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Investment Information - Net realized gains and losses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Available for sale securities:    
Available for sale securities, gross gains on investment sales $ 17 $ 20
Available for sale securities, gross losses on investment sales (111) (108)
Equity securities, at fair value:    
Net realized gains (losses) on sales during the period 19 65
Net unrealized gains (losses) on equity securities still held at reporting date 38 (176)
Allowance for credit losses:    
Allowance for credit losses - investments related (16) (32)
Allowance for credit losses - underwriting related 0 (4)
Derivative instruments [1] 56 (24)
Other (2) (3)
Net realized gains (losses) 17 (292)
Fixed maturities    
Available for sale securities:    
Change in fair value of assets and liabilities accounted for using the fair value option 6 (31)
Other investments    
Available for sale securities:    
Change in fair value of assets and liabilities accounted for using the fair value option 9 4
Equity securities    
Available for sale securities:    
Change in fair value of assets and liabilities accounted for using the fair value option $ 1 $ (3)
[1] See note 9 for information on the Company’s derivative instruments.