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FAIR VALUE DISCLOSURES - Fair Value Measurement Reconciliation For All Levels (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total gains and (losses), realized and unrealized, included in:        
Transfers into Level 3     $ 57 $ 11
Transfers out of Level 3     (88) (301)
Level 3 | Corporate        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance $ 2,238 $ 1,914 2,070 2,103
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 2 2 4 3
Investment gains (losses), net (1) (8) (2) (11)
Subtotal 1 (6) 2 (8)
Other comprehensive income (loss) 0 (8) 10 10
Purchases 124 180 325 323
Sales (323) (72) (377) (162)
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 11 57 11
Transfers out of Level 3 0 (43) (47) (301)
Closing Balance 2,040 1,976 2,040 1,976
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 (8) 10 9
Level 3 | State and Political Subdivisions        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 0 28 27 29
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 1 0 0
Purchases 0 0 0 0
Sales 0 (2) 0 (2)
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 (27) 0
Closing Balance 0 27 0 27
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 1 0 1
Level 3 | Asset-backed        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 33 12 24 0
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases (6) (12) 17 0
Sales 0 0 0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 (14) 0
Closing Balance 27 0 27 0
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | CMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 6 34 6 32
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 2
Sales 0 0 0 0
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 6 34 6 34
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Other equity investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 58 14 57 17
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 1 (3)
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 1 (3)
Other comprehensive income (loss) 0 0 0 0
Purchases (42) 44 0 44
Sales 39 0 (3) 0
Change in fair value of funds withheld assets 0   0  
Other 0 0 0  
Activity related to consolidated VIEs/VOEs 0 47 0 47
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 55 105 55 105
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 (3)
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Separate Accounts Assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1 1 0 1
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 0 0
Investment gains (losses), net 0 0 0 0
Subtotal 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Purchases (1) 0 0 0
Sales 0 0 0 0
Change in fair value of funds withheld assets 0   0  
Other 0 0 0  
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance 0 1 0 1
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Funds Withheld Payable        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (29) 0 100 0
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 0 0
Investment gains (losses), net 0 (136) 0 (136)
Subtotal 0 (136) 0 (136)
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Change in fair value of funds withheld assets (58)   (187)  
Other 0 0 0  
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance (87) (136) (87) (136)
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period 0 0 0 0
Level 3 | Modco Payable        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (292) 0 (411) 0
Total gains and (losses), realized and unrealized, included in:        
Investment gains (losses), reported in net investment income 0 0 0 0
Investment gains (losses), net 0 166 0 166
Subtotal 0 166 0 166
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Change in fair value of funds withheld assets 109   228  
Other 0 0 0  
Activity related to consolidated VIEs/VOEs 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Closing Balance (183) 166 (183) 166
Change in unrealized gains or losses for the period included in earnings for instruments held at the end of the reporting period 0 0 0 0
Change in unrealized gains or losses for the period included in other comprehensive income for instruments held at the end of the reporting period $ 0 $ 0 $ 0 $ 0