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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
Dec. 31, 2018
Dec. 31, 2017
Assets:    
Available for sale, fixed maturity securities [2],[3] $ 82,895 [1],[4] $ 84,313 [5]
Equity securities [2],[3],[6] 987  
Equity securities, available-for-sale   1,023
Other investments 152 57
Cash and cash equivalents 4,337 3,491
Asset derivatives 417 331
Total assets 88,788 89,215
Liabilities:    
Liability derivatives 387 474
Total liabilities 387 474
Foreign currency swaps    
Assets:    
Asset derivatives 285 296
Liabilities:    
Liability derivatives 234 197
Foreign currency forwards    
Assets:    
Asset derivatives 126 22
Liabilities:    
Liability derivatives 151 274
Foreign currency options    
Assets:    
Asset derivatives 3 12
Liabilities:    
Liability derivatives 1 3
Interest rate swaptions    
Liabilities:    
Liability derivatives 1  
Interest rate swaps    
Assets:    
Asset derivatives 3  
Credit default swaps    
Assets:    
Asset derivatives   1
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 34,342 31,230
Municipalities    
Assets:    
Available for sale, fixed maturity securities 1,863 1,370
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 339 444
Public utilities    
Assets:    
Available for sale, fixed maturity securities 7,171 7,954
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,260 1,909
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 8,918 8,933
Other corporate    
Assets:    
Available for sale, fixed maturity securities 29,002 32,473
Level 1    
Assets:    
Available for sale, fixed maturity securities 32,993 30,109
Equity securities 874  
Equity securities, available-for-sale   1,001
Other investments 152 57
Cash and cash equivalents 4,337 3,491
Asset derivatives 0 0
Total assets 38,356 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 0
Liabilities:    
Liability derivatives 0 0
Level 1 | Interest rate swaptions    
Liabilities:    
Liability derivatives 0  
Level 1 | Interest rate swaps    
Assets:    
Asset derivatives 0  
Level 1 | Credit default swaps    
Assets:    
Asset derivatives   0
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 32,993 30,109
Level 1 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 1 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 2    
Assets:    
Available for sale, fixed maturity securities 49,380 53,790
Equity securities 67  
Equity securities, available-for-sale   6
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 235 180
Total assets 49,682 53,976
Liabilities:    
Total liabilities 285 346
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 103 146
Liabilities:    
Liability derivatives 132 69
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 126 22
Liabilities:    
Liability derivatives 151 274
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 3 12
Liabilities:    
Liability derivatives 1 3
Level 2 | Interest rate swaptions    
Liabilities:    
Liability derivatives 1  
Level 2 | Interest rate swaps    
Assets:    
Asset derivatives 3  
Level 2 | Credit default swaps    
Assets:    
Asset derivatives   0
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,349 1,121
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 1,863 1,370
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 162 269
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 7,062 7,886
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,260 1,909
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 8,895 8,908
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 28,789 32,327
Level 3    
Assets:    
Available for sale, fixed maturity securities 522 414
Equity securities 46  
Equity securities, available-for-sale   16
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 182 151
Total assets 750 581
Liabilities:    
Total liabilities 102 128
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 182 150
Liabilities:    
Liability derivatives 102 128
Level 3 | Foreign currency forwards    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Foreign currency options    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
Level 3 | Interest rate swaptions    
Liabilities:    
Liability derivatives 0  
Level 3 | Interest rate swaps    
Assets:    
Asset derivatives 0  
Level 3 | Credit default swaps    
Assets:    
Asset derivatives   1
Level 3 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 177 175
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 109 68
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 0 0
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 23 25
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 213 $ 146
[1] Includes perpetual securities ($1,139 at amortized cost and $1,140 at fair value)
[2] Includes perpetual securities
[3] Includes perpetual securities
[4] Includes perpetual securities, categorized in accordance with their respective economic maturities (the expected maturity date created by the combination of features in the financial instrument)
[5] Includes perpetual securities ($1,462 at amortized cost and $1,789 at fair value)
[6] Includes perpetual securities ($62 at fair value)