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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets:    
Available-for-sale securities $ 32,661,058 $ 27,214,682
Trading securities 2,800,000  
Total fixed maturity securities 34,797,757 29,769,978
Equity securities 602,388 373,715
Other long-term investments 210,320 130,428
Short-term investments 133,024 216,787
Assets related to separate accounts    
Variable annuity 12,791,438 9,601,417
Variable universal life 783,618 562,817
Liabilities:    
Other liabilities 455,161 657,874
Fixed maturities
   
Assets:    
Available-for-sale securities 31,999,267 26,762,670
Trading securities 2,800,000 3,000,000
Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,445,068 1,839,330
Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 970,656 869,823
Other asset-backed securities
   
Assets:    
Available-for-sale securities 871,983 975,013
U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,507,890 1,168,446
States, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,410,829 1,443,653
Other government-related securities
   
Assets:    
Available-for-sale securities 51,427 100,778
Corporate bonds
   
Assets:    
Available-for-sale securities 25,741,414 20,365,627
Measured at fair value on a recurring basis | Level 1
   
Assets:    
Total fixed maturity securities 1,402,580 1,214,899
Equity securities 483,482 273,072
Other long-term investments 56,469 23,639
Short-term investments 131,421 214,295
Total investments 2,073,952 1,725,905
Cash 345,579 269,582
Assets related to separate accounts    
Variable annuity 12,791,438 9,601,417
Variable universal life 783,618 562,817
Total assets measured at fair value on a recurring basis 15,994,587 12,159,721
Liabilities:    
Other liabilities 30,241 19,187
Total liabilities measured at fair value on a recurring basis 30,241 19,187
Measured at fair value on a recurring basis | Level 1 | Fixed maturities
   
Assets:    
Available-for-sale securities 1,211,248 910,195
Trading securities 191,332 304,704
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,211,141 909,988
Trading securities 191,332 304,704
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 31,071,550 27,696,104
Equity securities 50,927 35,116
Other long-term investments 54,965 58,134
Short-term investments 1,603 2,492
Total investments 31,179,045 27,791,846
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 31,179,045 27,791,846
Liabilities:    
Other liabilities 191,182 27,250
Total liabilities measured at fair value on a recurring basis 191,182 27,250
Measured at fair value on a recurring basis | Level 2 | Fixed maturities
   
Assets:    
Available-for-sale securities 28,688,568 25,064,150
Trading securities 2,382,982 2,631,954
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,445,040 1,839,326
Trading securities 310,877 357,803
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 970,656 869,823
Trading securities 158,570 171,073
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 326,175 378,870
Trading securities 93,278 87,395
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities
   
Assets:    
Available-for-sale securities 296,749 258,458
Trading securities 4,906 1,169
Measured at fair value on a recurring basis | Level 2 | States, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,407,154 1,439,378
Trading securities 260,892 278,898
Measured at fair value on a recurring basis | Level 2 | Other government-related securities
   
Assets:    
Available-for-sale securities 51,427 80,767
Trading securities 57,097 63,444
Measured at fair value on a recurring basis | Level 2 | Corporate bonds
   
Assets:    
Available-for-sale securities 24,191,367 20,197,528
Trading securities 1,497,362 1,672,172
Measured at fair value on a recurring basis | Level 3
   
Assets:    
Total fixed maturity securities 2,323,627 858,975
Equity securities 67,979 65,527
Other long-term investments 98,886 48,655
Total investments 2,490,492 973,157
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 2,490,492 973,157
Liabilities:    
Annuity account balances 107,000 129,468
Other liabilities 233,738 611,437
Total liabilities measured at fair value on a recurring basis 340,738 740,905
Measured at fair value on a recurring basis | Level 3 | Fixed maturities
   
Assets:    
Available-for-sale securities 2,099,451 788,325
Trading securities 224,176 70,650
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 28 4
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities
   
Assets:    
Available-for-sale securities 545,808 596,143
Trading securities 194,977 70,535
Measured at fair value on a recurring basis | Level 3 | States, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 3,675 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 1,549,940 167,892
Trading securities 29,199 115
Measured at fair value on a recurring basis | Total
   
Assets:    
Total fixed maturity securities 34,797,757 29,769,978
Equity securities 602,388 373,715
Other long-term investments 210,320 130,428
Short-term investments 133,024 216,787
Total investments 35,743,489 30,490,908
Cash 345,579 269,582
Assets related to separate accounts    
Variable annuity 12,791,438 9,601,417
Variable universal life 783,618 562,817
Total assets measured at fair value on a recurring basis 49,664,124 40,924,724
Liabilities:    
Annuity account balances 107,000 129,468
Other liabilities 455,161 657,874
Total liabilities measured at fair value on a recurring basis 562,161 787,342
Measured at fair value on a recurring basis | Total | Fixed maturities
   
Assets:    
Available-for-sale securities 31,999,267 26,762,670
Trading securities 2,798,490 3,007,308
Measured at fair value on a recurring basis | Total | Residential mortgage-backed securities
   
Assets:    
Available-for-sale securities 1,445,068 1,839,330
Trading securities 310,877 357,803
Measured at fair value on a recurring basis | Total | Commercial mortgage-backed securities
   
Assets:    
Available-for-sale securities 970,656 869,823
Trading securities 158,570 171,073
Measured at fair value on a recurring basis | Total | Other asset-backed securities
   
Assets:    
Available-for-sale securities 871,983 975,013
Trading securities 288,255 157,930
Measured at fair value on a recurring basis | Total | U.S. government-related securities
   
Assets:    
Available-for-sale securities 1,507,890 1,168,446
Trading securities 196,238 305,873
Measured at fair value on a recurring basis | Total | States, municipalities, and political subdivisions
   
Assets:    
Available-for-sale securities 1,410,829 1,443,653
Trading securities 260,892 278,898
Measured at fair value on a recurring basis | Total | Other government-related securities
   
Assets:    
Available-for-sale securities 51,427 100,778
Trading securities 57,097 63,444
Measured at fair value on a recurring basis | Total | Corporate bonds
   
Assets:    
Available-for-sale securities 25,741,414 20,365,627
Trading securities $ 1,526,561 $ 1,672,287