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Shareholders' Equity - Changes in AOCI by Component (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance     $ 5,064  
Other comprehensive income (loss) before reclassifications $ (120) $ (294) (74) $ (993)
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (9) (14) (20) (39)
Interest expense 24 20 67 60
Income (loss) before income taxes 202 (22) 466 49
Tax (provision) benefit (43) 27 (84) 6
Other comprehensive income (loss) (107) (282) (50) (952)
Ending balance 5,252   5,252  
Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (9) (14) (20) (48)
Fair value gains (losses) on FG VIEs       (2)
Interest expense     1  
Income (loss) before income taxes (15) (14) (27) (50)
Tax (provision) benefit 2 2 3 9
Total amount reclassified from AOCI, net of tax (13) (12) (24) (41)
Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs     (2)  
Reclassification out of Accumulated Other Comprehensive Income | Consolidated Investment Vehicles        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs (6)   (6)  
Total AOCI        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (458) (370) (515) 300
Less: Amounts reclassified from AOCI to:        
Ending balance (565) (652) (565) (652)
No Credit Impairment        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (284) (205) (343) 375
Other comprehensive income (loss) before reclassifications (115) (286) (54) (886)
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) (113) (277) (54) (857)
Ending balance (397) (482) (397) (482)
No Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (2) (11) 2 (35)
Fair value gains (losses) on FG VIEs       0
Interest expense     0  
Income (loss) before income taxes (2) (11) 2 (35)
Tax (provision) benefit 0 2 (2) 6
Total amount reclassified from AOCI, net of tax (2) (9) 0 (29)
No Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs     0  
No Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income | Consolidated Investment Vehicles        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs 0   0  
Credit Impairment        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (115) (107) (110) (24)
Other comprehensive income (loss) before reclassifications (14) (1) (31) (92)
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) (8) 2 (13) (81)
Ending balance (123) (105) (123) (105)
Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (7) (3) (22) (13)
Fair value gains (losses) on FG VIEs       0
Interest expense     0  
Income (loss) before income taxes (7) (3) (22) (13)
Tax (provision) benefit 1 0 4 2
Total amount reclassified from AOCI, net of tax (6) (3) (18) (11)
Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs     0  
Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income | Consolidated Investment Vehicles        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs 0   0  
ISCR on FG VIEs’ Liabilities with Recourse        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (22) (19) (23) (21)
Other comprehensive income (loss) before reclassifications 10 (3) 9 (2)
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) 10 (3) 11 (1)
Ending balance (12) (22) (12) (22)
ISCR on FG VIEs’ Liabilities with Recourse | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) 0 0 0 0
Fair value gains (losses) on FG VIEs       (2)
Interest expense     0  
Income (loss) before income taxes 0 0 (2) (2)
Tax (provision) benefit 0 0 0 1
Total amount reclassified from AOCI, net of tax 0 0 (2) (1)
ISCR on FG VIEs’ Liabilities with Recourse | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs     (2)  
ISCR on FG VIEs’ Liabilities with Recourse | Reclassification out of Accumulated Other Comprehensive Income | Consolidated Investment Vehicles        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs 0   0  
Cumulative Translation Adjustment        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (42) (45) (45) (36)
Other comprehensive income (loss) before reclassifications (1) (4) 2 (13)
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) 4 (4) 7 (13)
Ending balance (38) (49) (38) (49)
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) 0 0 0 0
Fair value gains (losses) on FG VIEs       0
Interest expense     0  
Income (loss) before income taxes (6) 0 (6) 0
Tax (provision) benefit 1 0 1 0
Total amount reclassified from AOCI, net of tax (5) 0 (5) 0
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs     0  
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income | Consolidated Investment Vehicles        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs (6)   (6)  
Cash Flow  Hedge        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance 5 6 6 6
Other comprehensive income (loss) before reclassifications 0 0 0 0
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) 0 0 (1) 0
Ending balance 5 6 5 6
Cash Flow  Hedge | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) 0 0 0 0
Fair value gains (losses) on FG VIEs       0
Interest expense     1  
Income (loss) before income taxes 0 0 1 0
Tax (provision) benefit 0 0 0 0
Total amount reclassified from AOCI, net of tax 0 $ 0 1 $ 0
Cash Flow  Hedge | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs     0  
Cash Flow  Hedge | Reclassification out of Accumulated Other Comprehensive Income | Consolidated Investment Vehicles        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs $ 0   $ 0