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DEFERRED POLICY ACQUISITION COSTS, DEFERRED SALES INDUCEMENTS AND VALUE OF BUSINESS ACQUIRED - Schedule of Rollforward of Deferred Acquisition Costs and Value of Business Acquired (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
DAC:    
Balance, beginning of period $ 1,702 $ 1,096
Additions 575 601
Derecognition (1,129)  
Amortization (281) (274)
Net change (835) 327
Balance, end of period 867 1,423
DSI:    
Balance, beginning of period 257 85
Additions 96 96
Derecognition (246)  
Amortization (5) (3)
Net change (155) 93
Balance, end of period 102 178
VOBA asset:    
Balance, beginning of period 509 404
Acquisition from business combination 9,276  
Additions   36
Amortization (215) 55
Net change 9,061 (19)
Balance, end of period 9,570 385
Total DAC, DSI and VOBA asset 10,539 1,986
Annuity    
DAC:    
Balance, beginning of period 1,314 886
Additions 257 253
Derecognition (1,129)  
Amortization (36) (34)
Net change (908) 219
Balance, end of period 406 1,105
DSI:    
Balance, beginning of period 257 85
Additions 96 96
Derecognition (246)  
Amortization (5) (3)
Net change (155) 93
Balance, end of period 102 178
VOBA asset:    
Balance, beginning of period 40 26
Acquisition from business combination 9,276  
Additions   18
Amortization (134) 1
Net change 9,142 17
Balance, end of period 9,182 43
Total DAC, DSI and VOBA asset 9,690 1,326
Life    
DAC:    
Balance, beginning of period 217 86
Additions 57 79
Derecognition 0  
Amortization (10) (7)
Net change 47 72
Balance, end of period 264 158
DSI:    
Balance, beginning of period 0 0
Additions 0 0
Derecognition 0  
Amortization 0 0
Net change 0 0
Balance, end of period 0 0
VOBA asset:    
Balance, beginning of period 301 310
Acquisition from business combination 0  
Additions   18
Amortization (11) 13
Net change (11) 5
Balance, end of period 290 315
Total DAC, DSI and VOBA asset 554 473
P&C    
DAC:    
Balance, beginning of period 171 124
Additions 261 269
Derecognition 0  
Amortization (235) (233)
Net change 26 36
Balance, end of period 197 160
DSI:    
Balance, beginning of period 0 0
Additions 0 0
Derecognition 0  
Amortization 0 0
Net change 0 0
Balance, end of period 0 0
VOBA asset:    
Balance, beginning of period 168 68
Acquisition from business combination 0  
Additions   0
Amortization (70) 41
Net change (70) (41)
Balance, end of period 98 27
Total DAC, DSI and VOBA asset $ 295 $ 187