XML 60 R48.htm IDEA: XBRL DOCUMENT v3.26.1
Investments - Gross unrealized losses on securities by investment category and length of time that have been in a continuous unrealized loss position (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Total fixed maturities    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ (41) $ (7)
Fair value - less than twelve months $ 3,353 $ 909
Fair value as percentage of cost - less than twelve months 99.00% 99.00%
Unrealized Loss - twelve months or more $ (197) $ (186)
Fair Value - twelve months or more $ 2,681 $ 3,133
Fair value as percentage of cost - twelve months or more 93.00% 94.00%
U.S. government and government agencies    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ (1) $ 0
Fair value - less than twelve months $ 47 $ 15
Fair value as percentage of cost - less than twelve months 98.00% 100.00%
Unrealized Loss - twelve months or more $ 0 $ 0
Fair Value - twelve months or more $ 33 $ 44
Fair value as percentage of cost - twelve months or more 100.00% 100.00%
States, municipalities and political subdivisions    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ (6) $ 0
Fair value - less than twelve months $ 273 $ 47
Fair value as percentage of cost - less than twelve months 98.00% 100.00%
Unrealized Loss - twelve months or more $ (29) $ (26)
Fair Value - twelve months or more $ 264 $ 426
Fair value as percentage of cost - twelve months or more 90.00% 94.00%
Foreign government    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ 0 $ 0
Fair value - less than twelve months $ 137 $ 52
Fair value as percentage of cost - less than twelve months 100.00% 100.00%
Unrealized Loss - twelve months or more $ 0 $ 0
Fair Value - twelve months or more $ 0 $ 5
Fair value as percentage of cost - twelve months or more 0.00% 100.00%
Residential MBS    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ (13) $ (4)
Fair value - less than twelve months $ 1,177 $ 186
Fair value as percentage of cost - less than twelve months 99.00% 98.00%
Unrealized Loss - twelve months or more $ (104) $ (99)
Fair Value - twelve months or more $ 888 $ 914
Fair value as percentage of cost - twelve months or more 90.00% 90.00%
Collateralized loan obligations    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ 0 $ 0
Fair value - less than twelve months $ 160 $ 124
Fair value as percentage of cost - less than twelve months 100.00% 100.00%
Unrealized Loss - twelve months or more $ (3) $ (3)
Fair Value - twelve months or more $ 121 $ 147
Fair value as percentage of cost - twelve months or more 98.00% 98.00%
Other asset-backed securities    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ (10) $ (1)
Fair value - less than twelve months $ 813 $ 311
Fair value as percentage of cost - less than twelve months 99.00% 100.00%
Unrealized Loss - twelve months or more $ (39) $ (37)
Fair Value - twelve months or more $ 750 $ 803
Fair value as percentage of cost - twelve months or more 95.00% 96.00%
Corporate and other    
Available for sale securities in a continuous unrealized loss position    
Unrealized loss - less than twelve months $ (11) $ (2)
Fair value - less than twelve months $ 746 $ 174
Fair value as percentage of cost - less than twelve months 99.00% 99.00%
Unrealized Loss - twelve months or more $ (22) $ (21)
Fair Value - twelve months or more $ 625 $ 794
Fair value as percentage of cost - twelve months or more 97.00% 97.00%