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FAIR VALUE DISCLOSURES - Schedules Of Assets And Liabilities Measured On Recurring Basis (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Fixed maturities available for sale, at fair value $ 9,891 $ 2,218
U.S. Treasury, government and agency    
Assets:    
Fixed maturities available for sale, at fair value 15 14
States and political subdivisions    
Assets:    
Fixed maturities available for sale, at fair value 43 34
Foreign governments    
Assets:    
Fixed maturities available for sale, at fair value 31  
Residential mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 972 6
Asset-backed    
Assets:    
Fixed maturities available for sale, at fair value 2,986 41
Commercial mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 182 65
Fair Value, Recurring    
Assets:    
Fixed maturities available for sale, at fair value 9,891 2,218
Other equity investments 19 19
Other invested assets: 968 18
Cash equivalents 1,654 272
Funds withheld receivable 100 0
Purchased market risk benefits 9 13
Assets for market risk benefits 24 11
Separate Accounts assets 5,754 3,374
Total Assets 18,419 5,925
Liabilities:    
Liabilities for market risk benefits 7,333 16
Total Liabilities 15,726 103
Fair Value, Recurring | Corporate    
Assets:    
Fixed maturities available for sale, at fair value 5,662 2,058
Fair Value, Recurring | U.S. Treasury, government and agency    
Assets:    
Fixed maturities available for sale, at fair value 15 14
Fair Value, Recurring | States and political subdivisions    
Assets:    
Fixed maturities available for sale, at fair value 43 34
Fair Value, Recurring | Foreign governments    
Assets:    
Fixed maturities available for sale, at fair value 31 6
Fair Value, Recurring | Residential mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 972  
Fair Value, Recurring | Asset-backed    
Assets:    
Fixed maturities available for sale, at fair value 2,986 41
Fair Value, Recurring | Commercial mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 182 65
Fair Value, Recurring | Options    
Assets:    
Other invested assets: 968 18
Fair Value, Recurring | SCS, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 8,804 87
Fair Value, Recurring | Modco receivable    
Liabilities:    
Guarantees (411) 0
Fair Value, Recurring | Level 1    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Other equity investments 0 0
Other invested assets: 0 0
Cash equivalents 1,654 272
Funds withheld receivable 0 0
Purchased market risk benefits 0 0
Assets for market risk benefits 0 0
Separate Accounts assets 5,747 3,367
Total Assets 7,401 3,639
Liabilities:    
Liabilities for market risk benefits 0 0
Total Liabilities 0 0
Fair Value, Recurring | Level 1 | Corporate    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 1 | U.S. Treasury, government and agency    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 1 | States and political subdivisions    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 1 | Foreign governments    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 1 | Residential mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 0  
Fair Value, Recurring | Level 1 | Asset-backed    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 1 | Commercial mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 1 | Options    
Assets:    
Other invested assets: 0 0
Fair Value, Recurring | Level 1 | SCS, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Fair Value, Recurring | Level 1 | Modco receivable    
Liabilities:    
Guarantees 0 0
Fair Value, Recurring | Level 2    
Assets:    
Fixed maturities available for sale, at fair value 9,779 2,200
Other equity investments 19 19
Other invested assets: 968 18
Cash equivalents 0 0
Funds withheld receivable 0 0
Purchased market risk benefits 0 0
Assets for market risk benefits 0 0
Separate Accounts assets 7 7
Total Assets 10,773 2,244
Liabilities:    
Liabilities for market risk benefits 0 0
Total Liabilities 8,804 87
Fair Value, Recurring | Level 2 | Corporate    
Assets:    
Fixed maturities available for sale, at fair value 5,575 2,040
Fair Value, Recurring | Level 2 | U.S. Treasury, government and agency    
Assets:    
Fixed maturities available for sale, at fair value 15 14
Fair Value, Recurring | Level 2 | States and political subdivisions    
Assets:    
Fixed maturities available for sale, at fair value 43 34
Fair Value, Recurring | Level 2 | Foreign governments    
Assets:    
Fixed maturities available for sale, at fair value 31 6
Fair Value, Recurring | Level 2 | Residential mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 972  
Fair Value, Recurring | Level 2 | Asset-backed    
Assets:    
Fixed maturities available for sale, at fair value 2,962 41
Fair Value, Recurring | Level 2 | Commercial mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 181 65
Fair Value, Recurring | Level 2 | Options    
Assets:    
Other invested assets: 968 18
Fair Value, Recurring | Level 2 | SCS, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 8,804 87
Fair Value, Recurring | Level 2 | Modco receivable    
Liabilities:    
Guarantees 0 0
Fair Value, Recurring | Level 3    
Assets:    
Fixed maturities available for sale, at fair value 112 18
Other equity investments 0 0
Other invested assets: 0 0
Cash equivalents 0 0
Funds withheld receivable 100 0
Purchased market risk benefits 9 13
Assets for market risk benefits 24 11
Separate Accounts assets 0 0
Total Assets 245 42
Liabilities:    
Liabilities for market risk benefits 7,333 16
Total Liabilities 6,922 16
Fair Value, Recurring | Level 3 | Corporate    
Assets:    
Fixed maturities available for sale, at fair value 87 18
Fair Value, Recurring | Level 3 | U.S. Treasury, government and agency    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 3 | States and political subdivisions    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 3 | Foreign governments    
Assets:    
Fixed maturities available for sale, at fair value 0 0
Fair Value, Recurring | Level 3 | Residential mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 0  
Fair Value, Recurring | Level 3 | Asset-backed    
Assets:    
Fixed maturities available for sale, at fair value 24 0
Fair Value, Recurring | Level 3 | Commercial mortgage-backed    
Assets:    
Fixed maturities available for sale, at fair value 1 0
Fair Value, Recurring | Level 3 | Options    
Assets:    
Other invested assets: 0 0
Fair Value, Recurring | Level 3 | SCS, MSO and IUL indexed features’ liability    
Liabilities:    
Guarantees 0 0
Fair Value, Recurring | Level 3 | Modco receivable    
Liabilities:    
Guarantees (411) 0
Fair Value, Recurring | NAV    
Assets:    
Separate Accounts assets $ 1 $ 1