Consolidated Statement of Operations (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
REVENUES
Premiums	$ 13,891	$ 20,077	$ 27,097	$ 31,260
Policy charges and fee income	486,876	346,174	950,301	671,986
Net investment income	105,032	105,322	207,540	207,179
Asset management fees	78,964	67,076	161,327	129,913
Other income	11,176	14,386	(6,707)	29,245
Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities	(2,424)	(9,832)	(7,277)	(15,747)
Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income	2,212	6,115	5,668	11,464
Other realized investment gains (losses), net	(39,413)	11,885	8,698	(6,023)
Total realized investment gains (losses), net	(39,625)	8,168	7,089	(10,306)
TOTAL REVENUES	656,314	561,203	1,346,647	1,059,277
BENEFITS AND EXPENSES
Policyholders' benefits	64,890	89,076	127,296	105,954
Interest credited to policyholders' account balances	26,448	209,197	53,416	159,719
Amortization of deferred policy acquisition costs	(78,758)	552,931	(158,600)	240,262
General, administrative and other expenses	217,321	202,893	443,233	407,425
TOTAL BENEFITS AND EXPENSES	229,901	1,054,097	465,345	913,360
INCOME FROM OPERATIONS BEFORE INCOME TAXES	426,413	(492,894)	881,302	145,917
Income Tax Expense (Benefit) [Abstract]
Total income tax expense (benefit) on continuing operations	114,416	(139,531)	222,250	37,976
NET INCOME	311,997	(353,363)	659,052	107,941
Other Comprehensive Income (Loss), before Tax [Abstract]
Foreign Currency Translation Adjustments	69	(438)	(138)	(220)
Unrealized Investment gains (losses) for the period	(235,553)	56,963	(240,516)	52,082
Reclassification adjustment for (gains) losses included in net income	(4,451)	(2,747)	(35,509)	(2,835)
Net Unrealized investment gains (losses)	(240,004)	54,216	(276,025)	49,247
Other Comprehensive income (loss), before tax	(239,935)	53,778	(276,163)	49,027
Other Comprehensive Income (Loss), Tax [Abstract]
Foreign Currency translation adjustments, taxes	25	(153)	(48)	(77)
Net unrealized invesment gains, taxes	(84,002)	18,975	(96,608)	17,412
Other comprehensive income, tax expense (benefit)	(83,977)	18,822	(96,656)	17,335
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other Comprehensive Income (Loss), Net of Tax	(155,958)	34,956	(179,507)	31,692
COMPREHENSIVE INCOME	$ 156,039	$ (318,407)	$ 479,545	$ 139,633