Future Policy Benefits - Disaggregate Rollforwards (Details) - USD ($) $ in Millions |
6 Months Ended |
|
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
| Net liability for FPBs |
$ 206,150
|
|
$ 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) |
(4)
|
(39)
|
|
| Adjusted balance |
(4)
|
(39)
|
|
| Issuances |
2,169
|
2,769
|
|
| Net premiums collected |
(2,165)
|
(2,730)
|
|
| 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) |
(30)
|
(100)
|
|
| Adjusted balance |
81,468
|
69,543
|
|
| Issuances |
2,187
|
2,797
|
|
| Interest accrual |
1,943
|
1,676
|
|
| Benefit payments |
(3,851)
|
(3,288)
|
|
| Effect of foreign currency translation |
(19)
|
27
|
|
| Ending balance at original discount rate |
81,728
|
70,755
|
|
| Effect of changes in discount rate assumptions |
(2,434)
|
(2,280)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
(1)
|
0
|
|
| Balance, end of period, at current discount rate at balance sheet date |
79,293
|
68,475
|
|
| Cumulative amount of fair value hedging adjustments |
(357)
|
(282)
|
|
| Net liability for FPBs |
78,936
|
68,193
|
79,523
|
| Less: Reinsurance recoverables (Amount due to reinsurer) |
12,104
|
2,207
|
|
| Net liability for FPBs, net of reinsurance |
66,832
|
65,986
|
|
| Undiscounted - Expected future benefit payments |
146,583
|
128,551
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 79,293
|
$ 68,475
|
79,842
|
| Weighted-average duration of the liability |
8 years
|
8 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
4.90%
|
4.90%
|
|
| Weighted-average current discount rate at balance sheet date |
5.60%
|
5.50%
|
|
| Deferred Profit Liability Offset to Actual Versus Expected |
|
$ 46
|
|
| 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) |
(32)
|
(44)
|
|
| Adjusted balance |
4,305
|
4,242
|
|
| Issuances |
346
|
290
|
|
| Interest accrual |
46
|
39
|
|
| Net premiums collected |
(332)
|
(313)
|
|
| Effect of foreign currency translation |
(148)
|
340
|
|
| Ending balance at original discount rate |
4,217
|
4,598
|
|
| Effect of changes in discount rate assumptions |
(528)
|
(332)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
17
|
(25)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
3,706
|
4,241
|
|
| 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) |
(12)
|
(43)
|
|
| Adjusted balance |
15,346
|
15,209
|
|
| Issuances |
346
|
290
|
|
| Interest accrual |
195
|
188
|
|
| Benefit payments |
(504)
|
(482)
|
|
| Effect of foreign currency translation |
(637)
|
1,286
|
|
| Ending balance at original discount rate |
14,746
|
16,491
|
|
| Effect of changes in discount rate assumptions |
(2,510)
|
(433)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
32
|
27
|
|
| Balance, end of period, at current discount rate at balance sheet date |
12,268
|
16,085
|
|
| Cumulative impact of flooring the future policyholder benefits reserve |
3
|
0
|
|
| Net liability for FPBs |
8,565
|
11,844
|
10,140
|
| Less: Reinsurance recoverables (Amount due to reinsurer) |
(2)
|
(2)
|
|
| Net liability for FPBs, net of reinsurance |
8,567
|
11,846
|
|
| Undiscounted - Expected future gross premiums |
9,042
|
9,474
|
|
| Undiscounted - Expected future benefit payments |
25,791
|
27,843
|
|
| Discounted - Expected future gross premiums (at current discount rate at balance sheet date) |
7,096
|
7,837
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 12,268
|
$ 16,085
|
14,050
|
| Weighted-average duration of the liability |
15 years
|
17 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
2.80%
|
2.60%
|
|
| Weighted-average current discount rate at balance sheet date |
4.50%
|
3.00%
|
|
| 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) |
(73)
|
(200)
|
|
| Adjusted balance |
18,170
|
18,620
|
|
| Issuances |
429
|
636
|
|
| Interest accrual |
106
|
113
|
|
| Net premiums collected |
(864)
|
(939)
|
|
| Effect of foreign currency translation |
(677)
|
1,836
|
|
| Ending balance at original discount rate |
17,164
|
20,266
|
|
| Effect of changes in discount rate assumptions |
(3,453)
|
(2,204)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
117
|
(161)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
13,828
|
17,901
|
|
| 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) |
(77)
|
(208)
|
|
| Adjusted balance |
32,865
|
32,630
|
|
| Issuances |
429
|
635
|
|
| Interest accrual |
229
|
239
|
|
| Benefit payments |
(636)
|
(647)
|
|
| Effect of foreign currency translation |
(1,282)
|
3,064
|
|
| Ending balance at original discount rate |
31,605
|
35,921
|
|
| Effect of changes in discount rate assumptions |
(11,531)
|
(8,209)
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
395
|
(572)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
20,469
|
27,140
|
|
| Cumulative impact of flooring the future policyholder benefits reserve |
181
|
156
|
|
| Net liability for FPBs |
6,822
|
9,395
|
7,913
|
| Less: Reinsurance recoverables (Amount due to reinsurer) |
96
|
132
|
|
| Net liability for FPBs, net of reinsurance |
6,726
|
9,263
|
|
| Undiscounted - Expected future gross premiums |
34,799
|
40,090
|
|
| Undiscounted - Expected future benefit payments |
41,866
|
47,275
|
|
| Discounted - Expected future gross premiums (at current discount rate at balance sheet date) |
24,022
|
30,717
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 20,469
|
$ 27,140
|
23,153
|
| Weighted-average duration of the liability |
17 years
|
21 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
1.70%
|
1.70%
|
|
| Weighted-average current discount rate at balance sheet date |
4.50%
|
3.20%
|
|
| 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 |
879
|
740
|
|
| Interest accrual |
2
|
2
|
|
| Net premiums collected |
(881)
|
(742)
|
|
| 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) |
4
|
(1)
|
|
| Adjusted balance |
11,592
|
9,132
|
|
| Issuances |
894
|
778
|
|
| Interest accrual |
214
|
181
|
|
| Benefit payments |
(483)
|
(389)
|
|
| Effect of foreign currency translation |
(270)
|
621
|
|
| Inflation adjustment |
328
|
216
|
|
| Ending balance at original discount rate |
12,275
|
10,539
|
|
| Effect of changes in discount rate assumptions |
335
|
397
|
|
| Effect of foreign currency translation on the effect of changes in discount rate assumptions |
(2)
|
28
|
|
| Balance, end of period, at current discount rate at balance sheet date |
12,608
|
10,964
|
|
| Net liability for FPBs |
12,608
|
10,964
|
12,336
|
| Undiscounted - Expected future benefit payments |
18,052
|
15,671
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 12,608
|
$ 10,964
|
12,336
|
| Weighted-average duration of the liability |
10 years
|
10 years
|
|
| Weighted-average interest accretion (original locked-in) rate |
3.60%
|
3.70%
|
|
| Weighted-average current discount rate at balance sheet date |
3.20%
|
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) |
57
|
(3)
|
|
| Adjusted balance |
5,572
|
5,565
|
|
| Interest accrual |
141
|
141
|
|
| Net premiums collected |
(288)
|
(280)
|
|
| Ending balance at original discount rate |
5,425
|
5,426
|
|
| Effect of changes in discount rate assumptions |
(42)
|
(6)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
5,383
|
5,420
|
|
| 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) |
107
|
26
|
|
| Adjusted balance |
21,597
|
21,050
|
|
| Interest accrual |
566
|
553
|
|
| Benefit payments |
(498)
|
(452)
|
|
| Ending balance at original discount rate |
21,665
|
21,151
|
|
| Effect of changes in discount rate assumptions |
(937)
|
(928)
|
|
| Balance, end of period, at current discount rate at balance sheet date |
20,728
|
20,223
|
|
| Net liability for FPBs |
15,345
|
14,803
|
15,224
|
| Undiscounted - Expected future gross premiums |
10,075
|
10,269
|
|
| Undiscounted - Expected future benefit payments |
44,361
|
44,566
|
|
| Discounted - Expected future gross premiums (at current discount rate at balance sheet date) |
6,745
|
6,870
|
|
| Discounted - Expected future benefit payments (at current discount rate at balance sheet date) |
$ 20,728
|
$ 20,223
|
$ 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 |
5.80%
|
5.80%
|
|