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OFFSETTING OF ASSETS AND LIABILITIES - Schedule of Derivative Instruments by Assets (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Derivative instruments by assets    
Fair value of non-cash collateral $ 34,400 $ 45,000
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 823,514 414,827
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 823,514 414,827
Derivative Asset, Not Offset, Policy Election Deduction 263,245 70,322
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 255,776 99,199
Net Amount 304,493 245,306
Free-Standing derivatives    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives 630,474 263,349
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 630,474 263,349
Derivative Asset, Not Subject to Master Netting Arrangement Deduction 263,245 70,322
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 255,776 99,199
Net Amount 111,453 93,828
Total derivatives, subject to a master netting arrangement or similar arrangement    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives 630,474 263,349
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 630,474 263,349
Derivative Asset, Not Subject to Master Netting Arrangement Deduction 263,245 70,322
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 255,776 99,199
Net Amount 111,453 93,828
Embedded derivative - Modco reinsurance treaties    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 30,600 7,072
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 30,600 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 30,600 7,072
Embedded derivative - GLWB    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 59,248 54,221
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 59,248 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 59,248 54,221
Derivatives with PLC    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 103,192 90,049
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 103,192 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 103,192 90,049
Other    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 0 136
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 0 136
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 0 136
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 193,040 151,478
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 193,040 151,478
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 $ 193,040 $ 151,478