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INVESTMENTS - Net Investment Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net Investment Income [Line Items]        
Gross investment income $ 94 $ 85 $ 185 $ 172
Less: investment expenses (19) (7) (40) (18)
Net investment income 75 78 145 154
Retained Business        
Net Investment Income [Line Items]        
Gross investment income 78 65 155 130
Less: investment expenses (19) (7) (40) (16)
Net investment income 59 58 115 114
Ceded Business        
Net Investment Income [Line Items]        
Gross investment income 16 20 30 42
Less: investment expenses 0 0 0 (2)
Net investment income 16 20 30 40
Fixed maturity securities        
Net Investment Income [Line Items]        
Gross investment income 75 64 147 125
Fixed maturity securities | Retained Business        
Net Investment Income [Line Items]        
Gross investment income 62 51 122 98
Fixed maturity securities | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income 13 13 25 27
Equity securities        
Net Investment Income [Line Items]        
Gross investment income   1   2
Equity securities | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   0   0
Equity securities | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   1   2
Mortgage loans        
Net Investment Income [Line Items]        
Gross investment income 8 4 16 8
Mortgage loans | Retained Business        
Net Investment Income [Line Items]        
Gross investment income 8 4 16 8
Mortgage loans | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income 0 0 0 0
Other invested assets        
Net Investment Income [Line Items]        
Gross investment income 1 7 2 20
Other invested assets | Retained Business        
Net Investment Income [Line Items]        
Gross investment income 0 7 3 19
Other invested assets | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income 1 0 (1) 1
Short-term investments and cash equivalents        
Net Investment Income [Line Items]        
Gross investment income 10 9 20 17
Short-term investments and cash equivalents | Retained Business        
Net Investment Income [Line Items]        
Gross investment income 8 3 14 5
Short-term investments and cash equivalents | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income 2 6 6 12
Repurchase agreements        
Net Investment Income [Line Items]        
Less: investment expenses $ (18) $ (4)    
Repurchase agreements | Retained Business        
Net Investment Income [Line Items]        
Less: investment expenses     $ (33) $ (9)