CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Cash flows from operating activities
Net income	$ 73,878	$ 95,856
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized investment losses (gains)	5,223	13,022
Amortization of deferred policy acquisition costs and value of business acquired	50,039	53,687
Capitalization of deferred policy acquisition costs	(65,118)	(62,313)
Depreciation expense	2,156	2,196
Deferred income tax	33,172	(33,731)
Accrued income tax	74,240	78,547
Interest credited to universal life and investment products	223,468	243,608
Policy fees assessed on universal life and investment products	(222,969)	(188,790)
Change in reinsurance receivables	(31,690)	(27,335)
Change in accrued investment income and other receivables	(12,984)	(10,808)
Change in policy liabilities and other policyholders' funds of traditional life and health products	33,474	(12,116)
Trading securities:
Maturities and principal reductions of investments	54,121	98,457
Sale of investments	40,031	273,030
Cost of investments acquired	(65,419)	(371,030)
Other net change in trading securities	(11,225)	17,623
Change in other liabilities	(117,231)	(162,020)
Other income - gains on repurchase of non-recourse funding obligations	(1,250)	(29,344)
Other, net	(19,205)	40,731
Net cash provided by operating activities	42,711	19,270
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	229,316	314,710
Sale of investments, available-for-sale	677,202	715,302
Cost of investments acquired, available-for-sale	(1,434,760)	(1,202,034)
Change in investments, held-to-maturity	(15,000)
Mortgage loans:
New lendings	(42,919)	(79,726)
Repayments	156,924	117,107
Change in investment real estate, net	33	40
Change in policy loans, net	3,189	1,969
Change in other long-term investments, net	(43,117)	(85,604)
Change in short-term investments, net	61,068	(30,329)
Net unsettled security transactions	48,198	93,942
Purchase of property and equipment	(6,140)	(1,799)
Net cash used in investing activities	(366,006)	(156,422)
Cash flows from financing activities
Issuance (repayment) of non-recourse funding obligations	10,000	(91,700)
Repurchase program borrowings	150,000	221,569
Dividends paid to the parent company		(90,000)
Investment product deposits and change in universal life deposits	798,912	894,572
Investment product withdrawals	(733,756)	(895,493)
Other financing activities, net		(3,686)
Net cash provided by financing activities	225,156	35,262
Change in cash	(98,139)	(101,890)
Cash at beginning of period	269,582	169,775
Cash at end of period	$ 171,443	$ 67,885