v3.25.1
Variable Interest Entities (Tables)
3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Variable Interest Entities
The tables below present the fair value of our investments in nonconsolidated VIEs as well as our maximum exposure to loss associated with these VIEs:
March 31, 2025December 31, 2024
Fair ValueUnfunded CommitmentsMaximum Exposure to LossFair ValueUnfunded CommitmentsMaximum Exposure to Loss
(in millions of U.S. dollars)
Equities
Publicly traded equity investment in common stock$56 $— $56 $59 $— $59 
Privately Held Equity57 66 61 — 61 
Total$113 $$122 $120 $— $120 
Other investments
Hedge funds$386 $— $386 $410 $— $410 
Fixed income funds370 34 404 365 34 399 
Private equity funds1,450 463 1,913 1,442 501 1,943 
CLO equity funds124 — 124 162 — 162 
Private credit funds696 206 902 638 231 869 
Real estate funds172 130 302 162 137 299 
Total$3,198 $833 $4,031 $3,179 $903 $4,082 
Total investments in nonconsolidated VIEs$3,311 $842 $4,153 $3,299 $903 $4,202