Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
$ 5,636
|
$ 6,464
|
|
| Sales |
(261)
|
(302)
|
|
| Issuances and Settlements |
(2,715)
|
(5,332)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
2,660
|
830
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract] |
|
|
|
| Purchases |
(421)
|
(272)
|
|
| Sales |
923
|
710
|
|
| Issuances and Settlements |
(509)
|
(1,929)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(7)
|
(1,491)
|
|
| Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period |
(92)
|
17
|
|
| Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period. |
$ (142)
|
$ (19)
|
|
| Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |
Total net realized gains (losses)
|
Total net realized gains (losses)
|
Total net realized gains (losses)
|
| Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] |
Total net realized gains (losses)
|
|
|
| Policyholder contract deposits(b) |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract] |
|
|
|
| Purchases |
$ 0
|
$ 0
|
|
| Sales |
923
|
710
|
|
| Issuances and Settlements |
(21)
|
(390)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
902
|
320
|
|
| Derivative liabilities, net |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract] |
|
|
|
| Purchases |
(421)
|
(272)
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
(125)
|
48
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(546)
|
(224)
|
|
| Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period |
(187)
|
80
|
|
| Fortitude Re funds withheld payable |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract] |
|
|
|
| Purchases |
0
|
0
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
(364)
|
(462)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(364)
|
(462)
|
|
| Debt of consolidated investment entities |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract] |
|
|
|
| Purchases |
0
|
0
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
1
|
(1,125)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
1
|
(1,125)
|
|
| Bonds available for sale |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
4,204
|
5,556
|
|
| Sales |
(135)
|
(285)
|
|
| Issuances and Settlements |
(1,941)
|
(4,043)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
2,128
|
1,228
|
|
| Bonds available for sale | Obligations of states, municipalities and political subdivisions |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
0
|
36
|
|
| Sales |
(60)
|
(212)
|
|
| Issuances and Settlements |
(35)
|
(166)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(95)
|
(342)
|
|
| Bonds available for sale | Corporate debt |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
85
|
424
|
|
| Sales |
(39)
|
(36)
|
|
| Issuances and Settlements |
(205)
|
(279)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(159)
|
109
|
|
| Bonds available for sale | RMBS |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
377
|
637
|
|
| Sales |
0
|
(1)
|
|
| Issuances and Settlements |
(1,211)
|
(1,418)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(834)
|
(782)
|
|
| Bonds available for sale | CMBS |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
118
|
334
|
|
| Sales |
(9)
|
(15)
|
|
| Issuances and Settlements |
(71)
|
(66)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
38
|
253
|
|
| Bonds available for sale | CLO |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
514
|
923
|
|
| Sales |
(27)
|
0
|
|
| Issuances and Settlements |
(592)
|
(875)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(105)
|
48
|
|
| Bonds available for sale | ABS |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
3,110
|
3,202
|
|
| Sales |
0
|
(21)
|
|
| Issuances and Settlements |
173
|
(1,239)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
3,283
|
1,942
|
|
| Other bond securities |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
758
|
328
|
|
| Sales |
(126)
|
(17)
|
|
| Issuances and Settlements |
72
|
(20)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
704
|
291
|
|
| Other bond securities | Corporate debt |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
29
|
86
|
|
| Sales |
(3)
|
0
|
|
| Issuances and Settlements |
132
|
49
|
|
| Purchases, Sales, Issuances and Settlements, Net |
158
|
135
|
|
| Other bond securities | RMBS |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
38
|
28
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
(14)
|
(20)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
24
|
8
|
|
| Other bond securities | CMBS |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
0
|
0
|
|
| Sales |
0
|
(17)
|
|
| Issuances and Settlements |
0
|
0
|
|
| Purchases, Sales, Issuances and Settlements, Net |
0
|
(17)
|
|
| Other bond securities | CLO |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
16
|
7
|
|
| Sales |
(123)
|
0
|
|
| Issuances and Settlements |
(24)
|
(47)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
(131)
|
(40)
|
|
| Other bond securities | ABS |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
675
|
207
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
(22)
|
(2)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
653
|
205
|
|
| Equity securities |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
22
|
2
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
1
|
(122)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
23
|
(120)
|
|
| Other Invested Assets |
|
|
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract] |
|
|
|
| Purchases |
652
|
578
|
|
| Sales |
0
|
0
|
|
| Issuances and Settlements |
(847)
|
(1,147)
|
|
| Purchases, Sales, Issuances and Settlements, Net |
$ (195)
|
$ (569)
|
|