XML 87 R74.htm IDEA: XBRL DOCUMENT v3.19.2
Fair Value Measurement - Financial Instruments Carried at Fair Value (Details) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Fixed-maturity securities $ 10,733 $ 10,818
Other invested assets 60 55
Liabilities:    
Credit derivative liabilities 224 209
Recurring [Member]    
Assets:    
Other invested assets 6 7
FG VIEs’ assets, at fair value 526 569
Other assets 166 139
Total assets carried at fair value 11,431 11,533
Liabilities:    
Credit derivative liabilities 224 209
FG VIEs’ liabilities with recourse, at fair value 446 517
FG VIEs’ liabilities without recourse, at fair value 105 102
Total liabilities carried at fair value 775 828
Recurring [Member] | Level 1 [Member]    
Assets:    
Other invested assets 0 0
FG VIEs’ assets, at fair value 0 0
Other assets 32 25
Total assets carried at fair value 925 454
Liabilities:    
Credit derivative liabilities 0 0
FG VIEs’ liabilities with recourse, at fair value 0 0
FG VIEs’ liabilities without recourse, at fair value 0 0
Total liabilities carried at fair value 0 0
Recurring [Member] | Level 2 [Member]    
Assets:    
Other invested assets 0 0
FG VIEs’ assets, at fair value 0 0
Other assets 42 38
Total assets carried at fair value 8,730 9,016
Liabilities:    
Credit derivative liabilities 0 0
FG VIEs’ liabilities with recourse, at fair value 0 0
FG VIEs’ liabilities without recourse, at fair value 0 0
Total liabilities carried at fair value 0 0
Recurring [Member] | Level 3 [Member]    
Assets:    
Other invested assets 6 7
FG VIEs’ assets, at fair value 526 569
Other assets 92 76
Total assets carried at fair value 1,776 2,063
Liabilities:    
Credit derivative liabilities 224 209
FG VIEs’ liabilities with recourse, at fair value 446 517
FG VIEs’ liabilities without recourse, at fair value 105 102
Total liabilities carried at fair value 775 828
Fixed Maturities [Member]    
Assets:    
Fixed-maturity securities 9,574 10,089
Fixed Maturities [Member] | Obligations of state and political subdivisions [Member]    
Assets:    
Fixed-maturity securities 4,683 4,911
Fixed Maturities [Member] | US government and agencies [Member]    
Assets:    
Fixed-maturity securities 165 175
Fixed Maturities [Member] | Corporate securities [Member]    
Assets:    
Fixed-maturity securities 2,267 2,136
Fixed Maturities [Member] | RMBS [Member]    
Assets:    
Fixed-maturity securities 938 982
Fixed Maturities [Member] | CMBS [Member]    
Assets:    
Fixed-maturity securities 495 539
Fixed Maturities [Member] | Asset-backed Securities [Member]    
Assets:    
Fixed-maturity securities 779 1,068
Fixed Maturities [Member] | Foreign government securities [Member]    
Assets:    
Fixed-maturity securities 247 278
Fixed Maturities [Member] | Recurring [Member]    
Assets:    
Fixed-maturity securities 9,574 10,089
Fixed Maturities [Member] | Recurring [Member] | Obligations of state and political subdivisions [Member]    
Assets:    
Fixed-maturity securities 4,683 4,911
Fixed Maturities [Member] | Recurring [Member] | US government and agencies [Member]    
Assets:    
Fixed-maturity securities 165 175
Fixed Maturities [Member] | Recurring [Member] | Corporate securities [Member]    
Assets:    
Fixed-maturity securities 2,267 2,136
Fixed Maturities [Member] | Recurring [Member] | RMBS [Member]    
Assets:    
Fixed-maturity securities 938 982
Fixed Maturities [Member] | Recurring [Member] | CMBS [Member]    
Assets:    
Fixed-maturity securities 495 539
Fixed Maturities [Member] | Recurring [Member] | Asset-backed Securities [Member]    
Assets:    
Fixed-maturity securities 779 1,068
Fixed Maturities [Member] | Recurring [Member] | Foreign government securities [Member]    
Assets:    
Fixed-maturity securities 247 278
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | Obligations of state and political subdivisions [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | US government and agencies [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | Corporate securities [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | RMBS [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | CMBS [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | Asset-backed Securities [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 1 [Member] | Foreign government securities [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member]    
Assets:    
Fixed-maturity securities 8,422 8,678
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | Obligations of state and political subdivisions [Member]    
Assets:    
Fixed-maturity securities 4,578 4,812
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | US government and agencies [Member]    
Assets:    
Fixed-maturity securities 165 175
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | Corporate securities [Member]    
Assets:    
Fixed-maturity securities 2,219 2,080
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | RMBS [Member]    
Assets:    
Fixed-maturity securities 613 673
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | CMBS [Member]    
Assets:    
Fixed-maturity securities 495 539
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | Asset-backed Securities [Member]    
Assets:    
Fixed-maturity securities 105 121
Fixed Maturities [Member] | Recurring [Member] | Level 2 [Member] | Foreign government securities [Member]    
Assets:    
Fixed-maturity securities 247 278
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member]    
Assets:    
Fixed-maturity securities 1,152 1,411
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | Obligations of state and political subdivisions [Member]    
Assets:    
Fixed-maturity securities 105 99
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | US government and agencies [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | Corporate securities [Member]    
Assets:    
Fixed-maturity securities 48 56
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | RMBS [Member]    
Assets:    
Fixed-maturity securities 325 309
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | CMBS [Member]    
Assets:    
Fixed-maturity securities 0 0
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | Asset-backed Securities [Member]    
Assets:    
Fixed-maturity securities 674 947
Fixed Maturities [Member] | Recurring [Member] | Level 3 [Member] | Foreign government securities [Member]    
Assets:    
Fixed-maturity securities 0 0
Short-term Investments [Member]    
Assets:    
Fixed-maturity securities 1,159 729
Short-term Investments [Member] | Recurring [Member]    
Assets:    
Fixed-maturity securities 1,159 729
Short-term Investments [Member] | Recurring [Member] | Level 1 [Member]    
Assets:    
Fixed-maturity securities 893 429
Short-term Investments [Member] | Recurring [Member] | Level 2 [Member]    
Assets:    
Fixed-maturity securities 266 300
Short-term Investments [Member] | Recurring [Member] | Level 3 [Member]    
Assets:    
Fixed-maturity securities $ 0 $ 0