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FAIR VALUE MEASUREMENTS (Details - Assets and Liabilities Measured at Fair Value on a Recurring Basis) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale $ 258,505 $ 251,086
Other bond securities 5,437 6,682
Equity securities 679 841
Other invested assets 6,561 6,827
Derivative Assets, Fair Value, Gross 8,698 5,026
Derivative assets, Counterparty netting (3,977) (2,427)
Derivative assets, Cash collateral (3,933) (1,806)
Derivative assets 788 793
Short-term investments 6,388 5,343
Other assets 899 3,151
Separate account assets, at fair value 88,742 93,272
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 9,233 6,910
Other policyholder funds 3,447 3,428
Derivative Liabilities, Fair Value, Gross 5,574 4,009
Derivative liabilities, Counterparty netting (3,977) (2,427)
Derivative liabilities, Cash collateral (1,016) (527)
Derivative liabilities 581 1,055
Fortitude Re funds withheld payable 42,033 0
Other liabilities 581 1,100
Long-term debt 2,181 2,062
Fair Value Using Net Asset Value Per Share or its equivalent 4,989 5,549
Level 1    
Fair Value, Liabilities Measured on Recurring Basis    
Fortitude Re funds withheld payable 0  
Level 2    
Fair Value, Liabilities Measured on Recurring Basis    
Fortitude Re funds withheld payable 0  
Level 3    
Fair Value, Liabilities Measured on Recurring Basis    
Fortitude Re funds withheld payable 37,523  
Recurring Basis    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 258,505 251,086
Other bond securities 5,437 6,682
Equity securities 679 841
Other invested assets 1,572 1,278
Derivative assets, Counterparty netting (3,977) (2,427)
Derivative assets, Cash collateral (3,933) (1,806)
Derivative assets, Counterparty netting and cash collateral (7,910) (4,233)
Derivative assets 788 793
Short-term investments 6,388 5,343
Other assets 111 2,358
Separate account assets, at fair value 88,742 93,272
Fair value assets measured on recurring basis, total 362,222 361,653
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 9,233 6,910
Derivative liabilities, Counterparty netting (3,977) (2,427)
Derivative liabilities, Cash collateral (1,016) (527)
Derivative liabilities, Counterparty netting and cash collateral (4,993) (2,954)
Derivative liabilities 581 1,055
Fortitude Re funds withheld payable 4,510  
Other liabilities 0 45
Long-term debt 2,181 2,062
Fair value liabilities measured on recurring basis, total 16,505 10,072
Recurring Basis | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 5,680 3,200
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,615 2,749
Recurring Basis | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,969 1,040
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 663 1,025
Recurring Basis | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,033 769
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 212 139
Recurring Basis | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 3 3
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 74 89
Recurring Basis | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 13 14
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 10 7
Recurring Basis | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 4,802 5,380
Other bond securities 1,912 2,121
Recurring Basis | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,996 15,318
Recurring Basis | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,608 14,869
Other bond securities 0 0
Recurring Basis | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 156,765 149,636
Other bond securities 11 18
Recurring Basis | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 33,112 32,805
Other bond securities 510 489
Recurring Basis | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,999 14,430
Other bond securities 303 322
Recurring Basis | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 18,223 18,648
Other bond securities 2,701 3,732
Recurring Basis | Level 1    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 44 195
Other bond securities 0 0
Equity securities 624 756
Other invested assets 0 0
Derivative Assets, Fair Value, Gross 10 6
Short-term investments 2,458 2,299
Other assets 0 57
Separate account assets, at fair value 84,629 89,069
Fair value assets measured on recurring basis, total 87,765 92,382
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 33 12
Fortitude Re funds withheld payable 0  
Other liabilities 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 33 12
Recurring Basis | Level 1 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 2 1
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 3 4
Recurring Basis | Level 1 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 1 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 8 5
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 30 8
Recurring Basis | Level 1 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 1 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 1 | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 5 135
Other bond securities 0 0
Recurring Basis | Level 1 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Recurring Basis | Level 1 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 39 60
Other bond securities 0 0
Recurring Basis | Level 1 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 2    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 230,989 224,960
Other bond securities 2,691 2,944
Equity securities 12 77
Other invested assets 86 86
Derivative Assets, Fair Value, Gross 8,585 4,826
Short-term investments 3,930 3,044
Other assets 0 2,212
Separate account assets, at fair value 4,113 4,203
Fair value assets measured on recurring basis, total 250,406 242,352
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 5,450 3,905
Fortitude Re funds withheld payable 0  
Other liabilities 0 45
Long-term debt 2,181 2,062
Fair value liabilities measured on recurring basis, total 7,631 6,012
Recurring Basis | Level 2 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 5,678 3,199
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,612 2,745
Recurring Basis | Level 2 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,968 1,034
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 663 1,025
Recurring Basis | Level 2 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 939 593
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 149 111
Recurring Basis | Level 2 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 26 24
Recurring Basis | Level 2 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 2 | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 4,797 5,245
Other bond securities 1,912 2,121
Recurring Basis | Level 2 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 13,717 13,197
Recurring Basis | Level 2 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,564 14,809
Other bond securities 0 0
Recurring Basis | Level 2 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 154,865 147,973
Other bond securities 11 18
Recurring Basis | Level 2 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 20,434 19,397
Other bond securities 342 346
Recurring Basis | Level 2 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 13,850 13,377
Other bond securities 256 272
Recurring Basis | Level 2 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8,762 10,962
Other bond securities 170 187
Recurring Basis | Level 3    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 27,472 25,931
Other bond securities 2,746 3,738
Equity securities 43 8
Other invested assets 1,486 1,192
Derivative Assets, Fair Value, Gross 103 194
Short-term investments 0 0
Other assets 111 89
Separate account assets, at fair value 0 0
Fair value assets measured on recurring basis, total 31,961 31,152
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 9,233 6,910
Derivative Liabilities, Fair Value, Gross 91 92
Fortitude Re funds withheld payable 4,510  
Other liabilities 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 13,834 7,002
Recurring Basis | Level 3 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 3 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 6
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 3 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 86 171
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 33 20
Recurring Basis | Level 3 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 3 3
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 48 65
Recurring Basis | Level 3 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 13 14
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 10 7
Recurring Basis | Level 3 | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 3 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 2,279 2,121
Recurring Basis | Level 3 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 5 0
Other bond securities 0 0
Recurring Basis | Level 3 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 1,900 1,663
Other bond securities 0 0
Recurring Basis | Level 3 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 12,678 13,408
Other bond securities 168 143
Recurring Basis | Level 3 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 1,149 1,053
Other bond securities 47 50
Recurring Basis | Level 3 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 9,461 7,686
Other bond securities $ 2,531 $ 3,545