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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, 2021
Dec. 31, 2020
Assets:    
Available for sale, fixed maturity securities $ 100,722 $ 105,882
Equity securities 1,461 1,283
Other investments 1,833 1,139
Cash and cash equivalents 6,208 5,141
Asset derivatives 745 583
Total assets 110,969 114,028
Liabilities:    
Liability derivatives 1,270 697
Total liabilities 1,270 697
Foreign currency swaps    
Assets:    
Asset derivatives 151 180
Liabilities:    
Liability derivatives 378 312
Foreign currency forwards    
Assets:    
Asset derivatives 593 402
Liabilities:    
Liability derivatives 875 385
Foreign currency options    
Assets:    
Asset derivatives 1 1
Interest rate swaps    
Liabilities:    
Liability derivatives 16  
Forward bond purchase commitment    
Liabilities:    
Liability derivatives 1  
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 35,226 37,350
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,937 3,018
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,292 1,038
Public utilities    
Assets:    
Available for sale, fixed maturity securities 10,315 10,817
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,142 1,382
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,742 12,060
Other corporate    
Assets:    
Available for sale, fixed maturity securities 38,068 40,217
Level 1    
Assets:    
Available for sale, fixed maturity securities 33,903 36,032
Equity securities 1,210 1,095
Other investments 1,833 1,139
Cash and cash equivalents 6,208 5,141
Asset derivatives 0 0
Total assets 43,154 43,407
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
Level 1 | Interest rate swaps    
Liabilities:    
Liability derivatives 0  
Level 1 | Forward bond purchase commitment    
Liabilities:    
Liability derivatives 0  
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 33,903 36,032
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 65,649 68,833
Equity securities 90 86
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 646 450
Total assets 66,385 69,369
Liabilities:    
Total liabilities 914 466
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 52 47
Liabilities:    
Liability derivatives 22 81
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 593 402
Liabilities:    
Liability derivatives 875 385
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 1 1
Level 2 | Interest rate swaps    
Liabilities:    
Liability derivatives 16  
Level 2 | Forward bond purchase commitment    
Liabilities:    
Liability derivatives 1  
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,323 1,318
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,937 3,018
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,042 814
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 9,792 10,395
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,097 1,334
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,696 12,036
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 37,762 39,918
Level 3    
Assets:    
Available for sale, fixed maturity securities 1,170 1,017
Equity securities 161 102
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 99 133
Total assets 1,430 1,252
Liabilities:    
Total liabilities 356 231
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 99 133
Liabilities:    
Liability derivatives 356 231
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
Level 3 | Interest rate swaps    
Liabilities:    
Liability derivatives 0  
Level 3 | Forward bond purchase commitment    
Liabilities:    
Liability derivatives 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 250 224
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 523 422
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 45 48
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 46 24
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 306 $ 299