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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
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Fixed maturity securities - available for sale            
Amortized Cost $ 30,753   $ 28,568      
Allowance for Credit Losses (51) $ (42) (48) $ (60) $ (63) $ (54)
Unrealized Appreciation 570   358      
Unrealized Depreciation (793)   (1,137)      
Fair Value 30,479   27,740      
Fixed maturity securities - held to maturity            
Amortized Cost 788   864      
Allowance for Credit Losses (8) (8) (8) (8) (8) (9)
Unrealized Appreciation 24   12      
Unrealized Depreciation (5)   (13)      
Fair Value 799   854      
U.S. Treasury securities and obligations of U.S. government agencies and corporations            
Fixed maturity securities - available for sale            
Amortized Cost 742   1,045      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 2   3      
Unrealized Depreciation (35)   (52)      
Fair Value 709   996      
Obligations of U.S. states and political subdivisions            
Fixed maturity securities - available for sale            
Amortized Cost 87   138      
Allowance for Credit Losses 0   0 (1) 0 0
Unrealized Appreciation 1   1      
Unrealized Depreciation (4)   (11)      
Fair Value 84   128      
Corporate Securities            
Fixed maturity securities - available for sale            
Amortized Cost 8,257   7,587      
Allowance for Credit Losses (50) (42) (47) (57) (56) (45)
Unrealized Appreciation 203   135      
Unrealized Depreciation (215)   (322)      
Fair Value 8,195   7,353      
Fixed maturity securities - held to maturity            
Amortized Cost 182   150      
Allowance for Credit Losses (2) (2) (2) (2) (2) (2)
Unrealized Appreciation 8   1      
Unrealized Depreciation (1)   (3)      
Fair Value 187   146      
Asset-backed Securities            
Fixed maturity securities - available for sale            
Amortized Cost 5,900   5,644      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 35   25      
Unrealized Depreciation (20)   (51)      
Fair Value 5,915   5,618      
Fixed maturity securities - held to maturity            
Amortized Cost 501   609      
Allowance for Credit Losses (5) (5) (5) (5) (6) (6)
Unrealized Appreciation 8   4      
Unrealized Depreciation (4)   (10)      
Fair Value 501   597      
Commercial            
Fixed maturity securities - available for sale            
Amortized Cost 990   1,091      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 4   1      
Unrealized Depreciation (56)   (92)      
Fair Value 937   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 4,662   4,869      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 67   55      
Unrealized Depreciation (173)   (229)      
Fair Value 4,556   4,695      
Non-agency Residential            
Fixed maturity securities - available for sale            
Amortized Cost 1,325   431      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 34   14      
Unrealized Depreciation 0   (2)      
Fair Value 1,359   443      
Foreign government securities            
Fixed maturity securities - available for sale            
Amortized Cost 2,388   2,042      
Allowance for Credit Losses 0   0      
Unrealized Appreciation 46   33      
Unrealized Depreciation (96)   (108)      
Fair Value 2,338   1,967      
Foreign corporate securities            
Fixed maturity securities - available for sale            
Amortized Cost 6,401   5,720      
Allowance for Credit Losses 0 0 (1) (3) (7) (10)
Unrealized Appreciation 178   92      
Unrealized Depreciation (193)   (271)      
Fair Value 6,386   5,540      
Fixed maturity securities - held to maturity            
Amortized Cost 84   84      
Allowance for Credit Losses (1) $ (1) (1) $ (1) $ (1) $ (1)
Unrealized Appreciation 9   7      
Unrealized Depreciation 0   0      
Fair Value $ 91   $ 90