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INCOME TAXES - Schedule of Reconciliation of Provision for Income Taxes and Expected Tax Provision (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Taxes [Line Items]      
Underwriting gain (loss) $ 1,219 $ 477 $ 224
Net investment income 1,434 830 1,165
Net realized capital gains (losses) (276) (455) 258
Corporate expenses (73) (61) (68)
Interest, fee and bond issue cost amortization expense (134) (101) (70)
Other income (expense) (14) (102) 37
INCOME (LOSS) BEFORE TAXES 2,154 588 1,546
Increase (decrease) in taxes resulting from:      
Total income tax expense (benefit) (363) (9) 167
U.S.      
Income Taxes [Line Items]      
Underwriting gain (loss) 533 (81) (83)
Net investment income 954 607 708
Net realized capital gains (losses) (190) (426) 266
Net derivative gain (loss) 0 0 0
Corporate expenses (18) (26) (33)
Interest, fee and bond issue cost amortization expense (134) (101) (70)
Other income (expense) (13) (6) 23
INCOME (LOSS) BEFORE TAXES 1,132 (32) 811
Expected tax provision at the applicable statutory rate(s) 238 (9) 170
Increase (decrease) in taxes resulting from:      
Tax exempt income (3) (4) (4)
Dividend received deduction (2) (3) (1)
Proration 1 1 1
Affiliated preferred stock dividends 7 7 7
Creditable foreign premium tax (14) (11) (13)
Tax audit settlement 0 0 0
Share-based compensation tax benefits formerly in APIC (3) (3) (2)
Valuation allowance 0 0 0
Bermuda corporate income tax 0 0 0
Insurance company-owned life insurance (13) (1) 0
Other (3) 6 3
Total income tax expense (benefit) 208 (14) 161
Non-U.S.      
Income Taxes [Line Items]      
Underwriting gain (loss) 686 558 307
Net investment income 479 223 457
Net realized capital gains (losses) (86) (29) (8)
Net derivative gain (loss) 1 0 3
Corporate expenses (55) (35) (34)
Interest, fee and bond issue cost amortization expense 0 0 0
Other income (expense) (3) (96) 11
INCOME (LOSS) BEFORE TAXES 1,022 620 735
Expected tax provision at the applicable statutory rate(s) 26 0 14
Increase (decrease) in taxes resulting from:      
Tax exempt income 0 0 0
Dividend received deduction 0 0 0
Proration 0 0 0
Affiliated preferred stock dividends 0 0 0
Creditable foreign premium tax 0 0 0
Tax audit settlement 0 0 0
Share-based compensation tax benefits formerly in APIC 0 0 0
Valuation allowance (13) 5 (10)
Bermuda corporate income tax (578) 5 0
Insurance company-owned life insurance 0 0 0
Other (6) 0 1
Total income tax expense (benefit) $ (571) $ 5 $ 5