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INVESTMENTS - Schedule of Amortized Cost, Allowance for Credit Losses, Gross Unrealized Appreciation/(Depreciation) and Fair Value of Fixed Maturity Securities (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Fixed maturity securities - available for sale            
Amortized Cost $ 30,134   $ 28,568      
Allowance for Credit Losses (42) $ (46) (48) $ (63) $ (62) $ (54)
Unrealized Appreciation 188   358      
Unrealized Depreciation (1,249)   (1,137)      
Fair Value 29,031   27,740      
Fixed maturity securities - held to maturity            
Amortized Cost 796   864      
Allowance for Credit Losses (8) (9) (8) (8) (9) (9)
Unrealized Appreciation 14   12      
Unrealized Depreciation (13)   (13)      
Fair Value 788   854      
U.S. Treasury securities and obligations of U.S. government agencies and corporations            
Fixed maturity securities - available for sale            
Amortized Cost 1,070   1,045      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 3   3      
Unrealized Depreciation (49)   (52)      
Fair Value 1,024   996      
Obligations of U.S. states and political subdivisions            
Fixed maturity securities - available for sale            
Amortized Cost 114   138      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 1   1      
Unrealized Depreciation (9)   (11)      
Fair Value 105   128      
Corporate Securities            
Fixed maturity securities - available for sale            
Amortized Cost 8,297   7,587      
Allowance for Credit Losses (42) (45) (47) (56) (55) (45)
Unrealized Appreciation 70   135      
Unrealized Depreciation (347)   (322)      
Fair Value 7,979   7,353      
Fixed maturity securities - held to maturity            
Amortized Cost 173   150      
Allowance for Credit Losses (2) (2) (2) (2) (2) (2)
Unrealized Appreciation 5   1      
Unrealized Depreciation (5)   (3)      
Fair Value 171   146      
Asset-backed Securities            
Fixed maturity securities - available for sale            
Amortized Cost 5,317   5,644      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 27   25      
Unrealized Depreciation (27)   (51)      
Fair Value 5,317   5,618      
Fixed maturity securities - held to maturity            
Amortized Cost 517   609      
Allowance for Credit Losses (5) (5) (5) (5) (6) (6)
Unrealized Appreciation 5   4      
Unrealized Depreciation (8)   (10)      
Fair Value 509   597      
Commercial            
Fixed maturity securities - available for sale            
Amortized Cost 1,016   1,091      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 1   1      
Unrealized Depreciation (83)   (92)      
Fair Value 934   1,000      
Fixed maturity securities - held to maturity            
Amortized Cost 21   21      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 0   0      
Unrealized Depreciation 0   0      
Fair Value 21   21      
Agency Residential            
Fixed maturity securities - available for sale            
Amortized Cost 5,025   4,869      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 22   55      
Unrealized Depreciation (302)   (229)      
Fair Value 4,745   4,695      
Non-agency Residential            
Fixed maturity securities - available for sale            
Amortized Cost 940   431      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 8   14      
Unrealized Depreciation (5)   (2)      
Fair Value 943   443      
Foreign government securities            
Fixed maturity securities - available for sale            
Amortized Cost 2,370   2,042      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 11   33      
Unrealized Depreciation (140)   (108)      
Fair Value 2,240   1,967      
Foreign corporate securities            
Fixed maturity securities - available for sale            
Amortized Cost 5,985   5,720      
Allowance for Credit Losses 0 0 (1) (7) (7) (10)
Unrealized Appreciation 46   92      
Unrealized Depreciation (287)   (271)      
Fair Value 5,744   5,540      
Fixed maturity securities - held to maturity            
Amortized Cost 84   84      
Allowance for Credit Losses (1) $ (1) (1) $ (1) $ (1) $ (1)
Unrealized Appreciation 4   7      
Unrealized Depreciation 0   0      
Fair Value $ 87   $ 90