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LIABILITY FOR UNPAID CLAIMS AND CLAIMS ADJUSTMENT EXPENSE, FUTURE POLICY BENEFITS FOR LIFE AND ACCIDENT AND HEALTH INSURANCE CONTRACTS, AND POLICYHOLDER CONTRACT DEPOSITS (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
LIABILITY FOR UNPAID CLAIMS AND CLAIMS ADJUSTMENT EXPENSE, FUTURE POLICY BENEFITS FOR LIFE AND ACCIDENT AND HEALTH INSURANCE CONTRACTS, AND POLICYHOLDER CONTRACT DEPOSITS      
Gross loss reserves before reinsurance and discount, net of contractual deductible recoverable amounts due from policyholders $ 12,000,000,000 $ 11,700,000,000  
Collateral held for deductible recoverable amounts 9,000,000,000 8,300,000,000  
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:      
Liability for unpaid claims and claims adjustment expense, balance at the beginning of the year 87,991,000,000 91,145,000,000 91,151,000,000
Reinsurance recoverable, balance at the beginning of the year (19,209,000,000) (20,320,000,000) (19,644,000,000)
Liability for unpaid claims and claims adjustment expense, Net of Reinsurance 68,782,000,000 70,825,000,000 71,507,000,000
Foreign exchange effect (617,000,000) (90,000,000) 353,000,000
Dispositions (79,000,000) (11,000,000)  
Changes in net loss reserves due to retroactive asbestos reinsurance transaction 22,000,000 90,000,000 (1,703,000,000)
Total 68,108,000,000 70,814,000,000 70,157,000,000
Losses and loss expenses incurred      
Current year 22,171,000,000 25,385,000,000 27,931,000,000
Prior years, other than accretion of discount 557,000,000 421,000,000 195,000,000
Prior years, accretion of discount (309,000,000) (63,000,000) 34,000,000
Total 22,419,000,000 25,743,000,000 28,160,000,000
Losses and loss expenses paid      
Current year 7,431,000,000 8,450,000,000 11,534,000,000
Prior years 18,780,000,000 19,325,000,000 15,958,000,000
Total 26,211,000,000 27,775,000,000 27,492,000,000
Net liability for unpaid claims and claims adjustment expense, balance at the end of the year 64,316,000,000 68,782,000,000 70,825,000,000
Reinsurance recoverable, balance at the end of the year 17,231,000,000 19,209,000,000 20,320,000,000
Total, balance at the end of the year 81,547,000,000 87,991,000,000 91,145,000,000
Foreign exchange effect reclassified losses and loss expenses paid (current year)   847,000,000  
Decrease in foreign exchange effect   847,000,000  
Loss sensitive premium adjustment 89,000,000 54,000,000 172,000,000
Excess Casualty
     
Losses and loss expenses incurred      
Total 144,000,000 157,000,000 (588,000,000)
Environmental and pollution
     
Losses and loss expenses incurred      
Total 269,000,000 200,000,000 385,000,000
Primary casualty
     
Losses and loss expenses incurred      
Total 498,000,000 531,000,000 686,000,000
Healthcare
     
Losses and loss expenses incurred      
Total $ 54,000,000 $ 68,000,000 $ 45,000,000