Deferred Policy Acquisition Costs - Rollforward of DAC (Details) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward] | |||
Balance, beginning of year | $ 2,117 | $ 2,343 | $ 2,473 |
Capitalization | 3,519 | 4,157 | 3,732 |
Amortization expense | (3,425) | (3,771) | (3,545) |
Other, including foreign exchange | (146) | (34) | (317) |
Dispositions | 0 | (578) | 0 |
Balance, end of year | $ 2,065 | $ 2,117 | $ 2,343 |
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- Definition Deferred Policy Acquisition Costs, Foreign Currency Translation Gain (Loss), And Other No definition available.
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- Definition Amount of amortization expense (reversal of expense) for deferred policy acquisition costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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 Amount of deferred policy acquisition cost capitalized. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred policy acquisition costs disposed or classified as held-for-sale. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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