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Insurance (Tables)
 3 Months Ended
Mar. 31, 2025
Insurance [Abstract]  
Reconciliation of beginning and ending liability for unpaid losses and loss adjustment expenses The following table provides an analysis of changes in the liability for losses and loss adjustment expenses during the first three months of 2025 and 2024 (in millions):
Three months ended March 31,
20252024
Balance at beginning of year$14,179 $13,087 
Less reinsurance recoverables, net of allowance4,957 4,288 
Net liability at beginning of year9,222 8,799 
Provision for losses and LAE occurring in the current period985 962 
Net decrease in the provision for claims of prior years
(20)(50)
Total losses and LAE incurred965 912 
Payments for losses and LAE of:
Current year(104)(94)
Prior years(863)(895)
Total payments(967)(989)
Foreign currency translation and other(2)1 
Net liability at end of period9,218 8,723 
Add back reinsurance recoverables, net of allowance4,752 4,327 
Gross unpaid losses and LAE included in the balance sheet at end of period$13,970 $13,050 
Reinsurance recoverable and premiums receivable, allowance for credit loss Progressions of the 2025 and 2024 allowance for expected credit losses on recoverables from reinsurers and premiums receivable are shown below (in millions):
Recoverables from ReinsurersPremiums Receivable
2025202420252024
Balance at December 31$11 $10 $19 $15 
Provision (credit) for expected credit losses(1)— (1)— 
Write-offs charged against the allowance— — — — 
Balance at March 31$10 $10 $18 $15