XML 87 R68.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair Value Measurements (Details) - Fair Value Hierarchy - Recurring basis [Member] - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis $ 78,433 $ 71,983
Other liabilities measured on a recurring basis   2
Fixed maturities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 77,807 71,160
U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 6,368 5,438
Obligations of U.S. states, municipalities and political subdivisions [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 28,506 31,379
Debt securities issued by foreign governments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 1,006 994
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 7,818 1,991
Corporate and all other bonds [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 34,109 31,358
Equity securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 608 807
Common stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 560 763
Non-redeemable preferred stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 48 44
Other investments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 18 16
Level 1 [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 6,955 5,886
Other liabilities measured on a recurring basis   0
Level 1 [Member] | Fixed maturities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 6,368 5,438
Level 1 [Member] | U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 6,368 5,438
Level 1 [Member] | Obligations of U.S. states, municipalities and political subdivisions [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 1 [Member] | Debt securities issued by foreign governments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 1 [Member] | Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 1 [Member] | Corporate and all other bonds [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 1 [Member] | Equity securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 569 433
Level 1 [Member] | Common stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 553 418
Level 1 [Member] | Non-redeemable preferred stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 16 15
Level 1 [Member] | Other investments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 18 15
Level 1 [Member] | Investments in various publicly-traded securities, including mutual funds and other small holdings [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 18 15
Level 2 [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 71,183 65,422
Other liabilities measured on a recurring basis   0
Level 2 [Member] | Fixed maturities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 71,181 65,419
Level 2 [Member] | U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 2 [Member] | Obligations of U.S. states, municipalities and political subdivisions [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 28,506 31,379
Level 2 [Member] | Debt securities issued by foreign governments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 1,006 994
Level 2 [Member] | Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 7,818 1,991
Level 2 [Member] | Corporate and all other bonds [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 33,851 31,055
Level 2 [Member] | Equity securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 2 3
Level 2 [Member] | Common stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 2 [Member] | Non-redeemable preferred stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 2 3
Level 2 [Member] | Other investments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 3 [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 295 675
Other liabilities measured on a recurring basis   2
Level 3 [Member] | Fixed maturities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 258 303
Level 3 [Member] | U.S. Treasury securities and obligations of U.S. government and government agencies and authorities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 3 [Member] | Obligations of U.S. states, municipalities and political subdivisions [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 3 [Member] | Debt securities issued by foreign governments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 3 [Member] | Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 0 0
Level 3 [Member] | Corporate and all other bonds [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 258 303
Level 3 [Member] | Equity securities [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 37 371
Level 3 [Member] | Common stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 7 345
Level 3 [Member] | Non-redeemable preferred stock [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 30 26
Level 3 [Member] | Investment in non-public common and preferred equity securities where the fair value estimate is determined either internally or by an external fund manager [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis 37 371
Level 3 [Member] | Other investments [Member]    
Level within the fair value hierarchy at which the Company's financial assets and financial liabilities are measured    
Total invested assets measured on a recurring basis $ 0 $ 1