Corebridge Financial (CRBG) 10-Q 5 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 31, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-41504
Entity Registrant Name	Corebridge Financial, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4715639
Entity Address, Address Line One	2919 Allen Parkway, Woodson Tower
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77019
City Area Code	1-877
Local Phone Number	375-2422
Title of 12(b) Security	Common Stock, Par Value $0.01 Per Share
Trading Symbol	CRBG
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		568,870,117
Document Fiscal Year Focus	2024
Entity Central Index Key	0001889539
Document Fiscal Period Focus	Q3
Amendment Flag	false
Current Fiscal Year End Date	--12-31

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Fixed maturity securities:
Bonds available-for-sale, at fair value, net of allowance for credit losses of $159 in 2024 and $128 in 2023 (amortized cost: 2024 - $192,074; 2023 - $184,946)	[1]	$ 178,224	$ 166,527
Other bond securities	[1]	5,319	4,578
Equity securities, at fair value	[1]	258	63
Mortgage and other loans receivable, net of allowance for credit losses of $768 in 2024 and $698 in 2023	[1]	51,653	46,867
Other invested assets (portion measured at fair value: 2024 - $7,762; 2023 - $7,690)	[1]	10,087	10,257
Short-term investments, including restricted cash of $3 in 2024 and $3 in 2023 (portion measured at fair value: 2024 - $516; 2023 - $1,408)	[1]	4,898	4,336
Total investments		250,439	232,628
Cash	[1]	530	612
Accrued investment income	[1]	2,197	2,008
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2024 and $1 in 2023		690	594
Deferred income taxes		7,626	8,577
Deferred policy acquisition costs and value of business acquired		10,204	10,011
Market risk benefit assets, at fair value		1,164	912
Other assets, including restricted cash of $14 in 2024 and $13 in 2023 (portion measured at fair value: 2024 - $697; 2023 - $393)	[1]	2,239	2,294
Separate account assets, at fair value		96,368	91,005
Assets held-for-sale		111	2,237
Total assets		399,422	379,270
Liabilities:
Future policy benefits for life and accident and health insurance contracts		59,416	57,108
Policyholder contract deposits (portion measured at fair value: 2024 - $10,272; 2023 - $8,050)		172,177	162,050
Market risk benefit liabilities, at fair value		6,276	5,705
Other policyholder funds		2,852	2,862
Short-term debt		0	250
Separate account liabilities		96,368	91,005
Liabilities held-for-sale		0	1,746
Total liabilities		384,980	366,635
Contingencies, commitments and guarantees
Corebridge Shareholders' equity:
Common stock, $0.01 par value; 2,500,000,000 shares authorized; shares issued: 2024 - 650,189,849 and 2023 - 648,148,737		7	6
Treasury stock, at cost; 2024 - 75,798,204 shares and 2023 - 26,484,411 shares		(1,881)	(503)
Additional paid-in capital		8,148	8,149
Retained earnings		17,218	17,572
Accumulated other comprehensive loss		(9,884)	(13,458)
Total Corebridge Shareholders' equity		13,608	11,766
Non-redeemable noncontrolling interests		834	869
Total equity		14,442	12,635
Total liabilities and equity		399,422	379,270
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,865	9,118
Debt of Consolidated Entities
Liabilities:
Long-term debt	[1]	2,149	2,504
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		26,323	26,772
Liabilities:
Fortitude Re funds withheld payable (portion measured at fair value: 2024 - $3,341; 2023 - $2,182)		25,909	25,957
Excluding Fortitude
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		1,531	1,620
Liabilities:
Other liabilities (portion measured at fair value: 2024 - $209; 2023 - $141)	[1]	$ 9,968	$ 8,330
[1]See Note 8 for details of balances associated with variable interest entities

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Fixed maturity securities:
Bonds available for sale, allowance for credit losses		$ 159	$ 128
Bonds available for sale, amortized cost		192,074	184,946
Allowance for credit losses		768	698
Other investments	[1]	10,087	10,257
Restricted cash, included in other invested assets		3	3
Short-term Investments	[1]	4,898	4,336
Premiums and other receivables, allowance for credit losses and disputes		1	1
Other assets	[1]	2,239	2,294
Liabilities:
Policyholder contract deposits		$ 172,177	$ 162,050
Corebridge Shareholders' equity:
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Common stock, shares authorized (in shares)		2,500,000,000	2,500,000,000
Common stock, shares issued (in shares)		650,189,849	648,148,737
Treasury stock, at cost (in shares)		75,798,204	26,484,411
Fortitude RE
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Liabilities:
Fortitude Re funds withheld payable		25,909	25,957
Excluding Fortitude
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		12	30
Recurring Basis
Fixed maturity securities:
Other investments		7,762	7,690
Short-term Investments		516	1,408
Restricted cash, included in other assets		14	13
Other assets		697	393
Liabilities:
Policyholder contract deposits		10,272	8,050
Fortitude Re funds withheld payable		3,341	2,182
Other liabilities, portion measured at fair value		209	141
Long-term debt, portion measured at fair value		$ 0	$ 0
[1]See Note 8 for details of balances associated with variable interest entities

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) (unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues:
Premiums	$ 619	$ 701	$ 3,461	$ 5,249
Policy fees	728	702	2,163	2,094
Net Investment Income	3,296	2,657	9,208	8,066
Net realized gains (losses):
Total net realized gains (losses)	(2,327)	1,220	(3,394)	(558)
Advisory fee income	128	118	376	349
Other income	172	107	348	324
Total revenues	2,616	5,505	12,162	15,524
Benefits and expenses:
Policyholder benefits (includes remeasurement (gains) losses of $140 and $35 for the three months ended September 30, 2024 and 2023, and $308 and $192, for the nine months ended September 30, 2024 and 2023, respectively)	1,149	1,102	5,005	6,473
Change in the fair value of market risk benefits, net	603	(418)	259	(484)
Interest credited to policyholder account balances	1,358	1,134	3,831	3,238
Amortization of deferred policy acquisition costs and value of business acquired	260	268	787	782
Non-deferrable insurance commissions	141	146	430	435
Advisory fee expenses	73	65	212	194
General operating expenses	492	611	1,596	1,797
Interest expense	133	135	409	441
Net (gain) loss on divestitures	1	1	(245)	(55)
Total benefits and expenses	4,210	3,044	12,284	12,821
Income (loss) before income tax expense (benefit)	(1,594)	2,461	(122)	2,703
Income tax expense (benefit)	(407)	392	(103)	336
Net income (loss)	(1,187)	2,069	(19)	2,367
Less:
Net income (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Net income (loss) attributable to Corebridge	$ (1,184)	$ 2,101	$ 59	$ 2,413
Income (loss) per common share attributable to Corebridge common shareholders:
Common stock - basic (in dollars per share)	$ (2.02)	$ 3.29	$ 0.10	$ 3.73
Common stock - diluted (in dollars per share)	$ (2.02)	$ 3.28	$ 0.10	$ 3.72
Weighted average shares outstanding:
Common stock - basic (in shares)	587.1	639	607.5	646.8
Common stock - diluted (in shares)	587.1	641	608.5	648.6
Excluding Fortitude Re Funds Withheld Assets
Revenues:
Net Investment Income	$ 2,781	$ 2,424	$ 8,036	$ 7,169
Net realized gains (losses):
Total net realized gains (losses)	(975)	368	(1,843)	(397)
Fortitude Re funds withheld assets
Revenues:
Net Investment Income	515	233	1,172	897
Net realized gains (losses):
Total net realized gains (losses)	157	(228)	(100)	(338)
Fortitude Re funds withheld embedded derivative
Net realized gains (losses):
Total net realized gains (losses)	$ (1,509)	$ 1,080	$ (1,451)	$ 177

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Loss) (unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Policyholder benefits, remeasurement losses	$ 140	$ 35	$ 308	$ 192

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,187)	$ 2,069	$ (19)	$ 2,367
Other comprehensive income (loss), net of tax
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	(12)	(49)	14	24
Change in unrealized appreciation (depreciation) of all other investments	5,587	(5,058)	3,444	(3,410)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(143)	(81)	(7)	(196)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	(904)	1,116	18	1,137
Change in cash flow hedges	88	(14)	66	(24)
Change in foreign currency translation adjustments	17	(29)	84	43
Change in retirement plan liabilities	0	0	0	2
Other comprehensive income (loss)	4,633	(4,115)	3,619	(2,424)
Comprehensive income (loss)	3,446	(2,046)	3,600	(57)
Less:
Comprehensive income (loss) attributable to noncontrolling interests	6	(35)	(71)	(39)
Comprehensive income (loss) attributable to Corebridge	$ 3,440	$ (2,011)	$ 3,671	$ (18)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (unaudited) - USD ($) $ in Millions	Total	Common Class B	Total Corebridge Shareholders' Equity	Total Corebridge Shareholders' Equity Common Class B	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Retained Earnings Common Class B	Accumulated Other Comprehensive Income (Loss)	Non- Redeemable Noncontrolling Interests
Balance, beginning of period at Dec. 31, 2022	$ 10,319		$ 9,380		$ 6	$ 0	$ 8,030	$ 18,207		$ (16,863)	$ 939
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(249)		(249)			(249)
Net income (loss) income attributable to Corebridge or noncontrolling interests	2,367		2,413					2,413			(46)
Dividends on common stock	(846)		(846)					(846)
Other comprehensive income (loss), net of tax	(2,424)		(2,431)							(2,431)	7
Changes in noncontrolling interests due to divestitures and acquisitions	(19)										(19)
Contributions from noncontrolling interests	63										63
Distributions to noncontrolling interests	(54)										(54)
Other	99		99				108	(9)
Balance, end of period at Sep. 30, 2023	9,256		8,366		6	(249)	8,138	19,765		(19,294)	890
Balance, beginning of period at Jun. 30, 2023	11,468		10,561		6	(202)	8,128	17,811		(15,182)	907
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(47)		(47)			(47)
Net income (loss) income attributable to Corebridge or noncontrolling interests	2,069		2,101					2,101			(32)
Dividends on common stock		$ (146)		$ (146)					$ (146)
Other comprehensive income (loss), net of tax	(4,115)		(4,112)							(4,112)	(3)
Contributions from noncontrolling interests	20										20
Distributions to noncontrolling interests	(1)										(1)
Other	8		9				10	(1)			(1)
Balance, end of period at Sep. 30, 2023	9,256		8,366		6	(249)	8,138	19,765		(19,294)	890
Balance, beginning of period at Dec. 31, 2023	12,635		11,766		6	(503)	8,149	17,572		(13,458)	869
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under stock plans	1		1		1	23	(23)
Purchase of common stock	(1,401)		(1,401)			(1,401)
Net income (loss) income attributable to Corebridge or noncontrolling interests	(19)		59					59			(78)
Dividends on common stock	(415)		(415)					(415)
Other comprehensive income (loss), net of tax	3,619		3,612							3,612	7
Changes in noncontrolling interests due to divestitures and acquisitions	1										1
Contributions from noncontrolling interests	63										63
Distributions to noncontrolling interests	(24)										(24)
Other	(18)		(14)				22	2		(38)	(4)
Balance, end of period at Sep. 30, 2024	14,442		13,608		7	(1,881)	8,148	17,218		(9,884)	834
Balance, beginning of period at Jun. 30, 2024	11,812		10,996		7	(1,161)	8,122	18,536		(14,508)	816
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(720)		(720)			(720)
Net income (loss) income attributable to Corebridge or noncontrolling interests	(1,187)		(1,184)					(1,184)			(3)
Dividends on common stock		$ (133)		$ (133)					$ (133)
Other comprehensive income (loss), net of tax	4,633		4,624							4,624	9
Contributions from noncontrolling interests	10										10
Distributions to noncontrolling interests	7										7
Other	20		25				26	(1)			(5)
Balance, end of period at Sep. 30, 2024	$ 14,442		$ 13,608		$ 7	$ (1,881)	$ 8,148	$ 17,218		$ (9,884)	$ 834

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	3 Months Ended			9 Months Ended			12 Months Ended
	Sep. 30, 2024		Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023	Dec. 31, 2023
Cash flows from operating activities:
Net income (loss)	$ (1,187)		$ 2,069	$ (19)		$ 2,367
Non-cash revenues, expenses, gains and losses included in income (loss):
Net losses (gains) on sales of securities available-for-sale and other assets				927		291
Net (gain) loss on divestitures	1		1	(245)		(55)
Unrealized (gains) losses in earnings - net				979		1,150
Change in the fair value of market risk benefits, net				(72)		(1,056)
Equity in income from equity method investments, net of dividends or distributions				69		14
Depreciation and other amortization				132		346
Impairments of assets				55		20
Changes in operating assets and liabilities:
Insurance liabilities				498		354
Premiums and other receivables and payables - net				(246)		(335)
Funds held relating to Fortitude Re Reinsurance contracts				19		(1,648)
Reinsurance assets and funds held under reinsurance treaties				646		596
Capitalization of deferred policy acquisition costs				(1,015)		(941)
Current and deferred income taxes - net				(348)		563
Other, net				(708)		924
Total adjustments				691		223
Net cash provided by operating activities				672		2,590
Sales or distributions of:
Available-for-sale securities				6,060		6,203
Other securities				470		774
Other invested assets				982		949
Divestitures, net				577		32
Maturities of fixed maturity securities available-for-sale				11,245		6,186
Principal payments received on mortgage and other loans receivable				3,222		3,778
Purchases of:
Available-for-sale securities				(22,954)		(11,101)
Other securities				(1,008)		(1,124)
Other invested assets				(661)		(902)
Mortgage and other loans receivable				(7,692)		(6,240)
Acquisition of businesses, net of cash and restricted cash acquired				0		(5)
Net change in short-term investments				(572)		(776)
Net change in derivative assets and liabilities				295		(1,087)
Other, net				(151)		46
Net cash used in investing activities				(10,187)		(3,267)
Proceeds from (payments for):
Policyholder contract deposits				30,661		24,550
Policyholder contract withdrawals				(21,846)		(20,409)
Repayments of short-term debt				(250)		(500)
Maturities and repayments of debt of consolidated investment entities				(652)		(374)
Dividends paid on common stock				(415)		(846)
Distributions to noncontrolling interests				(24)		(59)
Contributions from noncontrolling interests				63		63
Net change in securities lending and repurchase agreements				2,580		(2,290)
Issuance of common stock				1		0
Repurchase of common stock				(1,394)		(246)
Other, net				(165)		73
Net cash provided by (used in) financing activities				9,434		660
Effect of exchange rate changes on cash and restricted cash				0		3
Net increase (decrease) in cash and restricted cash				(81)		(14)
Cash and restricted cash at beginning of year				628		633	$ 633
Change in cash of businesses held for sale				0		(38)
Cash and restricted cash at end of period	547		581	547		581	628
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash	530	[1]	569	530	[1]	569	612	[1]
Restricted cash included in short-term investments	3		3	3		3
Restricted cash included in other assets	14		9	14		9
Total cash and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	547		$ 581	547		581	628
Cash (received) paid during the period for:
Interest				315		288
Taxes				245		(227)
Non-cash investing activities:
Fixed maturity securities, designated available-for-sale, received in connection with pension risk transfer transactions				(1,316)		(2,818)
Fixed maturity securities, designated fair value option, received in connection with reinsurance transactions				(232)		0
Fixed maturity securities, designated available-for-sale, transferred in connection with reinsurance transactions				153		439
Fixed maturity securities, designated fair value option, transferred in connection with reinsurance transactions				73		17
Other invested assets securities, transferred in connection with reinsurance transactions				43		(111)
Non-cash financing activities:
Interest credited to policyholder contract deposits included in financing activities				3,911		3,217
Fee income debited to policyholder contract deposits included in financing activities				(2,143)		(1,567)
Non-cash capital contributions				17		16
Consolidated Entity, Excluding VIE
Proceeds from (payments for):
Issuance of long-term debt				743		496
Consolidated VIE
Proceeds from (payments for):
Issuance of long-term debt				132		$ 202
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash	$ 53			$ 53			$ 61
[1]See Note 8 for details of balances associated with variable interest entities

Overview and Basis of Presentat

Overview and Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	1. Overview and Basis of Presentation Corebridge Financial, Inc. (“Corebridge Parent”) is a leading provider of retirement solutions and life insurance products in the United States. Our primary business operations consist of sales of individual and group annuities and life insurance products to individuals and institutional markets products. Corebridge Parent common stock, par value $0.01 per share, is listed on the New York Stock Exchange (NYSE:CRBG). The terms “Corebridge,” “we,” “us,” “our” or the “Company” mean Corebridge Parent and its consolidated subsidiaries, unless the context refers to Corebridge Parent only. Subsidiaries of Corebridge Parent include: AGC Life Insurance Company (“AGC”), American General Life Insurance Company (“AGL”), The Variable Annuity Life Insurance Company (“VALIC”), The United States Life Insurance Company in the City of New York (“USL”), Corebridge Insurance Company of Bermuda, Ltd. (" CRBG Bermuda") and SAFG Capital LLC and its subsidiaries. American International Group, Inc. (“AIG Parent”) is a publicly traded entity, listed on the New York Stock Exchange (NYSE: AIG). The term “AIG” means AIG Parent and its consolidated subsidiaries, unless the context refers to AIG Parent only. These unaudited Condensed Consolidated Financial Statements present the results of operations, financial condition and cash flows of the Company. On September 19, 2022, we completed an initial public offering (the “IPO”) in which AIG Parent sold 80.0 million shares of Corebridge Parent common stock to the public. Since our IPO, AIG Parent has sold portions of its interest in Corebridge through secondary public offerings and other transactions. As of September 30, 2024, AIG Parent owned approximately 48.6% of the outstanding Corebridge Parent common stock. On May 16, 2024, Corebridge Parent entered into a stock purchase agreement (the “Purchase Agreement”) with AIG Parent and Nippon Life Insurance Company, a mutual company organized under the laws of Japan (“Nippon”), pursuant to which AIG Parent agreed to sell approximately 122 million shares of Corebridge Parent common stock, representing approximately 20% of the issued and outstanding Corebridge Parent common stock at signing, to Nippon (the “Nippon Transaction”). The Nippon Transaction is expected to close no later than the first quarter of 2025, subject to certain closing conditions, including the receipt of specified regulatory approvals. On May 16, 2024, in connection with the execution of the Purchase Agreement, the Company entered into an Amendment to the Separation Agreement, dated as of September 14, 2022, by and between the Company and AIG Parent (the “Separation Agreement”), pursuant to which the Company and AIG Parent agreed to certain changes with respect to AIG’s board designation rights and AIG’s right to consent over certain actions by the Company, as set forth in the Separation Agreement. On June 9, 2024, AIG Parent waived its right under the Separation Agreement to include a majority of the candidates on each slate of candidates recommended by the Corebridge Board of Directors to Corebridge’s stockholders in connection with a meeting of stockholders. On June 10, 2024, AIG Parent announced that it has met the requirements for the deconsolidation for accounting purposes of Corebridge. These Condensed Consolidated Financial Statements include the results of Corebridge Parent, its controlled subsidiaries (generally through a greater than 50% ownership of voting rights and voting interests) and variable interest entities (“VIEs”) of which we are the primary beneficiary. Equity investments in entities that we do not consolidate, including corporate entities in which we have significant influence and partnership and partnership-like entities in which we have more than minor influence over the operating and financial policies, are accounted for under the equity method unless we have elected the fair value option. The accompanying Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’). All material intercompany accounts and transactions between consolidated entities have been eliminated. The accompanying Condensed Consolidated Financial Statements reflect all normal recurring adjustments, including eliminations of material intercompany accounts and transactions, necessary in the opinion of management for a fair statement of our financial position, results of operations and cash flows for the periods presented. SALE OF BUSINESSES AIG Life Limited (“AIG Life U.K.”) On April 8, 2024, Corebridge completed the sale of AIG Life Limited (“AIG Life U.K.”) to Aviva plc (“Aviva”) and received gross proceeds of £453 million ($569 million) resulting in a pre-tax gain of $246 million for the nine months ended September 30, 2024. Laya Healthcare Ltd. (“Laya”) On October 31, 2023 Corebridge completed the sale of Laya to AXA and received gross proceeds of €691 million ($731 million) resulting in a pre-tax gain of $652 million for the year ended December 31, 2023. Held-For-Sale Classification Assets classified as held-for-sale are segregated and reported in Assets held-for-sale in our Condensed Consolidated Balance Sheets beginning in the period in which the assets are classified as held-for-sale. At September 30, 2024, we recorded Assets held-for-sale, primarily consisting of real estate, of $111 million. At December 31, 2023, we recorded Assets held-for-sale and Liabilities held-for-sale, primarily consisting of AIG Life U.K. and real estate, of $2.2 billion and $1.7 billion, respectively. USE OF ESTIMATES The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. Accounting policies that we believe are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of: • fair value measurements of certain financial assets and liabilities; • valuation of market risk benefits (“MRBs”) related to guaranteed benefit features of variable annuity, fixed annuity and fixed index annuity products; valuation of embedded derivative liabilities for fixed index annuity and index universal life products; • valuation of future policy benefit liabilities and recognition of remeasurement gains and losses; • reinsurance assets, including the allowance for credit losses; • goodwill impairment; • allowance for credit losses primarily on loans and available-for-sale fixed maturity securities; and • income tax assets and liabilities, including recoverability of our net deferred tax asset and the predictability of future tax operating profitability of the character necessary to realize the net deferred tax asset. These accounting estimates require the use of assumptions about matters, some of which are highly uncertain at the time of estimation. To the extent actual experience differs from the assumptions used, our consolidated financial condition, results of operations and cash flows could be materially affected. Out-of-period adjustment For the nine months ended September 30, 2024, the Company recorded an $86 million out-of-period adjustment, which increased earnings, primarily related to the correction of net investment income for certain securities and corrections related to the calculation of certain actuarially determined balances. The Company evaluated the impact of the error and out-of-period adjustment and concluded it was not material to any previously issued interim or annual consolidated financial statements and the adjustment is not expected to be material to the year ending December 31, 2024.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies ACCOUNTING STANDARDS ADOPTED DURING 2024 Changes to GAAP are established by the Financial Accounting Standards Board (“FASB”) in the form of accounting standards updates (“ASU”) to the FASB Accounting Standards Codification. The Company considers the applicability and impact of all ASUs. Fair Value Measurement On June 30, 2022, the FASB issued an ASU to address diversity in practice by clarifying that a contractual sale restriction should not be considered in the measurement of the fair value of an equity security. It also requires entities with investments in equity securities subject to contractual sale restrictions to disclose certain qualitative and quantitative information about such securities. The Company adopted the standard on January 1, 2024, prospectively for entities other than investment companies. The adoption of the standard did not have a material impact to our consolidated financial statements. FUTURE APPLICATION OF ACCOUNTING STANDARDS Income Taxes In December 2023, the FASB issued an ASU to address improvements to income tax disclosures. The standard requires disaggregated information about a company’s effective tax rate reconciliation as well as information on income taxes paid. The standard is effective for public companies for annual periods beginning after December 15, 2024, with early adoption permitted. The standard will be applied on a prospective basis with the option to apply the standard retrospectively. We are assessing the impact of this standard. Segment Reporting In November 2023, the FASB issued an ASU to address improvements to reportable segment disclosures. The standard primarily requires the following disclosure on an annual and interim basis: i) significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, and ii) other segment items and description of its composition. The standard also requires current annual disclosures about a reportable segment’s profits or losses and assets to be disclosed in interim periods and the title and position of the CODM with an explanation of how the CODM uses the reported measure(s) of segment profits or losses in assessing segment performance. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The ASU is applied retrospectively to all prior periods presented. The Company does not expect the adoption of this ASU will have a material impact on its consolidated financial statements.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Information	3. Segment Information We report our results of operations consistent with the manner in which our chief operating decision maker reviews the business to assess performance and allocate resources. We report our results of operations as five reportable segments: • Individual Retirement – consists of fixed annuities, fixed index annuities and variable annuities. • Group Retirement – consists of recordkeeping, plan administrative and compliance services, financial planning and advisory solutions offered in-plan, along with proprietary and limited non-proprietary annuities, advisory and brokerage products offered out-of-plan. • Life Insurance – primary products in the United States include term life and universal life insurance. The International Life business issued individual and group life insurance in the United Kingdom and distributed private medical insurance in Ireland. On October 31, 2023 Corebridge completed the sale of Laya and on April 8, 2024 completed the sale of AIG Life U.K. • Institutional Markets – consists of stable value wrap (“SVW”) products, structured settlement and pension risk transfer (“PRT”) annuities, guaranteed investment contracts (“GICs”) and Corporate Markets products that include corporate- and bank-owned life insurance (“COLI-BOLI”), private placement variable universal life and private placement variable annuity products. • Corporate and Other – consists primarily of: – corporate expenses not attributable to our other segments; – interest expense on financial debt; – results of our consolidated investment entities; – institutional asset management business, which includes managing assets for non-consolidated affiliates; and – results of our legacy insurance lines ceded to Fortitude Re. We evaluate segment performance based on adjusted revenues and adjusted pre-tax operating income (loss) (“APTOI”). Adjusted revenues are derived by excluding certain items from total revenues. APTOI is derived by excluding certain items from income from operations before income tax. These items generally fall into one or more of the following broad categories: legacy matters having no relevance to our current businesses or operating performance; adjustments to enhance transparency to the underlying economics of transactions; and adjustments that we believe to be common to the industry. Legal entities are attributed to each segment based upon the predominance of activity in that legal entity. APTOI excludes the impact of the following items: Fortitude Re related adjustments: The modified coinsurance (“modco”) reinsurance agreements with Fortitude Re transfer the economics of the invested assets supporting the reinsurance agreements to Fortitude Re. Accordingly, the net investment income on Fortitude Re funds withheld assets and the net realized gains (losses) on Fortitude Re funds withheld assets are excluded from APTOI. Similarly, changes in the Fortitude Re funds withheld embedded derivative are also excluded from APTOI. The ongoing results associated with the reinsurance agreement with Fortitude Re have been excluded from APTOI as these are not indicative of our ongoing business operations. Investment-related adjustments: APTOI excludes “Net realized gains (losses)”, except for gains (losses) related to the disposition of real estate investments. Net realized gains (losses), except for gains (losses) related to the disposition of real estate investments, are excluded as the timing of sales on invested assets or changes in allowances depend largely on market credit cycles and can vary considerably across periods. In addition, changes in interest rates may create opportunistic scenarios to buy or sell invested assets. Our derivative results, including those used to economically hedge insurance liabilities, or those recognized as embedded derivatives at fair value, are also included in Net realized gains (losses) and are similarly excluded from APTOI except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedges or for asset replication. Earned income on such economic hedges is reclassified from Net realized gains and losses to specific APTOI line items based on the economic risk being hedged (e.g., Net investment income and Interest credited to policyholder account balances). Market Risk Benefits adjustments: Certain of our variable annuity, fixed annuity and fixed index annuity contracts contain guaranteed minimum withdrawal benefits (“GMWBs”) and/or guaranteed minimum death benefits (“GMDBs”) which are accounted for as MRBs. Changes in the fair value of these MRBs (excluding changes related to our own credit risk), including certain rider fees attributed to the MRBs, along with changes in the fair value of derivatives used to hedge MRBs are recorded through “Change in the fair value of MRBs, net” and are excluded from APTOI. Changes in the fair value of securities used to economically hedge MRBs are excluded from APTOI. Other adjustments: Other adjustments represent all other adjustments that are excluded from APTOI and includes the net pre-tax operating income (losses) from noncontrolling interests related to consolidated investment entities. The excluded adjustments include, as applicable: • restructuring and other costs related to initiatives designed to reduce operating expenses, improve efficiency and simplify our organization; • non-recurring costs associated with the implementation of non-ordinary course legal or regulatory changes or changes to accounting principles; • separation costs; • non-operating litigation reserves and settlements; • loss (gain) on extinguishment of debt, if any; • losses from the impairment of goodwill, if any; and • income and loss from divested or run-off business, if any. The following table presents Corebridge’s operations by segment: (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Three Months Ended September 30, 2024 Premiums $ 36 $ 5 $ 352 $ 208 $ 17 $ — $ 618 $ 1 $ 619 Policy fees 205 113 360 50 — — 728 — 728 Net investment income (a) 1,461 478 336 568 (5) (4) 2,834 462 3,296 Net realized gains (losses) (a)(b) — — — — 53 — 53 (2,380) (2,327) Advisory fee and other income 116 88 81 6 9 — 300 — 300 Total adjusted revenues 1,818 684 1,129 832 74 (4) 4,533 (1,917) 2,616 Policyholder benefits 21 9 687 435 — — 1,152 (3) 1,149 Change in the fair value of market risk benefits, net — — — — — — — 603 603 Interest credited to policyholder account balances 744 305 84 215 — — 1,348 10 1,358 Amortization of deferred policy acquisition costs 153 21 82 4 — — 260 — 260 Non-deferrable insurance commissions 99 30 7 5 — — 141 — 141 Advisory fee expenses 38 34 1 — — — 73 — 73 General operating expenses 106 97 112 19 71 (1) 404 88 492 Interest expense — — — — 132 (5) 127 6 133 Net (gain) on divestitures — — — — — — — 1 1 Total benefits and expenses 1,161 496 973 678 203 (6) 3,505 705 4,210 Noncontrolling interests — — — — 3 — 3 Adjusted pre-tax operating income (loss) $ 657 $ 188 $ 156 $ 154 $ (126) $ 2 $ 1,031 Adjustments to: Total revenue (1,917) Total expenses 705 Noncontrolling interests (3) Income before income tax expense (benefit) $ (1,594) $ (1,594) Three Months Ended September 30, 2023 Premiums $ 29 $ 6 $ 449 $ 200 $ 19 $ — $ 703 $ (2) $ 701 Policy fees 182 102 371 47 — — 702 — 702 Net investment income (loss) (a) 1,240 504 313 408 (2) (7) 2,456 201 2,657 Net realized gains (losses) (a)(b) — — — — (5) — (5) 1,225 1,220 Advisory fee and other income 107 78 29 1 10 — 225 — 225 Total adjusted revenues 1,558 690 1,162 656 22 (7) 4,081 1,424 5,505 Policyholder benefits 29 12 673 389 — — 1,103 (1) 1,102 Change in the fair value of market risk benefits, net — — — — — — — (418) (418) Interest credited to policyholder account balances 582 298 86 165 — — 1,131 3 1,134 Amortization of deferred policy acquisition costs 150 21 95 2 — — 268 — 268 Non-deferrable insurance commissions 90 29 22 5 — — 146 — 146 Advisory fee expenses 35 29 1 — — — 65 — 65 General operating expenses 96 109 149 20 85 — 459 152 611 Interest expense — — — — 132 (4) 128 7 135 Net (gain) on divestitures — — — — — — — 1 1 Total benefits and expenses 982 498 1,026 581 217 (4) 3,300 (256) 3,044 Noncontrolling interests — — — — 32 — 32 Adjusted pre-tax operating income (loss) $ 576 $ 192 $ 136 $ 75 $ (163) $ (3) $ 813 Adjustments to: Total revenue 1,424 Total expenses (256) Noncontrolling interests (32) Income before income tax expense (benefit) $ 2,461 $ 2,461 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Nine Months Ended September 30, 2024 Premiums $ 107 $ 10 $ 1,117 $ 2,171 $ 55 $ — $ 3,460 $ 1 $ 3,461 Policy fees 596 328 1,094 145 — — 2,163 — 2,163 Net investment income (a) 4,205 1,460 984 1,544 3 (17) 8,179 1,029 9,208 Net realized gains (losses) (a)(b) — — — — 36 — 36 (3,430) (3,394) Advisory fee and other income 340 254 82 8 40 — 724 — 724 Total adjusted revenues 5,248 2,052 3,277 3,868 134 (17) 14,562 (2,400) 12,162 Policyholder benefits 90 10 2,062 2,852 — — 5,014 (9) 5,005 Change in the fair value of market risk benefits, net — — — — — — — 259 259 Interest credited to policyholder account balances 2,078 903 251 571 — — 3,803 28 3,831 Amortization of deferred policy acquisition costs 454 63 260 10 — — 787 — 787 Non-deferrable insurance commissions 283 89 42 15 1 — 430 — 430 Advisory fee expenses 111 99 2 — — — 212 — 212 General operating expenses 332 305 355 58 232 (1) 1,281 315 1,596 Interest expense — — — — 401 (15) 386 23 409 Net (gain) on divestitures — — — — — — — (245) (245) Total benefits and expenses 3,348 1,469 2,972 3,506 634 (16) 11,913 371 12,284 Noncontrolling interests — — — — 78 — 78 Adjusted pre-tax operating income (loss) $ 1,900 $ 583 $ 305 $ 362 $ (422) $ (1) $ 2,727 Adjustments to: Total revenue (2,400) Total expenses 371 Noncontrolling interests (78) Income before income tax expense (benefit) $ (122) $ (122) Nine Months Ended September 30, 2023 Premiums $ 173 $ 16 $ 1,317 $ 3,686 $ 59 $ — $ 5,251 $ (2) $ 5,249 Policy fees 528 304 1,117 145 — — 2,094 — 2,094 Net investment income (a) 3,592 1,508 957 1,147 85 (18) 7,271 795 8,066 Net realized gains (losses) (a)(b) — — — — 0 — — (558) (558) Advisory fee and other income 318 230 84 1 40 — 673 — 673 Total adjusted revenues 4,611 2,058 3,475 4,979 184 (18) 15,289 235 15,524 Policyholder benefits 165 27 2,102 4,188 (3) — 6,479 (6) 6,473 Change in the fair value of market risk benefits, net — — — — — — — (484) (484) Interest credited to policyholder account balances 1,654 883 253 421 — — 3,211 27 3,238 Amortization of deferred policy acquisition costs 425 62 289 6 — — 782 — 782 Non-deferrable insurance commissions 270 90 60 14 1 — 435 — 435 Advisory fee expenses 105 87 2 — — — 194 — 194 General operating expenses 308 334 475 64 261 — 1,442 355 1,797 Interest expense — — — — 433 (14) 419 22 441 Net (gain) on divestitures — — — — — — — (55) (55) Total benefits and expenses 2,927 1,483 3,181 4,693 692 (14) 12,962 (141) 12,821 Noncontrolling interests — — — — 46 — 46 Adjusted pre-tax operating income (loss) $ 1,684 $ 575 $ 294 $ 286 $ (462) $ (4) $ 2,373 Adjustments to: Total revenue 235 Total expenses (141) Noncontrolling interests (46) Income before income tax expense (benefit) $ 2,703 $ 2,703 (a) Adjustments include Fortitude Re activity of $(0.8) billion and $1.1 billion for the three months ended September 30, 2024 and 2023, respectively, and $(379) million and $736 million for the nine months ended September 30, 2024 and 2023, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. Fair Value Measurements FAIR VALUE MEASUREMENTS ON A RECURRING BASIS Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are measured and classified in accordance with a fair value hierarchy consisting of three “levels” based on the observability of valuation inputs: • Level 1: Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments. • Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions about the inputs a hypothetical market participant would use to value that asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: September 30, 2024 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ — $ 1,471 $ — $ — $ — $ 1,471 Obligations of states, municipalities and political subdivisions — 4,265 850 — — 5,115 Non-U.S. governments — 3,973 — — — 3,973 Corporate debt — 108,492 1,551 — — 110,043 RMBS (b) — 10,524 6,613 — — 17,137 CMBS — 9,569 676 — — 10,245 CLO — 9,185 2,040 — — 11,225 ABS — 1,397 17,618 — — 19,015 Total bonds available-for-sale — 148,876 29,348 — — 178,224 Other bond securities: U.S. government and government sponsored entities — — — — — — Obligations of states, municipalities and political subdivisions — 40 1 — — 41 Non-U.S. governments — 29 — — — 29 Corporate debt — 2,832 205 — — 3,037 RMBS (c) — 61 105 — — 166 CMBS — 220 14 — — 234 CLO — 426 61 — — 487 ABS — 75 1,250 — — 1,325 Total other bond securities — 3,683 1,636 — — 5,319 Equity securities 217 — 41 — — 258 Other invested assets (d) — — 1,817 — — 1,817 Derivative assets: Interest rate contracts — 3,419 343 — — 3,762 Foreign exchange contracts — 885 — — — 885 Equity contracts 9 2,935 1,407 — — 4,351 Credit contracts — 134 — — — 134 Other contracts — 1 12 — — 13 Counterparty netting and cash collateral — — — (5,611) (2,837) (8,448) Total derivative assets 9 7,374 1,762 (5,611) (2,837) 697 Short-term investments 14 502 — — — 516 Market risk benefit assets — — 1,164 — — 1,164 Separate account assets 92,943 3,425 — — — 96,368 Total $ 93,183 $ 163,860 $ 35,768 $ (5,611) $ (2,837) $ 284,363 Liabilities: Policyholder contract deposits (e) $ — $ 183 $ 10,089 $ — $ — $ 10,272 Derivative liabilities: Interest rate contracts — 3,419 — — — 3,419 Foreign exchange contracts — 583 — — — 583 Equity contracts 5 2,018 75 — — 2,098 Credit contracts — — — — — — Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (5,611) (281) (5,892) Total derivative liabilities 5 6,020 76 (5,611) (281) 209 Fortitude Re funds withheld payable (f) — — 3,341 — — 3,341 Market risk benefit liabilities — — 6,276 — — 6,276 Total $ 5 $ 6,203 $ 19,782 $ (5,611) $ (281) $ 20,098 December 31, 2023 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ 20 $ 1,200 $ — $ — $ — $ 1,220 Obligations of states, municipalities and political subdivisions — 4,987 844 — — 5,831 Non-U.S. governments — 4,057 — — — 4,057 Corporate debt — 104,725 1,357 — — 106,082 RMBS (b) — 8,423 5,854 — — 14,277 CMBS — 9,373 608 — — 9,981 CLO — 9,301 1,843 — — 11,144 ABS — 1,029 12,906 — — 13,935 Total bonds available-for-sale 20 143,095 23,412 — — 166,527 Other bond securities: Obligations of states, municipalities and political subdivisions — 39 1 — — 40 Non-U.S. governments — 13 — — — 13 Corporate debt — 2,486 167 — — 2,653 RMBS (c) — 63 107 — — 170 CMBS — 211 17 — — 228 CLO — 354 69 — — 423 ABS — 89 962 — — 1,051 Total other bond securities — 3,255 1,323 — — 4,578 Equity securities 21 — 42 — — 63 Other invested assets (d) — — 1,850 — — 1,850 Derivative assets: Interest rate contracts — 2,498 449 — — 2,947 Foreign exchange contracts — 940 — — — 940 Equity contracts 7 1,186 824 — — 2,017 Credit contracts — 8 — — — 8 Other contracts — 1 12 — — 13 Counterparty netting and cash collateral — — — (3,646) (1,886) (5,532) Total derivative assets 7 4,633 1,285 (3,646) (1,886) 393 Short-term investments 21 1,387 — — — 1,408 Market risk benefit assets — — 912 — — 912 Separate account assets 87,813 3,192 — — — 91,005 Total (g) $ 87,882 $ 155,562 $ 28,824 $ (3,646) $ (1,886) $ 266,736 Liabilities: Policyholder contract deposits (e) $ — $ 108 $ 7,942 $ — $ — $ 8,050 Derivative liabilities: Interest rate contracts — 3,278 — — — 3,278 Foreign exchange contracts — 563 — — — 563 Equity contracts 2 680 63 — — 745 Other contracts — — 2 — — 2 Counterparty netting and cash collateral — — — (3,646) (801) (4,447) Total derivative liabilities 2 4,521 65 (3,646) (801) 141 Fortitude Re funds withheld payable (f) — — 2,182 — — 2,182 Market risk benefit liabilities — — 5,705 — — 5,705 Total $ 2 $ 4,629 $ 15,894 $ (3,646) $ (801) $ 16,078 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Includes investments in residential-backed mortgage securities (“RMBS”) issued by related parties of $— million and $— million classified as Level 2 and Level 3, respectively, as of September 30, 2024. Additionally, includes investments in RMBS issued by related parties of $36 million and $7 million classified as Level 2 and Level 3, respectively, as of December 31, 2023. (c) Includes $— million and less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of September 30, 2024 and December 31, 2023. (d) Excludes investments that are measured at fair value using the net asset value (“NAV”) per share (or its equivalent), which totaled $5.9 billion and $5.8 billion as of September 30, 2024 and December 31, 2023, respectively. (e) Excludes basis adjustments for fair value hedges. (f) As discussed in Note 7, the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s Condensed Consolidated Balance Sheets. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge, which are primarily available-for-sale securities. (g) Excludes assets that were reclassified to Assets held-for-sale in the Condensed Consolidated Balance Sheets of $167 million, as of December 31, 2023. See Note 4 in the 2023 Form 10-K for additional information . CHANGES IN LEVEL 3 RECURRING FAIR VALUE MEASUREMENTS The following tables present changes during the three and nine months ended September 30, 2024 and 2023 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at September 30, 2024 and 2023: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 796 $ (1) $ 55 $ — $ — $ — $ — $ 850 $ — $ 53 Corporate debt 1,393 8 44 (46) 241 (89) — 1,551 — 46 RMBS 6,453 82 242 (20) — (144) — 6,613 — 234 CMBS 529 13 52 (27) 118 (9) — 676 — 40 CLO 1,772 34 (39) 326 10 (63) — 2,040 — (26) ABS 16,355 148 311 729 77 (2) — 17,618 — 315 Total bonds available-for-sale 27,298 284 665 962 446 (307) — 29,348 — 662 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — — — — — 1 — — Corporate debt 195 7 — — 3 — — 205 7 — RMBS 103 5 — (1) — (2) — 105 4 — CMBS 17 1 — (4) — — — 14 1 — CLO 61 (1) — 8 — (7) — 61 (1) — ABS 1,193 45 — 11 1 — — 1,250 32 — Total other bond securities 1,570 57 — 14 4 (9) — 1,636 43 — Equity securities 48 — — — — — (7) 41 — — Other invested assets 1,655 17 15 130 — — — 1,817 15 — Total (a) $ 30,571 $ 358 $ 680 $ 1,106 $ 450 $ (316) $ (7) $ 32,842 $ 58 $ 662 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 9,036 $ 953 $ — $ 100 $ — $ — $ — $ 10,089 $ (262) $ — Derivative liabilities, net: Interest rate contracts (423) 76 — (2) — — 6 (343) (76) — Equity contracts (1,023) (364) — 56 — — (1) (1,332) 305 — Other contracts (12) (15) — 15 — — 1 (11) 14 — Total derivative liabilities, net (b) (1,458) (303) — 69 — — 6 (1,686) 243 — Fortitude Re funds withheld payable 1,913 1,509 — (81) — — — 3,341 (861) — Total (c) $ 9,491 $ 2,159 $ — $ 88 $ — $ — $ 6 $ 11,744 $ (880) $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 853 $ (2) $ (77) $ (12) $ — $ — $ — $ 762 $ — $ (81) Corporate debt 1,303 (3) (65) (13) 147 (185) — 1,184 — (70) RMBS 5,753 74 (66) (13) 1 (22) — 5,727 — (106) CMBS 505 5 (28) (2) 33 — — 513 — (27) CLO 1,708 24 32 (40) 2 (11) 72 1,787 — 34 ABS 11,127 41 (167) 477 551 (2) — 12,027 — (153) Total bonds available-for-sale 21,249 139 (371) 397 734 (220) 72 22,000 — (403) Other bond securities: Obligations of states, municipalities and political subdivisions 3 — — (2) — — — 1 — — Corporate debt 110 1 — 65 — — — 176 3 — RMBS 112 (4) — (2) — — — 106 (4) — CMBS 26 (2) — — — — — 24 (3) — CLO 25 5 — (3) — (2) 44 69 3 — ABS 864 (2) — (33) — — — 829 (10) — Total other bond securities 1,140 (2) — 25 — (2) 44 1,205 (11) — Equity securities 44 — — 1 1 — — 46 — — Other invested assets 1,914 (17) (13) 72 34 — — 1,990 (14) — Total (a) $ 24,347 $ 120 $ (384) $ 495 $ 769 $ (222) $ 116 $ 25,241 $ (25) $ (403) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 6,813 $ (716) $ — $ 230 $ — $ — $ — $ 6,327 $ 972 $ — Derivative liabilities, net: Interest rate contracts (328) (183) — (10) — — — (521) 150 — Equity contracts (639) 244 — (121) — — 148 (368) (148) — Other contracts (15) (16) — 15 — — — (16) 16 — Total derivative liabilities, net (b) (982) 45 — (116) — — 148 (905) 18 — Fortitude Re funds withheld payable 1,460 (1,080) — (177) — — — 203 1,061 — Debt of consolidated investment entities — — — — — — — — — — Total (c) $ 7,291 $ (1,751) $ — $ (63) $ — $ — $ 148 $ 5,625 $ 2,051 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Nine Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 844 $ (1) $ 8 $ (1) $ — $ — $ — $ 850 $ — $ 4 Corporate debt 1,357 9 47 (116) 668 (414) — 1,551 — 5 RMBS 5,854 224 218 592 21 (294) (2) 6,613 — 211 CMBS 608 11 101 (154) 245 (135) — 676 — 45 CLO 1,843 31 20 404 42 (300) — 2,040 — 20 ABS 12,906 338 474 3,318 916 (334) — 17,618 — 459 Total bonds available-for-sale 23,412 612 868 4,043 1,892 (1,477) (2) 29,348 — 744 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — — — — — 1 — — Corporate debt 167 23 — 10 5 — — 205 23 — RMBS 107 7 — (7) — (2) — 105 5 — CMBS 17 1 — (4) — — — 14 1 — CLO 69 (1) — 1 — (8) — 61 — — ABS 962 79 — 192 21 (4) — 1,250 47 — Total other bond securities 1,323 109 — 192 26 (14) — 1,636 76 — Equity securities 42 1 — 5 — — (7) 41 — — Other invested assets 1,850 (65) 4 88 — (44) (16) 1,817 (72) — Total (a) $ 26,627 $ 657 $ 872 $ 4,328 $ 1,918 $ (1,535) $ (25) $ 32,842 $ 4 $ 744 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 7,942 $ 1,677 $ — $ 470 $ — $ — $ — $ 10,089 $ (74) $ — Derivative liabilities, net: Interest rate contracts (449) (151) — (82) — — 339 (343) 234 — Equity contracts (761) (512) — (72) — — 13 (1,332) 476 — Other contracts (10) (45) — 44 — — — (11) 44 — Total derivative liabilities, net (b) (1,220) (708) — (110) — — 352 (1,686) 754 — Fortitude Re funds withheld payable 2,182 1,451 — (292) — — — 3,341 (395) — Total (c) $ 8,904 $ 2,420 $ — $ 68 $ — $ — $ 352 $ 11,744 $ 285 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 805 $ (2) $ (26) $ (15) $ — $ — $ — $ 762 $ — $ (54) Corporate debt 1,968 (95) (23) (40) 358 (968) (16) 1,184 — (52) RMBS 5,670 230 27 (195) 33 (38) — 5,727 — (41) CMBS 718 5 (69) (42) 57 (156) — 513 — (98) CLO 1,670 (21) 58 (85) 67 (165) 263 1,787 — (13) ABS 9,595 136 (1) 1,717 589 (9) — 12,027 — (36) Total bonds available-for-sale 20,426 253 (34) 1,340 1,104 (1,336) 247 22,000 — (294) Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 2 — (51) — (192) — 176 2 — RMBS 107 2 — (3) — — — 106 (1) — CMBS 28 (4) — — — — — 24 (4) — CLO 11 14 — (49) 39 (44) 98 69 3 — ABS 741 18 — 105 — (35) — 829 (4) — Total other bond securities 1,304 32 — 3 39 (271) 98 1,205 (4) — Equity securities 26 — — 26 1 (7) — 46 — — Other invested assets 1,832 (80) (6) 210 34 — — 1,990 (77) — Total (a) $ 23,588 $ 205 $ (40) $ 1,579 $ 1,178 $ (1,614) $ 345 $ 25,241 $ (81) $ (294) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 94 $ — $ 866 $ — $ — $ — $ 6,327 $ 296 $ — Derivative liabilities, net: Interest rate contracts (303) (68) — (150) — — — (521) 95 — Equity contracts (267) 44 — (436) — — 291 (368) (8) — Other contracts (14) (48) — 46 — — — (16) 48 — Total derivative liabilities, net (b) (584) (72) — (540) — — 291 (905) 135 — Fortitude Re funds withheld payable 1,262 (177) — (882) — — — 203 641 — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ (154) $ — $ (563) $ — $ — $ 291 $ 5,625 $ 1,072 $ — (a) Excludes MRB assets of $1.2 billion at September 30, 2024 and $978 million at September 30, 2023. Refer to Note 14 for additional information . (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. (c) Excludes MRB liabilities of $6.3 billion at September 30, 2024 and $4.5 billion at September 30, 2023. Refer to Note 14 for additional information . Change in the fair value of market risk benefits, net and net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities shown above are reported in the Condensed Consolidated Statements of Income (Loss) as follows: (in millions) Policy Net Investment Income (Loss) Net Realized and Unrealized Gains Change in the Fair Value of Market Risk Benefits, net (a) Total Three Months Ended September 30, 2024 Assets: Bonds available-for-sale $ — $ 239 $ 45 $ — $ 284 Other bond securities — 57 — — 57 Equity securities — — — — — Other invested assets — 14 3 — 17 Three Months Ended September 30, 2023 Assets: Bonds available-for-sale $ — $ 162 $ (23) $ — $ 139 Other bond securities — (2) — — (2) Equity securities — — — — — Other invested assets — (14) (3) — (17) Nine Months Ended September 30, 2024 Assets: Bonds available-for-sale $ — $ 598 $ 14 $ — $ 612 Other bond securities — 109 — — 109 Equity securities — 1 — — 1 Other invested assets — (70) 5 — (65) Nine Months Ended September 30, 2023 Assets: Bonds available-for-sale $ — $ 312 $ (59) $ — $ 253 Other bond securities — 32 — — 32 Equity securities — — — — — Other invested assets — (78) (2) — (80) Three Months Ended September 30, 2024 Liabilities: Policyholder contract deposits (b) $ — $ — $ (953) $ — $ (953) Derivative liabilities, net 15 — 285 3 303 Fortitude Re funds withheld payable — — (1,509) — (1,509) Market risk benefit liabilities, net (c) — — (4) (609) (613) Three Months Ended September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ 716 $ — $ 716 Derivative liabilities, net 16 — (265) 204 (45) Fortitude Re funds withheld payable — — 1,080 — 1,080 Market risk benefit liabilities, net (c) — — 1 879 880 Debt of consolidated investment entities — — — — — Nine Months Ended September 30, 2024 Liabilities: Policyholder contract deposits (b) $ — $ — $ (1,677) $ — $ (1,677) Derivative liabilities, net 44 — 724 (60) 708 Fortitude Re funds withheld payable — — (1,451) — (1,451) Market risk benefit liabilities, net (c) — — — 589 589 Nine Months Ended September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (94) $ — $ (94) Derivative liabilities, net 47 — (34) 59 72 Fortitude Re funds withheld payable — — 177 — 177 Market risk benefit liabilities, net (c) — — 4 1,676 1,680 Debt of consolidated investment entities — (1) — — (1) (a) The portion of the fair value change attributable to our own credit risk is recognized in Other comprehensive income (loss) (“OCI”). (b) Primarily embedded derivatives. (c) Market risk benefit assets and liabilities have been netted in these tables for presentation purposes only. The following table presents the gross components of purchases, sales, issuances and settlements, net, shown above, for the three and nine months ended September 30, 2024 and 2023 related to Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets: (in millions) Purchases Sales Issuances Purchases, Sales, Three Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 12 $ (12) $ — $ — Corporate debt 300 (271) (75) (46) RMBS 405 (191) (234) (20) CMBS 48 (62) (13) (27) CLO 837 (151) (360) 326 ABS 1,585 (353) (503) 729 Total bonds available-for-sale 3,187 (1,040) (1,185) 962 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt — — — — RMBS — — (1) (1) CMBS — (4) — (4) CLO 8 — — 8 ABS 119 (36) (72) 11 Total other bond securities 127 (40) (73) 14 Equity securities — — — — Other invested assets 138 — (8) 130 Total assets* $ 3,452 $ (1,080) $ (1,266) $ 1,106 Liabilities: Policyholder contract deposits $ — $ 420 $ (320) $ 100 Derivative liabilities, net — — 69 69 Fortitude Re funds withheld payable — — (81) (81) Total liabilities $ — $ 420 $ (332) $ 88 (in millions) Purchases Sales Issuances Purchases, Sales, Three Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ — $ (12) Corporate debt 192 (30) (175) (13) RMBS 175 — (188) (13) CMBS — — (2) (2) CLO 18 (7) (51) (40) ABS 510 — (33) 477 Total bonds available-for-sale 895 (49) (449) 397 Other bond securities: Obligations of states, municipalities and political subdivisions — (2) — (2) Corporate debt 89 — (24) 65 RMBS — — (2) (2) CMBS — — — — CLO — — (3) (3) ABS 35 (8) (60) (33) Total other bond securities 124 (10) (89) 25 Equity securities 1 — — 1 Other invested assets 74 — (2) 72 Total assets* $ 1,094 $ (59) $ (540) $ 495 Liabilities: Policyholder contract deposits $ — $ 348 $ (118) $ 230 Derivative liabilities, net (28) — (88) (116) Fortitude Re funds withheld payable — — (177) (177) Debt of consolidated investment entities — — — — Total liabilities $ (28) $ 348 $ (383) $ (63) Nine Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 12 $ (12) $ (1) $ (1) Corporate debt 369 (279) (206) (116) RMBS 1,444 (240) (612) 592 CMBS 57 (92) (119) (154) CLO 1,057 (153) (500) 404 ABS 5,276 (456) (1,502) 3,318 Total bonds available-for-sale 8,215 (1,232) (2,940) 4,043 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 10 — — 10 RMBS — — (7) (7) CMBS — (4) — (4) CLO 17 — (16) 1 ABS 376 (36) (148) 192 Total other bond securities 403 (40) (171) 192 Equity securities 7 (2) — 5 Other invested assets 227 — (139) 88 Total assets* $ 8,852 $ (1,274) $ (3,250) $ 4,328 Liabilities: Policyholder contract deposits $ — $ 1,144 $ (674) $ 470 Derivative liabilities, net — — (110) (110) Fortitude Re funds withheld payable — — (292) (292) Total liabilities $ — $ 1,144 $ (1,076) $ 68 (in millions) Purchases Sales Issuances Purchases, Sales, Nine Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ (3) $ (15) Corporate debt 222 (30) (232) (40) RMBS 406 (42) (559) (195) CMBS 9 (27) (24) (42) CLO 100 (7) (178) (85) ABS 1,713 — 4 1,717 Total bonds available-for-sale 2,450 (118) (992) 1,340 Other bond securities: Obligations of states, municipalities and political subdivisions 3 (2) — 1 Corporate debt 156 — (207) (51) RMBS 6 — (9) (3) CMBS — — — — CLO 1 — (50) (49) ABS 148 (8) (35) 105 Total other bond securities 314 (10) (301) 3 Equity securities 26 — — 26 Other invested assets 225 — (15) 210 Total assets* $ 3,015 $ (128) $ (1,308) $ 1,579 Liabilities: Policyholder contract deposits $ — $ 1,076 $ (210) $ 866 Derivative liabilities, net (229) — (311) (540) Fortitude Re funds withheld payable — — (882) (882) Debt of consolidated investment entities — — (7) (7) Total liabilities $ (229) $ 1,076 $ (1,410) $ (563) * There were no issuances during the three and nine months ended September 30, 2024 and 2023 for invested assets. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3 in the tables above. As a result, the unrealized gains (losses) on instruments held at September 30, 2024 and 2023 may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable inputs (e.g., changes in unobservable long-dated volatilities). Transfers of Level 3 Assets and Liabilities We record transfers of assets and liabilities into or out of Level 3 at their fair values as of the end of each reporting period, consistent with the date of the determination of fair value. The Net realized and unrealized gains (losses) included in net income (loss) or OCI as shown in the table above excludes $(4) million and $6 million of net gains (losses) related to assets transferred into Level 3 during the three months ended September 30, 2024 and 2023, respectively, and $(9) million and $13 million of net gains (losses) related to assets transferred into Level 3 during the nine months ended September 30, 2024 and 2023, respectively, and includes $(3) million and $(22) million of net gains (losses) related to assets transferred out of Level 3 during the three months ended September 30, 2024 and 2023, respectively, and $10 million and $(12) million of net gains (losses) related to assets transferred out of Level 3 during the nine months ended September 30, 2024 and 2023, respectively. Transfers of Level 3 Assets During the three and nine months ended September 30, 2024 and 2023, transfers into Level 3 assets primarily included certain investments in private placement corporate debt, commercial mortgage backed securities (“CMBS”), collateralized loan obligations (“CLO”) and asset-backed securities (“ABS”). Transfers of private placement corporate debt and certain ABS into Level 3 assets were primarily the result of limited market pricing information that required us to determine fair value for these securities based on inputs that are adjusted to better reflect our own assumptions regarding the characteristics of a specific security or associated market liquidity. The transfers of investments in CMBS, CLO and certain ABS into Level 3 assets were due to diminished market transparency and liquidity for individual security types. During the three and nine months ended September 30, 2024 and 2023, transfers out of Level 3 assets primarily included private placement and other corporate debt, CMBS, RMBS, CLO, ABS and certain investments in municipal securities. Transfers of certain investments in municipal securities, corporate debt, RMBS, CMBS and CLO and ABS out of Level 3 assets were based on consideration of market liquidity as well as related transparency of pricing and associated observable inputs for these investments. Transfers of certain investments in private placement corporate debt and certain ABS out of Level 3 assets were primarily the result of using observable pricing information that reflects the fair value of those securities without the need for adjustment based on our own assumptions regarding the characteristics of a specific security or the current liquidity in the market. Transfers of Level 3 Liabilities QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASUREMENTS The table below presents information about the significant unobservable inputs used for recurring fair value measurements for certain Level 3 instruments, and includes only those instruments for which information about the inputs is reasonably available to us, such as data from independent third-party valuation service providers and from internal valuation models. Because input information from third parties with respect to certain Level 3 instruments (primarily CLO/ABS) may not be reasonably available to us, balances shown below may not equal total amounts reported for such Level 3 assets and liabilities: (in millions) Fair Value at September 30, 2024 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 826 Discounted cash flow Yield 4.89% - 5.30% (5.09%) Corporate debt $ 1,347 Discounted cash flow Yield 4.52% - 7.77% (6.15%) RMBS (c) $ 3,184 Discounted cash flow Prepayment Speed 4.00% - 8.98% (6.49%) Default Rate 0.65% - 2.39% (1.52%) Yield 5.13% - 6.28% (5.71%) Loss Severity 42.30% - 78.34% (60.32%) CLO (c) $ 1,984 Discounted cash flow Yield 5.65% - 6.84% (6.24%) ABS (c) $ 15,326 Discounted cash flow Yield 4.93% - 7.05% (5.99%) CMBS $ 652 Discounted cash flow Yield 4.90% - 19.64% (11.58%) Market risk benefit assets $ 1,164 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 1,792 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Fixed annuities guaranteed benefits $ 1,508 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (g) 90.00% - 97.50% NPA (h) 0.00% - 2.35% (in millions) Fair Value at September 30, 2024 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 2,976 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.13% - 130.80% Utilization (g) 60.00% - 97.50% Option budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 8,905 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.13% - 130.80% Utilization (g) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Index universal life $ 1,184 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.85% - 19.77% NPA (h) 0.00% - 2.35% (in millions) Fair Value at December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 821 Discounted cash flow Yield 4.97% - 5.31% (5.14%) Corporate debt $ 1,471 Discounted cash flow Yield 5.26% - 8.16% (6.71%) RMBS (c) $ 3,315 Discounted cash flow Prepayment Speed 4.31% - 9.86% (7.09%) Default Rate 0.73% - 2.52% (1.63%) Yield 6.11% - 7.40% (6.75%) Loss Severity 30.64% - 91.03% (60.83%) CLO (c) $ 1,697 Discounted cash flow Yield 6.06% - 7.81% (6.93%) ABS (c) $ 11,367 Discounted cash flow Yield 5.63% - 7.82% (6.73%) CMBS $ 565 Discounted cash flow Yield 5.49% - 17.84% (11.66%) Market risk benefit assets $ 912 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,174 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% (in millions) Fair Value at December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed annuities guaranteed benefits $ 1,111 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (g) 90.00% - 97.50% NPA (g) 0.00% - 2.29% Fixed index annuities guaranteed benefits $ 2,420 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (g) 60.00% - 97.50% Option budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 6,953 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (g) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% Index universal life $ 989 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.85% - 20.36% NPA (h) 0.00% - 2.29% (a) Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities. (b) The weighted averaging for fixed maturity securities is based on the estimated fair value of the securities. Because the valuation methodology for embedded derivatives within policyholder contract deposits and MRBs uses a range of inputs that vary at the contract level over the cash flow projection period, management believes that presenting a range, rather than weighted average, is a more me

Investments

Investments	9 Months Ended
	Sep. 30, 2024
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Investments	5. Investments SECURITIES AVAILABLE-FOR-SALE The following table presents the amortized cost or cost and fair value of our available-for-sale securities: (in millions) Amortized Cost or Costs (a) Allowance for Credit Losses (b) Gross Unrealized Gains (c) Gross Unrealized Losses (c) Fair Value (a) September 30, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,682 $ — $ 28 $ (239) $ 1,471 Obligations of states, municipalities and political subdivisions 5,625 — 54 (564) 5,115 Non-U.S. governments 4,534 — 54 (615) 3,973 Corporate debt 121,754 (129) 1,824 (13,406) 110,043 Mortgage-backed, asset-backed and collateralized: RMBS 16,931 (14) 787 (567) 17,137 CMBS 10,887 (16) 77 (703) 10,245 CLO 11,126 — 161 (62) 11,225 ABS 19,535 — 241 (761) 19,015 Total mortgage-backed, asset-backed and collateralized 58,479 (30) 1,266 (2,093) 57,622 Total bonds available-for-sale $ 192,074 $ (159) $ 3,226 $ (16,917) $ 178,224 December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,436 $ — $ 17 $ (233) $ 1,220 Obligations of states, municipalities and political subdivisions 6,466 — 58 (693) 5,831 Non-U.S. governments 4,695 (2) 43 (679) 4,057 Corporate debt 120,654 (71) 1,294 (15,795) 106,082 Mortgage-backed, asset-backed and collateralized: RMBS 14,491 (25) 599 (788) 14,277 CMBS 11,045 (30) 22 (1,056) 9,981 CLO 11,203 — 90 (149) 11,144 ABS 14,956 — 63 (1,084) 13,935 Total mortgage-backed, asset-backed and collateralized 51,695 (55) 774 (3,077) 49,337 Total bonds available-for-sale $ 184,946 $ (128) $ 2,186 $ (20,477) $ 166,527 (a) The table above includes available-for-sale securities issued by related parties. This includes RMBS which had a fair value of $— million and $43 million, and an amortized cost of $— million and $45 million as of September 30, 2024 and December 31, 2023, respectively. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. (c) At September 30, 2024 includes mark-to-market movement (“MTM”) relating to embedded derivatives. Securities Available-for-Sale in a Loss Position for Which No Allowance for Credit Loss Has Been Recorded The following table summarizes the fair value and gross unrealized losses on our available-for-sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position for which no allowance for credit loss has been recorded: Less Than 12 Months 12 Months or More Total (in millions) Fair Value Gross Unrealized Losses* Fair Value Gross Unrealized Losses* Fair Value Gross Unrealized Losses* September 30, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 29 $ 5 $ 740 $ 234 $ 769 $ 239 Obligations of states, municipalities and political subdivisions 343 45 3,742 519 4,085 564 Non-U.S. governments 438 88 2,641 527 3,079 615 Corporate debt 11,570 1,944 64,728 11,401 76,298 13,345 RMBS 1,076 30 5,438 523 6,514 553 CMBS 739 35 6,439 659 7,178 694 CLO 1,269 36 1,047 26 2,316 62 ABS 1,678 105 8,207 656 9,885 761 Total bonds available-for-sale $ 17,142 $ 2,288 $ 92,982 $ 14,545 $ 110,124 $ 16,833 December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 22 $ 3 $ 746 $ 230 $ 768 $ 233 Obligations of states, municipalities and political subdivisions 1,124 110 3,676 583 4,800 693 Non-U.S. governments 470 82 2,981 592 3,451 674 Corporate debt 11,338 1,760 75,045 14,009 86,383 15,769 RMBS 2,676 174 4,855 577 7,531 751 CMBS 1,840 159 6,570 886 8,410 1,045 CLO 2,992 60 3,823 89 6,815 149 ABS 2,599 110 8,138 974 10,737 1,084 Total bonds available-for-sale $ 23,061 $ 2,458 $ 105,834 $ 17,940 $ 128,895 $ 20,398 * At September 30, 2024 includes mark to market movement relating to embedded derivatives. At September 30, 2024, we he ld 12,681 in dividual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 11,243 individual fixed maturity securities that were in a continuous unrealized loss position for 12 months or more). At December 31, 2023, we held 15,034 individual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 12,787 individual fixed maturity securities that were in a continuous unrealized loss position for 12 months or more). We did not recognize the unrealized losses in earnings on these fixed maturity securities at September 30, 2024 because it was determined that such losses were due to non-credit factors. Additionally, we neither intend to sell the securities nor do we believe that it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. For fixed maturity securities with significant declines, we performed fundamental credit analyses on a security-by-security basis, which included consideration of credit enhancements, liquidity position, expected defaults, industry and sector analysis, forecasts and available market data. Contractual Maturities of Fixed Maturity Securities Available-for-Sale The following table presents the amortized cost and fair value of fixed maturity securities available-for-sale by contractual maturity: Total Fixed Maturity Securities Available-for-sale (in millions) Amortized Cost, Fair Value September 30, 2024 Due in one year or less $ 2,969 $ 2,952 Due after one year through five years 23,735 23,586 Due after five years through ten years 25,146 24,303 Due after ten years 81,616 69,761 Mortgage-backed, asset-backed and collateralized 58,449 57,622 Total $ 191,915 $ 178,224 Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties. The following table presents the gross realized gains and gross realized losses from sales or maturities of our available-for-sale securities: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Gross Gross Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 25 $ (113) $ 14 $ (23) $ 40 $ (1,012) $ 98 $ (441) For the three and nine months ended September 30, 2024, the aggregate fair value of available-for-sale securities sold was $0.7 billion and $5.7 billion, respectively, which resulted in Net realized gains (losses) of $(88) million and $(972) million, respectively. Included within the Net realized gains (losses) are $(1) million and $(72) million o f Net realized gains (losses) for the three and nine months ended September 30, 2024, respectively, which relate to the Fortitude Re funds withheld assets held by Corebridge in support of Fortitude Re’s reinsurance obligations to Corebridge (Fortitude Re funds withheld assets). These Net realized gains (losses) are included in Net realized gains (losses) on Fortitude Re funds withheld assets. For the three and nine months ended September 30, 2023, the aggregate fair value of available-for-sale securities sold was $0.5 billion and $6.2 billion, respectively, which resulted in Net realized gains (losses) of $(9) million and $(343) million, respectively. Included within the Net realized gains (losses) are $(5) million and $(68) million of Net realized gains (losses) for the three and nine months ended September 30, 2023, respectively, which relate to the Fortitude Re funds withheld assets held by Corebridge in support of Fortitude Re’s reinsurance obligations to Corebridge (Fortitude Re funds withheld assets). These Net realized gains (losses) are included in Net realized gains (losses) on Fortitude Re funds withheld assets. OTHER SECURITIES MEASURED AT FAIR VALUE The following table presents the fair value of fixed maturity securities measured at fair value, including securities in the modco agreement with Fortitude Re, based on our election of the fair value option and equity securities measured at fair value: September 30, 2024 December 31, 2023 (in millions) Fair Value Percent Fair Value Percent Fixed maturity securities: Obligations of states, municipalities and political subdivisions $ 41 1 % $ 40 1 % Non-U.S. governments 29 — 13 — Corporate debt 3,037 54 2,653 57 Mortgage-backed, asset-backed and collateralized: RMBS 166 3 170 4 CMBS 234 4 228 5 CLO 487 9 423 9 ABS 1,325 24 1,051 23 Total mortgage-backed, asset-backed and collateralized 2,212 40 1,872 41 Total fixed maturity securities 5,319 95 4,578 99 Equity securities 258 5 63 1 Total $ 5,577 100 % $ 4,641 100 % OTHER INVESTED ASSETS The following table summarizes the carrying amounts of other invested assets: (in millions) September 30, 2024 December 31, 2023 Alternative investments (a)(b) $ 7,803 $ 7,690 Investment real estate (c) 1,690 1,932 All other investments (d) 594 635 Total $ 10,087 $ 10,257 (a) At September 30, 2024, included hedge funds of $206 million and private equity funds of $7.6 billion. At December 31, 2023, included hedge funds of $299 million and private equity funds of $7.4 billion. (b) A quarter of our hedge fund investments are in liquid funds and have been redeemed, though due to withdrawal terms they will liquidate over the next three quarters. The remaining three quarters of the portfolio consists of illiquid run-off or “side-pocket” positions whose liquidation horizons are uncertain and likely to extend beyond a year. (c) Net of accumulated depreciation of $644 million and $680 million as of September 30, 2024 and December 31, 2023, respectively. (d) Includes Corebridge’s ownership interest in Fortitude Re Bermuda, which is recorded using the measurement alternative for equity securities. Our investment in Fortitude Re Bermuda totaled $156 million and $156 million at September 30, 2024 and December 31, 2023, respectively. Other Invested Assets – Equity Method Investments The carrying amount of equity method investments totaled $2.8 billion and $2.9 billion as of September 30, 2024 and December 31, 2023, respectively, representing various ownership percentages each period. NET INVESTMENT INCOME The following table presents the components of Net investment income: 2024 2023 (in millions) Excluding Fortitude Total Excluding Fortitude Total Three Months Ended September 30, Available-for-sale fixed maturity securities, including short-term investments $ 2,202 $ 182 $ 2,384 $ 1,976 $ 201 $ 2,177 Other fixed maturity securities 22 230 252 7 (35) (28) Equity securities 2 — 2 9 — 9 Interest on mortgage and other loans 657 47 704 529 51 580 Alternative investments* 59 60 119 (7) 25 18 Real estate 7 3 10 9 — 9 Other investments 13 1 14 25 (1) 24 Total investment income 2,962 523 3,485 2,548 241 2,789 Investment expenses 181 8 189 124 8 132 Net investment income $ 2,781 $ 515 $ 3,296 $ 2,424 $ 233 $ 2,657 Nine Months Ended September 30, Available-for-sale fixed maturity securities, including short-term investments $ 6,560 $ 560 $ 7,120 $ 5,777 $ 626 $ 6,403 Other fixed maturity securities 48 379 427 25 76 101 Equity securities 5 — 5 41 — 41 Interest on mortgage and other loans 1,829 143 1,972 1,605 150 1,755 Alternative investments* 59 119 178 72 69 141 Real estate 29 (5) 24 28 — 28 Other investments 40 1 41 36 (1) 35 Total investment income 8,570 1,197 9,767 7,584 920 8,504 Investment expenses 534 25 559 415 23 438 Net investment income $ 8,036 $ 1,172 $ 9,208 $ 7,169 $ 897 $ 8,066 * Included income from hedge funds and private equity funds. Hedge funds are recorded as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag. NET REALIZED GAINS AND LOSSES The following table presents the components of Net realized gains (losses): 2024 2023 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Three Months Ended September 30, Sales of fixed maturity securities $ (87) $ (1) $ (88) $ (4) $ (5) $ (9) Intent to sell — — — — — — Change in allowance for credit losses on fixed maturity securities (85) — (85) (41) (7) (48) Change in allowance for credit losses on loans (15) 2 (13) (25) (25) (50) Foreign exchange transactions, net of related hedges (354) 18 (336) 135 (20) 115 Index-Linked interest credited embedded derivatives, net of related hedges (285) — (285) 133 — 133 All other derivatives and hedge accounting* (195) 131 (64) 141 (170) (29) Sales of alternative investments and real estate investments 58 7 65 40 (1) 39 Other (12) — (12) (11) — (11) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (975) 157 (818) 368 (228) 140 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,509) (1,509) — 1,080 1,080 Net realized gains (losses) $ (975) $ (1,352) $ (2,327) $ 368 $ 852 $ 1,220 Nine Months Ended September 30, Sales of fixed maturity securities $ (900) $ (72) $ (972) $ (275) $ (68) $ (343) Intent to sell (15) (32) (47) — — — Change in allowance for credit losses on fixed maturity securities (197) (7) (204) (84) (9) (93) Change in allowance for credit losses on loans (63) (1) (64) (107) (52) (159) Foreign exchange transactions, net of related hedges (253) 18 (235) 31 (11) 20 Index-Linked interest credited embedded derivatives, net of related hedges (367) — (367) (186) — (186) All other derivatives and hedge accounting* (72) (9) (81) 235 (199) 36 Sales of alternative investments and real estate investments 89 3 92 48 (1) 47 Other (65) — (65) (59) 2 (57) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (1,843) (100) (1,943) (397) (338) (735) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,451) (1,451) — 177 177 Net realized gains (losses) $ (1,843) $ (1,551) $ (3,394) $ (397) $ (161) $ (558) * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 14. CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 7,030 $ (6,369) $ 4,721 $ (4,133) Other investments — (1) 3 11 Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ 7,030 $ (6,370) $ 4,724 $ (4,122) * Excludes net unrealized gains and losses attributable to business Held-for-sale at September 30, 2023 and December 31, 2023. The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity securities and other invested assets still held at the reporting date: 2024 2023 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Three Months Ended September 30, Net gains (losses) recognized during the period on equity securities and other investments $ 2 $ 142 $ 144 $ 9 $ 56 $ 65 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period (4) 2 (2) 26 6 32 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ 6 $ 140 $ 146 $ (17) $ 50 $ 33 Nine Months Ended September 30, Net gains (losses) recognized during the period on equity securities and other investments $ 5 $ 295 $ 300 $ 42 $ 210 $ 252 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 12 6 18 59 15 74 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (7) $ 289 $ 282 $ (17) $ 195 $ 178 EVALUATING INVESTMENTS FOR AN ALLOWANCE FOR CREDIT LOSSES AND IMPAIRMENTS Credit Impairments The following table presents a rollforward of the changes in allowance for credit losses on available-for-sale fixed maturity securities by major investment category: 2024 2023 (in millions) Structured Non-Structured Total Structured Non-Structured Total Three Months Ended September 30, Balance, beginning of period $ 38 $ 57 $ 95 $ 40 $ 50 $ 90 Additions: Securities for which allowance for credit losses were not previously recorded 5 52 57 12 47 59 Reductions: Securities sold during the period (3) — (3) (1) (3) (4) Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis (4) 32 28 3 (14) (11) Write-offs charged against the allowance (5) (11) (16) (16) (8) (24) Other (1) (1) (2) — — — Balance, end of period $ 30 $ 129 $ 159 $ 38 $ 72 $ 110 Nine Months Ended September 30, Balance, beginning of year $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 Additions: Securities for which allowance for credit losses were not previously recorded 19 83 102 27 75 102 Reductions: Securities sold during the period (18) (11) (29) (2) (30) (32) Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis 42 60 102 2 (11) (9) Write-offs charged against the allowance (68) (76) (144) (16) (83) (99) Other — — — — — — Balance, end of period $ 30 $ 129 $ 159 $ 38 $ 72 $ 110 Purchased Credit Deteriorated Securities We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. These are referred to as purchased credit deteriorated assets. At the time of purchase an allowance is recognized for these purchased credit deteriorated assets by adding it to the purchase price to arrive at the initial amortized cost. There is no credit loss expense recognized upon acquisition of a purchased credit deteriorated asset. When determining the initial allowance for credit losses, management considers the historical performance of underlying assets and available market information as well as bond-specific structural considerations, such as credit enhancement and the priority of payment structure of the security. In addition, the process of estimating future cash flows includes, but is not limited to, the following critical inputs: • current delinquency rates; • expected default rates and the timing of such defaults; • loss severity and the timing of any recovery; and • expected prepayment speeds. Subsequent to the acquisition date, the purchased credit deteriorated assets follow the same accounting as other structured securities that are not of high credit quality. We did not purchase securities with more-than-insignificant credit deterioration since their origination during the nine months ended September 30, 2024 and 2023. PLEDGED INVESTMENTS Secured Financing and Similar Arrangements We enter into secured financing transactions whereby certain securities are sold under agreements to repurchase (repurchase agreements), in which we transfer securities in exchange for cash, with an agreement by us to repurchase the same or substantially similar securities. Our secured financing transactions also include those that involve the transfer of securities to financial institutions in exchange for cash (securities lending agreements). In all of these secured financing transactions, the securities transferred by us (pledged collateral) may be sold or repledged by the counterparties. These agreements are recorded at their contracted amounts plus accrued interest, other than those that are accounted for at fair value. Pledged collateral levels are monitored daily and are generally maintained at an agreed-upon percentage of the fair value of the amounts borrowed during the life of the transactions. In the event of a decline in the fair value of the pledged collateral under these secured financing transactions, we may be required to transfer cash or additional securities as pledged collateral under these agreements. At the termination of the transactions, we and our counterparties are obligated to return the amounts borrowed and the securities transferred, respectively. The following table presents the fair value of securities pledged to counterparties under secured financing transactions, including repurchase agreements: (in millions) September 30, 2024 December 31, 2023 Fixed maturity securities available-for-sale $ 5,071 $ 2,655 At September 30, 2024 and December 31, 2023, amounts borrowed under repurchase agreements tot aled $5.0 billion and $2.5 billion, respectively. The following table presents the fair value of securities pledged under our repurchase agreements by collateral type and by remaining contractual maturity: Remaining Contractual Maturity of the Repurchase Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total September 30, 2024 Bonds available-for-sale: Non-U.S. governments $ — $ 52 $ — $ — $ — $ 52 Corporate debt 13 4,967 39 — — 5,019 Total $ 13 $ 5,019 $ 39 $ — $ — $ 5,071 December 31, 2023 Bonds available-for-sale: Non-U.S. governments $ — $ 209 $ — $ — $ — $ 209 Corporate debt 38 2,408 — — — 2,446 Total $ 38 $ 2,617 $ — $ — $ — $ 2,655 There were no s ec urities lending agreements at September 30, 2024 and December 31, 2023. There w er e no reverse repurchase agreements at September 30, 2024 and December 31, 2023. We do not currently offset any secured financing transactions. All such transactions are collateralized and margined daily consistent with market standards and subject to enforceable master netting arrangements with rights of set off. Insurance – Statutory and Other Deposits The total carrying value of cash and securities deposited by our insurance subsidiaries under requirements of regulatory authorities or other insurance-related arrangements, including certain annuity-related obligations and certain reinsurance treaties, was $10.4 billion and $8.1 billion at September 30, 2024 and December 31, 2023, respectively. Other Pledges and Restrictions Certain of our subsidiaries are members of Federal Home Loan Banks (“FHLB”) and such membership requires the members to own stock in these FHLBs. We owned an aggregate of $277 million and $268 million of stock in FHLBs at September 30, 2024 and December 31, 2023, respectively. In addition, our subsidiaries have pledged securities available-for-sale and residential loans associated with borrowings and funding agreements from FHLBs, with a fair value of $4.4 billion and $3.1 billion, respectively, at September 30, 2024 and $4.8 billion and $3.0 billion, respectively, at December 31, 2023. Certain GICs recorded in policyholder contract deposits with a carrying value of $113 million and $53 million at September 30, 2024 and December 31, 2023, respectively, have provisions that require collateral to be posted or payments to be made by us upon a downgrade of our Insurer Financial Strength (“IFS”) ratings. The actual amount of collateral required to be posted to the counterparties in the event of such downgrades and the aggregate amount of payments that we could be required to make depend on market conditions, the fair value of outstanding affected transactions and other factors prevailing at and after the time of the downgrade. The fair value of securities pledged as collateral with respect to these obligations was approximately $103 million and $63 million at September 30, 2024 and December 31, 2023, respectively. This collateral primarily consists of securities of the U.S. government and government-sponsored entities and generally cannot be repledged or resold by the counterparties. As part of our collateralized reinsurance transactions, we pledge collateral to cedants as contractually required. The fair value of securities pledged as excess collateral with respect to these obligations was approximately $616 million and $490 million at September 30, 2024 and December 31, 2023, respectively. Additionally, assets supporting these transactions are held solely for the benefit of the cedants and insulated from obligations owed to our other policyholders and general creditors. Reinsurance transactions between Corebridge and Fortitude Re were structured as modco with funds withheld.

Lending Activities

Lending Activities	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Lending Activities	6. Lending Activities The following table presents the composition of Mortgage and other loans receivable, net: (in millions) September 30, 2024 December 31, 2023 Commercial mortgages (a) $ 36,118 $ 34,172 Residential mortgages 11,115 8,445 Life insurance policy loans 1,742 1,746 Commercial loans, other loans and notes receivable (b) 3,446 3,202 Total mortgage and other loans receivable 52,421 47,565 Allowance for credit losses (c) (768) (698) Mortgage and other loans receivable, net $ 51,653 $ 46,867 (a) Commercial mortgages primarily represent loans for apartments, offices and retail properties, with exposures in New York and California representing the largest geographic concentrations (aggregating approximately 17% and 10%, respectively, at September 30, 2024, and 19% and 10%, respectively, at December 31, 2023). The weighted average loan-to-value ratio for NY and CA was 63% and 56% at September 30, 2024, respectively, and 61% and 55% at December 31, 2023, respectively. The debt service coverage ratio for NY and CA was 1.9X and 2.1X at September 30, 2024, respectively, and 1.9X and 2.1X at December 31, 2023, respectively. (b) There were no loans that were held for sale which are carried at lower of cost or market as of September 30, 2024 and December 31, 2023. (c) Does not include allowance for credit losses of $39 million and $58 million at September 30, 2024 and December 31, 2023, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities. Interest income is not accrued when payment of contractual principal and interest is not expected. Any cash received on impaired loans is generally recorded as a reduction of the current carrying amount of the loan. Accrual of interest income is generally resumed when delinquent contractual principal and interest are repaid or when a portion of the delinquent contractual payments are made, and the ongoing required contractual payments have been made for an appropriate period. As of September 30, 2024, $57 million and $1.1 billion of residential mortgage loans and commercial mortgage loans, respectively, are in nonaccrual status. As of December 31, 2023, $27 million and $419 million of residential mortgage loans and commercial mortgage loans, respectively, were placed on nonaccrual status. Accrued interest is presented separately and is included in Accrued investment income on the Condensed Consolidated Balance Sheets. As of September 30, 2024, accrued interest receivable was $55 million and $176 million associated with residential mortgage loans and commercial mortgage loans, respectively. As of December 31, 2023, accrued interest receivable was $20 million and $162 million associated with residential mortgage loans and commercial mortgage loans, respectively. A significant majority of commercial mortgages in the portfolio are non-recourse loans and, accordingly, the only guarantees are for specific items that are exceptions to the non-recourse provisions. It is therefore extremely rare for us to have cause to enforce the provisions of a guarantee on a commercial real estate or mortgage loan. Nonperforming loans are generally those loans where payment of contractual principal or interest is more than 90 days past due. Nonperforming loans were not significant for all periods presented. CREDIT QUALITY OF COMMERCIAL MORTGAGES The following table presents debt service coverage ratios for commercial mortgages by year of vintage*: September 30, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total >1.2X $ 2,256 $ 2,302 $ 6,744 $ 2,766 $ 1,364 $ 16,022 $ 31,454 1.00 - 1.20X 273 284 820 82 244 1,805 3,508 <1.00X — — 25 — — 1,131 1,156 Total commercial mortgages $ 2,529 $ 2,586 $ 7,589 $ 2,848 $ 1,608 $ 18,958 $ 36,118 December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 2,156 $ 6,042 $ 1,955 $ 1,252 $ 4,813 $ 11,675 $ 27,893 1.00 - 1.20X 291 1,077 1,320 312 156 2,334 5,490 <1.00X — 40 — — — 749 789 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 * The debt service coverage ratio compares a property’s net operating income to its debt service payments, including principal and interest. Our weighted average debt service coverage ratio was 1.9X at both periods ended September 30, 2024 and December 31, 2023. The debt service coverage ratios are updated when additional relevant information becomes available. The following table presents loan-to-value ratios for commercial mortgages by year of vintage*: September 30, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total Less than 65% $ 2,406 $ 2,178 $ 4,598 $ 2,147 $ 861 $ 12,358 $ 24,548 65% to 75% 123 408 2,387 411 590 3,714 7,633 76% to 80% — — — 207 — 997 1,204 Greater than 80% — — 604 83 157 1,889 2,733 Total commercial mortgages $ 2,529 $ 2,586 $ 7,589 $ 2,848 $ 1,608 $ 18,958 $ 36,118 December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 2,088 $ 4,470 $ 2,249 $ 1,126 $ 2,676 $ 10,186 $ 22,795 65% to 75% 280 1,748 658 287 1,916 2,853 7,742 76% to 80% — 343 89 — 377 340 1,149 Greater than 80% 79 598 279 151 — 1,379 2,486 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 * The loan-to-value ratio compares the current unpaid principal balance of the loan to the estimated fair value of the underlying property collateralizing the loan. Our weighted average loan-to-value ratio was 60% at September 30, 2024 and 59% at December 31, 2023. The loan-to-value ratios have been updated within the last three months to reflect the current carrying values of the loans. We update the valuations of collateral properties by obtaining independent appraisals, generally at least once per year. The following table presents the credit quality performance indicators for commercial mortgages: (dollars in millions) Number Class Percent Apartments Offices Retail Industrial Hotel Others Total September 30, 2024 Credit Quality Performance Indicator: In good standing 594 $ 14,673 $ 8,417 $ 3,854 $ 6,514 $ 1,849 $ 443 $ 35,750 99% 90 days or less delinquent — — — — — — — — —% >90 days delinquent or in process of foreclosure (a) 4 — 188 180 — — — 368 1% Total (b) 598 $ 14,673 $ 8,605 $ 4,034 $ 6,514 $ 1,849 $ 443 $ 36,118 100% Allowance for credit losses $ 70 $ 375 $ 88 $ 82 $ 32 $ 4 $ 651 2 % December 31, 2023 Credit Quality Performance Indicator: In good standing 600 $ 13,861 $ 8,468 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,154 100% 90 days or less delinquent 1 — 18 — — — — 18 —% >90 days delinquent or in process of foreclosure — — — — — — — — —% Total (b) 601 $ 13,861 $ 8,486 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,172 100% Allowance for credit losses $ 85 $ 340 $ 74 $ 83 $ 27 $ 5 $ 614 2 % (a) Includes $64 million of Offices loans and $20 million of Retail loans supporting the Fortitude Re Funds Withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at September 30, 2024 (b) Does not reflect allowance for credit losses. The following table presents credit quality performance indicators for residential mortgages by year of vintage: September 30, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total FICO*: 780 and greater $ 554 $ 650 $ 690 $ 2,268 $ 626 $ 808 $ 5,596 720 - 779 1,077 1,131 602 577 152 361 3,900 660 - 719 375 363 240 152 40 214 1,384 600 - 659 — 13 35 23 11 82 164 Less than 600 — 2 20 11 5 33 71 Total residential mortgages $ 2,006 $ 2,159 $ 1,587 $ 3,031 $ 834 $ 1,498 $ 11,115 December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 514 $ 528 $ 2,280 $ 619 $ 239 $ 497 $ 4,677 720 - 779 1,121 608 558 168 99 209 2,763 660 - 719 313 256 113 40 37 120 879 600 - 659 2 20 11 8 9 51 101 Less than 600 — — 2 2 4 17 25 Total residential mortgages $ 1,950 $ 1,412 $ 2,964 $ 837 $ 388 $ 894 $ 8,445 * Fair Isaac Corporation (“FICO”) is the credit quality indicator used to evaluate consumer credit risk for residential mortgage loan borrowers and have been updated within the last twelve months. FICO scores for residential mortgage investor loans to corporate entities are those of the guarantor at time of purchase. On September 30, 2024 and December 31, 2023 residential loans direct to consumers totaled $7.9 billion and $6.7 billion, respectively. ALLOWANCE FOR CREDIT LOSSES The following table presents a rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable*: 2024 2023 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Three Months Ended September 30, Allowance, beginning of period $ 654 $ 104 $ 758 $ 621 $ 68 $ 689 Loans charged off (6) (1) (7) (1) — (1) Net charge-offs (6) (1) (7) (1) — (1) Addition to (release of) allowance for loan losses 3 14 17 61 3 64 Allowance, end of period $ 651 $ 117 $ 768 $ 681 $ 71 $ 752 Nine Months Ended September 30, Allowance, beginning of period $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 Loans charged off (6) (7) (13) (5) — (5) Net charge-offs (6) (7) (13) (5) — (5) Addition to (release of) allowance for loan losses 43 40 83 155 2 157 Allowance, end of period $ 651 $ 117 $ 768 $ 681 $ 71 $ 752 * Does not include allowance for credit losses of $39 million and $61 million at September 30, 2024 and 2023, respectively, in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Condensed Consolidated Balance Sheets. Our expectations and models used to estimate the allowance for losses on commercial and residential mortgage loans are regularly updated to reflect the current economic environment. LOAN MODIFICATIONS The allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon asset origination or acquisition. The starting point for the estimate of the allowance for credit losses is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. We use a probability of default/loss given default model to determine the allowance for credit losses for our commercial and residential mortgage loans. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses utilizing the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses is generally not recorded upon modification. When modifications are executed, they often will be in the form of principal forgiveness, term extensions, interest rate reductions, or some combination of any of these concessions. When principal is forgiven, the amortized cost basis of the asset is written off against the allowance for credit losses. The amount of the principal forgiveness is deemed to be uncollectible; therefore, that portion of the loan is written off, resulting in a reduction of the amortized cost basis and a corresponding adjustment to the allowance for credit losses. We assess whether a borrower is experiencing financial difficulty based on a variety of factors, including the borrower’s current default on any of its outstanding debt, the probability of a default on any of its debt in the foreseeable future without the modification, the insufficiency of the borrower’s forecasted cash flows to service any of its outstanding debt (including both principal and interest), and the borrower’s inability to access alternative third party financing at an interest rate that would be reflective of current market conditions for a non-troubled debtor. During the nine months ended September 30, 2024, commercial mortgage loans with an amortized cost of $139 million (including $11 million supporting the funds withheld arrangements with Fortitude Re) and commercial loans, other loans and notes receivable with an amortized cost of $168 million (none of which were supporting the funds withheld arrangements with Fortitude Re, and $168 million of which is related to the loans previously modified in 2023) were granted term extensions and adjustment of interest rates. The modified loans represent less than 1% and 5%, respectively, of these portfolio segments. These modifications added less than one year to the weighted average life of loans in each of these two portfolio segments. There were no loans that defaulted during the nine months ended September 30, 2024 and 2023, that had been previously modified with borrowers experiencing financial difficulties. Corebridge closely monitors the performance of the loans modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. All loans with borrowers with financial difficulty that have been modified in the previous 12 months are current and performing in conjunction with its modified terms.

Reinsurance

Reinsurance	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Reinsurance	7. Reinsurance In the ordinary course of business, our insurance companies may use ceded reinsurance to limit potential losses, provide additional capacity for growth, minimize exposure to significant risks or to provide greater diversification of our businesses. We may also use assumed reinsurance to diversify our business. Our reinsurance is principally under yearly renewable term (“YRT”) treaties, along with a large modco treaty reinsuring the majority of our legacy business to Fortitude Re. Reinsurance premiums ceded are recognized when due, along with corresponding benefits. Amounts recoverable from reinsurers are presented as a component of Reinsurance assets. Reinsurance assets include the balances due from reinsurance and insurance companies under the terms of our reinsurance agreements for ceded future policy benefits for life and accident and health insurance contracts and benefits paid and unpaid. We remain liable to the extent that our reinsurers do not meet their obligations under the reinsurance contracts, and as such, we regularly evaluate the financial condition of our reinsurers and monitor concentration of our credit risk. The estimation of the allowance for credit losses and disputes requires judgment for which key inputs typically include historical trends regarding uncollectible balances, disputes and credit events as well as specific reviews of balances in dispute or subject to credit impairment. Changes in the allowance for credit losses and disputes on reinsurance assets are reflected in policyholder benefits within the Consolidated Statements of Income (Loss). Reinsurance recoverables are recognized in a manner consistent with the liabilities relating to the underlying reinsured contracts. FORTITUDE RE AGL, VALIC and USL, have modco agreements with Fortitude Re, a registered Class 4 and Class E reinsurer in Bermuda. In the modco arrangement, the investments supporting the reinsurance agreements, which consist mostly of available-for-sale securities, and which reflect the majority of the consideration that would be paid to the reinsurer for entering into the transaction, are withheld by, and therefore continue to reside on the balance sheet of, the ceding company (i.e., Corebridge), thereby creating an obligation for the ceding company to pay the reinsurer (i.e., Fortitude Re) at a later date. Additionally, as Corebridge maintains ownership of these investments, Corebridge will maintain its existing accounting for these assets (e.g., the changes in fair value of available-for-sale securities will be recognized within OCI). Corebridge has established a funds withheld payable to Fortitude Re while simultaneously establishing a reinsurance asset representing liabilities for the insurance coverage that Fortitude Re has assumed. The funds withheld payable contains an embedded derivative and changes in fair value of the embedded derivative related to the funds withheld payable are recognized in earnings through realized gains (losses). This embedded derivative is considered a total return swap with contractual returns that are attributable to various assets and liabilities associated with these reinsurance agreements. There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: September 30, 2024 December 31, 2023 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available-for-sale $ 14,561 $ 14,561 $ 15,204 $ 15,204 Fair value through other comprehensive income Fixed maturity securities - fair value option 4,951 4,951 4,212 4,212 Fair value through net investment income Commercial mortgage loans 3,266 3,089 3,378 3,157 Amortized cost Real estate investments 207 296 184 329 Amortized cost Private equity funds/hedge funds 1,901 1,901 1,910 1,910 Fair value through net investment income Policy loans 318 318 330 330 Amortized cost Short-term Investments 195 195 129 129 Fair value through net investment income Funds withheld investment assets 25,399 25,311 25,347 25,271 Derivative assets, net (a) — — 45 45 Fair value through realized gains (losses) Other (b) 598 598 641 641 Amortized cost Total $ 25,997 $ 25,909 $ 26,033 $ 25,957 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $— million and $157 million, respectively, as of September 30, 2024. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $62 million and $6 million, respectively, as of December 31, 2023. These derivative assets and liabilities are fully collateralized either by cash or securities. (b) Primarily comprised of Cash and Accrued investment income. The impact of the funds withheld arrangements with Fortitude Re was as follows: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Net investment income - Fortitude Re funds withheld assets $ 515 $ 233 $ 1,172 $ 897 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets 157 (228) (100) (338) Net realized gains (losses) Fortitude Re funds withheld embedded derivatives (1,509) 1,080 (1,451) 177 Net realized losses on Fortitude Re funds withheld assets (1,352) 852 (1,551) (161) Income (loss) before income tax expense (benefit) (837) 1,085 (379) 736 Income tax expense (benefit)* (176) 228 (80) 155 Net income (loss) (661) 857 (299) 581 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale* 636 (820) 304 (534) Comprehensive income (loss) $ (25) $ 37 $ 5 $ 47 * The income tax expense (benefit) and the tax impact in OCI was computed using the U.S. statutory tax rate of 21%. Various assets supporting the Fortitude Re funds withheld arrangements are reported at amortized cost, and as such, changes in the fair value of these assets are not reflected in the financial statements. However, changes in the fair value of these assets are included in the embedded derivative in the Fortitude Re funds withheld arrangement and the appreciation (depreciation) of the assets is the primary driver of the comprehensive income (loss) reflected above. REINSURANCE – CREDIT LOSSES The estimation of reinsurance recoverables involves a significant amount of judgment. Reinsurance assets include reinsurance recoverables on future policy benefits and policyholder contract deposits that are estimated as part of our insurance liability valuation process and, consequently, are subject to similar judgments and uncertainties as the estimation of gross benefit liabilities. We assess the collectability of reinsurance recoverable balances in each reporting period, through either historical trends of disputes and credit events or financial analysis of the credit quality of the reinsurer. We record adjustments to reflect the results of these assessments through an allowance for credit losses and disputes on uncollectible reinsurance that reduces the carrying amount of reinsurance and other assets on the Condensed Consolidated Balance Sheets (collectively, the reinsurance recoverable balances). This estimate requires significant judgment for which key considerations include: • paid and unpaid amounts recoverable; • whether the balance is in dispute or subject to legal collection; • the relative financial health of the reinsurer as classified by the Obligor Risk Ratings (“ORRs”) we assign to each reinsurer based upon our financial reviews; insurers that are financially troubled (i.e., in run-off, have voluntarily or involuntarily been placed in receivership, are insolvent, are in the process of liquidation or otherwise subject to formal or informal regulatory restriction) are assigned ORRs that will generate a significant allowance; and • whether collateral and collateral arrangements exist. An estimate of the reinsurance recoverable’s lifetime expected credit losses is established utilizing a probability of default and loss given default method, which reflects the reinsurer’s ORR. The allowance for credit losses excludes disputed amounts. An allowance for disputes is established for a reinsurance recoverable using the losses incurred model for contingencies. The total reinsurance recoverables as of September 30, 2024 were $27.9 billion. As of that date, utilizing Corebridge’s ORRs, (i) approximately 95% of the reinsurance recoverables were investment grade, (ii) approximately 5% were non-investment grade reinsurance recoverables and (iii) none of the reinsurance recoverables were related to entities t hat were not rated by Corebridge. Reinsurance Recoverable Allowance The following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Balance, beginning of period $ 12 $ 66 $ 30 $ 84 Current period provision for expected credit losses and disputes — 4 (8) (14) Write-offs charged against the allowance for credit losses and disputes — — (10) — Balance, end of period $ 12 $ 70 $ 12 $ 70 There w ere no material recoveries of credit losses previously written off for th e nine months ended September 30, 2024 or 2023. Past-Due Status We consider a reinsurance asset to be past due when it is 90 days past due and record an allowance for disputes when there is reasonable uncertainty of the collectability of a disputed amount during the reporting period. Past-due balances were not significant for any of the periods presented. For further discussion of arbitration proceedings against us, see Note 16.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	8. Variable Interest Entities A VIE is a legal entity that does not have sufficient equity at risk to finance its activities without additional subordinated financial support or is structured such that equity investors lack the ability to make significant decisions relating to the entity’s operations through voting rights or do not substantively participate in the gains and losses of the entity. Consolidation of a VIE by its primary beneficiary is not based on majority voting interest but is based on other criteria discussed below. We enter into various arrangements with VIEs in the normal course of business and consolidate the VIEs when we determine we are the primary beneficiary. This analysis includes a review of the VIE’s capital structure, related contractual relationships and terms, nature of the VIE’s operations and purpose, nature of the VIE’s interests issued and our involvement with the entity. When assessing the need to consolidate a VIE, we evaluate the design of the VIE as well as the related risks to which the entity was designed to expose the variable interest holders. The primary beneficiary is the entity that has both (i) the power to direct the activities of the VIE that most significantly affect the entity’s economic performance and (ii) the obligation to absorb losses or the right to receive benefits that could be potentially significant to the VIE. While also considering these factors, the consolidation conclusion depends on the breadth of our decision-making ability and our ability to influence activities that significantly affect the economic performance of the VIE. BALANCE SHEET CLASSIFICATION AND EXPOSURE TO LOSS Creditors or beneficial interest holders of VIEs for which the Company is the primary beneficiary generally have recourse only to the assets and cash flows of the VIEs and do not have recourse to the Company. The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles Total September 30, 2024 Assets: Bonds available-for-sale $ 37 $ — $ 37 Other bond securities 44 — 44 Equity securities 4 — 4 Mortgage and other loans receivable — 1,939 1,939 Other invested assets Alternative investments (a) 2,576 — 2,576 Investment real estate 1,222 — 1,222 Short-term investments 211 1 212 Cash 53 — 53 Accrued investment income 2 5 7 Other assets 74 — 74 Total assets (b) $ 4,223 $ 1,945 $ 6,168 Liabilities: Debt of consolidated investment entities $ 884 $ 994 $ 1,878 Other liabilities 72 — 72 Total liabilities $ 956 $ 994 $ 1,950 December 31, 2023 Assets: Bonds available-for-sale $ 36 $ 76 $ 112 Other bond securities 45 — 45 Equity securities 8 — 8 Mortgage and other loans receivable — 1,941 1,941 Other invested assets Alternative investments (a) 2,695 — 2,695 Investment real estate 1,488 — 1,488 Short-term investments 125 5 130 Cash 61 — 61 Accrued investment income 2 5 7 Other assets 93 2 95 Total assets (b) $ 4,553 $ 2,029 $ 6,582 Liabilities: Debt of consolidated investment entities $ 1,117 $ 1,149 $ 2,266 Other liabilities 82 1 83 Total liabilities $ 1,199 $ 1,150 $ 2,349 (a) Composed primarily of investments in real estate joint ventures at September 30, 2024 and December 31, 2023. (b) The assets of each VIE can be used only to settle specific obligations of that VIE. (c) Off-balance-sheet exposure primarily consisting of commitments by insurance operations and affiliates into real estate and investment entities. At September 30, 2024 and December 31, 2023, the Company had commitments to internal parties of $0.7 billion and $1.2 billion and commitments to external parties of $0.4 billion and $0.4 billion, respectively. The following table presents the revenue, net income (loss) attributable to noncontrolling interests and net income (loss) attributable to Corebridge associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Statements of Income (Loss): Real Estate and Securitization Investment and Repackaging (in millions) Entities Vehicles Total Three Months Ended September 30, 2024 Total revenue $ 59 $ 19 $ 78 Net (loss) attributable to noncontrolling interests $ (3) $ — $ (3) Net income attributable to Corebridge $ 45 $ 13 $ 58 Three Months Ended September 30, 2023 Total revenue $ (21) $ 18 $ (3) Net (loss) attributable to noncontrolling interests $ (32) $ — $ (32) Net income (loss) attributable to Corebridge $ (5) $ 12 $ 7 Nine Months Ended September 30, 2024 Total revenue $ 2 $ 54 $ 56 Net (loss) attributable to noncontrolling interests $ (78) $ — $ (78) Net income attributable to Corebridge $ 24 $ 31 $ 55 Nine Months Ended September 30, 2023 Total revenue $ 48 $ 95 $ 143 Net (loss) attributable to noncontrolling interests $ (46) $ — $ (46) Net income attributable to Corebridge $ 47 $ 66 $ 113 We calculate our maximum exposure to loss to be (i) the amount invested in the debt or equity of the VIE, (ii) the notional amount of VIE assets or liabilities where we have also provided credit protection to the VIE with the VIE as the referenced obligation and (iii) other commitments and guarantees to the VIE. The following table presents total assets of unconsolidated VIEs in which we hold a variable interest, as well as our maximum exposure to loss associated with these VIEs: Maximum Exposure to Loss (in millions) Total VIE On-Balance Sheet (b) Off-Balance Sheet (c) Total September 30, 2024 Real estate and investment entities (a) $ 437,913 $ 5,754 $ 2,819 $ 8,573 Total $ 437,913 $ 5,754 $ 2,819 $ 8,573 December 31, 2023 Real estate and investment entities (a) $ 398,978 $ 5,532 $ 2,870 $ 8,402 Total $ 398,978 $ 5,532 $ 2,870 $ 8,402 (a) Composed primarily of hedge funds and private equity funds. (b) At September 30, 2024 and December 31, 2023, $5.7 billion and $5.5 billion, respectively, of our total unconsolidated VIE assets were recorded as other invested assets. (c) These amounts represent our unfunded commitments to invest in private equity funds and hedge funds. Additionally, Corebridge is a passive investor in certain investment vehicles that securitized certain secured loans, bank loans and residential mortgage loans. The notes held by Corebridge and their related fair values are included in the available-for-sale disclosures that are reported in Notes 4 and 5. As of September 30, 2024, the total VIE assets of these securitizations are $2.7 billion , of which Corebridge’s maximum exposure to loss including unfunded commitments is $2.5 billion

Derivatives and Hedge Accountin

Derivatives and Hedge Accounting	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedge Accounting	9. Derivatives and Hedge Accounting We use derivatives and other financial instruments as part of our financial risk management programs and as part of our investment operations. Interest rate derivatives (such as interest rate futures, swaps and options), equity derivatives (such as equity futures, swaps and options) and fixed maturity securities are used to economically mitigate interest rate risk, equity risk and credit spread exposure associated with MRBs and embedded derivatives contained in insurance contract liabilities. Interest rate derivatives are used to manage interest rate risk associated with fixed maturity securities as well as other interest rate sensitive assets and liabilities. Equity derivatives are used to economically mitigate financial risk associated with embedded derivatives and MRBs in certain insurance liabilities. In addition, equity derivatives are used to economically hedge certain investments. Foreign exchange derivatives (principally foreign exchange forwards and swaps) are used to economically mitigate risk associated with foreign denominated investments, net capital exposures and foreign currency transactions. We use credit derivatives to manage our credit exposures. The derivatives are effective economic hedges of the exposures that they are meant to offset. As part of our strategy to enhance investment income, in addition to hedging activities, we also enter into derivative contracts with respect to investment operations, which may include, among other things, credit default swaps (“CDS”), total return swaps and purchases of investments with embedded derivatives, such as equity-linked notes and convertible bonds. Interest rate, currency and equity swaps, credit contracts, swaptions, options and forward transactions are accounted for as derivatives, recorded on a trade-date basis and carried at fair value. Unrealized gains and losses are generally reflected in income, except in certain situations in which hedge accounting is applied and unrealized gains and losses are reflected in AOCI. Aggregate asset or liability positions are netted on the Condensed Consolidated Balance Sheets only to the extent permitted by qualifying master netting arrangements in place with each respective counterparty. Cash collateral posted with counterparties in conjunction with transactions supported by qualifying master netting arrangements is reported as a reduction of the corresponding net derivative liability, while cash collateral received in conjunction with transactions supported by qualifying master netting arrangements is reported as a reduction of the corresponding net derivative asset. Derivatives, with the exception of embedded derivatives, are reported at fair value in the Condensed Consolidated Balance Sheets in Other assets and Other liabilities. Embedded derivatives are generally presented with the host contract in the Condensed Consolidated Balance Sheets. A bifurcated embedded derivative is measured at fair value and accounted for in the same manner as a freestanding derivative contract. The corresponding host contract is accounted for according to the accounting guidance applicable for that instrument. For additional information on embedded derivatives and MRBs, see Notes 4, 13 and 14. The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condensed Consolidated Balance Sheets: September 30, 2024 December 31, 2023 Gross Derivative Gross Derivative Liabilities Gross Derivative Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Interest rate contracts $ 8,479 $ 394 $ 2,313 $ 26 $ 2,213 $ 238 $ 833 $ 18 Foreign exchange contracts 3,075 340 5,040 140 2,918 354 4,829 164 Derivatives not designated as hedging instruments: (a) Interest rate contracts 54,165 3,368 39,630 3,393 41,056 2,709 41,225 3,260 Foreign exchange contracts 6,537 545 9,422 443 6,260 586 7,878 399 Equity contracts 52,919 4,351 20,563 2,098 76,561 2,017 14,144 745 Credit contracts (b) 3,005 134 5 — 305 8 5 — Other contracts (c) 44,434 13 55 1 44,640 13 47 2 Total derivatives, gross $ 172,614 $ 9,145 $ 77,028 $ 6,101 $ 173,953 $ 5,925 $ 68,961 $ 4,588 Counterparty netting (d) (5,611) (5,611) (3,646) (3,646) Cash collateral (e) (2,837) (281) (1,886) (801) Total derivatives on Condensed Consolidated Balance Sheets (f) $ 697 $ 209 $ 393 $ 141 (a) Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral. (b) Includes written credit default swaps linked to certain actively traded indices. In the case of a credit event, the maximum future payment is limited to the constituent’s representation within the index. (c) Consists primarily of stable value wraps and contracts with multiple underlying exposures. (d) Represents netting of derivative exposures covered by a qualifying master netting agreement. (e) Represents cash collateral posted and received that is eligible for netting. (f) Freestanding derivatives only, excludes embedded derivatives. Derivative instrument assets and liabilities are recorded in Other assets and Other liabilities, respectively. The fair value of assets related to bifurcated embedded derivatives were both zero at September 30, 2024 and December 31, 2023. The fair value of liabilities related to bifurcated embedded derivatives was $13.6 billion and $10.2 billion at September 30, 2024 and December 31, 2023, respectively. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets. Embedded derivatives are primarily related to guarantee features in fixed index annuities, index universal life contracts and bonds available-for-sale, which include equity and interest rate components and the funds withheld arrangement with Fortitude Re. For additional information, see Note 7. The following table presents the gross notional amounts of our derivatives and the fair value of derivative assets and liabilities with related parties and third parties: September 30, 2024 December 31, 2023 Gross Derivative Gross Derivative Gross Derivative Gross Derivative (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Total derivatives with related parties $ 2,161 $ 32 $ — $ — $ 53,163 $ 622 $ 5,720 $ 232 Total derivatives with third parties 170,453 9,113 77,028 6,101 120,790 5,303 63,241 4,356 Total derivatives, gross $ 172,614 $ 9,145 $ 77,028 $ 6,101 $ 173,953 $ 5,925 $ 68,961 $ 4,588 As of September 30, 2024 and December 31, 2023, the following amounts were recorded on the Condensed Consolidated Balance Sheets related to the carrying amount of the hedged assets (liabilities) and cumulative basis adjustments included in the carrying amount for fair value hedges: September 30, 2024 December 31, 2023 (in millions) Carrying Cumulative Amount of Carrying Cumulative Amount of Balance sheet line item in which hedged item is recorded: Fixed maturities, available-for-sale, at fair value $ 7,250 $ — $ 7,412 $ — Commercial mortgage and other loans (a) — (23) — (24) Policyholder contract deposits (b) (7,842) (96) (4,756) (31) (a) This relates to hedge accounting that has been discontinued, but the respective loans are still held. The cumulative adjustment is being amortized into earnings over the remaining life of the loan. (b) This relates to fair value hedges on GICs. COLLATERAL We engage in derivative transactions that are not subject to a clearing requirement directly with related parties and unaffiliated third parties, in most cases under International Swaps and Derivatives Association, Inc. (“ISDA”) Master Agreements. Many of the ISDA Master Agreements also include Credit Support Annex provisions, which provide for collateral postings that may vary based on criteria such as ratings and threshold levels. We attempt to reduce our risk with certain counterparties by entering into agreements that enable collateral to be obtained from a counterparty on an up-front or contingent basis. We minimize the risk that counterparties might be unable to fulfill their contractual obligations by monitoring counterparty credit exposure and collateral value and generally requiring additional collateral to be posted upon the occurrence of certain events or circumstances. Collateral posted by us to third parties for derivative transactions was $1.2 billion and $1.4 billion at September 30, 2024 and December 31, 2023, respectively. No collateral was posted by us to related parties for derivative transactions at September 30, 2024 and December 31, 2023, respectively. In the case of collateral posted under derivative transactions that are not subject to clearing, this collateral can generally be repledged or resold by the counterparties. Collateral provided to us from third parties for derivative transactions was $3.5 billion and $1.9 billion at September 30, 2024 and December 31, 2023, respectively. Collateral provided to us from related parties for derivative transactions was $31 million and $377 million at September 30, 2024 and December 31, 2023, respectively. In the case of collateral provided to us under derivative transactions that are not subject to clearing, we generally can repledge or resell collateral. OFFSETTING We have elected to present all derivative receivables and derivative payables, and the related cash collateral received and paid, on a net basis on our Condensed Consolidated Balance Sheets when a legally enforceable ISDA Master Agreement exists between us and our derivative counterparty. An ISDA Master Agreement is an agreement governing multiple derivative transactions between two counterparties. The ISDA Master Agreement generally provides for the net settlement of all, or a specified group, of these derivative transactions, as well as transferred collateral, through a single payment, and in a single currency, as applicable. The net settlement provisions apply in the event of a default on, or affecting any, one derivative transaction or a termination event affecting all, or a specified group of, derivative transactions governed by the ISDA Master Agreement. HEDGE ACCOUNTING We designated certain derivatives entered into with related parties as fair value hedges of available-for-sale securities held by our insurance subsidiaries. The fair value hedges include foreign currency forwards and cross-currency swaps designated as hedges of the change in fair value of foreign currency denominated available-for-sale securities attributable to changes in foreign exchange rates. We also designated certain interest rate swaps entered into with related parties as fair value hedges of fixed rate GICs and commercial mortgage loans attributable to changes in benchmark interest rates. In 2022, we designated certain interest rate swaps entered into with related parties as cash flow hedges of forecasted coupon payments associated with anticipated long-term debt issuances. For the three and nine months ended September 30, 2024, $7 million and $21 million, respectively, and for the three and nine months ended September 30, 2023, $7 million and $21 million, respectively, have been reclassified into Interest expense. The remaining amount in AOCI, of $153 million, will be reclassified into Interest expense over the life of the hedging relationship, which can extend up to 30 years. We expect $28 million to be reclassified into Interest expense over the next 12 months. There are no amounts excluded from the assessment of hedge effectiveness that are recognized in earnings. For additional information related to the debt issuances, see Note 17 to the Consolidated Financial Statements in the 2023 Form 10-K. We also designated certain interest rate swaps as cash flow hedges of floating-rate investment assets. Related to such swaps, for the three and nine months ended September 30, 2024, we recognized derivative gains (losses) of $119 million and $106 million, respectively, in AOCI and $(14) million and $(21) million, respectively, in net investment income. For the three and nine months ended September 30, 2023, $(11) million and $(11) million, respectively, in AOCI and $(1) million and $(1) million, respectively, in net investment income. As it relates to such hedges, we do not expect any reclassifications into net investment income over the next 12 months and there are no amounts excluded from the assessment of hedge effectiveness that are recognized in earnings. We use cross-currency swaps as hedging instruments in net investment hedge relationships to mitigate the foreign exchange risk associated with our non-U.S. dollar functional currency foreign subsidiaries. For net investment hedge relationships that use derivatives as hedging instruments, we assess hedge effectiveness and measure hedge ineffectiveness using changes in forward rates. We recognized gains (losses) for the three and nine months ended September 30, 2024 of $(5) million and $(2) million, respectively, and for the three and nine months ended September 30, 2023 of $3 million and $1 million, respectively, included in Change in foreign currency translation adjustment in OCI related to the net investment hedge relationships. The gains (losses) recognized primarily include transactions with related parties. A qualitative methodology is utilized to assess hedge effectiveness for net investment hedges, while regression analysis is employed for all other hedges. The following table presents the gain (loss) recognized in earnings on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Three Months Ended September 30, 2024 Interest rate contracts: Interest credited to policyholder account balances $ 137 $ — $ (140) $ (3) Foreign exchange contracts: Realized gains (losses) $ (327) $ 99 $ 327 $ 99 Three Months Ended September 30, 2023 Interest rate contracts: Interest credited to policyholder account balances $ (57) $ — $ 54 $ (3) Foreign exchange contracts: Realized gains (losses) $ 226 $ (124) $ (226) $ (124) Nine Months Ended September 30, 2024 Interest rate contracts: Interest credited to policyholder account balances $ 68 $ — $ (71) $ (3) Foreign exchange contracts: Realized gains (losses) $ (158) $ 141 $ 158 $ 141 Nine Months Ended September 30, 2023 Interest rate contracts: Interest credited to policyholder account balances $ (14) $ — $ 3 $ (11) Foreign exchange contracts: Realized gains (losses) $ 64 $ (15) $ (64) $ (15) (a) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are included in the assessment of hedge effectiveness. (b) Includes gains and losses with related parties for the three and nine months ended September 30, 2024 and 2023. (c) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are excluded from the assessment of hedge effectiveness and recognized in earnings on a mark-to-market basis. DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Earnings Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 By Derivative Type: Interest rate contracts $ 136 $ (618) $ (228) $ (734) Foreign exchange contracts (282) 268 (118) 78 Equity contracts 476 (459) 679 (507) Credit contracts 34 — 60 — Other contracts 11 25 42 50 Embedded derivatives (976) 718 (1,813) (101) Fortitude Re funds withheld embedded derivative (1,509) 1,080 (1,451) 177 Total (a) $ (2,110) $ 1,014 $ (2,829) $ (1,037) By Classification: Policy fees $ 17 $ 16 $ 46 $ 48 Net investment income (loss) - Fortitude Re funds withheld assets (8) 1 3 (1) Net realized gains (losses) - excluding Fortitude Re funds withheld assets (b) (735) 538 (566) 133 Net realized gains (losses) on Fortitude Re funds withheld assets 119 (155) (13) (197) Net realized gains (losses) on Fortitude Re funds withheld embedded derivatives (1,509) 1,080 (1,451) 177 Policyholder benefits — (5) — (5) Change in the Fair value of market risk benefits (c) 6 (461) (848) (1,192) Total (a) $ (2,110) $ 1,014 $ (2,829) $ (1,037) (a) Includes gains (losses) with related parties of $(14) million and $(744) million for the three months ended September 30, 2024 and 2023, respectively, and $22 million and $(984) million for the nine months ended September 30, 2024 and 2023, respectively. (b) Includes a $5 million gain related to the sale of AIG Life U.K. reported in net (gain) loss on divestitures for the nine months ended September 30, 2024. For further details on this transaction, see Note 1. (c) This represents activity related to derivatives that economically hedged changes in fair value of certain MRBs. In addition to embedded derivatives within policyholder contract deposits, certain guaranteed benefits within insurance contracts are classified as MRBs. The change in the fair value of these benefits is disclosed in Note 14 . The change in the fair value of MRBs and the derivative instruments that hedge those risks are recognized in “Change in the fair value of MRBs, net” in the Condensed Consolidated Statements of Income (Loss). HYBRID SECURITIES WITH EMBEDDED CREDIT DERIVATIVES We invest in hybrid securities (such as credit-linked notes) with the intent of generating income, and not specifically to acquire exposure to embedded derivative risk. As is the case with our other investments in RMBS, CMBS, CLOs, ABS and collateralized debt obligation s (“CDOs”), our investments in these hybrid securities are exposed to losses only up to the amount of our initial investment in the hybrid security. Other than our initial investment in the hybrid securities, we have no further obligation to make payments on the embedded credit derivatives in the related hybrid securities. We elect to account for our investments in these hybrid securities with embedded written credit derivatives at fair value, with changes in fair value recognized in Net investment income. Our investments in these hybrid securities are reported as Other bond securities in the Condensed Consolidated Balance Sheets. The fair values of these hybrid securities were both zero at September 30, 2024 and December 31, 2023. These securities have par amounts of $25 million and $25 million at September 30, 2024 and December 31, 2023, respectively, and have remaining stated maturity dates that extend to 2052.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	10. Deferred Policy Acquisition Costs Deferred policy acquisition costs (“DAC”) represent those costs that are incremental and directly related to the successful acquisition of new or renewal of existing insurance contracts. We defer incremental costs that result directly from, and are essential to, the acquisition or renewal of an insurance contract. Such DAC generally include agent or broker commissions and bonuses, and medical fees that would not have been incurred if the insurance contract had not been acquired or renewed. Each cost is analyzed to assess whether it is fully deferrable. We partially defer costs, including certain commissions, when we do not believe that the entire cost is directly related to the acquisition or renewal of insurance contracts. Commissions that are not deferred to DAC are recorded in Non-deferrable insurance commissions in the Condensed Consolidated Statements of Income (Loss). We also defer a portion of employee total compensation and payroll-related fringe benefits directly related to time spent performing specific acquisition or renewal activities, including costs associated with the time spent on underwriting, policy issuance and processing, and sales force contract selling. The amounts deferred are derived based on successful efforts for each distribution channel and/or cost center from which the cost originates. DAC for all contracts, except for those with limited to no exposure to policyholder behavior risk, (i.e., certain investment contracts), is grouped and amortized on a constant level basis over the expected term of the related contracts. Value of Business Acquired (“VOBA”): VOBA is determined at the time of acquisition and is reported in the Condensed Consolidated Balance Sheets with DAC. This value is based on the present value of future pre-tax profits discounted at yields applicable at the time of purchase. VOBA is amortized, consistent with DAC, i.e., over the life of the business on a constant level basis. The following table presents a rollforward of deferred policy acquisition costs and value of business acquired related to long-duration contracts for the nine months ended September 30, 2024 and 2023: Individual Group Life Institutional Total (in millions) DAC: Balance at January 1, 2024 (a) $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Capitalization 606 60 317 32 1,015 Amortization expense (453) (62) (259) (10) (784) Other, including foreign exchange — — (7) — (7) Dispositions — — (27) — (27) Balance at September 30, 2024 $ 4,930 $ 1,053 $ 4,116 $ 92 $ 10,191 Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 519 55 341 22 937 Amortization expense (424) (62) (282) (6) (774) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (684) — (684) Balance at September 30, 2023 $ 4,738 $ 1,053 $ 4,098 $ 67 $ 9,956 VOBA: Balance at January 1, 2024 (b) $ 2 $ 1 $ 14 $ — $ 17 Amortization expense (1) (1) (1) — (3) Other, including foreign exchange — — (1) — (1) Balance at September 30, 2024 $ 1 $ — $ 12 $ — $ 13 Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (71) — (71) Balance at September 30, 2023 $ 2 $ 1 $ 14 $ — $ 17 Total DAC and VOBA: Balance at September 30, 2024 $ 10,204 Balance at September 30, 2023 $ 9,973 (a) Excludes $740 million of DAC reclassified to Assets held-for-sale at the beginning of the period and was derecognized concurrent with the closing of the sale of AIG Life U.K. (b) Excludes $74 million of VOBA reclassified to Assets held-for-sale at the beginning of the period and was derecognized concurrent with the closing of the sale of AIG Life U.K. DEFERRED SALES INDUCEMENTS We offer deferred sales inducements (“DSI”) which include enhanced crediting rates or bonus payments to contract holders (bonus interest) on certain annuity and investment contract products. To qualify for accounting treatment as an asset, the bonus interest must be explicitly identified in the contract at inception. We must also demonstrate that such amounts are incremental to amounts we credit on similar contracts without bonus interest and are higher than the contracts’ expected ongoing crediting rates for periods after the bonus period. DSI is reported in Other assets, while amortization related to DSI is recorded in Interest credited to policyholder account balances. DSI amounts are deferred and amortized on a constant level basis over the life of the contract consistent with DAC. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 Capitalization 4 1 5 5 — 5 Amortization expense (38) (10) (48) (41) (10) (51) Balance, end of period $ 299 $ 155 $ 454 $ 345 $ 167 $ 512 Other reconciling items* 1,785 1,302 Other assets, including restricted cash $ 2,239 $ 1,814 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Separate Account Assets and Lia

Separate Account Assets and Liabilities	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Separate Account Assets and Liabilities	11. Separate Account Assets and Liabilities We report variable contracts within the separate accounts when investment income and investment gains and losses accrue directly to, and investment risk is borne by, the contract holder and the separate account meets additional accounting criteria to qualify for separate account treatment. The assets supporting the variable portion of variable annuity and variable universal life contracts that qualify for separate account treatment are carried at fair value and are reported as separate account assets, with an equivalent summary total reported as separate account liabilities. The assets of insulated accounts are legally segregated and are not subject to claims that arise from any of our other businesses. Policy values for variable products and investment contracts are expressed in terms of investment units. Each unit is linked to an asset portfolio. The value of a unit increases or decreases based on the value of the linked asset portfolio. The current liability at any time is the sum of the current unit value of all investment units in the separate accounts, plus any liabilities for MRBs. Amounts assessed against the policyholders for mortality, administrative and other services are included in policy fees. Investment performance (including investment income, net investment gains (losses) and changes in unrealized gains (losses)) and the corresponding amounts credited to policyholders of such separate accounts are offset within the same line in the Condensed Consolidated Statements of Income (Loss). For discussion of the fair value measurement of guaranteed benefits that are accounted for as MRBs, see Note 4. The following table presents fair value of separate account investment options: Individual Retirement Group Retirement Life Institutional Total (in millions) September 30, 2024 Equity funds $ 27,353 $ 30,785 $ 945 $ 683 $ 59,766 Bond funds 4,187 3,233 46 1,305 8,771 Balanced funds 18,066 5,831 56 2,143 26,096 Money market funds 705 825 17 188 1,735 Total $ 50,311 $ 40,674 $ 1,064 $ 4,319 $ 96,368 December 31, 2023 Equity funds $ 25,451 $ 28,675 $ 819 $ 593 $ 55,538 Bond funds 4,037 3,292 44 1,303 8,676 Balanced funds 17,711 5,479 53 1,923 25,166 Money market funds 694 742 16 173 1,625 Total $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 The following table presents the balances and changes in separate account liabilities: Individual Retirement Group Life Institutional Total (in millions) Nine Months Ended September 30, 2024 Separate accounts balance, beginning of year $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Premiums and deposits 973 1,063 26 93 2,155 Policy charges (863) (353) (36) (72) (1,324) Surrenders and withdrawals (3,872) (3,238) (24) (58) (7,192) Benefit payments (721) (444) (9) (16) (1,190) Investment performance 6,841 5,718 179 355 13,093 Net transfers from (to) general account and other 60 (260) (4) 25 (179) Separate accounts balance, end of period $ 50,311 $ 40,674 $ 1,064 $ 4,319 $ 96,368 Cash surrender value * $ 49,399 $ 40,467 $ 1,043 $ 4,313 $ 95,222 Nine Months Ended September 30, 2023 Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 1,124 1,033 27 40 2,224 Policy charges (964) (333) (37) (69) (1,403) Surrenders and withdrawals (2,728) (2,205) (19) (503) (5,455) Benefit payments (640) (374) (5) (61) (1,080) Investment performance 2,470 2,806 85 160 5,521 Net transfers from (to) general account and other 173 (122) (2) 15 64 Separate accounts balance, end of period $ 44,613 $ 35,166 $ 848 $ 4,097 $ 84,724 Cash surrender value * $ 43,566 $ 34,980 $ 828 $ 4,100 $ 83,474 * The cash surrender value represents the amount of the contract holder’s account balance distributable at the balance sheet date less applicable surrender charges. Separate account liabilities primarily represent the contract holder's account balance in separate account assets and will be equal and offsetting to total separate account assets.

Future Policy Benefits

Future Policy Benefits	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Future Policy Benefits	12. Future Policy Benefits Future policy benefits primarily include reserves for traditional life and annuity payout contracts, which represent an estimate of the present value of future benefits less the present value of future net premiums. Included in Future policy benefits are liabilities for annuities issued in structured settlement arrangements whereby a claimant receives life contingent payments over their lifetime. Also included are pension risk transfer arrangements whereby an upfront premium is received in exchange for guaranteed retirement benefits. All payments under these arrangements are fixed and determinable with respect to their amounts and dates. Structured settlement or other annuitization elections (e.g., certain single premium immediate annuities) that do not involve life contingent payments, but rather payments for a stated period are included in Policyholder contract deposits. For traditional and limited pay long-duration products, benefit reserves are accrued and benefit expense is recognized using a net premium ratio (“NPR”) methodology for each annual cohort of business. The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Condensed Consolidated Balance Sheets: Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Nine Months Ended September 30, 2024 Present value of expected net premiums Balance, beginning of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 Effect of changes in discount rate assumptions (AOCI) — — 1,482 — 44 1,526 Reclassified to Liabilities held-for-sale — — 4,287 — — 4,287 Beginning balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in cash flow assumptions — — (57) — (11) (68) Effect of actual variances from expected experience — — 4 — (7) (3) Adjusted beginning of year balance — — 14,095 — 999 15,094 Issuances — — 733 — — 733 Interest accrual — — 288 — 32 320 Net premium collected — — (888) — (86) (974) Foreign exchange impact — — (46) — — (46) Other — — — — — — Dispositions — — (5,108) — — (5,108) Ending balance at original discount rate — — 9,074 — 945 10,019 Effect of changes in discount rate assumptions (AOCI) — — (463) — (28) (491) Balance, end of period $ — $ — $ 8,611 $ — $ 917 $ 9,528 Present value of expected future policy benefits Balance, beginning of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Effect of changes in discount rate assumptions (AOCI) 132 (3) 2,745 1,906 437 5,217 Reclassified to Liabilities held-for-sale — — 5,119 — — 5,119 Beginning balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 Effect of changes in cash flow assumptions (a) — — (24) (41) (39) (104) Effect of actual variances from expected experience (a) (27) (2) 15 (8) (19) (41) Adjusted beginning of year balance 1,458 212 25,386 20,339 21,033 68,428 Issuances 92 10 721 2,105 5 2,933 Interest accrual 50 9 635 665 753 2,112 Benefit payments (105) (18) (1,204) (907) (1,099) (3,333) Foreign exchange impact — — (61) 503 — 442 Other — (5) 2 — (7) (10) Dispositions — — (6,796) — — (6,796) Ending balance at original discount rate 1,495 208 18,683 22,705 20,685 63,776 Effect of changes in discount rate assumptions (AOCI) (108) 5 (825) (2,260) (324) (3,512) Balance, end of period $ 1,387 $ 213 $ 17,858 $ 20,445 $ 20,361 $ 60,264 Net liability for future policy benefits, end of period 1,387 213 9,247 20,445 19,444 50,736 Liability for future policy benefits for certain participating contracts — — 12 — 1,270 1,282 Liability for universal life policies (b) — — 4,170 — 55 4,225 Deferred profit liability 59 11 22 1,673 832 2,597 Other reconciling items (c) 34 — 449 — 93 576 Future policy benefits for life and accident and health insurance contracts 1,480 224 13,900 22,118 21,694 59,416 Less: Reinsurance recoverable: (5) — (678) (41) (21,694) (22,418) Net liability for future policy benefits after reinsurance recoverable $ 1,475 $ 224 $ 13,222 $ 22,077 $ — $ 36,998 Weighted average liability duration of the liability for future policy benefits (d) 7.7 6.7 11.1 11.9 11.2 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Nine Months Ended September 30, 2023 Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — 34 — 21 55 Effect of actual variances from expected experience — — 36 — 16 52 Adjusted beginning of year balance — — 13,596 — 1,094 14,690 Issuances — — 986 — — 986 Interest accrual — — 325 — 34 359 Net premium collected — — (1,093) — (90) (1,183) Foreign exchange impact — — 44 — — 44 Other — — 11 — (3) 8 Ending balance at original discount rate — — 13,869 — 1,035 14,904 Effect of changes in discount rate assumptions (AOCI) — — (2,199) — (95) (2,294) Reclassified to Liabilities held-for-sale (3,784) (3,784) Balance, end of period $ — $ — $ 7,886 $ — $ 940 $ 8,826 Present value of expected future policy benefits Balance, beginning of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Effect of changes in discount rate assumptions (AOCI) 167 2 3,424 2,634 1,083 7,310 Beginning balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in cash flow assumptions (a) — — 62 — 76 138 Effect of actual variances from expected experience (a) (1) (1) 85 21 (10) 94 Adjusted beginning of year balance 1,389 212 24,750 15,119 21,578 63,048 Issuances 141 16 978 3,503 4 4,642 Interest accrual 38 8 679 478 770 1,973 Benefit payments (95) (20) (1,461) (810) (1,121) (3,507) Foreign exchange impact — — 54 48 — 102 Other — — 8 — (18) (10) Ending balance at original discount rate 1,473 216 25,008 18,338 21,213 66,248 Effect of changes in discount rate assumptions (AOCI) (217) (9) (4,397) (3,512) (2,214) (10,349) Reclassified to Liabilities held-for-sale — — (4,352) — — (4,352) Balance, end of period $ 1,256 $ 207 $ 16,259 $ 14,826 $ 18,999 $ 51,547 Net liability for future policy benefits, end of period 1,256 207 8,373 14,826 18,059 42,721 Liability for future policy benefits for certain participating contracts — — 13 — 1,308 1,321 Liability for universal life policies (b) — — 3,223 — 55 3,278 Deferred profit liability 80 9 18 1,428 865 2,400 Other reconciling items (c) 34 — 508 — 93 635 Future policy benefits for life and accident and health insurance contracts 1,370 216 12,135 16,254 20,380 50,355 Less: Reinsurance recoverable: (4) — (700) (37) (20,380) (21,121) Net liability for future policy benefits after reinsurance recoverable $ 1,366 $ 216 $ 11,435 $ 16,217 $ — $ 29,234 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.4 6.6 11.9 10.9 10.8 (a) Effect of changes in cash flow assumptions and variances from actual experience are partially offset by changes in the deferred profit liability. (b) Additional details can be found in the table that presents the balances and changes in the liability for universal life policies. (c) Other reconciling items primarily include the Accident and Health as well as Group Benefits (short-duration) contracts. (d) The weighted average liability durations are calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates and current discount rate, which can be found in the table below. (e) Includes balances that were reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets. For the nine months ended September 30, 2024 and 2023 in the traditional and term life insurance block, capping of net premium ratios at 100% caused a (credit)/charge to net income of $(1) million and $(1) million, respectively. The discount rate was updated based on market observable information. Relative to the prior period, the increase in upper-medium-grade fixed income yields resulted in a decrease in the liability for future policy benefits. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Individual Retirement Undiscounted expected future benefits and expense $ 2,139 $ 2,119 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 306 $ 315 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Life Insurance (a) Undiscounted expected future benefits and expense $ 31,018 $ 39,763 Undiscounted expected future gross premiums $ 21,763 $ 29,789 Discounted expected future gross premiums (at current discount rate) $ 14,899 $ 18,596 Institutional Markets Undiscounted expected future benefits and expense $ 43,864 $ 33,025 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Corporate and other (b) Undiscounted expected future benefits and expense $ 41,994 $ 43,250 Undiscounted expected future gross premiums $ 2,016 $ 2,141 Discounted expected future gross premiums (at current discount rate) $ 1,385 $ 1,372 (a) 2023 includes balances related to AIG Life U.K. that have been reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets at September 30, 2023. (b) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Nine Months Ended September 30, Nine Months Ended September 30, (in millions) 2024 2023 2024 2023 Individual Retirement $ 102 $ 164 $ 50 $ 38 Group Retirement 10 16 9 8 Life Insurance 1,537 1,781 347 354 Institutional Markets 2,200 3,709 665 478 Corporate and Other 154 161 721 736 Total $ 4,003 $ 5,831 $ 1,792 $ 1,614 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other September 30, 2024 Weighted-average interest rate, original discount rate 3.75 % 5.17 % 4.69 % 4.29 % 4.85 % Weighted-average interest rate, current discount rate 4.89 % 4.81 % 5.04 % 5.15 % 5.04 % September 30, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.14 % 3.97 % 4.87 % Weighted-average interest rate, current discount rate * 5.92 % 5.90 % 5.92 % 5.87 % 5.94 % * Weighted-average interest rates for Life Insurance include balances that have been reclassified to Liabilities held-for-sale. The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. Actuarial Assumption Updates for Liability for Future Policy Benefits In 2024, Corebridge recognized a favorable impact to net income primarily due to model refinements offset by lapse and mortality assumption updates in Life Insurance. In 2023, Corebridge recognized an unfavorable impact to net income due to other refinements on Life products offset in part by mortality assumption updates. Additional Liabilities: For universal-life type products, insurance benefits in excess of the account balance are generally recognized as expenses in the period incurred unless the design of the product is such that future charges are insufficient to cover the benefits, in which case an “additional liability” is accrued over the life of the contract. These additional liabilities are included in Future policy benefits for life and accident and health insurance contracts in the Condensed Consolidated Balance Sheets. Our additional liabilities include universal life policies with secondary guarantees and these additional liabilities are recognized in addition to the Policyholder account balances. For universal life policies with secondary guarantees, as well as other universal life policies for which profits followed by losses are expected at contract inception, a liability is recognized based on a benefit ratio of (a) the present value of total expected payments, in excess of the account value, over the life of the contract, divided by (b) the present value of total expected assessments over the life of the contract. For universal life policies without secondary guarantees, for which profits followed by losses are first expected after contract inception, we establish a liability, in addition to policyholder account balances, so that expected future losses are recognized in proportion to the emergence of profits in the earlier (profitable) years. Universal life account balances are reported within Policyholder contract deposits, while these additional liabilities are reported within the liability for future policy benefits in the Condensed Consolidated Balance Sheets. These additional liabilities are also adjusted to reflect the effect of unrealized gains or losses on fixed maturity securities available-for-sale on accumulated assessments, with related changes recognized through OCI. The policyholder behavior assumptions for these liabilities include mortality, lapses and premium persistency. The capital market assumptions used for the liability for universal life policies include discount rates and net earned rates. The following table presents the balances and changes in the liability for universal life policies: Nine Months Ended September 30, 2024 2023 Life Corporate and Other Total Life Corporate and Other Total (in millions, except duration of liability) Balance, beginning of year $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 Effect of changes in assumptions 38 — 38 (41) — (41) Effect of changes in experience 274 (3) 271 174 (3) 171 Adjusted beginning balance $ 4,043 $ 52 $ 4,095 $ 3,433 $ 52 $ 3,485 Assessments 434 1 435 518 1 519 Excess benefits paid (646) — (646) (681) — (681) Interest accrual 119 2 121 95 2 97 Other (8) — (8) 20 — 20 Changes related to unrealized appreciation (depreciation) of investments 228 — 228 (162) — (162) Balance, end of period $ 4,170 $ 55 $ 4,225 $ 3,223 $ 55 $ 3,278 Less: Reinsurance recoverable (155) (55) (210) (162) — (162) Balance, end of period, net of Reinsurance recoverable $ 4,015 $ — $ 4,015 $ 3,061 $ 55 $ 3,116 Weighted average duration of liability * 24.0 9.0 25.4 9.3 * The weighted average duration of liabilities is calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates, which can be found in the table below. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for the liability for universal life policies: Gross Assessments Interest Accretion Nine Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Life Insurance $ 741 $ 855 $ 119 $ 95 Corporate and Other 29 31 2 2 Total $ 770 $ 886 $ 121 $ 97 The following table presents the calculation of weighted average interest rate for the liability for universal life policies: September 30, 2024 2023 Life Corporate and Other Life Corporate and Other Weighted-average interest rate 4.13 % 4.20 % 3.94 % 4.20 % The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. The following table presents details concerning our universal life policies: Nine Months Ended September 30, (in millions, except for attained age of contract holders) 2024 2023 Account value $ 3,912 $ 3,654 Net amount at risk $ 74,889 $ 71,497 Average attained age of contract holders 53 53 Actuarial Assumption Updates for Liability for universal life policies In 2024, Corebridge recognized an unfavorable impact to net income due to lapse and mortality updates for universal life policies, offset by yield and spread updates. In 2023, Corebridge recognized a favorable impact to net income due to updates to the portfolio yield assumption and refinements to the modeling for universal life policies, partially offset by updated premium assumptions.

Policyholder Contract Deposits

Policyholder Contract Deposits and Other Policyholder Funds	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Policyholder Contract Deposits and Other Policyholder Funds	13. Policyholder Contract Deposits and Other Policyholder Funds POLICYHOLDER CONTRACT DEPOSITS The liability for Policyholder contract deposits is primarily recorded at accumulated value (deposits received and net transfers from separate accounts, plus accrued interest credited, less withdrawals and assessed fees). Deposits collected on investment-oriented products are not reflected as revenues. They are recorded directly to Policyholder contract deposits upon receipt. Amounts assessed against the contract holders for mortality, administrative, and other services are included as Policy fees in revenues. In addition to liabilities for universal life, fixed annuities, fixed options within variable annuities, annuities without life contingencies, funding agreements and GICs, policyholder contract deposits also include our liability for (i) index features accounted for as embedded derivatives at fair value, (ii) annuities issued in a structured settlement arrangement with no life contingency and (iii) certain contracts we have elected to account for at fair value. Changes in the fair value of the embedded derivatives related to policy index features and the fair value of derivatives hedging these liabilities are recognized in realized gains and losses. For additional information on index credits accounted for as embedded derivatives, see Note 4. Under a funding agreement-backed notes issuance program, an unaffiliated, non-consolidated statutory trust issues medium-term notes to investors, which are secured by funding agreements issued to the trust by one of our subsidiaries through our Institutional Markets business. The following table presents the balances and changes in Policyholder contract deposits account balances (a) : Individual Group Life Institutional Corporate and other Total (in millions, except for average crediting rate) Nine Months Ended September 30, 2024 Policyholder contract deposits account balance, beginning of year $ 94,896 $ 41,299 $ 10,231 $ 13,649 $ 3,333 $ 163,408 Deposits 17,949 4,025 1,211 3,784 31 27,000 Policy charges (544) (380) (1,124) (51) (44) (2,143) Surrenders and withdrawals (13,087) (7,337) (227) (82) (91) (20,824) Benefit payments (3,049) (1,500) (214) (1,232) (219) (6,214) Net transfers from (to) separate account 3,934 3,086 17 15 — 7,052 Interest credited 2,769 951 377 511 119 4,727 Other (1) (210) 15 214 (3) 15 Policyholder contract deposits account balance, end of period 102,867 39,934 10,286 16,808 3,126 173,021 Other reconciling items (b) (1,113) (187) 279 177 — (844) Policyholder contract deposits $ 101,754 $ 39,747 $ 10,565 $ 16,985 $ 3,126 $ 172,177 Weighted average crediting rate 3.04 % 3.12 % 4.46 % 4.57 % 5.05 % Cash surrender value (c) $ 96,343 $ 39,076 $ 9,101 $ 2,586 $ 1,613 $ 148,719 Nine Months Ended September 30, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 12,885 3,943 1,211 3,707 34 21,780 Policy charges (661) (359) (1,143) (50) (47) (2,260) Surrenders and withdrawals (10,310) (6,010) (194) (502) (65) (17,081) Benefit payments (2,984) (1,801) (222) (1,355) (233) (6,595) Net transfers from (to) separate account 2,577 1,896 1 565 — 5,039 Interest credited 1,482 843 297 353 127 3,102 Other (7) 6 16 (9) (11) (5) Policyholder contract deposits account balance, end of period 92,536 41,913 10,190 14,443 3,392 162,474 Other reconciling items (b) (2,280) (327) 11 (20) — (2,616) Policyholder contract deposits $ 90,256 $ 41,586 $ 10,201 $ 14,423 $ 3,392 $ 159,858 Weighted average crediting rate 2.65 % 2.88 % 4.37 % 3.66 % 4.99 % Cash surrender value (c) $ 85,644 $ 40,928 $ 9,008 $ 2,577 $ 1,732 $ 139,889 (a) Transactions between the general account and the separate account are presented in this table on a gross basis (e.g., a policyholder's funds are initially deposited into the general account and then simultaneously transferred to the separate account), and thus, did not impact the ending balance of policyholder contract deposits. (b) Reconciling items principally relate to MRBs that are bifurcated and reported separately, net of embedded derivatives that are recorded in policyholder contract deposits. (c) Cash surrender value is related to the portion of policyholder contract deposits that have a defined cash surrender value (e.g. GICs do not have a cash surrender value). For information related to net amount at risk, refer to the table that presents the balances of and changes in MRBs in Note 14. The following table presents Policyholder contract deposits account balance by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums: September 30, 2024 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 5,794 $ 1,711 $ 33,119 $ 40,624 > 1% - 2% 3,226 21 1,120 4,367 > 2% - 3% 7,127 13 2,299 9,439 > 3% - 4% 5,943 34 4 5,981 > 4% - 5% 411 — 4 415 > 5% 37 5 3 45 Total $ 22,538 $ 1,784 $ 36,549 $ 60,871 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,087 $ 1,542 $ 8,594 $ 12,223 > 1% - 2% 3,324 735 937 4,996 > 2% - 3% 10,977 297 115 11,389 > 3% - 4% 575 — — 575 > 4% - 5% 6,432 — — 6,432 > 5% 137 — — 137 Total $ 23,532 $ 2,574 $ 9,646 $ 35,752 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 109 364 473 > 2% - 3% 9 391 1,530 1,930 > 3% - 4% 1,179 438 22 1,639 > 4% - 5% 2,748 — — 2,748 > 5% 211 — — 211 Total $ 4,147 $ 938 $ 1,916 $ 7,001 Total* $ 50,217 $ 5,296 $ 48,111 $ 103,624 Percentage of total 49% 5% 46% 100% September 30, 2023 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 6,741 $ 2,234 $ 24,455 $ 33,430 > 1% - 2% 3,940 22 1,909 5,871 > 2% - 3% 8,401 11 822 9,234 > 3% - 4% 6,864 37 6 6,907 > 4% - 5% 439 — 4 443 > 5% 32 — 3 35 Total $ 26,417 $ 2,304 $ 27,199 $ 55,920 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,197 $ 2,467 $ 6,304 $ 10,968 > 1% - 2% 3,874 1,347 667 5,888 > 2% - 3% 12,700 159 93 12,952 > 3% - 4% 641 — — 641 > 4% - 5% 6,773 — — 6,773 > 5% 150 — — 150 Total $ 26,335 $ 3,973 $ 7,064 $ 37,372 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 131 347 478 > 2% - 3% 9 866 1,078 1,953 > 3% - 4% 1,178 499 26 1,703 > 4% - 5% 2,879 — — 2,879 > 5% 218 — — 218 Total $ 4,284 $ 1,496 $ 1,451 $ 7,231 Total* $ 57,036 $ 7,773 $ 35,714 $ 100,523 Percentage of total 56% 8% 36% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. OTHER POLICYHOLDER FUNDS Other policyholder funds include unearned revenue reserve (“URR”), consisting of front-end loads on investment-oriented contracts, representing those policy loads that are non-level and typically higher in initial policy years than in later policy years. Amortization of URR is recorded in Policy fees. URR for investment-oriented contracts are generally deferred and amortized into income using the same assumptions and factors used to amortize DAC (i.e., on a constant level basis). The following table presents a rollforward of the unearned revenue reserve for the nine months ended September 30, 2024 and 2023: Life Institutional Corporate and Other Total (in millions) Nine Months Ended September 30, 2024 Balance, beginning of year $ 1,770 $ 1 $ 94 $ 1,865 Revenue deferred 120 — — 120 Amortization (83) — (7) (90) Balance, end of period $ 1,807 $ 1 $ 87 $ 1,895 Other reconciling items* 957 Other policyholder funds $ 2,852 Nine Months Ended September 30, 2023 Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 114 — — 114 Amortization (83) (1) (8) (92) Balance, end of period $ 1,758 $ 1 $ 97 $ 1,856 Other reconciling items* 994 Other policyholder funds $ 2,850 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.

Market Risk Benefits

Market Risk Benefits	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Market Risk Benefits	14. Market Risk Benefits MRBs are defined as contracts or contract features that both provide protection to the contract holder from other-than-nominal capital market risk and expose Corebridge to other-than nominal capital market risk. The MRB represents an amount that a policyholder receives in addition to the account balance upon the occurrence of a specific event or circumstance, such as death, annuitization, or periodic withdrawal that involves protection from other-than-nominal capital market risk. Certain contract features, such as GMWBs, GMDBs and guaranteed minimum income benefits (“GMIBs”) commonly found in variable, fixed index and fixed annuities, are MRBs. MRBs are assessed at contract inception using a non-option method involving attributed fees that results in an initial fair value of zero or an option method that results in a fair value greater than zero. MRBs are recorded at fair value, and Corebridge applies a non-option attributed fee valuation method for variable annuity products, and an option-based valuation method (host offset) for both fixed index and fixed products. Changes in the fair value of Market Risk Benefits, net represents changes in the fair value of market risk benefit liabilities and assets (with the exception of our own credit risk changes), and includes attributed rider fees and benefits, net of changes in the fair value of derivative instruments and fixed maturity securities that are used to economically hedge market risk from the variable annuity GMWB riders. The following table presents the balances of and changes in MRBs: Individual Group Total (in millions, except for attained age of contract holders) Nine Months Ended September 30, 2024 Balance, beginning of year $ 4,562 $ 308 $ 4,870 Effect of changes in our own credit risk (1,072) (88) (1,160) Balance, beginning of year, before effect of changes in our own credit risk $ 3,490 $ 220 $ 3,710 Issuances 612 40 652 Interest accrual 111 8 119 Attributed fees 504 45 549 Expected claims (49) (1) (50) Effect of changes in interest rates 86 5 91 Effect of changes in interest rate volatility (27) 1 (26) Effect of changes in equity markets (1,006) (87) (1,093) Effect of changes in equity index volatility (4) 1 (3) Actual outcome different from model expected outcome (28) 4 (24) Effect of changes in future expected policyholder behavior 148 26 174 Effect of changes in other future expected assumptions (95) (1) (96) Other, including foreign exchange — — — Balance, end of period before effect of changes in our own credit risk 3,742 261 4,003 Effect of changes in our own credit risk 1,081 89 1,170 Balance, end of period 4,823 350 5,173 Less: Reinsured MRB, end of period (61) — (61) Net Liability Balance after reinsurance recoverable $ 4,762 $ 350 $ 5,112 Net amount at risk GMDB only $ 578 $ 118 $ 696 GMWB only $ 377 $ 33 $ 410 Combined * $ 467 $ 11 $ 478 Weighted average attained age of contract holders 71 64 Nine Months Ended September 30, 2023 Balance, beginning of year $ 3,738 $ 296 $ 4,034 Effect of changes in our own credit risk (441) (24) (465) Balance, beginning of year, before effect of changes in our own credit risk $ 3,297 $ 272 $ 3,569 Issuances 527 28 555 Interest accrual 122 12 134 Attributed fees 636 49 685 Expected claims (68) (2) (70) Effect of changes in interest rates (1,223) (99) (1,322) Effect of changes in interest rate volatility (7) 2 (5) Effect of changes in equity markets (591) (61) (652) Effect of changes in equity index volatility (27) (4) (31) Actual outcome different from model expected outcome 155 10 165 Effect of changes in future expected policyholder behavior (1) (1) (2) Effect of changes in other future expected assumptions (86) (40) (126) Other, including foreign exchange — (3) (3) Balance, end of period before effect of changes in our own credit risk 2,734 163 2,897 Effect of changes in our own credit risk 662 53 715 Balance, end of period 3,396 216 3,612 Less: Reinsured MRB, end of period (71) — (71) Net liability balance after reinsurance recoverable $ 3,325 $ 216 $ 3,541 Net amount at risk GMDB only $ 1,200 $ 257 $ 1,457 GMWB only $ 24 $ 1 $ 25 Combined* $ 1,764 $ 28 $ 1,792 Weighted average attained age of contract holders 70 64 * Certain contracts contain both guaranteed GMDB and GMWB features and are modeled together for the purposes of calculating the MRB. The following is a reconciliation of MRBs by amounts in an asset position and in a liability position to the MRBs amount in the Condensed Consolidated Balance Sheets: September 30, 2024 September 30, 2023 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 970 $ 5,732 $ 4,762 $ 814 $ 4,139 $ 3,325 Group Retirement 194 544 350 164 380 216 Total $ 1,164 $ 6,276 $ 5,112 $ 978 $ 4,519 $ 3,541 * Cash flows and attributed fees for MRBs are determined on a policy level basis and are reported based on their asset or liability position at the balance sheet date. For additional information related to fair value measurements of MRBs, see Note 4. Actuarial Assumption Updates for Market Risk Benefits For 2024, Corebridge recognized an unfavorable impact to net income due to policyholder assumptions, including mortality and partial withdrawal updates, partially offset by economic assumptions. For 2023, Corebridge recognized a favorable impact to net income due to policyholder behavior assumptions.

Debt

Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	15. Debt On September 12, 2024, Corebridge Parent issued and sold $750 million aggregate principal amount of its 6.375% fixed-to-fixed reset rate junior subordinated notes due 2054 (“2054 Notes”). Subject to certain redemption provisions and other terms of the 2054 Notes, the interest rate resets on September 15, 2034 and each five-year anniversary thereafter, at an annual rate equal to the five-year treasury rate as of the most recent reset interest determination date plus 2.646%. Corebridge used a portion of the net proceeds of the issuance of the 2054 Notes to repay all of the $250 million aggregate principal amount outstanding under Corebridge’s Three-Year DDTL Facility, dated as of February 25, 2022, among Corebridge, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The balance of the proceeds will be used for general corporate purposes. This facility was terminated on September 12, 2024 after the final loan repayment.

Contingencies, Commitments and

Contingencies, Commitments and Guarantees	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies, Commitments and Guarantees	16. Contingencies, Commitments and Guarantees In the normal course of business, we enter into various contingent liabilities and commitments. Although we cannot currently quantify our ultimate liability for unresolved litigation and investigation matters, including those referred to below, it is possible that such liability could have a material adverse effect on our consolidated financial condition, consolidated results of operations or consolidated cash flows for an individual reporting period. LEGAL CONTINGENCIES Overview In the normal course of business, we are subject to regulatory and government investigations and actions, and litigation and other forms of dispute resolution in a large number of proceedings pending in various domestic and foreign jurisdictions. Certain of these matters involve potentially significant risk of loss due to potential for significant jury awards and settlements, punitive damages or other penalties. Many of these matters are also highly complex and may seek recovery on behalf of a class or similarly large number of plaintiffs. It is therefore inherently difficult to predict the size or scope of potential future losses arising from these matters. In our insurance and reinsurance operations, litigation and arbitration concerning the scope of coverage under insurance and reinsurance contracts, and litigation and arbitration in which our subsidiaries defend or indemnify their insureds under insurance contracts, are generally considered in the establishment of our future policy benefits. Separate and apart from the foregoing matters involving insurance and reinsurance coverage, we and our respective officers and directors are subject to a variety of additional types of legal proceedings brought by holders of our securities, customers, employees and others, alleging, among other things, breach of contractual or fiduciary duties, bad faith, indemnification and violations of federal and state statutes and regulations. With respect to these other categories of matters not arising out of claims for insurance or reinsurance coverage, we establish reserves for loss contingencies when it is probable that a loss will be incurred, and the amount of the loss can be reasonably estimated. In many instances, we are unable to determine whether a loss is probable or to reasonably estimate the amount of such a loss and, therefore, the potential future losses arising from legal proceedings may exceed the amount of liabilities that we have recorded in our financial statements covering these matters. While such potential future charges could be material, based on information currently known to management, management does not believe, other than as may be discussed below, that any such charges are likely to have a material adverse effect on our financial position or results of operations. Additionally, from time to time, various regulatory and governmental agencies review our transactions and practices in connection with industry-wide and other inquiries or examinations into, among other matters, the business practices of current and former operating subsidiaries. Such investigations, inquiries or examinations could develop into administrative, civil or criminal proceedings or enforcement actions, in which remedies could include fines, penalties, restitution or alterations in our business practices, and could result in additional expenses, limitations on certain business activities and reputational damage. Yearly Renewable Term Agreements Certain of our reinsurers have sought rate increases on certain YRT agreements. We are disputing the requested rate increases under these agreements. Certain reinsurers with whom we have disputes have initiated arbitration proceedings against us, and other reinsurers may initiate them in the future. To the extent reinsurers have sought retroactive premium increases, we have accrued our current estimate of probable loss with respect to these matters. For additional information, see Note 7. Moriarty Litigation AGL continues to defend against Moriarty v. American General Life Insurance Co. (S.D. Cal.), a putative class action involving Sections 10113.71 and 10113.72 of the California Insurance Code, which was instituted against AGL on July 18, 2017. In general, those statutes require that for life-insurance policies issued and delivered in California: (1) the policy must contain a 60-day grace period following non-payment of premium during which the policy remains in force; (2) the insurer must provide a 30-day pre-lapse notice; and (3) the insurer must notify policy owners of the right to designate a secondary recipient for lapse notices. The plaintiff contends AGL did not comply with these requirements for a policy issued before these statutes went into effect. The plaintiff seeks damages and other relief. AGL asserts various defenses to the plaintiff’s claims and to class certification. In 2022, the District Court held that a trial was necessary to determine whether AGL was liable on the plaintiff’s breach of contract claim, and it denied class certification. In May 2023, the case was reassigned to a new judge. On August 14, 2023, the District Court granted the plaintiff’s motion for summary judgment on the plaintiff’s breach of contract claim. On September 26, 2023, the District Court decided that good cause exists to allow the plaintiff to file a third motion for class certification. At the same time, however, the District Court certified its August 14, 2023 order for interlocutory appeal to the Ninth Circuit and stayed trial court proceedings pending the outcome of AGL’s appeal. The Ninth Circuit granted AGL’s petition for interlocutory appeal on November 21, 2023, which remains pending. AGL filed its opening brief on April 15, 2024. Plaintiff filed its answering brief on July 22, 2024, and AGL filed its reply on September 11, 2024. On August 13, 2024, Plaintiff filed a motion with the Ninth Circuit to certify a question regarding the interpretation of the California statute – namely, whether an insured can terminate an insurance policy without having complied with the notice and grace period requirements of the California statute. AGL opposed Plaintiff’s motion on August 23, 2024, arguing that there was no basis for certification and disagreeing with Plaintiff’s claimed issue for review. Plaintiff’s motion for certification remains pending. The Ninth Circuit has indicated that it may hold arguments in February or March 2025. AGL is also defending other actions in California involving similar issues: Allen v. Protective Life Insurance Co. and American General Life Insurance Co. (E.D. Cal.) was filed in state court on September 26, 2022. After being removed to federal court, the plaintiffs filed a motion on August 11, 2023, seeking leave to amend the complaint to add class action allegations against AGL. On November 8, 2023, the District Court issued an order that plaintiffs’ motion will be held in abeyance pending resolution of the class certification issues in Moriarty . On June 24, 2024, Protective Life and AGL filed a motion to stay the entire lawsuit (not just plaintiffs’ motion for leave to amend the complaint) pending resolution of Moriarty . On July 8, 2024, plaintiffs filed a response in opposition to the motion to stay; Chuck v. American General Life Insurance Co. (C.D. Cal.) was filed in state court on September 6, 2023, as a putative class action. After being removed to federal court, the plaintiffs filed an amended complaint on January 8, 2024, dropping the class action allegation against AGL and adding a sales agent as a defendant. On April 15, 2024, the District Court entered a scheduling order setting the case for trial on February 18, 2025. Koch Family Insurance Trust v. American General Life Insurance Co. (C.D. Cal.) was filed in state court on May 15, 2024, and removed to federal court on June 28, 2024. Wong v. American General Life Insurance Co. (C.D. Cal.) was filed in state court on July 31, 2024, and removed to federal court on September 4, 2024. People of the State of California v. American General Life Insurance Co., et al. (Cal. Superior Court, San Diego County) was filed on October 17, 2024, against AGL, Lincoln Benefit Life Co., Everlake Life Insurance Co., and Transamerica Life Insurance Co., seeking civil penalties and equitable relief under California Business & Professions Code §§ 17200 et seq. AGL had not been served as of October 24, 2024. These cases are in the early stages, and AGL expects their progress will be influenced by future developments in Moriarty and cases against other insurers involving the same insurance statutes. AGL has accrued its current estimate of probable loss with respect to these litigation matters. OTHER COMMITMENTS In the normal course of business, we enter into commitments to invest in limited partnerships, private equity funds and hedge funds and to purchase and develop real estate in the United States and abroad. These commitments totaled $3.8 billion at September 30, 2024. GUARANTEES Asset Dispositions We are subject to guarantees and indemnity arrangements in connection with the completed sales of businesses. The various arrangements may be triggered by, among other things, declines in asset values; the occurrence of specified business contingencies; the realization of contingent liabilities; developments in litigation; or breaches of representations, warranties or covenants provided by us. These arrangements are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitations. In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or are not applicable. We are unable to develop a reasonable estimate of the maximum potential payout under certain of these arrangements. Overall, we believe that it is unlikely we will have to make any material payments related to completed sales under these arrangements, and no material liabilities related to these arrangements have been recorded in the Condensed Consolidated Balance Sheets. Guarantees provided by AIG Prior to the IPO, AIG provided certain guarantees to us as described below. Pursuant to the Separation Agreement we will indemnify, defend and hold harmless AIG against or from any liability arising from or related to these guarantees. Certain of our insurance subsidiaries benefit from General Guarantee Agreements under which American Home Assurance Company (“AHAC”) or National Union Fire Insurance Company of Pittsburgh, PA (“NUFIC”) has unconditionally and irrevocably guaranteed all present and future obligations arising from certain insurance policies issued by these subsidiaries (a “Guaranteed Policy” or the “Guaranteed Policies”). AHAC and NUFIC are required to perform under the agreements if one of the insurance subsidiaries fails to make payments due under a Guaranteed Policy. These General Guarantee Agreements have all been terminated as to insurance policies issued after the date of termination. AHAC and NUFIC have not been required to perform under any of the agreements but remain contingently liable for all policyholder obligations associated with the Guaranteed Policies. We did not pay any fees under these agreements for the nine months ended September 30, 2024 or 2023. AIG Parent provides a full and unconditional guarantee of all outstanding notes and junior subordinated debentures of Corebridge Life Holdings, Inc. (“CRBGLH”). This includes: • a guarantee (the “CRBGLH External Debt Guarantee”) in connection with CRBGLH junior subordinated debentures and certain CRBGLH notes (the “CRBGLH External Debt”); and • a guarantee in connection with a sale-leaseback transaction in 2020. Pursuant to this transaction, CRBGLH issued promissory notes to AGL with maturity dates of up to five years. These promissory notes were guaranteed by AIG Parent for the benefit of AGL. We paid no fees for these guarantees during the nine months ended September 30, 2024 or 2023. On August 1, 2023, the guarantee of these promissory notes was novated from AIG Parent to Corebridge Parent. In addition to the Separation Agreement, we have entered into a guarantee reimbursement agreement with AIG Parent which provides that we will reimburse AIG Parent for the full amount of any payment made by or on behalf of AIG Parent pursuant to the CRBGLH External Debt Guarantee. We have also entered into a collateral agreement with AIG Parent which provides that in the event of: (i) a ratings downgrade of Corebridge Parent or CRBGLH long-term unsecured indebtedness below specified levels or (ii) the failure by CRBGLH to pay principal and interest on the External Debt when due, we must collateralize an amount equal to the sum of: (a) 100% of the principal amount outstanding, (b) accrued and unpaid interest and (c) 100% of the net present value of scheduled interest payments through the maturity dates of the CRBGLH External Debt. • For additional discussion on commitments and guarantees associated with VIEs, see Note 8. • For additional disclosures about derivatives, see Note 9. •

Equity

Equity	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Equity	17. Equity COMMON STOCK The following table presents a rollforward of outstanding shares : Nine Months Ended September 30, 2024 Common Stock Issued Treasury Stock Common Stock Outstanding Shares, beginning of year 648,148,737 (26,484,411) 621,664,326 Shares issued under long-term incentive compensation plans 2,041,112 1,234,028 3,275,140 Shares repurchased — (50,547,821) (50,547,821) Shares, end of period 650,189,849 (75,798,204) 574,391,645 Repurchase of Corebridge Common Stock Shares may be repurchased from time to time in the open market, through private purchases, through forward, derivative, accelerated repurchase or automatic repurchase transactions or otherwise. Certain of our share repurchases have been and may from time to time be effected through the Securities and Exchange Act of 1934, as amended (the “Exchange Act”) Rule 10b5-1 repurchase plans. On May 4, 2023, our Board of Directors authorized a $1.0 billion share repurchase program. On April 30, 2024, our Board of Directors authorized an additional $2.0 billion increase in the share repurchase amount under the share repurchase program. Under this program, Corebridge Parent may, from time to time, purchase up to $3.0 billion of Corebridge Parent common stock but is not obligated to purchase any particular number of shares. The authorization for the share repurchase program may be terminated, increased or decreased by the Board of Directors at any time. From October 1, 2024 to October 31, 2024, we repurchased approximately 5.5 million shares of Corebridge Parent common stock for an aggregate purchase price of approximately $169 million, leaving approximately $1.1 billion under the share repurchase authorizations as of October 31, 2024. RETAINED EARNINGS Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share July 30, 2024 September 16, 2024 September 30, 2024 $ 0.23 May 2, 2024 June 14, 2024 June 28, 2024 $ 0.23 February 14, 2024 March 15, 2024 March 29, 2024 $ 0.23 Dividends Declared On November 1, 2024, the Company declared a cash dividend on Corebridge Parent common stock of $0.23 per share, payable on December 31, 2024 to shareholders of record at close of business on December 17, 2024. Accumulated Other Comprehensive Income (Loss) The following table presents a rollforward of Accumulated other comprehensive income (loss): (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in our own credit risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Three Months Ended September 30, 2024 Balance, June 30, 2024, net of tax $ (53) $ (16,832) $ (773) $ 3,017 $ 125 $ 6 $ 2 $ (14,508) Change in unrealized depreciation of investments (15) 7,045 — — — — — 7,030 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (183) — — — — (183) Change in discount rates assumptions of certain liabilities — — — (1,155) — — — (1,155) Change in future policy benefits and other — (189) — — — — — (189) Change in cash flow hedges — — — — 112 — — 112 Change in foreign currency translation adjustments — — — — — 22 — 22 Change in deferred tax asset (liability) 3 (1,269) 40 251 (24) (5) — (1,004) Total other comprehensive income (loss) (12) 5,587 (143) (904) 88 17 — 4,633 Less: Noncontrolling interests — — — — — 9 — 9 Balance, September 30, 2024, net of tax $ (65) $ (11,245) $ (916) $ 2,113 $ 213 $ 14 $ 2 $ (9,884) Three Months Ended September 30, 2023 Balance, June 30, 2023, net of tax $ (19) $ (17,732) $ (480) $ 2,929 $ 147 $ (38) $ 11 $ (15,182) Change in unrealized depreciation of investments * (52) (6,398) — — — — — (6,450) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (104) — — — — (104) Change in discount rates assumptions of certain liabilities — — — 1,435 — — — 1,435 Change in future policy benefits and other (10) 183 — — — — — 173 Change in cash value hedges — — — — (17) — — (17) Change in foreign currency translation adjustments — — — — — (41) — (41) Change in deferred tax asset (liability) 13 1,157 23 (319) 3 12 — 889 Total other comprehensive income (loss) (49) (5,058) (81) 1,116 (14) (29) — (4,115) Less: Noncontrolling interests — — — — — (3) — (3) Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) Nine Months Ended September 30, 2024 Balance at December 31, 2023, net of tax $ (79) $ (14,650) $ (909) $ 2,095 $ 146 $ (63) $ 2 $ (13,458) Change in unrealized depreciation of investments 18 4,775 — — — — — 4,793 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (10) — — — — (10) Change in discount rates assumptions of certain liabilities — — — 12 — — — 12 Change in future policy benefits and other — (230) — — — — — (230) Change in cash flow hedges — — — — 84 — — 84 Change in foreign currency translation adjustments — — — — — 88 — 88 (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in our own credit risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Change in deferred tax asset (liability) (4) (1,101) 3 6 (18) (4) — (1,118) Total other comprehensive income (loss) 14 3,444 (7) 18 66 84 — 3,619 Other — (39) — — 1 — — (38) Less: Noncontrolling interests — — — — — 7 — 7 Balance, September 30, 2024, net of tax $ (65) $ (11,245) $ (916) $ 2,113 $ 213 $ 14 $ 2 $ (9,884) Nine Months Ended September 30, 2023 Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments * 41 (4,243) — — — — — (4,202) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (250) — — — — (250) Change in discount rates assumptions of certain liabilities — — — 1,468 — — — 1,468 Change in future policy benefits and other (10) 116 — — — — — 106 Change in cash value hedges — — — — (32) — — (32) Change in foreign currency translation adjustments — — — — — 24 — 24 Change in net actuarial loss — — — — — — 3 3 Change in deferred tax asset (liability) (7) 717 54 (331) 8 19 (1) 459 Total other comprehensive income (loss) 24 (3,410) (196) 1,137 (24) 43 2 (2,424) Less: Noncontrolling interests — — — — — 7 — 7 Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) The following table presents the OCI reclassification adjustments for the three and nine months ended September 30, 2024 and 2023, respectively: (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which Allowance for Credit Losses Was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in our own credit risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Three Months Ended September 30, 2024 Unrealized change arising during period $ (15) $ 6,769 $ (183) $ (1,155) $ 112 $ 22 $ — $ 5,550 Less: Reclassification adjustments included in net income — (87) — — — — — (87) Total other comprehensive income (loss), before income tax expense (benefit) (15) 6,856 (183) (1,155) 112 22 — 5,637 Less: Income tax expense (benefit) (3) 1,269 (40) (251) 24 5 — 1,004 Total other comprehensive income (loss), net of income tax expense (benefit) $ (12) $ 5,587 $ (143) $ (904) $ 88 $ 17 $ — $ 4,633 Three Months Ended September 30, 2023 Unrealized change arising during period $ (62) $ (6,223) $ (104) $ 1,435 $ (17) $ (41) $ — $ (5,012) Less: Reclassification adjustments included in net income — (8) — — — — — (8) Total other comprehensive income (loss), before income tax expense (benefit) (62) (6,215) (104) 1,435 (17) (41) — (5,004) Less: Income tax expense (benefit) (13) (1,157) (23) 319 (3) (12) — (889) Total other comprehensive income (loss), net of income tax expense (benefit) $ (49) $ (5,058) $ (81) $ 1,116 $ (14) $ (29) $ — $ (4,115) Nine Months Ended September 30, 2024 Unrealized change arising during period $ 10 $ 3,521 $ (10) $ 258 $ 84 $ 21 $ — $ 3,884 Less: Reclassification adjustments included in net income (8) (1,024) — 246 — (67) — (853) Total other comprehensive income (loss), before income tax expense (benefit) 18 4,545 (10) 12 84 88 — 4,737 Less: Income tax expense (benefit) 4 1,101 (3) (6) 18 4 — 1,118 Total other comprehensive income (loss), net of income tax expense (benefit) $ 14 $ 3,444 $ (7) $ 18 $ 66 $ 84 $ — $ 3,619 Nine Months Ended September 30, 2023 Unrealized change arising during period $ 14 $ (4,453) $ (250) $ 1,468 $ (32) $ 24 $ 3 $ (3,226) Less: Reclassification adjustments included in net income (17) (326) — — — — — (343) Total other comprehensive income (loss), before income tax expense (benefit) 31 (4,127) (250) 1,468 (32) 24 3 (2,883) Less: Income tax expense (benefit) 7 (717) (54) 331 (8) (19) 1 (459) Total other comprehensive income (loss), net of income tax expense (benefit) $ 24 $ (3,410) $ (196) $ 1,137 $ (24) $ 43 $ 2 $ (2,424) The following table presents the effect of the reclassification of significant items out of Accumulated other comprehensive income on the respective line items in the Condensed Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Condensed Consolidated Statements of Income (Loss) Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ — $ (8) $ (17) Net realized gains (losses) Total $ — $ — $ (8) $ (17) Unrealized appreciation (depreciation) of all other investments Investments $ (87) $ (8) $ (963) $ (326) Net realized gains (losses) Sale of business — — (61) — Net (gain) loss on divestitures Total $ (87) $ (8) $ (1,024) $ (326) Effect of changes in the discount rates used to measure traditional and limited-payment long duration insurance contracts Sale of business $ — $ — $ 246 $ — Net (gain) loss on divestitures Total $ — $ — $ 246 $ — Foreign Currency Translation Adjustments Sale of business $ — $ — $ (67) $ — Net (gain) loss on divestitures Total $ — $ — $ (67) $ — Total reclassifications for the period $ (87) $ (8) $ (853) $ (343) * The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table:(a) Change in fair value of MRBs attributable to changes in our own credit risk (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts and (c) Fair value of liabilities under fair value option attributable to changes in our own credit risk. NON-REDEEMABLE NONCONTROLLING INTEREST The activity in non-redeemable noncontrolling interest primarily relates to activities with consolidated investment entities. The changes in non-redeemable noncontrolling interest due to divestitures and acquisitions primarily relate to the formation and funding of new consolidated investment entities. The majority of the funding for these consolidated investment entities comes from affiliated companies of Corebridge. The changes in non-redeemable noncontrolling interest due to contributions from noncontrolling interests primarily relate to the additional capital calls related to consolidated investment entities. The changes in non-redeemable noncontrolling interest due to distributions to noncontrolling interests primarily relate to dividends or other distributions related to consolidated investment entities. The following table presents a rollforward of non-redeemable noncontrolling interest: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Beginning balance $ 816 $ 907 $ 869 $ 939 Net (loss) attributable to redeemable noncontrolling interest (3) (32) (78) (46) Other comprehensive income (loss), net of tax 9 (3) 7 7 Changes in noncontrolling interests due to divestitures and acquisitions — — 1 (19) Contributions from noncontrolling interests 10 20 63 63 Distributions to noncontrolling interests 7 (1) (24) (54) Other (5) (1) (4) — Ending balance $ 834 $ 890 $ 834 $ 890 Refer to Note 8 for additional information related to Variable Interest Entities.

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Common Share	18. Earnings Per Common Share The basic earnings per common share (“EPS”) computation is based on the weighted average number of common shares outstanding, adjusted to reflect all stock splits. The diluted EPS computation is based on those shares used in the basic EPS computation plus common shares that would have been outstanding assuming issuance of common shares for all dilutive potential common shares outstanding and adjusted to reflect all stock splits, using the treasury stock method. The following table presents the computation of basic and diluted EPS for the three and nine months ended September 30, 2024 and 2023: Three Months Ended Nine Months Ended (in millions, except per common share data) 2024 2023 2024 2023 Numerator for EPS: Net income (loss) $ (1,187) $ 2,069 $ (19) $ 2,367 Less: Net income (loss) attributable to noncontrolling interests (3) (32) (78) (46) Net income (loss) attributable to Corebridge common shareholders $ (1,184) $ 2,101 $ 59 $ 2,413 Denominator for EPS: Weighted average common shares outstanding - basic 587.1 639.0 607.5 646.8 Dilutive common shares — 2.0 1.0 1.8 Weighted average common shares outstanding - diluted 587.1 641.0 608.5 648.6 Income per common share attributable to Corebridge common shareholders Common stock - basic $ (2.02) $ 3.29 $ 0.10 $ 3.73 Common stock - diluted $ (2.02) $ 3.28 $ 0.10 $ 3.72 * Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 0.2 million and 1.0 million for the three months ended September 30, 2024 and 2023, respectively, and 0.2 million and 1.0 million for the nine months ended September 30,

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	19. Income Taxes RECENT TAX LAW CHANGES The Inflation Reduction Act of 2022 (H.R. 5376), (the “Inflation Reduction Act”) includes a 15% corporate alternative minimum tax (“CAMT”) on adjusted financial statement income for corporations with average profits over $1 billion over a three-year period and a 1% stock buyback tax. The U.S. Treasury and Internal Revenue Service (“IRS”) published proposed regulations that would address the application of CAMT on September 12, 2024. The proposed regulations are open to public comment through December 12, 2024 and certain specifics of application of the CAMT remain subject to future guidance. Our estimated CAMT liability will continue to be refined based on future guidance. BASIS OF PRESENTATION Prior to the IPO, Corebridge Parent and certain U.S. subsidiaries were included in the consolidated federal income tax return of AIG as well as certain state tax returns where AIG files on a combined or unitary basis. Following the IPO, AIG owned less than 80% interest in Corebridge, resulting in tax deconsolidation of Corebridge from the AIG Consolidated Tax Group. Under the tax law, AGC and its directly owned life insurance subsidiaries (the “AGC Group”) will not be permitted to join in the filing of a U.S. consolidated federal income tax return with our other subsidiaries (collectively, the “Non-Life Group”) for the five-year waiting period. Instead, the AGC Group is expected to file separately as members of the AGC Group consolidated U.S. federal income tax return during the five-year waiting period. Following the five-year waiting period, the AGC Group is expected to join the U.S. consolidated federal income tax return with the Non-Life Group. RECLASSIFICATION OF CERTAIN TAX EFFECTS FROM AOCI We use an item-by-item approach to release the stranded or disproportionate income tax effects in AOCI related to our available-for-sale securities. Under this approach, a portion of the disproportionate tax effects is assigned to each individual security lot at the date the amount becomes lodged. When the individual securities are sold, mature or are otherwise impaired on an other-than-temporary basis, the assigned portion of the disproportionate tax effect is reclassified from AOCI to income (loss) from operations. INTERIM TAX CALCULATION METHOD We use the estimated annual effective tax rate method in computing our interim tax provision. Certain items, including those deemed to be unusual or infrequent or that cannot be reliably estimated, are excluded from the estimated annual effective tax rate. In these cases, the actual tax expense or benefit is reported in the same period as the related item. Certain tax effects are also not reflected in the estimated annual effective tax rate, primarily reclassification of certain tax effects from AOCI and realizability of deferred tax assets, and are recorded in the period in which the change occurs. INTERIM TAX EXPENSE (BENEFIT) For the three months ended September 30, 2024, the effective tax rate on loss from operations was 25.5%. The effective tax rate on loss from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with the release of U.S. federal and state valuation allowance, and dividends received deduction. These tax benefits were partially offset by tax charges associated with reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities, state and local income taxes, and net tax adjustments related to prior year returns including interest. For the nine months ended September 30, 2024, the effective tax rate on loss from operations was 84.4%. The effective tax rate on loss from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with dividends received deduction, excess tax benefits related to share based compensation payments recorded through the income statement, adjustments to deferred tax assets, renewable energy tax credits, and reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities. These tax benefits were partially offset by the establishment of additional U.S. federal and foreign valuation allowance and tax charges associated with state and local income taxes. For the three months ended September 30, 2023, the effective tax rate on income from operations was 15.9%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with the establishment of outside basis as a result of the held-for-sale designation of Laya and AIG Life U.K., partial release of valuation allowance, dividends received deduction, tax adjustments related to prior year returns, and reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities. These tax benefits were partially offset by tax charges associated with state and local income taxes. For the nine months ended September 30, 2023, the effective tax rate on income from operations was 12.4%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax benefits associated with the establishment of outside basis as a result of the held-for-sale designation of Laya and AIG Life U.K., dividends received deduction, adjustments to deferred tax assets, reclassifications from AOCI to income from operations related to the disposal of available-for-sale securities, tax adjustments related to prior year returns, partial release of valuation allowance, and excess tax benefits related to share based compensation payments recorded through the income statement. These tax benefits were partially offset by tax charges associated with state and local income taxes. ASSESSMENT OF DEFERRED TAX ASSET VALUATION ALLOWANCE The evaluation of the recoverability of our deferred tax asset and the need for a valuation allowance requires us to weigh all positive and negative evidence to reach a conclusion that it is more likely than not that all or some portion of the deferred tax asset will not be realized. The weight given to the evidence is commensurate with the extent to which it can be objectively verified. The more negative evidence that exists, the more positive evidence is necessary and the more difficult it is to support a conclusion that a valuation allowance is not needed. As discussed above, under the tax law, the AGC Group will not be permitted to join in the filing of a U.S. consolidated federal income tax return with the Non-Life Group for the five-year waiting period following the IPO. Instead, the AGC Group is expected to file separately as members of the AGC consolidated U.S. federal income tax return during this period. Following the five-year waiting period, the AGC Group is expected to join U.S. consolidated federal income tax return with the Non-Life Group. Each separate U.S. federal tax filing group or separate U.S. tax filer is required to consider this five-year waiting period when assessing realization of their respective deferred tax assets including net operating loss and tax credit carryforwards. Our separation from AIG resulted in an “ownership change” for U.S. federal income tax purposes under Section 382 of the Code. As a result of the ownership change, a limitation has been imposed upon the utilization of our U.S. net operating loss carryforwards and certain built-in losses and deductions to offset future taxable income. Our utilization is limited to approximately $648 million per year. These limitation amounts accumulate for future use to the extent they are not utilized in a given year. Recent events, changes in target interest rates by the Board of Governors of the Federal Reserve System and significant market volatility, impacted actual and projected results of our business operations as well as our views on potential effectiveness of certain prudent and feasible tax planning strategies. In order to demonstrate the predictability and sufficiency of future taxable income necessary to support the realizability of the net operating losses and foreign tax credit carryforwards, we have considered forecasts of future income for each of our businesses, including assumptions about future macroeconomic and Corebridge-specific conditions and events, and any impact these conditions and events may have on our prudent and feasible tax planning strategies. To the extent that the valuation allowance is attributed to changes in forecast of current year taxable income, the impact is included in our estimated annualized effective tax rate. A valuation allowance related to changes in forecasts of income in future periods as well as other items not related to the current year is recorded discretely. For the three and nine months ended September 30, 2024, we recorded an increase/(decrease) in valuation allowance of $(36) million and $9 million primarily attributable to current year activity. As of September 30, 2024, the balance sheet reflects a valuation allowance of $171 million related to our tax attribute carryforwards and a portion of certain other deferred tax assets that are no longer more-likely-than-not to be realized. Estimates of future taxable income, including income generated from prudent and feasible actions and tax planning strategies, impact of settlements with taxing authorities, and any changes to interpretations and assumptions related to the impact of the Inflation Reduction Act or the Tax Act, could change in the near term, perhaps materially, which may require us to consider any potential impact to our assessment of the recoverability of the deferred tax asset. Such potential impact could be material to our consolidated financial condition or results of operations for an individual reporting period. For the three and nine months ended September 30, 2024, recent changes in market conditions, including changes in interest rates, impacted the unrealized tax capital gains and losses in the U.S. Life insurance companies’ available-for-sale securities portfolio, resulting in a deferred tax asset related to net unrealized tax capital losses. The deferred tax asset relates to the unrealized capital losses for which the carryforward period has not yet begun, and as such, when assessing its recoverability, we consider our ability and intent to hold the underlying securities to recovery. As of September 30, 2024, based on all available evidence, we concluded that a valuation allowance should be established on a portion of the deferred tax asset related to unrealized capital losses that are not more-likely-than-not to be realized. For the three and nine months ended September 30, 2024, we recorded an increase/(decrease) in valuation allowance of $(198) million and $92 million, respectively, associated with the unrealized tax capital losses in the U.S. Life insurance companies’ available-for-sale securities portfolio. As of September 30, 2024, the balance sheet reflects a valuation allowance of $1.1 billion associated with the unrealized tax capital losses in the U.S. Life Insurance Companies’ available-for-sale securities portfolio, all of which was allocated to OCI. Additionally, as of September 30, 2024, based on all available evidence, we concluded that a valuation allowance should not be established on a portion of the deferred tax asset related to realized tax capital losses. As of September 30, 2024, we released $57 million of valuation allowance associated with the realized tax capital losses from the insurance companies’ available-for-sale securities portfolio. For the nine months ended September 30, 2024, we recognized a $2 million increase in deferred tax asset valuation allowance associated with certain foreign jurisdictions. TAX EXAMINATIONS AND LITIGATION Corebridge Parent and certain U.S. subsidiaries are included in a consolidated U.S. federal income tax return with AIG through the date of IPO (short-period tax year 2022), and income tax expense is recorded, based on applicable U.S. and foreign laws. The AIG Consolidated Tax Group is currently under IRS examination for the tax years 2011 through 2019 and is continuing to engage in the appeals process for years 2007 through 2010.

Related Parties

Related Parties	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Parties	20. Related Parties RELATED PARTY TRANSACTIONS We may enter into a significant number of transactions with related parties in the normal course of business. Parties are considered to be related if one party has the ability to control or exercise significant influence over the other party in making financial or operating decisions, or if a party, directly or indirectly through one or more of its intermediaries, controls, is controlled by or is under common control with an entity. Our material transactions with related parties are described below. Related Party Transactions with AIG We have historically entered into various transactions with AIG, some of which are continuing and are described below. In addition, on September 14, 2022, we entered into a Separation Agreement with AIG, which governs the relationship between AIG and us following the IPO, including matters related to the allocation of assets and liabilities between the parties, indemnification obligations, our corporate governance, information rights for each party and consent rights of AIG with respect to certain business activities that we may undertake. On May 16, 2024, in connection with the execution of the Purchase Agreement with AIG Parent and Nippon, the Company entered into an Amendment to the Separation Agreement, by and between the Company and AIG Parent, pursuant to which the Company and AIG Parent agreed to certain changes with respect to AIG’s board designation rights and AIG’s right to consent over certain actions by the Company, as set forth in the original Separation Agreement. Additionally, on June 9, 2024, AIG Parent waived its right under the Separation Agreement to include a majority of the director candidates on each slate of candidates recommended by the Corebridge Board of Directors. For further information on the Nippon Transaction, the Separation Agreement and the amendment and waiver thereto, see Note 1. Advisory Transactions Certain of our investment management subsidiaries provide advisory, management, allocation, structuring, planning, oversight, administration and similar services (collectively, “Investment Services”) with respect to the investment portfolios of AIG. Investment Services are provided primarily pursuant to investment management, investment advisory and similar agreements (“IMAs”), under which our subsidiaries are appointed as investment manager and are authorized to manage client investment portfolios on a fully discretionary basis, subject to agreed investment guidelines. Certain of our subsidiaries are also authorized under the IMAs to retain, oversee and direct third-party investment advisers and managers for and on behalf of these AIG clients. In some cases, Investment Services are provided through the clients’ participation in private investment funds, RMBS, CLO and other pooled investment vehicles and investment products (collectively, “Funds”) sponsored or managed by us. Separately, certain of our subsidiaries provide portfolio administration and investment planning, performance evaluation and oversight services to AIG Property Casualty International, LLC (“AIGPCI”), on a non-discretionary basis, with respect to the investment portfolios of various of AIGPCI’s non-U.S. subsidiaries. In some cases, these services are directly provided to AIGPCI’s non-US subsidiaries. We offer our Funds to AIGPCI’s non-U.S. subsidiaries. Our subsidiaries earn investment management and advisory fees under the IMAs and other service agreements, as well as management fees and carried interest distributions or similar performance-based compensation under the Funds’ operating agreements, the majority of which are based on, or calibrated to approximate, the costs of providing the services. With respect to a minority of the AIG client portfolios, which relate to assets backing risks that have been transferred to third parties, our subsidiaries earn market-based fees. Management and advisory fee income for these Investment Services and related services reflected in Other income on the Condensed Consolidated Statements of Income (Loss) were $3 million and $16 million for the three and nine months ended September 30, 2024, respectively, and $8 million and $28 million for the three and nine months ended September 30, 2023, respectively. Capital Markets Agreements Historically, we received a suite of capital markets services, including securities lending, collateral management, repurchase transactions, derivatives execution and support, and operational support services, from AIG for which we pay a fee. AIG Markets, Inc. (“AIGM”) provided these services through various services agreements. The suite of capital markets services previously provided by AIGM are now provided by our consolidated subsidiary Corebridge Markets, LLC (“CRBGM”). The majority of transactions previously outstanding with AIGM were legally transferred to CRBGM as of December 31, 2023. In addition, in the ordinary course of business, we enter into over-the-counter derivative transactions with AIGM under standard ISDA Master Agreements. We previously had certain unsecured derivative transactions with AIG. On May 4, 2023, these previously unsecured derivative transactions became fully collateralized. The total expenses incurred for services provided by AIGM reflected in Net investment income - excluding Fortitude Re funds withheld assets on the Condensed Consolidated Statements of Income (Loss) were $0 million and $0 million for the three and nine months ended September 30, 2024, respectively, and $0 million and $0 million for the three and nine months ended September 30, 2023, respectively. The derivative assets, net of gross assets and gross liabilities after collateral were $1 million and $13 million as of September 30, 2024 and December 31, 2023, respectively. The derivative liabilities, net of gross assets and gross liabilities after collateral were $0 million and $0 million as of September 30, 2024 and December 31, 2023, respectively. The collateral posted to AIGM was $0 million and $0 million as of September 30, 2024 and December 31, 2023, respectively. The collateral held by us was $31 million and $377 million as of September 30, 2024 and December 31, 2023, respectively. For further details regarding derivatives, see Note 9. General Services Agreements Pursuant to the provisions of a Service and Expense Agreement (the “AIG Service and Expense Agreement”) effective February 1, 1974, as amended, we and AIG have provided various services to each other at cost, including, but not limited to, advertising, accounting, actuarial, tax, legal, data processing, claims adjustment, employee cafeteria, office space, payroll, information technology services, capital markets services, services that support financial transactions and budgeting, risk management and compliance services, human resources services, insurance, operations and other support services. On September 14, 2022, we entered into a Transition Services Agreement (the “TSA”) with AIG regarding the continued provision of services between the Company and AIG on a transitional basis. The TSA has generally replaced the AIG Service and Expense Agreement for services provided between the parties. Amounts due to AIG under these agreemen ts were $9 million and $39 million as of September 30, 2024 and December 31, 2023, respectively. Amounts due from AIG were $11 million and $38 million as of September 30, 2024 and December 31, 2023, respectively. The total service expenses incurred specific to these agreements reflected in General operating expenses on the Condensed Consolidated Statements of Income (Loss) were $12 million and $37 million f or the three and nine months ended September 30, 2024, respectively, and $34 million and $127 million for the three and nine months ended September 30, 2023, respectively. Reinsurance Transactions From time to time, AIG Life U.K. entered into various coinsurance agreements with American International Reinsurance Company, Ltd., a consolidated subsidiary of AIG (“AIRCO”) as follows: • In 2018, AIG Life U.K. ceded risks to AIRCO relating to the payment of obligations of life-contingent annuity claims in the annuitization phase of the contracts on or after June 30, 2018. • In 2019 and 2020, AIG Life U.K. ceded risks to AIRCO relating to certain whole life policies issued prior to and subsequent to July 1, 2019, respectively. Reinsurance assets related to these agreements were $67 million as of December 31, 2023. Amounts payable to AIRCO were $13 million as of December 31, 2023. Ceded premiums related to these agreements were $9 million for the nine months ended September 30, 2024, and $10 million and $28 million for the three and nine months ended September 30, 2023, respectively. Reinsurance assets and amounts payable related to these agreements were reclassified to Assets held-for-sale and Liabilities held-for-sale, respectively at December 31, 2023. On April 8, 2024, Corebridge completed the sale of AIG Life U.K. to Aviva and AIG Life U.K. terminated its reinsurance agreements with AIRCO. Guarantees Prior to the IPO, AIG provided certain guarantees to us. Pursuant to the Separation Agreement, we will indemnify, defend and hold harmless AIG against or from any liability arising from or related to such guarantees. For further details regarding guarantees previously provided by AIG, see Note 16. Tax Sharing Agreements On September 14, 2022, we entered into a tax matters agreement with AIG that governs the parties’ respective rights, responsibilities, and obligations with respect to taxes, including the allocation of current and historic tax liabilities (whether income or non-income consolidated or stand-alone) between us and AIG (the “Tax Matters Agreement”). The Tax Matters Agreement governs, among other things, procedural matters, such as filing of tax returns, tax elections, control and settlement of tax controversies and entitlement to tax refunds and tax attributes. Prior to the IPO, Corebridge and SAFG Capital LLC were included in the consolidated federal income tax return of AIG as well as certain state tax returns where AIG files on a combined or unitary basis. There were no payments to AIG in connection with the tax sharing agreements for the nine months ended September 30, 2024 and 2023. Amounts payable to AIG pursuant to the tax sharing agreements were $366 million and $371 million as of September 30, 2024 and December 31, 2023, respectively. Employee Compensation and Benefits Our employees participate in certain of AIG’s employee benefit programs. We had a payable of $1 million and $32 million as of September 30, 2024 and December 31, 2023, respectively, with respect to these programs. On September 14, 2022, we entered into an employee matters agreement with AIG (the “EMA”). The EMA allocates liabilities and responsibilities relating to employment matters, employee compensation and benefits plans and programs, and other related matters between us and AIG. The EMA generally provides that, unless otherwise specified, each party is responsible for liabilities associated with their current and former employees for purposes of compensation and benefit matters following the IPO. Repurchase of Corebridge Common Stock During the nine months ended September 30, 2024, we repurchased approximately 8.0 million shares of Corebridge Common Stock from AIG for an aggregate purchase price of approximately $200 million. Related Party Transactions with Blackstone Inc. (“Blackstone”) Investment Expense We entered into a long-term asset management relationship with Blackstone to manage a portion of our investment portfolio. The investment expense incurred were $64 million and $175 million for the three and nine months ended September 30, 2024, respectively, and $47 million and $119 million for the three and nine months ended September 30, 2023, respectively. Related Party Transactions with Variable Interest Entities In the ordinary course of business, we enter into various arrangements with VIEs, and we consolidate the VIE if we are determined to be the primary beneficiary. In certain situations, we may have a variable interest in a VIE that is consolidated by an affiliate, and in other instances, affiliates may have variable interests in a VIE that is consolidated by us. The total debt of consolidated VIEs held by affiliates was $22 million and $102 million as of September 30, 2024 and December 31, 2023, respectively. The interest expense incurred on the debt reflected in Interest expense on the Condensed Consolidated Statements of Income (Loss) were $1 million and $3 million for the three and nine months ended September 30, 2024, respectively, and $0 million and $8 million for the three and nine months ended September 30, 2023, respectively. The noncontrolling interest included in the Condensed Consolidated Balance Sheets related to the VIEs held by affiliates was $478 million and $518 million as of September 30, 2024 and December 31, 2023, respectively. The gain/(loss) attributable to noncontrolling interest of consolidated VIEs held by affiliates were $(7) million and $(46) million for the three and nine months ended September 30, 2024, respectively, and $(17) million and $(6) million for the three and nine months ended September 30, 2023, respectively. In addition to transactions with VIEs, Corebridge has entered into other structured financing arrangements supporting real estate properties and other types of assets with other AIG affiliates. These financing arrangements are reported in Other invested assets in the Condensed Consolidated Balance Sheets. Certain of these and the VIE structures above also include commitments for funding from AIG affiliates of $0.6 billion and $0.6 billion at September 30, 2024 and December 31, 2023, respectively. For additional information related to VIEs and other investments, see Notes 5 and 8.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. Accounting policies that we believe are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of: • fair value measurements of certain financial assets and liabilities; • valuation of market risk benefits (“MRBs”) related to guaranteed benefit features of variable annuity, fixed annuity and fixed index annuity products; valuation of embedded derivative liabilities for fixed index annuity and index universal life products; • valuation of future policy benefit liabilities and recognition of remeasurement gains and losses; • reinsurance assets, including the allowance for credit losses; • goodwill impairment; • allowance for credit losses primarily on loans and available-for-sale fixed maturity securities; and • income tax assets and liabilities, including recoverability of our net deferred tax asset and the predictability of future tax operating profitability of the character necessary to realize the net deferred tax asset. These accounting estimates require the use of assumptions about matters, some of which are highly uncertain at the time of estimation. To the extent actual experience differs from the assumptions used, our consolidated financial condition, results of operations and cash flows could be materially affected.
Accounting Standards Adopted During 2024 and Future Application of Accounting Standards	ACCOUNTING STANDARDS ADOPTED DURING 2024 Changes to GAAP are established by the Financial Accounting Standards Board (“FASB”) in the form of accounting standards updates (“ASU”) to the FASB Accounting Standards Codification. The Company considers the applicability and impact of all ASUs. Fair Value Measurement On June 30, 2022, the FASB issued an ASU to address diversity in practice by clarifying that a contractual sale restriction should not be considered in the measurement of the fair value of an equity security. It also requires entities with investments in equity securities subject to contractual sale restrictions to disclose certain qualitative and quantitative information about such securities. The Company adopted the standard on January 1, 2024, prospectively for entities other than investment companies. The adoption of the standard did not have a material impact to our consolidated financial statements. FUTURE APPLICATION OF ACCOUNTING STANDARDS Income Taxes In December 2023, the FASB issued an ASU to address improvements to income tax disclosures. The standard requires disaggregated information about a company’s effective tax rate reconciliation as well as information on income taxes paid. The standard is effective for public companies for annual periods beginning after December 15, 2024, with early adoption permitted. The standard will be applied on a prospective basis with the option to apply the standard retrospectively. We are assessing the impact of this standard. Segment Reporting In November 2023, the FASB issued an ASU to address improvements to reportable segment disclosures. The standard primarily requires the following disclosure on an annual and interim basis: i) significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, and ii) other segment items and description of its composition. The standard also requires current annual disclosures about a reportable segment’s profits or losses and assets to be disclosed in interim periods and the title and position of the CODM with an explanation of how the CODM uses the reported measure(s) of segment profits or losses in assessing segment performance. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The ASU is applied retrospectively to all prior periods presented. The Company does not expect the adoption of this ASU will have a material impact on its consolidated financial statements.
Segment Information	We report our results of operations consistent with the manner in which our chief operating decision maker reviews the business to assess performance and allocate resources. We report our results of operations as five reportable segments: • Individual Retirement – consists of fixed annuities, fixed index annuities and variable annuities. • Group Retirement – consists of recordkeeping, plan administrative and compliance services, financial planning and advisory solutions offered in-plan, along with proprietary and limited non-proprietary annuities, advisory and brokerage products offered out-of-plan. • Life Insurance – primary products in the United States include term life and universal life insurance. The International Life business issued individual and group life insurance in the United Kingdom and distributed private medical insurance in Ireland. On October 31, 2023 Corebridge completed the sale of Laya and on April 8, 2024 completed the sale of AIG Life U.K. • Institutional Markets – consists of stable value wrap (“SVW”) products, structured settlement and pension risk transfer (“PRT”) annuities, guaranteed investment contracts (“GICs”) and Corporate Markets products that include corporate- and bank-owned life insurance (“COLI-BOLI”), private placement variable universal life and private placement variable annuity products. • Corporate and Other – consists primarily of: – corporate expenses not attributable to our other segments; – interest expense on financial debt; – results of our consolidated investment entities; – institutional asset management business, which includes managing assets for non-consolidated affiliates; and – results of our legacy insurance lines ceded to Fortitude Re. We evaluate segment performance based on adjusted revenues and adjusted pre-tax operating income (loss) (“APTOI”). Adjusted revenues are derived by excluding certain items from total revenues. APTOI is derived by excluding certain items from income from operations before income tax. These items generally fall into one or more of the following broad categories: legacy matters having no relevance to our current businesses or operating performance; adjustments to enhance transparency to the underlying economics of transactions; and adjustments that we believe to be common to the industry. Legal entities are attributed to each segment based upon the predominance of activity in that legal entity. APTOI excludes the impact of the following items: Fortitude Re related adjustments: The modified coinsurance (“modco”) reinsurance agreements with Fortitude Re transfer the economics of the invested assets supporting the reinsurance agreements to Fortitude Re. Accordingly, the net investment income on Fortitude Re funds withheld assets and the net realized gains (losses) on Fortitude Re funds withheld assets are excluded from APTOI. Similarly, changes in the Fortitude Re funds withheld embedded derivative are also excluded from APTOI. The ongoing results associated with the reinsurance agreement with Fortitude Re have been excluded from APTOI as these are not indicative of our ongoing business operations. Investment-related adjustments: APTOI excludes “Net realized gains (losses)”, except for gains (losses) related to the disposition of real estate investments. Net realized gains (losses), except for gains (losses) related to the disposition of real estate investments, are excluded as the timing of sales on invested assets or changes in allowances depend largely on market credit cycles and can vary considerably across periods. In addition, changes in interest rates may create opportunistic scenarios to buy or sell invested assets. Our derivative results, including those used to economically hedge insurance liabilities, or those recognized as embedded derivatives at fair value, are also included in Net realized gains (losses) and are similarly excluded from APTOI except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedges or for asset replication. Earned income on such economic hedges is reclassified from Net realized gains and losses to specific APTOI line items based on the economic risk being hedged (e.g., Net investment income and Interest credited to policyholder account balances). Market Risk Benefits adjustments: Certain of our variable annuity, fixed annuity and fixed index annuity contracts contain guaranteed minimum withdrawal benefits (“GMWBs”) and/or guaranteed minimum death benefits (“GMDBs”) which are accounted for as MRBs. Changes in the fair value of these MRBs (excluding changes related to our own credit risk), including certain rider fees attributed to the MRBs, along with changes in the fair value of derivatives used to hedge MRBs are recorded through “Change in the fair value of MRBs, net” and are excluded from APTOI. Changes in the fair value of securities used to economically hedge MRBs are excluded from APTOI. Other adjustments: Other adjustments represent all other adjustments that are excluded from APTOI and includes the net pre-tax operating income (losses) from noncontrolling interests related to consolidated investment entities. The excluded adjustments include, as applicable: • restructuring and other costs related to initiatives designed to reduce operating expenses, improve efficiency and simplify our organization; • non-recurring costs associated with the implementation of non-ordinary course legal or regulatory changes or changes to accounting principles; • separation costs; • non-operating litigation reserves and settlements; • loss (gain) on extinguishment of debt, if any; • losses from the impairment of goodwill, if any; and • income and loss from divested or run-off business, if any.
Fair Value Measurements	Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are measured and classified in accordance with a fair value hierarchy consisting of three “levels” based on the observability of valuation inputs: • Level 1: Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments. • Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions about the inputs a hypothetical market participant would use to value that asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
Purchased Credit Deteriorated Securities	We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. These are referred to as purchased credit deteriorated assets. At the time of purchase an allowance is recognized for these purchased credit deteriorated assets by adding it to the purchase price to arrive at the initial amortized cost. There is no credit loss expense recognized upon acquisition of a purchased credit deteriorated asset. When determining the initial allowance for credit losses, management considers the historical performance of underlying assets and available market information as well as bond-specific structural considerations, such as credit enhancement and the priority of payment structure of the security. In addition, the process of estimating future cash flows includes, but is not limited to, the following critical inputs: • current delinquency rates; • expected default rates and the timing of such defaults; • loss severity and the timing of any recovery; and • expected prepayment speeds. Subsequent to the acquisition date, the purchased credit deteriorated assets follow the same accounting as other structured securities that are not of high credit quality.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Operations by Segment	The following table presents Corebridge’s operations by segment: (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Three Months Ended September 30, 2024 Premiums $ 36 $ 5 $ 352 $ 208 $ 17 $ — $ 618 $ 1 $ 619 Policy fees 205 113 360 50 — — 728 — 728 Net investment income (a) 1,461 478 336 568 (5) (4) 2,834 462 3,296 Net realized gains (losses) (a)(b) — — — — 53 — 53 (2,380) (2,327) Advisory fee and other income 116 88 81 6 9 — 300 — 300 Total adjusted revenues 1,818 684 1,129 832 74 (4) 4,533 (1,917) 2,616 Policyholder benefits 21 9 687 435 — — 1,152 (3) 1,149 Change in the fair value of market risk benefits, net — — — — — — — 603 603 Interest credited to policyholder account balances 744 305 84 215 — — 1,348 10 1,358 Amortization of deferred policy acquisition costs 153 21 82 4 — — 260 — 260 Non-deferrable insurance commissions 99 30 7 5 — — 141 — 141 Advisory fee expenses 38 34 1 — — — 73 — 73 General operating expenses 106 97 112 19 71 (1) 404 88 492 Interest expense — — — — 132 (5) 127 6 133 Net (gain) on divestitures — — — — — — — 1 1 Total benefits and expenses 1,161 496 973 678 203 (6) 3,505 705 4,210 Noncontrolling interests — — — — 3 — 3 Adjusted pre-tax operating income (loss) $ 657 $ 188 $ 156 $ 154 $ (126) $ 2 $ 1,031 Adjustments to: Total revenue (1,917) Total expenses 705 Noncontrolling interests (3) Income before income tax expense (benefit) $ (1,594) $ (1,594) Three Months Ended September 30, 2023 Premiums $ 29 $ 6 $ 449 $ 200 $ 19 $ — $ 703 $ (2) $ 701 Policy fees 182 102 371 47 — — 702 — 702 Net investment income (loss) (a) 1,240 504 313 408 (2) (7) 2,456 201 2,657 Net realized gains (losses) (a)(b) — — — — (5) — (5) 1,225 1,220 Advisory fee and other income 107 78 29 1 10 — 225 — 225 Total adjusted revenues 1,558 690 1,162 656 22 (7) 4,081 1,424 5,505 Policyholder benefits 29 12 673 389 — — 1,103 (1) 1,102 Change in the fair value of market risk benefits, net — — — — — — — (418) (418) Interest credited to policyholder account balances 582 298 86 165 — — 1,131 3 1,134 Amortization of deferred policy acquisition costs 150 21 95 2 — — 268 — 268 Non-deferrable insurance commissions 90 29 22 5 — — 146 — 146 Advisory fee expenses 35 29 1 — — — 65 — 65 General operating expenses 96 109 149 20 85 — 459 152 611 Interest expense — — — — 132 (4) 128 7 135 Net (gain) on divestitures — — — — — — — 1 1 Total benefits and expenses 982 498 1,026 581 217 (4) 3,300 (256) 3,044 Noncontrolling interests — — — — 32 — 32 Adjusted pre-tax operating income (loss) $ 576 $ 192 $ 136 $ 75 $ (163) $ (3) $ 813 Adjustments to: Total revenue 1,424 Total expenses (256) Noncontrolling interests (32) Income before income tax expense (benefit) $ 2,461 $ 2,461 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Nine Months Ended September 30, 2024 Premiums $ 107 $ 10 $ 1,117 $ 2,171 $ 55 $ — $ 3,460 $ 1 $ 3,461 Policy fees 596 328 1,094 145 — — 2,163 — 2,163 Net investment income (a) 4,205 1,460 984 1,544 3 (17) 8,179 1,029 9,208 Net realized gains (losses) (a)(b) — — — — 36 — 36 (3,430) (3,394) Advisory fee and other income 340 254 82 8 40 — 724 — 724 Total adjusted revenues 5,248 2,052 3,277 3,868 134 (17) 14,562 (2,400) 12,162 Policyholder benefits 90 10 2,062 2,852 — — 5,014 (9) 5,005 Change in the fair value of market risk benefits, net — — — — — — — 259 259 Interest credited to policyholder account balances 2,078 903 251 571 — — 3,803 28 3,831 Amortization of deferred policy acquisition costs 454 63 260 10 — — 787 — 787 Non-deferrable insurance commissions 283 89 42 15 1 — 430 — 430 Advisory fee expenses 111 99 2 — — — 212 — 212 General operating expenses 332 305 355 58 232 (1) 1,281 315 1,596 Interest expense — — — — 401 (15) 386 23 409 Net (gain) on divestitures — — — — — — — (245) (245) Total benefits and expenses 3,348 1,469 2,972 3,506 634 (16) 11,913 371 12,284 Noncontrolling interests — — — — 78 — 78 Adjusted pre-tax operating income (loss) $ 1,900 $ 583 $ 305 $ 362 $ (422) $ (1) $ 2,727 Adjustments to: Total revenue (2,400) Total expenses 371 Noncontrolling interests (78) Income before income tax expense (benefit) $ (122) $ (122) Nine Months Ended September 30, 2023 Premiums $ 173 $ 16 $ 1,317 $ 3,686 $ 59 $ — $ 5,251 $ (2) $ 5,249 Policy fees 528 304 1,117 145 — — 2,094 — 2,094 Net investment income (a) 3,592 1,508 957 1,147 85 (18) 7,271 795 8,066 Net realized gains (losses) (a)(b) — — — — 0 — — (558) (558) Advisory fee and other income 318 230 84 1 40 — 673 — 673 Total adjusted revenues 4,611 2,058 3,475 4,979 184 (18) 15,289 235 15,524 Policyholder benefits 165 27 2,102 4,188 (3) — 6,479 (6) 6,473 Change in the fair value of market risk benefits, net — — — — — — — (484) (484) Interest credited to policyholder account balances 1,654 883 253 421 — — 3,211 27 3,238 Amortization of deferred policy acquisition costs 425 62 289 6 — — 782 — 782 Non-deferrable insurance commissions 270 90 60 14 1 — 435 — 435 Advisory fee expenses 105 87 2 — — — 194 — 194 General operating expenses 308 334 475 64 261 — 1,442 355 1,797 Interest expense — — — — 433 (14) 419 22 441 Net (gain) on divestitures — — — — — — — (55) (55) Total benefits and expenses 2,927 1,483 3,181 4,693 692 (14) 12,962 (141) 12,821 Noncontrolling interests — — — — 46 — 46 Adjusted pre-tax operating income (loss) $ 1,684 $ 575 $ 294 $ 286 $ (462) $ (4) $ 2,373 Adjustments to: Total revenue 235 Total expenses (141) Noncontrolling interests (46) Income before income tax expense (benefit) $ 2,703 $ 2,703 (a) Adjustments include Fortitude Re activity of $(0.8) billion and $1.1 billion for the three months ended September 30, 2024 and 2023, respectively, and $(379) million and $736 million for the nine months ended September 30, 2024 and 2023, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Net Realized and Unrealized Gains and Losses Included in Income (Loss) Related to Level 3 Assets and Liabilities	The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: September 30, 2024 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ — $ 1,471 $ — $ — $ — $ 1,471 Obligations of states, municipalities and political subdivisions — 4,265 850 — — 5,115 Non-U.S. governments — 3,973 — — — 3,973 Corporate debt — 108,492 1,551 — — 110,043 RMBS (b) — 10,524 6,613 — — 17,137 CMBS — 9,569 676 — — 10,245 CLO — 9,185 2,040 — — 11,225 ABS — 1,397 17,618 — — 19,015 Total bonds available-for-sale — 148,876 29,348 — — 178,224 Other bond securities: U.S. government and government sponsored entities — — — — — — Obligations of states, municipalities and political subdivisions — 40 1 — — 41 Non-U.S. governments — 29 — — — 29 Corporate debt — 2,832 205 — — 3,037 RMBS (c) — 61 105 — — 166 CMBS — 220 14 — — 234 CLO — 426 61 — — 487 ABS — 75 1,250 — — 1,325 Total other bond securities — 3,683 1,636 — — 5,319 Equity securities 217 — 41 — — 258 Other invested assets (d) — — 1,817 — — 1,817 Derivative assets: Interest rate contracts — 3,419 343 — — 3,762 Foreign exchange contracts — 885 — — — 885 Equity contracts 9 2,935 1,407 — — 4,351 Credit contracts — 134 — — — 134 Other contracts — 1 12 — — 13 Counterparty netting and cash collateral — — — (5,611) (2,837) (8,448) Total derivative assets 9 7,374 1,762 (5,611) (2,837) 697 Short-term investments 14 502 — — — 516 Market risk benefit assets — — 1,164 — — 1,164 Separate account assets 92,943 3,425 — — — 96,368 Total $ 93,183 $ 163,860 $ 35,768 $ (5,611) $ (2,837) $ 284,363 Liabilities: Policyholder contract deposits (e) $ — $ 183 $ 10,089 $ — $ — $ 10,272 Derivative liabilities: Interest rate contracts — 3,419 — — — 3,419 Foreign exchange contracts — 583 — — — 583 Equity contracts 5 2,018 75 — — 2,098 Credit contracts — — — — — — Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (5,611) (281) (5,892) Total derivative liabilities 5 6,020 76 (5,611) (281) 209 Fortitude Re funds withheld payable (f) — — 3,341 — — 3,341 Market risk benefit liabilities — — 6,276 — — 6,276 Total $ 5 $ 6,203 $ 19,782 $ (5,611) $ (281) $ 20,098 December 31, 2023 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available-for-sale: U.S. government and government sponsored entities $ 20 $ 1,200 $ — $ — $ — $ 1,220 Obligations of states, municipalities and political subdivisions — 4,987 844 — — 5,831 Non-U.S. governments — 4,057 — — — 4,057 Corporate debt — 104,725 1,357 — — 106,082 RMBS (b) — 8,423 5,854 — — 14,277 CMBS — 9,373 608 — — 9,981 CLO — 9,301 1,843 — — 11,144 ABS — 1,029 12,906 — — 13,935 Total bonds available-for-sale 20 143,095 23,412 — — 166,527 Other bond securities: Obligations of states, municipalities and political subdivisions — 39 1 — — 40 Non-U.S. governments — 13 — — — 13 Corporate debt — 2,486 167 — — 2,653 RMBS (c) — 63 107 — — 170 CMBS — 211 17 — — 228 CLO — 354 69 — — 423 ABS — 89 962 — — 1,051 Total other bond securities — 3,255 1,323 — — 4,578 Equity securities 21 — 42 — — 63 Other invested assets (d) — — 1,850 — — 1,850 Derivative assets: Interest rate contracts — 2,498 449 — — 2,947 Foreign exchange contracts — 940 — — — 940 Equity contracts 7 1,186 824 — — 2,017 Credit contracts — 8 — — — 8 Other contracts — 1 12 — — 13 Counterparty netting and cash collateral — — — (3,646) (1,886) (5,532) Total derivative assets 7 4,633 1,285 (3,646) (1,886) 393 Short-term investments 21 1,387 — — — 1,408 Market risk benefit assets — — 912 — — 912 Separate account assets 87,813 3,192 — — — 91,005 Total (g) $ 87,882 $ 155,562 $ 28,824 $ (3,646) $ (1,886) $ 266,736 Liabilities: Policyholder contract deposits (e) $ — $ 108 $ 7,942 $ — $ — $ 8,050 Derivative liabilities: Interest rate contracts — 3,278 — — — 3,278 Foreign exchange contracts — 563 — — — 563 Equity contracts 2 680 63 — — 745 Other contracts — — 2 — — 2 Counterparty netting and cash collateral — — — (3,646) (801) (4,447) Total derivative liabilities 2 4,521 65 (3,646) (801) 141 Fortitude Re funds withheld payable (f) — — 2,182 — — 2,182 Market risk benefit liabilities — — 5,705 — — 5,705 Total $ 2 $ 4,629 $ 15,894 $ (3,646) $ (801) $ 16,078 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Includes investments in residential-backed mortgage securities (“RMBS”) issued by related parties of $— million and $— million classified as Level 2 and Level 3, respectively, as of September 30, 2024. Additionally, includes investments in RMBS issued by related parties of $36 million and $7 million classified as Level 2 and Level 3, respectively, as of December 31, 2023. (c) Includes $— million and less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of September 30, 2024 and December 31, 2023. (d) Excludes investments that are measured at fair value using the net asset value (“NAV”) per share (or its equivalent), which totaled $5.9 billion and $5.8 billion as of September 30, 2024 and December 31, 2023, respectively. (e) Excludes basis adjustments for fair value hedges. (f) As discussed in Note 7, the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s Condensed Consolidated Balance Sheets. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge, which are primarily available-for-sale securities. (g) Excludes assets that were reclassified to Assets held-for-sale in the Condensed Consolidated Balance Sheets of $167 million, as of December 31, 2023. See Note 4 in the 2023 Form 10-K for additional information . The following tables present changes during the three and nine months ended September 30, 2024 and 2023 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at September 30, 2024 and 2023: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Three Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 796 $ (1) $ 55 $ — $ — $ — $ — $ 850 $ — $ 53 Corporate debt 1,393 8 44 (46) 241 (89) — 1,551 — 46 RMBS 6,453 82 242 (20) — (144) — 6,613 — 234 CMBS 529 13 52 (27) 118 (9) — 676 — 40 CLO 1,772 34 (39) 326 10 (63) — 2,040 — (26) ABS 16,355 148 311 729 77 (2) — 17,618 — 315 Total bonds available-for-sale 27,298 284 665 962 446 (307) — 29,348 — 662 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — — — — — 1 — — Corporate debt 195 7 — — 3 — — 205 7 — RMBS 103 5 — (1) — (2) — 105 4 — CMBS 17 1 — (4) — — — 14 1 — CLO 61 (1) — 8 — (7) — 61 (1) — ABS 1,193 45 — 11 1 — — 1,250 32 — Total other bond securities 1,570 57 — 14 4 (9) — 1,636 43 — Equity securities 48 — — — — — (7) 41 — — Other invested assets 1,655 17 15 130 — — — 1,817 15 — Total (a) $ 30,571 $ 358 $ 680 $ 1,106 $ 450 $ (316) $ (7) $ 32,842 $ 58 $ 662 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 9,036 $ 953 $ — $ 100 $ — $ — $ — $ 10,089 $ (262) $ — Derivative liabilities, net: Interest rate contracts (423) 76 — (2) — — 6 (343) (76) — Equity contracts (1,023) (364) — 56 — — (1) (1,332) 305 — Other contracts (12) (15) — 15 — — 1 (11) 14 — Total derivative liabilities, net (b) (1,458) (303) — 69 — — 6 (1,686) 243 — Fortitude Re funds withheld payable 1,913 1,509 — (81) — — — 3,341 (861) — Total (c) $ 9,491 $ 2,159 $ — $ 88 $ — $ — $ 6 $ 11,744 $ (880) $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other (d) Fair Value Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 853 $ (2) $ (77) $ (12) $ — $ — $ — $ 762 $ — $ (81) Corporate debt 1,303 (3) (65) (13) 147 (185) — 1,184 — (70) RMBS 5,753 74 (66) (13) 1 (22) — 5,727 — (106) CMBS 505 5 (28) (2) 33 — — 513 — (27) CLO 1,708 24 32 (40) 2 (11) 72 1,787 — 34 ABS 11,127 41 (167) 477 551 (2) — 12,027 — (153) Total bonds available-for-sale 21,249 139 (371) 397 734 (220) 72 22,000 — (403) Other bond securities: Obligations of states, municipalities and political subdivisions 3 — — (2) — — — 1 — — Corporate debt 110 1 — 65 — — — 176 3 — RMBS 112 (4) — (2) — — — 106 (4) — CMBS 26 (2) — — — — — 24 (3) — CLO 25 5 — (3) — (2) 44 69 3 — ABS 864 (2) — (33) — — — 829 (10) — Total other bond securities 1,140 (2) — 25 — (2) 44 1,205 (11) — Equity securities 44 — — 1 1 — — 46 — — Other invested assets 1,914 (17) (13) 72 34 — — 1,990 (14) — Total (a) $ 24,347 $ 120 $ (384) $ 495 $ 769 $ (222) $ 116 $ 25,241 $ (25) $ (403) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 6,813 $ (716) $ — $ 230 $ — $ — $ — $ 6,327 $ 972 $ — Derivative liabilities, net: Interest rate contracts (328) (183) — (10) — — — (521) 150 — Equity contracts (639) 244 — (121) — — 148 (368) (148) — Other contracts (15) (16) — 15 — — — (16) 16 — Total derivative liabilities, net (b) (982) 45 — (116) — — 148 (905) 18 — Fortitude Re funds withheld payable 1,460 (1,080) — (177) — — — 203 1,061 — Debt of consolidated investment entities — — — — — — — — — — Total (c) $ 7,291 $ (1,751) $ — $ (63) $ — $ — $ 148 $ 5,625 $ 2,051 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Nine Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 844 $ (1) $ 8 $ (1) $ — $ — $ — $ 850 $ — $ 4 Corporate debt 1,357 9 47 (116) 668 (414) — 1,551 — 5 RMBS 5,854 224 218 592 21 (294) (2) 6,613 — 211 CMBS 608 11 101 (154) 245 (135) — 676 — 45 CLO 1,843 31 20 404 42 (300) — 2,040 — 20 ABS 12,906 338 474 3,318 916 (334) — 17,618 — 459 Total bonds available-for-sale 23,412 612 868 4,043 1,892 (1,477) (2) 29,348 — 744 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — — — — — 1 — — Corporate debt 167 23 — 10 5 — — 205 23 — RMBS 107 7 — (7) — (2) — 105 5 — CMBS 17 1 — (4) — — — 14 1 — CLO 69 (1) — 1 — (8) — 61 — — ABS 962 79 — 192 21 (4) — 1,250 47 — Total other bond securities 1,323 109 — 192 26 (14) — 1,636 76 — Equity securities 42 1 — 5 — — (7) 41 — — Other invested assets 1,850 (65) 4 88 — (44) (16) 1,817 (72) — Total (a) $ 26,627 $ 657 $ 872 $ 4,328 $ 1,918 $ (1,535) $ (25) $ 32,842 $ 4 $ 744 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 7,942 $ 1,677 $ — $ 470 $ — $ — $ — $ 10,089 $ (74) $ — Derivative liabilities, net: Interest rate contracts (449) (151) — (82) — — 339 (343) 234 — Equity contracts (761) (512) — (72) — — 13 (1,332) 476 — Other contracts (10) (45) — 44 — — — (11) 44 — Total derivative liabilities, net (b) (1,220) (708) — (110) — — 352 (1,686) 754 — Fortitude Re funds withheld payable 2,182 1,451 — (292) — — — 3,341 (395) — Total (c) $ 8,904 $ 2,420 $ — $ 68 $ — $ — $ 352 $ 11,744 $ 285 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 805 $ (2) $ (26) $ (15) $ — $ — $ — $ 762 $ — $ (54) Corporate debt 1,968 (95) (23) (40) 358 (968) (16) 1,184 — (52) RMBS 5,670 230 27 (195) 33 (38) — 5,727 — (41) CMBS 718 5 (69) (42) 57 (156) — 513 — (98) CLO 1,670 (21) 58 (85) 67 (165) 263 1,787 — (13) ABS 9,595 136 (1) 1,717 589 (9) — 12,027 — (36) Total bonds available-for-sale 20,426 253 (34) 1,340 1,104 (1,336) 247 22,000 — (294) Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 2 — (51) — (192) — 176 2 — RMBS 107 2 — (3) — — — 106 (1) — CMBS 28 (4) — — — — — 24 (4) — CLO 11 14 — (49) 39 (44) 98 69 3 — ABS 741 18 — 105 — (35) — 829 (4) — Total other bond securities 1,304 32 — 3 39 (271) 98 1,205 (4) — Equity securities 26 — — 26 1 (7) — 46 — — Other invested assets 1,832 (80) (6) 210 34 — — 1,990 (77) — Total (a) $ 23,588 $ 205 $ (40) $ 1,579 $ 1,178 $ (1,614) $ 345 $ 25,241 $ (81) $ (294) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value Changes in Changes in Liabilities: Policyholder contract deposits $ 5,367 $ 94 $ — $ 866 $ — $ — $ — $ 6,327 $ 296 $ — Derivative liabilities, net: Interest rate contracts (303) (68) — (150) — — — (521) 95 — Equity contracts (267) 44 — (436) — — 291 (368) (8) — Other contracts (14) (48) — 46 — — — (16) 48 — Total derivative liabilities, net (b) (584) (72) — (540) — — 291 (905) 135 — Fortitude Re funds withheld payable 1,262 (177) — (882) — — — 203 641 — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ (154) $ — $ (563) $ — $ — $ 291 $ 5,625 $ 1,072 $ — (a) Excludes MRB assets of $1.2 billion at September 30, 2024 and $978 million at September 30, 2023. Refer to Note 14 for additional information . (b) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. (c) Excludes MRB liabilities of $6.3 billion at September 30, 2024 and $4.5 billion at September 30, 2023. Refer to Note 14 for additional information . Change in the fair value of market risk benefits, net and net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities shown above are reported in the Condensed Consolidated Statements of Income (Loss) as follows: (in millions) Policy Net Investment Income (Loss) Net Realized and Unrealized Gains Change in the Fair Value of Market Risk Benefits, net (a) Total Three Months Ended September 30, 2024 Assets: Bonds available-for-sale $ — $ 239 $ 45 $ — $ 284 Other bond securities — 57 — — 57 Equity securities — — — — — Other invested assets — 14 3 — 17 Three Months Ended September 30, 2023 Assets: Bonds available-for-sale $ — $ 162 $ (23) $ — $ 139 Other bond securities — (2) — — (2) Equity securities — — — — — Other invested assets — (14) (3) — (17) Nine Months Ended September 30, 2024 Assets: Bonds available-for-sale $ — $ 598 $ 14 $ — $ 612 Other bond securities — 109 — — 109 Equity securities — 1 — — 1 Other invested assets — (70) 5 — (65) Nine Months Ended September 30, 2023 Assets: Bonds available-for-sale $ — $ 312 $ (59) $ — $ 253 Other bond securities — 32 — — 32 Equity securities — — — — — Other invested assets — (78) (2) — (80) Three Months Ended September 30, 2024 Liabilities: Policyholder contract deposits (b) $ — $ — $ (953) $ — $ (953) Derivative liabilities, net 15 — 285 3 303 Fortitude Re funds withheld payable — — (1,509) — (1,509) Market risk benefit liabilities, net (c) — — (4) (609) (613) Three Months Ended September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ 716 $ — $ 716 Derivative liabilities, net 16 — (265) 204 (45) Fortitude Re funds withheld payable — — 1,080 — 1,080 Market risk benefit liabilities, net (c) — — 1 879 880 Debt of consolidated investment entities — — — — — Nine Months Ended September 30, 2024 Liabilities: Policyholder contract deposits (b) $ — $ — $ (1,677) $ — $ (1,677) Derivative liabilities, net 44 — 724 (60) 708 Fortitude Re funds withheld payable — — (1,451) — (1,451) Market risk benefit liabilities, net (c) — — — 589 589 Nine Months Ended September 30, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (94) $ — $ (94) Derivative liabilities, net 47 — (34) 59 72 Fortitude Re funds withheld payable — — 177 — 177 Market risk benefit liabilities, net (c) — — 4 1,676 1,680 Debt of consolidated investment entities — (1) — — (1) (a) The portion of the fair value change attributable to our own credit risk is recognized in Other comprehensive income (loss) (“OCI”). (b) Primarily embedded derivatives. (c) Market risk benefit assets and liabilities have been netted in these tables for presentation purposes only. The following table presents the gross components of purchases, sales, issuances and settlements, net, shown above, for the three and nine months ended September 30, 2024 and 2023 related to Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets: (in millions) Purchases Sales Issuances Purchases, Sales, Three Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 12 $ (12) $ — $ — Corporate debt 300 (271) (75) (46) RMBS 405 (191) (234) (20) CMBS 48 (62) (13) (27) CLO 837 (151) (360) 326 ABS 1,585 (353) (503) 729 Total bonds available-for-sale 3,187 (1,040) (1,185) 962 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt — — — — RMBS — — (1) (1) CMBS — (4) — (4) CLO 8 — — 8 ABS 119 (36) (72) 11 Total other bond securities 127 (40) (73) 14 Equity securities — — — — Other invested assets 138 — (8) 130 Total assets* $ 3,452 $ (1,080) $ (1,266) $ 1,106 Liabilities: Policyholder contract deposits $ — $ 420 $ (320) $ 100 Derivative liabilities, net — — 69 69 Fortitude Re funds withheld payable — — (81) (81) Total liabilities $ — $ 420 $ (332) $ 88 (in millions) Purchases Sales Issuances Purchases, Sales, Three Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ — $ (12) Corporate debt 192 (30) (175) (13) RMBS 175 — (188) (13) CMBS — — (2) (2) CLO 18 (7) (51) (40) ABS 510 — (33) 477 Total bonds available-for-sale 895 (49) (449) 397 Other bond securities: Obligations of states, municipalities and political subdivisions — (2) — (2) Corporate debt 89 — (24) 65 RMBS — — (2) (2) CMBS — — — — CLO — — (3) (3) ABS 35 (8) (60) (33) Total other bond securities 124 (10) (89) 25 Equity securities 1 — — 1 Other invested assets 74 — (2) 72 Total assets* $ 1,094 $ (59) $ (540) $ 495 Liabilities: Policyholder contract deposits $ — $ 348 $ (118) $ 230 Derivative liabilities, net (28) — (88) (116) Fortitude Re funds withheld payable — — (177) (177) Debt of consolidated investment entities — — — — Total liabilities $ (28) $ 348 $ (383) $ (63) Nine Months Ended September 30, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 12 $ (12) $ (1) $ (1) Corporate debt 369 (279) (206) (116) RMBS 1,444 (240) (612) 592 CMBS 57 (92) (119) (154) CLO 1,057 (153) (500) 404 ABS 5,276 (456) (1,502) 3,318 Total bonds available-for-sale 8,215 (1,232) (2,940) 4,043 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 10 — — 10 RMBS — — (7) (7) CMBS — (4) — (4) CLO 17 — (16) 1 ABS 376 (36) (148) 192 Total other bond securities 403 (40) (171) 192 Equity securities 7 (2) — 5 Other invested assets 227 — (139) 88 Total assets* $ 8,852 $ (1,274) $ (3,250) $ 4,328 Liabilities: Policyholder contract deposits $ — $ 1,144 $ (674) $ 470 Derivative liabilities, net — — (110) (110) Fortitude Re funds withheld payable — — (292) (292) Total liabilities $ — $ 1,144 $ (1,076) $ 68 (in millions) Purchases Sales Issuances Purchases, Sales, Nine Months Ended September 30, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ (3) $ (15) Corporate debt 222 (30) (232) (40) RMBS 406 (42) (559) (195) CMBS 9 (27) (24) (42) CLO 100 (7) (178) (85) ABS 1,713 — 4 1,717 Total bonds available-for-sale 2,450 (118) (992) 1,340 Other bond securities: Obligations of states, municipalities and political subdivisions 3 (2) — 1 Corporate debt 156 — (207) (51) RMBS 6 — (9) (3) CMBS — — — — CLO 1 — (50) (49) ABS 148 (8) (35) 105 Total other bond securities 314 (10) (301) 3 Equity securities 26 — — 26 Other invested assets 225 — (15) 210 Total assets* $ 3,015 $ (128) $ (1,308) $ 1,579 Liabilities: Policyholder contract deposits $ — $ 1,076 $ (210) $ 866 Derivative liabilities, net (229) — (311) (540) Fortitude Re funds withheld payable — — (882) (882) Debt of consolidated investment entities — — (7) (7) Total liabilities $ (229) $ 1,076 $ (1,410) $ (563) * There were no issuances during the three and nine months ended September 30, 2024 and 2023 for invested assets.
Fair Value Measurement Inputs and Valuation Techniques	The table below presents information about the significant unobservable inputs used for recurring fair value measurements for certain Level 3 instruments, and includes only those instruments for which information about the inputs is reasonably available to us, such as data from independent third-party valuation service providers and from internal valuation models. Because input information from third parties with respect to certain Level 3 instruments (primarily CLO/ABS) may not be reasonably available to us, balances shown below may not equal total amounts reported for such Level 3 assets and liabilities: (in millions) Fair Value at September 30, 2024 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 826 Discounted cash flow Yield 4.89% - 5.30% (5.09%) Corporate debt $ 1,347 Discounted cash flow Yield 4.52% - 7.77% (6.15%) RMBS (c) $ 3,184 Discounted cash flow Prepayment Speed 4.00% - 8.98% (6.49%) Default Rate 0.65% - 2.39% (1.52%) Yield 5.13% - 6.28% (5.71%) Loss Severity 42.30% - 78.34% (60.32%) CLO (c) $ 1,984 Discounted cash flow Yield 5.65% - 6.84% (6.24%) ABS (c) $ 15,326 Discounted cash flow Yield 4.93% - 7.05% (5.99%) CMBS $ 652 Discounted cash flow Yield 4.90% - 19.64% (11.58%) Market risk benefit assets $ 1,164 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 1,792 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Fixed annuities guaranteed benefits $ 1,508 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (g) 90.00% - 97.50% NPA (h) 0.00% - 2.35% (in millions) Fair Value at September 30, 2024 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed index annuities guaranteed benefits $ 2,976 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.13% - 130.80% Utilization (g) 60.00% - 97.50% Option budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 8,905 Discounted cash flow Equity volatility 6.25% - 49.65% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.13% - 130.80% Utilization (g) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 20.50% NPA (h) 0.00% - 2.35% Index universal life $ 1,184 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.85% - 19.77% NPA (h) 0.00% - 2.35% (in millions) Fair Value at December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 821 Discounted cash flow Yield 4.97% - 5.31% (5.14%) Corporate debt $ 1,471 Discounted cash flow Yield 5.26% - 8.16% (6.71%) RMBS (c) $ 3,315 Discounted cash flow Prepayment Speed 4.31% - 9.86% (7.09%) Default Rate 0.73% - 2.52% (1.63%) Yield 6.11% - 7.40% (6.75%) Loss Severity 30.64% - 91.03% (60.83%) CLO (c) $ 1,697 Discounted cash flow Yield 6.06% - 7.81% (6.93%) ABS (c) $ 11,367 Discounted cash flow Yield 5.63% - 7.82% (6.73%) CMBS $ 565 Discounted cash flow Yield 5.49% - 17.84% (11.66%) Market risk benefit assets $ 912 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 2,174 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.16% - 28.80% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 38.25% - 160.01% Utilization (g) 80.00% - 100.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% (in millions) Fair Value at December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) Fixed annuities guaranteed benefits $ 1,111 Discounted cash flow Base lapse rate 0.20% - 15.75% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 40.26% - 168.43% Utilization (g) 90.00% - 97.50% NPA (g) 0.00% - 2.29% Fixed index annuities guaranteed benefits $ 2,420 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (g) 60.00% - 97.50% Option budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities (i) $ 6,953 Discounted cash flow Equity volatility 6.25% - 49.75% Base lapse rate 0.20% - 50.00% Dynamic lapse multiplier (e) 20.00% - 186.18% Mortality multiplier (e)(f) 24.00% - 146.00% Utilization (g) 60.00% - 97.50% Option Budget 0.00% - 6.00% Equity / interest-rate correlation 0.00% - 30.00% NPA (h) 0.00% - 2.29% Index universal life $ 989 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity Volatility 5.85% - 20.36% NPA (h) 0.00% - 2.29% (a) Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities. (b) The weighted averaging for fixed maturity securities is based on the estimated fair value of the securities. Because the valuation methodology for embedded derivatives within policyholder contract deposits and MRBs uses a range of inputs that vary at the contract level over the cash flow projection period, management believes that presenting a range, rather than weighted average, is a more meaningful representation of the unobservable inputs used in the valuation. (c) Information received from third-party valuation service providers. The ranges of the unobservable inputs for constant prepayment rate, loss severity and constant default rate relate to each of the individual underlying mortgage loans that comprise the entire portfolio of securities in the RMBS and CLO securitization vehicles and not necessarily to the securitization vehicle bonds (tranches) purchased by us. The ranges of these inputs do not directly correlate to changes in the fair values of the tranches purchased by us because there are other factors relevant to the fair values of specific tranches owned by us, including, but not limited to, purchase price, position in the waterfall, senior versus subordinated position and attachment points. (d) The Fortitude Re funds withheld payable has been excluded from the above table. As discussed in Note 7 , the Fortitude Re funds withheld payable is created through modco and funds withheld reinsurance arrangements where the investments supporting the reinsurance agreements are withheld by and continue to reside on Corebridge’s Condensed Consolidated Balance Sheets. This embedded derivative is valued as a total return swap with reference to the fair value of the invested assets held by Corebridge. Accordingly, the unobservable inputs utilized in the valuation of the embedded derivative are a component of the invested assets supporting the reinsurance agreements that are held on Corebridge’s Condensed Consolidated Balance Sheets. (e) The ranges for these inputs vary due to the different GMWB product specification and policyholder characteristics across in-force policies. Policyholder characteristics that affect these ranges include age, policy duration, and gender. (f) Mortality inputs are shown as multipliers of the 2012 Individual Annuity Mortality Basic table. (g) The partial withdrawal utilization unobservable input range shown applies only to policies with GMWB riders. (h) The NPA applied as a spread over risk-free curve for discounting. (i) The fixed index annuities embedded derivative associated with index credits related to the contracts with guaranteed product features included in policyholder contract deposits was $1.8 billion and $1.5 billion at September 30, 2024 and December 31, 2023, respectively.
Investments in Certain Entities that Calculate Net Asset Value Per Share	The following table includes information related to our investments in certain other invested assets, including private equity funds, hedge funds and other alternative investments that calculate net asset value per share (or its equivalent). For these investments, which are measured at fair value on a recurring basis, we use the net asset value per share to measure fair value: September 30, 2024 December 31, 2023 (in millions) Investment Category Includes Fair Value Using NAV Per Share (or its equivalent) Unfunded Fair Value Using NAV Per Share (or its equivalent) Unfunded Investment Category Private equity funds: Leveraged buyout Debt and/or equity investments made as part of a transaction in which assets of mature companies are acquired from the current shareholders, typically with the use of financial leverage $ 2,687 $ 1,867 $ 2,445 $ 1,755 Real estate Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities 1,033 551 1,074 540 Venture capital Early-stage, high-potential, growth companies expected to generate a return through an eventual realization event, such as an initial public offering or sale of the company 192 81 203 91 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 474 101 485 109 Mezzanine Funds that make investments in the junior debt and equity securities of leveraged companies 113 30 152 42 Other Includes distressed funds that invest in securities of 1,240 207 1,182 233 Total private equity funds 5,739 2,837 5,541 2,770 Hedge funds: Event-driven Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations 4 — 4 — Long-short Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk 162 — 161 — Macro Investments that take long and short positions in financial instruments based on a top-down view of certain economic and capital market conditions 1 — 69 — Other Includes investments held in funds that are less liquid, as well as other strategies which allow for broader allocation between public and private investments 39 — 65 — Total hedge funds 206 — 299 — Total $ 5,945 $ 2,837 $ 5,840 $ 2,770
Fair Value Option	The following table presents the gains or losses recorded related to the eligible instruments for which we elected the fair value option: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Assets: Other bond securities (a) $ 252 $ (28) $ 427 $ 101 Alternative investments (b) 90 35 199 116 Total assets 342 7 626 217 Liabilities: Policyholder contract deposits (c) (4) 6 (1) 8 Total liabilities (4) 6 (1) 8 Total gain (loss) $ 338 $ 13 $ 625 $ 225 (a) Includes certain securities supporting the funds withheld arrangements with Fortitude Re. For additional information regarding the gains and losses for Other bond securities, see Note 5. For additional information regarding the funds withheld arrangements with Fortitude Re, see Note 7 . (b) Includes certain hedge funds, private equity funds and other investment partnerships. (c) Represents GICs.
Fair Value Measurements on a Non-Recurring Basis	The following table presents assets measured at fair value on a non-recurring basis at the time of impairment and the related impairment charges recorded during the periods presented: Assets at Fair Value Impairment Charges Non-Recurring Basis Three Months Ended Nine Months Ended (in millions) Level 1 Level 2 Level 3 Total 2024 2023 2024 2023 September 30, 2024 Other investments $ — $ — $ 101 $ 101 $ 5 $ 9 $ 51 $ 9 Total $ — $ — $ 101 $ 101 $ 5 $ 9 $ 51 $ 9 December 31, 2023 Other investments $ — $ — $ 80 $ 80 Total $ — $ — $ 80 $ 80
Fair Value Information about Financial Instruments not Measured a Fair Value	The following table presents the carrying amounts and estimated fair values of our financial instruments not measured at fair value and indicates the level in the fair value hierarchy of the estimated fair value measurement based on the observability of the inputs used: Estimated Fair Value (in millions) Level 1 Level 2 Level 3 Total Carrying September 30, 2024 Assets: Mortgage and other loans receivable $ — $ 29 $ 49,588 $ 49,617 $ 51,653 Other invested assets — 277 — 277 277 Short-term investments — 4,382 — 4,382 4,382 Cash 530 — — 530 530 Other assets 13 2 — 15 14 Liabilities: Policyholder contract deposits associated with investment-type contracts — 78 143,800 143,878 148,620 Fortitude Re funds withheld payable — — 22,568 22,568 22,568 Other liabilities — 5,040 — 5,040 5,040 Short-term debt — — — — — Long-term debt — 9,632 — 9,632 9,865 Debt of consolidated investment entities — 30 2,004 2,034 2,149 Separate account liabilities - investment contracts — 92,301 — 92,301 92,301 December 31, 2023 Assets: Mortgage and other loans receivable $ — $ 30 $ 43,919 $ 43,949 $ 46,867 Other invested assets — 268 — 268 268 Short-term investments (a) — 2,928 — 2,928 2,928 Cash (b) 612 — — 612 612 Other assets 13 — — 13 13 Liabilities: Policyholder contract deposits associated with investment-type contracts — 90 130,094 130,184 140,652 Fortitude Re funds withheld payable — — 23,775 23,775 23,775 Other liabilities — 2,467 — 2,467 2,467 Short-term debt — 250 — 250 250 Long-term debt — 8,722 — 8,722 9,118 Debt of consolidated investment entities — 43 2,230 2,273 2,504 Separate account liabilities - investment contracts — 87,215 — 87,215 87,215 (a) Excludes assets that were reclassified to Assets held-for-sale in the Condensed Consolidated Balance Sheets of $11 million as of December 31, 2023. See Note 4 in the 2023 Form 10-K for additional information . (b) Excludes assets that were reclassified to Assets held-for-sale in the Condensed Consolidated Balance Sheets of $3 million as of December 31, 2023. See Note 4 in the 2023 Form 10-K for additional information.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Value of Available for Sale Securities	The following table presents the amortized cost or cost and fair value of our available-for-sale securities: (in millions) Amortized Cost or Costs (a) Allowance for Credit Losses (b) Gross Unrealized Gains (c) Gross Unrealized Losses (c) Fair Value (a) September 30, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,682 $ — $ 28 $ (239) $ 1,471 Obligations of states, municipalities and political subdivisions 5,625 — 54 (564) 5,115 Non-U.S. governments 4,534 — 54 (615) 3,973 Corporate debt 121,754 (129) 1,824 (13,406) 110,043 Mortgage-backed, asset-backed and collateralized: RMBS 16,931 (14) 787 (567) 17,137 CMBS 10,887 (16) 77 (703) 10,245 CLO 11,126 — 161 (62) 11,225 ABS 19,535 — 241 (761) 19,015 Total mortgage-backed, asset-backed and collateralized 58,479 (30) 1,266 (2,093) 57,622 Total bonds available-for-sale $ 192,074 $ (159) $ 3,226 $ (16,917) $ 178,224 December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,436 $ — $ 17 $ (233) $ 1,220 Obligations of states, municipalities and political subdivisions 6,466 — 58 (693) 5,831 Non-U.S. governments 4,695 (2) 43 (679) 4,057 Corporate debt 120,654 (71) 1,294 (15,795) 106,082 Mortgage-backed, asset-backed and collateralized: RMBS 14,491 (25) 599 (788) 14,277 CMBS 11,045 (30) 22 (1,056) 9,981 CLO 11,203 — 90 (149) 11,144 ABS 14,956 — 63 (1,084) 13,935 Total mortgage-backed, asset-backed and collateralized 51,695 (55) 774 (3,077) 49,337 Total bonds available-for-sale $ 184,946 $ (128) $ 2,186 $ (20,477) $ 166,527 (a) The table above includes available-for-sale securities issued by related parties. This includes RMBS which had a fair value of $— million and $43 million, and an amortized cost of $— million and $45 million as of September 30, 2024 and December 31, 2023, respectively. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. (c) At September 30, 2024 includes mark-to-market movement (“MTM”) relating to embedded derivatives. The following table presents a rollforward of the changes in allowance for credit losses on available-for-sale fixed maturity securities by major investment category: 2024 2023 (in millions) Structured Non-Structured Total Structured Non-Structured Total Three Months Ended September 30, Balance, beginning of period $ 38 $ 57 $ 95 $ 40 $ 50 $ 90 Additions: Securities for which allowance for credit losses were not previously recorded 5 52 57 12 47 59 Reductions: Securities sold during the period (3) — (3) (1) (3) (4) Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis (4) 32 28 3 (14) (11) Write-offs charged against the allowance (5) (11) (16) (16) (8) (24) Other (1) (1) (2) — — — Balance, end of period $ 30 $ 129 $ 159 $ 38 $ 72 $ 110 Nine Months Ended September 30, Balance, beginning of year $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 Additions: Securities for which allowance for credit losses were not previously recorded 19 83 102 27 75 102 Reductions: Securities sold during the period (18) (11) (29) (2) (30) (32) Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis 42 60 102 2 (11) (9) Write-offs charged against the allowance (68) (76) (144) (16) (83) (99) Other — — — — — — Balance, end of period $ 30 $ 129 $ 159 $ 38 $ 72 $ 110
Schedule of Unrealized Loss on Investments	The following table summarizes the fair value and gross unrealized losses on our available-for-sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position for which no allowance for credit loss has been recorded: Less Than 12 Months 12 Months or More Total (in millions) Fair Value Gross Unrealized Losses* Fair Value Gross Unrealized Losses* Fair Value Gross Unrealized Losses* September 30, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 29 $ 5 $ 740 $ 234 $ 769 $ 239 Obligations of states, municipalities and political subdivisions 343 45 3,742 519 4,085 564 Non-U.S. governments 438 88 2,641 527 3,079 615 Corporate debt 11,570 1,944 64,728 11,401 76,298 13,345 RMBS 1,076 30 5,438 523 6,514 553 CMBS 739 35 6,439 659 7,178 694 CLO 1,269 36 1,047 26 2,316 62 ABS 1,678 105 8,207 656 9,885 761 Total bonds available-for-sale $ 17,142 $ 2,288 $ 92,982 $ 14,545 $ 110,124 $ 16,833 December 31, 2023 Bonds available-for-sale: U.S. government and government sponsored entities $ 22 $ 3 $ 746 $ 230 $ 768 $ 233 Obligations of states, municipalities and political subdivisions 1,124 110 3,676 583 4,800 693 Non-U.S. governments 470 82 2,981 592 3,451 674 Corporate debt 11,338 1,760 75,045 14,009 86,383 15,769 RMBS 2,676 174 4,855 577 7,531 751 CMBS 1,840 159 6,570 886 8,410 1,045 CLO 2,992 60 3,823 89 6,815 149 ABS 2,599 110 8,138 974 10,737 1,084 Total bonds available-for-sale $ 23,061 $ 2,458 $ 105,834 $ 17,940 $ 128,895 $ 20,398 * At September 30, 2024 includes mark to market movement relating to embedded derivatives.
Fixed Maturity Securities Available for Sale by Contractual Maturity	The following table presents the amortized cost and fair value of fixed maturity securities available-for-sale by contractual maturity: Total Fixed Maturity Securities Available-for-sale (in millions) Amortized Cost, Fair Value September 30, 2024 Due in one year or less $ 2,969 $ 2,952 Due after one year through five years 23,735 23,586 Due after five years through ten years 25,146 24,303 Due after ten years 81,616 69,761 Mortgage-backed, asset-backed and collateralized 58,449 57,622 Total $ 191,915 $ 178,224
Realized Gain (Loss) on Investments	The following table presents the gross realized gains and gross realized losses from sales or maturities of our available-for-sale securities: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in millions) Gross Gross Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 25 $ (113) $ 14 $ (23) $ 40 $ (1,012) $ 98 $ (441) The following table presents the components of Net realized gains (losses): 2024 2023 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Three Months Ended September 30, Sales of fixed maturity securities $ (87) $ (1) $ (88) $ (4) $ (5) $ (9) Intent to sell — — — — — — Change in allowance for credit losses on fixed maturity securities (85) — (85) (41) (7) (48) Change in allowance for credit losses on loans (15) 2 (13) (25) (25) (50) Foreign exchange transactions, net of related hedges (354) 18 (336) 135 (20) 115 Index-Linked interest credited embedded derivatives, net of related hedges (285) — (285) 133 — 133 All other derivatives and hedge accounting* (195) 131 (64) 141 (170) (29) Sales of alternative investments and real estate investments 58 7 65 40 (1) 39 Other (12) — (12) (11) — (11) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (975) 157 (818) 368 (228) 140 Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,509) (1,509) — 1,080 1,080 Net realized gains (losses) $ (975) $ (1,352) $ (2,327) $ 368 $ 852 $ 1,220 Nine Months Ended September 30, Sales of fixed maturity securities $ (900) $ (72) $ (972) $ (275) $ (68) $ (343) Intent to sell (15) (32) (47) — — — Change in allowance for credit losses on fixed maturity securities (197) (7) (204) (84) (9) (93) Change in allowance for credit losses on loans (63) (1) (64) (107) (52) (159) Foreign exchange transactions, net of related hedges (253) 18 (235) 31 (11) 20 Index-Linked interest credited embedded derivatives, net of related hedges (367) — (367) (186) — (186) All other derivatives and hedge accounting* (72) (9) (81) 235 (199) 36 Sales of alternative investments and real estate investments 89 3 92 48 (1) 47 Other (65) — (65) (59) 2 (57) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (1,843) (100) (1,943) (397) (338) (735) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (1,451) (1,451) — 177 177 Net realized gains (losses) $ (1,843) $ (1,551) $ (3,394) $ (397) $ (161) $ (558) * Derivative activity related to hedging MRBs is recorded in Change in the fair value of MRBs, net. For additional disclosures about MRBs, see Note 14.
Fixed Maturity Securities and Equity Securities at Fair Value	The following table presents the fair value of fixed maturity securities measured at fair value, including securities in the modco agreement with Fortitude Re, based on our election of the fair value option and equity securities measured at fair value: September 30, 2024 December 31, 2023 (in millions) Fair Value Percent Fair Value Percent Fixed maturity securities: Obligations of states, municipalities and political subdivisions $ 41 1 % $ 40 1 % Non-U.S. governments 29 — 13 — Corporate debt 3,037 54 2,653 57 Mortgage-backed, asset-backed and collateralized: RMBS 166 3 170 4 CMBS 234 4 228 5 CLO 487 9 423 9 ABS 1,325 24 1,051 23 Total mortgage-backed, asset-backed and collateralized 2,212 40 1,872 41 Total fixed maturity securities 5,319 95 4,578 99 Equity securities 258 5 63 1 Total $ 5,577 100 % $ 4,641 100 %
Schedule of Other Invested Assets	The following table summarizes the carrying amounts of other invested assets: (in millions) September 30, 2024 December 31, 2023 Alternative investments (a)(b) $ 7,803 $ 7,690 Investment real estate (c) 1,690 1,932 All other investments (d) 594 635 Total $ 10,087 $ 10,257 (a) At September 30, 2024, included hedge funds of $206 million and private equity funds of $7.6 billion. At December 31, 2023, included hedge funds of $299 million and private equity funds of $7.4 billion. (b) A quarter of our hedge fund investments are in liquid funds and have been redeemed, though due to withdrawal terms they will liquidate over the next three quarters. The remaining three quarters of the portfolio consists of illiquid run-off or “side-pocket” positions whose liquidation horizons are uncertain and likely to extend beyond a year. (c) Net of accumulated depreciation of $644 million and $680 million as of September 30, 2024 and December 31, 2023, respectively. (d) Includes Corebridge’s ownership interest in Fortitude Re Bermuda, which is recorded using the measurement alternative for equity securities. Our investment in Fortitude Re Bermuda totaled $156 million and $156 million at September 30, 2024 and December 31, 2023, respectively.
Components of Net Investment Income	The following table presents the components of Net investment income: 2024 2023 (in millions) Excluding Fortitude Total Excluding Fortitude Total Three Months Ended September 30, Available-for-sale fixed maturity securities, including short-term investments $ 2,202 $ 182 $ 2,384 $ 1,976 $ 201 $ 2,177 Other fixed maturity securities 22 230 252 7 (35) (28) Equity securities 2 — 2 9 — 9 Interest on mortgage and other loans 657 47 704 529 51 580 Alternative investments* 59 60 119 (7) 25 18 Real estate 7 3 10 9 — 9 Other investments 13 1 14 25 (1) 24 Total investment income 2,962 523 3,485 2,548 241 2,789 Investment expenses 181 8 189 124 8 132 Net investment income $ 2,781 $ 515 $ 3,296 $ 2,424 $ 233 $ 2,657 Nine Months Ended September 30, Available-for-sale fixed maturity securities, including short-term investments $ 6,560 $ 560 $ 7,120 $ 5,777 $ 626 $ 6,403 Other fixed maturity securities 48 379 427 25 76 101 Equity securities 5 — 5 41 — 41 Interest on mortgage and other loans 1,829 143 1,972 1,605 150 1,755 Alternative investments* 59 119 178 72 69 141 Real estate 29 (5) 24 28 — 28 Other investments 40 1 41 36 (1) 35 Total investment income 8,570 1,197 9,767 7,584 920 8,504 Investment expenses 534 25 559 415 23 438 Net investment income $ 8,036 $ 1,172 $ 9,208 $ 7,169 $ 897 $ 8,066 * Included income from hedge funds and private equity funds. Hedge funds are recorded as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag.
Components of Unrealized Gain (Loss) on Investments	The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 7,030 $ (6,369) $ 4,721 $ (4,133) Other investments — (1) 3 11 Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ 7,030 $ (6,370) $ 4,724 $ (4,122) * Excludes net unrealized gains and losses attributable to business Held-for-sale at September 30, 2023 and December 31, 2023. The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity securities and other invested assets still held at the reporting date: 2024 2023 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Three Months Ended September 30, Net gains (losses) recognized during the period on equity securities and other investments $ 2 $ 142 $ 144 $ 9 $ 56 $ 65 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period (4) 2 (2) 26 6 32 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ 6 $ 140 $ 146 $ (17) $ 50 $ 33 Nine Months Ended September 30, Net gains (losses) recognized during the period on equity securities and other investments $ 5 $ 295 $ 300 $ 42 $ 210 $ 252 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 12 6 18 59 15 74 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (7) $ 289 $ 282 $ (17) $ 195 $ 178
Schedule of Financial Instruments Owned and Pledged as Collateral	The following table presents the fair value of securities pledged to counterparties under secured financing transactions, including repurchase agreements: (in millions) September 30, 2024 December 31, 2023 Fixed maturity securities available-for-sale $ 5,071 $ 2,655 The following table presents the fair value of securities pledged under our repurchase agreements by collateral type and by remaining contractual maturity: Remaining Contractual Maturity of the Repurchase Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total September 30, 2024 Bonds available-for-sale: Non-U.S. governments $ — $ 52 $ — $ — $ — $ 52 Corporate debt 13 4,967 39 — — 5,019 Total $ 13 $ 5,019 $ 39 $ — $ — $ 5,071 December 31, 2023 Bonds available-for-sale: Non-U.S. governments $ — $ 209 $ — $ — $ — $ 209 Corporate debt 38 2,408 — — — 2,446 Total $ 38 $ 2,617 $ — $ — $ — $ 2,655

Lending Activities (Tables)

Lending Activities (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Composition of Mortgages and Other Loans Receivable	The following table presents the composition of Mortgage and other loans receivable, net: (in millions) September 30, 2024 December 31, 2023 Commercial mortgages (a) $ 36,118 $ 34,172 Residential mortgages 11,115 8,445 Life insurance policy loans 1,742 1,746 Commercial loans, other loans and notes receivable (b) 3,446 3,202 Total mortgage and other loans receivable 52,421 47,565 Allowance for credit losses (c) (768) (698) Mortgage and other loans receivable, net $ 51,653 $ 46,867 (a) Commercial mortgages primarily represent loans for apartments, offices and retail properties, with exposures in New York and California representing the largest geographic concentrations (aggregating approximately 17% and 10%, respectively, at September 30, 2024, and 19% and 10%, respectively, at December 31, 2023). The weighted average loan-to-value ratio for NY and CA was 63% and 56% at September 30, 2024, respectively, and 61% and 55% at December 31, 2023, respectively. The debt service coverage ratio for NY and CA was 1.9X and 2.1X at September 30, 2024, respectively, and 1.9X and 2.1X at December 31, 2023, respectively. (b) There were no loans that were held for sale which are carried at lower of cost or market as of September 30, 2024 and December 31, 2023. (c) Does not include allowance for credit losses of $39 million and $58 million at September 30, 2024 and December 31, 2023, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities.
Credit Quality	The following table presents debt service coverage ratios for commercial mortgages by year of vintage*: September 30, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total >1.2X $ 2,256 $ 2,302 $ 6,744 $ 2,766 $ 1,364 $ 16,022 $ 31,454 1.00 - 1.20X 273 284 820 82 244 1,805 3,508 <1.00X — — 25 — — 1,131 1,156 Total commercial mortgages $ 2,529 $ 2,586 $ 7,589 $ 2,848 $ 1,608 $ 18,958 $ 36,118 December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total >1.2X $ 2,156 $ 6,042 $ 1,955 $ 1,252 $ 4,813 $ 11,675 $ 27,893 1.00 - 1.20X 291 1,077 1,320 312 156 2,334 5,490 <1.00X — 40 — — — 749 789 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 * The debt service coverage ratio compares a property’s net operating income to its debt service payments, including principal and interest. Our weighted average debt service coverage ratio was 1.9X at both periods ended September 30, 2024 and December 31, 2023. The debt service coverage ratios are updated when additional relevant information becomes available. The following table presents loan-to-value ratios for commercial mortgages by year of vintage*: September 30, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total Less than 65% $ 2,406 $ 2,178 $ 4,598 $ 2,147 $ 861 $ 12,358 $ 24,548 65% to 75% 123 408 2,387 411 590 3,714 7,633 76% to 80% — — — 207 — 997 1,204 Greater than 80% — — 604 83 157 1,889 2,733 Total commercial mortgages $ 2,529 $ 2,586 $ 7,589 $ 2,848 $ 1,608 $ 18,958 $ 36,118 December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total Less than 65% $ 2,088 $ 4,470 $ 2,249 $ 1,126 $ 2,676 $ 10,186 $ 22,795 65% to 75% 280 1,748 658 287 1,916 2,853 7,742 76% to 80% — 343 89 — 377 340 1,149 Greater than 80% 79 598 279 151 — 1,379 2,486 Total commercial mortgages $ 2,447 $ 7,159 $ 3,275 $ 1,564 $ 4,969 $ 14,758 $ 34,172 * The loan-to-value ratio compares the current unpaid principal balance of the loan to the estimated fair value of the underlying property collateralizing the loan. Our weighted average loan-to-value ratio was 60% at September 30, 2024 and 59% at December 31, 2023. The loan-to-value ratios have been updated within the last three months to reflect the current carrying values of the loans. We update the valuations of collateral properties by obtaining independent appraisals, generally at least once per year. The following table presents the credit quality performance indicators for commercial mortgages: (dollars in millions) Number Class Percent Apartments Offices Retail Industrial Hotel Others Total September 30, 2024 Credit Quality Performance Indicator: In good standing 594 $ 14,673 $ 8,417 $ 3,854 $ 6,514 $ 1,849 $ 443 $ 35,750 99% 90 days or less delinquent — — — — — — — — —% >90 days delinquent or in process of foreclosure (a) 4 — 188 180 — — — 368 1% Total (b) 598 $ 14,673 $ 8,605 $ 4,034 $ 6,514 $ 1,849 $ 443 $ 36,118 100% Allowance for credit losses $ 70 $ 375 $ 88 $ 82 $ 32 $ 4 $ 651 2 % December 31, 2023 Credit Quality Performance Indicator: In good standing 600 $ 13,861 $ 8,468 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,154 100% 90 days or less delinquent 1 — 18 — — — — 18 —% >90 days delinquent or in process of foreclosure — — — — — — — — —% Total (b) 601 $ 13,861 $ 8,486 $ 3,787 $ 5,908 $ 1,805 $ 325 $ 34,172 100% Allowance for credit losses $ 85 $ 340 $ 74 $ 83 $ 27 $ 5 $ 614 2 % (a) Includes $64 million of Offices loans and $20 million of Retail loans supporting the Fortitude Re Funds Withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at September 30, 2024 (b) Does not reflect allowance for credit losses. The following table presents credit quality performance indicators for residential mortgages by year of vintage: September 30, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total FICO*: 780 and greater $ 554 $ 650 $ 690 $ 2,268 $ 626 $ 808 $ 5,596 720 - 779 1,077 1,131 602 577 152 361 3,900 660 - 719 375 363 240 152 40 214 1,384 600 - 659 — 13 35 23 11 82 164 Less than 600 — 2 20 11 5 33 71 Total residential mortgages $ 2,006 $ 2,159 $ 1,587 $ 3,031 $ 834 $ 1,498 $ 11,115 December 31, 2023 (in millions) 2023 2022 2021 2020 2019 Prior Total FICO*: 780 and greater $ 514 $ 528 $ 2,280 $ 619 $ 239 $ 497 $ 4,677 720 - 779 1,121 608 558 168 99 209 2,763 660 - 719 313 256 113 40 37 120 879 600 - 659 2 20 11 8 9 51 101 Less than 600 — — 2 2 4 17 25 Total residential mortgages $ 1,950 $ 1,412 $ 2,964 $ 837 $ 388 $ 894 $ 8,445 * Fair Isaac Corporation (“FICO”) is the credit quality indicator used to evaluate consumer credit risk for residential mortgage loan borrowers and have been updated within the last twelve months. FICO scores for residential mortgage investor loans to corporate entities are those of the guarantor at time of purchase. On September 30, 2024 and December 31, 2023 residential loans direct to consumers totaled $7.9 billion and $6.7 billion, respectively.
Allowance for Credit Losses	The following table presents a rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable*: 2024 2023 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Three Months Ended September 30, Allowance, beginning of period $ 654 $ 104 $ 758 $ 621 $ 68 $ 689 Loans charged off (6) (1) (7) (1) — (1) Net charge-offs (6) (1) (7) (1) — (1) Addition to (release of) allowance for loan losses 3 14 17 61 3 64 Allowance, end of period $ 651 $ 117 $ 768 $ 681 $ 71 $ 752 Nine Months Ended September 30, Allowance, beginning of period $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 Loans charged off (6) (7) (13) (5) — (5) Net charge-offs (6) (7) (13) (5) — (5) Addition to (release of) allowance for loan losses 43 40 83 155 2 157 Allowance, end of period $ 651 $ 117 $ 768 $ 681 $ 71 $ 752 * Does not include allowance for credit losses of $39 million and $61 million at September 30, 2024 and 2023, respectively, in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Condensed Consolidated Balance Sheets.

Reinsurance (Tables)

Reinsurance (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Summary of Assets Supporting Funds Withheld Arrangements	There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: September 30, 2024 December 31, 2023 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available-for-sale $ 14,561 $ 14,561 $ 15,204 $ 15,204 Fair value through other comprehensive income Fixed maturity securities - fair value option 4,951 4,951 4,212 4,212 Fair value through net investment income Commercial mortgage loans 3,266 3,089 3,378 3,157 Amortized cost Real estate investments 207 296 184 329 Amortized cost Private equity funds/hedge funds 1,901 1,901 1,910 1,910 Fair value through net investment income Policy loans 318 318 330 330 Amortized cost Short-term Investments 195 195 129 129 Fair value through net investment income Funds withheld investment assets 25,399 25,311 25,347 25,271 Derivative assets, net (a) — — 45 45 Fair value through realized gains (losses) Other (b) 598 598 641 641 Amortized cost Total $ 25,997 $ 25,909 $ 26,033 $ 25,957 (a) The derivative assets and liabilities have been presented net of cash collateral. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $— million and $157 million, respectively, as of September 30, 2024. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $62 million and $6 million, respectively, as of December 31, 2023. These derivative assets and liabilities are fully collateralized either by cash or securities. (b) Primarily comprised of Cash and Accrued investment income. The impact of the funds withheld arrangements with Fortitude Re was as follows: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Net investment income - Fortitude Re funds withheld assets $ 515 $ 233 $ 1,172 $ 897 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets 157 (228) (100) (338) Net realized gains (losses) Fortitude Re funds withheld embedded derivatives (1,509) 1,080 (1,451) 177 Net realized losses on Fortitude Re funds withheld assets (1,352) 852 (1,551) (161) Income (loss) before income tax expense (benefit) (837) 1,085 (379) 736 Income tax expense (benefit)* (176) 228 (80) 155 Net income (loss) (661) 857 (299) 581 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale* 636 (820) 304 (534) Comprehensive income (loss) $ (25) $ 37 $ 5 $ 47 * The income tax expense (benefit) and the tax impact in OCI was computed using the U.S. statutory tax rate of 21%.
Reinsurance Recoverable Allowance	The following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Balance, beginning of period $ 12 $ 66 $ 30 $ 84 Current period provision for expected credit losses and disputes — 4 (8) (14) Write-offs charged against the allowance for credit losses and disputes — — (10) — Balance, end of period $ 12 $ 70 $ 12 $ 70

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles Total September 30, 2024 Assets: Bonds available-for-sale $ 37 $ — $ 37 Other bond securities 44 — 44 Equity securities 4 — 4 Mortgage and other loans receivable — 1,939 1,939 Other invested assets Alternative investments (a) 2,576 — 2,576 Investment real estate 1,222 — 1,222 Short-term investments 211 1 212 Cash 53 — 53 Accrued investment income 2 5 7 Other assets 74 — 74 Total assets (b) $ 4,223 $ 1,945 $ 6,168 Liabilities: Debt of consolidated investment entities $ 884 $ 994 $ 1,878 Other liabilities 72 — 72 Total liabilities $ 956 $ 994 $ 1,950 December 31, 2023 Assets: Bonds available-for-sale $ 36 $ 76 $ 112 Other bond securities 45 — 45 Equity securities 8 — 8 Mortgage and other loans receivable — 1,941 1,941 Other invested assets Alternative investments (a) 2,695 — 2,695 Investment real estate 1,488 — 1,488 Short-term investments 125 5 130 Cash 61 — 61 Accrued investment income 2 5 7 Other assets 93 2 95 Total assets (b) $ 4,553 $ 2,029 $ 6,582 Liabilities: Debt of consolidated investment entities $ 1,117 $ 1,149 $ 2,266 Other liabilities 82 1 83 Total liabilities $ 1,199 $ 1,150 $ 2,349 (a) Composed primarily of investments in real estate joint ventures at September 30, 2024 and December 31, 2023. (b) The assets of each VIE can be used only to settle specific obligations of that VIE. (c) Off-balance-sheet exposure primarily consisting of commitments by insurance operations and affiliates into real estate and investment entities. At September 30, 2024 and December 31, 2023, the Company had commitments to internal parties of $0.7 billion and $1.2 billion and commitments to external parties of $0.4 billion and $0.4 billion, respectively. The following table presents the revenue, net income (loss) attributable to noncontrolling interests and net income (loss) attributable to Corebridge associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Statements of Income (Loss): Real Estate and Securitization Investment and Repackaging (in millions) Entities Vehicles Total Three Months Ended September 30, 2024 Total revenue $ 59 $ 19 $ 78 Net (loss) attributable to noncontrolling interests $ (3) $ — $ (3) Net income attributable to Corebridge $ 45 $ 13 $ 58 Three Months Ended September 30, 2023 Total revenue $ (21) $ 18 $ (3) Net (loss) attributable to noncontrolling interests $ (32) $ — $ (32) Net income (loss) attributable to Corebridge $ (5) $ 12 $ 7 Nine Months Ended September 30, 2024 Total revenue $ 2 $ 54 $ 56 Net (loss) attributable to noncontrolling interests $ (78) $ — $ (78) Net income attributable to Corebridge $ 24 $ 31 $ 55 Nine Months Ended September 30, 2023 Total revenue $ 48 $ 95 $ 143 Net (loss) attributable to noncontrolling interests $ (46) $ — $ (46) Net income attributable to Corebridge $ 47 $ 66 $ 113 The following table presents total assets of unconsolidated VIEs in which we hold a variable interest, as well as our maximum exposure to loss associated with these VIEs: Maximum Exposure to Loss (in millions) Total VIE On-Balance Sheet (b) Off-Balance Sheet (c) Total September 30, 2024 Real estate and investment entities (a) $ 437,913 $ 5,754 $ 2,819 $ 8,573 Total $ 437,913 $ 5,754 $ 2,819 $ 8,573 December 31, 2023 Real estate and investment entities (a) $ 398,978 $ 5,532 $ 2,870 $ 8,402 Total $ 398,978 $ 5,532 $ 2,870 $ 8,402 (a) Composed primarily of hedge funds and private equity funds. (b) At September 30, 2024 and December 31, 2023, $5.7 billion and $5.5 billion, respectively, of our total unconsolidated VIE assets were recorded as other invested assets. (c) These amounts represent our unfunded commitments to invest in private equity funds and hedge funds.

Derivatives and Hedge Account_2

Derivatives and Hedge Accounting (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condensed Consolidated Balance Sheets: September 30, 2024 December 31, 2023 Gross Derivative Gross Derivative Liabilities Gross Derivative Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Interest rate contracts $ 8,479 $ 394 $ 2,313 $ 26 $ 2,213 $ 238 $ 833 $ 18 Foreign exchange contracts 3,075 340 5,040 140 2,918 354 4,829 164 Derivatives not designated as hedging instruments: (a) Interest rate contracts 54,165 3,368 39,630 3,393 41,056 2,709 41,225 3,260 Foreign exchange contracts 6,537 545 9,422 443 6,260 586 7,878 399 Equity contracts 52,919 4,351 20,563 2,098 76,561 2,017 14,144 745 Credit contracts (b) 3,005 134 5 — 305 8 5 — Other contracts (c) 44,434 13 55 1 44,640 13 47 2 Total derivatives, gross $ 172,614 $ 9,145 $ 77,028 $ 6,101 $ 173,953 $ 5,925 $ 68,961 $ 4,588 Counterparty netting (d) (5,611) (5,611) (3,646) (3,646) Cash collateral (e) (2,837) (281) (1,886) (801) Total derivatives on Condensed Consolidated Balance Sheets (f) $ 697 $ 209 $ 393 $ 141 (a) Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral. (b) Includes written credit default swaps linked to certain actively traded indices. In the case of a credit event, the maximum future payment is limited to the constituent’s representation within the index. (c) Consists primarily of stable value wraps and contracts with multiple underlying exposures. (d) Represents netting of derivative exposures covered by a qualifying master netting agreement. (e) Represents cash collateral posted and received that is eligible for netting. (f) Freestanding derivatives only, excludes embedded derivatives. Derivative instrument assets and liabilities are recorded in Other assets and Other liabilities, respectively. The fair value of assets related to bifurcated embedded derivatives were both zero at September 30, 2024 and December 31, 2023. The fair value of liabilities related to bifurcated embedded derivatives was $13.6 billion and $10.2 billion at September 30, 2024 and December 31, 2023, respectively. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets. Embedded derivatives are primarily related to guarantee features in fixed index annuities, index universal life contracts and bonds available-for-sale, which include equity and interest rate components and the funds withheld arrangement with Fortitude Re. For additional information, see Note 7. The following table presents the gross notional amounts of our derivatives and the fair value of derivative assets and liabilities with related parties and third parties: September 30, 2024 December 31, 2023 Gross Derivative Gross Derivative Gross Derivative Gross Derivative (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Total derivatives with related parties $ 2,161 $ 32 $ — $ — $ 53,163 $ 622 $ 5,720 $ 232 Total derivatives with third parties 170,453 9,113 77,028 6,101 120,790 5,303 63,241 4,356 Total derivatives, gross $ 172,614 $ 9,145 $ 77,028 $ 6,101 $ 173,953 $ 5,925 $ 68,961 $ 4,588 As of September 30, 2024 and December 31, 2023, the following amounts were recorded on the Condensed Consolidated Balance Sheets related to the carrying amount of the hedged assets (liabilities) and cumulative basis adjustments included in the carrying amount for fair value hedges: September 30, 2024 December 31, 2023 (in millions) Carrying Cumulative Amount of Carrying Cumulative Amount of Balance sheet line item in which hedged item is recorded: Fixed maturities, available-for-sale, at fair value $ 7,250 $ — $ 7,412 $ — Commercial mortgage and other loans (a) — (23) — (24) Policyholder contract deposits (b) (7,842) (96) (4,756) (31) (a) This relates to hedge accounting that has been discontinued, but the respective loans are still held. The cumulative adjustment is being amortized into earnings over the remaining life of the loan. (b) This relates to fair value hedges on GICs. The following table presents the gain (loss) recognized in earnings on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Three Months Ended September 30, 2024 Interest rate contracts: Interest credited to policyholder account balances $ 137 $ — $ (140) $ (3) Foreign exchange contracts: Realized gains (losses) $ (327) $ 99 $ 327 $ 99 Three Months Ended September 30, 2023 Interest rate contracts: Interest credited to policyholder account balances $ (57) $ — $ 54 $ (3) Foreign exchange contracts: Realized gains (losses) $ 226 $ (124) $ (226) $ (124) Nine Months Ended September 30, 2024 Interest rate contracts: Interest credited to policyholder account balances $ 68 $ — $ (71) $ (3) Foreign exchange contracts: Realized gains (losses) $ (158) $ 141 $ 158 $ 141 Nine Months Ended September 30, 2023 Interest rate contracts: Interest credited to policyholder account balances $ (14) $ — $ 3 $ (11) Foreign exchange contracts: Realized gains (losses) $ 64 $ (15) $ (64) $ (15) (a) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are included in the assessment of hedge effectiveness. (b) Includes gains and losses with related parties for the three and nine months ended September 30, 2024 and 2023. (c) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are excluded from the assessment of hedge effectiveness and recognized in earnings on a mark-to-market basis. The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Earnings Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 By Derivative Type: Interest rate contracts $ 136 $ (618) $ (228) $ (734) Foreign exchange contracts (282) 268 (118) 78 Equity contracts 476 (459) 679 (507) Credit contracts 34 — 60 — Other contracts 11 25 42 50 Embedded derivatives (976) 718 (1,813) (101) Fortitude Re funds withheld embedded derivative (1,509) 1,080 (1,451) 177 Total (a) $ (2,110) $ 1,014 $ (2,829) $ (1,037) By Classification: Policy fees $ 17 $ 16 $ 46 $ 48 Net investment income (loss) - Fortitude Re funds withheld assets (8) 1 3 (1) Net realized gains (losses) - excluding Fortitude Re funds withheld assets (b) (735) 538 (566) 133 Net realized gains (losses) on Fortitude Re funds withheld assets 119 (155) (13) (197) Net realized gains (losses) on Fortitude Re funds withheld embedded derivatives (1,509) 1,080 (1,451) 177 Policyholder benefits — (5) — (5) Change in the Fair value of market risk benefits (c) 6 (461) (848) (1,192) Total (a) $ (2,110) $ 1,014 $ (2,829) $ (1,037) (a) Includes gains (losses) with related parties of $(14) million and $(744) million for the three months ended September 30, 2024 and 2023, respectively, and $22 million and $(984) million for the nine months ended September 30, 2024 and 2023, respectively. (b) Includes a $5 million gain related to the sale of AIG Life U.K. reported in net (gain) loss on divestitures for the nine months ended September 30, 2024. For further details on this transaction, see Note 1. (c)

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	The following table presents a rollforward of deferred policy acquisition costs and value of business acquired related to long-duration contracts for the nine months ended September 30, 2024 and 2023: Individual Group Life Institutional Total (in millions) DAC: Balance at January 1, 2024 (a) $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Capitalization 606 60 317 32 1,015 Amortization expense (453) (62) (259) (10) (784) Other, including foreign exchange — — (7) — (7) Dispositions — — (27) — (27) Balance at September 30, 2024 $ 4,930 $ 1,053 $ 4,116 $ 92 $ 10,191 Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 519 55 341 22 937 Amortization expense (424) (62) (282) (6) (774) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (684) — (684) Balance at September 30, 2023 $ 4,738 $ 1,053 $ 4,098 $ 67 $ 9,956 VOBA: Balance at January 1, 2024 (b) $ 2 $ 1 $ 14 $ — $ 17 Amortization expense (1) (1) (1) — (3) Other, including foreign exchange — — (1) — (1) Balance at September 30, 2024 $ 1 $ — $ 12 $ — $ 13 Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 5 — 5 Reclassified to Assets held-for-sale — — (71) — (71) Balance at September 30, 2023 $ 2 $ 1 $ 14 $ — $ 17 Total DAC and VOBA: Balance at September 30, 2024 $ 10,204 Balance at September 30, 2023 $ 9,973 (a) Excludes $740 million of DAC reclassified to Assets held-for-sale at the beginning of the period and was derecognized concurrent with the closing of the sale of AIG Life U.K. (b) Excludes $74 million of VOBA reclassified to Assets held-for-sale at the beginning of the period and was derecognized concurrent with the closing of the sale of AIG Life U.K. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 Capitalization 4 1 5 5 — 5 Amortization expense (38) (10) (48) (41) (10) (51) Balance, end of period $ 299 $ 155 $ 454 $ 345 $ 167 $ 512 Other reconciling items* 1,785 1,302 Other assets, including restricted cash $ 2,239 $ 1,814 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Separate Account Assets and L_2

Separate Account Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Fair Value of Separate Account Investment Options	The following table presents fair value of separate account investment options: Individual Retirement Group Retirement Life Institutional Total (in millions) September 30, 2024 Equity funds $ 27,353 $ 30,785 $ 945 $ 683 $ 59,766 Bond funds 4,187 3,233 46 1,305 8,771 Balanced funds 18,066 5,831 56 2,143 26,096 Money market funds 705 825 17 188 1,735 Total $ 50,311 $ 40,674 $ 1,064 $ 4,319 $ 96,368 December 31, 2023 Equity funds $ 25,451 $ 28,675 $ 819 $ 593 $ 55,538 Bond funds 4,037 3,292 44 1,303 8,676 Balanced funds 17,711 5,479 53 1,923 25,166 Money market funds 694 742 16 173 1,625 Total $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005
Balances and Changes in Separate Account Liabilities	The following table presents the balances and changes in separate account liabilities: Individual Retirement Group Life Institutional Total (in millions) Nine Months Ended September 30, 2024 Separate accounts balance, beginning of year $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Premiums and deposits 973 1,063 26 93 2,155 Policy charges (863) (353) (36) (72) (1,324) Surrenders and withdrawals (3,872) (3,238) (24) (58) (7,192) Benefit payments (721) (444) (9) (16) (1,190) Investment performance 6,841 5,718 179 355 13,093 Net transfers from (to) general account and other 60 (260) (4) 25 (179) Separate accounts balance, end of period $ 50,311 $ 40,674 $ 1,064 $ 4,319 $ 96,368 Cash surrender value * $ 49,399 $ 40,467 $ 1,043 $ 4,313 $ 95,222 Nine Months Ended September 30, 2023 Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 1,124 1,033 27 40 2,224 Policy charges (964) (333) (37) (69) (1,403) Surrenders and withdrawals (2,728) (2,205) (19) (503) (5,455) Benefit payments (640) (374) (5) (61) (1,080) Investment performance 2,470 2,806 85 160 5,521 Net transfers from (to) general account and other 173 (122) (2) 15 64 Separate accounts balance, end of period $ 44,613 $ 35,166 $ 848 $ 4,097 $ 84,724 Cash surrender value * $ 43,566 $ 34,980 $ 828 $ 4,100 $ 83,474 * The cash surrender value represents the amount of the contract holder’s account balance distributable at the balance sheet date less applicable surrender charges.

Future Policy Benefits (Tables)

Future Policy Benefits (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Liability for Future Policy Benefits	The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Condensed Consolidated Balance Sheets: Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Nine Months Ended September 30, 2024 Present value of expected net premiums Balance, beginning of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 Effect of changes in discount rate assumptions (AOCI) — — 1,482 — 44 1,526 Reclassified to Liabilities held-for-sale — — 4,287 — — 4,287 Beginning balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in cash flow assumptions — — (57) — (11) (68) Effect of actual variances from expected experience — — 4 — (7) (3) Adjusted beginning of year balance — — 14,095 — 999 15,094 Issuances — — 733 — — 733 Interest accrual — — 288 — 32 320 Net premium collected — — (888) — (86) (974) Foreign exchange impact — — (46) — — (46) Other — — — — — — Dispositions — — (5,108) — — (5,108) Ending balance at original discount rate — — 9,074 — 945 10,019 Effect of changes in discount rate assumptions (AOCI) — — (463) — (28) (491) Balance, end of period $ — $ — $ 8,611 $ — $ 917 $ 9,528 Present value of expected future policy benefits Balance, beginning of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Effect of changes in discount rate assumptions (AOCI) 132 (3) 2,745 1,906 437 5,217 Reclassified to Liabilities held-for-sale — — 5,119 — — 5,119 Beginning balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 Effect of changes in cash flow assumptions (a) — — (24) (41) (39) (104) Effect of actual variances from expected experience (a) (27) (2) 15 (8) (19) (41) Adjusted beginning of year balance 1,458 212 25,386 20,339 21,033 68,428 Issuances 92 10 721 2,105 5 2,933 Interest accrual 50 9 635 665 753 2,112 Benefit payments (105) (18) (1,204) (907) (1,099) (3,333) Foreign exchange impact — — (61) 503 — 442 Other — (5) 2 — (7) (10) Dispositions — — (6,796) — — (6,796) Ending balance at original discount rate 1,495 208 18,683 22,705 20,685 63,776 Effect of changes in discount rate assumptions (AOCI) (108) 5 (825) (2,260) (324) (3,512) Balance, end of period $ 1,387 $ 213 $ 17,858 $ 20,445 $ 20,361 $ 60,264 Net liability for future policy benefits, end of period 1,387 213 9,247 20,445 19,444 50,736 Liability for future policy benefits for certain participating contracts — — 12 — 1,270 1,282 Liability for universal life policies (b) — — 4,170 — 55 4,225 Deferred profit liability 59 11 22 1,673 832 2,597 Other reconciling items (c) 34 — 449 — 93 576 Future policy benefits for life and accident and health insurance contracts 1,480 224 13,900 22,118 21,694 59,416 Less: Reinsurance recoverable: (5) — (678) (41) (21,694) (22,418) Net liability for future policy benefits after reinsurance recoverable $ 1,475 $ 224 $ 13,222 $ 22,077 $ — $ 36,998 Weighted average liability duration of the liability for future policy benefits (d) 7.7 6.7 11.1 11.9 11.2 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Nine Months Ended September 30, 2023 Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — 34 — 21 55 Effect of actual variances from expected experience — — 36 — 16 52 Adjusted beginning of year balance — — 13,596 — 1,094 14,690 Issuances — — 986 — — 986 Interest accrual — — 325 — 34 359 Net premium collected — — (1,093) — (90) (1,183) Foreign exchange impact — — 44 — — 44 Other — — 11 — (3) 8 Ending balance at original discount rate — — 13,869 — 1,035 14,904 Effect of changes in discount rate assumptions (AOCI) — — (2,199) — (95) (2,294) Reclassified to Liabilities held-for-sale (3,784) (3,784) Balance, end of period $ — $ — $ 7,886 $ — $ 940 $ 8,826 Present value of expected future policy benefits Balance, beginning of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Effect of changes in discount rate assumptions (AOCI) 167 2 3,424 2,634 1,083 7,310 Beginning balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in cash flow assumptions (a) — — 62 — 76 138 Effect of actual variances from expected experience (a) (1) (1) 85 21 (10) 94 Adjusted beginning of year balance 1,389 212 24,750 15,119 21,578 63,048 Issuances 141 16 978 3,503 4 4,642 Interest accrual 38 8 679 478 770 1,973 Benefit payments (95) (20) (1,461) (810) (1,121) (3,507) Foreign exchange impact — — 54 48 — 102 Other — — 8 — (18) (10) Ending balance at original discount rate 1,473 216 25,008 18,338 21,213 66,248 Effect of changes in discount rate assumptions (AOCI) (217) (9) (4,397) (3,512) (2,214) (10,349) Reclassified to Liabilities held-for-sale — — (4,352) — — (4,352) Balance, end of period $ 1,256 $ 207 $ 16,259 $ 14,826 $ 18,999 $ 51,547 Net liability for future policy benefits, end of period 1,256 207 8,373 14,826 18,059 42,721 Liability for future policy benefits for certain participating contracts — — 13 — 1,308 1,321 Liability for universal life policies (b) — — 3,223 — 55 3,278 Deferred profit liability 80 9 18 1,428 865 2,400 Other reconciling items (c) 34 — 508 — 93 635 Future policy benefits for life and accident and health insurance contracts 1,370 216 12,135 16,254 20,380 50,355 Less: Reinsurance recoverable: (4) — (700) (37) (20,380) (21,121) Net liability for future policy benefits after reinsurance recoverable $ 1,366 $ 216 $ 11,435 $ 16,217 $ — $ 29,234 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.4 6.6 11.9 10.9 10.8 (a) Effect of changes in cash flow assumptions and variances from actual experience are partially offset by changes in the deferred profit liability. (b) Additional details can be found in the table that presents the balances and changes in the liability for universal life policies. (c) Other reconciling items primarily include the Accident and Health as well as Group Benefits (short-duration) contracts. (d) The weighted average liability durations are calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates and current discount rate, which can be found in the table below. (e) Includes balances that were reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Individual Retirement Undiscounted expected future benefits and expense $ 2,139 $ 2,119 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 306 $ 315 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Life Insurance (a) Undiscounted expected future benefits and expense $ 31,018 $ 39,763 Undiscounted expected future gross premiums $ 21,763 $ 29,789 Discounted expected future gross premiums (at current discount rate) $ 14,899 $ 18,596 Institutional Markets Undiscounted expected future benefits and expense $ 43,864 $ 33,025 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Corporate and other (b) Undiscounted expected future benefits and expense $ 41,994 $ 43,250 Undiscounted expected future gross premiums $ 2,016 $ 2,141 Discounted expected future gross premiums (at current discount rate) $ 1,385 $ 1,372 (a) 2023 includes balances related to AIG Life U.K. that have been reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets at September 30, 2023. (b) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Nine Months Ended September 30, Nine Months Ended September 30, (in millions) 2024 2023 2024 2023 Individual Retirement $ 102 $ 164 $ 50 $ 38 Group Retirement 10 16 9 8 Life Insurance 1,537 1,781 347 354 Institutional Markets 2,200 3,709 665 478 Corporate and Other 154 161 721 736 Total $ 4,003 $ 5,831 $ 1,792 $ 1,614 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other September 30, 2024 Weighted-average interest rate, original discount rate 3.75 % 5.17 % 4.69 % 4.29 % 4.85 % Weighted-average interest rate, current discount rate 4.89 % 4.81 % 5.04 % 5.15 % 5.04 % September 30, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.14 % 3.97 % 4.87 % Weighted-average interest rate, current discount rate * 5.92 % 5.90 % 5.92 % 5.87 % 5.94 % * Weighted-average interest rates for Life Insurance include balances that have been reclassified to Liabilities held-for-sale. The following table presents the balances and changes in the liability for universal life policies: Nine Months Ended September 30, 2024 2023 Life Corporate and Other Total Life Corporate and Other Total (in millions, except duration of liability) Balance, beginning of year $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 Effect of changes in assumptions 38 — 38 (41) — (41) Effect of changes in experience 274 (3) 271 174 (3) 171 Adjusted beginning balance $ 4,043 $ 52 $ 4,095 $ 3,433 $ 52 $ 3,485 Assessments 434 1 435 518 1 519 Excess benefits paid (646) — (646) (681) — (681) Interest accrual 119 2 121 95 2 97 Other (8) — (8) 20 — 20 Changes related to unrealized appreciation (depreciation) of investments 228 — 228 (162) — (162) Balance, end of period $ 4,170 $ 55 $ 4,225 $ 3,223 $ 55 $ 3,278 Less: Reinsurance recoverable (155) (55) (210) (162) — (162) Balance, end of period, net of Reinsurance recoverable $ 4,015 $ — $ 4,015 $ 3,061 $ 55 $ 3,116 Weighted average duration of liability * 24.0 9.0 25.4 9.3 * The weighted average duration of liabilities is calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates, which can be found in the table below. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for the liability for universal life policies: Gross Assessments Interest Accretion Nine Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Life Insurance $ 741 $ 855 $ 119 $ 95 Corporate and Other 29 31 2 2 Total $ 770 $ 886 $ 121 $ 97 The following table presents the calculation of weighted average interest rate for the liability for universal life policies: September 30, 2024 2023 Life Corporate and Other Life Corporate and Other Weighted-average interest rate 4.13 % 4.20 % 3.94 % 4.20 % The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. The following table presents details concerning our universal life policies: Nine Months Ended September 30, (in millions, except for attained age of contract holders) 2024 2023 Account value $ 3,912 $ 3,654 Net amount at risk $ 74,889 $ 71,497 Average attained age of contract holders 53 53 The following table presents the balances and changes in Policyholder contract deposits account balances (a) : Individual Group Life Institutional Corporate and other Total (in millions, except for average crediting rate) Nine Months Ended September 30, 2024 Policyholder contract deposits account balance, beginning of year $ 94,896 $ 41,299 $ 10,231 $ 13,649 $ 3,333 $ 163,408 Deposits 17,949 4,025 1,211 3,784 31 27,000 Policy charges (544) (380) (1,124) (51) (44) (2,143) Surrenders and withdrawals (13,087) (7,337) (227) (82) (91) (20,824) Benefit payments (3,049) (1,500) (214) (1,232) (219) (6,214) Net transfers from (to) separate account 3,934 3,086 17 15 — 7,052 Interest credited 2,769 951 377 511 119 4,727 Other (1) (210) 15 214 (3) 15 Policyholder contract deposits account balance, end of period 102,867 39,934 10,286 16,808 3,126 173,021 Other reconciling items (b) (1,113) (187) 279 177 — (844) Policyholder contract deposits $ 101,754 $ 39,747 $ 10,565 $ 16,985 $ 3,126 $ 172,177 Weighted average crediting rate 3.04 % 3.12 % 4.46 % 4.57 % 5.05 % Cash surrender value (c) $ 96,343 $ 39,076 $ 9,101 $ 2,586 $ 1,613 $ 148,719 Nine Months Ended September 30, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 12,885 3,943 1,211 3,707 34 21,780 Policy charges (661) (359) (1,143) (50) (47) (2,260) Surrenders and withdrawals (10,310) (6,010) (194) (502) (65) (17,081) Benefit payments (2,984) (1,801) (222) (1,355) (233) (6,595) Net transfers from (to) separate account 2,577 1,896 1 565 — 5,039 Interest credited 1,482 843 297 353 127 3,102 Other (7) 6 16 (9) (11) (5) Policyholder contract deposits account balance, end of period 92,536 41,913 10,190 14,443 3,392 162,474 Other reconciling items (b) (2,280) (327) 11 (20) — (2,616) Policyholder contract deposits $ 90,256 $ 41,586 $ 10,201 $ 14,423 $ 3,392 $ 159,858 Weighted average crediting rate 2.65 % 2.88 % 4.37 % 3.66 % 4.99 % Cash surrender value (c) $ 85,644 $ 40,928 $ 9,008 $ 2,577 $ 1,732 $ 139,889 (a) Transactions between the general account and the separate account are presented in this table on a gross basis (e.g., a policyholder's funds are initially deposited into the general account and then simultaneously transferred to the separate account), and thus, did not impact the ending balance of policyholder contract deposits. (b) Reconciling items principally relate to MRBs that are bifurcated and reported separately, net of embedded derivatives that are recorded in policyholder contract deposits. (c) Cash surrender value is related to the portion of policyholder contract deposits that have a defined cash surrender value (e.g. GICs do not have a cash surrender value). For information related to net amount at risk, refer to the table that presents the balances of and changes in MRBs in Note 14. The following table presents Policyholder contract deposits account balance by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums: September 30, 2024 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 5,794 $ 1,711 $ 33,119 $ 40,624 > 1% - 2% 3,226 21 1,120 4,367 > 2% - 3% 7,127 13 2,299 9,439 > 3% - 4% 5,943 34 4 5,981 > 4% - 5% 411 — 4 415 > 5% 37 5 3 45 Total $ 22,538 $ 1,784 $ 36,549 $ 60,871 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,087 $ 1,542 $ 8,594 $ 12,223 > 1% - 2% 3,324 735 937 4,996 > 2% - 3% 10,977 297 115 11,389 > 3% - 4% 575 — — 575 > 4% - 5% 6,432 — — 6,432 > 5% 137 — — 137 Total $ 23,532 $ 2,574 $ 9,646 $ 35,752 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 109 364 473 > 2% - 3% 9 391 1,530 1,930 > 3% - 4% 1,179 438 22 1,639 > 4% - 5% 2,748 — — 2,748 > 5% 211 — — 211 Total $ 4,147 $ 938 $ 1,916 $ 7,001 Total* $ 50,217 $ 5,296 $ 48,111 $ 103,624 Percentage of total 49% 5% 46% 100% September 30, 2023 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 6,741 $ 2,234 $ 24,455 $ 33,430 > 1% - 2% 3,940 22 1,909 5,871 > 2% - 3% 8,401 11 822 9,234 > 3% - 4% 6,864 37 6 6,907 > 4% - 5% 439 — 4 443 > 5% 32 — 3 35 Total $ 26,417 $ 2,304 $ 27,199 $ 55,920 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,197 $ 2,467 $ 6,304 $ 10,968 > 1% - 2% 3,874 1,347 667 5,888 > 2% - 3% 12,700 159 93 12,952 > 3% - 4% 641 — — 641 > 4% - 5% 6,773 — — 6,773 > 5% 150 — — 150 Total $ 26,335 $ 3,973 $ 7,064 $ 37,372 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 131 347 478 > 2% - 3% 9 866 1,078 1,953 > 3% - 4% 1,178 499 26 1,703 > 4% - 5% 2,879 — — 2,879 > 5% 218 — — 218 Total $ 4,284 $ 1,496 $ 1,451 $ 7,231 Total* $ 57,036 $ 7,773 $ 35,714 $ 100,523 Percentage of total 56% 8% 36% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. The following table presents a rollforward of the unearned revenue reserve for the nine months ended September 30, 2024 and 2023: Life Institutional Corporate and Other Total (in millions) Nine Months Ended September 30, 2024 Balance, beginning of year $ 1,770 $ 1 $ 94 $ 1,865 Revenue deferred 120 — — 120 Amortization (83) — (7) (90) Balance, end of period $ 1,807 $ 1 $ 87 $ 1,895 Other reconciling items* 957 Other policyholder funds $ 2,852 Nine Months Ended September 30, 2023 Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 114 — — 114 Amortization (83) (1) (8) (92) Balance, end of period $ 1,758 $ 1 $ 97 $ 1,856 Other reconciling items* 994 Other policyholder funds $ 2,850 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.

Policyholder Contract Deposit_2

Policyholder Contract Deposits and Other Policyholder Funds (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Policyholder Contract Deposits	The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Condensed Consolidated Balance Sheets: Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Nine Months Ended September 30, 2024 Present value of expected net premiums Balance, beginning of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 Effect of changes in discount rate assumptions (AOCI) — — 1,482 — 44 1,526 Reclassified to Liabilities held-for-sale — — 4,287 — — 4,287 Beginning balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in cash flow assumptions — — (57) — (11) (68) Effect of actual variances from expected experience — — 4 — (7) (3) Adjusted beginning of year balance — — 14,095 — 999 15,094 Issuances — — 733 — — 733 Interest accrual — — 288 — 32 320 Net premium collected — — (888) — (86) (974) Foreign exchange impact — — (46) — — (46) Other — — — — — — Dispositions — — (5,108) — — (5,108) Ending balance at original discount rate — — 9,074 — 945 10,019 Effect of changes in discount rate assumptions (AOCI) — — (463) — (28) (491) Balance, end of period $ — $ — $ 8,611 $ — $ 917 $ 9,528 Present value of expected future policy benefits Balance, beginning of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Effect of changes in discount rate assumptions (AOCI) 132 (3) 2,745 1,906 437 5,217 Reclassified to Liabilities held-for-sale — — 5,119 — — 5,119 Beginning balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 Effect of changes in cash flow assumptions (a) — — (24) (41) (39) (104) Effect of actual variances from expected experience (a) (27) (2) 15 (8) (19) (41) Adjusted beginning of year balance 1,458 212 25,386 20,339 21,033 68,428 Issuances 92 10 721 2,105 5 2,933 Interest accrual 50 9 635 665 753 2,112 Benefit payments (105) (18) (1,204) (907) (1,099) (3,333) Foreign exchange impact — — (61) 503 — 442 Other — (5) 2 — (7) (10) Dispositions — — (6,796) — — (6,796) Ending balance at original discount rate 1,495 208 18,683 22,705 20,685 63,776 Effect of changes in discount rate assumptions (AOCI) (108) 5 (825) (2,260) (324) (3,512) Balance, end of period $ 1,387 $ 213 $ 17,858 $ 20,445 $ 20,361 $ 60,264 Net liability for future policy benefits, end of period 1,387 213 9,247 20,445 19,444 50,736 Liability for future policy benefits for certain participating contracts — — 12 — 1,270 1,282 Liability for universal life policies (b) — — 4,170 — 55 4,225 Deferred profit liability 59 11 22 1,673 832 2,597 Other reconciling items (c) 34 — 449 — 93 576 Future policy benefits for life and accident and health insurance contracts 1,480 224 13,900 22,118 21,694 59,416 Less: Reinsurance recoverable: (5) — (678) (41) (21,694) (22,418) Net liability for future policy benefits after reinsurance recoverable $ 1,475 $ 224 $ 13,222 $ 22,077 $ — $ 36,998 Weighted average liability duration of the liability for future policy benefits (d) 7.7 6.7 11.1 11.9 11.2 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Nine Months Ended September 30, 2023 Present value of expected net premiums Balance, beginning of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Effect of changes in discount rate assumptions (AOCI) — — 1,872 — 66 1,938 Beginning balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in cash flow assumptions — — 34 — 21 55 Effect of actual variances from expected experience — — 36 — 16 52 Adjusted beginning of year balance — — 13,596 — 1,094 14,690 Issuances — — 986 — — 986 Interest accrual — — 325 — 34 359 Net premium collected — — (1,093) — (90) (1,183) Foreign exchange impact — — 44 — — 44 Other — — 11 — (3) 8 Ending balance at original discount rate — — 13,869 — 1,035 14,904 Effect of changes in discount rate assumptions (AOCI) — — (2,199) — (95) (2,294) Reclassified to Liabilities held-for-sale (3,784) (3,784) Balance, end of period $ — $ — $ 7,886 $ — $ 940 $ 8,826 Present value of expected future policy benefits Balance, beginning of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Effect of changes in discount rate assumptions (AOCI) 167 2 3,424 2,634 1,083 7,310 Beginning balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in cash flow assumptions (a) — — 62 — 76 138 Effect of actual variances from expected experience (a) (1) (1) 85 21 (10) 94 Adjusted beginning of year balance 1,389 212 24,750 15,119 21,578 63,048 Issuances 141 16 978 3,503 4 4,642 Interest accrual 38 8 679 478 770 1,973 Benefit payments (95) (20) (1,461) (810) (1,121) (3,507) Foreign exchange impact — — 54 48 — 102 Other — — 8 — (18) (10) Ending balance at original discount rate 1,473 216 25,008 18,338 21,213 66,248 Effect of changes in discount rate assumptions (AOCI) (217) (9) (4,397) (3,512) (2,214) (10,349) Reclassified to Liabilities held-for-sale — — (4,352) — — (4,352) Balance, end of period $ 1,256 $ 207 $ 16,259 $ 14,826 $ 18,999 $ 51,547 Net liability for future policy benefits, end of period 1,256 207 8,373 14,826 18,059 42,721 Liability for future policy benefits for certain participating contracts — — 13 — 1,308 1,321 Liability for universal life policies (b) — — 3,223 — 55 3,278 Deferred profit liability 80 9 18 1,428 865 2,400 Other reconciling items (c) 34 — 508 — 93 635 Future policy benefits for life and accident and health insurance contracts 1,370 216 12,135 16,254 20,380 50,355 Less: Reinsurance recoverable: (4) — (700) (37) (20,380) (21,121) Net liability for future policy benefits after reinsurance recoverable $ 1,366 $ 216 $ 11,435 $ 16,217 $ — $ 29,234 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.4 6.6 11.9 10.9 10.8 (a) Effect of changes in cash flow assumptions and variances from actual experience are partially offset by changes in the deferred profit liability. (b) Additional details can be found in the table that presents the balances and changes in the liability for universal life policies. (c) Other reconciling items primarily include the Accident and Health as well as Group Benefits (short-duration) contracts. (d) The weighted average liability durations are calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates and current discount rate, which can be found in the table below. (e) Includes balances that were reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Individual Retirement Undiscounted expected future benefits and expense $ 2,139 $ 2,119 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 306 $ 315 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Life Insurance (a) Undiscounted expected future benefits and expense $ 31,018 $ 39,763 Undiscounted expected future gross premiums $ 21,763 $ 29,789 Discounted expected future gross premiums (at current discount rate) $ 14,899 $ 18,596 Institutional Markets Undiscounted expected future benefits and expense $ 43,864 $ 33,025 Undiscounted expected future gross premiums $ — $ — Discounted expected future gross premiums (at current discount rate) $ — $ — Corporate and other (b) Undiscounted expected future benefits and expense $ 41,994 $ 43,250 Undiscounted expected future gross premiums $ 2,016 $ 2,141 Discounted expected future gross premiums (at current discount rate) $ 1,385 $ 1,372 (a) 2023 includes balances related to AIG Life U.K. that have been reclassified to Liabilities held-for-sale in the Condensed Consolidated Balance Sheets at September 30, 2023. (b) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Nine Months Ended September 30, Nine Months Ended September 30, (in millions) 2024 2023 2024 2023 Individual Retirement $ 102 $ 164 $ 50 $ 38 Group Retirement 10 16 9 8 Life Insurance 1,537 1,781 347 354 Institutional Markets 2,200 3,709 665 478 Corporate and Other 154 161 721 736 Total $ 4,003 $ 5,831 $ 1,792 $ 1,614 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other September 30, 2024 Weighted-average interest rate, original discount rate 3.75 % 5.17 % 4.69 % 4.29 % 4.85 % Weighted-average interest rate, current discount rate 4.89 % 4.81 % 5.04 % 5.15 % 5.04 % September 30, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.14 % 3.97 % 4.87 % Weighted-average interest rate, current discount rate * 5.92 % 5.90 % 5.92 % 5.87 % 5.94 % * Weighted-average interest rates for Life Insurance include balances that have been reclassified to Liabilities held-for-sale. The following table presents the balances and changes in the liability for universal life policies: Nine Months Ended September 30, 2024 2023 Life Corporate and Other Total Life Corporate and Other Total (in millions, except duration of liability) Balance, beginning of year $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 Effect of changes in assumptions 38 — 38 (41) — (41) Effect of changes in experience 274 (3) 271 174 (3) 171 Adjusted beginning balance $ 4,043 $ 52 $ 4,095 $ 3,433 $ 52 $ 3,485 Assessments 434 1 435 518 1 519 Excess benefits paid (646) — (646) (681) — (681) Interest accrual 119 2 121 95 2 97 Other (8) — (8) 20 — 20 Changes related to unrealized appreciation (depreciation) of investments 228 — 228 (162) — (162) Balance, end of period $ 4,170 $ 55 $ 4,225 $ 3,223 $ 55 $ 3,278 Less: Reinsurance recoverable (155) (55) (210) (162) — (162) Balance, end of period, net of Reinsurance recoverable $ 4,015 $ — $ 4,015 $ 3,061 $ 55 $ 3,116 Weighted average duration of liability * 24.0 9.0 25.4 9.3 * The weighted average duration of liabilities is calculated as the modified duration using projected future net liability cashflows that are aggregated at the segment level, utilizing the segment level weighted average interest rates, which can be found in the table below. The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for the liability for universal life policies: Gross Assessments Interest Accretion Nine Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Life Insurance $ 741 $ 855 $ 119 $ 95 Corporate and Other 29 31 2 2 Total $ 770 $ 886 $ 121 $ 97 The following table presents the calculation of weighted average interest rate for the liability for universal life policies: September 30, 2024 2023 Life Corporate and Other Life Corporate and Other Weighted-average interest rate 4.13 % 4.20 % 3.94 % 4.20 % The weighted average interest rates are calculated using projected future net liability cash flows that are aggregated to the segment level, and are represented as an annual rate. The following table presents details concerning our universal life policies: Nine Months Ended September 30, (in millions, except for attained age of contract holders) 2024 2023 Account value $ 3,912 $ 3,654 Net amount at risk $ 74,889 $ 71,497 Average attained age of contract holders 53 53 The following table presents the balances and changes in Policyholder contract deposits account balances (a) : Individual Group Life Institutional Corporate and other Total (in millions, except for average crediting rate) Nine Months Ended September 30, 2024 Policyholder contract deposits account balance, beginning of year $ 94,896 $ 41,299 $ 10,231 $ 13,649 $ 3,333 $ 163,408 Deposits 17,949 4,025 1,211 3,784 31 27,000 Policy charges (544) (380) (1,124) (51) (44) (2,143) Surrenders and withdrawals (13,087) (7,337) (227) (82) (91) (20,824) Benefit payments (3,049) (1,500) (214) (1,232) (219) (6,214) Net transfers from (to) separate account 3,934 3,086 17 15 — 7,052 Interest credited 2,769 951 377 511 119 4,727 Other (1) (210) 15 214 (3) 15 Policyholder contract deposits account balance, end of period 102,867 39,934 10,286 16,808 3,126 173,021 Other reconciling items (b) (1,113) (187) 279 177 — (844) Policyholder contract deposits $ 101,754 $ 39,747 $ 10,565 $ 16,985 $ 3,126 $ 172,177 Weighted average crediting rate 3.04 % 3.12 % 4.46 % 4.57 % 5.05 % Cash surrender value (c) $ 96,343 $ 39,076 $ 9,101 $ 2,586 $ 1,613 $ 148,719 Nine Months Ended September 30, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 12,885 3,943 1,211 3,707 34 21,780 Policy charges (661) (359) (1,143) (50) (47) (2,260) Surrenders and withdrawals (10,310) (6,010) (194) (502) (65) (17,081) Benefit payments (2,984) (1,801) (222) (1,355) (233) (6,595) Net transfers from (to) separate account 2,577 1,896 1 565 — 5,039 Interest credited 1,482 843 297 353 127 3,102 Other (7) 6 16 (9) (11) (5) Policyholder contract deposits account balance, end of period 92,536 41,913 10,190 14,443 3,392 162,474 Other reconciling items (b) (2,280) (327) 11 (20) — (2,616) Policyholder contract deposits $ 90,256 $ 41,586 $ 10,201 $ 14,423 $ 3,392 $ 159,858 Weighted average crediting rate 2.65 % 2.88 % 4.37 % 3.66 % 4.99 % Cash surrender value (c) $ 85,644 $ 40,928 $ 9,008 $ 2,577 $ 1,732 $ 139,889 (a) Transactions between the general account and the separate account are presented in this table on a gross basis (e.g., a policyholder's funds are initially deposited into the general account and then simultaneously transferred to the separate account), and thus, did not impact the ending balance of policyholder contract deposits. (b) Reconciling items principally relate to MRBs that are bifurcated and reported separately, net of embedded derivatives that are recorded in policyholder contract deposits. (c) Cash surrender value is related to the portion of policyholder contract deposits that have a defined cash surrender value (e.g. GICs do not have a cash surrender value). For information related to net amount at risk, refer to the table that presents the balances of and changes in MRBs in Note 14. The following table presents Policyholder contract deposits account balance by range of guaranteed minimum crediting rates and the related range of difference, in basis points, between rates being credited to policyholders and the respective guaranteed minimums: September 30, 2024 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 5,794 $ 1,711 $ 33,119 $ 40,624 > 1% - 2% 3,226 21 1,120 4,367 > 2% - 3% 7,127 13 2,299 9,439 > 3% - 4% 5,943 34 4 5,981 > 4% - 5% 411 — 4 415 > 5% 37 5 3 45 Total $ 22,538 $ 1,784 $ 36,549 $ 60,871 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,087 $ 1,542 $ 8,594 $ 12,223 > 1% - 2% 3,324 735 937 4,996 > 2% - 3% 10,977 297 115 11,389 > 3% - 4% 575 — — 575 > 4% - 5% 6,432 — — 6,432 > 5% 137 — — 137 Total $ 23,532 $ 2,574 $ 9,646 $ 35,752 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 109 364 473 > 2% - 3% 9 391 1,530 1,930 > 3% - 4% 1,179 438 22 1,639 > 4% - 5% 2,748 — — 2,748 > 5% 211 — — 211 Total $ 4,147 $ 938 $ 1,916 $ 7,001 Total* $ 50,217 $ 5,296 $ 48,111 $ 103,624 Percentage of total 49% 5% 46% 100% September 30, 2023 At Guaranteed Minimum 1 Basis Point - 50 Basis Points Above More than 50 Basis Points Above Minimum Guarantee Total (in millions, except percentage of total) Individual Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 6,741 $ 2,234 $ 24,455 $ 33,430 > 1% - 2% 3,940 22 1,909 5,871 > 2% - 3% 8,401 11 822 9,234 > 3% - 4% 6,864 37 6 6,907 > 4% - 5% 439 — 4 443 > 5% 32 — 3 35 Total $ 26,417 $ 2,304 $ 27,199 $ 55,920 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,197 $ 2,467 $ 6,304 $ 10,968 > 1% - 2% 3,874 1,347 667 5,888 > 2% - 3% 12,700 159 93 12,952 > 3% - 4% 641 — — 641 > 4% - 5% 6,773 — — 6,773 > 5% 150 — — 150 Total $ 26,335 $ 3,973 $ 7,064 $ 37,372 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 131 347 478 > 2% - 3% 9 866 1,078 1,953 > 3% - 4% 1,178 499 26 1,703 > 4% - 5% 2,879 — — 2,879 > 5% 218 — — 218 Total $ 4,284 $ 1,496 $ 1,451 $ 7,231 Total* $ 57,036 $ 7,773 $ 35,714 $ 100,523 Percentage of total 56% 8% 36% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. The following table presents a rollforward of the unearned revenue reserve for the nine months ended September 30, 2024 and 2023: Life Institutional Corporate and Other Total (in millions) Nine Months Ended September 30, 2024 Balance, beginning of year $ 1,770 $ 1 $ 94 $ 1,865 Revenue deferred 120 — — 120 Amortization (83) — (7) (90) Balance, end of period $ 1,807 $ 1 $ 87 $ 1,895 Other reconciling items* 957 Other policyholder funds $ 2,852 Nine Months Ended September 30, 2023 Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 114 — — 114 Amortization (83) (1) (8) (92) Balance, end of period $ 1,758 $ 1 $ 97 $ 1,856 Other reconciling items* 994 Other policyholder funds $ 2,850 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.

Market Risk Benefits (Tables)

Market Risk Benefits (Tables)	9 Months Ended
	Sep. 30, 2024
Insurance [Abstract]
Reconciliation of Market Risk Benefits	The following table presents the balances of and changes in MRBs: Individual Group Total (in millions, except for attained age of contract holders) Nine Months Ended September 30, 2024 Balance, beginning of year $ 4,562 $ 308 $ 4,870 Effect of changes in our own credit risk (1,072) (88) (1,160) Balance, beginning of year, before effect of changes in our own credit risk $ 3,490 $ 220 $ 3,710 Issuances 612 40 652 Interest accrual 111 8 119 Attributed fees 504 45 549 Expected claims (49) (1) (50) Effect of changes in interest rates 86 5 91 Effect of changes in interest rate volatility (27) 1 (26) Effect of changes in equity markets (1,006) (87) (1,093) Effect of changes in equity index volatility (4) 1 (3) Actual outcome different from model expected outcome (28) 4 (24) Effect of changes in future expected policyholder behavior 148 26 174 Effect of changes in other future expected assumptions (95) (1) (96) Other, including foreign exchange — — — Balance, end of period before effect of changes in our own credit risk 3,742 261 4,003 Effect of changes in our own credit risk 1,081 89 1,170 Balance, end of period 4,823 350 5,173 Less: Reinsured MRB, end of period (61) — (61) Net Liability Balance after reinsurance recoverable $ 4,762 $ 350 $ 5,112 Net amount at risk GMDB only $ 578 $ 118 $ 696 GMWB only $ 377 $ 33 $ 410 Combined * $ 467 $ 11 $ 478 Weighted average attained age of contract holders 71 64 Nine Months Ended September 30, 2023 Balance, beginning of year $ 3,738 $ 296 $ 4,034 Effect of changes in our own credit risk (441) (24) (465) Balance, beginning of year, before effect of changes in our own credit risk $ 3,297 $ 272 $ 3,569 Issuances 527 28 555 Interest accrual 122 12 134 Attributed fees 636 49 685 Expected claims (68) (2) (70) Effect of changes in interest rates (1,223) (99) (1,322) Effect of changes in interest rate volatility (7) 2 (5) Effect of changes in equity markets (591) (61) (652) Effect of changes in equity index volatility (27) (4) (31) Actual outcome different from model expected outcome 155 10 165 Effect of changes in future expected policyholder behavior (1) (1) (2) Effect of changes in other future expected assumptions (86) (40) (126) Other, including foreign exchange — (3) (3) Balance, end of period before effect of changes in our own credit risk 2,734 163 2,897 Effect of changes in our own credit risk 662 53 715 Balance, end of period 3,396 216 3,612 Less: Reinsured MRB, end of period (71) — (71) Net liability balance after reinsurance recoverable $ 3,325 $ 216 $ 3,541 Net amount at risk GMDB only $ 1,200 $ 257 $ 1,457 GMWB only $ 24 $ 1 $ 25 Combined* $ 1,764 $ 28 $ 1,792 Weighted average attained age of contract holders 70 64 * Certain contracts contain both guaranteed GMDB and GMWB features and are modeled together for the purposes of calculating the MRB. The following is a reconciliation of MRBs by amounts in an asset position and in a liability position to the MRBs amount in the Condensed Consolidated Balance Sheets: September 30, 2024 September 30, 2023 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 970 $ 5,732 $ 4,762 $ 814 $ 4,139 $ 3,325 Group Retirement 194 544 350 164 380 216 Total $ 1,164 $ 6,276 $ 5,112 $ 978 $ 4,519 $ 3,541 * Cash flows and attributed fees for MRBs are determined on a policy level basis and are reported based on their asset or liability position at the balance sheet date.

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Rollforward of Outstanding Shares	The following table presents a rollforward of outstanding shares : Nine Months Ended September 30, 2024 Common Stock Issued Treasury Stock Common Stock Outstanding Shares, beginning of year 648,148,737 (26,484,411) 621,664,326 Shares issued under long-term incentive compensation plans 2,041,112 1,234,028 3,275,140 Shares repurchased — (50,547,821) (50,547,821) Shares, end of period 650,189,849 (75,798,204) 574,391,645
Dividends Declared	Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share July 30, 2024 September 16, 2024 September 30, 2024 $ 0.23 May 2, 2024 June 14, 2024 June 28, 2024 $ 0.23 February 14, 2024 March 15, 2024 March 29, 2024 $ 0.23
Rollforward of Accumulated Other Comprehensive Income (Loss)	The following table presents a rollforward of Accumulated other comprehensive income (loss): (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in our own credit risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Three Months Ended September 30, 2024 Balance, June 30, 2024, net of tax $ (53) $ (16,832) $ (773) $ 3,017 $ 125 $ 6 $ 2 $ (14,508) Change in unrealized depreciation of investments (15) 7,045 — — — — — 7,030 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (183) — — — — (183) Change in discount rates assumptions of certain liabilities — — — (1,155) — — — (1,155) Change in future policy benefits and other — (189) — — — — — (189) Change in cash flow hedges — — — — 112 — — 112 Change in foreign currency translation adjustments — — — — — 22 — 22 Change in deferred tax asset (liability) 3 (1,269) 40 251 (24) (5) — (1,004) Total other comprehensive income (loss) (12) 5,587 (143) (904) 88 17 — 4,633 Less: Noncontrolling interests — — — — — 9 — 9 Balance, September 30, 2024, net of tax $ (65) $ (11,245) $ (916) $ 2,113 $ 213 $ 14 $ 2 $ (9,884) Three Months Ended September 30, 2023 Balance, June 30, 2023, net of tax $ (19) $ (17,732) $ (480) $ 2,929 $ 147 $ (38) $ 11 $ (15,182) Change in unrealized depreciation of investments * (52) (6,398) — — — — — (6,450) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (104) — — — — (104) Change in discount rates assumptions of certain liabilities — — — 1,435 — — — 1,435 Change in future policy benefits and other (10) 183 — — — — — 173 Change in cash value hedges — — — — (17) — — (17) Change in foreign currency translation adjustments — — — — — (41) — (41) Change in deferred tax asset (liability) 13 1,157 23 (319) 3 12 — 889 Total other comprehensive income (loss) (49) (5,058) (81) 1,116 (14) (29) — (4,115) Less: Noncontrolling interests — — — — — (3) — (3) Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) Nine Months Ended September 30, 2024 Balance at December 31, 2023, net of tax $ (79) $ (14,650) $ (909) $ 2,095 $ 146 $ (63) $ 2 $ (13,458) Change in unrealized depreciation of investments 18 4,775 — — — — — 4,793 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (10) — — — — (10) Change in discount rates assumptions of certain liabilities — — — 12 — — — 12 Change in future policy benefits and other — (230) — — — — — (230) Change in cash flow hedges — — — — 84 — — 84 Change in foreign currency translation adjustments — — — — — 88 — 88 (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in our own credit risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Change in deferred tax asset (liability) (4) (1,101) 3 6 (18) (4) — (1,118) Total other comprehensive income (loss) 14 3,444 (7) 18 66 84 — 3,619 Other — (39) — — 1 — — (38) Less: Noncontrolling interests — — — — — 7 — 7 Balance, September 30, 2024, net of tax $ (65) $ (11,245) $ (916) $ 2,113 $ 213 $ 14 $ 2 $ (9,884) Nine Months Ended September 30, 2023 Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments * 41 (4,243) — — — — — (4,202) Change in fair value of market risk benefits attributable to changes in our own credit risk — — (250) — — — — (250) Change in discount rates assumptions of certain liabilities — — — 1,468 — — — 1,468 Change in future policy benefits and other (10) 116 — — — — — 106 Change in cash value hedges — — — — (32) — — (32) Change in foreign currency translation adjustments — — — — — 24 — 24 Change in net actuarial loss — — — — — — 3 3 Change in deferred tax asset (liability) (7) 717 54 (331) 8 19 (1) 459 Total other comprehensive income (loss) 24 (3,410) (196) 1,137 (24) 43 2 (2,424) Less: Noncontrolling interests — — — — — 7 — 7 Balance, September 30, 2023, net of tax $ (68) $ (22,790) $ (561) $ 4,045 $ 133 $ (64) $ 11 $ (19,294) * Includes net unrealized gains and losses attributable to held-for-sale businesses at September 30, 2023.
Reclassification out of Accumulated Other Comprehensive Income	The following table presents the OCI reclassification adjustments for the three and nine months ended September 30, 2024 and 2023, respectively: (in millions) Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which Allowance for Credit Losses Was Taken Unrealized Appreciation (Depreciation) of All Other Investments Change in fair value of market risk benefits attributable to changes in our own credit risk Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts Cash Flow Hedges Foreign Currency Translation Adjustments Retirement Plan Liabilities Adjustment Total Three Months Ended September 30, 2024 Unrealized change arising during period $ (15) $ 6,769 $ (183) $ (1,155) $ 112 $ 22 $ — $ 5,550 Less: Reclassification adjustments included in net income — (87) — — — — — (87) Total other comprehensive income (loss), before income tax expense (benefit) (15) 6,856 (183) (1,155) 112 22 — 5,637 Less: Income tax expense (benefit) (3) 1,269 (40) (251) 24 5 — 1,004 Total other comprehensive income (loss), net of income tax expense (benefit) $ (12) $ 5,587 $ (143) $ (904) $ 88 $ 17 $ — $ 4,633 Three Months Ended September 30, 2023 Unrealized change arising during period $ (62) $ (6,223) $ (104) $ 1,435 $ (17) $ (41) $ — $ (5,012) Less: Reclassification adjustments included in net income — (8) — — — — — (8) Total other comprehensive income (loss), before income tax expense (benefit) (62) (6,215) (104) 1,435 (17) (41) — (5,004) Less: Income tax expense (benefit) (13) (1,157) (23) 319 (3) (12) — (889) Total other comprehensive income (loss), net of income tax expense (benefit) $ (49) $ (5,058) $ (81) $ 1,116 $ (14) $ (29) $ — $ (4,115) Nine Months Ended September 30, 2024 Unrealized change arising during period $ 10 $ 3,521 $ (10) $ 258 $ 84 $ 21 $ — $ 3,884 Less: Reclassification adjustments included in net income (8) (1,024) — 246 — (67) — (853) Total other comprehensive income (loss), before income tax expense (benefit) 18 4,545 (10) 12 84 88 — 4,737 Less: Income tax expense (benefit) 4 1,101 (3) (6) 18 4 — 1,118 Total other comprehensive income (loss), net of income tax expense (benefit) $ 14 $ 3,444 $ (7) $ 18 $ 66 $ 84 $ — $ 3,619 Nine Months Ended September 30, 2023 Unrealized change arising during period $ 14 $ (4,453) $ (250) $ 1,468 $ (32) $ 24 $ 3 $ (3,226) Less: Reclassification adjustments included in net income (17) (326) — — — — — (343) Total other comprehensive income (loss), before income tax expense (benefit) 31 (4,127) (250) 1,468 (32) 24 3 (2,883) Less: Income tax expense (benefit) 7 (717) (54) 331 (8) (19) 1 (459) Total other comprehensive income (loss), net of income tax expense (benefit) $ 24 $ (3,410) $ (196) $ 1,137 $ (24) $ 43 $ 2 $ (2,424) The following table presents the effect of the reclassification of significant items out of Accumulated other comprehensive income on the respective line items in the Condensed Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Condensed Consolidated Statements of Income (Loss) Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ — $ (8) $ (17) Net realized gains (losses) Total $ — $ — $ (8) $ (17) Unrealized appreciation (depreciation) of all other investments Investments $ (87) $ (8) $ (963) $ (326) Net realized gains (losses) Sale of business — — (61) — Net (gain) loss on divestitures Total $ (87) $ (8) $ (1,024) $ (326) Effect of changes in the discount rates used to measure traditional and limited-payment long duration insurance contracts Sale of business $ — $ — $ 246 $ — Net (gain) loss on divestitures Total $ — $ — $ 246 $ — Foreign Currency Translation Adjustments Sale of business $ — $ — $ (67) $ — Net (gain) loss on divestitures Total $ — $ — $ (67) $ — Total reclassifications for the period $ (87) $ (8) $ (853) $ (343) * The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table:(a) Change in fair value of MRBs attributable to changes in our own credit risk (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts and (c) Fair value of liabilities under fair value option attributable to changes in our own credit risk.
Non-Redeemable Noncontrolling Interest	The following table presents a rollforward of non-redeemable noncontrolling interest: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Beginning balance $ 816 $ 907 $ 869 $ 939 Net (loss) attributable to redeemable noncontrolling interest (3) (32) (78) (46) Other comprehensive income (loss), net of tax 9 (3) 7 7 Changes in noncontrolling interests due to divestitures and acquisitions — — 1 (19) Contributions from noncontrolling interests 10 20 63 63 Distributions to noncontrolling interests 7 (1) (24) (54) Other (5) (1) (4) — Ending balance $ 834 $ 890 $ 834 $ 890

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earning per Share	The following table presents the computation of basic and diluted EPS for the three and nine months ended September 30, 2024 and 2023: Three Months Ended Nine Months Ended (in millions, except per common share data) 2024 2023 2024 2023 Numerator for EPS: Net income (loss) $ (1,187) $ 2,069 $ (19) $ 2,367 Less: Net income (loss) attributable to noncontrolling interests (3) (32) (78) (46) Net income (loss) attributable to Corebridge common shareholders $ (1,184) $ 2,101 $ 59 $ 2,413 Denominator for EPS: Weighted average common shares outstanding - basic 587.1 639.0 607.5 646.8 Dilutive common shares — 2.0 1.0 1.8 Weighted average common shares outstanding - diluted 587.1 641.0 608.5 648.6 Income per common share attributable to Corebridge common shareholders Common stock - basic $ (2.02) $ 3.29 $ 0.10 $ 3.73 Common stock - diluted $ (2.02) $ 3.28 $ 0.10 $ 3.72 * Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 0.2 million and 1.0 million for the three months ended September 30, 2024 and 2023, respectively, and 0.2 million and 1.0 million for the nine months ended September 30,

Overview and Basis of Present_2

Overview and Basis of Presentation (Details) $ / shares in Units, € in Millions, £ in Millions, shares in Millions						3 Months Ended			9 Months Ended		12 Months Ended
	Apr. 08, 2024 USD ($)	Apr. 08, 2024 GBP (£)	Oct. 31, 2023 USD ($)	Oct. 31, 2023 EUR (€)	Sep. 19, 2022 USD ($)	Mar. 31, 2025 shares	Sep. 30, 2024 USD ($) $ / shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) $ / shares	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) $ / shares
Other Ownership Interests [Line Items]
Common stock, par value (in dollars per share) | $ / shares							$ 0.01		$ 0.01		$ 0.01
Net (gain) loss on divestitures							$ (1,000,000)	$ (1,000,000)	$ 245,000,000	$ 55,000,000
Assets held-for-sale							111,000,000		111,000,000		$ 2,237,000,000
Liabilities held-for-sale							0		0		1,746,000,000
Net Investment Income							$ 3,296,000,000	$ 2,657,000,000	9,208,000,000	$ 8,066,000,000
Revision of Prior Period, Adjustment
Other Ownership Interests [Line Items]
Net Investment Income									86,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations | AIG Life Limited
Other Ownership Interests [Line Items]
Proceeds from sale of business	$ 569,000,000	£ 453
Net (gain) loss on divestitures									$ 246,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Laya Healthcare Limited
Other Ownership Interests [Line Items]
Proceeds from sale of business			$ 731,000,000	€ 691
Net (gain) loss on divestitures											$ 652,000,000
Corebridge Financial
Other Ownership Interests [Line Items]
Stock issued in IPO (in shares)					$ 80,000,000
Corebridge Financial | Stock Purchase Agreement | AIG | Forecast
Other Ownership Interests [Line Items]
Number of shares to be sold (in shares) | shares						122
Common stock ownership interest (as a percent)						20%
Corebridge Financial Inc
Other Ownership Interests [Line Items]
Ownership percentage (as a percent)							48.60%		48.60%

Segment Information - Narrative

Segment Information - Narrative (Details)	9 Months Ended
	Sep. 30, 2024 segment
Segment Reporting [Abstract]
Number of reportable segments	5

Segment Information - Schedule

Segment Information - Schedule of continuing operations by operating segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	$ 619	$ 701	$ 3,461	$ 5,249
Policy fees	728	702	2,163	2,094
Net investment income (loss)	3,296	2,657	9,208	8,066
Total net realized gains (losses)	(2,327)	1,220	(3,394)	(558)
Advisory fee and other income	300	225	724	673
Total revenues	2,616	5,505	12,162	15,524
Policyholder benefits	1,149	1,102	5,005	6,473
Change in the fair value of market risk benefits, net	603	(418)	259	(484)
Interest credited to policyholder account balances	1,358	1,134	3,831	3,238
Amortization of deferred policy acquisition costs and value of business acquired	260	268	787	782
Non-deferrable insurance commissions	141	146	430	435
Advisory fee expenses	73	65	212	194
General operating expenses	492	611	1,596	1,797
Interest expense	133	135	409	441
Net (gain) loss on divestitures	1	1	(245)	(55)
Total benefits and expenses	4,210	3,044	12,284	12,821
Net income (loss) attributable to noncontrolling interests	3	32	78	46
Income (loss) before income tax expense (benefit)	(1,594)	2,461	(122)	2,703
Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net investment income (loss)	515	233	1,172	897
Income (loss) before income tax expense (benefit)	(837)	1,085	(379)	736
Operating Segments | Individual Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	36	29	107	173
Policy fees	205	182	596	528
Net investment income (loss)	1,461	1,240	4,205	3,592
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	116	107	340	318
Total revenues	1,818	1,558	5,248	4,611
Policyholder benefits	21	29	90	165
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	744	582	2,078	1,654
Amortization of deferred policy acquisition costs and value of business acquired	153	150	454	425
Non-deferrable insurance commissions	99	90	283	270
Advisory fee expenses	38	35	111	105
General operating expenses	106	96	332	308
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	1,161	982	3,348	2,927
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	657	576	1,900	1,684
Operating Segments | Group Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	5	6	10	16
Policy fees	113	102	328	304
Net investment income (loss)	478	504	1,460	1,508
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	88	78	254	230
Total revenues	684	690	2,052	2,058
Policyholder benefits	9	12	10	27
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	305	298	903	883
Amortization of deferred policy acquisition costs and value of business acquired	21	21	63	62
Non-deferrable insurance commissions	30	29	89	90
Advisory fee expenses	34	29	99	87
General operating expenses	97	109	305	334
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	496	498	1,469	1,483
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	188	192	583	575
Operating Segments | Life Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	352	449	1,117	1,317
Policy fees	360	371	1,094	1,117
Net investment income (loss)	336	313	984	957
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	81	29	82	84
Total revenues	1,129	1,162	3,277	3,475
Policyholder benefits	687	673	2,062	2,102
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	84	86	251	253
Amortization of deferred policy acquisition costs and value of business acquired	82	95	260	289
Non-deferrable insurance commissions	7	22	42	60
Advisory fee expenses	1	1	2	2
General operating expenses	112	149	355	475
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	973	1,026	2,972	3,181
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	156	136	305	294
Operating Segments | Institutional Markets
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	208	200	2,171	3,686
Policy fees	50	47	145	145
Net investment income (loss)	568	408	1,544	1,147
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	6	1	8	1
Total revenues	832	656	3,868	4,979
Policyholder benefits	435	389	2,852	4,188
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	215	165	571	421
Amortization of deferred policy acquisition costs and value of business acquired	4	2	10	6
Non-deferrable insurance commissions	5	5	15	14
Advisory fee expenses	0	0	0	0
General operating expenses	19	20	58	64
Interest expense	0	0	0	0
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	678	581	3,506	4,693
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	154	75	362	286
Operating Segments | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	17	19	55	59
Policy fees	0	0	0	0
Net investment income (loss)	(5)	(2)	3	85
Total net realized gains (losses)	53	(5)	36	0
Advisory fee and other income	9	10	40	40
Total revenues	74	22	134	184
Policyholder benefits	0	0	0	(3)
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	0	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0	0
Non-deferrable insurance commissions	0	0	1	1
Advisory fee expenses	0	0	0	0
General operating expenses	71	85	232	261
Interest expense	132	132	401	433
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	203	217	634	692
Net income (loss) attributable to noncontrolling interests	3	32	78	46
Adjusted pre-tax operating income (loss)	(126)	(163)	(422)	(462)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	0	0	0	0
Policy fees	0	0	0	0
Net investment income (loss)	(4)	(7)	(17)	(18)
Total net realized gains (losses)	0	0	0	0
Advisory fee and other income	0	0	0	0
Total revenues	(4)	(7)	(17)	(18)
Policyholder benefits	0	0	0	0
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	0	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0	0
Non-deferrable insurance commissions	0	0	0	0
Advisory fee expenses	0	0	0	0
General operating expenses	(1)	0	(1)	0
Interest expense	(5)	(4)	(15)	(14)
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	(6)	(4)	(16)	(14)
Net income (loss) attributable to noncontrolling interests	0	0	0	0
Adjusted pre-tax operating income (loss)	2	(3)	(1)	(4)
Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	1	(2)	1	(2)
Policy fees	0	0	0	0
Net investment income (loss)	462	201	1,029	795
Total net realized gains (losses)	(2,380)	1,225	(3,430)	(558)
Advisory fee and other income	0	0	0	0
Total revenues	(1,917)	1,424	(2,400)	235
Policyholder benefits	(3)	(1)	(9)	(6)
Change in the fair value of market risk benefits, net	603	(418)	259	(484)
Interest credited to policyholder account balances	10	3	28	27
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0	0
Non-deferrable insurance commissions	0	0	0	0
Advisory fee expenses	0	0	0	0
General operating expenses	88	152	315	355
Interest expense	6	7	23	22
Net (gain) loss on divestitures	1	1	(245)	(55)
Total benefits and expenses	705	(256)	371	(141)
Net income (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Total Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	618	703	3,460	5,251
Policy fees	728	702	2,163	2,094
Net investment income (loss)	2,834	2,456	8,179	7,271
Total net realized gains (losses)	53	(5)	36	0
Advisory fee and other income	300	225	724	673
Total revenues	4,533	4,081	14,562	15,289
Policyholder benefits	1,152	1,103	5,014	6,479
Change in the fair value of market risk benefits, net	0	0	0	0
Interest credited to policyholder account balances	1,348	1,131	3,803	3,211
Amortization of deferred policy acquisition costs and value of business acquired	260	268	787	782
Non-deferrable insurance commissions	141	146	430	435
Advisory fee expenses	73	65	212	194
General operating expenses	404	459	1,281	1,442
Interest expense	127	128	386	419
Net (gain) loss on divestitures	0	0	0	0
Total benefits and expenses	3,505	3,300	11,913	12,962
Net income (loss) attributable to noncontrolling interests	3	32	78	46
Adjusted pre-tax operating income (loss)	$ 1,031	$ 813	$ 2,727	$ 2,373

Fair Value Measurements - Asset

Fair Value Measurements - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Assets:
Bonds available-for-sale	[1]	$ 178,224	$ 166,527
Other bond securities	[1]	5,319	4,578
Equity securities	[1]	258	63
Derivative assets		9,145	5,925
Counterparty Netting		(5,611)	(3,646)
Cash Collateral		(2,837)	(1,886)
Total derivative assets		697	393
Short-term investments	[1]	4,898	4,336
Market risk benefit assets, at fair value		1,164	912
Separate account assets		96,368	91,005
Liabilities:
Policyholder contract deposits		172,177	162,050	$ 159,858
Derivative liabilities		6,101	4,588
Counterparty Netting		(5,611)	(3,646)
Cash Collateral		(281)	(801)
Total derivative liabilities		209	141
Market risk benefit liabilities, at fair value		6,276	5,705
Private equity funds/hedge funds		7,803	7,690
Related Party
Assets:
Derivative assets		32	622
Total derivative assets		1	13
Liabilities:
Derivative liabilities		0	232
Total derivative liabilities		0	0
Fair Value Measured at Net Asset Value Per Share
Liabilities:
Private equity funds/hedge funds		5,900	5,800
U.S. government and government sponsored entities
Assets:
Bonds available-for-sale		1,471	1,220
Obligations of states, municipalities and political subdivisions
Assets:
Bonds available-for-sale		5,115	5,831
Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available-for-sale		826	821
Non-U.S. governments
Assets:
Bonds available-for-sale		3,973	4,057
Corporate debt
Assets:
Bonds available-for-sale		110,043	106,082
Corporate debt | Level 3
Assets:
Bonds available-for-sale		1,347	1,471
RMBS
Assets:
Bonds available-for-sale		17,137	14,277
RMBS | Related Party
Assets:
Bonds available-for-sale		0	43
RMBS | Level 3
Assets:
Bonds available-for-sale		3,184	3,315
CMBS
Assets:
Bonds available-for-sale		10,245	9,981
CMBS | Level 3
Assets:
Bonds available-for-sale		652	565
CLO
Assets:
Bonds available-for-sale		11,225	11,144
ABS
Assets:
Bonds available-for-sale		19,015	13,935
Recurring Basis
Assets:
Bonds available-for-sale		178,224	166,527
Other bond securities		5,319	4,578
Equity securities		258	63
Other invested assets		1,817	1,850
Counterparty Netting		(5,611)	(3,646)
Cash Collateral		(2,837)	(1,886)
Counterparty netting and cash collateral		(8,448)	(5,532)
Total derivative assets		697	393
Short-term investments		516	1,408
Market risk benefit assets, at fair value		1,164	912
Separate account assets		96,368	91,005
Total		284,363	266,736
Liabilities:
Policyholder contract deposits		10,272	8,050
Counterparty Netting		(5,611)	(3,646)
Cash Collateral		(281)	(801)
Counterparty netting and cash collateral		(5,892)	(4,447)
Total derivative liabilities		209	141
Fortitude Re funds withheld payable		3,341	2,182
Market risk benefit liabilities, at fair value		6,276	5,705
Total		20,098	16,078
Recurring Basis | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Total			167
Recurring Basis | Level 1
Assets:
Bonds available-for-sale		0	20
Other bond securities		0	0
Equity securities		217	21
Other invested assets		0	0
Derivative assets		9	7
Short-term investments		14	21
Market risk benefit assets, at fair value		0	0
Separate account assets		92,943	87,813
Total		93,183	87,882
Liabilities:
Policyholder contract deposits		0	0
Derivative liabilities		5	2
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Total		5	2
Recurring Basis | Level 2
Assets:
Bonds available-for-sale		148,876	143,095
Other bond securities		3,683	3,255
Equity securities		0	0
Other invested assets		0	0
Derivative assets		7,374	4,633
Short-term investments		502	1,387
Market risk benefit assets, at fair value		0	0
Separate account assets		3,425	3,192
Total		163,860	155,562
Liabilities:
Policyholder contract deposits		183	108
Derivative liabilities		6,020	4,521
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Total		6,203	4,629
Recurring Basis | Level 3
Assets:
Bonds available-for-sale		29,348	23,412
Other bond securities		1,636	1,323
Equity securities		41	42
Other invested assets		1,817	1,850
Derivative assets		1,762	1,285
Short-term investments		0	0
Market risk benefit assets, at fair value		1,164	912	978
Separate account assets		0	0
Total		35,768	28,824
Liabilities:
Policyholder contract deposits		10,089	7,942
Derivative liabilities		76	65
Fortitude Re funds withheld payable		3,341	2,182
Market risk benefit liabilities, at fair value		6,276	5,705	$ 4,500
Total		19,782	15,894
Recurring Basis | Interest rate contracts
Assets:
Derivative assets		3,762	2,947
Liabilities:
Derivative liabilities		3,419	3,278
Recurring Basis | Interest rate contracts | Level 1
Assets:
Derivative assets		0	0
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Interest rate contracts | Level 2
Assets:
Derivative assets		3,419	2,498
Liabilities:
Derivative liabilities		3,419	3,278
Recurring Basis | Interest rate contracts | Level 3
Assets:
Derivative assets		343	449
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts
Assets:
Derivative assets		885	940
Liabilities:
Derivative liabilities		583	563
Recurring Basis | Foreign exchange contracts | Level 1
Assets:
Derivative assets		0	0
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts | Level 2
Assets:
Derivative assets		885	940
Liabilities:
Derivative liabilities		583	563
Recurring Basis | Foreign exchange contracts | Level 3
Assets:
Derivative assets		0	0
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Equity contracts
Assets:
Derivative assets		4,351	2,017
Liabilities:
Derivative liabilities		2,098	745
Recurring Basis | Equity contracts | Level 1
Assets:
Derivative assets		9	7
Liabilities:
Derivative liabilities		5	2
Recurring Basis | Equity contracts | Level 2
Assets:
Derivative assets		2,935	1,186
Liabilities:
Derivative liabilities		2,018	680
Recurring Basis | Equity contracts | Level 3
Assets:
Derivative assets		1,407	824
Liabilities:
Derivative liabilities		75	63
Recurring Basis | Credit contracts
Assets:
Derivative assets		134	8
Liabilities:
Derivative liabilities		0
Recurring Basis | Credit contracts | Level 1
Assets:
Derivative assets		0	0
Liabilities:
Derivative liabilities		0
Recurring Basis | Credit contracts | Level 2
Assets:
Derivative assets		134	8
Liabilities:
Derivative liabilities		0
Recurring Basis | Credit contracts | Level 3
Assets:
Derivative assets		0	0
Liabilities:
Derivative liabilities		0
Recurring Basis | Other contracts
Assets:
Derivative assets		13	13
Liabilities:
Derivative liabilities		1	2
Recurring Basis | Other contracts | Level 1
Assets:
Derivative assets		0	0
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 2
Assets:
Derivative assets		1	1
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Other contracts | Level 3
Assets:
Derivative assets		12	12
Liabilities:
Derivative liabilities		1	2
Recurring Basis | U.S. government and government sponsored entities
Assets:
Bonds available-for-sale		1,471	1,220
Other bond securities		0
Recurring Basis | U.S. government and government sponsored entities | Level 1
Assets:
Bonds available-for-sale		0	20
Other bond securities		0
Recurring Basis | U.S. government and government sponsored entities | Level 2
Assets:
Bonds available-for-sale		1,471	1,200
Other bond securities		0
Recurring Basis | U.S. government and government sponsored entities | Level 3
Assets:
Bonds available-for-sale		0	0
Other bond securities		0
Recurring Basis | Obligations of states, municipalities and political subdivisions
Assets:
Bonds available-for-sale		5,115	5,831
Other bond securities		41	40
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 2
Assets:
Bonds available-for-sale		4,265	4,987
Other bond securities		40	39
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available-for-sale		850	844
Other bond securities		1	1
Recurring Basis | Non-U.S. governments
Assets:
Bonds available-for-sale		3,973	4,057
Other bond securities		29	13
Recurring Basis | Non-U.S. governments | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | Non-U.S. governments | Level 2
Assets:
Bonds available-for-sale		3,973	4,057
Other bond securities		29	13
Recurring Basis | Non-U.S. governments | Level 3
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | Corporate debt
Assets:
Bonds available-for-sale		110,043	106,082
Other bond securities		3,037	2,653
Recurring Basis | Corporate debt | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | Corporate debt | Level 2
Assets:
Bonds available-for-sale		108,492	104,725
Other bond securities		2,832	2,486
Recurring Basis | Corporate debt | Level 3
Assets:
Bonds available-for-sale		1,551	1,357
Other bond securities		205	167
Recurring Basis | RMBS
Assets:
Bonds available-for-sale		17,137	14,277
Other bond securities		166	170
Recurring Basis | RMBS | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | RMBS | Level 2
Assets:
Bonds available-for-sale		10,524	8,423
Other bond securities		61	63
Recurring Basis | RMBS | Level 2 | Related Party
Assets:
Bonds available-for-sale		0	36
Recurring Basis | RMBS | Level 2 | Related Party | Maximum
Assets:
Other bond securities		0	1
Recurring Basis | RMBS | Level 3
Assets:
Bonds available-for-sale		6,613	5,854
Other bond securities		105	107
Recurring Basis | RMBS | Level 3 | Related Party
Assets:
Bonds available-for-sale		0	7
Recurring Basis | CMBS
Assets:
Bonds available-for-sale		10,245	9,981
Other bond securities		234	228
Recurring Basis | CMBS | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | CMBS | Level 2
Assets:
Bonds available-for-sale		9,569	9,373
Other bond securities		220	211
Recurring Basis | CMBS | Level 3
Assets:
Bonds available-for-sale		676	608
Other bond securities		14	17
Recurring Basis | CLO
Assets:
Bonds available-for-sale		11,225	11,144
Other bond securities		487	423
Recurring Basis | CLO | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | CLO | Level 2
Assets:
Bonds available-for-sale		9,185	9,301
Other bond securities		426	354
Recurring Basis | CLO | Level 3
Assets:
Bonds available-for-sale		2,040	1,843
Other bond securities		61	69
Recurring Basis | ABS
Assets:
Bonds available-for-sale		19,015	13,935
Other bond securities		1,325	1,051
Recurring Basis | ABS | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities		0	0
Recurring Basis | ABS | Level 2
Assets:
Bonds available-for-sale		1,397	1,029
Other bond securities		75	89
Recurring Basis | ABS | Level 3
Assets:
Bonds available-for-sale		17,618	12,906
Other bond securities		$ 1,250	$ 962
[1]See Note 8 for details of balances associated with variable interest entities

Fair Value Measurements - Chang

Fair Value Measurements - Changes in level 3 recurring fair value measurements, assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	$ 30,571	$ 24,347	$ 26,627	$ 23,588
Net Realized and Unrealized Gains (Losses) Included in Income	358	120	657	205
Other Comprehensive Income (Loss)	680	(384)	872	(40)
Purchases, Sales, Issuances and Settlements, Net	1,106	495	4,328	1,579
Gross Transfers In	450	769	1,918	1,178
Gross Transfers Out	(316)	(222)	(1,535)	(1,614)
Other	(7)	116	(25)	345
Fair Value End of Period	32,842	25,241	32,842	25,241
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	58	(25)	4	(81)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	662	(403)	744	(294)
Market risk benefit assets, at fair value	1,164		1,164		$ 912
Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Market risk benefit assets, at fair value	1,164		1,164		912
Level 3 | Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Market risk benefit assets, at fair value	1,164	978	1,164	978	$ 912
Bonds available-for-sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	27,298	21,249	23,412	20,426
Net Realized and Unrealized Gains (Losses) Included in Income	284	139	612	253
Other Comprehensive Income (Loss)	665	(371)	868	(34)
Purchases, Sales, Issuances and Settlements, Net	962	397	4,043	1,340
Gross Transfers In	446	734	1,892	1,104
Gross Transfers Out	(307)	(220)	(1,477)	(1,336)
Other	0	72	(2)	247
Fair Value End of Period	29,348	22,000	29,348	22,000
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	662	(403)	744	(294)
Bonds available-for-sale | Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	796	853	844	805
Net Realized and Unrealized Gains (Losses) Included in Income	(1)	(2)	(1)	(2)
Other Comprehensive Income (Loss)	55	(77)	8	(26)
Purchases, Sales, Issuances and Settlements, Net	0	(12)	(1)	(15)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	850	762	850	762
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	53	(81)	4	(54)
Bonds available-for-sale | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,393	1,303	1,357	1,968
Net Realized and Unrealized Gains (Losses) Included in Income	8	(3)	9	(95)
Other Comprehensive Income (Loss)	44	(65)	47	(23)
Purchases, Sales, Issuances and Settlements, Net	(46)	(13)	(116)	(40)
Gross Transfers In	241	147	668	358
Gross Transfers Out	(89)	(185)	(414)	(968)
Other	0	0	0	(16)
Fair Value End of Period	1,551	1,184	1,551	1,184
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	46	(70)	5	(52)
Bonds available-for-sale | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	6,453	5,753	5,854	5,670
Net Realized and Unrealized Gains (Losses) Included in Income	82	74	224	230
Other Comprehensive Income (Loss)	242	(66)	218	27
Purchases, Sales, Issuances and Settlements, Net	(20)	(13)	592	(195)
Gross Transfers In	0	1	21	33
Gross Transfers Out	(144)	(22)	(294)	(38)
Other	0	0	(2)	0
Fair Value End of Period	6,613	5,727	6,613	5,727
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	234	(106)	211	(41)
Bonds available-for-sale | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	529	505	608	718
Net Realized and Unrealized Gains (Losses) Included in Income	13	5	11	5
Other Comprehensive Income (Loss)	52	(28)	101	(69)
Purchases, Sales, Issuances and Settlements, Net	(27)	(2)	(154)	(42)
Gross Transfers In	118	33	245	57
Gross Transfers Out	(9)	0	(135)	(156)
Other	0	0	0	0
Fair Value End of Period	676	513	676	513
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	40	(27)	45	(98)
Bonds available-for-sale | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,772	1,708	1,843	1,670
Net Realized and Unrealized Gains (Losses) Included in Income	34	24	31	(21)
Other Comprehensive Income (Loss)	(39)	32	20	58
Purchases, Sales, Issuances and Settlements, Net	326	(40)	404	(85)
Gross Transfers In	10	2	42	67
Gross Transfers Out	(63)	(11)	(300)	(165)
Other	0	72	0	263
Fair Value End of Period	2,040	1,787	2,040	1,787
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	(26)	34	20	(13)
Bonds available-for-sale | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	16,355	11,127	12,906	9,595
Net Realized and Unrealized Gains (Losses) Included in Income	148	41	338	136
Other Comprehensive Income (Loss)	311	(167)	474	(1)
Purchases, Sales, Issuances and Settlements, Net	729	477	3,318	1,717
Gross Transfers In	77	551	916	589
Gross Transfers Out	(2)	(2)	(334)	(9)
Other	0	0	0	0
Fair Value End of Period	17,618	12,027	17,618	12,027
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	315	(153)	459	(36)
Other bond securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,570	1,140	1,323	1,304
Net Realized and Unrealized Gains (Losses) Included in Income	57	(2)	109	32
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	14	25	192	3
Gross Transfers In	4	0	26	39
Gross Transfers Out	(9)	(2)	(14)	(271)
Other	0	44	0	98
Fair Value End of Period	1,636	1,205	1,636	1,205
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	43	(11)	76	(4)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities | Obligations of states, municipalities and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1	3	1	0
Net Realized and Unrealized Gains (Losses) Included in Income	0	0	0	0
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	(2)	0	1
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	1	1	1	1
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	195	110	167	417
Net Realized and Unrealized Gains (Losses) Included in Income	7	1	23	2
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	65	10	(51)
Gross Transfers In	3	0	5	0
Gross Transfers Out	0	0	0	(192)
Other	0	0	0	0
Fair Value End of Period	205	176	205	176
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	7	3	23	2
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	103	112	107	107
Net Realized and Unrealized Gains (Losses) Included in Income	5	(4)	7	2
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(1)	(2)	(7)	(3)
Gross Transfers In	0	0	0	0
Gross Transfers Out	(2)	0	(2)	0
Other	0	0	0	0
Fair Value End of Period	105	106	105	106
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	4	(4)	5	(1)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	17	26	17	28
Net Realized and Unrealized Gains (Losses) Included in Income	1	(2)	1	(4)
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(4)	0	(4)	0
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	14	24	14	24
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	1	(3)	1	(4)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	61	25	69	11
Net Realized and Unrealized Gains (Losses) Included in Income	(1)	5	(1)	14
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	8	(3)	1	(49)
Gross Transfers In	0	0	0	39
Gross Transfers Out	(7)	(2)	(8)	(44)
Other	0	44	0	0
Fair Value End of Period	61	69	61	69
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(1)	3	0	3
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,193	864	962	741
Net Realized and Unrealized Gains (Losses) Included in Income	45	(2)	79	18
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	11	(33)	192	105
Gross Transfers In	1	0	21	0
Gross Transfers Out	0	0	(4)	(35)
Other	0	0	0	98
Fair Value End of Period	1,250	829	1,250	829
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	32	(10)	47	(4)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	48	44	42	26
Net Realized and Unrealized Gains (Losses) Included in Income	0	0	1	0
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1	5	26
Gross Transfers In	0	1	0	1
Gross Transfers Out	0	0	0	(7)
Other	(7)	0	(7)	0
Fair Value End of Period	41	46	41	46
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,655	1,914	1,850	1,832
Net Realized and Unrealized Gains (Losses) Included in Income	17	(17)	(65)	(80)
Other Comprehensive Income (Loss)	15	(13)	4	(6)
Purchases, Sales, Issuances and Settlements, Net	130	72	88	210
Gross Transfers In	0	34	0	34
Gross Transfers Out	0	0	(44)	0
Other	0	0	(16)	0
Fair Value End of Period	1,817	1,990	1,817	1,990
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	15	(14)	(72)	(77)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements - Cha_2

Fair Value Measurements - Changes in level 3 recurring fair value measurements, liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	$ 11,744	$ 5,625	$ 11,744	$ 5,625	$ 9,491	$ 8,904	$ 7,291	$ 6,051
Net Realized and Unrealized (Gains) Losses Included in Income	2,159	(1,751)	2,420	(154)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	88	(63)	68	(563)
Fair Value End of Period	11,744	5,625	11,744	5,625
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(880)	2,051	285	1,072
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Gross Transfers Out		0		0
Market risk benefit liabilities, at fair value	6,276		6,276			5,705
Recurring Basis
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Market risk benefit liabilities, at fair value	6,276		6,276			5,705
Level 3 | Recurring Basis
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Market risk benefit liabilities, at fair value	6,276	4,500	6,276	4,500		5,705
Policyholder contract deposits
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	10,089	6,327	10,089	6,327	9,036	7,942	6,813	5,367
Net Realized and Unrealized (Gains) Losses Included in Income	953	(716)	1,677	94
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	100	230	470	866
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	10,089	6,327	10,089	6,327
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(262)	972	(74)	296
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net Realized and Unrealized (Gains) Losses Included in Income	(303)	45	(708)	(72)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(1,458)	(982)	(1,220)	(584)
Net Realized and Unrealized (Gains) Losses Included in Income	(303)	45	(708)	(72)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	69	(116)	(110)	(540)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	6	148	352	291
Fair Value End of Period	(1,686)	(905)	(1,686)	(905)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	243	18	754	135
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Interest rate contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(423)	(328)	(449)	(303)
Net Realized and Unrealized (Gains) Losses Included in Income	76	(183)	(151)	(68)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(2)	(10)	(82)	(150)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	6	0	339	0
Fair Value End of Period	(343)	(521)	(343)	(521)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(76)	150	234	95
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Equity contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(1,023)	(639)	(761)	(267)
Net Realized and Unrealized (Gains) Losses Included in Income	(364)	244	(512)	44
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	56	(121)	(72)	(436)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	(1)	148	13	291
Fair Value End of Period	(1,332)	(368)	(1,332)	(368)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	305	(148)	476	(8)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(12)	(15)	(10)	(14)
Net Realized and Unrealized (Gains) Losses Included in Income	(15)	(16)	(45)	(48)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	15	15	44	46
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	1	0	0	0
Fair Value End of Period	(11)	(16)	(11)	(16)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	14	16	44	48
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	3,341	203	3,341	203	$ 1,913	$ 2,182	1,460	1,262
Net Realized and Unrealized (Gains) Losses Included in Income	1,509	(1,080)	1,451	(177)
Other Comprehensive (Income) Loss	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(81)	(177)	(292)	(882)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	3,341	203	3,341	203
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(861)	1,061	(395)	641
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	0	$ 0	0
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year		0		0			$ 0	$ 6
Net Realized and Unrealized (Gains) Losses Included in Income		0		1
Other Comprehensive (Income) Loss		0		0
Purchases, Sales, Issuances and Settlements, Net		0		(7)
Gross Transfers In		0		0
Gross Transfers Out		0		0
Other		0		0
Fair Value End of Period		0		0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0		0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		$ 0		$ 0

Fair Value Measurements - Net r

Fair Value Measurements - Net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 358	$ 120	$ 657	$ 205
Net realized gains (losses), liabilities	(2,159)	1,751	(2,420)	154
Policyholder contract deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(953)	716	(1,677)	(94)
Policyholder contract deposits | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Policyholder contract deposits | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Policyholder contract deposits | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(953)	716	(1,677)	(94)
Policyholder contract deposits | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	303	(45)	708	72
Derivative liabilities, net | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	15	16	44	47
Derivative liabilities, net | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Derivative liabilities, net | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	285	(265)	724	(34)
Derivative liabilities, net | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	3	204	(60)	59
Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,509)	1,080	(1,451)	177
Fortitude Re funds withheld payable | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Fortitude Re funds withheld payable | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Fortitude Re funds withheld payable | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(1,509)	1,080	(1,451)	177
Fortitude Re funds withheld payable | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Market Risk Benefit Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(613)	880	589	1,680
Market Risk Benefit Liabilities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Market Risk Benefit Liabilities | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Market Risk Benefit Liabilities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(4)	1	0	4
Market Risk Benefit Liabilities | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(609)	879	589	1,676
Debt of consolidated investment entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		0		(1)
Debt of consolidated investment entities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		0		0
Debt of consolidated investment entities | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		0		(1)
Debt of consolidated investment entities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		0		0
Debt of consolidated investment entities | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		0		0
Bonds available-for-sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	284	139	612	253
Bonds available-for-sale | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Bonds available-for-sale | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	239	162	598	312
Bonds available-for-sale | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	45	(23)	14	(59)
Bonds available-for-sale | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Other bond securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	57	(2)	109	32
Other bond securities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Other bond securities | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	57	(2)	109	32
Other bond securities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Other bond securities | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	1	0
Equity securities | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Equity securities | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	1	0
Equity securities | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Equity securities | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	17	(17)	(65)	(80)
Other invested assets | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Other invested assets | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	14	(14)	(70)	(78)
Other invested assets | Net Realized and Unrealized Gains (Losses)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	3	(3)	5	(2)
Other invested assets | Change in the Fair Value of Market Risk Benefits, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements - Gross

Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	$ 3,452	$ 1,094	$ 8,852	$ 3,015
Sales	(1,080)	(59)	(1,274)	(128)
Issuances and Settlements	(1,266)	(540)	(3,250)	(1,308)
Purchases, Sales, Issuances and Settlements, Net	1,106	495	4,328	1,579
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	(28)	0	(229)
Sales	420	348	1,144	1,076
Issuances and Settlements	(332)	(383)	(1,076)	(1,410)
Purchases, Sales, Issuances and Settlements, Net	88	(63)	68	(563)
Policyholder contract deposits
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0	0	0
Sales	420	348	1,144	1,076
Issuances and Settlements	(320)	(118)	(674)	(210)
Purchases, Sales, Issuances and Settlements, Net	100	230	470	866
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	(28)	0	(229)
Sales	0	0	0	0
Issuances and Settlements	69	(88)	(110)	(311)
Purchases, Sales, Issuances and Settlements, Net	69	(116)	(110)	(540)
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances and Settlements	(81)	(177)	(292)	(882)
Purchases, Sales, Issuances and Settlements, Net	(81)	(177)	(292)	(882)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases		0		0
Sales		0		0
Issuances and Settlements		0		(7)
Purchases, Sales, Issuances and Settlements, Net		0		(7)
Bonds available-for-sale
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	3,187	895	8,215	2,450
Sales	(1,040)	(49)	(1,232)	(118)
Issuances and Settlements	(1,185)	(449)	(2,940)	(992)
Purchases, Sales, Issuances and Settlements, Net	962	397	4,043	1,340
Bonds available-for-sale | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	12	0	12	0
Sales	(12)	(12)	(12)	(12)
Issuances and Settlements	0	0	(1)	(3)
Purchases, Sales, Issuances and Settlements, Net	0	(12)	(1)	(15)
Bonds available-for-sale | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	300	192	369	222
Sales	(271)	(30)	(279)	(30)
Issuances and Settlements	(75)	(175)	(206)	(232)
Purchases, Sales, Issuances and Settlements, Net	(46)	(13)	(116)	(40)
Bonds available-for-sale | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	405	175	1,444	406
Sales	(191)	0	(240)	(42)
Issuances and Settlements	(234)	(188)	(612)	(559)
Purchases, Sales, Issuances and Settlements, Net	(20)	(13)	592	(195)
Bonds available-for-sale | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	48	0	57	9
Sales	(62)	0	(92)	(27)
Issuances and Settlements	(13)	(2)	(119)	(24)
Purchases, Sales, Issuances and Settlements, Net	(27)	(2)	(154)	(42)
Bonds available-for-sale | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	837	18	1,057	100
Sales	(151)	(7)	(153)	(7)
Issuances and Settlements	(360)	(51)	(500)	(178)
Purchases, Sales, Issuances and Settlements, Net	326	(40)	404	(85)
Bonds available-for-sale | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1,585	510	5,276	1,713
Sales	(353)	0	(456)	0
Issuances and Settlements	(503)	(33)	(1,502)	4
Purchases, Sales, Issuances and Settlements, Net	729	477	3,318	1,717
Other bond securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	127	124	403	314
Sales	(40)	(10)	(40)	(10)
Issuances and Settlements	(73)	(89)	(171)	(301)
Purchases, Sales, Issuances and Settlements, Net	14	25	192	3
Other bond securities | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0	0	3
Sales	0	(2)	0	(2)
Issuances and Settlements	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	(2)	0	1
Other bond securities | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	89	10	156
Sales	0	0	0	0
Issuances and Settlements	0	(24)	0	(207)
Purchases, Sales, Issuances and Settlements, Net	0	65	10	(51)
Other bond securities | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0	0	6
Sales	0	0	0	0
Issuances and Settlements	(1)	(2)	(7)	(9)
Purchases, Sales, Issuances and Settlements, Net	(1)	(2)	(7)	(3)
Other bond securities | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0	0	0
Sales	(4)	0	(4)	0
Issuances and Settlements	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(4)	0	(4)	0
Other bond securities | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	8	0	17	1
Sales	0	0	0	0
Issuances and Settlements	0	(3)	(16)	(50)
Purchases, Sales, Issuances and Settlements, Net	8	(3)	1	(49)
Other bond securities | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	119	35	376	148
Sales	(36)	(8)	(36)	(8)
Issuances and Settlements	(72)	(60)	(148)	(35)
Purchases, Sales, Issuances and Settlements, Net	11	(33)	192	105
Equity securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	1	7	26
Sales	0	0	(2)	0
Issuances and Settlements	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1	5	26
Other invested assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	138	74	227	225
Sales	0	0	0	0
Issuances and Settlements	(8)	(2)	(139)	(15)
Purchases, Sales, Issuances and Settlements, Net	$ 130	$ 72	$ 88	$ 210

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Transfers into Level 3 at end of reporting period, net (losses) gains not included in realized and unrealized gains and losses related to Level 3 for the period	$ (4)	$ 6	$ (9)	$ 13
Transfers out Level 3 at end of reporting period, net (losses) gains included in realized and unrealized gains and losses related to Level 3 for the period.	$ (3)	$ (22)	$ 10	$ (12)
Average original expected lives (in years)			10 years
Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Extension period (in years)			1 year
Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Extension period (in years)			2 years

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Millions		Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale	[1]	$ 178,224	$ 166,527
Embedded derivatives within Policyholder contract deposits		13,600	10,200
Policyholder contract deposits		172,177	162,050	$ 159,858
Obligations of states, municipalities and political subdivisions
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 5,115	$ 5,831
Obligations of states, municipalities and political subdivisions | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0489	0.0497
Obligations of states, municipalities and political subdivisions | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0530	0.0531
Obligations of states, municipalities and political subdivisions | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0509	0.0514
Obligations of states, municipalities and political subdivisions | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 826	$ 821
Corporate debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 110,043	$ 106,082
Corporate debt | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0452	0.0526
Corporate debt | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0777	0.0816
Corporate debt | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0615	0.0671
Corporate debt | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,347	$ 1,471
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 17,137	$ 14,277
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0513	0.0611
RMBS | Minimum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0400	0.0431
RMBS | Minimum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0065	0.0073
RMBS | Minimum | Loss Severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.4230	0.3064
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0628	0.0740
RMBS | Maximum | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0898	0.0986
RMBS | Maximum | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0239	0.0252
RMBS | Maximum | Loss Severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.7834	0.9103
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0571	0.0675
RMBS | Weighted-average | Prepayment Speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0649	0.0709
RMBS | Weighted-average | Default Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0152	0.0163
RMBS | Weighted-average | Loss Severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.6032	0.6083
RMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 3,184	$ 3,315
CLO | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0565	0.0606
CLO | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0684	0.0781
CLO | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0624	0.0693
CLO | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,984	$ 1,697
ABS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0493	0.0563
ABS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0705	0.0782
ABS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0599	0.0673
ABS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 15,326	$ 11,367
CMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 10,245	$ 9,981
CMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0490	0.0549
CMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.1964	0.1784
CMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.1158	0.1166
CMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 652	$ 565
Market risk benefit assets | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0625	0.0625
Market risk benefit assets | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0016	0.0016
Market risk benefit assets | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.2000	0.2000
Market risk benefit assets | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.3825	0.3825
Market risk benefit assets | Minimum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.8000	0.8000
Market risk benefit assets | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0	0
Market risk benefit assets | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0	0
Market risk benefit assets | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.4965	0.4975
Market risk benefit assets | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.2880	0.2880
Market risk benefit assets | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		1.8618	1.8618
Market risk benefit assets | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		1.6001	1.6001
Market risk benefit assets | Maximum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		1	1
Market risk benefit assets | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.2050	0.3000
Market risk benefit assets | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0235	0.0229
Market risk benefit assets | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,164	$ 912
GMWB only | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0625	0.0625
GMWB only | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0016	0.0016
GMWB only | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
GMWB only | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3825	0.3825
GMWB only | Minimum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.8000	0.8000
GMWB only | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
GMWB only | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
GMWB only | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4965	0.4975
GMWB only | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2880	0.2880
GMWB only | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8618
GMWB only | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.6001	1.6001
GMWB only | Maximum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1	1
GMWB only | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2050	0.3000
GMWB only | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0235	0.0229
GMWB only | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,792	$ 2,174
Fixed annuities guaranteed benefits | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0020	0.0020
Fixed annuities guaranteed benefits | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
Fixed annuities guaranteed benefits | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4026	0.4026
Fixed annuities guaranteed benefits | Minimum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9000	0.9000
Fixed annuities guaranteed benefits | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Fixed annuities guaranteed benefits | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.1575	0.1575
Fixed annuities guaranteed benefits | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8618
Fixed annuities guaranteed benefits | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.6843	1.6843
Fixed annuities guaranteed benefits | Maximum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9750	0.9750
Fixed annuities guaranteed benefits | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0235	0.0229
Fixed annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,508	$ 1,111
Fixed index annuities guaranteed benefits | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0625	0.0625
Fixed index annuities guaranteed benefits | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0020	0.0020
Fixed index annuities guaranteed benefits | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
Fixed index annuities guaranteed benefits | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2413	0.2400
Fixed index annuities guaranteed benefits | Minimum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.6000	0.6000
Fixed index annuities guaranteed benefits | Minimum | Option budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Fixed index annuities guaranteed benefits | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Fixed index annuities guaranteed benefits | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Fixed index annuities guaranteed benefits | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4965	0.4975
Fixed index annuities guaranteed benefits | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5000	0.5000
Fixed index annuities guaranteed benefits | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8618
Fixed index annuities guaranteed benefits | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.3080	1.4600
Fixed index annuities guaranteed benefits | Maximum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9750	0.9750
Fixed index annuities guaranteed benefits | Maximum | Option budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0600	0.0600
Fixed index annuities guaranteed benefits | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2050	0.3000
Fixed index annuities guaranteed benefits | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0235	0.0229
Fixed index annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 2,976	$ 2,420
Index credits on fixed index annuities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Policyholder contract deposits		$ 1,800	$ 1,500
Index credits on fixed index annuities | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0625	0.0625
Index credits on fixed index annuities | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0020	0.0020
Index credits on fixed index annuities | Minimum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2000	0.2000
Index credits on fixed index annuities | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2413	0.2400
Index credits on fixed index annuities | Minimum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.6000	0.6000
Index credits on fixed index annuities | Minimum | Option budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index credits on fixed index annuities | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index credits on fixed index annuities | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index credits on fixed index annuities | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4965	0.4975
Index credits on fixed index annuities | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.5000	0.5000
Index credits on fixed index annuities | Maximum | Dynamic lapse multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.8618	1.8618
Index credits on fixed index annuities | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.3080	1.4600
Index credits on fixed index annuities | Maximum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.9750	0.9750
Index credits on fixed index annuities | Maximum | Option budget
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0600	0.0600
Index credits on fixed index annuities | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2050	0.3000
Index credits on fixed index annuities | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0235	0.0229
Index credits on fixed index annuities | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 8,905	$ 6,953
Index universal life | Minimum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0585	0.0585
Index universal life | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index universal life | Minimum | Mortality rates
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index universal life | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Index universal life | Maximum | Equity Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.1977	0.2036
Index universal life | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3797	0.3797
Index universal life | Maximum | Mortality rates
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1	1
Index universal life | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0235	0.0229
Index universal life | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,184	$ 989
[1]See Note 8 for details of balances associated with variable interest entities

Fair Value Measurements - Inves

Fair Value Measurements - Investments in certain other invested assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	$ 7,803	$ 7,690
Private Equity Funds and Hedge Funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5,945	5,840
Unfunded Commitments	2,837	2,770
Private equity funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5,739	5,541
Unfunded Commitments	2,837	2,770
Leveraged buyout
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	2,687	2,445
Unfunded Commitments	1,867	1,755
Real estate
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,033	1,074
Unfunded Commitments	551	540
Venture capital
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	192	203
Unfunded Commitments	81	91
Growth equity
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	474	485
Unfunded Commitments	101	109
Mezzanine
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	113	152
Unfunded Commitments	30	42
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,240	1,182
Unfunded Commitments	207	233
Hedge funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	206	299
Unfunded Commitments	0	0
Event-driven
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	4	4
Unfunded Commitments	0	0
Long-short
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	162	161
Unfunded Commitments	0	0
Macro
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1	69
Unfunded Commitments	0	0
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	39	65
Unfunded Commitments	$ 0	$ 0

Fair Value Measurements - Gains

Fair Value Measurements - Gains or losses recorded related to fair value option (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 338	$ 13	$ 625	$ 225
Total liabilities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	(4)	6	(1)	8
Policyholder contract deposits
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	(4)	6	(1)	8
Total assets
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	342	7	626	217
Other bond securities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	252	(28)	427	101
Alternative investments
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 90	$ 35	$ 199	$ 116

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets measured at fair value on a non-recurring basis and related impairment charges (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments	[1]	$ 10,087		$ 10,087		$ 10,257
Impairment Charges				55	$ 20
Non-Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		101		101		80
Total		101		101		80
Impairment Charges		5	$ 9	51	9
Non-Recurring Basis | Other investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment Charges		5	$ 9	51	$ 9
Non-Recurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		0		0
Total		0		0		0
Non-Recurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0		0		0
Total		0		0		0
Non-Recurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		101		101		80
Total		$ 101		$ 101		$ 80
[1]See Note 8 for details of balances associated with variable interest entities

Fair Value Measurements - Carry

Fair Value Measurements - Carrying values and estimated fair values of our financial instruments not measured at fair value (Details) - USD ($) $ in Millions		Sep. 30, 2024		Dec. 31, 2023		Sep. 30, 2023
Assets:
Mortgage and other loans receivable	[1]	$ 51,653		$ 46,867
Other investments	[1]	10,087		10,257
Short-term investments	[1]	4,898		4,336
Cash		530	[1]	612	[1]	$ 569
Other assets	[1]	2,239		2,294
Liabilities:
Short-term debt		0		250
Consolidated VIE
Assets:
Mortgage and other loans receivable		1,939		1,941
Short-term investments		212		130
Cash		53		61
Other assets		74		95
Liabilities:
Other liabilities		72		83
Estimated Fair Value
Assets:
Mortgage and other loans receivable		49,617		43,949
Other investments		277		268
Short-term investments		4,382		2,928
Cash		530		612
Other assets		15		13
Liabilities:
Policyholder contract deposits associated with investment-type contracts		143,878		130,184
Fortitude Re funds withheld payable		22,568		23,775
Other liabilities		5,040		2,467
Short-term debt		0		250
Long-term debt		9,632		8,722
Separate account liabilities - investment contracts		92,301		87,215
Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		2,034		2,273
Carrying Value
Assets:
Mortgage and other loans receivable		51,653		46,867
Other investments		277		268
Short-term investments		4,382		2,928
Cash		530		612
Other assets		14		13
Liabilities:
Policyholder contract deposits associated with investment-type contracts		148,620		140,652
Fortitude Re funds withheld payable		22,568		23,775
Other liabilities		5,040		2,467
Short-term debt		0		250
Long-term debt		9,865		9,118
Separate account liabilities - investment contracts		92,301		87,215
Carrying Value | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Short-term investments				11
Cash				3
Carrying Value | Consolidated VIE
Liabilities:
Long-term debt		2,149		2,504
Level 1 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		0		0
Other investments		0		0
Short-term investments		0		0
Cash		530		612
Other assets		13		13
Liabilities:
Policyholder contract deposits associated with investment-type contracts		0		0
Fortitude Re funds withheld payable		0		0
Other liabilities		0		0
Short-term debt		0		0
Long-term debt		0		0
Separate account liabilities - investment contracts		0		0
Level 1 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		0		0
Level 2 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		29		30
Other investments		277		268
Short-term investments		4,382		2,928
Cash		0		0
Other assets		2		0
Liabilities:
Policyholder contract deposits associated with investment-type contracts		78		90
Fortitude Re funds withheld payable		0		0
Other liabilities		5,040		2,467
Short-term debt		0		250
Long-term debt		9,632		8,722
Separate account liabilities - investment contracts		92,301		87,215
Level 2 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		30		43
Level 3 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		49,588		43,919
Other investments		0		0
Short-term investments		0		0
Cash		0		0
Other assets		0		0
Liabilities:
Policyholder contract deposits associated with investment-type contracts		143,800		130,094
Fortitude Re funds withheld payable		22,568		23,775
Other liabilities		0		0
Short-term debt		0		0
Long-term debt		0		0
Separate account liabilities - investment contracts		0		0
Level 3 | Estimated Fair Value | Consolidated VIE
Liabilities:
Long-term debt		$ 2,004		$ 2,230
[1]See Note 8 for details of balances associated with variable interest entities

Investments - Amortized cost or

Investments - Amortized cost or cost and fair value of available for sale securities (Details) - USD ($) $ in Millions		Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		$ 192,074		$ 184,946
Allowance for Credit Losses		(159)	$ (95)	(128)	$ (110)	$ (90)	$ (148)
Gross Unrealized Gains		3,226		2,186
Gross Unrealized Losses		(16,917)		(20,477)
Bonds available-for-sale	[1]	178,224		166,527
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		1,682		1,436
Allowance for Credit Losses		0		0
Gross Unrealized Gains		28		17
Gross Unrealized Losses		(239)		(233)
Bonds available-for-sale		1,471		1,220
Obligations of states, municipalities and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		5,625		6,466
Allowance for Credit Losses		0		0
Gross Unrealized Gains		54		58
Gross Unrealized Losses		(564)		(693)
Bonds available-for-sale		5,115		5,831
Non-U.S. governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		4,534		4,695
Allowance for Credit Losses		0		(2)
Gross Unrealized Gains		54		43
Gross Unrealized Losses		(615)		(679)
Bonds available-for-sale		3,973		4,057
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		121,754		120,654
Allowance for Credit Losses		(129)		(71)
Gross Unrealized Gains		1,824		1,294
Gross Unrealized Losses		(13,406)		(15,795)
Bonds available-for-sale		110,043		106,082
Mortgage-backed, asset-backed and collateralized
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		58,479		51,695
Allowance for Credit Losses		(30)		(55)
Gross Unrealized Gains		1,266		774
Gross Unrealized Losses		(2,093)		(3,077)
Bonds available-for-sale		57,622		49,337
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		16,931		14,491
Allowance for Credit Losses		(14)		(25)
Gross Unrealized Gains		787		599
Gross Unrealized Losses		(567)		(788)
Bonds available-for-sale		17,137		14,277
RMBS | Related Party
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		0		45
Bonds available-for-sale		0		43
CMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		10,887		11,045
Allowance for Credit Losses		(16)		(30)
Gross Unrealized Gains		77		22
Gross Unrealized Losses		(703)		(1,056)
Bonds available-for-sale		10,245		9,981
CLO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		11,126		11,203
Allowance for Credit Losses		0		0
Gross Unrealized Gains		161		90
Gross Unrealized Losses		(62)		(149)
Bonds available-for-sale		11,225		11,144
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		19,535		14,956
Allowance for Credit Losses		0		0
Gross Unrealized Gains		241		63
Gross Unrealized Losses		(761)		(1,084)
Bonds available-for-sale		$ 19,015		$ 13,935
[1]See Note 8 for details of balances associated with variable interest entities

Investments - Securities availa

Investments - Securities available for sale in a loss position (Details) $ in Millions	Sep. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Fair Value
Less Than 12 Months	$ 17,142	$ 23,061
12 Months or More	92,982	105,834
Total	110,124	128,895
Gross Unrealized Losses
Less Than 12 Months	2,288	2,458
12 Months or More	14,545	17,940
Total	$ 16,833	$ 20,398
Number of securities in an unrealized loss position | security	12,681	15,034
Number of individual securities in continuous unrealized loss position for longer than twelve months | security	11,243	12,787
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	$ 29	$ 22
12 Months or More	740	746
Total	769	768
Gross Unrealized Losses
Less Than 12 Months	5	3
12 Months or More	234	230
Total	239	233
Obligations of states, municipalities and political subdivisions
Fair Value
Less Than 12 Months	343	1,124
12 Months or More	3,742	3,676
Total	4,085	4,800
Gross Unrealized Losses
Less Than 12 Months	45	110
12 Months or More	519	583
Total	564	693
Non-U.S. governments
Fair Value
Less Than 12 Months	438	470
12 Months or More	2,641	2,981
Total	3,079	3,451
Gross Unrealized Losses
Less Than 12 Months	88	82
12 Months or More	527	592
Total	615	674
Corporate debt
Fair Value
Less Than 12 Months	11,570	11,338
12 Months or More	64,728	75,045
Total	76,298	86,383
Gross Unrealized Losses
Less Than 12 Months	1,944	1,760
12 Months or More	11,401	14,009
Total	13,345	15,769
RMBS
Fair Value
Less Than 12 Months	1,076	2,676
12 Months or More	5,438	4,855
Total	6,514	7,531
Gross Unrealized Losses
Less Than 12 Months	30	174
12 Months or More	523	577
Total	553	751
CMBS
Fair Value
Less Than 12 Months	739	1,840
12 Months or More	6,439	6,570
Total	7,178	8,410
Gross Unrealized Losses
Less Than 12 Months	35	159
12 Months or More	659	886
Total	694	1,045
CLO
Fair Value
Less Than 12 Months	1,269	2,992
12 Months or More	1,047	3,823
Total	2,316	6,815
Gross Unrealized Losses
Less Than 12 Months	36	60
12 Months or More	26	89
Total	62	149
ABS
Fair Value
Less Than 12 Months	1,678	2,599
12 Months or More	8,207	8,138
Total	9,885	10,737
Gross Unrealized Losses
Less Than 12 Months	105	110
12 Months or More	656	974
Total	$ 761	$ 1,084

Investments - Amortized cost an

Investments - Amortized cost and fair value of fixed maturity securities available for sale by contractual maturity (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Amortized Cost, Net of Allowance
Due in one year or less		$ 2,969
Due after one year through five years		23,735
Due after five years through ten years		25,146
Due after ten years		81,616
Mortgage-backed, asset-backed and collateralized		58,449
Total		191,915
Fair Value
Due in one year or less		2,952
Due after one year through five years		23,586
Due after five years through ten years		24,303
Due after ten years		69,761
Mortgage-backed, asset-backed and collateralized		57,622
Total	[1]	$ 178,224	$ 166,527
[1]See Note 8 for details of balances associated with variable interest entities

Investments - Gross realized ga

Investments - Gross realized gains and gross realized losses from sales or maturities of available for sale securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fixed maturity securities
Gross Realized Gains	$ 25	$ 14	$ 40	$ 98
Gross Realized Losses	(113)	(23)	(1,012)	(441)
Net Investment Income [Line Items]
Aggregate fair value of available for sale securities sold	700	500	5,700	6,200
Net realized gains (losses)	(88)	(9)	(972)	(343)
Fortitude RE Funds Withheld Assets
Net Investment Income [Line Items]
Net realized gains (losses)	$ (1)	$ (5)	$ (72)	$ (68)

Investments - Value of other se

Investments - Value of other securities measured at fair value based on election of the fair value option (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities	[1]	$ 5,319	$ 4,578
Equity securities	[1]	258	63
Total
Debt and Equity Securities, FV-NI [Line Items]
Total		$ 5,577	$ 4,641
Total | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		100%	100%
Fixed maturity securities
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 5,319	$ 4,578
Fixed maturity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		95%	99%
Fixed maturity securities | Obligations of states, municipalities and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 41	$ 40
Fixed maturity securities | Obligations of states, municipalities and political subdivisions | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		1%	1%
Fixed maturity securities | Non-U.S. governments
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 29	$ 13
Fixed maturity securities | Non-U.S. governments | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		0%	0%
Fixed maturity securities | Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 3,037	$ 2,653
Fixed maturity securities | Corporate debt | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		54%	57%
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 2,212	$ 1,872
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		40%	41%
Fixed maturity securities | RMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 166	$ 170
Fixed maturity securities | RMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		3%	4%
Fixed maturity securities | CMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 234	$ 228
Fixed maturity securities | CMBS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		4%	5%
Fixed maturity securities | CLO
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 487	$ 423
Fixed maturity securities | CLO | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		9%	9%
Fixed maturity securities | ABS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 1,325	$ 1,051
Fixed maturity securities | ABS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		24%	23%
Equity securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities		$ 258	$ 63
Equity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		5%	1%
[1]See Note 8 for details of balances associated with variable interest entities

Investments - Carrying amounts

Investments - Carrying amounts of other invested assets (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Investments [Line Items]
Alternative Investment		$ 7,803	$ 7,690
Investment real estate		1,690	1,932
All other investments		594	635
Total	[1]	10,087	10,257
Accumulated depreciation on investment in real estate		644	680
Fortitude Re Funds Withheld Assets
Investments [Line Items]
All other investments		156	156
Hedge Funds
Investments [Line Items]
Total		206	299
Private equity funds
Investments [Line Items]
Alternative Investment		5,739	5,541
Total		$ 7,600	$ 7,400
[1]See Note 8 for details of balances associated with variable interest entities

Investments - Equity method inv

Investments - Equity method investments (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Carrying amount of equity method investments	$ 2.8	$ 2.9

Investments - Components of net

Investments - Components of net investment income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Investment Income [Line Items]
Total investment income	$ 3,485	$ 2,789	$ 9,767	$ 8,504
Investment expenses	189	132	559	438
Net investment income	3,296	2,657	9,208	8,066
Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	2,962	2,548	8,570	7,584
Investment expenses	181	124	534	415
Net investment income	2,781	2,424	8,036	7,169
Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	523	241	1,197	920
Investment expenses	8	8	25	23
Net investment income	515	233	1,172	897
Available-for-sale fixed maturity securities, including short-term investments
Net Investment Income [Line Items]
Total investment income	2,384	2,177	7,120	6,403
Available-for-sale fixed maturity securities, including short-term investments | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	2,202	1,976	6,560	5,777
Available-for-sale fixed maturity securities, including short-term investments | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	182	201	560	626
Other bond securities
Net Investment Income [Line Items]
Total investment income	252	(28)	427	101
Other bond securities | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	22	7	48	25
Other bond securities | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	230	(35)	379	76
Equity securities
Net Investment Income [Line Items]
Total investment income	2	9	5	41
Equity securities | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	2	9	5	41
Equity securities | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	0	0	0	0
Interest on mortgage and other loans
Net Investment Income [Line Items]
Total investment income	704	580	1,972	1,755
Interest on mortgage and other loans | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	657	529	1,829	1,605
Interest on mortgage and other loans | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	47	51	143	150
Alternative investments
Net Investment Income [Line Items]
Total investment income	119	18	178	141
Alternative investments | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	59	(7)	59	72
Alternative investments | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	60	25	119	69
Real estate
Net Investment Income [Line Items]
Total investment income	10	9	24	28
Real estate | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	7	9	29	28
Real estate | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	3	0	(5)	0
Other investments
Net Investment Income [Line Items]
Total investment income	14	24	41	35
Other investments | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	13	25	40	36
Other investments | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	$ 1	$ (1)	$ 1	$ (1)

Investments - Components of n_2

Investments - Components of net realized gains (losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Components of net realized capital gains (losses)
Sales of fixed maturity securities	$ (88)	$ (9)	$ (972)	$ (343)
Net realized gains (losses)	(2,327)	1,220	(3,394)	(558)
Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(975)	368	(1,843)	(397)
Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,352)	852	(1,551)	(161)
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(88)	(9)	(972)	(343)
Intent to sell	0	0	(47)	0
Change in allowance for credit losses on fixed maturity securities	(85)	(48)	(204)	(93)
Foreign exchange transactions, net of related hedges	(336)	115	(235)	20
Index-Linked interest credited embedded derivatives, net of related hedges	(285)	133	(367)	(186)
All other derivatives and hedge accounting	(64)	(29)	(81)	36
Sales of alternative investments and real estate investments	65	39	92	47
Other	(12)	(11)	(65)	(57)
Net realized gains (losses)	(818)	140	(1,943)	(735)
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	(13)	(50)	(64)	(159)
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	(87)	(4)	(900)	(275)
Intent to sell	0	0	(15)	0
Change in allowance for credit losses on fixed maturity securities	(85)	(41)	(197)	(84)
Foreign exchange transactions, net of related hedges	(354)	135	(253)	31
Index-Linked interest credited embedded derivatives, net of related hedges	(285)	133	(367)	(186)
All other derivatives and hedge accounting	(195)	141	(72)	235
Sales of alternative investments and real estate investments	58	40	89	48
Other	(12)	(11)	(65)	(59)
Net realized gains (losses)	(975)	368	(1,843)	(397)
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	(15)	(25)	(63)	(107)
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	(1)	(5)	(72)	(68)
Intent to sell	0	0	(32)	0
Change in allowance for credit losses on fixed maturity securities	0	(7)	(7)	(9)
Foreign exchange transactions, net of related hedges	18	(20)	18	(11)
Index-Linked interest credited embedded derivatives, net of related hedges	0	0	0	0
All other derivatives and hedge accounting	131	(170)	(9)	(199)
Sales of alternative investments and real estate investments	7	(1)	3	(1)
Other	0	0	0	2
Net realized gains (losses)	157	(228)	(100)	(338)
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	2	(25)	(1)	(52)
Fortitude Re funds withheld embedded derivative
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,509)	1,080	(1,451)	177
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)	$ (1,509)	$ 1,080	$ (1,451)	$ 177

Investments - Schedule of chang

Investments - Schedule of changes in unrealized appreciation (depreciation) of available for sale securities and other investments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments		$ (6,450)	$ 4,793	$ (4,202)
Net gains (losses) recognized during the period on equity securities and other investments	$ 144	65	300	252
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	(2)	32	18	74
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	146	33	282	178
Continuing Operations, Excluding Held-For-Sale
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	7,030	(6,370)	4,724	(4,122)
Fixed maturity securities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	7,030	(6,369)	4,721	(4,133)
Other investments
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	0	(1)	3	11
Equities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	2	9	5	42
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	(4)	26	12	59
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	6	(17)	(7)	(17)
Other invested assets
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	142	56	295	210
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	2	6	6	15
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	$ 140	$ 50	$ 289	$ 195

Investments - Rollforward of ch

Investments - Rollforward of changes in allowance for credit losses on available for sale fixed maturity securities by major investment category (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 95	$ 90	$ 128	$ 148
Additions:
Securities for which allowance for credit losses were not previously recorded	57	59	102	102
Reductions:
Securities sold during the period	(3)	(4)	(29)	(32)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis	28	(11)	102	(9)
Write-offs charged against the allowance	(16)	(24)	(144)	(99)
Other	(2)	0	0	0
Balance, end of period	159	110	159	110
Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	38	40	55	27
Additions:
Securities for which allowance for credit losses were not previously recorded	5	12	19	27
Reductions:
Securities sold during the period	(3)	(1)	(18)	(2)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis	(4)	3	42	2
Write-offs charged against the allowance	(5)	(16)	(68)	(16)
Other	(1)	0	0	0
Balance, end of period	30	38	30	38
Non-Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	57	50	73	121
Additions:
Securities for which allowance for credit losses were not previously recorded	52	47	83	75
Reductions:
Securities sold during the period	0	(3)	(11)	(30)
Additional net increases or decreases to the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery, amortized cost basis	32	(14)	60	(11)
Write-offs charged against the allowance	(11)	(8)	(76)	(83)
Other	(1)	0	0	0
Balance, end of period	$ 129	$ 72	$ 129	$ 72

Investments - Pledged investmen

Investments - Pledged investments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	$ 5,071	$ 2,655
Securities collateral pledged to us	5,071	2,655
Amounts borrowed under repurchase and securities lending agreements	5,000	2,500
Securities pledged under repurchase agreements	5,071	2,655
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	10,400	8,100
Federal Home Loan Bank stock	277	268
Loans	52,421	47,565
Policyholder contract deposits	172,177	162,050	$ 159,858
Guaranteed Investment Contract
Financial Instruments Owned and Pledged as Collateral [Line Items]
Policyholder contract deposits	113	53
Asset Pledged as Collateral | Federal Home Loan Bank Advances
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	4,400	4,800
Loans	3,100	3,000
Asset Pledged as Collateral | Deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	103	63
Asset Pledged as Collateral | Collateralized Reinsurance Transactions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	616	490
Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	52	209
Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	5,019	2,446
Overnight and Continuous
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	13	38
Overnight and Continuous | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Overnight and Continuous | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	13	38
Up to 30 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	5,019	2,617
Up to 30 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	52	209
Up to 30 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	4,967	2,408
31 - 90 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	39	0
31 - 90 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
31 - 90 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	39	0
91 - 364 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
91 - 364 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
91 - 364 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
365 Days or Greater
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
365 Days or Greater | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
365 Days or Greater | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	$ 0	$ 0

Lending Activities - Compositio

Lending Activities - Composition of mortgages and other loans receivable (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 52,421	$ 47,565
Allowance for credit losses		(768)	(698)	$ (758)	$ (752)	$ (689)	$ (600)
Mortgage and other loans receivable, net	[1]	51,653	46,867
Off-balance-sheet commitments		39	58
Commercial Mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		36,118	34,172
Allowance for credit losses		$ (651)	$ (614)	$ (654)	(681)	$ (621)	$ (531)
Weighted average loan-to-value ratio (as a percent)		60%	59%
Weighted average debt service coverage ratio		1.9	1.9
Off-balance-sheet commitments		$ 39			$ 61
Loans on nonacrrual status		1,100	$ 419
Accrued interest receivable		$ 176	$ 162
Commercial Mortgages | New York
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		63%	61%
Weighted average debt service coverage ratio		1.9	1.9
Commercial Mortgages | California
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		56%	55%
Weighted average debt service coverage ratio		2.1	2.1
Commercial Mortgages | Geographic Concentration Risk | Interest on mortgage and other loans | New York
Composition of Mortgages and other loans receivable
Percentage of mortgage loans in geographic area		17%	19%
Commercial Mortgages | Geographic Concentration Risk | Interest on mortgage and other loans | California
Composition of Mortgages and other loans receivable
Percentage of mortgage loans in geographic area		10%	10%
Residential mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 11,115	$ 8,445
Loans on nonacrrual status		57	27
Accrued interest receivable		55	20
Life insurance policy loans
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		1,742	1,746
Commercial loans, other loans and notes receivable
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 3,446	$ 3,202
[1]See Note 8 for details of balances associated with variable interest entities

Lending Activities - Credit qua

Lending Activities - Credit quality of commercial mortgages (Details) $ in Millions	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 52,421	$ 47,565
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,529	2,447
2023	2,586	7,159
2022	7,589	3,275
2021	2,848	1,564
2020	1,608	4,969
Prior	18,958	14,758
Total	$ 36,118	$ 34,172
Weighted average debt service coverage ratio	1.9	1.9
Weighted average loan-to-value ratio (as a percent)	60%	59%
Less than 65% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	$ 2,406	$ 2,088
2023	2,178	4,470
2022	4,598	2,249
2021	2,147	1,126
2020	861	2,676
Prior	12,358	10,186
Total	24,548	22,795
65% to 75% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	123	280
2023	408	1,748
2022	2,387	658
2021	411	287
2020	590	1,916
Prior	3,714	2,853
Total	7,633	7,742
76% to 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0	0
2023	0	343
2022	0	89
2021	207	0
2020	0	377
Prior	997	340
Total	1,204	1,149
Greater than 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0	79
2023	0	598
2022	604	279
2021	83	151
2020	157	0
Prior	1,889	1,379
Total	2,733	2,486
Greater than 1.2X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,256	2,156
2023	2,302	6,042
2022	6,744	1,955
2021	2,766	1,252
2020	1,364	4,813
Prior	16,022	11,675
Total	31,454	27,893
1.00 - 1.20X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	273	291
2023	284	1,077
2022	820	1,320
2021	82	312
2020	244	156
Prior	1,805	2,334
Total	3,508	5,490
Less than 1.00X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0	0
2023	0	40
2022	25	0
2021	0	0
2020	0	0
Prior	1,131	749
Total	$ 1,156	$ 789

Lending Activities - Credit q_2

Lending Activities - Credit quality performance indicators for commercial mortgages (Details) $ in Millions	Sep. 30, 2024 USD ($) loan	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($) loan	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 52,421		$ 47,565
Allowance for credit losses	$ 768	$ 758	$ 698	$ 752	$ 689	$ 600
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	598		601
Total	$ 36,118		$ 34,172
Allowance for credit losses	$ 651	$ 654	$ 614	$ 681	$ 621	$ 531
Percent of Total	100%		100%
Percentage of total, allowance for credit losses	2%		2%
Commercial Mortgages | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	594		600
Total	$ 35,750		$ 34,154
Percent of Total	99%		100%
Commercial Mortgages | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	0		1
Total	$ 0		$ 18
Percent of Total	0%		0%
Commercial Mortgages | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	4		0
Total	$ 368		$ 0
Percent of Total	1%		0%
Commercial Mortgages | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 14,673		$ 13,861
Allowance for credit losses	70		85
Commercial Mortgages | Apartments | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	14,673		13,861
Commercial Mortgages | Apartments | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Apartments | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Offices
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,605		8,486
Allowance for credit losses	375		340
Commercial Mortgages | Offices | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,417		8,468
Commercial Mortgages | Offices | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		18
Commercial Mortgages | Offices | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	188		0
Commercial Mortgages | Offices | >90 days delinquent or in process of foreclosure | Fortitude RE Funds Withheld Assets
Financing Receivable, Credit Quality Indicator [Line Items]
Total	64
Commercial Mortgages | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total	4,034		3,787
Allowance for credit losses	88		74
Commercial Mortgages | Retail | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,854		3,787
Commercial Mortgages | Retail | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Retail | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	180		0
Commercial Mortgages | Retail | >90 days delinquent or in process of foreclosure | Fortitude RE Funds Withheld Assets
Financing Receivable, Credit Quality Indicator [Line Items]
Total	20
Commercial Mortgages | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total	6,514		5,908
Allowance for credit losses	82		83
Commercial Mortgages | Industrial | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	6,514		5,908
Commercial Mortgages | Industrial | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Industrial | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Hotel
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,849		1,805
Allowance for credit losses	32		27
Commercial Mortgages | Hotel | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,849		1,805
Commercial Mortgages | Hotel | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Hotel | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Others
Financing Receivable, Credit Quality Indicator [Line Items]
Total	443		325
Allowance for credit losses	4		5
Commercial Mortgages | Others | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	443		325
Commercial Mortgages | Others | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial Mortgages | Others | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 0		$ 0

Lending Activities - Credit q_3

Lending Activities - Credit quality of residential mortgages (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 52,421	$ 47,565
Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	2,006	1,950
2023	2,159	1,412
2022	1,587	2,964
2021	3,031	837
2020	834	388
Prior	1,498	894
Total	11,115	8,445
Residential mortgages | Consumer Borrower
Financing Receivable, Credit Quality Indicator [Line Items]
Total	7,900	6,700
780 and greater | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	554	514
2023	650	528
2022	690	2,280
2021	2,268	619
2020	626	239
Prior	808	497
Total	5,596	4,677
720 - 779 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	1,077	1,121
2023	1,131	608
2022	602	558
2021	577	168
2020	152	99
Prior	361	209
Total	3,900	2,763
660 - 719 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	375	313
2023	363	256
2022	240	113
2021	152	40
2020	40	37
Prior	214	120
Total	1,384	879
600 - 659 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0	2
2023	13	20
2022	35	11
2021	23	8
2020	11	9
Prior	82	51
Total	164	101
Less than 600 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
2024	0	0
2023	2	0
2022	20	2
2021	11	2
2020	5	4
Prior	33	17
Total	$ 71	$ 25

Lending Activities - Rollforwar

Lending Activities - Rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	$ 758	$ 689	$ 698	$ 600
Loans charged off			(13)	(5)
Net charge-offs	(7)	(1)	(13)	(5)
Addition to (release of) allowance for loan losses	17	64	83	157
Allowance, end of period	768	752	768	752
Off-balance-sheet commitments	39		39		$ 58
Commercial Mortgages
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	654	621	614	531
Loans charged off			(6)	(5)
Net charge-offs	(6)	(1)	(6)	(5)
Addition to (release of) allowance for loan losses	3	61	43	155
Allowance, end of period	651	681	651	681
Off-balance-sheet commitments	39	61	39	61
Other Loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	104	68	84	69
Loans charged off			(7)	0
Net charge-offs	(1)	0	(7)	0
Addition to (release of) allowance for loan losses	14	3	40	2
Allowance, end of period	$ 117	$ 71	$ 117	$ 71

Lending Activities - Loan Modif

Lending Activities - Loan Modification (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Composition of Mortgages and other loans receivable
Weighted average term increase from modification (less than)	1 year
Commercial Mortgages
Composition of Mortgages and other loans receivable
Financing receivable, modified loans to percent of two portfolio segments (as a percent) (less than)	1%
Other Loans
Composition of Mortgages and other loans receivable
Financing receivable, modified loans to percent of two portfolio segments (as a percent) (less than)	5%
Commercial Mortgage Loans | Extended Maturity
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	$ 139
Commercial Mortgage Loans | Extended Maturity | Fortitude RE
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	11
Commercial loans, other loans and notes receivable | Extended Maturity
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	$ 168

Reinsurance - Summary of the co

Reinsurance - Summary of the composition of pool of assets (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Effects of Reinsurance [Line Items]
Bonds available-for-sale	[1]	$ 178,224	$ 166,527
Fixed maturity securities - fair value option	[1]	5,319	4,578
Loans		52,421	47,565
Investment real estate		1,690	1,932
Private equity funds/hedge funds		7,803	7,690
Short-term Investments	[1]	4,898	4,336
Derivative assets net, carrying value		697	393
Derivative assets net, fair value		9,145	5,925
Other assets	[1]	2,239	2,294
Total assets		399,422	379,270
Carrying Value
Effects of Reinsurance [Line Items]
Short-term Investments		4,382	2,928
Other assets		14	13
Commercial Mortgages
Effects of Reinsurance [Line Items]
Loans		36,118	34,172
Policy loans
Effects of Reinsurance [Line Items]
Loans		1,742	1,746
Fortitude Holdings
Effects of Reinsurance [Line Items]
Derivative asset, fair value of collateral		0	62
Derivative liability, Fair value of collateral		157	6
Fortitude Holdings | Carrying Value
Effects of Reinsurance [Line Items]
Bonds available-for-sale		14,561	15,204
Fixed maturity securities - fair value option		4,951	4,212
Investment real estate		207	184
Private equity funds/hedge funds		1,901	1,910
Short-term Investments		195	129
Funds withheld investment assets		25,399	25,347
Derivative assets net, carrying value		0	45
Other assets		598	641
Total assets		25,997	26,033
Fortitude Holdings | Fair Value
Effects of Reinsurance [Line Items]
Bonds available-for-sale		14,561	15,204
Fixed maturity securities - fair value option		4,951	4,212
Investment real estate		296	329
Private equity funds/hedge funds		1,901	1,910
Short-term Investments		195	129
Funds withheld investment assets		25,311	25,271
Derivative assets net, fair value		0	45
Other assets		598	641
Total		25,909	25,957
Fortitude Holdings | Commercial Mortgages | Carrying Value
Effects of Reinsurance [Line Items]
Loans		3,266	3,378
Fortitude Holdings | Commercial Mortgages | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		3,089	3,157
Fortitude Holdings | Policy loans | Carrying Value
Effects of Reinsurance [Line Items]
Loans		318	330
Fortitude Holdings | Policy loans | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		$ 318	$ 330
[1]See Note 8 for details of balances associated with variable interest entities

Reinsurance - Summary of the im

Reinsurance - Summary of the impact of funds withheld (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	$ 3,296	$ 2,657	$ 9,208	$ 8,066
Net realized losses on Fortitude Re funds withheld assets	(2,327)	1,220	(3,394)	(558)
Income (loss) before income tax expense (benefit)	(1,594)	2,461	(122)	2,703
Income tax expense (benefit)	(407)	392	(103)	336
Net income (loss)	(1,187)	2,069	(19)	2,367
Comprehensive income (loss)	3,446	(2,046)	3,600	(57)
Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	515	233	1,172	897
Fortitude Holdings
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	515	233	1,172	897
Net realized losses on Fortitude Re funds withheld assets	(1,352)	852	(1,551)	(161)
Income (loss) before income tax expense (benefit)	(837)	1,085	(379)	736
Income tax expense (benefit)	(176)	228	(80)	155
Net income (loss)	(661)	857	(299)	581
Comprehensive income (loss)	(25)	37	5	47
Fortitude Holdings | Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net realized losses on Fortitude Re funds withheld assets	157	(228)	(100)	(338)
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives
Effects of Reinsurance [Line Items]
Net realized losses on Fortitude Re funds withheld assets	(1,509)	1,080	(1,451)	177
Fortitude Holdings | Other investments
Effects of Reinsurance [Line Items]
Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale	$ 636	$ (820)	$ 304	$ (534)

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details) $ in Billions	Sep. 30, 2024 USD ($)
Insurance [Abstract]
Reinsurance recoverables	$ 27.9
Investment grade reinsurance recoverables (as a percent)	95%
Non-investment grade reinsurance recoverables (as a percent)	5%

Reinsurance - Rollforward of th

Reinsurance - Rollforward of the reinsurance recoverable allowance for credit losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Reinsurance Recoverable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 12	$ 66	$ 30	$ 84
Current period provision for expected credit losses and disputes	0	4	(8)	(14)
Write-offs charged against the allowance for credit losses and disputes	0	0	(10)	0
Balance, end of period	$ 12	$ 70	$ 12	$ 70

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Millions		Sep. 30, 2024		Dec. 31, 2023		Sep. 30, 2023
Assets:
Bonds available-for-sale	[1]	$ 178,224		$ 166,527
Other bond securities	[1]	5,319		4,578
Equity securities	[1]	258		63
Mortgage and other loans receivable	[1]	51,653		46,867
Other invested assets	[1]	10,087		10,257
Short-term Investments	[1]	4,898		4,336
Cash		530	[1]	612	[1]	$ 569
Accrued investment income	[1]	2,197		2,008
Other assets	[1]	2,239		2,294
Total assets		399,422		379,270
Liabilities:
Total liabilities		384,980		366,635
Real Estate and Investment Entities | External Entities
Liabilities:
Off-balance sheet exposure associated with VIEs		400		400
Consolidated VIE
Assets:
Bonds available-for-sale		37		112
Other bond securities		44		45
Equity securities		4		8
Mortgage and other loans receivable		1,939		1,941
Short-term Investments		212		130
Cash		53		61
Accrued investment income		7		7
Other assets		74		95
Total assets		6,168		6,582
Liabilities:
Debt of consolidated investment entities		1,878		2,266
Other liabilities		72		83
Total liabilities		1,950		2,349
Consolidated VIE | Alternative investments
Assets:
Other invested assets		2,576		2,695
Consolidated VIE | Investment real estate
Assets:
Other invested assets		1,222		1,488
Consolidated VIE | Real Estate and Investment Entities
Assets:
Bonds available-for-sale		37		36
Other bond securities		44		45
Equity securities		4		8
Mortgage and other loans receivable		0		0
Short-term Investments		211		125
Cash		53		61
Accrued investment income		2		2
Other assets		74		93
Total assets		4,223		4,553
Liabilities:
Debt of consolidated investment entities		884		1,117
Other liabilities		72		82
Total liabilities		956		1,199
Consolidated VIE | Real Estate and Investment Entities | Alternative investments
Assets:
Other invested assets		2,576		2,695
Consolidated VIE | Real Estate and Investment Entities | Investment real estate
Assets:
Other invested assets		1,222		1,488
Consolidated VIE | Securitization Vehicles
Assets:
Bonds available-for-sale		0		76
Other bond securities		0		0
Equity securities		0		0
Mortgage and other loans receivable		1,939		1,941
Short-term Investments		1		5
Cash		0		0
Accrued investment income		5		5
Other assets		0		2
Total assets		1,945		2,029
Liabilities:
Debt of consolidated investment entities		994		1,149
Other liabilities		0		1
Total liabilities		994		1,150
Consolidated VIE | Securitization Vehicles | Alternative investments
Assets:
Other invested assets		0		0
Consolidated VIE | Securitization Vehicles | Investment real estate
Assets:
Other invested assets		0		0
Corebridge Entities | Real Estate and Investment Entities
Liabilities:
Off-balance sheet exposure associated with VIEs		$ 700		$ 1,200
[1]See Note 8 for details of balances associated with variable interest entities

Variable Interest Entities - In

Variable Interest Entities - Interests in Consolidated VIEs in the Consolidated Income Statements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
VARIABLE INTEREST ENTITY
Total revenue	$ 2,616	$ 5,505	$ 12,162	$ 15,524
Net (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Net income (loss) attributable to Corebridge	(1,184)	2,101	59	2,413
Consolidated VIE
VARIABLE INTEREST ENTITY
Total revenue	78	(3)	56	143
Net (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Net income (loss) attributable to Corebridge	58	7	55	113
Consolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total revenue	59	(21)	2	48
Net (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Net income (loss) attributable to Corebridge	45	(5)	24	47
Consolidated VIE | Securitization And Repackaging And Vehicles
VARIABLE INTEREST ENTITY
Total revenue	19	18	54	95
Net (loss) attributable to noncontrolling interests	0	0	0	0
Net income (loss) attributable to Corebridge	$ 13	$ 12	$ 31	$ 66

Variable Interest Entities - Un

Variable Interest Entities - Unconsolidated VIEs (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
VARIABLE INTEREST ENTITY
Maximum Exposure to Loss, On-Balance Sheet		$ 399,422	$ 379,270
Other investments	[1]	10,087	10,257
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets		437,913	398,978
Maximum Exposure to Loss, On-Balance Sheet		5,754	5,532
Maximum Exposure to Loss, Off-Balance Sheet		2,819	2,870
Total		8,573	8,402
Other investments		5,700	5,500
Unconsolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total VIE Assets		437,913	398,978
Maximum Exposure to Loss, On-Balance Sheet		5,754	5,532
Maximum Exposure to Loss, Off-Balance Sheet		2,819	2,870
Total		$ 8,573	$ 8,402
[1]See Note 8 for details of balances associated with variable interest entities

Variable Interest Entities - Na

Variable Interest Entities - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
VARIABLE INTEREST ENTITY
Total VIE Assets	$ 399,422	$ 379,270
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets	5,754	5,532
Unconsolidated VIE | RMBS, CMBS, Oher ABS, And CLOs
VARIABLE INTEREST ENTITY
Total VIE Assets	2,700	3,100
Off-balance sheet exposure associated with VIEs	$ 2,500	$ 2,200

Derivatives and Hedge Account_3

Derivatives and Hedge Accounting - Notional amounts and fair values of derivative instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Gross Derivative Assets
Notional Amount	$ 172,614	$ 173,953
Fair Value	9,145	5,925
Counterparty Netting	(5,611)	(3,646)
Cash Collateral	(2,837)	(1,886)
Total derivative assets	697	393
Gross Derivative Liabilities
Notional Amount	77,028	68,961
Fair Value	6,101	4,588
Counterparty Netting	(5,611)	(3,646)
Cash Collateral	(281)	(801)
Total derivative liabilities on consolidated balance sheet	209	141
Bifurcated embedded derivatives assets, fair value	0	0
Bifurcated embedded derivative liabilities, fair value	13,600	10,200
Derivatives designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	8,479	2,213
Fair Value	394	238
Gross Derivative Liabilities
Notional Amount	2,313	833
Fair Value	26	18
Derivatives designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	3,075	2,918
Fair Value	340	354
Gross Derivative Liabilities
Notional Amount	5,040	4,829
Fair Value	140	164
Derivatives not designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	54,165	41,056
Fair Value	3,368	2,709
Gross Derivative Liabilities
Notional Amount	39,630	41,225
Fair Value	3,393	3,260
Derivatives not designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	6,537	6,260
Fair Value	545	586
Gross Derivative Liabilities
Notional Amount	9,422	7,878
Fair Value	443	399
Derivatives not designated as hedging instruments | Equity contracts
Gross Derivative Assets
Notional Amount	52,919	76,561
Fair Value	4,351	2,017
Gross Derivative Liabilities
Notional Amount	20,563	14,144
Fair Value	2,098	745
Derivatives not designated as hedging instruments | Credit contracts
Gross Derivative Assets
Notional Amount	3,005	305
Fair Value	134	8
Gross Derivative Liabilities
Notional Amount	5	5
Fair Value	0	0
Derivatives not designated as hedging instruments | Other contracts
Gross Derivative Assets
Notional Amount	44,434	44,640
Fair Value	13	13
Gross Derivative Liabilities
Notional Amount	55	47
Fair Value	$ 1	$ 2

Derivatives and Hedge Account_4

Derivatives and Hedge Accounting - Notional amounts of derivatives with related parties and third parties (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Gross Derivative Assets
Derivative asset, notional amount	$ 172,614	$ 173,953
Derivative assets net, fair value	9,145	5,925
Gross Derivative Liabilities
Notional Amount	77,028	68,961
Fair Value	6,101	4,588
Related Party
Gross Derivative Assets
Derivative asset, notional amount	2,161	53,163
Derivative assets net, fair value	32	622
Gross Derivative Liabilities
Notional Amount	0	5,720
Fair Value	0	232
Nonrelated Party
Gross Derivative Assets
Derivative asset, notional amount	170,453	120,790
Derivative assets net, fair value	9,113	5,303
Gross Derivative Liabilities
Notional Amount	77,028	63,241
Fair Value	$ 6,101	$ 4,356

Derivatives and Hedge Account_5

Derivatives and Hedge Accounting - Balance sheet location (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	$ 7,250	$ 7,412
Commercial mortgage and other loans
Derivative [Line Items]
Carrying amount of hedged assets	0	0
Policyholder contract deposits
Derivative [Line Items]
Carrying amount of hedged liabilities	(7,842)	(4,756)
Cumulative Amount of Fair Value Hedging Adjustments Included In the Carrying Amount of the Hedged Assets Liabilities | Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	0	0
Cumulative Amount of Fair Value Hedging Adjustments Included In the Carrying Amount of the Hedged Assets Liabilities | Commercial mortgage and other loans
Derivative [Line Items]
Carrying amount of hedged assets	(23)	(24)
Cumulative Amount of Fair Value Hedging Adjustments Included In the Carrying Amount of the Hedged Assets Liabilities | Policyholder contract deposits
Derivative [Line Items]
Carrying amount of hedged liabilities	$ (96)	$ (31)

Derivatives and Hedge Account_6

Derivatives and Hedge Accounting - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Credit derivatives:
Reclassification into interest expense	$ 7,000,000	$ 7,000,000	$ 21,000,000	$ 21,000,000
Amounts to be reclassified in the next 30 years			$ 153,000,000
Maximum duration of hedging relationship			30 years
Amounts to be reclassified in the next twelve months			$ 28,000,000
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	119,000,000	(11,000,000)	106,000,000	(11,000,000)
Fair value of hybrid securities	0		0		$ 0
Par value of hybrid securities	25,000,000		25,000,000		25,000,000
Currency Swap
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(5,000,000)	3,000,000	(2,000,000)	1,000,000
Net Investment Income
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(14,000,000)	$ (1,000,000)	(21,000,000)	$ (1,000,000)
Nonrelated Party
Credit derivatives:
Collateral posted	1,200,000,000		1,200,000,000		1,400,000,000
Collateral obtained from third parties for derivative transactions	3,500,000,000		3,500,000,000		1,900,000,000
Related Party
Credit derivatives:
Collateral posted	0		0		0
Collateral obtained from third parties for derivative transactions	$ 31,000,000		$ 31,000,000		$ 377,000,000

Derivatives and Hedge Account_7

Derivatives and Hedge Accounting - Fair value hedging relationships (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative instruments gain (loss):
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest credited to policyholder account balances	Interest credited to policyholder account balances	Interest credited to policyholder account balances	Interest credited to policyholder account balances
Derivatives designated as hedging instruments | Fair value hedging | Interest rate contracts
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	$ 137	$ (57)	$ 68	$ (14)
Gains/(losses) recognized in earnings for excluded components	0	0	0	0
Gain (losses) recognized in earnings on hedged items	(140)	54	(71)	3
Net Impact	(3)	(3)	(3)	(11)
Derivatives designated as hedging instruments | Fair value hedging | Foreign exchange contracts
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	(327)	226	(158)	64
Gains/(losses) recognized in earnings for excluded components	99	(124)	141	(15)
Gain (losses) recognized in earnings on hedged items	327	(226)	158	(64)
Net Impact	$ 99	$ (124)	$ 141	$ (15)

Derivatives and Hedge Account_8

Derivatives and Hedge Accounting - Derivatives not designated as hedging instruments (Details) - Derivatives not designated as hedging instruments - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (2,110)	$ 1,014	$ (2,829)	$ (1,037)
AIG
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(14)	(744)	22	(984)
Excluding Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(735)	538	(566)	133
Excluding Fortitude Re Funds Withheld Assets | AIG Life | Discontinued Operations, Disposed of by Sale
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total			5
Fortitude Re funds withheld assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	119	(155)	(13)	(197)
Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,509)	1,080	(1,451)	177
Policy fees
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	17	16	46	48
Net Investment Income (Loss)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(8)	1	3	(1)
Policyholder benefits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	(5)	0	(5)
Change in the Fair Value of market risk benefits, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	6	(461)	(848)	(1,192)
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	136	(618)	(228)	(734)
Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(282)	268	(118)	78
Equity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	476	(459)	679	(507)
Credit contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	34	0	60	0
Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	11	25	42	50
Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(976)	718	(1,813)	(101)
Embedded derivatives | Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (1,509)	$ 1,080	$ (1,451)	$ 177

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs - Rollforward of LDTI and VOBA (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Deferred policy acquisition costs and value of business acquired	$ 10,204	$ 9,973	$ 10,011
Disposal Group, Held-for-Sale, Not Discontinued Operations | AIG Life U.K.
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Deferred policy acquisition costs held for sale			740
Value of business acquired held for sale			$ 74
Long-Duration Insurance Contracts
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	9,994	10,472
Capitalization	1,015	937
Amortization expense	(784)	(774)
Other, including foreign exchange	(7)	5
Dispositions	(27)
Reclassified to Assets held-for-sale		(684)
Balance, end of year	10,191	9,956
Long-Duration Insurance Contracts | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,777	4,643
Capitalization	606	519
Amortization expense	(453)	(424)
Other, including foreign exchange	0	0
Dispositions	0
Reclassified to Assets held-for-sale		0
Balance, end of year	4,930	4,738
Long-Duration Insurance Contracts | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1,055	1,060
Capitalization	60	55
Amortization expense	(62)	(62)
Other, including foreign exchange	0	0
Dispositions	0
Reclassified to Assets held-for-sale		0
Balance, end of year	1,053	1,053
Long-Duration Insurance Contracts | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,092	4,718
Capitalization	317	341
Amortization expense	(259)	(282)
Other, including foreign exchange	(7)	5
Dispositions	(27)
Reclassified to Assets held-for-sale		(684)
Balance, end of year	4,116	4,098
Long-Duration Insurance Contracts | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	70	51
Capitalization	32	22
Amortization expense	(10)	(6)
Other, including foreign exchange	0	0
Dispositions	0
Reclassified to Assets held-for-sale		0
Balance, end of year	92	67
Value Of Business Acquired
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	17	91
Amortization expense	(3)	(8)
Other, including foreign exchange	(1)	5
Reclassified to Assets held-for-sale		(71)
Balance, end of year	13	17
Value Of Business Acquired | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	2	3
Amortization expense	(1)	(1)
Other, including foreign exchange	0	0
Reclassified to Assets held-for-sale		0
Balance, end of year	1	2
Value Of Business Acquired | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1	1
Amortization expense	(1)	0
Other, including foreign exchange	0	0
Reclassified to Assets held-for-sale		0
Balance, end of year	0	1
Value Of Business Acquired | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	14	87
Amortization expense	(1)	(7)
Other, including foreign exchange	(1)	5
Reclassified to Assets held-for-sale		(71)
Balance, end of year	12	14
Value Of Business Acquired | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	0	0
Amortization expense	0	0
Other, including foreign exchange	0	0
Reclassified to Assets held-for-sale		0
Balance, end of year	$ 0	$ 0

Deferred Policy Acquisition C_4

Deferred Policy Acquisition Costs - Rollforward of DSI (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Movement in Deferred Sales Inducements [Roll Forward]
Other assets, including restricted cash	$ 10,204	$ 9,973	$ 10,011
Deferred Sale Inducements
Movement in Deferred Sales Inducements [Roll Forward]
Balance, beginning of year	497	558
Capitalization	5	5
Amortization expense	(48)	(51)
Balance, end of period	454	512
Other reconciling items	1,785	1,302
Other assets, including restricted cash	2,239	1,814
Deferred Sale Inducements | Individual Retirement
Movement in Deferred Sales Inducements [Roll Forward]
Balance, beginning of year	333	381
Capitalization	4	5
Amortization expense	(38)	(41)
Balance, end of period	299	345
Deferred Sale Inducements | Group Retirement
Movement in Deferred Sales Inducements [Roll Forward]
Balance, beginning of year	164	177
Capitalization	1	0
Amortization expense	(10)	(10)
Balance, end of period	$ 155	$ 167

Separate Account Assets and L_3

Separate Account Assets and Liabilities - Separate account assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 96,368	$ 91,005
Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	59,766	55,538
Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	8,771	8,676
Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	26,096	25,166
Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,735	1,625
Individual Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	50,311	47,893
Individual Retirement | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	27,353	25,451
Individual Retirement | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	4,187	4,037
Individual Retirement | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	18,066	17,711
Individual Retirement | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	705	694
Group Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	40,674	38,188
Group Retirement | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	30,785	28,675
Group Retirement | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,233	3,292
Group Retirement | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	5,831	5,479
Group Retirement | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	825	742
Life Insurance
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,064	932
Life Insurance | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	945	819
Life Insurance | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	46	44
Life Insurance | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	56	53
Life Insurance | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	17	16
Institutional Markets
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	4,319	3,992
Institutional Markets | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	683	593
Institutional Markets | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,305	1,303
Institutional Markets | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	2,143	1,923
Institutional Markets | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 188	$ 173

Separate Account Assets and L_4

Separate Account Assets and Liabilities - Separate account liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	$ 91,005	$ 84,853
Premiums and deposits	2,155	2,224
Policy charges	(1,324)	(1,403)
Surrenders and withdrawals	(7,192)	(5,455)
Benefit payments	(1,190)	(1,080)
Investment performance	13,093	5,521
Net transfers from (to) general account and other	(179)	64
Separate accounts balance, end of period	96,368	84,724
Cash surrender value	95,222	83,474
Individual Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	47,893	45,178
Premiums and deposits	973	1,124
Policy charges	(863)	(964)
Surrenders and withdrawals	(3,872)	(2,728)
Benefit payments	(721)	(640)
Investment performance	6,841	2,470
Net transfers from (to) general account and other	60	173
Separate accounts balance, end of period	50,311	44,613
Cash surrender value	49,399	43,566
Group Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	38,188	34,361
Premiums and deposits	1,063	1,033
Policy charges	(353)	(333)
Surrenders and withdrawals	(3,238)	(2,205)
Benefit payments	(444)	(374)
Investment performance	5,718	2,806
Net transfers from (to) general account and other	(260)	(122)
Separate accounts balance, end of period	40,674	35,166
Cash surrender value	40,467	34,980
Life Insurance
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	932	799
Premiums and deposits	26	27
Policy charges	(36)	(37)
Surrenders and withdrawals	(24)	(19)
Benefit payments	(9)	(5)
Investment performance	179	85
Net transfers from (to) general account and other	(4)	(2)
Separate accounts balance, end of period	1,064	848
Cash surrender value	1,043	828
Institutional Markets
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	3,992	4,515
Premiums and deposits	93	40
Policy charges	(72)	(69)
Surrenders and withdrawals	(58)	(503)
Benefit payments	(16)	(61)
Investment performance	355	160
Net transfers from (to) general account and other	25	15
Separate accounts balance, end of period	4,319	4,097
Cash surrender value	$ 4,313	$ 4,100

Future Policy Benefits - Balanc

Future Policy Benefits - Balances of changes in liability for future policy benefits (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Present value of expected net premiums
Balance, beginning of year	$ 9,352	$ 12,645
Effect of changes in discount rate assumptions (AOCI)	1,526	1,938
Reclassified to Liabilities held-for-sale		(3,784)	$ (4,287)
Beginning balance at original discount rate	15,165	14,583
Effect of changes in cash flow assumptions			(68)	$ 55
Effect of actual variances from expected experience			(3)	52
Adjusted beginning of year balance	15,094	14,690
Issuances	733	986
Interest accrual	320	359
Net premium collected	(974)	(1,183)
Foreign exchange impact	(46)	44
Other	0	8
Dispositions	(5,108)
Ending balance at original discount rate	10,019	14,904
Effect of changes in discount rate assumptions (AOCI)	(491)	(2,294)
Balance, end of period	9,528	8,826
Present value of expected future policy benefits
Balance, beginning of year	58,237	55,506
Effect of changes in discount rate assumptions (AOCI)	5,217	7,310
Reclassified to Liabilities held-for-sale		4,352	5,119
Beginning balance at original discount rate	68,573	62,816
Effect of changes in cash flow assumptions			(104)	138
Effect of actual variances from expected experience			(41)	94
Adjusted beginning of year balance	68,428	63,048
Issuances	2,933	4,642
Interest accrual	2,112	1,973
Benefit payments	(3,333)	(3,507)
Foreign exchange impact	442	102
Other	(10)	(10)
Dispositions	(6,796)
Ending balance at original discount rate	63,776	66,248
Effect of changes in discount rate assumptions (AOCI)	(3,512)	(10,349)
Balance, end of period	60,264	51,547
Net liability for future policy benefits, end of period	50,736	42,721
Liability for future policy benefits for certain participating contracts	1,282	1,321
Liability for universal life policies	4,225	3,278
Deferred profit liability	2,597	2,400
Other reconciling items	576	635
Future policy benefits for life and accident and health insurance contracts	59,416	50,355	57,108
Less: Reinsurance recoverable:	22,418	21,121
Net liability for future policy benefits after reinsurance recoverable	36,998	29,234
Individual Retirement
Present value of expected net premiums
Balance, beginning of year	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Reclassified to Liabilities held-for-sale			0
Beginning balance at original discount rate	0	0
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			0	0
Adjusted beginning of year balance	0	0
Issuances	0	0
Interest accrual	0	0
Net premium collected	0	0
Foreign exchange impact	0	0
Other	0	0
Dispositions	0
Ending balance at original discount rate	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Balance, end of period	0	0
Present value of expected future policy benefits
Balance, beginning of year	1,353	1,223
Effect of changes in discount rate assumptions (AOCI)	132	167
Reclassified to Liabilities held-for-sale		0	0
Beginning balance at original discount rate	1,485	1,390
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(27)	(1)
Adjusted beginning of year balance	1,458	1,389
Issuances	92	141
Interest accrual	50	38
Benefit payments	(105)	(95)
Foreign exchange impact	0	0
Other	0	0
Dispositions	0
Ending balance at original discount rate	1,495	1,473
Effect of changes in discount rate assumptions (AOCI)	(108)	(217)
Balance, end of period	1,387	1,256
Net liability for future policy benefits, end of period	1,387	1,256
Liability for future policy benefits for certain participating contracts	0	0
Liability for universal life policies	0	0
Deferred profit liability	59	80
Other reconciling items	34	34
Future policy benefits for life and accident and health insurance contracts	1,480	1,370
Less: Reinsurance recoverable:	5	4
Net liability for future policy benefits after reinsurance recoverable	$ 1,475	$ 1,366
Weighted average liability duration of the liability for future policy benefits (in years)	7 years 8 months 12 days	7 years 4 months 24 days
Group Retirement
Present value of expected net premiums
Balance, beginning of year	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0
Reclassified to Liabilities held-for-sale			0
Beginning balance at original discount rate	0	0
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			0	0
Adjusted beginning of year balance	0	0
Issuances	0	0
Interest accrual	0	0
Net premium collected	0	0
Foreign exchange impact	0	0
Other	0	0
Dispositions	0
Ending balance at original discount rate	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Balance, end of period	0	0
Present value of expected future policy benefits
Balance, beginning of year	217	211
Effect of changes in discount rate assumptions (AOCI)	(3)	2
Reclassified to Liabilities held-for-sale		0	0
Beginning balance at original discount rate	214	213
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(2)	(1)
Adjusted beginning of year balance	212	212
Issuances	10	16
Interest accrual	9	8
Benefit payments	(18)	(20)
Foreign exchange impact	0	0
Other	(5)	0
Dispositions	0
Ending balance at original discount rate	208	216
Effect of changes in discount rate assumptions (AOCI)	5	(9)
Balance, end of period	213	207
Net liability for future policy benefits, end of period	213	207
Liability for future policy benefits for certain participating contracts	0	0
Liability for universal life policies	0	0
Deferred profit liability	11	9
Other reconciling items	0	0
Future policy benefits for life and accident and health insurance contracts	224	216
Less: Reinsurance recoverable:	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 224	$ 216
Weighted average liability duration of the liability for future policy benefits (in years)	6 years 8 months 12 days	6 years 7 months 6 days
Life Insurance
Present value of expected net premiums
Balance, beginning of year	$ 8,379	$ 11,654
Effect of changes in discount rate assumptions (AOCI)	1,482	1,872
Reclassified to Liabilities held-for-sale		(3,784)	(4,287)
Beginning balance at original discount rate	14,148	13,526
Effect of changes in cash flow assumptions			(57)	34
Effect of actual variances from expected experience			4	36
Adjusted beginning of year balance	14,095	13,596
Issuances	733	986
Interest accrual	288	325
Net premium collected	(888)	(1,093)
Foreign exchange impact	(46)	44
Other	0	11
Dispositions	(5,108)
Ending balance at original discount rate	9,074	13,869
Effect of changes in discount rate assumptions (AOCI)	(463)	(2,199)
Balance, end of period	8,611	7,886
Present value of expected future policy benefits
Balance, beginning of year	17,531	21,179
Effect of changes in discount rate assumptions (AOCI)	2,745	3,424
Reclassified to Liabilities held-for-sale		4,352	5,119
Beginning balance at original discount rate	25,395	24,603
Effect of changes in cash flow assumptions			(24)	62
Effect of actual variances from expected experience			15	85
Adjusted beginning of year balance	25,386	24,750
Issuances	721	978
Interest accrual	635	679
Benefit payments	(1,204)	(1,461)
Foreign exchange impact	(61)	54
Other	2	8
Dispositions	(6,796)
Ending balance at original discount rate	18,683	25,008
Effect of changes in discount rate assumptions (AOCI)	(825)	(4,397)
Balance, end of period	17,858	16,259
Net liability for future policy benefits, end of period	9,247	8,373
Liability for future policy benefits for certain participating contracts	12	13
Liability for universal life policies	4,170	3,223
Deferred profit liability	22	18
Other reconciling items	449	508
Future policy benefits for life and accident and health insurance contracts	13,900	12,135
Less: Reinsurance recoverable:	678	700
Net liability for future policy benefits after reinsurance recoverable	$ 13,222	$ 11,435
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 1 month 6 days	11 years 10 months 24 days
Institutional Markets
Present value of expected net premiums
Balance, beginning of year	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0
Reclassified to Liabilities held-for-sale			0
Beginning balance at original discount rate	0	0
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			0	0
Adjusted beginning of year balance	0	0
Issuances	0	0
Interest accrual	0	0
Net premium collected	0	0
Foreign exchange impact	0	0
Other	0	0
Dispositions	0
Ending balance at original discount rate	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0
Balance, end of period	0	0
Present value of expected future policy benefits
Balance, beginning of year	18,482	12,464
Effect of changes in discount rate assumptions (AOCI)	1,906	2,634
Reclassified to Liabilities held-for-sale		0	0
Beginning balance at original discount rate	20,388	15,098
Effect of changes in cash flow assumptions			(41)	0
Effect of actual variances from expected experience			(8)	21
Adjusted beginning of year balance	20,339	15,119
Issuances	2,105	3,503
Interest accrual	665	478
Benefit payments	(907)	(810)
Foreign exchange impact	503	48
Other	0	0
Dispositions	0
Ending balance at original discount rate	22,705	18,338
Effect of changes in discount rate assumptions (AOCI)	(2,260)	(3,512)
Balance, end of period	20,445	14,826
Net liability for future policy benefits, end of period	20,445	14,826
Liability for future policy benefits for certain participating contracts	0	0
Liability for universal life policies	0	0
Deferred profit liability	1,673	1,428
Other reconciling items	0	0
Future policy benefits for life and accident and health insurance contracts	22,118	16,254
Less: Reinsurance recoverable:	41	37
Net liability for future policy benefits after reinsurance recoverable	$ 22,077	$ 16,217
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 10 months 24 days	10 years 10 months 24 days
Corporate and Other
Present value of expected net premiums
Balance, beginning of year	$ 973	$ 991
Effect of changes in discount rate assumptions (AOCI)	44	66
Reclassified to Liabilities held-for-sale			0
Beginning balance at original discount rate	1,017	1,057
Effect of changes in cash flow assumptions			(11)	21
Effect of actual variances from expected experience			(7)	16
Adjusted beginning of year balance	999	1,094
Issuances	0	0
Interest accrual	32	34
Net premium collected	(86)	(90)
Foreign exchange impact	0	0
Other	0	(3)
Dispositions	0
Ending balance at original discount rate	945	1,035
Effect of changes in discount rate assumptions (AOCI)	(28)	(95)
Balance, end of period	917	940
Present value of expected future policy benefits
Balance, beginning of year	20,654	20,429
Effect of changes in discount rate assumptions (AOCI)	437	1,083
Reclassified to Liabilities held-for-sale		0	0
Beginning balance at original discount rate	21,091	21,512
Effect of changes in cash flow assumptions			(39)	76
Effect of actual variances from expected experience			$ (19)	$ (10)
Adjusted beginning of year balance	21,033	21,578
Issuances	5	4
Interest accrual	753	770
Benefit payments	(1,099)	(1,121)
Foreign exchange impact	0	0
Other	(7)	(18)
Dispositions	0
Ending balance at original discount rate	20,685	21,213
Effect of changes in discount rate assumptions (AOCI)	(324)	(2,214)
Balance, end of period	20,361	18,999
Net liability for future policy benefits, end of period	19,444	18,059
Liability for future policy benefits for certain participating contracts	1,270	1,308
Liability for universal life policies	55	55
Deferred profit liability	832	865
Other reconciling items	93	93
Future policy benefits for life and accident and health insurance contracts	21,694	20,380
Less: Reinsurance recoverable:	21,694	20,380
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 2 months 12 days	10 years 9 months 18 days

Future Policy Benefits - Narrat

Future Policy Benefits - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Term Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
(Decrease) increase in reserves	$ (1)	$ (1)

Future Policy Benefits - Expect

Future Policy Benefits - Expected future benefits, expenses, and gross premiums (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	$ 2,139	$ 2,119
Undiscounted expected future gross premiums	0	0
Discounted expected future gross premiums (at current discount rate)	0	0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	306	315
Undiscounted expected future gross premiums	0	0
Discounted expected future gross premiums (at current discount rate)	0	0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	31,018	39,763
Undiscounted expected future gross premiums	21,763	29,789
Discounted expected future gross premiums (at current discount rate)	14,899	18,596
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	43,864	33,025
Undiscounted expected future gross premiums	0	0
Discounted expected future gross premiums (at current discount rate)	0	0
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	41,994	43,250
Undiscounted expected future gross premiums	2,016	2,141
Discounted expected future gross premiums (at current discount rate)	$ 1,385	$ 1,372

Future Policy Benefits - Income

Future Policy Benefits - Income statement information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	$ 4,003	$ 5,831
Interest accretion	1,792	1,614
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	770	886
Interest accretion	121	97
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	102	164
Interest accretion	50	38
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	10	16
Interest accretion	9	8
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,537	1,781
Interest accretion	347	354
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	741	855
Interest accretion	119	95
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	2,200	3,709
Interest accretion	665	478
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	154	161
Interest accretion	721	736
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	29	31
Interest accretion	$ 2	$ 2

Future Policy Benefits - Weight

Future Policy Benefits - Weighted-average interest rates (Details)	Sep. 30, 2024	Sep. 30, 2023
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.75%	3.75%
Weighted-average interest rate, current discount rate	4.89%	5.92%
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	5.17%	5.15%
Weighted-average interest rate, current discount rate	4.81%	5.90%
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.69%	4.14%
Weighted-average interest rate, current discount rate	5.04%	5.92%
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.13%	3.94%
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.29%	3.97%
Weighted-average interest rate, current discount rate	5.15%	5.87%
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.85%	4.87%
Weighted-average interest rate, current discount rate	5.04%	5.94%
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.20%	4.20%

Future Policy Benefits - Schedu

Future Policy Benefits - Schedule of liabilities by product (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 57,108
Effect of changes in cash flow assumptions			$ (68)	$ 55
Effect of actual variances from expected experience			(3)	52
Adjusted beginning of year balance			15,094	14,690
Interest accrual	320	$ 359
Other	0	8
Net liability for future policy benefits, end of period	59,416	50,355
Less: Reinsurance recoverable:	(22,418)	(21,121)
Net liability for future policy benefits after reinsurance recoverable	36,998	29,234
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	3,786	3,355
Effect of changes in cash flow assumptions			38	(41)
Effect of actual variances from expected experience			271	171
Adjusted beginning of year balance			4,095	3,485
Assessments	435	519
Excess benefits paid	(646)	(681)
Interest accrual	121	97
Other	(8)	20
Changes related to unrealized appreciation (depreciation) of investments	228	(162)
Net liability for future policy benefits, end of period	4,225	3,278
Less: Reinsurance recoverable:	(210)	(162)
Net liability for future policy benefits after reinsurance recoverable	4,015	3,116
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions			(57)	34
Effect of actual variances from expected experience			4	36
Adjusted beginning of year balance			14,095	13,596
Interest accrual	288	325
Other	0	11
Net liability for future policy benefits, end of period	13,900	12,135
Less: Reinsurance recoverable:	(678)	(700)
Net liability for future policy benefits after reinsurance recoverable	$ 13,222	$ 11,435
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 1 month 6 days	11 years 10 months 24 days
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 3,731	$ 3,300
Effect of changes in cash flow assumptions			38	(41)
Effect of actual variances from expected experience			274	174
Adjusted beginning of year balance			4,043	3,433
Assessments	434	518
Excess benefits paid	(646)	(681)
Interest accrual	119	95
Other	(8)	20
Changes related to unrealized appreciation (depreciation) of investments	228	(162)
Net liability for future policy benefits, end of period	4,170	3,223
Less: Reinsurance recoverable:	(155)	(162)
Net liability for future policy benefits after reinsurance recoverable	$ 4,015	$ 3,061
Weighted average liability duration of the liability for future policy benefits (in years)	24 years	25 years 4 months 24 days
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Effect of changes in cash flow assumptions			(11)	21
Effect of actual variances from expected experience			(7)	16
Adjusted beginning of year balance			999	1,094
Interest accrual	$ 32	$ 34
Other	0	(3)
Net liability for future policy benefits, end of period	21,694	20,380
Less: Reinsurance recoverable:	(21,694)	(20,380)
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 2 months 12 days	10 years 9 months 18 days
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Net liability for future policy benefits, beginning balance	$ 55	$ 55
Effect of changes in cash flow assumptions			0	0
Effect of actual variances from expected experience			(3)	(3)
Adjusted beginning of year balance			$ 52	$ 52
Assessments	1	1
Excess benefits paid	0	0
Interest accrual	2	2
Other	0	0
Changes related to unrealized appreciation (depreciation) of investments	0	0
Net liability for future policy benefits, end of period	55	55
Less: Reinsurance recoverable:	(55)	0
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 55
Weighted average liability duration of the liability for future policy benefits (in years)	9 years	9 years 3 months 18 days

Future Policy Benefits - Summar

Future Policy Benefits - Summary of separate accounts (Details) - Universal Life - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Account value	$ 3,912	$ 3,654
Net amount at risk	$ 74,889	$ 71,497
Average attained age of contract holders	53 years	53 years

Policyholder Contract Deposit_3

Policyholder Contract Deposits and Other Policyholder Funds - Rollforward of policyholder contract deposit (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	$ 163,408	$ 158,494
Deposits	27,000	21,780
Policy charges	(2,143)	(2,260)
Surrenders and withdrawals	(20,824)	(17,081)
Benefit payments	(6,214)	(6,595)
Net transfers from (to) separate account	7,052	5,039
Interest credited	4,727	3,102
Other	15	(5)
Policyholder contract deposits account balance, end of period	173,021	162,474
Other reconciling items	(844)	(2,616)
Policyholder contract deposits	172,177	159,858	$ 162,050
Cash surrender value	148,719	139,889
Individual Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	94,896	89,554
Deposits	17,949	12,885
Policy charges	(544)	(661)
Surrenders and withdrawals	(13,087)	(10,310)
Benefit payments	(3,049)	(2,984)
Net transfers from (to) separate account	3,934	2,577
Interest credited	2,769	1,482
Other	(1)	(7)
Policyholder contract deposits account balance, end of period	102,867	92,536
Other reconciling items	(1,113)	(2,280)
Policyholder contract deposits	$ 101,754	$ 90,256
Weighted average crediting rate	3.04%	2.65%
Cash surrender value	$ 96,343	$ 85,644
Group Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	41,299	43,395
Deposits	4,025	3,943
Policy charges	(380)	(359)
Surrenders and withdrawals	(7,337)	(6,010)
Benefit payments	(1,500)	(1,801)
Net transfers from (to) separate account	3,086	1,896
Interest credited	951	843
Other	(210)	6
Policyholder contract deposits account balance, end of period	39,934	41,913
Other reconciling items	(187)	(327)
Policyholder contract deposits	$ 39,747	$ 41,586
Weighted average crediting rate	3.12%	2.88%
Cash surrender value	$ 39,076	$ 40,928
Life Insurance
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	10,231	10,224
Deposits	1,211	1,211
Policy charges	(1,124)	(1,143)
Surrenders and withdrawals	(227)	(194)
Benefit payments	(214)	(222)
Net transfers from (to) separate account	17	1
Interest credited	377	297
Other	15	16
Policyholder contract deposits account balance, end of period	10,286	10,190
Other reconciling items	279	11
Policyholder contract deposits	$ 10,565	$ 10,201
Weighted average crediting rate	4.46%	4.37%
Cash surrender value	$ 9,101	$ 9,008
Institutional Markets
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	13,649	11,734
Deposits	3,784	3,707
Policy charges	(51)	(50)
Surrenders and withdrawals	(82)	(502)
Benefit payments	(1,232)	(1,355)
Net transfers from (to) separate account	15	565
Interest credited	511	353
Other	214	(9)
Policyholder contract deposits account balance, end of period	16,808	14,443
Other reconciling items	177	(20)
Policyholder contract deposits	$ 16,985	$ 14,423
Weighted average crediting rate	4.57%	3.66%
Cash surrender value	$ 2,586	$ 2,577
Corporate and Other
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	3,333	3,587
Deposits	31	34
Policy charges	(44)	(47)
Surrenders and withdrawals	(91)	(65)
Benefit payments	(219)	(233)
Net transfers from (to) separate account	0	0
Interest credited	119	127
Other	(3)	(11)
Policyholder contract deposits account balance, end of period	3,126	3,392
Other reconciling items	0	0
Policyholder contract deposits	$ 3,126	$ 3,392
Weighted average crediting rate	5.05%	4.99%
Cash surrender value	$ 1,613	$ 1,732

Policyholder Contract Deposit_4

Policyholder Contract Deposits and Other Policyholder Funds - Account balances by guaranteed minimum interest rates (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 103,624	$ 100,523
Policyholder Account Balance, Percentage	100%	100%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 50,217	$ 57,036
Policyholder Account Balance, Percentage	49%	56%
1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 5,296	$ 7,773
Policyholder Account Balance, Percentage	5%	8%
More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 48,111	$ 35,714
Policyholder Account Balance, Percentage	46%	36%
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 60,871	$ 55,920
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Policyholder Account Balance	$ 40,624	$ 33,430
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 4,367	$ 5,871
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 9,439	$ 9,234
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 5,981	$ 6,907
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 415	$ 443
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Policyholder Account Balance	$ 45	$ 35
Individual Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	22,538	26,417
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	5,794	6,741
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3,226	3,940
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	7,127	8,401
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	5,943	6,864
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	411	439
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	37	32
Individual Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,784	2,304
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,711	2,234
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	21	22
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	13	11
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	34	37
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Individual Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	5	0
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	36,549	27,199
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	33,119	24,455
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,120	1,909
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,299	822
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	4	6
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	4	4
Individual Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3	3
Group Retirement
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 35,752	$ 37,372
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Policyholder Account Balance	$ 12,223	$ 10,968
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 4,996	$ 5,888
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 11,389	$ 12,952
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 575	$ 641
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 6,432	$ 6,773
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Policyholder Account Balance	$ 137	$ 150
Group Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	23,532	26,335
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,087	2,197
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	3,324	3,874
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	10,977	12,700
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	575	641
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	6,432	6,773
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	137	150
Group Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,574	3,973
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,542	2,467
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	735	1,347
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	297	159
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	9,646	7,064
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	8,594	6,304
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	937	667
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	115	93
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Group Retirement | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 7,001	$ 7,231
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Policyholder Account Balance	$ 0	$ 0
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 473	$ 478
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	1%	1%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 1,930	$ 1,953
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	2%	2%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 1,639	$ 1,703
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	3%	3%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 2,748	$ 2,879
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Minimum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	4%	4%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5% | Maximum
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Life Insurance | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Minimum credit rating (as a percent)	5%	5%
Policyholder Account Balance	$ 211	$ 218
Life Insurance | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder Account Balance	4,147	4,284
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	9	9
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,179	1,178
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	2,748	2,879
Life Insurance | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	211	218
Life Insurance | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder Account Balance	938	1,496
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	109	131
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	391	866
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	438	499
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | 1 Basis Point - 50 Basis Points Above | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,916	1,451
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	364	347
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 2% To 3%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	1,530	1,078
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 3% To 4%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	22	26
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 4% To 5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	0	0
Life Insurance | More than 50 Basis Points Above Minimum Guarantee | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 5% To 5.5%
Policyholder Account Balance [Line Items]
Policyholder Account Balance	$ 0	$ 0

Policyholder Contract Deposit_5

Policyholder Contract Deposits and Other Policyholder Funds - Unearned revenue liability (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	$ 1,865	$ 1,834
Revenue deferred	120	114
Amortization	(90)	(92)
Balance, end of period	1,895	1,856
Other reconciling items	957	994
Other policyholder funds	2,852	2,850	$ 2,862
Life Insurance
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1,770	1,727
Revenue deferred	120	114
Amortization	(83)	(83)
Balance, end of period	1,807	1,758
Institutional Markets
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1	2
Revenue deferred	0	0
Amortization	0	(1)
Balance, end of period	1	1
Corporate and Other
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	94	105
Revenue deferred	0	0
Amortization	(7)	(8)
Balance, end of period	$ 87	$ 97

Market Risk Benefits - Rollforw

Market Risk Benefits - Rollforward of market risk benefits (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Market Risk Benefit [Roll Forward]
Balance, beginning of year	$ 4,870	$ 4,034
Effect of changes in our own credit risk	(1,170)	(715)	$ (1,160)	$ (465)
Balance, beginning of year, before effect of changes in our own credit risk	3,710	3,569
Issuances	652	555
Interest accrual	119	134
Attributed fees	549	685
Expected claims	(50)	(70)
Effect of changes in interest rates	91	(1,322)
Effect of changes in interest rate volatility	(26)	(5)
Effect of changes in equity markets	(1,093)	(652)
Effect of changes in equity index volatility	(3)	(31)
Actual outcome different from model expected outcome	(24)	165
Effect of changes in future expected policyholder behavior	174	(2)
Effect of changes in other future expected assumptions	(96)	(126)
Other, including foreign exchange	0	(3)
Balance, end of period before effect of changes in our own credit risk	4,003	2,897
Effect of changes in our own credit risk	1,170	715	1,160	465
Balance, end of period	5,173	3,612
Less: Reinsured MRB, end of period	(61)	(71)
Net	5,112	3,541
Combined
Net amount at risk
Net amount at risk	478	1,792
GMDB only
Net amount at risk
Net amount at risk	696	1,457
GMWB only
Net amount at risk
Net amount at risk	410	25
Individual Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	4,562	3,738
Effect of changes in our own credit risk	(1,081)	(662)	(1,072)	(441)
Balance, beginning of year, before effect of changes in our own credit risk	3,490	3,297
Issuances	612	527
Interest accrual	111	122
Attributed fees	504	636
Expected claims	(49)	(68)
Effect of changes in interest rates	86	(1,223)
Effect of changes in interest rate volatility	(27)	(7)
Effect of changes in equity markets	(1,006)	(591)
Effect of changes in equity index volatility	(4)	(27)
Actual outcome different from model expected outcome	(28)	155
Effect of changes in future expected policyholder behavior	148	(1)
Effect of changes in other future expected assumptions	(95)	(86)
Other, including foreign exchange	0	0
Balance, end of period before effect of changes in our own credit risk	3,742	2,734
Effect of changes in our own credit risk	1,081	662	1,072	441
Balance, end of period	4,823	3,396
Less: Reinsured MRB, end of period	(61)	(71)
Net	$ 4,762	$ 3,325
Net amount at risk
Average attained age of contract holders	71 years	70 years
Individual Retirement | Combined
Net amount at risk
Net amount at risk	$ 467	$ 1,764
Individual Retirement | GMDB only
Net amount at risk
Net amount at risk	578	1,200
Individual Retirement | GMWB only
Net amount at risk
Net amount at risk	377	24
Group Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	308	296
Effect of changes in our own credit risk	(89)	(53)	(88)	(24)
Balance, beginning of year, before effect of changes in our own credit risk	220	272
Issuances	40	28
Interest accrual	8	12
Attributed fees	45	49
Expected claims	(1)	(2)
Effect of changes in interest rates	5	(99)
Effect of changes in interest rate volatility	1	2
Effect of changes in equity markets	(87)	(61)
Effect of changes in equity index volatility	1	(4)
Actual outcome different from model expected outcome	4	10
Effect of changes in future expected policyholder behavior	26	(1)
Effect of changes in other future expected assumptions	(1)	(40)
Other, including foreign exchange	0	(3)
Balance, end of period before effect of changes in our own credit risk	261	163
Effect of changes in our own credit risk	89	53	$ 88	$ 24
Balance, end of period	350	216
Less: Reinsured MRB, end of period	0	0
Net	$ 350	$ 216
Net amount at risk
Average attained age of contract holders	64 years	64 years
Group Retirement | Combined
Net amount at risk
Net amount at risk	$ 11	$ 28
Group Retirement | GMDB only
Net amount at risk
Net amount at risk	118	257
Group Retirement | GMWB only
Net amount at risk
Net amount at risk	$ 33	$ 1

Market Risk Benefits - Schedule

Market Risk Benefits - Schedule of market risk benefits (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Market Risk Benefit [Line Items]
Asset	$ 1,164	$ 978
Liability	6,276	4,519
Net	5,112	3,541
Individual Retirement
Market Risk Benefit [Line Items]
Asset	970	814
Liability	5,732	4,139
Net	4,762	3,325
Group Retirement
Market Risk Benefit [Line Items]
Asset	194	164
Liability	544	380
Net	$ 350	$ 216

Debt (Details)

Debt (Details) - USD ($) $ in Millions	Sep. 12, 2024	Feb. 25, 2022
Senior Notes Due 2054 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Amount of debt issued	$ 750
Interest rate (as a percent)	6.375%
Interest rate and payment reset period (in years)	5 years
Debt instrument term (in years)	5 years
Basis spread on variable rate (as a percent)	2.646%
CoreBridge 3-Year DDTL Facility | Senior unsecured notes | Line of Credit
Debt Instrument [Line Items]
Repayments of loan	$ 250
CoreBridge 3-Year DDTL Facility | Senior unsecured notes | Line of Credit | Parent Company
Debt Instrument [Line Items]
Debt instrument term (in years)		3 years

Contingencies, Commitments an_2

Contingencies, Commitments and Guarantees (Details) $ in Billions	9 Months Ended
	Sep. 30, 2024 USD ($)
Other Commitments [Line Items]
Other commitments	$ 3.8
Promissory Notes
Other Commitments [Line Items]
Debt instrument term (in years)	5 years
Principal amount collateral (as a percent)	100%
Net present value of interest payments (as a percent)	100%

Equity - Rollforward of Common

Equity - Rollforward of Common Stock (Details) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Oct. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Apr. 30, 2024	May 04, 2023
Common Stock Rollforward [Roll Forward]
Common Stock issued, beginning balance (in shares)	650,189,849			648,148,737
Treasury Stock, beginning balance (in shares)	(75,798,204)			(26,484,411)
Common Stock outstanding, beginning balance (in shares)	574,391,645			621,664,326
Shares issued under long-term incentive compensation plans (in shares)				3,275,140
Shares repurchased (in shares)				(50,547,821)
Common Stock issued, ending balance (in shares)		650,189,849		650,189,849
Treasury Stock, ending balance (in shares)		(75,798,204)		(75,798,204)
Common Stock outstanding, ending balance (in shares)		574,391,645		574,391,645
Purchase of common stock		$ 720,000,000	$ 47,000,000	$ 1,401,000,000	$ 249,000,000
April 2024 Share Repurchase Program
Common Stock Rollforward [Roll Forward]
Stock repurchase program, authorized amount		$ 3,000,000,000		$ 3,000,000,000		$ 2,000,000,000
May 2023 Share Repurchase Program
Common Stock Rollforward [Roll Forward]
Stock repurchase program, authorized amount							$ 1,000,000,000
Subsequent Event | May 2023 Share Repurchase Program
Common Stock Rollforward [Roll Forward]
Remaining share repurchase authorization	$ 1,100,000,000
Total common stock
Common Stock Rollforward [Roll Forward]
Common Stock issued, beginning balance (in shares)	650,189,849			648,148,737
Shares issued under long-term incentive compensation plans (in shares)				2,041,112
Common Stock issued, ending balance (in shares)		650,189,849		650,189,849
Treasury Stock
Common Stock Rollforward [Roll Forward]
Treasury Stock, beginning balance (in shares)	(75,798,204)			(26,484,411)
Shares issued under long-term incentive compensation plans (in shares)				1,234,028
Shares repurchased (in shares)				(50,547,821)
Treasury Stock, ending balance (in shares)		(75,798,204)		(75,798,204)
Purchase of common stock		$ 720,000,000	$ 47,000,000	$ 1,401,000,000	$ 249,000,000
Treasury Stock | Subsequent Event | May 2023 Share Repurchase Program
Common Stock Rollforward [Roll Forward]
Shares repurchased (in shares)	5,500,000
Purchase of common stock	$ 169,000,000

Equity - Dividends (Details)

Equity - Dividends (Details) - $ / shares		3 Months Ended
	Nov. 01, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024
Dividends [Line Items]
Dividend declared (in USD per share)		$ 0.23	$ 0.23	$ 0.23
Subsequent Event
Dividends [Line Items]
Dividend declared (in USD per share)	$ 0.23

Equity - Rollforward of accumul

Equity - Rollforward of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 11,812	$ 11,468	$ 12,635	$ 10,319
Change in unrealized depreciation of investments		(6,450)	4,793	(4,202)
Change in fair value of market risk benefits attributable to changes in our own credit risk	(183)	(104)	(10)	(250)
Change in discount rates assumptions of certain liabilities	(1,155)	1,435	12	1,468
Change in future policy benefits and other	(189)	173	(230)	106
Change in cash flow hedges	112	(17)	84	(32)
Change in foreign currency translation adjustments	22	(41)	88	24
Change in net actuarial loss				3
Change in deferred tax asset (liability)	(1,004)	889	(1,118)	459
Other comprehensive income (loss)	4,633	(4,115)	3,619	(2,424)
Balance, end of period	14,442	9,256	14,442	9,256
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(14,508)	(15,182)	(13,458)	(16,863)
Change in unrealized depreciation of investments	7,030
Other comprehensive income (loss)	4,624	(4,112)	3,612	(2,431)
Balance, end of period	(9,884)	(19,294)	(9,884)	(19,294)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(53)	(19)	(79)	(92)
Other comprehensive income (loss)	(12)	(49)	14	24
Balance, end of period	(65)	(68)	(65)	(68)
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(16,832)	(17,732)	(14,650)	(19,380)
Other comprehensive income (loss)	5,587	(5,058)	3,444	(3,410)
Other			(39)
Balance, end of period	(11,245)	(22,790)	(11,245)	(22,790)
Change in fair value of market risk benefits attributable to changes in our own credit risk
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(773)	(480)	(909)	(365)
Other comprehensive income (loss)	(143)	(81)	(7)	(196)
Balance, end of period	(916)	(561)	(916)	(561)
Change in unrealized depreciation of investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments	7,045	(6,398)
Change in future policy benefits and other	(189)	183
Change in deferred tax asset (liability)	(1,269)	1,157
Other comprehensive income (loss)	5,587	(5,058)	3,444	(3,410)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	3,017	2,929	2,095	2,908
Other comprehensive income (loss)	(904)	1,116	18	1,137
Balance, end of period	2,113	4,045	2,113	4,045
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	125	147	146	157
Other comprehensive income (loss)	88	(14)	66	(24)
Other			1
Balance, end of period	213	133	213	133
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	6	(38)	(63)	(100)
Other comprehensive income (loss)	17	(29)	84	43
Balance, end of period	14	(64)	14	(64)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	2	11	2	9
Other comprehensive income (loss)	0	0	0	2
Balance, end of period	2	11	2	11
Noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Other			(38)
Noncontrolling interests	9	(3)	7	7
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	9	(3)	7	7
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments	(15)	(52)	18	41
Change in future policy benefits and other		(10)		(10)
Change in deferred tax asset (liability)	3	13	(4)	(7)
Other comprehensive income (loss)	(12)	(49)	14	24
Change in fair value of market risk benefits attributable to changes in our own credit risk
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in fair value of market risk benefits attributable to changes in our own credit risk	(183)	(104)	(10)	(250)
Change in deferred tax asset (liability)	40	23	3	54
Other comprehensive income (loss)	(143)	(81)	(7)	(196)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in discount rates assumptions of certain liabilities	(1,155)	1,435	12	1,468
Change in deferred tax asset (liability)	251	(319)	6	(331)
Other comprehensive income (loss)	(904)	1,116	18	1,137
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in cash flow hedges	112	(17)	84	(32)
Change in deferred tax asset (liability)	(24)	3	(18)	8
Other comprehensive income (loss)	88	(14)	66	(24)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in foreign currency translation adjustments	22	(41)	88	24
Change in deferred tax asset (liability)	(5)	12	(4)	19
Other comprehensive income (loss)	17	(29)	84	43
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in net actuarial loss				3
Change in deferred tax asset (liability)				(1)
Other comprehensive income (loss)	$ 0	$ 0	0	2
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized depreciation of investments			4,775	(4,243)
Change in future policy benefits and other			(230)	116
Change in deferred tax asset (liability)			$ (1,101)	$ 717

Equity - Schedule of OCI reclas

Equity - Schedule of OCI reclassification adjustments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	$ 5,550	$ (5,012)	$ 3,884	$ (3,226)
Less: Reclassification adjustments included in net income	(87)	(8)	(853)	(343)
Total other comprehensive income (loss), before income tax expense (benefit)	5,637	(5,004)	4,737	(2,883)
Less: Income tax expense (benefit)	1,004	(889)	1,118	(459)
Other comprehensive income (loss)	4,633	(4,115)	3,619	(2,424)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(15)	(62)	10	14
Less: Reclassification adjustments included in net income	0	0	(8)	(17)
Total other comprehensive income (loss), before income tax expense (benefit)	(15)	(62)	18	31
Less: Income tax expense (benefit)	(3)	(13)	4	7
Other comprehensive income (loss)	(12)	(49)	14	24
Change in unrealized depreciation of investments
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	6,769	(6,223)	3,521	(4,453)
Less: Reclassification adjustments included in net income	(87)	(8)	(1,024)	(326)
Total other comprehensive income (loss), before income tax expense (benefit)	6,856	(6,215)	4,545	(4,127)
Less: Income tax expense (benefit)	1,269	(1,157)	1,101	(717)
Other comprehensive income (loss)	5,587	(5,058)	3,444	(3,410)
Change in fair value of market risk benefits attributable to changes in our own credit risk
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(183)	(104)	(10)	(250)
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(183)	(104)	(10)	(250)
Less: Income tax expense (benefit)	(40)	(23)	(3)	(54)
Other comprehensive income (loss)	(143)	(81)	(7)	(196)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(1,155)	1,435	258	1,468
Less: Reclassification adjustments included in net income	0	0	246	0
Total other comprehensive income (loss), before income tax expense (benefit)	(1,155)	1,435	12	1,468
Less: Income tax expense (benefit)	(251)	319	(6)	331
Other comprehensive income (loss)	(904)	1,116	18	1,137
Cash Flow Hedges
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	112	(17)	84	(32)
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	112	(17)	84	(32)
Less: Income tax expense (benefit)	24	(3)	18	(8)
Other comprehensive income (loss)	88	(14)	66	(24)
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	22	(41)	21	24
Less: Reclassification adjustments included in net income	0	0	(67)	0
Total other comprehensive income (loss), before income tax expense (benefit)	22	(41)	88	24
Less: Income tax expense (benefit)	5	(12)	4	(19)
Other comprehensive income (loss)	17	(29)	84	43
Retirement Plan Liabilities Adjustment
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	0	0	0	3
Less: Reclassification adjustments included in net income	0	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	0	0	0	3
Less: Income tax expense (benefit)	0	0	0	1
Other comprehensive income (loss)	$ 0	$ 0	$ 0	$ 2

Equity - Reclassification of si

Equity - Reclassification of significant items out of accumulated other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Amount Reclassified from AOCI
Net realized gains (losses)	$ (2,327)	$ 1,220	$ (3,394)	$ (558)
Net (gain) loss on divestitures	(1)	(1)	245	55
Total reclassifications for the period	(1,187)	2,069	(19)	2,367
Amount Reclassified from AOCI
Amount Reclassified from AOCI
Total reclassifications for the period	(87)	(8)	(853)	(343)
Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which allowance for credit losses was Taken | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Net realized gains (losses)	0	0	(8)	(17)
Total reclassifications for the period	0	0	(8)	(17)
Unrealized appreciation (depreciation) of all other investments | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Net realized gains (losses)	(87)	(8)	(963)	(326)
Net (gain) loss on divestitures	0	0	(61)	0
Total reclassifications for the period	(87)	(8)	(1,024)	(326)
Effect of changes in the discount rates used to measure traditional and limited-payment long duration insurance contracts | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Net (gain) loss on divestitures	0	0	246	0
Total reclassifications for the period	0	0	246	0
Foreign Currency Translation Adjustments | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Net (gain) loss on divestitures	0	0	(67)	0
Total reclassifications for the period	$ 0	$ 0	$ (67)	$ 0

Equity - Non-redeemable and red

Equity - Non-redeemable and redeemable noncontrolling interest (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			$ 869
Distributions to noncontrolling interests		$ (1)	(24)	$ (54)
Ending balance	$ 834		834
Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Distributions to noncontrolling interests		(1)	(24)	(54)
Non-Redeemable Noncontrolling Interest | Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	816	907	869	939
Net (loss) attributable to redeemable noncontrolling interest	(3)	(32)	(78)	(46)
Other comprehensive income (loss), net of tax	9	(3)	7	7
Changes in noncontrolling interests due to divestitures and acquisitions	0	0	1	(19)
Contributions from noncontrolling interests	10	20	63	63
Distributions to noncontrolling interests	7	(1)	(24)	(54)
Other	(5)	(1)	(4)	0
Ending balance	$ 834	$ 890	$ 834	$ 890

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of EPS (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator for EPS:
Net income (loss)	$ (1,187)	$ 2,069	$ (19)	$ 2,367
Net income (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Net income (loss) attributable to Corebridge common shareholders	$ (1,184)	$ 2,101	$ 59	$ 2,413
Denominator for EPS:
Weighted average common shares outstanding - basic (in shares)	587.1	639	607.5	646.8
Dilutive common shares (in shares)	0	2	1	1.8
Weighted average common shares outstanding - diluted (in shares)	587.1	641	608.5	648.6
Income per common share attributable to Corebridge common shareholders
Common stock - basic (in dollars per share)	$ (2.02)	$ 3.29	$ 0.10	$ 3.73
Common stock - diluted (in dollars per share)	$ (2.02)	$ 3.28	$ 0.10	$ 3.72
Number of shares excluded from diluted shares outstanding because the effect would have been anti-dilutive (in shares)	0.2	1	0.2	1

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Valuation Allowance [Line Items]
Effective income tax rate (as a percent)	25.50%	15.90%	84.40%	12.40%
U.S. federal income tax at statutory rate (as a percent)	21%	21%	21%	21%
Federal operating loss carryforward limitation	$ 648		$ 648
Increase/(decrease) in valuation allowance	(36)		9
Valuation allowance related to certain tax attribute carryforward	171		171
Foreign Tax Authority
Valuation Allowance [Line Items]
Increase/(decrease) in valuation allowance			2
U.S.. Life Insurance Companies
Valuation Allowance [Line Items]
Increase/(decrease) in valuation allowance	(198)		92
Valuation allowance	$ 1,100		1,100
Insurance Companies
Valuation Allowance [Line Items]
Increase/(decrease) in valuation allowance			$ (57)
Corebridge | Maximum | AIG
Valuation Allowance [Line Items]
Ownership percentage (as a percent)	80%		80%

Related Parties - Advisory tran

Related Parties - Advisory transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Related Party Transaction [Line Items]
Other income	$ 172	$ 107	$ 348	$ 324
Related Party
Related Party Transaction [Line Items]
Other income	$ 3	$ 8	$ 16	$ 28

Related Parties - Capital marke

Related Parties - Capital markets agreements (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Net Investment Income	$ 3,296,000,000	$ 2,657,000,000	$ 9,208,000,000	$ 8,066,000,000
Derivative assets, net	697,000,000		697,000,000		$ 393,000,000
Derivative liabilities, net	209,000,000		209,000,000		141,000,000
Related Party
Related Party Transaction [Line Items]
Derivative assets, net	1,000,000		1,000,000		13,000,000
Derivative liabilities, net	0		0		0
Collateral posted	0		0		0
Collateral obtained from third parties for derivative transactions	31,000,000		31,000,000		$ 377,000,000
Related Party | AIG
Related Party Transaction [Line Items]
Net Investment Income	$ 0	$ 0	$ 0	$ 0

Related Parties - General servi

Related Parties - General services agreement (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
General operating expenses	$ 492	$ 611	$ 1,596	$ 1,797
Related Party | General Services Agreement
Related Party Transaction [Line Items]
Due to related party	9		9		$ 39
Due from related party	11		11		$ 38
General operating expenses	$ 12	$ 34	$ 37	$ 127

Related Parties - Reinsurance t

Related Parties - Reinsurance transactions (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Reinsurance recoverables		$ 27,900
Related Party | Reinsurance Transactions
Related Party Transaction [Line Items]
Reinsurance recoverables				$ 67
Reinsurance payable				$ 13
Ceded premiums	$ 10	$ 9	$ 28

Related Parties - Tax sharing a

Related Parties - Tax sharing arrangements (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Related Party | Tax Sharing Arrangements
Related Party Transaction [Line Items]
Payables from tax sharing arrangements	$ 366	$ 371

Related Parties - Other transac

Related Parties - Other transactions (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Purchase of common stock	$ 720	$ 47	$ 1,401	$ 249
Employee Benefit Programs
Related Party Transaction [Line Items]
Due to related party	$ 1		$ 1		$ 32
Related Party
Related Party Transaction [Line Items]
Shares repurchased (in shares)			8
Purchase of common stock			$ 200

Related Parties - Related party

Related Parties - Related party transactions with blackstone (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Related Party Transaction [Line Items]
Investment expenses	$ 189	$ 132	$ 559	$ 438
Related Party
Related Party Transaction [Line Items]
Investment expenses	$ 64	$ 47	$ 175	$ 119

Related Parties - Related par_2

Related Parties - Related party transactions with VIEs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Interest expense	$ 133	$ 135	$ 409	$ 441
Net income (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Consolidated VIE
Related Party Transaction [Line Items]
Net income (loss) attributable to noncontrolling interests	(3)	(32)	(78)	(46)
Consolidated VIE | Related Party
Related Party Transaction [Line Items]
Long-term debt	22		22		$ 102
Interest expense	1	0	3	8
Noncontrolling interest	478		478		518
Net income (loss) attributable to noncontrolling interests	(7)	$ (17)	(46)	$ (6)
AIG Affiliates | Real Estate and Investment Entities
Related Party Transaction [Line Items]
Off-balance sheet exposure associated with VIEs	$ 600		$ 600		$ 600