v3.25.2
Investments (Details) - Investment Information, Debt Securities - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Investment disclosure details            
Fixed maturities, amortized cost $ 91,406     $ 88,277    
Allowance for expected credit losses 4     2    
Gross unrealized gains 520     223    
Gross unrealized losses 4,353     4,832    
Fixed maturities, at fair value 87,569     83,666    
Proceeds from sales of fixed maturities classified as available for sale 601 $ 1,250        
Gross realized gains 3 2        
Gross realized losses on sales of fixed maturities 26 41        
Realized losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date 23 33        
U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 3,938     5,735    
Allowance for expected credit losses 0     0    
Gross unrealized gains 4     4    
Gross unrealized losses 99     169    
Fixed maturities, at fair value 3,843     5,570    
Obligations of U.S. states, municipalities and political subdivisions [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 31,281     29,526    
Allowance for expected credit losses 0     0    
Gross unrealized gains 40     43    
Gross unrealized losses 2,761     2,384    
Fixed maturities, at fair value 28,560     27,185    
Obligations of U.S. states, municipalities and political subdivisions, local general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 20,225     18,604    
Allowance for expected credit losses 0     0    
Gross unrealized gains 22     23    
Gross unrealized losses 1,835     1,604    
Fixed maturities, at fair value 18,412     17,023    
Obligations of U.S. states, municipalities and political subdivisions, revenue [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 9,476     9,268    
Allowance for expected credit losses 0     0    
Gross unrealized gains 14     16    
Gross unrealized losses 847     704    
Fixed maturities, at fair value 8,643     8,580    
Obligations of U.S. states, municipalities and political subdivisions, state general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,005     1,081    
Allowance for expected credit losses 0     0    
Gross unrealized gains 2     2    
Gross unrealized losses 77     73    
Fixed maturities, at fair value 930     1,010    
Obligations of U.S. states, municipalities and political subdivisions, pre-refunded [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 575     573    
Allowance for expected credit losses 0     0    
Gross unrealized gains 2     2    
Gross unrealized losses 2     3    
Fixed maturities, at fair value 575     572    
Debt securities issued by foreign governments [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 978     917    
Allowance for expected credit losses 0     0    
Gross unrealized gains 8     5    
Gross unrealized losses 8     13    
Fixed maturities, at fair value 978     909    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 13,182     12,888    
Allowance for expected credit losses 0     0    
Gross unrealized gains 137     53    
Gross unrealized losses 207     336    
Fixed maturities, at fair value 13,112     12,605    
Corporate and all other bonds [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 42,027     39,211    
Allowance for expected credit losses 4 $ 1 $ 4 2 $ 3 $ 5
Gross unrealized gains 331     118    
Gross unrealized losses 1,278     1,930    
Fixed maturities, at fair value $ 41,076     $ 37,397