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Fair Value of Assets and Liabilities Fair Value of Assets and Liabilities (Balances of Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale $ 56,426 $ 56,735
Equity Method Investments, Fair Value Disclosure 135 132
Funds withheld at interest embedded derivatives 176 114
Cash and cash equivalents 1,460 1,478
Short-term investments 123 197
Derivative Assets (Liabilities), at Fair Value, Net 125 140
Investments, Fair Value Disclosure 401 [1] 429
Assets, Fair Value Disclosure 58,721 59,085
Liabilities Fair Value Disclosure    
Fair Value Measured On Recurring Basis Guaranteed Interest Contracts Embedded Derivatives 856 907
Other liabilities (53) (49)
Financial Liabilities Fair Value Disclosure 909 956
Fair Value, Net Asset (Liability) 465  
Fair Value Option Contractholder Directed Unit Linked Investments [Member]    
Assets Fair Value Disclosure    
Investments, Fair Value Disclosure 276 289
Corporate Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 35,295 36,208
Canadian and Canadian provincial governments    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 4,673 5,140
Residential mortgage-backed securities    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 1,591 1,817
Asset-backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 3,151 3,092
Assets, Fair Value Disclosure 79 87
Commercial Mortgage Backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 1,840 1,868
US Treasury and Government [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 930 1,437
US States and Political Subdivisions Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 1,335 1,390
Debt Security, Government, Non-US [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 7,611 5,783
Fair Value Inputs Level 1 Member    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 809 1,312
Equity Method Investments, Fair Value Disclosure 81 79
Funds withheld at interest embedded derivatives 0 0
Cash and cash equivalents 1,434 1,478
Short-term investments 3 32
Derivative Assets (Liabilities), at Fair Value, Net 0 0
Investments, Fair Value Disclosure 222 [1] 224
Assets, Fair Value Disclosure 2,549 3,125
Liabilities Fair Value Disclosure    
Fair Value Measured On Recurring Basis Guaranteed Interest Contracts Embedded Derivatives 0 0
Other liabilities 0 0
Financial Liabilities Fair Value Disclosure 0 0
Fair Value Inputs Level 1 Member | Fair Value Option Contractholder Directed Unit Linked Investments [Member]    
Assets Fair Value Disclosure    
Investments, Fair Value Disclosure 222 224
Fair Value Inputs Level 1 Member | Corporate Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 1 Member | Canadian and Canadian provincial governments    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 1 Member | Residential mortgage-backed securities    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 1 Member | Asset-backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 1 Member | Commercial Mortgage Backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 1 Member | US Treasury and Government [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 809 1,312
Fair Value Inputs Level 1 Member | US States and Political Subdivisions Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 1 Member | Debt Security, Government, Non-US [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 2 Member    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 52,090 52,100
Equity Method Investments, Fair Value Disclosure 0 0
Funds withheld at interest embedded derivatives 0 0
Cash and cash equivalents 26 0
Short-term investments 109 150
Derivative Assets (Liabilities), at Fair Value, Net 125 140
Investments, Fair Value Disclosure 179 [1] 205
Assets, Fair Value Disclosure 52,404 52,455
Liabilities Fair Value Disclosure    
Fair Value Measured On Recurring Basis Guaranteed Interest Contracts Embedded Derivatives 0 0
Other liabilities (53) (49)
Financial Liabilities Fair Value Disclosure 53 49
Fair Value Inputs Level 2 Member | Fair Value Option Contractholder Directed Unit Linked Investments [Member]    
Assets Fair Value Disclosure    
Investments, Fair Value Disclosure 54 65
Fair Value Inputs Level 2 Member | Corporate Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 32,194 33,179
Fair Value Inputs Level 2 Member | Canadian and Canadian provincial governments    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 4,673 5,140
Fair Value Inputs Level 2 Member | Residential mortgage-backed securities    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 1,588 1,814
Fair Value Inputs Level 2 Member | Asset-backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 2,822 2,896
Fair Value Inputs Level 2 Member | Commercial Mortgage Backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 1,784 1,813
Fair Value Inputs Level 2 Member | US Treasury and Government [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 108 111
Fair Value Inputs Level 2 Member | US States and Political Subdivisions Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 1,326 1,381
Fair Value Inputs Level 2 Member | Debt Security, Government, Non-US [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 7,595 5,766
Fair Value Inputs Level 3 Member    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 3,527 3,323
Equity Method Investments, Fair Value Disclosure 54 53
Funds withheld at interest embedded derivatives 176 114
Cash and cash equivalents 0 0
Short-term investments 11 15
Derivative Assets (Liabilities), at Fair Value, Net 0 0
Investments, Fair Value Disclosure 0 [1] 0
Assets, Fair Value Disclosure 3,768 3,505
Liabilities Fair Value Disclosure    
Fair Value Measured On Recurring Basis Guaranteed Interest Contracts Embedded Derivatives 856 907
Other liabilities 0 0
Financial Liabilities Fair Value Disclosure 856 907
Fair Value Inputs Level 3 Member | Fair Value Option Contractholder Directed Unit Linked Investments [Member]    
Assets Fair Value Disclosure    
Investments, Fair Value Disclosure 0 0
Fair Value Inputs Level 3 Member | Corporate Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 3,101 3,029
Fair Value Inputs Level 3 Member | Canadian and Canadian provincial governments    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 0 0
Fair Value Inputs Level 3 Member | Residential mortgage-backed securities    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 3 3
Fair Value Inputs Level 3 Member | Asset-backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 329 196
Fair Value Inputs Level 3 Member | Commercial Mortgage Backed Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 56 55
Fair Value Inputs Level 3 Member | US Treasury and Government [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 13 14
Fair Value Inputs Level 3 Member | US States and Political Subdivisions Debt Securities [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale 9 9
Fair Value Inputs Level 3 Member | Debt Security, Government, Non-US [Member]    
Assets Fair Value Disclosure    
Fixed maturity securities, available-for-sale $ 16 $ 17
[1] Other invested assets included in the fair value hierarchy exclude limited partnership interests that are measured at estimated fair value using the net asset value (“NAV”) per share (or its equivalent) as a practical expedient. As of March 31, 2021, the fair value of such investments was $465 million.