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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets:    
Available-for-sale securities $ 32,723,992 $ 27,271,759
Total fixed maturity securities 34,815,931 29,787,959
Equity securities 646,027 411,786
Other long-term investments 307,567 113,364
Short-term investments 134,146 217,812
Assets related to separate accounts    
Variable annuity 12,791,438 9,601,417
Variable universal life 783,618 562,817
Liabilities:    
Other liabilities 457,802 657,874
Fixed maturities
   
Assets:    
Available-for-sale securities 32,017,441 26,780,651
Trading securities 2,800,000 3,000,000
Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,445,068 1,839,330
Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 970,656 869,823
Other asset-backed securities
   
Assets:    
Available-for-sale securities 871,983 975,013
State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,410,829 1,443,713
Other government-related securities
   
Assets:    
Available-for-sale securities 51,427 100,778
Corporate bonds
   
Assets:    
Available-for-sale securities 25,759,588 20,382,051
Level 3 | Other asset-backed securities
   
Assets:    
Total investments 545,808 596,143
Level 3 | Other government-related securities
   
Assets:    
Total investments   20,011
Level 3 | Corporate bonds
   
Assets:    
Total investments 1,555,898 168,007
Measured at fair value on a recurring basis | Level 1
   
Assets:    
Total fixed maturity securities 1,402,580 1,214,899
Equity securities 523,219 307,252
Other long-term investments 56,469 23,639
Short-term investments 132,543 215,320
Total investments 2,114,811 1,761,110
Cash 466,542 368,801
Other assets 10,979 8,239
Assets related to separate accounts    
Variable annuity 12,791,438 9,601,417
Variable universal life 783,618 562,817
Total assets 16,167,388 12,302,384
Liabilities:    
Other liabilities 30,241 19,187
Total liabilities 30,241 19,187
Measured at fair value on a recurring basis | Level 1 | Fixed maturities
   
Assets:    
Available-for-sale securities 1,211,248 910,195
Trading securities 191,332 304,704
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,211,141 909,988
Trading securities 191,332 304,704
Measured at fair value on a recurring basis | Level 1 | Corporate bonds
   
Assets:    
Available-for-sale securities 107 207
Measured at fair value on a recurring basis | Level 2
   
Assets:    
Total fixed maturity securities 31,089,724 27,714,025
Equity securities 50,927 35,116
Other long-term investments 54,965 58,134
Short-term investments 1,603 2,492
Total investments 31,197,219 27,809,767
Assets related to separate accounts    
Total assets 31,197,219 27,809,767
Liabilities:    
Other liabilities 156,931 27,250
Total liabilities 156,931 27,250
Measured at fair value on a recurring basis | Level 2 | Fixed maturities
   
Assets:    
Available-for-sale securities 28,706,742 25,082,071
Trading securities 2,382,982 2,631,954
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,445,040 1,839,326
Trading securities 310,877 357,803
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 970,656 869,823
Trading securities 158,570 171,073
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 326,175 378,870
Trading securities 93,278 87,395
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 296,749 259,955
Trading securities 4,906 1,169
Measured at fair value on a recurring basis | Level 2 | State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,407,154 1,439,378
Trading securities 260,892 278,898
Measured at fair value on a recurring basis | Level 2 | Other government-related securities
   
Assets:    
Available-for-sale securities 51,427 80,767
Trading securities 57,097 63,444
Measured at fair value on a recurring basis | Level 2 | Corporate bonds
   
Assets:    
Available-for-sale securities 24,209,541 20,213,952
Trading securities 1,497,362 1,672,172
Measured at fair value on a recurring basis | Level 3
   
Assets:    
Total fixed maturity securities 2,323,627 859,035
Equity securities 71,881 69,418
Other long-term investments 196,133 31,591
Total investments 2,591,641 960,044
Assets related to separate accounts    
Total assets 2,591,641 960,044
Liabilities:    
Annuity account balances 107,000 129,468
Other liabilities 270,630 611,437
Total liabilities 377,630 740,905
Measured at fair value on a recurring basis | Level 3 | Fixed maturities
   
Assets:    
Available-for-sale securities 2,099,451 788,385
Trading securities 224,176 70,650
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 28 4
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 545,808 596,143
Trading securities 194,977 70,535
Measured at fair value on a recurring basis | Level 3 | State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 3,675 4,335
Measured at fair value on a recurring basis | Level 3 | Other government-related securities
   
Assets:    
Available-for-sale securities   20,011
Measured at fair value on a recurring basis | Level 3 | Corporate bonds
   
Assets:    
Available-for-sale securities 1,549,940 167,892
Trading securities 29,199 115
Measured at fair value on a recurring basis | Fair Values
   
Assets:    
Total fixed maturity securities 34,815,931 29,787,959
Equity securities 646,027 411,786
Other long-term investments 307,567 113,364
Short-term investments 134,146 217,812
Total investments 35,903,671 30,530,921
Cash 466,542 368,801
Other assets 10,979 8,239
Assets related to separate accounts    
Variable annuity 12,791,438 9,601,417
Variable universal life 783,618 562,817
Total assets 49,956,248 41,072,195
Liabilities:    
Annuity account balances 107,000 129,468
Other liabilities 457,802 657,874
Total liabilities 564,802 787,342
Measured at fair value on a recurring basis | Fair Values | Fixed maturities
   
Assets:    
Available-for-sale securities 32,017,441 26,780,651
Trading securities 2,798,490 3,007,308
Measured at fair value on a recurring basis | Fair Values | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,445,068 1,839,330
Trading securities 310,877 357,803
Measured at fair value on a recurring basis | Fair Values | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 970,656 869,823
Trading securities 158,570 171,073
Measured at fair value on a recurring basis | Fair Values | Other asset-backed securities
   
Assets:    
Available-for-sale securities 871,983 975,013
Trading securities 288,255 157,930
Measured at fair value on a recurring basis | Fair Values | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,507,890 1,169,943
Trading securities 196,238 305,873
Measured at fair value on a recurring basis | Fair Values | State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,410,829 1,443,713
Trading securities 260,892 278,898
Measured at fair value on a recurring basis | Fair Values | Other government-related securities
   
Assets:    
Available-for-sale securities 51,427 100,778
Trading securities 57,097 63,444
Measured at fair value on a recurring basis | Fair Values | Corporate bonds
   
Assets:    
Available-for-sale securities 25,759,588 20,382,051
Trading securities $ 1,526,561 $ 1,672,287