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Business Acquisitions (Tables)
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
Fair Value of Assets Acquired and Liabilities Assumed at the Acquisition Date
Preliminary Values as of May 23, 2019 (as previously reported)Measurement Period AdjustmentsAdjusted Values as of May 23, 2019
Assets
Cash and invested assets$3,848 $$3,851 
Premiums receivable492 498 
Reinsurance recoverables1,100 (3)1,097 
Prepaid reinsurance premiums238 — 238 
Other intangible assets580 — 580 
Property and equipment83 — 83 
Other assets99 102 
Total Assets Acquired6,440 9 6,449 
Liabilities
Unpaid losses and loss adjustment expenses2,823 — 2,823 
Unearned premiums1,219 — 1,219 
Long-term debt284 — 284 
Deferred income taxes, net 48 (1)47 
Other liabilities568 576 
Total Liabilities Assumed4,942 7 4,949 
Net identifiable assets acquired1,498 2 1,500 
Goodwill [1]623 (2)621 
Net Assets Acquired$2,121 $ $2,121 
[1] Non-deductible for income tax purposes.
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
Intangible Assets Recorded in Connection with the Acquisition
AssetAmountWeighted Average Expected Life
Value of in-force contracts - Property and Casualty ("P&C")$180 1
Distribution relationships302 15
Trade name17 10
Total finite life intangibles499 10
Capacity of Lloyd's Syndicate66 
Licenses15 
Total indefinite life intangibles81 
Total other intangible assets$580 
Business Acquisition, Pro Forma Information
Pro Forma Results for the Year Ended December 31
RevenueEarnings
2019 Supplemental (unaudited) combined pro forma$21,416 $2,080