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Schedule V. Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule V. Valuation and Qualifying Accounts
SCHEDULE V. VALUATION AND QUALIFYING ACCOUNTS
(In millions)Balance at Beginning of PeriodCharged to Costs and ExpensesCharged to Other AccountsDeductionsBalance at End of Period
Year ended December 31, 2024
Allowance for uncollectible:
Insurance and reinsurance receivables$50 $$— $(10)$47 
Allowance for credit losses:
Mortgage loan receivables
$35 $— $— $— $35 
Fixed maturity securities
$16 $— $43 $(14)$45 
Year ended December 31, 2023
Allowance for uncollectible:
Insurance and reinsurance receivables$51 $11 $— $(12)$50 
Allowance for credit losses:
Mortgage loan receivables
$24 $— $11 $— $35 
Fixed maturity securities
$$— $44 $(29)$16 
Year ended December 31, 2022
Allowance for uncollectible:
Insurance and reinsurance receivables$50 $$— $(7)$51 
Allowance for credit losses:
Mortgage loan receivables
$16 $— $$— $24 
Fixed maturity securities
$18 $— $$(21)$
Effects of foreign currency translation, changes in the estimate of the allowance for credit losses on mortgage loan receivables, increases in the estimate of the allowance for credit losses on fixed maturity securities and allowances established with respect to assets purchased with credit deterioration are presented within the Charged to Other Accounts column in the table above. Write-offs of uncollectible amounts and reductions to the allowance for credit losses due to securities sold during the period or the reversal for securities that had an allowance recorded in a previous period are presented within the Deductions column in the table above.