CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS (Tables)

12 Months Ended

Dec. 31, 2012

CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS

Schedule of activity relating to GMDB reserves (excluding those 100% reinsured under the Modco agreement)

	For The Year Ended December 31,
	2012		2011		2010
	(Dollars In Thousands)
Beginning balance	$	9,798	$	6,412	$	342
Incurred guarantee benefits		14,087		7,171		11,799
Less: Paid guarantee benefits		4,279		3,785		5,729
Ending balance	$	19,606	$	9,798	$	6,412

Schedule of account balances of variable annuities with guarantees invested in variable annuity separate accounts

	As of December 31,
	2012		2011
	(Dollars In Thousands)
Equity mutual funds	$	6,171,196	$	3,972,729
Fixed income mutual funds		3,381,581		2,185,654
Total	$	9,552,777	$	6,158,383

Schedule of activity in the Company's deferred sales inducement asset

	For The Year Ended December 31,
	2012			2011			2010
	(Dollars In Thousands)
Deferred asset, beginning of period	$	125,527		$	112,147		$	116,298
Amounts deferred		23,362			29,472			25,587
Amortization		(4,940	)		(16,092	)		(29,738	)
Deferred asset, end of period	$	143,949		$	125,527		$	112,147