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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, 2018
Dec. 31, 2017
Fair Value    
Less Than 12 Months $ 22,322,949 $ 7,062,734
12 Months or More 17,630,381 14,639,347
Total 39,953,330 21,702,081
Unrealized Loss    
Less Than 12 Months (1,091,842) (79,496)
12 Months or More (1,658,939) (602,685)
Total (2,750,781) (682,181)
Residential mortgage-backed securities    
Fair Value    
Less Than 12 Months 1,485,009 766,599
12 Months or More 804,364 416,221
Total 2,289,373 1,182,820
Unrealized Loss    
Less Than 12 Months (31,302) (9,671)
12 Months or More (30,894) (13,362)
Total (62,196) (23,033)
Commercial mortgage-backed securities    
Fair Value    
Less Than 12 Months 422,438 757,471
12 Months or More 1,429,384 796,456
Total 1,851,822 1,553,927
Unrealized Loss    
Less Than 12 Months (7,442) (8,592)
12 Months or More (50,659) (21,594)
Total (58,101) (30,186)
Other asset-backed securities    
Fair Value    
Less Than 12 Months 687,271 86,506
12 Months or More 148,871 134,316
Total 836,142 220,822
Unrealized Loss    
Less Than 12 Months (30,963) (322)
12 Months or More (4,435) (5,441)
Total (35,398) (5,763)
U.S. government-related securities    
Fair Value    
Less Than 12 Months 130,290 94,110
12 Months or More 1,085,654 1,072,232
Total 1,215,944 1,166,342
Unrealized Loss    
Less Than 12 Months (4,668) (688)
12 Months or More (41,054) (31,489)
Total (45,722) (32,177)
Other government-related securities    
Fair Value    
Less Than 12 Months 226,201 24,830
12 Months or More 131,569 115,294
Total 357,770 140,124
Unrealized Loss    
Less Than 12 Months (15,267) (169)
12 Months or More (18,583) (4,778)
Total (33,850) (4,947)
States, municipals, and political subdivisions    
Fair Value    
Less Than 12 Months 1,004,262 170,268
12 Months or More 1,129,152 1,027,747
Total 2,133,414 1,198,015
Unrealized Loss    
Less Than 12 Months (27,180) (1,738)
12 Months or More (91,722) (43,874)
Total (118,902) (45,612)
Corporate securities    
Fair Value    
Less Than 12 Months 18,326,331 5,054,316
12 Months or More 12,859,732 10,962,689
Total 31,186,063 16,017,005
Unrealized Loss    
Less Than 12 Months (970,553) (55,795)
12 Months or More (1,414,499) (472,394)
Total (2,385,052) (528,189)
Redeemable preferred stock    
Fair Value    
Less Than 12 Months 41,147 22,048
12 Months or More 41,655 23,197
Total 82,802 45,245
Unrealized Loss    
Less Than 12 Months (4,467) (1,120)
12 Months or More (7,093) (2,383)
Total $ (11,560) (3,503)
Equity securities    
Fair Value    
Less Than 12 Months   86,586
12 Months or More   91,195
Total   177,781
Unrealized Loss    
Less Than 12 Months   (1,401)
12 Months or More   (7,370)
Total   $ (8,771)