Deferred Policy Acquisition Costs

3 Months Ended

Mar. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Policy Acquisition Costs

Note 11 Deferred Policy Acquisition Costs

Deferred policy acquisition costs activity
($ in millions)	Accident and health		Traditional life		Interest-sensitive life		Total
Three months ended March 31, 2024
Accident and health insurance
Long-duration contracts
Beginning balance	$	321	$	90	$	100	$	511
Acquisition costs deferred	26		13		4		43
Amortization charged to income	(20)		(5)		(3)		(28)
Experience adjustment	(10)		(1)		—		(11)
Total	$	317	$	97	$	101	515
Short-duration contracts							31
Property and casualty							5,400
Ending balance							$	5,946
Three months ended March 31, 2023
Accident and health insurance
Long-duration contracts
Beginning balance	$	322	$	79	$	101	$	502
Acquisition costs deferred	13		6		4		23
Amortization charged to income	(9)		(3)		(4)		(16)
Experience adjustment	(9)		—		—		(9)
Total	$	317	$	82	$	101	500
Short-duration contracts							28
Property and casualty							4,943
Ending balance							$	5,471