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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Summarized financial information for the company's segments                      
Revenues $ 1,454,794 $ 1,681,993 $ 1,434,931 $ 1,380,351 $ 1,255,898 $ 1,269,963 $ 1,169,644 $ 1,063,511 $ 5,952,069 $ 4,759,016 $ 4,312,667
Pre-tax Adjusted Operating Income (Loss)                 434,846 368,121 409,424
Realized gains (losses) on investments and derivatives                 248,602 (120,533) 54,584
Income before income tax 81,157 239,841 185,723 176,727 69,588 95,170 60,894 21,936 683,448 247,588 464,008
Income tax expense (benefit) 15,109 49,417 31,309 34,629 24,728 16,646 8,626 3,661 130,464 53,661 (718,409)
Net income 66,048 190,424 154,414 142,098 44,860 78,524 52,268 18,275 552,984 193,927 1,182,417
Adjusted operating income tax (expense) benefit                 (78,257) (78,973) 737,513
After-tax adjusted operating income                 356,589 289,148 1,146,937
Income tax (expense) benefit on adjustments                 (52,207) 25,312 (19,104)
Realized investment gains (losses):                      
Derivative financial instruments                 (131,459) 79,097 (137,041)
Realized investment gains (losses) - investments                 342,998 (223,276) 121,087
Net impairment losses recognized in earnings (19,795) (10,818) (698) (3,142) (26,060) (14) (5) (3,645) (34,453) (29,724) (9,112)
Less: related amortization                 (23,021) (11,856) (39,480)
Less: VA GLWB economic cost                 (48,495) (41,514) (40,170)
Net investment income 752,503 $ 739,711 $ 685,194 $ 641,422 639,115 $ 631,955 $ 578,414 $ 489,418 2,818,830 2,338,902 1,923,056
Amortization of deferred policy acquisition costs and value of business acquired                 175,653 226,066 79,443
Operating Segment Assets                      
Investments and other assets 115,549,177       84,918,374       115,549,177 84,918,374  
DAC and VOBA 3,519,555       3,026,330       3,519,555 3,026,330 2,205,401
Other intangibles 583,426       612,854       583,426 612,854  
Goodwill 825,511       825,511       825,511 825,511  
Total assets 120,477,669       89,383,069       120,477,669 89,383,069  
Life Marketing                      
Realized investment gains (losses):                      
Net investment income                 571,654 552,697 550,714
Amortization of deferred policy acquisition costs and value of business acquired                 157,854 116,917 120,753
Operating Segment Assets                      
DAC and VOBA 1,486,699       1,499,386       1,486,699 1,499,386 1,320,776
Acquisitions                      
Realized investment gains (losses):                      
Net investment income                 1,532,605 1,108,218 752,520
Amortization of deferred policy acquisition costs and value of business acquired                 10,693 18,690 (6,939)
Operating Segment Assets                      
DAC and VOBA 924,090       458,976       924,090 458,976 74,862
Annuities                      
Realized investment gains (losses):                      
Net investment income                 367,650 335,382 316,582
Amortization of deferred policy acquisition costs and value of business acquired                 (58,907) 24,274 (54,471)
Operating Segment Assets                      
DAC and VOBA 929,917       889,697       929,917 889,697 772,633
Stable Value Products                      
Realized investment gains (losses):                      
Net investment income                 243,775 217,778 186,576
Amortization of deferred policy acquisition costs and value of business acquired                 3,382 3,201 2,354
Operating Segment Assets                      
DAC and VOBA 5,221       6,121       5,221 6,121 6,864
Asset Protection                      
Realized investment gains (losses):                      
Net investment income                 28,291 25,070 22,298
Amortization of deferred policy acquisition costs and value of business acquired                 62,631 62,984 17,746
Operating Segment Assets                      
DAC and VOBA 173,628       172,150       173,628 172,150 30,266
Corporate and Other                      
Realized investment gains (losses):                      
Net investment income                 74,855 99,757 94,366
Amortization of deferred policy acquisition costs and value of business acquired                 0 0 0
Operating Segment Assets                      
DAC and VOBA 0       0       0 0 0
Operating                      
Summarized financial information for the company's segments                      
Revenues                 5,952,069 4,759,016 4,312,667
Pre-tax Adjusted Operating Income (Loss)                 434,846 368,121 409,424
Operating | Life Marketing                      
Summarized financial information for the company's segments                      
Revenues                 1,694,618 1,567,857 1,556,207
Pre-tax Adjusted Operating Income (Loss)                 (26,697) (13,726) 55,152
Operating Segment Assets                      
Investments and other assets 16,013,892       14,607,822       16,013,892 14,607,822  
DAC and VOBA 1,486,699       1,499,386       1,486,699 1,499,386  
Other intangibles 243,210       262,181       243,210 262,181  
Goodwill 215,254       215,254       215,254 215,254  
Total assets 17,959,055       16,584,643       17,959,055 16,584,643  
Operating | Acquisitions                      
Summarized financial information for the company's segments                      
Revenues                 2,901,650 2,027,195 1,569,083
Pre-tax Adjusted Operating Income (Loss)                 346,825 282,715 249,749
Operating Segment Assets                      
Investments and other assets 54,074,450       31,859,520       54,074,450 31,859,520  
DAC and VOBA 924,090       458,977       924,090 458,977  
Other intangibles 36,321       31,975       36,321 31,975  
Goodwill 23,862       23,862       23,862 23,862  
Total assets 55,058,723       32,374,334       55,058,723 32,374,334  
Operating | Annuities                      
Summarized financial information for the company's segments                      
Revenues                 623,854 478,114 486,847
Pre-tax Adjusted Operating Income (Loss)                 145,578 129,155 171,269
Operating Segment Assets                      
Investments and other assets 21,434,347       20,160,279       21,434,347 20,160,279  
DAC and VOBA 929,917       889,697       929,917 889,697  
Other intangibles 157,968       156,785       157,968 156,785  
Goodwill 343,247       343,247       343,247 343,247  
Total assets 22,865,479       21,550,008       22,865,479 21,550,008  
Operating | Stable Value Products                      
Summarized financial information for the company's segments                      
Revenues                 246,587 219,501 190,006
Pre-tax Adjusted Operating Income (Loss)                 93,183 102,328 105,261
Operating Segment Assets                      
Investments and other assets 5,317,885       5,107,334       5,317,885 5,107,334  
DAC and VOBA 5,221       6,121       5,221 6,121  
Other intangibles 6,722       7,389       6,722 7,389  
Goodwill 113,924       113,924       113,924 113,924  
Total assets 5,443,752       5,234,768       5,443,752 5,234,768  
Operating | Asset Protection                      
Summarized financial information for the company's segments                      
Revenues                 353,896 355,501 370,449
Pre-tax Adjusted Operating Income (Loss)                 37,205 24,371 17,638
Operating Segment Assets                      
Investments and other assets 878,386       827,416       878,386 827,416  
DAC and VOBA 173,628       172,149       173,628 172,149  
Other intangibles 112,032       122,590       112,032 122,590  
Goodwill 129,224       129,224       129,224 129,224  
Total assets 1,293,270       1,251,379       1,293,270 1,251,379  
Operating | Corporate and Other                      
Summarized financial information for the company's segments                      
Revenues                 131,464 110,848 140,075
Pre-tax Adjusted Operating Income (Loss)                 (161,248) (156,722) $ (189,645)
Operating Segment Assets                      
Investments and other assets 17,830,217       12,356,003       17,830,217 12,356,003  
DAC and VOBA 0       0       0 0  
Other intangibles 27,173       31,934       27,173 31,934  
Goodwill 0       0       0 0  
Total assets $ 17,857,390       $ 12,387,937       $ 17,857,390 $ 12,387,937