Derivative Investments (Tables)

12 Months Ended

Dec. 31, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

The tables below present the fair value of derivative instruments.

	December 31, 2012
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
		(In thousands)			(In thousands)
Derivatives not designated as hedging instruments
Equity index options	Derivatives, Index Options	$	57,890
Fixed-indexed products				Universal Life and Annuity Contracts	$	72,470
Total		$	57,890		$	72,470

	December 31, 2011
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
		(In thousands)			(In thousands)
Derivatives not designated as hedging instruments
Equity index options	Derivatives, Index Options	$	30,844
Fixed-indexed products				Universal Life and Annuity Contracts	$	47,129
Total		$	30,844		$	47,129

Schedule of Derivative Instruments in Condensed Consolidated Statements of Earnings

The table below presents the effect of derivative instruments in the consolidated statements of earnings for the years ended December 31, 2012 and 2011.

Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized In Income on Derivatives	Amount of Gain or (Loss) Recognized In Income on Derivatives			Amount of Gain or (Loss)Recognized In Income on Derivatives
		2012			2011
		(In thousands)
Equity index options	Net investment income	$	27,147		(33,335	)
Fixed-indexed products	Universal life and annuity contract interest	(28,852		)	36,757
		$	(1,705	)	3,422