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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
Sep. 30, 2020
Dec. 31, 2019
Assets:    
Available for sale, fixed maturity securities $ 103,128 $ 91,262
Equity securities 775 802
Other investments 823 628
Cash and cash equivalents 5,563 4,896
Asset derivatives 439 482
Total assets 110,728 98,070
Liabilities:    
Liability derivatives 625 586
Total liabilities 625 586
Foreign currency swaps    
Assets:    
Asset derivatives 150 241
Liabilities:    
Liability derivatives 289 204
Foreign currency forwards    
Assets:    
Asset derivatives 282 238
Liabilities:    
Liability derivatives 335 377
Foreign currency options    
Assets:    
Asset derivatives 1  
Liabilities:    
Liability derivatives 1 5
Interest rate swaps    
Assets:    
Asset derivatives 6 3
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 37,195 36,400
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,619 1,847
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 717 410
Public utilities    
Assets:    
Available for sale, fixed maturity securities 10,398 6,780
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,422 1,042
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,696 10,287
Other corporate    
Assets:    
Available for sale, fixed maturity securities 39,081 34,496
Level 1    
Assets:    
Available for sale, fixed maturity securities 35,539 34,878
Equity securities 608 642
Other investments 823 628
Cash and cash equivalents 5,563 4,896
Asset derivatives 0 0
Total assets 42,533 41,044
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 | Interest rate swaps    
Assets:    
Asset derivatives 0 0
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 35,539 34,878
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 66,738 55,697
Equity securities 81 80
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 342 313
Total assets 67,161 56,090
Liabilities:    
Total liabilities 385 460
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 53 72
Liabilities:    
Liability derivatives 49 78
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 282 238
Liabilities:    
Liability derivatives 335 377
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 1  
Liabilities:    
Liability derivatives 1 5
Level 2 | Interest rate swaps    
Assets:    
Asset derivatives 6 3
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,656 1,522
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,619 1,847
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 526 232
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 10,030 6,556
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,422 1,042
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,672 10,264
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 38,813 34,234
Level 3    
Assets:    
Available for sale, fixed maturity securities 851 687
Equity securities 86 80
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 97 169
Total assets 1,034 936
Liabilities:    
Total liabilities 240 126
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 97 169
Liabilities:    
Liability derivatives 240 126
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 | Interest rate swaps    
Assets:    
Asset derivatives 0 0
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 191 178
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 368 224
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 24 23
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 268 $ 262