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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets:    
Available-for-sale securities $ 26,090,742 $ 27,271,759
Total fixed maturity securities 28,323,215 29,787,959
Equity securities 461,231 411,786
Other long-term investments 266,730 113,364
Short-term investments 216,224 217,812
Assets related to separate accounts    
Variable annuity 11,921,925 9,601,417
Variable universal life 663,380 562,817
Liabilities:    
Other liabilities 434,232 657,874
Fixed maturities
   
Assets:    
Available-for-sale securities 25,540,436 26,780,651
Trading securities 2,800,000 3,000,000
Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,464,027 1,839,330
Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 911,607 869,823
Other asset-backed securities
   
Assets:    
Available-for-sale securities 877,164 975,013
State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,300,377 1,443,713
Other government-related securities
   
Assets:    
Available-for-sale securities 41,128 100,778
Corporate bonds
   
Assets:    
Available-for-sale securities 19,732,697 20,382,051
Level 3 | Other asset-backed securities
   
Assets:    
Total investments 548,711 596,143
Level 3 | Other government-related securities
   
Assets:    
Total investments   20,011
Level 3 | Corporate bonds
   
Assets:    
Total investments 192,580 168,007
Measured at fair value on a recurring basis | Level 1
   
Assets:    
Total fixed maturity securities 1,262,408 1,214,899
Equity securities 348,472 307,252
Other long-term investments 58,567 23,639
Short-term investments 213,924 215,320
Total investments 1,883,371 1,761,110
Cash 354,449 368,801
Other assets 10,086 8,239
Assets related to separate accounts    
Variable annuity 11,921,925 9,601,417
Variable universal life 663,380 562,817
Total assets 14,833,211 12,302,384
Liabilities:    
Other liabilities 11,304 19,187
Total liabilities 11,304 19,187
Measured at fair value on a recurring basis | Level 1 | Fixed maturities
   
Assets:    
Available-for-sale securities 1,063,691 910,195
Trading securities 198,717 304,704
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,063,584 909,988
Trading securities 198,717 304,704
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 26,144,121 27,714,025
Equity securities 43,341 35,116
Other long-term investments 54,600 58,134
Short-term investments 2,300 2,492
Total investments 26,244,362 27,809,767
Assets related to separate accounts    
Total assets 26,244,362 27,809,767
Liabilities:    
Other liabilities 136,398 27,250
Total liabilities 136,398 27,250
Measured at fair value on a recurring basis | Level 2 | Fixed maturities
   
Assets:    
Available-for-sale securities 23,736,118 25,082,071
Trading securities 2,408,003 2,631,954
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,463,989 1,839,326
Trading securities 308,356 357,803
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 911,607 869,823
Trading securities 169,046 171,073
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 328,393 378,870
Trading securities 90,726 87,395
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 149,852 259,955
Trading securities 5,147 1,169
Measured at fair value on a recurring basis | Level 2 | State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,296,047 1,439,378
Trading securities 262,036 278,898
Measured at fair value on a recurring basis | Level 2 | Other government-related securities
   
Assets:    
Available-for-sale securities 41,128 80,767
Trading securities 57,525 63,444
Measured at fair value on a recurring basis | Level 2 | Corporate bonds
   
Assets:    
Available-for-sale securities 19,545,102 20,213,952
Trading securities 1,515,167 1,672,172
Measured at fair value on a recurring basis | Level 3
   
Assets:    
Total fixed maturity securities 916,686 859,035
Equity securities 69,418 69,418
Other long-term investments 153,563 31,591
Total investments 1,139,667 960,044
Assets related to separate accounts    
Total assets 1,139,667 960,044
Liabilities:    
Annuity account balances 110,590 129,468
Other liabilities 286,530 611,437
Total liabilities 397,120 740,905
Measured at fair value on a recurring basis | Level 3 | Fixed maturities
   
Assets:    
Available-for-sale securities 740,627 788,385
Trading securities 176,059 70,650
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 38 4
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 548,771 596,143
Trading securities 170,967 70,535
Measured at fair value on a recurring basis | Level 3 | State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 4,330 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 187,488 167,892
Trading securities 5,092 115
Measured at fair value on a recurring basis | Fair Values
   
Assets:    
Total fixed maturity securities 28,323,215 29,787,959
Equity securities 461,231 411,786
Other long-term investments 266,730 113,364
Short-term investments 216,224 217,812
Total investments 29,267,400 30,530,921
Cash 354,449 368,801
Other assets 10,086 8,239
Assets related to separate accounts    
Variable annuity 11,921,925 9,601,417
Variable universal life 663,380 562,817
Total assets 42,217,240 41,072,195
Liabilities:    
Annuity account balances 110,590 129,468
Other liabilities 434,232 657,874
Total liabilities 544,822 787,342
Measured at fair value on a recurring basis | Fair Values | Fixed maturities
   
Assets:    
Available-for-sale securities 25,540,436 26,780,651
Trading securities 2,782,779 3,007,308
Measured at fair value on a recurring basis | Fair Values | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,464,027 1,839,330
Trading securities 308,356 357,803
Measured at fair value on a recurring basis | Fair Values | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 911,607 869,823
Trading securities 169,046 171,073
Measured at fair value on a recurring basis | Fair Values | Other asset-backed securities
   
Assets:    
Available-for-sale securities 877,164 975,013
Trading securities 261,693 157,930
Measured at fair value on a recurring basis | Fair Values | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,213,436 1,169,943
Trading securities 203,864 305,873
Measured at fair value on a recurring basis | Fair Values | State, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,300,377 1,443,713
Trading securities 262,036 278,898
Measured at fair value on a recurring basis | Fair Values | Other government-related securities
   
Assets:    
Available-for-sale securities 41,128 100,778
Trading securities 57,525 63,444
Measured at fair value on a recurring basis | Fair Values | Corporate bonds
   
Assets:    
Available-for-sale securities 19,732,697 20,382,051
Trading securities $ 1,520,259 $ 1,672,287