|
FAIR VALUE MEASUREMENTS (DETAILS 2) (USD $)
In Thousands, unless otherwise specified |
6 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2013
|
Dec. 31, 2012
|
Jun. 30, 2013
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
|
Jun. 30, 2013
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
|
Jun. 30, 2013
Minimum [Member]
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
|
Jun. 30, 2013
Minimum [Member]
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
|
Jun. 30, 2013
Maximum [Member]
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
|
Jun. 30, 2013
Maximum [Member]
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
|
Jun. 30, 2013
Weighted Average [Member]
Income Approach [Member]
Level 3 [Member]
ABS - CLO Debt [Member]
|
Jun. 30, 2013
Weighted Average [Member]
Income Approach [Member]
Level 3 [Member]
Other Investments - CLO-Equities [Member]
|
|
| Fair Value Inputs Assets Quantitative Information [Line Items] | ||||||||||
| Fixed maturities | $ 11,644,912 | $ 11,928,049 | $ 53,113 | |||||||
| Other investments | $ 962,315 | $ 843,437 | $ 53,044 | |||||||
| Credit spread | 3.20% | 4.90% | 3.74% | |||||||
| Illiquidity discount | 5.00% | 5.00% | ||||||||
| Default rates | 4.00% | 5.00% | 4.35% | |||||||
| Loss severity rate | 53.50% | 53.50% | ||||||||
| Collateral spreads | 2.60% | 4.20% | 3.24% | |||||||
| Estimated maturity dates (years) | 2 years | 5 years 146 days | 4 years 73 days | |||||||