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INVESTMENT OPERATIONS (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Major categories of net investment income                      
Fixed maturities                 $ 1,453,702,000 $ 1,416,861,000 $ 1,302,226,000
Equity securities                 21,187,000 21,274,000 18,516,000
Mortgage loans                 349,877,000 336,542,000 311,253,000
Investment real estate                 3,290,000 3,459,000 3,180,000
Short-term investments                 64,729,000 69,791,000 72,803,000
Investment income before other investment expenses                 1,892,785,000 1,847,927,000 1,707,978,000
Other investment expenses                 30,453,000 27,284,000 24,302,000
Net investment income 476,045,000 467,944,000 456,222,000 462,121,000 464,719,000 462,926,000 448,785,000 444,213,000 1,862,332,000 1,820,643,000 1,683,676,000
Net realized investment gains (losses) for all other investments                      
Fixed maturities                 67,726,000 80,180,000 50,056,000
Equity securities                 (45,000) 9,194,000 6,488,000
Impairments on fixed maturity securities                 (58,886,000) (47,442,000) (39,696,000)
Impairments on equity securities                     (1,814,000)
Modco trading portfolio                 177,986,000 164,224,000 109,399,000
Other investments                 (14,632,000) (18,683,000) (11,577,000)
Total realized gains (losses) - investments                 172,149,000 187,473,000 112,856,000
Gross realized gains on investments available-for-sale (fixed maturities, equity securities, and short-term investments)                 73,300,000 104,800,000 98,200,000
Gross realized losses                 64,000,000 62,100,000 82,900,000
Impairment losses on investments available-for-sale                 58,400,000 46,700,000 41,300,000
Fair value (proceeds) of securities in an unrealized gain position sold                 1,600,000,000 2,200,000,000 2,900,000,000
Gain realized on the sale of securities in an unrealized gain position                 73,300,000 104,800,000 98,200,000
Fair value (proceeds) of securities in an unrealized loss position sold                 38,000,000 264,000,000 705,500,000
Loss realized on the sale of securities in an unrealized loss position                 $ 5,600,000 $ 15,400,000 $ 41,600,000