v3.26.3
Fair Value Measurements - Changes in level 3 recurring fair value measurements, liabilities (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value Beginning of Year $ 16,919 $ 13,019 $ 15,042 $ 10,618  
Net Realized and Unrealized (Gains) Losses Included in Income (1,595) 1,473 37 3,456  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net (1) 211 244 579  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 1 0 51  
Fair Value End of Period 15,323 14,704 15,323 14,704  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period 2,702 (229) 3,585 (202)  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 $ 0  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Aggregate carrying amount in the consolidated balance sheets 7,223   $ 7,223   $ 7,309
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]     Total net realized gains (losses) Total net realized gains (losses)  
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]     Total net realized gains (losses) Total net realized gains (losses)  
Level 3          
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Aggregate carrying amount in the consolidated balance sheets 7,200 7,000 $ 7,200 $ 7,000  
Policyholder contract deposits          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value Beginning of Year 13,424 10,704 12,022 9,415  
Net Realized and Unrealized (Gains) Losses Included in Income (788) 948 372 1,841  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net (87) 153 155 549  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 0 0 0  
Fair Value End of Period 12,549 11,805 12,549 11,805  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period 1,849 (170) 2,748 86  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 0  
Derivative liabilities, net          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Net Realized and Unrealized (Gains) Losses Included in Income 225 (145) 395 98  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Fair Value Beginning of Period (476) (737) (775) (1,020)  
Net Realized and Unrealized (Gains) Losses Included in Income 225 (145) 395 98  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net 37 94 166 134  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 0 0 0  
Fair Value End of Period (214) (788) (214) (788)  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period (81) 207 (154) 221  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 0  
Interest rate contracts          
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Fair Value Beginning of Period (12) (225) 0 (364)  
Net Realized and Unrealized (Gains) Losses Included in Income 96 15 84 105  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net 15 210 15 259  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 0 0 0  
Fair Value End of Period 99 0 99 0  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period (98) (61) (85) 0  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 0  
Equity contracts          
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Fair Value Beginning of Period (454) (499) (765) (645)  
Net Realized and Unrealized (Gains) Losses Included in Income 174 (145) 389 42  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net 5 (131) 101 (172)  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 0 0 0  
Fair Value End of Period (275) (775) (275) (775)  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period (26) 253 (147) 173  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 0  
Credit contracts          
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Fair Value Beginning of Period (4)   0    
Net Realized and Unrealized (Gains) Losses Included in Income 23   19    
Other Comprehensive (Income) Loss 0   0    
Purchases, Sales, Issuances and Settlements, Net 0   0    
Gross Transfers In 0   0    
Gross Transfers Out 0   0    
Other 0   0    
Fair Value End of Period (19)   (19)    
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period 22   19    
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0   0    
Other contracts          
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]          
Fair Value Beginning of Period (14) (13) (10) (11)  
Net Realized and Unrealized (Gains) Losses Included in Income (22) (15) (59) (49)  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net 17 15 50 47  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 0 0 0  
Fair Value End of Period (19) (13) (19) (13)  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period 21 15 59 48  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 0  
Fortitude Re funds withheld payable          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value Beginning of Year 3,971 3,052 3,795 2,223  
Net Realized and Unrealized (Gains) Losses Included in Income (1,032) 670 (730) 1,517  
Other Comprehensive (Income) Loss 0 0 0 0  
Purchases, Sales, Issuances and Settlements, Net 49 (36) (77) (104)  
Gross Transfers In 0 0 0 0  
Gross Transfers Out 0 0 0 0  
Other 0 1 0 51  
Fair Value End of Period 2,988 3,687 2,988 3,687  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period 934 (266) 991 (509)  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period 0 0 0 0  
Debt of consolidated investment entities          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Fair Value Beginning of Year   0   0  
Net Realized and Unrealized (Gains) Losses Included in Income   0   0  
Other Comprehensive (Income) Loss   0   0  
Purchases, Sales, Issuances and Settlements, Net   0   0  
Gross Transfers In   0   0  
Gross Transfers Out   0   0  
Other   0   0  
Fair Value End of Period   0   0  
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period   0   0  
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period   0   0  
Market risk benefit liabilities, net          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Net Realized and Unrealized (Gains) Losses Included in Income $ (15) $ 57 $ 527 $ 105