Schedule V. Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule V. Valuation and Qualifying Accounts

SCHEDULE V. VALUATION AND QUALIFYING ACCOUNTS

(In millions)	Balance at Beginning of Period		Charged to Costs and Expenses		Charged to Other Accounts		Deductions		Balance at End of Period
Year ended December 31, 2023
Allowance for uncollectible:
Mortgage loan receivables	$	24	$	—	$	11	$	—	$	35
Insurance and reinsurance receivables	$	51	$	11	$	—	$	(12)	$	50
Allowance for credit losses:
Fixed maturity securities	$	1	$	—	$	44	$	(29)	$	16
Year ended December 31, 2022
Allowance for uncollectible:
Mortgage loan receivables	$	16	$	—	$	8	$	—	$	24
Insurance and reinsurance receivables	$	50	$	8	$	—	$	(7)	$	51
Allowance for credit losses:
Fixed maturity securities	$	18	$	—	$	4	$	(21)	$	1
Year ended December 31, 2021
Allowance for uncollectible:
Mortgage loan receivables	$	26	$	—	$	(10)	$	—	$	16
Insurance and reinsurance receivables	$	54	$	4	$	—	$	(8)	$	50
Allowance for credit losses:
Fixed maturity securities	$	40	$	—	$	30	$	(52)	$	18

Effects of foreign currency translation, changes in the estimate of the allowance for uncollectible mortgage loan receivables, increases in the estimate of the allowance for credit losses on fixed maturity securities and allowances established with respect to assets purchased with credit deterioration are presented within the Charged to Other Accounts column in the table above. Write-offs of uncollectible amounts and reductions to the allowance for credit losses due to securities sold during the period or the reversal for securities that had an allowance recorded in a previous period are presented within the Deductions column in the table above.