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INVESTMENT OPERATIONS (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Investment operations                      
Investment income before other investment expenses                 $ 1,944,740,000 $ 1,889,779,000 $ 1,847,696,000
Other investment expenses                 108,552,000 100,441,000 94,252,000
Net investment income 515,340,000 434,772,000 447,064,000 439,012,000 460,784,000 446,374,000 438,648,000 443,532,000 1,836,188,000 1,789,338,000 1,753,444,000
Net realized gains (losses) for all other investments                      
Fixed maturities                 63,161,000 67,669,000 80,044,000
Equity securities                 3,276,000 (45,000) 9,136,000
Impairments on fixed maturity securities                 (19,100,000) (58,144,000) (47,321,000)
Impairments on equity securities                 (3,347,000)    
Modco trading portfolio                 (178,134,000) 177,986,000 164,224,000
Other investments                 (9,840,000) (12,774,000) (5,651,000)
Total realized gains (losses) - investments                 (143,984,000) 174,692,000 200,432,000
Gross realized gains on investments available-for-sale (fixed maturities, equity securities, and short-term investments)                 72,600,000 73,200,000 104,500,000
Gross realized losses                 27,900,000 60,300,000 62,000,000
Impairment losses on investments available-for-sale                 21,700,000 54,700,000 46,600,000
Fair value (proceeds) of securities in an unrealized gain position sold                 2,300,000,000 1,600,000,000 2,200,000,000
Gain realized on the sale of securities in an unrealized gain position                 72,600,000 73,200,000 104,500,000
Fair value (proceeds) of securities sold in an unrealized loss position                 398,200,000 38,000,000 263,100,000
Loss realized on the sale of securities in an unrealized loss position                 6,200,000 5,600,000 15,300,000
Fixed maturities
                     
Investment operations                      
Investment income before other investment expenses                 1,508,924,000 1,453,018,000 1,414,965,000
Equity securities
                     
Investment operations                      
Investment income before other investment expenses                 26,735,000 20,740,000 20,595,000
Mortgage loans
                     
Investment operations                      
Investment income before other investment expenses                 333,093,000 349,845,000 336,541,000
Investment real estate
                     
Investment operations                      
Investment income before other investment expenses                 3,555,000 3,289,000 3,458,000
Short-term investments
                     
Investment operations                      
Investment income before other investment expenses                 $ 72,433,000 $ 62,887,000 $ 72,137,000