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Unpaid losses and loss expenses (RF) (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Liability for Claims and Claims Adjustment Expense [Line Items]    
Gross unpaid losses and loss expenses – beginning of period $ 80,122 $ 75,747
Reinsurance recoverable on unpaid losses and loss expenses – beginning of period (1) [1] (17,884) (17,086)
Net unpaid losses and loss expenses – beginning of period 62,238 58,661
Current Year Claims and Claims Adjustment Expense 20,302 18,604
Prior Year Claims and Claims Adjustment Expense [2] (761) (667)
Total, Incurred 19,541 17,937
Net loss and loss expenses paid, Current Year 5,005 4,853
Net loss and loss expenses paid, Prior Years 10,074 10,158
Total, Paid 15,079 15,011
Foreign currency revaluation and other (5) (95)
Net unpaid losses and loss expenses – end of period 66,695 61,897
Reinsurance recoverable on unpaid losses and loss expenses (1) [1] 17,631 17,808
Gross unpaid losses and loss expenses – end of period 84,326 79,705
prior period development, net adjustments 118 71
Huatai Group    
Liability for Claims and Claims Adjustment Expense [Line Items]    
Net unpaid losses and loss expenses – end of period $ 0 $ 405
[1] Net of valuation allowance for uncollectible reinsurance.
[2] Relates to prior period loss reserve development only and excludes prior period development related to reinstatement premiums, expense adjustments, earned premiums, and A&H long-duration lines totaling $118 million and $71 million for the nine months ended September 30, 2024 and 2023, respectively.