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Investments - Schedule of Recognized Gains (Losses), net (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]        
Net realized gains (losses) on fixed maturity available-for-sale securities $ 0 $ 23 $ (1) $ 5
Net realized/unrealized gains on other invested assets 73 13 73 71
Change in allowance for expected credit losses (21) (31) (44) (31)
Realized (losses) gains on certain derivative instruments (52) 14 (77) 35
Unrealized gains (losses) on certain derivative instruments 192 (55) 34 103
Change in fair value of reinsurance related embedded derivatives (61) 10 (102) (8)
Change in fair value of other derivatives and embedded derivatives 4 4 4 11
Net realized/unrealized gains (losses) on derivatives and embedded derivatives 83 (27) (141) 141
Recognized gains and losses, net 98 (88) (189) 187
Equity securities        
Schedule of Investments [Line Items]        
Net realized/unrealized (losses) gains on equity securities and (losses) gains on preferred securities (36) (62) (73) (10)
Valuation (losses) gains (35) (95) (78) (73)
Preferred securities        
Schedule of Investments [Line Items]        
Net realized/unrealized (losses) gains on equity securities and (losses) gains on preferred securities (1) (4) (3) 11
Valuation (losses) gains $ (1) $ (3) $ (2) $ 12