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Investments in fixed maturity securities (Tables)
3 Months Ended
Mar. 31, 2022
Investments Debt And Equity Securities [Abstract]  
Schedule of investments in securities with fixed maturities

Investments in fixed maturity securities as of March 31, 2022 and December 31, 2021 are summarized by type below (in millions).

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury, U.S. government corporations and agencies

 

$

8,793

 

 

$

12

 

 

$

(97

)

 

$

8,708

 

Foreign governments

 

 

11,116

 

 

 

26

 

 

 

(62

)

 

 

11,080

 

Corporate bonds

 

 

1,268

 

 

 

324

 

 

 

(2

)

 

 

1,590

 

Other

 

 

308

 

 

 

34

 

 

 

(2

)

 

 

340

 

 

 

$

21,485

 

 

$

396

 

 

$

(163

)

 

$

21,718

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury, U.S. government corporations and agencies

 

$

3,286

 

 

$

22

 

 

$

(5

)

 

$

3,303

 

Foreign governments

 

 

10,998

 

 

 

29

 

 

 

(33

)

 

 

10,994

 

Corporate bonds

 

 

1,363

 

 

 

412

 

 

 

(1

)

 

 

1,774

 

Other

 

 

317

 

 

 

47

 

 

 

(1

)

 

 

363

 

 

 

$

15,964

 

 

$

510

 

 

$

(40

)

 

$

16,434

 

Schedule of amortized cost and estimated fair value of securities with fixed maturities The amortized cost and estimated fair value of fixed maturity securities at March 31, 2022 are summarized below by contractual maturity dates. Amounts are in millions. Actual maturities may differ from contractual maturities due to prepayment rights held by issuers.

 

 

Due in one

year or less

 

 

Due after one

year through

five years

 

 

Due after five

years through

ten years

 

 

Due after

ten years

 

 

Mortgage-

backed

securities

 

 

Total

 

Amortized cost

 

$

10,272

 

 

$

10,456

 

 

$

443

 

 

$

92

 

 

$

222

 

 

$

21,485

 

Fair value

 

 

10,250

 

 

 

10,370

 

 

 

734

 

 

 

112

 

 

 

252

 

 

 

21,718