v3.26.1
Assured Life Re Acquisition (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The following table shows the net effect of the Assured Life Re Acquisition on the Acquisition Date.

 Net Effect of
Assured Life Re Acquisition
 (in millions)
Cash purchase price$158 
Assets purchased:
Investments631 
Cash13 
Funds withheld 293 
Other assets35 
Total assets972 
Liabilities assumed:
Future policy benefits for annuity reinsurance contracts (including deferred profit liability)504 
Policyholder account balances for annuity reinsurance contracts270 
Other liabilities34 
Total liabilities808 
Net assets 164 
Bargain purchase gain$6