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FAIR VALUE MEASUREMENTS (Details - Assets and Liabilities Measured at Fair Value on a Recurring Basis) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale [1] $ 257,219 $ 277,202
Other bond securities [1] 6,582 6,278
Equity securities [1] 695 739
Other invested assets 11,687 10,504
Derivative Assets, Fair Value, Gross 5,828 5,761
Derivative assets, Counterparty netting (3,295) (2,779)
Derivative assets, Cash collateral (1,877) (2,139)
Derivative assets 656 843
Short-term investments 3,430 4,426
Separate account assets, at fair value 100,850 109,111
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 8,080 9,736
Other policyholder funds 3,768 3,476
Derivative Liabilities, Fair Value, Gross 5,169 4,454
Derivative liabilities, Counterparty netting (3,295) (2,779)
Derivative liabilities, Cash collateral (1,478) (1,089)
Derivative liabilities 396 586
Fortitude Re funds withheld payable 36,481 40,771
Other liabilities 396 586
Long-term debt 1,782 1,871
Fair Value Using Net Asset Value Per Share or its equivalent 9,451 8,418
Level 1    
Fair Value, Liabilities Measured on Recurring Basis    
Fortitude Re funds withheld payable 0 0
Level 2    
Fair Value, Liabilities Measured on Recurring Basis    
Fortitude Re funds withheld payable 0 0
Level 3    
Fair Value, Liabilities Measured on Recurring Basis    
Fortitude Re funds withheld payable 34,275 34,849
Recurring Basis    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 257,219 277,202
Other bond securities 6,582 6,278
Equity securities 695 739
Other invested assets 2,080 2,086
Derivative assets, Counterparty netting (3,295) (2,779)
Derivative assets, Cash collateral (1,877) (2,139)
Derivative assets, Counterparty netting and cash collateral (5,172) (4,918)
Derivative assets 656 843
Short-term investments 3,430 4,426
Other assets 108 114
Separate account assets, at fair value 100,850 109,111
Fair value assets measured on recurring basis, total 371,620 400,799
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 8,080 9,736
Derivative liabilities, Counterparty netting (3,295) (2,779)
Derivative liabilities, Cash collateral (1,478) (1,089)
Derivative liabilities, Counterparty netting and cash collateral (4,773) (3,868)
Derivative liabilities 396 586
Fortitude Re funds withheld payable 2,206 5,922
Long-term debt 1,782 1,871
Fair value liabilities measured on recurring basis, total 12,464 18,115
Recurring Basis | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 4,003 3,873
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,404 3,633
Recurring Basis | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,404 1,189
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 665 721
Recurring Basis | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 403 681
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 55 53
Recurring Basis | Commodity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 3 4
Recurring Basis | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 1
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 45 47
Recurring Basis | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 14 13
Recurring Basis | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 7,867 8,194
Other bond securities 1,689 1,750
Recurring Basis | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 13,513 14,527
Other bond securities 98 97
Recurring Basis | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,982 16,330
Other bond securities 85 76
Recurring Basis | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 161,628 175,608
Other bond securities 1,341 1,050
Recurring Basis | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 24,535 27,287
Other bond securities 312 411
Recurring Basis | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,100 15,809
Other bond securities 317 315
Recurring Basis | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 19,594 19,447
Other bond securities 2,740 2,579
Recurring Basis | Level 1    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 120 2,562
Other bond securities 0 0
Equity securities 639 669
Other invested assets 0 0
Derivative Assets, Fair Value, Gross 32 7
Short-term investments 2,140 2,584
Other assets 0 0
Separate account assets, at fair value 97,083 105,221
Fair value assets measured on recurring basis, total 100,014 111,043
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 0 0
Derivative Liabilities, Fair Value, Gross 9 2
Fortitude Re funds withheld payable 0 0
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 9 2
Recurring Basis | Level 1 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 2 1
Recurring Basis | Level 1 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 1 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 31 7
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 7 1
Recurring Basis | Level 1 | Commodity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Recurring Basis | Level 1 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 1 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Recurring Basis | Level 1 | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8 2,553
Other bond securities 0 0
Recurring Basis | Level 1 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 112 9
Other bond securities 0 0
Recurring Basis | Level 1 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 1 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 2    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 231,695 247,778
Other bond securities 3,622 3,581
Equity securities 50 64
Other invested assets 145 138
Derivative Assets, Fair Value, Gross 5,587 5,289
Short-term investments 1,290 1,842
Other assets 0 0
Separate account assets, at fair value 3,767 3,890
Fair value assets measured on recurring basis, total 246,156 262,582
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 50 54
Derivative Liabilities, Fair Value, Gross 5,116 4,415
Fortitude Re funds withheld payable 0 0
Long-term debt 1,782 1,871
Fair value liabilities measured on recurring basis, total 6,948 6,340
Recurring Basis | Level 2 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 3,998 3,873
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 4,402 3,632
Recurring Basis | Level 2 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1,404 1,188
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 665 721
Recurring Basis | Level 2 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 182 224
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 36 46
Recurring Basis | Level 2 | Commodity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 3 4
Recurring Basis | Level 2 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 13 16
Recurring Basis | Level 2 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Recurring Basis | Level 2 | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 7,859 5,641
Other bond securities 1,689 1,750
Recurring Basis | Level 2 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 12,426 13,096
Other bond securities 98 97
Recurring Basis | Level 2 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,862 16,314
Other bond securities 85 76
Recurring Basis | Level 2 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 158,884 172,967
Other bond securities 1,081 916
Recurring Basis | Level 2 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 15,610 16,909
Other bond securities 113 215
Recurring Basis | Level 2 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 14,236 14,619
Other bond securities 284 280
Recurring Basis | Level 2 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 7,818 8,232
Other bond securities 272 247
Recurring Basis | Level 3    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 25,404 26,862
Other bond securities 2,960 2,697
Equity securities 6 6
Other invested assets 1,935 1,948
Derivative Assets, Fair Value, Gross 209 465
Short-term investments 0 0
Other assets 108 114
Separate account assets, at fair value 0 0
Fair value assets measured on recurring basis, total 30,622 32,092
Fair Value, Liabilities Measured on Recurring Basis    
Policyholder contract deposits, portion measured at fair value 8,030 9,682
Derivative Liabilities, Fair Value, Gross 44 37
Fortitude Re funds withheld payable 2,206 5,922
Long-term debt 0 0
Fair value liabilities measured on recurring basis, total 10,280 15,641
Recurring Basis | Level 3 | Interest rate contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 4 0
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 3 | Foreign exchange contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 1
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 0 0
Recurring Basis | Level 3 | Equity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 190 450
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 12 6
Recurring Basis | Level 3 | Commodity contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 0 0
Recurring Basis | Level 3 | Credit contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 1 1
Fair Value, Liabilities Measured on Recurring Basis    
Derivative Liabilities, Fair Value, Gross 32 31
Recurring Basis | Level 3 | Other contracts    
Fair Value, Assets Measured on Recurring Basis    
Derivative Assets, Fair Value, Gross 14 13
Recurring Basis | Level 3 | U.S. government and government sponsored entities    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 0 0
Other bond securities 0 0
Recurring Basis | Level 3 | Obligations of states, municipalities and political subdivisions    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 1,087 1,431
Other bond securities 0 0
Recurring Basis | Level 3 | Non-U.S. governments    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8 7
Other bond securities 0 0
Recurring Basis | Level 3 | Corporate debt    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 2,744 2,641
Other bond securities 260 134
Recurring Basis | Level 3 | Residential mortgage-backed securities (RMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 8,925 10,378
Other bond securities 199 196
Recurring Basis | Level 3 | Commercial mortgage-backed securities (CMBS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 864 1,190
Other bond securities 33 35
Recurring Basis | Level 3 | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)    
Fair Value, Assets Measured on Recurring Basis    
Bonds available for sale 11,776 11,215
Other bond securities $ 2,468 $ 2,332
[1] See Note 8 for details of balances associated with variable interest entities.