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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets:    
Available-for-sale securities $ 26,030,303 $ 27,214,682
Trading securities 2,900,000  
Total fixed maturity securities 28,304,610 29,769,978
Equity securities 420,505 373,715
Other long-term investments 196,172 130,428
Short-term investments 215,116 216,787
Assets related to separate accounts    
Variable annuity 11,921,925 9,601,417
Variable universal life 663,380 562,817
Liabilities:    
Other liabilities 427,470 657,874
Fixed maturities
   
Assets:    
Available-for-sale securities 25,521,831 26,762,670
Trading securities 2,800,000 3,000,000
Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,464,027 1,839,330
Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 911,607 869,823
Other asset-backed securities
   
Assets:    
Available-for-sale securities 877,164 975,013
U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,213,436 1,168,446
States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 1,300,321 1,443,653
Other government-related securities
   
Assets:    
Available-for-sale securities 41,128 100,778
Corporate bonds
   
Assets:    
Available-for-sale securities 19,714,148 20,365,627
Measured at fair value on a recurring basis | Level 1
   
Assets:    
Total fixed maturity securities 1,262,408 1,214,899
Equity securities 311,637 273,072
Other long-term investments 58,567 23,639
Short-term investments 212,816 214,295
Total investments 1,845,428 1,725,905
Cash 229,747 269,582
Assets related to separate accounts    
Variable annuity 11,921,925 9,601,417
Variable universal life 663,380 562,817
Total assets 14,660,480 12,159,721
Liabilities:    
Other liabilities 11,304 19,187
Total liabilities 11,304 19,187
Measured at fair value on a recurring basis | Level 1 | Fixed maturities
   
Assets:    
Available-for-sale securities 1,063,691 910,195
Trading securities 198,717 304,704
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,063,584 909,988
Trading securities 198,717 304,704
Measured at fair value on a recurring basis | Level 1 | Corporate bonds
   
Assets:    
Available-for-sale securities 107 207
Measured at fair value on a recurring basis | Level 2
   
Assets:    
Total fixed maturity securities 26,125,571 27,696,104
Equity securities 43,341 35,116
Other long-term investments 54,600 58,134
Short-term investments 2,300 2,492
Total investments 26,225,812 27,791,846
Assets related to separate accounts    
Total assets 26,225,812 27,791,846
Liabilities:    
Other liabilities 185,443 27,250
Total liabilities 185,443 27,250
Measured at fair value on a recurring basis | Level 2 | Fixed maturities
   
Assets:    
Available-for-sale securities 23,717,568 25,064,150
Trading securities 2,408,003 2,631,954
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,463,989 1,839,326
Trading securities 308,356 357,803
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 911,607 869,823
Trading securities 169,046 171,073
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 328,393 378,870
Trading securities 90,726 87,395
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 149,852 258,458
Trading securities 5,147 1,169
Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 1,296,046 1,439,378
Trading securities 262,036 278,898
Measured at fair value on a recurring basis | Level 2 | Other government-related securities
   
Assets:    
Available-for-sale securities 41,128 80,767
Trading securities 57,525 63,444
Measured at fair value on a recurring basis | Level 2 | Corporate bonds
   
Assets:    
Available-for-sale securities 19,526,553 20,197,528
Trading securities 1,515,167 1,672,172
Measured at fair value on a recurring basis | Level 3
   
Assets:    
Total fixed maturity securities 916,631 858,975
Equity securities 65,527 65,527
Other long-term investments 83,005 48,655
Total investments 1,065,163 973,157
Assets related to separate accounts    
Total assets 1,065,163 973,157
Liabilities:    
Annuity account balances 110,590 129,468
Other liabilities 230,723 611,437
Total liabilities 341,313 740,905
Measured at fair value on a recurring basis | Level 3 | Fixed maturities
   
Assets:    
Available-for-sale securities 740,572 788,325
Trading securities 176,059 70,650
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 38 4
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 548,771 596,143
Trading securities 170,967 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   20,011
Measured at fair value on a recurring basis | Level 3 | Corporate bonds
   
Assets:    
Available-for-sale securities 187,488 167,892
Trading securities 5,092 115
Measured at fair value on a recurring basis | Total
   
Assets:    
Total fixed maturity securities 28,304,610 29,769,978
Equity securities 420,505 373,715
Other long-term investments 196,172 130,428
Short-term investments 215,116 216,787
Total investments 29,136,403 30,490,908
Cash 229,747 269,582
Assets related to separate accounts    
Variable annuity 11,921,925 9,601,417
Variable universal life 663,380 562,817
Total assets 41,951,455 40,924,724
Liabilities:    
Annuity account balances 110,590 129,468
Other liabilities 427,470 657,874
Total liabilities 538,060 787,342
Measured at fair value on a recurring basis | Total | Fixed maturities
   
Assets:    
Available-for-sale securities 25,521,831 26,762,670
Trading securities 2,782,779 3,007,308
Measured at fair value on a recurring basis | Total | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,464,027 1,839,330
Trading securities 308,356 357,803
Measured at fair value on a recurring basis | Total | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 911,607 869,823
Trading securities 169,046 171,073
Measured at fair value on a recurring basis | Total | Other asset-backed securities
   
Assets:    
Available-for-sale securities 877,164 975,013
Trading securities 261,693 157,930
Measured at fair value on a recurring basis | Total | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,213,436 1,168,446
Trading securities 203,864 305,873
Measured at fair value on a recurring basis | Total | States, municipals, and political subdivisions
   
Assets:    
Available-for-sale securities 1,300,321 1,443,653
Trading securities 262,036 278,898
Measured at fair value on a recurring basis | Total | Other government-related securities
   
Assets:    
Available-for-sale securities 41,128 100,778
Trading securities 57,525 63,444
Measured at fair value on a recurring basis | Total | Corporate bonds
   
Assets:    
Available-for-sale securities 19,714,148 20,365,627
Trading securities $ 1,520,259 $ 1,672,287