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FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Fixed maturity securities - available-for-sale $ 51,688,233 $ 49,898,408
Fixed maturity securities - trading 2,537,299 2,457,010
Total fixed maturity securities 53,574,677 51,679,226
Equity securities 581,376 557,708
Other long-term investments 561,937 414,827
Short-term investments 641,648 666,301
Assets related to separate accounts    
Variable annuity 12,737,450 12,288,919
Variable universal life 1,041,397 937,732
Fixed maturities    
Assets:    
Fixed maturity securities - available-for-sale 51,081,216 49,263,033
Fixed maturity securities - trading 2,493,461 2,416,192
Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 3,899,531 3,602,991
Fixed maturity securities - trading 213,259 241,836
Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 2,324,098 2,266,387
Fixed maturity securities - trading 209,482 188,925
Other asset-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 1,362,611 1,391,893
Fixed maturity securities - trading 149,541 159,907
States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - available-for-sale 3,691,664 3,588,841
Fixed maturity securities - trading 292,796 286,413
Other government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 522,125 514,036
Fixed maturity securities - trading 23,640 44,207
Corporate securities    
Assets:    
Fixed maturity securities - available-for-sale 37,786,258 36,201,578
Fixed maturity securities - trading 1,533,256 1,423,833
Level 3 | Other asset-backed securities    
Assets:    
Total investments 419,915 421,458
Level 3 | Corporate securities    
Assets:    
Total investments 648,608 631,068
Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities 53,574,678 51,679,225
Equity securities 581,376 557,708
Other long-term investments 561,937 414,827
Short-term investments 641,648 666,301
Total investments 55,359,639 53,318,061
Cash 217,554 151,400
Assets related to separate accounts    
Variable annuity 12,737,450 12,288,919
Variable universal life 1,041,397 937,732
Total assets measured at fair value on a recurring basis 69,356,040 66,696,112
Liabilities:    
Annuity account balances 74,613 76,119
Other liabilities 882,987 658,788
Total liabilities measured at fair value on a recurring basis 957,600 734,907
Measured at fair value on a recurring basis | Fixed maturities    
Assets:    
Fixed maturity securities - available-for-sale 51,081,217 49,263,033
Fixed maturity securities - trading 2,493,461 2,416,192
Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 3,899,531 3,602,991
Fixed maturity securities - trading 213,259 241,836
Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 2,324,098 2,266,387
Fixed maturity securities - trading 209,482 188,925
Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 1,362,611 1,391,893
Fixed maturity securities - trading 149,541 159,907
Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 1,411,106 1,614,505
Fixed maturity securities - trading 59,627 59,794
Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - available-for-sale 3,691,664 3,588,841
Fixed maturity securities - trading 292,796 286,413
Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 522,126 514,036
Fixed maturity securities - trading 23,640 44,207
Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Fixed maturity securities - available-for-sale 37,786,258 36,201,578
Fixed maturity securities - trading 1,533,256 1,423,833
Measured at fair value on a recurring basis | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - available-for-sale 83,823 82,802
Fixed maturity securities - trading 11,860 11,277
Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities 1,016,527 1,089,751
Equity securities 517,967 494,287
Other long-term investments 68,379 83,047
Short-term investments 546,912 589,084
Total investments 2,149,785 2,256,169
Cash 217,554 151,400
Assets related to separate accounts    
Variable annuity 12,737,450 12,288,919
Variable universal life 1,041,397 937,732
Total assets measured at fair value on a recurring basis 16,146,186 15,634,220
Liabilities:    
Annuity account balances 0 0
Other liabilities 18,581 56,018
Total liabilities measured at fair value on a recurring basis 18,581 56,018
Measured at fair value on a recurring basis | Level 1 | Fixed maturities    
Assets:    
Fixed maturity securities - available-for-sale 977,787 1,051,021
Fixed maturity securities - trading 38,740 38,730
Measured at fair value on a recurring basis | Level 1 | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Other asset-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 911,137 985,485
Fixed maturity securities - trading 26,880 27,453
Measured at fair value on a recurring basis | Level 1 | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Other government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 1 | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - available-for-sale 66,650 65,536
Fixed maturity securities - trading 11,860 11,277
Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities 51,417,717 49,497,258
Equity securities 0 0
Other long-term investments 359,864 180,438
Short-term investments 94,736 77,217
Total investments 51,872,317 49,754,913
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 51,872,317 49,754,913
Liabilities:    
Annuity account balances 0 0
Other liabilities 257,751 164,643
Total liabilities measured at fair value on a recurring basis 257,751 164,643
Measured at fair value on a recurring basis | Level 2 | Fixed maturities    
Assets:    
Fixed maturity securities - available-for-sale 49,034,731 47,152,094
Fixed maturity securities - trading 2,382,986 2,345,164
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 3,899,531 3,602,991
Fixed maturity securities - trading 213,259 241,836
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 2,324,098 2,266,387
Fixed maturity securities - trading 209,482 188,925
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 942,520 970,251
Fixed maturity securities - trading 83,057 133,851
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 499,969 629,020
Fixed maturity securities - trading 32,747 32,341
Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - available-for-sale 3,691,664 3,588,841
Fixed maturity securities - trading 292,796 286,413
Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 522,126 514,036
Fixed maturity securities - trading 23,640 44,207
Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Fixed maturity securities - available-for-sale 37,137,650 35,563,302
Fixed maturity securities - trading 1,528,005 1,417,591
Measured at fair value on a recurring basis | Level 2 | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - available-for-sale 17,173 17,266
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities 1,140,434 1,092,216
Equity securities 63,409 63,421
Other long-term investments 133,694 151,342
Short-term investments 0 0
Total investments 1,337,537 1,306,979
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 1,337,537 1,306,979
Liabilities:    
Annuity account balances 74,613 76,119
Other liabilities 606,655 438,127
Total liabilities measured at fair value on a recurring basis 681,268 514,246
Measured at fair value on a recurring basis | Level 3 | Fixed maturities    
Assets:    
Fixed maturity securities - available-for-sale 1,068,699 1,059,918
Fixed maturity securities - trading 71,735 32,298
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Commercial mortgage-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Fixed maturity securities - available-for-sale 420,091 421,642
Fixed maturity securities - trading 66,484 26,056
Measured at fair value on a recurring basis | Level 3 | U.S. government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Other government-related securities    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading 0 0
Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Fixed maturity securities - available-for-sale 648,608 638,276
Fixed maturity securities - trading 5,251 6,242
Measured at fair value on a recurring basis | Level 3 | Redeemable preferred stocks    
Assets:    
Fixed maturity securities - available-for-sale 0 0
Fixed maturity securities - trading $ 0 $ 0