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Schedule I - Summary Of Investments - Other Than Investments In Related Parties
12 Months Ended
Dec. 31, 2022
Schedule I - Summary Of Investments - Other Than Investments In Related Parties [Abstract]  
Schedule I - Summary Of Investments - Other Than Investments In Related Parties
SCHEDULE I — SUMMARY OF INVESTMENTS —
OTHER THAN INVESTMENTS IN RELATED
 
PARTIES
December 31, 2022
Column A
Column B
Column C
Column D
Amount
Shown in
Market
Balance
(Dollars in millions)
Cost
Value
Sheet
Fixed maturities - available for sale
Bonds:
U.S. government and government agencies
$
1,334
$
1,257
$
1,257
State, municipalities and political subdivisions
444
413
413
Foreign government securities
 
1,586
1,415
1,415
Foreign corporate securities
 
5,143
4,596
4,596
Public utilities
218
203
203
All other corporate bonds
10,688
10,013
10,013
Mortgage - backed securities:
Commercial
1,023
919
919
Agency residential
3,382
3,099
3,099
Non-agency residential
5
4
4
Redeemable preferred stock
368
316
316
Total fixed maturities-available for sale
24,191
22,236
22,236
Fixed maturities - held to maturity
Bonds:
Foreign corporate securities
 
28
28
27
All other corporate bonds
813
786
806
Mortgage - backed securities:
Commercial
7
7
7
Total fixed maturities-held to maturity
848
821
839
Equity securities - at fair value (1)
252
281
281
Short-term investments
1,032
1,032
1,032
Other invested assets
4,085
4,085
4,085
Cash
1,398
1,398
1,398
Total investments and cash
$
31,807
$
29,853
$
29,872
(Some amounts may not reconcile due to rounding.)
(1)
 
Original cost does not reflect fair value adjustments,
 
which have been realized through the statements
 
of operations and comprehensive income (loss).