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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Premiums and policy fees $ 2,799,390 $ 2,784,134 [1] $ 2,609,357 [1]
Reinsurance ceded (1,310,097) (1,363,914) [1] (1,380,712) [1]
Net of reinsurance ceded 1,489,293 1,420,220 [1] 1,228,645 [1]
Net investment income 1,789,338 1,753,444 [1] 1,624,845 [1]
Realized investment gains (losses):      
Derivative financial instruments (227,816) (155,005) [1] (144,438) [1]
All other investments 232,836 247,753 [1] 158,420 [1]
Other-than-temporary impairment losses (67,130) (62,210) [1] (74,970) [1]
Portion recognized in other comprehensive income (before taxes) 8,986 14,889 [1] 33,606 [1]
Net impairment losses recognized in earnings (58,144) (47,321) [1] (41,364) [1]
Other income 230,553 189,494 [1] 110,876 [1]
Total revenues 3,456,060 3,408,585 [1] 2,936,984 [1]
Benefits and expenses      
Benefits and settlement expenses, net of reinsurance ceded: (2012 - $1,228,897; 2011 - $1,231,405; 2010 - $1,283,054) 2,317,121 2,222,220 [1] 2,076,392 [1]
Amortization of deferred policy acquisition costs and value of business acquired 192,183 249,520 [1] 144,496 [1]
Other operating expenses, net of reinsurance ceded: (2012 - $200,442; 2011 - $203,868; 2010 - $205,299) 487,177 461,570 [1] 382,920 [1]
Total benefits and expenses 2,996,481 2,933,310 [1] 2,603,808 [1]
Income before income tax 459,579 475,275 [1] 333,176 [1]
Income tax (benefit) expense      
Current 81,006 (4,576) [1] 6,544 [1]
Deferred 70,037 156,095 [1] 103,321 [1]
Total income tax expense 151,043 151,519 [1] 109,865 [1]
Net income $ 308,536 [1] $ 323,756 [1] $ 223,311 [1]
[1] Recast from previously reported information