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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
Jun. 30, 2013
Dec. 31, 2012
Fixed Maturities - AFS    
Due less than one year, amortized cost $ 2,134,578 [1] $ 1,939,803 [1]
Due less than one year, fair value 2,146,455 [1] 1,952,250 [1]
Due after 1 through 5 years, amortized cost 8,323,556 [1] 8,521,090 [1]
Due after 1 through 5 years, fair value 8,536,843 [1] 8,877,512 [1]
Due after 5 through 10 years, amortized cost 5,281,728 [1] 4,701,391 [1]
Due after 5 through 10 years, fair value 5,342,151 [1] 5,065,158 [1]
Due after 10 years, amortized cost 2,433,723 [1] 2,427,680 [1]
Due after 10 years, fair value 2,544,447 [1] 2,790,996 [1]
Subtotal - amortized cost 18,173,585 [1] 17,589,964 [1]
Subtotal - fair value 18,569,896 [1] 18,685,916
Mortgage and asset backed securities - amortized cost 7,842,623 [1] 8,954,842 [1]
Mortgage and asset backed securities - fair value 7,885,207 [1] 9,161,004 [1]
Amortized cost of Fixed maturities 26,016,208 26,544,806
Fixed maturities, at fair value 26,455,103 27,846,920
Fixed maturities - HTM    
Due less than one year, amortized cost 51,818 [1] 36,515 [1]
Due less than one year, fair value 53,135 [1] 37,580 [1]
Due after 1 through 5 years, amortized cost 207,871 [1] 195,121 [1]
Due after 1 through 5 years, fair value 220,744 [1] 205,562 [1]
Due after 5 through 10 years, amortized cost 325,119 [1] 377,541 [1]
Due after 5 through 10 years, fair value 352,538 [1] 420,008 [1]
Due after 10 years, amortized cost 1,802,517 [1] 1,886,974 [1]
Due after 10 years, fair value 2,025,321 [1] 2,239,688 [1]
Subtotal - amortized cost 2,387,325 [1] 2,496,151 [1]
Subtotal - fair value 2,651,738 [1] 2,902,838 [1]
Mortgage and asset backed securities - amortized cost 299,669 [1] 318,296 [1]
Mortgage and asset backed securities - fair value 327,243 [1] 359,966 [1]
Fixed maturities, held to maturity 2,686,994 2,814,447
Fair value of held to maturity securities 2,978,981 3,262,804
RMBS - Agency
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 4,411,540 [1] 5,054,097 [1]
Mortgage and asset backed securities - fair value 4,446,725 [1] 5,255,493 [1]
Fixed maturities, at fair value 4,446,725 5,255,493
RMBS - Non-Agency
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 418,458 [1] 678,469 [1]
Mortgage and asset backed securities - fair value 406,402 [1] 647,733 [1]
Fixed maturities, at fair value 406,402 647,733
Fixed maturities - HTM    
Mortgage and asset backed securities - amortized cost 62,925 [1] 83,205 [1]
Mortgage and asset backed securities - fair value 67,749 [1] 93,707 [1]
Fixed maturities, held to maturity 62,925 83,205
Fair value of held to maturity securities 67,749 93,707
CMBS
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 1,093,641 [1] 1,010,794 [1]
Mortgage and asset backed securities - fair value 1,129,072 [1] 1,077,251 [1]
Fixed maturities, at fair value 1,129,072 1,077,251
Fixed maturities - HTM    
Mortgage and asset backed securities - amortized cost 136,193 [1] 12,751 [1]
Mortgage and asset backed securities - fair value 150,932 [1] 14,799 [1]
Fixed maturities, held to maturity 136,193 12,751
Fair value of held to maturity securities 150,932 14,799
CDO
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 753,601 [1] 784,999 [1]
Mortgage and asset backed securities - fair value 714,248 [1] 709,816 [1]
Fixed maturities, at fair value 714,248 709,816
Other asset-backed securities
   
Fixed Maturities - AFS    
Mortgage and asset backed securities - amortized cost 1,165,383 [1] 1,426,483 [1]
Mortgage and asset backed securities - fair value 1,188,760 [1] 1,470,711 [1]
Fixed maturities, at fair value 1,188,760 [2] 1,470,711 [2]
Fixed maturities - HTM    
Mortgage and asset backed securities - amortized cost 100,551 [1] 222,340 [1]
Mortgage and asset backed securities - fair value 108,562 [1] 251,460 [1]
Fixed maturities, held to maturity 100,551 [2] 222,340 [2]
Fair value of held to maturity securities $ 108,562 [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 $281.4 million and $308.5 million at June 30, 2013 and December 31, 2012, respectively. These securities are reflected in the table based on their call date and have net unrealized losses of $17.2 million and $19.1 million at June 30, 2013 and December 31, 2012, respectively.
[2] Covered Bonds within Fixed maturities - AFS with an amortized cost of $523.5 million and a fair value of $550.9 million and Covered Bonds within Fixed maturities - HTM with an amortized cost of $8.0 million and a fair value of $8.2 million are included within Other asset-backed securities to align the Company's classification to market indices.