XML 80 R66.htm IDEA: XBRL DOCUMENT v3.24.3
Contracts Accounted for as Insurance - BIG Transaction Loss Summary (Details)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2024
USD ($)
risk
Dec. 31, 2023
USD ($)
risk
Discount    
Total $ 76  
BIG    
Number of risks    
Total (in contracts) | risk 214 217
Principal    
Total $ 10,617 $ 5,383
BIG | BIG 1    
Number of risks    
Total (in contracts) | risk 102 95
Principal    
Total $ 7,456 $ 2,394
BIG | BIG 2    
Number of risks    
Total (in contracts) | risk 12 13
Principal    
Total $ 1,546 $ 979
BIG | BIG 3    
Number of risks    
Total (in contracts) | risk 100 109
Principal    
Total $ 1,615 $ 2,010
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Number of risks    
Total (in contracts) | risk 214 217
Remaining weighted average contract period    
Gross (in years) 17 years 9 years 10 months 24 days
Total (in years) 17 years 10 years
Principal    
Gross $ 10,631 $ 5,398
Total 10,617 5,383
Interest    
Gross 8,943 2,840
Total 8,940 2,836
Total net outstanding exposure    
Gross 19,574 8,238
Total 19,557 8,219
Expected cash outflows (inflows)    
Gross 5,755 1,948
Total 5,746 1,938
Potential recoveries    
Gross (5,763) (1,668)
Total (5,753) (1,659)
Subtotal    
Gross (8) 280
Total (7) 279
Discount    
Gross 76 (19)
Total 76 (19)
Expected losses to be paid (recovered)    
Gross 68 261
Net expected loss to be paid 69 260
Deferred premium revenue    
Gross 417 305
Total 417 305
Reserves (salvage)    
Gross (160) 73
Total $ (159) $ 72
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 1    
Number of risks    
Total (in contracts) | risk 102 95
Remaining weighted average contract period    
Gross (in years) 19 years 3 months 18 days 9 years 7 months 6 days
Principal    
Gross $ 7,463 $ 2,400
Interest    
Gross 7,131 1,126
Total net outstanding exposure    
Gross 14,594 3,526
Expected cash outflows (inflows)    
Gross 4,056 176
Potential recoveries    
Gross (4,272) (376)
Subtotal    
Gross (216) (200)
Discount    
Gross 39 56
Expected losses to be paid (recovered)    
Gross (177) (144)
Deferred premium revenue    
Gross 199 100
Reserves (salvage)    
Gross $ (256) $ (181)
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 2    
Number of risks    
Total (in contracts) | risk 12 13
Remaining weighted average contract period    
Gross (in years) 12 years 8 months 12 days 15 years 10 months 24 days
Principal    
Gross $ 1,546 $ 979
Interest    
Gross 1,214 896
Total net outstanding exposure    
Gross 2,760 1,875
Expected cash outflows (inflows)    
Gross 379 187
Potential recoveries    
Gross (346) (78)
Subtotal    
Gross 33 109
Discount    
Gross 51 (22)
Expected losses to be paid (recovered)    
Gross 84 87
Deferred premium revenue    
Gross 97 63
Reserves (salvage)    
Gross $ 28 $ 45
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 3    
Number of risks    
Total (in contracts) | risk 100 109
Remaining weighted average contract period    
Gross (in years) 7 years 1 month 6 days 7 years 6 months
Principal    
Gross $ 1,622 $ 2,019
Interest    
Gross 598 818
Total net outstanding exposure    
Gross 2,220 2,837
Expected cash outflows (inflows)    
Gross 1,320 1,585
Potential recoveries    
Gross (1,145) (1,214)
Subtotal    
Gross 175 371
Discount    
Gross (14) (53)
Expected losses to be paid (recovered)    
Gross 161 318
Deferred premium revenue    
Gross 121 142
Reserves (salvage)    
Gross $ 68 $ 209