v3.25.2
INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period     $ (355)  
Balance, end of period $ (384)   (384)  
Balance, beginning of period (5) $ (5) (5) $ (5)
(Addition to) release of allowance for credit losses 0 0 0 0
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period (5) (5) (5) (5)
Balance, beginning of period 0 0 0 0
(Addition to) release of allowance for credit losses 0 0 0 0
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period 0 0 0 0
Balance, beginning of period (392) (252) (375) (295)
(Addition to) release of allowance for credit losses (59) (19) (114) (26)
Write-offs, net of recoveries 47 15 85 65
Change in foreign exchange 0 0 0 0
Balance, end of period (404) (256) (404) (256)
Transitional real estate loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (203) (114) (199) (112)
(Addition to) release of allowance for credit losses (45) (24) (73) (26)
Write-offs, net of recoveries 5 15 29 15
Change in foreign exchange 0 0 0 0
Balance, end of period (243) (123) (243) (123)
Commercial mortgage loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (15) (19) (14) (16)
(Addition to) release of allowance for credit losses 3 2 2 (1)
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period (12) (17) (12) (17)
Middle market loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (150) (99) (140) (146)
(Addition to) release of allowance for credit losses (19) 1 (43) (2)
Write-offs, net of recoveries 42 0 56 50
Change in foreign exchange 0 0 0 0
Balance, end of period (127) (98) (127) (98)
Other Loans and Loan Commitments        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (19) (15) (17) (16)
(Addition to) release of allowance for credit losses 2 2 0 3
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period $ (17) $ (13) $ (17) $ (13)