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INVESTMENTS - Net Investment Income (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net Investment Income [Line Items]    
Gross investment income $ 91 $ 87
Less: investment expenses (1) (21) (11)
Net investment income 70 76
Retained Business    
Net Investment Income [Line Items]    
Gross investment income 77 65
Less: investment expenses (1) (21) (9)
Net investment income 56 56
Ceded Business    
Net Investment Income [Line Items]    
Gross investment income 14 22
Less: investment expenses (1) 0 (2)
Net investment income 14 20
Fixed maturity securities    
Net Investment Income [Line Items]    
Gross investment income 72 61
Fixed maturity securities | Retained Business    
Net Investment Income [Line Items]    
Gross investment income 60 47
Fixed maturity securities | Ceded Business    
Net Investment Income [Line Items]    
Gross investment income 12 14
Equity securities    
Net Investment Income [Line Items]    
Gross investment income 0 1
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 0 1
Mortgage loans    
Net Investment Income [Line Items]    
Gross investment income 8 4
Mortgage loans | Retained Business    
Net Investment Income [Line Items]    
Gross investment income 8 4
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 1 13
Other invested assets | Retained Business    
Net Investment Income [Line Items]    
Gross investment income 3 12
Other invested assets | Ceded Business    
Net Investment Income [Line Items]    
Gross investment income (2) 1
Short-term investments and cash equivalents    
Net Investment Income [Line Items]    
Gross investment income 10 8
Short-term investments and cash equivalents | Retained Business    
Net Investment Income [Line Items]    
Gross investment income 6 2
Short-term investments and cash equivalents | Ceded Business    
Net Investment Income [Line Items]    
Gross investment income 4 $ 6
Repurchase agreements | Retained Business    
Net Investment Income [Line Items]    
Less: investment expenses (1) $ (15)