v3.26.1
Fair Value Measurements - Level 3 Rollforwards (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Purchases, Sales, Issuances and Settlements $ (336) $ 6
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Purchases, Sales, Issuances and Settlements (75)  
Funds withheld payable under reinsurance treaties    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value (1,971) (1,353)
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) 24 (193)
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements (32) (14)
Transfers in and/or (out of ) Level 3 0 0
Fair Value (1,979) (1,560)
Market risk benefit liabilities    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value (3,754) (3,774)
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) (507) (678)
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 333 327
Purchases, Sales, Issuances and Settlements (43) 0
Transfers in and/or (out of ) Level 3 0 0
Fair Value (3,971) (4,125)
Debt Securities | Public utilities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value   44
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss)   0
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss)   0
Purchases, Sales, Issuances and Settlements   (44)
Transfers in and/or (out of ) Level 3   0
Fair Value   0
Debt Securities | Corporate securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 346 274
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) 2 0
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 2 4
Purchases, Sales, Issuances and Settlements (190) 27
Transfers in and/or (out of ) Level 3 (15) (5)
Fair Value 145 300
Debt Securities | Other asset-backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 426 661
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) (19) 0
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) (1) (2)
Purchases, Sales, Issuances and Settlements (59) 11
Transfers in and/or (out of ) Level 3 (69) 121
Fair Value 278 791
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 7 7
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) 2 0
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements 0 0
Transfers in and/or (out of ) Level 3 0 0
Fair Value 9 7
Mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 324 449
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) 2 4
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements (130) (2)
Transfers in and/or (out of ) Level 3 0 0
Fair Value 196 451
Limited partnerships    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 250 195
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) 4 7
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements 12 1
Transfers in and/or (out of ) Level 3 10 0
Fair Value 276 203
Policy loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 3,537 3,489
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) (12) (10)
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements 31 13
Transfers in and/or (out of ) Level 3 0 0
Fair Value 3,556 3,492
Reinsurance recoverable on market risk benefits    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 118 121
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) 3 5
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements 0 0
Transfers in and/or (out of ) Level 3 0 0
Fair Value 121 126
Market risk benefit assets    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 7,867 8,899
Total Realized/Unrealized Gains (Losses) Included in Net Income (Loss) (1,166) (1,573)
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) 0 0
Purchases, Sales, Issuances and Settlements 0 0
Transfers in and/or (out of ) Level 3 0 0
Fair Value $ 6,701 $ 7,326