OPERATING SEGMENTS (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		5 Months Ended	6 Months Ended
	Jan. 31, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Feb. 01, 2015	Dec. 31, 2014
Summarized financial information for the company's segments
Revenues		$ 1,018,761		$ 1,741,088
Segment Operating Income (Loss)		99,081		188,808
Realized investment (losses) gains - investments		(115,706)		(158,639)
Realized investment (losses) gains - derivatives		113,535		159,568
Income tax expense		(33,070)		(63,036)
Net Income		63,840		126,701
Realized gain (losses) on investments
Investment gains (losses) - gross		(108,071)		(143,127)
Less: amortization related to DAC/VOBA and benefits and settlement expenses		7,635		15,512
Realized investment gains (losses) - investments		(115,706)		(158,639)
Realized gain (losses) on derivatives
Realized investment gains (losses) - derivatives, gross		94,603		128,244
Less: VA GMWB economic cost		(18,932)		(31,324)
Realized investment gains (losses) - derivatives		113,535		159,568
Other-than-temporary impairments		5,734		5,734
Operating Segment Assets
Investments and other assets		66,508,646		66,508,646
Deferred policy acquisition costs and value of business acquired		1,393,926		1,393,926
Other intangibles		665,787		665,787
Goodwill		735,712		735,712		$ 735,700
Total assets		69,304,071		69,304,071
Operating | Life Marketing
Summarized financial information for the company's segments
Revenues		379,122		651,298
Segment Operating Income (Loss)		6,651		10,076
Operating Segment Assets
Investments and other assets		13,170,634		13,170,634
Deferred policy acquisition costs and value of business acquired		1,051,702		1,051,702
Other intangibles		329,102		329,102
Goodwill		203,543		203,543
Total assets		14,754,981		14,754,981
Operating | Acquisitions
Summarized financial information for the company's segments
Revenues		363,985		622,774
Segment Operating Income (Loss)		37,876		73,946
Operating Segment Assets
Investments and other assets		20,223,282		20,223,282
Deferred policy acquisition costs and value of business acquired		(190,193)		(190,193)
Other intangibles		40,936		40,936
Goodwill		14,524		14,524
Total assets		20,088,549		20,088,549
Operating | Annuities
Summarized financial information for the company's segments
Revenues		145,085		248,454
Segment Operating Income (Loss)		49,189		87,374
Operating Segment Assets
Investments and other assets		20,271,514		20,271,514
Deferred policy acquisition costs and value of business acquired		490,973		490,973
Other intangibles		203,446		203,446
Goodwill		336,677		336,677
Total assets		21,302,610		21,302,610
Operating | Stable Value Products
Summarized financial information for the company's segments
Revenues		16,656		26,998
Segment Operating Income (Loss)		9,349		15,464
Operating Segment Assets
Investments and other assets		1,737,745		1,737,745
Other intangibles		9,722		9,722
Goodwill		113,813		113,813
Total assets		1,861,280		1,861,280
Operating | Asset Protection
Summarized financial information for the company's segments
Revenues		69,680		113,707
Segment Operating Income (Loss)		5,897		9,944
Operating Segment Assets
Investments and other assets		858,958		858,958
Deferred policy acquisition costs and value of business acquired		41,444		41,444
Other intangibles		82,581		82,581
Goodwill		67,155		67,155
Total assets		1,050,138		1,050,138
Operating | Corporate and Other
Summarized financial information for the company's segments
Revenues		44,233		77,857
Segment Operating Income (Loss)		(9,881)		(7,996)
Operating Segment Assets
Investments and other assets		10,235,479		10,235,479
Total assets		10,235,479		10,235,479
Adjustments
Operating Segment Assets
Investments and other assets		11,034		11,034
Total assets		$ 11,034		$ 11,034
Predecessor
Summarized financial information for the company's segments
Revenues	$ 340,909		$ 1,155,343		$ 2,245,901
Segment Operating Income (Loss)	28,485		159,755		304,790
Realized investment (losses) gains - investments	89,815		74,920		143,453
Realized investment (losses) gains - derivatives	(117,118)		(72,465)		(160,828)
Income tax expense	327		(54,233)		(95,799)
Net Income	1,509		107,977		191,616
Realized gain (losses) on investments
Investment gains (losses) - gross	80,672		78,688		149,211
Less: amortization related to DAC/VOBA and benefits and settlement expenses	(9,143)		3,768		5,758
Realized investment gains (losses) - investments	89,815		74,920		143,453
Realized gain (losses) on derivatives
Realized investment gains (losses) - derivatives, gross	(123,274)		(89,926)		(195,276)
Less: VA GMWB economic cost	(6,156)		(17,461)		(34,448)
Realized investment gains (losses) - derivatives	(117,118)		(72,465)		(160,828)
Other-than-temporary impairments	481		1,460		3,051
Operating Segment Assets
Investments and other assets							$ 67,083,371
Deferred policy acquisition costs and value of business acquired							3,294,570
Goodwill							102,365
Total assets							70,480,306
Predecessor | Operating | Life Marketing
Summarized financial information for the company's segments
Revenues	145,595		407,032		791,798
Segment Operating Income (Loss)	(1,618)		26,349		49,834
Operating Segment Assets
Investments and other assets							13,858,491
Deferred policy acquisition costs and value of business acquired							1,973,156
Goodwill							10,192
Total assets							15,841,839
Predecessor | Operating | Acquisitions
Summarized financial information for the company's segments
Revenues	139,761		438,244		865,192
Segment Operating Income (Loss)	20,134		64,882		125,878
Operating Segment Assets
Investments and other assets							19,858,284
Deferred policy acquisition costs and value of business acquired							600,482
Goodwill							29,419
Total assets							20,488,185
Predecessor | Operating | Annuities
Summarized financial information for the company's segments
Revenues	7,884		155,417		300,074
Segment Operating Income (Loss)	13,164		55,258		106,901
Operating Segment Assets
Investments and other assets							20,783,373
Deferred policy acquisition costs and value of business acquired							684,574
Total assets							21,467,947
Predecessor | Operating | Stable Value Products
Summarized financial information for the company's segments
Revenues	8,181		27,109		54,928
Segment Operating Income (Loss)	4,529		17,287		34,684
Operating Segment Assets
Investments and other assets							1,958,867
Deferred policy acquisition costs and value of business acquired							621
Total assets							1,959,488
Predecessor | Operating | Asset Protection
Summarized financial information for the company's segments
Revenues	21,953		70,870		137,253
Segment Operating Income (Loss)	2,420		8,534		14,903
Operating Segment Assets
Investments and other assets							927,202
Deferred policy acquisition costs and value of business acquired							35,418
Goodwill							62,671
Total assets							1,025,291
Predecessor | Operating | Corporate and Other
Summarized financial information for the company's segments
Revenues	17,535		56,671		96,656
Segment Operating Income (Loss)	$ (10,144)		$ (12,555)		$ (27,410)
Operating Segment Assets
Investments and other assets							9,682,362
Deferred policy acquisition costs and value of business acquired							319
Goodwill							83
Total assets							9,682,764
Predecessor | Adjustments
Operating Segment Assets
Investments and other assets							14,792
Total assets							$ 14,792