Premiums Receivable and Other Insurance Assets (Details) - USD ($) $ in Millions |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Premiums Receivable Disclosure [Abstract] | ||
Prepaid reinsurance premiums | $ 553 | $ 549 |
Reinsurance recoverable on unpaid losses | 72 | 81 |
Reinsurance recoverable on paid losses | 26 | 23 |
Premiums receivable | 114 | 97 |
Deferred policy acquisition costs | 1,933 | 1,974 |
Total premiums receivable and other insurance assets | $ 2,698 | $ 2,724 |
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- Definition Premiums receivable and other insurance assets include deferred policy acquisition costs, reinsurance recoverable on paid and unpaid losses, premiums receivable, and prepaid reinsurance premiums. No definition available.
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- Definition Amount of deferred policy acquisition cost capitalized on contract remaining in force. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The unexpired portion of premiums ceded on policies in force as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before valuation allowance of reinsurance recoverables on paid losses. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before valuation allowance of reinsurance recoverables for losses reported to the ceding insurer but not yet paid, and for amounts expected based upon statistical projections and other measures of incurred losses and loss settlement expenses which have not yet been reported to the ceding insurer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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