v3.25.2
Investments - Net Investment Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net Investment Income [Line Items]        
Investment income, operating $ 740 $ 663 $ 1,372 $ 1,356
Investment expenses (26) (24) (50) (48)
Net investment income 714 639 1,322 1,308
Aggregate income (loss) recognized due to the change in fair value of equity and trading portfolio securities held 30 (21) (10) 19
Fixed maturity securities        
Net Investment Income [Line Items]        
Investment income, operating 536 511 1,057 1,013
Limited partnership investments        
Net Investment Income [Line Items]        
Gain (losses) on investments, before investment expenses 81 74 137 128
Short-term investments        
Net Investment Income [Line Items]        
Investment income, operating 16 20 35 49
Equity securities        
Net Investment Income [Line Items]        
Gain (losses) on investments, before investment expenses 27 13 33 35
Income from trading portfolio        
Net Investment Income [Line Items]        
Gain (losses) on investments, before investment expenses 52 11 56 69
Other        
Net Investment Income [Line Items]        
Investment income, operating $ 28 $ 34 $ 54 $ 62