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Investments (Tables)
 9 Months Ended
Sep. 30, 2023
Investments [Abstract]  
Net Realized Capital Gains (Losses)
Net Realized Gains (Losses)
 Three Months Ended September 30,Nine Months Ended September 30,
(Before tax)2023202220232022
Gross gains on sales of fixed maturities
$6 $16 $26 $54 
Gross losses on sales of fixed maturities
(27)(81)(87)(256)
Equity securities [1]
Net realized gains (losses) on sales of equity securities1 (9)75 36 
Change in net unrealized gains (losses) of equity securities(14)(72)(43)(486)
Net realized and unrealized gains (losses) on equity securities(13)(81)32 (450)
Net credit losses on fixed maturities, AFS(5)(3)(13)(15)
Change in ACL on mortgage loans(5)— (10)(7)
Intent-to-sell impairments— (2)— (5)
Other, net [2](46)(15)(109)30 
Net realized gains (losses)$(90)$(166)$(161)$(649)
[1]The change in net unrealized gains (losses) on equity securities still held as of September 30, 2023 and included in net realized gains (losses) were $(14) and $(5) for the three and nine months ended September 30, 2023, respectively. The change in net unrealized gains (losses) on equity securities still held as of September 30, 2022 and included in net realized gains (losses) were $(84) and $(439) for the three and nine months ended September 30, 2022, respectively.
[2]For the three and nine months ended September 30, 2023 includes gains (losses) from transactional foreign currency revaluation of $13 and $(3), respectively, and gains (losses) on non-qualifying derivatives of $(74) and $(108), respectively. For the three and nine months ended September 30, 2022 includes gains (losses) from transactional foreign currency revaluation of $16 and $37, respectively, and gains (losses) on non-qualifying derivatives of $(19) and $42, respectively.
Debt Securities, Available-for-sale, Allowance for Credit Loss [Table Text Block]
ACL on Fixed Maturities, AFS by Type
Three Months Ended September 30,
20232022
(Before tax)CorporateCMBSTotalCorporateForeign govt./govt. agenciesCMBSTotal
Balance as of beginning of period$6 $12 $18 $8 $4 $1 $13 
Credit losses on fixed maturities where an allowance was not previously recorded3 — 3 — — 6 6 
Reduction due to sales(3)— (3)— (1)— (1)
Reduction due to intent to sell— — — — (3)— (3)
Net increases (decreases) on fixed maturities where an allowance was previously recorded2 — 2 — — — — 
Balance as of end of period$8 $12 $20 $8 $— $7 $15 
ACL on Fixed Maturities, AFS by Type
Nine Months Ended September 30,
20232022
(Before tax)CorporateCMBSTotalCorporateForeign govt./govt. agenciesCMBSTotal
Balance as of beginning of period$2 $10 $12 $1 $— $— $1 
Credit losses on fixed maturities where an allowance was not previously recorded9 — 9 8 3 7 18 
Reduction due to sales(5)— (5)— (1)— (1)
Reduction due to intent to sell— — — — (3)— (3)
Net increases (decreases) on fixed maturities where an allowance was previously recorded2 2 4 (1)1 — — 
Balance as of end of period$8 $12 $20 $8 $— $7 $15 
Schedule of Available-for-sale Securities
Fixed Maturities, AFS, by Type
September 30, 2023December 31, 2022

Amortized
Cost		ACLGross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Amortized
Cost		ACLGross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
ABS$3,216 $— $— $(86)$3,130 $2,016 $— $— $(75)$1,941 
CLO3,066 — 3 (26)3,043 3,040 — 3 (102)2,941 
CMBS3,548 (12)19 (431)3,124 3,715 (10)21 (358)3,368 
Corporate18,377 (8)13 (1,731)16,651 16,794 (2)33 (1,592)15,233 
Foreign govt./govt. agencies614 — — (47)567 596 — — (49)547 
Municipal6,292 — 39 (645)5,686 6,718 — 93 (515)6,296 
RMBS4,403 — — (576)3,827 4,214 — 2 (508)3,708 
U.S. Treasuries2,207 — — (273)1,934 2,440 — — (243)2,197 
Total fixed maturities, AFS$41,723 $(20)$74 $(3,815)$37,962 $39,533 $(12)$152 $(3,442)$36,231 
Investments by Contractual Maturity Year
Fixed Maturities, AFS, by Contractual Maturity Year
September 30, 2023December 31, 2022
Amortized CostFair ValueAmortized CostFair Value
One year or less$1,508 $1,477 $1,417 $1,396 
Over one year through five years9,544 9,022 8,340 7,930 
Over five years through ten years7,024 6,237 7,259 6,485 
Over ten years9,414 8,102 9,532 8,462 
Subtotal27,490 24,838 26,548 24,273 
Mortgage-backed and asset-backed securities14,233 13,124 12,985 11,958 
Total fixed maturities, AFS$41,723 $37,962 $39,533 $36,231 
Unrealized Gain (Loss) on Investments [Table Text Block]
Unrealized Loss Aging for Fixed Maturities, AFS by Type and Length of Time as of September 30, 2023
Less Than 12 Months12 Months or MoreTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
ABS$1,683 $(27)$1,211 $(59)$2,894 $(86)
CLO115 (1)2,597 (25)2,712 (26)
CMBS192 (12)2,845 (419)3,037 (431)
Corporate4,473 (146)11,098 (1,585)15,571 (1,731)
Foreign govt./govt. agencies110 (3)413 (44)523 (47)
Municipal1,614 (74)3,076 (571)4,690 (645)
RMBS644 (20)3,123 (556)3,767 (576)
U.S. Treasuries349 (23)1,578 (250)1,927 (273)
Total fixed maturities, AFS in an unrealized loss position$9,180 $(306)$25,941 $(3,509)$35,121 $(3,815)

Unrealized Loss Aging for Fixed Maturities, AFS by Type and Length of Time as of December 31, 2022
 Less Than 12 Months12 Months or MoreTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
ABS$1,577 $(50)$281 $(25)$1,858 $(75)
CLO1,490 (48)1,378 (54)2,868 (102)
CMBS2,560 (270)521 (88)3,081 (358)
Corporate11,157 (1,071)2,575 (521)13,732 (1,592)
Foreign govt./govt. agencies308 (26)224 (23)532 (49)
Municipal4,270 (461)228 (54)4,498 (515)
RMBS2,311 (249)1,250 (259)3,561 (508)
U.S. Treasuries1,554 (145)633 (98)2,187 (243)
Total fixed maturities, AFS in an unrealized loss position$25,227 $(2,320)$7,090 $(1,122)$32,317 $(3,442)
Financing Receivable, Allowance for Credit Loss [Table Text Block]
ACL on Mortgage Loans
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
ACL as of beginning of period$41 $36 $36 $29 
Current period provision (release)5 — 10 7 
ACL as of September 30,$46 $36 $46 $36 
Loans Credit Quality
Mortgage Loans LTV & DSCR by Origination Year as of September 30, 2023
202320222021202020192018 & PriorTotal
Loan-to-valueAmortized Cost
Avg. DSCR
Amortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCR
Amortized Cost [1]
Avg. DSCR
Greater than 80%$— —x$— —x$— —x$— —x$— —x$53 1.90x$53 1.90x
65% - 80%— —x24 2.37x177 2.46x89 3.45x99 2.01x224 1.31x613 2.10x
Less than 65%260 1.59x889 2.65x1,445 2.82x554 3.02x680 2.89x1,568 2.59x5,396 2.70x
Total mortgage loans
$260 1.59x$913 2.64x$1,622 2.78x$643 3.08x$779 2.78x$1,845 2.42x$6,062 2.63x
[1] Amortized cost of mortgage loans excludes ACL of $46.
Mortgage Loans LTV & DSCR by Origination Year as of December 31, 2022
202220212020201920182017 & PriorTotal
Loan-to-valueAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized CostAvg. DSCRAmortized Cost [1]Avg. DSCR
Greater than 80%$— —x$— —x$— —x$— —x$— —x$23 1.40x$23 1.40x
65% - 80%16 2.02x59 2.61x43 2.78x100 1.95x108 1.11x117 1.91x443 1.91x
Less than 65%839 2.43x1,475 2.79x663 3.02x680 2.77x437 2.21x1,476 2.54x5,570 2.65x
Total mortgage loans
$855 2.42x$1,534 2.78x$706 3.01x$780 2.66x$545 1.99x$1,616 2.48x$6,036 2.59x
[1] Amortized cost of mortgage loans excludes ACL of $36.
Mortgage Loans by Region
September 30, 2023December 31, 2022
Amortized CostPercent of TotalAmortized CostPercent of Total
East North Central$345 5.7 %$317 5.3 %
Middle Atlantic231 3.8 %316 5.2 %
Mountain723 11.9 %707 11.7 %
New England352 5.8 %395 6.5 %
Pacific1,330 21.9 %1,299 21.5 %
South Atlantic1,769 29.2 %1,670 27.7 %
West North Central119 2.0 %105 1.7 %
West South Central434 7.2 %421 7.0 %
Other [1]759 12.5 %806 13.4 %
Total mortgage loans6,062 100.0 %6,036 100.0 %
ACL(46)(36)
Total mortgage loans, net of ACL$6,016 $6,000 
[1]Primarily represents loans collateralized by multiple properties in various regions.
Mortgage Loans by Property Type
September 30, 2023December 31, 2022
Amortized CostPercent of TotalAmortized CostPercent of Total
Commercial
Industrial$2,351 38.8 %$2,217 36.7 %
Multifamily2,191 36.1 %2,247 37.2 %
Office581 9.6 %585 9.7 %
Retail [1]939 15.5 %947 15.7 %
Other— — %40 0.7 %
Total mortgage loans6,062 100.0 %6,036 100.0 %
ACL(46)(36)
Total mortgage loans, net of ACL$6,016 $6,000 
[1]Primarily comprised of grocery-anchored retail centers, with no exposure to regional shopping malls.
Schedule of Financial Instruments Owned and Pledged as Collateral
September 30, 2023December 31, 2022
Fair ValueFair Value
Securities on deposit with government agencies$2,180 $2,189 
Fixed maturities in trust for benefit of Lloyd's Syndicate policyholders819 718 
Short-term investments in trust for benefit of Lloyd's Syndicate policyholders20 8 
Fixed maturities in Lloyd's trust account154 161 
Other investments65 62 
Total Other Restricted Investments$3,238 $3,138