v3.25.1
Investments - Available-for-sale Securities in Gross Unrealized Loss Position (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Estimated Fair Value    
Total, Estimated Fair Value $ 25,806 $ 27,288
Gross Unrealized Losses    
Total, Gross Unrealized Losses 2,767 3,039
Fixed maturity securities    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 8,008 8,969
12 Months or Longer, Estimated Fair Value 17,798 18,319
Total, Estimated Fair Value 25,806 27,288
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 221 266
12 Months or Longer, Gross Unrealized Losses 2,546 2,773
Total, Gross Unrealized Losses 2,767 3,039
Corporate bonds and other    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 5,816 5,846
12 Months or Longer, Estimated Fair Value 9,986 10,388
Total, Estimated Fair Value 15,802 16,234
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 141 165
12 Months or Longer, Gross Unrealized Losses 1,008 1,140
Total, Gross Unrealized Losses 1,149 1,305
States, municipalities and political subdivisions    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 944 1,247
12 Months or Longer, Estimated Fair Value 2,986 2,967
Total, Estimated Fair Value 3,930 4,214
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 51 52
12 Months or Longer, Gross Unrealized Losses 778 783
Total, Gross Unrealized Losses 829 835
Total asset-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 1,100 1,709
12 Months or Longer, Estimated Fair Value 4,484 4,555
Total, Estimated Fair Value 5,584 6,264
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 26 45
12 Months or Longer, Gross Unrealized Losses 735 823
Total, Gross Unrealized Losses 761 868
Residential mortgage-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 413 849
12 Months or Longer, Estimated Fair Value 2,016 2,010
Total, Estimated Fair Value 2,429 2,859
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 9 22
12 Months or Longer, Gross Unrealized Losses 417 466
Total, Gross Unrealized Losses 426 488
Commercial mortgage-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 58 180
12 Months or Longer, Estimated Fair Value 969 988
Total, Estimated Fair Value 1,027 1,168
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 1 2
12 Months or Longer, Gross Unrealized Losses 118 139
Total, Gross Unrealized Losses 119 141
Other asset-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 629 680
12 Months or Longer, Estimated Fair Value 1,499 1,557
Total, Estimated Fair Value 2,128 2,237
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 16 21
12 Months or Longer, Gross Unrealized Losses 200 218
Total, Gross Unrealized Losses 216 239
U.S. Treasury and obligations of government-sponsored enterprises    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 43 49
12 Months or Longer, Estimated Fair Value 42 41
Total, Estimated Fair Value 85 90
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 1 1
12 Months or Longer, Gross Unrealized Losses 1
Total, Gross Unrealized Losses 2 1
Foreign government    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 105 118
12 Months or Longer, Estimated Fair Value 300 368
Total, Estimated Fair Value 405 486
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 2 3
12 Months or Longer, Gross Unrealized Losses 24 27
Total, Gross Unrealized Losses $ 26 $ 30