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OFFSETTING OF ASSETS AND LIABILITIES (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets $ 294,769  
Net Amounts of Assets Presented in the Statement of Financial Position 294,769  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 148,469  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 121,347  
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement 95,491  
Total derivatives    
Gross Amounts of Recognized Assets 390,260  
Net Amounts of Assets Presented in the Statement of Financial Position 390,260  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 148,469  
Total derivatives, Net Amount 216,838  
Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 294,769  
Net Amounts of Assets Presented in the Statement of Financial Position 294,769  
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments 24,953  
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received 148,469  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 121,347  
Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 859  
Net Amounts of Assets Presented in the Statement of Financial Position 859  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 859  
Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 94,344  
Net Amounts of Assets Presented in the Statement of Financial Position 94,344  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount 94,344  
Other    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets 288  
Net Amounts of Assets Presented in the Statement of Financial Position 288  
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount $ 288  
Predecessor    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   $ 225,716
Net Amounts of Assets Presented in the Statement of Financial Position   225,716
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received   73,935
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   98,169
Total derivatives, not subject to a master netting arrangement or similar arrangement    
Total derivatives, not subject to a master netting arrangement or similar arrangement   68,254
Total derivatives    
Gross Amounts of Recognized Assets   293,970
Net Amounts of Assets Presented in the Statement of Financial Position   293,970
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received   73,935
Total derivatives, Net Amount   166,423
Predecessor | Free-Standing derivatives    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   225,716
Net Amounts of Assets Presented in the Statement of Financial Position   225,716
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments   53,612
Gross Amounts Not Offset in the Statement of Financial Position, Cash Collateral Received   73,935
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   98,169
Predecessor | Embedded derivative - Modco reinsurance treaties    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   1,051
Net Amounts of Assets Presented in the Statement of Financial Position   1,051
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   1,051
Predecessor | Embedded derivative - GMWB    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   66,843
Net Amounts of Assets Presented in the Statement of Financial Position   66,843
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   66,843
Predecessor | Other    
Total derivatives, subject to a master netting arrangement or similar arrangement    
Gross Amounts of Recognized Assets   360
Net Amounts of Assets Presented in the Statement of Financial Position   360
Total derivatives, subject to a master netting arrangement or similar arrangement, Net Amount   $ 360