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Reserve for Future Policy Benefits and Contractholder Funds - Schedule of balances of and changes in liability for future policy benefits (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Present value of expected net premiums        
Beginning balance $ 1,702 $ 2,039    
Beginning balance at original discount rate 1,795 1,819    
Effect of changes in cash flow assumptions     $ (12) $ 0
Effect of actual variances from expected experience     (7) (41)
Adjusted beginning balance     1,776 1,778
Issuances 277 248    
Interest accrual 30 28    
Net premiums collected (211) (220)    
Lapses and withdrawals 0 0    
Ending balance at original discount rate 1,872 1,834    
Effect of changes in discount rate assumptions (75) (25)    
Ending balance 1,797 1,809    
Present value of expected future policy benefits        
Beginning balance 2,753 3,469    
Beginning balance at original discount rate 2,850 2,937    
Effect of changes in cash flow assumptions     (12) 0
Effect of actual variances from expected experience     (10) (70)
Total adjustments     2,828 2,867
Issuances 274 247    
Interest accrual 59 48    
Benefit payments (225) (207)    
Lapses and withdrawals 0 0    
Ending balance at original discount rate 2,936 2,955    
Effect of changes in discount rate assumptions (71) 39    
Ending balance 2,865 2,994    
Net reserve for future policy benefits 1,068 1,185    
Less: reinsurance recoverables 86 129    
Net reserve for future policy benefits, after reinsurance recoverables 982 1,056    
Reserves related to short-duration contracts 271 281    
Accident and health insurance        
Present value of expected net premiums        
Beginning balance 1,464 1,785    
Beginning balance at original discount rate 1,549 1,604    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (26) (61)
Adjusted beginning balance     1,523 1,543
Issuances 259 243    
Interest accrual 25 24    
Net premiums collected (186) (199)    
Lapses and withdrawals 0 0    
Ending balance at original discount rate 1,621 1,611    
Effect of changes in discount rate assumptions (68) (29)    
Ending balance 1,553 1,582    
Present value of expected future policy benefits        
Beginning balance 2,229 2,796    
Beginning balance at original discount rate 2,316 2,426    
Effect of changes in cash flow assumptions     0 0
Effect of actual variances from expected experience     (30) (63)
Total adjustments     2,286 2,363
Issuances 256 242    
Interest accrual 47 37    
Benefit payments (199) (218)    
Lapses and withdrawals 0 0    
Ending balance at original discount rate 2,390 2,424    
Effect of changes in discount rate assumptions (64) 9    
Ending balance 2,326 2,433    
Net reserve for future policy benefits 773 851    
Less: reinsurance recoverables 84 127    
Net reserve for future policy benefits, after reinsurance recoverables 689 724    
Traditional life        
Present value of expected net premiums        
Beginning balance 238 254    
Beginning balance at original discount rate 246 215    
Effect of changes in cash flow assumptions     (12) 0
Effect of actual variances from expected experience     19 20
Adjusted beginning balance     253 235
Issuances 18 5    
Interest accrual 5 4    
Net premiums collected (25) (21)    
Lapses and withdrawals 0 0    
Ending balance at original discount rate 251 223    
Effect of changes in discount rate assumptions (7) 4    
Ending balance 244 227    
Present value of expected future policy benefits        
Beginning balance 524 673    
Beginning balance at original discount rate 534 511    
Effect of changes in cash flow assumptions     (12) 0
Effect of actual variances from expected experience     20 (7)
Total adjustments     $ 542 $ 504
Issuances 18 5    
Interest accrual 12 11    
Benefit payments (26) 11    
Lapses and withdrawals 0 0    
Ending balance at original discount rate 546 531    
Effect of changes in discount rate assumptions (7) 30    
Ending balance 539 561    
Net reserve for future policy benefits 295 334    
Less: reinsurance recoverables 2 2    
Net reserve for future policy benefits, after reinsurance recoverables $ 293 $ 332