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FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets:    
Available-for-sale securities, fair value $ 39,007,653 $ 36,328,836
Total fixed maturity securities 40,571,237 37,996,577
Equity securities 744,176 716,017
Other long-term investments 441,393 417,769
Short-term investments 422,685 315,834
Assets related to separate accounts    
Variable annuity 13,763,971 13,244,252
Variable universal life 996,375 895,925
Liabilities:    
Other liabilities 230,082 176,979
Fixed maturities    
Assets:    
Available-for-sale securities, fair value 37,890,158 35,356,717
Trading securities 2,700,000 2,600,000
Residential mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 2,183,369 1,889,607
Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 1,892,053 1,782,497
Other asset-backed securities    
Assets:    
Available-for-sale securities, fair value 1,190,667 1,211,533
States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities, fair value 1,704,009 1,656,503
Other government-related securities    
Assets:    
Available-for-sale securities, fair value 252,280 237,926
Corporate securities    
Assets:    
Available-for-sale securities, fair value 29,283,107 27,224,649
Level 3 | Other asset-backed securities    
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 553,005 553,308
Level 3 | Corporate securities    
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 615,576 638,279
Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities 40,571,237 37,996,577
Equity securities 744,176 716,017
Other long-term investments 591,317 533,433
Short-term investments 422,685 315,834
Total investments 42,329,415 39,561,861
Cash 199,633 214,439
Assets related to separate accounts    
Variable annuity 13,763,971 13,244,252
Variable universal life 996,375 895,925
Total assets measured at fair value on a recurring basis 57,289,394 53,916,477
Liabilities:    
Annuity account balances 85,028 87,616
Other liabilities 841,900 674,048
Total liabilities measured at fair value on a recurring basis 926,928 761,664
Measured at fair value on a recurring basis | Fixed maturities    
Assets:    
Available-for-sale securities, fair value 37,890,158 35,356,717
Trading securities 2,681,079 2,639,860
Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 2,183,369 1,889,607
Trading securities 262,062 255,027
Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 1,892,053 1,782,497
Trading securities 145,653 149,683
Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Available-for-sale securities, fair value 1,190,667 1,211,533
Trading securities 142,613 200,084
Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Available-for-sale securities, fair value 1,292,833 1,268,159
Trading securities 27,714 26,961
Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities, fair value 1,704,009 1,656,503
Trading securities 321,001 316,519
Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Available-for-sale securities, fair value 252,280 237,926
Trading securities 64,067 63,012
Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Available-for-sale securities, fair value 29,283,107 27,224,649
Trading securities 1,714,740 1,624,589
Measured at fair value on a recurring basis | Preferred stock    
Assets:    
Available-for-sale securities, fair value 91,840 85,843
Trading securities 3,229 3,985
Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities 1,106,985 1,095,210
Equity securities 678,660 650,231
Other long-term investments 61,072 82,420
Short-term investments 316,914 313,835
Total investments 2,163,631 2,141,696
Cash 199,633 214,439
Assets related to separate accounts    
Variable annuity 13,763,971 13,244,252
Variable universal life 996,375 895,925
Total assets measured at fair value on a recurring basis 17,123,610 16,496,312
Liabilities:    
Annuity account balances 0 0
Other liabilities 23,775 13,004
Total liabilities measured at fair value on a recurring basis 23,775 13,004
Measured at fair value on a recurring basis | Level 1 | Fixed maturities    
Assets:    
Available-for-sale securities, fair value 1,082,167 1,068,801
Trading securities 24,818 26,409
Measured at fair value on a recurring basis | Level 1 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 1 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 1 | Other asset-backed securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Available-for-sale securities, fair value 1,009,225 1,002,020
Trading securities 21,589 22,424
Measured at fair value on a recurring basis | Level 1 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 1 | Other government-related securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 1 | Preferred stock    
Assets:    
Available-for-sale securities, fair value 72,942 66,781
Trading securities 3,229 3,985
Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities 38,245,536 35,584,659
Equity securities 0 0
Other long-term investments 380,511 335,497
Short-term investments 105,771 1,999
Total investments 38,731,818 35,922,155
Cash 0 0
Assets related to separate accounts    
Variable annuity 0 0
Variable universal life 0 0
Total assets measured at fair value on a recurring basis 38,731,818 35,922,155
Liabilities:    
Annuity account balances 0 0
Other liabilities 256,829 255,241
Total liabilities measured at fair value on a recurring basis 256,829 255,241
Measured at fair value on a recurring basis | Level 2 | Fixed maturities    
Assets:    
Available-for-sale securities, fair value 35,630,289 33,061,263
Trading securities 2,615,247 2,523,396
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 2,183,369 1,889,604
Trading securities 262,062 255,027
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 1,892,053 1,782,497
Trading securities 145,653 149,683
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Available-for-sale securities, fair value 637,518 648,929
Trading securities 107,123 115,521
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Available-for-sale securities, fair value 283,608 266,139
Trading securities 6,125 4,537
Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities, fair value 1,704,009 1,656,503
Trading securities 321,001 316,519
Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Available-for-sale securities, fair value 252,280 237,926
Trading securities 64,067 63,012
Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Available-for-sale securities, fair value 28,658,554 26,560,603
Trading securities 1,709,216 1,619,097
Measured at fair value on a recurring basis | Level 2 | Preferred stock    
Assets:    
Available-for-sale securities, fair value 18,898 19,062
Trading securities 0 0
Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities 1,218,716 1,316,708
Equity securities 65,516 65,786
Other long-term investments 149,734 115,516
Short-term investments 0 0
Total investments 1,433,966 1,498,010
Cash 0 0
Assets related to separate accounts    
Variable annuity 0 0
Variable universal life 0 0
Total assets measured at fair value on a recurring basis 1,433,966 1,498,010
Liabilities:    
Annuity account balances 85,028 87,616
Other liabilities 561,296 405,803
Total liabilities measured at fair value on a recurring basis 646,324 493,419
Measured at fair value on a recurring basis | Level 3 | Fixed maturities    
Assets:    
Available-for-sale securities, fair value 1,177,702 1,226,653
Trading securities 41,014 90,055
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 0 3
Trading securities 0 0
Measured at fair value on a recurring basis | Level 3 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Available-for-sale securities, fair value 553,149 562,604
Trading securities 35,490 84,563
Measured at fair value on a recurring basis | Level 3 | U.S. government-related securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 3 | Other government-related securities    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities 0 0
Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Available-for-sale securities, fair value 624,553 664,046
Trading securities 5,524 5,492
Measured at fair value on a recurring basis | Level 3 | Preferred stock    
Assets:    
Available-for-sale securities, fair value 0 0
Trading securities $ 0 $ 0