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Market Risk Benefits - Schedule of Balances and Changes in Market Risk Benefit (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Indexed annuities    
Market Risk Benefit [Roll Forward]    
Balance beginning of period $ 420 $ 314
Balance, beginning of period, before effect of changes in the instrument-specific credit risk 322 209
Issuances and benefit payments 59 109
Attributed fees collected and interest accrual 75 147
Actual policyholder behavior different from expected 35 (5)
Changes in assumptions and other 0 24
Effects of market related movements 12 (162)
Balance, end of period, before effect of changes in the instrument-specific credit risk 503 322
Issuances and benefit payments 59 109
Attributed fees collected and interest accrual 75 147
Actual policyholder behavior different from expected 35 (5)
Changes in assumptions and other 0 24
Effects of market related movements 12 (162)
Effect of changes in the instrument-specific credit risk 105 98
Balance, end of period 608 420
Less: reinsured market risk benefits 111 61
Balance, end of period, net of reinsurance $ 497 $ 359
Weighted-average attained age of policyholders weighted by total AV (years) 67 years 11 months 1 day 67 years 11 months 23 days
Net amount at risk $ 1,608 $ 1,327
Fixed rate annuities    
Market Risk Benefit [Roll Forward]    
Balance beginning of period 1 1
Balance, beginning of period, before effect of changes in the instrument-specific credit risk 1 1
Issuances and benefit payments 0 0
Attributed fees collected and interest accrual 0 0
Actual policyholder behavior different from expected 0 0
Changes in assumptions and other 0 0
Effects of market related movements 0 0
Balance, end of period, before effect of changes in the instrument-specific credit risk 1 1
Issuances and benefit payments 0 0
Attributed fees collected and interest accrual 0 0
Actual policyholder behavior different from expected 0 0
Changes in assumptions and other 0 0
Effects of market related movements 0 0
Effect of changes in the instrument-specific credit risk 0 0
Balance, end of period 1 1
Less: reinsured market risk benefits 0 0
Balance, end of period, net of reinsurance $ 1 $ 1
Weighted-average attained age of policyholders weighted by total AV (years) 83 years 10 months 17 days 72 years 6 months 29 days
Net amount at risk $ 2 $ 2