XML 80 R67.htm IDEA: XBRL DOCUMENT v3.25.4
Reinsurance (Effects of Reinsurance on Earnings) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Premiums      
Direct premiums $ 1,235 $ 1,367 $ 1,458
Reinsurance assumed 18 20 20
Reinsurance ceded (571) (628) (667)
Net premiums 682 759 811
Universal life and investment-type product policy fees      
Direct universal life and investment-type product policy fees 2,376 2,440 2,402
Reinsurance assumed 51 52 48
Reinsurance ceded (749) (891) (672)
Net universal life and investment-type product policy fees 1,678 1,601 1,778
Other revenues      
Direct other revenues 201 209 202
Reinsurance assumed 3 4 3
Reinsurance ceded 274 286 213
Net other revenues 478 499 418
Policyholder benefits and claims      
Direct policyholder benefits and claims 3,639 3,772 3,608
Reinsurance assumed 122 94 123
Reinsurance ceded (2,011) (1,727) (1,313)
Net policyholder benefits and claims 1,750 2,139 2,418
Change in market risk benefits      
Direct change in market risk benefits (252) (2,597) (1,436)
Reinsurance assumed (22) (105) (92)
Reinsurance ceded 13 33 31
Net change in market risk benefits (261) (2,669) (1,497)
Other expenses      
Direct other expenses 1,601 1,572 1,625
Reinsurance assumed 11 21 25
Reinsurance ceded (3) 8 (25)
Total other expenses $ 1,609 $ 1,601 $ 1,625