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DERIVATIVES AND HEDGE ACCOUNTING (Details - Hedge Accounting) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]    
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships $ 87 $ 101
Net realized gains (losses) | Modified Coinsurance And Funds Withheld Assets [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 3,262 2,265
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Interest credited to policyholder account balances    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (21) (4)
Gain (loss) recognized in earnings on hedged items 23 6
Gains/(losses) recognized in earnings for excluded components 0 0
Net Impact 2 2
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging | Net investment income    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 1 8
Gain (loss) recognized in earnings on hedged items (1) (7)
Gains/(losses) recognized in earnings for excluded components 0 0
Net Impact 0 1
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging | Net realized gains (losses)    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 109 32
Gain (loss) recognized in earnings on hedged items (109) (32)
Gains/(losses) recognized in earnings for excluded components 42 (29)
Net Impact 42 (29)
Derivatives not designated as hedging instruments    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 4,717 2,698
Derivatives not designated as hedging instruments | Net realized gains (losses)    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 1,448 440
Derivatives not designated as hedging instruments | Net investment income    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (1) (12)
Derivatives not designated as hedging instruments | Policy fees    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 15 15
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (7) (10)
Derivatives not designated as hedging instruments | Interest rate contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (613) (1,545)
Derivatives not designated as hedging instruments | Foreign exchange contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 236 (87)
Derivatives not designated as hedging instruments | Equity contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (204) (519)
Derivatives not designated as hedging instruments | Commodity contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (4) 0
Derivatives not designated as hedging instruments | Credit contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives (1) (5)
Derivatives not designated as hedging instruments | Other contracts    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives 18 15
Derivatives not designated as hedging instruments | Embedded derivatives    
Derivative Instruments, Gain (Loss) [Line Items]    
Gains/(losses) recognized in earnings on hedging derivatives $ 5,285 $ 4,839