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Investments - Contractual maturities of available for sale securities and held to maturity income securities (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Fixed Maturities - AFS    
Due less than one year, amortized cost $ 2,102,831 [1] $ 1,939,803 [1]
Due less than one year, fair value 2,118,337 [1] 1,952,250 [1]
Due after 1 through 5 years, amortized cost 8,096,248 [1] 8,521,090 [1]
Due after 1 through 5 years, fair value 8,425,698 [1] 8,877,512 [1]
Due after 5 through 10 years, amortized cost 5,136,565 [1] 4,701,391 [1]
Due after 5 through 10 years, fair value 5,459,235 [1] 5,065,158 [1]
Due after 10 years, amortized cost 2,468,528 [1] 2,427,680 [1]
Due after 10 years, fair value 2,766,729 [1] 2,790,996 [1]
Subtotal - amortized cost 17,804,172 [1] 17,589,964 [1]
Subtotal - fair value 18,769,999 [1] 18,685,916
Mortgage and asset backed securities - amortized cost 8,384,351 [1] 8,954,842 [1]
Mortgage and asset backed securities - fair value 8,579,186 [1] 9,161,004 [1]
Amortized cost of Fixed maturities 26,188,523 26,544,806
Fixed maturities, at fair value 27,349,185 27,846,920
Fixed maturities - HTM    
Due less than one year, amortized cost 27,480 [1] 36,515 [1]
Due less than one year, fair value 28,862 [1] 37,580 [1]
Due after 1 through 5 years, amortized cost 176,470 [1] 195,121 [1]
Due after 1 through 5 years, fair value 186,992 [1] 205,562 [1]
Due after 5 through 10 years, amortized cost 369,716 [1] 377,541 [1]
Due after 5 through 10 years, fair value 415,524 [1] 420,008 [1]
Due after 10 years, amortized cost 1,789,892 [1] 1,886,974 [1]
Due after 10 years, fair value 2,113,183 [1] 2,239,688 [1]
Subtotal - amortized cost 2,363,558 [1] 2,496,151 [1]
Subtotal - fair value 2,744,561 [1] 2,902,838 [1]
Mortgage and asset backed securities - amortized cost 298,263 [1] 318,296 [1]
Mortgage and asset backed securities - fair value 341,817 [1] 359,966 [1]
Fixed maturities, held to maturity 2,661,821 2,814,447
Fair value of held to maturity securities 3,086,378 3,262,804
RMBS - Agency
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 4,684,803 [1] 5,054,097 [1]
Mortgage and asset backed securities - fair value 4,840,708 [1] 5,255,493 [1]
Fixed maturities, at fair value 4,840,708 5,255,493
RMBS - Non-Agency
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 600,120 [1] 678,469 [1]
Mortgage and asset backed securities - fair value 593,391 [1] 647,733 [1]
Fixed maturities, at fair value 593,391 647,733
Fixed maturities - HTM    
Mortgage and asset backed securities - amortized cost 62,604 [1] 83,205 [1]
Mortgage and asset backed securities - fair value 70,675 [1] 93,707 [1]
Fixed maturities, held to maturity 62,604 83,205
Fair value of held to maturity securities 70,675 93,707
CMBS
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 1,094,389 [1] 1,010,794 [1]
Mortgage and asset backed securities - fair value 1,153,341 [1] 1,077,251 [1]
Fixed maturities, at fair value 1,153,341 1,077,251
Fixed maturities - HTM    
Mortgage and asset backed securities - amortized cost 135,505 [1] 12,751 [1]
Mortgage and asset backed securities - fair value 158,218 [1] 14,799 [1]
Fixed maturities, held to maturity 135,505 12,751
Fair value of held to maturity securities 158,218 14,799
CDO
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 764,942 [1] 784,999 [1]
Mortgage and asset backed securities - fair value 711,067 [1] 709,816 [1]
Fixed maturities, at fair value 711,067 709,816
Other asset-backed securities
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 1,240,097 [1] 1,426,483 [1]
Mortgage and asset backed securities - fair value 1,280,679 [1] 1,470,711 [1]
Fixed maturities, at fair value 1,280,679 [2] 1,470,711 [2]
Fixed maturities - HTM    
Mortgage and asset backed securities - amortized cost 100,154 [1] 222,340 [1]
Mortgage and asset backed securities - fair value 112,924 [1] 251,460 [1]
Fixed maturities, held to maturity 100,154 [2] 222,340 [2]
Fair value of held to maturity securities $ 112,924 [2] $ 251,460 [2]
[1] Included in the table above are Tier One and Upper Tier Two securities, representing committed term debt and hybrid instruments, which are senior to the common and preferred equities of the financial institutions, at their fair value of $283.5 million and $308.5 million at March 31, 2013 and December 31, 2012, respectively. These securities are reflected in the table based on their call date and have net unrealized losses of $12.1 million and $19.1 million at March 31, 2013 and December 31, 2012, respectively.
[2] Covered Bonds within Fixed maturities - AFS with an amortized cost of $485.5 million and a fair value of $521.0 million and Covered Bonds within Fixed maturities - HTM with an amortized cost of $7.9 million and a fair value of $8.1 million are included within Other asset-backed securities to align the Company's classification to market indices.