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OFFSETTING OF ASSETS AND LIABILITIES - Offsetting of Derivative Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement $ 2,681,451 $ 1,547,178
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 2,681,451 1,547,178
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 864,650 452,562
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 4,193 4,791
Net Amount 1,812,608 1,089,825
Repurchase agreements    
Gross Amounts of Recognized Liabilities 436,970 270,000
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in Balance Sheet 436,970 270,000
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted 0 0
Net Amount 436,970 270,000
Total Liabilities    
Gross Amounts of Recognized Liabilities 3,118,421 1,817,178
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in Balance Sheet 3,118,421 1,817,178
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments 864,650 452,562
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted 4,193 4,791
Net Amount 2,249,578 1,359,825
Free-Standing derivatives    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, subject to a master netting arrangement 871,293 458,623
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 871,293 458,623
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, subject to master netting arrangement 864,650 452,562
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 4,193 4,791
Net Amount 2,450 1,270
Total derivatives, subject to a master netting arrangement or similar arrangement    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, subject to a master netting arrangement 871,293 458,623
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 871,293 458,623
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, subject to master netting arrangement 864,650 452,562
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 4,193 4,791
Net Amount 2,450 1,270
Embedded derivative - Modco reinsurance treaties    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 388,521 231,516
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 388,521 231,516
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount 388,521 231,516
Funds withheld derivative    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 66,331 70,583
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 66,331 70,583
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount 66,331 70,583
Embedded derivative - GLWB    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 465,012 248,577
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 465,012 248,577
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount 465,012 248,577
Embedded derivative - FIA    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 633,350 332,869
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 633,350 332,869
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount 633,350 332,869
Embedded derivative - IUL    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 201,331 151,765
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 201,331 151,765
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount 201,331 151,765
Embedded derivative - FIA    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 55,613 53,245
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 55,613 53,245
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount 55,613 53,245
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Offsetting of Derivative Liabilities:    
Gross Amounts of Recognized Liabilities, not subject to a master netting arrangement 1,810,158 1,088,555
Gross Amounts Offset in the Balance Sheet 0 0
Net Amounts of Liabilities Presented in the Statement of Financial Position, Including not subject to master netting arrangement 1,810,158 1,088,555
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments, not subject to master netting arrangement 0 0
Gross Amounts Not Offset in the Balance Sheet, Collateral Posted, including not subject to master netting arrangement 0 0
Net Amount $ 1,810,158 $ 1,088,555