XML 73 R66.htm IDEA: XBRL DOCUMENT v2.4.0.8
DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Oct. 31, 2012
item
Notional amount and fair value of the entity's derivative financial instruments        
Number of portfolio maintenance agreements       2
Realized investment gains (losses) - derivatives, gross $ (39,574,000) $ 3,607,000    
Notional Amount, Other long-term investments 6,244,676,000   5,685,338,000  
Fair Value, Other long-term investments 209,629,000   210,320,000  
Notional Amount, Other liabilities 6,776,212,000   6,196,027,000  
Fair Value, Other liabilities 488,174,000   455,161,000  
PLC
       
Notional amount and fair value of the entity's derivative financial instruments        
Number of portfolio maintenance agreements 2      
Derivatives not designated as hedging instruments
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross 17,479,000 (10,748,000)    
Realized investment gains (losses) - derivatives related to FIA contracts, gross 3,072,000      
Realized investment gains (losses) - derivatives, gross (39,574,000) 3,607,000    
Derivatives not designated as hedging instruments | Interest rate futures
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross 4,250,000 (16,484,000)    
Notional Amount, Other long-term investments 39,834,000      
Fair Value, Other long-term investments 131,000      
Notional Amount, Other liabilities 257,692,000   322,902,000  
Fair Value, Other liabilities 1,072,000   5,221,000  
Derivatives not designated as hedging instruments | Equity futures
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross (2,651,000) (23,225,000)    
Realized investment gains (losses) - derivatives related to FIA contracts, gross 345,000      
Notional Amount, Other long-term investments 78,458,000   3,387,000  
Fair Value, Other long-term investments 484,000   111,000  
Notional Amount, Other liabilities 70,047,000   164,595,000  
Fair Value, Other liabilities 700,000   6,595,000  
Derivatives not designated as hedging instruments | Currency futures
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross (1,278,000) 8,083,000    
Notional Amount, Other long-term investments 40,062,000   14,338,000  
Fair Value, Other long-term investments 208,000   321,000  
Notional Amount, Other liabilities 104,052,000   118,008,000  
Fair Value, Other liabilities 294,000   840,000  
Derivatives not designated as hedging instruments | Volatility futures
       
Notional amount and fair value of the entity's derivative financial instruments        
Positions held 0      
Derivatives not designated as hedging instruments | Variance swaps
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross (1,850,000) (10,433,000)    
Notional Amount, Other liabilities 1,000,000   1,500,000  
Fair Value, Other liabilities 2,959,000   1,744,000  
Derivatives not designated as hedging instruments | Equity options
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross (12,341,000) (28,406,000)    
Realized investment gains (losses) - derivatives related to FIA contracts, gross 994,000      
Notional Amount, Other long-term investments 1,877,846,000   1,376,205,000  
Fair Value, Other long-term investments 108,706,000   78,277,000  
Notional Amount, Other liabilities 399,765,000   257,065,000  
Fair Value, Other liabilities 22,489,000   17,558,000  
Derivatives not designated as hedging instruments | Interest rate swaptions
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross (9,403,000) (4,102,000)    
Notional Amount, Other long-term investments 625,000,000   625,000,000  
Fair Value, Other long-term investments 20,889,000   30,291,000  
Derivatives not designated as hedging instruments | Interest rate swaps
       
Notional amount and fair value of the entity's derivative financial instruments        
Positions held 0      
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross 57,368,000 (16,556,000)    
Realized investment gains (losses) - derivatives, gross   1,003,000    
Notional Amount, Other long-term investments 245,000,000   200,000,000  
Fair Value, Other long-term investments 3,104,000   1,961,000  
Notional Amount, Other liabilities 1,230,000,000   1,230,000,000  
Fair Value, Other liabilities 99,091,000   153,322,000  
Derivatives not designated as hedging instruments | Embedded derivative - GMWB
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross (27,315,000) 80,375,000    
Notional Amount, Other long-term investments 1,803,638,000   1,921,443,000  
Fair Value, Other long-term investments 72,604,000   95,376,000  
Notional Amount, Other liabilities 371,076,000   104,180,000  
Fair Value, Other liabilities 6,039,000   1,496,000  
Derivatives not designated as hedging instruments | Funds withheld derivative
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to variable annuity contracts, gross 10,699,000      
Notional Amount, Other liabilities 1,205,546,000   991,568,000  
Fair Value, Other liabilities 52,790,000   34,251,000  
Derivatives not designated as hedging instruments | Embedded derivative - Modco reinsurance treaties
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives, gross (60,169,000) 16,775,000    
Notional Amount, Other long-term investments 44,858,000   80,376,000  
Fair Value, Other long-term investments 1,011,000   1,517,000  
Notional Amount, Other liabilities 2,598,197,000   2,578,590,000  
Fair Value, Other liabilities 266,581,000   206,918,000  
Derivatives not designated as hedging instruments | Embedded derivative - FIA
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives related to FIA contracts, gross 1,733,000      
Notional Amount, Other liabilities 395,528,000   244,424,000  
Fair Value, Other liabilities 35,929,000   25,324,000  
Derivatives not designated as hedging instruments | Derivatives with PLC
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives, gross 105,000 (3,778,000)    
Notional Amount, Other long-term investments 1,449,673,000   1,464,164,000  
Fair Value, Other long-term investments 2,098,000   1,993,000  
Derivatives not designated as hedging instruments | Other derivatives
       
Notional amount and fair value of the entity's derivative financial instruments        
Realized investment gains (losses) - derivatives, gross (61,000) 355,000    
Notional Amount, Other long-term investments 425,000   425,000  
Fair Value, Other long-term investments 382,000   473,000  
Notional Amount, Other liabilities 226,000   230,000  
Fair Value, Other liabilities 31,000   27,000  
Derivatives not designated as hedging instruments | Volatility options
       
Notional amount and fair value of the entity's derivative financial instruments        
Positions held 0      
Derivatives not designated as hedging instruments | Interest rate caps
       
Notional amount and fair value of the entity's derivative financial instruments        
Positions held 0      
Cash flow hedges | Inflation
       
Notional amount and fair value of the entity's derivative financial instruments        
Notional Amount, Other long-term investments 39,882,000      
Fair Value, Other long-term investments 12,000      
Notional Amount, Other liabilities 143,083,000   182,965,000  
Fair Value, Other liabilities $ 199,000   $ 1,865,000