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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, 2022
Dec. 31, 2021
Assets:    
Available for sale, fixed maturity securities $ 73,643 $ 98,696
Equity securities 1,064 1,603
Other investments 1,816 1,726
Cash and cash equivalents 4,710 5,051
Asset derivatives 1,146 936
Total assets 82,379 108,012
Liabilities:    
Liability derivatives 2,088 1,619
Total liabilities 2,088 1,619
Foreign currency swaps    
Assets:    
Asset derivatives 146 137
Liabilities:    
Liability derivatives 462 427
Foreign currency forwards    
Assets:    
Asset derivatives 995 791
Liabilities:    
Liability derivatives 1,035 1,138
Foreign currency options    
Assets:    
Asset derivatives 5 8
Interest rate swaps    
Liabilities:    
Liability derivatives 590 54
Forward bond purchase commitment    
Liabilities:    
Liability derivatives 1  
Government and agencies    
Assets:    
Available for sale, fixed maturity securities 23,910 33,820
Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,276 3,036
Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 2,009 1,246
Public utilities    
Assets:    
Available for sale, fixed maturity securities 7,350 10,051
Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 862 1,115
Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 9,031 11,591
Other corporate    
Assets:    
Available for sale, fixed maturity securities 28,205 37,837
Level 1    
Assets:    
Available for sale, fixed maturity securities 22,987 32,532
Equity securities 801 1,340
Other investments 1,816 1,726
Cash and cash equivalents 4,710 5,051
Asset derivatives 0 0
Total assets 30,314 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 | Forward bond purchase commitment    
Liabilities:    
Liability derivatives 0  
Level 1 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 22,987 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 49,036 64,866
Equity securities 66 90
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 1,146 936
Total assets 50,248 65,892
Liabilities:    
Total liabilities 2,088 1,619
Level 2 | Foreign currency swaps    
Assets:    
Asset derivatives 146 137
Liabilities:    
Liability derivatives 462 427
Level 2 | Foreign currency forwards    
Assets:    
Asset derivatives 995 791
Liabilities:    
Liability derivatives 1,035 1,138
Level 2 | Foreign currency options    
Assets:    
Asset derivatives 5 8
Level 2 | Interest rate swaps    
Liabilities:    
Liability derivatives 590 54
Level 2 | Forward bond purchase commitment    
Liabilities:    
Liability derivatives 1  
Level 2 | Government and agencies    
Assets:    
Available for sale, fixed maturity securities 923 1,288
Level 2 | Municipalities    
Assets:    
Available for sale, fixed maturity securities 2,276 3,036
Level 2 | Mortgage- and asset-backed securities    
Assets:    
Available for sale, fixed maturity securities 1,699 955
Level 2 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 6,843 9,558
Level 2 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 828 1,072
Level 2 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 8,883 11,546
Level 2 | Other corporate    
Assets:    
Available for sale, fixed maturity securities 27,584 37,411
Level 3    
Assets:    
Available for sale, fixed maturity securities 1,620 1,298
Equity securities 197 173
Other investments 0 0
Cash and cash equivalents 0 0
Asset derivatives 0 0
Total assets 1,817 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 | 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 310 291
Level 3 | Public utilities    
Assets:    
Available for sale, fixed maturity securities 507 493
Level 3 | Sovereign and supranational    
Assets:    
Available for sale, fixed maturity securities 34 43
Level 3 | Banks/financial institutions    
Assets:    
Available for sale, fixed maturity securities 148 45
Level 3 | Other corporate    
Assets:    
Available for sale, fixed maturity securities $ 621 $ 426