v3.25.4
Investments in fixed maturity securities (Tables)
 12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of investments in securities with fixed maturities

Investments in fixed maturity securities are summarized by type below (in millions).

 

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury, U.S. government corporations and agencies

$

3,835

 

 

$

14

 

 

$

—

 

 

$

3,849

 

Foreign governments

 

12,493

 

 

 

58

 

 

 

(9

)

 

 

12,542

 

Corporate and other

 

1,197

 

 

 

232

 

 

 

(4

)

 

 

1,425

 

$

17,525

 

 

$

304

 

 

$

(13

)

 

$

17,816

 

December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury, U.S. government corporations and agencies

$

4,447

 

 

$

16

 

 

$

(4

)

 

$

4,459

 

Foreign governments

 

9,443

 

 

 

16

 

 

 

(97

)

 

 

9,362

 

Corporate and other

 

1,324

 

 

 

225

 

 

 

(6

)

 

 

1,543

 

 

$

15,214

 

 

$

257

 

 

$

(107

)

 

$

15,364

 
Schedule of amortized cost and estimated fair value of securities with fixed maturities

 

 

Due in one
year or less

 

 

Due after one
year through
five years

 

 

Due after five
years through
ten years

 

 

Due after
ten years

 

 

Mortgage-backed
securities

 

 

Total

 

Amortized cost

$

12,875

 

 

$

4,040

 

 

$

406

 

 

$

100

 

 

$

104

 

 

$

17,525

 

Fair value

 

12,949

 

 

 

4,083

 

 

 

558

 

 

 

110

 

 

 

116

 

 

 

17,816