Fair Value of Financial Instruments - Schedule of Significant Unobservable Inputs Used for Fair Value Measurements Classified as Level 3 (Details)
$ in Millions |
Jun. 30, 2026
USD ($)
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 45,264
|
$ 45,762
|
|
| Derivative assets |
36
|
39
|
|
| Other assets, at fair value |
287
|
349
|
|
| Reinsurance recoverable |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Other assets, at fair value |
89
|
98
|
$ 107
|
| Equity index options |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
15
|
18
|
|
| Forward bond purchase commitments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
7
|
6
|
|
| U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
26,355
|
27,046
|
|
| Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
7,018
|
7,191
|
|
| Utilities | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
4,551
|
4,515
|
|
| Utilities | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
585
|
637
|
|
| Energy | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
2,421
|
2,452
|
|
| Energy | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
918
|
944
|
|
| Finance and insurance | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
6,871
|
7,057
|
|
| Finance and insurance | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
1,689
|
1,719
|
|
| Consumer—non-cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
4,390
|
4,406
|
|
| Consumer—non-cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
531
|
557
|
|
| Technology and communications | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
2,480
|
2,749
|
|
| Technology and communications | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
721
|
689
|
|
| Industrial | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
867
|
954
|
|
| Industrial | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
735
|
761
|
|
| Capital goods | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
2,279
|
2,319
|
|
| Capital goods | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
700
|
692
|
|
| Consumer—cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
1,207
|
1,249
|
|
| Consumer—cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
217
|
250
|
|
| Transportation | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
1,052
|
1,075
|
|
| Transportation | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
490
|
485
|
|
| Other | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
237
|
270
|
|
| Other | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
432
|
457
|
|
| Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
3,243
|
3,071
|
|
| Derivative assets |
22
|
24
|
|
| Level 3 | Lapse Rate, Non-performance Risk and Equity Index Volatility | Reinsurance recoverable |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Other assets, at fair value |
89
|
|
|
| Level 3 | Equity index options |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
15
|
18
|
|
| Level 3 | Equity index options | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
$ 15
|
|
|
| Level 3 | Equity index options | Minimum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.13
|
|
|
| Level 3 | Equity index options | Maximum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.29
|
|
|
| Level 3 | Equity index options | Weighted Average | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.19
|
|
|
| Level 3 | Forward bond purchase commitments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
$ 7
|
6
|
|
| Level 3 | Forward bond purchase commitments | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative assets |
$ 7
|
|
|
| Level 3 | Forward bond purchase commitments | Minimum | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.0017
|
|
|
| Level 3 | Forward bond purchase commitments | Maximum | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.0043
|
|
|
| Level 3 | Forward bond purchase commitments | Weighted Average | Counterparty financing spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Derivative asset, measurement input |
0.0024
|
|
|
| Level 3 | Reinsurance recoverable | Minimum | Lapse rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.02
|
|
|
| Level 3 | Reinsurance recoverable | Minimum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.17
|
|
|
| Level 3 | Reinsurance recoverable | Minimum | Non-performance risk (credit spreads) |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.0042
|
|
|
| Level 3 | Reinsurance recoverable | Maximum | Lapse rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.09
|
|
|
| Level 3 | Reinsurance recoverable | Maximum | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.27
|
|
|
| Level 3 | Reinsurance recoverable | Maximum | Non-performance risk (credit spreads) |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.0083
|
|
|
| Level 3 | Reinsurance recoverable | Weighted Average | Lapse rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.05
|
|
|
| Level 3 | Reinsurance recoverable | Weighted Average | Equity index volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.23
|
|
|
| Level 3 | Reinsurance recoverable | Weighted Average | Non-performance risk (credit spreads) |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Net market risk benefit, measurement input |
0.0069
|
|
|
| Level 3 | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 1,995
|
1,957
|
|
| Level 3 | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 1,865
|
|
|
| Level 3 | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0014
|
|
|
| Level 3 | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0209
|
|
|
| Level 3 | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0121
|
|
|
| Level 3 | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 749
|
749
|
|
| Level 3 | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 707
|
|
|
| Level 3 | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0053
|
|
|
| Level 3 | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0186
|
|
|
| Level 3 | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0107
|
|
|
| Level 3 | Utilities | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 1,048
|
1,004
|
|
| Level 3 | Utilities | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 1,002
|
|
|
| Level 3 | Utilities | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0053
|
|
|
| Level 3 | Utilities | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0202
|
|
|
| Level 3 | Utilities | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0118
|
|
|
| Level 3 | Utilities | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 215
|
237
|
|
| Level 3 | Utilities | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 214
|
|
|
| Level 3 | Utilities | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0074
|
|
|
| Level 3 | Utilities | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0186
|
|
|
| Level 3 | Utilities | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0103
|
|
|
| Level 3 | Energy | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 64
|
21
|
|
| Level 3 | Energy | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 50
|
|
|
| Level 3 | Energy | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0117
|
|
|
| Level 3 | Energy | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0209
|
|
|
| Level 3 | Energy | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0179
|
|
|
| Level 3 | Energy | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 99
|
107
|
|
| Level 3 | Energy | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 86
|
|
|
| Level 3 | Energy | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0081
|
|
|
| Level 3 | Energy | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0147
|
|
|
| Level 3 | Energy | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0101
|
|
|
| Level 3 | Finance and insurance | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 610
|
619
|
|
| Level 3 | Finance and insurance | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 589
|
|
|
| Level 3 | Finance and insurance | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0014
|
|
|
| Level 3 | Finance and insurance | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0195
|
|
|
| Level 3 | Finance and insurance | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0126
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 22
|
22
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 22
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0098
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0124
|
|
|
| Level 3 | Finance and insurance | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0108
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 34
|
35
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 34
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0064
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0209
|
|
|
| Level 3 | Consumer—non-cyclical | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0110
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 17
|
16
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 14
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0081
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0133
|
|
|
| Level 3 | Consumer—non-cyclical | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0094
|
|
|
| Level 3 | Technology and communications | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 19
|
18
|
|
| Level 3 | Technology and communications | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 19
|
|
|
| Level 3 | Technology and communications | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0071
|
|
|
| Level 3 | Technology and communications | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0174
|
|
|
| Level 3 | Technology and communications | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0118
|
|
|
| Level 3 | Technology and communications | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 20
|
9
|
|
| Level 3 | Technology and communications | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 20
|
|
|
| Fixed maturity securities, measurement input |
0.0088
|
|
|
| Level 3 | Industrial | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 17
|
16
|
|
| Level 3 | Industrial | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 17
|
|
|
| Level 3 | Industrial | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0071
|
|
|
| Level 3 | Industrial | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0153
|
|
|
| Level 3 | Industrial | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0098
|
|
|
| Level 3 | Industrial | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 114
|
116
|
|
| Level 3 | Industrial | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 114
|
|
|
| Level 3 | Industrial | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0081
|
|
|
| Level 3 | Industrial | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0169
|
|
|
| Level 3 | Industrial | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0112
|
|
|
| Level 3 | Capital goods | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 36
|
37
|
|
| Level 3 | Capital goods | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 36
|
|
|
| Level 3 | Capital goods | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0117
|
|
|
| Level 3 | Capital goods | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0134
|
|
|
| Level 3 | Capital goods | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0123
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 79
|
64
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 72
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0110
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0169
|
|
|
| Level 3 | Capital goods | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0131
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 41
|
55
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 39
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0098
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0130
|
|
|
| Level 3 | Consumer—cyclical | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0122
|
|
|
| Level 3 | Consumer—cyclical | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 26
|
24
|
|
| Level 3 | Consumer—cyclical | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 22
|
|
|
| Fixed maturity securities, measurement input |
0.0110
|
|
|
| Level 3 | Transportation | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 12
|
27
|
|
| Level 3 | Transportation | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 12
|
|
|
| Level 3 | Transportation | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0047
|
|
|
| Level 3 | Transportation | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0141
|
|
|
| Level 3 | Transportation | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0116
|
|
|
| Level 3 | Transportation | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 88
|
79
|
|
| Level 3 | Transportation | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 87
|
|
|
| Level 3 | Transportation | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0081
|
|
|
| Level 3 | Transportation | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0153
|
|
|
| Level 3 | Transportation | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0112
|
|
|
| Level 3 | Other | U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 114
|
125
|
|
| Level 3 | Other | U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 67
|
|
|
| Level 3 | Other | U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0076
|
|
|
| Level 3 | Other | U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0156
|
|
|
| Level 3 | Other | U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0098
|
|
|
| Level 3 | Other | Non-U.S. corporate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 69
|
$ 75
|
|
| Level 3 | Other | Non-U.S. corporate | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fair value |
$ 56
|
|
|
| Level 3 | Other | Non-U.S. corporate | Minimum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0053
|
|
|
| Level 3 | Other | Non-U.S. corporate | Maximum | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0117
|
|
|
| Level 3 | Other | Non-U.S. corporate | Weighted Average | Credit spreads |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |
|
|
|
| Fixed maturity securities, measurement input |
0.0099
|
|
|