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Segment Reporting - Schedule of Segment Results (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting Information [Line Items]        
Net premiums earned $ 1,005 $ 1,002 $ 2,149 $ 1,783
Other policy revenue 184 103 296 200
Total net investment income 924 342 1,372 666
Investment related gains (losses) 2 41 (32) (20)
Total revenues 2,115 1,488 3,785 2,629
Policyholder benefits and claims incurred 1,030 989 2,116 1,689
Interest sensitive contract benefits 390 116 545 205
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired 199 132 360 263
Change in fair value of insurance-related derivatives and embedded derivatives 21 (26) 2 0
Change in fair value of market risk benefits 139 (12) 158 (7)
Operating expenses 335 148 438 303
Interest expense 43 22 65 46
Total benefits and expenses 2,157 1,369 3,684 2,499
Net income (loss) before income taxes (42) 119 101 130
Operating Segments | Annuity        
Segment Reporting Information [Line Items]        
Net premiums earned 446 400 1,011 560
Other policy revenue 90 10 105 17
Total net investment income 775 205 1,035 382
Investment related gains (losses) 3 0 3 0
Total revenues 1,314 615 2,154 959
Policyholder benefits and claims incurred 483 414 1,084 594
Interest sensitive contract benefits 364 65 449 83
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired 114 2 120 6
Change in fair value of insurance-related derivatives and embedded derivatives 28 (34) (12) (53)
Change in fair value of market risk benefits 139 (12) 158 (7)
Operating expenses 80 30 133 53
Interest expense 0 0 0 0
Total benefits and expenses 1,208 465 1,932 676
Net income (loss) before income taxes 106 150 222 283
Operating Segments | Life        
Segment Reporting Information [Line Items]        
Net premiums earned 98 104 200 214
Other policy revenue 94 93 191 183
Total net investment income 102 80 187 161
Investment related gains (losses) 0 0 0 0
Total revenues 294 277 578 558
Policyholder benefits and claims incurred 161 151 326 305
Interest sensitive contract benefits 26 51 96 122
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired 11 14 22 24
Change in fair value of insurance-related derivatives and embedded derivatives (7) 8 14 53
Change in fair value of market risk benefits 0 0 0 0
Operating expenses 62 57 128 118
Interest expense 0 0 0 0
Total benefits and expenses 253 281 586 622
Net income (loss) before income taxes 41 (4) (8) (64)
Operating Segments | P&C        
Segment Reporting Information [Line Items]        
Net premiums earned 461 498 938 1,009
Other policy revenue 0 0 0 0
Total net investment income 47 47 80 90
Investment related gains (losses) 0 0 0 0
Total revenues 508 545 1,018 1,099
Policyholder benefits and claims incurred 386 424 706 790
Interest sensitive contract benefits 0 0 0 0
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired 74 116 218 233
Change in fair value of insurance-related derivatives and embedded derivatives 0 0 0 0
Change in fair value of market risk benefits 0 0 0 0
Operating expenses 68 52 82 115
Interest expense 0 0 0 0
Total benefits and expenses 528 592 1,006 1,138
Net income (loss) before income taxes (20) (47) 12 (39)
Operating Segments | Corporate & Other        
Segment Reporting Information [Line Items]        
Net premiums earned 0 0 0 0
Other policy revenue 0 0 0 0
Total net investment income 0 10 70 33
Investment related gains (losses) (1) 41 (35) (20)
Total revenues (1) 51 35 13
Policyholder benefits and claims incurred 0 0 0 0
Interest sensitive contract benefits 0 0 0 0
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired 0 0 0 0
Change in fair value of insurance-related derivatives and embedded derivatives 0 0 0 0
Change in fair value of market risk benefits 0 0 0 0
Operating expenses 125 9 95 17
Interest expense 43 22 65 46
Total benefits and expenses 168 31 160 63
Net income (loss) before income taxes $ (169) $ 20 $ (125) $ (50)