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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, 2024
Mar. 31, 2023
Dec. 31, 2023
U.S. corporate private securities | Retained Business | Fixed Maturity, Available-For Sale      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period $ 244 $ 146 $ 146
Total realized and unrealized gains (losses) 3 0  
Purchases 24 19  
Sales 0 0  
Issuances 0 0  
Settlements 0 (1)  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 18  
Fair Value, end of period 271 182 244
Unrealized gains (losses) for assets still held 2 0  
U.S. corporate private securities | Ceded Business | Fixed Maturity, Available-For Sale      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 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   1
Unrealized gains (losses) for assets still held 0    
Foreign corporate private securities | Retained Business | Fixed Maturity, Available-For Sale      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 56 36 36
Total realized and unrealized gains (losses) 1 0  
Purchases 0 0  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 57 36 56
Unrealized gains (losses) for assets still held 1 1  
Foreign corporate private securities | Ceded Business      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 1    
Total realized and unrealized gains (losses) 0    
Purchases 0    
Sales 0    
Issuances 0    
Settlements (1)    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 0   1
Unrealized gains (losses) for assets still held 0    
Residential mortgage-backed securities | Retained Business | Fixed Maturity, Available-For Sale      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 5    
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 5   5
Unrealized gains (losses) for assets still held 0    
Asset-backed securities | Retained Business | Fixed Maturity, Available-For Sale      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 246 155 155
Total realized and unrealized gains (losses) (1) (2)  
Purchases 14 38  
Sales 0 0  
Issuances 0 0  
Settlements (1) 0  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 258 191 246
Unrealized gains (losses) for assets still held (2) (2)  
Asset-backed securities | Ceded Business | Fixed Maturity, Available-For Sale      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 0    
Total realized and unrealized gains (losses) 0    
Purchases 28    
Sales 0    
Issuances 0    
Settlements 0    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 28   0
Unrealized gains (losses) for assets still held 0    
Short term investments | Ceded Business      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 4    
Total realized and unrealized gains (losses) 0    
Purchases 3    
Sales 0    
Issuances 0    
Settlements (7)    
Other 0    
Transfers into Level 3 0    
Transfers out of Level 3 0    
Fair Value, end of period 0   4
Unrealized gains (losses) for assets still held 0    
Residential mortgage loans | Retained Business | Equity securities      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 361 161 161
Total realized and unrealized gains (losses) 5 0  
Purchases 4 13  
Sales 0 0  
Issuances 0 0  
Settlements (22) (16)  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 348 158 361
Unrealized gains (losses) for assets still held 5 0  
Commercial mortgage-backed securities | Retained Business | Equity securities      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 76 35 35
Total realized and unrealized gains (losses) 1 0  
Purchases 0 13  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 77 48 76
Unrealized gains (losses) for assets still held 1 0  
Deposit asset | Ceded Business      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 438 607 607
Total realized and unrealized gains (losses) (10) 1  
Purchases 0 0  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Other (2) 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 426 608 438
Unrealized gains (losses) for assets still held 0 0  
Reinsurance recoverables | Ceded Business      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period 206 235 235
Total realized and unrealized gains (losses) (51) 12  
Purchases 0 0  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period 155 247 206
Unrealized gains (losses) for assets still held 0 0  
Net modified coinsurance receivable (payable) | Ceded Business      
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]      
Fair Value, beginning of period (78) 18 18
Total realized and unrealized gains (losses) 6 (63)  
Purchases 0 0  
Sales 0 0  
Issuances 0 0  
Settlements 0 0  
Other 0 0  
Transfers into Level 3 0 0  
Transfers out of Level 3 0 0  
Fair Value, end of period (72) (45) $ (78)
Unrealized gains (losses) for assets still held $ 0 $ 0