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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Successor    
Assets:    
Available-for-sale securities $ 33,736,825  
Total fixed maturity securities 35,507,098  
Equity securities 699,925  
Other long-term investments 323,570  
Short-term investments 263,837  
Assets related to separate accounts    
Variable annuity 12,829,188  
Variable universal life 827,610  
Successor | Fixed maturities    
Assets:    
Available-for-sale securities 32,843,049  
Trading securities 2,700,000  
Successor | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 1,765,273  
Successor | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities 1,285,864  
Successor | Other asset-backed securities    
Assets:    
Available-for-sale securities 797,051  
Successor | U.S. government-related securities    
Assets:    
Available-for-sale securities 1,532,177  
Successor | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 1,603,600  
Successor | Other government-related securities    
Assets:    
Available-for-sale securities 17,740  
Successor | Corporate securities    
Assets:    
Available-for-sale securities 25,778,657  
Successor | Preferred stock    
Assets:    
Available-for-sale securities 62,687  
Successor | Level 3 | Other asset-backed securities    
Assets:    
Total investments 587,031  
Successor | Level 3 | Corporate securities    
Assets:    
Total investments 875,810  
Successor | Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities 1,333,895  
Equity securities 620,358  
Other long-term investments 113,699  
Short-term investments 261,659  
Total investments 2,329,611  
Cash 212,358  
Assets related to separate accounts    
Variable annuity 12,829,188  
Variable universal life 827,610  
Total assets measured at fair value on a recurring basis 16,198,767  
Liabilities:    
Other liabilities 40,067  
Total liabilities measured at fair value on a recurring basis 40,067  
Successor | Measured at fair value on a recurring basis | Level 1 | Fixed maturities    
Assets:    
Available-for-sale securities 1,097,509  
Trading securities 236,386  
Successor | Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Available-for-sale securities 1,054,353  
Trading securities 233,592  
Successor | Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Available-for-sale securities 83  
Successor | Measured at fair value on a recurring basis | Level 1 | Preferred stock    
Assets:    
Available-for-sale securities 43,073  
Trading securities 2,794  
Successor | Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities 32,512,913  
Equity securities 13,063  
Other long-term investments 141,487  
Short-term investments 2,178  
Total investments 32,669,641  
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 32,669,641  
Liabilities:    
Other liabilities 106,310  
Total liabilities measured at fair value on a recurring basis 106,310  
Successor | Measured at fair value on a recurring basis | Level 2 | Fixed maturities    
Assets:    
Available-for-sale securities 30,256,387  
Trading securities 2,256,526  
Successor | Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 1,765,270  
Trading securities 286,658  
Successor | Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities 1,285,864  
Trading securities 146,743  
Successor | Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Available-for-sale securities 210,020  
Trading securities 122,511  
Successor | Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Available-for-sale securities 477,824  
Trading securities 4,755  
Successor | Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 1,603,600  
Trading securities 313,354  
Successor | Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Available-for-sale securities 17,740  
Trading securities 58,827  
Successor | Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Available-for-sale securities 24,876,455  
Trading securities 1,322,276  
Successor | Measured at fair value on a recurring basis | Level 2 | Preferred stock    
Assets:    
Available-for-sale securities 19,614  
Trading securities 1,402  
Successor | Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities 1,660,290  
Equity securities 66,504  
Other long-term investments 68,384  
Total investments 1,795,178  
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 1,795,178  
Liabilities:    
Annuity account balances 92,512  
Other liabilities 375,848  
Total liabilities measured at fair value on a recurring basis 468,360  
Successor | Measured at fair value on a recurring basis | Level 3 | Fixed maturities    
Assets:    
Available-for-sale securities 1,489,153  
Trading securities 171,137  
Successor | Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 3  
Successor | Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Available-for-sale securities 587,031  
Trading securities 152,912  
Successor | Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 0  
Successor | Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Available-for-sale securities 902,119  
Trading securities 18,225  
Predecessor    
Assets:    
Available-for-sale securities   $ 34,824,298
Total fixed maturity securities   36,756,240
Equity securities   756,790
Other long-term investments   270,701
Short-term investments   246,717
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Predecessor | Fixed maturities    
Assets:    
Available-for-sale securities   33,937,420
Trading securities   2,800,000
Predecessor | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   1,418,258
Predecessor | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities   1,177,252
Predecessor | Other asset-backed securities    
Assets:    
Available-for-sale securities   839,376
Predecessor | U.S. government-related securities    
Assets:    
Available-for-sale securities   1,428,895
Predecessor | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   1,687,689
Predecessor | Other government-related securities    
Assets:    
Available-for-sale securities   20,172
Predecessor | Corporate securities    
Assets:    
Available-for-sale securities   27,365,778
Predecessor | Level 3 | Other asset-backed securities    
Assets:    
Total investments   563,752
Predecessor | Level 3 | Corporate securities    
Assets:    
Total investments   1,282,864
Predecessor | Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities   1,410,883
Equity securities   590,832
Other long-term investments   119,997
Short-term investments   243,436
Total investments   2,365,148
Cash   268,286
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Total assets measured at fair value on a recurring basis   16,625,803
Liabilities:    
Other liabilities   62,146
Total liabilities measured at fair value on a recurring basis   62,146
Predecessor | Measured at fair value on a recurring basis | Level 1 | Fixed maturities    
Assets:    
Available-for-sale securities   1,165,320
Trading securities   245,563
Predecessor | Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Available-for-sale securities   1,165,188
Trading securities   245,563
Predecessor | Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Available-for-sale securities   132
Predecessor | Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities   33,257,830
Equity securities   99,267
Other long-term investments   106,079
Short-term investments   3,281
Total investments   33,466,457
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis   33,466,457
Liabilities:    
Other liabilities   61,046
Total liabilities measured at fair value on a recurring basis   61,046
Predecessor | Measured at fair value on a recurring basis | Level 2 | Fixed maturities    
Assets:    
Available-for-sale securities   30,878,778
Trading securities   2,379,052
Predecessor | Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   1,418,255
Trading securities   288,114
Predecessor | Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities   1,177,252
Trading securities   151,111
Predecessor | Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Available-for-sale securities   275,415
Trading securities   105,118
Predecessor | Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Available-for-sale securities   263,707
Trading securities   4,898
Predecessor | Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   1,684,014
Trading securities   325,446
Predecessor | Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Available-for-sale securities   20,172
Trading securities   57,032
Predecessor | Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Available-for-sale securities   26,039,963
Trading securities   1,447,333
Predecessor | Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities   2,087,527
Equity securities   66,691
Other long-term investments   44,625
Total investments   2,198,843
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis   2,198,843
Liabilities:    
Annuity account balances   97,825
Other liabilities   506,343
Total liabilities measured at fair value on a recurring basis   604,168
Predecessor | Measured at fair value on a recurring basis | Level 3 | Fixed maturities    
Assets:    
Available-for-sale securities   1,893,322
Trading securities   194,205
Predecessor | Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   3
Predecessor | Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Available-for-sale securities   563,961
Trading securities   169,461
Predecessor | Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   3,675
Predecessor | Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Available-for-sale securities   1,325,683
Trading securities   24,744
Fair Values | Successor | Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities 35,507,098  
Equity securities 699,925  
Other long-term investments 323,570  
Short-term investments 263,837  
Total investments 36,794,430  
Cash 212,358  
Assets related to separate accounts    
Variable annuity 12,829,188  
Variable universal life 827,610  
Total assets measured at fair value on a recurring basis 50,663,586  
Liabilities:    
Annuity account balances 92,512  
Other liabilities 522,225  
Total liabilities measured at fair value on a recurring basis 614,737  
Fair Values | Successor | Measured at fair value on a recurring basis | Fixed maturities    
Assets:    
Available-for-sale securities 32,843,049  
Trading securities 2,664,049  
Fair Values | Successor | Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 1,765,273  
Trading securities 286,658  
Fair Values | Successor | Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities 1,285,864  
Trading securities 146,743  
Fair Values | Successor | Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Available-for-sale securities 797,051  
Trading securities 275,423  
Fair Values | Successor | Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Available-for-sale securities 1,532,177  
Trading securities 238,347  
Fair Values | Successor | Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 1,603,600  
Trading securities 313,354  
Fair Values | Successor | Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Available-for-sale securities 17,740  
Trading securities 58,827  
Fair Values | Successor | Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Available-for-sale securities 25,778,657  
Trading securities 1,340,501  
Fair Values | Successor | Measured at fair value on a recurring basis | Preferred stock    
Assets:    
Available-for-sale securities 62,687  
Trading securities $ 4,196  
Fair Values | Predecessor | Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities   36,756,240
Equity securities   756,790
Other long-term investments   270,701
Short-term investments   246,717
Total investments   38,030,448
Cash   268,286
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Total assets measured at fair value on a recurring basis   52,291,103
Liabilities:    
Annuity account balances   97,825
Other liabilities   629,535
Total liabilities measured at fair value on a recurring basis   727,360
Fair Values | Predecessor | Measured at fair value on a recurring basis | Fixed maturities    
Assets:    
Available-for-sale securities   33,937,420
Trading securities   2,818,820
Fair Values | Predecessor | Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   1,418,258
Trading securities   288,114
Fair Values | Predecessor | Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities   1,177,252
Trading securities   151,111
Fair Values | Predecessor | Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Available-for-sale securities   839,376
Trading securities   274,579
Fair Values | Predecessor | Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Available-for-sale securities   1,428,895
Trading securities   250,461
Fair Values | Predecessor | Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   1,687,689
Trading securities   325,446
Fair Values | Predecessor | Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Available-for-sale securities   20,172
Trading securities   57,032
Fair Values | Predecessor | Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Available-for-sale securities   27,365,778
Trading securities   $ 1,472,077