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INVESTMENT OPERATIONS - Schedule of Gross Unrealized Losses and Fair Value of Investments Not Deemed to be Other-Than-Temporary (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Fair Value    
Less Than 12 Months $ 22,217,328 $ 7,026,657
12 Months or More 17,562,380 14,598,554
Total 39,779,708 21,625,211
Unrealized Loss    
Less Than 12 Months (1,088,010) (79,273)
12 Months or More (1,654,537) (601,185)
Total (2,742,547) (680,458)
Residential mortgage-backed securities    
Fair Value    
Less Than 12 Months 1,485,009 765,641
12 Months or More 795,765 408,460
Total 2,280,774 1,174,101
Unrealized Loss    
Less Than 12 Months (31,302) (9,666)
12 Months or More (30,633) (13,064)
Total (61,935) (22,730)
Commercial mortgage-backed securities    
Fair Value    
Less Than 12 Months 419,420 750,643
12 Months or More 1,405,690 779,086
Total 1,825,110 1,529,729
Unrealized Loss    
Less Than 12 Months (7,398) (8,521)
12 Months or More (49,602) (21,031)
Total (57,000) (29,552)
Other asset-backed securities    
Fair Value    
Less Than 12 Months 687,271 86,506
12 Months or More 148,871 134,316
Total 836,142 220,822
Unrealized Loss    
Less Than 12 Months (30,963) (322)
12 Months or More (4,435) (5,441)
Total (35,398) (5,763)
U.S. government-related securities    
Fair Value    
Less Than 12 Months 130,290 94,110
12 Months or More 1,085,654 1,072,232
Total 1,215,944 1,166,342
Unrealized Loss    
Less Than 12 Months (4,668) (688)
12 Months or More (41,054) (31,489)
Total (45,722) (32,177)
Other government-related securities    
Fair Value    
Less Than 12 Months 224,273 24,830
12 Months or More 131,569 115,294
Total 355,842 140,124
Unrealized Loss    
Less Than 12 Months (15,207) (169)
12 Months or More (18,583) (4,779)
Total (33,790) (4,948)
States, municipals, and political subdivisions    
Fair Value    
Less Than 12 Months 1,004,262 170,268
12 Months or More 1,129,152 1,027,747
Total 2,133,414 1,198,015
Unrealized Loss    
Less Than 12 Months (27,180) (1,738)
12 Months or More (91,722) (43,875)
Total (118,902) (45,613)
Corporate securities    
Fair Value    
Less Than 12 Months 18,225,656 5,026,417
12 Months or More 12,824,024 10,947,027
Total 31,049,680 15,973,444
Unrealized Loss    
Less Than 12 Months (966,825) (55,649)
12 Months or More (1,411,415) (471,752)
Total (2,378,240) (527,401)
Redeemable preferred stock    
Fair Value    
Less Than 12 Months 41,147 22,048
12 Months or More 41,655 23,197
Total 82,802 45,245
Unrealized Loss    
Less Than 12 Months (4,467) (1,120)
12 Months or More (7,093) (2,383)
Total $ (11,560) (3,503)
Equities    
Fair Value    
Less Than 12 Months   86,194
12 Months or More   91,195
Total   177,389
Unrealized Loss    
Less Than 12 Months   (1,400)
12 Months or More   (7,371)
Total   $ (8,771)