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Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Operations) (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:                      
Net investment income $ 363,947 $ 354,147 $ 336,143 $ 329,690 $ 321,160 $ 318,594 $ 320,259 $ 326,910 $ 1,383,927 $ 1,286,923 $ 1,218,780
Realized gain on investments 16,364 (2,077) 15,689 10,585 1,471 (1,238) (611) (6,076) 40,561 (6,454) (18,641)
Change in fair value of derivatives 444,985 193,028 64,040 373,962 (48,266) 161,090 (150,847) 259,161 1,076,015 221,138 (114,728)
Loss on extinguishment of debt (30,988) (938) (589) 0         (32,515) 0 0
Total revenues 837,294 580,263 447,570 745,565 304,698 524,173 208,640 614,845 2,610,692 1,652,356 1,246,536
Expenses:                      
Change in fair value of embedded derivatives                 133,968 286,899 (105,194)
Interest expense on notes payable                 38,870 28,479 31,633
Interest expense on subordinated debentures issued to subsidiary trusts                 12,088 13,458 13,977
Other operating costs and expenses                 91,915 95,495 67,559
Total benefits and expenses                 2,221,360 1,566,367 1,113,622
Income tax benefit                 136,049 28,191 46,666
Net income 50,958 56,181 120,113 26,031 36,397 (7,829) 18,759 10,471 253,283 57,798 86,248
Parent Company [Member]
                      
Revenues:                      
Net investment income                 130 565 298
Dividends from subsidiary trusts                 361 403 427
Investment advisory fees                 44,469 36,178 29,765
Surplus note interest from subsidiary                 4,080 4,080 4,080
Realized gain on investments                 0 0 18
Change in fair value of derivatives                 144,012 (7,472) (21,146)
Loss on extinguishment of debt                 (32,515) 0 0
Total revenues                 160,537 33,754 13,442
Expenses:                      
Change in fair value of embedded derivatives                 141,974 (2,488) (21,002)
Interest expense on notes payable                 38,870 28,479 31,633
Interest expense on subordinated debentures issued to subsidiary trusts                 12,088 13,458 13,977
Other operating costs and expenses                 8,163 8,228 7,307
Total benefits and expenses                 201,095 47,677 31,915
Loss before income taxes and equity in undistributed income of subsidiaries                 (40,558) (13,923) (18,473)
Income tax benefit                 (13,880) (5,944) (7,407)
Loss before equity in undistributed income of subsidiaries                 (26,678) (7,979) (11,066)
Equity in undistributed income of subsidiaries                 279,961 65,777 97,314
Net income                 $ 253,283 $ 57,798 $ 86,248