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DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives related to variable annuity and FIA contracts, gross $ 11,247,000 $ (32,534,000) $ (1,988,000) $ (69,106,000)  
Realized investment gains (losses) - derivatives, gross 41,326,000 (134,222,000) 192,592,000 (212,399,000)  
Notional Amount, Other long-term investments 7,698,273,000   7,698,273,000   6,163,061,000
Fair Value, Other long-term investments 266,730,000   266,730,000   113,364,000
Notional Amount, Other liabilities 8,044,807,000   8,044,807,000   9,672,554,000
Fair Value, Other liabilities 434,232,000   434,232,000   657,874,000
Cash posted as collateral 81,000,000   81,000,000    
Securities posted as collateral 52,200,000   52,200,000    
Cash collateral received 6,000,000   6,000,000   11,280,000
Cash flow hedges. | Inflation
         
Notional amount and fair value of the entity's derivative financial instruments          
Notional Amount, Other liabilities 182,965,000   182,965,000   182,965,000
Fair Value, Other liabilities 3,806,000   3,806,000   5,027,000
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 related to variable annuity and FIA contracts, gross (2,255,000) (3,371,000) (26,393,000) 32,419,000  
Notional Amount, Other liabilities 175,681,000   175,681,000   893,476,000
Fair Value, Other liabilities 531,000   531,000   13,970,000
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 related to variable annuity and FIA contracts, gross (19,224,000) 6,361,000 (125,502,000) 10,187,000  
Realized investment gains (losses) - derivatives, gross 72,000 199,000 2,984,000 (680,000)  
Notional Amount, Other long-term investments 200,000,000   200,000,000   355,000,000
Fair Value, Other long-term investments 2,035,000   2,035,000   6,532,000
Notional Amount, Other liabilities 1,500,000,000   1,500,000,000   400,000,000
Fair Value, Other liabilities 132,592,000   132,592,000   10,025,000
Derivatives not designated as hedging instruments | Variance swaps
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives related to variable annuity and FIA contracts, gross (1,347,000) (5,840,000) (9,566,000) (6,660,000)  
Notional Amount, Other long-term investments         500,000
Fair Value, Other long-term investments         406,000
Notional Amount, Other liabilities         2,675,000
Fair Value, Other liabilities         12,198,000
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 30,074,000 (101,999,000) 191,847,000 (139,972,000)  
Notional Amount, Other long-term investments 45,314,000   45,314,000   30,244,000
Fair Value, Other long-term investments 802,000   802,000   1,330,000
Notional Amount, Other liabilities 2,598,832,000   2,598,832,000   2,655,134,000
Fair Value, Other liabilities 219,532,000   219,532,000   411,907,000
Derivatives not designated as hedging instruments | Embedded derivative - FIA
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross (104,000)   (145,000)    
Notional Amount, Other liabilities 104,951,000   104,951,000    
Fair Value, Other liabilities 9,199,000   9,199,000    
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 related to variable annuity and FIA contracts, gross 80,541,000 2,921,000 264,231,000 (32,369,000)  
Notional Amount, Other long-term investments 5,200,449,000   5,200,449,000   1,640,075,000
Fair Value, Other long-term investments 152,761,000   152,761,000   30,261,000
Notional Amount, Other liabilities 3,117,089,000   3,117,089,000   5,253,961,000
Fair Value, Other liabilities 57,799,000   57,799,000   199,530,000
Derivatives not designated as hedging instruments | Interest rate futures
         
Notional amount and fair value of the entity's derivative financial instruments          
Notional Amount, Other long-term investments 111,534,000   111,534,000    
Fair Value, Other long-term investments 1,106,000   1,106,000    
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 related to variable annuity and FIA contracts, gross (12,568,000) (17,324,000) (39,829,000) (42,643,000)  
Notional Amount, Other long-term investments 47,994,000   47,994,000   147,581,000
Fair Value, Other long-term investments 937,000   937,000   595,000
Notional Amount, Other liabilities 94,457,000   94,457,000   152,364,000
Fair Value, Other liabilities 1,484,000   1,484,000   3,316,000
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 related to variable annuity and FIA contracts, gross (6,531,000) (3,078,000) 1,440,000 (2,298,000)  
Notional Amount, Other long-term investments         15,944,000
Fair Value, Other long-term investments         784,000
Notional Amount, Other liabilities 126,389,000   126,389,000   131,979,000
Fair Value, Other liabilities 3,350,000   3,350,000   1,901,000
Derivatives not designated as hedging instruments | Volatility futures
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives related to variable annuity and FIA contracts, gross       (132,000)  
Positions held 0   0    
Derivatives not designated as hedging instruments | Interest rate caps
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives, gross   (143,000)   (2,658,000)  
Notional Amount, Other long-term investments         3,000,000,000
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 related to variable annuity and FIA contracts, gross (29,094,000) (9,184,000) (65,631,000) (29,903,000)  
Notional Amount, Other long-term investments 1,467,720,000   1,467,720,000   573,493,000
Fair Value, Other long-term investments 80,754,000   80,754,000   61,833,000
Notional Amount, Other liabilities 144,408,000   144,408,000    
Fair Value, Other liabilities 5,939,000   5,939,000    
Derivatives not designated as hedging instruments | Interest rate swaptions
         
Notional amount and fair value of the entity's derivative financial instruments          
Realized investment gains (losses) - derivatives related to variable annuity and FIA contracts, gross 1,725,000 (3,019,000) (738,000) 2,293,000  
Notional Amount, Other long-term investments 625,000,000   625,000,000   400,000,000
Fair Value, Other long-term investments 27,978,000   27,978,000   11,370,000
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 37,000 255,000 (106,000) 17,000  
Notional Amount, Other long-term investments 262,000   262,000   224,000
Fair Value, Other long-term investments 357,000   357,000   253,000
Derivatives not designated as hedging instruments | Other - FIA volatility futures
         
Notional amount and fair value of the entity's derivative financial instruments          
Notional Amount, Other liabilities $ 35,000   $ 35,000