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Reinsurance - Gains and Losses on Funds Withheld Reinsurance Treaties (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Available-for-sale securities        
Realized gains on sale $ 2 $ 5 $ 6 $ 29
Realized losses on sale (18) (63) (43) (241)
Credit loss expense on mortgage loans (16) 4 (67) 14
Net gains (losses) on derivative instruments     (4,730) 1,497 [1]
Net gains (losses) on funds withheld payable under reinsurance treaties     (807) 2,105 [1]
Embedded derivative gain (loss) (1,973) 4,343 (5,010) 4,209
Funds withheld assets        
Available-for-sale securities        
Realized gains on sale 11 3 16 40
Realized losses on sale (10) (4) (48) (31)
Credit loss expense 13 (12) 2 (40)
Credit loss expense on mortgage loans (4) 13 (7) 11
Other 3 (43) 12 (59)
Net gains (losses) on non-derivative investments 13 (43) (25) (79)
Net gains (losses) on derivative instruments (14) 63 (23) 84
Net gains (losses) on funds withheld payable under reinsurance treaties (133) 1,057 (759) 2,100
Total net gains (losses) on derivatives and investments (134) 1,077 (807) 2,105
Derivatives related to funds withheld under reinsurance treaties        
Available-for-sale securities        
Embedded derivative gain (loss) 99 1,410 (280) 2,712
Derivatives related to funds withheld under reinsurance treaties | Funds withheld embedded derivative        
Available-for-sale securities        
Embedded derivative gain (loss) $ 113 $ 1,347 $ (257) $ 2,628
[1] (1) Recast for the adoption of ASU 2018-12. See Notes 1 and 2 to the Condensed Consolidated Financial Statements.