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REINSURANCE (Details - Summary of the impact of modco and funds withheld) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Effects of Reinsurance [Line Items]        
Net investment income $ 3,366 $ 3,745 $ 5,874 $ 7,624
Net realized capital gains (losses) (2,332) 404 1,187 (42)
Loss from continuing operations before income tax benefit (9,661) 1,837 (7,103) 2,991
Income tax benefit (1,896) 446 (992) 663
Net loss $ (7,766) $ 1,390 $ (6,112) $ 2,327
U.S. federal income tax at statutory rate (as a percent) 21.00% 21.00% 21.00% 21.00%
Fortitude Re funds withheld assets        
Effects of Reinsurance [Line Items]        
Net investment income [1] $ 116 $ 0 $ 116 $ 0
Net realized capital gains (losses) [1] $ 96 $ 0 96 $ 0
Fortitude Holdings        
Effects of Reinsurance [Line Items]        
Net underwriting income     0  
Net investment income     116  
Net realized capital gains (losses)     (741)  
Loss from continuing operations before income tax benefit     (625)  
Income tax benefit     (131)  
Net loss     (494)  
Change in net unrealized gains (losses) on real estate investments     438  
Total economic impact to AIG     (56)  
Fortitude Holdings | Fortitude Re funds withheld assets        
Effects of Reinsurance [Line Items]        
Net realized capital gains (losses)     96  
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives        
Effects of Reinsurance [Line Items]        
Net realized capital gains (losses)     $ (837)  
[1] Represents activity subsequent to the deconsolidation of Fortitude Re on June 2, 2020.