v3.25.4
SCHEDULE II — CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT - CONDENSED STATEMENTS OF OPERATIONS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Condensed Financial Statements, Captions [Line Items]      
Net investment income $ 2,124 $ 1,954 $ 1,434
Other income (expense) (45) 121 (14)
Total revenues 17,496 17,281 14,587
Interest expense - affiliated 151 149 134
Total claims and expenses 15,609 15,787 12,432
INCOME (LOSS) BEFORE TAXES 1,887 1,493 2,154
Income tax expense (benefit) 296 120 (363)
NET INCOME (LOSS) 1,591 1,373 2,517
Other comprehensive income (loss) of subsidiaries, net of tax 1,086 (204) 1,063
COMPREHENSIVE INCOME (LOSS) 2,678 1,169 3,580
Parent Company      
Condensed Financial Statements, Captions [Line Items]      
Net investment income 31 5 4
Other income (expense) 74 7 8
Net income (loss) of subsidiaries 1,658 1,510 2,641
Total revenues 1,762 1,522 2,653
Interest expense - affiliated 100 77 87
Other expenses 73 71 49
Total claims and expenses 174 148 136
INCOME (LOSS) BEFORE TAXES 1,589 1,373 2,517
Income tax expense (benefit) (3) 0 0
NET INCOME (LOSS) 1,591 1,373 2,517
Other comprehensive income (loss) of subsidiaries, net of tax 1,086 (204) 1,063
COMPREHENSIVE INCOME (LOSS) $ 2,678 $ 1,169 $ 3,580