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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
Mar. 31, 2019
Dec. 31, 2018
Fair Value    
Less Than 12 Months $ 4,250,285 $ 22,322,949
12 Months or More 22,759,791 17,630,381
Total 27,010,076 39,953,330
Unrealized Loss    
Less Than 12 Months (153,656) (1,091,842)
12 Months or More (1,204,876) (1,658,939)
Total (1,358,532) (2,750,781)
Residential mortgage-backed securities    
Fair Value    
Less Than 12 Months 158,901 1,485,009
12 Months or More 1,242,286 804,364
Total 1,401,187 2,289,373
Unrealized Loss    
Less Than 12 Months (1,772) (31,302)
12 Months or More (27,634) (30,894)
Total (29,406) (62,196)
Commercial mortgage-backed securities    
Fair Value    
Less Than 12 Months 52,747 422,438
12 Months or More 1,478,365 1,429,384
Total 1,531,112 1,851,822
Unrealized Loss    
Less Than 12 Months (1,235) (7,442)
12 Months or More (26,608) (50,659)
Total (27,843) (58,101)
Other asset-backed securities    
Fair Value    
Less Than 12 Months 531,548 687,271
12 Months or More 192,201 148,871
Total 723,749 836,142
Unrealized Loss    
Less Than 12 Months (11,905) (30,963)
12 Months or More (3,718) (4,435)
Total (15,623) (35,398)
U.S. government-related securities    
Fair Value    
Less Than 12 Months 43,977 130,290
12 Months or More 1,045,717 1,085,654
Total 1,089,694 1,215,944
Unrealized Loss    
Less Than 12 Months (640) (4,668)
12 Months or More (29,772) (41,054)
Total (30,412) (45,722)
Other government-related securities    
Fair Value    
Less Than 12 Months 51,767 226,201
12 Months or More 198,112 131,569
Total 249,879 357,770
Unrealized Loss    
Less Than 12 Months (1,279) (15,267)
12 Months or More (10,604) (18,583)
Total (11,883) (33,850)
States, municipals, and political subdivisions    
Fair Value    
Less Than 12 Months 60,555 1,004,262
12 Months or More 911,555 1,129,152
Total 972,110 2,133,414
Unrealized Loss    
Less Than 12 Months (369) (27,180)
12 Months or More (24,887) (91,722)
Total (25,256) (118,902)
Corporate securities    
Fair Value    
Less Than 12 Months 3,340,636 18,326,331
12 Months or More 17,623,264 12,859,732
Total 20,963,900 31,186,063
Unrealized Loss    
Less Than 12 Months (136,453) (970,553)
12 Months or More (1,077,532) (1,414,499)
Total (1,213,985) (2,385,052)
Redeemable preferred stocks    
Fair Value    
Less Than 12 Months 10,154 41,147
12 Months or More 68,291 41,655
Total 78,445 82,802
Unrealized Loss    
Less Than 12 Months (3) (4,467)
12 Months or More (4,121) (7,093)
Total $ (4,124) $ (11,560)