XML 73 R59.htm IDEA: XBRL DOCUMENT v3.25.1
Contracts Accounted for as Insurance - BIG Transaction Loss Summary (Details)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
risk
Dec. 31, 2024
USD ($)
risk
Discount    
Total $ (6)  
BIG    
Number of risks    
Total (in contracts) | risk 200 207
Principal    
Total $ 9,511 $ 10,150
BIG | BIG 1    
Number of risks    
Total (in contracts) | risk 91 98
Principal    
Total $ 7,052 $ 8,074
BIG | BIG 2    
Number of risks    
Total (in contracts) | risk 13 12
Principal    
Total $ 1,095 $ 702
BIG | BIG 3    
Number of risks    
Total (in contracts) | risk 96 97
Principal    
Total $ 1,364 $ 1,374
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Number of risks    
Total (in contracts) | risk 200 207
Remaining weighted average contract period    
Gross (in years) 16 years 6 months 16 years 7 months 6 days
Total (in years) 16 years 7 months 6 days 16 years 7 months 6 days
Principal    
Gross $ 9,525 $ 10,164
Total 9,511 10,150
Interest    
Gross 7,612 8,338
Total 7,610 8,335
Total net outstanding exposure    
Gross 17,137 18,502
Total 17,121 18,485
Expected cash outflows (inflows)    
Gross 5,877 5,665
Total 5,868 5,656
Potential recoveries    
Gross (5,739) (5,626)
Total (5,730) (5,616)
Subtotal    
Gross 138 39
Total 138 40
Discount    
Gross (6) 49
Total (6) 49
Expected losses to be paid (recovered)    
Gross 132 88
Net expected loss to be paid 132 89
Deferred premium revenue    
Gross 436 498
Total 436 498
Reserves (salvage)    
Gross (96) (129)
Total $ (95) $ (128)
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 1    
Number of risks    
Total (in contracts) | risk 91 98
Remaining weighted average contract period    
Gross (in years) 18 years 7 months 6 days 18 years 7 months 6 days
Principal    
Gross $ 7,058 $ 8,080
Interest    
Gross 6,443 7,546
Total net outstanding exposure    
Gross 13,501 15,626
Expected cash outflows (inflows)    
Gross 4,140 4,016
Potential recoveries    
Gross (4,306) (4,201)
Subtotal    
Gross (166) (185)
Discount    
Gross 11 43
Expected losses to be paid (recovered)    
Gross (155) (142)
Deferred premium revenue    
Gross 266 333
Reserves (salvage)    
Gross $ (241) $ (226)
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 2    
Number of risks    
Total (in contracts) | risk 13 12
Remaining weighted average contract period    
Gross (in years) 12 years 8 years 9 months 18 days
Principal    
Gross $ 1,095 $ 702
Interest    
Gross 769 371
Total net outstanding exposure    
Gross 1,864 1,073
Expected cash outflows (inflows)    
Gross 425 342
Potential recoveries    
Gross (304) (293)
Subtotal    
Gross 121 49
Discount    
Gross 0 29
Expected losses to be paid (recovered)    
Gross 121 78
Deferred premium revenue    
Gross 57 49
Reserves (salvage)    
Gross $ 68 $ 35
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 3    
Number of risks    
Total (in contracts) | risk 96 97
Remaining weighted average contract period    
Gross (in years) 5 years 10 months 24 days 6 years 1 month 6 days
Principal    
Gross $ 1,372 $ 1,382
Interest    
Gross 400 421
Total net outstanding exposure    
Gross 1,772 1,803
Expected cash outflows (inflows)    
Gross 1,312 1,307
Potential recoveries    
Gross (1,129) (1,132)
Subtotal    
Gross 183 175
Discount    
Gross (17) (23)
Expected losses to be paid (recovered)    
Gross 166 152
Deferred premium revenue    
Gross 113 116
Reserves (salvage)    
Gross $ 77 $ 62