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UNAUDITED INTERIM CONDENSED COMBINED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 2,084 $ 393
Investments 27,050 4,943
Accrued investment income 247 21
Reinsurance recoverables 28 0
Premiums due and other receivables 424 0
Reinsurance funds withheld 4,861 4,650
Derivative assets 24 146
Deferred tax asset 469 20
Property and equipment 180 2
Prepaid pension 138 0
Equity accounted investments 1,784 344
Deferred acquisition costs 1,111 776
Reinsurance assets 576 169
Investment properties 545 0
Other assets 263 29
Goodwill 176 0
Separate account assets 1,059 0
Total assets 41,019 11,493
Liabilities    
Future policy benefits 14,410 8,497
Policyholders' account balances 13,942 0
Policy and contract claims 1,734 0
Unearned premium reserve 1,089 0
Due to related parties 331 467
Reinsurance payable 76 75
Derivative liabilities 29 1
Other policyholder funds 321 0
Notes payable 159 0
Corporate borrowings 1,795 693
Subsidiary borrowings 1,495 0
Deferred revenue 79 82
Liabilities issued to reinsurance entities 216 167
Funds withheld liabilities 10 12
Preferred shares 2,459 0
Other liabilities 507 64
Separate account liabilities 1,059 0
Total liabilities 39,711 10,058
Equity    
Non-controlling interests 8 0
Total equity 1,308 1,435
Total liabilities and equity 41,019 11,493
Class A exchangeable and Class B shareholders    
Equity    
Equity 539 539
Class C    
Equity    
Equity $ 761 $ 896