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FAIR VALUE MEASUREMENTS (Details - Assets and Liabilities Measured at Fair Value on a Recurring Basis) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale $ 265,965 $ 251,086
Other bond securities 5,415 6,682
Equity securities 871 841
Other invested assets 7,064 6,827
Derivative Assets, Fair Value, Gross 7,613 5,026
Derivative assets, Counterparty netting (3,695) (2,427)
Derivative assets, Cash collateral (3,129) (1,806)
Derivative assets 789 793
Short-term investments 7,214 5,343
Other assets 901 3,151
Separate account assets, at fair value 92,036 93,272
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 9,322 6,910
Other policyholder funds 3,571 3,428
Derivative Liabilities, Fair Value, Gross 5,355 4,009
Derivative liabilities, Counterparty netting (3,695) (2,427)
Derivative liabilities, Cash collateral (1,060) (527)
Derivative liabilities 600 1,055
Fortitude Re funds withheld payable 42,543 0
Other liabilities 600 1,100
Long-term debt 2,169 2,062
Fair Value Using Net Asset Value Per Share or its equivalent 5,387 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 37,407  
Recurring Basis    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 265,965 251,086
Other bond securities 5,415 6,682
Equity securities 871 841
Other invested assets 1,677 1,278
Derivative assets, Counterparty netting (3,695) (2,427)
Derivative assets, Cash collateral (3,129) (1,806)
Derivative assets, Counterparty netting and cash collateral (6,824) (4,233)
Derivative assets 789 793
Short-term investments 7,214 5,343
Other assets 112 2,358
Separate account assets, at fair value 92,036 93,272
Fair value assets measured on recurring basis, total 374,079 361,653
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 9,322 6,910
Derivative liabilities, Counterparty netting (3,695) (2,427)
Derivative liabilities, Cash collateral (1,060) (527)
Derivative liabilities, Counterparty netting and cash collateral (4,755) (2,954)
Derivative liabilities 600 1,055
Fortitude Re funds withheld payable 5,136  
Other liabilities 0 45
Long-term debt 2,169 2,062
Fair value liabilities measured on recurring basis, total 17,227 10,072
Recurring Basis | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 5,054 3,200
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,559 2,749
Recurring Basis | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,588 1,040
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 619 1,025
Recurring Basis | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 957 769
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 101 139
Recurring Basis | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 3
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 69 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 7 7
Recurring Basis | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 5,135 5,380
Other bond securities 1,870 2,121
Recurring Basis | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 16,173 15,318
Recurring Basis | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,174 14,869
Other bond securities 0 0
Recurring Basis | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 162,106 149,636
Other bond securities 12 18
Recurring Basis | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 33,414 32,805
Other bond securities 488 489
Recurring Basis | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,777 14,430
Other bond securities 322 322
Recurring Basis | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 18,186 18,648
Other bond securities 2,723 3,732
Recurring Basis | Level 1    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 74 195
Other bond securities 0 0
Equity securities 827 756
Other invested assets 0 0
Derivative Assets, Fair Value, Gross 9 6
Short-term investments 3,195 2,299
Other assets 0 57
Separate account assets, at fair value 88,023 89,069
Fair value assets measured on recurring basis, total 92,128 92,382
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 12 12
Fortitude Re funds withheld payable 0  
Other liabilities 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 12 12
Recurring Basis | Level 1 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 3 1
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 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 6 5
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 12 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 33 135
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 41 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 238,597 224,960
Other bond securities 2,644 2,944
Equity securities 18 77
Other invested assets 94 86
Derivative Assets, Fair Value, Gross 7,477 4,826
Short-term investments 4,019 3,044
Other assets 0 2,212
Separate account assets, at fair value 4,013 4,203
Fair value assets measured on recurring basis, total 256,862 242,352
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 5,286 3,905
Fortitude Re funds withheld payable 0  
Other liabilities 0 45
Long-term debt 2,169 2,062
Fair value liabilities measured on recurring basis, total 7,455 6,012
Recurring Basis | Level 2 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 5,051 3,199
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,559 2,745
Recurring Basis | Level 2 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,585 1,034
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 619 1,025
Recurring Basis | Level 2 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 841 593
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 84 111
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 24 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 5,102 5,245
Other bond securities 1,870 2,121
Recurring Basis | Level 2 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 13,990 13,197
Recurring Basis | Level 2 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,126 14,809
Other bond securities 0 0
Recurring Basis | Level 2 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 159,991 147,973
Other bond securities 12 18
Recurring Basis | Level 2 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 20,759 19,397
Other bond securities 320 346
Recurring Basis | Level 2 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,796 13,377
Other bond securities 274 272
Recurring Basis | Level 2 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8,833 10,962
Other bond securities 168 187
Recurring Basis | Level 3    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 27,294 25,931
Other bond securities 2,771 3,738
Equity securities 26 8
Other invested assets 1,583 1,192
Derivative Assets, Fair Value, Gross 127 194
Short-term investments 0 0
Other assets 112 89
Separate account assets, at fair value 0 0
Fair value assets measured on recurring basis, total 31,913 31,152
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 9,322 6,910
Derivative Liabilities, Fair Value, Gross 57 92
Fortitude Re funds withheld payable 5,136  
Other liabilities 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 14,515 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 3 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 110 171
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 5 20
Recurring Basis | Level 3 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 3
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 45 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 7 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 2,183 2,121
Recurring Basis | Level 3 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 7 0
Other bond securities 0 0
Recurring Basis | Level 3 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 2,115 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 12,655 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 981 1,053
Other bond securities 48 50
Recurring Basis | Level 3 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 9,353 7,686
Other bond securities $ 2,555 $ 3,545