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FAIR VALUE MEASUREMENTS - Fair Value Hierarchy Levels of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Available-for-sale securities [1] $ 89,033 [2] $ 84,313 [3]
Equity securities [1],[4] 1,108  
Asset derivatives 797 331
Other Investments   57
Cash and cash equivalents 4,080 3,491
Total assets 95,018 89,215
Liabilities:    
Liability derivatives 353 474
Total liabilities 353 474
Foreign currency swaps    
Assets:    
Asset derivatives 370 296
Liabilities:    
Liability derivatives 265 197
Foreign currency forwards    
Assets:    
Asset derivatives 426 22
Liabilities:    
Liability derivatives 85 274
Foreign currency options    
Assets:    
Asset derivatives   12
Liabilities:    
Liability derivatives 3 3
Credit default swaps    
Assets:    
Asset derivatives 1 1
Fixed maturities    
Assets:    
Available-for-sale securities [1] 89,033 84,313
Fixed maturities | Government and agencies    
Assets:    
Available-for-sale securities 36,736 31,230
Fixed maturities | Municipalities    
Assets:    
Available-for-sale securities 1,373 1,370
Fixed maturities | Mortgage- and asset-backed securities    
Assets:    
Available-for-sale securities 455 444
Fixed maturities | Public utilities    
Assets:    
Available-for-sale securities 7,807 7,954
Fixed maturities | Sovereign and supranational    
Assets:    
Available-for-sale securities 1,866 1,909
Fixed maturities | Banks/financial institutions    
Assets:    
Available-for-sale securities 9,144 8,933
Fixed maturities | Other corporate    
Assets:    
Available-for-sale securities 31,652 32,473
Equity securities    
Assets:    
Available-for-sale securities   1,023
Level 1    
Assets:    
Available-for-sale securities 35,325 30,109
Equity securities 1,015  
Asset derivatives 0 0
Other Investments   57
Cash and cash equivalents 4,080 3,491
Total assets 40,420 34,658
Liabilities:    
Total liabilities 0 0
Level 1 | Foreign currency swaps    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Foreign currency options    
Assets:    
Asset derivatives   0
Liabilities:    
Liability derivatives 0 0
Level 1 | Credit default swaps    
Assets:    
Asset derivatives 0 0
Level 1 | Fixed maturities    
Assets:    
Available-for-sale securities 35,325 30,109
Level 1 | Fixed maturities | Government and agencies    
Assets:    
Available-for-sale securities 35,325 30,109
Level 1 | Fixed maturities | Municipalities    
Assets:    
Available-for-sale securities 0 0
Level 1 | Fixed maturities | Mortgage- and asset-backed securities    
Assets:    
Available-for-sale securities 0 0
Level 1 | Fixed maturities | Public utilities    
Assets:    
Available-for-sale securities 0 0
Level 1 | Fixed maturities | Sovereign and supranational    
Assets:    
Available-for-sale securities 0 0
Level 1 | Fixed maturities | Banks/financial institutions    
Assets:    
Available-for-sale securities 0 0
Level 1 | Fixed maturities | Other corporate    
Assets:    
Available-for-sale securities 0 0
Level 1 | Equity securities    
Assets:    
Available-for-sale securities   1,001
Level 2    
Assets:    
Available-for-sale securities 53,272 53,790
Equity securities 77  
Asset derivatives 556 180
Other Investments   0
Cash and cash equivalents 0 0
Total assets 53,905 53,976
Liabilities:    
Total liabilities 267 346
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 130 146
Liabilities:    
Liability derivatives 179 69
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 426 22
Liabilities:    
Liability derivatives 85 274
Level 2 | Foreign currency options    
Assets:    
Asset derivatives   12
Liabilities:    
Liability derivatives 3 3
Level 2 | Credit default swaps    
Assets:    
Asset derivatives 0 0
Level 2 | Fixed maturities    
Assets:    
Available-for-sale securities 53,272 53,790
Level 2 | Fixed maturities | Government and agencies    
Assets:    
Available-for-sale securities 1,411 1,121
Level 2 | Fixed maturities | Municipalities    
Assets:    
Available-for-sale securities 1,373 1,370
Level 2 | Fixed maturities | Mortgage- and asset-backed securities    
Assets:    
Available-for-sale securities 269 269
Level 2 | Fixed maturities | Public utilities    
Assets:    
Available-for-sale securities 7,724 7,886
Level 2 | Fixed maturities | Sovereign and supranational    
Assets:    
Available-for-sale securities 1,866 1,909
Level 2 | Fixed maturities | Banks/financial institutions    
Assets:    
Available-for-sale securities 9,120 8,908
Level 2 | Fixed maturities | Other corporate    
Assets:    
Available-for-sale securities 31,509 32,327
Level 2 | Equity securities    
Assets:    
Available-for-sale securities   6
Level 3    
Assets:    
Available-for-sale securities 436 414
Equity securities 16  
Asset derivatives 241 151
Other Investments   0
Cash and cash equivalents 0 0
Total assets 693 581
Liabilities:    
Total liabilities 86 128
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 240 150
Liabilities:    
Liability derivatives 86 128
Level 3 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Foreign currency options    
Assets:    
Asset derivatives   0
Liabilities:    
Liability derivatives 0 0
Level 3 | Credit default swaps    
Assets:    
Asset derivatives 1 1
Level 3 | Fixed maturities    
Assets:    
Available-for-sale securities 436 414
Level 3 | Fixed maturities | Government and agencies    
Assets:    
Available-for-sale securities 0 0
Level 3 | Fixed maturities | Municipalities    
Assets:    
Available-for-sale securities 0 0
Level 3 | Fixed maturities | Mortgage- and asset-backed securities    
Assets:    
Available-for-sale securities 186 175
Level 3 | Fixed maturities | Public utilities    
Assets:    
Available-for-sale securities 83 68
Level 3 | Fixed maturities | Sovereign and supranational    
Assets:    
Available-for-sale securities 0 0
Level 3 | Fixed maturities | Banks/financial institutions    
Assets:    
Available-for-sale securities 24 25
Level 3 | Fixed maturities | Other corporate    
Assets:    
Available-for-sale securities $ 143 146
Level 3 | Equity securities    
Assets:    
Available-for-sale securities   $ 16
[1] Includes perpetual securities
[2] Includes perpetual securities ($1,506 at amortized cost and $1,774 at fair value)
[3] Includes perpetual securities ($1,462 at amortized cost and $1,789 at fair value)
[4] Includes perpetual securities ($71 at fair value)