v3.26.1
Investments - Components of net realized gains (losses) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Components of net realized capital gains (losses)        
Sales of fixed maturity securities $ (59) $ (518) $ (258) $ (674)
Index-Linked interest credited embedded derivatives, net of related hedges     1,160 893
Net realized losses (554) (1,975) (890) (3,389)
Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized losses (213) (1,694) (542) (2,516)
Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized losses (341) (281) (348) (873)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative        
Components of net realized capital gains (losses)        
Sales of fixed maturity securities (59) (518) (258) (674)
Intent to sell 0 (250) (60) (250)
Change in allowance for credit losses on fixed maturity securities (81) (45) (137) (73)
Foreign exchange transactions, net of related hedges (81) (448) 126 (556)
Index-Linked interest credited embedded derivatives, net of related hedges (154) (248) (195) (536)
All other derivatives and hedge accounting 188 (193) 22 (400)
Sales of alternative investments and real estate investments (4) (11) (4) (1)
Other (10) (30) (12) (53)
Net realized losses (238) (1,724) (588) (2,542)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Change in allowance for credit losses on loans        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (37) 19 (70) 1
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Sales of fixed maturity securities (59) (513) (245) (654)
Intent to sell 0 (250) (60) (250)
Change in allowance for credit losses on fixed maturity securities (80) (41) (136) (61)
Foreign exchange transactions, net of related hedges (80) (445) 120 (566)
Index-Linked interest credited embedded derivatives, net of related hedges (154) (248) (195) (536)
All other derivatives and hedge accounting 204 (172) 26 (416)
Sales of alternative investments and real estate investments (3) (9) 4 3
Other (11) (30) (4) (34)
Net realized losses (213) (1,694) (542) (2,516)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Excluding Fortitude Re Funds Withheld Assets | Change in allowance for credit losses on loans        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (30) 14 (52) (2)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Sales of fixed maturity securities 0 (5) (13) (20)
Intent to sell 0 0 0 0
Change in allowance for credit losses on fixed maturity securities (1) (4) (1) (12)
Foreign exchange transactions, net of related hedges (1) (3) 6 10
Index-Linked interest credited embedded derivatives, net of related hedges 0 0 0 0
All other derivatives and hedge accounting (16) (21) (4) 16
Sales of alternative investments and real estate investments (1) (2) (8) (4)
Other 1 0 (8) (19)
Net realized losses (25) (30) (46) (26)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude Re Funds Withheld Assets | Change in allowance for credit losses on loans        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (7) 5 (18) 3
Net realized losses on Fortitude Re funds withheld embedded derivatives        
Components of net realized capital gains (losses)        
Net realized losses (316) (251) (302) (847)
Net realized losses on Fortitude Re funds withheld embedded derivatives | Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized losses 0 0 0 0
Net realized losses on Fortitude Re funds withheld embedded derivatives | Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized losses $ (316) $ (251) $ (302) $ (847)