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OFFSETTING OF ASSETS AND LIABILITIES - Schedule of Derivative Instruments by Assets (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Derivative instruments by assets    
Fair value of non-cash collateral $ 30,400 $ 45,000
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 676,456 414,827
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 676,456 414,827
Derivative Asset, Not Offset, Policy Election Deduction 210,744 70,322
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 214,952 99,199
Net Amount 250,760 245,306
Free-Standing derivatives    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives 532,700 263,349
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 532,700 263,349
Derivative Asset, Not Subject to Master Netting Arrangement Deduction 210,744 70,322
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 214,952 99,199
Net Amount 107,004 93,828
Total derivatives, subject to a master netting arrangement or similar arrangement    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives 532,700 263,349
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 532,700 263,349
Derivative Asset, Not Subject to Master Netting Arrangement Deduction 210,744 70,322
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 214,952 99,199
Net Amount 107,004 93,828
Embedded derivative - Modco reinsurance treaties    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 13,738 7,072
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 13,738 7,072
Derivative Asset, Not Offset, Policy Election Deduction 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 13,738 7,072
Embedded derivative - GLWB    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 34,235 54,221
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 34,235 54,221
Derivative Asset, Not Offset, Policy Election Deduction 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 34,235 54,221
Derivatives with PLC    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 95,610 90,049
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 95,610 90,049
Derivative Asset, Not Offset, Policy Election Deduction 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 95,610 90,049
Other    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 173 136
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 173 136
Derivative Asset, Not Offset, Policy Election Deduction 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 173 136
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 143,756 151,478
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 143,756 151,478
Derivative Asset, Not Offset, Policy Election Deduction 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount $ 143,756 $ 151,478