v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Restricted Assets
The components of the fair value of the restricted assets were as follows as of the dates indicated:
June 30, 2025December 31, 2024
Fixed maturity collateral pledged to FHLB(1)
$1,510 $1,238 
FHLB restricted stock(2)
40 34 
Other fixed maturities-state deposits12 8 
Cash and cash equivalents2 2 
Securities pledged(3)
686 1,089 
Total restricted assets$2,250 $2,371 
(1) Included in Fixed maturities, available-for-sale, at fair value on the Condensed Consolidated Balance Sheets.
(2) Included in Other investments on the Condensed Consolidated Balance Sheets.
(3) Includes the fair value of loaned securities of $544 and $871 as of June 30, 2025 and December 31, 2024, respectively. In addition, as of June 30, 2025 and December 31, 2024, the Company delivered securities as collateral of $142 and $133, respectively, and repurchase agreements of $0 and $85, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Condensed Consolidated Balance Sheets.