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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Mar. 31, 2015
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Feb. 01, 2015
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired $ 4,817                        
Operating Segment Assets                          
Goodwill                         $ 735,700
Life Marketing                          
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 4,813                        
Acquisitions                          
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 5,033                        
Annuities                          
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired (6,999)                        
Stable Value Products                          
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 25                        
Asset Protection                          
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 1,858                        
Corporate and Other                          
Realized gain (losses) on derivatives                          
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 87                        
Successor                          
Summarized financial information for the company's segments                          
Revenues   $ 640,961 $ 976,457 $ 1,006,671 $ 862,953         $ 3,487,042      
Realized investment (losses) gains - investments                   (185,202)      
Realized investment (losses) gains - derivatives                   87,663      
Income tax expense   (8,116) (33,824) (42,542) 9,991         (74,491)      
Net income   16,420 75,274 113,579 (25,576)         179,697      
Realized gain (losses) on investments                          
Investment gains (losses)                   (193,928)      
Less: amortization related to DAC/VOBA and benefits and settlement expenses                   (8,726)      
Realized investment (losses) gains - investments                   (185,202)      
Realized gain (losses) on derivatives                          
Realized investment gains (losses) - derivatives, gross                   58,436      
Less: VA GMWB economic cost                   (29,227)      
Realized investment (losses) gains - derivatives                   87,663      
Net investment income   $ 272,211 438,894 $ 413,544 $ 408,147         1,532,796      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   95,064      
Other-than-temporary impairments                   26,993      
Operating Segment Assets                          
Investments and other assets     65,091,991             65,091,991      
Deferred policy acquisition costs and value of business acquired     1,562,373             1,562,373      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     645,131             645,131      
Goodwill 735,700   732,443             732,443      
Total assets     68,031,938             68,031,938      
Successor | Life Marketing                          
Summarized financial information for the company's segments                          
Revenues                   1,316,832      
Realized gain (losses) on derivatives                          
Net investment income                   446,518      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   107,811      
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired     1,119,515             1,119,515      
Successor | Acquisitions                          
Summarized financial information for the company's segments                          
Revenues                   1,333,430      
Realized gain (losses) on derivatives                          
Net investment income                   639,422      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   2,035      
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired     (178,662)             (178,662)      
Successor | Annuities                          
Summarized financial information for the company's segments                          
Revenues                   396,651      
Realized gain (losses) on derivatives                          
Net investment income                   296,839      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   (41,071)      
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired     578,742             578,742      
Successor | Stable Value Products                          
Summarized financial information for the company's segments                          
Revenues                   79,670      
Realized gain (losses) on derivatives                          
Net investment income                   78,459      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   43      
Operating Segment Assets                          
Investments and other assets     2,006,263             2,006,263      
Deferred policy acquisition costs and value of business acquired     2,357             2,357      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     9,389             9,389      
Goodwill     113,813             113,813      
Total assets     2,131,822             2,131,822      
Successor | Asset Protection                          
Summarized financial information for the company's segments                          
Revenues                   294,657      
Realized gain (losses) on derivatives                          
Net investment income                   14,042      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   26,219      
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired     40,421             40,421      
Successor | Corporate and Other                          
Summarized financial information for the company's segments                          
Revenues                   65,802      
Realized gain (losses) on derivatives                          
Net investment income                   57,516      
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired                   27      
Successor | Operating                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   351,727      
Successor | Operating | Life Marketing                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   54,864      
Operating Segment Assets                          
Investments and other assets     13,258,639             13,258,639      
Deferred policy acquisition costs and value of business acquired     1,119,515             1,119,515      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     319,623             319,623      
Goodwill     200,274             200,274      
Total assets     14,898,051             14,898,051      
Successor | Operating | Acquisitions                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   194,654      
Operating Segment Assets                          
Investments and other assets     19,879,988             19,879,988      
Deferred policy acquisition costs and value of business acquired     (178,662)             (178,662)      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     39,658             39,658      
Goodwill     14,524             14,524      
Total assets     19,755,508             19,755,508      
Successor | Operating | Annuities                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   146,828      
Operating Segment Assets                          
Investments and other assets     19,715,901             19,715,901      
Deferred policy acquisition costs and value of business acquired     578,742             578,742      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     196,780             196,780      
Goodwill     336,677             336,677      
Total assets     20,828,100             20,828,100      
Successor | Operating | Stable Value Products                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   56,581      
Successor | Operating | Asset Protection                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   17,632      
Operating Segment Assets                          
Investments and other assets     766,294             766,294      
Deferred policy acquisition costs and value of business acquired     40,421             40,421      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     79,681             79,681      
Goodwill     67,155             67,155      
Total assets     953,551             953,551      
Successor | Operating | Corporate and Other                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss)                   (118,832)      
Operating Segment Assets                          
Investments and other assets     9,464,906             9,464,906      
Deferred policy acquisition costs and value of business acquired     0             0      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     0             0      
Goodwill     0             0      
Total assets     9,464,906             9,464,906      
Successor | Adjustments                          
Operating Segment Assets                          
Investments and other assets     0             0      
Deferred policy acquisition costs and value of business acquired     0             0      
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)     0             0      
Goodwill     0             0      
Total assets     $ 0             $ 0      
Predecessor                          
Summarized financial information for the company's segments                          
Revenues 459,646         $ 1,118,912 $ 1,116,760 $ 1,139,186 $ 1,089,349   $ 4,464,207 $ 3,604,670  
Realized investment (losses) gains - investments 89,414                   151,035 (140,236)  
Realized investment (losses) gains - derivatives 24,433                   12,263 109,553  
Income tax expense (44,325)         (78,917) (62,287) (56,572) (49,062)   (246,838) (130,897)  
Net income 88,522         151,526 121,833 116,043 102,549   491,951 291,602  
Realized gain (losses) on investments                          
Investment gains (losses) 80,672                   198,027 (143,984)  
Less: amortization related to DAC/VOBA and benefits and settlement expenses (8,742)                   46,992 (3,748)  
Realized investment (losses) gains - investments 89,414                   151,035 (140,236)  
Realized gain (losses) on derivatives                          
Realized investment gains (losses) - derivatives, gross 22,031                   (13,492) 82,161  
Less: VA GMWB economic cost (2,402)                   (25,755) (27,392)  
Realized investment (losses) gains - derivatives 24,433                   12,263 109,553  
Net investment income 164,605         525,539 $ 532,861 $ 525,576 $ 514,037   2,098,013 1,836,188  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 4,817                   308,320 154,660  
Other-than-temporary impairments 481                   7,275 22,400  
Operating Segment Assets                          
Investments and other assets           66,759,495         66,759,495    
Deferred policy acquisition costs and value of business acquired           3,155,046         3,155,046 3,476,622  
Other intangibles, net of accumulated depreciation (2015 Successor - $37,869)           0         0    
Goodwill           77,577         77,577 80,675  
Total assets           69,992,118         69,992,118    
Predecessor | Life Marketing                          
Summarized financial information for the company's segments                          
Revenues 133,361                   1,421,795 1,324,409  
Realized gain (losses) on derivatives                          
Net investment income 47,622                   553,006 521,219  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 4,813                   175,807 25,774  
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired           1,973,156         1,973,156 2,071,470  
Predecessor | Acquisitions                          
Summarized financial information for the company's segments                          
Revenues 139,761                   1,720,179 1,186,579  
Realized gain (losses) on derivatives                          
Net investment income 71,088                   874,653 617,298  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 5,033                   60,031 72,762  
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired           600,482         600,482 799,255  
Goodwill           29,419         29,419 32,517  
Predecessor | Annuities                          
Summarized financial information for the company's segments                          
Revenues 130,918                   785,176 569,004  
Realized gain (losses) on derivatives                          
Net investment income 37,189                   465,849 468,329  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired (6,999)                   47,448 31,498  
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired           539,965         539,965 554,974  
Predecessor | Stable Value Products                          
Summarized financial information for the company's segments                          
Revenues 8,181                   127,708 122,974  
Realized gain (losses) on derivatives                          
Net investment income 6,888                   107,170 123,798  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 25                   380 398  
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired           621         621 1,001  
Predecessor | Asset Protection                          
Summarized financial information for the company's segments                          
Revenues 24,566                   305,396 296,782  
Realized gain (losses) on derivatives                          
Net investment income 1,540                   18,830 19,046  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 1,858                   24,169 23,603  
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired           40,503         40,503 49,276  
Goodwill           48,158         48,158 48,158  
Predecessor | Corporate and Other                          
Summarized financial information for the company's segments                          
Revenues 22,859                   103,953 104,922  
Realized gain (losses) on derivatives                          
Net investment income 278                   78,505 86,498  
Amortization of Deferred Policy Acquisitions Costs and Value of Businesses Acquired 87                   485 625  
Operating Segment Assets                          
Deferred policy acquisition costs and value of business acquired           319         319 646  
Predecessor | Operating                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) 19,000                   575,491 453,182  
Predecessor | Operating | Life Marketing                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) (2,271)                   116,875 106,812  
Operating Segment Assets                          
Investments and other assets           13,858,491         13,858,491    
Deferred policy acquisition costs and value of business acquired           1,973,156         1,973,156    
Goodwill           0         0    
Total assets           15,831,647         15,831,647    
Predecessor | Operating | Acquisitions                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) 20,134                   254,021 154,003  
Operating Segment Assets                          
Investments and other assets           19,858,284         19,858,284    
Deferred policy acquisition costs and value of business acquired           600,482         600,482    
Goodwill           29,419         29,419    
Total assets           20,488,185         20,488,185    
Predecessor | Operating | Annuities                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) 11,363                   204,015 166,278  
Operating Segment Assets                          
Investments and other assets           20,678,948         20,678,948    
Deferred policy acquisition costs and value of business acquired           539,965         539,965    
Goodwill           0         0    
Total assets           21,218,913         21,218,913    
Predecessor | Operating | Stable Value Products                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) 4,529                   73,354 80,561  
Operating Segment Assets                          
Investments and other assets           1,958,867         1,958,867    
Deferred policy acquisition costs and value of business acquired           621         621    
Goodwill           0         0    
Total assets           1,959,488         1,959,488    
Predecessor | Operating | Asset Protection                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) 1,907                   26,274 20,148  
Operating Segment Assets                          
Investments and other assets           832,887         832,887    
Deferred policy acquisition costs and value of business acquired           40,503         40,503    
Goodwill           48,158         48,158    
Total assets           921,548         921,548    
Predecessor | Operating | Corporate and Other                          
Summarized financial information for the company's segments                          
Segment Operating Income (Loss) $ (16,662)                   (99,048) $ (74,620)  
Operating Segment Assets                          
Investments and other assets           9,572,018         9,572,018    
Deferred policy acquisition costs and value of business acquired           319         319    
Goodwill           0         0    
Total assets           9,572,337         9,572,337    
Predecessor | Adjustments                          
Operating Segment Assets                          
Investments and other assets           0         0    
Deferred policy acquisition costs and value of business acquired           0         0    
Goodwill           0         0    
Total assets           $ 0         $ 0