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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, 2021
Dec. 31, 2020
Assets:    
Available for sale, fixed maturity securities $ 98,696 $ 105,882
Equity securities 1,603 1,283
Other investments 1,726 1,139
Cash and cash equivalents 5,051 5,141
Asset derivatives 936 583
Total assets 108,012 114,028
Liabilities:    
Liability derivatives 1,619 697
Total liabilities 1,619 697
Foreign currency swaps    
Assets:    
Asset derivatives 137 180
Liabilities:    
Liability derivatives 427 312
Foreign currency forwards    
Assets:    
Asset derivatives 791 402
Liabilities:    
Liability derivatives 1,138 385
Foreign currency options    
Assets:    
Asset derivatives 8 1
Interest rate swaps    
Liabilities:    
Liability derivatives 54  
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 33,820 37,350
Municipalities    
Assets:    
Available for sale, fixed maturity securities 3,036 3,018
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,246 1,038
Public utilities    
Assets:    
Available for sale, fixed maturity securities 10,051 10,817
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,115 1,382
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,591 12,060
Other corporate    
Assets:    
Available for sale, fixed maturity securities 37,837 40,217
Level 1    
Assets:    
Available for sale, fixed maturity securities 32,532 36,032
Equity securities 1,340 1,095
Other investments 1,726 1,139
Cash and cash equivalents 5,051 5,141
Asset derivatives 0 0
Total assets 40,649 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 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 32,532 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 64,866 68,833
Equity securities 90 86
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 936 450
Total assets 65,892 69,369
Liabilities:    
Total liabilities 1,619 466
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 137 47
Liabilities:    
Liability derivatives 427 81
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 791 402
Liabilities:    
Liability derivatives 1,138 385
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 8 1
Level 2 | Interest rate swaps    
Liabilities:    
Liability derivatives 54  
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 1,288 1,318
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 3,036 3,018
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 955 814
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 9,558 10,395
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 1,072 1,334
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 11,546 12,036
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 37,411 39,918
Level 3    
Assets:    
Available for sale, fixed maturity securities 1,298 1,017
Equity securities 173 102
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 0 133
Total assets 1,471 1,252
Liabilities:    
Total liabilities 0 231
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 0 133
Liabilities:    
Liability derivatives 0 231
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 | 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 291 224
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 493 422
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 43 48
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 45 24
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 426 $ 299