v3.25.2
Investments - Available for sale fixed maturities (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost $ 10,632   $ 10,687      
Fixed maturities, available for sale, allowance for expected credit losses 15 $ 41 34 $ 10 $ 11 $ 12
Available for sale (AFS) fixed maturities 10,489   10,398      
Total fixed maturities            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 10,632   10,687      
Fixed maturities, available for sale, allowance for expected credit losses 15   34      
Fixed maturities, available for sale, gross unrealized, gains 142   98      
Fixed maturities, available for sale, gross unrealized, losses (270)   (353)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax (128)   (255)      
Available for sale (AFS) fixed maturities 10,489   10,398      
U.S. government and government agencies            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 188   176      
Fixed maturities, available for sale, allowance for expected credit losses 0   0      
Fixed maturities, available for sale, gross unrealized, gains 1   0      
Fixed maturities, available for sale, gross unrealized, losses (1)   (3)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax 0   (3)      
Available for sale (AFS) fixed maturities 188   173      
States, municipalities and political subdivisions            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 910   905      
Fixed maturities, available for sale, allowance for expected credit losses 0   0      
Fixed maturities, available for sale, gross unrealized, gains 6   3      
Fixed maturities, available for sale, gross unrealized, losses (48)   (49)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax (42)   (46)      
Available for sale (AFS) fixed maturities 868   859      
Foreign government            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 252   236      
Fixed maturities, available for sale, allowance for expected credit losses 0   0      
Fixed maturities, available for sale, gross unrealized, gains 3   2      
Fixed maturities, available for sale, gross unrealized, losses 0   (1)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax 3   1      
Available for sale (AFS) fixed maturities 255   237      
Residential MBS            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 2,314   2,122      
Fixed maturities, available for sale, allowance for expected credit losses 1   1      
Fixed maturities, available for sale, gross unrealized, gains 32   22      
Fixed maturities, available for sale, gross unrealized, losses (128)   (154)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax (96)   (132)      
Available for sale (AFS) fixed maturities 2,217   1,989      
Collateralized loan obligations            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 1,094   1,243      
Fixed maturities, available for sale, allowance for expected credit losses 4   4      
Fixed maturities, available for sale, gross unrealized, gains 6   10      
Fixed maturities, available for sale, gross unrealized, losses (8)   (12)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax (2)   (2)      
Available for sale (AFS) fixed maturities 1,088   1,237      
Other asset-backed securities            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 2,433   2,463      
Fixed maturities, available for sale, allowance for expected credit losses 5   6      
Fixed maturities, available for sale, gross unrealized, gains 25   19      
Fixed maturities, available for sale, gross unrealized, losses (47)   (69)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax (22)   (50)      
Available for sale (AFS) fixed maturities 2,406   2,407      
Corporate and other            
Debt Securities, Available-for-sale [Line Items]            
Fixed maturities, available for sale, amortized cost 3,441   3,542      
Fixed maturities, available for sale, allowance for expected credit losses 5 $ 30 23 $ 0 $ 0 $ 3
Fixed maturities, available for sale, gross unrealized, gains 69   42      
Fixed maturities, available for sale, gross unrealized, losses (38)   (65)      
Fixed maturities, available-for-sale securities, accumulated gross unrealized gain (loss), before tax 31   (23)      
Available for sale (AFS) fixed maturities $ 3,467   $ 3,496