v3.26.3
REINSURANCE - Effect of Reinsurance on Premiums and Benefits and Claims (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Reinsurance Disclosures [Abstract]        
Earned premiums, direct $ 3,421 $ 3,413 $ 10,206 $ 10,371
Earned premiums, ceded (140) (92) (411) (271)
Earned premiums, assumed 23 51 71 123
Net earned premiums [1] 3,304 3,372 9,866 10,223
Benefits and claims, excluding reserve remeasurement, direct 1,978 2,051 5,950 6,179
Benefits and claims, excluding reserve remeasurement, ceded (99) (57) (287) (177)
Benefits and claims, excluding reserve remeasurement, assumed 13 22 41 47
Benefits and claims, excluding reserve remeasurement 1,892 2,016 5,704 6,049
Reserve remeasurement (gains) losses, direct (450) (570) (574) (648)
Reserve remeasurement (gains) losses, ceded (3) (10) (6) (10)
Reserve remeasurement (gains) losses, assumed 0 0 (1) 0
Reserve remeasurement (gains) losses (453) (580) (581) (658)
Total benefits and claims, net $ 1,439 $ 1,436 $ 5,123 $ 5,391
[1] Includes a gain (loss) of $52 and $(55) for the three-month periods and $52 and $(55) for the nine-month periods ended September 30, 2026 and 2025, respectively, related to remeasurement of the deferred profit liability for limited-payment contracts.