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OFFSETTING OF ASSETS AND LIABILITIES (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets $ 273,814pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements  
Net Amounts of Assets Presented in the Statement of Financial Position 273,814pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440us-gaap_DerivativeCollateralObligationToReturnSecurities  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 120,634us-gaap_DerivativeCollateralObligationToReturnCash  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 111,740pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements  
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement 123,299us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement  
Total derivatives    
Gross Amounts of Recognized Assets 397,113us-gaap_DerivativeFairValueOfDerivativeAsset  
Net Amounts of Assets Presented in the Statement of Financial Position 397,113us-gaap_DerivativeAssets  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440pl_DerivativeCollateralObligationToReturnSecuritiesTotal  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 120,634pl_DerivativeCollateralObligationToReturnCashTotal  
Total derivatives, Net Amount 235,039pl_DerivativeAssetsAmountOffsetAgainstCollateralIncludingAssetsNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset  
Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 273,814pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Net Amounts of Assets Presented in the Statement of Financial Position 273,814pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 41,440us-gaap_DerivativeCollateralObligationToReturnSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 120,634us-gaap_DerivativeCollateralObligationToReturnCash
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 111,740pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
 
Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 1,572pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Net Amounts of Assets Presented in the Statement of Financial Position 1,572pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 1,572pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
 
Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 121,322pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
 
Net Amounts of Assets Presented in the Statement of Financial Position 121,322pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 121,322pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
 
Other    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 405pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_OtherDerivativesMember
 
Net Amounts of Assets Presented in the Statement of Financial Position 405pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_OtherDerivativesMember
 
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 405pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_OtherDerivativesMember
 
Predecessor    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   225,716pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Assets Presented in the Statement of Financial Position   225,716pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612us-gaap_DerivativeCollateralObligationToReturnSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received   73,935us-gaap_DerivativeCollateralObligationToReturnCash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   98,169pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement   68,254us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives    
Gross Amounts of Recognized Assets   293,970us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Assets Presented in the Statement of Financial Position   293,970us-gaap_DerivativeAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612pl_DerivativeCollateralObligationToReturnSecuritiesTotal
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received   73,935pl_DerivativeCollateralObligationToReturnCashTotal
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, Net Amount   166,423pl_DerivativeAssetsAmountOffsetAgainstCollateralIncludingAssetsNotSubjectToMasterNettingArrangementsAndNotElectedToBeOffset
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   225,716pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Assets Presented in the Statement of Financial Position   225,716pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612us-gaap_DerivativeCollateralObligationToReturnSecurities
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received   73,935us-gaap_DerivativeCollateralObligationToReturnCash
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   98,169pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_FreeStandingDerivativeMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   1,051pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Assets Presented in the Statement of Financial Position   1,051pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   1,051pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeModcoReinsuranceTreatiesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   66,843pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Assets Presented in the Statement of Financial Position   66,843pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   66,843pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_EmbeddedDerivativeGMWBMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Predecessor | Other    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   360pl_DerivativeFairValueOfDerivativeAssetBeforeEffectsOfMasterNettingAgreements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_OtherDerivativesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net Amounts of Assets Presented in the Statement of Financial Position   360pl_DerivativeFairValueOfDerivativeAssetAmountSubjectToMasterNettingAgreement
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_OtherDerivativesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   $ 360pl_DerivativeFairValueOfDerivativeAssetAfterEffectsOfMasterNettingArrangements
/ us-gaap_DerivativeInstrumentRiskAxis
= pl_OtherDerivativesMember
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember