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Business Dispositions (Tables)
6 Months Ended
Jun. 30, 2021
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]  
Disposal Groups, Including Discontinued Operations
Carrying Value of Assets and Liabilities to be Transferred in Connection With the Sale [1]
As of June 30, 2021As of December 31, 2020
Assets
Investments and cash$156 $142 
Reinsurance recoverables and other24 35 
Total assets held for sale180 177 
Liabilities
Unpaid losses and loss adjustment expenses76 84 
Unearned premiums22 31 
Other liabilities66 43 
Total liabilities held for sale$164 $158 
[1] As of June 30, 2021 and December 31, 2020, the estimated fair value of the disposal group was $12 and $14, respectively, based on the estimated consideration to be received less cost to sell. Within the disposal group, as of June 30, 2021 and December 31, 2020, investments in fixed maturities and short-term investments, which are measured at fair value on a recurring basis, had a fair value of $81 and $84, respectively, of which $0 and $1, respectively, was based on quoted prices in active markets for identical assets and $81 and $83, respectively, was based on significant observable inputs.The remaining fair value less costs to sell for the disposal group as of June 30, 2021 and December 31, 2020 was ($69) and ($70), respectively, which is measured on a nonrecurring basis using significant unobservable inputs. See Note 4—Fair Value Measurements for more information