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SIGNIFICANT ACCOUNTING POLICIES - Assumption Updates and Model Changes (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Change in Accounting Estimate [Line Items]          
Policy charges and fee income     $ 229 $ 204 $ 261
Policyholders’ benefits     300 255 184
Amortization of deferred policy acquisition costs, net     (40) (35) (31)
Income (loss) from operations, before income taxes     (107) (109) (39)
Net income (loss)     $ (86) (85) (10)
Annuity Liabilities          
Change in Accounting Estimate [Line Items]          
Liability for policyholder contract deposits, interest rate 0.30%   0.30%    
Minimum          
Change in Accounting Estimate [Line Items]          
Percentage of life insurance liabilities calculate within traditional life interest rate range     3.50%    
Maximum          
Change in Accounting Estimate [Line Items]          
Percentage of life insurance liabilities calculate within traditional life interest rate range     4.50%    
Adjustment          
Change in Accounting Estimate [Line Items]          
Income (loss) from operations, before income taxes $ (7)        
Assumptions Updates          
Change in Accounting Estimate [Line Items]          
Policy charges and fee income         9
Policyholders’ benefits     $ 11 (14) 1
Amortization of deferred policy acquisition costs, net     1   8
Income (loss) from operations, before income taxes     11 (11) (16)
Net income (loss)     $ 9 $ (9) $ (13)
Model Changes          
Change in Accounting Estimate [Line Items]          
Income (loss) from operations, before income taxes   $ 21      
Net income (loss)   $ 17