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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
Jun. 30, 2022
Dec. 31, 2021
Assets:    
Available for sale, fixed maturity securities $ 79,431 $ 98,696
Equity securities 1,149 1,603
Other investments 1,695 1,726
Cash and cash equivalents 5,173 5,051
Asset derivatives 1,558 936
Total assets 89,006 108,012
Liabilities:    
Liability derivatives 2,130 1,619
Total liabilities 2,130 1,619
Foreign currency swaps    
Assets:    
Asset derivatives 221 137
Liabilities:    
Liability derivatives 457 427
Foreign currency forwards    
Assets:    
Asset derivatives 1,330 791
Liabilities:    
Liability derivatives 1,331 1,138
Foreign currency options    
Assets:    
Asset derivatives 7 8
Interest rate swaps    
Liabilities:    
Liability derivatives 342 54
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 25,959 33,820
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,468 3,036
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,952 1,246
Public utilities    
Assets:    
Available for sale, fixed maturity securities 7,957 10,051
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 913 1,115
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 9,625 11,591
Other corporate    
Assets:    
Available for sale, fixed maturity securities 30,557 37,837
Level 1    
Assets:    
Available for sale, fixed maturity securities 24,960 32,532
Equity securities 888 1,340
Other investments 1,695 1,726
Cash and cash equivalents 5,173 5,051
Asset derivatives 0 0
Total assets 32,716 40,649
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 0
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 24,960 32,532
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 52,864 64,866
Equity securities 71 90
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 1,558 936
Total assets 54,493 65,892
Liabilities:    
Total liabilities 2,130 1,619
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 221 137
Liabilities:    
Liability derivatives 457 427
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 1,330 791
Liabilities:    
Liability derivatives 1,331 1,138
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 7 8
Level 2 | Interest rate swaps    
Liabilities:    
Liability derivatives 342 54
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 999 1,288
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,468 3,036
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,641 955
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 7,420 9,558
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 877 1,072
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 9,534 11,546
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 29,925 37,411
Level 3    
Assets:    
Available for sale, fixed maturity securities 1,607 1,298
Equity securities 190 173
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 0 0
Total assets 1,797 1,471
Liabilities:    
Total liabilities 0 0
Level 3 | Foreign currency swaps    
Assets:    
Asset derivatives 0 0
Liabilities:    
Liability derivatives 0 0
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 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 311 291
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 537 493
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 36 43
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 91 45
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 632 $ 426