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INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period $ (174)      
(Addition to) release of allowance for credit losses 18 $ (6) $ 93  
Balance, end of period (192) (174)    
Balance, beginning of period (8)      
(Addition to) release of allowance for credit losses 0 (1) (1)  
Balance, end of period (7) (8)    
Balance, beginning of period 0      
(Addition to) release of allowance for credit losses 0 (38) 38  
Balance, end of period 0 0    
Transitional real estate loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (68) (63) (22) [1]  
Transition impact to retained earnings       $ (2)
(Addition to) release of allowance for credit losses 14 (5) (39)  
Write-offs, net of recoveries 0 0 0  
Change in foreign exchange 0 0    
Balance, end of period (54) (68) (63)  
Commercial mortgage loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (10) (32) (3) [1]  
Transition impact to retained earnings       (8)
(Addition to) release of allowance for credit losses 1 22 (21)  
Write-offs, net of recoveries 0 0 0  
Change in foreign exchange 0 0    
Balance, end of period (9) (10) (32)  
Middle market loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (96) (85) (20) [1]  
Transition impact to retained earnings       (33)
(Addition to) release of allowance for credit losses (39) (11) (41)  
Write-offs, net of recoveries 6 0 9  
Change in foreign exchange 0 0    
Balance, end of period (129) (96) (85)  
Held-to-maturity securities        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Transition impact to retained earnings       (10)
Balance, beginning of period (8) (10) 0 [1]  
(Addition to) release of allowance for credit losses 0 1 0  
Write-offs, net of recoveries 0 0 0  
Change in foreign exchange 1 1    
Balance, end of period (7) (8) (10)  
Available-for-sale securities        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Transition impact to retained earnings       0
Balance, beginning of period 0 (38) 0 [1]  
(Addition to) release of allowance for credit losses 0 26 (75)  
Write-offs, net of recoveries 0 12 37  
Change in foreign exchange 0 0    
Balance, end of period 0 0 (38)  
Reinsurance recoverables        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Transition impact to retained earnings       $ (11)
Balance, beginning of period (13) (12) 0 [1]  
(Addition to) release of allowance for credit losses 2 (2) (1)  
Write-offs, net of recoveries 0 0 0  
Change in foreign exchange 3 1    
Balance, end of period $ (8) $ (13) $ (12)  
[1] U.S. GAAP guidance adopted as of January 1, 2020 has superseded these losses, included for comparative purposes only.