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Unpaid losses and loss expenses (Unpaid Losses and Loss Expenses Rollforward) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Unpaid Losses and Loss Expenses [Roll Forward]      
Gross unpaid losses and loss expenses, beginning of year $ 80,122 $ 75,747 $ 72,330
Reinsurance recoverable on unpaid losses, beginning of year (17,884) [1] (17,086) [2] (16,132) [2]
Net unpaid losses and loss expenses, beginning of year 62,238 58,661 56,198
Net losses and loss expenses incurred in respect of losses occurring in Current Year 26,997 24,956 23,680
Prior Year Claims and Claims Adjustment Expense, net of PPD related to A&H (975) (856) [3] (1,108) [3]
Total 26,022 24,100 22,572
Net losses and loss expenses paid in Current Year 8,681 8,248 7,331
Net losses and loss expenses paid in Prior Year 12,822 12,763 12,206
Total 21,503 21,011 19,537
Foreign currency revaluation and other (487) 83 (572)
Net unpaid losses and loss expenses, end of year 66,270 62,238 58,661
Reinsurance recoverable on unpaid losses, end of year 17,734 [1] 17,884 [1] 17,086 [2]
Gross unpaid losses and loss expenses, end of year 84,004 80,122 75,747
Prior Period Development, net adjustments 119 83 232
Huatai Group [Member]      
Unpaid Losses and Loss Expenses [Roll Forward]      
Consolidation of Huatai Group 0 405 0
Liability for Claims and Claims Adjustment Expense [Line Items]      
Consolidation of Huatai Group $ 0 $ 405 $ 0
[1] Net of valuation allowance for uncollectible reinsurance.
[2] Net of valuation allowance for uncollectible reinsurance.
[3] 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 $119 million, $83 million, and $232 million for 2024, 2023, and 2022, respectively.