XML 127 R116.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Liability For Unpaid Claims And Claim Adjustment Expenses - Information on Liability for Unpaid Claims (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]        
Policy and contract claims, beginning $ 1,854 $ 1,825 $ 1,870 $ 1,786
Less: Unpaid claims balance, beginning – long-duration 203 250 213 231
Gross unpaid claims balance, beginning – short-duration 1,651 1,575 1,657 1,555
Less: Reinsurance recoverables, beginning 306 300 302 305
Net unpaid claims balance, beginning – short-duration 1,345 1,275 1,355 1,250
Acquisition from business combination, net of reinsurance 1 0 1 0
Add: incurred related to:        
Current accident year 407 442 750 816
Prior accident years (14) (11) (32) (22)
Total incurred claims 393 431 718 794
Less: paid claims related to:        
Current accident year 201 234 309 342
Prior accident years 142 118 369 348
Total paid claims 343 352 678 690
Net unpaid claims balance, ending – short-duration 1,396 1,354 1,396 1,354
Add: Foreign currency translation and other 0 0 0 0
Add: Reinsurance recoverables, ending 271 303 271 303
Gross unpaid claims balance, ending – short-duration 1,667 1,657 1,667 1,657
Add: Unpaid claims balance, ending – long duration 213 210 213 210
Policy and contract claims, ending $ 1,880 $ 1,867 $ 1,880 $ 1,867