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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, 2019
Dec. 31, 2018
Fair Value    
Less Than 12 Months $ 5,345,197 $ 22,217,328
12 Months or More 3,826,458 17,562,380
Total 9,171,655 39,779,708
Unrealized Loss    
Less Than 12 Months (85,800) (1,088,010)
12 Months or More (239,860) (1,654,537)
Total (325,660) (2,742,547)
Residential mortgage-backed securities    
Fair Value    
Less Than 12 Months 851,333 1,485,009
12 Months or More 220,843 795,765
Total 1,072,176 2,280,774
Unrealized Loss    
Less Than 12 Months (4,231) (31,302)
12 Months or More (2,091) (30,633)
Total (6,322) (61,935)
Commercial mortgage-backed securities    
Fair Value    
Less Than 12 Months 371,945 419,420
12 Months or More 115,566 1,405,690
Total 487,511 1,825,110
Unrealized Loss    
Less Than 12 Months (1,721) (7,398)
12 Months or More (1,571) (49,602)
Total (3,292) (57,000)
Other asset-backed securities    
Fair Value    
Less Than 12 Months 482,547 687,271
12 Months or More 214,058 148,871
Total 696,605 836,142
Unrealized Loss    
Less Than 12 Months (6,516) (30,963)
12 Months or More (8,410) (4,435)
Total (14,926) (35,398)
U.S. government-related securities    
Fair Value    
Less Than 12 Months 383,451 130,290
12 Months or More 353,517 1,085,654
Total 736,968 1,215,944
Unrealized Loss    
Less Than 12 Months (3,373) (4,668)
12 Months or More (1,943) (41,054)
Total (5,316) (45,722)
Other government-related securities    
Fair Value    
Less Than 12 Months 22,962 224,273
12 Months or More 6,230 131,569
Total 29,192 355,842
Unrealized Loss    
Less Than 12 Months (669) (15,207)
12 Months or More (1,322) (18,583)
Total (1,991) (33,790)
States, municipals, and political subdivisions    
Fair Value    
Less Than 12 Months 56,470 1,004,262
12 Months or More 12,907 1,129,152
Total 69,377 2,133,414
Unrealized Loss    
Less Than 12 Months (1,001) (27,180)
12 Months or More (229) (91,722)
Total (1,230) (118,902)
Corporate securities    
Fair Value    
Less Than 12 Months 3,176,489 18,225,656
12 Months or More 2,886,648 12,824,024
Total 6,063,137 31,049,680
Unrealized Loss    
Less Than 12 Months (68,289) (966,825)
12 Months or More (220,045) (1,411,415)
Total (288,334) (2,378,240)
Redeemable preferred stocks    
Fair Value    
Less Than 12 Months 0 41,147
12 Months or More 16,689 41,655
Total 16,689 82,802
Unrealized Loss    
Less Than 12 Months 0 (4,467)
12 Months or More (4,249) (7,093)
Total $ (4,249) $ (11,560)