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INVESTMENTS - Net Investment Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2021
Net Investment Income [Line Items]        
Gross investment income $ 103 $ 259 $ 371 $ 517
Less: investment expense (4) (4) (56) (27)
Net investment income 99 255 315 490
Retained Business        
Net Investment Income [Line Items]        
Gross investment income   127 293  
Less: investment expense   (2) (53)  
Net investment income   125 240  
Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   132 78  
Less: investment expense   (2) (3)  
Net investment income   130 75  
Fixed maturity securities        
Net Investment Income [Line Items]        
Gross investment income 61 217 272 383
Fixed maturity securities | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   123 221  
Fixed maturity securities | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   94 51  
Equity securities        
Net Investment Income [Line Items]        
Gross investment income 1 3 5 5
Equity securities | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   0 0  
Equity securities | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   3 5  
Secured receivable        
Net Investment Income [Line Items]        
Gross investment income   18 0  
Secured receivable | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   0 0  
Secured receivable | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   18 0  
Mortgage loans        
Net Investment Income [Line Items]        
Gross investment income 11 2 23 65
Mortgage loans | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   2 23  
Mortgage loans | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   0 0  
Other invested assets        
Net Investment Income [Line Items]        
Gross investment income 29 9 29 63
Other invested assets | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   2 27  
Other invested assets | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   7 2  
Short-term investments and cash equivalents        
Net Investment Income [Line Items]        
Gross investment income $ 1 10 42 $ 1
Short-term investments and cash equivalents | Retained Business        
Net Investment Income [Line Items]        
Gross investment income   0 22  
Short-term investments and cash equivalents | Ceded Business        
Net Investment Income [Line Items]        
Gross investment income   $ 10 20  
Repurchase agreements | Retained Business        
Net Investment Income [Line Items]        
Less: investment expense     $ (33)