Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturities available-for-sale, at fair value (amortized cost of $10,050 and $2,606) (allowance for credit losses of $0 and $0 )		$ 9,891	$ 2,218
Mortgage loans on real estate (net of allowance for credit losses of $2 and $0)		294	17
Policy loans		268	244
Other equity investments		19	19
Other invested assets		351	47
Total investments		10,823	2,545
Cash and cash equivalents		1,838	294
Deferred policy acquisition costs		1,212	760
Amounts due from reinsurers (allowance for credit losses of $0 and $0)		961	1,051
Funds withheld receivable		10,603	0
Reinsurance deposit assets		12,566	0
Current and deferred income taxes		0	77
Purchased market risk benefits		9	13
Other assets		406	101
Assets for market risk benefits		24	11
Separate Accounts assets		5,754	3,374
Total Assets		44,196	8,226
LIABILITIES
Policyholders’ account balances		24,963	3,751
Liability for market risk benefits		7,333	16
Future policy benefits and other policyholders' liabilities		1,653	669
Amounts due to reinsurers		110	112
Current and deferred income taxes		54	0
Other liabilities		2,169	73
Separate Accounts liabilities		5,754	3,374
Total Liabilities		42,036	7,995
Commitments and contingent liabilities	[1]
EQUITY
Common stock, $1.00 par value; 2,500,000 shares authorized, issued and outstanding		3	3
Additional paid-in capital		1,882	831
Retained earnings (accumulated deficit)		969	(222)
Accumulated other comprehensive income (loss)		(694)	(381)
Total Equity		2,160	231
Total Liabilities and Equity		$ 44,196	$ 8,226

[1] See Note 15 of the Notes to these Consolidated Financial Statements for details of commitments and contingent liabilities.