XML 107 R85.htm IDEA: XBRL DOCUMENT v3.22.4
FAIR VALUE MEASUREMENTS - Fair Value Hierarchy Levels of Assets by Pricing Source, Securities Carried at Fair Value (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities $ 75,741 $ 98,696
Equity securities 1,091 1,603
Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 24,158 32,532
Equity securities 822 1,340
Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 49,805 64,866
Equity securities 60 90
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 1,778 1,298
Equity securities 209 173
Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 882 1,430
Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 822 1,340
Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 60 90
Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 0 0
Broker/other    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 209 173
Broker/other | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 0 0
Broker/other | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 0 0
Broker/other | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Equity securities 209 173
Government and agencies    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 25,114 33,820
Government and agencies | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 24,158 32,532
Government and agencies | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 956 1,288
Government and agencies | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Government and agencies | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 24,740 33,340
Government and agencies | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 24,158 32,532
Government and agencies | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 582 808
Government and agencies | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Government and agencies | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 374 480
Government and agencies | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Government and agencies | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 374 480
Government and agencies | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Municipalities    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 2,320 3,036
Municipalities | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Municipalities | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 2,320 3,036
Municipalities | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Municipalities | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 2,021 2,222
Municipalities | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Municipalities | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 2,021 2,222
Municipalities | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Municipalities | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 299 814
Municipalities | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Municipalities | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 299 814
Municipalities | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Mortgage- and asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 2,146 1,246
Mortgage- and asset-backed securities | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Mortgage- and asset-backed securities | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 1,803 955
Mortgage- and asset-backed securities | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 343 291
Mortgage- and asset-backed securities | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 1,798 955
Mortgage- and asset-backed securities | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Mortgage- and asset-backed securities | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 1,798 955
Mortgage- and asset-backed securities | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Mortgage- and asset-backed securities | Consensus pricing valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 343 291
Mortgage- and asset-backed securities | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 3  
Mortgage- and asset-backed securities | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0  
Mortgage- and asset-backed securities | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 3  
Mortgage- and asset-backed securities | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0  
Mortgage- and asset-backed securities | Broker/other    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 345 291
Mortgage- and asset-backed securities | Broker/other | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Mortgage- and asset-backed securities | Broker/other | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 2 0
Mortgage- and asset-backed securities | Broker/other | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 343 291
Public utilities    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 7,666 10,051
Public utilities | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 7,169 9,558
Public utilities | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 497 493
Public utilities | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 3,786 4,527
Public utilities | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 3,786 4,527
Public utilities | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Discounted cash flow technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 497 493
Public utilities | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 3,383 5,031
Public utilities | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 3,383 5,031
Public utilities | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Broker/other    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 497 493
Public utilities | Broker/other | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Broker/other | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Public utilities | Broker/other | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 497 493
Sovereign and supranational    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 834 1,115
Sovereign and supranational | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 797 1,072
Sovereign and supranational | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 37 43
Sovereign and supranational | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 232 273
Sovereign and supranational | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 232 273
Sovereign and supranational | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Consensus pricing valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 37 43
Sovereign and supranational | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 565 799
Sovereign and supranational | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 565 799
Sovereign and supranational | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Broker/other    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 37 43
Sovereign and supranational | Broker/other | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Broker/other | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Sovereign and supranational | Broker/other | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 37 43
Banks/financial institutions    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 9,299 11,591
Banks/financial institutions | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Banks/financial institutions | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 9,140 11,546
Banks/financial institutions | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 159 45
Banks/financial institutions | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 4,622 5,237
Banks/financial institutions | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Banks/financial institutions | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 4,622 5,237
Banks/financial institutions | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Banks/financial institutions | Consensus pricing valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities   45
Banks/financial institutions | Discounted cash flow technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 159  
Banks/financial institutions | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 4,623 6,309
Banks/financial institutions | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Banks/financial institutions | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 4,518 6,309
Banks/financial institutions | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 105 0
Banks/financial institutions | Broker/other    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 54 45
Banks/financial institutions | Broker/other | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Banks/financial institutions | Broker/other | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Banks/financial institutions | Broker/other | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 54 45
Other corporate    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 28,362 37,837
Other corporate | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Other corporate | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 27,620 37,411
Other corporate | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 742 426
Other corporate | Third party pricing vendor valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 22,268 29,495
Other corporate | Third party pricing vendor valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Other corporate | Third party pricing vendor valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 22,268 29,495
Other corporate | Third party pricing vendor valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Other corporate | Discounted cash flow technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 742 426
Other corporate | Internal valuation technique    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 5,552 7,916
Other corporate | Internal valuation technique | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Other corporate | Internal valuation technique | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 5,352 7,916
Other corporate | Internal valuation technique | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 200 0
Other corporate | Broker/other    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 542 426
Other corporate | Broker/other | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Other corporate | Broker/other | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities 0 0
Other corporate | Broker/other | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]    
Available for sale, fixed maturity securities $ 542 $ 426