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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
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Fixed maturity securities - available for sale      
Amortized Cost $ 29,934 $ 28,568  
Allowance for Credit Losses (36) (48) $ (54)
Unrealized Appreciation 167 358  
Unrealized Depreciation (1,157) (1,137)  
Fair Value 28,908 27,740  
Fixed maturity securities - held to maturity      
Amortized Cost 765 864  
Allowance for Credit Losses (8) (8) (9)
Unrealized Appreciation 14 12  
Unrealized Depreciation (12) (13)  
Fair Value 759 854  
U.S. Treasury securities and obligations of U.S. government agencies and corporations      
Fixed maturity securities - available for sale      
Amortized Cost 688 1,045  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 5 3  
Unrealized Depreciation (24) (52)  
Fair Value 669 996  
Obligations of U.S. States and political subdivisions      
Fixed maturity securities - available for sale      
Amortized Cost 75 138  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 0 1  
Unrealized Depreciation (5) (11)  
Fair Value 70 128  
Corporate securities      
Fixed maturity securities - available for sale      
Amortized Cost 7,288 7,587  
Allowance for Credit Losses (35) (47) (45)
Unrealized Appreciation 57 135  
Unrealized Depreciation (299) (322)  
Fair Value 7,010 7,353  
Fixed maturity securities - held to maturity      
Amortized Cost 177 150  
Allowance for Credit Losses (2) (2) (2)
Unrealized Appreciation 5 1  
Unrealized Depreciation (4) (3)  
Fair Value 175 146  
Asset-backed securities      
Fixed maturity securities - available for sale      
Amortized Cost 5,994 5,644  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 28 25  
Unrealized Depreciation (39) (51)  
Fair Value 5,982 5,618  
Fixed maturity securities - held to maturity      
Amortized Cost 484 609  
Allowance for Credit Losses (4) (5) (6)
Unrealized Appreciation 5 4  
Unrealized Depreciation (8) (10)  
Fair Value 477 597  
Commercial      
Fixed maturity securities - available for sale      
Amortized Cost 965 1,091  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 1 1  
Unrealized Depreciation (66) (92)  
Fair Value 900 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 5,205 4,869  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 13 55  
Unrealized Depreciation (287) (229)  
Fair Value 4,931 4,695  
Non-agency residential      
Fixed maturity securities - available for sale      
Amortized Cost 1,291 431  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 9 14  
Unrealized Depreciation (11) (2)  
Fair Value 1,289 443  
Foreign government securities      
Fixed maturity securities - available for sale      
Amortized Cost 2,330 2,042  
Allowance for Credit Losses 0 0  
Unrealized Appreciation 13 33  
Unrealized Depreciation (147) (108)  
Fair Value 2,196 1,967  
Foreign corporate securities      
Fixed maturity securities - available for sale      
Amortized Cost 6,099 5,720  
Allowance for Credit Losses 0 (1) (10)
Unrealized Appreciation 42 92  
Unrealized Depreciation (279) (271)  
Fair Value 5,861 5,540  
Fixed maturity securities - held to maturity      
Amortized Cost 84 84  
Allowance for Credit Losses (1) (1) $ (1)
Unrealized Appreciation 4 7  
Unrealized Depreciation 0 0  
Fair Value $ 86 $ 90