Future Policy Benefits - Disaggregate Rollforwards (Details) - USD ($) $ in Millions |
3 Months Ended |
|
Mar. 31, 2026 |
Mar. 31, 2025 |
Dec. 31, 2025 |
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Net liability for FPBs |
$ 206,628
|
|
$ 208,855
|
| Fixed & Immediate Annuities | RIS |
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
0
|
$ 0
|
|
| Balance, beginning of period, at original discount rate |
0
|
0
|
|
| Effect of actual variances from expected experience (1) |
(13)
|
(32)
|
|
| Adjusted balance |
(13)
|
(32)
|
|
| Issuances |
1,296
|
2,150
|
|
| Net premiums collected |
(1,283)
|
(2,118)
|
|
| Ending balance at original discount rate |
0
|
0
|
|
| Balance, end of period, at current discount rate at balance sheet date |
0
|
0
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
79,842
|
66,621
|
|
| Balance, beginning of period, at original discount rate |
81,498
|
69,643
|
|
| Effect of actual variances from expected experience (1) |
(46)
|
(80)
|
|
| Adjusted balance |
81,452
|
69,563
|
|
| Issuances |
1,297
|
2,179
|
|
| Interest accrual |
966
|
833
|
|
| Benefit payments |
(1,828)
|
(1,620)
|
|
| Effect of foreign currency translation |
(21)
|
9
|
|
| Ending balance at original discount rate |
81,866
|
70,964
|
|
| Effect of changes in discount rate assumptions |
(2,889)
|
(2,533)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
78,977
|
68,431
|
|
| Cumulative amount of fair value hedging adjustments |
(326)
|
(285)
|
|
| Net liability for FPBs |
78,651
|
68,146
|
79,523
|
| Less: Reinsurance recoverables (Amount due to reinsurer) |
12,227
|
2,228
|
|
| Net liability for FPBs, net of reinsurance |
66,424
|
65,918
|
|
| Undiscounted - Expected future benefit payments |
146,398
|
128,949
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 78,977
|
$ 68,431
|
79,842
|
| Weighted-average duration of the liability |
8 years
|
8 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
4.80%
|
4.90%
|
|
| Weighted-average current discount rate at balance sheet date |
5.60%
|
5.50%
|
|
| Deferred Profit Liability Offset to Actual Versus Expected |
|
$ 34
|
|
| Whole and Term Life & Endowments | Asia |
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
$ 3,910
|
4,023
|
|
| Balance, beginning of period, at original discount rate |
4,337
|
4,286
|
|
| Effect of actual variances from expected experience (1) |
(11)
|
(14)
|
|
| Adjusted balance |
4,326
|
4,272
|
|
| Issuances |
207
|
149
|
|
| Interest accrual |
23
|
19
|
|
| Net premiums collected |
(167)
|
(155)
|
|
| Effect of foreign currency translation |
(87)
|
155
|
|
| Ending balance at original discount rate |
4,302
|
4,440
|
|
| Effect of changes in discount rate assumptions |
(490)
|
(318)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
7
|
(14)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
3,819
|
4,108
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
14,050
|
15,190
|
|
| Balance, beginning of period, at original discount rate |
15,358
|
15,252
|
|
| Effect of actual variances from expected experience (1) |
1
|
(12)
|
|
| Adjusted balance |
15,359
|
15,240
|
|
| Issuances |
207
|
149
|
|
| Interest accrual |
98
|
91
|
|
| Benefit payments |
(256)
|
(244)
|
|
| Effect of foreign currency translation |
(388)
|
544
|
|
| Ending balance at original discount rate |
15,020
|
15,780
|
|
| Effect of changes in discount rate assumptions |
(1,938)
|
(22)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
(27)
|
(85)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
13,055
|
15,673
|
|
| Net liability for FPBs |
9,236
|
11,565
|
10,140
|
| Less: Reinsurance recoverables (Amount due to reinsurer) |
(1)
|
(2)
|
|
| Net liability for FPBs, net of reinsurance |
9,237
|
11,567
|
|
| Undiscounted - Expected future gross premiums |
9,147
|
9,043
|
|
| Undiscounted - Expected future benefit payments |
25,998
|
26,263
|
|
| Discounted - Expected future gross premiums (at current discount rate at balance sheet date) |
7,256
|
7,512
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 13,055
|
$ 15,673
|
14,050
|
| Weighted-average duration of the liability |
16 years
|
18 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
2.80%
|
2.60%
|
|
| Weighted-average current discount rate at balance sheet date |
4.00%
|
2.80%
|
|
| Accident & health insurance | Asia |
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
$ 15,389
|
$ 17,203
|
|
| Balance, beginning of period, at original discount rate |
18,243
|
18,820
|
|
| Effect of actual variances from expected experience (1) |
(36)
|
(125)
|
|
| Adjusted balance |
18,207
|
18,695
|
|
| Issuances |
245
|
338
|
|
| Interest accrual |
53
|
55
|
|
| Net premiums collected |
(449)
|
(470)
|
|
| Effect of foreign currency translation |
(320)
|
1,072
|
|
| Ending balance at original discount rate |
17,736
|
19,690
|
|
| Effect of changes in discount rate assumptions |
(3,196)
|
(2,017)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
46
|
(84)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
14,586
|
17,589
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
23,153
|
26,565
|
|
| Balance, beginning of period, at original discount rate |
32,942
|
32,838
|
|
| Effect of actual variances from expected experience (1) |
(39)
|
(132)
|
|
| Adjusted balance |
32,903
|
32,706
|
|
| Issuances |
245
|
337
|
|
| Interest accrual |
115
|
116
|
|
| Benefit payments |
(310)
|
(310)
|
|
| Effect of foreign currency translation |
(640)
|
1,661
|
|
| Ending balance at original discount rate |
32,313
|
34,510
|
|
| Effect of changes in discount rate assumptions |
(10,805)
|
(6,967)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
155
|
(325)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
21,663
|
27,218
|
|
| Cumulative impact of flooring the future policyholder benefits reserve |
182
|
50
|
|
| Net liability for FPBs |
7,259
|
9,679
|
7,913
|
| Less: Reinsurance recoverables (Amount due to reinsurer) |
102
|
141
|
|
| Net liability for FPBs, net of reinsurance |
7,157
|
9,538
|
|
| Undiscounted - Expected future gross premiums |
35,766
|
38,785
|
|
| Undiscounted - Expected future benefit payments |
42,669
|
45,242
|
|
| Discounted - Expected future gross premiums (at current discount rate at balance sheet date) |
25,297
|
30,160
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 21,663
|
$ 27,218
|
23,153
|
| Weighted-average duration of the liability |
16 years
|
23 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
1.70%
|
1.70%
|
|
| Weighted-average current discount rate at balance sheet date |
4.20%
|
2.90%
|
|
| Fixed Annuity | Latin America |
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
$ 0
|
$ 0
|
|
| Balance, beginning of period, at original discount rate |
0
|
0
|
|
| Effect of actual variances from expected experience (1) |
0
|
0
|
|
| Adjusted balance |
0
|
0
|
|
| Issuances |
448
|
330
|
|
| Interest accrual |
2
|
1
|
|
| Net premiums collected |
(450)
|
(331)
|
|
| Ending balance at original discount rate |
0
|
0
|
|
| Balance, end of period, at current discount rate at balance sheet date |
0
|
0
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
12,336
|
9,600
|
|
| Balance, beginning of period, at original discount rate |
11,588
|
9,133
|
|
| Effect of actual variances from expected experience (1) |
(1)
|
(2)
|
|
| Adjusted balance |
11,587
|
9,131
|
|
| Issuances |
454
|
348
|
|
| Interest accrual |
106
|
88
|
|
| Benefit payments |
(238)
|
(188)
|
|
| Inflation adjustment |
38
|
120
|
|
| Effect of foreign currency translation |
(407)
|
400
|
|
| Ending balance at original discount rate |
11,540
|
9,899
|
|
| Effect of changes in discount rate assumptions |
941
|
468
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
(28)
|
21
|
|
| Balance, end of period, at current discount rate at balance sheet date |
12,453
|
10,388
|
|
| Net liability for FPBs |
12,453
|
10,388
|
12,336
|
| Undiscounted - Expected future benefit payments |
17,028
|
14,760
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 12,453
|
$ 10,388
|
12,336
|
| Weighted-average duration of the liability |
11 years
|
11 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
3.70%
|
3.70%
|
|
| Weighted-average current discount rate at balance sheet date |
2.70%
|
3.10%
|
|
| Long-term Care | Corporate And Other |
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
$ 5,548
|
$ 5,475
|
|
| Balance, beginning of period, at original discount rate |
5,515
|
5,568
|
|
| Effect of actual variances from expected experience (1) |
21
|
(22)
|
|
| Adjusted balance |
5,536
|
5,546
|
|
| Interest accrual |
71
|
71
|
|
| Net premiums collected |
(142)
|
(140)
|
|
| Ending balance at original discount rate |
5,465
|
5,477
|
|
| Effect of changes in discount rate assumptions |
(42)
|
(35)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
5,423
|
5,442
|
|
| Balance, beginning of period, at current discount rate at balance sheet date |
20,772
|
20,012
|
|
| Balance, beginning of period, at original discount rate |
21,490
|
21,024
|
|
| Effect of actual variances from expected experience (1) |
44
|
(10)
|
|
| Adjusted balance |
21,534
|
21,014
|
|
| Interest accrual |
283
|
276
|
|
| Benefit payments |
(250)
|
(225)
|
|
| Ending balance at original discount rate |
21,567
|
21,065
|
|
| Effect of changes in discount rate assumptions |
(1,166)
|
(907)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
20,401
|
20,158
|
|
| Net liability for FPBs |
14,978
|
14,716
|
15,224
|
| Undiscounted - Expected future gross premiums |
10,229
|
10,450
|
|
| Undiscounted - Expected future benefit payments |
44,517
|
44,745
|
|
| Discounted - Expected future gross premiums (at current discount rate at balance sheet date) |
6,824
|
6,932
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 20,401
|
$ 20,158
|
$ 20,772
|
| Weighted-average duration of the liability |
13 years
|
13 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
5.40%
|
5.40%
|
|
| Weighted-average current discount rate at balance sheet date |
6.00%
|
5.80%
|
|