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Schedule V — Valuation Allowances and Qualifying Accounts
 12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule V — Valuation Allowances and Qualifying Accounts
Schedule V — Valuation Allowances and Qualifying Accounts
($ in millions)Additions
DescriptionBalance as
of beginning
of period		Charged to costs and expenses
Other
additions
Deductions
Balance
as of end
of period
Year ended December 31, 2022
Fixed income securities $6 $7 $— $— $13 
Mortgage loans6 1 — — 7 
Bank loans61 26 — 30 57 
Investments73 34 — 30 77 
Premium installment receivable107 313 — 288 132 
Reinsurance recoverables74 — — 9 65 
Other assets26 — — 7 19 
Assets280 347 — 334 293 
Commitments to fund mortgage loans and bank loans— — — — — 
Liabilities— — — — — 
Total$280 $347 $— $334 $293 
Valuation allowance for deferred tax assets$24 $— $10 $— $34 
Year ended December 31, 2021
Fixed income securities$2 $4 $— $— $6 
Mortgage loans 67 (61)— — 6 
Bank loans 67 (6)— — 61 
Investments136 (63)— — 73 
Premium installment receivable153 274 19 339 107 
Reinsurance recoverables60 15 — 1 74 
Other assets17 9 — — 26 
Assets366 235 19 340 280 
Commitments to fund mortgage loans and bank loans1 — — 1 — 
Liabilities1 — — 1 — 
Total$367 $235 $19 $341 $280 
Valuation allowance for deferred tax assets$— $— $38 $14 $24 
Year ended December 31, 2020
Fixed income securities$— $2 $— $— $2 
Mortgage loans (1)
45 39 — 17 67 
Bank loans (1)
53 28 — 14 $67 
Investments98 69 — 31 136 
Premium installment receivable91 223 — 161 153 
Reinsurance recoverables$61 $(1)$— $— $60 
Other assets15 2 — — 17 
Assets265 293 — 192 366 
Commitments to fund mortgage loans and bank loans3 — — 2 1 
Liabilities3 — — 2 1 
Total$268 $293 $— $194 $367 
(1)Includes credit loss allowance for investments that were classified as held for sale as of December 31, 2020