Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($) $ in Millions |
3 Months Ended |
6 Months Ended |
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
| Assets: |
|
|
|
|
| Purchases |
$ 1,759
|
$ 1,294
|
$ 4,011
|
$ 4,182
|
| Sales |
(137)
|
(144)
|
(623)
|
(888)
|
| Issuances and Settlements |
(1,495)
|
(1,316)
|
(2,846)
|
(2,441)
|
| Purchases, Sales, Issuances and Settlements, Net |
127
|
(166)
|
542
|
853
|
| Liabilities: |
|
|
|
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
419
|
549
|
849
|
858
|
| Issuances and Settlements |
(216)
|
(346)
|
(604)
|
(490)
|
| Purchases, Sales, Issuances and Settlements, Net |
203
|
203
|
245
|
368
|
| Policyholder contract deposits |
|
|
|
|
| Liabilities: |
|
|
|
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
419
|
549
|
849
|
858
|
| Issuances and Settlements |
(377)
|
(301)
|
(607)
|
(462)
|
| Purchases, Sales, Issuances and Settlements, Net |
42
|
248
|
242
|
396
|
| Derivative liabilities, net |
|
|
|
|
| Liabilities: |
|
|
|
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Issuances and Settlements |
169
|
6
|
129
|
40
|
| Purchases, Sales, Issuances and Settlements, Net |
169
|
6
|
129
|
40
|
| Fortitude Re funds withheld payable |
|
|
|
|
| Liabilities: |
|
|
|
|
| Purchases |
0
|
0
|
0
|
0
|
| Sales |
0
|
0
|
0
|
0
|
| Issuances and Settlements |
(8)
|
(51)
|
(126)
|
(68)
|
| Purchases, Sales, Issuances and Settlements, Net |
(8)
|
(51)
|
(126)
|
(68)
|
| Bonds available-for-sale |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
1,727
|
1,197
|
3,920
|
3,898
|
| Sales |
(137)
|
(127)
|
(586)
|
(827)
|
| Issuances and Settlements |
(1,422)
|
(1,248)
|
(2,682)
|
(2,186)
|
| Purchases, Sales, Issuances and Settlements, Net |
168
|
(178)
|
652
|
885
|
| Bonds available-for-sale | Obligations of states, municipalities and political subdivisions |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
2
|
10
|
15
|
35
|
| Sales |
0
|
(13)
|
(23)
|
(38)
|
| Issuances and Settlements |
(2)
|
0
|
(2)
|
(1)
|
| Purchases, Sales, Issuances and Settlements, Net |
0
|
(3)
|
(10)
|
(4)
|
| Bonds available-for-sale | Corporate debt |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
137
|
34
|
327
|
374
|
| Sales |
(2)
|
(20)
|
(2)
|
(106)
|
| Issuances and Settlements |
(178)
|
(49)
|
(370)
|
(198)
|
| Purchases, Sales, Issuances and Settlements, Net |
(43)
|
(35)
|
(45)
|
70
|
| Bonds available-for-sale | RMBS |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
24
|
13
|
477
|
279
|
| Sales |
(12)
|
(17)
|
(91)
|
(60)
|
| Issuances and Settlements |
(204)
|
(199)
|
(380)
|
(368)
|
| Purchases, Sales, Issuances and Settlements, Net |
(192)
|
(203)
|
6
|
(149)
|
| Bonds available-for-sale | CMBS |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
32
|
5
|
49
|
12
|
| Sales |
(35)
|
(12)
|
(40)
|
(19)
|
| Issuances and Settlements |
(21)
|
(5)
|
(86)
|
(13)
|
| Purchases, Sales, Issuances and Settlements, Net |
(24)
|
(12)
|
(77)
|
(20)
|
| Bonds available-for-sale | CLO |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
418
|
143
|
516
|
326
|
| Sales |
(3)
|
0
|
(3)
|
0
|
| Issuances and Settlements |
(146)
|
(162)
|
(148)
|
(264)
|
| Purchases, Sales, Issuances and Settlements, Net |
269
|
(19)
|
365
|
62
|
| Bonds available-for-sale | ABS |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
1,114
|
992
|
2,536
|
2,872
|
| Sales |
(85)
|
(65)
|
(427)
|
(604)
|
| Issuances and Settlements |
(871)
|
(833)
|
(1,696)
|
(1,342)
|
| Purchases, Sales, Issuances and Settlements, Net |
158
|
94
|
413
|
926
|
| Other bond securities |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
17
|
61
|
69
|
118
|
| Sales |
0
|
(11)
|
(37)
|
(55)
|
| Issuances and Settlements |
(45)
|
(28)
|
(122)
|
(88)
|
| Purchases, Sales, Issuances and Settlements, Net |
(28)
|
22
|
(90)
|
(25)
|
| Other bond securities | Obligations of states, municipalities and political subdivisions |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
0
|
0
|
|
|
| Sales |
0
|
0
|
|
|
| Issuances and Settlements |
0
|
0
|
|
|
| Purchases, Sales, Issuances and Settlements, Net |
0
|
0
|
0
|
0
|
| Other bond securities | Corporate debt |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
4
|
5
|
16
|
10
|
| Sales |
0
|
1
|
0
|
(12)
|
| Issuances and Settlements |
(2)
|
(7)
|
(10)
|
(12)
|
| Purchases, Sales, Issuances and Settlements, Net |
2
|
(1)
|
6
|
(14)
|
| Other bond securities | RMBS |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
3
|
11
|
3
|
25
|
| Sales |
0
|
(11)
|
0
|
(25)
|
| Issuances and Settlements |
(1)
|
(1)
|
(2)
|
(5)
|
| Purchases, Sales, Issuances and Settlements, Net |
2
|
(1)
|
1
|
(5)
|
| Other bond securities | CMBS |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
0
|
1
|
0
|
1
|
| Sales |
0
|
(1)
|
0
|
(1)
|
| Issuances and Settlements |
0
|
0
|
(10)
|
0
|
| Purchases, Sales, Issuances and Settlements, Net |
0
|
0
|
(10)
|
0
|
| Other bond securities | CLO |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
0
|
6
|
0
|
6
|
| Sales |
0
|
0
|
0
|
0
|
| Issuances and Settlements |
0
|
0
|
0
|
(2)
|
| Purchases, Sales, Issuances and Settlements, Net |
0
|
6
|
0
|
4
|
| Other bond securities | ABS |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
10
|
38
|
50
|
76
|
| Sales |
0
|
0
|
(37)
|
(17)
|
| Issuances and Settlements |
(42)
|
(20)
|
(100)
|
(69)
|
| Purchases, Sales, Issuances and Settlements, Net |
(32)
|
18
|
(87)
|
(10)
|
| Equity securities |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
0
|
6
|
0
|
6
|
| Sales |
0
|
(6)
|
0
|
(6)
|
| Issuances and Settlements |
(6)
|
0
|
(6)
|
0
|
| Purchases, Sales, Issuances and Settlements, Net |
(6)
|
0
|
(6)
|
0
|
| Other invested assets |
|
|
|
|
| Assets: |
|
|
|
|
| Purchases |
15
|
30
|
22
|
160
|
| Sales |
0
|
0
|
0
|
0
|
| Issuances and Settlements |
(22)
|
(40)
|
(36)
|
(167)
|
| Purchases, Sales, Issuances and Settlements, Net |
$ (7)
|
$ (10)
|
$ (14)
|
$ (7)
|