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Fair Value of Financial Instruments - Schedule of Fair Value Hierarchy Measurements of Financial Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Financial assets            
Equity securities $ 1,238   $ 1,142      
Short-term investments 4,067   4,177      
Derivative assets 1,171   1,346      
Separate account assets 1,322   1,343      
Financial liabilities            
Market risk benefits 4,227   3,655      
Other liabilities – derivative liabilities 170   5      
Separate account liabilities 1,322 $ 1,253 1,343 $ 1,266 $ 1,285 $ 1,189
Separate accounts not subject to fair value hierarchy 30   31      
Total Fair Value            
Financial assets            
Total available-for-sale fixed maturity securities 48,931   47,292      
Equity securities 1,238   1,142      
Real estate at fair value 1,271   1,283      
Real estate partnerships at fair value 1,712   932      
Investment funds 141   124      
Short-term investments 4,067   4,177      
Derivative assets 1,101   1,341      
Collaterals received on derivatives (excluding excess collateral) (1,008)   (1,298)      
Separately managed accounts 61   71      
Other 216   315      
Cash and cash equivalents 12,104   11,330      
Other assets – market risk benefit assets 1,035   857      
Separate account assets 1,292   1,312      
Total financial assets 72,161   68,878      
Financial liabilities            
Policyholders’ account balances – embedded derivative 6,257   1,123      
Market risk benefits 4,227   3,655      
Funds withheld for reinsurance liabilities – embedded derivatives 63   37      
Other liabilities – derivative liabilities 101          
Separate account liabilities 1,292   1,312      
Total financial liabilities 11,940   6,127      
Total Fair Value | U.S. treasury and government            
Financial assets            
Total available-for-sale fixed maturity securities 93   86      
Total Fair Value | U.S. state and municipal            
Financial assets            
Total available-for-sale fixed maturity securities 3,121   3,207      
Total Fair Value | Foreign governments            
Financial assets            
Total available-for-sale fixed maturity securities 1,318   1,541      
Total Fair Value | Corporate debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 34,888   32,848      
Total Fair Value | Residential mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 999   1,106      
Total Fair Value | Commercial mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 3,259   2,796      
Total Fair Value | Collateralized debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 5,253   5,708      
Total Fair Value | Common stock            
Financial assets            
Equity securities 807   747      
Total Fair Value | Preferred stock            
Financial assets            
Equity securities 431   391      
Total Fair Value | Private equity and other            
Financial assets            
Equity securities 0   4      
Level 1            
Financial assets            
Total available-for-sale fixed maturity securities 79   76      
Equity securities 753   628      
Real estate at fair value 0   0      
Real estate partnerships at fair value 0   0      
Investment funds 0   0      
Short-term investments 2,710   3,003      
Derivative assets 0   0      
Collaterals received on derivatives (excluding excess collateral) (1,008)   (1,298)      
Separately managed accounts 0   0      
Other 0   0      
Cash and cash equivalents 12,104   11,330      
Other assets – market risk benefit assets 0   0      
Separate account assets 976   258      
Total financial assets 15,614   13,997      
Financial liabilities            
Policyholders’ account balances – embedded derivative 0   0      
Market risk benefits 0   0      
Funds withheld for reinsurance liabilities – embedded derivatives 0   0      
Other liabilities – derivative liabilities 0          
Separate account liabilities 976   258      
Total financial liabilities 976   258      
Level 1 | U.S. treasury and government            
Financial assets            
Total available-for-sale fixed maturity securities 79   76      
Level 1 | U.S. state and municipal            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 1 | Foreign governments            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 1 | Corporate debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 1 | Residential mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 1 | Commercial mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 1 | Collateralized debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 1 | Common stock            
Financial assets            
Equity securities 748   606      
Level 1 | Preferred stock            
Financial assets            
Equity securities 5   22      
Level 1 | Private equity and other            
Financial assets            
Equity securities 0   0      
Level 2            
Financial assets            
Total available-for-sale fixed maturity securities 45,274   41,779      
Equity securities 25   37      
Real estate at fair value 0   0      
Real estate partnerships at fair value 0   0      
Investment funds 0   0      
Short-term investments 875   821      
Derivative assets 913   1,118      
Collaterals received on derivatives (excluding excess collateral) 0   0      
Separately managed accounts 0   0      
Other 3   11      
Cash and cash equivalents 0   0      
Other assets – market risk benefit assets 0   0      
Separate account assets 316   1,054      
Total financial assets 47,406   44,820      
Financial liabilities            
Policyholders’ account balances – embedded derivative 0   0      
Market risk benefits 0   0      
Funds withheld for reinsurance liabilities – embedded derivatives 0   0      
Other liabilities – derivative liabilities 101          
Separate account liabilities 316   1,054      
Total financial liabilities 417   1,054      
Level 2 | U.S. treasury and government            
Financial assets            
Total available-for-sale fixed maturity securities 14   10      
Level 2 | U.S. state and municipal            
Financial assets            
Total available-for-sale fixed maturity securities 3,066   3,151      
Level 2 | Foreign governments            
Financial assets            
Total available-for-sale fixed maturity securities 1,318   1,541      
Level 2 | Corporate debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 34,124   30,192      
Level 2 | Residential mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 980   1,087      
Level 2 | Commercial mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 3,222   2,721      
Level 2 | Collateralized debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 2,550   3,077      
Level 2 | Common stock            
Financial assets            
Equity securities 2   25      
Level 2 | Preferred stock            
Financial assets            
Equity securities 23   12      
Level 2 | Private equity and other            
Financial assets            
Equity securities 0   0      
Level 3            
Financial assets            
Total available-for-sale fixed maturity securities 3,578   5,437      
Equity securities 460   477      
Real estate at fair value 1,271   1,283      
Real estate partnerships at fair value 1,712   932      
Investment funds 141   124      
Short-term investments 482   353      
Derivative assets 188   223      
Collaterals received on derivatives (excluding excess collateral) 0   0      
Separately managed accounts 61   71      
Other 213   304      
Cash and cash equivalents 0   0      
Other assets – market risk benefit assets 1,035   857      
Separate account assets 0   0      
Total financial assets 9,141   10,061      
Financial liabilities            
Policyholders’ account balances – embedded derivative 6,257   1,123      
Market risk benefits 4,227   3,655      
Funds withheld for reinsurance liabilities – embedded derivatives 63   37      
Other liabilities – derivative liabilities 0          
Separate account liabilities 0   0      
Total financial liabilities 10,547   4,815      
Level 3 | U.S. treasury and government            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 3 | U.S. state and municipal            
Financial assets            
Total available-for-sale fixed maturity securities 55   56      
Level 3 | Foreign governments            
Financial assets            
Total available-for-sale fixed maturity securities 0   0      
Level 3 | Corporate debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 764   2,656      
Level 3 | Residential mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 19   19      
Level 3 | Commercial mortgage-backed securities            
Financial assets            
Total available-for-sale fixed maturity securities 37   75      
Level 3 | Collateralized debt securities            
Financial assets            
Total available-for-sale fixed maturity securities 2,703   2,631      
Level 3 | Common stock            
Financial assets            
Equity securities 57   116      
Level 3 | Preferred stock            
Financial assets            
Equity securities 403   357      
Level 3 | Private equity and other            
Financial assets            
Equity securities 0   4      
Fair Value Measured at Net Asset Value Per Share            
Financial assets            
Investment funds $ 351   $ 353