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Investment Information - Net realized gains and losses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Available for sale securities:      
Available for sale securities, gross gains on investment sales $ 296 $ 259 $ 116
Available for sale securities, gross losses on investment sales (271) (354) (547)
Equity securities, at fair value :      
Net realized gains (losses) on securities sold 84 62 61
Net unrealized gains (losses) on equity securities still held at reporting date 130 108 88
Allowance for credit losses:      
Allowance for credit losses - investment related (6) 0 3
Allowance for credit losses - underwriting related 3 5 (1)
Derivative instruments 327 8 59
Other [1] (169) 251 10
Net realized gains (losses) 464 197 (165)
Fixed maturities      
Available for sale securities:      
Change in fair value of assets and liabilities accounted for using the fair value option 29 3 18
Other investments      
Available for sale securities:      
Change in fair value of assets and liabilities accounted for using the fair value option 38 (144) 27
Equity securities      
Available for sale securities:      
Change in fair value of assets and liabilities accounted for using the fair value option 0 (1) 1
Short-term investments      
Available for sale securities:      
Change in fair value of assets and liabilities accounted for using the fair value option $ 3 $ 0 $ 0
[1] Amounts in the 2025 periods primarily include losses related to the sale of certain alternative investments accounted for under the equity method, while amounts in the 2024 period include benefits from the sale of Castel Underwriting Agencies Limited and the acquisition of RMIC Companies, Inc