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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets:    
Available-for-sale securities $ 33,737,408  
Total fixed maturity securities 35,601,843  
Equity securities 684,696  
Other long-term investments 350,807  
Short-term investments 233,337  
Assets related to separate accounts    
Variable annuity 12,646,751  
Variable universal life 792,800  
Liabilities:    
Other liabilities 544,390  
Fixed maturities:    
Assets:    
Available-for-sale securities 32,891,202  
Trading securities 2,700,000  
Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 1,615,822  
Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities 1,276,615  
Other asset-backed securities    
Assets:    
Available-for-sale securities 793,014  
U.S. government-related securities    
Assets:    
Available-for-sale securities 1,617,472  
States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 1,613,485  
Other government-related securities    
Assets:    
Available-for-sale securities 18,884  
Corporate securities    
Assets:    
Available-for-sale securities 25,893,798  
Preferred stocks    
Assets:    
Available-for-sale securities 62,112  
Level 3 | Other asset-backed securities    
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 585,751  
Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities 35,601,843  
Equity securities 684,696  
Other long-term investments 350,807  
Short-term investments 233,337  
Total investments 36,870,683  
Cash 517,900  
Assets related to separate accounts    
Variable annuity 12,646,751  
Variable universal life 792,800  
Total assets measured at fair value on a recurring basis 50,828,134  
Liabilities:    
Annuity account balances 95,198  
Other liabilities 544,390  
Total liabilities measured at fair value on a recurring basis 639,588  
Measured at fair value on a recurring basis | Fixed maturities:    
Assets:    
Available-for-sale securities 32,891,202  
Trading securities 2,710,641  
Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 1,615,822  
Trading securities 288,280  
Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities 1,276,615  
Trading securities 148,640  
Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Available-for-sale securities 793,014  
Trading securities 277,090  
Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Available-for-sale securities 1,617,472  
Trading securities 241,305  
Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 1,613,485  
Trading securities 310,973  
Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Available-for-sale securities 18,884  
Trading securities 59,527  
Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Available-for-sale securities 25,893,798  
Trading securities 1,377,901  
Measured at fair value on a recurring basis | Preferred stocks    
Assets:    
Available-for-sale securities 62,112  
Trading securities 6,925  
Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities 1,407,916  
Equity securities 606,400  
Other long-term investments 122,120  
Short-term investments 228,621  
Total investments 2,365,057  
Cash 517,900  
Assets related to separate accounts    
Variable annuity 12,646,751  
Variable universal life 792,800  
Total assets measured at fair value on a recurring basis 16,322,508  
Liabilities:    
Other liabilities 22,085  
Total liabilities measured at fair value on a recurring basis 22,085  
Measured at fair value on a recurring basis | Level 1 | Fixed maturities:    
Assets:    
Available-for-sale securities 1,164,566  
Trading securities 243,350  
Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Available-for-sale securities 1,102,371  
Trading securities 236,425  
Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Available-for-sale securities 83  
Measured at fair value on a recurring basis | Level 1 | Preferred stocks    
Assets:    
Available-for-sale securities 62,112  
Trading securities 6,925  
Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities 32,385,963  
Equity securities 11,792  
Other long-term investments 172,937  
Short-term investments 4,716  
Total investments 32,575,408  
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 32,575,408  
Liabilities:    
Other liabilities 138,496  
Total liabilities measured at fair value on a recurring basis 138,496  
Measured at fair value on a recurring basis | Level 2 | Fixed maturities:    
Assets:    
Available-for-sale securities 30,092,144  
Trading securities 2,293,819  
Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 1,615,819  
Trading securities 288,280  
Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities 1,276,615  
Trading securities 148,640  
Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Available-for-sale securities 207,263  
Trading securities 121,937  
Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Available-for-sale securities 515,101  
Trading securities 4,880  
Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities 1,613,485  
Trading securities 310,973  
Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Available-for-sale securities 18,884  
Trading securities 59,527  
Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Available-for-sale securities 24,844,977  
Trading securities 1,359,582  
Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities 1,807,964  
Equity securities 66,504  
Other long-term investments 55,750  
Total investments 1,930,218  
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis 1,930,218  
Liabilities:    
Annuity account balances 95,198  
Other liabilities 383,809  
Total liabilities measured at fair value on a recurring basis 479,007  
Measured at fair value on a recurring basis | Level 3 | Fixed maturities:    
Assets:    
Available-for-sale securities 1,634,492  
Trading securities 173,472  
Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities 3  
Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Available-for-sale securities 585,751  
Trading securities 155,153  
Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Available-for-sale securities 1,048,738  
Trading securities $ 18,319  
Predecessor    
Assets:    
Available-for-sale securities   $ 34,824,298
Total fixed maturity securities   36,756,240
Equity securities   756,790
Other long-term investments   270,701
Short-term investments   246,717
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Liabilities:    
Other liabilities   629,535
Predecessor | Fixed maturities:    
Assets:    
Available-for-sale securities   33,937,420
Trading securities   2,800,000
Predecessor | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   1,418,258
Predecessor | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities   1,177,252
Predecessor | Other asset-backed securities    
Assets:    
Available-for-sale securities   839,376
Predecessor | U.S. government-related securities    
Assets:    
Available-for-sale securities   1,428,895
Predecessor | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   1,687,689
Predecessor | Other government-related securities    
Assets:    
Available-for-sale securities   20,172
Predecessor | Corporate securities    
Assets:    
Available-for-sale securities   27,365,778
Predecessor | Level 3 | Other asset-backed securities    
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis   563,752
Predecessor | Measured at fair value on a recurring basis    
Assets:    
Total fixed maturity securities   36,756,240
Equity securities   756,790
Other long-term investments   270,701
Short-term investments   246,717
Total investments   38,030,448
Cash   268,286
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Total assets measured at fair value on a recurring basis   52,291,103
Liabilities:    
Annuity account balances   97,825
Other liabilities   629,535
Total liabilities measured at fair value on a recurring basis   727,360
Predecessor | Measured at fair value on a recurring basis | Fixed maturities:    
Assets:    
Available-for-sale securities   33,937,420
Trading securities   2,818,820
Predecessor | Measured at fair value on a recurring basis | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   1,418,258
Trading securities   288,114
Predecessor | Measured at fair value on a recurring basis | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities   1,177,252
Trading securities   151,111
Predecessor | Measured at fair value on a recurring basis | Other asset-backed securities    
Assets:    
Available-for-sale securities   839,376
Trading securities   274,579
Predecessor | Measured at fair value on a recurring basis | U.S. government-related securities    
Assets:    
Available-for-sale securities   1,428,895
Trading securities   250,461
Predecessor | Measured at fair value on a recurring basis | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   1,687,689
Trading securities   325,446
Predecessor | Measured at fair value on a recurring basis | Other government-related securities    
Assets:    
Available-for-sale securities   20,172
Trading securities   57,032
Predecessor | Measured at fair value on a recurring basis | Corporate securities    
Assets:    
Available-for-sale securities   27,365,778
Trading securities   1,472,077
Predecessor | Measured at fair value on a recurring basis | Level 1    
Assets:    
Total fixed maturity securities   1,410,883
Equity securities   590,832
Other long-term investments   119,997
Short-term investments   243,436
Total investments   2,365,148
Cash   268,286
Assets related to separate accounts    
Variable annuity   13,157,429
Variable universal life   834,940
Total assets measured at fair value on a recurring basis   16,625,803
Liabilities:    
Other liabilities   62,146
Total liabilities measured at fair value on a recurring basis   62,146
Predecessor | Measured at fair value on a recurring basis | Level 1 | Fixed maturities:    
Assets:    
Available-for-sale securities   1,165,320
Trading securities   245,563
Predecessor | Measured at fair value on a recurring basis | Level 1 | U.S. government-related securities    
Assets:    
Available-for-sale securities   1,165,188
Trading securities   245,563
Predecessor | Measured at fair value on a recurring basis | Level 1 | Corporate securities    
Assets:    
Available-for-sale securities   132
Predecessor | Measured at fair value on a recurring basis | Level 2    
Assets:    
Total fixed maturity securities   33,257,830
Equity securities   99,267
Other long-term investments   106,079
Short-term investments   3,281
Total investments   33,466,457
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis   33,466,457
Liabilities:    
Other liabilities   61,046
Total liabilities measured at fair value on a recurring basis   61,046
Predecessor | Measured at fair value on a recurring basis | Level 2 | Fixed maturities:    
Assets:    
Available-for-sale securities   30,878,778
Trading securities   2,379,052
Predecessor | Measured at fair value on a recurring basis | Level 2 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   1,418,255
Trading securities   288,114
Predecessor | Measured at fair value on a recurring basis | Level 2 | Commercial mortgage-backed securities    
Assets:    
Available-for-sale securities   1,177,252
Trading securities   151,111
Predecessor | Measured at fair value on a recurring basis | Level 2 | Other asset-backed securities    
Assets:    
Available-for-sale securities   275,415
Trading securities   105,118
Predecessor | Measured at fair value on a recurring basis | Level 2 | U.S. government-related securities    
Assets:    
Available-for-sale securities   263,707
Trading securities   4,898
Predecessor | Measured at fair value on a recurring basis | Level 2 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   1,684,014
Trading securities   325,446
Predecessor | Measured at fair value on a recurring basis | Level 2 | Other government-related securities    
Assets:    
Available-for-sale securities   20,172
Trading securities   57,032
Predecessor | Measured at fair value on a recurring basis | Level 2 | Corporate securities    
Assets:    
Available-for-sale securities   26,039,963
Trading securities   1,447,333
Predecessor | Measured at fair value on a recurring basis | Level 3    
Assets:    
Total fixed maturity securities   2,087,527
Equity securities   66,691
Other long-term investments   44,625
Total investments   2,198,843
Assets related to separate accounts    
Total assets measured at fair value on a recurring basis   2,198,843
Liabilities:    
Annuity account balances   97,825
Other liabilities   506,343
Total liabilities measured at fair value on a recurring basis   604,168
Predecessor | Measured at fair value on a recurring basis | Level 3 | Fixed maturities:    
Assets:    
Available-for-sale securities   1,893,322
Trading securities   194,205
Predecessor | Measured at fair value on a recurring basis | Level 3 | Residential mortgage-backed securities    
Assets:    
Available-for-sale securities   3
Predecessor | Measured at fair value on a recurring basis | Level 3 | Other asset-backed securities    
Assets:    
Available-for-sale securities   563,961
Trading securities   169,461
Predecessor | Measured at fair value on a recurring basis | Level 3 | States, municipals, and political subdivisions    
Assets:    
Available-for-sale securities   3,675
Predecessor | Measured at fair value on a recurring basis | Level 3 | Corporate securities    
Assets:    
Available-for-sale securities   1,325,683
Trading securities   $ 24,744