v3.25.2
Investments - Available-for-sale Securities in Gross Unrealized Loss Position (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Estimated Fair Value    
Total, Estimated Fair Value $ 23,987 $ 27,288
Gross Unrealized Losses    
Total, Gross Unrealized Losses 2,738 3,039
Fixed maturity securities    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 6,877 8,969
12 Months or Longer, Estimated Fair Value 17,110 18,319
Total, Estimated Fair Value 23,987 27,288
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 242 266
12 Months or Longer, Gross Unrealized Losses 2,496 2,773
Total, Gross Unrealized Losses 2,738 3,039
Corporate bonds and other    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 4,252 5,846
12 Months or Longer, Estimated Fair Value 9,515 10,388
Total, Estimated Fair Value 13,767 16,234
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 135 165
12 Months or Longer, Gross Unrealized Losses 934 1,140
Total, Gross Unrealized Losses 1,069 1,305
States, municipalities and political subdivisions    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 1,424 1,247
12 Months or Longer, Estimated Fair Value 2,938 2,967
Total, Estimated Fair Value 4,362 4,214
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 74 52
12 Months or Longer, Gross Unrealized Losses 818 783
Total, Gross Unrealized Losses 892 835
Total asset-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 1,001 1,709
12 Months or Longer, Estimated Fair Value 4,344 4,555
Total, Estimated Fair Value 5,345 6,264
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 27 45
12 Months or Longer, Gross Unrealized Losses 719 823
Total, Gross Unrealized Losses 746 868
Residential mortgage-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 372 849
12 Months or Longer, Estimated Fair Value 1,966 2,010
Total, Estimated Fair Value 2,338 2,859
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 9 22
12 Months or Longer, Gross Unrealized Losses 418 466
Total, Gross Unrealized Losses 427 488
Commercial mortgage-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 49 180
12 Months or Longer, Estimated Fair Value 959 988
Total, Estimated Fair Value 1,008 1,168
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 2
12 Months or Longer, Gross Unrealized Losses 106 139
Total, Gross Unrealized Losses 106 141
Other asset-backed    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 580 680
12 Months or Longer, Estimated Fair Value 1,419 1,557
Total, Estimated Fair Value 1,999 2,237
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 18 21
12 Months or Longer, Gross Unrealized Losses 195 218
Total, Gross Unrealized Losses 213 239
U.S. Treasury and obligations of government-sponsored enterprises    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 55 49
12 Months or Longer, Estimated Fair Value 19 41
Total, Estimated Fair Value 74 90
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 3 1
12 Months or Longer, Gross Unrealized Losses 2
Total, Gross Unrealized Losses 5 1
Foreign government    
Estimated Fair Value    
Less than 12 Months, Estimated Fair Value 145 118
12 Months or Longer, Estimated Fair Value 294 368
Total, Estimated Fair Value 439 486
Gross Unrealized Losses    
Less than 12 Months, Gross Unrealized Losses 3 3
12 Months or Longer, Gross Unrealized Losses 23 27
Total, Gross Unrealized Losses $ 26 $ 30