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v3.25.2

Investments - Schedule of Interest and Investment Income (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | $ 843 | $ 855 | $ 1,668 | $ 1,636
Investment expense | (66) | (72) | (131) | (143)
Interest and investment income | 777 | 783 | 1,537 | 1,493
Fixed maturity securities, available-for-sale |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | 572 | 561 | 1,141 | 1,096
Equity securities |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | 7 | 8 | 15 | 18
Preferred securities |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | 7 | 10 | 13 | 18
Mortgage loans |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | 87 | 65 | 169 | 131
Invested cash and short-term investments |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | 48 | 53 | 101 | 100
Limited partnerships |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Limited partnerships | 60 | 98 | 115 | 151
Tax deferred property exchange income |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | 29 | 34 | 58 | 66
Other investments |  |  |  |
Schedule of Investments [Line Items] |  |  |  |
Gross investment income | $ 33 | $ 26 | $ 56 | $ 56

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