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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets:    
Available-for-sale securities $ 27,482,932 $ 27,214,682
Trading securities 3,100,000  
Total fixed maturity securities 30,047,749 29,769,978
Equity securities 376,117 373,715
Other long-term investments 152,882 130,428
Short-term investments 160,301 216,787
Assets related to separate accounts    
Variable annuity 10,670,833 9,601,417
Variable universal life 605,622 562,817
Liabilities:    
Other liabilities 589,561 657,874
Fixed maturities
   
Assets:    
Available-for-sale securities 27,079,561 26,762,670
Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,717,910 1,839,330
Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 916,155 869,823
Other asset-backed securities
   
Assets:    
Available-for-sale securities 946,561 975,013
U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,207,052 1,168,446
States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 1,433,521 1,443,653
Other government-related securities
   
Assets:    
Available-for-sale securities 88,477 100,778
Corporate bonds
   
Assets:    
Available-for-sale securities 20,769,885 20,365,627
Measured at fair value on a recurring basis | Level 1
   
Assets:    
Total fixed maturity securities 1,283,889 1,214,899
Equity securities 273,488 273,072
Other long-term investments 39,960 23,639
Short-term investments 156,825 214,295
Total investments 1,754,162 1,725,905
Cash 171,443 269,582
Assets related to separate accounts    
Variable annuity 10,670,833 9,601,417
Variable universal life 605,622 562,817
Total assets 13,202,060 12,159,721
Liabilities:    
Other liabilities 2,380 19,187
Total liabilities 2,380 19,187
Measured at fair value on a recurring basis | Level 1 | Fixed maturities
   
Assets:    
Available-for-sale securities 988,881 910,195
Trading securities 295,008 304,704
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 988,675 909,988
Trading securities 295,008 304,704
Measured at fair value on a recurring basis | Level 1 | Corporate bonds
   
Assets:    
Available-for-sale securities 206 207
Measured at fair value on a recurring basis | Level 2
   
Assets:    
Total fixed maturity securities 27,977,860 27,696,104
Equity securities 37,102 35,116
Other long-term investments 42,518 58,134
Short-term investments 3,476 2,492
Total investments 28,060,956 27,791,846
Assets related to separate accounts    
Total assets 28,060,956 27,791,846
Liabilities:    
Other liabilities 47,367 27,250
Total liabilities 47,367 27,250
Measured at fair value on a recurring basis | Level 2 | Fixed maturities
   
Assets:    
Available-for-sale securities 25,381,175 25,064,150
Trading securities 2,596,685 2,631,954
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,717,906 1,839,326
Trading securities 354,522 357,803
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 916,155 869,823
Trading securities 176,986 171,073
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 385,893 378,870
Trading securities 91,039 87,395
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 218,377 258,458
Trading securities 1,728 1,169
Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 1,429,246 1,439,378
Trading securities 283,842 278,898
Measured at fair value on a recurring basis | Level 2 | Other government-related securities
   
Assets:    
Available-for-sale securities 68,474 80,767
Trading securities 63,728 63,444
Measured at fair value on a recurring basis | Level 2 | Corporate bonds
   
Assets:    
Available-for-sale securities 20,645,124 20,197,528
Trading securities 1,624,840 1,672,172
Measured at fair value on a recurring basis | Level 3
   
Assets:    
Total fixed maturity securities 786,000 858,975
Equity securities 65,527 65,527
Other long-term investments 70,404 48,655
Total investments 921,931 973,157
Assets related to separate accounts    
Total assets 921,931 973,157
Liabilities:    
Annuity account balances 123,681 129,468
Other liabilities 539,814 611,437
Total liabilities 663,495 740,905
Measured at fair value on a recurring basis | Level 3 | Fixed maturities
   
Assets:    
Available-for-sale securities 709,505 788,325
Trading securities 76,495 70,650
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 4 4
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 560,668 596,143
Trading securities 71,383 70,535
Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 4,275 4,275
Measured at fair value on a recurring basis | Level 3 | Other government-related securities
   
Assets:    
Available-for-sale securities 20,003 20,011
Measured at fair value on a recurring basis | Level 3 | Corporate bonds
   
Assets:    
Available-for-sale securities 124,555 167,892
Trading securities 5,112 115
Measured at fair value on a recurring basis | Total
   
Assets:    
Total fixed maturity securities 30,047,749 29,769,978
Equity securities 376,117 373,715
Other long-term investments 152,882 130,428
Short-term investments 160,301 216,787
Total investments 30,737,049 30,490,908
Cash 171,443 269,582
Assets related to separate accounts    
Variable annuity 10,670,833 9,601,417
Variable universal life 605,622 562,817
Total assets 42,184,947 40,924,724
Liabilities:    
Annuity account balances 123,681 129,468
Other liabilities 589,561 657,874
Total liabilities 713,242 787,342
Measured at fair value on a recurring basis | Total | Fixed maturities
   
Assets:    
Available-for-sale securities 27,079,561 26,762,670
Trading securities 2,968,188 3,007,308
Measured at fair value on a recurring basis | Total | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,717,910 1,839,330
Trading securities 354,522 357,803
Measured at fair value on a recurring basis | Total | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 916,155 869,823
Trading securities 176,986 171,073
Measured at fair value on a recurring basis | Total | Other asset-backed securities
   
Assets:    
Available-for-sale securities 946,561 975,013
Trading securities 162,422 157,930
Measured at fair value on a recurring basis | Total | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,207,052 1,168,446
Trading securities 296,736 305,873
Measured at fair value on a recurring basis | Total | States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 1,433,521 1,443,653
Trading securities 283,842 278,898
Measured at fair value on a recurring basis | Total | Other government-related securities
   
Assets:    
Available-for-sale securities 88,477 100,778
Trading securities 63,728 63,444
Measured at fair value on a recurring basis | Total | Corporate bonds
   
Assets:    
Available-for-sale securities 20,769,885 20,365,627
Trading securities $ 1,629,952 $ 1,672,287