Investments - Schedule of sources of net investment income (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Net Investment Income [Line Items] | ||||
Investment income | $ 190 | $ 193 | $ 370 | $ 397 |
Equity in earnings (losses) of partnerships and similar investments, net | (6) | 14 | 7 | 39 |
Investment expenses | (6) | (5) | (13) | (11) |
Net investment income | 184 | 188 | 357 | 386 |
Fixed maturities | Net investment income | ||||
Net Investment Income [Line Items] | ||||
Investment income | 141 | 136 | 281 | 270 |
Fixed maturities | Net investment income | ||||
Net Investment Income [Line Items] | ||||
Change in fair value of fixed maturity securities | 7 | 0 | 2 | 0 |
Equity securities | Net investment income | ||||
Net Investment Income [Line Items] | ||||
Dividends | 15 | 7 | 21 | 14 |
Change in fair value of equity securities | 4 | 9 | 4 | 25 |
Cash and cash equivalents | ||||
Net Investment Income [Line Items] | ||||
Investment income | 10 | 12 | 23 | 24 |
Other | ||||
Net Investment Income [Line Items] | ||||
Investment income | $ 19 | $ 15 | $ 32 | $ 25 |
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- Definition The change in fair value of debt securities classified as trading or derivatives embedded in convertible fixed maturities. No definition available.
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- Definition Amount of operating dividend income on securities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of unrealized and realized gain (loss) on investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses related to the generation of investment income. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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