SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2011

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of property and equipment

	As of December 31,
	2011			2010
	(Dollars In Thousands)
Home office building	$	72,148		$	62,585
Data processing equipment		57,322			54,615
Other, principally furniture and equipment		54,032			52,762
		183,502			169,962
Accumulated depreciation		(134,924	)		(130,576	)
Total property and equipment	$	48,578		$	39,386

Schedule of future maturities of stable value products

Year of Maturity	Amount
	(Dollars In Thousands)
2012	$	949,303.0
2013 - 2014		772,779.8
2015 - 2016		1,033,638.6
Thereafter		13,713.6

Summary of activity in the liability for unpaid claims for life and health insurance

	As of December 31,
	2011		2010		2009
	(Dollars In Thousands)
Balance beginning of year	$	299,971	$	299,396	$	218,571
Less: reinsurance		156,932		148,479		111,451
Net balance beginning of year		143,039		150,917		107,120
Incurred related to:
Current year		653,525		471,039		471,408
Prior year		65,269		35,555		36,230
Total incurred		718,794		506,594		507,638
Paid related to:
Current year		639,118		457,511		411,699
Prior year		76,424		56,961		52,142
Total paid		715,542		514,472		463,841
Other changes:
Acquisition and reserve transfers		5,058		—		—
Net balance end of year		151,349		143,039		150,917
Add: reinsurance		161,450		156,932		148,479
Balance end of year	$	312,799	$	299,971	$	299,396