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v3.24.3

Investments - Gross Unrealized Loss by Length of Time (Details) $ in Millions | Sep. 30, 2024 USD ($) security | Dec. 31, 2023 USD ($) security
--- | --- | ---
Less than 12 months |  |
Fair Value | $ 343 | $ 766
Gross Unrealized Loss | $ (1) | $ (7)
Number of securities | security | 103 | 274
12 months or more |  |
Fair Value | $ 2,625 | $ 3,162
Gross Unrealized Loss | $ (203) | $ (281)
Number of securities | security | 1,105 | 1,266
Total |  |
Fair Value | $ 2,968 | $ 3,928
Gross Unrealized Loss | $ (204) | $ (288)
Number of securities | security | 1,203 | 1,525
Obligations of state and political subdivisions |  |
Less than 12 months |  |
Fair Value | $ 177 | $ 641
Gross Unrealized Loss | 0 | (4)
12 months or more |  |
Fair Value | 1,032 | 931
Gross Unrealized Loss | (71) | (87)
Total |  |
Fair Value | 1,209 | 1,572
Gross Unrealized Loss | (71) | (91)
U.S. government and agencies |  |
Less than 12 months |  |
Fair Value | 0 | 0
Gross Unrealized Loss | 0 | 0
12 months or more |  |
Fair Value | 31 | 33
Gross Unrealized Loss | (5) | (6)
Total |  |
Fair Value | 31 | 33
Gross Unrealized Loss | (5) | (6)
Corporate securities |  |
Less than 12 months |  |
Fair Value | 68 | 72
Gross Unrealized Loss | 0 | (1)
12 months or more |  |
Fair Value | 1,117 | 1,426
Gross Unrealized Loss | (107) | (152)
Total |  |
Fair Value | 1,185 | 1,498
Gross Unrealized Loss | (107) | (153)
RMBS |  |
Less than 12 months |  |
Fair Value | 19 | 27
Gross Unrealized Loss | 0 | (1)
12 months or more |  |
Fair Value | 138 | 124
Gross Unrealized Loss | (7) | (8)
Total |  |
Fair Value | 157 | 151
Gross Unrealized Loss | (7) | (9)
CMBS |  |
Less than 12 months |  |
Fair Value | 0 | 3
Gross Unrealized Loss | 0 | 0
12 months or more |  |
Fair Value | 105 | 148
Gross Unrealized Loss | (3) | (6)
Total |  |
Fair Value | 105 | 151
Gross Unrealized Loss | (3) | (6)
CLOs |  |
Less than 12 months |  |
Fair Value | 59 | 22
Gross Unrealized Loss | (1) | (1)
12 months or more |  |
Fair Value | 150 | 379
Gross Unrealized Loss | (1) | (6)
Total |  |
Fair Value | 209 | 401
Gross Unrealized Loss | (2) | (7)
Other |  |
Less than 12 months |  |
Fair Value | 0 | 1
Gross Unrealized Loss | 0 | 0
12 months or more |  |
Fair Value | 19 | 26
Gross Unrealized Loss | 0 | (1)
Total |  |
Fair Value | 19 | 27
Gross Unrealized Loss | 0 | (1)
Non-U.S. government securities |  |
Less than 12 months |  |
Fair Value | 20 | 0
Gross Unrealized Loss | 0 | 0
12 months or more |  |
Fair Value | 33 | 95
Gross Unrealized Loss | (9) | (15)
Total |  |
Fair Value | 53 | 95
Gross Unrealized Loss | $ (9) | $ (15)

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- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in continuous unrealized loss position for more than 12 months, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-7 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479106/326-30-50-5 + Details
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