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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Restricted Assets
Restricted Assets

The Company is required to maintain assets on deposit with various regulatory authorities to support its insurance operations. The Company may also post collateral in connection with certain securities lending, repurchase agreements, funding agreements, credit facilities and derivative transactions. The components of the fair value of the restricted assets were as follows as of the dates indicated:
June 30, 2024December 31, 2023
Fixed maturity collateral pledged to FHLB(1)
$1,809 $1,956 
FHLB restricted stock(2)
63 64 
Fixed maturities-state and other deposits
39 37 
Cash and cash equivalents24 25 
Securities pledged(3)
1,274 1,160 
Total restricted assets$3,209 $3,242 
(1) Included in Fixed maturities, available for sale, at fair value on the Condensed Consolidated Balance Sheets.
(2) Included in Other investments on the Condensed Consolidated Balance Sheets.
(3) Includes the fair value of loaned securities of $941 and $842 as of June 30, 2024 and December 31, 2023, respectively. In addition, as of June 30, 2024 and December 31, 2023, the Company delivered securities as collateral of $171 and $201, respectively, and repurchase agreements of $162 and $117, respectively. Loaned securities and securities delivered as collateral are included in Securities pledged on the Condensed Consolidated Balance Sheets.