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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Fixed maturities - available for sale, at fair value, amortized cost $ 24,191 $ 22,064
Fixed maturities - available for sale, at fair value, allowance for credit loss (54) (30)
Fixed maturities - held to maturity, at amortized cost, net of credit allowances, fair value 821  
Fixed maturities - held to maturity, at amortized cost, credit allowances (9)  
Short-term investments, at cost 1,032 1,178
Premiums receivable, credit allowances (29) (26)
Reinsurance paid loss recoverables, credit allowances (23) (17)
Other assets, credit allowances $ (5) $ (4)
Preferred shares, par value $ 0.01 $ 0.01
Preferred shares, authorized 50,000,000.0 50,000,000
Preferred shares, issued 0 0
Preferred shares, outstanding 0 0
Common shares, par value $ 0.01 $ 0.01
Common Stock, Shares Authorized 200,000,000.0 200,000,000
Common shares, outstanding 69,900,000 69,800,000
Accumulated other comprehensive income (loss), net deferred income tax expense (benefit) $ (250) $ 27
Treasury shares 30,800,000 30,500,000