XML 104 R42.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Assets:        
Purchases $ 859,000,000 $ 1,655,000,000 $ 4,638,000,000 $ 4,941,000,000
Sales (194,000,000) (255,000,000) (258,000,000) (433,000,000)
Issuances and Settlements (707,000,000) (2,001,000,000) (3,179,000,000) (6,592,000,000)
Purchases, Sales, Issuances and Settlements, Net (42,000,000) (601,000,000) 1,201,000,000 (2,084,000,000)
Liabilities:        
Purchases (243,000,000) (75,000,000) (492,000,000) (198,000,000)
Sales 297,000,000 216,000,000 767,000,000 611,000,000
Issuances and Settlements (27,000,000) 12,000,000 (457,000,000) (668,000,000)
Purchases, Sales, Issuances and Settlements, Net 27,000,000 153,000,000 (182,000,000) (255,000,000)
Issuances, assets 0 0 0 0
Issuances, liabilities 0 0 0 0
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period (25,000,000) 1,000,000 (98,000,000) 28,000,000
Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period. (36,000,000) 10,000,000 (122,000,000) 7,000,000
Policyholder contract deposits        
Liabilities:        
Purchases 0 0 0 0
Sales 294,000,000 214,000,000 761,000,000 607,000,000
Issuances and Settlements 33,000,000 65,000,000 (40,000,000) (209,000,000)
Purchases, Sales, Issuances and Settlements, Net 327,000,000 279,000,000 721,000,000 398,000,000
Derivative liabilities, net        
Liabilities:        
Purchases (243,000,000) (75,000,000) (492,000,000) (198,000,000)
Sales 3,000,000 2,000,000 6,000,000 4,000,000
Issuances and Settlements 50,000,000 40,000,000 159,000,000 33,000,000
Purchases, Sales, Issuances and Settlements, Net (190,000,000) (33,000,000) (327,000,000) (161,000,000)
Fortitude Re funds withheld payable        
Liabilities:        
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances and Settlements (110,000,000) (93,000,000) (576,000,000) (492,000,000)
Purchases, Sales, Issuances and Settlements, Net (110,000,000) (93,000,000) (576,000,000) (492,000,000)
Bonds available for sale        
Assets:        
Purchases 700,000,000 1,623,000,000 3,286,000,000 4,516,000,000
Sales (71,000,000) (244,000,000) (135,000,000) (365,000,000)
Issuances and Settlements (568,000,000) (1,478,000,000) (2,298,000,000) (5,330,000,000)
Purchases, Sales, Issuances and Settlements, Net 61,000,000 (99,000,000) 853,000,000 (1,179,000,000)
Bonds available for sale | Obligations of states, municipalities and political subdivisions        
Assets:        
Purchases 5,000,000 40,000,000 6,000,000 51,000,000
Sales 0 (16,000,000) (64,000,000) (59,000,000)
Issuances and Settlements (34,000,000) (31,000,000) (36,000,000) (117,000,000)
Purchases, Sales, Issuances and Settlements, Net (29,000,000) (7,000,000) (94,000,000) (125,000,000)
Bonds available for sale | Non-U.S. governments        
Assets:        
Purchases   0   1,000,000
Sales   0   0
Issuances and Settlements   0   0
Purchases, Sales, Issuances and Settlements, Net   0   1,000,000
Bonds available for sale | Corporate debt        
Assets:        
Purchases 31,000,000 23,000,000 54,000,000 976,000,000
Sales (49,000,000) (61,000,000) (49,000,000) (94,000,000)
Issuances and Settlements (82,000,000) (135,000,000) (142,000,000) (847,000,000)
Purchases, Sales, Issuances and Settlements, Net (100,000,000) (173,000,000) (137,000,000) 35,000,000
Bonds available for sale | RMBS        
Assets:        
Purchases 56,000,000 704,000,000 341,000,000 1,186,000,000
Sales 0 (164,000,000) 0 (279,000,000)
Issuances and Settlements (355,000,000) (626,000,000) (1,514,000,000) (1,884,000,000)
Purchases, Sales, Issuances and Settlements, Net (299,000,000) (86,000,000) (1,173,000,000) (977,000,000)
Bonds available for sale | CMBS        
Assets:        
Purchases 27,000,000 7,000,000 173,000,000 297,000,000
Sales 0 (3,000,000) 0 (3,000,000)
Issuances and Settlements (60,000,000) (17,000,000) (89,000,000) (49,000,000)
Purchases, Sales, Issuances and Settlements, Net (33,000,000) (13,000,000) 84,000,000 245,000,000
Bonds available for sale | CDO/ABS        
Assets:        
Purchases 581,000,000 849,000,000 2,712,000,000 2,005,000,000
Sales (22,000,000) 0 (22,000,000) 70,000,000
Issuances and Settlements (36,000,000) (669,000,000) (516,000,000) (2,433,000,000)
Purchases, Sales, Issuances and Settlements, Net 523,000,000 180,000,000 2,174,000,000 (358,000,000)
Other bond securities        
Assets:        
Purchases 98,000,000 0 769,000,000 1,000,000
Sales (123,000,000) (11,000,000) (123,000,000) (65,000,000)
Issuances and Settlements (41,000,000) (140,000,000) (222,000,000) (390,000,000)
Purchases, Sales, Issuances and Settlements, Net (66,000,000) (151,000,000) 424,000,000 (454,000,000)
Other bond securities | Corporate debt        
Assets:        
Purchases 2,000,000   26,000,000  
Sales 0   0  
Issuances and Settlements 64,000,000   164,000,000  
Purchases, Sales, Issuances and Settlements, Net 66,000,000   190,000,000  
Other bond securities | RMBS        
Assets:        
Purchases 31,000,000 0 62,000,000 1,000,000
Sales 0 (2,000,000) 0 (11,000,000)
Issuances and Settlements (5,000,000) (6,000,000) (22,000,000) (28,000,000)
Purchases, Sales, Issuances and Settlements, Net 26,000,000 (8,000,000) 40,000,000 (38,000,000)
Other bond securities | CMBS        
Assets:        
Purchases   0   0
Sales   (9,000,000)   (15,000,000)
Issuances and Settlements   0   0
Purchases, Sales, Issuances and Settlements, Net 0 (9,000,000) 0 (15,000,000)
Other bond securities | CDO/ABS        
Assets:        
Purchases 65,000,000 0 681,000,000 0
Sales (123,000,000) 0 (123,000,000) (39,000,000)
Issuances and Settlements (100,000,000) (134,000,000) (364,000,000) (362,000,000)
Purchases, Sales, Issuances and Settlements, Net (158,000,000) (134,000,000) 194,000,000 (401,000,000)
Equity securities        
Assets:        
Purchases 8,000,000 0 13,000,000 0
Sales 0 0 0 (3,000,000)
Issuances and Settlements 0 (1,000,000) 1,000,000 (121,000,000)
Purchases, Sales, Issuances and Settlements, Net 8,000,000 (1,000,000) 14,000,000 (124,000,000)
Other invested assets        
Assets:        
Purchases 53,000,000 32,000,000 570,000,000 424,000,000
Sales 0 0 0 0
Issuances and Settlements (98,000,000) (383,000,000) (653,000,000) (752,000,000)
Purchases, Sales, Issuances and Settlements, Net (45,000,000) (351,000,000) (83,000,000) (328,000,000)
Other assets        
Assets:        
Purchases 0 0 0 0
Sales 0 0 0 0
Issuances and Settlements 0 1,000,000 (7,000,000) 1,000,000
Purchases, Sales, Issuances and Settlements, Net $ 0 $ 1,000,000 $ (7,000,000) $ 1,000,000