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SIGNIFICANT TRANSACTIONS - Additional Information (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Oct. 30, 2020
Oct. 01, 2020
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Jun. 03, 2019
Business Combination Segment Allocation [Line Items]                            
Reduction in non-recourse funding obligations     $ (2,197)       $ (3,082,753)       $ (2,197) $ (3,082,753)    
Reduction in income before taxes     (43,598) $ (72,612) $ (205,841) $ (91,473) (81,157) $ (239,841) $ (185,723) $ (176,727) (413,524) (683,448) $ (247,588)  
Reduction to 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)  
Decrease in other ceded operating expenses                     (774,889) (773,665) (774,110)  
Fixed maturities, held-to-maturity             2,823,881         2,823,881    
Excess of loss reinsurance asset, amount backing economic reserve liability     4,580,000               4,580,000      
Other income     $ 184,172 $ 115,484 $ 111,364 $ 127,170 $ 119,168 $ 115,679 $ 104,172 $ 78,136 $ 538,190 $ 417,155 $ 321,019  
Golden Gate                            
Business Combination Segment Allocation [Line Items]                            
Merger agreement term   20 years                        
Merger agreement extension term   25 years                        
Maximum commitment amount   $ 5,000,000                        
Individual Life Business                            
Business Combination Segment Allocation [Line Items]                            
Coinsurance basis percentage                           100.00%
Ceded commissions for reinsurance                           $ 765,700
Other income $ 94,400                          
Cash settlement 24,100                          
Reserve adjustments $ 70,300                          
Golden Gate, Captive Merger                            
Business Combination Segment Allocation [Line Items]                            
Reduction in fixed maturities at amortized cost   1,858,000                        
Reduction in non-recourse funding obligations   1,858,000                        
Reduction in income before taxes   54,100                        
Payments to settle outstanding principal with third parties   329,900                        
Payments to settle outstanding principal with third parties, amount held by external parties   20,600                        
Golden Gate, Captive Merger | Nonconsolidated Affiliates                            
Business Combination Segment Allocation [Line Items]                            
Payments to settle outstanding principal with third parties   309,300                        
Golden Gate, Captive Merger | PLC                            
Business Combination Segment Allocation [Line Items]                            
Payments to settle merger obligations   134,800                        
Golden Gate V and Red Mountain                            
Business Combination Segment Allocation [Line Items]                            
Reduction in non-recourse funding obligations   (806,000)                        
Reduction in income before taxes   (16,300)                        
Reduction to net investment income   72,300                        
Decrease in other ceded operating expenses   56,000                        
Fixed maturities, held-to-maturity   $ 822,300