v3.26.1
Investments - Schedule of Net Investment Gains (Losses) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Available-for-sale fixed maturity securities:        
Realized gains $ 29 $ 7 $ 35 $ 11
Realized losses (34) (25) (61) (33)
Net realized gains (losses) on available-for-sale fixed maturity securities (5) (18) (26) (22)
Net realized gains (losses) on equity securities sold 0 4 0 5
Total net realized investment gains (losses) (5) (14) (26) (17)
Net change in allowance for credit losses on available-for-sale fixed maturity securities 1 (11) 1 (15)
Write-down of available-for-sale fixed maturity securities 0 (4) 0 (4)
Net unrealized gains (losses) on equity securities still held 59 32 40 18
Net unrealized gains (losses) on limited partnerships (21) 25 (18) 63
Commercial mortgage loans 1 (20) 2 (17)
Derivative instruments 3 (36) 14 (30)
Other (1) 0 (2) 1
Net investment gains (losses) $ 37 $ (28) $ 11 $ (1)