v3.25.3
Investments (Details) - Investment Information, Debt Securities - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Investment disclosure details            
Fixed maturities, amortized cost $ 93,598     $ 88,277    
Allowance for expected credit losses 4     2    
Gross unrealized gains 883     223    
Gross unrealized losses 3,364     4,832    
Fixed maturities, at fair value 91,113     83,666    
Proceeds from sales of fixed maturities classified as available for sale 779 $ 1,475        
Gross realized gains 1 2        
Gross realized losses on sales of fixed maturities 29 57        
Realized losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date 20 34        
U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 4,084     5,735    
Allowance for expected credit losses 0     0    
Gross unrealized gains 15     4    
Gross unrealized losses 86     169    
Fixed maturities, at fair value 4,013     5,570    
Obligations of U.S. states, municipalities and political subdivisions [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 32,191     29,526    
Allowance for expected credit losses 0     0    
Gross unrealized gains 153     43    
Gross unrealized losses 2,040     2,384    
Fixed maturities, at fair value 30,304     27,185    
Obligations of U.S. states, municipalities and political subdivisions, local general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 21,171     18,604    
Allowance for expected credit losses 0     0    
Gross unrealized gains 103     23    
Gross unrealized losses 1,342     1,604    
Fixed maturities, at fair value 19,932     17,023    
Obligations of U.S. states, municipalities and political subdivisions, revenue [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 9,677     9,268    
Allowance for expected credit losses 0     0    
Gross unrealized gains 42     16    
Gross unrealized losses 642     704    
Fixed maturities, at fair value 9,077     8,580    
Obligations of U.S. states, municipalities and political subdivisions, state general obligation [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 1,019     1,081    
Allowance for expected credit losses 0     0    
Gross unrealized gains 5     2    
Gross unrealized losses 55     73    
Fixed maturities, at fair value 969     1,010    
Obligations of U.S. states, municipalities and political subdivisions, pre-refunded [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 324     573    
Allowance for expected credit losses 0     0    
Gross unrealized gains 3     2    
Gross unrealized losses 1     3    
Fixed maturities, at fair value 326     572    
Debt securities issued by foreign governments [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 984     917    
Allowance for expected credit losses 0     0    
Gross unrealized gains 10     5    
Gross unrealized losses 6     13    
Fixed maturities, at fair value 988     909    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 13,287     12,888    
Allowance for expected credit losses 0     0    
Gross unrealized gains 225     53    
Gross unrealized losses 151     336    
Fixed maturities, at fair value 13,361     12,605    
Corporate and all other bonds [Member]            
Investment disclosure details            
Fixed maturities, amortized cost 43,052     39,211    
Allowance for expected credit losses 4 $ 0 $ 4 2 $ 1 $ 5
Gross unrealized gains 480     118    
Gross unrealized losses 1,081     1,930    
Fixed maturities, at fair value $ 42,447     $ 37,397