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INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2019
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period     $ (180)    
Balance, end of period $ (139)   (139)    
Transitional real estate loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (47) $ (27) (63) $ (22) [1]  
Cumulative Effect of Adoption of 2016-13         $ (2)
(Addition to) release of allowance for credit losses 6 (39) 22 (42)  
Write-offs, net of recoveries   0 0 0  
Balance, end of period (41) (66) (41) (66)  
Commercial mortgage loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (24) (11) (33) (3) [1]  
Cumulative Effect of Adoption of 2016-13         (8)
(Addition to) release of allowance for credit losses 2 (31) 11 (31)  
Write-offs, net of recoveries   0 0 0  
Balance, end of period (22) (42) (22) (42)  
Middle market loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (83) (87) (85) (20) [1]  
Cumulative Effect of Adoption of 2016-13         (33)
(Addition to) release of allowance for credit losses 7 (56) 9 (90)  
Write-offs, net of recoveries   9 0 9  
Balance, end of period (76) (134) (76) (134)  
Held-to-maturity securities          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (8) (9) (9) 0 [1]  
Cumulative Effect of Adoption of 2016-13         (10)
(Addition to) release of allowance for credit losses 0 0 1 1  
Write-offs, net of recoveries   0 0 0  
Balance, end of period (8) (9) (8) (9)  
Available-for-sale securities          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (27) (63) (38) 0 [1]  
Cumulative Effect of Adoption of 2016-13         0
(Addition to) release of allowance for credit losses 1 (11) 0 (74)  
Write-offs, net of recoveries   36 12 36  
Balance, end of period (26) (38) (26) (38)  
Reinsurance recoverables          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (13) (11) (11) 0 [1]  
Cumulative Effect of Adoption of 2016-13         $ (11)
(Addition to) release of allowance for credit losses 0 0 (2) 0  
Write-offs, net of recoveries   0 0 0  
Balance, end of period $ (13) $ (11) $ (13) $ (11)  
[1] U.S. GAAP guidance adopted as of January 1, 2020 has superseded these losses, included for comparative purposes only.