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DERIVATIVE FINANCIAL INSTRUMENTS - Nature and Accounting Treatment of Derivative Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Derivative [Line Items]    
Other long-term investments, Fair Value $ 550,647 $ 629,537
Derivatives with PLC    
Derivative [Line Items]    
Other long-term investments, Fair Value 92,798 91,578
Embedded derivative - Modco reinsurance treaties    
Derivative [Line Items]    
Other long-term investments, Fair Value 1,551 1,009
Embedded derivative - GLWB    
Derivative [Line Items]    
Other long-term investments, Fair Value 76,245 67,879
Derivatives designated as hedging instrument | Cash flow hedges | Foreign currency swaps    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 117,178 117,178
Other long-term investments, Fair Value 10,352 6,016
Derivatives not designated as hedging instruments    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 13,588,099 12,361,869
Other long-term investments, Fair Value 550,647 629,537
Other liabilities. Notional Amount 13,924,872 12,710,731
Other liabilities, Fair Value 711,044 905,973
Derivatives not designated as hedging instruments | Interest rate swaps    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 1,015,000 1,265,000
Other long-term investments, Fair Value 19,195 55,411
Other liabilities. Notional Amount 1,097,500 597,500
Other liabilities, Fair Value 18,538 2,960
Derivatives not designated as hedging instruments | Total return swaps    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 455,589 190,938
Other long-term investments, Fair Value 12,419 135
Other liabilities. Notional Amount 0 243,388
Other liabilities, Fair Value 0 318
Derivatives not designated as hedging instruments | Derivatives with PLC    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 2,859,485 2,810,469
Other long-term investments, Fair Value 92,798 91,578
Derivatives not designated as hedging instruments | Embedded derivative - Modco reinsurance treaties    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 326,046 64,472
Other long-term investments, Fair Value 1,551 1,009
Other liabilities. Notional Amount 2,097,197 2,390,539
Other liabilities, Fair Value 76,145 215,247
Derivatives not designated as hedging instruments | Funds withheld derivative    
Derivative [Line Items]    
Other liabilities. Notional Amount 1,702,711 1,502,726
Other liabilities, Fair Value 67,688 61,729
Derivatives not designated as hedging instruments | Embedded derivative - GLWB    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 2,424,891 2,116,935
Other long-term investments, Fair Value 76,245 67,879
Other liabilities. Notional Amount 1,646,921 1,939,320
Other liabilities, Fair Value 59,128 83,427
Derivatives not designated as hedging instruments | Embedded derivative - FIA    
Derivative [Line Items]    
Other liabilities. Notional Amount 2,296,052 1,951,650
Other liabilities, Fair Value 238,569 218,676
Derivatives not designated as hedging instruments | Embedded derivative - IUL    
Derivative [Line Items]    
Other liabilities. Notional Amount 203,079 168,349
Other liabilities, Fair Value 83,166 80,212
Derivatives not designated as hedging instruments | Interest rate futures    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 352,736 1,071,870
Other long-term investments, Fair Value 6,037 3,178
Other liabilities. Notional Amount 914,621 230,404
Other liabilities, Fair Value 3,907 917
Derivatives not designated as hedging instruments | Equity futures    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 273,881 62,266
Other long-term investments, Fair Value 5,054 154
Other liabilities. Notional Amount 58,756 318,795
Other liabilities, Fair Value 1,199 2,593
Derivatives not designated as hedging instruments | Currency futures    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 204,542 1,117
Other long-term investments, Fair Value 2,680 2
Other liabilities. Notional Amount 0 255,248
Other liabilities, Fair Value 0 2,087
Derivatives not designated as hedging instruments | Equity options    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 5,558,594 4,436,467
Other long-term investments, Fair Value 324,123 403,961
Other liabilities. Notional Amount 3,908,035 3,112,812
Other liabilities, Fair Value 162,704 237,807
Derivatives not designated as hedging instruments | Interest rate swaptions    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 0 225,000
Other long-term investments, Fair Value 0 14
Derivatives not designated as hedging instruments | Other derivatives    
Derivative [Line Items]    
Other long-term investments, Notional Amounts 157 157
Other long-term investments, Fair Value $ 193 $ 200