v3.26.1
DEFERRED POLICY ACQUISITION COSTS, DEFERRED SALES INDUCEMENTS AND VALUE OF BUSINESS ACQUIRED - Schedule of Rollforward of Deferred Acquisition Costs and Value of Business Acquired (Details) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
DAC:    
Balance, beginning of period $ 2,436 $ 1,376
Additions 674 784
Amortization (274) (292)
Net change 400 492
Balance, end of period 2,836 1,868
DSI:    
Balance, beginning of period 1,114 393
Additions 259 348
Amortization (51) (19)
Net change 208 329
Balance, end of period 1,322 722
VOBA asset:    
Balance, beginning of period 8,133 8,927
Amortization (386) (391)
Net change (386) (391)
Balance, end of period 7,747 8,536
Total DAC, DSI and VOBA asset 11,905 11,126
Annuities    
DAC:    
Balance, beginning of period 1,893 886
Additions 412 511
Amortization (94) (47)
Net change 318 464
Balance, end of period 2,211 1,350
DSI:    
Balance, beginning of period 1,114 393
Additions 259 348
Amortization (51) (19)
Net change 208 329
Balance, end of period 1,322 722
VOBA asset:    
Balance, beginning of period 8,061 8,838
Amortization (380) (381)
Net change (380) (381)
Balance, end of period 7,681 8,457
Total DAC, DSI and VOBA asset 11,214 10,529
P&C    
DAC:    
Balance, beginning of period 166 184
Additions 236 228
Amortization (167) (229)
Net change 69 (1)
Balance, end of period 235 183
DSI:    
Balance, beginning of period 0 0
Additions 0 0
Amortization 0 0
Net change 0 0
Balance, end of period 0 0
VOBA asset:    
Balance, beginning of period 14 27
Amortization (4) (8)
Net change (4) (8)
Balance, end of period 10 19
Total DAC, DSI and VOBA asset 245 202
Life Insurance    
DAC:    
Balance, beginning of period 377 306
Additions 26 45
Amortization (13) (16)
Net change 13 29
Balance, end of period 390 335
DSI:    
Balance, beginning of period 0 0
Additions 0 0
Amortization 0 0
Net change 0 0
Balance, end of period 0 0
VOBA asset:    
Balance, beginning of period 58 62
Amortization (2) (2)
Net change (2) (2)
Balance, end of period 56 60
Total DAC, DSI and VOBA asset $ 446 $ 395