Asset Management Fees (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents the sources of asset management fees on a consolidated basis.

Asset Management Fees

	Year Ended December 31,
	2024		2023 (1)		2022
	(in millions)
Management fees	$	—	$	21	$	53
Performance fees	—		18		19
Reimbursable fund expenses	—		14		21
Total asset management fees	$	—	$	53	$	93

____________________

(1)    Represents asset management fees associated with the AssuredIM consolidated business for the first half of 2023, prior to the Sound Point Transaction and AHP Transaction.