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OFFSETTING OF ASSETS AND LIABILITIES - Schedule of Derivative Instruments by Assets (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Offsetting of Assets    
Gross Amounts of Recognized Assets $ 545,645 $ 542,243
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 545,645 542,243
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 206,954 171,384
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 96,785 100,890
Net Amount 241,906 269,969
Free-Standing derivatives    
Offsetting of Assets    
Gross Amounts of Recognized Assets 412,064 417,769
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 412,064 417,769
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 206,954 171,384
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 96,785 100,890
Net Amount 108,325 145,495
Total derivatives, subject to a master netting arrangement or similar arrangement    
Offsetting of Assets    
Gross Amounts of Recognized Assets 412,064 417,769
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 412,064 417,769
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 206,954 171,384
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 96,785 100,890
Net Amount 108,325 145,495
Embedded derivative - Modco reinsurance treaties    
Offsetting of Assets    
Gross Amounts of Recognized Assets 616 2,573
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 616 2,573
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 616 2,573
Embedded derivative - GLWB    
Offsetting of Assets    
Gross Amounts of Recognized Assets 132,812 121,752
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 132,812 121,752
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 132,812 121,752
Other    
Offsetting of Assets    
Gross Amounts of Recognized Assets 153 149
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 153 149
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount 153 149
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Offsetting of Assets    
Gross Amounts of Recognized Assets 133,581 124,474
Gross Amounts Offset in the Statement of Financial Position 0 0
Net Amounts of Assets Presented in the Statement of Financial Position 133,581 124,474
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 0 0
Net Amount $ 133,581 $ 124,474