v3.25.2
Reinsurance - Effect of Reinusance (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Premiums:        
Direct premiums $ 956 $ 1,025 $ 1,914 $ 2,054
Reinsurance assumed 3 4 11 11
Reinsurance ceded 241 239 470 475
Premiums 718 790 1,455 1,590
Fee income:        
Gross fee income 651 612 1,296 1,220
Reinsurance assumed 24 4 50 8
Reinsurance ceded 98 99 199 198
Net fee income 577 517 1,147 1,030
Interest credited and other benefits to contract owners / policyholders:        
Direct interest credited and other benefits to contract owners / policyholders 1,098 1,157 2,252 2,338
Reinsurance assumed 35 17 60 36
Reinsurance ceded 332 331 676 680
Net interest credited and other benefits to contract owners / policyholders $ 801 $ 843 $ 1,636 $ 1,694