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Market Risk Benefits (Tables)
 6 Months Ended
Jun. 30, 2025
Insurance [Abstract]  
Schedule of Balances and Changes in Market Risk Benefit
The following table presents the balances of and changes in MRBs associated with indexed annuities and fixed rate annuities for the six months ended June 30, 2025 and the year ended December 31, 2024:
June 30, 2025December 31, 2024
Indexed
annuities		Fixed rate annuitiesIndexed
annuities		Fixed rate annuities
(In millions)
Balance, beginning of period, net liability$420 $1 $314 $1 
Balance, beginning of period, before effect of changes in the instrument-specific credit risk$322 $1 $209 $1 
Issuances and benefit payments59 — 109 — 
Attributed fees collected and interest accrual75 — 147 — 
Actual policyholder behavior different from expected 35 — (5)— 
Changes in assumptions and other— — 24 — 
Effects of market related movements12 — (162)— 
Balance, end of period, before effect of changes in the instrument-specific credit risk503 1 322 1 
Effect of changes in the instrument-specific credit risk105 — 98 — 
Balance, end of period, net liability608 1 420 1 
Less: reinsured market risk benefits111 — 61 — 
Balance, end of period, net of reinsurance$497 $1 $359 $1 
Weighted-average attained age of policyholders weighted by total AV (years)67.9283.8867.9872.58
Net amount at risk$1,608 $2 $1,327 $2 
Schedule of Reconciliation of Asset and Liability
The following table reconciles MRBs by amounts in an asset position and amounts in a liability position to the MRBs amounts in the accompanying unaudited Condensed Consolidated Balance Sheets:
June 30, 2025December 31, 2024
DirectReinsuredTotal DirectReinsuredTotal
(In millions)
MRB asset
Indexed annuities$101 $112 $213 $128 $61 $189 
Fixed rate annuities — — — — — — 
Total MRB asset $101 $112 $213 $128 $61 $189 
MRB liability
Indexed annuities$709 $1 $710 $548 $— $548 
Fixed rate annuities1 — 1 1 — 1 
Total MRB liability$710 $1 $711 $549 $— $549