UNPAID CLAIM AND CLAIM EXPENSES (Tables)

3 Months Ended

Mar. 31, 2023

Insurance [Abstract]

Schedules of Liability for Unpaid Claims and Claims Adjustment Expense

The liability for unpaid claims and claim expenses as of March 31, 2023 and 2022 is as follows:

Liability for Unpaid Claims and Claim Expenses

	2023		2022
	(in millions)
Gross Balance at January 1,	$	110	$	78
Less Reinsurance	36		23
Net Balance at January 1,	74		55
Incurred Claims (net) Related to:
Current Period	67		40
Prior Period	(16)		(1)
Total Incurred	51		39
Paid Claims (net) Related to:
Current Period	23		15
Prior Period	26		20
Total Paid	49		35
Net Balance at March 31,	76		59
Add Reinsurance	38		25
Gross Balance at March 31,	$	114	$	84