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INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2019
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period     $ (180)    
Balance, end of period $ (165)   (165)    
Transitional real estate loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (41) $ (66) (63) $ (22) [1]  
Cumulative Effect of Adoption of 2016-13         $ (2)
(Addition to) release of allowance for credit losses (18) 13 4 (29)  
Write-offs, net of recoveries 0 0 0 0  
Balance, end of period (59) (53) (59) (53)  
Commercial mortgage loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (22) (42) (32) (3) [1]  
Cumulative Effect of Adoption of 2016-13         (8)
(Addition to) release of allowance for credit losses 5 14 15 (17)  
Write-offs, net of recoveries 0 0 0 0  
Balance, end of period (17) (28) (17) (28)  
Middle market loans          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (76) (134) (85) (20) [1]  
Cumulative Effect of Adoption of 2016-13         (33)
(Addition to) release of allowance for credit losses (13) 59 (4) (31)  
Write-offs, net of recoveries 0 (9) 0 0  
Balance, end of period (89) (84) (89) (84)  
Held-to-maturity securities          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (8) (9) (10) 0 [1]  
Cumulative Effect of Adoption of 2016-13         (10)
(Addition to) release of allowance for credit losses (1) 0 1 1  
Write-offs, net of recoveries 0 0 0 0  
Balance, end of period (9) (9) (9) (9)  
Available-for-sale securities          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (26) (38) (38) 0 [1]  
Cumulative Effect of Adoption of 2016-13         0
(Addition to) release of allowance for credit losses 0 (1) 26 (75)  
Write-offs, net of recoveries 26 1 12 37  
Balance, end of period 0 (38) 0 (38)  
Reinsurance recoverables          
Allowance for Loan Losses by Portfolio Segment [Roll Forward]          
Balance, beginning of period (13) (11) (12) 0 [1]  
Cumulative Effect of Adoption of 2016-13         $ (11)
(Addition to) release of allowance for credit losses 0 0 (1) 0  
Write-offs, net of recoveries 0 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.