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Liability for Future Policy Benefit (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Net liability for future policy benefits:      
Net life policy reserves $ 2,968   $ 2,960
Life policy reserves:      
Net liability for future policy benefits:      
Net life policy reserves 1,575   1,554
Term Life Insurance | Life policy reserves:      
Present value of expected net premiums:      
Balance, beginning of period 1,638 $ 1,700  
Beginning balance at original discount rate 1,719 1,712  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience (8) (9)  
Adjusted beginning of period balance 1,711 1,703  
Issuances 35 35  
Interest accrual 19 18  
Net premiums collected (46) (46)  
Ending balance at original discount rate 1,719 1,710  
Effect of changes in discount rate assumptions (60) (50)  
Balance, end of period 1,659 1,660  
Present value of expected future policy benefits:      
Balance, beginning of period 2,668 2,751  
Beginning balance at original discount rate 2,812 2,765  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience (14) (14)  
Adjusted beginning of period balance 2,798 2,751  
Issuances 36 35  
Interest accrual 32 31  
Benefits paid (54) (37)  
Ending balance at original discount rate 2,812 2,780  
Effect of changes in discount rate assumptions (109) (82)  
Balance, end of period 2,703 2,698  
Net liability for future policy benefits:      
Present value of expected future policy benefits less expected net premiums 1,044 1,038  
Impact of flooring at cohort level 20 16  
Net life policy reserves 1,064 1,054 1,051
Less reinsurance recoverable at original discount rate (82) (100)  
Less effect of discount rate assumption changes on reinsurance recoverable (8) (8)  
Net life policy reserves, after reinsurance recoverable $ 974 $ 946  
Weighted-average duration of the net life policy reserves in years 11 years 11 years  
Whole Life Insurance | Life policy reserves:      
Present value of expected net premiums:      
Balance, beginning of period $ 218 $ 223  
Beginning balance at original discount rate 228 225  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 228 225  
Issuances 3 5  
Interest accrual 3 2  
Net premiums collected (7) (7)  
Ending balance at original discount rate 227 225  
Effect of changes in discount rate assumptions (7) (6)  
Balance, end of period 220 219  
Present value of expected future policy benefits:      
Balance, beginning of period 623 657  
Beginning balance at original discount rate 646 628  
Effect of changes in cash flow assumptions 0 0  
Effect of actual variances from expected experience 0 0  
Adjusted beginning of period balance 646 628  
Issuances 3 5  
Interest accrual 9 8  
Benefits paid (10) (8)  
Ending balance at original discount rate 648 633  
Effect of changes in discount rate assumptions (17) 4  
Balance, end of period 631 637  
Net liability for future policy benefits:      
Present value of expected future policy benefits less expected net premiums 411 418  
Impact of flooring at cohort level 1 0  
Net life policy reserves 412 418 $ 405
Less reinsurance recoverable at original discount rate (25) (24)  
Less effect of discount rate assumption changes on reinsurance recoverable (3) (4)  
Net life policy reserves, after reinsurance recoverable $ 384 $ 390  
Weighted-average duration of the net life policy reserves in years 15 years 16 years