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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Net premiums $ 2,035,156 $ 1,950,661 $ 4,014,849 $ 3,814,143
Investment income, net of related expenses 444,234 328,334 869,365 669,274
Investment related gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (9,803) (1,959) (10,005) (9,566)
Other-than-temporary impairments on fixed maturity securities transferred to (from) accumulated other comprehensive income (306) 162 (306) (7,059)
Other investment related gains (losses), net 58,352 25,598 152,925 83,946
Total investment related gains (losses), net 48,243 23,801 142,614 67,321
Other revenues 63,009 72,957 164,916 117,990
Total revenues 2,590,642 2,375,753 5,191,744 4,668,728
Benefits and Expenses:        
Claims and other policy benefits 2,030,574 1,625,446 3,719,484 3,205,595
Interest credited 118,345 66,697 243,828 154,739
Policy acquisition costs and other insurance expenses 370,505 335,939 727,862 643,573
Other operating expenses 113,408 105,541 232,909 215,639
Interest expense 29,918 23,360 58,404 46,682
Collateral finance facility expense 2,650 2,878 5,188 5,845
Total benefits and expenses 2,665,400 2,159,861 4,987,675 4,272,073
Income (loss) before income taxes (74,758) 215,892 204,069 396,655
Provision for income taxes (25,146) 74,781 68,146 132,226
Net income (loss) $ (49,612) $ 141,111 $ 135,923 $ 264,429
Earnings per share:        
Basic earnings per share $ (0.69) $ 1.91 $ 1.86 $ 3.59
Diluted earnings per share $ (0.69) $ 1.91 $ 1.85 $ 3.57
Dividends declared per share $ 0.24 $ 0.18 $ 0.48 $ 0.36