XML 49 R37.htm IDEA: XBRL DOCUMENT v3.25.2
Insurance Liabilities (Future Policy Benefits Information by Product) (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Liability for Future Policy Benefit, before Reinsurance $ 31,588 $ 31,508    
Future policy benefits 31,588   $ 31,085  
Term and Whole Life Insurance        
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]        
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 2,681 2,750 2,758 $ 2,899
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance 2,983 3,091 3,110 3,162
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Model Refinements     3 4
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (8) 13
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change     3,105 3,179
Liability for Future Policy Benefit, Expected Net Premium, Issuance 8 41    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income 54 55    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected (184) (184)    
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax (302) (341)    
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 5,192 5,097 5,245 5,385
Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance 5,747 5,785 5,908 5,905
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Model Refinements     2 9
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (10) 24
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change     5,900 5,938
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance 9 43    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense 106 107    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment (268) (303)    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (555) (688)    
Liability for Future Policy Benefit, before Reinsurance 2,511 2,347    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance 17 20    
Future policy benefits $ 2,494 $ 2,327    
Liability for Future Policy Benefit, Weighted-Average Duration 7 years 4 months 24 days 8 years 8 months 12 days    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 3.91% 3.92%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.15% 5.46%    
Liability for Future Policy Benefit, Gross Premium Income $ 264 $ 276    
Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance 5,479 5,780    
Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance 4,075 4,370    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance 7,773 7,979    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Discounted, before Reinsurance 5,747 5,785    
Income Annuities        
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]        
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 0 0 0 0
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance 0 0 0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Model Refinements     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     0 0
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Issuance 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected 0 0    
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 3,829 3,664 3,728 3,719
Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance 4,153 4,064 4,121 3,993
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Model Refinements     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (27) (2)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change     4,094 3,991
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance 183 196    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense 79 76    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment (203) (199)    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (324) (400)    
Liability for Future Policy Benefit, before Reinsurance 3,829 3,664    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance 32 29    
Future policy benefits $ 3,797 $ 3,635    
Liability for Future Policy Benefit, Weighted-Average Duration 7 years 9 months 18 days 8 years 1 month 6 days    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 4.09% 4.01%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.25% 5.46%    
Liability for Future Policy Benefit, Gross Premium Income $ 227 $ 242    
Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance 0 0    
Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance 5,790 5,712    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Discounted, before Reinsurance 4,153 4,064    
Structured Settlement and Pension Risk Transfer Annuities        
Liability for Future Policy Benefit, Expected Net Premium [Roll Forward]        
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change 0 0 0 0
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance 0 0 0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) from Model Refinements     0 0
Liability for Future Policy Benefit, Expected Net Premium, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     0 0
Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Reinsurance, after Cash Flow Change     0 0
Liability for Future Policy Benefit, Expected Net Premium, Issuance 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Interest Income 0 0    
Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected 0 0    
AOCI, Liability for Future Policy Benefit, Expected Net Premium, before Tax 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward]        
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 6,053 6,225 6,118 6,697
Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance 6,731 6,946 6,876 7,085
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Model Refinements     0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience     (24) (3)
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change     $ 6,852 $ 7,082
Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense 148 152    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment (269) (288)    
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (678) (721)    
Liability for Future Policy Benefit, before Reinsurance 6,053 6,225    
Liability for Future Policy Benefit, Reinsurance Recoverable, after Allowance 59 61    
Future policy benefits $ 5,994 $ 6,164    
Liability for Future Policy Benefit, Weighted-Average Duration 11 years 6 months 11 years 6 months    
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 4.46% 4.46%    
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.54% 5.56%    
Liability for Future Policy Benefit, Gross Premium Income $ 0 $ 0    
Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance 0 0    
Liability for Future Policy Benefit, Expected Future Gross Premium, Discounted, before Reinsurance 0 0    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance 13,031 13,483    
Liability for Future Policy Benefit, Expected Future Policy Benefit, Discounted, before Reinsurance $ 6,731 $ 6,946