CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011		Dec. 31, 2010		Dec. 31, 2009
Cash Flows From Operating Activities:
Net income	$ (103,117)		$ 134,274		$ 981,496
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of premiums on investments	47,608		30,562		(689)
Amortization of deferred policy acquisition costs and value of business and customer renewals acquired	(247,401)		697,102		1,024,661
Depreciation and amortization	10,012		5,683		5,535
Net losses on derivatives	960,978		41,483		(96,041)
Net realized (gains) losses and OTTI credit losses on available-for-sale investments	(39,507)		(26,066)		41,509
Net increase in fair value of trading investments	(186,566)		(674,223)		(2,086,740)
Net realized losses on trading investments	94,640		67,277		367,337
Interest credited to contractholder deposits	424,208		401,848		385,768
Undistributed loss on private equity limited partnerships	(2,883)		2,339		9,207
Deferred federal income taxes	(49,932)		149,377		295,608
Changes in assets and liabilities:
Additions To Deferred Policy Acquisition Costs Sales Inducement Asset And Value Of Business And Customer Renewals Acquired	(225,114)		(184,995)		(346,900)
Accrued investment income	19,025		41,805		36,736
Net change in reinsurance receivable/payable	69,511		129,907		209,637
Future contract and policy benefits	60,518		33,876		(125,992)
Other, net	(32,132)		17,031		(243,369)
Adjustments related to discontinued operations	0		0		(288,018)
Net cash provided by operating activities	799,848		867,280		169,745
Sales, maturities and repayments of:
Available-for-sale fixed maturity securities	708,951		498,087		113,478
Trading fixed maturity securities	3,136,456		4,170,750		2,097,054
Real Estate	812		0		0
Mortgage loans	253,599		249,283		143,493
Other Invested Assets	115,650	[1]	(315,643)	[1]	(207,548)	[1]
Purchases Of [Abstract]
Available-for-sale fixed maturity securities	(561,142)		(771,747)		(347,139)
Trading fixed maturity securities	(1,948,459)		(3,946,548)		(867,310)
Mortgage loans	(15,045)		(101,668)		(17,518)
Real estate	(4,739)		(4,874)		(4,702)
Other invested assets	(71,270)	[2]	(64,998)	[2]	(106,277)	[2]
Net change in other investments	0		0		(183,512)
Net change in policy loans	6,879		5,182		6,817
Net change in short-term investments (Note 1)	726,844		434,572		(722,821)
Net cash provided by investing activities	2,348,536		152,396		(95,985)
Cash Flows From Financing Activities:
Additions to contractholder deposit funds	1,029,870		1,217,014		2,795,939
Withdrawals from contractholder deposit funds	(3,631,161)		(3,606,335)		(3,011,499)
Repayment of debt	(100,000)		(100,000)		0
Debt proceeds			0		200,000
Capital contribution from Parent	0		400,000		748,652
Return of capital to Parent	(300,000)		0		0
Other, net	(11,352)		1,760		(27,312)
Net cash used in financing activities	(3,012,643)		(2,087,561)		705,780
Net change in cash and cash equivalents	135,741		(1,067,885)		779,540
Cash and cash equivalents, beginning of period	736,323		1,804,208		1,024,668
Cash and cash equivalents, end of period	$ 872,064		$ 736,323		$ 1,804,208

[1] Includes $95.1 million, $(371.9) million and $(345.2) million related to settlements of derivative instruments during the years ended December 31, 2011, 2010 and 2009, respectively.

[2] Includes $(62.0) million, $(62.0) million and $(92.1) million related to acquisitions of derivative instruments during the years ended December 31, 2011, 2010 and 2009, respectively.