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FAIR VALUE OF FINANCIAL INSTRUMENTS - Valuation of Level 3 Financial Instruments (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
usd_per_policy
Dec. 31, 2018
USD ($)
usd_per_policy
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability $ 1,547,178,000 $ 658,788,000
Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Financial instruments that are valued using broker quotes 76,800,000 39,700,000
Financial instruments with book value approximating fair value 73,000,000.0 63,400,000
Commercial mortgage-backed securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Fair value, assets 10,029,000  
Other asset-backed securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Fair value, assets 421,219,000 421,458,000
Financial instruments that are valued using broker quotes 65,400,000 26,200,000
Corporate securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Fair value, assets 1,373,714,000 631,068,000
Financial instruments that are valued using broker quotes 11,400,000 13,500,000
Embedded derivative - GLWB | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability 186,038,000 43,307,000
Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability 336,826,000 217,288,000
Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability $ 151,765,000 $ 90,231,000
Discounted cash flow | Commercial mortgage-backed securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.025  
Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input | usd_per_policy 195 145
Minimum | Discounted cash flow | Corporate securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0000 0.0084
Maximum | Discounted cash flow | Corporate securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0403 0.0300
Weighted Average | Discounted cash flow | Corporate securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0160 0.0184
Liquidation value | Minimum | Liquidation technique | Other asset-backed securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input, value $ 95.39 $ 85.75
Liquidation value | Maximum | Liquidation technique | Other asset-backed securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input, value 99.99 99.99
Liquidation value | Weighted Average | Liquidation technique | Other asset-backed securities | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input, value $ 97.95 $ 95.36
Liquidity premium | Minimum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0034 0.0002
Liquidity premium | Maximum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0228 0.0125
Liquidity premium | Weighted Average | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0144 0.0064
Paydown rate | Minimum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0899 0.1096
Paydown rate | Maximum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.1245 0.1311
Paydown rate | Weighted Average | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.1128 0.1203
Mortality | Minimum | Actuarial cash flow model | Embedded derivative - GLWB | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.87 0.87
Mortality | Minimum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.87 0.87
Mortality | Minimum | Actuarial cash flow model | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input   0.37
Mortality | Minimum | Actuarial cash flow model, vbt primary tables | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.37  
Mortality | Minimum | Actuarial cash flow model, vbt primary tables, duration scale | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.94  
Mortality | Maximum | Actuarial cash flow model | Embedded derivative - GLWB | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 1 1
Mortality | Maximum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 1 1
Mortality | Maximum | Actuarial cash flow model | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input   5.77
Mortality | Maximum | Actuarial cash flow model, vbt primary tables | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 1.56  
Mortality | Maximum | Actuarial cash flow model, vbt primary tables, duration scale | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 2.48  
Utilization | Actuarial cash flow model | Embedded derivative - GLWB | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.99 0.99
Policies with one time over utilization rate of specified amount as a percent 10.00% 10.00%
Specified one time over-utilization rate (as a percent) 400.00% 400.00%
Nonperformance risk | Minimum | Actuarial cash flow model | Embedded derivative - GLWB | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0012 0.0021
Nonperformance risk | Minimum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0012 0.0021
Nonperformance risk | Minimum | Actuarial cash flow model | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0021 0.0021
Nonperformance risk | Maximum | Actuarial cash flow model | Embedded derivative - GLWB | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0082 0.0116
Nonperformance risk | Maximum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0082 0.0116
Nonperformance risk | Maximum | Actuarial cash flow model | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0082 0.0116
Withdrawal rate prior to age 70 | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input   0.015
Withdrawal rate prior to age 70 | Minimum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.004  
Withdrawal rate prior to age 70 | Maximum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.012  
Withdrawal rate | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input   1
Lapse | Minimum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.005 0.010
Lapse | Minimum | Actuarial cash flow model | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.005 0.005
Lapse | Maximum | Actuarial cash flow model | Embedded derivative—FIA | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.500 0.300
Lapse | Maximum | Actuarial cash flow model | Embedded derivative—IUL | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.10 0.100