v3.26.1
ACQUISITION (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Consideration Transferred, Fair Value of Assets Acquired and Liabilities Assumed
The following summarizes the consideration transferred, the fair value of assets acquired and liabilities assumed as of the acquisition date:
US$ MILLIONS
Cash consideration transferred$2,757 
Fair value of the Company’s interest in Just previously held(1)
298 
Share-based compensation settlement8 
Effective settlement of a pre-existing relationship(1,277)
Total$1,786 
Assets acquired:
Investments$41,513 
Cash and cash equivalents2,715 
Accrued investment income440 
Premiums due and other receivables87 
Deferred tax asset54 
Property and equipment50 
Intangible assets(2)
24 
Other assets131 
Total assets acquired45,014 
Liabilities assumed:
Future policy benefits36,750 
Policyholders’ account balances65 
Non-recourse borrowings1,271 
Derivative liabilities557 
Payables under repurchase agreements4,861 
Other liabilities339 
Total liabilities assumed43,843 
Net assets acquired1,171 
Goodwill$615 
__________________________
(1)No gain or loss was recognized as a result of remeasuring to fair value our equity interest in Just immediately before the business combination.
(2)The useful life of intangible assets is approximately 3 years.