v3.26.1
LIABILITY FOR UNPAID CLAIMS AND CLAIM ADJUSTMENT EXPENSES - Schedule of Information on Liability for Unpaid Claims (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]        
Policy and contract claims, beginning $ 7,277 $ 7,659    
Less: Unpaid claims balance, beginning – long-duration 300 219    
Gross unpaid claims balance, beginning – short-duration 6,977 7,440    
Less: Reinsurance recoverables, beginning 2,742 3,083    
Less: Foreign currency translation 2 1 $ 2 $ 1
Net balance, beginning – short-duration 4,233 4,356    
Add: incurred related to        
Current accident year 701 896    
Prior accident years 3 20    
Total incurred claims 704 916    
Less: paid claims related to        
Current accident year 170 296    
Prior accident years 639 655    
Total paid claims 809 951    
Net unpaid claims balance, ending – short-duration 4,128 4,321    
Add: Reinsurance recoverables, ending 2,557 2,945    
Gross unpaid claims balance, ending – short-duration 6,687 7,267    
Add: Unpaid claims balance, ending – long-duration 200 253    
Policy and contract claims, ending $ 6,887 $ 7,520