ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2015

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Summary of changes in the accumulated balances for each component of AOCI

Changes in Accumulated Other Comprehensive Income (Loss) by Component

							Total
							Accumulated
	Unrealized			Accumulated			Other
	Gains and Losses			Gain and Loss			Comprehensive
	on Investments(2)			Derivatives			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Successor Company
Beginning Balance, February 1, 2015	$	—		$	—		$	—
Other comprehensive income (loss) before reclassifications	(941,196		)	(86		)	(941,282		)
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings	(3,115		)	—			(3,115		)
Amounts reclassified from accumulated other comprehensive income (loss)(1)	8,664			86			8,750
Net current-period other comprehensive income (loss)	(935,647		)	—			(935,647		)
Ending Balance, September 30, 2015	$	(935,647	)	$	—		$	(935,647	)

(1) See Reclassification table below for details.

(2) As of September 30, 2015 net unrealized losses reported in AOCI were offset by $506.9 million due to the impact those net unrealized losses would have had on certain of the Company’s insurance assets and liabilities if the net unrealized losses had been recognized in net income.

Changes in Accumulated Other Comprehensive Income (Loss) by Component

							Total
							Accumulated
	Unrealized			Accumulated			Other
	Gains and Losses			Gain and Loss			Comprehensive
	on Investments(2)			Derivatives			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Predecessor Company
Beginning Balance, December 31, 2014	$	1,483,293		$	(82	)	$	1,483,211
Other comprehensive income (loss) before reclassifications	482,143			9			482,152
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings	(243		)	—			(243		)
Amounts reclassified from accumulated other comprehensive income (loss)(1)	(4,166		)	23			(4,143		)
Net current-period other comprehensive income (loss)	477,734			32			477,766
Ending Balance, January 31, 2015	$	1,961,027		$	(50	)	$	1,960,977

(1) See Reclassification table below for details.

(2) As of January 31, 2015 and December 31, 2014 net unrealized losses reported in AOCI were offset by $(492.6) million and

$(504.4) million due to the impact those net unrealized losses would have had on certain of the Company’s insurance assets and liabilities if the net unrealized losses had been recognized in net income.

Changes in Accumulated Other Comprehensive Income (Loss) by Component

							Total
							Accumulated
	Unrealized			Accumulated			Other
	Gains and Losses			Gain and Loss			Comprehensive
	on Investments(2)			Derivatives			Income (Loss)
	(Dollars In Thousands, Net of Tax)
Predecessor Company
Beginning Balance, December 31, 2013	$	540,201		$	(1,235	)	$	538,966
Other comprehensive income (loss) before reclassifications	983,985			(2		)	983,983
Other comprehensive income relating to other-than-temporary impaired investments for which a portion has been recognized in earnings	3,498			—			3,498
Amounts reclassified from accumulated other comprehensive income (loss)(1)	(44,391		)	1,155			(43,236		)
Net current-period other comprehensive income (loss)	943,092			1,153			944,245
Ending Balance, December 31, 2014	$	1,483,293		$	(82	)	$	1,483,211

(1) See Reclassification table below for details.

(2) As of December 31, 2014 and 2013 net unrealized losses reported in AOCI were offset by $(504.4) million and $(189.8) million due to the impact those net unrealized losses would have had on certain of the Company’s insurance assets and liabilities if the net unrealized losses had been recognized in net income.

Schedule of reclassifications amounts out of AOCI

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Successor Company
For The Three Months Ended September 30, 2015
Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	(1,253	)	Realized investment gains (losses): All other investments
Impairments recognized in earnings	(10,064		)	Net impairment losses recognized in earnings
	(11,317		)	Total before tax
	3,961			Tax (expense) or benefit
	$	(7,356	)	Net of tax

(1) See Note 16, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Successor Company
February 1, 2015 to September 30, 2015
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(131	)	Benefits and settlement expenses, net of reinsurance ceded
	(131		)	Total before tax
	45			Tax (expense) or benefit
	$	(86	)	Net of tax
Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	2,470		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(15,798		)	Net impairment losses recognized in earnings
	(13,328		)	Total before tax
	4,664			Tax (expense) or benefit
	$	(8,664	)	Net of tax

(1) See Note 16, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Predecessor Company
January 1, 2015 to January 31, 2015
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(36	)	Benefits and settlement expenses, net of reinsurance ceded
	(36		)	Total before tax
	13			Tax (expense) or benefit
	$	(23	)	Net of tax
Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	6,891		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(481		)	Net impairment losses recognized in earnings
	6,410			Total before tax
	(2,244		)	Tax (expense) or benefit
	$	4,166		Net of tax

(1) See Note 16, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Predecessor Company
For The Three Months Ended September 30, 2014
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(293	)	Benefits and settlement expenses, net of reinsurance ceded
	(293		)	Total before tax
	103			Tax (expense) or benefit
	$	(190	)	Net of tax
Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	22,244		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(2,354		)	Net impairment losses recognized in earnings
	19,890			Total before tax
	(6,962		)	Tax (expense) or benefit
	$	12,928		Net of tax

(1) See Note 16, Derivative Financial Instruments for additional information.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

	Amount
	Reclassified
	from Accumulated
	Other Comprehensive			Affected Line Item in the
	Income (Loss)			Consolidated Condensed Statements of Income
	(Dollars In Thousands)
Predecessor Company
For The Nine Months Ended September 30, 2014
Gains and losses on derivative instruments
Net settlement (expense)/benefit(1)	$	(1,577	)	Benefits and settlement expenses, net of reinsurance ceded
	(1,577		)	Total before tax
	552			Tax (expense) or benefit
	$	(1,025	)	Net of tax
Unrealized gains and losses on available-for-sale securities
Net investment gains (losses)	$	49,812		Realized investment gains (losses): All other investments
Impairments recognized in earnings	(5,405		)	Net impairment losses recognized in earnings
	44,407			Total before tax
	(15,543		)	Tax (expense) or benefit
	$	28,864		Net of tax

(1) See Note 16, Derivative Financial Instruments for additional information.