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FAIR VALUE MEASUREMENTS (DETAILS 2) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2012
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
Jun. 30, 2012
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
Jun. 30, 2012
Minimum [Member]
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
Jun. 30, 2012
Minimum [Member]
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
Jun. 30, 2012
Maximum [Member]
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
Jun. 30, 2012
Maximum [Member]
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
Jun. 30, 2012
Weighted Average [Member]
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
Jun. 30, 2012
Weighted Average [Member]
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
Fair Value Inputs Assets Quantitative Information [Line Items]                    
Fixed maturities $ 11,504,448 $ 10,940,100 $ 48,905              
Other investments $ 798,233 $ 699,320   $ 61,566            
Credit spread         7.00%   9.20%   7.70%  
Illiquidity discount         5.00%   20.00%   7.20%  
Default rates           4.00%   5.00%   4.40%
Loss severity rate       53.50%           53.50%
Collateral spreads           2.60%   4.20%   3.20%
Estimated maturity dates (years)           2.1   6.4   5.2