XML 112 R91.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value Measurements - Level 3 Rollforwards (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Purchases, sales, issuances and settlements $ 554,000,000 $ 28,000,000
Transfers in and/or (out of ) Level 3 9,000,000 0
Embedded derivative assets (liabilities)    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value (2,626,000,000) (5,592,000,000)
Total Realized/Unrealized Gains (Losses) Included in Net Income 4,780,000,000 2,966,000,000
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0 0
Purchases, sales, issuances and settlements 0 0
Transfers in and/or (out of ) Level 3 0 0
Fair Value 2,154,000,000 (2,626,000,000)
Funds withheld payable under reinsurance treaties    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value (3,759,000,000) (4,453,000,000)
Total Realized/Unrealized Gains (Losses) Included in Net Income 3,249,000,000 708,000,000
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0 0
Purchases, sales, issuances and settlements 86,000,000 (14,000,000)
Transfers in and/or (out of ) Level 3 0 0
Fair Value (424,000,000) (3,759,000,000)
Debt securities | Corporate securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 9,000,000 29,000,000
Total Realized/Unrealized Gains (Losses) Included in Net Income 0 2,000,000
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income (13,000,000) 0
Purchases, sales, issuances and settlements 12,000,000 10,000,000
Transfers in and/or (out of ) Level 3 48,000,000 (32,000,000)
Fair Value 56,000,000 9,000,000
Equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 112,000,000 104,000,000
Total Realized/Unrealized Gains (Losses) Included in Net Income 7,000,000 14,000,000
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0 0
Purchases, sales, issuances and settlements 3,000,000 (6,000,000)
Transfers in and/or (out of ) Level 3 0 0
Fair Value 122,000,000 112,000,000
Mortgage loans, at fair value under the fair value option    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 0  
Total Realized/Unrealized Gains (Losses) Included in Net Income (7,000,000)  
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0  
Purchases, sales, issuances and settlements 589,000,000  
Transfers in and/or (out of ) Level 3 0  
Fair Value 582,000,000 0
Limited partnerships    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 396,000,000 313,000,000
Total Realized/Unrealized Gains (Losses) Included in Net Income 8,000,000 74,000,000
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0 0
Purchases, sales, issuances and settlements 27,000,000 9,000,000
Transfers in and/or (out of ) Level 3 9,000,000 0
Fair Value 440,000,000 396,000,000
GMIB reinsurance recoverable    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 262,000,000 340,000,000
Total Realized/Unrealized Gains (Losses) Included in Net Income (92,000,000) (78,000,000)
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0 0
Purchases, sales, issuances and settlements 0 0
Transfers in and/or (out of ) Level 3 0 0
Fair Value 170,000,000 262,000,000
Policy loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair Value 3,467,000,000 3,454,000,000
Total Realized/Unrealized Gains (Losses) Included in Net Income 29,000,000 (2,000,000)
Total Realized/Unrealized Gains (Losses) Included in Other Comprehensive Income 0 0
Purchases, sales, issuances and settlements (77,000,000) 15,000,000
Transfers in and/or (out of ) Level 3 0 0
Fair Value $ 3,419,000,000 $ 3,467,000,000