Fair Value of Financial Instruments - Schedule of Significant Unobservable Inputs Used for Fair Value Measurements Classified as Level 3 (Details)
$ in Millions |
Mar. 31, 2026
USD ($)
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 45,095
|
$ 45,762
|
|
| Derivative assets |
32
|
39
|
|
| Other assets, at fair value |
368
|
349
|
|
| Reinsurance recoverable |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Other assets, at fair value |
101
|
98
|
$ 107
|
| Equity index options |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
12
|
18
|
|
| Forward bond purchase commitments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
4
|
6
|
|
| U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
26,509
|
27,046
|
|
| Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
7,045
|
7,191
|
|
| Utilities | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
4,483
|
4,515
|
|
| Utilities | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
599
|
637
|
|
| Energy | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
2,425
|
2,452
|
|
| Energy | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
915
|
944
|
|
| Finance and insurance | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
6,922
|
7,057
|
|
| Finance and insurance | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
1,700
|
1,719
|
|
| Consumer—non-cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
4,354
|
4,406
|
|
| Consumer—non-cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
550
|
557
|
|
| Technology and communications | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
2,620
|
2,749
|
|
| Technology and communications | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
706
|
689
|
|
| Industrial | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
895
|
954
|
|
| Industrial | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
741
|
761
|
|
| Capital goods | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
2,273
|
2,319
|
|
| Capital goods | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
686
|
692
|
|
| Consumer—cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
1,219
|
1,249
|
|
| Consumer—cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
221
|
250
|
|
| Transportation | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
1,057
|
1,075
|
|
| Transportation | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
491
|
485
|
|
| Other | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
261
|
270
|
|
| Other | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
436
|
457
|
|
| Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
3,023
|
3,071
|
|
| Derivative assets |
16
|
24
|
|
| Level 3 | Lapse Rate, Non-performance Risk and Equity Index Volatility | Reinsurance recoverable |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Other assets, at fair value |
101
|
|
|
| Level 3 | Equity index options |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
12
|
18
|
|
| Level 3 | Equity index options | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
$ 12
|
|
|
| Level 3 | Equity index options | Minimum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.13
|
|
|
| Level 3 | Equity index options | Maximum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.45
|
|
|
| Level 3 | Equity index options | Weighted Average | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.32
|
|
|
| Level 3 | Forward bond purchase commitments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
$ 4
|
6
|
|
| Level 3 | Forward bond purchase commitments | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
$ 4
|
|
|
| Level 3 | Forward bond purchase commitments | Minimum | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.0011
|
|
|
| Level 3 | Forward bond purchase commitments | Maximum | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.0044
|
|
|
| Level 3 | Forward bond purchase commitments | Weighted Average | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.0023
|
|
|
| Level 3 | Reinsurance recoverable | Minimum | Lapse rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.02
|
|
|
| Level 3 | Reinsurance recoverable | Minimum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.19
|
|
|
| Level 3 | Reinsurance recoverable | Minimum | Non-performance risk (credit spreads) |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.0042
|
|
|
| Level 3 | Reinsurance recoverable | Maximum | Lapse rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.09
|
|
|
| Level 3 | Reinsurance recoverable | Maximum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.28
|
|
|
| Level 3 | Reinsurance recoverable | Maximum | Non-performance risk (credit spreads) |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.0083
|
|
|
| Level 3 | Reinsurance recoverable | Weighted Average | Lapse rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.05
|
|
|
| Level 3 | Reinsurance recoverable | Weighted Average | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.24
|
|
|
| Level 3 | Reinsurance recoverable | Weighted Average | Non-performance risk (credit spreads) |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.0069
|
|
|
| Level 3 | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 1,888
|
1,957
|
|
| Level 3 | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 1,777
|
|
|
| Level 3 | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0014
|
|
|
| Level 3 | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0246
|
|
|
| Level 3 | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0135
|
|
|
| Level 3 | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 737
|
749
|
|
| Level 3 | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 699
|
|
|
| Level 3 | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0063
|
|
|
| Level 3 | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0244
|
|
|
| Level 3 | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0121
|
|
|
| Level 3 | Utilities | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 993
|
1,004
|
|
| Level 3 | Utilities | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 949
|
|
|
| Level 3 | Utilities | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0063
|
|
|
| Level 3 | Utilities | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0229
|
|
|
| Level 3 | Utilities | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0128
|
|
|
| Level 3 | Utilities | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 227
|
237
|
|
| Level 3 | Utilities | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 226
|
|
|
| Level 3 | Utilities | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0086
|
|
|
| Level 3 | Utilities | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0244
|
|
|
| Level 3 | Utilities | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0119
|
|
|
| Level 3 | Energy | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 21
|
21
|
|
| Level 3 | Energy | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 21
|
|
|
| Level 3 | Energy | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0126
|
|
|
| Level 3 | Energy | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0170
|
|
|
| Level 3 | Energy | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0150
|
|
|
| Level 3 | Energy | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 108
|
107
|
|
| Level 3 | Energy | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 97
|
|
|
| Level 3 | Energy | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0091
|
|
|
| Level 3 | Energy | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0170
|
|
|
| Level 3 | Energy | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0118
|
|
|
| Level 3 | Finance and insurance | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 604
|
619
|
|
| Level 3 | Finance and insurance | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 586
|
|
|
| Level 3 | Finance and insurance | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0014
|
|
|
| Level 3 | Finance and insurance | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0246
|
|
|
| Level 3 | Finance and insurance | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0151
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 22
|
22
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 22
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0115
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0139
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0124
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 34
|
35
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 34
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0077
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0220
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0125
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 17
|
16
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 14
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0098
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0148
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0107
|
|
|
| Level 3 | Technology and communications | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 10
|
18
|
|
| Level 3 | Technology and communications | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 10
|
|
|
| Level 3 | Technology and communications | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0088
|
|
|
| Level 3 | Technology and communications | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0181
|
|
|
| Level 3 | Technology and communications | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0136
|
|
|
| Level 3 | Technology and communications | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 9
|
9
|
|
| Level 3 | Technology and communications | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 9
|
|
|
| Fixed maturity securities, measurement input |
0.0088
|
|
|
| Level 3 | Industrial | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 17
|
16
|
|
| Level 3 | Industrial | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 17
|
|
|
| Level 3 | Industrial | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0088
|
|
|
| Level 3 | Industrial | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0170
|
|
|
| Level 3 | Industrial | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0117
|
|
|
| Level 3 | Industrial | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 114
|
116
|
|
| Level 3 | Industrial | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 114
|
|
|
| Level 3 | Industrial | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0102
|
|
|
| Level 3 | Industrial | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0180
|
|
|
| Level 3 | Industrial | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0123
|
|
|
| Level 3 | Capital goods | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 36
|
37
|
|
| Level 3 | Capital goods | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 36
|
|
|
| Level 3 | Capital goods | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0126
|
|
|
| Level 3 | Capital goods | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0141
|
|
|
| Level 3 | Capital goods | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0132
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 63
|
64
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 57
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0126
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0196
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0148
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 42
|
55
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 40
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0110
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0136
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0130
|
|
|
| Level 3 | Consumer—cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 25
|
24
|
|
| Level 3 | Consumer—cyclical | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 22
|
|
|
| Fixed maturity securities, measurement input |
0.0132
|
|
|
| Level 3 | Transportation | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 13
|
27
|
|
| Level 3 | Transportation | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 13
|
|
|
| Level 3 | Transportation | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0052
|
|
|
| Level 3 | Transportation | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0159
|
|
|
| Level 3 | Transportation | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0130
|
|
|
| Level 3 | Transportation | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 78
|
79
|
|
| Level 3 | Transportation | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 77
|
|
|
| Level 3 | Transportation | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0102
|
|
|
| Level 3 | Transportation | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0170
|
|
|
| Level 3 | Transportation | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0129
|
|
|
| Level 3 | Other | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 118
|
125
|
|
| Level 3 | Other | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 71
|
|
|
| Level 3 | Other | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0088
|
|
|
| Level 3 | Other | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0147
|
|
|
| Level 3 | Other | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0105
|
|
|
| Level 3 | Other | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 74
|
$ 75
|
|
| Level 3 | Other | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 61
|
|
|
| Level 3 | Other | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0063
|
|
|
| Level 3 | Other | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0126
|
|
|
| Level 3 | Other | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0105
|
|
|