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INVESTMENT OPERATIONS - Schedule of Investment Gains (Losses) for All Other Investments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net realized gains (losses) for all other investments      
Fixed maturities $ 47,711 $ 9,851 $ 12,783
Equity gains and losses 46,989 (49,275) (2,330)
Modco trading portfolio 247,331 (185,900) 119,206
Other investments 967 2,048 (8,572)
Realized gains (losses) - all other investments 342,998 (223,276) 121,087
Realized gains (losses) - derivatives (131,459) 79,097 (137,041)
Realized investment gains (losses) 211,539 (144,179) (15,954)
Net impairment losses recognized in earnings $ (34,453) $ (29,724) $ (9,112)