XML 59 R48.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Claim and Claim Adjustment Expense Reserves (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2010
Liability for Claims and Claims Adjustment Expense [Line Items]        
Unusual or infrequent item, or both, net of insurance proceeds $ 88 $ 52    
Retroactive reinsurance benefit recognized 12 $ 8    
Cumulative amounts ceded under AEP Loss Portfolio Transfer 3,600   $ 3,600  
Asbestos and Environmental Reserves        
Liability for Claims and Claims Adjustment Expense [Line Items]        
Net A&EP claim and allocated claim adjustment expense reserves ceded to NICO       $ 1,600
Aggregate limit under A&EP Loss Portfolio Transfer       4,000
A&EP claim and allocated claim adjustment expense reserves ceded under existing third party reinsurance contracts transferred to NICO under A&EP Loss Portfolio Transfer       1,200
Reinsurance premium paid to NICO under A&EP Loss Portfolio Transfer       2,000
Net reinsurance receivables transferred to NICO under A&EP Loss Portfolio Transfer       215
Total consideration paid to NICO under AEP Loss Portfolio Transfer       $ 2,200
Deferred reinsurance benefit yet to be recognized 405   $ 417  
Fair value of collateral trust account established by NICO under A&EP Loss Portfolio Transfer $ 2,600