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FAIR VALUE MEASUREMENTS (Details - Gross components of purchases, sales, issuances and settlements) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, Sales, Issuances and Settlements, Net, assets $ (740,000,000) $ (1,373,000,000) $ (1,485,000,000) $ (2,724,000,000)
Issuances 0 0 0 0
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period (79,000,000)   (207,000,000) (40,000,000)
Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period. 18,000,000 24,000,000 (13,000,000) 28,000,000
Liabilities        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities (19,000,000) (7,000,000) (43,000,000) (29,000,000)
Sales, liabilities 170,000,000 240,000,000 522,000,000 616,000,000
Issuances and Settlements, liabilities (162,000,000) (39,000,000) (234,000,000) 16,000,000
Purchases, Sales, Issuances and Settlements, Net, liabilities (11,000,000) 194,000,000 245,000,000 603,000,000
Policyholder contract deposits        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0 0 0 0
Sales, liabilities 170,000,000 240,000,000 514,000,000 616,000,000
Issuances and Settlements, liabilities (100,000,000) 0 (352,000,000) 34,000,000
Purchases, Sales, Issuances and Settlements, Net, liabilities 70,000,000 240,000,000 162,000,000 650,000,000
Derivative liabilities, net        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities (19,000,000) (7,000,000) (43,000,000) (29,000,000)
Sales, liabilities 0 0 8,000,000 0
Issuances and Settlements, liabilities (32,000,000) (39,000,000) 148,000,000 (18,000,000)
Purchases, Sales, Issuances and Settlements, Net, liabilities (51,000,000) (46,000,000) 113,000,000 (47,000,000)
Fortitude Re funds withheld payable        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0   0  
Sales, liabilities 0   0  
Issuances and Settlements, liabilities (30,000,000)   (30,000,000)  
Purchases, Sales, Issuances and Settlements, Net, liabilities (30,000,000)   (30,000,000)  
Other liabilities        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, liabilities 0   0  
Sales, liabilities 0   0  
Issuances and Settlements, liabilities 0   0  
Purchases, Sales, Issuances and Settlements, Net, liabilities 0   0  
Assets        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 501,000,000 934,000,000 2,531,000,000 3,335,000,000
Sales, assets (108,000,000) (495,000,000) (726,000,000) (1,285,000,000)
Issuances and Settlements, assets (1,133,000,000) (1,812,000,000) (3,290,000,000) (4,774,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (740,000,000) (1,373,000,000) (1,485,000,000) (2,724,000,000)
Bonds available for sale        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 475,000,000 913,000,000 2,116,000,000 3,244,000,000
Sales, assets (108,000,000) (326,000,000) (147,000,000) (679,000,000)
Issuances and Settlements, assets (1,019,000,000) (1,533,000,000) (2,550,000,000) (3,955,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (652,000,000) (946,000,000) (581,000,000) (1,390,000,000)
Bonds available for sale | Obligations of states, municipalities and political subdivisions        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 34,000,000 109,000,000 201,000,000 243,000,000
Sales, assets (18,000,000) 0 (20,000,000) (16,000,000)
Issuances and Settlements, assets (46,000,000) (17,000,000) (54,000,000) (49,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (30,000,000) 92,000,000 127,000,000 178,000,000
Bonds available for sale | Non-U.S. governments        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 5,000,000 0
Sales, assets 0 0 0 0
Issuances and Settlements, assets 0 0 0 (4,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets 0 0 5,000,000 (4,000,000)
Bonds available for sale | Corporate debt        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 23,000,000 1,000,000 256,000,000 58,000,000
Sales, assets (2,000,000) (128,000,000) (7,000,000) (129,000,000)
Issuances and Settlements, assets (46,000,000) (408,000,000) (154,000,000) (529,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (25,000,000) (535,000,000) 95,000,000 (600,000,000)
Bonds available for sale | Residential mortgage-backed securities (RMBS)        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 182,000,000 253,000,000 883,000,000 860,000,000
Sales, assets 0 0 0 (26,000,000)
Issuances and Settlements, assets (594,000,000) (671,000,000) (1,689,000,000) (2,068,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (412,000,000) (418,000,000) (806,000,000) (1,234,000,000)
Bonds available for sale | Commercial mortgage-backed securities (CMBS)        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 2,000,000 92,000,000 56,000,000 455,000,000
Sales, assets (10,000,000) 0 (17,000,000) 0
Issuances and Settlements, assets (3,000,000) (7,000,000) (22,000,000) (74,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (11,000,000) 85,000,000 17,000,000 381,000,000
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 234,000,000 458,000,000 715,000,000 1,628,000,000
Sales, assets (78,000,000) (198,000,000) (103,000,000) (508,000,000)
Issuances and Settlements, assets (330,000,000) (430,000,000) (631,000,000) (1,231,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (174,000,000) (170,000,000) (19,000,000) (111,000,000)
Other bond securities        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 72,000,000 18,000,000
Sales, assets 0 (169,000,000) (579,000,000) (606,000,000)
Issuances and Settlements, assets (116,000,000) (206,000,000) (701,000,000) (705,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (116,000,000) (375,000,000) (1,208,000,000) (1,293,000,000)
Other bond securities | Residential mortgage-backed securities (RMBS)        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 37,000,000 0
Sales, assets 0 0 0 (437,000,000)
Issuances and Settlements, assets (16,000,000) (24,000,000) (28,000,000) (107,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (16,000,000) (24,000,000) 9,000,000 (544,000,000)
Other bond securities | Commercial mortgage-backed securities (CMBS)        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 0 18,000,000
Sales, assets 0 (16,000,000) 0 (16,000,000)
Issuances and Settlements, assets 0 (1,000,000) (2,000,000) (2,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets 0 (17,000,000) (2,000,000) 0
Other bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 35,000,000 0
Sales, assets 0 (153,000,000) (579,000,000) (153,000,000)
Issuances and Settlements, assets (100,000,000) (181,000,000) (671,000,000) (596,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets (100,000,000) (334,000,000) (1,215,000,000) (749,000,000)
Equity securities        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 1,000,000 0 11,000,000 9,000,000
Sales, assets 0 0 0 0
Issuances and Settlements, assets 0 (29,000,000) 0 (29,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets 1,000,000 (29,000,000) 11,000,000 (20,000,000)
Other invested assets        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 25,000,000 21,000,000 277,000,000 64,000,000
Sales, assets 0 0 0 0
Issuances and Settlements, assets 0 (43,000,000) (45,000,000) (87,000,000)
Purchases, Sales, Issuances and Settlements, Net, assets 25,000,000 (22,000,000) 232,000,000 (23,000,000)
Other assets        
Fair Value, Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation [Line Items]        
Purchases, assets 0 0 55,000,000 0
Sales, assets 0 0 0 0
Issuances and Settlements, assets 2,000,000 (1,000,000) 6,000,000 2,000,000
Purchases, Sales, Issuances and Settlements, Net, assets $ 2,000,000 $ (1,000,000) $ 61,000,000 $ 2,000,000