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OPERATING SEGMENTS - Schedule of Operating Segments (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
segment
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Summarized financial information for the company's segments          
Number of operating segments | segment     6    
Revenues $ 1,633,227 $ 1,666,026 $ 4,822,553 $ 4,449,924  
Pre-tax Adjusted Operating Income (Loss) 77,414 100,162 251,836 313,815  
Realized gains (losses) and adjustments (4,802) 139,679 118,090 288,476  
Income before income tax 72,612 239,841 369,926 602,291  
Income tax expense (12,850) (49,417) (71,094) (115,355)  
Net income 59,762 190,424 298,832 486,936  
Adjusted operating income tax expense (13,859) (20,085) (46,295) (54,775)  
After-tax adjusted operating income 63,555 80,077 205,541 259,040  
Income tax (expense) benefit on adjustments 1,009 (29,332) (24,799) (60,580)  
Realized gains (losses) and adjustments:          
Derivative financial instruments 15,337 42,286 92,899 (86,288)  
Investments 22,819 77,399 (72,752) 302,596  
Less: related amortization 56,313 (6,205) (58,065) (37,406)  
Less: VA GLWB economic cost (13,355) (13,789) (39,878) (34,762)  
Net investment income 738,171 739,711 2,231,586 2,066,327  
Amortization of deferred policy acquisition costs and value of business acquired 109,141 61,350 144,596 125,560  
Operating Segment Assets          
Investments and other assets 120,097,016   120,097,016   $ 115,549,177
DAC and VOBA 3,461,920   3,461,920   3,519,555
Other intangibles 553,084   553,084   583,426
Goodwill 825,511   825,511   825,511
Total assets 124,937,531   124,937,531   120,477,669
Retail Life and Annuity          
Summarized financial information for the company's segments          
Revenues 664,525 651,222 1,995,041 1,817,232  
Pre-tax Adjusted Operating Income (Loss) 14,927 3,015 22,642 87,405  
Realized gains (losses) and adjustments:          
Net investment income 249,122 235,318 748,470 697,786  
Amortization of deferred policy acquisition costs and value of business acquired 76,982 37,277 69,978 57,471  
Operating Segment Assets          
Investments and other assets 39,070,453   39,070,453   37,448,239
DAC and VOBA 2,476,357   2,476,357   2,416,616
Other intangibles 375,851   375,851   401,178
Goodwill 558,501   558,501   558,501
Total assets 42,481,162   42,481,162   40,824,534
Acquisitions          
Summarized financial information for the company's segments          
Revenues 802,200 859,524 2,399,362 2,136,497  
Pre-tax Adjusted Operating Income (Loss) 64,999 103,210 238,121 247,932  
Realized gains (losses) and adjustments:          
Net investment income 405,458 426,510 1,235,231 1,106,782  
Amortization of deferred policy acquisition costs and value of business acquired 14,114 7,388 23,720 18,349  
Operating Segment Assets          
Investments and other assets 54,395,295   54,395,295   54,074,450
DAC and VOBA 808,377   808,377   924,090
Other intangibles 33,831   33,831   36,321
Goodwill 23,862   23,862   23,862
Total assets 55,261,365   55,261,365   55,058,723
Stable Value Products          
Summarized financial information for the company's segments          
Revenues 48,081 59,954 137,222 187,118  
Pre-tax Adjusted Operating Income (Loss) 20,129 20,863 62,119 71,208  
Realized gains (losses) and adjustments:          
Net investment income 54,210 59,707 169,279 184,450  
Amortization of deferred policy acquisition costs and value of business acquired 872 857 2,439 2,584  
Operating Segment Assets          
Investments and other assets 5,889,432   5,889,432   5,317,885
DAC and VOBA 7,681   7,681   5,221
Other intangibles 6,222   6,222   6,722
Goodwill 113,924   113,924   113,924
Total assets 6,017,259   6,017,259   5,443,752
Asset Protection          
Summarized financial information for the company's segments          
Revenues 68,198 72,729 209,790 218,995  
Pre-tax Adjusted Operating Income (Loss) 9,484 9,637 32,851 26,945  
Realized gains (losses) and adjustments:          
Net investment income 5,438 7,164 19,144 21,015  
Amortization of deferred policy acquisition costs and value of business acquired 17,173 15,828 48,459 47,156  
Operating Segment Assets          
Investments and other assets 869,456   869,456   878,386
DAC and VOBA 169,505   169,505   173,628
Other intangibles 104,019   104,019   112,032
Goodwill 129,224   129,224   129,224
Total assets 1,272,204   1,272,204   1,293,270
Corporate and Other          
Summarized financial information for the company's segments          
Revenues 50,223 22,597 81,138 90,082  
Pre-tax Adjusted Operating Income (Loss) (32,125) (36,563) (103,897) (119,675)  
Realized gains (losses) and adjustments:          
Net investment income 23,943 11,012 59,462 56,294  
Amortization of deferred policy acquisition costs and value of business acquired 0 $ 0 0 $ 0  
Operating Segment Assets          
Investments and other assets 19,872,380   19,872,380   17,830,217
DAC and VOBA 0   0   0
Other intangibles 33,161   33,161   27,173
Goodwill 0   0   0
Total assets $ 19,905,541   $ 19,905,541   $ 17,857,390