v3.26.1
Investments (Summary of fixed maturity and equity securities) (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost $ 45,060 $ 44,668    
Gross Unrealized Gains 813 1,089    
Gross Unrealized Losses 2,568 2,286    
Allowance for Credit Losses 75 69 $ 47 $ 45
Estimated Fair Value 43,230 43,402    
Corporate and other bonds        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 25,624 25,484    
Gross Unrealized Gains 482 682    
Gross Unrealized Losses 1,074 881    
Allowance for Credit Losses 31 28 15 13
Estimated Fair Value 25,001 25,257    
States, municipalities and political subdivisions        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 9,110 8,870    
Gross Unrealized Gains 255 303    
Gross Unrealized Losses 793 742    
Allowance for Credit Losses 0 0    
Estimated Fair Value 8,572 8,431    
Residential mortgage-backed        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 4,035 4,011    
Gross Unrealized Gains 37 50    
Gross Unrealized Losses 372 366    
Allowance for Credit Losses 0 0    
Estimated Fair Value 3,700 3,695    
Commercial mortgage-backed        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 1,548 1,566    
Gross Unrealized Gains 13 18    
Gross Unrealized Losses 81 80    
Allowance for Credit Losses 21 21    
Estimated Fair Value 1,459 1,483    
Other asset-backed        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 3,722 3,729    
Gross Unrealized Gains 19 28    
Gross Unrealized Losses 219 194    
Allowance for Credit Losses 23 20    
Estimated Fair Value 3,499 3,543    
Asset-backed        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 9,305 9,306    
Gross Unrealized Gains 69 96    
Gross Unrealized Losses 672 640    
Allowance for Credit Losses 44 41 $ 32 $ 32
Estimated Fair Value 8,658 8,721    
U.S. Treasury and obligations of government-sponsored enterprises        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 244 236    
Gross Unrealized Gains 1 1    
Gross Unrealized Losses 3 3    
Allowance for Credit Losses 0 0    
Estimated Fair Value 242 234    
Foreign government        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 769 764    
Gross Unrealized Gains 6 7    
Gross Unrealized Losses 26 20    
Allowance for Credit Losses 0 0    
Estimated Fair Value 749 751    
Redeemable preferred stock        
Fixed maturity securities available-for-sale:        
Cost or Amortized Cost 8 8    
Gross Unrealized Gains 0 0    
Gross Unrealized Losses 0 0    
Allowance for Credit Losses 0 0    
Estimated Fair Value $ 8 $ 8