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Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($) $ in Millions | Dec. 31, 2023 | Jan. 01, 2023 | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | --- | --- | ---
Deferred tax assets: |  |  |  |
Unearned premium reserves, net | $ 11 |  | $ 26 |
Net unrealized investment losses | 49 |  | 70 |
Intangible assets | 149 |  | 0 |
Value of in-force business | 45 |  | 0 |
Rent | 15 |  | 18 |
Investments | 0 |  | 4 |
Net operating loss | 30 |  | 37 |
Depreciation | 45 |  | 30 |
Deferred compensation | 32 |  | 30 |
Other | 6 |  | 28 |
Total deferred tax assets | 382 |  | 243 |
Deferred tax liabilities: |  |  |  |
Investments | 65 |  | 0 |
DAC | 12 |  | 15 |
Loss and LAE reserve | 13 |  | 74 |
Lease | 13 |  | 14 |
Other | 29 |  | 21 |
Total deferred tax liabilities | 132 |  | 124 |
Less: Valuation allowance | 0 | $ 2 | 5 | $ 24
Net deferred tax assets (liabilities) | $ 250 |  | $ 114 |

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