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INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period     $ (174)  
(Addition to) release of allowance for credit losses $ 12 $ (17) (4) $ (44)
Balance, end of period (170)   (170)  
Balance, beginning of period     (8)  
(Addition to) release of allowance for credit losses 0 0 0 (1)
Balance, end of period (7)   (7)  
Balance, beginning of period     0  
(Addition to) release of allowance for credit losses 0 0 0 (11)
Balance, end of period 0   0  
Transitional real estate loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (52) (47) (68) (63)
(Addition to) release of allowance for credit losses (1) 6 15 22
Write-offs, net of recoveries 0   0 0
Change in foreign exchange 0   0  
Balance, end of period (53) (41) (53) (41)
Commercial mortgage loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (8) (24) (10) (33)
(Addition to) release of allowance for credit losses 0 2 2 11
Write-offs, net of recoveries 0   0 0
Change in foreign exchange 0   0  
Balance, end of period (8) (22) (8) (22)
Middle market loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (98) (83) (96) (85)
(Addition to) release of allowance for credit losses (16) 7 (18) 9
Write-offs, net of recoveries 5   5 0
Change in foreign exchange 0   0  
Balance, end of period (109) (76) (109) (76)
Held-to-maturity securities        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (8) (8) (8) (9)
(Addition to) release of allowance for credit losses 0 0 0 1
Write-offs, net of recoveries 0   0 0
Change in foreign exchange 1   1  
Balance, end of period (7) (8) (7) (8)
Available-for-sale securities        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period 0 (27) 0 (38)
(Addition to) release of allowance for credit losses 0 1 0 0
Write-offs, net of recoveries 0   0 12
Change in foreign exchange 0   0  
Balance, end of period 0 (26) 0 (26)
Reinsurance recoverables        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (9) (13) (13) (11)
(Addition to) release of allowance for credit losses) 0 0 2 (2)
Write-offs, net of recoveries 0   0 0
Change in foreign exchange 1   3  
Balance, end of period $ (8) $ (13) $ (8) $ (13)