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OFFSETTING OF ASSETS AND LIABILITIES - Schedule of Derivative Instruments by Assets (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Derivative instruments by assets    
Fair value of non-cash collateral $ 29,500 $ 21,300
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 1,407,774 995,493
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 1,407,774 995,493
Gross Amounts Not Offset in the statement of Financial Position, Financial Instruments, subject to master netting arrangement 537,340 452,562
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 391,941 215,587
Net Amount 478,493 327,344
Free-Standing derivatives    
Offsetting of Assets    
Gross Amounts of Recognized Assets, subject to master netting arrangement 1,087,780 785,650
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 1,087,780 785,650
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments, not subject to master netting arrangement 537,340 452,562
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 391,941 215,587
Net Amount 158,499 117,501
Total derivatives, subject to a master netting arrangement or similar arrangement    
Offsetting of Assets    
Gross Amounts of Recognized Assets, subject to master netting arrangement 1,087,780 785,650
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 1,087,780 785,650
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments, not subject to master netting arrangement 537,340 452,562
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 391,941 215,587
Net Amount 158,499 117,501
Embedded derivative - Modco reinsurance treaties    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 83,379 31,926
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 83,379 31,926
Gross Amounts Not Offset in the statement of Financial Position, Financial Instruments, subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 0 0
Net Amount 83,379 31,926
Embedded derivative - GLWB    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 48,091 62,538
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 48,091 62,538
Gross Amounts Not Offset in the statement of Financial Position, Financial Instruments, subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 0 0
Net Amount 48,091 62,538
Derivatives with PLC    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 133,486 115,379
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 133,486 115,379
Gross Amounts Not Offset in the statement of Financial Position, Financial Instruments, subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 0 0
Net Amount 133,486 115,379
Other    
Offsetting of Assets    
Gross Amounts of Recognized Assets, Derivatives Not Subject to a master netting arrangement 55,038 0
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 55,038 0
Gross Amounts Not Offset in the statement of Financial Position, Financial Instruments, subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 0 0
Net Amount 55,038 0
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 319,994 209,843
Gross Amounts Offset in the Balance Sheets 0 0
Net Amounts of Assets Presented in the Balance Sheets 319,994 209,843
Gross Amounts Not Offset in the statement of Financial Position, Financial Instruments, subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash collateral received 0 0
Net Amount $ 319,994 $ 209,843