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ACQUISITION (Tables)

6 Months Ended

Jun. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Consideration Transferred, Fair Value of Assets Acquired and Liabilities Assumed

The following summarizes the consideration transferred, fair value of assets acquired and liabilities assumed as of the acquisition date:

						US$ MILLIONS
Fair value of consideration transferred:
Cash						$	2,525
BAM Shares transferred by the Company						1,111
Fair value of the Company’s pre-existing reinsurance agreement effectively settled						(541)
Fair value of the Company’s pre-existing interest in AEL						897
Total						$	3,992
Assets acquired:
Investments						$	42,960
Cash and cash equivalents						13,367
Accrued investment income						414
Value of business acquired						9,321
Reinsurance recoverables and deposit assets						6,851
Property and equipment						42
Intangible assets						1,540
Other assets						671
Total assets acquired						75,166
Liabilities assumed:
Future policy benefits						311
Policyholders’ account balances						61,473
Market risk benefits						3,023
Notes payable						768
Subsidiary borrowings						84
Funds withheld for reinsurance liabilities						3,371
Other liabilities						2,093
Total liabilities assumed						71,123
Less: Non-controlling interest						713
Net assets acquired						3,330
Goodwill						$	662

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- References

No definition available.

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- Definition

Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-1

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