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FAIR VALUE MEASUREMENTS - Fair Value Hierarchy Levels of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Fixed maturity securities, available-for-sale $ 65,269 $ 73,290
Equity securities 796 1,088
Other investments 1,599 1,304
Cash and cash equivalents 6,229 4,306
Asset derivatives 240 337
Total assets 74,133 80,325
Liabilities:    
Liability derivatives 933 1,430
Total liabilities 933 1,430
Foreign currency swaps    
Assets:    
Asset derivatives 55 86
Liabilities:    
Liability derivatives 604 507
Foreign currency forwards    
Assets:    
Asset derivatives 185 238
Liabilities:    
Liability derivatives   504
Foreign currency options    
Assets:    
Asset derivatives   2
Interest rate swaps    
Assets:    
Asset derivatives   11
Liabilities:    
Liability derivatives 329 419
Government and agencies    
Assets:    
Fixed maturity securities, available-for-sale 17,846 22,600
Municipalities    
Assets:    
Fixed maturity securities, available-for-sale 2,034 2,298
Mortgage- and asset-backed securities    
Assets:    
Fixed maturity securities, available-for-sale 3,563 3,086
Public utilities    
Assets:    
Fixed maturity securities, available-for-sale 7,045 7,592
Sovereign and supranational    
Assets:    
Fixed maturity securities, available-for-sale 416 537
Banks/financial institutions    
Assets:    
Fixed maturity securities, available-for-sale 8,956 8,835
Other corporate    
Assets:    
Fixed maturity securities, available-for-sale 25,409 28,342
Level 1    
Assets:    
Fixed maturity securities, available-for-sale 17,088 21,700
Equity securities 639 840
Other investments 1,599 1,304
Cash and cash equivalents 6,229 4,306
Asset derivatives 0 0
Total assets 25,555 28,150
Liabilities:    
Total liabilities 0 0
Level 1 | Foreign currency swaps    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives   0
Level 1 | Foreign currency options    
Assets:    
Asset derivatives   0
Level 1 | Interest rate swaps    
Assets:    
Asset derivatives   0
Liabilities:    
Liability derivatives 0 0
Level 1 | Government and agencies    
Assets:    
Fixed maturity securities, available-for-sale 17,088 21,700
Level 1 | Municipalities    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 1 | Mortgage- and asset-backed securities    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 1 | Public utilities    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 1 | Sovereign and supranational    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 1 | Banks/financial institutions    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 1 | Other corporate    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 2    
Assets:    
Fixed maturity securities, available-for-sale 46,114 49,809
Equity securities 0 0
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 240 337
Total assets 46,354 50,146
Liabilities:    
Total liabilities 933 1,430
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 55 86
Liabilities:    
Liability derivatives 604 507
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 185 238
Liabilities:    
Liability derivatives   504
Level 2 | Foreign currency options    
Assets:    
Asset derivatives   2
Level 2 | Interest rate swaps    
Assets:    
Asset derivatives   11
Liabilities:    
Liability derivatives 329 419
Level 2 | Government and agencies    
Assets:    
Fixed maturity securities, available-for-sale 758 900
Level 2 | Municipalities    
Assets:    
Fixed maturity securities, available-for-sale 2,034 2,298
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Fixed maturity securities, available-for-sale 2,407 2,314
Level 2 | Public utilities    
Assets:    
Fixed maturity securities, available-for-sale 6,398 7,339
Level 2 | Sovereign and supranational    
Assets:    
Fixed maturity securities, available-for-sale 393 507
Level 2 | Banks/financial institutions    
Assets:    
Fixed maturity securities, available-for-sale 8,946 8,757
Level 2 | Other corporate    
Assets:    
Fixed maturity securities, available-for-sale 25,178 27,694
Level 3    
Assets:    
Fixed maturity securities, available-for-sale 2,067 1,781
Equity securities 157 248
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 0 0
Total assets 2,224 2,029
Liabilities:    
Total liabilities 0 0
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives   0
Level 3 | Foreign currency options    
Assets:    
Asset derivatives   0
Level 3 | Interest rate swaps    
Assets:    
Asset derivatives   0
Liabilities:    
Liability derivatives 0 0
Level 3 | Government and agencies    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 3 | Municipalities    
Assets:    
Fixed maturity securities, available-for-sale 0 0
Level 3 | Mortgage- and asset-backed securities    
Assets:    
Fixed maturity securities, available-for-sale 1,156 772
Level 3 | Public utilities    
Assets:    
Fixed maturity securities, available-for-sale 647 253
Level 3 | Sovereign and supranational    
Assets:    
Fixed maturity securities, available-for-sale 23 30
Level 3 | Banks/financial institutions    
Assets:    
Fixed maturity securities, available-for-sale 10 78
Level 3 | Other corporate    
Assets:    
Fixed maturity securities, available-for-sale $ 231 $ 648