v3.26.3
Investments - Components of Net Realized Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Components of net realized capital gains (losses)        
Net realized gains (losses) $ (110) $ (490) $ (510) $ (851)
Aggregate fair value of available for sale securities sold 3,300 2,500 9,800 9,900
Gross realized gains 18 15 56 45
Gross realized losses 249 117 480 560
Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) (167) (431) (507) (683)
Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) 57 (59) (3) (168)
Excluding modified coinsurance and funds withheld embedded derivative        
Components of net realized capital gains (losses)        
Sales and impairments of fixed maturity securities (231) (102) (424) (515)
Change in allowance for credit losses on fixed maturity securities 11 2 13 (5)
Foreign exchange transactions (12) (11) (41) 201
Derivatives and hedge accounting 23 (9) 7 (157)
Sales of alternative investments (11) (2) (27) 1
Other 35 (263) (105) (275)
Net realized gains (losses) (195) (436) (554) (742)
Excluding modified coinsurance and funds withheld embedded derivative | Loans Receivable        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (10) (51) 23 8
Excluding modified coinsurance and funds withheld embedded derivative | Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Sales and impairments of fixed maturity securities (202) (96) (376) (453)
Change in allowance for credit losses on fixed maturity securities 11 2 12 (5)
Foreign exchange transactions (12) (10) (39) 183
Derivatives and hedge accounting 22 (11) 4 (137)
Sales of alternative investments (11) (2) (27) 1
Other 35 (262) (103) (270)
Net realized gains (losses) (167) (431) (507) (683)
Excluding modified coinsurance and funds withheld embedded derivative | Excluding Fortitude Re Funds Withheld Assets | Loans Receivable        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (10) (52) 22 (2)
Excluding modified coinsurance and funds withheld embedded derivative | Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Sales and impairments of fixed maturity securities (29) (6) (48) (62)
Change in allowance for credit losses on fixed maturity securities 0 0 1 0
Foreign exchange transactions 0 (1) (2) 18
Derivatives and hedge accounting 1 2 3 (20)
Sales of alternative investments 0 0 0 0
Other 0 (1) (2) (5)
Net realized gains (losses) (28) (5) (47) (59)
Excluding modified coinsurance and funds withheld embedded derivative | Fortitude Re Funds Withheld Assets | Loans Receivable        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans 0 1 1 10
Fortitude Re funds withheld embedded derivative        
Components of net realized capital gains (losses)        
Net realized gains (losses) 85 (54) 44 (109)
Fortitude Re funds withheld embedded derivative | Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) 0 0 0 0
Fortitude Re funds withheld embedded derivative | Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) $ 85 $ (54) $ 44 $ (109)