v3.25.2
REINSURANCE - Effect of Reinsurance on Premiums and Benefits and Claims (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Reinsurance Disclosures [Abstract]        
Earned premiums, direct $ 3,525 $ 3,352 $ 6,958 $ 6,834
Earned premiums, ceded (91) (66) (179) (135)
Earned premiums, assumed 36 39 72 82
Net earned premiums [1] 3,470 3,325 6,851 6,781
Benefits and claims, excluding reserve remeasurement, direct 2,097 1,995 4,128 4,077
Benefits and claims, excluding reserve remeasurement, ceded (64) (36) (120) (68)
Benefits and claims, excluding reserve remeasurement, assumed 14 13 25 30
Benefits and claims, excluding reserve remeasurement 2,047 1,972 4,033 4,039
Reserve remeasurement (gains) losses, direct (37) (51) (78) (108)
Reserve remeasurement (gains) losses, ceded 0 0 0 1
Reserve remeasurement (gains) losses (37) (51) (78) (107)
Total benefits and claims, net $ 2,010 $ 1,921 $ 3,955 $ 3,932
[1] Includes a gain (loss) of an immaterial amount and $(2) for the three-month periods and an immaterial amount and $(5) for the six-month periods ended June 30, 2025 and 2024, respectively, related to remeasurement of the deferred profit liability for limited-payment contracts.