RESERVE FOR LOSSES AND LAE - Schedule of Incurred Losses with Respect to A&E Reserve on both Gross and Net of Reinsurance Basis (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Gross basis: | |||
| Beginning of period reserves | $ 260 | $ 247 | $ 278 |
| Incurred losses | 2 | 62 | 0 |
| Paid losses | (52) | (49) | (31) |
| End of period reserves | 209 | 260 | 247 |
| Net basis: | |||
| Beginning of period reserves | 242 | 232 | 257 |
| Incurred losses | 0 | 54 | 0 |
| Paid losses | (49) | (43) | (25) |
| End of period reserves | $ 193 | $ 242 | $ 232 |
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- Definition Carrying amount as of the balance sheet date of reserves for the costs of settling insured claims and costs incurred in the claims settlement process attributable to asbestos and environmental claims, before estimated recoveries from reinsurers. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before effects of reinsurance, of expense for claims incurred and costs incurred in the claim settlement process attributable to asbestos and environmental claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of cash outflow to settle insured claims and pay costs incurred in the claims settlement process attributable to asbestos and environmental claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount as of the balance sheet date of reserves for the costs of settling insured claims and costs incurred in the claims settlement process attributable to asbestos and environmental claims, net of estimated reinsurance recoveries. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after effects of reinsurance, of expense for claims incurred and costs incurred in the claim settlement process attributable to asbestos and environmental claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount, after effects of reinsurance, of payments to settle insured claims and pay costs incurred in the claims settlement process attributable to asbestos and environmental claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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