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Reinsurance (Tables) | 12 Months Ended
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Dec. 31, 2023
Reinsurance Disclosures [Abstract] |
Schedule of effect of reinsurance on premiums | The effect of reinsurance on premiums for traditional long-duration products was as follows:
| Years Ended December 31,
2023 |  | 2022 |  | 2021
(in millions)
Direct premiums | $ | 674 |  |  | $ | 530 |  |  | $ | 490 |
Reinsurance ceded | (226) |  |  | (224) |  |  | (1,361) |
Net premiums | $ | 448 |  |  | $ | 306 |  |  | $ | (871) |

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- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 605 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-1 + Details
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