due to (from) American National	5,522		$ 6,508
Gal-Tex Hotel Corporation [Member] | Net Investment Income Accrual [Member]
Related Party Transaction [Line Items]
Amount due to (from) American National	33		39
Greer, Herz & Adams, LLP [Member] | Other Operating Expenses [Member]
Related Party Transaction [Line Items]
Dollar amount of transactions	6,011	$ 8,037
Greer, Herz & Adams, LLP [Member] | Other Operating Expenses Accrual [Member]
Related Party Transaction [Line Items]
Amount due to (from) American National	$ (366)		$ (309)

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - Gal-Tex Hotel Corporation [Member]	9 Months Ended
	Sep. 30, 2015
Related Party Transaction [Line Items]
Interest rate on mortgage loans	7.25%
Due date of mortgage loans receivable	Apr. 1, 2019