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OPERATING SEGMENTS (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
segment
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Segment Reporting [Abstract]                      
Number of former operating segments combined | segment                 2    
Number of operating segments | segment                 6    
Number of operating segments after combination | segment                 1    
Summarized financial information for the company's segments                      
Revenues $ 1,474,869 $ 1,633,227 $ 1,504,440 $ 1,684,886 $ 1,438,904 $ 1,666,026 $ 1,419,093 $ 1,364,805 $ 6,297,422 $ 5,888,828 $ 4,759,016
Pre-tax Adjusted Operating Income (Loss)                 360,347 434,846 368,121
Realized gains (losses) and adjustments                 53,177 248,602 (120,533)
Income before income tax 43,598 72,612 205,841 91,473 81,157 239,841 185,723 176,727 413,524 683,448 247,588
Income tax expense (benefit) 68 12,850 40,736 17,508 15,109 49,417 31,309 34,629 71,162 130,464 53,661
Net income 43,530 59,762 165,105 73,965 66,048 190,424 154,414 142,098 342,362 552,984 193,927
Adjusted operating income tax (expense) benefit                 (59,995) (78,257) (78,973)
After-tax adjusted operating income                 300,352 356,589 289,148
Income tax (expense) benefit on adjustments                 (11,167) (52,207) 25,312
Realized gains (losses) and adjustments:                      
Derivative financial instruments                 8,679 (131,459) 79,097
Realized investment gains (losses) - investments                 (39,806) 308,545 (253,000)
Less: related amortization                 (30,362) (23,021) (11,856)
Less: VA GLWB economic cost                 (53,942) (48,495) (41,514)
Net investment income 651,377 $ 738,171 $ 740,435 $ 752,980 752,503 $ 739,711 $ 685,194 $ 641,422 2,882,963 2,818,830 2,338,902
Amortization of deferred policy acquisition costs and value of business acquired                 208,472 175,653 226,066
Operating Segment Assets                      
Investments and other assets 121,667,369       115,549,177       121,667,369 115,549,177  
DAC and VOBA 3,419,684       3,519,555       3,419,684 3,519,555 3,026,330
Other intangibles 540,370       583,426       540,370 583,426  
Goodwill 825,511       825,511       825,511 825,511  
Total assets 126,452,934       120,477,669       126,452,934 120,477,669  
Retail Life and Annuity                      
Realized gains (losses) and adjustments:                      
Net investment income                 1,008,016 939,304 888,079
Amortization of deferred policy acquisition costs and value of business acquired                 116,021 98,947 141,191
Operating Segment Assets                      
DAC and VOBA 2,479,781       2,416,616       2,479,781 2,416,616 2,389,083
Acquisitions                      
Realized gains (losses) and adjustments:                      
Net investment income                 1,648,122 1,532,605 1,108,218
Amortization of deferred policy acquisition costs and value of business acquired                 23,445 10,693 18,690
Operating Segment Assets                      
DAC and VOBA 761,475       924,090       761,475 924,090 458,976
Stable Value Products                      
Realized gains (losses) and adjustments:                      
Net investment income                 230,217 243,775 217,778
Amortization of deferred policy acquisition costs and value of business acquired                 3,322 3,382 3,201
Operating Segment Assets                      
DAC and VOBA 8,336       5,221       8,336 5,221 6,121
Asset Protection                      
Realized gains (losses) and adjustments:                      
Net investment income                 23,379 28,291 25,070
Amortization of deferred policy acquisition costs and value of business acquired                 65,684 62,631 62,984
Operating Segment Assets                      
DAC and VOBA 170,092       173,628       170,092 173,628 172,150
Corporate and Other                      
Realized gains (losses) and adjustments:                      
Net investment income                 (26,771) 74,855 99,757
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                 6,297,422 5,888,828 4,759,016
Pre-tax Adjusted Operating Income (Loss)                 360,347 434,846 368,121
Operating | Retail Life and Annuity                      
Summarized financial information for the company's segments                      
Revenues                 2,567,305 2,318,472 2,045,971
Pre-tax Adjusted Operating Income (Loss)                 65,092 118,881 115,429
Operating Segment Assets                      
Investments and other assets 40,689,134       37,448,239       40,689,134 37,448,239  
DAC and VOBA 2,479,781       2,416,616       2,479,781 2,416,616  
Other intangibles 367,144       401,178       367,144 401,178  
Goodwill 558,501       558,501       558,501 558,501  
Total assets 44,094,560       40,824,534       44,094,560 40,824,534  
Operating | Acquisitions                      
Summarized financial information for the company's segments                      
Revenues                 3,283,725 2,901,650 2,027,195
Pre-tax Adjusted Operating Income (Loss)                 406,799 346,825 282,715
Operating Segment Assets                      
Investments and other assets 55,628,003       54,074,450       55,628,003 54,074,450  
DAC and VOBA 761,475       924,090       761,475 924,090  
Other intangibles 32,948       36,321       32,948 36,321  
Goodwill 23,862       23,862       23,862 23,862  
Total assets 56,446,288       55,058,723       56,446,288 55,058,723  
Operating | Stable Value Products                      
Summarized financial information for the company's segments                      
Revenues                 176,286 246,587 219,501
Pre-tax Adjusted Operating Income (Loss)                 89,610 93,183 102,328
Operating Segment Assets                      
Investments and other assets 5,927,866       5,317,885       5,927,866 5,317,885  
DAC and VOBA 8,336       5,221       8,336 5,221  
Other intangibles 6,056       6,722       6,056 6,722  
Goodwill 113,924       113,924       113,924 113,924  
Total assets 6,056,182       5,443,752       6,056,182 5,443,752  
Operating | Asset Protection                      
Summarized financial information for the company's segments                      
Revenues                 275,405 290,655 355,501
Pre-tax Adjusted Operating Income (Loss)                 41,845 37,205 24,371
Operating Segment Assets                      
Investments and other assets 880,738       878,386       880,738 878,386  
DAC and VOBA 170,092       173,628       170,092 173,628  
Other intangibles 101,349       112,032       101,349 112,032  
Goodwill 129,224       129,224       129,224 129,224  
Total assets 1,281,403       1,293,270       1,281,403 1,293,270  
Operating | Corporate and Other                      
Summarized financial information for the company's segments                      
Revenues                 (5,299) 131,464 110,848
Pre-tax Adjusted Operating Income (Loss)                 (242,999) (161,248) $ (156,722)
Operating Segment Assets                      
Investments and other assets 18,541,628       17,830,217       18,541,628 17,830,217  
DAC and VOBA 0       0       0 0  
Other intangibles 32,873       27,173       32,873 27,173  
Goodwill 0       0       0 0  
Total assets $ 18,574,501       $ 17,857,390       $ 18,574,501 $ 17,857,390