v3.25.2
Contracts Accounted for as Insurance - BIG Transaction Loss Summary (Details)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
risk
Dec. 31, 2024
USD ($)
risk
Discount    
Total $ (36)  
BIG    
Number of risks    
Total (in contracts) | risk 202 207
Principal    
Total $ 10,478 $ 10,150
BIG | BIG 1    
Number of risks    
Total (in contracts) | risk 91 98
Principal    
Total $ 5,528 $ 8,074
BIG | BIG 2    
Number of risks    
Total (in contracts) | risk 13 12
Principal    
Total $ 3,546 $ 702
BIG | BIG 3    
Number of risks    
Total (in contracts) | risk 98 97
Principal    
Total $ 1,404 $ 1,374
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Number of risks    
Total (in contracts) | risk 202 207
Remaining weighted average contract period    
Gross (in years) 16 years 9 months 18 days 16 years 7 months 6 days
Total (in years) 16 years 9 months 18 days 16 years 7 months 6 days
Principal    
Gross $ 10,492 $ 10,164
Total 10,478 10,150
Interest    
Gross 8,686 8,338
Total 8,684 8,335
Total net outstanding exposure    
Gross 19,178 18,502
Total 19,162 18,485
Expected cash outflows (inflows)    
Gross 4,130 5,665
Total 4,121 5,656
Potential recoveries    
Gross (3,925) (5,626)
Total (3,915) (5,616)
Subtotal    
Gross 205 39
Total 206 40
Discount    
Gross (36) 49
Total (36) 49
Expected losses to be paid (recovered)    
Gross 169 88
Net expected loss to be paid 170 89
Deferred premium revenue    
Gross 452 498
Total 452 498
Reserves (salvage)    
Gross (68) (129)
Total $ (67) $ (128)
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 1    
Number of risks    
Total (in contracts) | risk 91 98
Remaining weighted average contract period    
Gross (in years) 11 years 7 months 6 days 18 years 7 months 6 days
Principal    
Gross $ 5,534 $ 8,080
Interest    
Gross 3,395 7,546
Total net outstanding exposure    
Gross 8,929 15,626
Expected cash outflows (inflows)    
Gross 129 4,016
Potential recoveries    
Gross (367) (4,201)
Subtotal    
Gross (238) (185)
Discount    
Gross 45 43
Expected losses to be paid (recovered)    
Gross (193) (142)
Deferred premium revenue    
Gross 198 333
Reserves (salvage)    
Gross $ (235) $ (226)
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 2    
Number of risks    
Total (in contracts) | risk 13 12
Remaining weighted average contract period    
Gross (in years) 24 years 6 months 8 years 9 months 18 days
Principal    
Gross $ 3,546 $ 702
Interest    
Gross 4,899 371
Total net outstanding exposure    
Gross 8,445 1,073
Expected cash outflows (inflows)    
Gross 2,659 342
Potential recoveries    
Gross (2,412) (293)
Subtotal    
Gross 247 49
Discount    
Gross (63) 29
Expected losses to be paid (recovered)    
Gross 184 78
Deferred premium revenue    
Gross 142 49
Reserves (salvage)    
Gross $ 76 $ 35
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 3    
Number of risks    
Total (in contracts) | risk 98 97
Remaining weighted average contract period    
Gross (in years) 5 years 6 months 6 years 1 month 6 days
Principal    
Gross $ 1,412 $ 1,382
Interest    
Gross 392 421
Total net outstanding exposure    
Gross 1,804 1,803
Expected cash outflows (inflows)    
Gross 1,342 1,307
Potential recoveries    
Gross (1,146) (1,132)
Subtotal    
Gross 196 175
Discount    
Gross (18) (23)
Expected losses to be paid (recovered)    
Gross 178 152
Deferred premium revenue    
Gross 112 116
Reserves (salvage)    
Gross $ 91 $ 62