XML 103 R85.htm IDEA: XBRL DOCUMENT v3.24.3
Variable Interest Entities - Schedule of Assets and Liabilities of Reciprocal Exchanges (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Investments      
Fixed income securities, at fair value $ 53,961 $ 48,865  
Short-term investments 6,994 5,144  
Deferred policy acquisition costs 5,751 5,940 $ 5,824
Premium installment and other receivables, net 11,041 10,044  
Reinsurance recoverables, net 9,013 8,809  
Other assets 5,834 6,051  
Total assets 113,743 103,362  
Liabilities      
Reserve for property and casualty insurance claims and claims expense 42,743 39,858  
Unearned premiums 27,059 24,709  
Total liabilities 92,905 85,732  
Variable Interest Entity, Primary Beneficiary      
Investments      
Fixed income securities, at fair value 121 267  
Short-term investments 96 7  
Deferred policy acquisition costs 12 25  
Premium installment and other receivables, net 32 44  
Reinsurance recoverables, net 68 76  
Other assets 10 54  
Total assets 339 473  
Liabilities      
Reserve for property and casualty insurance claims and claims expense 224 201  
Unearned premiums 117 177  
Other liabilities and expenses 16 77  
Total liabilities 357 455  
Consolidation, Eliminations      
Investments      
Total assets (42) (26)  
Liabilities      
Total liabilities $ (193) $ (189)