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INVESTMENT OPERATIONS - Summary of Major Categories of Net Investment Income (Details) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 11 Months Ended 12 Months Ended
Jan. 31, 2015
Mar. 31, 2015
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2014
Successor                        
Investment [Line Items]                        
Investment income before other investment expenses                   $ 1,657,894 $ 1,971,567  
Other investment expenses                   24,946 29,111  
Net investment income   $ 288,872 $ 496,150 $ 482,729 $ 488,460 $ 475,117 $ 467,165 $ 440,620 $ 436,291 1,632,948 1,942,456  
Successor | Fixed maturities                        
Investment [Line Items]                        
Investment income before other investment expenses                   1,267,900 1,552,999  
Successor | Equity securities                        
Investment [Line Items]                        
Investment income before other investment expenses                   40,907 38,838  
Successor | Mortgage loans                        
Investment [Line Items]                        
Investment income before other investment expenses                   252,577 270,749  
Successor | Investment real estate                        
Investment [Line Items]                        
Investment income before other investment expenses                   2,528 2,153  
Successor | Short-term investments                        
Investment [Line Items]                        
Investment income before other investment expenses                   $ 93,982 $ 106,828  
Predecessor                        
Investment [Line Items]                        
Investment income before other investment expenses $ 177,478                     $ 2,231,589
Other investment expenses 2,298                     33,865
Net investment income 175,180                     2,197,724
Predecessor | Fixed maturities                        
Investment [Line Items]                        
Investment income before other investment expenses 140,104                     1,712,297
Predecessor | Equity securities                        
Investment [Line Items]                        
Investment income before other investment expenses 2,572                     41,740
Predecessor | Mortgage loans                        
Investment [Line Items]                        
Investment income before other investment expenses 24,977                     360,778
Predecessor | Investment real estate                        
Investment [Line Items]                        
Investment income before other investment expenses 112                     4,482
Predecessor | Short-term investments                        
Investment [Line Items]                        
Investment income before other investment expenses $ 9,713                     $ 112,292