CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS (Tables)

12 Months Ended

Dec. 31, 2013

CERTAIN NONTRADITIONAL LONG-DURATION CONTRACTS

Schedule of activity relating to GMDB reserves (excluding those 100% reinsured under the Modco agreement)

	For The Year Ended December 31,
	2013			2012		2011
	(Dollars In Thousands)
Beginning balance	$	19,606		$	9,798	$	6,412
Incurred guarantee benefits	(3,133		)	14,087		7,171
Less: Paid guarantee benefits	2,865			4,279		3,785
Ending balance	$	13,608		$	19,606	$	9,798

Schedule of account balances of variable annuities with guarantees invested in variable annuity separate accounts

	As of December 31,
	2013		2012
	(Dollars In Thousands)
Equity mutual funds	$	7,984,198	$	6,171,196
Fixed income mutual funds	4,606,093		3,381,581
Total	$	12,590,291	$	9,552,777

Schedule of activity in the Company's deferred sales inducement asset

	For The Year Ended December 31,
	2013			2012			2011
	(Dollars In Thousands)
Deferred asset, beginning of period	$	143,949		$	125,527		$	112,147
Amounts deferred	15,274			23,362			29,472
Amortization	(12,572		)	(4,940		)	(16,092		)
Deferred asset, end of period	$	146,651		$	143,949		$	125,527