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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
2 Months Ended 1 Months Ended 3 Months Ended
Mar. 31, 2015
Jan. 31, 2015
Mar. 31, 2014
Cash flows from operating activities      
Net income $ 62,861us-gaap_NetIncomeLoss    
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized investment (gains) losses 1,415us-gaap_RealizedInvestmentGainsLosses    
Amortization of DAC and VOBA 27,897pl_AmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired    
Capitalization of deferred policy acquisition costs (49,191)us-gaap_DeferredPolicyAcquisitionCostsAdditions    
Depreciation expense 8,335us-gaap_Depreciation    
Deferred income tax 28,509us-gaap_IncreaseDecreaseInDeferredIncomeTaxes    
Accrued income tax 80,549us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable    
Interest credited to universal life and investment products 130,209us-gaap_InterestCreditedToPolicyOwnerAccounts    
Policy fees assessed on universal life and investment products (188,403)us-gaap_InsuranceCommissionsAndFees    
Change in reinsurance receivables 11,571us-gaap_IncreaseDecreaseInReinsuranceRecoverable    
Change in accrued investment income and other receivables (6,242)pl_ChangeInAccruedInvestmentIncomeAndOtherReceivables    
Change in policy liabilities and other policyholders' funds of traditional life and health products (112,286)us-gaap_IncreaseDecreaseInInsuranceLiabilities    
Trading securities:      
Maturities and principal reductions of investments 27,556pl_TradingSecuritiesMaturitiesAndPrincipalReductionsOfInvestments    
Sale of investments 31,584pl_TradingSecuritiesSaleOfInvestments    
Cost of investments acquired (75,342)pl_TradingSecuritiesCostOfInvestmentsAcquired    
Other net change in trading securities 51,908pl_TradingSecuritiesOtherNetChangeInTradingSecurities    
Amortization of premiums and accretion of discounts on investments 67,285us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments    
Change in other liabilities (222,769)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities    
Other, net 77,909us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet    
Net cash provided by operating activities (46,645)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations    
Cash flows from investing activities      
Maturities and principal reductions of investments, available-for-sale 45,713us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities    
Sale of investments, available-for-sale 712,281us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities    
Cost of investments acquired, available-for-sale (1,188,255)us-gaap_PaymentsToAcquireAvailableForSaleSecurities    
Change in investments, held-to-maturity (20,000)us-gaap_PaymentsToAcquireHeldToMaturitySecurities    
Mortgage loans:      
New lendings (248,508)us-gaap_PaymentsToAcquireMortgageNotesReceivable    
Repayments 223,644us-gaap_ProceedsFromSaleAndCollectionOfMortgageNotesReceivable    
Change in investment real estate, net 21us-gaap_PaymentsForProceedsFromRealEstateHeldforinvestment    
Change in policy loans, net 16,502us-gaap_PaymentsForProceedsFromPolicyLoans    
Change in other long-term investments, net (34,077)pl_ChangeInOtherLongTermInvestmentsNet    
Change in short-term investments, net 11,049us-gaap_PaymentsForProceedsFromShortTermInvestments    
Net unsettled security transactions 5,100pl_UnsettledSecurityTransactionsNet    
Purchase of property and equipment (709)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment    
Net cash used in investing activities (477,239)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations    
Cash flows from financing activities      
Borrowings under line of credit arrangements and debt 155,000pl_BorrowingsUnderLineOfCreditArrangementsAndLongTermDebt    
Principal payments on line of credit arrangement and debt (110,700)pl_PrincipalPaymentsOnLineOfCreditArrangementsAndLongTermDebt    
Issuance (repayment) of non-recourse funding obligations 20,000pl_IssuanceRepaymentOfNonRecourseFundingObligations    
Repurchase program borrowings 460,123pl_ProceedsFromReverseRepurchaseLiability    
Investment product deposits and change in universal life deposits 462,674us-gaap_ProceedsFromAnnuitiesAndInvestmentCertificates    
Investment product withdrawals (471,218)us-gaap_RepaymentsOfAnnuitiesAndInvestmentCertificates    
Other financing activities, net 68us-gaap_ProceedsFromPaymentsForOtherFinancingActivities    
Net cash provided by financing activities 515,947us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations    
Change in cash (7,937)us-gaap_CashPeriodIncreaseDecrease    
Cash at beginning of period 462,710us-gaap_Cash    
Cash at end of period 454,773us-gaap_Cash    
Predecessor      
Cash flows from operating activities      
Net income   1,509us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
83,639us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized investment (gains) losses   42,602us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
34,827us-gaap_RealizedInvestmentGainsLosses
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Amortization of DAC and VOBA   4,072pl_AmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
55,582pl_AmortizationOfDeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Capitalization of deferred policy acquisition costs   (22,489)us-gaap_DeferredPolicyAcquisitionCostsAdditions
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(58,461)us-gaap_DeferredPolicyAcquisitionCostsAdditions
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Depreciation expense   820us-gaap_Depreciation
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
1,865us-gaap_Depreciation
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Deferred income tax   30,791us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(19,101)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Accrued income tax   (32,803)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
48,333us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Interest credited to universal life and investment products   79,088us-gaap_InterestCreditedToPolicyOwnerAccounts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
210,800us-gaap_InterestCreditedToPolicyOwnerAccounts
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Policy fees assessed on universal life and investment products   (90,288)us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(253,394)us-gaap_InsuranceCommissionsAndFees
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in reinsurance receivables   (85,081)us-gaap_IncreaseDecreaseInReinsuranceRecoverable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(19,016)us-gaap_IncreaseDecreaseInReinsuranceRecoverable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in accrued investment income and other receivables   (5,789)pl_ChangeInAccruedInvestmentIncomeAndOtherReceivables
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(13,635)pl_ChangeInAccruedInvestmentIncomeAndOtherReceivables
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in policy liabilities and other policyholders' funds of traditional life and health products   176,980us-gaap_IncreaseDecreaseInInsuranceLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
17,791us-gaap_IncreaseDecreaseInInsuranceLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Trading securities:      
Maturities and principal reductions of investments   17,946pl_TradingSecuritiesMaturitiesAndPrincipalReductionsOfInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
25,257pl_TradingSecuritiesMaturitiesAndPrincipalReductionsOfInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Sale of investments   26,422pl_TradingSecuritiesSaleOfInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
47,457pl_TradingSecuritiesSaleOfInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cost of investments acquired   (27,289)pl_TradingSecuritiesCostOfInvestmentsAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(37,070)pl_TradingSecuritiesCostOfInvestmentsAcquired
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other net change in trading securities   (26,901)pl_TradingSecuritiesOtherNetChangeInTradingSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(20,589)pl_TradingSecuritiesOtherNetChangeInTradingSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Amortization of premiums and accretion of discounts on investments   12,930us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
32,680us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in other liabilities   238,592us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
2,744us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other, net   (149,889)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(70,973)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net cash provided by operating activities   191,223us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
68,736us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cash flows from investing activities      
Maturities and principal reductions of investments, available-for-sale   59,028us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
221,379us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Sale of investments, available-for-sale   191,062us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
351,930us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cost of investments acquired, available-for-sale   (149,887)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(900,641)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in investments, held-to-maturity     (20,000)us-gaap_PaymentsToAcquireHeldToMaturitySecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Mortgage loans:      
New lendings   (100,530)us-gaap_PaymentsToAcquireMortgageNotesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(126,896)us-gaap_PaymentsToAcquireMortgageNotesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Repayments   45,741us-gaap_ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
222,646us-gaap_ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in investment real estate, net   7us-gaap_PaymentsForProceedsFromRealEstateHeldforinvestment
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
62us-gaap_PaymentsForProceedsFromRealEstateHeldforinvestment
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in policy loans, net   6,365us-gaap_PaymentsForProceedsFromPolicyLoans
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
22,634us-gaap_PaymentsForProceedsFromPolicyLoans
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in other long-term investments, net   (25,339)pl_ChangeInOtherLongTermInvestmentsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(73,019)pl_ChangeInOtherLongTermInvestmentsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in short-term investments, net   (40,314)us-gaap_PaymentsForProceedsFromShortTermInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(41,199)us-gaap_PaymentsForProceedsFromShortTermInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net unsettled security transactions   37,510pl_UnsettledSecurityTransactionsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
45,145pl_UnsettledSecurityTransactionsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Purchase of property and equipment   (649)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(3,073)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Net cash used in investing activities   22,994us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(301,032)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cash flows from financing activities      
Borrowings under line of credit arrangements and debt     25,000pl_BorrowingsUnderLineOfCreditArrangementsAndLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Principal payments on line of credit arrangement and debt   (60,000)pl_PrincipalPaymentsOnLineOfCreditArrangementsAndLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(100,000)pl_PrincipalPaymentsOnLineOfCreditArrangementsAndLongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Issuance (repayment) of non-recourse funding obligations     19,989pl_IssuanceRepaymentOfNonRecourseFundingObligations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Repurchase program borrowings     125,000pl_ProceedsFromReverseRepurchaseLiability
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Dividends to shareowners     (15,722)us-gaap_PaymentsOfDividends
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Investment product deposits and change in universal life deposits   169,233us-gaap_ProceedsFromAnnuitiesAndInvestmentCertificates
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
696,229us-gaap_ProceedsFromAnnuitiesAndInvestmentCertificates
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Investment product withdrawals   (240,147)us-gaap_RepaymentsOfAnnuitiesAndInvestmentCertificates
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(577,210)us-gaap_RepaymentsOfAnnuitiesAndInvestmentCertificates
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Other financing activities, net   (4)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
 
Net cash provided by financing activities   (130,918)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
173,286us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Change in cash   83,299us-gaap_CashPeriodIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
(59,010)us-gaap_CashPeriodIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cash at beginning of period   379,411us-gaap_Cash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
466,542us-gaap_Cash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
Cash at end of period   $ 462,710us-gaap_Cash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember
$ 407,532us-gaap_Cash
/ us-gaap_StatementScenarioAxis
= us-gaap_PredecessorMember