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Segments (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Reconciliation of Operating Earnings Before Income Taxes from Segments to Consolidated
The summary below reconciles Adjusted operating earnings before income taxes for the segments to Income (loss) before income taxes for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Adjusted operating earnings before income taxes by segment:
Wealth Solutions$214 $174 $400 $306 
Health Solutions60 124 119 218 
Investment Management64 63 117 105 
Corporate(54)(54)(118)(123)
Total including Allianz noncontrolling interest284 307 518 507 
Less: Earning (loss) attributable to Allianz noncontrolling interest13 13 24 21 
Total$271 $294 $494 $486 
Adjustments:
Net investment gains (losses)20 (38)84 (47)
Income (loss) related to businesses exited or to be exited through reinsurance or divestment(37)(21)(69)(54)
Income (loss) attributable to noncontrolling interests30 77 67 123 
Dividend payments made to preferred shareholders4 4 21 18 
Other adjustments(12)(52)(35)(122)
Total adjustments to income (loss) before income taxes5 (31)68 (82)
Income (loss) before income taxes$276 $263 $563 $404 
Reconciliation of Revenue from Segments to Total Revenues
The summary below reconciles Adjusted operating revenues for the segments to Total revenues for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Adjusted operating revenues by segment:
Wealth Solutions$730 $705 $1,450 $1,389 
Health Solutions892 775 1,798 1,549 
Investment Management234 226 468 455 
Corporate4 15 9 26 
Total $1,860 $1,721 $3,724 $3,419 
Adjustments:
Net investment gains (losses)16 (46)62 (60)
Revenues related to businesses exited or to be exited through reinsurance or divestment13 2 37 32 
Revenues attributable to noncontrolling interests102 128 167 188 
Other adjustments42 67 93 127 
Total adjustments to revenues173 151 360 288 
Total revenues$2,033 $1,871 $4,084 $3,706 
Schedule of Intersegment Revenues Included in Investment Management Segment
The Investment Management segment revenues include the following intersegment revenues, primarily consisting of asset-based management and administration fees for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Investment Management intersegment revenues$19 $22 $39 $44 
Summary of Financial Information for Segments
The summary below presents Total assets for the Company’s segments as of the dates indicated:
June 30, 2024December 31, 2023
Wealth Solutions$126,897 $122,318 
Health Solutions3,430 3,336 
Investment Management1,753 1,600 
Corporate25,083 25,527 
Total assets, before consolidation(1)
157,163 152,781 
Consolidation of investment entities4,117 4,304 
Total assets
$161,280 $157,085 
(1) Total assets, before consolidation include the Company's direct investments in CIEs prior to consolidation, which are accounted for using the equity method or fair value option.