XML 52 R56.htm IDEA: XBRL DOCUMENT  v2.3.0.11
DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross $ (34,993,000) $ (119,888,000) $ (47,679,000) $ (142,960,000)  
Notional Amount, Other long-term investments 2,262,991,000   2,262,991,000   1,249,465,000
Fair Value, Other long-term investments 38,610,000   38,610,000   35,667,000
Notional Amount, Other liabilities 6,191,418,000   6,191,418,000   6,105,014,000
Fair Value, Other liabilities 246,744,000   246,744,000   243,511,000
Cash flow hedges. | Inflation
         
Notional amount and fair value of the entity's derivative financial instruments          
Notional Amount, Other long-term investments 29,828,000   29,828,000    
Fair Value, Other long-term investments 13,000   13,000    
Notional Amount, Other liabilities 263,551,000   263,551,000   293,379,000
Fair Value, Other liabilities 8,152,000   8,152,000   12,005,000
Cash flow hedges. | Interest rate swaps
         
Notional amount and fair value of the entity's derivative financial instruments          
Base of floating rate interest rate payments     LIBOR    
Notional Amount, Other liabilities 75,000,000   75,000,000   75,000,000
Fair Value, Other liabilities 5,315,000   5,315,000   6,747,000
Derivatives not designated as hedging instruments
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (34,993,000) (119,888,000) (47,679,000) (142,960,000)  
Derivatives not designated as hedging instruments | Interest rate swaps
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (2,989,000) (6,382,000) (2,457,000) (8,774,000)  
Notional Amount, Other long-term investments 25,000,000   25,000,000   25,000,000
Fair Value, Other long-term investments 3,596,000   3,596,000   3,808,000
Notional Amount, Other liabilities 110,000,000   110,000,000   110,000,000
Fair Value, Other liabilities 8,618,000   8,618,000   9,137,000
Derivatives not designated as hedging instruments | Credit default swaps
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross 917,000 (1,142,000) 694,000 (637,000)  
Notional Amount, Other long-term investments 80,000,000   80,000,000    
Fair Value, Other long-term investments 465,000   465,000    
Notional Amount, Other liabilities 165,000,000   165,000,000   25,000,000
Fair Value, Other liabilities 4,422,000   4,422,000   1,099,000
Derivatives not designated as hedging instruments | Equity options
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (3,982,000)   (7,259,000)    
Derivatives not designated as hedging instruments | Volatility swaps
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (917,000)   (3,734,000)    
Derivatives not designated as hedging instruments | Equity futures
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (1,503,000)   (19,346,000)    
Notional Amount, Other long-term investments 581,000   581,000    
Fair Value, Other long-term investments 11,000   11,000    
Notional Amount, Other liabilities 89,808,000   89,808,000   327,321,000
Fair Value, Other liabilities 3,045,000   3,045,000   7,231,000
Derivatives not designated as hedging instruments | Currency future
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (199,000)   (199,000)    
Notional Amount, Other long-term investments 38,085,000   38,085,000    
Fair Value, Other long-term investments 420,000   420,000    
Notional Amount, Other liabilities 13,581,000   13,581,000    
Fair Value, Other liabilities 2,000   2,000    
Derivatives not designated as hedging instruments | Interest rate futures
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross 9,039,000   3,369,000    
Notional Amount, Other liabilities 381,653,000   381,653,000   598,357,000
Fair Value, Other liabilities 3,531,000   3,531,000   16,764,000
Derivatives not designated as hedging instruments | Embedded derivative - Modco reinsurance treaties
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (29,214,000) (63,063,000) (21,372,000) (94,157,000)  
Notional Amount, Other long-term investments 30,030,000   30,030,000   29,563,000
Fair Value, Other long-term investments 1,988,000   1,988,000   2,687,000
Notional Amount, Other liabilities 2,799,920,000   2,799,920,000   2,842,862,000
Fair Value, Other liabilities 166,779,000   166,779,000   146,105,000
Derivatives not designated as hedging instruments | Embedded derivative - GMWB
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (5,533,000) (49,326,000) 2,662,000 (40,202,000)  
Notional Amount, Other long-term investments 1,645,178,000   1,645,178,000   1,094,395,000
Fair Value, Other long-term investments 25,540,000   25,540,000   22,346,000
Notional Amount, Other liabilities 2,052,821,000   2,052,821,000   1,493,745,000
Fair Value, Other liabilities 42,481,000   42,481,000   41,948,000
Derivatives not designated as hedging instruments | Other
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (612,000) 25,000 (37,000) 810,000  
Notional Amount, Other long-term investments 414,289,000   414,289,000   100,507,000
Fair Value, Other long-term investments 6,577,000   6,577,000   6,826,000
Notional Amount, Other liabilities 240,084,000   240,084,000   339,350,000
Fair Value, Other liabilities 4,399,000   4,399,000   2,475,000
Credit default protection on liquid traded indices
         
Notional amount and fair value of the entity's derivative financial instruments          
Attachment point (as a percent)     10.00%    
Exhaustion point (as a percent)     15.00%    
Maximum potential amount of future payments (undiscounted) that the entity could be required to make under the credit derivatives 25,000,000   25,000,000    
Collateral posted 1,800,000   1,800,000    
Fair Value, Other liabilities 1,500,000   1,500,000    
Credit default protection on single name entities
         
Notional amount and fair value of the entity's derivative financial instruments          
Maximum potential amount of future payments (undiscounted) that the entity could be required to make under the credit derivatives 220,000,000   220,000,000    
Additional collateral required to be posted 2,500,000   2,500,000    
Fair Value, Other liabilities $ 2,500,000   $ 2,500,000