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Fair Value of Financial Instruments - Schedule of Fair Value Hierarchy Measurements of Financial Instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Financial assets      
Equity securities, at fair value $ 1,142 $ 1,404  
Short-term investments, at estimated fair value 4,177 2,397  
Derivative assets 1,346 227  
Other assets - market risk benefits 856 34  
Separate account assets 1,343 1,189  
Financial liabilities      
Market risk benefits 3,655 34  
Separate account liabilities 1,343 1,189 $ 1,045
Separate account, asset (liability), not subject to fair value 31 26  
Total Fair Value      
Financial assets      
Available-for-sale fixed maturity securities 47,292 12,877  
Equity securities, at fair value 1,142 1,404  
Real estate at fair value 1,283    
Real estate partnerships 932    
Investments funds 124    
Short-term investments, at estimated fair value 4,177 2,397  
Derivative assets 1,341 227  
Collaterals received on derivatives (excluding excess collateral) (1,298) (226)  
Separately managed accounts 71 105  
Other 315    
Cash and cash equivalents 11,330 3,192  
Other assets - market risk benefits 857 34  
Separate account assets 1,312 1,163  
Total financial assets 68,878 21,173  
Financial liabilities      
Policyholders’ account balances – embedded derivative 1,123 872  
Market risk benefits 3,655 34  
Funds withheld for reinsurance liabilities 37    
Separate account liabilities 1,312 1,163  
Total financial liabilities 6,127 2,069  
Total Fair Value | U.S. treasury and government      
Financial assets      
Available-for-sale fixed maturity securities 86 62  
Total Fair Value | U.S. states and political subdivisions      
Financial assets      
Available-for-sale fixed maturity securities 3,207 578  
Total Fair Value | Foreign governments      
Financial assets      
Available-for-sale fixed maturity securities 1,541 9  
Total Fair Value | Corporate debt securities      
Financial assets      
Available-for-sale fixed maturity securities 32,848 10,784  
Total Fair Value | Residential mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 1,106 127  
Total Fair Value | Commercial mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 2,796    
Total Fair Value | Collateralized debt securities      
Financial assets      
Available-for-sale fixed maturity securities 5,708 1,317  
Total Fair Value | Common stock      
Financial assets      
Equity securities, at fair value 747 1,307  
Total Fair Value | Preferred Stock      
Financial assets      
Equity securities, at fair value 391 97  
Total Fair Value | Private equity and other      
Financial assets      
Equity securities, at fair value 4    
Level 1      
Financial assets      
Available-for-sale fixed maturity securities 76 62  
Equity securities, at fair value 628 336  
Real estate at fair value 0    
Real estate partnerships 0    
Investments funds 0    
Short-term investments, at estimated fair value 3,003 1,100  
Derivative assets 0 0  
Collaterals received on derivatives (excluding excess collateral) (1,298) 0  
Separately managed accounts 0 0  
Other 0    
Cash and cash equivalents 11,330 3,192  
Other assets - market risk benefits 0 0  
Separate account assets 258 406  
Total financial assets 13,997 5,096  
Financial liabilities      
Policyholders’ account balances – embedded derivative 0 0  
Market risk benefits 0 0  
Funds withheld for reinsurance liabilities 0    
Separate account liabilities 258 406  
Total financial liabilities 258 406  
Level 1 | U.S. treasury and government      
Financial assets      
Available-for-sale fixed maturity securities 76 62  
Level 1 | U.S. states and political subdivisions      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 1 | Foreign governments      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 1 | Corporate debt securities      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 1 | Residential mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 1 | Commercial mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 0    
Level 1 | Collateralized debt securities      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 1 | Common stock      
Financial assets      
Equity securities, at fair value 606 314  
Level 1 | Preferred Stock      
Financial assets      
Equity securities, at fair value 22 22  
Level 1 | Private equity and other      
Financial assets      
Equity securities, at fair value 0    
Level 2      
Financial assets      
Available-for-sale fixed maturity securities 41,779 9,700  
Equity securities, at fair value 37 0  
Real estate at fair value 0    
Real estate partnerships 0    
Investments funds 0    
Short-term investments, at estimated fair value 821 0  
Derivative assets 1,118 0  
Collaterals received on derivatives (excluding excess collateral) 0 0  
Separately managed accounts 0 0  
Other 11    
Cash and cash equivalents 0 0  
Other assets - market risk benefits 0 0  
Separate account assets 1,054 757  
Total financial assets 44,820 10,457  
Financial liabilities      
Policyholders’ account balances – embedded derivative 0 0  
Market risk benefits 0 0  
Funds withheld for reinsurance liabilities 0    
Separate account liabilities 1,054 757  
Total financial liabilities 1,054 757  
Level 2 | U.S. treasury and government      
Financial assets      
Available-for-sale fixed maturity securities 10 0  
Level 2 | U.S. states and political subdivisions      
Financial assets      
Available-for-sale fixed maturity securities 3,151 578  
Level 2 | Foreign governments      
Financial assets      
Available-for-sale fixed maturity securities 1,541 9  
Level 2 | Corporate debt securities      
Financial assets      
Available-for-sale fixed maturity securities 30,192 8,570  
Level 2 | Residential mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 1,087 127  
Level 2 | Commercial mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 2,721    
Level 2 | Collateralized debt securities      
Financial assets      
Available-for-sale fixed maturity securities 3,077 416  
Level 2 | Common stock      
Financial assets      
Equity securities, at fair value 25 0  
Level 2 | Preferred Stock      
Financial assets      
Equity securities, at fair value 12 0  
Level 2 | Private equity and other      
Financial assets      
Equity securities, at fair value 0    
Level 3      
Financial assets      
Available-for-sale fixed maturity securities 5,437 3,115  
Equity securities, at fair value 477 1,068  
Real estate at fair value 1,283    
Real estate partnerships 932    
Investments funds 124    
Short-term investments, at estimated fair value 353 1,297  
Derivative assets 223 227  
Collaterals received on derivatives (excluding excess collateral) 0 (226)  
Separately managed accounts 71 105  
Other 304    
Cash and cash equivalents 0 0  
Other assets - market risk benefits 857 34  
Separate account assets 0 0  
Total financial assets 10,061 5,620  
Financial liabilities      
Policyholders’ account balances – embedded derivative 1,123 872  
Market risk benefits 3,655 34  
Funds withheld for reinsurance liabilities 37    
Separate account liabilities 0 0  
Total financial liabilities 4,815 906  
Level 3 | U.S. treasury and government      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 3 | U.S. states and political subdivisions      
Financial assets      
Available-for-sale fixed maturity securities 56 0  
Level 3 | Foreign governments      
Financial assets      
Available-for-sale fixed maturity securities 0 0  
Level 3 | Corporate debt securities      
Financial assets      
Available-for-sale fixed maturity securities 2,656 2,214  
Level 3 | Residential mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 19 0  
Level 3 | Commercial mortgage-backed securities      
Financial assets      
Available-for-sale fixed maturity securities 75    
Level 3 | Collateralized debt securities      
Financial assets      
Available-for-sale fixed maturity securities 2,631 901  
Level 3 | Common stock      
Financial assets      
Equity securities, at fair value 116 993  
Level 3 | Preferred Stock      
Financial assets      
Equity securities, at fair value 357 75  
Level 3 | Private equity and other      
Financial assets      
Equity securities, at fair value 4    
Fair Value Measured at Net Asset Value Per Share      
Financial assets      
Investments funds $ 353 $ 1,600