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LIABILITY FOR UNPAID CLAIMS AND CLAIMS ADJUSTMENT EXPENSE AND FUTURE POLICY BENEFITS FOR LIFE AND ACCIDENT AND HEALTH INSURANCE CONTRACTS AND POLICYHOLDER CONTRACT DEPOSITS (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Jun. 17, 2011
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:        
Liability for unpaid claims and claims adjustment expense, balance at the beginning of the year $ 91,151 $ 85,386 $ 89,258  
Reinsurance recoverable, balance at the beginning of the year (19,644) (17,487) (16,803) (1,700)
Total, balance at the beginning of the year 71,507 67,899 72,455  
Foreign exchange effect 353 (126) 1,416  
Acquisitions   1,538    
Dispositions   (87) (9,657)  
Reduction of net loss reserves due to NICO transaction (1,703)      
Losses and loss expenses incurred        
Current year 27,590 24,074 27,354  
Prior years, other than accretion of discount 195 4,182 2,771  
Prior years, accretion of discount 375 (181) 313  
Total 28,160 28,075 30,438  
Losses and loss expenses paid        
Current year 11,534 9,873 11,079  
Prior years 15,958 15,919 15,673  
Total 27,492 25,792 26,752  
Net liability for unpaid claims and claims adjustment expense, balance at the end of the year 70,825 71,507 67,899  
Reinsurance recoverable, balance at the end of the year 20,320 19,644 17,487 1,700
Total, balance at the end of the year 91,145 91,151 85,386  
Excess Casualty
       
Losses and loss expenses incurred        
Total (414) 1,100 1,500  
Excess Workers' Compensation
       
Losses and loss expenses incurred        
Total 145 793 956  
Environmental
       
Losses and loss expenses incurred        
Total 413      
Asbestos
       
Losses and loss expenses incurred        
Total   1,500 151  
Loss sensitive premium adjustment
       
Losses and loss expenses paid        
Net liability for unpaid claims and claims adjustment expense, balance at the end of the year 172      
Segment Discontinued Operations
       
Losses and loss expenses paid        
Activity of discontinued operations     $ (1)