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INVESTMENTS - AFS in Continuous Unrealized Loss Position (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value $ 13,074,946 $ 30,113,886
Less than 12 months, Unrealized losses (511,585) (4,017,293)
12 months or more, Fair value 47,396,528 27,191,183
12 months or more, Unrealized losses (10,086,297) (7,588,946)
Total, Fair value 60,471,474 57,305,069
Total, Unrealized losses (10,597,882) (11,606,239)
U.S. government and agencies    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 177,322 122,272
Less than 12 months, Unrealized losses (2,918) (52,639)
12 months or more, Fair value 198,376 108,498
12 months or more, Unrealized losses (66,767) (19,855)
Total, Fair value 375,698 230,770
Total, Unrealized losses (69,685) (72,494)
U.S. state, municipal and political subdivisions    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 321,202 2,321,404
Less than 12 months, Unrealized losses (13,832) (605,698)
12 months or more, Fair value 3,766,538 1,780,984
12 months or more, Unrealized losses (1,053,025) (628,176)
Total, Fair value 4,087,740 4,102,388
Total, Unrealized losses (1,066,857) (1,233,874)
Corporate    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 8,821,425 14,792,384
Less than 12 months, Unrealized losses (339,357) (2,114,695)
12 months or more, Fair value 25,974,990 17,943,907
12 months or more, Unrealized losses (7,058,500) (5,869,646)
Total, Fair value 34,796,415 32,736,291
Total, Unrealized losses (7,397,857) (7,984,341)
Residential mortgage-backed securities, or “RMBS”    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 1,633,807 3,998,737
Less than 12 months, Unrealized losses (49,552) (442,543)
12 months or more, Fair value 4,845,271 2,068,529
12 months or more, Unrealized losses (646,828) (391,669)
Total, Fair value 6,479,078 6,067,266
Total, Unrealized losses (696,380) (834,212)
Collateralized bond obligations, or “CBOs”    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 0 1,351,552
Less than 12 months, Unrealized losses 0 (103,499)
12 months or more, Fair value 2,781,731 1,482,099
12 months or more, Unrealized losses (213,268) (114,274)
Total, Fair value 2,781,731 2,833,651
Total, Unrealized losses (213,268) (217,773)
Commercial mortgage-backed securities, or “CMBS”    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 545,960 4,054,053
Less than 12 months, Unrealized losses (59,584) (445,168)
12 months or more, Fair value 6,045,832 2,338,517
12 months or more, Unrealized losses (741,599) (389,567)
Total, Fair value 6,591,792 6,392,570
Total, Unrealized losses (801,183) (834,735)
CLOs    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 688,364 1,862,608
Less than 12 months, Unrealized losses (4,229) (139,766)
12 months or more, Fair value 2,258,563 636,014
12 months or more, Unrealized losses (140,091) (60,394)
Total, Fair value 2,946,927 2,498,622
Total, Unrealized losses (144,320) (200,160)
Asset-backed securities, or “ABSs”    
Debt Securities, Available-for-sale [Line Items]    
Less than 12 months, Fair value 886,866 1,610,876
Less than 12 months, Unrealized losses (42,113) (113,285)
12 months or more, Fair value 1,525,227 832,635
12 months or more, Unrealized losses (166,219) (115,365)
Total, Fair value 2,412,093 2,443,511
Total, Unrealized losses $ (208,332) $ (228,650)