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Future policy benefits (Rollforward) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Liability for Future Policy Benefit, Activity [Line Items]      
Deferred profit liability $ 1,908 $ 1,351  
Net liability for future policy benefits, before reinsurance recoverable 16,690 14,375 $ 16,121
Less: Reinsurance recoverable on future policy benefits [1] 267   $ 289
Segment Life [Member]      
Liability for Future Policy Benefit, Activity [Line Items]      
Balance – beginning of period 17,679 16,036  
Beginning balance at original discount rate 17,745 16,693  
Effect of changes in cash flow assumptions (9) 185  
Effect of actual variances from expected experience (63) (16)  
Adjusted beginning of period balance 17,673 16,862  
Issuances 1,160 1,059  
Interest accrual 181 174  
Net premiums collected (1) [2] (801) (737)  
Other (including foreign exchange) (109) 73  
Ending balance at original discount rate 18,104 17,431  
Effect of changes in discount rate assumptions 29 (684)  
Balance – end of period 18,133 16,747  
Balance – beginning of period 30,635 27,462  
Beginning balance at original discount rate 30,142 28,303  
Effect of changes in cash flow assumptions (8) 194  
Effect of actual variances from expected experience (61) (6)  
Adjusted beginning of period balance 30,073 28,491  
Issuances 1,160 1,059  
Interest accrual 280 260  
Benefits payments (556) (550)  
Other (including foreign exchange) (162) 163  
Ending balance at original discount rate 30,795 29,423  
Effect of changes in discount rate assumptions 689 (801)  
Balance – end of period 31,484 28,622  
Net liability for future policy benefits 13,351 11,875  
Deferred profit liability 1,908 1,351  
Net liability for future policy benefits, before reinsurance recoverable 15,259 13,226  
Less: Reinsurance recoverable on future policy benefits 267 266  
Net liability for future policy benefits, after reinsurance recoverable $ 14,992 $ 12,960  
Weighted average duration (years) 21 years 9 months 18 days 19 years 3 months 18 days  
Other Segments      
Liability for Future Policy Benefit, Activity [Line Items]      
Net liability for future policy benefits, before reinsurance recoverable $ 1,431 $ 1,149  
Term Life Insurance | Segment Life [Member]      
Liability for Future Policy Benefit, Activity [Line Items]      
Balance – beginning of period 1,523 1,590  
Beginning balance at original discount rate 1,819 1,992  
Effect of changes in cash flow assumptions 0 6  
Effect of actual variances from expected experience 7 (1)  
Adjusted beginning of period balance 1,826 1,997  
Issuances 65 65  
Interest accrual 14 14  
Net premiums collected (1) [2] (59) (57)  
Other (including foreign exchange) (6) (5)  
Ending balance at original discount rate 1,840 2,014  
Effect of changes in discount rate assumptions (295) (407)  
Balance – end of period 1,545 1,607  
Balance – beginning of period 2,238 2,254  
Beginning balance at original discount rate 2,647 2,749  
Effect of changes in cash flow assumptions 0 8  
Effect of actual variances from expected experience 10 3  
Adjusted beginning of period balance 2,657 2,760  
Issuances 65 65  
Interest accrual 19 19  
Benefits payments (51) (59)  
Other (including foreign exchange) (6) 30  
Ending balance at original discount rate 2,684 2,815  
Effect of changes in discount rate assumptions (416) (516)  
Balance – end of period 2,268 2,299  
Net liability for future policy benefits 723 692  
Deferred profit liability 291 254  
Net liability for future policy benefits, before reinsurance recoverable 1,014 946  
Less: Reinsurance recoverable on future policy benefits 108 107  
Net liability for future policy benefits, after reinsurance recoverable $ 906 $ 839  
Weighted average duration (years) 10 years 6 months 10 years 2 months 12 days  
Whole Life Insurance | Segment Life [Member]      
Liability for Future Policy Benefit, Activity [Line Items]      
Balance – beginning of period $ 4,405 $ 3,950  
Beginning balance at original discount rate 4,303 3,945  
Effect of changes in cash flow assumptions (4) 70  
Effect of actual variances from expected experience 23 22  
Adjusted beginning of period balance 4,322 4,037  
Issuances 288 295  
Interest accrual 32 27  
Net premiums collected (1) [2] (311) (310)  
Other (including foreign exchange) (19) (4)  
Ending balance at original discount rate 4,312 4,045  
Effect of changes in discount rate assumptions 111 18  
Balance – end of period 4,423 4,063  
Balance – beginning of period 12,057 10,063  
Beginning balance at original discount rate 11,242 9,991  
Effect of changes in cash flow assumptions (10) 86  
Effect of actual variances from expected experience 24 27  
Adjusted beginning of period balance 11,256 10,104  
Issuances 288 295  
Interest accrual 90 74  
Benefits payments (78) (87)  
Other (including foreign exchange) (32) (2)  
Ending balance at original discount rate 11,524 10,384  
Effect of changes in discount rate assumptions 905 184  
Balance – end of period 12,429 10,568  
Net liability for future policy benefits 8,006 6,505  
Deferred profit liability 1,351 904  
Net liability for future policy benefits, before reinsurance recoverable 9,357 7,409  
Less: Reinsurance recoverable on future policy benefits 45 45  
Net liability for future policy benefits, after reinsurance recoverable $ 9,312 $ 7,364  
Weighted average duration (years) 27 years 10 months 24 days 25 years 7 months 6 days  
Accident and Health Insurance Product Line [Member] | Segment Life [Member]      
Liability for Future Policy Benefit, Activity [Line Items]      
Balance – beginning of period $ 11,626 $ 10,432  
Beginning balance at original discount rate 11,499 10,692  
Effect of changes in cash flow assumptions (5) 109  
Effect of actual variances from expected experience (93) (37)  
Adjusted beginning of period balance 11,401 10,764  
Issuances 599 697  
Interest accrual 133 133  
Net premiums collected (1) [2] (370) (363)  
Other (including foreign exchange) (86) 82  
Ending balance at original discount rate 11,677 11,313  
Effect of changes in discount rate assumptions 212 (295)  
Balance – end of period 11,889 11,018  
Balance – beginning of period 15,693 14,650  
Beginning balance at original discount rate 15,652 15,071  
Effect of changes in cash flow assumptions 2 100  
Effect of actual variances from expected experience (95) (36)  
Adjusted beginning of period balance 15,559 15,135  
Issuances 599 697  
Interest accrual 165 164  
Benefits payments (421) (398)  
Other (including foreign exchange) (127) 114  
Ending balance at original discount rate 15,775 15,712  
Effect of changes in discount rate assumptions 155 (487)  
Balance – end of period 15,930 15,225  
Net liability for future policy benefits 4,041 4,207  
Deferred profit liability 202 174  
Net liability for future policy benefits, before reinsurance recoverable 4,243 4,381  
Less: Reinsurance recoverable on future policy benefits 114 113  
Net liability for future policy benefits, after reinsurance recoverable $ 4,129 $ 4,268  
Weighted average duration (years) 9 years 10 months 24 days 10 years 1 month 6 days  
Insurance, Other | Segment Life [Member]      
Liability for Future Policy Benefit, Activity [Line Items]      
Balance – beginning of period $ 125 $ 64  
Beginning balance at original discount rate 124 64  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 124 64  
Issuances 208 2  
Interest accrual 2 0  
Net premiums collected (1) [2] (61) (7)  
Other (including foreign exchange) 2 0  
Ending balance at original discount rate 275 59  
Effect of changes in discount rate assumptions 1 0  
Balance – end of period 276 59  
Balance – beginning of period 647 495  
Beginning balance at original discount rate 601 492  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 601 492  
Issuances 208 2  
Interest accrual 6 3  
Benefits payments (6) (6)  
Other (including foreign exchange) 3 21  
Ending balance at original discount rate 812 512  
Effect of changes in discount rate assumptions 45 18  
Balance – end of period 857 530  
Net liability for future policy benefits 581 471  
Deferred profit liability 64 19  
Net liability for future policy benefits, before reinsurance recoverable 645 490  
Less: Reinsurance recoverable on future policy benefits 0 1  
Net liability for future policy benefits, after reinsurance recoverable $ 645 $ 489  
Weighted average duration (years) 23 years 6 months 15 years 1 month 6 days  
[1] Net of valuation allowance for uncollectible reinsurance.
[2] Net premiums collected represent the portion of gross premiums collected from policyholders that is used to fund expected benefit.