Segment Information - Schedule of continuing operations by operating segment (Details) $ in Millions |
12 Months Ended |
Dec. 31, 2022
USD ($)
segment
|
Dec. 31, 2021
USD ($)
|
Dec. 31, 2020
USD ($)
|
Segment Reporting [Abstract] |
|
|
|
Number of Reportable Segments | segment |
5
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
$ 5,091
|
$ 5,653
|
$ 4,341
|
Policy fees |
2,914
|
3,005
|
2,874
|
Total net investment income |
9,576
|
11,672
|
10,516
|
Total net realized gains (losses) |
6,091
|
1,752
|
(3,741)
|
Advisory fee and other income |
1,025
|
1,175
|
1,072
|
Total revenue |
24,697
|
23,257
|
15,062
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
6,720
|
7,387
|
6,602
|
Change in the fair value of market risk benefits, net |
(958)
|
(447)
|
0
|
Interest credited to policyholder account balances |
3,732
|
3,562
|
3,528
|
Amortization of deferred policy acquisition costs and value of business acquired |
1,020
|
951
|
543
|
Non-deferrable insurance commissions |
568
|
623
|
604
|
Advisory fee expenses |
266
|
322
|
316
|
General operating expenses |
2,323
|
2,104
|
2,027
|
Interest expense |
534
|
389
|
490
|
Net (gain) loss on divestitures |
1
|
(3,081)
|
0
|
Total benefits and expenses |
14,206
|
12,003
|
14,211
|
Net income (loss) attributable to noncontrolling interests |
(320)
|
(929)
|
(224)
|
Income before income tax (benefit) |
10,491
|
11,254
|
851
|
(Gain) loss on extinguishment of debt |
0
|
219
|
10
|
Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
(26)
|
91
|
Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Total net investment income |
891
|
1,775
|
1,427
|
Income before income tax (benefit) |
6,841
|
2,012
|
(1,549)
|
Operating Segments |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
5,091
|
5,653
|
4,341
|
Operating Segments | Individual Retirement |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
235
|
195
|
151
|
Policy fees |
741
|
797
|
861
|
Total net investment income |
3,888
|
4,334
|
4,105
|
Total net realized gains (losses) |
0
|
0
|
0
|
Advisory fee and other income |
451
|
592
|
571
|
Total revenue |
5,315
|
5,918
|
5,688
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
285
|
317
|
411
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
1,916
|
1,793
|
1,751
|
Amortization of deferred policy acquisition costs and value of business acquired |
523
|
451
|
556
|
Non-deferrable insurance commissions |
351
|
396
|
334
|
Advisory fee expenses |
141
|
189
|
205
|
General operating expenses |
426
|
437
|
427
|
Interest expense |
0
|
46
|
62
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
3,642
|
3,629
|
3,746
|
Net income (loss) attributable to noncontrolling interests |
0
|
0
|
0
|
Adjusted pre-tax operating income (loss) |
1,673
|
2,289
|
1,942
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Operating Segments | Individual Retirement | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
0
|
0
|
Operating Segments | Group Retirement |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
19
|
22
|
19
|
Policy fees |
415
|
480
|
443
|
Total net investment income |
2,000
|
2,413
|
2,213
|
Total net realized gains (losses) |
0
|
0
|
0
|
Advisory fee and other income |
305
|
337
|
272
|
Total revenue |
2,739
|
3,252
|
2,947
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
35
|
31
|
74
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
1,147
|
1,159
|
1,125
|
Amortization of deferred policy acquisition costs and value of business acquired |
80
|
78
|
15
|
Non-deferrable insurance commissions |
123
|
122
|
117
|
Advisory fee expenses |
124
|
133
|
111
|
General operating expenses |
447
|
445
|
488
|
Interest expense |
0
|
35
|
42
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
1,956
|
2,003
|
1,972
|
Net income (loss) attributable to noncontrolling interests |
0
|
0
|
0
|
Adjusted pre-tax operating income (loss) |
783
|
1,249
|
975
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Operating Segments | Group Retirement | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
0
|
0
|
Operating Segments | Life Insurance |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
1,864
|
1,586
|
1,526
|
Policy fees |
1,564
|
1,541
|
1,384
|
Total net investment income |
1,389
|
1,621
|
1,532
|
Total net realized gains (losses) |
0
|
0
|
0
|
Advisory fee and other income |
121
|
110
|
94
|
Total revenue |
4,938
|
4,858
|
4,536
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
3,010
|
2,842
|
3,219
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
342
|
354
|
373
|
Amortization of deferred policy acquisition costs and value of business acquired |
410
|
416
|
25
|
Non-deferrable insurance commissions |
72
|
80
|
119
|
Advisory fee expenses |
1
|
0
|
0
|
General operating expenses |
656
|
682
|
624
|
Interest expense |
0
|
25
|
30
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
4,491
|
4,399
|
4,390
|
Net income (loss) attributable to noncontrolling interests |
0
|
0
|
0
|
Adjusted pre-tax operating income (loss) |
447
|
459
|
146
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Operating Segments | Life Insurance | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
0
|
0
|
Operating Segments | Institutional Markets |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
2,913
|
3,774
|
2,564
|
Policy fees |
194
|
187
|
186
|
Total net investment income |
1,049
|
1,155
|
931
|
Total net realized gains (losses) |
0
|
0
|
0
|
Advisory fee and other income |
2
|
2
|
1
|
Total revenue |
4,158
|
5,118
|
3,682
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
3,404
|
4,183
|
2,886
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
320
|
274
|
303
|
Amortization of deferred policy acquisition costs and value of business acquired |
7
|
6
|
5
|
Non-deferrable insurance commissions |
20
|
22
|
31
|
Advisory fee expenses |
0
|
0
|
0
|
General operating expenses |
73
|
77
|
79
|
Interest expense |
0
|
9
|
11
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
3,824
|
4,571
|
3,315
|
Net income (loss) attributable to noncontrolling interests |
0
|
0
|
0
|
Adjusted pre-tax operating income (loss) |
334
|
547
|
367
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Operating Segments | Institutional Markets | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
0
|
0
|
Operating Segments | Corporate & Other |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
82
|
86
|
74
|
Policy fees |
0
|
0
|
0
|
Total net investment income |
473
|
443
|
346
|
Total net realized gains (losses) |
170
|
701
|
54
|
Advisory fee and other income |
121
|
134
|
122
|
Total revenue |
846
|
1,364
|
596
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
0
|
0
|
0
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
0
|
0
|
0
|
Amortization of deferred policy acquisition costs and value of business acquired |
0
|
0
|
0
|
Non-deferrable insurance commissions |
2
|
3
|
3
|
Advisory fee expenses |
0
|
0
|
0
|
General operating expenses |
384
|
375
|
309
|
Interest expense |
535
|
286
|
324
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
921
|
664
|
636
|
Net income (loss) attributable to noncontrolling interests |
(320)
|
(861)
|
(194)
|
Adjusted pre-tax operating income (loss) |
(395)
|
(161)
|
(234)
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Operating Segments | Corporate & Other | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
0
|
0
|
Eliminations |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
0
|
0
|
0
|
Policy fees |
0
|
0
|
0
|
Total net investment income |
(41)
|
(49)
|
(43)
|
Total net realized gains (losses) |
0
|
0
|
0
|
Advisory fee and other income |
0
|
0
|
0
|
Total revenue |
(41)
|
(49)
|
(43)
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
0
|
0
|
0
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
0
|
0
|
0
|
Amortization of deferred policy acquisition costs and value of business acquired |
0
|
0
|
0
|
Non-deferrable insurance commissions |
0
|
0
|
0
|
Advisory fee expenses |
0
|
0
|
0
|
General operating expenses |
(2)
|
0
|
(7)
|
Interest expense |
(51)
|
(47)
|
(34)
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
(53)
|
(47)
|
(41)
|
Net income (loss) attributable to noncontrolling interests |
0
|
0
|
0
|
Adjusted pre-tax operating income (loss) |
12
|
(2)
|
(2)
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Eliminations | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
0
|
0
|
Adjustments |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
(22)
|
(10)
|
7
|
Policy fees |
0
|
0
|
0
|
Total net investment income |
818
|
1,755
|
1,432
|
Total net realized gains (losses) |
5,921
|
1,051
|
(3,795)
|
Advisory fee and other income |
25
|
0
|
12
|
Total revenue |
6,742
|
2,796
|
(2,344)
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
(14)
|
14
|
12
|
Change in the fair value of market risk benefits, net |
(958)
|
(447)
|
|
Interest credited to policyholder account balances |
7
|
(18)
|
(24)
|
Amortization of deferred policy acquisition costs and value of business acquired |
0
|
0
|
(58)
|
Non-deferrable insurance commissions |
0
|
0
|
0
|
Advisory fee expenses |
0
|
0
|
0
|
General operating expenses |
339
|
88
|
107
|
Interest expense |
50
|
35
|
55
|
Net (gain) loss on divestitures |
1
|
(3,081)
|
|
Total benefits and expenses |
(575)
|
(3,216)
|
193
|
Net income (loss) attributable to noncontrolling interests |
320
|
861
|
194
|
(Gain) loss on extinguishment of debt |
|
219
|
10
|
Adjustments | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
(26)
|
91
|
Total Corebridge |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Premiums |
5,113
|
5,663
|
4,334
|
Policy fees |
2,914
|
3,005
|
2,874
|
Total net investment income |
8,758
|
9,917
|
9,084
|
Total net realized gains (losses) |
170
|
701
|
54
|
Advisory fee and other income |
1,000
|
1,175
|
1,060
|
Total revenue |
17,955
|
20,461
|
17,406
|
Policyholder benefits (including remeasurement (gains) losses of $298 and $233 for the years ended December 31, 2022 and 2021, respectively) |
6,734
|
7,373
|
6,590
|
Change in the fair value of market risk benefits, net |
0
|
0
|
|
Interest credited to policyholder account balances |
3,725
|
3,580
|
3,552
|
Amortization of deferred policy acquisition costs and value of business acquired |
1,020
|
951
|
601
|
Non-deferrable insurance commissions |
568
|
623
|
604
|
Advisory fee expenses |
266
|
322
|
316
|
General operating expenses |
1,984
|
2,016
|
1,920
|
Interest expense |
484
|
354
|
435
|
Net (gain) loss on divestitures |
0
|
0
|
|
Total benefits and expenses |
14,781
|
15,219
|
14,018
|
Net income (loss) attributable to noncontrolling interests |
(320)
|
(861)
|
(194)
|
Adjusted pre-tax operating income (loss) |
$ 2,854
|
4,381
|
3,194
|
(Gain) loss on extinguishment of debt |
|
0
|
0
|
Total Corebridge | Fortitude Holdings |
|
|
|
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |
|
|
|
Net (gain) loss on divestitures |
|
$ 0
|
$ 0
|