Asset Management Fees (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents the sources of asset management fees on a consolidated basis through the end of December 31, 2023.

Asset Management Fees

	Year Ended December 31,
	2023 (1)		2022		2021
	(in millions)
Management fees	$	21	$	53	$	65
Performance fees	18		19		1
Reimbursable fund expenses	14		21		22
Total asset management fees	$	53	$	93	$	88

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(1)    Represents asset management fees associated with the AssuredIM consolidated business for the first half of 2023, prior to the Sound Point Transaction and AHP Transaction.