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Statement of Operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Premiums $ 6,053 $ 5,502 $ 21,161 $ 16,569
Policy charges and fee income 204,078 197,284 604,439 598,714
Net investment income 51,321 71,371 168,794 214,441
Asset management fees and other income 57,556 66,618 180,224 200,593
Realized investment gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities 0 (2,377) 0 (5,508)
Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income 0 2,306 0 5,285
Other realized investment gains (losses), net (68,980) (60,569) (150,491) (61,340)
Total realized investment gains (losses), net (68,980) (60,640) (150,491) (61,563)
TOTAL REVENUES 250,028 280,135 824,127 968,754
BENEFITS AND EXPENSES        
Policyholders' benefits (23,602) 78,152 22,701 110,354
Interest credited to policyholders' account balances (127,889) (73,384) (113,113) 66,411
Amortization of deferred policy acquisition costs (278,452) (229,687) (350,066) (119,840)
General, administrative and other expenses 97,420 93,052 297,864 309,829
TOTAL BENEFITS AND EXPENSES (332,523) (131,867) (142,614) 366,754
INCOME FROM OPERATIONS BEFORE INCOME TAXES 582,551 412,002 966,741 602,000
IncomeTaxExpenseBenefitAbstract        
Income tax expense (benefit) 182,255 102,255 275,387 157,053
NET INCOME 400,296 309,747 691,354 444,947
Other Comprehensive Income (Loss), before Tax [Abstract]        
Foreign currency translation adjustments 15 20 0   
Unrealized investment gains (losses) for the period 356 30,002 (92,502) 25,159
Reclassification adjustment for (gains) losses included in net income (3,909) (2,756) (11,718) (16,613)
Net unrealized investment gains (losses) (3,553) 27,246 (104,220) 8,546
Other comprehensive income (loss), before tax (3,538) 27,266 (104,220) 8,546
Other Comprehensive Income (Loss), Tax [Abstract]        
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax 5 7 0   
Other Comprehensive Income Loss Available For Sale Securities Tax (1,244) 9,536 (36,477) 2,998
Other Comprehensive Income (Loss), Tax, Total (1,239) 9,543 (36,477) 2,998
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Other comprehensive income (loss) (2,299) 17,723 (67,743) 5,548
COMPREHENSIVE INCOME $ 397,997 $ 327,470 $ 623,611 $ 450,495