FAIR VALUE MEASUREMENTS - Valuation Methodologies and Significant Unobservable Inputs (Details)
|
6 Months Ended |
|
Jun. 30, 2023
USD ($)
$ / Boe
|
Dec. 31, 2022
USD ($)
|
Level III Liabilities |
|
|
Embedded derivative, fair value |
$ 3,300,000,000
|
$ 2,200,000,000
|
Insurance |
|
|
Level III Assets |
|
|
Reinsurance recoverable, fair value |
26,127,424,000
|
26,022,081,000
|
Level III Liabilities |
|
|
Funds withheld payable at interest |
$ 819,014,000
|
$ 1,059,820,000
|
Yield Analysis | Asset Management | Weighted Average | Yield |
|
|
Level III Liabilities |
|
|
Unfunded revolving commitments, measurement input |
0.127
|
|
Level III | Asset Management |
|
|
Level III Assets |
|
|
Private equity, fair value |
$ 28,606,221,000
|
|
Credit, fair value |
5,372,882,000
|
|
Real assets, fair value |
20,307,579,000
|
|
Other investments, fair value |
3,670,330,000
|
|
Level III Liabilities |
|
|
Unfunded revolving commitments, fair value |
110,106,000
|
|
Level III | Asset Management | Equity Method - Other | Investments |
|
|
Level III Assets |
|
|
Equity method - other, fair value |
1,695,170,000
|
|
Level III | Insurance |
|
|
Level III Assets |
|
|
Other investments, fair value |
4,825,147,000
|
|
Funds withheld receivables at interest |
(3,833,000)
|
|
Reinsurance recoverable, fair value |
988,639,000
|
|
Level III Liabilities |
|
|
Policy liabilities, fair value |
1,181,368,000
|
|
Closed block policy liabilities, fair value |
1,026,339,000
|
|
Funds withheld payable at interest |
(3,090,373,000)
|
|
Level III | Insurance | Interest sensitive life |
|
|
Level III Liabilities |
|
|
Embedded derivative, fair value |
447,005,000
|
|
Level III | Insurance | Fixed-indexed annuity |
|
|
Level III Liabilities |
|
|
Embedded derivative, fair value |
$ 2,815,783,000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.471
|
|
Other investments, measurement input |
0.151
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.372
|
|
Other investments, measurement input |
0.483
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.157
|
|
Other investments, measurement input |
0.366
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Illiquidity Discount |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.066
|
|
Other investments, measurement input |
0.084
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.000
|
|
Other investments, measurement input |
0.000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.000
|
|
Other investments, measurement input |
0.000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.000
|
|
Other investments, measurement input |
0.000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.050
|
|
Other investments, measurement input |
0.050
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
1.000
|
|
Other investments, measurement input |
1.000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.500
|
|
Other investments, measurement input |
1.000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
1.000
|
|
Other investments, measurement input |
1.000
|
|
Level III | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.100
|
|
Other investments, measurement input |
0.150
|
|
Level III | Market comparables | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
14.1
|
|
Other investments, measurement input |
10.1
|
|
Level III | Market comparables | Asset Management | Weighted Average | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
11.2
|
|
Other investments, measurement input |
9.8
|
|
Level III | Market comparables | Asset Management | Minimum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
3.0
|
|
Other investments, measurement input |
5.8
|
|
Level III | Market comparables | Asset Management | Minimum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
4.1
|
|
Other investments, measurement input |
0.0
|
|
Level III | Market comparables | Asset Management | Maximum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
20.4
|
|
Other investments, measurement input |
22.0
|
|
Level III | Market comparables | Asset Management | Maximum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
18.8
|
|
Other investments, measurement input |
19.1
|
|
Level III | Discounted cash flow | Asset Management | Weighted Average | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.104
|
|
Other investments, measurement input |
0.110
|
|
Level III | Discounted cash flow | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
11.0
|
|
Other investments, measurement input |
12.2
|
|
Level III | Discounted cash flow | Asset Management | Minimum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.070
|
|
Other investments, measurement input |
0.093
|
|
Level III | Discounted cash flow | Asset Management | Minimum | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
9.5
|
|
Other investments, measurement input |
8.5
|
|
Level III | Discounted cash flow | Asset Management | Maximum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
0.155
|
|
Other investments, measurement input |
0.250
|
|
Level III | Discounted cash flow | Asset Management | Maximum | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Equity method - other, measurement input |
15.0
|
|
Other investments, measurement input |
15.0
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Vacancy rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0270
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Duration/Weighted Average Life |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input, term |
8 years 2 months 8 days
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input, term |
8 years 1 month 20 days
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Contractholder Persistency |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input |
0.0675
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input |
0.0675
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Instrument-specific credit risk |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input |
0.0121
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input |
0.0121
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Mortality Rate |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.0552
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0552
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Surrender Rate |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.0200
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0200
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Discount rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0742
|
|
Level III | Discounted cash flow | Insurance | Weighted Average | Terminal capitalization rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0595
|
|
Level III | Discounted cash flow | Insurance | Minimum | Vacancy rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.000000
|
|
Level III | Discounted cash flow | Insurance | Minimum | Duration/Weighted Average Life |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input, term |
0 years
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input, term |
0 years
|
|
Level III | Discounted cash flow | Insurance | Minimum | Contractholder Persistency |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input |
0.0330
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input |
0.0330
|
|
Level III | Discounted cash flow | Insurance | Minimum | Instrument-specific credit risk |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input |
0.0075
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input |
0.0075
|
|
Level III | Discounted cash flow | Insurance | Minimum | Discount rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0600
|
|
Level III | Discounted cash flow | Insurance | Minimum | Terminal capitalization rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0475
|
|
Level III | Discounted cash flow | Insurance | Maximum | Vacancy rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0500
|
|
Level III | Discounted cash flow | Insurance | Maximum | Duration/Weighted Average Life |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input, term |
19 years 4 months 24 days
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input, term |
16 years 8 months 26 days
|
|
Level III | Discounted cash flow | Insurance | Maximum | Contractholder Persistency |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input |
0.1680
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input |
0.1680
|
|
Level III | Discounted cash flow | Insurance | Maximum | Instrument-specific credit risk |
|
|
Level III Assets |
|
|
Funds withheld receivable at interest, measurement input |
0.0130
|
|
Level III Liabilities |
|
|
Funds withheld payable at interest, measurement input |
0.0130
|
|
Level III | Discounted cash flow | Insurance | Maximum | Discount rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0767
|
|
Level III | Discounted cash flow | Insurance | Maximum | Terminal capitalization rate |
|
|
Level III Assets |
|
|
Other investments, measurement input |
0.0665
|
|
Level III | Yield Analysis | Asset Management | Weighted Average | Yield |
|
|
Level III Assets |
|
|
Credit, measurement input |
0.116
|
|
Level III | Yield Analysis | Asset Management | Weighted Average | Net Leverage |
|
|
Level III Assets |
|
|
Credit, measurement input |
6.2
|
|
Level III | Yield Analysis | Asset Management | Weighted Average | EBITDA Multiple |
|
|
Level III Assets |
|
|
Credit, measurement input |
12.5
|
|
Level III | Yield Analysis | Asset Management | Minimum | Yield |
|
|
Level III Assets |
|
|
Credit, measurement input |
0.085
|
|
Level III Liabilities |
|
|
Unfunded revolving commitments, measurement input |
0.092
|
|
Level III | Yield Analysis | Asset Management | Minimum | Net Leverage |
|
|
Level III Assets |
|
|
Credit, measurement input |
0.3
|
|
Level III | Yield Analysis | Asset Management | Minimum | EBITDA Multiple |
|
|
Level III Assets |
|
|
Credit, measurement input |
0.2
|
|
Level III | Yield Analysis | Asset Management | Maximum | Yield |
|
|
Level III Assets |
|
|
Credit, measurement input |
0.211
|
|
Level III Liabilities |
|
|
Unfunded revolving commitments, measurement input |
0.230
|
|
Level III | Yield Analysis | Asset Management | Maximum | Net Leverage |
|
|
Level III Assets |
|
|
Credit, measurement input |
13.8
|
|
Level III | Yield Analysis | Asset Management | Maximum | EBITDA Multiple |
|
|
Level III Assets |
|
|
Credit, measurement input |
31.0
|
|
Level III | Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. | Insurance | Measurement Input, Annual Inflation Rate |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.0250
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0250
|
|
Level III | Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. | Insurance | Weighted Average | Expense assumption |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input, expense per policy (in dollars per share) |
$ 17.3
|
|
Level III Liabilities |
|
|
Closed block liabilities, measurement input, value |
17.3
|
|
Level III | Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. | Insurance | Minimum | Expense assumption |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input, expense per policy (in dollars per share) |
8.23
|
|
Level III Liabilities |
|
|
Closed block liabilities, measurement input, value |
8.23
|
|
Level III | Present value of expenses paid from the open block plus the cost of capital held in support of the liabilities. | Insurance | Maximum | Expense assumption |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input, expense per policy (in dollars per share) |
78.00
|
|
Level III Liabilities |
|
|
Closed block liabilities, measurement input, value |
$ 78.00
|
|
Level III | Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. | Insurance | Weighted Average | Expense risk margin |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.0942
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0942
|
|
Level III | Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. | Insurance | Weighted Average | Cost of capital |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.098
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.098
|
|
Level III | Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. | Insurance | Minimum | Cost of capital |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.0369
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0369
|
|
Level III | Unobservable inputs are a market participant’s view of the expenses, a risk margin on the uncertainty of the level of expenses and a cost of capital on the capital held in support of the liabilities. | Insurance | Maximum | Cost of capital |
|
|
Level III Assets |
|
|
Reinsurance recoverable, measurement input |
0.1385
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.1385
|
|
Level III | Present value of best estimate liability cash flows. Unobservable inputs include a market participant view of the risk margin included in the discount rate which reflects the variability of the cash flows. | Insurance | Weighted Average | Risk Margin Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0112
|
|
Level III | Present value of best estimate liability cash flows. Unobservable inputs include a market participant view of the risk margin included in the discount rate which reflects the variability of the cash flows. | Insurance | Minimum | Risk Margin Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0075
|
|
Level III | Present value of best estimate liability cash flows. Unobservable inputs include a market participant view of the risk margin included in the discount rate which reflects the variability of the cash flows. | Insurance | Maximum | Risk Margin Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0160
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Weighted Average | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0446
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Weighted Average | Surrender Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0616
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Weighted Average | Lapse Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0320
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Minimum | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0350
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Minimum | Surrender Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0347
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Minimum | Lapse Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0040
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Maximum | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0909
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Maximum | Surrender Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0714
|
|
Level III | Policyholder behavior is also a significant unobservable input, including lapse, surrender and mortality. | Insurance | Maximum | Lapse Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.4480
|
|
Level III | Valuation Technique, Market Risk Benefit, Interest Rates, 10 Year | Insurance | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0381
|
|
Level III | Valuation Technique, Market Risk Benefit, Interest Rates, 30 Year | Insurance | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0385
|
|
Level III | Valuation Technique, Market Risk Benefit, Instrument-Specific Credit Risk, 10 Year | Insurance | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0118
|
|
Level III | Valuation Technique, Market Risk Benefit, Instrument-Specific Credit Risk, 30 Year | Insurance | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0130
|
|
Level III | Valuation Technique, Market Risk Benefit, Policyholder Behavior | Insurance | Weighted Average | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0210
|
|
Level III | Valuation Technique, Market Risk Benefit, Policyholder Behavior | Insurance | Minimum | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.0070
|
|
Level III | Valuation Technique, Market Risk Benefit, Policyholder Behavior | Insurance | Maximum | Mortality Rate |
|
|
Level III Liabilities |
|
|
Policy liabilities, measurement input |
0.2220
|
|
Level III | Instrument-specific credit risk | Insurance | Weighted Average |
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0121
|
|
Level III | Instrument-specific credit risk | Insurance | Minimum |
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0075
|
|
Level III | Instrument-specific credit risk | Insurance | Maximum |
|
|
Level III Liabilities |
|
|
Closed block policy liabilities, measurement input |
0.0130
|
|
Level III | Policy persistency is a significant unobservable input. | Insurance | Weighted Average | Interest sensitive life | Mortality Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0077
|
|
Level III | Policy persistency is a significant unobservable input. | Insurance | Weighted Average | Interest sensitive life | Lapse Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0340
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Weighted Average | Interest sensitive life | Instrument-specific credit risk |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0121
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Weighted Average | Interest sensitive life | Option Budge Assumption |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0367
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Weighted Average | Variable annuities | Instrument-specific credit risk |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0121
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Weighted Average | Institutional FIA | Mortality Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0286
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Weighted Average | Retail RIA | Option Budge Assumption |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0226
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Minimum | Interest sensitive life | Instrument-specific credit risk |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0075
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Minimum | Variable annuities | Instrument-specific credit risk |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0075
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Maximum | Interest sensitive life | Instrument-specific credit risk |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0130
|
|
Level III | Future costs for options used to hedge the contract obligations | Insurance | Maximum | Variable annuities | Instrument-specific credit risk |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0130
|
|
Level III | Policyholder behavior is a significant unobservable input, including utilization and lapse. | Insurance | Weighted Average | Fixed-indexed annuity | Mortality Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0214
|
|
Level III | Policyholder behavior is a significant unobservable input, including utilization and lapse. | Insurance | Weighted Average | Fixed-indexed annuity | Surrender Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.1160
|
|
Level III | Policyholder behavior is a significant unobservable input, including utilization and lapse. | Insurance | Weighted Average | Fixed-indexed annuity | Utilization |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0341
|
|
Level III | Policyholder behavior is a significant unobservable input, including utilization and lapse. | Insurance | Weighted Average | Institutional FIA | Mortality Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.0194
|
|
Level III | Policyholder behavior is a significant unobservable input, including utilization and lapse. | Insurance | Weighted Average | Institutional FIA | Surrender Rate |
|
|
Level III Liabilities |
|
|
Embedded derivative, measurement input |
0.1642
|
|
Level III | Private Equity | Asset Management |
|
|
Level III Assets |
|
|
Private equity, fair value |
$ 25,952,540,000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.279
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.659
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.062
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Illiquidity Discount |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.062
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.050
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Private equity, measurement input |
1.000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Private equity, measurement input |
1.000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Private equity, measurement input |
1.000
|
|
Level III | Private Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.150
|
|
Level III | Private Equity | Market comparables | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
19.0
|
|
Level III | Private Equity | Market comparables | Asset Management | Weighted Average | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
16.9
|
|
Level III | Private Equity | Market comparables | Asset Management | Minimum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
7.5
|
|
Level III | Private Equity | Market comparables | Asset Management | Minimum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
5.0
|
|
Level III | Private Equity | Market comparables | Asset Management | Maximum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
55.3
|
|
Level III | Private Equity | Market comparables | Asset Management | Maximum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
31.2
|
|
Level III | Private Equity | Discounted cash flow | Asset Management | Weighted Average | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.099
|
|
Level III | Private Equity | Discounted cash flow | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
14.5
|
|
Level III | Private Equity | Discounted cash flow | Asset Management | Minimum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.066
|
|
Level III | Private Equity | Discounted cash flow | Asset Management | Minimum | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
6.0
|
|
Level III | Private Equity | Discounted cash flow | Asset Management | Maximum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Private equity, measurement input |
0.138
|
|
Level III | Private Equity | Discounted cash flow | Asset Management | Maximum | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Private equity, measurement input |
27.6
|
|
Level III | Growth Equity | Asset Management |
|
|
Level III Assets |
|
|
Growth equity, fair value disclosure |
$ 2,653,681,000
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.280
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.053
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Illiquidity Discount |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.090
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Milestones |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.667
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.000
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.000
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.050
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Milestones |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.000
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
1.000
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.500
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.150
|
|
Level III | Growth Equity | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Milestones |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
1.000
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Weighted Average | Base |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.767
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Weighted Average | Downside |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.100
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Weighted Average | Upside |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.183
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Minimum | Base |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.700
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Minimum | Downside |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.100
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Minimum | Upside |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.100
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Maximum | Base |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.800
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Maximum | Downside |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.100
|
|
Level III | Growth Equity | Scenario Weighting | Asset Management | Maximum | Upside |
|
|
Level III Assets |
|
|
Growth equity, measurement input |
0.250
|
|
Level III | Energy | Asset Management |
|
|
Level III Assets |
|
|
Real assets, fair value |
$ 1,561,688,000
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.425
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.575
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.500
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.500
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
1.000
|
|
Level III | Energy | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Energy | Market comparables | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
3.0
|
|
Level III | Energy | Market comparables | Asset Management | Weighted Average | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
6.5
|
|
Level III | Energy | Market comparables | Asset Management | Minimum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
3.0
|
|
Level III | Energy | Market comparables | Asset Management | Minimum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
4.1
|
|
Level III | Energy | Market comparables | Asset Management | Maximum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
3.0
|
|
Level III | Energy | Market comparables | Asset Management | Maximum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
7.4
|
|
Level III | Energy | Discounted cash flow | Liquids |
|
|
Level III Assets |
|
|
Revenue ratio of liquids |
88.00%
|
|
Level III | Energy | Discounted cash flow | Natural Gas |
|
|
Level III Assets |
|
|
Revenue ratio of natural gas |
12.00%
|
|
Level III | Energy | Discounted cash flow | Asset Management | Weighted Average | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.120
|
|
Level III | Energy | Discounted cash flow | Asset Management | Weighted Average | Average Price Per BOE |
|
|
Level III Assets |
|
|
Real assets, measurement input, value | $ / Boe |
50.01
|
|
Level III | Energy | Discounted cash flow | Asset Management | Minimum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.118
|
|
Level III | Energy | Discounted cash flow | Asset Management | Minimum | Average Price Per BOE |
|
|
Level III Assets |
|
|
Real assets, measurement input, value | $ / Boe |
44.91
|
|
Level III | Energy | Discounted cash flow | Asset Management | Maximum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.125
|
|
Level III | Energy | Discounted cash flow | Asset Management | Maximum | Average Price Per BOE |
|
|
Level III Assets |
|
|
Real assets, measurement input, value | $ / Boe |
55.11
|
|
Level III | Infrastructure | Asset Management |
|
|
Level III Assets |
|
|
Real assets, fair value |
$ 10,406,642,000
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.015
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.854
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.131
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
10.7
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Weighted Average | Illiquidity Discount |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.055
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
10.7
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Minimum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.050
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Market Comparables |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.250
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
1.000
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
1.000
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Enterprise Value/LTM EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
10.7
|
|
Level III | Infrastructure | Inputs to market comparables, discounted cash flow and transaction price | Asset Management | Maximum | Illiquidity Discount |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.100
|
|
Level III | Infrastructure | Market comparables | Asset Management | Weighted Average | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
14.5
|
|
Level III | Infrastructure | Market comparables | Asset Management | Minimum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
10.3
|
|
Level III | Infrastructure | Market comparables | Asset Management | Maximum | Enterprise Value/Forward EBITDA Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
20.5
|
|
Level III | Infrastructure | Discounted cash flow | Asset Management | Weighted Average | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.077
|
|
Level III | Infrastructure | Discounted cash flow | Asset Management | Weighted Average | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
16.9
|
|
Level III | Infrastructure | Discounted cash flow | Asset Management | Minimum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.051
|
|
Level III | Infrastructure | Discounted cash flow | Asset Management | Minimum | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
10.0
|
|
Level III | Infrastructure | Discounted cash flow | Asset Management | Maximum | Weighted Average Cost of Capital |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.101
|
|
Level III | Infrastructure | Discounted cash flow | Asset Management | Maximum | Enterprise Value/LTM EBITDA Exit Multiple |
|
|
Level III Assets |
|
|
Real assets, measurement input |
22.0
|
|
Level III | Real Estate | Asset Management |
|
|
Level III Assets |
|
|
Real assets, fair value |
$ 8,339,249,000
|
|
Level III | Real Estate | Discounted cash flow | Asset Management | Weighted Average | Unlevered Discount Rate |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.070
|
|
Level III | Real Estate | Discounted cash flow | Asset Management | Minimum | Unlevered Discount Rate |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.026
|
|
Level III | Real Estate | Discounted cash flow | Asset Management | Maximum | Unlevered Discount Rate |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.180
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.712
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.067
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Weighted Average | Weight Ascribed to Direct Income Capitalization |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.221
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Minimum | Weight Ascribed to Direct Income Capitalization |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.000
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Discounted Cash Flow |
|
|
Level III Assets |
|
|
Real assets, measurement input |
1.000
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Transaction Price |
|
|
Level III Assets |
|
|
Real assets, measurement input |
1.000
|
|
Level III | Real Estate | Inputs to direct income capitalization, discounted cash flow and transaction price | Asset Management | Maximum | Weight Ascribed to Direct Income Capitalization |
|
|
Level III Assets |
|
|
Real assets, measurement input |
1.000
|
|
Level III | Real Estate | Direct income capitalization | Asset Management | Weighted Average | Current Capitalization Rate |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.053
|
|
Level III | Real Estate | Direct income capitalization | Asset Management | Minimum | Current Capitalization Rate |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.020
|
|
Level III | Real Estate | Direct income capitalization | Asset Management | Maximum | Current Capitalization Rate |
|
|
Level III Assets |
|
|
Real assets, measurement input |
0.084
|
|
Level III | AFS corporate securities | Insurance |
|
|
Level III Assets |
|
|
Securities, fair value |
$ 1,342,594,000
|
|
Level III | AFS corporate securities | Discounted cash flow | Insurance | Weighted Average | Discount Spread |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0375
|
|
Level III | AFS corporate securities | Discounted cash flow | Insurance | Minimum | Discount Spread |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0135
|
|
Level III | AFS corporate securities | Discounted cash flow | Insurance | Maximum | Discount Spread |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0593
|
|
Level III | Structured securities | Insurance |
|
|
Level III Assets |
|
|
Securities, fair value |
$ 89,461,000
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Weighted Average | Loss Severity |
|
|
Level III Assets |
|
|
Securities, measurement input |
1
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Weighted Average | Discount Spread |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0378
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Weighted Average | Constant Prepayment Rate |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0690
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Weighted Average | Constant Default Rate |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0118
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Minimum | Discount Spread |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0330
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Minimum | Constant Prepayment Rate |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0500
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Minimum | Constant Default Rate |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0100
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Maximum | Discount Spread |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0663
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Maximum | Constant Prepayment Rate |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.1500
|
|
Level III | Structured securities | Discounted cash flow | Insurance | Maximum | Constant Default Rate |
|
|
Level III Assets |
|
|
Securities, measurement input |
0.0250
|
|