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FAIR VALUE MEASUREMENTS - Fair Value Measurement Inputs and Valuation Techniques (Detail)
$ in Millions
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 73,290 $ 75,741
Equity securities 1,088 1,091
Assets, fair value 80,325 82,924
Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 1,781 1,778
Equity securities 248 209
Assets, fair value 2,029 1,987
Adjustd cost | Level 3 | Private Financials    
Fair Value Measurement Inputs and Valuation Technique    
Equity securities 248 209
Mortgage- and asset-backed securities    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 3,086 2,146
Mortgage- and asset-backed securities | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 772 343
Mortgage- and asset-backed securities | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 772 $ 343
Mortgage- and asset-backed securities | Lower Limit | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1] 84.81 97.38
Mortgage- and asset-backed securities | Upper Limit | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1] 105.89 106.71
Mortgage- and asset-backed securities | Weighted Average | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input 99.39 102.98
Public utilities    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 7,592 $ 7,666
Public utilities | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 253 497
Public utilities | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 253  
Public utilities | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities   $ 497
Public utilities | Lower Limit | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1] 94.34  
Public utilities | Lower Limit | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2]   0.0128
Public utilities | Upper Limit | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [1] 102.99  
Public utilities | Upper Limit | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2]   0.0286
Public utilities | Weighted Average | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input 96.46  
Public utilities | Weighted Average | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input   0.0192
Sovereign and supranational    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 537 $ 834
Sovereign and supranational | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 30 37
Sovereign and supranational | Consensus pricing valuation technique | Level 3 | Offered Quote    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 30 37
Banks/financial institutions    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 8,835 9,299
Banks/financial institutions | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 78 159
Banks/financial institutions | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 78 $ 159
Banks/financial institutions | Lower Limit | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2]   0.0067
Banks/financial institutions | Upper Limit | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2]   0.0188
Banks/financial institutions | Weighted Average | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input   0.0113
Other corporate    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 28,342 $ 28,362
Other corporate | Level 3    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities 648 742
Other corporate | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Available for sale, fixed maturity securities $ 648 $ 742
Other corporate | Lower Limit | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0069 0.0066
Other corporate | Upper Limit | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input [2] 0.0423 0.0647
Other corporate | Weighted Average | Discounted cash flow technique | Level 3 | Credit Spread    
Fair Value Measurement Inputs and Valuation Technique    
Debt securities, available-for-sale, measurement input 0.0206 0.0191
[1] Represents prices for securities where the Company receives unadjusted broker quotes and for which there is no transparency into the providers' valuation techniques.
[2] Actual or equivalent credit spreads in basis points.