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FAIR VALUE OF ASSETS AND LIABILITIES - Changes in Level 3 Assets and Liabilities (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Future policy benefits      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   $ 4,060 $ 4,060
Total realized and unrealized gains (losses)   715  
Purchases   0  
Sales   0  
Issuances   (48)  
Settlements   0  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   3,393  
Unrealized gains (losses) for liabilities still held   686  
Policyholders' account balances      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   2,041 2,041
Total realized and unrealized gains (losses)   124  
Purchases   0  
Sales   0  
Issuances   0  
Settlements   (17)  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   1,934  
Unrealized gains (losses) for liabilities still held   89  
Insurance Liabilities      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Total realized and unrealized gains (losses) $ 205   (8,065)
Insurance Liabilities | Retained Business      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 2,941    
Total realized and unrealized gains (losses) 115   (421)
Reduction in estimates of ultimate losses (348)    
Increase in estimates of ultimate losses 132    
Change in fair value (discount rate) 235    
Paid losses 100    
Other (4)    
Fair Value, end of period 3,056   2,941
Insurance Liabilities | Ceded Business      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 2,605    
Total realized and unrealized gains (losses) 90   (7,644)
Reduction in estimates of ultimate losses (66)    
Increase in estimates of ultimate losses 67    
Change in fair value (discount rate) 76    
Paid losses 13    
Other 0    
Fair Value, end of period 2,695   2,605
Residential mortgage loans | Retained Business      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 161    
Total realized and unrealized gains (losses) 0    
Purchases 13    
Sales 0    
Issuances 0    
Settlements (16)    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 158   161
Unrealized gains (losses) for assets still held 0    
Commercial mortgage-backed securities | Retained Business      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 35    
Total realized and unrealized gains (losses) 0    
Purchases 13    
Sales 0    
Issuances 0    
Settlements 0    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 48   35
Unrealized gains (losses) for assets still held 0    
Short term investments      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   13 13
Total realized and unrealized gains (losses)   0  
Purchases   0  
Sales   0  
Issuances   0  
Settlements   (13)  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   0  
Unrealized gains (losses) for assets still held   0  
Cash equivalents      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   8 8
Total realized and unrealized gains (losses)   0  
Purchases   0  
Sales   0  
Issuances   0  
Settlements   (8)  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   0  
Unrealized gains (losses) for assets still held   0  
Other assets      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   400 400
Total realized and unrealized gains (losses)   (21)  
Purchases   13  
Sales   0  
Issuances   0  
Settlements   (16)  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   376  
Unrealized gains (losses) for assets still held   (6)  
Deposit asset      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 607    
Total realized and unrealized gains (losses) 1    
Purchases 0    
Sales 0    
Issuances 0    
Settlements 0    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 608   607
Unrealized gains (losses) for assets still held 0    
Reinsurance recoverables      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 235 1,881 1,881
Total realized and unrealized gains (losses) 12 201  
Purchases 0 4  
Sales 0 0  
Issuances 0 0  
Settlements 0 19  
Other 0 (239)  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 247 1,866 235
Unrealized gains (losses) for assets still held 0 222  
Net Modified Coinsurance Receivable (Payable)      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 18    
Total realized and unrealized gains (losses) (63)    
Purchases 0    
Sales 0    
Issuances 0    
Settlements 0    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period (45)   18
Unrealized gains (losses) for assets still held 0    
Fixed maturity securities | U.S Treasury securities and obligations of U.S. government authorities and agencies      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   0 0
Total realized and unrealized gains (losses)   0  
Purchases   0  
Sales   0  
Issuances   0  
Settlements   0  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   0  
Unrealized gains (losses) for assets still held   0  
Fixed maturity securities | Corporate Securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 146 190 190
Total realized and unrealized gains (losses) 0 (9)  
Purchases 19 5  
Sales 0 (4)  
Issuances 0 0  
Settlements (1) (2)  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 18 0  
Fair Value, end of period 182 180 146
Unrealized gains (losses) for assets still held 0 (9)  
Fixed maturity securities | Structured securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   76 76
Total realized and unrealized gains (losses)   (4)  
Purchases   0  
Sales   (10)  
Issuances   0  
Settlements   (2)  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   (13)  
Fair Value, end of period   47  
Unrealized gains (losses) for assets still held   (4)  
Fixed maturity securities | Foreign corporate private securities | Retained Business      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 36    
Total realized and unrealized gains (losses) 0    
Purchases 0    
Sales 0    
Issuances 0    
Settlements 0    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 36   36
Unrealized gains (losses) for assets still held 1    
Fixed maturity securities | Asset-backed securities | Retained Business      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period 155    
Total realized and unrealized gains (losses) (2)    
Purchases 38    
Sales 0    
Issuances 0    
Settlements 0    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 191   155
Unrealized gains (losses) for assets still held $ (2)    
Equity securities | Equity securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Fair Value, beginning of period   1 $ 1
Total realized and unrealized gains (losses)   0  
Purchases   0  
Sales   0  
Issuances   0  
Settlements   0  
Other   0  
Transfers into Level 3   0  
Transfers out of Level 3   0  
Fair Value, end of period   1  
Unrealized gains (losses) for assets still held   $ 0