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Investments - Net Investment Income and Equity in Earnings of Investees (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net Investment Income        
Gross investment income $ 82 $ 90 $ 167 $ 172
Investment expenses (1) (1) (2) (2)
Net investment income 81 89 165 170
Fair value gains (losses) on trading securities 17 40 43 38
Equity in Earnings (Losses) of Investees 5 5 29 7
Fair value gains (losses) on trading securities still held 14 40 31 38
Externally managed        
Net Investment Income        
Gross investment income 51 53 102 105
Loss Mitigation Securities        
Net Investment Income        
Gross investment income 7 12 14 22
Puerto Rico, New Recovery Bonds        
Net Investment Income        
Gross investment income 0 1 0 4
Other        
Net Investment Income        
Gross investment income 2 4 6 7
Short-term investments        
Net Investment Income        
Gross investment income 22 18 45 32
Other        
Net Investment Income        
Gross investment income 0 2 0 2
Sound Point        
Net Investment Income        
Equity in Earnings (Losses) of Investees (3) 0 1 0
Funds        
Net Investment Income        
Equity in Earnings (Losses) of Investees 5 0 19 0
Equity method investments        
Net Investment Income        
Equity in Earnings (Losses) of Investees $ 3 $ 5 $ 9 $ 7