CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities
Net income	$ 102,549	$ 73,878
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment losses (gains)	(30,981)	5,223
Amortization of deferred policy acquisition costs and value of business acquired	65,882	50,039
Capitalization of deferred policy acquisition costs	(59,764)	(65,118)
Depreciation expense	1,792	2,156
Deferred income tax	(9,161)	33,172
Accrued income tax	50,082	74,240
Interest credited to universal life and investment products	210,800	223,468
Policy fees assessed on universal life and investment products	(253,394)	(222,969)
Change in reinsurance receivables	(14,104)	(31,690)
Change in accrued investment income and other receivables	(24,820)	(12,984)
Change in policy liabilities and other policyholders' funds of traditional life and health products	15,963	33,474
Trading securities:
Maturities and principal reductions of investments	25,257	54,121
Sale of investments	47,457	40,031
Cost of investments acquired	(37,070)	(65,419)
Other net change in trading securities	(20,589)	(11,225)
Change in other liabilities	10,203	(117,231)
Other income - gains on repurchase of non-recourse funding obligations		(1,250)
Other, net	(61,934)	(19,205)
Net cash provided by operating activities	18,168	42,711
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	221,379	229,316
Sale of investments, available-for-sale	374,956	677,202
Cost of investments acquired, available-for-sale	(900,627)	(1,434,760)
Change in investments, held-to-maturity	(20,000)	(15,000)
Mortgage loans:
New lendings	(126,896)	(42,919)
Repayments	222,646	156,924
Change in investment real estate, net	49	33
Change in policy loans, net	22,634	3,189
Change in other long-term investments, net	(72,988)	(43,117)
Change in short-term investments, net	(41,467)	61,068
Net unsettled security transactions	45,145	48,198
Purchase of property and equipment	(3,072)	(6,140)
Net cash used in investing activities	(278,241)	(366,006)
Cash flows from financing activities
Issuance (repayment) of non-recourse funding obligations	19,989	10,000
Repurchase program borrowings	125,000	150,000
Dividends paid to the parent company	(75,000)
Investment product deposits and change in universal life deposits	696,229	798,912
Investment product withdrawals	(577,210)	(733,756)
Net cash provided by financing activities	189,008	225,156
Change in cash	(71,065)	(98,139)
Cash at beginning of period	345,579	269,582
Cash at end of period	$ 274,514	$ 171,443