XML 38 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Investments - Fixed Maturities and Equity Securities (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Sep. 30, 2020
Dec. 31, 2019
Available-for-sale Securities Including Securities Pledged [Line Items]      
Securities pledged, amortized costs   $ 396 $ 749
U.S. Treasuries      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   542 565
Fixed maturities, Gross Unrealized Capital Gains   207 129
Fixed maturities, Gross Unrealized Capital Losses   0 3
Embedded Derivatives   0 0
Fair Value   749 691
OTTI   0 0
US Treasury and Government      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   18 19
Fixed maturities, Gross Unrealized Capital Gains   2 0
Fixed maturities, Gross Unrealized Capital Losses   0 0
Embedded Derivatives   0 0
Fair Value   20 19
OTTI   0 0
State, municipalities and political subdivisions      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   700 747
Fixed maturities, Gross Unrealized Capital Gains   118 68
Fixed maturities, Gross Unrealized Capital Losses   0 0
Embedded Derivatives   0 0
Fair Value   818 815
OTTI   0 0
U.S. corporate public securities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   7,348 7,103
Fixed maturities, Gross Unrealized Capital Gains   1,317 941
Fixed maturities, Gross Unrealized Capital Losses   32 13
Embedded Derivatives   0 0
Fair Value   8,633 8,031
OTTI   0 0
U.S. corporate private securities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   3,719 3,776
Fixed maturities, Gross Unrealized Capital Gains   519 306
Fixed maturities, Gross Unrealized Capital Losses   31 16
Embedded Derivatives   0 0
Fair Value   4,207 4,066
OTTI   0 0
Foreign corporate public securities and foreign governments      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   2,521 2,417
Fixed maturities, Gross Unrealized Capital Gains   348 265
Fixed maturities, Gross Unrealized Capital Losses   9 3
Embedded Derivatives   0 0
Fair Value   2,860 2,679
OTTI   0 0
Foreign corporate private securities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   3,089 3,171
Fixed maturities, Gross Unrealized Capital Gains   300 205
Fixed maturities, Gross Unrealized Capital Losses   31 1
Embedded Derivatives   0 0
Fair Value   3,358 3,375
OTTI   0 0
Residential mortgage-backed      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   4,134 3,685
Fixed maturities, Gross Unrealized Capital Gains   185 125
Fixed maturities, Gross Unrealized Capital Losses   29 11
Embedded Derivatives   13 11
Fair Value   4,301 3,810
OTTI   2 2
Commercial mortgage-backed      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   2,825 2,381
Fixed maturities, Gross Unrealized Capital Gains   192 122
Fixed maturities, Gross Unrealized Capital Losses   57 3
Embedded Derivatives   0 0
Fair Value   2,959 2,500
OTTI   1 0
Other asset-backed securities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   1,499 1,472
Fixed maturities, Gross Unrealized Capital Gains   25 15
Fixed maturities, Gross Unrealized Capital Losses   18 13
Embedded Derivatives   0 0
Fair Value   1,503 1,474
OTTI   3 1
Embedded derivatives - fixed maturities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Amortized Cost   26,395 25,336
Fixed maturities, Gross Unrealized Capital Gains   3,213 2,176
Fixed maturities, Gross Unrealized Capital Losses   207 63
Embedded Derivatives   13 11
Fair Value   29,408 27,460
OTTI   6 3
Total fixed maturities, less securities pledged, Amortized Cost   25,999 24,587
Total fixed maturities, less securities pledged, Gross Unrealized Capital Gains   3,130 2,091
Total fixed maturities, less securities pledged, Gross Unrealized Capital Losses   204 57
Total fixed maturities, less securities pledged, Fair Value   28,932 26,632
Impaired available-for-sale securities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Marketable Securities, Unrealized Gain (Loss) $ 137    
Collateral Pledged      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Securities pledged   476 828
Collateral Pledged | Embedded derivatives - fixed maturities      
Available-for-sale Securities Including Securities Pledged [Line Items]      
Embedded Derivatives   0 0
OTTI   0 0
Securities pledged, amortized costs   396 749
Securities pledged, Gross Unrealized Capital Gains   83 85
Securities pledged, Gross Unrealized Capital Losses   3 6
Securities pledged   $ 476 $ 828