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INVESTMENT OPERATIONS - Schedule of Investments' Gross Unrealized Losses and Fair Value of the Company's Investments that are Not Deemed to be Other-than-Temporarily Impaired (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Fair Value    
Less Than 12 Months $ 7,062,734 $ 18,267,283
12 Months or More 14,639,347 10,957,881
Total 21,702,081 29,225,164
Unrealized Loss    
Less Than 12 Months (79,496) (666,780)
12 Months or More (602,685) (1,196,195)
Total (682,181) (1,862,975)
Residential mortgage-backed securities    
Fair Value    
Less Than 12 Months 766,599 1,060,569
12 Months or More 416,221 170,826
Total 1,182,820 1,231,395
Unrealized Loss    
Less Than 12 Months (9,671) (21,550)
12 Months or More (13,362) (4,117)
Total (23,033) (25,667)
Commercial mortgage-backed securities    
Fair Value    
Less Than 12 Months 757,471 1,452,146
12 Months or More 796,456 100,475
Total 1,553,927 1,552,621
Unrealized Loss    
Less Than 12 Months (8,592) (37,665)
12 Months or More (21,594) (4,013)
Total (30,186) (41,678)
Other asset-backed securities    
Fair Value    
Less Than 12 Months 86,506 323,706
12 Months or More 134,316 176,792
Total 220,822 500,498
Unrealized Loss    
Less Than 12 Months (322) (9,291)
12 Months or More (5,441) (11,407)
Total (5,763) (20,698)
U.S. government-related securities    
Fair Value    
Less Than 12 Months 94,110 1,237,942
12 Months or More 1,072,232 3
Total 1,166,342 1,237,945
Unrealized Loss    
Less Than 12 Months (688) (40,454)
12 Months or More (31,489) (1)
Total (32,177) (40,455)
Other government-related securities    
Fair Value    
Less Than 12 Months 24,830 98,412
12 Months or More 115,294 79,393
Total 140,124 177,805
Unrealized Loss    
Less Than 12 Months (169) (2,907)
12 Months or More (4,778) (11,890)
Total (4,947) (14,797)
States, municipals, and political subdivisions    
Fair Value    
Less Than 12 Months 170,268 1,062,368
12 Months or More 1,027,747 548,254
Total 1,198,015 1,610,622
Unrealized Loss    
Less Than 12 Months (1,738) (63,809)
12 Months or More (43,874) (41,749)
Total (45,612) (105,558)
Corporate securities    
Fair Value    
Less Than 12 Months 5,054,316 12,553,514
12 Months or More 10,962,689 9,793,579
Total 16,017,005 22,347,093
Unrealized Loss    
Less Than 12 Months (55,795) (469,189)
12 Months or More (472,394) (1,114,729)
Total (528,189) (1,583,918)
Redeemable preferred stock    
Fair Value    
Less Than 12 Months 22,048 66,781
12 Months or More 23,197 19,062
Total 45,245 85,843
Unrealized Loss    
Less Than 12 Months (1,120) (6,642)
12 Months or More (2,383) (1,877)
Total (3,503) (8,519)
Equity securities    
Fair Value    
Less Than 12 Months 86,586 411,845
12 Months or More 91,195 69,497
Total 177,781 481,342
Unrealized Loss    
Less Than 12 Months (1,401) (15,273)
12 Months or More (7,370) (6,412)
Total $ (8,771) $ (21,685)