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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2011
Summary Of Significant Accounting Policies [Abstract]  
Schedule Of Uncollectible Reinsurance Recoverable And Premium Receivables
                 
   
Years Ended December 31,
 
(Dollars in thousands)
 
2011
   
2010
 
Reinsurance receivables and premium receivables
  $ 33,796     $ 34,496  
Schedule Of Deferred Acquisition Costs Amortized To Income
                         
   
Years Ended December 31,
 
(Dollars in thousands)
 
2011
   
2010
   
2009
 
Deferred acquisition costs
  $ 950,521     $ 931,855     $ 928,333  
Net Income (Loss) Per Common Share
                           
     
Years Ended December 31,
 
(Dollars in thousands, except per share amounts)
 
2011
   
2010
   
2009
 
Net income (loss) per share:
                 
Numerator
                 
Net income (loss)
  $ (80,486 )   $ 610,754     $ 806,989  
Less:  dividends declared-common shares and nonvested common shares
    (103,848 )     (108,477 )     (116,856 )
Undistributed earnings
    (184,334 )     502,277       690,133  
Percentage allocated to common shareholders (1)
    99.3 %     99.5 %     99.7 %
        (183,134 )     499,882       687,729  
Add:  dividends declared-common shareholders
    103,150       107,926       116,477  
Numerator for basic and diluted earnings per common share
  $ (79,984 )   $ 607,808     $ 804,207  
                           
Denominator
                       
Denominator for basic earnings per weighted-average common shares
    53,792       56,630       60,661  
Effect of dilutive securities:
                       
Options
    124       156       187  
Denominator for diluted earnings per adjusted weighted-average common shares
    53,916       56,786       60,847  
                           
Per common share net income (loss)
                       
Basic
  $ (1.49 )   $ 10.73     $ 13.26  
Diluted
  $ (1.49 )   $ 10.70     $ 13.22  
                           
(1)
Basic weighted-average common shares outstanding
    53,792       56,630       60,661  
 
Basic weighted-average common shares outstanding and nonvested common shares expected to vest
    54,145       56,902       60,873  
 
Percentage allocated to common shareholders
    99.3 %     99.5 %     99.7 %
(Some amounts may not reconcile due to rounding.)
                       
Schedule Of Anti-Dilutive Options To Purchase Common Shares, Excluded From Computation Of Earnings Per Share
           
 
Years Ended December 31,
 
2011
 
2010
 
2009
Anti-dilutive options
 1,490,730
 
 1,873,070
 
 1,613,450
Fair Value Of The Equity Index Put Options
                     
(Dollars in thousands)
               
Derivatives not designated as
 
Location of fair value
 
At December 31,
 
hedging instruments
 
in balance sheets
 
2011
   
2010
 
                 
Equity index put option contracts
 
Equity index put option liability
  $ 69,729     $ 58,467  
Total
      $ 69,729     $ 58,467  
Change In Fair Value Of The Equity Index Put Option Contracts
                             
(Dollars in thousands)
                     
Derivatives not designated as
 
Location of gain (loss) in statements of
 
For the Years Ended December 31,
 
hedging instruments
 
operations and comprehensive income (loss)
 
2011
   
2010
   
2009
 
                       
Equity index put option contracts
 
Net derivative gain (loss)
  $ (11,261 )   $ (1,119 )   $ 3,204  
Total
      $ (11,261 )   $ (1,119 )   $ 3,204  
Schedule Of Cumulative-Effect Adjustment
         
(Dollars in thousands)
     
Cumulative-effect adjustment, gross
  $ 65,658  
Tax
    (8,346 )
Cumulative-effect adjustment, net
  $ 57,312