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Investments - Schedule of Recognized Gains (Losses), net (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Schedule of Investments [Line Items]        
Net realized (losses) gains on fixed maturity available-for-sale securities $ (1) $ (32) $ 3 $ (137)
Net realized/unrealized gains (losses) on other invested assets 3 9 73 (20)
Change in allowance for expected credit losses 0 (7) (32) (30)
Realized gains (losses) on certain derivative instruments 30 (30) 65 (184)
Unrealized gains (losses) on certain derivative instruments 347 (297) 450 14
Change in fair value of other derivatives and embedded derivatives 3 (3) 6 0
Realized gains (losses) on derivatives and embedded derivatives 202 (294) 335 (136)
Recognized gains and losses, net 269 (356) 456 (367)
Reinsurance related embedded derivatives        
Schedule of Investments [Line Items]        
Change in fair value of reinsurance related embedded derivatives (178) 36 (186) 34
Equity securities        
Schedule of Investments [Line Items]        
Net realized/unrealized gains (losses) on equity securities and gains (losses) on preferred securities 48 (33) 48 (37)
Valuation gains (losses) 31 (22) (42) (12)
Preferred securities        
Schedule of Investments [Line Items]        
Net realized/unrealized gains (losses) on equity securities and gains (losses) on preferred securities 17 1 29 (7)
Valuation gains (losses) $ 18 $ 2 $ 30 $ 52