v3.24.2.u1
Investments - Components of net realized gains (losses) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Components of net realized capital gains (losses)        
Sales of fixed maturity securities $ (542) $ (241) $ (884) $ (334)
Net realized gains (losses) (747) (320) (1,067) (1,778)
Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) (690) (312) (868) (765)
Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) (57) (8) (199) (1,013)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative        
Components of net realized capital gains (losses)        
Sales of fixed maturity securities (542) (241) (884) (334)
Intent to sell 0 0 (47) 0
Change in allowance for credit losses on fixed maturity securities (51) (28) (119) (45)
Foreign exchange transactions, net of related hedges 54 (113) 101 (95)
Index-Linked interest credited embedded derivatives, net of related hedges (172) (141) (82) (319)
All other derivatives and hedge accounting (16) 181 (17) 65
Sales of alternative investments and real estate investments 8 2 27 8
Other (25) (46) (53) (46)
Net realized gains (losses) (783) (442) (1,125) (875)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Change in allowance for credit losses on loans        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (39) (56) (51) (109)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Sales of fixed maturity securities (493) (195) (813) (271)
Intent to sell 0 0 (15) 0
Change in allowance for credit losses on fixed maturity securities (50) (26) (112) (43)
Foreign exchange transactions, net of related hedges 55 (115) 101 (104)
Index-Linked interest credited embedded derivatives, net of related hedges (172) (141) (82) (319)
All other derivatives and hedge accounting 18 258 123 94
Sales of alternative investments and real estate investments 11 3 31 8
Other (25) (48) (53) (48)
Net realized gains (losses) (690) (312) (868) (765)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Excluding Fortitude Re Funds Withheld Assets | Change in allowance for credit losses on loans        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (34) (48) (48) (82)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Sales of fixed maturity securities (49) (46) (71) (63)
Intent to sell 0 0 (32) 0
Change in allowance for credit losses on fixed maturity securities (1) (2) (7) (2)
Foreign exchange transactions, net of related hedges (1) 2 0 9
Index-Linked interest credited embedded derivatives, net of related hedges 0 0 0 0
All other derivatives and hedge accounting (34) (77) (140) (29)
Sales of alternative investments and real estate investments (3) (1) (4) 0
Other 0 2 0 2
Net realized gains (losses) (93) (130) (257) (110)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative | Fortitude Re Funds Withheld Assets | Change in allowance for credit losses on loans        
Components of net realized capital gains (losses)        
Change in allowance for credit losses on loans (5) (8) (3) (27)
Fortitude Re funds withheld embedded derivative        
Components of net realized capital gains (losses)        
Net realized gains (losses) 36 122 58 (903)
Fortitude Re funds withheld embedded derivative | Excluding Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) 0 0 0 0
Fortitude Re funds withheld embedded derivative | Fortitude Re Funds Withheld Assets        
Components of net realized capital gains (losses)        
Net realized gains (losses) $ 36 $ 122 $ 58 $ (903)