Long-duration Contracts - Schedule of Market Risk Benefits by Fair Value (Details) - USD ($) $ in Millions |
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
|---|---|---|---|
| Market Risk Benefit [Line Items] | |||
| Asset | $ 378 | $ 481 | $ 366 |
| Liability | 3,751 | 2,970 | 4,813 |
| Net liability | 3,373 | 2,489 | 4,447 |
| Traditional deferred annuities | |||
| Market Risk Benefit [Line Items] | |||
| Asset | 0 | 0 | 0 |
| Liability | 192 | 170 | 253 |
| Net liability | 192 | 170 | 253 |
| Indexed annuities | |||
| Market Risk Benefit [Line Items] | |||
| Asset | 378 | 481 | 366 |
| Liability | 3,559 | 2,800 | 4,560 |
| Net liability | $ 3,181 | $ 2,319 | $ 4,194 |
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- Definition Amount, before effect of reinsurance and after accumulated increase (decrease) in instrument-specific credit risk, of contract or contract feature in long-duration contract issued by insurance entity that both protects contract holder from other-than-nominal capital market risk and exposes insurance entity to other-than-nominal capital market risk. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset position for contract or contract feature in long-duration contract issued by insurance entity that both protects contract holder from other-than-nominal capital market risk and exposes insurance entity to other-than-nominal capital market risk. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liability position for contract or contract feature in long-duration contract issued by insurance entity that both protects contract holder from other-than-nominal capital market risk and exposes insurance entity to other-than-nominal capital market risk. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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