Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

consisted of the following for the periods indicated:

	Year Ended December 31,
	2025		2024		2023
Current tax expense:
Federal	$	84	$	57	$	14
Total current tax expense	84		57		14
Deferred tax expense (benefit):
Federal	13		—		(1)
Total deferred tax expense (benefit)	13		—		(1)
Total income tax expense	$	97	$	57	$	13

Schedule of Effective Income Tax Rate Reconciliation

	Year Ended December 31,
	2025				2024				2023
	Amount		Percent		Amount		Percent		Amount		Percent
U.S Federal Statutory Rate	$	145	21.0	%	$	135	21.0	%	$	84	21.0	%
Tax Credits
Foreign tax credits	(22)		(3.2)	%	(18)		(2.8)	%	(11)		(2.8)	%
Nontaxable or Nondeductible Items
Dividends received deduction	(35)		(5.1)	%	(47)		(7.3)	%	(36)		(9.0)	%
Other Adjustments
Security Life of Denver Company capital loss carryback(1)	—		—	%	(13)		(2.0)	%	(23)		(5.8)	%
Other	9		1.3	%	—		—	%	(1)		(0.3)	%
Effective tax rate	$	97	14.0	%	$	57	8.9	%	$	13	3.3	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and deferred tax liabilities were as follows as of the dates indicated:

	December 31,
	2025		2024
Deferred tax assets
Net unrealized investment losses	$	276	$	407
Loss carryforwards	112		165
Tax credits	76		80
Insurance reserves	73		48
Compensation and benefits	71		60
Current discount rate	59		64
Tax intangibles	49		—
Investments	6		26
Other assets	5		9
Total gross assets before valuation allowance	727		859
Less: Valuation allowance	—		—
Assets, net of valuation allowance	$	727	$	859
Deferred tax liabilities
Deferred policy acquisition costs	$	(192)	$	(175)
Other liabilities	(22)		(22)
Total gross liabilities	(214)		(197)
Net deferred income tax asset	$	513	$	662

Summary of Operating Loss Carryforwards

	December 31,
	2025			December 31, 2024
Federal net operating loss carryforward	$	535	(1)	$	788
Credit carryforward	76		(2)	80

(1) Net operating loss carryforward not subject to expiration.

(2) Expires between 2026 and 2034.