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FAIR VALUE OF ASSETS AND LIABILITIES - Changes in Level 3 Assets and Liabilities (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Insurance Liabilities | Retained Business          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period $ 2,342 $ 3,056 $ 2,835 $ 2,941 $ 2,941
Reduction in estimates of ultimate losses (121) (354) (506) (702)  
Increase in estimates of ultimate losses 105 103 213 235  
Change in fair value (discount rate) (137) (189) (382) 46  
Fee income and paid losses 44 96 73 196  
Other 0 (1) 0 (5)  
Fair Value, end of period 2,233 2,711 2,233 2,711 2,835
Insurance Liabilities | Ceded Business          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 2,203 2,695 2,168 2,605 2,605
Reduction in estimates of ultimate losses (96) (559) (192) (625)  
Increase in estimates of ultimate losses 59 143 218 210  
Change in fair value (discount rate) (14) (20) (45) 56  
Fee income and paid losses 1 14 4 27  
Other 0 0 0 0  
Fair Value, end of period 2,153 2,273 2,153 2,273 2,168
Foreign corporate private securities | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period   0 1 0 0
Total realized and unrealized gains (losses)   0 0 0  
Purchases   5 0 5  
Sales   0 0 0  
Issuances   0 0 0  
Settlements   (2) (1) (2)  
Other   0 0 0  
Transfers into Level 3   0 0 0  
Transfers out of Level 3   0 0 0  
Fair Value, end of period 0 3 0 3 1
Unrealized gains (losses) for assets still held   0 0 0  
Short-term investments | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period     4    
Total realized and unrealized gains (losses)     0    
Purchases     3    
Sales     0    
Issuances     0    
Settlements     (7)    
Other     0    
Transfers into Level 3     0    
Transfers out of Level 3     0    
Fair Value, end of period 0   0   4
Unrealized gains (losses) for assets still held     0    
Deposit asset | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 426 608 438 607 607
Total realized and unrealized gains (losses) (21) (10) (31) (8)  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Other (1) (122) (3) (123)  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period 404 476 404 476 438
Unrealized gains (losses) for assets still held 0 0 0 0  
Reinsurance recoverables | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 155 247 206 235 235
Total realized and unrealized gains (losses) (4) (47) (55) (35)  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Other 0 0 0 0  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period 151 200 151 200 206
Unrealized gains (losses) for assets still held 0 0 0 0  
Net modified coinsurance receivable (payable) | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period (72) (45) (78) 18 18
Total realized and unrealized gains (losses) (56) (36) (50) (99)  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Other 0 0 0 0  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period (128) (81) (128) (81) (78)
Unrealized gains (losses) for assets still held 0 0 0 0  
Fixed maturity securities | U.S. corporate private securities | Retained Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 271 182 244 146 146
Total realized and unrealized gains (losses) (4) 1 (1) 1  
Purchases 0 27 24 46  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements 0 0 0 (1)  
Other 0 0 0 0  
Transfers into Level 3 0 18 0 18  
Transfers out of Level 3 0 (18) 0 0  
Fair Value, end of period 267 210 267 210 244
Unrealized gains (losses) for assets still held (2) 2 0 1  
Fixed maturity securities | U.S. corporate private securities | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 1   1    
Total realized and unrealized gains (losses) 0   0    
Purchases 1   1    
Sales 0   0    
Issuances 0   0    
Settlements 0   0    
Other 0   0    
Transfers into Level 3 0   0    
Transfers out of Level 3 0   0    
Fair Value, end of period 2   2   1
Unrealized gains (losses) for assets still held 0   0    
Fixed maturity securities | Foreign corporate private securities | Retained Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 57 36 56 36 36
Total realized and unrealized gains (losses) (1) (2) 0 (2)  
Purchases 0 0 0 0  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Other 0 0 0 0  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period 56 34 56 34 56
Unrealized gains (losses) for assets still held (1) (3) 0 (2)  
Fixed maturity securities | Residential mortgage-backed securities | Retained Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 5   5    
Total realized and unrealized gains (losses) 0   0    
Purchases 0   0    
Sales 0   0    
Issuances 0   0    
Settlements 0   0    
Other 0   0    
Transfers into Level 3 0   0    
Transfers out of Level 3 0   0    
Fair Value, end of period 5   5   5
Unrealized gains (losses) for assets still held 0   0    
Fixed maturity securities | Asset-backed securities | Retained Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 258 191 246 155 155
Total realized and unrealized gains (losses) 0 0 (1) (2)  
Purchases 4 18 18 56  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements (3) (1) (4) (1)  
Other 0 0 0 0  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period 259 208 259 208 246
Unrealized gains (losses) for assets still held 0 1 (2) (1)  
Fixed maturity securities | Asset-backed securities | Ceded Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 28   0    
Total realized and unrealized gains (losses) 0   0    
Purchases 0   28    
Sales 0   0    
Issuances 0   0    
Settlements (2)   (2)    
Other 0   0    
Transfers into Level 3 0   0    
Transfers out of Level 3 (10)   (10)    
Fair Value, end of period 16   16   0
Unrealized gains (losses) for assets still held 0   0    
Equity securities | Residential mortgage loans | Retained Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 348 158 361 161 161
Total realized and unrealized gains (losses) (2) 0 3 0  
Purchases 3 31 7 44  
Sales 0 0 0 0  
Issuances 0 0 0  
Settlements (44) (38) (66) (54)  
Other 0 0 0 0  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period 305 151 305 151 361
Unrealized gains (losses) for assets still held (4) 0 1 0  
Equity securities | Commercial mortgage-backed securities | Retained Business          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value, beginning of period 77 48 76 35 35
Total realized and unrealized gains (losses) 0 0 1 0  
Purchases 0 30 0 43  
Sales 0 0 0 0  
Issuances 0 0 0 0  
Settlements 0 0 0 0  
Other 0 0 0 0  
Transfers into Level 3 0 0 0 0  
Transfers out of Level 3 0 0 0 0  
Fair Value, end of period 77 78 77 78 $ 76
Unrealized gains (losses) for assets still held $ (1) $ 0 $ 0 $ 0