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INSURANCE LIABILITIES (Details - Liability for Unpaid Losses and Loss Adjustment Expenses) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Jan. 20, 2017
Supplementary Insurance Information, by Segment [Line Items]            
Contractual deductible recoverable amount $ 12,500   $ 12,500   $ 12,600  
Collateral Held For Deductible Recoverable Amounts 9,300   9,300   9,200  
Allowance for credit losses for unsecured reinsurance recoverable 14   14   $ 14  
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:            
Liability for unpaid loss and loss adjustment expenses, beginning of period 78,832 $ 77,747 77,720 $ 78,328    
Reinsurance recoverable, balance at the beginning of the period (35,271) (31,114) (34,431) (31,069)    
Initial allowance upon CECL adoption 0 0 0 164    
Net Liability for unpaid loss and loss adjustment expenses, beginning of period 43,561 46,633 43,289 47,423    
Losses and loss adjustment expenses incurred            
Current year 3,870 4,248 7,795 8,359    
Prior years, excluding discount and amortization of deferred gain (29) (25) (13) (26)    
Prior years, discount charge (benefit) 34 34 16 110    
Prior years, amortization of deferred gain on retroactive reinsurance (22) (76) (94) (151)    
Total losses and loss adjustment expenses incurred 3,853 4,181 7,704 8,292    
Losses and loss adjustment expenses paid            
Current year (895) (910) (1,223) (1,252)    
Prior years (2,620) (3,790) (6,204) (8,141)    
Total losses and loss adjustment expenses paid (3,515) (4,700) (7,427) (9,393)    
Other changes:            
Foreign exchange effect 113 (39) 357 (269)    
Allowance for credit losses 0 0 0 0    
Retroactive reinsurance adjustment (net of discount) 103 138 192 160    
Fortitude sale 0 (3,818) 0 (3,818)    
Total other changes 216 (3,719) 549 (3,927)    
Net liability for unpaid losses and loss adjustment expenses, end of period 44,115 42,395 44,115 42,395    
Reinsurance recoverable, balance at the end of the period 34,866 35,458 34,866 35,458    
Total, balance at the end of period 78,981 77,853 78,981 77,853    
Change in discount on loss reserves ceded under retroactive reinsurance 17 (14) 56 58    
U.S. Commercial long-tail exposures | NICO | Accident Years 2015 and Prior            
Other changes:            
Discount on retroactive reinsurance $ 1 $ 11 $ 18 $ 19    
Risk Transferred - U.S. Commercial long-tail exposures for accident years 2015 and prior, percent           80.00%
Reinsurance Percent Ceded on Paid Losses Percent           80.00%
Ceded to NICO net paid losses in excess           $ 25,000
Ceded to NICO net paid losses in excess, aggregate limit           25,000
NICO's limit of liability under the contract           20,000
Consideration paid, including interest           $ 10,200