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Schedule V — Valuation Allowances and Qualifying Accounts (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Valuation allowances and qualifying accounts      
Balance as of beginning of period $ 291 $ 293 $ 280
Charged to costs and expenses 419 395 347
Other additions 0 0 0
Deductions 407 397 334
Balance as of end of period 303 291 293
Fixed income securities      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 36 13 6
Charged to costs and expenses 3 23 7
Other additions 0 0 0
Deductions 22 0 0
Balance as of end of period 17 36 13
Mortgage loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 11 7 6
Charged to costs and expenses 1 4 1
Other additions 0 0 0
Deductions 0 0 0
Balance as of end of period 12 11 7
Bank loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 22 57 61
Charged to costs and expenses 0 18 26
Other additions 0 0 0
Deductions 12 53 30
Balance as of end of period 10 22 57
Investments      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 69 77 73
Charged to costs and expenses 4 45 34
Other additions 0 0 0
Deductions 34 53 30
Balance as of end of period 39 69 77
Premium installment receivable      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 138 132 107
Charged to costs and expenses 414 348 313
Other additions 0 0 0
Deductions 365 342 288
Balance as of end of period 187 138 132
Reinsurance recoverables      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 65 65 74
Charged to costs and expenses 1 1 0
Other additions 0 0 0
Deductions 3 1 9
Balance as of end of period 63 65 65
Other assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 18 19 26
Charged to costs and expenses 0 0 0
Other additions 0 0 0
Deductions 4 1 7
Balance as of end of period 14 18 19
Assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 290 293 280
Charged to costs and expenses 419 394 347
Other additions 0 0 0
Deductions 406 397 334
Balance as of end of period 303 290 293
Commitments to fund mortgage loans and bank loans      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 1 0 0
Charged to costs and expenses 0 1 0
Other additions 0 0 0
Deductions 1 0 0
Balance as of end of period 0 1 0
Liabilities      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 1 0 0
Charged to costs and expenses 0 1 0
Other additions 0 0 0
Deductions 1 0 0
Balance as of end of period 0 1 0
Valuation allowance for deferred tax assets      
Valuation allowances and qualifying accounts      
Balance as of beginning of period 69 34 24
Charged to costs and expenses 0 0 0
Other additions 0 35 10
Deductions 0 0 0
Balance as of end of period $ 69 $ 69 $ 34