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DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Notional amount and fair value of the entity's derivative financial instruments      
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross $ (48,192) $ (10,748)  
Realized investment gains (losses) - derivatives related to FIA contracts, gross 3,072    
Realized investment gains (losses) - derivatives, gross (105,350) 7,385  
Notional Amount, Other long-term investments 8,213,432   8,412,748
Fair Value, Other long-term investments 277,724   307,567
Notional Amount, Other liabilities 8,798,080   7,594,421
Fair Value, Other liabilities 498,200   457,802
Cash flow hedges | Inflation
     
Notional amount and fair value of the entity's derivative financial instruments      
Notional Amount, Other long-term investments 39,882    
Fair Value, Other long-term investments 12    
Notional Amount, Other liabilities 143,083   182,965
Fair Value, Other liabilities 199   1,865
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 contracts, gross 4,250 (16,484)  
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 contracts, gross 57,368 (16,556)  
Realized investment gains (losses) - derivatives, gross   1,003  
Notional Amount, Other long-term investments 245,000   200,000
Fair Value, Other long-term investments 3,104   1,961
Notional Amount, Other liabilities 1,230,000   1,230,000
Fair Value, Other liabilities 99,091   153,322
Positions held 0    
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 contracts, gross (1,850) (10,433)  
Notional Amount, Other liabilities 1,000   1,500
Fair Value, Other liabilities 2,959   1,744
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 (60,169) 16,775  
Notional Amount, Other long-term investments 44,858   80,376
Fair Value, Other long-term investments 1,011   1,517
Notional Amount, Other liabilities 2,598,197   2,578,590
Fair Value, Other liabilities 266,581   206,918
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 contracts, gross (82,287) 80,375  
Notional Amount, Other long-term investments 5,222,067   6,113,017
Fair Value, Other long-term investments 142,797   194,616
Notional Amount, Other liabilities 3,598,490   2,494,142
Fair Value, Other liabilities 68,855   38,388
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 39,834    
Fair Value, Other long-term investments 131    
Notional Amount, Other liabilities 257,692   322,902
Fair Value, Other liabilities 1,072   5,221
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 related to FIA contracts, gross 1,733    
Notional Amount, Other liabilities 395,528   244,424
Fair Value, Other liabilities 35,929   25,324
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 contracts, gross (2,651) (23,225)  
Realized investment gains (losses) - derivatives related to FIA contracts, gross 345    
Notional Amount, Other long-term investments 78,458   3,387
Fair Value, Other long-term investments 484   111
Notional Amount, Other liabilities 70,047   164,595
Fair Value, Other liabilities 700   6,595
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 contracts, gross (1,278) 8,083  
Notional Amount, Other long-term investments 40,062   14,338
Fair Value, Other long-term investments 208   321
Notional Amount, Other liabilities 104,052   118,008
Fair Value, Other liabilities 294   840
Derivatives not designated as hedging instruments | Volatility futures
     
Notional amount and fair value of the entity's derivative financial instruments      
Positions held 0    
Derivatives not designated as hedging instruments | Interest rate caps
     
Notional amount and fair value of the entity's derivative financial instruments      
Positions held 0    
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 contracts, gross (12,341) (28,406)  
Realized investment gains (losses) - derivatives related to FIA contracts, gross 994    
Notional Amount, Other long-term investments 1,877,846   1,376,205
Fair Value, Other long-term investments 108,706   78,277
Notional Amount, Other liabilities 399,765   257,065
Fair Value, Other liabilities 22,489   17,558
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 contracts, gross (9,403) (4,102)  
Notional Amount, Other long-term investments 625,000   625,000
Fair Value, Other long-term investments 20,889   30,291
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 (61) 355  
Notional Amount, Other long-term investments 425   425
Fair Value, Other long-term investments 382   473
Notional Amount, Other liabilities 226   230
Fair Value, Other liabilities $ 31   $ 27
Derivatives not designated as hedging instruments | Volatility options
     
Notional amount and fair value of the entity's derivative financial instruments      
Positions held 0