XML 99 R83.htm IDEA: XBRL DOCUMENT v3.24.0.1
Investment Information - Net realized gains and losses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net realized gains and losses:      
Available for sale securities, gross gains on investment sales $ 116 $ 81 $ 314
Available for sale securities, gross losses on investment sales (547) (317) (157)
Equity securities at fair value, net realized gains (losses) on sales during the period 61 75 123
Equity securities at fair value, net unrealized gains (losses) on equity securities still held at reporting date 88 (267) 49
Allowance for credit losses - investment related 3 (44) (1)
Allowance for credit losses - underwriting related (1) (13) 0
Derivative instruments 59 (75) (33)
Other [1] 10 (4) (55)
Net realized gains (losses) $ (165) $ (663) $ 380
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net realized gains (losses) Net realized gains (losses) Net realized gains (losses)
Somers Holdings Ltd.      
Net realized gains and losses:      
Gain (loss) on deconsolidation     $ 33
Fixed maturities      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option $ 18 $ (71) 9
Other investments      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option 27 (21) 117
Equity securities      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option 1 (4) 13
Short-term investments      
Net realized gains and losses:      
Change in fair value of assets and liabilities accounted for using the fair value option $ 0 $ (3) $ 1
[1] 2021 period reflected $33 million of losses related to the Company’sdeconsolidation of Somers