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FAIR VALUE OF FINANCIAL INSTRUMENTS - Valuation of Level 3 Financial Instruments (Details)
Dec. 31, 2020
USD ($)
usd_per_policy
Dec. 31, 2019
USD ($)
usd_per_policy
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability $ 2,681,451,000 $ 1,547,178,000
Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Financial instruments that are valued using broker quotes 115,600,000 76,800,000
Financial instruments with book value approximating fair value 89,900,000 73,000,000.0
Level 3 | Commercial mortgage-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Fair value, assets 32,425,000 10,029,000
Level 3 | Other asset-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Fair value, assets 434,676,000 421,219,000
Financial instruments that are valued using broker quotes 87,600,000 65,400,000
Level 3 | Corporate securities    
Assets and liabilities measured at fair value on a recurring basis    
Fair value, assets 1,431,818,000 1,373,714,000
Financial instruments that are valued using broker quotes 16,700,000 11,400,000
Level 3 | Equity securities    
Assets and liabilities measured at fair value on a recurring basis    
Financial instruments that are valued using broker quotes 11,300,000  
Level 3 | Embedded derivative - GLWB    
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability 403,656,000 186,038,000
Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability 573,216,000 336,826,000
Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Derivative liability $ 201,331,000 $ 151,765,000
Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input | usd_per_policy 207 195
Minimum | Discounted cash flow | Level 3 | Commercial mortgage-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input   0.025
Minimum | Discounted cash flow | Level 3 | Corporate securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0000 0.0000
Maximum | Discounted cash flow | Level 3 | Corporate securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0475 0.0403
Weighted Average | Discounted cash flow | Level 3 | Corporate securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0189 0.0160
Spread over treasury | Minimum | Discounted cash flow | Level 3 | Commercial mortgage-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0278  
Spread over treasury | Maximum | Discounted cash flow | Level 3 | Commercial mortgage-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0292  
Spread over treasury | Weighted Average | Discounted cash flow | Level 3 | Commercial mortgage-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0287  
Liquidation value | Minimum | Liquidation | Level 3 | Other asset-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input, value $ 95.00 $ 95.39
Liquidation value | Maximum | Liquidation | Level 3 | Other asset-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input, value 97.00 99.99
Liquidation value | Weighted Average | Liquidation | Level 3 | Other asset-backed securities    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input, value $ 96.19 $ 97.95
Liquidity premium | Minimum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0054 0.0034
Liquidity premium | Maximum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0230 0.0228
Liquidity premium | Weighted Average | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0163 0.0144
Paydown Rate | Minimum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.0879 0.0899
Paydown Rate | Maximum | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.1249 0.1245
Paydown Rate | Weighted Average | Discounted cash flow | Level 3    
Assets and liabilities measured at fair value on a recurring basis    
Debt securities, measurement input 0.1139 0.1128
Mortality | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - GLWB    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.88 0.87
Mortality | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.88 0.87
Mortality | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - IUL    
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 | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.36  
Mortality | Minimum | Actuarial cash flow model, vbt primary tables, duration scale | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.94 0.94
Mortality | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - GLWB    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 1 1
Mortality | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 1 1
Mortality | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - IUL    
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 | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 1.61  
Mortality | Maximum | Actuarial cash flow model, vbt primary tables, duration scale | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 2.48 2.48
Nonperformance risk | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - GLWB    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0019 0.0012
Nonperformance risk | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0019 0.0012
Nonperformance risk | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0019 0.0012
Nonperformance risk | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - GLWB    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0081 0.0082
Nonperformance risk | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0081 0.0082
Nonperformance risk | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.0081 0.0082
Withdrawal rate prior to age 70 | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input   0.004
Withdrawal rate prior to age 70 | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
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 | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.024  
Withdrawal rate | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input   0.012
Lapse | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.002 0.005
Lapse | Minimum | Actuarial cash flow model | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.00375 0.005
Lapse | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - FIA    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.500 0.500
Lapse | Maximum | Actuarial cash flow model | Level 3 | Embedded derivative - IUL    
Assets and liabilities measured at fair value on a recurring basis    
Embedded derivative liability, measurement input 0.10 0.100