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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2024
Reinsurance Disclosures [Abstract]  
Reinsurance Premium And Effect On Claims And Other Policy Benefits [Table Text Block]
The effect of reinsurance on net premiums is as follows (dollars in millions):
Years ended December 31,202420232022
Direct insurance$2,919 $1,477 $26 
Reinsurance assumed15,573 14,281 13,830 
Reinsurance ceded(649)(673)(778)
Net premiums$17,843 $15,085 $13,078 
The effect of reinsurance on claims and other policy benefits and future policy benefits remeasurement gains and losses is as follows (dollars in millions):
Years ended December 31,202420232022
Direct insurance$3,257 $1,577 $73 
Reinsurance assumed13,997 12,912 12,867 
Reinsurance ceded(383)(679)(667)
Net claims and other policy benefits and future policy benefits remeasurement gains and losses$16,871 $13,810 $12,273 
Reinsurance Information [Table Text Block]
The effect of reinsurance on life reinsurance in force is shown in the following schedule (dollars in millions):
DirectAssumedCededNetAssumed/Net %
December 31, 2024$863 $3,878,640 $71,887 $3,807,616 101.9 %
December 31, 2023924 3,704,061 69,242 3,635,743 101.9 %
December 31, 20221,027 3,400,735 151,569 3,250,193 104.6 
Schedule Of Assets Held In Support Of Reserves Associated With Coinsurance With Funds Withheld Agreement The following assets were held in support of the Company’s funds withheld arrangements and are reported in the line items shown in the consolidated balance sheets as of December 31, 2024 and 2023 (dollars in millions):
For the years ended December 31,
20242023
Fixed maturity securities available-for-sale$2,615 $2,442 
Equity securities
Mortgage loans451 451 
Funds withheld at interest1,466 1,545 
Real estate joint ventures54 35 
Short-term investments and cash and cash equivalents89 30 
Accrued investment income31 28 
Net other assets— 
Net assets$4,708 $4,534