v3.25.4
Investments - Rollforward of changes in allowance for credit losses on available for sale fixed maturity securities by major investment category (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
Balance, beginning of period $ 119 $ 128 $ 148
Additions:      
Securities for which allowance for credit losses were not previously recorded 162 111 143
Reductions:      
Securities sold during the period (21) (55) (32)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis (10) 133 28
Write-offs charged against the allowance (123) (199) (159)
Other 3 1 0
Balance, end of period 130 119 128
Structured      
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
Balance, beginning of period 33 55 27
Additions:      
Securities for which allowance for credit losses were not previously recorded 19 21 59
Reductions:      
Securities sold during the period 0 (21) (2)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis (11) 46 (10)
Write-offs charged against the allowance (7) (68) (19)
Other 2 0 0
Balance, end of period 36 33 55
Non-Structured      
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
Balance, beginning of period 86 73 121
Additions:      
Securities for which allowance for credit losses were not previously recorded 143 90 84
Reductions:      
Securities sold during the period (21) (34) (30)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis 1 87 38
Write-offs charged against the allowance (116) (131) (140)
Other 1 1 0
Balance, end of period $ 94 $ 86 $ 73