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FAIR VALUE MEASUREMENTS (Details - Changes in Level 3 Recurring Fair Value Measurements) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets $ 30,958 $ 33,610
Net Realized and Unrealized Gains (Losses) Included in Income, assets 1,096 1,301
Other Comprehensive Income (Loss), assets 125 556
Purchases, Sales, Issuances and Settlements, Net, assets (1,561) (3,610)
Gross Transfers In, assets 4,289 2,448
Gross Transfers Out, assets (3,291) (3,347)
Divested Businesses (38) 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 31,578 30,958
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 71 180
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 276  
Liabilities    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities 6,808 4,269
Net realized and unrealized gains (losses) included in income, liabilities 5,222 1,749
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 14 790
Gross Transfers In, liabilities (1) 0
Gross Transfers Out, liabilities 5 0
Divested Businesses 3,673 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities 15,721 6,808
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities (2,852) (1,140)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Policyholder contract deposits    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities 6,910 4,116
Net realized and unrealized gains (losses) included in income, liabilities 2,681 1,947
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 207 847
Gross Transfers In, liabilities 0 0
Gross Transfers Out, liabilities 0 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities 9,798 6,910
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities (1,515) (1,307)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Derivative liabilities, net    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities (102) 153
Net realized and unrealized gains (losses) included in income, liabilities (104) (198)
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 83 (57)
Gross Transfers In, liabilities (1) 0
Gross Transfers Out, liabilities 5 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities (119) (102)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities 40 167
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Interest rate contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities 0 15
Net realized and unrealized gains (losses) included in income, liabilities (1) 3
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 1 (18)
Gross Transfers In, liabilities 0 0
Gross Transfers Out, liabilities 0 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities 0 0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities 2 1
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Foreign exchange contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities (6) (5)
Net realized and unrealized gains (losses) included in income, liabilities 3 (7)
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 1 6
Gross Transfers In, liabilities 0 0
Gross Transfers Out, liabilities 0 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities (2) (6)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities 1 3
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Equity contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities (151) (75)
Net realized and unrealized gains (losses) included in income, liabilities 4 (43)
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities (8) (33)
Gross Transfers In, liabilities (1) 0
Gross Transfers Out, liabilities 5 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities (151) (151)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities (33) 51
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Credit contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities 62 227
Net realized and unrealized gains (losses) included in income, liabilities (47) (84)
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 27 (81)
Gross Transfers In, liabilities 0 0
Gross Transfers Out, liabilities 0 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities 42 62
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities 8 46
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Other contracts    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities (7) (9)
Net realized and unrealized gains (losses) included in income, liabilities (63) (67)
Other Comprehensive Income (Loss), liabilities 0 0
Purchases, Sales, Issuances and Settlements, Net, liabilities 62 69
Gross Transfers In, liabilities 0 0
Gross Transfers Out, liabilities 0 0
Divested Businesses 0 0
Reclassified to Held for Sale, liabilities   0
Fair Value End of Year, liabilities (8) (7)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities 62 66
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Fortitude Re funds withheld payable    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, liabilities 0  
Net realized and unrealized gains (losses) included in income, liabilities 2,645  
Other Comprehensive Income (Loss), liabilities 0  
Purchases, Sales, Issuances and Settlements, Net, liabilities (276)  
Gross Transfers In, liabilities 0  
Gross Transfers Out, liabilities 0  
Divested Businesses 3,673  
Fair Value End of Year, liabilities 6,042 0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period, liabilities (1,377)  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, liabilities 0  
Bonds available for sale    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 25,931 27,093
Net Realized and Unrealized Gains (Losses) Included in Income, assets 695 835
Other Comprehensive Income (Loss), assets 122 554
Purchases, Sales, Issuances and Settlements, Net, assets (704) (1,107)
Gross Transfers In, assets 4,099 1,830
Gross Transfers Out, assets (3,254) (3,236)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   (38)
Fair Value End of Period, assets 26,889 25,931
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 276  
Bonds available for sale | Obligations of states, municipalities and political subdivisions    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 2,121 2,000
Net Realized and Unrealized Gains (Losses) Included in Income, assets 7 (2)
Other Comprehensive Income (Loss), assets 211 247
Purchases, Sales, Issuances and Settlements, Net, assets 123 282
Gross Transfers In, assets 27 51
Gross Transfers Out, assets (384) (457)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 2,105 2,121
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 208  
Bonds available for sale | Non-U.S. governments    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 0 11
Net Realized and Unrealized Gains (Losses) Included in Income, assets 0 5
Other Comprehensive Income (Loss), assets 0 1
Purchases, Sales, Issuances and Settlements, Net, assets 4 (6)
Gross Transfers In, assets 7 5
Gross Transfers Out, assets (6) (16)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 5 0
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Bonds available for sale | Corporate debt    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 1,663 864
Net Realized and Unrealized Gains (Losses) Included in Income, assets (110) (7)
Other Comprehensive Income (Loss), assets 65 88
Purchases, Sales, Issuances and Settlements, Net, assets 11 (540)
Gross Transfers In, assets 1,482 1,513
Gross Transfers Out, assets (762) (255)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 2,349 1,663
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 79  
Bonds available for sale | Residential mortgage-backed securities (RMBS)    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 13,408 14,199
Net Realized and Unrealized Gains (Losses) Included in Income, assets 745 782
Other Comprehensive Income (Loss), assets (337) 55
Purchases, Sales, Issuances and Settlements, Net, assets (1,200) (1,403)
Gross Transfers In, assets 29 83
Gross Transfers Out, assets (951) (287)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   (21)
Fair Value End of Period, assets 11,694 13,408
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets (172)  
Bonds available for sale | Commercial mortgage-backed securities (CMBS)    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 1,053 917
Net Realized and Unrealized Gains (Losses) Included in Income, assets 18 24
Other Comprehensive Income (Loss), assets 60 47
Purchases, Sales, Issuances and Settlements, Net, assets (1) 448
Gross Transfers In, assets 23 58
Gross Transfers Out, assets (231) (441)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 922 1,053
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 55  
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 7,686 9,102
Net Realized and Unrealized Gains (Losses) Included in Income, assets 35 33
Other Comprehensive Income (Loss), assets 123 116
Purchases, Sales, Issuances and Settlements, Net, assets 359 112
Gross Transfers In, assets 2,531 120
Gross Transfers Out, assets (920) (1,780)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   (17)
Fair Value End of Period, assets 9,814 7,686
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 106  
Other bond securities    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 3,738 5,845
Net Realized and Unrealized Gains (Losses) Included in Income, assets 302 446
Other Comprehensive Income (Loss), assets 0 0
Purchases, Sales, Issuances and Settlements, Net, assets (1,342) (2,443)
Gross Transfers In, assets 0 0
Gross Transfers Out, assets 0 (110)
Divested Businesses 0 0
Reclassification of Held for Sale, assets 0 0
Fair Value End of Period, assets 2,698 3,738
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 20 157
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Other bond securities | Residential mortgage-backed securities (RMBS)    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 143 1,290
Net Realized and Unrealized Gains (Losses) Included in Income, assets 9 80
Other Comprehensive Income (Loss), assets 0 0
Purchases, Sales, Issuances and Settlements, Net, assets (13) (1,227)
Gross Transfers In, assets 0 0
Gross Transfers Out, assets 0 0
Divested Businesses 0 0
Reclassification of Held for Sale, assets 0 0
Fair Value End of Period, assets 139 143
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 5 2
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Other bond securities | Commercial mortgage-backed securities (CMBS)    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 50 77
Net Realized and Unrealized Gains (Losses) Included in Income, assets 0 5
Other Comprehensive Income (Loss), assets 0 0
Purchases, Sales, Issuances and Settlements, Net, assets (3) (18)
Gross Transfers In, assets 0 0
Gross Transfers Out, assets 0 (14)
Divested Businesses 0 0
Reclassification of Held for Sale, assets 0 0
Fair Value End of Period, assets 47 50
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets (2) 6
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Other bond securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 3,545 4,478
Net Realized and Unrealized Gains (Losses) Included in Income, assets 293 361
Other Comprehensive Income (Loss), assets 0 0
Purchases, Sales, Issuances and Settlements, Net, assets (1,326) (1,198)
Gross Transfers In, assets 0 0
Gross Transfers Out, assets 0 (96)
Divested Businesses 0 0
Reclassification of Held for Sale, assets 0 0
Fair Value End of Period, assets 2,512 3,545
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 17 149
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Equity securities    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 8 27
Net Realized and Unrealized Gains (Losses) Included in Income, assets (1) 0
Other Comprehensive Income (Loss), assets 6 0
Purchases, Sales, Issuances and Settlements, Net, assets 35 (20)
Gross Transfers In, assets 40 2
Gross Transfers Out, assets (37) (1)
Divested Businesses 0 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 51 8
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 1
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Other invested assets    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 1,192 587
Net Realized and Unrealized Gains (Losses) Included in Income, assets 100 20
Other Comprehensive Income (Loss), assets (3) 2
Purchases, Sales, Issuances and Settlements, Net, assets 388 (33)
Gross Transfers In, assets 150 616
Gross Transfers Out, assets 0 0
Divested Businesses 0 0
Reclassification of Held for Sale, assets   0
Fair Value End of Period, assets 1,827 1,192
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 51 22
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets 0  
Other assets    
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation    
Fair Value Beginning of Period, assets 89 58
Net Realized and Unrealized Gains (Losses) Included in Income, assets 0 0
Other Comprehensive Income (Loss), assets 0 0
Purchases, Sales, Issuances and Settlements, Net, assets 62 (7)
Gross Transfers In, assets 0 0
Gross Transfers Out, assets 0 0
Divested Businesses (38) 0
Reclassification of Held for Sale, assets   38
Fair Value End of Period, assets 113 89
Changes in Unrealized Gains (Losses) Inlcuded in Income on Instruments Held at End of Period, assets 0 $ 0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period, assets $ 0