v3.25.4
Investments - Securities available for sale in a loss position (Details)
$ in Millions
Dec. 31, 2025
USD ($)
security
Dec. 31, 2024
USD ($)
security
Fair Value    
Less Than 12 Months $ 26,028 $ 35,524
12 Months or More 77,115 86,633
Total 103,143 122,157
Gross Unrealized Losses    
Less Than 12 Months 1,685 2,565
12 Months or More 15,932 19,392
Total $ 17,617 $ 21,957
Number of securities in an unrealized loss position | security 11,154 14,190
Number of individual securities in continuous unrealized loss position for longer than twelve months | security 8,986 11,054
U.S. government and government sponsored entities    
Fair Value    
Less Than 12 Months $ 54 $ 264
12 Months or More 875 676
Total 929 940
Gross Unrealized Losses    
Less Than 12 Months 1 17
12 Months or More 328 320
Total 329 337
Obligations of states, municipalities and political subdivisions    
Fair Value    
Less Than 12 Months 407 645
12 Months or More 3,303 3,504
Total 3,710 4,149
Gross Unrealized Losses    
Less Than 12 Months 46 46
12 Months or More 644 792
Total 690 838
Non-U.S. governments    
Fair Value    
Less Than 12 Months 360 922
12 Months or More 2,515 2,587
Total 2,875 3,509
Gross Unrealized Losses    
Less Than 12 Months 32 76
12 Months or More 585 780
Total 617 856
Corporate debt    
Fair Value    
Less Than 12 Months 16,178 24,777
12 Months or More 55,136 60,591
Total 71,314 85,368
Gross Unrealized Losses    
Less Than 12 Months 1,351 2,176
12 Months or More 13,002 15,291
Total 14,353 17,467
RMBS    
Fair Value    
Less Than 12 Months 1,949 3,164
12 Months or More 4,146 4,964
Total 6,095 8,128
Gross Unrealized Losses    
Less Than 12 Months 139 101
12 Months or More 446 716
Total 585 817
CMBS    
Fair Value    
Less Than 12 Months 1,023 839
12 Months or More 4,785 5,665
Total 5,808 6,504
Gross Unrealized Losses    
Less Than 12 Months 14 32
12 Months or More 478 700
Total 492 732
CLO    
Fair Value    
Less Than 12 Months 2,826 1,293
12 Months or More 658 935
Total 3,484 2,228
Gross Unrealized Losses    
Less Than 12 Months 36 31
12 Months or More 12 27
Total 48 58
ABS    
Fair Value    
Less Than 12 Months 3,231 3,620
12 Months or More 5,697 7,711
Total 8,928 11,331
Gross Unrealized Losses    
Less Than 12 Months 66 86
12 Months or More 437 766
Total $ 503 $ 852