XML 28 R18.htm IDEA: XBRL DOCUMENT v3.25.2
NET INVESTMENT INCOME AND INVESTMENT RELATED GAINS (LOSSES)
 6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
NET INVESTMENT INCOME AND INVESTMENT RELATED GAINS (LOSSES) NET INVESTMENT INCOME AND INVESTMENT RELATED GAINS (LOSSES)
Net investment income is shown below:
FOR THE PERIODS ENDED JUN. 30
US$ MILLIONS
Three Months EndedSix Months Ended
2025202420252024
Available-for-sale fixed maturity securities$695 $552 $1,443 $865 
Equity securities18 21 36 32 
Mortgage loans204 172 422 255 
Private loans124 33 240 64 
Investment real estate23 38 24 43 
Real estate partnerships3 (6)42 (12)
Investment funds214 144 343 187 
Policy loans6 6 12 12 
Short-term investments91 61 187 112 
Other invested assets92 97 134 134 
Total net investment income$1,470 $1,118 $2,883 $1,692 
Net unrealized and realized investment gains (losses) are shown below:
FOR THE PERIODS ENDED JUNE. 30
US$ MILLIONS		Three Months EndedSix Months Ended
2025202420252024
Available-for-sale fixed maturity securities$72 $(30)$93 $(18)
Equity securities470 28 288 48 
Mortgage loans(13)(3)(5)(11)
Private loans21 1 32 5 
Investment real estate7 — (1)(17)
Real estate partnerships— — 5 — 
Investment funds(6)13 (6)13 
Short-term investments and other invested assets
(223)(123)(181)(90)
Total investment related gains (losses)$328 $(114)$225 $(70)