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v3.22.4

Variable Interest Entities (Tables) | 12 Months Ended
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Dec. 31, 2022
Text Block [Abstract] |
Summary of Nonconsolidated VIEs Assets and Liabilities |
|  | December 31, 2022 |
|  |  |  |  | Carrying Value of Assets |  |  | Carrying Value of Liabilities |
In millions |  | Maximum Exposure to Loss |  |  | Investments |  |  | Premiums Receivable |  |  | Insurance Loss Recoverable |  |  | Unearned Premium Revenue |  |  | Loss and Loss Adjustment Expense Reserves |
Insurance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global structured finance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed residential |  | $ | 996 |  |  | $ | 75 |  |  | $ | 6 |  |  | $ | 21 |  |  | $ | 4 |  |  | $ | 277 |
Consumer asset-backed |  |  | 164 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 5 |
Corporate asset-backed |  |  | 450 |  |  |  | — |  |  |  | 3 |  |  |  | 7 |  |  |  | 3 |  |  |  | — |
Total global structured finance |  |  | 1,610 |  |  |  | 75 |  |  |  | 9 |  |  |  | 28 |  |  |  | 8 |  |  |  | 282 |
Global public finance |  |  | 230 |  |  |  | — |  |  |  | 5 |  |  |  | — |  |  |  | 4 |  |  |  | — |
Total insurance |  | $ | 1,840 |  |  | $ | 75 |  |  | $ | 14 |  |  | $ | 28 |  |  | $ | 12 |  |  | $ | 282 |
|  | December 31, 2021 |
|  |  |  |  | Carrying Value of Assets |  |  | Carrying Value of Liabilities |
In millions |  | Maximum Exposure to Loss |  |  | Investments |  |  | Premiums Receivable |  |  | Insurance Loss Recoverable |  |  | Unearned Premium Revenue |  |  | Loss and Loss Adjustment Expense Reserves |
Insurance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global structured finance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed residential |  | $ | 1,261 |  |  | $ | 87 |  |  | $ | 14 |  |  | $ | 40 |  |  | $ | 11 |  |  | $ | 430 |
Consumer asset-backed |  |  | 226 |  |  |  | — |  |  |  | 1 |  |  |  | 1 |  |  |  | 1 |  |  |  | 6 |
Corporate asset-backed |  |  | 503 |  |  |  | — |  |  |  | 3 |  |  |  | 200 |  |  |  | 4 |  |  |  | 11 |
Total global structured finance |  |  | 1,990 |  |  |  | 87 |  |  |  | 18 |  |  |  | 241 |  |  |  | 16 |  |  |  | 447 |
Global public finance |  |  | 834 |  |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | 5 |  |  |  | — |
Total insurance |  | $ | 2,824 |  |  | $ | 87 |  |  | $ | 24 |  |  | $ | 241 |  |  | $ | 21 |  |  | $ | 447 |

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