ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2013

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Summary of changes in the accumulated balances for each component of accumulated other comprehensive income (loss)

Changes in Accumulated Other Comprehensive Income (Loss) by Component

							Total
							Accumulated
	Unrealized			Accumulated			Other
	Gains and Losses			Gain and Loss			Comprehensive
	on Investments			Derivatives			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Beginning Balance, December 31, 2012	$	1,814,620		$	(3,496	)	$	1,811,124
Other comprehensive income (loss) before reclassifications	(921,427		)	(117		)	(921,544		)
Other comprehensive income relating to other- than-temporary impaired investments for which a portion has been recognized in earnings	5,435			—			5,435
Amounts reclassified from accumulated other comprehensive income (loss)(1)	(16,493		)	700			(15,793		)
Net current-period other comprehensive income (loss)	(932,485		)	583			(931,902		)
Ending Balance, June 30, 2013	$	882,135		$	(2,913	)	$	879,222

(1) See Reclassification table below for details.

Schedule of reclassifications amounts out of AOCI

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Accumulated Other Comprehensive Income (Loss) Components
For The Three Months Ended June 30, 2013
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(580	)	Benefits and settlement expenses, net of reinsurance ceded
	(580		)	Total before tax
	203			Tax (expense) or benefit
	$	(377	)	Net of tax
Unrealized gains and losses on available-for-sale securities
Net investment gains/(losses)	$	21,658		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(4,000		)	Net impairment losses recognized in earnings
	17,658			Total before tax
	(6,180		)	Tax (expense) or benefit
	$	11,478		Net of tax

(1) See Note 14, Derivative Financial Instruments, for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Accumulated Other Comprehensive Income (Loss) Components
For The Six Months Ended June 30, 2013
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(1,077	)	Benefits and settlement expenses, net of reinsurance ceded
	(1,077		)	Total before tax
	377			Tax (expense) or benefit
	$	(700	)	Net of tax
Unrealized gains and losses on available-for-sale securities
Net investment gains/(losses)	$	33,957		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(8,584		)	Net impairment losses recognized in earnings
	25,373			Total before tax
	(8,880		)	Tax (expense) or benefit
	$	16,493		Net of tax

(1) See Note 14, Derivative Financial Instruments, for additional information.