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INVESTMENT OPERATIONS (Details 4)
$ in Thousands
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Jan. 31, 2015
USD ($)
Jun. 30, 2015
USD ($)
position
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
position
Jun. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Fair Value            
Less Than 12 Months   $ 30,315,915   $ 30,315,915    
Total   30,315,915   30,315,915    
Unrealized Loss            
Less Than 12 Months   (2,200,457)   (2,200,457)    
Total   $ (2,200,457)   $ (2,200,457)    
Total positions that were in an unrealized loss position | position   2,435   2,435    
Available-for-sale securities, fair value   $ 33,820,337   $ 33,820,337    
Available-for-sale securities, amortized cost   35,959,726   35,959,726    
Below investment grade            
Unrealized Loss            
Available-for-sale securities, fair value   1,600,000   1,600,000    
Available-for-sale securities, amortized cost   1,600,000   1,600,000    
Securities in trading portfolio   308,800   308,800    
Securities not publicly traded   403,300   403,300    
Fixed maturities:            
Unrealized Loss            
Available-for-sale securities, fair value   32,989,028   32,989,028    
Available-for-sale securities, amortized cost   35,116,822   35,116,822    
Securities in trading portfolio   2,700,000   2,700,000    
Change in unrealized gains (losses), net of income tax   (1,039,827)   (1,383,066)    
Residential mortgage-backed securities            
Fair Value            
Less Than 12 Months   1,043,439   1,043,439    
Total   1,043,439   1,043,439    
Unrealized Loss            
Less Than 12 Months   (23,585)   (23,585)    
Total   (23,585)   (23,585)    
Available-for-sale securities, fair value   1,576,826   1,576,826    
Available-for-sale securities, amortized cost   1,594,167   1,594,167    
Commercial mortgage-backed securities            
Fair Value            
Less Than 12 Months   1,125,342   1,125,342    
Total   1,125,342   1,125,342    
Unrealized Loss            
Less Than 12 Months   (34,102)   (34,102)    
Total   (34,102)   (34,102)    
Available-for-sale securities, fair value   1,203,156   1,203,156    
Available-for-sale securities, amortized cost   1,236,987   1,236,987    
Other asset-backed securities            
Fair Value            
Less Than 12 Months   723,695   723,695    
Total   723,695   723,695    
Unrealized Loss            
Less Than 12 Months   (22,940)   (22,940)    
Total   (22,940)   (22,940)    
Percentage of underlying collateral including student-loan backed auction rate securities guaranteed by the Federal Family Education Loan Program ("FFELP"), minimum           97.00%
Available-for-sale securities, fair value   799,471   799,471    
Available-for-sale securities, amortized cost   820,349   820,349    
U.S. government-related securities            
Fair Value            
Less Than 12 Months   1,569,203   1,569,203    
Total   1,569,203   1,569,203    
Unrealized Loss            
Less Than 12 Months   (42,983)   (42,983)    
Total   (42,983)   (42,983)    
Available-for-sale securities, fair value   1,601,530   1,601,530    
Available-for-sale securities, amortized cost   1,644,086   1,644,086    
Other government-related securities            
Fair Value            
Less Than 12 Months   18,782   18,782    
Total   18,782   18,782    
Unrealized Loss            
Less Than 12 Months   (796)   (796)    
Total   (796)   (796)    
Available-for-sale securities, fair value   18,782   18,782    
Available-for-sale securities, amortized cost   19,578   19,578    
States, municipals, and political subdivisions            
Fair Value            
Less Than 12 Months   1,583,913   1,583,913    
Total   1,583,913   1,583,913    
Unrealized Loss            
Less Than 12 Months   (135,050)   (135,050)    
Total   (135,050)   (135,050)    
Available-for-sale securities, fair value   1,585,068   1,585,068    
Available-for-sale securities, amortized cost   1,720,059   1,720,059    
Corporate securities            
Fair Value            
Less Than 12 Months   23,693,311   23,693,311    
Total   23,693,311   23,693,311    
Unrealized Loss            
Less Than 12 Months   (1,925,808)   (1,925,808)    
Total   (1,925,808)   (1,925,808)    
Available-for-sale securities, fair value   26,142,528   26,142,528    
Available-for-sale securities, amortized cost   28,017,234   28,017,234    
Preferred stocks            
Fair Value            
Less Than 12 Months   61,667   61,667    
Total   61,667   61,667    
Unrealized Loss            
Less Than 12 Months   (2,695)   (2,695)    
Total   (2,695)   (2,695)    
Available-for-sale securities, fair value   61,667   61,667    
Available-for-sale securities, amortized cost   64,362   64,362    
Equity securities            
Fair Value            
Less Than 12 Months   496,563   496,563    
Total   496,563   496,563    
Unrealized Loss            
Less Than 12 Months   (12,498)   (12,498)    
Total   (12,498)   (12,498)    
Available-for-sale securities, fair value   674,372   674,372    
Available-for-sale securities, amortized cost   685,967   685,967    
Securities in trading portfolio   8,300   8,300    
Change in unrealized gains (losses), net of income tax   $ (9,048)   $ (7,537)    
Predecessor            
Fair Value            
Less Than 12 Months           $ 2,232,805
12 Months or More           1,904,974
Total           4,137,779
Unrealized Loss            
Less Than 12 Months           (96,859)
12 Months or More           (116,560)
Total           (213,419)
Available-for-sale securities, fair value           34,824,298
Available-for-sale securities, amortized cost           31,763,413
Predecessor | Fixed maturities:            
Unrealized Loss            
Available-for-sale securities, fair value           33,937,420
Available-for-sale securities, amortized cost           30,898,028
Securities in trading portfolio           2,800,000
Change in unrealized gains (losses), net of income tax $ 669,160   $ 519,488   $ 1,147,761  
Predecessor | Residential mortgage-backed securities            
Fair Value            
Less Than 12 Months           165,877
12 Months or More           67,301
Total           233,178
Unrealized Loss            
Less Than 12 Months           (9,547)
12 Months or More           (2,717)
Total           (12,264)
Available-for-sale securities, fair value           1,418,258
Available-for-sale securities, amortized cost           1,374,141
Predecessor | Commercial mortgage-backed securities            
Fair Value            
Less Than 12 Months           49,908
12 Months or More           102,529
Total           152,437
Unrealized Loss            
Less Than 12 Months           (334)
12 Months or More           (2,030)
Total           (2,364)
Available-for-sale securities, fair value           1,177,252
Available-for-sale securities, amortized cost           1,119,979
Predecessor | Other asset-backed securities            
Fair Value            
Less Than 12 Months           108,665
12 Months or More           537,488
Total           646,153
Unrealized Loss            
Less Than 12 Months           (6,473)
12 Months or More           (29,477)
Total           (35,950)
Available-for-sale securities, fair value           839,376
Available-for-sale securities, amortized cost           857,365
Predecessor | U.S. government-related securities            
Fair Value            
Less Than 12 Months           231,917
12 Months or More           280,803
Total           512,720
Unrealized Loss            
Less Than 12 Months           (3,868)
12 Months or More           (5,414)
Total           (9,282)
Available-for-sale securities, fair value           1,428,895
Available-for-sale securities, amortized cost           1,394,028
Predecessor | Other government-related securities            
Unrealized Loss            
Available-for-sale securities, fair value           20,172
Available-for-sale securities, amortized cost           16,939
Predecessor | States, municipals, and political subdivisions            
Fair Value            
Less Than 12 Months           1,905
12 Months or More           10,481
Total           12,386
Unrealized Loss            
Less Than 12 Months           (134)
12 Months or More           (297)
Total           (431)
Available-for-sale securities, fair value           1,687,689
Available-for-sale securities, amortized cost           1,391,526
Predecessor | Corporate securities            
Fair Value            
Less Than 12 Months           1,657,103
12 Months or More           776,863
Total           2,433,966
Unrealized Loss            
Less Than 12 Months           (76,285)
12 Months or More           (62,690)
Total           (138,975)
Available-for-sale securities, fair value           27,365,778
Available-for-sale securities, amortized cost           24,744,050
Predecessor | Equity securities            
Fair Value            
Less Than 12 Months           17,430
12 Months or More           129,509
Total           146,939
Unrealized Loss            
Less Than 12 Months           (218)
12 Months or More           (13,935)
Total           (14,153)
Available-for-sale securities, fair value           735,306
Available-for-sale securities, amortized cost           713,813
Securities in trading portfolio           $ 21,500
Change in unrealized gains (losses), net of income tax $ 12,172   $ 14,591   $ 33,004