v3.25.2
Segment Information - Segment Information (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Segment Reporting [Abstract]        
Number of reportable segments | segment     2  
Segment Reporting Information [Line Items]        
Revenues $ 281 $ 202 $ 626 $ 447
Segment loss and LAE (benefit) 28 (2) 68 (3)
Employee compensation and benefit expenses 50 48 110 106
Segment amortization of deferred acquisition cost 5 3 10 9
Segment expenses 151 113 320 238
Segment equity in earnings (losses) of investees 3 5 56 29
Less: Provision (benefit) for income taxes 27 13 71 44
Net investment income 89 81 176 165
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Revenues 0 4 16 20
Segment expenses (2) (5) (4) (10)
Segment equity in earnings (losses) of investees (1) (7) (7) (24)
Less: Provision (benefit) for income taxes (1) 0 0 0
Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 214 196 459 426
Segment expenses 114 74 182 159
Segment equity in earnings (losses) of investees 1 12 44 53
Less: Provision (benefit) for income taxes 21 18 61 54
Insurance | Operating Segments Excluding Intersegment Elimination        
Segment Reporting Information [Line Items]        
Revenues 196 186 433 413
Insurance | Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Revenues 3 3 5 5
Insurance | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 199 189 438 418
Segment loss and LAE (benefit) 27 0 4 4
Employee compensation and benefit expenses 44 40 96 88
Segment amortization of deferred acquisition cost 5 3 10 9
Other segment items 29 27 59 54
Segment expenses 105 70 169 155
Segment equity in earnings (losses) of investees 2 15 32 55
Less: Provision (benefit) for income taxes 20 18 57 53
Segment adjusted operating income (loss) 76 116 244 265
Net investment income 89 81 175 164
Non-cash compensation and operating expenses 14 11 32 28
Asset Management | Operating Segments Excluding Intersegment Elimination        
Segment Reporting Information [Line Items]        
Revenues 13 6 18 7
Asset Management | Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Revenues 2 1 3 1
Asset Management | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 15 7 21 8
Segment loss and LAE (benefit) 0 0 0 0
Employee compensation and benefit expenses 0 0 0 0
Segment amortization of deferred acquisition cost 0 0 0 0
Other segment items 9 4 13 4
Segment expenses 9 4 13 4
Segment equity in earnings (losses) of investees (1) (3) 12 (2)
Less: Provision (benefit) for income taxes 1 0 4 1
Segment adjusted operating income (loss) 4 0 16 1
Net investment income 0 0 0 0
Non-cash compensation and operating expenses $ 0 $ 0 $ 0 $ 0