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REINSURANCE (Details - Summary of the impact of modco and funds withheld) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Effects of Reinsurance [Line Items]        
Net investment income $ 3,800 $ 3,408 $ 9,674 $ 11,032
Net realized capital gains (losses) (1,122) 929 65 887
Loss from continuing operations before income tax benefit 368 1,260 (6,735) 4,251
Income tax benefit 74 287 (918) 950
Net loss $ 299 $ 973 $ (5,813) $ 3,300
U.S. federal income tax at statutory rate (as a percent) 21.00% 21.00% 21.00% 21.00%
Fortitude Re funds withheld assets        
Effects of Reinsurance [Line Items]        
Net investment income [1] $ 458 $ 0 $ 574 $ 0
Net realized capital gains (losses) [1] 32 $ 0 128 $ 0
Fortitude Holdings        
Effects of Reinsurance [Line Items]        
Net underwriting income 0   0  
Net investment income 458   574  
Net realized capital gains (losses) (624)   (1,365)  
Loss from continuing operations before income tax benefit (166)   (791)  
Income tax benefit (35)   (166)  
Net loss (131)   (625)  
Change in net unrealized gains (losses) on real estate investments 132   570  
Total economic impact to AIG 1   (55)  
Fortitude Holdings | Fortitude Re funds withheld assets        
Effects of Reinsurance [Line Items]        
Net realized capital gains (losses) 32   128  
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives        
Effects of Reinsurance [Line Items]        
Net realized capital gains (losses) $ (656)   $ (1,493)  
[1] Represents activity subsequent to the deconsolidation of Fortitude Re on June 2, 2020.