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INVESTMENT OPERATIONS - Summary of Major Categories of Net Investment Income (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Debt and Equity Securities, FV-NI [Line Items]                      
Investment income before other investment expenses                 $ 3,004,422 $ 2,506,125 $ 2,066,346
Investment expenses                 185,592 167,223 143,290
Net investment income $ 752,503 $ 739,711 $ 685,194 $ 641,422 $ 639,115 $ 631,955 $ 578,414 $ 489,418 2,818,830 2,338,902 1,923,056
Fixed maturities                      
Debt and Equity Securities, FV-NI [Line Items]                      
Investment income before other investment expenses                 2,465,902 2,043,183 1,610,768
Equity securities                      
Debt and Equity Securities, FV-NI [Line Items]                      
Investment income before other investment expenses                 30,647 35,282 40,506
Mortgage loans                      
Debt and Equity Securities, FV-NI [Line Items]                      
Investment income before other investment expenses                 388,656 322,206 298,387
Investment real estate                      
Debt and Equity Securities, FV-NI [Line Items]                      
Investment income before other investment expenses                 1,045 1,778 2,405
Short-term investments                      
Debt and Equity Securities, FV-NI [Line Items]                      
Investment income before other investment expenses                 $ 118,172 $ 103,676 $ 114,280