Corebridge Financial (CRBG) 10-K 13 Feb 25 2024 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Feb. 11, 2025	Jun. 30, 2024
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
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
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction Flag	false
Entity Shell Company	false
Entity Public Float			$ 7,110
Entity Common Stock, Shares Outstanding		555,995,957
Documents Incorporated by Reference	Document of the Registrant Form 10-K Reference Locations Portions of the registrant’s definitive proxy statement for the 2025 Annual Meeting of Shareholders Part III, Items 10, 11, 12, 13 and 14
Document Fiscal Year Focus	2024
Entity Central Index Key	0001889539
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, Par Value $0.01 Per Share
Trading Symbol	CRBG
Security Exchange Name	NYSE
6.375% Junior Subordinated Notes
Document Information [Line Items]
Title of 12(b) Security	6.375% Junior Subordinated Notes
Trading Symbol	CRBD
Security Exchange Name	NYSE

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Auditor Information [Abstract]
Auditor Firm ID	238
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	New York, New York

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Fixed maturity securities:
Bonds available-for-sale, at fair value, net of allowance for credit losses of $119 in 2024 and $128 in 2023 (amortized cost: 2024 - $191,058; 2023 - $184,946)	[1]	$ 170,840	$ 166,527
Other bond securities, at fair value	[1]	5,262	4,578
Equity securities, at fair value	[1]	56	63
Mortgage and other loans receivable, net of allowance for credit losses of $771 in 2024 and $698 in 2023	[1]	52,768	46,867
Other invested assets (portion measured at fair value: 2024 - $7,791; 2023 - $7,690)	[1]	9,851	10,257
Short-term investments, including restricted cash of $4 in 2024 and $3 in 2023 (portion measured at fair value: 2024 - $1,439; 2023 - $1,408)	[1]	4,981	4,336
Total investments		243,758	232,628
Cash	[1]	806	612
Accrued investment income	[1]	2,169	2,008
Premiums and other receivables, net of allowance for credit losses and disputes of $1 in 2024 and $1 in 2023		713	594
Deferred income taxes		7,903	8,577
Deferred policy acquisition costs and value of business acquired		10,293	10,011
Market risk benefit assets, at fair value		1,332	912
Other assets, including restricted cash of $14 in 2024 and $13 in 2023 (portion measured at fair value: 2024 - $193; 2023 - $393)	[1]	1,844	2,294
Separate account assets, at fair value		93,888	91,005
Assets held-for-sale		198	2,237
Total assets		389,397	379,270
Liabilities:
Future policy benefits for life and accident and health insurance contracts		56,272	57,108
Policyholder contract deposits (portion measured at fair value: 2024 - $9,535; 2023 - $8,050)		173,695	162,050
Market risk benefit liabilities, at fair value		5,616	5,705
Other policyholder funds		2,873	2,862
Short-term and long-term debt, of which $1,101 is short-term debt in 2024 and $250 in 2023		12,392	11,872
Separate account liabilities		93,888	91,005
Liabilities held-for-sale		0	1,746
Total liabilities		377,071	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 - 88,704,816 shares and 2023 - 26,484,411 shares		(2,282)	(503)
Additional paid-in capital		8,161	8,149
Retained earnings		19,257	17,572
Accumulated other comprehensive loss		(13,681)	(13,458)
Total Corebridge Shareholders' equity		11,462	11,766
Non-redeemable noncontrolling interests		864	869
Total equity		12,326	12,635
Total liabilities and equity		389,397	379,270
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Short-term and long-term debt, of which $1,101 is short-term debt in 2024 and $250 in 2023		10,454	9,368
Debt of consolidated investment entities
Liabilities:
Short-term and long-term debt, of which $1,101 is short-term debt in 2024 and $250 in 2023		1,938	2,504
Debt of consolidated investment entities (portion measured at fair value: 2024 - $0; 2023 - $0)*	[1]	1,938	2,504
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		24,933	26,772
Liabilities:
Fortitude Re funds withheld payable (portion measured at fair value: 2024 - $2,223; 2023 - $2,182)		24,291	25,957
Excluding Fortitude
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		1,560	1,620
Liabilities:
Other liabilities (portion measured at fair value: 2024 - $110; 2023 - $141)	[1]	$ 8,044	$ 8,330
[1]See Note 8 for details of balances associated with variable interest entities

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Fixed maturity securities:
Bonds available for sale, allowance for credit losses		$ 119	$ 128
Bonds available for sale, amortized cost		191,058	184,946
Allowance for credit losses		771	698
Other investments	[1]	9,851	10,257
Restricted cash, included in other invested assets		4	3
Short-term Investments	[1]	4,981	4,336
Premiums and other receivables, allowance for credit losses and disputes		1	1
Other assets	[1]	1,844	2,294
Liabilities:
Policyholder contract deposits		173,695	162,050
Short-term debt		$ 1,101	$ 250
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)		88,704,816	26,484,411
Fortitude RE
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Liabilities:
Fortitude Re funds withheld payable		24,291	25,957
Excluding Fortitude
Fixed maturity securities:
Reinsurance asset, allowance for credit loss		12	30
Recurring Basis
Fixed maturity securities:
Other investments		7,791	7,690
Short-term Investments		1,439	1,408
Restricted cash, included in other assets		14	13
Other assets		193	393
Liabilities:
Policyholder contract deposits		9,535	8,050
Fortitude Re funds withheld payable		2,223	2,182
Other liabilities, portion measured at fair value		110	141
Long-term debt, portion measured at fair value		$ 0	$ 0
[1]See Note 8 for details of balances associated with variable interest entities

Consolidated Statements of Inco

Consolidated Statements of Income (Loss) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Premiums	$ 4,600	$ 7,691	$ 5,091
Policy fees	2,901	2,797	2,914
Net investment income	12,228	11,078	9,576
Net realized gains (losses):
Total net realized gains (losses)	(1,883)	(3,572)	6,091
Advisory fee income	506	467	475
Other income	429	417	550
Total revenues	18,781	18,878	24,697
Benefits and expenses:
Policyholder benefits (includes remeasurement losses of $403, $342 and $298 for the years ended December 31, 2024, 2023 and 2022, respectively)	6,632	9,362	6,720
Change in the fair value of market risk benefits, net	(227)	(6)	(958)
Interest credited to policyholder account balances	5,240	4,427	3,732
Amortization of deferred policy acquisition costs and value of business acquired	1,060	1,042	1,020
Non-deferrable insurance commissions	588	588	568
Advisory fee expenses	286	261	266
General operating expenses	2,090	2,360	2,323
Interest expense	554	580	534
Net (gain) loss on divestitures	(245)	(676)	1
Total benefits and expenses	15,978	17,938	14,206
Income (loss) before income tax expense (benefit)	2,803	940	10,491
Income tax expense (benefit):
Current	(35)	306	878
Deferred	635	(402)	1,134
Income tax expense (benefit)	600	(96)	2,012
Net income (loss)	2,203	1,036	8,479
Less:
Net income (loss) attributable to noncontrolling interests	(27)	(68)	320
Net income (loss) attributable to Corebridge	$ 2,230	$ 1,104	$ 8,159
Income (loss) per common share attributable to Corebridge common shareholders:
Common stock - basic (in dollars per share)	$ 3.73	$ 1.72	$ 12.63
Common stock - diluted (in dollars per share)	$ 3.72	$ 1.71	$ 12.60
Weighted average shares outstanding:
Common stock - basic (in shares)	598	643.3	646.1
Common stock - diluted (in shares)	599.2	645.2	647.4
Excluding Fortitude Re Funds Withheld Assets
Revenues:
Net investment income	$ 10,858	$ 9,710	$ 8,685
Net realized gains (losses):
Total net realized gains (losses)	(1,117)	(1,614)	141
Fortitude Re funds withheld assets
Revenues:
Net investment income	1,370	1,368	891
Net realized gains (losses):
Total net realized gains (losses)	(248)	(224)	(397)
Fortitude Re funds withheld embedded derivative
Net realized gains (losses):
Total net realized gains (losses)	$ (518)	$ (1,734)	$ 6,347

Consolidated Statements of In_2

Consolidated Statements of Income (Loss) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Policyholder benefits, remeasurement losses	$ 403	$ 342	$ 298

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 2,203	$ 1,036	$ 8,479
Other comprehensive income (loss), net of tax
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	36	13	(61)
Change in unrealized appreciation (depreciation) of all other investments	(1,540)	4,730	(31,695)
Change in fair value of market risk benefits attributable to changes in our own credit risk	219	(544)	1,294
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	1,247	(813)	5,298
Change in cash flow hedges	(193)	(11)	157
Change in foreign currency translation adjustments	54	48	(101)
Change in retirement plan liabilities	0	(7)	2
Other comprehensive income (loss)	(177)	3,416	(25,106)
Comprehensive income (loss)	2,026	4,452	(16,627)
Less:
Comprehensive income (loss) attributable to noncontrolling interests	(19)	(57)	310
Comprehensive income (loss) attributable to Corebridge	$ 2,045	$ 4,509	$ (16,937)

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Total Corebridge Shareholders' Equity	Common Stock	Common Stock Common Stock Class A	Common Stock Common Stock Class B	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Non- Redeemable Noncontrolling Interests
Balance, beginning of period at Dec. 31, 2021	$ 28,989	$ 27,230	$ 0	$ 5	$ 1	$ 0	$ 8,054	$ 10,937	$ 8,233	$ 1,759
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to Corebridge or noncontrolling interests	8,479	8,159						8,159		320
Dividends on common stock	(876)	(876)						(876)
Other comprehensive income (loss), net of tax	(25,106)	(25,096)							(25,096)	(10)
Changes in noncontrolling interests due to divestitures and acquisitions	(104)									(104)
Contributions from noncontrolling interests	155									155
Distributions to noncontrolling interests / Reorganization transactions	(1,181)		6	(5)	(1)					(1,181)
Other	(37)	(37)					(24)	(13)
Balance, end of period at Dec. 31, 2022	10,319	9,380	6	0	0	0	8,030	18,207	(16,863)	939
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Purchase of common stock	(503)	(503)				(503)
Net income (loss) attributable to Corebridge or noncontrolling interests	1,036	1,104						1,104		(68)
Dividends on common stock	(1,722)	(1,722)						(1,722)
Other comprehensive income (loss), net of tax	3,416	3,405							3,405	11
Changes in noncontrolling interests due to divestitures and acquisitions	(19)									(19)
Contributions from noncontrolling interests	96									96
Distributions to noncontrolling interests / Reorganization transactions	(91)									(91)
Other	103	102					119	(17)		1
Balance, end of period at Dec. 31, 2023	12,635	11,766	6	0	0	(503)	8,149	17,572	(13,458)	869
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under stock plans	1	1	1			24	(24)
Purchase of common stock	(1,803)	(1,803)				(1,803)
Net income (loss) attributable to Corebridge or noncontrolling interests	2,203	2,230						2,230		(27)
Dividends on common stock	(544)	(544)						(544)
Other comprehensive income (loss), net of tax	(177)	(185)							(185)	8
Changes in noncontrolling interests due to divestitures and acquisitions	145									145
Contributions from noncontrolling interests	70									70
Distributions to noncontrolling interests / Reorganization transactions	(199)									(199)
Other	(5)	(3)					36	(1)	(38)	(2)
Balance, end of period at Dec. 31, 2024	$ 12,326	$ 11,462	$ 7	$ 0	$ 0	$ (2,282)	$ 8,161	$ 19,257	$ (13,681)	$ 864

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
Cash flows from operating activities:
Net income (loss)	$ 2,203		$ 1,036		$ 8,479
Non-cash revenues, expenses, gains and losses included in income (loss):
Net losses (gains) on sales of securities available-for-sale and other assets	1,049		304		377
Net (gain) loss on divestitures	(245)		(676)		1
Unrealized (gains) losses in earnings - net	870		1,797		864
Change in the fair value of market risk benefits, net	(831)		(348)		(1,481)
Equity in income from equity method investments, net of dividends or distributions	65		8		(97)
Depreciation and other amortization	193		366		585
Impairments of assets	69		69		25
Changes in operating assets and liabilities:
Insurance liabilities	980		770		996
Premiums and other receivables and payables - net	(167)		(265)		40
Funds held relating to Fortitude Re Reinsurance contracts	(1,420)		(137)		(8,497)
Reinsurance assets and funds held under reinsurance treaties	825		675		1,086
Capitalization of deferred policy acquisition costs	(1,377)		(1,260)		(1,059)
Current and deferred income taxes - net	349		(116)		912
Other, net	(412)		1,134		390
Total adjustments	(52)		2,321		(5,858)
Net cash provided by operating activities	2,151		3,357		2,621
Sales or distributions of:
Available-for-sale securities	8,080		7,400		10,566
Other securities	1,113		988		2,181
Other invested assets	1,733		1,367		1,888
Divestitures, net	577		747		0
Maturities of fixed maturity securities available-for-sale	16,164		8,859		9,621
Principal payments received on mortgage and other loans receivable	5,509		6,164		7,814
Purchases of:
Available-for-sale securities	(29,644)		(18,321)		(19,499)
Other securities	(1,669)		(1,379)		(3,694)
Other invested assets	(924)		(1,172)		(1,662)
Mortgage and other loans receivable	(11,878)		(9,168)		(14,203)
Acquisition of businesses, net of cash and restricted cash acquired	0		(5)		(107)
Net change in short-term investments	(560)		(334)		883
Net change in derivative assets and liabilities	119		(884)		(754)
Other, net	(156)		262		(287)
Net cash used in investing activities	(11,536)		(5,476)		(7,253)
Proceeds from (payments for):
Policyholder contract deposits	39,552		33,015		26,582
Policyholder contract withdrawals	(28,136)		(27,957)		(20,722)
Issuance of short-term debt	0		0		1,512
Repayments of short-term debt	(250)		(1,250)		(8,312)
Maturities and repayments of debt of consolidated investment entities	(982)		(535)		(1,228)
Dividends paid on common stock	(544)		(1,722)		(876)
Distributions to noncontrolling interests	(199)		(91)		(477)
Contributions from noncontrolling interests	70		96		146
Net change in securities lending and repurchase agreements	567		(544)		(647)
Issuance of common stock	1		0		0
Repurchase of common stock	(1,792)		(498)		0
Other, net	(267)		139		299
Net cash provided by (used in) financing activities	9,580		2,114		4,674
Effect of exchange rate changes on cash and restricted cash	1		3		(10)
Net increase (decrease) in cash and restricted cash	196		(2)		32
Cash and restricted cash at beginning of year	628		633		601
Change in cash of businesses held for sale	0		(3)		0
Cash and restricted cash at end of year	824		628		633
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash	806	[1]	612	[1]	552
Restricted cash included in short-term investments	4		3		69
Restricted cash included in other assets	14		13		12
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	824		628		633
Cash (received) paid during the period for:
Interest	538		583		472
Taxes	252		20		1,101
Non-cash investing activities:
Fixed maturity securities, designated available-for-sale, received in connection with pension risk transfer transactions	(1,316)		(4,317)		(1,121)
Fixed maturity securities, designated available-for-sale, received in connection with reinsurance transactions	0		0		(108)
Fixed maturity securities, designated fair value option, received in connection with reinsurance transactions	(232)		(93)		0
Fixed maturity securities, designated available-for-sale, transferred in connection with reinsurance transactions	210		439		204
Fixed maturity securities, designated fair value option, transferred in connection with reinsurance transactions	194		0		0
Fixed maturity securities, designated available-for-sale, transferred to repay debt of consolidated investment entities	0		0		458
Investment assets transferred in conjunction with fund establishment	0		0		19
Investment assets received in conjunction with fund establishment	0		0		(49)
Real estate investments transferred in conjunction with fund establishment	0		0		305
Equity securities distributed in lieu of cash to non-consolidated Corebridge affiliate	0		0		94
Other invested assets securities distributed in lieu of cash to non-consolidated Corebridge affiliate	0		0		694
Other invested assets securities, transferred in connection with reinsurance transactions	43		111		0
Non-cash financing activities:
Interest credited to policyholder contract deposits included in financing activities	5,141		4,501		3,676
Fee income debited to policyholder contract deposits included in financing activities	(2,879)		(2,122)		(1,694)
Non-cash capital contributions	18		16		0
Distribution in lieu of cash, in equity securities, to non-consolidated Corebridge affiliate	0		0		(94)
Distribution in lieu of cash, in Other invested assets securities, to non-consolidated Corebridge affiliate	0		0		(694)
Extinguishment of debt in exchange for partnership interest	0		0		(172)
Redemption of noncontrolling interests in exchange for partnership interest	0		0		(104)
Consolidated Entity, Excluding VIE
Proceeds from (payments for):
Issuance of long-term debt	1,329		1,240		7,451
Consolidated VIE
Proceeds from (payments for):
Issuance of long-term debt	231		221		$ 946
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash	$ 75		$ 61
[1]See Note 8 for details of balances associated with variable interest entities

Overview and Basis of Presentat

Overview and Basis of Presentation	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	1. Overview and Basis of Presentation OVERVIEW 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 products, 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. 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 December 31, 2024, AIG Parent owned approximately 22.7% of the outstanding Corebridge Parent common stock. On December 9, 2024 (the “Closing Date”), Nippon Life Insurance Company, a mutual company organized under the laws of Japan (“Nippon”), in accordance with that stock purchase agreement (the “Purchase Agreement”), dated as of May 16, 2024, completed its purchase of approximately 122 million shares of Corebridge Parent common stock, beneficially owned by AIG Parent, representing 21.6% of the issued and outstanding Corebridge Parent common stock at signing (the “Nippon Transaction”). As of December 31, 2024, Nippon owned approximately 21.7% of the outstanding Corebridge Parent common stock. 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. BASIS OF PRESENTATION These 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 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 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. SIGNIFICANT TRANSACTIONS AIG Life U.K. On September 25, 2023 Corebridge announced that it had entered into a definitive agreement to sell AIG Life U.K., to Aviva plc. 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 year ended December 31, 2024. Laya On October 31, 2023, Corebridge completed the sale of Laya to AXA and received gross proceeds (i.e., net cash before transaction costs) of €691 million ($731 million), resulting in a pre-tax gain of $652 million for the year ended December 31, 2023. Dividend and Affiliated Note On November 1, 2021, Corebridge Parent declared a dividend payable to AIG in the amount of $8.3 billion. In connection with that dividend, Corebridge Parent issued a promissory note to AIG Parent in the amount of $8.3 billion. The promissory note to AIG Parent was paid in full during 2022. Ownership of Fortitude Holdings On March 31, 2022, our ownership interest in FGH Parent, L.P., (“Fortitude Re Bermuda”) was reduced from 3.5% to 2.46% due to a round of equity financing by third-party investors, in which we did not participate. Transfer of AIG Technologies, Inc and Eastgreen, Inc. On February 28, 2022, Corebridge and AIG entered into agreements under which we purchased AIG Technologies, Inc. (“AIGT”) and Eastgreen, Inc. (“Eastgreen”) for total consideration of $107 million. AIGT provides data processing, technology and infrastructure services to Corebridge and AIG entities in the United States, including management of AIG hardware and networks. HELD-FOR-SALE CLASSIFICATION Assets classified as held-for-sale are segregated and reported in Assets held-for-sale in our Consolidated Balance Sheets beginning in the period in which the assets are classified as held-for-sale. At December 31, 2024, we recorded Assets held-for-sale, primarily consisting of real estate, of $198 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, registered index linked 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; • 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 ADJUSTMENTS For the year ended December 31, 2024, the Company recorded an $77 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 was not material to the year ended December 31, 2024.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies The following identifies our significant accounting policies presented in other Notes to these Consolidated Financial Statements, with a reference to the Note where a detailed description can be found: Note 5. Investments • Fixed maturity and equity securities • Other invested assets • Net investment income • Net realized gains (losses) • Allowance for credit losses/Other-than-temporary impairments Note 6. Lending Activities • Mortgage and other loans receivable – net of allowance Note 7. Reinsurance • Reinsurance assets – net of allowance Note 8. Variable Interest Entities Note 9. Derivatives and Hedge Accounting • Derivative assets and liabilities, at fair value Note 10. Deferred Policy Acquisition Costs • Deferred policy acquisition costs (“DAC”) • Value of business acquired (“VOBA”) • Deferred sales inducements (“DSI”) • Non-deferrable insurance commissions Note 11 . Separate Account Assets and Liabilities Note 12 . Future Policy Benefits Note 13 . Policyholder Contract Deposits and Other Policyholder Funds • Policyholder contract deposits • Other policyholder funds • Variable annuities • Fixed annuity and fixed index annuities Note 14 . Market Risk Benefits Note 15. Debt • Short-term and Long-term debt • Debt of consolidated investment entities Note 16. Contingencies, Commitments and Guarantees • Legal contingencies Note 18. Earnings Per Common Share Note 22. Income Taxes OTHER SIGNIFICANT ACCOUNTING POLICIES Insurance revenues include premiums and policy fees. All premiums and policy fees are presented net of reinsurance, as applicable. Premiums from long-duration life products, other than universal and variable life contracts, are recognized as revenues when due. Premiums from individual and group annuity contracts that are life contingent are recognized as revenues when due. For limited payment contracts, premiums are due over a significantly shorter period than the period over which benefits are provided. The difference between the gross premium received and recorded as revenue and the net premium is deferred and recognized in policyholder benefits in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This Deferred Profit Liability (“DPL”) is recorded in the Consolidated Balance Sheets in Future policy benefits for life and accident and health insurance contracts. Premiums on short-duration accident and health policies are earned primarily on a pro rata basis over the term of the related coverage. The reserve for unearned premiums includes the portion of premiums written relating to the unexpired terms of coverage. This unearned revenue reserve (“URR”) is recorded in the Consolidated Balance Sheets in Other policyholder funds. All reinsurance premiums ceded are recognized when due, following a ceded net premium ratio (“NPR”) methodology that also accrues a proportionate amount of estimated benefits. Reinsurance premiums for assumed business are estimated based on information received from ceding companies and reinsurers. Any subsequent differences that arise regarding such estimates are recorded in the periods in which they are determined. Amounts received as payment for investment-oriented contracts such as universal life, variable annuities, fixed annuities, fixed index annuities and registered index linked annuities, are reported as deposits to Policyholder contract deposits or Separate account liabilities, as applicable. Revenues from these contracts are recorded in policy fees and consist of policy charges for the cost of insurance, policy administration charges, surrender charges and amortization of URR. Policy fees are recognized as revenues in the period in which they are assessed against policyholders, unless the fees are designed to compensate Corebridge for services to be provided in the future. Fees deferred as unearned revenue are amortized on a constant level basis over the estimated lives of the contracts, consistent with the amortization of deferred acquisition costs. This URR is recorded in the Consolidated Balance Sheets in Other policyholder funds. Advisory fee income includes fees from registered investment services. Other income includes 12b-1 fees (i.e. marketing and distribution fee income), other asset management fee income, and commission-based broker-dealer services. Advisory fee expense includes primarily sub-advisory fee expenses. Cash represents cash on hand and demand deposits. Short-term investments include highly liquid securities and other investments maturing within one year. Securities included within short-term investments are stated at estimated fair value, while other investments included within short-term investments are stated at amortized cost, which approximates estimated fair value. Premiums and other receivables – net of allowance include premium balances receivable, amounts due from agents and brokers and policyholders, and other receivables. Other assets consist of deferred sales inducement assets, prepaid expenses, deposits, other deferred charges, other fixed assets, capitalized software costs, goodwill, intangible assets other than goodwill, restricted cash and derivative assets. Goodwill represents the future economic benefits arising from assets acquired in a business combination that are not individually identified and separately recognized. Goodwill is tested for impairment at the reporting unit level, which is defined as an operating segment or one level below, and the test is performed annually on July 1, or more frequently if circumstances indicate an impairment may have occurred. The impairment assessment involves an option to first assess qualitative factors to determine whether events or circumstances exist that lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the qualitative test is not performed or if the test indicates a potential impairment is present, we estimate the fair value of each reporting unit and compare the estimated fair value with the carrying amount of the reporting unit, including allocated goodwill. The estimate of a reporting unit’s fair value involves management judgment and is based on one or a combination of approaches including discounted expected future cash flows, market-based earnings multiples of the unit’s peer companies, external appraisals or, in the case of reporting units being considered for sale, third-party indications of fair value, if available. We consider one or more of these estimates when determining the fair value of a reporting unit to be used in the impairment test. We performed our annual goodwill impairment tests of all reporting units and concluded that our goodwill was not impaired. Capitalized software costs represent costs directly related to obtaining, developing or upgrading internal use software, are capitalized and amortized using the straight-line method over a period generally not exceeding ten years. Real estate includes the cost of buildings and furniture and fixtures which is depreciated principally using the straight-line basis over their estimated useful lives (maximum of 40 years for buildings, 10 years for furniture and fixtures and 5 years for office equipment). Expenditures for maintenance and repairs are charged to income as incurred and expenditures for improvements are capitalized and depreciated. We periodically assess the carrying amount of our real estate for purposes of determining any asset impairment. Separate accounts represent funds for which investment income and investment gains and losses accrue directly to the policyholders who bear the investment risk. Each account has specific investment objectives and the assets are carried at fair value. The assets of each account are legally segregated and are not subject to claims that arise from any of our other businesses. The liabilities for these accounts are equal to the account assets. Separate accounts may also include deposits for funds held under stable value wrap funding agreements, although the majority of stable value wrap sales are measured based on the notional amount included in assets under management and do not include the receipt of funds. For a more detailed discussion of separate accounts see Note 11 . Other liabilities consist of other funds on deposit, other payables, securities sold under agreements to repurchase, securities sold but not yet purchased and derivative liabilities. Securities sold but not yet purchased represent sales of securities not owned at the time of sale. The obligations arising from such transactions are recorded on a trade-date basis and carried at fair value. Fair values of securities sold but not yet purchased are based on current market prices. Foreign currency: Financial statement accounts expressed in foreign currencies are translated into U.S. dollars. Functional currency assets and liabilities are translated into U.S. dollars generally using rates of exchange prevailing at the balance sheet date of each respective subsidiary and the related translation adjustments are recorded as a separate component of Accumulated other comprehensive income, net of any related taxes, in Shareholders’ Equity. Income statement accounts expressed in functional currencies are translated using average exchange rates during the period. Functional currencies are generally the currencies of the local operating environment. Financial statement accounts expressed in currencies other than the functional currency of a consolidated entity are remeasured into that entity’s functional currency resulting in exchange gains or losses recorded in income, except for remeasurement gains or losses attributable to available-for-sale securities which are included in Accumulated other comprehensive income (“AOCI”). Non-redeemable noncontrolling interest is the portion of equity (net assets) and net income (loss) in a subsidiary not attributable, directly or indirectly, to Corebridge. Redeemable noncontrolling interest represents noncontrolling interest holders in certain consolidated investment entities where the noncontrolling interest holder has the ability to redeem its interest in the consolidated investment entity at its option. 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. 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 Company adopted the standard effective for the fiscal year ending December 31, 2024. The ASU is applied retrospectively to all prior periods presented. 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. Disaggregation of Income Statement Expenses In November 2024, the FASB issued an ASU to improve the disclosures about a company’s business expenses. The standard requires disclosure about specific types of expenses, such as depreciation, intangible asset amortization and employee compensation, included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. The standard is effective for public companies for annual periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. The standard is allowed to be applied on either a prospective or retrospective basis. We are assessing the impact of this standard.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information	3. Segment Information We report our results of operations consistent with the manner in which our Chief Executive Officer, who is the 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, registered index linked 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 – consists of term and universal life insurance products in the United States. 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. The chief operating decision maker assesses segment performance and allocates capital and resources to the segments based on an evaluation of each segments’ 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 Year Ended December 31, 2024 Premiums $ 137 $ 12 $ 1,483 $ 2,894 $ 74 $ — $ 4,600 $ — $ 4,600 Policy fees 797 442 1,465 197 — — 2,901 — 2,901 Net investment income (a) 5,679 1,920 1,321 2,127 33 (22) 11,058 1,170 12,228 Net realized gains (losses) (a)(b) — — — — 85 — 85 (1,968) (1,883) Advisory fee and other income 454 343 82 8 47 — 934 1 935 Total adjusted revenues 7,067 2,717 4,351 5,226 239 (22) 19,578 (797) 18,781 Policyholder benefits 126 13 2,681 3,821 — — 6,641 (9) 6,632 Change in the fair value of market risk benefits, net — — — — — — — (227) (227) Interest credited to policyholder account balances 2,861 1,206 336 799 — — 5,202 38 5,240 Amortization of deferred policy acquisition costs 618 85 344 13 — — 1,060 — 1,060 Non-deferrable insurance commissions 388 120 58 20 2 — 588 — 588 Advisory fee expenses 150 134 2 — — — 286 — 286 General operating expenses 446 415 469 78 302 (4) 1,706 384 2,090 Interest expense — — — — 543 (19) 524 30 554 Net (gain) on divestitures — — — — — — — (245) (245) Total benefits and expenses 4,589 1,973 3,890 4,731 847 (23) 16,007 (29) 15,978 Noncontrolling interests — — — — 34 — 34 Adjusted pre-tax operating income (loss) $ 2,478 $ 744 $ 461 $ 495 $ (574) $ 1 $ 3,605 Adjustments to: Total revenue (797) Total expenses (29) Noncontrolling interests (34) Income before income tax expense (benefit) $ 2,803 $ 2,803 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2023 Premiums $ 213 $ 20 $ 1,776 $ 5,607 $ 78 $ — $ 7,694 $ (3) $ 7,691 Policy fees 708 406 1,488 195 — — 2,797 — 2,797 Net investment income (a) 4,908 1,996 1,282 1,586 92 (25) 9,839 1,239 11,078 Net realized gains (losses) (a)(b) — — — — (2) — (2) (3,570) (3,572) Advisory fee and other income 426 309 93 2 54 — 884 — 884 Total adjusted revenues 6,255 2,731 4,639 7,390 222 (25) 21,212 (2,334) 18,878 Policyholder benefits 204 31 2,838 6,298 (3) — 9,368 (6) 9,362 Change in the fair value of market risk benefits, net — — — — — — — (6) (6) Interest credited to policyholder account balances 2,269 1,182 340 600 — — 4,391 36 4,427 Amortization of deferred policy acquisition costs 572 82 379 9 — — 1,042 — 1,042 Non-deferrable insurance commissions 355 124 88 19 2 — 588 — 588 Advisory fee expenses 141 118 2 — — — 261 — 261 General operating expenses 402 440 619 85 339 — 1,885 475 2,360 Interest expense — — — — 569 (17) 552 28 580 Net (gain) on divestitures — — — — — — — (676) (676) Total benefits and expenses 3,943 1,977 4,266 7,011 907 (17) 18,087 (149) 17,938 Noncontrolling interests — — — — 68 — 68 Adjusted pre-tax operating income (loss) $ 2,312 $ 754 $ 373 $ 379 $ (617) $ (8) $ 3,193 Adjustments to: Total revenue (2,334) Total expenses (149) Noncontrolling interests (68) Income before income tax expense (benefit) $ 940 $ 940 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2022 Premiums $ 235 $ 19 $ 1,864 $ 2,913 $ 82 $ — $ 5,113 $ (22) $ 5,091 Policy fees 741 415 1,564 194 — — 2,914 — 2,914 Net investment income (a) 3,888 2,000 1,389 1,049 473 (41) 8,758 818 9,576 Net realized gains (losses) (a)(b) — — — — 170 — 170 5,921 6,091 Advisory fee and other income 451 305 121 2 121 — 1,000 25 1,025 Total adjusted revenues 5,315 2,739 4,938 4,158 846 (41) 17,955 6,742 24,697 Policyholder benefits 285 35 3,010 3,404 — — 6,734 (14) 6,720 Change in the fair value of market risk benefits, net — — — — — — — (958) (958) Interest credited to policyholder account balances 1,916 1,147 342 320 — — 3,725 7 3,732 Amortization of deferred policy acquisition costs 523 80 410 7 — — 1,020 — 1,020 Non-deferrable insurance commissions 351 123 72 20 2 — 568 — 568 Advisory fee expenses 141 124 1 — — — 266 — 266 General operating expenses 426 447 656 73 384 (2) 1,984 339 2,323 Interest expense — — — — 535 (51) 484 50 534 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 3,642 1,956 4,491 3,824 921 (53) 14,781 (575) 14,206 Noncontrolling interests — — — — (320) — (320) Adjusted pre-tax operating income (loss) $ 1,673 $ 783 $ 447 $ 334 $ (395) $ 12 $ 2,854 Adjustments to: Total revenue 6,742 Total expenses (575) Noncontrolling interests 320 Income before income tax expense (benefit) $ 10,491 $ 10,491 (a) Adjustments include Fortitude Re activity of $604 million, $(590) million and $6,841 million for the years ended December 31, 2024, 2023 and 2022, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments. Corebridge does not report total assets by segment, as we do not use this metric to allocate resources or evaluate segment performance. The following table presents Corebridge’s consolidated total revenues by major geographic area: Total Revenues* (in millions) 2024 2023 2022 North America $ 18,670 $ 18,299 $ 24,160 International 111 579 537 Consolidated $ 18,781 $ 18,878 $ 24,697 * Revenues are generally reported according to the geographic location of the legal entity. International revenues consisted of revenues from Laya and AIG Life U.K. On October 31, 2023 Corebridge completed the sale of Laya and on April 8, 2024 completed the sale of AIG Life U.K.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. Fair Value Measurements FAIR VALUE MEASUREMENTS ON A RECURRING BASIS We carry certain of our financial instruments at fair value. We define the fair value of a financial instrument as the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We are responsible for the determination of the value of the investments carried at fair value and the supporting methodologies and assumptions. The degree of judgment used in measuring the fair value of financial instruments generally inversely correlates with the level of observable valuation inputs. We maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments for which no quoted prices are available have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is new to the market and not yet established, the characteristics specific to the transaction, liquidity and general market conditions. Assets and liabilities recorded at fair value in the 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. The following is a description of the valuation methodologies used for instruments carried at fair value. These methodologies are applied to assets and liabilities across the levels discussed above, and it is the observability of the inputs used that determines the appropriate level in the fair value hierarchy for the respective asset or liability . VALUATION METHODOLOGIES OF FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE Incorporation of credit risk in fair value measurements • Our own credit risk: Fair value measurements for certain liabilities incorporate our own credit risk by determining the explicit cost for each counterparty to protect against its net credit exposure to us at the balance sheet date by reference to observable Corebridge credit default swaps (“CDS”) or cash bond spreads. We calculate the effect of credit spread changes using discounted cash flow techniques that incorporate current market interest rates. A derivative counterparty’s net credit exposure to us is determined based on master netting agreements, when applicable, which take into consideration all derivative positions with us, as well as collateral we post with the counterparty at the balance sheet date. We also incorporate our own risk of non-performance in the valuation of market risk benefits associated with variable annuity, fixed annuity, fixed index annuity and registered index linked annuity contracts and embedded derivatives associated with fixed index annuity, registered index linked annuity contracts and life contracts. The non-performance risk adjustment (“NPA”) reflects a market participant’s view of our claims-paying ability by incorporating an additional spread to the swap curve used to discount projected benefit cash flows in the valuation of market risk benefits and embedded derivatives. The non-performance risk adjustment is calculated by constructing forward rates based on a weighted average of observable corporate credit indices to approximate the claims-paying ability rating of our insurance operations companies. • Counterparty credit risk: Fair value measurements for freestanding derivatives incorporate counterparty credit by determining the explicit cost for us to protect against our net credit exposure to each counterparty at the balance sheet date by reference to observable counterparty CDS spreads, when available. When not available, other directly or indirectly observable credit spreads will be used to derive the best estimates of the counterparty spreads. Our net credit exposure to a counterparty is determined based on master netting agreements, which take into consideration all derivative positions with the counterparty, as well as collateral posted by the counterparty at the balance sheet date. Fair values for fixed maturity securities based on observable market prices for identical or similar instruments implicitly incorporate counterparty credit risk. Fair values for fixed maturity securities based on internal models incorporate counterparty credit risk by using discount rates that take into consideration cash issuance spreads for similar instruments or other observable information. For fair values measured based on internal models, the cost of credit protection is determined under a discounted present value approach considering the market levels for single name CDS spreads for each specific counterparty, the mid-market value of the net exposure (reflecting the amount of protection required) and the weighted average life of the net exposure. CDS spreads are provided to us by an independent third party. We utilize an interest rate based on the appropriate benchmark curve to derive our discount rates. While this approach does not explicitly consider all potential future behavior of the derivative transactions or potential future changes in valuation inputs, we believe this approach provides a reasonable estimate of the fair value of the assets and liabilities, including consideration of the impact of non-performance risk. Fixed maturity securities Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure fixed maturity securities at fair value. Market price data is generally obtained from dealer markets. We employ independent third-party valuation service providers to gather, analyze, and interpret market information to derive fair value estimates for individual investments, based upon market-accepted methodologies and assumptions. The methodologies used by these independent third-party valuation service providers are reviewed and understood by management, through periodic discussion with and information provided by the independent third-party valuation service providers. In addition, as discussed further below, control processes are applied to the fair values received from independent third-party valuation service providers to ensure the accuracy of these values. Valuation service providers typically obtain data about market transactions and other key valuation model inputs from multiple sources and, through the use of market-accepted valuation methodologies, which may utilize matrix pricing, financial models, accompanying model inputs and various assumptions, provide a single fair value measurement for individual securities. The inputs used by the valuation service providers include, but are not limited to, market prices from completed transactions for identical securities and transactions for comparable securities, benchmark yields, interest rate yield curves, credit spreads, prepayment rates, default rates, recovery assumptions, currency rates, quoted prices for similar securities and other market-observable information, as applicable. If fair value is determined using financial models, these models generally take into account, among other things, market observable information as of the measurement date as well as the specific attributes of the security being valued, including its term, interest rate, credit rating, industry sector, and when applicable, collateral quality and other security or issuer-specific information. When market transactions or other market observable data is limited, the extent to which judgment is applied in determining fair value is greatly increased. We have control processes designed to ensure that the fair values received from independent third-party valuation service providers are accurately recorded, that their data inputs and valuation techniques are appropriate and consistently applied and that the assumptions used appear reasonable and consistent with the objective of determining fair value. We assess the reasonableness of individual security values received from independent third-party valuation service providers through various analytical techniques and have procedures to escalate related questions internally and to the independent third-party valuation service providers for resolution. To assess the degree of pricing consensus among various valuation service providers for specific asset types, we conduct comparisons of prices received from available sources. We use these comparisons to establish a hierarchy for the fair values received from independent third-party valuation service providers to be used for particular security classes. We also validate prices for selected securities through reviews by members of management who have relevant expertise and who are independent of those charged with executing investing transactions. When our independent third-party valuation service providers are unable to obtain sufficient market observable information upon which to estimate the fair value for a particular security, fair value is determined either by requesting brokers who are knowledgeable about these securities to provide a price quote, which is generally non-binding, or by employing market accepted valuation models internally or via our third party asset managers. Broker prices may be based on an income approach, which converts expected future cash flows to a single present value amount, with specific consideration of inputs relevant to particular security types. For structured securities, such inputs may include ratings, collateral types, geographic concentrations, underlying loan vintages, loan delinquencies and defaults, loss severity assumptions, prepayments, and weighted average coupons and maturities. When the volume or level of market activity for a security is limited, certain inputs used to determine fair value may not be observable in the market. Broker prices may also be based on a market approach that considers recent transactions involving identical or similar securities. Fair values provided by brokers are subject to similar control processes to those noted above for fair values from independent third-party valuation service providers, including management reviews. For those corporate debt instruments (for example, private placements) that are not traded in active markets or that are subject to transfer restrictions, valuations reflect illiquidity and non-transferability, based on available market evidence. When observable price quotations are not available, fair value is determined based on discounted cash flow models using discount rates based on credit spreads, yields or price levels of comparable securities, adjusted for illiquidity and structure. Fair values determined internally or via our third party asset managers are also subject to management review to ensure that valuation models and related inputs are reasonable. The methodology above is relevant for all fixed maturity securities including residential mortgage backed securities (“RMBS”), commercial mortgage backed securities (“CMBS”), collateralized loan obligations (“CLOs”), other asset-backed securities (“ABS”) and fixed maturity securities issued by government sponsored entities and corporate entities. Equity securities traded in active markets Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure equity securities. at fair value. Market price data is generally obtained from exchange or dealer markets. Mortgage and other loans receivable We estimate the fair value of mortgage and other loans receivable that are measured at fair value by using dealer quotations, discounted cash flow analyses and/or internal valuation models. The determination of fair value considers inputs such as interest rate, maturity, the borrower’s creditworthiness, collateral, subordination, guarantees, past-due status, yield curves, credit curves, prepayment rates, market pricing for comparable loans and other relevant factors. Other invested assets We initially estimate the fair value of investments in certain hedge funds, private equity funds and other investment partnerships by reference to the transaction price. Subsequently, we generally obtain the fair value of these investments from net asset value information provided by the general partner or manager of the investments, the financial statements of which are generally audited annually. We consider observable market data and perform certain control procedures to validate the appropriateness of using the net asset value as a fair value measurement. The fair values of other investments carried at fair value, such as direct private equity holdings, are initially determined based on transaction price and are subsequently estimated based on available evidence such as market transactions in similar instruments, other financing transactions of the issuer and other available financial information for the issuer, with adjustments made to reflect illiquidity as appropriate. Short-term investments For short-term investments that are measured at amortized cost, the carrying amounts of these assets approximate fair values because of the relatively short period of time between origination and expected realization, and their limited exposure to credit risk. Securities purchased under agreements to resell (reverse repurchase agreements) are generally treated as collateralized receivables. We report certain receivables arising from securities purchased under agreements to resell as Short-term investments in the Consolidated Balance Sheets. When these receivables are measured at fair value, we use market-observable interest rates to determine fair value. Separate account assets Separate account assets are composed primarily of registered and unregistered open-end mutual funds that generally trade daily and are measured at fair value in the manner discussed above for equity securities traded in active markets. Freestanding derivatives Derivative assets and liabilities can be exchange-traded or traded over-the-counter (“OTC”). We generally value exchange-traded derivatives such as futures and options using quoted prices in active markets for identical derivatives at the balance sheet date. We use these OTC derivatives as part of fair value hedges. OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market clearing transactions, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. When models are used, the selection of a particular model to value an OTC derivative depends on the contractual terms of, and specific risks inherent in the instrument, as well as the availability of pricing information in the market. We generally use similar models to value similar instruments. Valuation models require a variety of inputs, including contractual terms, market prices and rates, yield curves, credit curves, measures of volatility, prepayment rates and correlations of such inputs. For OTC derivatives that trade in liquid markets, such as generic forwards, swaps and options, model inputs can generally be corroborated by observable market data by correlation or other means, and model selection does not involve significant management judgment. For certain OTC derivatives that trade in less liquid markets, where we generally do not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, the transaction price may provide the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so the model value at inception equals the transaction price. We will update valuation inputs in these models only when corroborated by evidence such as similar market transactions, independent third-party valuation service providers and/or broker or dealer quotations, or other empirical market data. When appropriate, valuations are adjusted for various factors such as liquidity, bid/offer spreads and credit considerations. Such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Market risk benefits and Embedded derivatives within Policyholder contract deposits Certain variable annuity, fixed annuity, fixed index annuity and registered index linked annuity contracts contain MRBs related to guaranteed benefit features that we separate from the host contracts and account for at fair value, with certain changes recognized in earnings. MRBs are contracts or contract features that provide protection to policyholders from other-than-nominal capital market risks and expose the insurance entity to other-than-nominal capital market risks. The fair value of MRBs contained in certain variable annuity, fixed annuity and fixed index annuity contracts is measured based on policyholder behavior and capital market assumptions related to projected cash flows over the expected lives of the contracts. These discounted cash flow projections primarily include benefits and related fees assessed, when applicable. In some instances, the projected cash flows from fees may exceed projected cash flows related to benefit payments and therefore, at a point in time, the carrying value of the MRBs may be in a net asset position. The projected cash flows incorporate best estimate assumptions for policyholder behavior (including mortality, lapses, withdrawals and benefit utilization), along with an explicit risk margin to reflect a market participant’s estimates of the fair value of projected cash flows and policyholder behavior. Estimates of future policyholder behavior assumptions are subjective and are based primarily on our historical experience. Because of the dynamic and complex nature of the projected cash flows with respect to MRBs in our variable annuity, fixed annuity and fixed index annuity contracts, risk neutral valuations are used, which are calibrated to observable interest rate and equity option prices. Estimating the underlying cash flows for these products involves judgments regarding the capital market assumptions related to expected market rates of return, market volatility, credit spreads, correlations of certain market variables, fund performance and discount rates. Additionally, estimating the underlying cash flows for these products also involves judgments regarding policyholder behavior. The portion of fees attributable to the fair value of expected benefit payments is included within the fair value measurement of these MRBs, and related fees are classified in change in the fair value of MRBs, net, as earned, consistent with other changes in the fair value of these MRBs. Any portion of the fees not attributed to the MRBs is excluded from the fair value measurement and classified in policy fees as earned. Option pricing models are used to estimate the fair value of embedded derivatives in our fixed index annuity, registered index linked annuity contracts and life contracts, taking into account the capital market assumptions for future index growth rates, volatility of the index, future interest rates, and our ability to adjust the participation rate and the cap on fixed index credited rates in light of market conditions and policyholder behavior assumptions. Projected cash flows are discounted using the interest rate swap curve (“swap curve”), which is viewed as being consistent with the credit spreads for highly-rated financial institutions (S&P AA-rated or above). A swap curve shows the fixed-rate leg of a non-complex swap against the floating rate (for example, Secured Overnight Financing Rate (“SOFR”) leg of a related tenor. We also incorporate our own risk of non-performance in the valuation of MRBs and embedded derivatives associated with variable annuity, fixed annuity, fixed index annuity and registered index linked annuity contracts and life contracts. The NPA reflects a market participant’s view of our claims-paying ability by incorporating an additional spread to the swap curve used to discount projected benefit cash flows. The NPA is calculated by constructing forward rates based on a weighted average of observable corporate credit indices to approximate the claims-paying ability rating of our insurance companies. The corporate credit indices are observable for the first 30 years. For years 30 to 50, the yield is derived using market observable yields. Yields for years 50 to 100 are extrapolated using a flat forward approach, maintaining a constant forward spread through the period. MRBs are measured using a NPA that is a locked-in estimate of our claims-paying ability at policy issue (“locked-in NPA”) as well as a NPA that reflects an estimate of our current claims-paying ability (“current NPA”). When MRBs are remeasured each period, both the interest rates and current NPA are updated. Changes in the swap curve and the time value accretion of the at-issue NPA are recorded to net income while the difference between the MRBs measured using the at-issue NPA and the current NPA is recorded to OCI. For embedded derivatives, changes in the interest rates and the period-over-period change in the NPA are recorded to net income. Policyholder contract deposits at fair value option We have elected fair value option on certain GICs recorded using discounted cash flow calculations based on interest rates currently being offered for similar contracts and our current market observable implicit credit spread rates with maturities consistent with those remaining for the contracts being valued. Obligations may be called at various times prior to maturity at the option of the counterparty. Interest rates on these borrowings are primarily fixed, vary by maturity and range up to 5.04%. Fortitude Re funds withheld payable The reinsurance transactions with Fortitude Re were structured as modco arrangements. 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. 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. The fair value of the underlying assets is generally based on market observable inputs using industry standard valuation techniques. The valuation also requires certain significant inputs, which are generally not observable and accordingly, the valuation is considered Level 3 in the fair value hierarchy. Debt of consolidated investment entities The fair value of debt of consolidated investment entities was determined using independent third-party valuation service providers that gather, analyze, and interpret market information to derive fair value estimates for individual securities, based upon market-accepted methodologies and assumptions. Previously, there were six consolidated investment entities which securitized portfolios of certain debt securities previously owned by Corebridge and its affiliates. These were valued using a discounted cash flow model. The discount rate considered current market spreads for U.S. Collateralized Loan Obligations, as well as our own considerations including duration, credit risk, and liquidity. 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: December 31, 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 $ 9 $ 1,359 $ — $ — $ — $ 1,368 Obligations of states, municipalities and political subdivisions — 3,916 745 — — 4,661 Non-U.S. governments — 3,904 — — — 3,904 Corporate debt — 104,644 1,834 — — 106,478 RMBS (b) — 9,739 6,045 — — 15,784 CMBS — 8,956 621 — — 9,577 CLO — 7,956 2,162 — — 10,118 ABS — 1,384 17,566 — — 18,950 Total bonds available-for-sale 9 141,858 28,973 — — 170,840 Other bond securities: U.S. government and government sponsored entities — 188 — — — 188 Obligations of states, municipalities and political subdivisions — 33 1 — — 34 Non-U.S. governments — 27 — — — 27 Corporate debt — 2,727 209 — — 2,936 RMBS (c) — 53 98 — — 151 CMBS — 206 14 — — 220 CLO — 419 59 — — 478 ABS — 68 1,160 — — 1,228 Total other bond securities — 3,721 1,541 — — 5,262 Equity securities 15 — 41 — — 56 Other invested assets (d) — — 1,647 — — 1,647 Derivative assets: Interest rate contracts — 2,556 364 — — 2,920 Foreign exchange contracts — 1,271 — — — 1,271 Equity contracts 1 2,390 654 — — 3,045 Credit contracts — — — — — — Other contracts — 1 13 — — 14 Counterparty netting and cash collateral — — — (4,494) (2,563) (7,057) Total derivative assets 1 6,218 1,031 (4,494) (2,563) 193 Short-term investments 351 1,088 — — — 1,439 Market risk benefit assets — — 1,332 — — 1,332 Separate account assets 90,400 3,488 — — — 93,888 Total $ 90,776 $ 156,373 $ 34,565 $ (4,494) $ (2,563) $ 274,657 Liabilities: Policyholder contract deposits (e) $ — $ 120 $ 9,415 $ — $ — $ 9,535 Derivative liabilities: Interest rate contracts — 3,452 — — — 3,452 Foreign exchange contracts — 268 — — — 268 Equity contracts 7 1,530 9 — — 1,546 Credit contracts — — — — — — Other contracts — — 2 — — 2 Counterparty netting and cash collateral — — — (4,494) (664) (5,158) Total derivative liabilities 7 5,250 11 (4,494) (664) 110 Fortitude Re funds withheld payable (f) — — 2,223 — — 2,223 Market risk benefit liabilities — — 5,616 — — 5,616 Total $ 7 $ 5,370 $ 17,265 $ (4,494) $ (664) $ 17,484 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 $36 million and $7 million classified as Level 2 and Level 3, respectively, as of December 31, 2023. (c) Includes less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of 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 $6.1 billion and $5.8 billion as of December 31, 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 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 Consolidated Balance Sheets of $167 million, as of December 31, 2023. CHANGES IN LEVEL 3 RECURRING FAIR VALUE MEASUREMENTS The following tables present changes during the years ended December 31, 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 Consolidated Balance Sheets at December 31, 2024 and 2023: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value End of Year Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year Year Ended December 31, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 844 $ (1) $ (72) $ (4) $ — $ (22) $ — $ 745 $ — $ (77) Corporate debt 1,357 12 (2) (94) 1,057 (496) — 1,834 — (34) RMBS 5,854 290 31 155 21 (304) (2) 6,045 — 30 CMBS 608 1 95 (180) 252 (155) — 621 — 22 CLO 1,843 17 28 553 41 (320) — 2,162 — 29 ABS 12,906 391 305 3,282 1,161 (479) — 17,566 — 272 Total bonds available-for-sale 23,412 710 385 3,712 2,532 (1,776) (2) 28,973 — 242 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — — — — — 1 — — Corporate debt 167 15 — 10 2

Investments

Investments	12 Months Ended
	Dec. 31, 2024
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Investments	5. Investments FIXED MATURITY SECURITIES Bonds held to maturity are carried at amortized cost when we have the ability and positive intent to hold these securities until maturity. When we do not have the ability or positive intent to hold bonds until maturity, these securities are classified as available-for-sale or the fair value option has been elected. None of our fixed maturity securities met the criteria for held to maturity classification at December 31, 2024 or 2023. Unrealized gains and losses from available-for-sale investments in fixed maturity securities carried at fair value are reported as a separate component of AOCI, net of policy related amounts and deferred income taxes, in Shareholders’ equity. Realized and unrealized gains and losses from fixed maturity securities for which the fair value option has been elected are reflected in Net investment income. Investments in fixed maturity securities are generally recorded on a trade-date basis. Interest income is recognized using the effective yield method and reflects amortization of premium and accretion of discount. Premiums and discounts arising from the purchase of bonds classified as available-for-sale are treated as yield adjustments over their estimated holding periods, until maturity, or call date, if applicable. For investments in certain structured securities, recognized yields are updated based on current information regarding the timing and amount of expected undiscounted future cash flows. For high credit quality structured securities, no assumption is made concerning prepayments. As principal prepayments occur, a portion of the unamortized premium or discount is recorded in net investment income such that the effective yield of a security remains constant throughout the life of the security. For structured securities that are not high credit quality, the structured securities yields are based on expected cash flows which take into account both expected credit losses and prepayments. An allowance for credit losses is not established upon initial recognition of the asset (unless the security is determined to be a purchased credit deteriorated asset which is discussed in more detail below). Subsequently, differences between actual and expected cash flows and changes in expected cash flows are recognized as adjustments to the allowance for credit losses. Changes that cannot be reflected as adjustments to the allowance for credit losses are accounted for as prospective adjustments to yield. 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) December 31, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,698 $ — $ 7 $ (337) $ 1,368 Obligations of states, municipalities and political subdivisions 5,479 — 20 (838) 4,661 Non-U.S. governments 4,734 — 26 (856) 3,904 Corporate debt 123,134 (86) 927 (17,497) 106,478 Mortgage-backed, asset-backed and collateralized: RMBS 16,077 (15) 562 (840) 15,784 CMBS 10,260 (18) 73 (738) 9,577 CLO 10,020 — 156 (58) 10,118 ABS 19,656 — 146 (852) 18,950 Total mortgage-backed, asset-backed and collateralized 56,013 (33) 937 (2,488) 54,429 Total bonds available-for-sale $ 191,058 $ (119) $ 1,917 $ (22,016) $ 170,840 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 $43 million, and an amortized cost $45 million as of December 31, 2023. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. (c) At December 31, 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* December 31, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 264 $ 17 $ 676 $ 320 $ 940 $ 337 Obligations of states, municipalities and political subdivisions 645 46 3,504 792 4,149 838 Non-U.S. governments 922 76 2,587 780 3,509 856 Corporate debt 24,777 2,176 60,591 15,291 85,368 17,467 RMBS 3,164 101 4,964 716 8,128 817 CMBS 839 32 5,665 700 6,504 732 CLO 1,293 31 935 27 2,228 58 ABS 3,620 86 7,711 766 11,331 852 Total bonds available-for-sale $ 35,524 $ 2,565 $ 86,633 $ 19,392 $ 122,157 $ 21,957 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 December 31, 2024 includes mark to market movement relating to embedded derivatives. At December 31, 2024, we he ld 14,190 in dividual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 11,054 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 December 31, 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 December 31, 2024 Due in one year or less $ 3,723 $ 3,700 Due after one year through five years 23,176 22,678 Due after five years through ten years 25,278 23,769 Due after ten years 82,782 66,264 Mortgage-backed, asset-backed and collateralized 55,980 54,429 Total $ 190,939 $ 170,840 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: Years Ended December 31, 2024 2023 2022 (in millions) Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 80 $ (1,274) $ 100 $ (451) $ 120 $ (677) For the years ended December 31, 2024, 2023, and 2022, the aggregate fair value of available-for-sale securities sold was $7.9 billion, $7.6 billion, and $10.0 billion respectively, which resulted in Net realized gains (losses) of $(1,194) million, $(351) million, and $(557) million respectively. Included within the Net realized gains (losses) are $(53) million, $(73) million, and $(232) million of realized gains (losses) for the years ended December 31, 2024, 2023, and 2022 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 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: December 31, 2024 December 31, 2023 (in millions) Fair Value Percent Fair Value Percent Fixed maturity securities: U.S. government and government sponsored entities $ 188 4 % $ — — % Obligations of states, municipalities and political subdivisions 34 1 40 1 Non-U.S. governments 27 1 13 — Corporate debt 2,936 54 2,653 57 Mortgage-backed, asset-backed and collateralized: RMBS 151 3 170 4 CMBS 220 4 228 5 CLO 478 9 423 9 ABS 1,228 23 1,051 23 Total mortgage-backed, asset-backed and collateralized 2,077 39 1,872 41 Total fixed maturity securities 5,262 99 4,578 99 Equity securities 56 1 63 1 Total $ 5,318 100 % $ 4,641 100 % OTHER INVESTED ASSETS The following table summarizes the carrying amounts of other invested assets: (in millions) December 31, 2024 December 31, 2023 Alternative investments (a)(b) $ 7,829 $ 7,690 Investment real estate (c) 1,426 1,932 All other investments (d) 596 635 Total $ 9,851 $ 10,257 (a) At December 31, 2024, included hedge funds of $210 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) Approximately 15% of our hedge fund investments, excluding those in the modco agreement with Fortitude Re, are in liquid funds and have been redeemed, though due to withdrawal terms they will liquidate over the next two quarters. The remaining 85% 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 $528 million and $680 million as of December 31, 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 December 31, 2024 and December 31, 2023, respectively. Other Invested Assets Carried at Fair Value Certain hedge funds, private equity funds, and other investment partnerships for which we have elected the fair value option are reported at fair value with changes in fair value recognized in Net investment income. Other Invested Assets – Equity Method Investments We account for hedge funds, private equity funds and other investment partnerships using the equity method of accounting unless our interest is so minor that we may have virtually no influence over partnership operating and financial policies, or we have elected the fair value option. Under the equity method of accounting, our carrying amount generally is our share of the net asset value of the funds or the partnerships, and changes in our share of the net asset values are recorded in Net investment income. In applying the equity method of accounting, we consistently use the most recently available financial information provided by the general partner or manager of each of these investments. Hedge funds are reported as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag. The financial statements of these investees are generally audited annually. The carrying amount of equity method investments totaled $2.6 billion and $2.9 billion as of December 31, 2024 and December 31, 2023, respectively, representing various ownership percentages each period. Summarized Financial Information of Equity Method Investees The following is the aggregated summarized financial information of our equity method investees, including those for which the fair value option has been elected: Years Ended December 31, (in millions) 2024 2023 2022 Operating results: Total revenues $ 3,400 $ 2,319 $ 6,316 Total expenses (652) (521) (579) Net income $ 2,748 $ 1,798 $ 5,737 December 31, (in millions) 2024 2023 Balance sheet: Total assets $ 26,231 $ 33,168 Total liabilities $ (1,338) $ (1,672) Other Investments Also included in Other invested assets are real estate held for investment. These investments are reported at cost, less depreciation and are subject to impairment review, as discussed below. Net investment income represents income primarily from the following sources: • Interest income and related expenses, including amortization of premiums and accretion of discounts with changes in the timing and the amount of expected principal and interest cash flows reflected in yield, as applicable. • Dividend income from common and preferred stocks. • Realized and unrealized gains and losses from investments in other securities and investments for which we elected the fair value option. • Earnings from alternative investments. • Prepayment premiums. The following table presents the components of Net investment income: Years Ended December 31, 2024 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 8,796 $ 740 $ 9,536 $ 7,894 $ 822 $ 8,716 $ 6,725 $ 954 $ 7,679 Other fixed maturity securities 43 326 369 49 291 340 (30) (378) (408) Equity securities 4 — 4 40 — 40 (82) — (82) Interest on mortgage and other loans 2,485 193 2,678 2,160 199 2,359 1,703 176 1,879 Alternative investments* 159 146 305 18 86 104 675 170 845 Real estate 45 (4) 41 38 — 38 43 — 43 Other investments 60 — 60 61 (1) 60 100 — 100 Total investment income 11,592 1,401 12,993 10,260 1,397 11,657 9,134 922 10,056 Investment expenses 734 31 765 550 29 579 449 31 480 Net investment income $ 10,858 $ 1,370 $ 12,228 $ 9,710 $ 1,368 $ 11,078 $ 8,685 $ 891 $ 9,576 * 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 Net realized gains and losses are determined by specific identification. The Net realized gains and losses are generated primarily from the following sources: • Sales or full redemptions of available-for-sale fixed maturity securities, real estate and other alternative investments. • Reductions to the amortized cost basis of available-for-sale fixed maturity securities that have been written down due to our intent to sell them or it being more likely than not that we will be required to sell them. • Changes in the allowance for credit losses on bonds available-for-sale, mortgage and other loans receivable, and loans commitments. • Most changes in the fair value of free standing and embedded derivatives, including changes in the non-performance adjustment are included in Net realized gains (losses). However, changes in derivatives designated as hedging instruments when the fair value of the hedged item is not reported in Net realized gains (losses) are excluded from Net realized gains (losses). Additionally, changes in the fair value of free standing derivatives that hedge certain MRBs are excluded from Net realized gains (losses). • Foreign exchange gains and losses resulting from foreign currency transactions. • Changes in fair value of the embedded derivative related to the Fortitude Re funds withheld assets. The following table presents the components of Net realized gains (losses): Years Ended December 31, 2024 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (1,141) $ (53) $ (1,194) $ (278) $ (73) $ (351) $ (325) $ (232) $ (557) Intent to sell (15) (32) (47) — — — — — — Change in allowance for credit losses on fixed maturity securities (237) (7) (244) (162) (9) (171) (115) (31) (146) Change in allowance for credit losses on loans (66) 18 (48) (138) (66) (204) (76) (44) (120) Foreign exchange transactions, net of related hedges 134 7 141 (195) (10) (205) 695 61 756 Index-Linked interest credited embedded derivatives, net of related hedges (19) — (19) (776) — (776) (117) — (117) All other derivatives and hedge accounting* 128 (202) (74) (53) (66) (119) (43) (181) (224) Sales of alternative investments and real estate investments 159 21 180 50 (2) 48 179 43 222 Other (60) — (60) (62) 2 (60) (57) (13) (70) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (1,117) (248) (1,365) (1,614) (224) (1,838) 141 (397) (256) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (518) (518) — (1,734) (1,734) — 6,347 6,347 Net realized gains (losses) $ (1,117) $ (766) $ (1,883) $ (1,614) $ (1,958) $ (3,572) $ 141 $ 5,950 $ 6,091 * 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: Years Ended December 31, (in millions) 2024 2023 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ (1,703) $ 6,042 Other investments 3 13 Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ (1,700) $ 6,055 * Excludes net unrealized gains and losses attributable to business Held-for-sale at 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: Years Ended December 31, 2024 2023 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Net gains (losses) recognized during the period on equity securities and other investments $ 4 $ 408 $ 412 $ 41 $ 240 $ 281 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 12 16 28 57 1 58 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (8) $ 392 $ 384 $ (16) $ 239 $ 223 EVALUATING INVESTMENTS FOR AN ALLOWANCE FOR CREDIT LOSSES AND IMPAIRMENTS Fixed Maturity Securities If we intend to sell a fixed maturity security or it is more likely than not that we will be required to sell a fixed maturity security before recovery of its amortized cost basis and if the fair value of the security is below amortized cost, an impairment has occurred and the amortized cost is written down to current fair value, with a corresponding charge to Net realized gains (losses). No allowance is established in these situations and any previously recorded allowance is reversed. The new cost basis is not adjusted for subsequent increases in estimated fair value. When assessing our intent to sell a fixed maturity security, or whether it is more likely than not that we will be required to sell a fixed maturity security before recovery of its amortized cost basis, management evaluates relevant facts and circumstances including, but not limited to, decisions to reposition our investment portfolio, sales of securities to meet cash flow needs and sales of securities to take advantage of favorable pricing. For fixed maturity securities for which a decline in the fair value below the amortized cost is due to credit related factors, an allowance is established for the difference between the estimated recoverable value and amortized cost with a corresponding charge to Net realized gains (losses). The allowance for credit losses is limited to the difference between amortized cost and fair value. The estimated recoverable value is the present value of cash flows expected to be collected, as determined by management. The difference between fair value and amortized cost that is not associated with credit related factors is presented in unrealized appreciation (depreciation) of fixed maturity securities on which an allowance for credit losses was previously recognized (a separate component of AOCI). Accrued interest is excluded from the measurement of the allowance for credit losses. When estimating future cash flows for structured fixed maturity securities (e.g., RMBS, CMBS, CLO, ABS) 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, which vary by asset class: • Current delinquency rates; • Expected default rates and the timing of such defaults; • Loss severity and the timing of any recovery; and • Expected prepayment speeds. When estimating future cash flows for corporate, municipal and sovereign fixed maturity securities determined to be credit impaired, management considers: • Expected default rates and the timing of such defaults; • Loss severity and the timing of any recovery; and • Scenarios specific to the issuer and the security, which may also include estimates of outcomes of corporate restructurings, political and macroeconomic factors, stability and financial strength of the issuer, the value of any secondary sources of repayment and the disposition of assets. We consider severe price declines in our assessment of potential credit impairments. We may also modify our model inputs when we determine that price movements in certain sectors are indicative of factors not captured by the cash flow models. Under the current expected credit loss (“CECL”) model, credit losses are reassessed each period. The allowance for credit losses and the corresponding charge to Net realized gains (losses) can be reversed if conditions change, however, the allowance for credit losses will never be reduced below zero. When we determine that all or a portion of a fixed maturity security is uncollectable, the uncollectable amortized cost amount is written off with a corresponding reduction to the allowance for credit losses. If we collect cash flows that were previously written off, the recovery is recognized by recording a gain in Net realized gains (losses). 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: Years Ended December 31, 2024 2023 2022 (in millions) Structured Non-Structured Total Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of year $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 Additions: Securities for which allowance for credit losses were not previously recorded 21 90 111 59 84 143 36 139 175 Reductions: Securities sold during the period (21) (34) (55) (2) (30) (32) (3) (48) (51) 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 46 87 133 (10) 38 28 (14) (15) (29) Write-offs charged against the allowance (68) (131) (199) (19) (140) (159) — (25) (25) Other — 1 1 — — — — — — Balance, end of year $ 33 $ 86 $ 119 $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 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 years ended December 31, 2024, 2023 and 2022. Other Invested Assets Our equity method investments in private equity funds, hedge funds and other entities are evaluated for impairment each reporting period. Such evaluation considers market conditions, events and volatility that may impact the recoverability of the underlying investments within these private equity funds and hedge funds and is based on the nature of the underlying investments and specific inherent risks. Such risks may evolve based on the nature of the underlying investments. Our investments in real estate are periodically evaluated for recoverability whenever changes in circumstances indicate the carrying amount of an asset may be impaired. When impairment indicators are present, we compare expected investment cash flows to carrying amount. When the expected cash flows are less than the carrying amount, the investments are written down to fair value with a corresponding charge to earnings. 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 and securities lending agreements: (in millions) December 31, 2024 December 31, 2023 Fixed maturity securities available-for-sale $ 2,921 $ 2,655 At December 31, 2024 and December 31, 2023, amounts borrowed under repurchase and securities lending agreements tot aled $3.0 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 December 31, 2024 Bonds available-for-sale: Corporate debt $ 12 $ 675 $ — $ — $ — $ 687 Total $ 12 $ 675 $ — $ — $ — $ 687 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 The following table presents the fair value of securities pledged under our securities lending agreements by collateral type and by remaining contractual maturity: Remaining Contractual Maturity of the Securities Lending Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total December 31, 2024 Bonds available-for-sale: Corporate debt $ — $ 2,234 $ — $ — $ — $ 2,234 Total $ — $ 2,234 $ — $ — $ — $ 2,234 There were no s ec urities lending agreements at December 31, 2023. There were $120 million of reverse repurchase agreements at December 31, 2024 and no reverse repurchase agreements at 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, wa s $9.5 billion and $8.1 billion at December 31, 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 $279 million and $268 million of stock in FHLBs at December 31, 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 $4.2 billion and $3.2 billion, respectively, at December 31, 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 $47 million and $53 million at December 31, 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 $62 million and $63 million at December 31, 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 p

Lending Activities

Lending Activities	12 Months Ended
	Dec. 31, 2024
Receivables [Abstract]
Lending Activities	6. Lending Activities Mortgage and other loans receivable include commercial mortgages, residential mortgages, policy loans on life and annuity contracts, commercial loans, and other loans and notes receivable. Commercial mortgages, residential mortgages, commercial loans, and other loans and notes receivable are carried at unpaid principal balances less allowance for credit losses and plus or minus adjustments for the accretion or amortization of discount or premium. Interest income on such loans is accrued as earned. Direct costs of originating commercial mortgages, commercial loans, and other loans and notes receivable, net of nonrefundable points and fees, are deferred and included in the carrying amount of the related receivables. The amount deferred is amortized to income as an adjustment to earnings using the interest method. Premiums and discounts on purchased residential mortgages are also amortized to income as an adjustment to earnings using the interest method. Policy loans on life and annuity contracts are carried at unpaid principal balances. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made, and the balances are effectively collateralized by the cash surrender value of the policy or annuity. The following table presents the composition of Mortgage and other loans receivable, net: (in millions) December 31, 2024 December 31, 2023 Commercial mortgages (a) $ 35,795 $ 34,172 Residential mortgages 12,735 8,445 Life insurance policy loans 1,726 1,746 Commercial loans, other loans and notes receivable (b) 3,283 3,202 Total mortgage and other loans receivable 53,539 47,565 Allowance for credit losses (c) (771) (698) Mortgage and other loans receivable, net $ 52,768 $ 46,867 (a) Commercial mortgages primarily represent loans for apartments, offices and industrial properties, with exposures in New York and California representing the largest geographic concentrations (aggregating approximately 18% and 10%, respectively, at December 31, 2024, and 19% and 10%, respectively, at December 31, 2023). The weighted average loan-to-value ratio for NY and CA was 65% and 56% at December 31, 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 December 31, 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 December 31, 2024 and December 31, 2023. (c) Does not include allowance for credit losses of $20 million and $58 million at December 31, 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 December 31, 2024, $93 million and $1.0 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 Consolidated Balance Sheets. As of December 31, 2024, accrued interest receivable was $71 million and $154 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*: December 31, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total >1.2X $ 3,997 $ 2,275 $ 6,429 $ 2,589 $ 1,247 $ 14,763 $ 31,300 1.00 - 1.20X 542 284 825 88 214 1,413 3,366 <1.00X — — 25 — — 1,104 1,129 Total commercial mortgages $ 4,539 $ 2,559 $ 7,279 $ 2,677 $ 1,461 $ 17,280 $ 35,795 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 December 31, 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*: December 31, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total Less than 65% $ 3,726 $ 2,234 $ 4,915 $ 2,001 $ 701 $ 10,903 $ 24,480 65% to 75% 813 325 2,084 323 556 3,841 7,942 76% to 80% — — — 220 — 592 812 Greater than 80% — — 280 133 204 1,944 2,561 Total commercial mortgages $ 4,539 $ 2,559 $ 7,279 $ 2,677 $ 1,461 $ 17,280 $ 35,795 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 December 31, 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 December 31, 2024 Credit Quality Performance Indicator: In good standing 591 $ 14,188 $ 7,905 $ 3,899 $ 6,763 $ 1,947 $ 453 $ 35,155 98% 90 days or less delinquent 2 — 343 — — — — 343 1% >90 days delinquent or in process of foreclosure (a) 2 — 111 186 — — — 297 1% Total (b) 595 $ 14,188 $ 8,359 $ 4,085 $ 6,763 $ 1,947 $ 453 $ 35,795 100% Allowance for credit losses $ 36 $ 430 $ 103 $ 28 $ 29 $ — $ 626 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 $21 million of Retail loans supporting the Fortitude Re Funds Withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at December 31, 2024 (b) Does not reflect allowance for credit losses. The following table presents credit quality performance indicators for residential mortgages by year of vintage: December 31, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total FICO*: 780 and greater $ 1,075 $ 667 $ 690 $ 2,258 $ 617 $ 863 $ 6,170 720 - 779 1,647 1,095 579 582 149 440 4,492 660 - 719 609 355 235 150 38 336 1,723 600 - 659 15 12 34 25 10 146 242 Less than 600 3 2 19 12 5 67 108 Total residential mortgages $ 3,349 $ 2,131 $ 1,557 $ 3,027 $ 819 $ 1,852 $ 12,735 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 December 31, 2024 and December 31, 2023 residential loans direct to consumers totaled $8.4 billion and $6.7 billion, respectively. METHODOLOGY USED TO ESTIMATE THE ALLOWANCE FOR CREDIT LOSSES At the time of origination or purchase, an allowance for credit losses is established for mortgage and other loan receivables and is updated each reporting period. Changes in the allowance for credit losses are recorded in net realized gains (losses). This allowance reflects the risk of loss, even when that risk is remote, and reflects losses expected over the remaining contractual life of the loan. The allowance for credit losses considers available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts of future economic conditions. We revert to historical information when we determine that we can no longer reliably forecast future economic assumptions. The allowances for the commercial mortgage loans and residential mortgage loans are estimated utilizing a probability of default and loss given default outputs from portfolio modeling. Loss rate factors are determined based on historical data, current loan and property performance and forecasted information. The loss rates are applied based on individual loan attributes and considering such data points as loan-to-value ratios, FICO scores, and debt service coverage. The estimate of credit losses also reflects management’s assumptions on certain macro real estate factors that include, but are not limited to, real estate values and expected rental values plus certain macroeconomic forecasts such as, employment, inflation, and interest rates. Accrued interest is excluded from the measurement of the allowance for credit losses and accrued interest is reversed through interest income once a loan is placed on non-accrual. When all or a portion of a loan is deemed uncollectible, the uncollectible portion of the carrying amount of the loan is charged off against the allowance. We also have off-balance sheet commitments related to our commercial mortgage loans. The liability for expected credit losses related to these commercial mortgage loan commitments is reported in Other liabilities in the Consolidated Balance Sheets. When a commitment is funded, we record a loan receivable and reclassify the liability for expected credit losses related to the commitment into loan allowance for expected credit losses. Other changes in the liability for expected credit losses on loan commitments are recorded in Net realized gains (losses) in the Consolidated Statements of Income (Loss). The following table presents a rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable*: Years Ended December 31, 2024 2023 2022 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of year $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 Loans charged off (6) (7) (13) (106) — (106) (13) — (13) Net charge-offs (6) (7) (13) (106) — (106) (13) — (13) Addition to (release of) allowance for loan losses 18 68 86 189 15 204 121 (4) 117 Provision for loan losses — — — — — — — — — Divestitures — — — — — — — — — Allowance, end of year $ 626 $ 145 $ 771 $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 * Does not include allowance for credit losses of $20 million, $58 million and $60 million, respectively, at December 31, 2024, 2023 and 2022 in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the 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 years ended December 31, 2024, commercial mortgage loans with an amortized cost of $191 million (including $62 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 years ended December 31, 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	12 Months Ended
	Dec. 31, 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). Certain of our reinsurers have sought rate increases on certain YRT agreements. We have disputed, and expect to continue disputing, any requested rate increases under these agreements. Certain reinsurers may send rate increases in the future and those may result in arbitration. To the extent reinsurers seek retroactive premium increases, our practice is to assess and accrue our current estimate of probable loss with respect to these matters. Reinsurance recoverables are recognized in a manner consistent with the liabilities relating to the underlying reinsured contracts. The reinsurance recoverables for coinsurance and modco contracts, along with amounts recoverable on YRT treaties are determined based on updated NPRs, reflecting updated actuarial assumptions using locked-in upper-medium investment instrument yield discount rates with changes recognized as remeasurement gains and losses reported in income. In addition, reinsurance recoverables are remeasured at the balance sheet date using current upper-medium grade discount rates with changes reported in OCI. For reinsurance agreements that reinsure existing, or non-contemporaneous (in-force) traditional and limited payment long-duration insurance contracts, the reinsurance recoverable is measured using the upper-medium grade fixed-income instrument yield discount rate assumption related to the effective date of the reinsurance contract. Therefore, for non-contemporaneous reinsurance agreements executed after January 1, 2021, the locked-in rate to accrete interest into the income statement related to the reinsurance recoverable would be different from the locked-in rate used for accreting interest on the direct reserve for future policy benefits. Certain reinsured guaranteed benefits previously reported as reinsurance recoverables are classified as Market risk benefit assets in the Consolidated Balance Sheets and are measured at fair value. The following table presents the impacts of reinsurance ceded and the corresponding gross liabilities on the Consolidated Balance Sheets: December 31, (in millions) 2024 2023 Assets Reinsurance assets, net of allowance $ 1,560 $ 1,620 Reinsurance assets - Fortitude Re, net of allowance 24,933 26,772 Total Assets $ 26,493 $ 28,392 Liabilities Future policy benefits for life and accident and health insurance contracts $ 56,272 $ 57,108 Policyholder contract deposits 173,695 162,050 Other policyholder funds 2,873 2,862 Total Liabilities $ 232,840 $ 222,020 The following table presents premiums earned and policy fees for our long-duration life insurance and annuity operations: Years Ended December 31, (in millions) 2024 2023 2022 Premiums Direct $ 4,075 $ 4,706 $ 4,739 Assumed * 1,320 4,111 1,318 Ceded (795) (1,126) (966) Net $ 4,600 $ 7,691 $ 5,091 Policy Fees Direct $ 2,978 $ 2,873 $ 2,992 Assumed — — — Ceded (77) (76) (78) Net $ 2,901 $ 2,797 $ 2,914 * Assumed premiums includes premium from pension risk transfer agreements o f $1.3 billion, $4.1 billion, and $1.3 billion for the years ended December 31, 2024, 2023 and 2022, respectively. 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. As our accounting policy is to include reinsurance balances when performing loss recognition testing and as there will be no future profits recognized on this business, we will not incur any future loss recognition events related to business ceded to Fortitude Re. As of December 31, 2024 and 2023, respectively, approximatel y $24.9 billion and $26.8 billion of liabilities related to business written by Corebridge, had been ceded to Fortitude Re under these reinsurance transactions. 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: December 31, 2024 December 31, 2023 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available-for-sale $ 13,254 $ 13,254 $ 15,204 $ 15,204 Fair value through other comprehensive income Fixed maturity securities - fair value option 4,914 4,914 4,212 4,212 Fair value through net investment income Commercial mortgage loans 3,224 2,983 3,378 3,157 Amortized cost Real estate investments 158 227 184 329 Amortized cost Private equity funds/hedge funds 1,893 1,893 1,910 1,910 Fair value through net investment income Policy loans 315 315 330 330 Amortized cost Short-term Investments 274 274 129 129 Fair value through net investment income Funds withheld investment assets 24,032 23,860 25,347 25,271 Derivative assets, net (a) 2 2 45 45 Fair value through realized gains (losses) Other (b) 429 429 641 641 Amortized cost Total $ 24,463 $ 24,291 $ 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 $7 million and $182 million, respectively, as of December 31, 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: Years Ended December 31, (in millions) 2024 2023 2022 Net investment income - Fortitude Re funds withheld assets $ 1,370 $ 1,368 $ 891 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets (248) (224) (397) Net realized losses Fortitude Re funds withheld embedded derivatives (518) (1,734) 6,347 Net realized losses on Fortitude Re funds withheld assets (766) (1,958) 5,950 Income (loss) before income tax expense (benefit) 604 (590) 6,841 Income tax expense (benefit)* 127 (124) 1,437 Net income (loss) 477 (466) 5,404 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale* (402) 491 (5,064) Comprehensive income (loss) $ 75 $ 25 $ 340 * 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 SECURITY Our third-party reinsurance arrangements do not relieve us from our direct obligations to our beneficiaries. Thus, a credit exposure exists to the extent that any reinsurer fails to meet the obligations assumed under any reinsurance agreement. We hold substantial collateral as security under related reinsurance agreements in the form of funds, securities, and/or letters of credit, as well as funds withheld reinsurance structures. A provision has been recorded for estimated unrecoverable reinsurance. Fortitude Re is our only reinsurer where the amount due from the reinsurer is in excess of 5% of our total reinsurance assets. Our reinsurance asset with Fortitude Re was $24.9 billion and $26.8 billion as of December 31, 2024 and 2023, respectively. Assets held by Corebridge with a fair value of $24.3 billion and $26.0 billion as of December 31, 2024 and 2023, respectively, provide collateral supporting funds withheld balances due to Fortitude Re. We believe that no exposure to a single reinsurer represents an inappropriate concentration of credit risk to Corebridge. STATUTORY REINSURANCE In addition to contracts which qualify for reinsurance accounting under U.S. GAAP, the Company also manages its risks through contracts which follow deposit accounting. Expenses associated with these contracts are recorded in General operating and other expenses within the Consolidated Statements of Income (Loss). For example, certain of our insurance companies manage the capital impact of their statutory reserve requirements, including those resulting from the NAIC Model Regulation “Valuation of Life Insurance Policies” (“Regulation XXX”) and NAIC Actuarial Guideline 38 (“Guideline AXXX”), through reinsurance transactions which do not qualify for reinsurance accounting under U.S. GAAP. Effective July 1, 2016, AGL entered into an agreement to cede approximately $5 billion of statutory reserves for certain whole life and universal life policies to an unaffiliated reinsurer. Effective December 31, 2016, AGL recaptured term and universal life reserves of $16 billion from AGC, subject to Regulation XXX and Guideline AXXX, and ceded approximately $14 billion of such statutory reserves to an unaffiliated reinsurer under an amendment to the July 1, 2016 agreement. Effective March 31, 2023, AGL recaptured term life reserves of $1 billion issued from 2017 to 2019 from AGC subject to Regulation XXX and ceded approximately $2 billion of such statutory reserves to the same unaffiliated reinsurer under an amendment to the July 1, 2016 agreement. Effective September 30, 2023, AGL recaptured universal life reserves of $1 billion issued from 2017 to 2019 from AGC subject to Guideline AXXX and ceded approximately $2 billion of such statutory reserves to the same unaffiliated reinsurer under an amendment to the July 1, 2016 agreement. Under one affiliated reinsurance arrangement, USL obtains letters of credit to support statutory recognition of the ceded reinsurance. As of December 31, 2024 USL had one bilateral letter of credit currently in the amount of $125 million, which was issued on May 9, 2022 and expires on February 7, 2028. 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 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. T he total reinsurance recoverables as of December 31, 2024 were $26.5 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: Years Ended December 31, (in millions) 2024 2023 2022 Balance, beginning of year $ 30 $ 84 $ 101 Current period provision for expected credit losses and disputes (8) (5) 8 Write-offs charged against the allowance for credit losses and disputes (10) (49) — Other changes — — (25) Balance, end of year $ 12 $ 30 $ 84 There w ere no material recoveries of credit losses previously written off for th e year ended December 31, 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	12 Months Ended
	Dec. 31, 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 Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles Total December 31, 2024 Assets: Bonds available-for-sale $ 38 $ — $ 38 Other bond securities 44 — 44 Equity securities 2 — 2 Mortgage and other loans receivable — 1,919 1,919 Other invested assets Alternative investments (a) 2,433 — 2,433 Investment real estate 926 — 926 Short-term investments 131 1 132 Cash 75 — 75 Accrued investment income 2 5 7 Other assets 77 — 77 Total assets (b) $ 3,728 $ 1,925 $ 5,653 Liabilities: Debt of consolidated investment entities $ 658 $ 977 $ 1,635 Other liabilities 78 — 78 Total liabilities $ 736 $ 977 $ 1,713 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 December 31, 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 December 31, 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 Consolidated Income Statements: Real Estate and Investment Entities Securitization and Repackaging Vehicles (in millions) Total December 31, 2024 Total revenue $ 104 $ 68 $ 172 Net (loss) attributable to noncontrolling interests (27) — (27) Net income attributable to Corebridge 47 42 89 December 31, 2023 Total revenue $ 11 $ 131 $ 142 Net income attributable to noncontrolling interests (68) — (68) Net income attributable to Corebridge 13 94 107 December 31, 2022 Total revenue $ 681 $ 229 $ 910 Net income attributable to noncontrolling interests 318 3 321 Net income (loss) attributable to Corebridge 314 47 361 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 December 31, 2024 Real estate and investment entities (a) $ 463,464 $ 5,837 $ 2,800 $ 8,637 Total $ 463,464 $ 5,837 $ 2,800 $ 8,637 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 December 31, 2024 and December 31, 2023, $5.8 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. REAL ESTATE AND INVESTMENT ENTITIES Through our insurance operations and Corebridge Real Estate Investors Inc., we are an investor in various real estate investment entities, some of which are VIEs. These investments are typically with unaffiliated third-party developers via a partnership or limited liability company structure. The VIEs’ activities consist of the development or redevelopment of commercial, industrial and residential real estate. Our involvement varies from being a passive equity investor or finance provider to actively managing the activities of the VIEs. Our insurance operations participate as passive investors in the equity interests issued by certain third party-managed hedge and private equity funds that are VIEs. Our insurance operations typically are not involved in the design or establishment of these VIEs, nor do they actively participate in the management of the VIEs. SECURITIZATION AND REPACKAGING VEHICLES We created certain VIEs that hold investments, primarily in investment grade debt securities and loans, and issued beneficial interests in these investments. Some of these VIEs were created to facilitate our purchase of asset-backed securities. In these situations, all of the beneficial interests are owned by Corebridge and affiliated entities and are consolidated by Corebridge. In other instances, we have created VIEs that are securitizations of residential mortgage loans or other forms of collateralized loan obligations or we repackage loans and other assets into pass-through securities. Corebridge subsidiaries or affiliated entities own some of the beneficial interests of these VIEs, and we maintain the power to direct the activities of the VIEs that most significantly impact their economic performance. Accordingly, we consolidate these entities and those beneficial interests issued to third parties are reported as debt of consolidated investment entities. This debt is non-recourse to Corebridge. RMBS, CMBS, OTHER ABS AND CLOs Primarily through our insurance operations, we are a passive investor in RMBS, CMBS, other ABS and CLOs, the majority of which are issued by domestic special purpose entities. We generally do not sponsor or transfer assets to, or act as the servicer to these asset-backed structures and were not involved in the design of these entities. Our maximum exposure in these types of structures is limited to our investment in securities issued by these entities and, where applicable, any unfunded commitments to these entities. Conditional unfunded commitments for these unconsolidated entities are $595 million at December 31, 2024. Based on the nature of our investments and our passive involvement in these types of structures, we have determined that we are not the primary beneficiary of these entities. We have not included these entities in the above tables; however, the fair values of our investments in these structures are reported in Notes 4 and 5 . 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.

Derivatives and Hedge Accountin

Derivatives and Hedge Accounting	12 Months Ended
	Dec. 31, 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 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 Consolidated Balance Sheets in Other assets Other liabilities 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 Consolidated Balance Sheets: December 31, 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 $ 2,378 $ 217 $ 11,853 $ 414 $ 2,213 $ 238 $ 833 $ 18 Foreign exchange contracts 7,062 558 978 46 2,918 354 4,829 164 Derivatives not designated as hedging instruments: (a) Interest rate contracts 46,448 2,703 36,575 3,038 41,056 2,709 41,225 3,260 Foreign exchange contracts 10,360 713 2,857 222 6,260 586 7,878 399 Equity contracts 41,040 3,046 24,117 1,546 76,561 2,017 14,144 745 Credit contracts (b) — — 5 — 305 8 5 — Other contracts (c) 45,016 13 45 2 44,640 13 47 2 Total derivatives, gross $ 152,304 $ 7,250 $ 76,430 $ 5,268 $ 173,953 $ 5,925 $ 68,961 $ 4,588 Counterparty netting (d) (4,494) (4,494) (3,646) (3,646) Cash collateral (e) (2,563) (664) (1,886) (801) Total derivatives on Condensed Consolidated Balance Sheets (f) $ 193 $ 110 $ 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 December 31, 2024 and December 31, 2023. The fair value of liabilities related to bifurcated embedded derivatives was $11.8 billion and $10.2 billion at December 31, 2024 and December 31, 2023, respectively. A bifurcated embedded derivative is generally presented with the host contract in the Consolidated Balance Sheets. Embedded derivatives are primarily related to guarantee features in fixed index annuities and index universal life contracts, which include equity and interest rate components; bonds available-for-sale 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: December 31, 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 $ 2,126 $ 21 $ — $ — $ 53,163 $ 622 $ 5,720 $ 232 Total derivatives with third parties 150,178 7,229 76,430 5,268 120,790 5,303 63,241 4,356 Total derivatives, gross $ 152,304 $ 7,250 $ 76,430 $ 5,268 $ 173,953 $ 5,925 $ 68,961 $ 4,588 As of December 31, 2024 and December 31, 2023, the following amounts were recorded on the 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: December 31, 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 $ 6,910 $ — $ 7,412 $ — Commercial mortgage and other loans (a) — (21) — (24) Policyholder contract deposits (b) (8,759) 88 (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 $1.4 billion and $1.4 billion at December 31, 2024 and December 31, 2023, respectively. No collateral was posted by us to related parties for derivative transactions at December 31, 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 $2.7 billion and $1.9 billion at December 31, 2024 and December 31, 2023, respectively. Collateral provided to us from related parties for derivative transactions was $21 million and $377 million at December 31, 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 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 both third parties and related parties as fair value hedges of fixed rate GICs 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 year ended December 31, 2022, we recognized derivative gains of $223 million in AOCI and reclassified $21 million into Interest expense. For the year ended December 31, 2024 and 2023, $28 million and $28 million, respectively, has been reclassified into Interest expense. The remaining amount in AOCI, of $146 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. We also designated certain interest rate swaps as cash flow hedges of floating-rate investment assets. Related to such swaps, for the year ended December 31, 2024, we recognized derivative gains (losses) of $(218) million in AOCI and $(41) million in net investment income. For the year ended December 31, 2023, we recognized derivative gains (losses) of $13 million in AOCI and $(2) million 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 years ended December 31, 2024, 2023 and 2022 of $6 million, $(3) million and $9 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 Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Year Ended December 31, 2024 Interest rate contracts: Interest credited to policyholder account balances $ (118) $ — $ 119 $ 1 Net investment income — — — — Foreign exchange contracts: Realized gains (losses) $ 385 $ 4 $ (385) $ 4 Year Ended December 31, 2023 Interest rate contracts: Interest credited to policyholder account balances $ 86 $ — $ (98) $ (12) Net investment income — — 1 1 Foreign exchange contracts: Realized gains (losses) $ (243) $ 15 $ 243 $ 15 Year Ended December 31, 2022 Interest rate contracts: Interest credited to policyholder account balances $ (156) $ — $ 151 $ (5) Net investment income 11 — (12) (1) Foreign exchange contracts: Realized gains (losses) $ 459 $ 171 $ (459) $ 171 (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 years ended December 31, 2024, 2023 and 2022. (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 Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Earnings Years Ended December 31, (in millions) 2024 2023 2022 By Derivative Type: Interest rate contracts $ (750) $ (397) $ (2,386) Foreign exchange contracts 339 (215) 1,028 Equity contracts 241 (120) (483) Credit contracts 87 — (1) Other contracts 62 64 64 Embedded derivatives (984) (1,477) 1,120 Fortitude Re funds withheld embedded derivative (518) (1,734) 6,347 Total (a) $ (1,523) $ (3,879) $ 5,689 By Classification: Policy fees $ 62 $ 64 $ 61 Net investment income (loss) - Fortitude Re funds withheld assets 17 (10) (10) Net realized gains (losses) - excluding Fortitude Re funds withheld assets (b) 392 (990) 817 Net realized losses on Fortitude Re funds withheld assets (172) (90) (121) Net realized gains (losses) on Fortitude Re funds withheld embedded derivatives (518) (1,734) 6,347 Policyholder benefits (5) — (19) Change in the Fair value of market risk benefits (c) (1,299) (1,119) (1,386) Total (a) $ (1,523) $ (3,879) $ 5,689 (a) Includes gains (losses) with related parties of $0.2 billion, $(1.1) billion and $(2.5) billion for the years ended December 31, 2024, 2023 and 2022, respectively. (b) Includes a $5 million gain and $13 million loss related to the sale of Laya and AIG Life U.K., reported in net (gain) loss on divestitures for the years ended December 31, 2024 and 2023 respectively. 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 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 Consolidated Balance Sheets. The fair values of these hybrid securities were both zero at December 31, 2024 and December 31, 2023. These securities have par amounts of $25 million and $25 million at December 31, 2024 and December 31, 2023, respectively, and have remaining stated maturity dates that extend to 2052.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	12 Months Ended
	Dec. 31, 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 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 (i.e., approximating straight line amortization with adjustments for expected terminations) over the expected term of the related contracts using assumptions consistent with those used in estimating the related liability for future policy benefits, or any other related balances, for those corresponding contracts, as applicable. Capitalized expenses are only included in DAC amortization as expenses are incurred. For amortization purposes, contracts are grouped into annual cohorts by issue year and product and to segregate reinsured and non-reinsured contracts. For life insurance contracts, amortization is based on insurance in-force, while initial deposits are used for deferred annuity contracts, structured settlements and pension risk transfer products. Changes in future assumptions (e.g., expected duration of contracts or amount of coverage expected to be in force) are applied by adjusting the amortization rate prospectively. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization expense each period. DAC is capped at the amount of expenses capitalized as the DAC balance does not accrue interest. DAC is not subject to recoverability testing. Value of Business Acquired (“VOBA”): VOBA is determined at the time of acquisition and is reported in the 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. Internal Replacements of Long-duration and Investment-oriented Products: For some products, policyholders can elect to modify product benefits, features, rights or coverages by exchanging a contract for a new contract or by amendment, endorsement, or rider to a contract, or by the election of a feature or coverage within a contract. These transactions are known as internal replacements. If the modification does not substantially change the contract, we do not change the accounting and amortization of existing DAC and related actuarial balances. If an internal replacement represents a substantial change, the original contract is considered to be extinguished and any related DAC or other policy balances are charged or credited to income, and any new deferrable costs associated with the replacement contract are deferred. The following table presents a rollforward of deferred policy acquisition costs and value of business acquired related to long-duration contracts for the years ended December 31, 2024, 2023 and 2022: Individual Group Life Institutional Total (in millions) DAC: Balance at January 1, 2024 (a) $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Capitalization 850 78 411 38 1,377 Amortization expense (617) (84) (342) (13) (1,056) Other, including foreign exchange — — (7) — (7) Dispositions — — (27) — (27) Balance at December 31, 2024 $ 5,010 $ 1,049 $ 4,127 $ 95 $ 10,281 Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 705 77 450 28 1,260 Amortization expense (571) (82) (372) (9) (1,034) Other, including foreign exchange — — 36 — 36 Reclassified to Assets held-for-sale — — (740) — (740) Balance at December 31, 2023 $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Balance at January 1, 2022 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 562 62 414 21 1,059 Amortization expense (523) (80) (401) (7) (1,011) Other, including foreign exchange — — (60) (1) (61) Balance at December 31, 2022 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 VOBA: Balance at January 1, 2024 (b) $ 2 $ 1 $ 14 $ — $ 17 Amortization expense (1) (1) (2) — (4) Other, including foreign exchange — — (1) — (1) Balance at December 31, 2024 $ 1 $ — $ 11 $ — $ 12 Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 8 — 8 Reclassified to Assets held-for-sale — — (74) — (74) Balance at December 31, 2023 $ 2 $ 1 $ 14 $ — $ 17 Balance at January 1, 2022 $ 3 $ 1 $ 109 $ — $ 113 Amortization expense — — (9) — (9) Other, including foreign exchange — — (13) — (13) Balance at December 31, 2022 $ 3 $ 1 $ 87 $ — $ 91 Total DAC and VOBA: Balance at December 31, 2024 $ 10,293 Balance at December 31, 2023 $ 10,011 Balance at December 31, 2022 $ 10,563 (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. Changes in future assumptions (e.g., expected duration of contracts) are applied by adjusting the amortization rate prospectively rather than through a retrospective catch up adjustment. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization expense each period, consistent with DAC. The following table presents a rollforward of deferred sales inducement assets related to long-duration contracts for the years ended December 31, 2024, 2023 and 2022: Years Ended December 31, 2024 2023 2022 Individual Group Total Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Capitalization 5 1 6 7 1 8 9 — 9 Amortization expense (50) (13) (63) (55) (14) (69) (56) (14) (70) Balance, end of period $ 288 $ 152 $ 440 $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 Other reconciling items* 1,404 1,797 1,963 Other assets, including restricted cash $ 1,844 $ 2,294 $ 2,521 * Other reconciling items include prepaid expenses, goodwill, intangible assets and any similar items.

Separate Account Assets and Lia

Separate Account Assets and Liabilities	12 Months Ended
	Dec. 31, 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 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) December 31, 2024 Equity funds $ 26,822 $ 30,097 $ 945 $ 676 $ 58,540 Bond funds 4,092 3,070 46 1,302 8,510 Balanced funds 17,230 5,666 53 2,207 25,156 Money market funds 674 839 15 154 1,682 Total $ 48,818 $ 39,672 $ 1,059 $ 4,339 $ 93,888 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) Year Ended December 31, 2024 Separate accounts balance, beginning of year $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Premiums and deposits 1,350 1,441 34 123 2,948 Policy charges (1,157) (475) (47) (98) (1,777) Surrenders and withdrawals (5,267) (4,223) (34) (91) (9,615) Benefit payments (965) (674) (12) (23) (1,674) Investment performance 6,875 5,751 192 387 13,205 Net transfers from (to) general account and other 89 (336) (6) 49 (204) Separate accounts balance, end of period $ 48,818 $ 39,672 $ 1,059 $ 4,339 $ 93,888 Cash surrender value * $ 47,920 $ 39,576 $ 1,040 $ 4,336 $ 92,872 Year Ended December 31, 2023 Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 1,408 1,374 36 41 2,859 Policy charges (1,241) (441) (49) (93) (1,824) Surrenders and withdrawals (3,744) (3,047) (25) (721) (7,537) Benefit payments (844) (557) (7) (68) (1,476) Investment performance 6,933 6,666 181 287 14,067 Net transfers from (to) general account and other 203 (168) (3) 31 63 Separate accounts balance, end of period $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Cash surrender value * $ 46,911 $ 37,992 $ 911 $ 3,994 $ 89,808 Year Ended December 31, 2022 Separate accounts balance, beginning of year $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Premiums and deposits 2,420 1,611 37 69 4,137 Policy charges (1,325) (461) (51) (100) (1,937) Surrenders and withdrawals (3,320) (2,452) (22) (131) (5,925) Benefit payments (898) (613) (6) (59) (1,576) Investment performance (9,861) (8,479) (201) (319) (18,860) Net transfers from (to) general account and other 235 (383) (2) 53 (97) Separate accounts balance, end of period $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Cash surrender value * $ 44,124 $ 34,169 $ 777 $ 4,518 $ 83,588 * 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	12 Months Ended
	Dec. 31, 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. This NPR method incorporates periodic retrospective revisions to the NPR to reflect updated actuarial assumptions and variances in actual versus expected experience. The Future policy benefit liability is accrued by multiplying the gross premium recognized in each period by the NPR. The net premium is equal to the portion of the gross premium required to provide for all benefits and certain expenses and may not exceed 100%. Benefits in excess of premiums are expensed immediately through policyholder benefits. In addition, periodic revisions to the NPR below 100% may result in reclassification between the benefit reserves and deferred profit liability for limited pay contracts. Insurance contracts are aggregated into annual cohorts for the purposes of determining the liability for future policy benefits (“LFPB”), but are not aggregated across segments. These annual cohorts may be further segregated based on product characteristics, or to distinguish business reinsured from non-reinsured business or products issued in different functional currencies. The assumptions used to calculate the future policy benefits include discount rates, persistency and recognized morbidity and mortality tables modified to reflect the Company's experience. The current discount rate assumption for the liability for future policy benefits is derived from market observable yields on upper-medium-grade fixed income instruments. The Company uses an external index as the source of the yields on these instruments for the first 30 years. For years 30 to 50, the yield is derived using market observable yields. Yields for years 50 to 100 are extrapolated using a flat forward approach, maintaining a constant forward spread through the period. The current discount rate assumption is updated quarterly and used to remeasure the liability at the reporting date, with the resulting change in the discount rate reflected in OCI. The method for constructing and applying the locked-in discount rate assumptions on newly issued business is determined based on factors such as product characteristics and the expected timing of cash flows. This discount rate assumption is derived from market observable yields on upper-medium-grade fixed income instruments. Similar to the current discount rate assumption, the Company may employ conversion and interpolation methodologies when necessary. The applicable interest accretion is reflected in policyholder benefits in the Consolidated Statements of Income (Loss). 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 Consolidated Balance Sheets: Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 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 — — 16 — (3) 13 Adjusted beginning of year balance — — 14,107 — 1,003 15,110 Issuances — — 910 — — 910 Interest accrual — — 375 — 42 417 Net premium collected — — (1,153) — (113) (1,266) Foreign exchange impact — — (46) — — (46) Other — — (1) — — (1) Dispositions — — (5,108) — — (5,108) Ending balance at original discount rate — — 9,084 — 932 10,016 Effect of changes in discount rate assumptions (AOCI) — — (797) — (61) (858) Balance, end of year $ — $ — $ 8,287 $ — $ 871 $ 9,158 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) (34) (3) 35 (3) — (5) Adjusted beginning of year balance 1,451 211 25,406 20,344 21,052 68,464 Issuances 123 13 895 2,842 6 3,879 Interest accrual 63 11 836 897 1,002 2,809 Benefit payments (139) (25) (1,615) (1,229) (1,478) (4,486) Foreign exchange impact — — (61) (161) — (222) Other — (5) 2 — (6) (9) Dispositions — — (6,796) — — (6,796) Ending balance at original discount rate 1,498 205 18,667 22,693 20,576 63,639 Effect of changes in discount rate assumptions (AOCI) (165) (3) (1,720) (3,206) (1,536) (6,630) Balance, end of year $ 1,333 $ 202 $ 16,947 $ 19,487 $ 19,040 $ 57,009 Net liability for future policy benefits, end of year 1,333 202 8,660 19,487 18,169 47,851 Liability for future policy benefits for certain participating contracts — — 12 — 1,263 1,275 Liability for universal life policies (b) — — 4,034 — 54 4,088 Deferred profit liability 57 11 23 1,587 816 2,494 Other reconciling items (c) 29 — 441 — 94 564 Future policy benefits for life and accident and health insurance contracts 1,419 213 13,170 21,074 20,396 56,272 Less: Reinsurance recoverable: (4) — (664) (41) (20,396) (21,105) Net liability for future policy benefits after reinsurance recoverable $ 1,415 $ 213 $ 12,506 $ 21,033 $ — $ 35,167 Weighted average liability duration of the liability for future policy benefits (d) 7.3 6.4 10.7 11.2 10.6 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 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 — — 62 — 20 82 Adjusted beginning of year balance — — 13,622 — 1,098 14,720 Issuances — — 1,277 — — 1,277 Interest accrual — — 437 — 46 483 Net premium collected — — (1,464) — (118) (1,582) Foreign exchange impact — — 265 — — 265 Other — — 11 — (9) 2 Ending balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in discount rate assumptions (AOCI) — — (1,482) — (44) (1,526) Reclassified to Liabilities held-for-sale — — (4,287) — — (4,287) Balance, end of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 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) (5) (2) 122 15 — 130 Adjusted beginning of year balance 1,385 211 24,787 15,113 21,588 63,084 Issuances 173 18 1,266 5,339 4 6,800 Interest accrual 55 11 908 664 1,026 2,664 Benefit payments (128) (26) (1,921) (1,087) (1,503) (4,665) Foreign exchange impact — — 345 359 — 704 Other — — 10 — (24) (14) Ending balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 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) Balance, end of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Net liability for future policy benefits, end of year 1,353 217 9,152 18,482 19,681 48,885 Liability for future policy benefits for certain participating contracts — — 13 — 1,300 1,313 Liability for universal life policies (b) — — 3,731 — 55 3,786 Deferred profit liability 84 10 19 1,543 855 2,511 Other reconciling items (c) 33 — 485 — 95 613 Future policy benefits for life and accident and health insurance contracts 1,470 227 13,400 20,025 21,986 57,108 Less: Reinsurance recoverable: (4) — (719) (39) (21,986) (22,748) Net liability for future policy benefits after reinsurance recoverable $ 1,466 $ 227 $ 12,681 $ 19,986 $ — $ 34,360 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.8 6.8 12.8 12.1 11.5 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 2022 Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — 123 — — 123 Effect of actual variances from expected experience — — (79) — 7 (72) Adjusted beginning of year balance — — 13,707 — 1,131 14,838 Issuances — — 1,358 — — 1,358 Interest accrual — — 397 — 48 445 Net premium collected — — (1,418) — (123) (1,541) Foreign exchange impact — — (517) — — (517) Other — — (1) — 1 — Ending balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in discount rate assumptions (AOCI) — — (1,872) — (66) (1,938) Balance, end of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Present value of expected future policy benefits Balance, beginning of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Effect of changes in discount rate assumptions (AOCI) (95) (46) (2,717) (870) (5,673) (9,401) Beginning balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in cash flow assumptions (a) — — 140 (6) — 134 Effect of actual variances from expected experience (a) (30) (2) (94) 3 1 (122) Adjusted beginning of year balance 1,248 216 24,771 13,017 22,002 61,254 Issuances 216 12 1,374 2,782 9 4,393 Interest accrual 42 10 876 459 1,233 2,620 Benefit payments (116) (26) (1,757) (821) (1,483) (4,203) Foreign exchange impact — — (657) (339) — (996) Other — 1 (4) — (249) (252) Ending balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in discount rate assumptions (AOCI) (167) (2) (3,424) (2,634) (1,083) (7,310) Balance, end of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Net liability for future policy benefits, end of year 1,223 211 9,525 12,464 19,438 42,861 Liability for future policy benefits for certain participating contracts — — 14 — 1,338 1,352 Liability for universal life policies (b) — — 3,300 — 55 3,355 Deferred profit liability 99 12 15 1,281 896 2,303 Other reconciling items (c) 37 — 500 — 110 647 Future policy benefits for life and accident and health insurance contracts 1,359 223 13,354 13,745 21,837 50,518 Less: Reinsurance recoverable: (4) — (1,107) (36) (21,837) (22,984) Net liability for future policy benefits after reinsurance recoverable $ 1,355 $ 223 $ 12,247 $ 13,709 $ — $ 27,534 Weighted average liability duration of the liability for future policy benefits (d) 7.6 6.9 12.2 10.8 11.4 (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 Consolidated Balance Sheets. For the years ended December 31, 2024, 2023 and 2022 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, $(1) million and $26 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: Years Ended December 31, (in millions) 2024 2023 2022 Individual Retirement Undiscounted expected future benefits and expense $ 2,149 $ 2,131 $ 1,959 Undiscounted expected future gross premiums $ — $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 303 $ 313 $ 321 Undiscounted expected future gross premiums $ — $ — $ — Life Insurance (a)(b) Undiscounted expected future benefits and expense $ 31,027 $ 40,489 $ 38,909 Undiscounted expected future gross premiums $ 21,729 $ 30,458 $ 29,035 Institutional Markets Undiscounted expected future benefits and expense $ 43,212 $ 38,253 $ 25,066 Undiscounted expected future gross premiums $ — $ — $ — Corporate and other (c)(d) Undiscounted expected future benefits and expense $ 41,656 $ 43,071 $ 44,530 Undiscounted expected future gross premiums $ 1,973 $ 2,146 $ 2,262 (a) 2023 includes balances related to AIG Life U.K. that have been reclassified to Liabilities held-for-sale in the Consolidated Balance Sheets at September 30, 2023. (b) Life insurance discounted expected future gross premiums (at current discount rate) for 2024 and 2023 were $14.3 billion and $20.2 billion, respectively. (c) Corporate and other discounted expected future gross premiums (at current discount rate) for 2024 and 2023 were $1.3 billion and $1.4 billion, respectively. (d) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2024 2023 2022 2024 2023 2022 Individual Retirement $ 134 $ 202 $ 224 $ 63 $ 55 $ 42 Group Retirement 12 19 19 11 11 10 Life Insurance 1,999 2,393 2,342 461 471 479 Institutional Markets 2,930 5,638 2,940 897 664 459 Corporate and Other 205 215 224 960 980 1,185 Total $ 5,280 $ 8,467 $ 5,749 $ 2,392 $ 2,181 $ 2,175 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other December 31, 2024 Weighted-average interest rate, original discount rate 3.84 % 5.18 % 4.70 % 4.31 % 4.88 % Weighted-average interest rate, current discount rate 5.50 % 5.43 % 5.64 % 5.62 % 5.62 % December 31, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.10 % 4.14 % 4.86 % Weighted-average interest rate, current discount rate * 5.04 % 5.02 % 5.04 % 4.96 % 5.08 % December 31, 2022 Weighted-average interest rate, original discount rate 3.58 % 5.17 % 4.08 % 3.56 % 4.88 % Weighted-average interest rate, current discount rate 5.32 % 5.30 % 5.33 % 5.30 % 5.36 % * 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. In 2022, Corebridge recognized a favorable impact to net income (mostly offset by corresponding DPL adjustment) due to updates to mortality and retirement assumptions on certain pension risk transfer products. Deferred Profit Liability: Corebridge issues certain annuity and life insurance contracts where premiums are paid up-front or for a shorter period than benefits will be paid (i.e., limited pay contracts). A Deferred Profit Liability (“DPL”) is required to be established to avoid recognition of gains when these contracts are issued. DPLs are amortized over the life of the contracts to align the revenue recognized with the related benefit expenses. The difference between the gross premium received and recorded as revenue and the net premium is deferred and recognized in policyholder benefits in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This deferred profit liability accretes interest and is recorded in the Consolidated Balance Sheets in Future policy benefits. Cash flow assumptions included in the measurement of the DPL are the same as those utilized in the respective LFPBs and are reviewed at least annually. The cash flow estimates for DPLs are updated on a retrospective catch-up basis at the same time as the cash flow estimates for the related LFPBs. The updated LFPB cash flows are used to recalculate the DPL at the inception of the applicable related LFPB cohort. The difference between the recalculated DPL at the beginning of the current reporting period and the carrying amount of the DPL at the current reporting period is recognized as a gain or loss in policyholder benefits in the Consolidated Statements of Income (Loss). 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 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 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: Years Ended December 31, 2024 2023 2022 Life Corporate and Other Total 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 $ 4,952 $ 55 $ 5,007 Effect of changes in assumptions 38 — 38 (41) — (41) (24) — (24) Effect of changes in experience 365 (4) 361 319 (4) 315 303 (4) 299 Adjusted beginning balance $ 4,134 $ 51 $ 4,185 $ 3,578 $ 51 $ 3,629 $ 5,231 $ 51 $ 5,282 Assessments 586 1 587 671 2 673 687 2 689 Excess benefits paid (902) — (902) (943) — (943) (909) — (909) Interest accrual 161 2 163 132 2 134 126 2 128 Other (5) — (5) (9) — (9) (11) — (11) Changes related to unrealized appreciation (depreciation) of investments 60 — 60 302 — 302 (1,824) — (1,824) Balance, end of year $ 4,034 $ 54 $ 4,088 $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 Less: Reinsurance recoverable (156) (54) (210) (164) — (164) (191) — (191) Balance, end of year net of Reinsurance recoverable $ 3,878 $ — $ 3,878 $ 3,567 $ 55 $ 3,622 $ 3,109 $ 55 $ 3,164 Weighted average duration of liability * 23.9 8.9 25.4 9.2 26.3 9.5 * 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 Consolidated Statements of Income (Loss) for the liability for universal life policies: Gross Assessments Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2024 2023 2022 2024 2023 2022 Life Insurance $ 994 $ 1,109 $ 1,193 $ 161 $ 132 $ 126 Corporate and Other 39 37 39 2 2 2 Total $ 1,033 $ 1,146 $ 1,232 $ 163 $ 134 $ 128 The following table presents the calculation of weighted average interest rate for the liability for universal life policies: December 31, 2024 2023 2022 Life Corporate and Other Life Corporate and Other Life Corporate and Other Weighted-average interest rate 4.12 % 4.20 % 3.92 % 4.20 % 3.76 % 4.24 % 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: Years Ended December 31, (in millions, except for attained age of contract holders) 2024 2023 Account value $ 3,988 $ 3,721 Net amount at risk $ 75,886 $ 72,422 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. In 2022, Corebridge recognized a favorable impact to net income due to modeling refinements to reflect actual versus expected asset data related to calls and capital gains.

Policyholder Contract Deposits

Policyholder Contract Deposits and Other Policyholder Funds	12 Months Ended
	Dec. 31, 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. 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) Year Ended December 31, 2024 Policyholder contract deposits account balance, beginning of year $ 94,896 $ 41,299 $ 10,231 $ 13,649 $ 3,333 $ 163,408 Deposits 22,769 4,840 1,636 5,449 41 34,735 Policy charges (729) (511) (1,508) (69) (63) (2,880) Surrenders and withdrawals (16,776) (9,271) (309) (110) (109) (26,575) Benefit payments (4,028) (2,274) (277) (1,809) (279) (8,667) Net transfers from (to) separate account 5,499 4,076 27 20 — 9,622 Interest credited 3,903 1,298 519 717 159 6,596 Other (5) (211) 19 179 (6) (24) Policyholder contract deposits account balance, end of year 105,529 39,246 10,338 18,026 3,076 176,215 Other reconciling items (b) (2,258) (307) 56 (11) — (2,520) Policyholder contract deposits $ 103,271 $ 38,939 $ 10,394 $ 18,015 $ 3,076 $ 173,695 Weighted average crediting rate 3.12 % 3.15 % 4.49 % 4.63 % 5.08 % Cash surrender value (c) $ 98,136 $ 38,283 $ 9,147 $ 2,594 $ 1,593 $ 149,753 Year Ended December 31, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 18,188 5,352 1,632 3,813 44 29,029 Policy charges (840) (477) (1,524) (67) (64) (2,972) Surrenders and withdrawals (14,025) (8,310) (256) (722) (93) (23,406) Benefit payments (3,770) (2,518) (281) (2,405) (300) (9,274) Net transfers from (to) separate account 3,617 2,705 3 792 — 7,117 Interest credited 2,188 1,141 413 507 168 4,417 Other (16) 11 20 (3) (9) 3 Policyholder contract deposits account balance, end of year 94,896 41,299 10,231 13,649 3,333 163,408 Other reconciling items (b) (1,429) (230) 208 93 — (1,358) Policyholder contract deposits $ 93,467 $ 41,069 $ 10,439 $ 13,742 $ 3,333 $ 162,050 Weighted average crediting rate 2.68 % 2.91 % 4.41 % 4.08 % 4.99 % Cash surrender value (c) $ 88,685 $ 40,210 $ 9,026 $ 2,583 $ 1,712 $ 142,216 Year Ended December 31, 2022 Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 15,186 4,946 1,674 1,494 48 23,348 Policy charges (870) (462) (1,570) (69) (65) (3,036) Surrenders and withdrawals (8,921) (5,712) (211) (134) (64) (15,042) Benefit payments (3,798) (2,528) (216) (775) (349) (7,666) Net transfers from (to) separate account 2,248 2,149 (5) 144 — 4,536 Interest credited 1,608 1,100 377 301 178 3,564 Other 4 — (8) (31) 16 (19) Policyholder contract deposits account balance, end of year 89,554 43,395 10,224 11,734 3,587 158,494 Other reconciling items (b) (2,136) (319) 34 (16) 1 (2,436) Policyholder contract deposits $ 87,418 $ 43,076 $ 10,258 $ 11,718 $ 3,588 $ 156,058 Weighted average crediting rate 2.43 % 2.77 % 4.29 % 2.71 % 4.91 % Cash surrender value (c) $ 83,278 $ 41,831 $ 8,866 $ 2,537 $ 1,808 $ 138,320 (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, and changes in the fair value of embedded derivatives of $859 million, $1.5 billion and $(1.1) billion that are recorded in policyholder contract deposits as of December 31, 2024, 2023 and 2022, respectively. (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: December 31, 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% $ 5,785 $ 1,443 $ 34,130 $ 41,358 > 1% - 2% 3,103 21 1,070 4,194 > 2% - 3% 6,931 13 2,643 9,587 > 3% - 4% 5,774 34 4 5,812 > 4% - 5% 405 — 4 409 > 5% 37 5 3 45 Total $ 22,035 $ 1,516 $ 37,854 $ 61,405 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,027 $ 1,477 $ 8,772 $ 12,276 > 1% - 2% 3,215 671 827 4,713 > 2% - 3% 10,693 308 114 11,115 > 3% - 4% 552 — — 552 > 4% - 5% 6,288 — — 6,288 > 5% 131 — — 131 Total $ 22,906 $ 2,456 $ 9,713 $ 35,075 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 110 363 473 > 2% - 3% 9 386 1,528 1,923 > 3% - 4% 1,167 436 23 1,626 > 4% - 5% 2,722 — — 2,722 > 5% 208 — — 208 Total $ 4,106 $ 932 $ 1,914 $ 6,952 Total* $ 49,047 $ 4,904 $ 49,481 $ 103,432 Percentage of total 47% 5% 48% 100% December 31, 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% $ 6,498 $ 2,078 $ 26,873 $ 35,449 > 1% - 2% 3,749 22 1,771 5,542 > 2% - 3% 8,046 11 972 9,029 > 3% - 4% 6,610 37 5 6,652 > 4% - 5% 426 — 4 430 > 5% 32 — 3 35 Total $ 25,361 $ 2,148 $ 29,628 $ 57,137 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,185 $ 2,344 $ 6,830 $ 11,359 > 1% - 2% 3,731 1,242 671 5,644 > 2% - 3% 12,073 211 110 12,394 > 3% - 4% 615 — — 615 > 4% - 5% 6,635 — — 6,635 > 5% 144 — — 144 Total $ 25,383 $ 3,797 $ 7,611 $ 36,791 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 132 346 478 > 2% - 3% 9 855 1,082 1,946 > 3% - 4% 1,170 496 26 1,692 > 4% - 5% 2,851 — — 2,851 > 5% 216 — — 216 Total $ 4,246 $ 1,483 $ 1,454 $ 7,183 Total* $ 54,990 $ 7,428 $ 38,693 $ 101,111 Percentage of total 55% 7% 38% 100% * Excludes policyholder contract deposits account balances that are not subject to guaranteed minimum crediting rates. Funding Agreements 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 insurance companies through our Institutional Markets segment. USL is a member of the FHLB of New York, while VALIC and AGL are members of the FHLB of Dallas. Membership with both FHLBs provides us with collateralized borrowing opportunities, primarily as an additional source of liquidity or for other uses deemed appropriate by management, e.g., earning a spread on deposits. Our ownership in the FHLB stock is reported in Other invested assets within the Consolidated Balance Sheets. Pursuant to the membership terms, we elected to pledge such stock to the FHLB as collateral for our obligations under agreements with the FHLB. Our net borrowing capacity under such facilities with FHLB of Dallas and FHLB of New York as of December 31, 2024 is $2.9 billion. As of December 31, 2024, we pledged $8.4 billion as collateral to the FHLB, including assets backing funding agreements. Corebridge issued the following funding agreements to the FHLB of Dallas and FHLB of New York; these obligations are reported in Policyholder contract deposits in the Consolidated Balance Sheets: The following table presents details concerning our funding agreements as of December 31, 2024: December 31, 2024 Payments due by period (in millions) Gross Amounts 2025 2026-2027 2028-2029 Thereafter Stated Interest rates FHLB Facility FHLB of Dallas $ 3,305 $ — $ 378 $ 2,927 $ — DNA Auction* + 22 bps FHLB of Dallas 2,027 — 1,506 521 — 3.53% to 4.77% FHLB of New York 146 146 — — — 1.52% to 2.32% $ 5,478 $ 146 $ 1,884 $ 3,448 $ — * Discount Note Advance (“DNA”) Auction is based on either a 4-Week or 3-Month tenor, depending on contractual terms of each borrowing. 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). Changes in future assumptions are applied by adjusting the amortization rate prospectively. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization of URR (i.e., policy fees) each period. Other policyholder funds also include provisions for future dividends to participating policyholders, accrued in accordance with all applicable regulatory or contractual provisions. Participating life business represented approximately 0.4% and 0.5% of gross insurance in force at December 31, 2024 and December 31, 2023, respectively and 1.0%, 0.9% and 1.3% of gross premiums and other considerations in 2024, 2023 and 2022, respectively. The amount of annual dividends to be paid is approved locally by the Corebridge Boards of Directors. Provisions for future dividend payments are computed by jurisdiction, reflecting local regulations. The portions of current and prior net income and of current unrealized appreciation of investments that can inure to our benefit are restricted in some cases by the insurance contracts and by the local insurance regulations of the jurisdictions in which the policies are in force. Certain products are subject to experience adjustments. These include group life and group medical products, credit life contracts, accident and health insurance contracts/riders attached to life policies and, to a limited extent, reinsurance agreements with other direct insurers. Ultimate premiums from these contracts are estimated and recognized as revenue with the unearned portions of the premiums recorded as liabilities in Other policyholder funds. Experience adjustments vary according to the type of contract and the territory in which the policy is in force and are subject to local regulatory guidance. The following table presents a rollforward of the unearned revenue reserve for the years ended December 31, 2024 and 2023: Life Institutional Corporate and Other Total (in millions) Year Ended December 31, 2024 Balance, beginning of year $ 1,770 $ 1 $ 94 $ 1,865 Revenue deferred 161 — — 161 Amortization (110) — (10) (120) Balance, end of period $ 1,821 $ 1 $ 84 $ 1,906 Other reconciling items* 967 Other policyholder funds $ 2,873 Year Ended December 31, 2023 Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 153 — — 153 Amortization (110) (1) (11) (122) Balance, end of year $ 1,770 $ 1 $ 94 $ 1,865 Other reconciling items* 997 Other policyholder funds $ 2,862 Year Ended December 31, 2022 Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 143 — — 143 Amortization (109) — (11) (120) Balance, end of year $ 1,727 $ 2 $ 105 $ 1,834 Other reconciling items* 1,051 Other policyholder funds $ 2,885 * 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	12 Months Ended
	Dec. 31, 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 annuities, fixed index annuities 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 fixed index a nd fixed products. Under the non-option valuation method, the attributed fee is determined at contract inception; it cannot exceed the total contract fees and assessments collectible from the contract holder and cannot be less than zero. Investment margin is excluded from the attributed fee determination. Under the option-based valuation method, an offset to the host amount related to the MRB amount is established at inception. Changes in the fair value of MRBs are recorded in net income in Changes in the fair value of market risk benefits, net except for the portion of the fair value change attributable to our own credit risk, which is recognized in OCI. MRBs are derecognized when the underlying contract is surrendered, a GMDB is incurred, a GMIB is annuitized, or when the account value is exhausted on a policy with a GMWB. Generally when a policyholder elects to annuitize a GMIB rider or the account value on a policy with a GMWB rider is reduced to zero, the policy is converted to a payout annuity automatically. When a conversion occurs, the policyholder is issued a new payout annuity contract. At this point, the MRB is derecognized, and a LFPB is established for the payout annuity. Assumptions used to determine the MRB asset (including ceded MRBs) or liability generally include mortality rates that are based upon actual experience modified to allow for variations in policy form; lapse rates that are based upon actual experience modified to allow for variations in policy features; and investment returns, based on stochastically generated scenarios. We evaluate at least annually estimates used to determine the MRB asset or liability and adjust the balance, with a related charge or credit to Change in fair value of market risk benefits, net, if actual experience or other evidence suggests that earlier assumptions should be revised. In addition, MRBs are valued such that the current provision for nonperformance risk is reflected in the claims cash flows of the asset or liability valuation for direct MRBs. The nonperformance risk spread at contract issue is locked-in. The difference between the MRB valued using the at issue nonperformance risk spread and the current nonperformance risk spread is reported through Other comprehensive income, while changes in the counterparty credit risk related to ceded MRBs are reported in income. 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) Year Ended December 31, 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 925 53 978 Interest accrual 160 13 173 Attributed fees 677 60 737 Expected claims (65) (2) (67) Effect of changes in interest rates (956) (76) (1,032) Effect of changes in interest rate volatility (2) 3 1 Effect of changes in equity markets (1,034) (94) (1,128) Effect of changes in equity index volatility (2) — (2) Actual outcome different from model expected outcome (2) 9 7 Effect of changes in future expected policyholder behavior 148 26 174 Effect of changes in other future expected assumptions (84) — (84) Other, including foreign exchange — (3) (3) Balance, end of year before effect of changes in our own credit risk 3,255 209 3,464 Effect of changes in our own credit risk 811 69 880 Balance, end of year 4,066 278 4,344 Less: Reinsured MRB, end of year (60) — (60) Net Liability Balance after reinsurance recoverable $ 4,006 $ 278 $ 4,284 Net amount at risk GMDB only $ 584 $ 118 $ 702 GMWB only $ 210 $ 16 $ 226 Combined * $ 433 $ 12 $ 445 Weighted average attained age of contract holders 71 64 Individual Group Total (in millions, except for attained age of contract holders) Year Ended December 31, 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 681 37 718 Interest accrual 156 15 171 Attributed fees 803 63 866 Expected claims (91) (3) (94) Effect of changes in interest rates (139) (13) (152) Effect of changes in interest rate volatility (69) (3) (72) Effect of changes in equity markets (1,236) (109) (1,345) Effect of changes in equity index volatility (14) (5) (19) Actual outcome different from model expected outcome 188 7 195 Effect of changes in future expected policyholder behavior (1) 1 — Effect of changes in other future expected assumptions (85) (39) (124) Other, including foreign exchange — (3) (3) Balance, end of year before effect of changes in our own credit risk 3,490 220 3,710 Effect of changes in our own credit risk 1,072 88 1,160 Balance, end of year 4,562 308 4,870 Less: Reinsured MRB, end of year (77) — (77) Net liability balance after reinsurance recoverable $ 4,485 $ 308 $ 4,793 Net amount at risk GMDB only $ 758 $ 160 $ 918 GMWB only $ 152 $ 13 $ 165 Combined* $ 1,011 $ 18 $ 1,029 Weighted average attained age of contract holders 70 64 Year Ended December 31, 2022 Balance, beginning of year $ 6,452 $ 582 $ 7,034 Effect of changes in our own credit risk (1,934) (167) (2,101) Balance, beginning of year, before effect of changes in our own credit risk $ 4,518 $ 415 $ 4,933 Issuances 263 25 288 Interest accrual 172 21 193 Attributed fees 864 70 934 Expected claims (83) (2) (85) Effect of changes in interest rates (4,087) (371) (4,458) Effect of changes in interest rate volatility 263 18 281 Effect of changes in equity markets 1,382 122 1,504 Effect of changes in equity index volatility (75) 1 (74) Actual outcome different from model expected outcome 164 (3) 161 Effect of changes in future expected policyholder behavior (2) (18) (20) Effect of changes in other future expected assumptions (85) — (85) Other, including foreign exchange 3 (6) (3) Balance, end of year before effect of changes in our own credit risk 3,297 272 3,569 Effect of changes in our own credit risk 441 24 465 Balance, end of year 3,738 296 4,034 Less: Reinsured MRB, end of period (94) — (94) Net liability balance after reinsurance recoverable $ 3,644 $ 296 $ 3,940 Net amount at risk GMDB only $ 1,615 $ 371 $ 1,986 GMWB only $ 27 $ 1 $ 28 Combined* $ 2,084 $ 39 $ 2,123 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 Consolidated Balance Sheets: December 31, 2024 December 31, 2023 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 1,124 $ 5,130 $ 4,006 $ 740 $ 5,225 $ 4,485 Group Retirement 208 486 278 172 480 308 Total $ 1,332 $ 5,616 $ 4,284 $ 912 $ 5,705 $ 4,793 * 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. For 2022, Corebridge recognized a favorable impact to net income due to an update to the relationship between projected equity growth and interest rates for annuities. Annuity Guarantees Annuity contracts may include certain contractually guaranteed benefits to the contract holder. These guaranteed features include GMDBs that are payable in the event of death and living benefits that are payable when partial withdrawals exhaust a policy’s account value, in the event of annuitization, or, in other instances, at specified dates during the accumulation period. Living benefits primarily include GMWBs. A variable annuity contract may include more than one type of guaranteed benefit feature; for example, it may have both a GMDB and a GMWB. However, a policyholder can only receive payout from one guaranteed feature on a contract containing a death benefit and a living benefit, i.e., the features are mutually exclusive (except a surviving spouse who has a rider to potentially collect both a GMDB upon their spouse’s death and a GMWB during their lifetime). A policyholder cannot purchase more than one living benefit on one contract. The net amount at risk for each feature is calculated irrespective of the existence of other features; as a result, the net amount at risk for each feature is not additive to that of other features. Guaranteed Benefits on Variable Annuities The GMDB feature may provide a death benefit of either (a) total deposits made to the contract, less any partial withdrawals plus a minimum return (and in rare instances, no minimum return), (b) return of premium whereby the benefit is the greater of the current account value or premiums paid less any partial withdrawals, (c) rollups whereby the benefit is the greater of current account value or premiums paid (adjusted for withdrawals) accumulated at contractually specified rates up to specified ages, or (d) the highest contract value attained, typically on any anniversary date less any subsequent withdrawals following the contract anniversary. Certain of our variable annuity contracts contain GMDB features and may also contain living benefit riders, which include optional GMWBs and, to a lesser extent, guaranteed minimum accumulation benefits (“GMABs”) and GMIBs. These living benefits and GMDBs related to variable annuity contracts are accounted for as MRBs measured at fair value, with changes in the fair value (excluding changes in our own credit risk) recorded in Change in the fair value of market risk benefits, net. The net amount at risk for the GMWB represents benefits in excess of the account value assuming the utilization of all benefits by the contract holders at the balance sheet date. The net amount at risk for the GMDB feature represents the amount of guaranteed benefits in excess of account value if all policyholders died. GMDB is our most widely offered benefit. Guaranteed Benefits on Fixed Index and Fixed Annuities Certain of our fixed annuity and fixed index annuity contracts, which are not offered through separate accounts, contain optional GMWBs. With a GMWB, the contract holder can monetize the excess of the guaranteed amount over the account value of the contract through a series of withdrawals that do not exceed a specific percentage per year of the guaranteed amount. Once the account value is exhausted, the contract holder will receive a series of annuity payments equal to the remaining guaranteed amount; for lifetime GMWB products, the annuity payments continue as long as the covered person(s) is living. The liability for GMWBs in fixed annuity and fixed index annuity contracts, which are recorded in MRBs, represents the expected value of benefits in excess of the projected account value, with the excess (excluding changes in our own credit risk) recognized at fair value through Change in the fair value of MRBs, net. The liability for all of our GMWBs in fixed annuity and fixed index annuity contracts are accounted for as MRBs. For a discussion of the fair value measurement of guaranteed benefits that are accounted for as MRBs, see Note 4.

Debt

Debt	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Debt	15. Debt Short-term and long-term debt is carried at the principal amount borrowed, including unamortized discounts, and fair value adjustments, when applicable. The following table lists our total debt outstanding at December 31, 2024 and December 31, 2023. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2024, including fixed and variable rates: (in millions) Range of Maturity December 31, 2024 December 31, 2023 Short-term debt issued or borrowed by Corebridge: Three 6.46 % 2024 $ — $ 250 Current portion of long-term debt: Senior unsecured notes 3.50 % 2025 $ 1,000 $ — CRBGLH notes 7.50 % 2025 $ 101 $ — Total short-term debt $ 1,101 $ 250 Long-term debt issued by Corebridge: Senior unsecured notes * 3.65% - 6.05% 2027 - 2052 $ 6,750 $ 7,750 Hybrid junior subordinated notes 6.375% - 6.875% 2052 - 2064 2,350 1,000 Long-term debt issued by Corebridge subsidiaries: CRBGLH notes 6.63% 2029 99 200 CRBGLH junior subordinated debentures 7.57% - 8.50% 2030 - 2046 227 227 Total long-term debt 9,426 9,177 Debt issuance costs (73) (59) Total short-term and long-term debt, net of debt issuance costs $ 10,454 $ 9,368 Debt of consolidated investment entities - not guaranteed by Corebridge 0.01% - 8.95% 2025 - 2051 1,938 2,504 Total debt, net of issuance costs $ 12,392 $ 11,872 * Interest rates reflect contractual amounts and do not reflect the effective borrowing rate after giving effect to the cash flow hedges. The following table presents maturities of short-term and long-term debt (including unamortized original issue discount when applicable): December 31, 2024 Year Ending (in millions) Total 2025 2026 2027 2028 2029 Thereafter Short-term and Long-term debt issued by Corebridge: Senior unsecured notes $ 7,750 $ 1,000 (a) $ — $ 1,250 $ — $ 1,000 $ 4,500 Hybrid junior subordinated notes 2,350 — — — — — 2,350 CRBGLH notes 200 101 (b) — — — 99 — CRBGLH junior subordinated debentures 227 — — — — — 227 Total short-term and long-term debt issued by Corebridge $ 10,527 $ 1,101 $ — $ 1,250 $ — $ 1,099 $ 7,077 (a) Represents a 3.50% senior notes due April 4, 2025. (b) Represents a 7.50% junior subordinated notes due July 15, 2025. SENIOR UNSECURED NOTES AND DELAYED DRAW TERM LOAN On February 25, 2022, Corebridge Parent entered into an 18-Month Delayed Draw Term Loan Agreement (the “18-Month DDTL Facility”) among Corebridge Parent, as borrower, the lenders party thereto and the administrative agent thereto, and a Three-Year Delayed Draw Term Loan Agreement (the “Three-Year DDTL Facility”) among Corebridge Parent, as borrower, the lenders party thereto and the administrative agent thereto. The 18-Month DDTL Facility and Three-Year DDTL Facility provided us with committed delayed draw term loan facilities in the aggregate principal amount of $6.0 billion and $3.0 billion, respectively. On April 5, 2022, Corebridge Parent issued $6.5 billion of senior unsecured notes consisting of: $1.0 billion aggregate principal amount of its 3.50% Senior Notes due 2025, $1.25 billion aggregate principal amount of its 3.65% Senior Notes due 2027, $1.0 billion aggregate principal amount of its 3.85% Senior Notes due 2029, $1.5 billion aggregate principal amount of its 3.90% Senior Notes due 2032, $500 million aggregate principal amount of its 4.35% Senior Notes due 2042 and $1.25 billion aggregate principal amount of its 4.40% Senior Notes due 2052. On April 6, 2022, in connection with the issuance of the senior unsecured notes of Corebridge Parent, (i) the commitments under the 18-Month DDTL Facility were terminated in full and (ii) the commitments under the Three-Year DDTL Facility were reduced from $3.0 billion to $2.5 billion. On August 25, 2022, in connection with the issuance of the hybrid junior subordinated notes, the commitments under the Three-Year DDTL Facility were further reduced from $2.5 billion to $1.5 billion. On September 15, 2022, Corebridge Parent borrowed an aggregate principal amount of $1.5 billion under the Three-Year DDTL Facility. This facility was terminated on September 12, 2024 after the final loan repayment. On September 15, 2023, Corebridge Parent issued $500 million of 6.05% Senior Notes due 2033. On December 8, 2023, Corebridge Parent issued $750 million of 5.750% Senior Notes due 2034. HYBRID JUNIOR SUBORDINATED NOTES On August 23, 2022, Corebridge Parent issued $1.0 billion of 6.875% fixed-to-fixed reset rate hybrid junior subordinated notes due 2052. Subject to certain redemption provisions and other terms of the hybrid junior subordinated notes, the interest rate and interest payment date reset every five years based on the average of the yields on five-year U.S. Treasury securities, as of the most recent interest rate determination on a reset plus a spread, payable semi-annually. On September 12, 2024, Corebridge Parent issued $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%. On November 22, 2024, Corebridge Parent issued $600 million aggregate principal amount of its 6.375% junior subordinated notes due 2064 (“2064 Notes”). Subject to certain redemption provisions and other terms of the 2064 Notes, the interest is payable quarterly in arrears on March 15, June 15, September 15 and December 15 of each year, beginning on March 15, 2025. AFFILIATED NOTES In November 2021, Corebridge issued an $8.3 billion senior promissory note to AIG. We used the net proceeds from the senior unsecured notes, the net proceeds from the hybrid junior subordinated notes and a portion of the borrowing of the Three-Year DDTL Facility, discussed above, to repay the principal balance and accrued interest of this note to AIG. The interest rate per annum was equal to LIBOR plus 100 basis points and accrued semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2022. On June 23, 2022, AIG Life U.K. borrowed £10 million from AIG Transaction Execution Limited, which was repaid on July 7, 2022. CRBGLH NOTES AND JUNIOR SUBORDINATED DEBENTURES As of December 31, 2024, Corebridge Life Holdings, Inc. (“CRBGLH”) had outstanding $427 million aggregate principal amount, consisting of $227 million of junior subordinated debt due between 2030 and 2046 and $101 million due 2025 and $99 million of notes due 2029. At December 31, 2024, the junior subordinated debentures outstanding consisted of $54 million of 8.5% junior subordinated debentures due July 2030, $142 million of 8.125% junior subordinated debentures due March 2046 and $31 million of 7.57% junior subordinated debentures due December 2045, each guaranteed by AIG. For details regarding guarantees provided by AIG related to these notes and debentures, see Note 16. REVOLVING CREDIT AGREEMENT On May 12, 2022, Corebridge Parent entered into the Revolving Credit Agreement (the “Credit Agreement”). The Credit Agreement provides for a five-year total commitment of $2.5 billion, consisting of standby letters of credit and/or revolving credit borrowings without any limits on the type of borrowings. Under circumstances described in the Credit Agreement, the aggregate commitments may be increased by up to $500 million, for a total commitment under the Credit Agreement of $3.0 billion. Loans under the Credit Agreement will mature on May 12, 2027. Under the Credit Agreement, the applicable rate, commitment fee and letter of credit fee are determined by reference to the credit ratings of Corebridge Parent’s senior, unsecured, long-term indebtedness. Borrowings bear interest at a rate per annum equal to (i) in the case of U.S. dollar borrowings, Term SOFR plus an applicable credit spread adjustment plus an applicable rate or an alternative base rate plus an applicable rate; (ii) in the case of Sterling borrowings, sterling overnight index average (“SONIA”) plus an applicable credit spread adjustment plus an applicable rate; (iii) in the case of Euro borrowings, European Union interbank Offer Rate plus an applicable rate; and (iv) in the case of Japanese Yen, Tokyo Interbank Offered Rate plus an applicable rate. The alternative base rate is equal to the highest of (a) the New York Federal Reserve Bank Rate plus 0.50%, (b) the rate of interest in effect as quoted by The Wall Street Journal as the “Prime Rate” in the United States and (c) Term SOFR plus a credit spread adjustment of 0.100% plus an additional 1.00%. LETTERS OF CREDIT As of December 31, 2024, Corebridge Parent and certain of our subsidiaries were parties to several letter of credit agreements with various financial institutions which issue letters of credit from time to time in support of our insurance companies. Letters of credit issued in support of our subsidiaries (primarily, insurance companies) totaled $226 million. CONSOLIDATED INVESTMENT ENTITIES CREDIT FACILITIES We also maintain revolving credit facilities that can exclusively be utilized by certain consolidated investment entities to acquire real estate assets. Draws under those credit facilities cannot be utilized for general corporate purposes. These credit facilities have consolidated limits of up to $271 million. As of December 31, 2024, we have drawn $169 million under the credit facilities. Each of these credit facilities have maturity dates ranging from one year to two years.

Contingencies, Commitments and

Contingencies, Commitments and Guarantees	12 Months Ended
	Dec. 31, 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. 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. While the Moriarty appeal was pending, the Ninth Circuit issued a published decision in Small v. Allianz Life Insurance Co. of North America , a related case presenting a substantially identical issue. The Ninth Circuit’s decision in Small squarely rejected the theory that the plaintiffs had advanced in that case and in Moriarty and embraced the argument, made by insurers, that any policyholder or beneficiary suing based on supposed breaches of Sections 10113.71 and 10113.72 must prove that the breaches actually caused them harm, for instance by resulting in missed payments or the lapse of the policy. On January 6, 2025, the parties in Moriarty , at the Ninth Circuit’s request, submitted simultaneous supplemental briefing on Small’s effect on the litigation, with AGL taking the position that Small fully disposes of the appeal in its favor and requires vacatur of the summary-judgment order in Plaintiff’s favor. The Ninth Circuit has submitted Moriarty on the briefs and stated that it will issue a decision without hearing oral argument. 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. The case is stayed pending the resolution of appellate proceedings in Moriarty. 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 negotiated an agreement to acknowledge voluntary acceptance of service on and as of December 13, 2024. On January 27, 2025, AGL filed a demurrer to the complaint. That demurrer is set for a hearing on June 13, 2025. 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. LEASE COMMITMENTS We lease office space and equipment in various locations across jurisdictions in which the Company operates. The majority of the resulting obligation arising from these contracts is generated by our real estate portfolio, which only includes contracts classified as operating leases. As of December 31, 2024, the lease liability and corresponding right of use asset reflected in Other liabilities Other assets Other liabilities Other assets The weighted average discount rate and lease term assumptions used in determining the liability are 5.3% and 9.09 years, respectively. The primary assumption used to determine the discount rate is the cost of funding for the Company, which is based on the secured borrowing rate for terms similar to the lease term, and for the major financial markets in which Corebridge operates. Rent expense was $16 million, $17 million and $33 million for the years ended December 31, 2024, 2023 and 2022, respectively. The following table presents the future undiscounted cash flows under operating leases at December 31, 2024: (in millions) 2025 $ 16 2026 15 2027 10 2028 9 2029 7 Remaining years after 2029 46 Total undiscounted lease payments 103 Less: Present value adjustment 23 Net lease liabilities $ 80 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 $4.1 billion at December 31, 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 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 years ended December 31, 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”). 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. • For additional disclosures about related parties, see Note 23.

Equity

Equity	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Equity	17. Equity COMMON STOCK The following table presents a rollforward of outstanding shares : Year Ended December 31, 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 1,245,028 3,286,140 Shares repurchased — (63,465,433) (63,465,433) Shares, end of period 650,189,849 (88,704,816) 561,485,033 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. On February 11, 2025, 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 shares 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 January 1, 2025 to February 11, 2025, we repurchased approximately 5.5 million shares of Corebridge Parent common stock for an aggregate purchase price of approximately $177 million, leaving approximately $2.5 billion under the share repurchase authorizations as of February 11, 2025. RETAINED EARNINGS Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share November 1, 2024 December 17, 2024 December 31, 2024 $ 0.23 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 February 12, 2025, the Company declared a cash dividend on Corebridge Parent common stock of $0.24 per share, payable on March 31, 2025 to shareholders of record at close of business on March 17, 2025. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents a rollforward of Accumulated other comprehensive income (loss): 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 Balance, December 31, 2021, net of tax $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (78) (40,323) — — — — — (40,401) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 1,635 — — — — 1,635 Change in discount rates assumptions of certain liabilities — — — 6,746 — — — 6,746 Change in future policy benefits and other — 1,822 — — — — — 1,822 Change in cash flow hedges — — — — 203 — — 203 Change in foreign currency translation adjustments — — — — — (109) — (109) Change in net actuarial loss — — — — — — 2 2 Change in deferred tax asset (liability) 17 6,806 (341) (1,448) (46) 8 — 4,996 Total other comprehensive income (loss) (61) (31,695) 1,294 5,298 157 (101) 2 (25,106) Less: Noncontrolling interests — — — — — (10) — (10) Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments 28 5,962 — — — — — 5,990 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (695) — — — — (695) Change in discount rates assumptions of certain liabilities — — — (1,029) — — — (1,029) Change in future policy benefits and other (11) (347) — — — — — (358) Change in cash flow hedges — — — — (16) — — (16) Change in foreign currency translation adjustments — — — — — 39 — 39 Change in net actuarial loss — — — — — — (7) (7) Change in deferred tax asset (liability) (4) (885) 151 216 5 9 — (508) Total other comprehensive income (loss) 13 4,730 (544) (813) (11) 48 (7) 3,416 Less: Noncontrolling interests — — — — — 11 — 11 Balance, December 31, 2023, net of tax $ (79) $ (14,650) $ (909) $ 2,095 $ 146 $ (63) $ 2 $ (13,458) Change in unrealized depreciation of investments * 46 (1,677) — — — — — (1,631) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 280 — — — — 280 Change in discount rates assumptions of certain liabilities — — — 1,570 — — — 1,570 Change in future policy benefits and other — (60) — — — — — (60) Change in cash flow hedges — — — — (246) — — (246) Change in foreign currency translation adjustments — — — — — 65 — 65 Change in deferred tax asset (liability) (10) 197 (61) (323) 53 (11) — (155) Total other comprehensive income (loss) 36 (1,540) 219 1,247 (193) 54 — (177) Other — (39) — — 1 — — (38) Less: Noncontrolling interests — — — — — 8 — 8 Balance, December 31, 2024, net of tax $ (43) $ (16,229) $ (690) $ 3,342 $ (46) $ (17) $ 2 $ (13,681) The following table presents the OCI reclassification adjustments for the years ended December 31, 2024, 2023 and 2022, 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 Year Ended December 31, 2024 Unrealized change arising during period $ 26 $ (2,972) $ 280 $ 1,816 $ (246) $ (2) $ — $ (1,098) Less: Reclassification adjustments included in net income (20) (1,235) — 246 — (67) — (1,076) Total other comprehensive income (loss), before income tax expense (benefit) 46 (1,737) 280 1,570 (246) 65 — (22) Less: Income tax expense (benefit) 10 (197) 61 323 (53) 11 — 155 Total other comprehensive income (loss), net of income tax expense (benefit) $ 36 $ (1,540) $ 219 $ 1,247 $ (193) $ 54 $ — $ (177) Year Ended December 31, 2023 Unrealized change arising during period $ — $ 5,281 $ (695) $ (1,029) $ (16) $ 39 $ — $ 3,580 Less: Reclassification adjustments included in net income (17) (334) — — — — 7 (344) Total other comprehensive income (loss), before income tax expense (benefit) 17 5,615 (695) (1,029) (16) 39 (7) 3,924 Less: Income tax expense (benefit) 4 885 (151) (216) (5) (9) — 508 Total other comprehensive income (loss), net of income tax expense (benefit) $ 13 $ 4,730 $ (544) $ (813) $ (11) $ 48 $ (7) $ 3,416 Year Ended December 31, 2022 Unrealized change arising during period $ (89) $ (39,049) $ 1,635 $ 6,746 $ 203 $ (109) $ 2 $ (30,661) Less: Reclassification adjustments included in net income (11) (548) — — — — — (559) Total other comprehensive income (loss),before income tax expense (benefit) (78) (38,501) 1,635 6,746 203 (109) 2 (30,102) Less: Income tax expense (benefit) (17) (6,806) 341 1,448 46 (8) — (4,996) Total other comprehensive income (loss), net of income tax expense (benefit) $ (61) $ (31,695) $ 1,294 $ 5,298 $ 157 $ (101) $ 2 $ (25,106) 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 Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Consolidated Statements of Income (Loss) Years Ended December 31, (in millions) 2024 2023 2022 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ (20) $ (17) $ (11) Net realized gains (losses) Total $ (20) $ (17) $ (11) Unrealized appreciation (depreciation) of all other investments Investments $ (1,174) $ (334) $ (548) Net realized gains (losses) Sale of business (61) — — Net (gain) loss on divestitures Total $ (1,235) $ (334) $ (548) 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) $ — $ — Change in retirement plan liabilities adjustment Actuarial losses $ — $ 7 $ — Net (gain) loss on divestitures and General operating expenses Total $ — $ 7 $ — Total reclassifications for the period $ (1,076) $ (344) $ (559) * The following items are not reclassified out of AOCI and included in the 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: Years Ended December 31, (in millions) 2024 2023 2022 Beginning balance $ 869 $ 939 $ 1,759 Net income (loss) attributable to redeemable noncontrolling interest (27) (68) 320 Other comprehensive income (loss), net of tax 8 11 (10) Changes in noncontrolling interests due to divestitures and acquisitions 145 (19) (104) Contributions from noncontrolling interests 70 96 155 Distributions to noncontrolling interests (199) (91) (1,181) Other (2) 1 — Ending balance $ 864 $ 869 $ 939 Refer to Note 8 for additional information related to Variable Interest Entities.

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Dec. 31, 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 years ended December 31, 2024, 2023 and 2022: Years Ended December 31, (in millions, except per common share data) 2024 2023 2022 Numerator for EPS: Net income (loss) $ 2,203 $ 1,036 $ 8,479 Less: Net income (loss) attributable to noncontrolling interests (27) (68) 320 Net income (loss) attributable to Corebridge common shareholders $ 2,230 $ 1,104 $ 8,159 Denominator for EPS: Weighted average common shares outstanding - basic 598.0 643.3 646.1 Dilutive common shares 1.2 1.9 1.3 Weighted average common shares outstanding - diluted 599.2 645.2 647.4 Income per common share attributable to Corebridge common shareholders Common stock - basic $ 3.73 $ 1.72 $ 12.63 Common stock - diluted $ 3.72 $ 1.71 $ 12.60 *

Statutory Financial Data and Re

Statutory Financial Data and Restrictions	12 Months Ended
	Dec. 31, 2024
Insurance [Abstract]
Statutory Financial Data and Restrictions	19. Statutory Financial Data and Restrictions The following table presents statutory net income (loss) and capital and surplus for our insurance operations companies in accordance with statutory accounting practices: (in millions) 2024 2023 2022 Years Ended December 31, Statutory net income (loss)*: Insurance Operations companies: Domestic $ 1,643 $ 3,354 $ 3,091 Foreign — (51) 4 Total Insurance Operations companies $ 1,643 $ 3,303 $ 3,095 December 31, Statutory capital and surplus*: Insurance Operations companies: Domestic $ 13,477 $ 14,752 Foreign — 467 Total Insurance Operations companies $ 13,477 $ 15,219 Aggregate minimum required statutory capital and surplus: Insurance Operations companies: Domestic $ 4,159 $ 4,025 Foreign — 223 Total Insurance Operations companies $ 4,159 $ 4,248 * These amounts reflect our best estimate of the statutory net income, capital and surplus as of the dates these financial statements were issued. Our insurance subsidiaries file financial statements prepared in accordance with statutory accounting practices prescribed or permitted by domestic and foreign insurance regulatory authorities. The principal differences between statutory financial statements and financial statements prepared in accordance with GAAP for domestic companies are that statutory financial statements do not reflect DAC, most bond portfolios may be carried at amortized cost, investment impairments are determined in accordance with statutory accounting practices, assets and liabilities are presented net of reinsurance, policyholder liabilities are generally valued using more conservative assumptions and certain assets are non-admitted. For domestic insurance subsidiaries, aggregate minimum required statutory capital and surplus is based on the greater of the Risk-Based Capital (“RBC”) level that would trigger regulatory action or minimum requirements per state insurance regulation. Capital and surplus requirements of our foreign subsidiaries differ from those prescribed in the United States and can vary significantly by jurisdiction. At both December 31, 2024 and 2023, all domestic and foreign insurance subsidiaries individually exceeded the minimum required statutory capital and surplus requirements and all domestic insurance subsidiaries individually exceeded RBC minimum required levels. For foreign insurance companies, financial statements are prepared in accordance with local regulatory requirements. These accounting practices may differ from GAAP primarily by different rules on deferral of policy acquisition costs, amortization of deferred acquisition costs, and establishing future policy benefit liabilities using different actuarial assumptions, as well as valuing for deferred taxes on a different basis. At December 31, 2024, our sole remaining foreign insurance company CRBG Bermuda, files its statutory financial statements on a GAAP basis, subject to certain prudential filters. STATUTORY PERMITTED ACCOUNTING PRACTICE At December 31, 2024 and 2023, AGL used the following permitted practice that resulted in reported statutory surplus or risk-based capital that is significantly different from the statutory surplus or risk based capital that would have been reported had National Association of Insurance Commissioners (“NAIC”) statutory accounting practices or the prescribed regulatory accounting practices of their respective state regulator been followed in all respects: • AGL, a life insurance subsidiary domiciled in Texas, recognized an admitted asset related to the notional value of coverage defined in an excess of loss (“XOL”) reinsurance agreement with a 20-year term that provides coverage to AGL for aggregate claims incurred during the agreement term associated with guaranteed living benefits on certain fixed index annuities generally issued prior to April 2019 (“Block 1”) exceeding an attachment point as defined in the agreement. This permitted practice was expanded to similarly recognize an additional admitted asset related to the net notional value of coverage as defined in a separate XOL reinsurance agreement with a 25-year term that provides coverage to the subsidiary for aggregate XOL claims associated with guaranteed living benefits on a block of fixed index annuities generally issued in April 2019 or later, including certain new business issued after the effective date (“Block 2”). • Effective September 30, 2023, the permitted practice for Block 1 and Block 2 was extended through September 30, 2026 and the maximum notional value of Block 2 was increased for certain new business. Effective December 31, 2024, the permitted practice related to Block 2 was amended to determine the XOL limit based on annual standalone cash flow testing (“CFT”) for business retained, net of reinsurance, where the XOL cap is defined as 90% of the CFT margin performed at each year-end. For new business issued after December 31, 2024, the XOL limit will be increased each quarter based on a specified calculation. At the end of the calendar year, the new business retained will be included with the business from prior years in the determination of the XOL limit based on 90% of the CFT margin performed at year-end. The amended permitted practice for Block 2 will remain in effect through September 30, 2026. • This permitted practice was expanded to similarly recognize an additional admitted asset related to the net notional value of coverage as defined in a separate XOL agreement with a 25-year term that provides coverage to the subsidiary for aggregate XOL claims associated with the base contract along with the guaranteed living benefits rider on a block of fixed annuities inforce on the treaty effective date, including certain new business issued after the effective date (“Block 3”). Effective September 30, 2023, the permitted practice for Block 3 was extended through September 30, 2026 and the maximum notional value was increased for certain new business. Effective December 31, 2024, the permitted practice related to Block 3 was amended to determine the XOL limit based on annual standalone CFT for business retained, net of reinsurance, where the XOL cap is defined as 90% of the CFT margin performed at each year-end. For new business issued after December 31, 2024, the XOL limit will be increased each quarter based on a specified calculation. At the end of the calendar year, the new business retained will be included with the business from prior years in the determination of the XOL limit based on 90% of the CFT margin performed at year-end. The amended permitted practice for Block 3 will remain in effect through September 30, 2026. The permitted practice resulted in an increase in the statutory surplus of AGL of approximately $2.1 billion and $1.7 billion at December 31, 2024 and 2023, respectively. SUBSIDIARY DIVIDEND RESTRICTIONS Payments of dividends to us by our insurance subsidiaries are subject to certain restrictions imposed by laws and regulations of their respective domiciliary jurisdictions. With respect to our domestic insurance subsidiaries, the payment of any dividend requires formal notice to the insurance department in which the particular insurance subsidiary is domiciled. Additionally, prior approval from such insurance regulator is required when the amount of the dividend is above certain regulatory thresholds. For example, under the insurance law of the State of Texas, where two of our four domestic insurance subsidiaries are incorporated, our Texas-domiciled insurance companies (AGL and VALIC) are each permitted, without prior insurance regulatory approval, to pay a dividend to its shareholder as long as the amount of the dividend when aggregated with all other dividends made in the preceding 12 months does not exceed the greater of: (i) 10% of its policyholder surplus as of the end of the immediately preceding calendar year; or (ii) its net gain from operations for the immediately preceding calendar year (excluding realized gains), not including pro rata distributions of such insurance company’s own securities. AGL and VALIC, as the case may be, will be permitted to pay a dividend to its shareholder in excess of the greater of such two amounts (i.e., an extraordinary dividend) only if it files notice of the declaration of such an extraordinary dividend and the amount thereof with the Texas Commissioner of Insurance and the Texas Commissioner either approves the distribution of the extraordinary dividend or does not disapprove the distribution within 30 days of its filing. In addition, any dividend that exceeds earned surplus (generally defined as “unassigned funds (surplus)”) calculated as of the most recent financial information available requires insurance regulatory approval. Under the Texas insurance law, the Texas Commissioner has broad discretion in determining whether the financial condition of a stock life insurance company would support the payment of such dividends to its shareholder(s). Substantially similar provisions exist under Missouri law governing payment of dividends by our Missouri-domiciled insurance holding company (AGC Life), and more restrictive provisions exist under New York insurance laws governing payment of dividends by our New York-domiciled insurance company (USL). As our operating insurance subsidiaries (AGL, VALIC and USL) are wholly-owned by AGC Life, all dividends from these subsidiaries must be distributed through AGC Life to us and are, thus, subject to notice and/or prior approval or non-disapproval of the Missouri Department of Insurance. The maximum amount, before considering the dividend tests discussed below, that would qualify as an ordinary dividend, which would consequently be free from restriction and available for payment of dividends to AGC Life (as immediate parent company), by AGL, VALIC and USL in 2025, based upon financial information as of December 31, 2024, is estimated to b e $1.7 billion . Specific to AGC Life, the maximum amount that would qualify as an ordinary dividend, which would consequently be free from restriction and available for payment of dividends to Corebridge in 2025, based upon financial information as of December 31, 2024 is estimated to be $2.0 billion, subject to availability of earned surplus as required under Missouri insurance law. The estimated ordinary dividend capacities of our insurance companies in Texas and Missouri are further limited by the fact that dividend tests under Texas and Missouri insurance laws are based on dividends previously paid over rolling twelve-month periods. Consequently, depending on the actual payment dates during 2025, some or all of the dividends estimated to be ordinary in 2025 may require regulatory approval or non-disapproval. Similar to our domestic insurance companies, CRBG Bermuda’s ability to pay dividends to us is also subject to regulatory requirements imposed by the Bermuda Monetary Authority in Bermuda, the jurisdiction in which it is domiciled. Pursuant to the Bermuda Insurance Act and Bermuda Companies Act 1981, CRBG Bermuda must not declare any dividends that would cause it to become insolvent or would exceed 25% of its total statutory capital and surplus (as set out in its statutory balance sheet in relation to the previous financial year) unless prior to the payment of such dividends, it files an affidavit with the BMA which states that the declaration of such dividends has not caused CRBG Bermuda to fail to meet its solvency margins. Additionally, CRBG Bermuda must apply to the BMA for approval before reducing its total statutory capital (as set out in its previous year’s financial statements) by 15%. To our knowledge, no Corebridge insurance company is currently on any regulatory or similar “watch list” with regard to solvency. COREBRIDGE DIVIDEND RESTRICTIONS

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	20. Share-Based Compensation Plans AIG Equity Awards Prior to the IPO, certain of our employees received grants of equity awards under the AIG Long Term Incentive Plan (as amended) and its predecessor plan, the AIG 2013 Long Term Incentive Plan (each as applicable, the “LTIP”), which are governed by the AIG 2013 Omnibus Incentive Plan (“Omnibus Plan”). The value of AIG equity awards were linked to the performance of AIG’s common stock. AIG granted equity awards to our employees primarily in the form of AIG restricted stock units (“RSUs”) but also granted AIG performance share units (“PSUs”) and AIG stock options to certain executives. All AIG RSUs that were held by our active employees on September 14, 2022 (the pricing date for the IPO) were converted into RSUs linked to the performance of CRBG Stock (“Corebridge RSUs”), on terms and conditions that are substantially the same as the corresponding AIG RSUs, with the number of AIG RSUs adjusted in a manner intended to preserve their intrinsic value as of immediately before and immediately following the conversion (subject to rounding). Specifically, the AIG RSUs were converted to Corebridge RSUs based on a conversion factor of 2.580952. The conversion factor was determined by the AIG closing stock price on September 14 ($54.20) divided by the public offering price for CRBG Stock in the IPO ($21.00). On June 10, 2024, AIG Parent announced that it had met the requirements for the deconsolidation for accounting purposes of Corebridge. In conjunction with the deconsolidation all unvested AIG RSUs and PSUs held by our employees immediately vested under the terms of the AIG LTIP. Additionally, AIG stock options granted to our employees were converted to Corebridge stock options and retained the same vesting and expiration provisions of the original AIG stock options. Corebridge Equity Awards The Company’s employees participated in several stock compensation programs under the Corebridge Financial, Inc. Long-term Incentive Plan (each as applicable, the “LTIP”), which are governed by the Corebridge Financial, Inc. 2022 Omnibus Incentive Plan, as amended and restated on February 16, 2023, (the “2022 Plan”, together with the LTIP, the “Corebridge Plans”). Equity awards may be granted under the Corebridge Plans to current employees or directors of the Company or, solely with respect to their final year of service, former employees. Equity awards under the Corebridge Plans are linked to Corebridge Parent’s common stock (“CRBG Stock”). A total of 40,000,000 shares of CRBG Stock are authorized for delivery pursuant to awards granted or assumed under the Plans. Delivered shares may be newly-issued shares or shares held in treasury. Corebridge’s LTIP provides for an annual award to certain employees, including our senior executive officers and other highly compensated employees, that may comprise a combination of one or more of the following units: RSUs or stock options. RSUs and stock options are earned based solely on continued service by the participant and vesting occurs in three equal installments on the first, second and third anniversaries of the grant date. Recipients must be employed at each vesting date to be entitled to share delivery, except upon the occurrence of an accelerated vesting event, such as an involuntary termination without cause, disability, retirement eligibility or death during the vesting period. However, for involuntarily terminated employees hired after April 1, 2022, unvested RSUs and stock options are forfeited on the termination date. Dividends on RSUs accrue in cash and vest over the three year service period. The following table presents our total direct share-based compensation expense which is settled as part of our quarterly intercompany process. This table reflects both AIG equity awards and Corebridge RSUs: Years Ended December 31, (in millions) 2024 2023 2022 Share-based compensation expense - pre-tax (a) $ 58 $ 60 $ 75 Share-based compensation expense - after tax (b) $ 45 $ 48 $ 59 (a) As a result of accelerated vesting events, such as retirement eligibility in the year of grant and involuntary terminations, we recognized $25 million , $24 million and $25 million in 2024, 2023, and 2022, respectively, prior to the end of the specified vesting periods. It is our policy to reverse compensation expense for forfeited awards when they occur. (b) The income tax expense (benefit), excluding foreign jurisdictions, was computed using the U.S. statutory tax rate of 21%. The following table summarizes outstanding share-settled LTI awards: As of or for the Year Ended December 31, 2024 2023 2022 Number of Units Weighted Average Grant Date Fair Value* Number of Units Weighted Average Grant Date Fair Value Number of Units Weighted Average Grant Date Fair Value Unvested, beginning of year 4,153,530 $ 19.64 6,537,155 $ 21.00 — $ — Granted 2,323,450 25.89 2,907,967 19.81 10,328,220 21.00 Vested (3,683,321) 21.34 (4,725,911) 18.70 (3,674,973) 21.00 Forfeited (202,329) 22.36 (565,681) 19.07 (116,092) 21.00 Unvested, end of year 2,591,330 $ 22.31 4,153,530 $ 19.64 6,537,155 $ 21.00 * The fair value of RSUs granted was based on the average closing price of Corebridge common stock over the five trading days preceding the grant date. At December 31, 2024, the total unrecognized compensation cost for outstanding RSUs was $36 million, the weighted-average period of years over which that cost is expected to be recognized is 1 year. Stock Options Stock options were granted to certain Corebridge employees beginning with the 2023 LTIP. Option awards are generally granted with an exercise price equal to the market price of the company’s stock on the grant date and are exercisable up to 10 years from the date of grant, or 3 years from the date of an involuntary termination or the option's expiration date, if earlier. The fair value of the time-vesting options was estimated on the grant date using the Black-Scholes model using the assumptions noted in the following table. The following weighted-average assumptions were used for stock options granted: 2024 2023 Expected annual dividend yield (a) 3.55 % 4.63 % Expected volatility (b) 23.64 % 43.26 % Risk-free interest rate (c) 4.20 % 4.03 % Expected term (d) 6.00 years 6.00 years (a) The dividend yield is the last CRBG dividend from Bloomberg times 4 divided by the stock price. (b) The expected volatility is based on the implied volatility of 24 months stock option estimated by the Bloomberg Professional service as of the valuation date. (c) The risk-free interest rate is the continuously compounded interest rate for the term between the valuation date and the expiration date that is assumed to be constant and equal to the interpolated value between the closest data points on the U.S. Treasury curve as of the valuation date. (d) The contractual term is 10 years from the date of grant. The following table provides a rollforward of stock option activity: Units Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Values (in millions) As of or for the Year Ended December 31, 2024 Outstanding, beginning of year 720,677 $ 20.12 9.12 1.27 Granted 1,267,910 25.64 Exercised (87,813) 17.58 Forfeited (222,237) 25.16 Outstanding, end of year 1,678,537 $ 23.66 8.74 10.52 Exercisable, end of year 1,049,314 $ 23.36 8.66 $ 6.90 As of or for the Year Ended December 31, 2023 Outstanding, beginning of year — $ — 0.00 — Granted 826,025 19.95 Exercised — — Forfeited (105,348) 20.30 Outstanding, end of year 720,677 $ 20.12 9.12 1.27 Exercisable, end of year 393,961 $ 20.30 9.08 $ 0.54 The we ighted average grant date fair value of stock options granted during 2024 and 2023 was $5.46 and $5.93, respectively. As of December 31, 2024, we recognized $4 million of expense, while $2 million was unrecognized and is expected to be amortized up to 1 year. Non-Employee Plan Our non-employee directors, who serve on our Board of Directors, receive share-based compensation in the form of fully vested deferred stock units (“DSUs”) with delivery deferred until retirement from the Board. DSUs accrue dividend equivalents from the award grant date until the shares are delivered, and are paid in cash upon issuance. In 2024 and 2023 we granted to non-employee directors 29,557 and 71,356 DSUs, respectively, and recognized expense of $1 million and $1 million, respectively.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Employee Benefits	21. Employee Benefits PENSION PLANS Certain employees and retirees participate in U.S. defined benefit pension plans sponsored by AIG that include participants from other affiliates of AIG (the “Pension Plans”). These plans are closed to new participants and current participants no longer earn benefits (i.e., the plans are frozen). As sponsor of these plans, AIG is ultimately responsible for maintenance of these plans in compliance with applicable laws. Following the IPO, we have ceased to be a participating affiliate in, and do not have any liability with respect to, the Pension Plans. Prior to the IPO, we accounted for the Pension Plans as multiemployer benefit plans. Accordingly, we did not record an asset or liability to recognize the funded status of the Pension Plans. We recognized a liability only for any required contributions to the Pension Plans that were accrued and unpaid at the balance sheet date. The Company’s allocated share of AIG’s net pension credits recorded in the Consolidated Statements of Income (Loss) was $0 million, $0.3 million and $27 million for the years ended December 31, 2024, 2023 and 2022, respectively. In addition, certain employees in Ireland participate in a defined benefit pension plan sponsored by the Company (the “Irish Plan”), registered with the Irish Pensions Board under the Pensions Act of 1990 in Ireland. The Irish Plan does not include participants from other affiliates of AIG and was closed to new participants after December 2005, and to future service accrual for active members after July 2017. Members with benefits under the Irish Plan are not required to contribute to it. Effective with the sale of Laya on October 31, 2023, Corebridge no longer has any obligations or liability with respect to the Irish Plan. POSTRETIREMENT PLANS Prior to August 22, 2022, AIG provided postemployment medical and life benefits for certain retired employees (the “Benefits”). Since August 22, 2022, the Benefits are provided by Corebridge Parent with certain limited exceptions. The Company’s postretirement benefit expense recorded in the Consolidated Statements of Income (Loss) was $(2) million , $1 million and $1 million for the years ended December 31, 2024, 2023 and 2022 respectively. The related projected benefit obligation recorded in the Consolidated Balance Sheets was $31 million and $33 million as of December 31, 2024 and 2023, respectively . The Benefits are based upon the employee attaining the age of 55 and having a minimum of ten years of service, which was reduced to 5 years in 2019 for medical coverage only. Eligible employees who have medical coverage can enroll in retiree medical upon termination of employment. Medical benefits are contributory, while the life insurance benefits, which are closed to new employees, are generally non-contributory. Retiree medical contributions vary from none for pre-1989 retirees to actual premium payments reduced by certain subsidies for post-1992 retirees. These retiree contributions are subject to annual adjustments. Other cost sharing features of the medical plan include deductibles, coinsurance, Medicare coordination, and an employer subsidy for grandfathered employees only. DEFINED CONTRIBUTION PLANS Prior to August 22, 2022, employees participated in AIG’s qualified defined contribution plan that provided for contributions by employees, as well as an employer contribution. On August 22, 2022, participants’ accounts in the AIG plan were transferred to the Corebridge Financial Inc. Retirement Savings 401(k) Plan. The Company’s contributions relating to these plans were $70 million , $68 million and $76 million for the years ended December 31, 2024, 2023 and 2022, respectively. In addition, the Company sponsors defined contribution plans for certain non-U.S. employees which also provide for contributions by employees, as well as an employer contribution. The Company’s contributions relating to these plans were $2 million, $7 million and $8 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	22. 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. On December 23, 2024, the U.S. Treasury and Internal Revenue Service (“IRS”) published technical corrections to the proposed regulations that would address the application of CAMT, which were published in September 2024. The technical corrections were open to public comment through January 16, 2025, 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 for the 2028 tax year. Under the U.S. tax rules, tax attribute carryforwards at the time of tax deconsolidation remain with the relevant Corebridge entities and will be available for utilization by the respective Corebridge U.S. federal tax filing groups following tax deconsolidation from AIG. Our tax attribute carryforwards will continue to be adjusted based on changes to prior year tax returns in which Corebridge entities were included as part of the AIG consolidated federal income tax return. We calculate our provision for income taxes using the asset and liability method. This method considers the future tax consequences of temporary differences between the financial reporting and the tax basis of assets and liabilities measured using currently enacted tax rates. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. 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. EFFECTIVE TAX RATE The following table presents income (loss) before income tax expense (benefit) by U.S. and foreign location in which such pre-tax income (loss) was earned or incurred: Years Ended December 31, (in millions) 2024 2023 2022 U.S. $ 2,765 $ 972 $ 10,449 Foreign 38 (32) 42 Total $ 2,803 $ 940 $ 10,491 The following table presents the income tax expense (benefit) attributable to pre-tax income (loss): Years Ended December 31, (in millions) 2024 2023 2022 U.S. and Foreign components of actual income tax expense: U.S.: Current $ (34) $ 311 $ 868 Deferred 630 (400) 1,150 Foreign: Current (1) (5) 10 Deferred 5 (2) (16) Total $ 600 $ (96) $ 2,012 Our actual income tax (benefit) expense differs from the statutory U.S. federal amount computed by applying the federal income tax rate due to the following: Years Ended December 31, 2024 2023 2022 (dollars in millions) Pre-Tax Tax Percent of Pre-Tax Tax Percent of Pre-Tax Tax Percent of U.S. federal income tax at statutory rate $ 2,803 $ 589 21 % $ 940 $ 197 21 % $ 10,491 $ 2,203 21 % Adjustments: Uncertain tax positions (17) (0.6) — — — — 2 — Dispositions of subsidiaries 4 0.1 — (99) (10.5) — — — Reclassifications from accumulated other comprehensive income (32) (1.1) — (52) (5.5) — (84) (0.7) Noncontrolling interest 6 0.2 — 14 1.5 — (67) (0.6) Dividends received deduction (48) (1.7) — (59) (6.3) — (36) (0.3) Tax deconsolidation and separation costs — — — — — (104) (1.0) State and local income taxes 20 0.7 — 12 1.3 — 24 0.2 Other (5) (0.2) — (3) (0.4) — (29) (0.3) Adjustments to deferred tax assets — — — (40) (4.3) — — — Adjustments to prior year tax returns (10) (0.4) — (67) (7.1) — (48) (0.5) Share based compensation payments excess tax deduction (4) (0.1) — (10) (1.1) — (6) (0.1) Valuation allowance 97 3.5 — 11 1.2 — 157 1.5 Consolidated total amounts $ 2,803 $ 600 21.4 % $ 940 $ (96) (10.2) % $ 10,491 $ 2,012 19.2 % For the year ended December 31, 2024, there was a tax expense on income from operations, resulting in an effective tax rate on income from operations of 21.4%. The effective tax rate on income from operations differs from the statutory tax rate of 21% primarily due to tax charges of $95 million associated with the establishment of U.S. federal and state valuation allowance related to certain tax attribute carryforwards, and $20 million related to state and local income taxes. These tax charges were partially offset by tax benefits of $48 million dividends received deduction, $32 million of reclassifications from accumulated other comprehensive income to income from operations related to the disposal of available-for-sale securities, $17 million primarily associated with the release of reserves for uncertain tax positions related to audit activity by the IRS, and $10 million primarily associated with adjustments to prior year tax returns, including interest. For the year ended December 31, 2023, there was a tax benefit on income from operations, resulting in an effective tax rate on income from operations of (10.2)%. The effective tax rate on income from operations differs from the statutory tax rate of 21.0% primarily due to tax benefits of $95 million of associated with the establishment of outside basis as a result of the held-for-sale designation of Laya and AIG Life, $67 million associated with tax adjustments related to prior year returns, $59 million dividends received deduction, $52 million reclassifications from accumulated other comprehensive income to income from operations related to the disposal of available-for-sale securities, and $40 million adjustments to deferred tax assets. These tax benefits were partially offset by tax charges of $14 million as a result of noncontrolling interest, $12 million related to state and local income taxes, and $11 million additional valuation allowance establishment. For the year ended December 31, 2022, there was a tax expense on income from operations, resulting in an effective tax rate on income from operations of 19.2%. The effective tax rate on income from operations differs from the statutory tax rate of 21.0% primarily due to tax benefits of $104 million of associated with the tax deconsolidation from AIG, $84 million reclassifications from accumulated other comprehensive income to income from operations related to the disposal of available-for-sale securities, $67 million associated with noncontrolling interest, and $36 million dividends received deduction. These tax benefits were partially offset by a tax charge of $157 million additional valuation allowance establishment primarily as a result of the tax deconsolidation. The following table presents the components of the net deferred tax assets (liabilities): December 31, (in millions) 2024 2023 Deferred tax assets: Losses and tax credit carryforwards $ 877 $ 453 Basis differences on investments 2,944 3,446 Life policy reserves 658 1,532 Investments in foreign subsidiaries 15 49 Fixed assets and intangible assets 1,566 1,328 Other 416 406 Employee benefits 60 72 Unrealized losses related to available-for-sale debt securities 4,102 3,751 Market risk benefits 902 1,004 Total deferred tax assets 11,540 12,041 Deferred tax liabilities: Fortitude Re funds withheld embedded derivative (815) (712) Accruals not currently deductible, and other (118) (184) Deferred policy acquisition costs (1,553) (1,546) Total deferred tax liabilities (2,486) (2,442) Net deferred tax assets before valuation allowance 9,054 9,599 Valuation allowance (1,548) (1,372) Net deferred tax assets (liabilities) $ 7,506 $ 8,227 As of December 31, 2024, on a U.S. GAAP basis, we have U.S. federal net operating loss carryforwards of realized capital loss carryforwards of $330 million, net operating loss carryforwards of $124 million, and CAMT credit carryforwards of $158 million. Net operating loss carryforwards of the Non-Life Group of $79 million have carryforward periods expiring after 2028. Our realized capital losses have carryforward period expiring after 2029. Our remaining tax attribute carryforwards have unlimited carryforward periods. A valuation allowance has been recorded on net operating loss carryforwards of the Non-Life Group and a portion of our realized capital loss carryforwards, as discussed below. 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. Recent events, including multiple 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. 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. As discussed above, during the five-year waiting period following the IPO, the AGC Group will file separately from the Non-Life Group as members of the AGC consolidated U.S. federal income tax return. 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. During 2024, we recorded an increase in valuation allowance of $92 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. As of December 31, 2024, the balance sheet reflects a valuation allowance of $255 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. 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 during the five-year period following the ownership change. We consider the limitation when assessing realization of our deferred tax assets, and if we believe that deferred tax assets consisting of the pre-ownership change net operating losses and other built-in losses and deductions are no longer more-likely-than-not to be realized, a valuation allowance will be provided. For the year ended December 31, 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 December 31, 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 year ended December 31, 2024, we recorded an increase in valuation allowance of $153 million associated with the unrealized tax capital losses in the U.S. Life insurance companies’ available-for-sale securities portfolio. As of December 31, 2024, the balance sheet reflects a valuation allowance of $1.2 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. For the year ended December 31, 2024, we recognized a $5 million increase in deferred tax asset valuation allowance associated with certain foreign and state 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. We are periodically advised of certain IRS and other adjustments identified in AIG's consolidated tax return which are attributable to our operations. Under our tax sharing arrangement, we provide a charge or credit for the effect of the adjustments and the related interest in the period we are advised of such adjustments and interest. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES The following table presents a reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits: Years Ended December 31, (in millions) 2024 2023 2022 Gross unrecognized tax benefits, beginning of year $ 20 $ 20 $ 18 Increases in tax positions for prior years — — 3 Decreases in tax positions for prior years (17) — (1) Increases in tax positions for current year — — — Settlements — — — Gross unrecognized tax benefits, end of year $ 3 $ 20 $ 20 At December 31, 2024, 2023 and 2022, Corebridge subsidiaries had unrecognized tax benefits, excluding interest and penalties, which were $3 million, $20 million and $20 million, respectively, all of which would favorably affect the effective tax rate if recognized. Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. At December 31, 2024, 2023 and 2022 we had no accrued liabilities for the payment of interest and penalties. There was no interest activity related to unrecognized tax benefits for the years ended December 31, 2024, 2023, and 2022. Although it is reasonably possible that a change in the balance of unrecognized tax benefits may occur within the next 12 months, based on the information currently available, we do not expect any change to be material to our consolidated financial condition. Listed below are the tax years that remain subject to examination by major tax jurisdictions: December 31, 2024 Open Tax Years Major Tax Jurisdiction United States 2007-2023 United Kingdom 2022-2023

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
Related Parties	23. 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 Consolidated Statements of Income (Loss) were $17 million, $34 million and $95 million for the years ended December 31, 2024, 2023 and 2022, 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 t he Consolidated Statements of Income (Loss) were $0 million, $0 million and $15 million for the years ended December 31, 2024, 2023 and 2022, respectively. The derivative assets, net of gross assets and gross liabilities after collateral were $1 million and $13 million as of December 31, 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 December 31, 2024 and December 31, 2023, respectively. The collateral posted to AIGM was $0 million and $0 million as of December 31, 2024 and December 31, 2023, respectively. The collateral held by us was $21 million an d $377 million as of December 31, 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 agreements were $6 million and $39 million as of December 31, 2024 and December 31, 2023, respectively. Amounts due from AIG were $2 million and $38 million as of December 31, 2024 and December 31, 2023, respectively. The total service expenses incurred specific to these agreements reflected in General operating expenses on the Consolidated Statements of Income (Loss) were $43 million, $161 million and $114 million for the years ended December 31, 2024, 2023 and 2022, 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 th ese agreements were $0 million and $67 million as of December 31, 2024 and December 31, 2023. Amounts payable to AIRCO were $0 million and $13 million as of December 31, 2024 and December 31, 2023. Ceded premiums related to these agreements were $9 million, $37 million and $41 million for the years ended December 31, 2024, 2023 and 2022, 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. Purchase of Securitized Notes from AIG On September 9, 2022, certain of our insurance companies purchased from AIG senior debt issued by, as well as 100% of the ownership interests in, special purpose entities that held collateralized debt obligations for a total value of approximately $800 million. As a result of these transactions, we owned all the interests related to these investments and consolidate them in our financial statements. As of December 31, 2022, we sold the underlying collateralized debt obligations. Purchase of Residential Mortgage Loans On December 23, 2022, certain Corebridge subsidiaries executed four Sale Transfer and Assignment agreements with certain AIG subsidiaries to purchase certain participation interests in residential mortgage loans for approximately $452 million. 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. Payments to (refunds from) AIG in connection with the tax sharing agreements for the years ended December 31, 2024, 2023 and 2022 were $0 million, $(494) million and $1.0 billion, respectively. Amounts payable to AIG pursuant to the tax sharing agreements we re $364 million a nd $371 million as of December 31, 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 a nd $32 million as of December 31, 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 2024, we repurc hased approximately 8.0 million shares of Corebridge Common Stock from AIG for an aggregate purchase price of approximately $200 million. During 2023, we repurchased approximately 17.2 million shares of Corebridge Common Stock from AIG for an aggregate purchase price of approximately $315 million . Related Party Transactions with Blackstone Inc. (“Blackstone”) Investment Expense We entered into a long-term asse t management relationship with Blackstone to manage a portion of our investment portfolio. The investment expense incurred were $243 million, $175 million and $147 million for the years ended December 31, 2024, 2023 and 2022, respectively. Repurchase of Corebridge Common Stock During 2023, we repurchased approximately 1.9 million shares of Corebridge Common Stock from Blackstone for an aggregate purchase price of approximately $35 million . 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 in stances, affiliates may have variable interests in a VIE that is consolidated by us. The total debt of consolidated VIEs held by affiliates was $23 million and $102 million as of December 31, 2024 and December 31, 2023, respectively. The interest expense incurred on the debt reflected in Interest expense on the Consolidated Statements of Income (Loss) were $1 million, $9 million and $33 million for the years ended December 31, 2024, 2023 and 2022, respectively. The noncontrolling interest included in the Consolidated Balance Sheets related to the VIEs held by affiliates was $400 million and $518 million as of December 31, 2024 and December 31, 2023, respectively. The gain/(loss) attributable to noncontrolling interest of consolidated VIEs held by affiliates were $(6) million, $(3) million and $52 million for the years ended December 31, 2024, 2023 and 2022, 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 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 December 31, 2024 and December 31, 2023, respectively. For additional information related to VIEs and other investments, see Notes 5 and 8.

Schedule I

Schedule I	12 Months Ended
	Dec. 31, 2024
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]
Schedule I	Summary of Investments – Other than Investments in Related Parties Schedule I December 31, 2024 Amount at (in millions) Cost (a) Fair Value Fixed maturities: U.S. government and government sponsored entities $ 1,886 $ 1,556 $ 1,556 Obligations of states, municipalities and political subdivisions 5,513 4,695 4,695 Non-U.S. governments 4,761 3,931 3,931 Public utilities 20,782 17,467 17,467 All other corporate debt securities 105,288 91,947 91,947 Mortgage-backed, asset-backed and collateralized 58,090 56,506 56,506 Total fixed maturity securities 196,320 176,102 176,102 Equity securities and mutual funds: Common stock: Public utilities — — — Banks, trust and insurance companies — — — Industrial, miscellaneous and all other 2 2 2 Total common stock 2 2 2 Preferred stock 46 46 46 Mutual funds 8 8 8 Total equity securities and mutual funds 56 56 56 Mortgage and other loans receivable, net of allowance Commercial mortgages 35,795 32,813 35,795 Residential mortgages 12,735 11,768 12,735 Life insurance policy loans 1,726 1,727 1,726 Commercial loans, other loans and notes receivable 3,283 3,273 3,283 Total mortgage and other loans receivable 53,539 49,581 53,539 Allowance for credit losses (771) — (771) Total mortgage and other loans receivable, net of allowance 52,768 49,581 52,768 Other invested assets 10,379 9,851 9,851 Short-term investments, at cost (approximates fair value) 4,981 4,981 4,981 Derivative assets (b) 192 192 192 Total investments $ 264,696 $ 240,763 $ 243,950 (a) Original cost of fixed maturities is reduced by repayments and adjusted for amortization of premiums or accretion of discounts. (b) Excludes $110 million of derivative liabilities.

Schedule II

Schedule II	12 Months Ended
	Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]
Schedule II	Condensed Financial Information of Registrant Balance Sheets - Parent Company Only Schedule II December 31, (in millions, except per common share data) 2024 2023 Assets: Short-term investments $ 2,224 $ 1,594 Other investments 197 197 Total investments 2,421 1,791 Cash — — Due from affiliates* 33 114 Current tax receivable 28 26 Deferred income taxes 140 323 Investment in consolidated subsidiaries* 19,373 19,170 Other assets 204 162 Total assets $ 22,199 $ 21,586 Liabilities: Due to affiliate* $ 503 $ 461 Current tax payable 12 198 Short-term and long-term debt 10,027 8,941 Other liabilities 195 220 Total liabilities 10,737 9,820 Corebridge Shareholders’ equity: Common stock 7 6 Treasury stock (2,282) (503) Additional paid-in capital 8,161 8,149 Retained earnings 19,257 17,572 Accumulated other comprehensive income (13,681) (13,458) Total Corebridge Shareholders’ equity 11,462 11,766 Total liabilities and equity $ 22,199 $ 21,586 * Eliminated for the consolidated Corebridge financial statements. See accompanying Notes to Condensed Financial Information of Registrant. Condensed Financial Information of Registrant (Continued) Statements of Income (Loss) and Comprehensive Income (Loss) - Parent Company Only Schedule II Years Ended December 31, (in millions) 2024 2023 2022 Revenues: Equity in undistributed net income (loss) of consolidated subsidiaries * $ 530 $ (743) $ 6,897 Dividend income from consolidated subsidiaries * 2,160 2,017 1,781 Interest income 76 67 79 Net realized gains (losses) 18 (3) 4 Total revenues 2,784 1,338 8,761 Expenses: Interest expense 409 398 266 Net (gain) loss on sale of divested businesses (245) (620) — Other expenses 385 507 507 Total expenses 549 285 773 Income from continuing operations before income tax expense (benefit) 2,235 1,053 7,988 Income tax expense (benefit) 5 (51) (171) Net income attributable to Corebridge Parent 2,230 1,104 8,159 Other comprehensive income (loss) (185) 3,405 (25,096) Total comprehensive income (loss) attributable to Corebridge Parent $ 2,045 $ 4,509 $ (16,937) * Eliminated for the consolidated Corebridge financial statements. See accompanying Notes to Condensed Financial Information of Registrant. Condensed Financial Information of Registrant (Continued) Statements of Cash Flows - Parent Company Only Schedule II Years Ended December 31, (in millions) 2024 2023 2022 Net cash provided by (used in) operating activities $ 1,548 $ 1,532 $ 1,149 Cash flows from investing activities: Contributions to subsidiaries (200) — — Sales or distributions of: Available-for-sale securities — — 1 Acquisition of businesses, net of cash and restricted cash acquired — — (107) Sales of divested businesses 577 752 — Net change in short-term investments (630) (95) (1,034) Net change in derivative assets and liabilities — (3) 223 Net cash provided by (used in) investing activities (253) 654 (917) Cash flows from financing activities: Dividends paid on common stock (544) (1,722) (876) Issuance of long-term debt 1,329 1,240 7,451 Issuance of short-term debt 30 — 1,500 Repayments of short-term debt (280) (1,250) (8,300) Issuances of common stock 1 — — Repurchase of common stock (1,792) (498) — Other financing (39) 35 — Net cash used in financing activities (1,295) (2,195) (225) Net increase (decrease) in cash and restricted cash — (9) 7 Cash and restricted cash at beginning of year — 9 2 Cash and restricted cash at end of year $ — $ — $ 9 Supplementary disclosure of cash flow information: Years ended December 31, (in millions) 2024 2023 2022 Cash $ — $ — $ 9 Total cash and restricted cash shown in Statements of Cash Flows – Corebridge Parent Company Only $ — $ — $ 9 Cash (paid) received during the period for: Taxes: Income tax $ (32) $ 259 $ 116 See accompanying Notes to Condensed Financial Information of Registrant. NOTES TO CONDENSED FINANCIAL INFORMATION OF REGISTRANT 1. Basis of Presentation Corebridge’s investments in consolidated subsidiaries are stated at cost plus equity in undistributed income of consolidated subsidiaries. The condensed financial statements of Corebridge Parent (the “Registrant”) should be read in conjunction with the consolidated financial statements of Corebridge and the notes thereto (the “Consolidated Financial Statements”). The accounting policies of the Registrant are consistent with the accounting policies disclosed on the consolidated financial statements as applicable. The Registrant includes in its Statement of Income dividends from its subsidiaries and equity in undistributed income (loss) of consolidated subsidiaries, which represents the net income (loss) of each of its wholly-owned subsidiaries. 2. Debt Short-term and long-term debt is carried at the principal amount borrowed, including unamortized discounts, and fair value adjustments, when applicable. The following table lists our total debt outstanding at December 31, 2024 and December 31, 2023. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2024, including fixed and variable rates: (in millions) Range of Maturity December 31, 2024 December 31, 2023 Short-term debt issued or borrowed by Corebridge: Three 6.46 % 2024 — 250 Current portion of long-term debt: Senior unsecured notes 3.50 % 2025 $ 1,000 $ — Total short-term debt 1,000 250 Long-term debt issued by Corebridge: Senior unsecured notes* 3.65% - 6.05% 2027 - 2052 $ 6,750 $ 7,750 Hybrid junior subordinated notes 6.375% - 6.875% 2052 - 2064 2,350 1,000 Total long-term debt 9,100 8,750 Debt issuance costs (73) (59) Total short-term and long-term debt, net of debt issuance costs $ 10,027 $ 8,941 * Interest rates reflect contractual amounts and do not reflect the effective borrowing rate after giving effect to the cash flow hedges. SENIOR UNSECURED NOTES AND DELAYED DRAW TERM LOAN For further details regarding the Senior unsecured notes and Three-Year DDTL Facility, see Note 15 to the Consolidated Financial Statements. HYBRID JUNIOR SUBORDINATED NOTES For further details regarding the Hybrid junior subordinated notes, see Note 15 to the Consolidated Financial Statements. AFFILIATED NOTE In November 2021, Corebridge Parent issued an $8.3 billion senior promissory note AIG. We used the net proceeds from the senior unsecured notes, the net proceeds from the hybrid junior subordinated notes and a portion of the borrowing of the Three-Year DDTL Facility, discussed in Note 15 to the Consolidated Financial Statements , to repay the principal balance and accrued interest of this note to AIG. The interest rate per annum was equal to LIBOR plus 100 basis points and accrued semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2022. On January 10, 2024, Corebridge Parent entered into an intercompany 5.84% $30 million loan with CRBGLH due January 16, 2024. The loan was repaid in full on January 16, 2024. INTERCOMPANY LENDING FACILITIES Corebridge Parent has entered into two revolving loan facilities where our participating subsidiaries can, on a several basis, borrow monies from Corebridge Parent subject to the terms and conditions stated therein. Principal amounts borrowed under each of these facilities could be repaid and re-borrowed, in whole or in part, from time to time, without penalty. As of December 31, 2024, there were no amounts owed under these facilities. REVOLVING CREDIT AGREEMENT On May 12, 2022, Corebridge Parent entered into the Revolving Credit Agreement (the “Credit Agreement”). For further details regarding the Revolving credit agreement, see Note 15 to the Consolidated Financial Statements. LETTERS OF CREDIT As of December 31, 2024, Corebridge Parent and certain of our subsidiaries were parties to several letter of credit agreements with various financial institutions which issue letters of credit from time to time in support of our insurance companies. Letters of credit issued in support of our subsidiaries (primarily, insurance companies) totaled $226 million. For further details regarding the letters of credits, see Note 15 to the Consolidated Financial Statements. 3. Guarantees Corebridge Parent is the guarantor of a promissory note between AGL and SAFG Capital LLC to fund warehousing the origination of group real estate (“GRE”) transactions. Corebridge Parent is the guarantor of promissory notes issued by CRBGLH to AGL. Corebridge Parent entered into a general guarantee in favor of each holder of any monetary obligation or liability of Corebridge Markets, LLC, which transacts in various capital markets instruments. Corebridge Parent entered into a Capital and Liquidity Support Agreement with VALIC Trust Company Inc. for regulatory reasons. For further details regarding guarantees, see Note 16 to the Consolidated Financial Statements.

Schedule III

Schedule III	12 Months Ended
	Dec. 31, 2024
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]
Schedule III	Supplementary Insurance Information At December 31, 2024 and 2023 Schedule III Segment (in millions) Deferred Policy Future Policy Policy and Unearned 2024 Individual Retirement $ 5,011 $ 1,419 $ 30 $ — Group Retirement 1,049 213 1 — Life Insurance 4,138 13,170 799 5 Institutional Markets 95 21,074 51 — Corporate and Other — 20,396 112 5 Total Corebridge $ 10,293 $ 56,272 $ 993 $ 10 2023 Individual Retirement $ 4,779 $ 1,470 $ 34 $ — Group Retirement 1,056 227 1 — Life Insurance 4,106 13,400 789 6 Institutional Markets 70 20,025 39 — Corporate and Other — 21,986 115 5 Total Corebridge $ 10,011 $ 57,108 $ 978 $ 11 * Excludes balances that have been reclassified to held-for-sale. For the years ended December 31, 2024, 2023 and 2022 Segment (in millions) Premiums Net Other Income (a) Benefits (b) Amortization of Other 2024 Individual Retirement $ 934 $ 5,625 $ 455 $ 3,051 $ 618 $ 1,028 Group Retirement 454 1,866 343 1,223 85 693 Life Insurance 2,948 1,299 82 3,010 344 552 Institutional Markets 3,091 2,074 8 4,588 13 102 Corporate and Other 74 1,364 47 — — 589 Total Corebridge $ 7,501 $ 12,228 $ 935 $ 11,872 $ 1,060 $ 2,964 2023 Individual Retirement $ 921 $ 4,884 $ 426 $ 2,535 $ 572 $ 929 Group Retirement 426 1,965 309 1,224 82 716 Life Insurance 3,264 1,251 93 3,171 379 753 Institutional Markets 5,799 1,546 2 6,862 9 109 Corporate and Other 78 1,432 54 (3) — 702 Total Corebridge $ 10,488 $ 11,078 $ 884 $ 13,789 $ 1,042 $ 3,209 2022 Individual Retirement $ 976 $ 3,872 $ 463 $ 2,222 $ 523 $ 936 Group Retirement 435 1,976 312 1,186 80 705 Life Insurance 3,427 1,386 126 3,338 410 740 Institutional Markets 3,085 1,017 3 3,706 7 96 Corporate and Other 82 1,325 121 — — 680 Total Corebridge $ 8,005 $ 9,576 $ 1,025 $ 10,452 $ 1,020 $ 3,157 (a) Other income represents advisory fee income and other income balances. (b) Benefits represents policyholder benefits and interest credited to policyholder account balances.

Schedule IV

Schedule IV	12 Months Ended
	Dec. 31, 2024
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]
Schedule IV	Reinsurance At December 31, 2024, 2023 and 2022 and for the years then ended Schedule IV (in millions) Gross Ceded to Assumed Net Amount Percent of 2024 Life insurance in force $ 1,064,770 $ 117,100 $ 164 $ 947,834 —% Premiums Earned: Life Insurance and Annuities $ 3,998 767 1,320 4,551 29.0% Accident and Health 77 28 — 49 — Total $ 4,075 $ 795 $ 1,320 $ 4,600 28.7% 2023 Life insurance in force $ 1,308,474 $ 363,471 $ 173 $ 945,176 — Premiums Earned: Life Insurance and Annuities $ 4,623 1,096 4,111 7,638 53.8% Accident and Health 83 30 — 53 — Total $ 4,706 $ 1,126 $ 4,111 $ 7,691 53.5% 2022 Life insurance in force $ 1,280,831 $ 346,879 $ 188 $ 934,140 — Premiums Earned: Life Insurance and Annuities $ 4,651 934 1,318 5,035 26.2% Accident and Health 88 32 — 56 — Total $ 4,739 $ 966 $ 1,318 $ 5,091 25.9%

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 2,230	$ 1,104	$ 8,159

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We have developed and implemented an Information Security Program for Corebridge (the “Program”) that includes, among other things, conducting periodic risk assessments designed to evaluate potential security threats, to detect potential vulnerabilities, and to mitigate identified security risks. The Program is informed by industry standards and frameworks and is designed to protect the confidentiality, integrity, and availability of Corebridge’s information assets and systems that store, process, or transmit material non-public information. The Program is managed day-to-day by technology, information security, and operational personnel. W here appropriate, we also engage third-parties to provide operational support for the Program and to evaluate our Program and our cybersecurity risk management. The Program includes the following key elements: • Network, Systems, and Data Security – Corebridge deploys technical and organizational safeguards that are designed to protect Corebridge’s networks, systems, and data from cybersecurity threats, including firewalls, intrusion prevention and detection systems, anti-malware functionality, software security assessments, data leak protection, and access and identity management controls; • Threat and Vulnerability Management –Corebridge maintains a threat and vulnerability management program that leverages threat intelligence to proactively identify, assess, and address cybersecurity risks. This program incorporates vulnerability scanning, risk-based remediation and mitigation, penetration testing, and threat response capabilities to safeguard our information assets and ensure business continuity; • Cybersecurity Incident Monitoring and Response – Corebridge has established and maintains incident response plans that address Corebridge’s response to a cybersecurity incident, utilizing a cross-functional approach; • Third Party Assessment and Oversight – Corebridge maintains a third-party risk management program to identify and manage risks from third-party service providers, including initial due diligence, an assessment of the service provider’s control environment and periodic re-assessments; and • Security Training and Awareness – Corebridge provides ongoing education and training to employees regarding information security policies, procedures and best practices, including cyber threats, and their roles and responsibilities in identifying, reporting and responding to such threats. The Program is evaluated on an ongoing basis to address the evolving cyber threat landscape and to comply with applicable legal and regulatory obligations. See “Business—Regulation—U.S. Regulation—Privacy and Cybersecurity” and Business—Regulation—International Regulation—Privacy and Cybersecurity for further discussion. Control adequacy and design are reviewed periodically, and periodic audits assist in identifying areas for continued focus, improvement and/or inclusion, and are designed to provide assurance that controls are appropriately designed and operating effectively. Additionally, our Internal Audit group performs testing of Corebridge’s control environment, including the Program. Our Chief Information Security Officer (“CISO”) provides oversight and direction for the Program, including recommending adjustments in response to changes in technology, internal and external threats, business operations, and regulatory and statutory requirements, coordinates with other corporate functions and business segments to address various aspects of the Program managed by technology and operational personnel, an
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	e have developed and implemented an Information Security Program for Corebridge (the “Program”) that includes, among other things, conducting periodic risk assessments designed to evaluate potential security threats, to detect potential vulnerabilities, and to mitigate identified security risks. The Program is informed by industry standards and frameworks and is designed to protect the confidentiality, integrity, and availability of Corebridge’s information assets and systems that store, process, or transmit material non-public information. The Program is managed day-to-day by technology, information security, and operational personnel. W
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	We have implemented processes, to help facilitate oversight of information security risks by Corebridge’s senior management and Board of Directors. These processes enable our operations and risk management functions that monitor cybersecurity risks and examine control performance to report and escalate cybersecurity risks to our senior management and the Board of Directors, as appropriate.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	One of the main forums for reporting and escalating cybersecurity risks is the Corebridge Risk and Capital Committee (“RCC”), which is comprised of senior management personnel and led by our Chief Risk Officer (“CRO”), who is the head of our ERM function. ERM supports the identification, measurement, management, monitoring and reporting of major risks, which include cybersecurity risks. The RCC is responsible for addressing significant risk issues reported by ERM, including those related to cybersecurity, to protect Corebridge’s financial strength, optimize Corebridge’s intrinsic value, and protect Corebridge’s reputation. Corebridge’s CRO reports to the Board Audit Committee on risk issues, including cybersecurity risks.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The RCC is responsible for addressing significant risk issues reported by ERM, including those related to cybersecurity, to protect Corebridge’s financial strength, optimize Corebridge’s intrinsic value, and protect Corebridge’s reputation. Corebridge’s CRO reports to the Board Audit Committee on risk issues, including cybersecurity risks. In addition to the foregoing, we have implemented a practice whereby Corebridge’s Chief Information Officer (“CIO”), Chief Operations Officer (“COO”) and/or CISO report Corebridge’s approach to technology, resiliency and cybersecurity risk management directly to the Board of Directors at least once a year. The CIO, COO, CISO and business segment specific CIOs and CISOs also report to Corebridge’s subsidiary boards and the RCC as needed on material cyber risks and Corebridge’s security and resiliency posture and information security strategy. Corebridge’s cyber incident response plans and procedures establish escalation protocols in connection with a potential cybersecurity incident, pursuant to which incidents are responded to by multidisciplinary teams and are further escalated to the attention of senior management and our Board of Directors when applicable.
Cybersecurity Risk Role of Management [Text Block]	One of the main forums for reporting and escalating cybersecurity risks is the Corebridge Risk and Capital Committee (“RCC”), which is comprised of senior management personnel and led by our Chief Risk Officer (“CRO”), who is the head of our ERM function. ERM supports the identification, measurement, management, monitoring and reporting of major risks, which include cybersecurity risks. The RCC is responsible for addressing significant risk issues reported by ERM, including those related to cybersecurity, to protect Corebridge’s financial strength, optimize Corebridge’s intrinsic value, and protect Corebridge’s reputation. Corebridge’s CRO reports to the Board Audit Committee on risk issues, including cybersecurity risks. In addition to the foregoing, we have implemented a practice whereby Corebridge’s Chief Information Officer (“CIO”), Chief Operations Officer (“COO”) and/or CISO report Corebridge’s approach to technology, resiliency and cybersecurity risk management directly to the Board of Directors at least once a year. The CIO, COO, CISO and business segment specific CIOs and CISOs also report to Corebridge’s subsidiary boards and the RCC as needed on material cyber risks and Corebridge’s security and resiliency posture and information security strategy. Corebridge’s cyber incident response plans and procedures establish escalation protocols in connection with a potential cybersecurity incident, pursuant to which incidents are responded to by multidisciplinary teams and are further escalated to the attention of senior management and our Board of Directors when applicable.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	One of the main forums for reporting and escalating cybersecurity risks is the Corebridge Risk and Capital Committee (“RCC”), which is comprised of senior management personnel and led by our Chief Risk Officer (“CRO”), who is the head of our ERM function. ERM supports the identification, measurement, management, monitoring and reporting of major risks, which include cybersecurity risks. The RCC is responsible for addressing significant risk issues reported by ERM, including those related to cybersecurity, to protect Corebridge’s financial strength, optimize Corebridge’s intrinsic value, and protect Corebridge’s reputation. Corebridge’s CRO reports to the Board Audit Committee on risk issues, including cybersecurity risks. In addition to the foregoing, we have implemented a practice whereby Corebridge’s Chief Information Officer (“CIO”), Chief Operations Officer (“COO”) and/or CISO report Corebridge’s approach to technology, resiliency and cybersecurity risk management directly to the Board of Directors at least once a year. The CIO, COO, CISO and business segment specific CIOs and CISOs also report to Corebridge’s subsidiary boards and the RCC as needed on material cyber risks and Corebridge’s security and resiliency posture and information security strategy. Corebridge’s cyber incident response plans and procedures establish escalation protocols in connection with a potential cybersecurity incident, pursuant to which incidents are responded to by multidisciplinary teams and are further escalated to the attention of senior management and our Board of Directors when applicable.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our CISO has over 25 years of information security and risk management experience and has served in his current role since joining Corebridge in 2021. He previously served in numerous information security management roles, including as CISO, at various financial sector organizations. Our CIO also has over 25 years of experience and has served as CIO of Corebridge since 2020 and Executive Vice President since February 2022. Previously he served in various technology executive management roles at MetLife, Inc., including Senior Vice President and Chief Information Officer for its U.S. business and Senior Vice President of U.S. Application Development. Corebridge’s cybersecurity personnel maintain current knowledge through training programs, professional certifications, and participation in industry and advisory groups (e.g., the Financial Services Information Sharing and Analysis Center and the Securities Industry and Financial Markets Association). Company cybersecurity personnel expand and test their knowledge of cyber threats and countermeasures through additional on-the-job training to practice their response to real-life threats. In addition, and as part of performance development, certain of our cybersecurity personnel obtain industry approved certifications as appropriate for their roles and responsibilities. Examples of certifications held by Company’s cybersecurity personnel include CISSP (“Certified Information Systems Security Professional”) and CISM (“Certified Information Security Manager”).
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	Corebridge’s CRO reports to the Board Audit Committee on risk issues, including cybersecurity risks. In addition to the foregoing, we have implemented a practice whereby Corebridge’s Chief Information Officer (“CIO”), Chief Operations Officer (“COO”) and/or CISO report Corebridge’s approach to technology, resiliency and cybersecurity risk management directly to the Board of Directors at least once a year. The CIO, COO, CISO and business segment specific CIOs and CISOs also report to Corebridge’s subsidiary boards and the RCC as needed on material cyber risks and Corebridge’s security and resiliency posture and information security strategy. Corebridge’s cyber incident response plans and procedures establish escalation protocols in connection with a potential cybersecurity incident, pursuant to which incidents are responded to by multidisciplinary teams and are further escalated to the attention of senior management and our Board of Directors when applicable.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Consolidation	These 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.
Basis of Accounting	The accompanying 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 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.
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, registered index linked 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; • 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.
Advisory fee income	Advisory fee income includes fees from registered investment services.
Other Income	Other income includes 12b-1 fees (i.e. marketing and distribution fee income), other asset management fee income, and commission-based broker-dealer services.
Advisory fees expense	Advisory fee expense includes primarily sub-advisory fee expenses.
Cash	Cash represents cash on hand and demand deposits.
Fixed Maturity Securities	Short-term investments include highly liquid securities and other investments maturing within one year. Securities included within short-term investments are stated at estimated fair value, while other investments included within short-term investments are stated at amortized cost, which approximates estimated fair value. FIXED MATURITY SECURITIES Bonds held to maturity are carried at amortized cost when we have the ability and positive intent to hold these securities until maturity. When we do not have the ability or positive intent to hold bonds until maturity, these securities are classified as available-for-sale or the fair value option has been elected. None of our fixed maturity securities met the criteria for held to maturity classification at December 31, 2024 or 2023. Unrealized gains and losses from available-for-sale investments in fixed maturity securities carried at fair value are reported as a separate component of AOCI, net of policy related amounts and deferred income taxes, in Shareholders’ equity. Realized and unrealized gains and losses from fixed maturity securities for which the fair value option has been elected are reflected in Net investment income. Investments in fixed maturity securities are generally recorded on a trade-date basis. Interest income is recognized using the effective yield method and reflects amortization of premium and accretion of discount. Premiums and discounts arising from the purchase of bonds classified as available-for-sale are treated as yield adjustments over their estimated holding periods, until maturity, or call date, if applicable. For investments in certain structured securities, recognized yields are updated based on current information regarding the timing and amount of expected undiscounted future cash flows. For high credit quality structured securities, no assumption is made concerning prepayments. As principal prepayments occur, a portion of the unamortized premium or discount is recorded in net investment income such that the effective yield of a security remains constant throughout the life of the security. For structured securities that are not high credit quality, the structured securities yields are based on expected cash flows which take into account both expected credit losses and prepayments. An allowance for credit losses is not established upon initial recognition of the asset (unless the security is determined to be a purchased credit deteriorated asset which is discussed in more detail below). Subsequently, differences between actual and expected cash flows and changes in expected cash flows are recognized as adjustments to the allowance for credit losses. Changes that cannot be reflected as adjustments to the allowance for credit losses are accounted for as prospective adjustments to yield. 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.
Premiums and other receivables – net of allowance	Premiums and other receivables – net of allowance include premium balances receivable, amounts due from agents and brokers and policyholders, and other receivables.
Other assets	Other assets consist of deferred sales inducement assets, prepaid expenses, deposits, other deferred charges, other fixed assets, capitalized software costs, goodwill, intangible assets other than goodwill, restricted cash and derivative assets.
Goodwill	Goodwill represents the future economic benefits arising from assets acquired in a business combination that are not individually identified and separately recognized. Goodwill is tested for impairment at the reporting unit level, which is defined as an operating segment or one level below, and the test is performed annually on July 1, or more frequently if circumstances indicate an impairment may have occurred. The impairment assessment involves an option to first assess qualitative factors to determine whether events or circumstances exist that lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the qualitative test is not performed or if the test indicates a potential impairment is present, we estimate the fair value of each reporting unit and compare the estimated fair value with the carrying amount of the reporting unit, including allocated goodwill. The estimate of a reporting unit’s fair value involves management judgment and is based on one or a combination of approaches including discounted expected future cash flows, market-based earnings multiples of the unit’s peer companies, external appraisals or, in the case of reporting units being considered for sale, third-party indications of fair value, if available. We consider one or more of these estimates when determining the fair value of a reporting unit to be used in the impairment test. We performed our annual goodwill impairment tests of all reporting units and concluded that our goodwill was not impaired.
Capitalized Software	Capitalized software costs represent costs directly related to obtaining, developing or upgrading internal use software, are capitalized and amortized using the straight-line method over a period generally not exceeding ten years.
Real estate	Real estate includes the cost of buildings and furniture and fixtures which is depreciated principally using the straight-line basis over their estimated useful lives (maximum of 40 years for buildings, 10 years for furniture and fixtures and 5 years for office equipment). Expenditures for maintenance and repairs are charged to income as incurred and expenditures for improvements are capitalized and depreciated. We periodically assess the carrying amount of our real estate for purposes of determining any asset impairment.
Separate accounts	Separate accounts represent funds for which investment income and investment gains and losses accrue directly to the policyholders who bear the investment risk. Each account has specific investment objectives and the assets are carried at fair value. The assets of each account are legally segregated and are not subject to claims that arise from any of our other businesses. The liabilities for these accounts are equal to the account assets. Separate accounts may also include deposits for funds held under stable value wrap funding agreements, although the majority of stable value wrap sales are measured based on the notional amount included in assets under management and do not include the receipt of funds.
Other liabilities	Other liabilities consist of other funds on deposit, other payables, securities sold under agreements to repurchase, securities sold but not yet purchased and derivative liabilities.
Foreign currency	Foreign currency: Financial statement accounts expressed in foreign currencies are translated into U.S. dollars. Functional currency assets and liabilities are translated into U.S. dollars generally using rates of exchange prevailing at the balance sheet date of each respective subsidiary and the related translation adjustments are recorded as a separate component of Accumulated other comprehensive income, net of any related taxes, in Shareholders’ Equity. Income statement accounts expressed in functional currencies are translated using average exchange rates during the period. Functional currencies are generally the currencies of the local operating environment. Financial statement accounts expressed in currencies other than the functional currency of a consolidated entity are remeasured into that entity’s functional currency resulting in exchange gains or losses recorded in income, except for remeasurement gains or losses attributable to available-for-sale securities which are included in Accumulated other comprehensive income (“AOCI”).
Non-redeemable noncontrolling interest and Redeemable noncontrolling interest	Non-redeemable noncontrolling interest is the portion of equity (net assets) and net income (loss) in a subsidiary not attributable, directly or indirectly, to Corebridge. Redeemable noncontrolling interest represents noncontrolling interest holders in certain consolidated investment entities where the noncontrolling interest holder has the ability to redeem its interest in the consolidated investment entity at its option.
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. 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 Company adopted the standard effective for the fiscal year ending December 31, 2024. The ASU is applied retrospectively to all prior periods presented. 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. Disaggregation of Income Statement Expenses In November 2024, the FASB issued an ASU to improve the disclosures about a company’s business expenses. The standard requires disclosure about specific types of expenses, such as depreciation, intangible asset amortization and employee compensation, included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. The standard is effective for public companies for annual periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. The standard is allowed to be applied on either a prospective or retrospective basis. We are assessing the impact of this standard.
Segment Information	We report our results of operations consistent with the manner in which our Chief Executive Officer, who is the 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, registered index linked 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 – consists of term and universal life insurance products in the United States. 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. The chief operating decision maker assesses segment performance and allocates capital and resources to the segments based on an evaluation of each segments’ 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	We carry certain of our financial instruments at fair value. We define the fair value of a financial instrument as the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We are responsible for the determination of the value of the investments carried at fair value and the supporting methodologies and assumptions. The degree of judgment used in measuring the fair value of financial instruments generally inversely correlates with the level of observable valuation inputs. We maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments for which no quoted prices are available have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is new to the market and not yet established, the characteristics specific to the transaction, liquidity and general market conditions. Assets and liabilities recorded at fair value in the 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. The following is a description of the valuation methodologies used for instruments carried at fair value. These methodologies are applied to assets and liabilities across the levels discussed above, and it is the observability of the inputs used that determines the appropriate level in the fair value hierarchy for the respective asset or liability . VALUATION METHODOLOGIES OF FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE Incorporation of credit risk in fair value measurements • Our own credit risk: Fair value measurements for certain liabilities incorporate our own credit risk by determining the explicit cost for each counterparty to protect against its net credit exposure to us at the balance sheet date by reference to observable Corebridge credit default swaps (“CDS”) or cash bond spreads. We calculate the effect of credit spread changes using discounted cash flow techniques that incorporate current market interest rates. A derivative counterparty’s net credit exposure to us is determined based on master netting agreements, when applicable, which take into consideration all derivative positions with us, as well as collateral we post with the counterparty at the balance sheet date. We also incorporate our own risk of non-performance in the valuation of market risk benefits associated with variable annuity, fixed annuity, fixed index annuity and registered index linked annuity contracts and embedded derivatives associated with fixed index annuity, registered index linked annuity contracts and life contracts. The non-performance risk adjustment (“NPA”) reflects a market participant’s view of our claims-paying ability by incorporating an additional spread to the swap curve used to discount projected benefit cash flows in the valuation of market risk benefits and embedded derivatives. The non-performance risk adjustment is calculated by constructing forward rates based on a weighted average of observable corporate credit indices to approximate the claims-paying ability rating of our insurance operations companies. • Counterparty credit risk: Fair value measurements for freestanding derivatives incorporate counterparty credit by determining the explicit cost for us to protect against our net credit exposure to each counterparty at the balance sheet date by reference to observable counterparty CDS spreads, when available. When not available, other directly or indirectly observable credit spreads will be used to derive the best estimates of the counterparty spreads. Our net credit exposure to a counterparty is determined based on master netting agreements, which take into consideration all derivative positions with the counterparty, as well as collateral posted by the counterparty at the balance sheet date. Fair values for fixed maturity securities based on observable market prices for identical or similar instruments implicitly incorporate counterparty credit risk. Fair values for fixed maturity securities based on internal models incorporate counterparty credit risk by using discount rates that take into consideration cash issuance spreads for similar instruments or other observable information. For fair values measured based on internal models, the cost of credit protection is determined under a discounted present value approach considering the market levels for single name CDS spreads for each specific counterparty, the mid-market value of the net exposure (reflecting the amount of protection required) and the weighted average life of the net exposure. CDS spreads are provided to us by an independent third party. We utilize an interest rate based on the appropriate benchmark curve to derive our discount rates. While this approach does not explicitly consider all potential future behavior of the derivative transactions or potential future changes in valuation inputs, we believe this approach provides a reasonable estimate of the fair value of the assets and liabilities, including consideration of the impact of non-performance risk. Fixed maturity securities Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure fixed maturity securities at fair value. Market price data is generally obtained from dealer markets. We employ independent third-party valuation service providers to gather, analyze, and interpret market information to derive fair value estimates for individual investments, based upon market-accepted methodologies and assumptions. The methodologies used by these independent third-party valuation service providers are reviewed and understood by management, through periodic discussion with and information provided by the independent third-party valuation service providers. In addition, as discussed further below, control processes are applied to the fair values received from independent third-party valuation service providers to ensure the accuracy of these values. Valuation service providers typically obtain data about market transactions and other key valuation model inputs from multiple sources and, through the use of market-accepted valuation methodologies, which may utilize matrix pricing, financial models, accompanying model inputs and various assumptions, provide a single fair value measurement for individual securities. The inputs used by the valuation service providers include, but are not limited to, market prices from completed transactions for identical securities and transactions for comparable securities, benchmark yields, interest rate yield curves, credit spreads, prepayment rates, default rates, recovery assumptions, currency rates, quoted prices for similar securities and other market-observable information, as applicable. If fair value is determined using financial models, these models generally take into account, among other things, market observable information as of the measurement date as well as the specific attributes of the security being valued, including its term, interest rate, credit rating, industry sector, and when applicable, collateral quality and other security or issuer-specific information. When market transactions or other market observable data is limited, the extent to which judgment is applied in determining fair value is greatly increased. We have control processes designed to ensure that the fair values received from independent third-party valuation service providers are accurately recorded, that their data inputs and valuation techniques are appropriate and consistently applied and that the assumptions used appear reasonable and consistent with the objective of determining fair value. We assess the reasonableness of individual security values received from independent third-party valuation service providers through various analytical techniques and have procedures to escalate related questions internally and to the independent third-party valuation service providers for resolution. To assess the degree of pricing consensus among various valuation service providers for specific asset types, we conduct comparisons of prices received from available sources. We use these comparisons to establish a hierarchy for the fair values received from independent third-party valuation service providers to be used for particular security classes. We also validate prices for selected securities through reviews by members of management who have relevant expertise and who are independent of those charged with executing investing transactions. When our independent third-party valuation service providers are unable to obtain sufficient market observable information upon which to estimate the fair value for a particular security, fair value is determined either by requesting brokers who are knowledgeable about these securities to provide a price quote, which is generally non-binding, or by employing market accepted valuation models internally or via our third party asset managers. Broker prices may be based on an income approach, which converts expected future cash flows to a single present value amount, with specific consideration of inputs relevant to particular security types. For structured securities, such inputs may include ratings, collateral types, geographic concentrations, underlying loan vintages, loan delinquencies and defaults, loss severity assumptions, prepayments, and weighted average coupons and maturities. When the volume or level of market activity for a security is limited, certain inputs used to determine fair value may not be observable in the market. Broker prices may also be based on a market approach that considers recent transactions involving identical or similar securities. Fair values provided by brokers are subject to similar control processes to those noted above for fair values from independent third-party valuation service providers, including management reviews. For those corporate debt instruments (for example, private placements) that are not traded in active markets or that are subject to transfer restrictions, valuations reflect illiquidity and non-transferability, based on available market evidence. When observable price quotations are not available, fair value is determined based on discounted cash flow models using discount rates based on credit spreads, yields or price levels of comparable securities, adjusted for illiquidity and structure. Fair values determined internally or via our third party asset managers are also subject to management review to ensure that valuation models and related inputs are reasonable. The methodology above is relevant for all fixed maturity securities including residential mortgage backed securities (“RMBS”), commercial mortgage backed securities (“CMBS”), collateralized loan obligations (“CLOs”), other asset-backed securities (“ABS”) and fixed maturity securities issued by government sponsored entities and corporate entities. Equity securities traded in active markets Whenever available, we obtain quoted prices in active markets for identical assets at the balance sheet date to measure equity securities. at fair value. Market price data is generally obtained from exchange or dealer markets. Mortgage and other loans receivable We estimate the fair value of mortgage and other loans receivable that are measured at fair value by using dealer quotations, discounted cash flow analyses and/or internal valuation models. The determination of fair value considers inputs such as interest rate, maturity, the borrower’s creditworthiness, collateral, subordination, guarantees, past-due status, yield curves, credit curves, prepayment rates, market pricing for comparable loans and other relevant factors. Other invested assets We initially estimate the fair value of investments in certain hedge funds, private equity funds and other investment partnerships by reference to the transaction price. Subsequently, we generally obtain the fair value of these investments from net asset value information provided by the general partner or manager of the investments, the financial statements of which are generally audited annually. We consider observable market data and perform certain control procedures to validate the appropriateness of using the net asset value as a fair value measurement. The fair values of other investments carried at fair value, such as direct private equity holdings, are initially determined based on transaction price and are subsequently estimated based on available evidence such as market transactions in similar instruments, other financing transactions of the issuer and other available financial information for the issuer, with adjustments made to reflect illiquidity as appropriate. Short-term investments For short-term investments that are measured at amortized cost, the carrying amounts of these assets approximate fair values because of the relatively short period of time between origination and expected realization, and their limited exposure to credit risk. Securities purchased under agreements to resell (reverse repurchase agreements) are generally treated as collateralized receivables. We report certain receivables arising from securities purchased under agreements to resell as Short-term investments in the Consolidated Balance Sheets. When these receivables are measured at fair value, we use market-observable interest rates to determine fair value. Separate account assets Separate account assets are composed primarily of registered and unregistered open-end mutual funds that generally trade daily and are measured at fair value in the manner discussed above for equity securities traded in active markets. Freestanding derivatives Derivative assets and liabilities can be exchange-traded or traded over-the-counter (“OTC”). We generally value exchange-traded derivatives such as futures and options using quoted prices in active markets for identical derivatives at the balance sheet date. We use these OTC derivatives as part of fair value hedges. OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market clearing transactions, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. When models are used, the selection of a particular model to value an OTC derivative depends on the contractual terms of, and specific risks inherent in the instrument, as well as the availability of pricing information in the market. We generally use similar models to value similar instruments. Valuation models require a variety of inputs, including contractual terms, market prices and rates, yield curves, credit curves, measures of volatility, prepayment rates and correlations of such inputs. For OTC derivatives that trade in liquid markets, such as generic forwards, swaps and options, model inputs can generally be corroborated by observable market data by correlation or other means, and model selection does not involve significant management judgment. For certain OTC derivatives that trade in less liquid markets, where we generally do not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, the transaction price may provide the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so the model value at inception equals the transaction price. We will update valuation inputs in these models only when corroborated by evidence such as similar market transactions, independent third-party valuation service providers and/or broker or dealer quotations, or other empirical market data. When appropriate, valuations are adjusted for various factors such as liquidity, bid/offer spreads and credit considerations. Such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Market risk benefits and Embedded derivatives within Policyholder contract deposits Certain variable annuity, fixed annuity, fixed index annuity and registered index linked annuity contracts contain MRBs related to guaranteed benefit features that we separate from the host contracts and account for at fair value, with certain changes recognized in earnings. MRBs are contracts or contract features that provide protection to policyholders from other-than-nominal capital market risks and expose the insurance entity to other-than-nominal capital market risks. The fair value of MRBs contained in certain variable annuity, fixed annuity and fixed index annuity contracts is measured based on policyholder behavior and capital market assumptions related to projected cash flows over the expected lives of the contracts. These discounted cash flow projections primarily include benefits and related fees assessed, when applicable. In some instances, the projected cash flows from fees may exceed projected cash flows related to benefit payments and therefore, at a point in time, the carrying value of the MRBs may be in a net asset position. The projected cash flows incorporate best estimate assumptions for policyholder behavior (including mortality, lapses, withdrawals and benefit utilization), along with an explicit risk margin to reflect a market participant’s estimates of the fair value of projected cash flows and policyholder behavior. Estimates of future policyholder behavior assumptions are subjective and are based primarily on our historical experience. Because of the dynamic and complex nature of the projected cash flows with respect to MRBs in our variable annuity, fixed annuity and fixed index annuity contracts, risk neutral valuations are used, which are calibrated to observable interest rate and equity option prices. Estimating the underlying cash flows for these products involves judgments regarding the capital market assumptions related to expected market rates of return, market volatility, credit spreads, correlations of certain market variables, fund performance and discount rates. Additionally, estimating the underlying cash flows for these products also involves judgments regarding policyholder behavior. The portion of fees attributable to the fair value of expected benefit payments is included within the fair value measurement of these MRBs, and related fees are classified in change in the fair value of MRBs, net, as earned, consistent with other changes in the fair value of these MRBs. Any portion of the fees not attributed to the MRBs is excluded from the fair value measurement and classified in policy fees as earned. Option pricing models are used to estimate the fair value of embedded derivatives in our fixed index annuity, registered index linked annuity contracts and life contracts, taking into account the capital market assumptions for future index growth rates, volatility of the index, future interest rates, and our ability to adjust the participation rate and the cap on fixed index credited rates in light of market conditions and policyholder behavior assumptions. Projected cash flows are discounted using the interest rate swap curve (“swap curve”), which is viewed as being consistent with the credit spreads for highly-rated financial institutions (S&P AA-rated or above). A swap curve shows the fixed-rate leg of a non-complex swap against the floating rate (for example, Secured Overnight Financing Rate (“SOFR”) leg of a related tenor. We also incorporate our own risk of non-performance in the valuation of MRBs and embedded derivatives associated with variable annuity, fixed annuity, fixed index annuity and registered index linked annuity contracts and life contracts. The NPA reflects a market participant’s view of our claims-paying ability by incorporating an additional spread to the swap curve used to discount projected benefit cash flows. The NPA is calculated by constructing forward rates based on a weighted average of observable corporate credit indices to approximate the claims-paying ability rating of our insurance companies. The corporate credit indices are observable for the first 30 years. For years 30 to 50, the yield is derived using market observable yields. Yields for years 50 to 100 are extrapolated using a flat forward approach, maintaining a constant forward spread through the period. MRBs are measured using a NPA that is a locked-in estimate of our claims-paying ability at policy issue (“locked-in NPA”) as well as a NPA that reflects an estimate of our current claims-paying ability (“current NPA”). When MRBs are remeasured each period, both the interest rates and current NPA are updated. Changes in the swap curve and the time value accretion of the at-issue NPA are recorded to net income while the difference between the MRBs measured using the at-issue NPA and the current NPA is recorded to OCI. For embedded derivatives, changes in the interest rates and the period-over-period change in the NPA are recorded to net income. Policyholder contract deposits at fair value option We have elected fair value option on certain GICs recorded using discounted cash flow calculations based on interest rates currently being offered for similar contracts and our current market observable implicit credit spread rates with maturities consistent with those remaining for the contracts being valued. Obligations may be called at various times prior to maturity at the option of the counterparty. Interest rates on these borrowings are primarily fixed, vary by maturity and range up to 5.04%. Fortitude Re funds withheld payable The reinsurance transactions with Fortitude Re were structured as modco arrangements. 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. 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. The fair value of the underlying assets is generally based on market observable inputs using industry standard valuation techniques. The valuation also requires certain significant inputs, which are generally not observable and accordingly, the valuation is considered Level 3 in the fair value hierarchy. Debt of consolidated investment entities The fair value of debt of consolidated investment entities was determined using independent third-party valuation service providers that gather, analyze, and interpret market information to derive fair value estimates for individual securities, based upon market-accepted methodologies and assumptions. Previously, there were six consolidated investment entities which securitized portfolios of certain debt securities previously owned by Corebridge and its affiliates. These were valued using a discounted cash flow model. The discount rate considered current market spreads for U.S. Collateralized Loan Obligations, as well as our own considerations including duration, credit risk, and liquidity.
Lending Activities	Mortgage and other loans receivable include commercial mortgages, residential mortgages, policy loans on life and annuity contracts, commercial loans, and other loans and notes receivable. Commercial mortgages, residential mortgages, commercial loans, and other loans and notes receivable are carried at unpaid principal balances less allowance for credit losses and plus or minus adjustments for the accretion or amortization of discount or premium. Interest income on such loans is accrued as earned. Direct costs of originating commercial mortgages, commercial loans, and other loans and notes receivable, net of nonrefundable points and fees, are deferred and included in the carrying amount of the related receivables. The amount deferred is amortized to income as an adjustment to earnings using the interest method. Premiums and discounts on purchased residential mortgages are also amortized to income as an adjustment to earnings using the interest method. Policy loans on life and annuity contracts are carried at unpaid principal balances. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made, and the balances are effectively collateralized by the cash surrender value of the policy or annuity. METHODOLOGY USED TO ESTIMATE THE ALLOWANCE FOR CREDIT LOSSES At the time of origination or purchase, an allowance for credit losses is established for mortgage and other loan receivables and is updated each reporting period. Changes in the allowance for credit losses are recorded in net realized gains (losses). This allowance reflects the risk of loss, even when that risk is remote, and reflects losses expected over the remaining contractual life of the loan. The allowance for credit losses considers available relevant information about the collectability of cash flows, including information about past events, current conditions, and reasonable and supportable forecasts of future economic conditions. We revert to historical information when we determine that we can no longer reliably forecast future economic assumptions. The allowances for the commercial mortgage loans and residential mortgage loans are estimated utilizing a probability of default and loss given default outputs from portfolio modeling. Loss rate factors are determined based on historical data, current loan and property performance and forecasted information. The loss rates are applied based on individual loan attributes and considering such data points as loan-to-value ratios, FICO scores, and debt service coverage. The estimate of credit losses also reflects management’s assumptions on certain macro real estate factors that include, but are not limited to, real estate values and expected rental values plus certain macroeconomic forecasts such as, employment, inflation, and interest rates. Accrued interest is excluded from the measurement of the allowance for credit losses and accrued interest is reversed through interest income once a loan is placed on non-accrual. When all or a portion of a loan is deemed uncollectible, the uncollectible portion of the carrying amount of the loan is charged off against the allowance. 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.
Deferred Policy Acquisition Costs, Value Of Business Acquired	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 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 (i.e., approximating straight line amortization with adjustments for expected terminations) over the expected term of the related contracts using assumptions consistent with those used in estimating the related liability for future policy benefits, or any other related balances, for those corresponding contracts, as applicable. Capitalized expenses are only included in DAC amortization as expenses are incurred. For amortization purposes, contracts are grouped into annual cohorts by issue year and product and to segregate reinsured and non-reinsured contracts. For life insurance contracts, amortization is based on insurance in-force, while initial deposits are used for deferred annuity contracts, structured settlements and pension risk transfer products. Changes in future assumptions (e.g., expected duration of contracts or amount of coverage expected to be in force) are applied by adjusting the amortization rate prospectively. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization expense each period. DAC is capped at the amount of expenses capitalized as the DAC balance does not accrue interest. DAC is not subject to recoverability testing. Value of Business Acquired (“VOBA”): VOBA is determined at the time of acquisition and is reported in the 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. Internal Replacements of Long-duration and Investment-oriented Products: For some products, policyholders can elect to modify product benefits, features, rights or coverages by exchanging a contract for a new contract or by amendment, endorsement, or rider to a contract, or by the election of a feature or coverage within a contract. These transactions are known as internal replacements. If the modification does not substantially change the contract, we do not change the accounting and amortization of existing DAC and related actuarial balances. If an internal replacement represents a substantial change, the original contract is considered to be extinguished and any related DAC or other policy balances are charged or credited to income, and any new deferrable costs associated with the replacement contract are deferred.
Deferred Sales Inducements	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. Changes in future assumptions (e.g., expected duration of contracts) are applied by adjusting the amortization rate prospectively rather than through a retrospective catch up adjustment. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization expense each period, consistent with DAC.
Future Policy Benefits and Deferred Profit Liability	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. This NPR method incorporates periodic retrospective revisions to the NPR to reflect updated actuarial assumptions and variances in actual versus expected experience. The Future policy benefit liability is accrued by multiplying the gross premium recognized in each period by the NPR. The net premium is equal to the portion of the gross premium required to provide for all benefits and certain expenses and may not exceed 100%. Benefits in excess of premiums are expensed immediately through policyholder benefits. In addition, periodic revisions to the NPR below 100% may result in reclassification between the benefit reserves and deferred profit liability for limited pay contracts. Insurance contracts are aggregated into annual cohorts for the purposes of determining the liability for future policy benefits (“LFPB”), but are not aggregated across segments. These annual cohorts may be further segregated based on product characteristics, or to distinguish business reinsured from non-reinsured business or products issued in different functional currencies. The assumptions used to calculate the future policy benefits include discount rates, persistency and recognized morbidity and mortality tables modified to reflect the Company's experience. The current discount rate assumption for the liability for future policy benefits is derived from market observable yields on upper-medium-grade fixed income instruments. The Company uses an external index as the source of the yields on these instruments for the first 30 years. For years 30 to 50, the yield is derived using market observable yields. Yields for years 50 to 100 are extrapolated using a flat forward approach, maintaining a constant forward spread through the period. The current discount rate assumption is updated quarterly and used to remeasure the liability at the reporting date, with the resulting change in the discount rate reflected in OCI. The method for constructing and applying the locked-in discount rate assumptions on newly issued business is determined based on factors such as product characteristics and the expected timing of cash flows. This discount rate assumption is derived from market observable yields on upper-medium-grade fixed income instruments. Similar to the current discount rate assumption, the Company may employ conversion and interpolation methodologies when necessary. The applicable interest accretion is reflected in policyholder benefits in the Consolidated Statements of Income (Loss). Deferred Profit Liability: Corebridge issues certain annuity and life insurance contracts where premiums are paid up-front or for a shorter period than benefits will be paid (i.e., limited pay contracts). A Deferred Profit Liability (“DPL”) is required to be established to avoid recognition of gains when these contracts are issued. DPLs are amortized over the life of the contracts to align the revenue recognized with the related benefit expenses. The difference between the gross premium received and recorded as revenue and the net premium is deferred and recognized in policyholder benefits in a constant relationship to insurance in-force, or for annuities, the amount of expected future policy benefits. This deferred profit liability accretes interest and is recorded in the Consolidated Balance Sheets in Future policy benefits. Cash flow assumptions included in the measurement of the DPL are the same as those utilized in the respective LFPBs and are reviewed at least annually. The cash flow estimates for DPLs are updated on a retrospective catch-up basis at the same time as the cash flow estimates for the related LFPBs. The updated LFPB cash flows are used to recalculate the DPL at the inception of the applicable related LFPB cohort. The difference between the recalculated DPL at the beginning of the current reporting period and the carrying amount of the DPL at the current reporting period is recognized as a gain or loss in policyholder benefits in the Consolidated Statements of Income (Loss).
Policy Holder 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. 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). Changes in future assumptions are applied by adjusting the amortization rate prospectively. The Company has elected to implicitly account for actual experience, whether favorable or unfavorable, in its amortization of URR (i.e., policy fees) each period. Other policyholder funds also include provisions for future dividends to participating policyholders, accrued in accordance with all applicable regulatory or contractual provisions. Participating life business represented approximately 0.4% and 0.5% of gross insurance in force at December 31, 2024 and December 31, 2023, respectively and 1.0%, 0.9% and 1.3% of gross premiums and other considerations in 2024, 2023 and 2022, respectively. The amount of annual dividends to be paid is approved locally by the Corebridge Boards of Directors. Provisions for future dividend payments are computed by jurisdiction, reflecting local regulations. The portions of current and prior net income and of current unrealized appreciation of investments that can inure to our benefit are restricted in some cases by the insurance contracts and by the local insurance regulations of the jurisdictions in which the policies are in force. Certain products are subject to experience adjustments. These include group life and group medical products, credit life contracts, accident and health insurance contracts/riders attached to life policies and, to a limited extent, reinsurance agreements with other direct insurers. Ultimate premiums from these contracts are estimated and recognized as revenue with the unearned portions of the premiums recorded as liabilities in Other policyholder funds. Experience adjustments vary according to the type of contract and the territory in which the policy is in force and are subject to local regulatory guidance.
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 annuities, fixed index annuities 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 fixed index a nd fixed products. Under the non-option valuation method, the attributed fee is determined at contract inception; it cannot exceed the total contract fees and assessments collectible from the contract holder and cannot be less than zero. Investment margin is excluded from the attributed fee determination. Under the option-based valuation method, an offset to the host amount related to the MRB amount is established at inception. Changes in the fair value of MRBs are recorded in net income in Changes in the fair value of market risk benefits, net except for the portion of the fair value change attributable to our own credit risk, which is recognized in OCI. MRBs are derecognized when the underlying contract is surrendered, a GMDB is incurred, a GMIB is annuitized, or when the account value is exhausted on a policy with a GMWB. Generally when a policyholder elects to annuitize a GMIB rider or the account value on a policy with a GMWB rider is reduced to zero, the policy is converted to a payout annuity automatically. When a conversion occurs, the policyholder is issued a new payout annuity contract. At this point, the MRB is derecognized, and a LFPB is established for the payout annuity. Annuity Guarantees Annuity contracts may include certain contractually guaranteed benefits to the contract holder. These guaranteed features include GMDBs that are payable in the event of death and living benefits that are payable when partial withdrawals exhaust a policy’s account value, in the event of annuitization, or, in other instances, at specified dates during the accumulation period. Living benefits primarily include GMWBs. A variable annuity contract may include more than one type of guaranteed benefit feature; for example, it may have both a GMDB and a GMWB. However, a policyholder can only receive payout from one guaranteed feature on a contract containing a death benefit and a living benefit, i.e., the features are mutually exclusive (except a surviving spouse who has a rider to potentially collect both a GMDB upon their spouse’s death and a GMWB during their lifetime). A policyholder cannot purchase more than one living benefit on one contract. The net amount at risk for each feature is calculated irrespective of the existence of other features; as a result, the net amount at risk for each feature is not additive to that of other features. Guaranteed Benefits on Variable Annuities The GMDB feature may provide a death benefit of either (a) total deposits made to the contract, less any partial withdrawals plus a minimum return (and in rare instances, no minimum return), (b) return of premium whereby the benefit is the greater of the current account value or premiums paid less any partial withdrawals, (c) rollups whereby the benefit is the greater of current account value or premiums paid (adjusted for withdrawals) accumulated at contractually specified rates up to specified ages, or (d) the highest contract value attained, typically on any anniversary date less any subsequent withdrawals following the contract anniversary. Certain of our variable annuity contracts contain GMDB features and may also contain living benefit riders, which include optional GMWBs and, to a lesser extent, guaranteed minimum accumulation benefits (“GMABs”) and GMIBs. These living benefits and GMDBs related to variable annuity contracts are accounted for as MRBs measured at fair value, with changes in the fair value (excluding changes in our own credit risk) recorded in Change in the fair value of market risk benefits, net. The net amount at risk for the GMWB represents benefits in excess of the account value assuming the utilization of all benefits by the contract holders at the balance sheet date. The net amount at risk for the GMDB feature represents the amount of guaranteed benefits in excess of account value if all policyholders died. GMDB is our most widely offered benefit. Guaranteed Benefits on Fixed Index and Fixed Annuities Certain of our fixed annuity and fixed index annuity contracts, which are not offered through separate accounts, contain optional GMWBs. With a GMWB, the contract holder can monetize the excess of the guaranteed amount over the account value of the contract through a series of withdrawals that do not exceed a specific percentage per year of the guaranteed amount. Once the account value is exhausted, the contract holder will receive a series of annuity payments equal to the remaining guaranteed amount; for lifetime GMWB products, the annuity payments continue as long as the covered person(s) is living. The liability for GMWBs in fixed annuity and fixed index annuity contracts, which are recorded in MRBs, represents the expected value of benefits in excess of the projected account value, with the excess (excluding changes in our own credit risk) recognized at fair value through Change in the fair value of MRBs, net.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of 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 Year Ended December 31, 2024 Premiums $ 137 $ 12 $ 1,483 $ 2,894 $ 74 $ — $ 4,600 $ — $ 4,600 Policy fees 797 442 1,465 197 — — 2,901 — 2,901 Net investment income (a) 5,679 1,920 1,321 2,127 33 (22) 11,058 1,170 12,228 Net realized gains (losses) (a)(b) — — — — 85 — 85 (1,968) (1,883) Advisory fee and other income 454 343 82 8 47 — 934 1 935 Total adjusted revenues 7,067 2,717 4,351 5,226 239 (22) 19,578 (797) 18,781 Policyholder benefits 126 13 2,681 3,821 — — 6,641 (9) 6,632 Change in the fair value of market risk benefits, net — — — — — — — (227) (227) Interest credited to policyholder account balances 2,861 1,206 336 799 — — 5,202 38 5,240 Amortization of deferred policy acquisition costs 618 85 344 13 — — 1,060 — 1,060 Non-deferrable insurance commissions 388 120 58 20 2 — 588 — 588 Advisory fee expenses 150 134 2 — — — 286 — 286 General operating expenses 446 415 469 78 302 (4) 1,706 384 2,090 Interest expense — — — — 543 (19) 524 30 554 Net (gain) on divestitures — — — — — — — (245) (245) Total benefits and expenses 4,589 1,973 3,890 4,731 847 (23) 16,007 (29) 15,978 Noncontrolling interests — — — — 34 — 34 Adjusted pre-tax operating income (loss) $ 2,478 $ 744 $ 461 $ 495 $ (574) $ 1 $ 3,605 Adjustments to: Total revenue (797) Total expenses (29) Noncontrolling interests (34) Income before income tax expense (benefit) $ 2,803 $ 2,803 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2023 Premiums $ 213 $ 20 $ 1,776 $ 5,607 $ 78 $ — $ 7,694 $ (3) $ 7,691 Policy fees 708 406 1,488 195 — — 2,797 — 2,797 Net investment income (a) 4,908 1,996 1,282 1,586 92 (25) 9,839 1,239 11,078 Net realized gains (losses) (a)(b) — — — — (2) — (2) (3,570) (3,572) Advisory fee and other income 426 309 93 2 54 — 884 — 884 Total adjusted revenues 6,255 2,731 4,639 7,390 222 (25) 21,212 (2,334) 18,878 Policyholder benefits 204 31 2,838 6,298 (3) — 9,368 (6) 9,362 Change in the fair value of market risk benefits, net — — — — — — — (6) (6) Interest credited to policyholder account balances 2,269 1,182 340 600 — — 4,391 36 4,427 Amortization of deferred policy acquisition costs 572 82 379 9 — — 1,042 — 1,042 Non-deferrable insurance commissions 355 124 88 19 2 — 588 — 588 Advisory fee expenses 141 118 2 — — — 261 — 261 General operating expenses 402 440 619 85 339 — 1,885 475 2,360 Interest expense — — — — 569 (17) 552 28 580 Net (gain) on divestitures — — — — — — — (676) (676) Total benefits and expenses 3,943 1,977 4,266 7,011 907 (17) 18,087 (149) 17,938 Noncontrolling interests — — — — 68 — 68 Adjusted pre-tax operating income (loss) $ 2,312 $ 754 $ 373 $ 379 $ (617) $ (8) $ 3,193 Adjustments to: Total revenue (2,334) Total expenses (149) Noncontrolling interests (68) Income before income tax expense (benefit) $ 940 $ 940 (in millions) Individual Retirement Group Retirement Life Insurance Institutional Markets Corporate & Other Eliminations Total Corebridge Adjustments Total Consolidated Year Ended December 31, 2022 Premiums $ 235 $ 19 $ 1,864 $ 2,913 $ 82 $ — $ 5,113 $ (22) $ 5,091 Policy fees 741 415 1,564 194 — — 2,914 — 2,914 Net investment income (a) 3,888 2,000 1,389 1,049 473 (41) 8,758 818 9,576 Net realized gains (losses) (a)(b) — — — — 170 — 170 5,921 6,091 Advisory fee and other income 451 305 121 2 121 — 1,000 25 1,025 Total adjusted revenues 5,315 2,739 4,938 4,158 846 (41) 17,955 6,742 24,697 Policyholder benefits 285 35 3,010 3,404 — — 6,734 (14) 6,720 Change in the fair value of market risk benefits, net — — — — — — — (958) (958) Interest credited to policyholder account balances 1,916 1,147 342 320 — — 3,725 7 3,732 Amortization of deferred policy acquisition costs 523 80 410 7 — — 1,020 — 1,020 Non-deferrable insurance commissions 351 123 72 20 2 — 568 — 568 Advisory fee expenses 141 124 1 — — — 266 — 266 General operating expenses 426 447 656 73 384 (2) 1,984 339 2,323 Interest expense — — — — 535 (51) 484 50 534 Net (gain) loss on divestitures — — — — — — — 1 1 Total benefits and expenses 3,642 1,956 4,491 3,824 921 (53) 14,781 (575) 14,206 Noncontrolling interests — — — — (320) — (320) Adjusted pre-tax operating income (loss) $ 1,673 $ 783 $ 447 $ 334 $ (395) $ 12 $ 2,854 Adjustments to: Total revenue 6,742 Total expenses (575) Noncontrolling interests 320 Income before income tax expense (benefit) $ 10,491 $ 10,491 (a) Adjustments include Fortitude Re activity of $604 million, $(590) million and $6,841 million for the years ended December 31, 2024, 2023 and 2022, respectively. (b) Net realized gains (losses) includes the gains (losses) related to the disposition of real estate investments.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	The following table presents Corebridge’s consolidated total revenues by major geographic area: Total Revenues* (in millions) 2024 2023 2022 North America $ 18,670 $ 18,299 $ 24,160 International 111 579 537 Consolidated $ 18,781 $ 18,878 $ 24,697 * Revenues are generally reported according to the geographic location of the legal entity. International revenues consisted of revenues from Laya and AIG Life U.K. On October 31, 2023 Corebridge completed the sale of Laya and on April 8, 2024 completed the sale of AIG Life U.K.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 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: December 31, 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 $ 9 $ 1,359 $ — $ — $ — $ 1,368 Obligations of states, municipalities and political subdivisions — 3,916 745 — — 4,661 Non-U.S. governments — 3,904 — — — 3,904 Corporate debt — 104,644 1,834 — — 106,478 RMBS (b) — 9,739 6,045 — — 15,784 CMBS — 8,956 621 — — 9,577 CLO — 7,956 2,162 — — 10,118 ABS — 1,384 17,566 — — 18,950 Total bonds available-for-sale 9 141,858 28,973 — — 170,840 Other bond securities: U.S. government and government sponsored entities — 188 — — — 188 Obligations of states, municipalities and political subdivisions — 33 1 — — 34 Non-U.S. governments — 27 — — — 27 Corporate debt — 2,727 209 — — 2,936 RMBS (c) — 53 98 — — 151 CMBS — 206 14 — — 220 CLO — 419 59 — — 478 ABS — 68 1,160 — — 1,228 Total other bond securities — 3,721 1,541 — — 5,262 Equity securities 15 — 41 — — 56 Other invested assets (d) — — 1,647 — — 1,647 Derivative assets: Interest rate contracts — 2,556 364 — — 2,920 Foreign exchange contracts — 1,271 — — — 1,271 Equity contracts 1 2,390 654 — — 3,045 Credit contracts — — — — — — Other contracts — 1 13 — — 14 Counterparty netting and cash collateral — — — (4,494) (2,563) (7,057) Total derivative assets 1 6,218 1,031 (4,494) (2,563) 193 Short-term investments 351 1,088 — — — 1,439 Market risk benefit assets — — 1,332 — — 1,332 Separate account assets 90,400 3,488 — — — 93,888 Total $ 90,776 $ 156,373 $ 34,565 $ (4,494) $ (2,563) $ 274,657 Liabilities: Policyholder contract deposits (e) $ — $ 120 $ 9,415 $ — $ — $ 9,535 Derivative liabilities: Interest rate contracts — 3,452 — — — 3,452 Foreign exchange contracts — 268 — — — 268 Equity contracts 7 1,530 9 — — 1,546 Credit contracts — — — — — — Other contracts — — 2 — — 2 Counterparty netting and cash collateral — — — (4,494) (664) (5,158) Total derivative liabilities 7 5,250 11 (4,494) (664) 110 Fortitude Re funds withheld payable (f) — — 2,223 — — 2,223 Market risk benefit liabilities — — 5,616 — — 5,616 Total $ 7 $ 5,370 $ 17,265 $ (4,494) $ (664) $ 17,484 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 $36 million and $7 million classified as Level 2 and Level 3, respectively, as of December 31, 2023. (c) Includes less than $1 million of investments in RMBS issued by related parties classified as Level 2 as of 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 $6.1 billion and $5.8 billion as of December 31, 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 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 Consolidated Balance Sheets of $167 million, as of December 31, 2023. The following tables present changes during the years ended December 31, 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 Consolidated Balance Sheets at December 31, 2024 and 2023: (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value End of Year Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year Year Ended December 31, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 844 $ (1) $ (72) $ (4) $ — $ (22) $ — $ 745 $ — $ (77) Corporate debt 1,357 12 (2) (94) 1,057 (496) — 1,834 — (34) RMBS 5,854 290 31 155 21 (304) (2) 6,045 — 30 CMBS 608 1 95 (180) 252 (155) — 621 — 22 CLO 1,843 17 28 553 41 (320) — 2,162 — 29 ABS 12,906 391 305 3,282 1,161 (479) — 17,566 — 272 Total bonds available-for-sale 23,412 710 385 3,712 2,532 (1,776) (2) 28,973 — 242 Other bond securities: Obligations of states, municipalities and political subdivisions 1 — — — — — — 1 — — Corporate debt 167 15 — 10 20 (3) — 209 10 — RMBS 107 5 — (11) — (3) — 98 3 — CMBS 17 1 — (4) — — — 14 1 — CLO 69 (2) — 7 — (16) 1 59 — — ABS 962 66 — 223 21 (112) — 1,160 29 — Total other bond securities 1,323 85 — 225 41 (134) 1 1,541 43 — Equity securities 42 1 — 5 — — (7) 41 — — Other invested assets 1,850 (49) (15) 13 — (136) (16) 1,647 (56) — Total (a) $ 26,627 $ 747 $ 370 $ 3,955 $ 2,573 $ (2,046) $ (24) $ 32,202 $ (13) $ 242 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value End of Year Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year Liabilities: Policyholder contract deposits $ 7,942 $ 859 $ — $ 614 $ — $ — $ — $ 9,415 $ 1,472 $ — Derivative liabilities, net: Interest rate contracts (449) (170) — (84) — — 339 (364) 255 — Equity contracts (761) (38) — 141 — — 13 (645) (107) — Other contracts (10) (45) — 44 — — — (11) 44 — Total derivative liabilities, net (b) (1,220) (253) — 101 — — 352 (1,020) 192 — Fortitude Re funds withheld payable 2,182 518 — (477) — — — 2,223 531 — Total (c) $ 8,904 $ 1,124 $ — $ 238 $ — $ — $ 352 $ 10,618 $ 2,195 $ — (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value End of Year Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year Year Ended December 31, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 805 $ (2) $ 66 $ (15) $ — $ (10) $ — $ 844 $ — $ 35 Corporate debt 1,968 (96) 13 (58) 583 (1,037) (16) 1,357 — (19) RMBS 5,670 316 22 (103) 33 (84) — 5,854 — (45) CMBS 718 9 (53) (53) 179 (192) — 608 — (83) CLO 1,670 (18) 53 (29) 76 (172) 263 1,843 — (19) ABS 9,595 263 323 2,144 590 (9) — 12,906 — 260 Total bonds available-for-sale 20,426 472 424 1,886 1,461 (1,504) 247 23,412 — 129 Other bond securities: Obligations of states, municipalities and political subdivisions — — — 1 — — — 1 — — Corporate debt 417 (15) — (43) — (192) — 167 (16) — RMBS 107 6 — (6) — — — 107 2 — CMBS 28 (5) — (6) — — — 17 — — CLO 11 17 — (52) 39 (44) 98 69 6 — ABS 741 49 — 207 — (35) — 962 (18) — Total other bond securities 1,304 52 — 101 39 (271) 98 1,323 (26) — Equity securities 26 — — 23 1 (7) (1) 42 — — Other invested assets 1,832 (153) 11 126 34 — — 1,850 (150) — Total (a) $ 23,588 $ 371 $ 435 $ 2,136 $ 1,535 $ (1,782) $ 344 $ 26,627 $ (176) $ 129 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Value End of Year Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year Liabilities: Policyholder contract deposits $ 5,367 $ 1,464 $ — $ 1,111 $ — $ — $ — $ 7,942 $ (733) $ — Derivative liabilities, net: Interest rate contracts (303) (88) — (157) — — 99 (449) 33 — Equity contracts (267) (389) — (537) — — 432 (761) 438 — Other contracts (14) (61) — 65 — — — (10) 62 — Total derivative liabilities, net (b) (584) (538) — (629) — — 531 (1,220) 533 — Fortitude Re funds withheld payable 1,262 1,734 — (814) — — — 2,182 (721) — Debt of consolidated investment entities 6 1 — (7) — — — — — — Total (c) $ 6,051 $ 2,661 $ — $ (339) $ — $ — $ 531 $ 8,904 $ (921) $ — (a) Excludes MRB assets of $1.3 billion at December 31, 2024 and $912 million at December 31, 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 $5.6 billion at December 31, 2024 and $5.7 billion at December 31, 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 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 Year Ended December 31, 2024 Assets: Bonds available-for-sale $ — $ 748 $ (38) $ — $ 710 Other bond securities — 85 — — 85 Equity securities — 1 — — 1 Other invested assets — (49) — — (49) Year Ended December 31, 2023 Assets: Bonds available-for-sale $ — $ 491 $ (19) $ — $ 472 Other bond securities — 52 — — 52 Equity securities — — — — — Other invested assets — (150) (3) — (153) Year Ended December 31, 2024 Liabilities: Policyholder contract deposits (b) $ — $ — $ (859) $ — $ (859) Derivative liabilities, net 44 — 269 (60) 253 Fortitude Re funds withheld payable — — (518) — (518) Market risk benefit liabilities, net (c) — — 3 1,526 1,529 Debt of consolidated investment entities — — — — — Year Ended December 31, 2023 Liabilities: Policyholder contract deposits (b) $ — $ — $ (1,464) $ — $ (1,464) Derivative liabilities, net 62 — 517 (41) 538 Fortitude Re funds withheld payable — — (1,734) — (1,734) Market risk benefit liabilities, net (c) — — 3 1,125 1,128 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 year ended December 31, 2024 and 2023 related to Level 3 assets and liabilities in the Consolidated Balance Sheets: (in millions) Purchases Sales Issuances Purchases, Sales, Year Ended December 31, 2024 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ 22 $ (24) $ (2) $ (4) Corporate debt 507 (330) (271) (94) RMBS 1,552 (583) (814) 155 CMBS 59 (113) (126) (180) CLO 1,247 (153) (541) 553 ABS 6,087 (649) (2,156) 3,282 Total bonds available-for-sale 9,474 (1,852) (3,910) 3,712 Other bond securities: Obligations of states, municipalities and political subdivisions — — — — Corporate debt 10 — — 10 RMBS — — (11) (11) CMBS — (4) — (4) CLO 23 — (16) 7 ABS 427 (36) (168) 223 Total other bond securities 460 (40) (195) 225 Equity securities 7 (2) — 5 Other invested assets 282 — (269) 13 Total assets* $ 10,223 $ (1,894) $ (4,374) $ 3,955 Liabilities: Policyholder contract deposits $ — $ 1,564 $ (950) $ 614 Derivative liabilities, net — — 101 101 Fortitude Re funds withheld payable — — (477) (477) Total liabilities $ — $ 1,564 $ (1,326) $ 238 Year Ended December 31, 2023 Assets: Bonds available-for-sale: Obligations of states, municipalities and political subdivisions $ — $ (12) $ (3) $ (15) Corporate debt 223 (30) (251) (58) RMBS 706 (42) (767) (103) CMBS 9 (27) (35) (53) CLO 226 (18) (237) (29) ABS 2,523 (4) (375) 2,144 Total bonds available-for-sale 3,687 (133) (1,668) 1,886 Other bond securities: Obligations of states, municipalities and political subdivisions 3 (2) — 1 Corporate debt 185 — (228) (43) RMBS 6 — (12) (6) CMBS — (6) — (6) CLO 1 (9) (44) (52) ABS 256 (8) (41) 207 Total other bond securities 451 (25) (325) 101 Equity securities 25 — (2) 23 Other invested assets 262 — (136) 126 Total assets* $ 4,425 $ (158) $ (2,131) $ 2,136 Liabilities: Policyholder contract deposits $ — $ 1,428 $ (317) $ 1,111 Derivative liabilities, net (127) — (502) (629) Fortitude Re funds withheld payable — — (814) (814) Debt of consolidated investment entities — — (7) (7) Total liabilities $ (127) $ 1,428 $ (1,640) $ (339) * There were no issuances during the years ended December 31, 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 December 31, 2024 Valuation Unobservable Input (a) Range (Weighted Average) (b) Assets: Obligations of states, municipalities and political subdivisions $ 746 Discounted cash flow Yield 5.53% - 5.88% (5.70%) Corporate debt $ 1,822 Discounted cash flow Yield 4.94% - 10.38% (7.35%) RMBS (c) $ 2,892 Discounted cash flow Prepayment speed 3.92% - 8.91% (6.42%) Default rate 0.57% - 2.32% (1.45%) Yield 5.75% - 6.90% (6.33%) Loss severity 40.19% - 80.78% (60.49%) CLO (c) $ 2,104 Discounted cash flow Yield 6.13% - 7.40% (6.77%) ABS (c) $ 15,888 Discounted cash flow Yield 5.10% - 7.83% (6.47%) CMBS $ 607 Discounted cash flow Yield 4.80% - 20.87% (12.56%) Market risk benefit assets $ 1,332 Discounted cash flow Equity volatility 5.85% - 46.05% 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% - 6.30% NPA (h) 0.27% - 2.65% (in millions) Fair Value at December 31, 2024 Valuation Unobservable Input (a) Range (Weighted Average) (b) Liabilities (d) : Market risk benefit liabilities Variable annuities guaranteed benefits $ 1,424 Discounted cash flow Equity volatility 5.85% - 46.05% 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% - 6.30% NPA (h) 0.27% - 2.65% Fixed annuities guaranteed benefits $ 1,359 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) 0.27% - 2.65% Fixed index annuities guaranteed benefits $ 2,833 Discounted cash flow Equity volatility 5.85% - 46.05% 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% - 6.30% NPA (h) 0.27% - 2.65% Embedded derivatives within Policyholder contract deposits: Index credits on fixed index annuities and registered index linked annuities (i) $ 8,407 Discounted cash flow Equity volatility 5.85% - 46.05% 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% - 6.30% NPA (h) 0.27% - 2.65% Index universal life $ 1,008 Discounted cash flow Base lapse rate 0.00% - 37.97% Mortality rates 0.00% - 100.00% Equity volatility 5.85% - 19.63% NPA (h) 0.27% - 2.65% (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%) (in millions) Fair Value at December 31, 2023 Valuation Unobservable Input (a) Range (Weighted Average) (b) 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% 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 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 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 December 31, 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: December 31, 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 $ 2,744 $ 1,691 $ 2,445 $ 1,755 Real estate Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities 1,179 551 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 199 73 203 91 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 481 91 485 109 Mezzanine Funds that make investments in the junior debt and equity securities of leveraged companies 107 47 152 42 Other Includes distressed funds that invest in securities of 1,224 195 1,182 233 Total private equity funds 5,934 2,648 5,541 2,770 Hedge funds: Event-driven Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations 5 — 4 — Long-short Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk 174 — 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 30 — 65 — Total hedge funds 210 — 299 — Total $ 6,144 $ 2,648 $ 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 options: Years Ended December 31, Gain (Loss) (in millions) 2024 2023 2022 Assets: Other bond securities (a) $ 369 $ 340 $ (408) Alternative investments (b) 307 115 191 Total assets 676 455 (217) Liabilities: Policyholder contract deposits (c) 4 3 20 Total liabilities 4 3 20 Total gain (loss) $ 680 $ 458 $ (197) (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 Years Ended December 31, (in millions) Level 1 Level 2 Level 3 Total 2024 2023 2022 December 31, 2024 Other investments $ — $ — $ 117 $ 117 $ 66 $ 13 $ 25 Total $ — $ — $ 117 $ 117 $ 66 $ 13 $ 25 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 December 31, 2024 Assets: Mortgage and other loans receivable $ — $ 21 $ 49,560 $ 49,581 $ 52,768 Other invested assets — 279 — 279 279 Short-term investments — 3,542 — 3,542 3,542 Cash 806 — — 806 806 Other assets 13 1 — 14 14 Liabilities: Policyholder contract deposits associated with investment-type contracts — 69 146,345 146,414 151,082 Fortitude Re funds withheld payable — — 22,068 22,068 22,068 Other liabilities — 3,027 — 3,027 3,027 Short-term debt — 1,101 — 1,101 1,101 Long-term debt — 8,982 — 8,982 9,353 Debt of consolidated investment entities — 29 1,772 1,801 1,938 Separate account liabilities - investment contracts — 89,802 — 89,802 89,802 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 Consolidated Balance Sheets of $11 million as of December 31, 2023. (b) Excludes assets that were reclassified to Assets held-for-sale in the Consolidated Balance Sheets of $3 million as of December 31, 2023.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 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) December 31, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 1,698 $ — $ 7 $ (337) $ 1,368 Obligations of states, municipalities and political subdivisions 5,479 — 20 (838) 4,661 Non-U.S. governments 4,734 — 26 (856) 3,904 Corporate debt 123,134 (86) 927 (17,497) 106,478 Mortgage-backed, asset-backed and collateralized: RMBS 16,077 (15) 562 (840) 15,784 CMBS 10,260 (18) 73 (738) 9,577 CLO 10,020 — 156 (58) 10,118 ABS 19,656 — 146 (852) 18,950 Total mortgage-backed, asset-backed and collateralized 56,013 (33) 937 (2,488) 54,429 Total bonds available-for-sale $ 191,058 $ (119) $ 1,917 $ (22,016) $ 170,840 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 $43 million, and an amortized cost $45 million as of December 31, 2023. (b) Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. (c) At December 31, 2024 includes mark-to-market movement (“MTM”) relating to embedded derivatives.
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* December 31, 2024 Bonds available-for-sale: U.S. government and government sponsored entities $ 264 $ 17 $ 676 $ 320 $ 940 $ 337 Obligations of states, municipalities and political subdivisions 645 46 3,504 792 4,149 838 Non-U.S. governments 922 76 2,587 780 3,509 856 Corporate debt 24,777 2,176 60,591 15,291 85,368 17,467 RMBS 3,164 101 4,964 716 8,128 817 CMBS 839 32 5,665 700 6,504 732 CLO 1,293 31 935 27 2,228 58 ABS 3,620 86 7,711 766 11,331 852 Total bonds available-for-sale $ 35,524 $ 2,565 $ 86,633 $ 19,392 $ 122,157 $ 21,957 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 December 31, 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 December 31, 2024 Due in one year or less $ 3,723 $ 3,700 Due after one year through five years 23,176 22,678 Due after five years through ten years 25,278 23,769 Due after ten years 82,782 66,264 Mortgage-backed, asset-backed and collateralized 55,980 54,429 Total $ 190,939 $ 170,840
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: Years Ended December 31, 2024 2023 2022 (in millions) Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 80 $ (1,274) $ 100 $ (451) $ 120 $ (677)
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: December 31, 2024 December 31, 2023 (in millions) Fair Value Percent Fair Value Percent Fixed maturity securities: U.S. government and government sponsored entities $ 188 4 % $ — — % Obligations of states, municipalities and political subdivisions 34 1 40 1 Non-U.S. governments 27 1 13 — Corporate debt 2,936 54 2,653 57 Mortgage-backed, asset-backed and collateralized: RMBS 151 3 170 4 CMBS 220 4 228 5 CLO 478 9 423 9 ABS 1,228 23 1,051 23 Total mortgage-backed, asset-backed and collateralized 2,077 39 1,872 41 Total fixed maturity securities 5,262 99 4,578 99 Equity securities 56 1 63 1 Total $ 5,318 100 % $ 4,641 100 %
Schedule of Other Invested Assets	The following table summarizes the carrying amounts of other invested assets: (in millions) December 31, 2024 December 31, 2023 Alternative investments (a)(b) $ 7,829 $ 7,690 Investment real estate (c) 1,426 1,932 All other investments (d) 596 635 Total $ 9,851 $ 10,257 (a) At December 31, 2024, included hedge funds of $210 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) Approximately 15% of our hedge fund investments, excluding those in the modco agreement with Fortitude Re, are in liquid funds and have been redeemed, though due to withdrawal terms they will liquidate over the next two quarters. The remaining 85% 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 $528 million and $680 million as of December 31, 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 December 31, 2024 and December 31, 2023, respectively.
Schedule of Equity Method Investments Summarized Financial Information	The following is the aggregated summarized financial information of our equity method investees, including those for which the fair value option has been elected: Years Ended December 31, (in millions) 2024 2023 2022 Operating results: Total revenues $ 3,400 $ 2,319 $ 6,316 Total expenses (652) (521) (579) Net income $ 2,748 $ 1,798 $ 5,737 December 31, (in millions) 2024 2023 Balance sheet: Total assets $ 26,231 $ 33,168 Total liabilities $ (1,338) $ (1,672)
Components of Net Investment Income	The following table presents the components of Net investment income: Years Ended December 31, 2024 2023 2022 (in millions) Excluding Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Available-for-sale fixed maturity securities, including short-term investments $ 8,796 $ 740 $ 9,536 $ 7,894 $ 822 $ 8,716 $ 6,725 $ 954 $ 7,679 Other fixed maturity securities 43 326 369 49 291 340 (30) (378) (408) Equity securities 4 — 4 40 — 40 (82) — (82) Interest on mortgage and other loans 2,485 193 2,678 2,160 199 2,359 1,703 176 1,879 Alternative investments* 159 146 305 18 86 104 675 170 845 Real estate 45 (4) 41 38 — 38 43 — 43 Other investments 60 — 60 61 (1) 60 100 — 100 Total investment income 11,592 1,401 12,993 10,260 1,397 11,657 9,134 922 10,056 Investment expenses 734 31 765 550 29 579 449 31 480 Net investment income $ 10,858 $ 1,370 $ 12,228 $ 9,710 $ 1,368 $ 11,078 $ 8,685 $ 891 $ 9,576 * 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 components of Net realized gains (losses): Years Ended December 31, 2024 2023 2022 (in millions) Excluding Fortitude Fortitude Total Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (1,141) $ (53) $ (1,194) $ (278) $ (73) $ (351) $ (325) $ (232) $ (557) Intent to sell (15) (32) (47) — — — — — — Change in allowance for credit losses on fixed maturity securities (237) (7) (244) (162) (9) (171) (115) (31) (146) Change in allowance for credit losses on loans (66) 18 (48) (138) (66) (204) (76) (44) (120) Foreign exchange transactions, net of related hedges 134 7 141 (195) (10) (205) 695 61 756 Index-Linked interest credited embedded derivatives, net of related hedges (19) — (19) (776) — (776) (117) — (117) All other derivatives and hedge accounting* 128 (202) (74) (53) (66) (119) (43) (181) (224) Sales of alternative investments and real estate investments 159 21 180 50 (2) 48 179 43 222 Other (60) — (60) (62) 2 (60) (57) (13) (70) Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (1,117) (248) (1,365) (1,614) (224) (1,838) 141 (397) (256) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (518) (518) — (1,734) (1,734) — 6,347 6,347 Net realized gains (losses) $ (1,117) $ (766) $ (1,883) $ (1,614) $ (1,958) $ (3,572) $ 141 $ 5,950 $ 6,091 * 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. The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available-for-sale securities: Years Ended December 31, (in millions) 2024 2023 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ (1,703) $ 6,042 Other investments 3 13 Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ (1,700) $ 6,055 * Excludes net unrealized gains and losses attributable to business Held-for-sale at 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: Years Ended December 31, 2024 2023 (in millions) Equities Other Invested Assets Total Equities Other Invested Assets Total Net gains (losses) recognized during the period on equity securities and other investments $ 4 $ 408 $ 412 $ 41 $ 240 $ 281 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 12 16 28 57 1 58 Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date $ (8) $ 392 $ 384 $ (16) $ 239 $ 223
Rollforward of the Changes In Allowance for Credit Losses	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: Years Ended December 31, 2024 2023 2022 (in millions) Structured Non-Structured Total Structured Non-Structured Total Structured Non-Structured Total Balance, beginning of year $ 55 $ 73 $ 128 $ 27 $ 121 $ 148 $ 8 $ 70 $ 78 Additions: Securities for which allowance for credit losses were not previously recorded 21 90 111 59 84 143 36 139 175 Reductions: Securities sold during the period (21) (34) (55) (2) (30) (32) (3) (48) (51) 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 46 87 133 (10) 38 28 (14) (15) (29) Write-offs charged against the allowance (68) (131) (199) (19) (140) (159) — (25) (25) Other — 1 1 — — — — — — Balance, end of year $ 33 $ 86 $ 119 $ 55 $ 73 $ 128 $ 27 $ 121 $ 148
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 and securities lending agreements: (in millions) December 31, 2024 December 31, 2023 Fixed maturity securities available-for-sale $ 2,921 $ 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 December 31, 2024 Bonds available-for-sale: Corporate debt $ 12 $ 675 $ — $ — $ — $ 687 Total $ 12 $ 675 $ — $ — $ — $ 687 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 The following table presents the fair value of securities pledged under our securities lending agreements by collateral type and by remaining contractual maturity: Remaining Contractual Maturity of the Securities Lending Agreements (in millions) Overnight and Continuous Up to 30 Days 31 - 90 Days 91 - 364 Days 365 Days or Greater Total December 31, 2024 Bonds available-for-sale: Corporate debt $ — $ 2,234 $ — $ — $ — $ 2,234 Total $ — $ 2,234 $ — $ — $ — $ 2,234

Lending Activities (Tables)

Lending Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Receivables [Abstract]
Schedule of Composition of Mortgages and Other Loans Receivable	The following table presents the composition of Mortgage and other loans receivable, net: (in millions) December 31, 2024 December 31, 2023 Commercial mortgages (a) $ 35,795 $ 34,172 Residential mortgages 12,735 8,445 Life insurance policy loans 1,726 1,746 Commercial loans, other loans and notes receivable (b) 3,283 3,202 Total mortgage and other loans receivable 53,539 47,565 Allowance for credit losses (c) (771) (698) Mortgage and other loans receivable, net $ 52,768 $ 46,867 (a) Commercial mortgages primarily represent loans for apartments, offices and industrial properties, with exposures in New York and California representing the largest geographic concentrations (aggregating approximately 18% and 10%, respectively, at December 31, 2024, and 19% and 10%, respectively, at December 31, 2023). The weighted average loan-to-value ratio for NY and CA was 65% and 56% at December 31, 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 December 31, 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 December 31, 2024 and December 31, 2023. (c) Does not include allowance for credit losses of $20 million and $58 million at December 31, 2024 and December 31, 2023, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities.
Schedule of Credit Quality	The following table presents debt service coverage ratios for commercial mortgages by year of vintage*: December 31, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total >1.2X $ 3,997 $ 2,275 $ 6,429 $ 2,589 $ 1,247 $ 14,763 $ 31,300 1.00 - 1.20X 542 284 825 88 214 1,413 3,366 <1.00X — — 25 — — 1,104 1,129 Total commercial mortgages $ 4,539 $ 2,559 $ 7,279 $ 2,677 $ 1,461 $ 17,280 $ 35,795 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 December 31, 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*: December 31, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total Less than 65% $ 3,726 $ 2,234 $ 4,915 $ 2,001 $ 701 $ 10,903 $ 24,480 65% to 75% 813 325 2,084 323 556 3,841 7,942 76% to 80% — — — 220 — 592 812 Greater than 80% — — 280 133 204 1,944 2,561 Total commercial mortgages $ 4,539 $ 2,559 $ 7,279 $ 2,677 $ 1,461 $ 17,280 $ 35,795 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 December 31, 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 December 31, 2024 Credit Quality Performance Indicator: In good standing 591 $ 14,188 $ 7,905 $ 3,899 $ 6,763 $ 1,947 $ 453 $ 35,155 98% 90 days or less delinquent 2 — 343 — — — — 343 1% >90 days delinquent or in process of foreclosure (a) 2 — 111 186 — — — 297 1% Total (b) 595 $ 14,188 $ 8,359 $ 4,085 $ 6,763 $ 1,947 $ 453 $ 35,795 100% Allowance for credit losses $ 36 $ 430 $ 103 $ 28 $ 29 $ — $ 626 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 $21 million of Retail loans supporting the Fortitude Re Funds Withheld arrangements, greater than 90 days delinquent or in process of foreclosure, at December 31, 2024 (b) Does not reflect allowance for credit losses. The following table presents credit quality performance indicators for residential mortgages by year of vintage: December 31, 2024 (in millions) 2024 2023 2022 2021 2020 Prior Total FICO*: 780 and greater $ 1,075 $ 667 $ 690 $ 2,258 $ 617 $ 863 $ 6,170 720 - 779 1,647 1,095 579 582 149 440 4,492 660 - 719 609 355 235 150 38 336 1,723 600 - 659 15 12 34 25 10 146 242 Less than 600 3 2 19 12 5 67 108 Total residential mortgages $ 3,349 $ 2,131 $ 1,557 $ 3,027 $ 819 $ 1,852 $ 12,735 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 December 31, 2024 and December 31, 2023 residential loans direct to consumers totaled $8.4 billion and $6.7 billion, respectively.
Schedule of 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*: Years Ended December 31, 2024 2023 2022 (in millions) Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Commercial Mortgages Other Loans Total Allowance, beginning of year $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 $ 423 $ 73 $ 496 Loans charged off (6) (7) (13) (106) — (106) (13) — (13) Net charge-offs (6) (7) (13) (106) — (106) (13) — (13) Addition to (release of) allowance for loan losses 18 68 86 189 15 204 121 (4) 117 Provision for loan losses — — — — — — — — — Divestitures — — — — — — — — — Allowance, end of year $ 626 $ 145 $ 771 $ 614 $ 84 $ 698 $ 531 $ 69 $ 600 * Does not include allowance for credit losses of $20 million, $58 million and $60 million, respectively, at December 31, 2024, 2023 and 2022 in relation to the off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities in the Consolidated Balance Sheets.

Reinsurance (Tables)

Reinsurance (Tables)	12 Months Ended
	Dec. 31, 2024
Insurance [Abstract]
Effects of Reinsurance	The following table presents the impacts of reinsurance ceded and the corresponding gross liabilities on the Consolidated Balance Sheets: December 31, (in millions) 2024 2023 Assets Reinsurance assets, net of allowance $ 1,560 $ 1,620 Reinsurance assets - Fortitude Re, net of allowance 24,933 26,772 Total Assets $ 26,493 $ 28,392 Liabilities Future policy benefits for life and accident and health insurance contracts $ 56,272 $ 57,108 Policyholder contract deposits 173,695 162,050 Other policyholder funds 2,873 2,862 Total Liabilities $ 232,840 $ 222,020 The following table presents premiums earned and policy fees for our long-duration life insurance and annuity operations: Years Ended December 31, (in millions) 2024 2023 2022 Premiums Direct $ 4,075 $ 4,706 $ 4,739 Assumed * 1,320 4,111 1,318 Ceded (795) (1,126) (966) Net $ 4,600 $ 7,691 $ 5,091 Policy Fees Direct $ 2,978 $ 2,873 $ 2,992 Assumed — — — Ceded (77) (76) (78) Net $ 2,901 $ 2,797 $ 2,914 * Assumed premiums includes premium from pension risk transfer agreements o f $1.3 billion, $4.1 billion, and $1.3 billion for the years ended December 31, 2024, 2023 and 2022, respectively.
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: December 31, 2024 December 31, 2023 (in millions) Carrying Value Fair Value Carrying Value Fair Value Corresponding Accounting Policy Fixed maturity securities - available-for-sale $ 13,254 $ 13,254 $ 15,204 $ 15,204 Fair value through other comprehensive income Fixed maturity securities - fair value option 4,914 4,914 4,212 4,212 Fair value through net investment income Commercial mortgage loans 3,224 2,983 3,378 3,157 Amortized cost Real estate investments 158 227 184 329 Amortized cost Private equity funds/hedge funds 1,893 1,893 1,910 1,910 Fair value through net investment income Policy loans 315 315 330 330 Amortized cost Short-term Investments 274 274 129 129 Fair value through net investment income Funds withheld investment assets 24,032 23,860 25,347 25,271 Derivative assets, net (a) 2 2 45 45 Fair value through realized gains (losses) Other (b) 429 429 641 641 Amortized cost Total $ 24,463 $ 24,291 $ 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 $7 million and $182 million, respectively, as of December 31, 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: Years Ended December 31, (in millions) 2024 2023 2022 Net investment income - Fortitude Re funds withheld assets $ 1,370 $ 1,368 $ 891 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized gains (losses) Fortitude Re funds withheld assets (248) (224) (397) Net realized losses Fortitude Re funds withheld embedded derivatives (518) (1,734) 6,347 Net realized losses on Fortitude Re funds withheld assets (766) (1,958) 5,950 Income (loss) before income tax expense (benefit) 604 (590) 6,841 Income tax expense (benefit)* 127 (124) 1,437 Net income (loss) 477 (466) 5,404 Change in unrealized appreciation (depreciation) of the invested assets supporting the Fortitude Re modco arrangement classified as available-for-sale* (402) 491 (5,064) Comprehensive income (loss) $ 75 $ 25 $ 340 * 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: Years Ended December 31, (in millions) 2024 2023 2022 Balance, beginning of year $ 30 $ 84 $ 101 Current period provision for expected credit losses and disputes (8) (5) 8 Write-offs charged against the allowance for credit losses and disputes (10) (49) — Other changes — — (25) Balance, end of year $ 12 $ 30 $ 84

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 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 Consolidated Balance Sheets: (in millions) Real Estate and Investment Entities (c) Securitization and Repackaging Vehicles Total December 31, 2024 Assets: Bonds available-for-sale $ 38 $ — $ 38 Other bond securities 44 — 44 Equity securities 2 — 2 Mortgage and other loans receivable — 1,919 1,919 Other invested assets Alternative investments (a) 2,433 — 2,433 Investment real estate 926 — 926 Short-term investments 131 1 132 Cash 75 — 75 Accrued investment income 2 5 7 Other assets 77 — 77 Total assets (b) $ 3,728 $ 1,925 $ 5,653 Liabilities: Debt of consolidated investment entities $ 658 $ 977 $ 1,635 Other liabilities 78 — 78 Total liabilities $ 736 $ 977 $ 1,713 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 December 31, 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 December 31, 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 Consolidated Income Statements: Real Estate and Investment Entities Securitization and Repackaging Vehicles (in millions) Total December 31, 2024 Total revenue $ 104 $ 68 $ 172 Net (loss) attributable to noncontrolling interests (27) — (27) Net income attributable to Corebridge 47 42 89 December 31, 2023 Total revenue $ 11 $ 131 $ 142 Net income attributable to noncontrolling interests (68) — (68) Net income attributable to Corebridge 13 94 107 December 31, 2022 Total revenue $ 681 $ 229 $ 910 Net income attributable to noncontrolling interests 318 3 321 Net income (loss) attributable to Corebridge 314 47 361 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 December 31, 2024 Real estate and investment entities (a) $ 463,464 $ 5,837 $ 2,800 $ 8,637 Total $ 463,464 $ 5,837 $ 2,800 $ 8,637 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 December 31, 2024 and December 31, 2023, $5.8 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)	12 Months Ended
	Dec. 31, 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 Consolidated Balance Sheets: December 31, 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 $ 2,378 $ 217 $ 11,853 $ 414 $ 2,213 $ 238 $ 833 $ 18 Foreign exchange contracts 7,062 558 978 46 2,918 354 4,829 164 Derivatives not designated as hedging instruments: (a) Interest rate contracts 46,448 2,703 36,575 3,038 41,056 2,709 41,225 3,260 Foreign exchange contracts 10,360 713 2,857 222 6,260 586 7,878 399 Equity contracts 41,040 3,046 24,117 1,546 76,561 2,017 14,144 745 Credit contracts (b) — — 5 — 305 8 5 — Other contracts (c) 45,016 13 45 2 44,640 13 47 2 Total derivatives, gross $ 152,304 $ 7,250 $ 76,430 $ 5,268 $ 173,953 $ 5,925 $ 68,961 $ 4,588 Counterparty netting (d) (4,494) (4,494) (3,646) (3,646) Cash collateral (e) (2,563) (664) (1,886) (801) Total derivatives on Condensed Consolidated Balance Sheets (f) $ 193 $ 110 $ 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 December 31, 2024 and December 31, 2023. The fair value of liabilities related to bifurcated embedded derivatives was $11.8 billion and $10.2 billion at December 31, 2024 and December 31, 2023, respectively. A bifurcated embedded derivative is generally presented with the host contract in the Consolidated Balance Sheets. Embedded derivatives are primarily related to guarantee features in fixed index annuities and index universal life contracts, which include equity and interest rate components; bonds available-for-sale 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: December 31, 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 $ 2,126 $ 21 $ — $ — $ 53,163 $ 622 $ 5,720 $ 232 Total derivatives with third parties 150,178 7,229 76,430 5,268 120,790 5,303 63,241 4,356 Total derivatives, gross $ 152,304 $ 7,250 $ 76,430 $ 5,268 $ 173,953 $ 5,925 $ 68,961 $ 4,588 As of December 31, 2024 and December 31, 2023, the following amounts were recorded on the 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: December 31, 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 $ 6,910 $ — $ 7,412 $ — Commercial mortgage and other loans (a) — (21) — (24) Policyholder contract deposits (b) (8,759) 88 (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 Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Earnings for: (in millions) Hedging Derivatives (a)(c) Excluded Components (b)(c) Hedged Net Impact Year Ended December 31, 2024 Interest rate contracts: Interest credited to policyholder account balances $ (118) $ — $ 119 $ 1 Net investment income — — — — Foreign exchange contracts: Realized gains (losses) $ 385 $ 4 $ (385) $ 4 Year Ended December 31, 2023 Interest rate contracts: Interest credited to policyholder account balances $ 86 $ — $ (98) $ (12) Net investment income — — 1 1 Foreign exchange contracts: Realized gains (losses) $ (243) $ 15 $ 243 $ 15 Year Ended December 31, 2022 Interest rate contracts: Interest credited to policyholder account balances $ (156) $ — $ 151 $ (5) Net investment income 11 — (12) (1) Foreign exchange contracts: Realized gains (losses) $ 459 $ 171 $ (459) $ 171 (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 years ended December 31, 2024, 2023 and 2022. (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 Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Earnings Years Ended December 31, (in millions) 2024 2023 2022 By Derivative Type: Interest rate contracts $ (750) $ (397) $ (2,386) Foreign exchange contracts 339 (215) 1,028 Equity contracts 241 (120) (483) Credit contracts 87 — (1) Other contracts 62 64 64 Embedded derivatives (984) (1,477) 1,120 Fortitude Re funds withheld embedded derivative (518) (1,734) 6,347 Total (a) $ (1,523) $ (3,879) $ 5,689 By Classification: Policy fees $ 62 $ 64 $ 61 Net investment income (loss) - Fortitude Re funds withheld assets 17 (10) (10) Net realized gains (losses) - excluding Fortitude Re funds withheld assets (b) 392 (990) 817 Net realized losses on Fortitude Re funds withheld assets (172) (90) (121) Net realized gains (losses) on Fortitude Re funds withheld embedded derivatives (518) (1,734) 6,347 Policyholder benefits (5) — (19) Change in the Fair value of market risk benefits (c) (1,299) (1,119) (1,386) Total (a) $ (1,523) $ (3,879) $ 5,689 (a) Includes gains (losses) with related parties of $0.2 billion, $(1.1) billion and $(2.5) billion for the years ended December 31, 2024, 2023 and 2022, respectively. (b) Includes a $5 million gain and $13 million loss related to the sale of Laya and AIG Life U.K., reported in net (gain) loss on divestitures for the years ended December 31, 2024 and 2023 respectively. For further details on this transaction, see Note 1 . (c)

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	12 Months Ended
	Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of 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 years ended December 31, 2024, 2023 and 2022: Individual Group Life Institutional Total (in millions) DAC: Balance at January 1, 2024 (a) $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Capitalization 850 78 411 38 1,377 Amortization expense (617) (84) (342) (13) (1,056) Other, including foreign exchange — — (7) — (7) Dispositions — — (27) — (27) Balance at December 31, 2024 $ 5,010 $ 1,049 $ 4,127 $ 95 $ 10,281 Balance at January 1, 2023 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 Capitalization 705 77 450 28 1,260 Amortization expense (571) (82) (372) (9) (1,034) Other, including foreign exchange — — 36 — 36 Reclassified to Assets held-for-sale — — (740) — (740) Balance at December 31, 2023 $ 4,777 $ 1,055 $ 4,092 $ 70 $ 9,994 Balance at January 1, 2022 $ 4,604 $ 1,078 $ 4,765 $ 38 $ 10,485 Capitalization 562 62 414 21 1,059 Amortization expense (523) (80) (401) (7) (1,011) Other, including foreign exchange — — (60) (1) (61) Balance at December 31, 2022 $ 4,643 $ 1,060 $ 4,718 $ 51 $ 10,472 VOBA: Balance at January 1, 2024 (b) $ 2 $ 1 $ 14 $ — $ 17 Amortization expense (1) (1) (2) — (4) Other, including foreign exchange — — (1) — (1) Balance at December 31, 2024 $ 1 $ — $ 11 $ — $ 12 Balance at January 1, 2023 $ 3 $ 1 $ 87 $ — $ 91 Amortization expense (1) — (7) — (8) Other, including foreign exchange — — 8 — 8 Reclassified to Assets held-for-sale — — (74) — (74) Balance at December 31, 2023 $ 2 $ 1 $ 14 $ — $ 17 Balance at January 1, 2022 $ 3 $ 1 $ 109 $ — $ 113 Amortization expense — — (9) — (9) Other, including foreign exchange — — (13) — (13) Balance at December 31, 2022 $ 3 $ 1 $ 87 $ — $ 91 Total DAC and VOBA: Balance at December 31, 2024 $ 10,293 Balance at December 31, 2023 $ 10,011 Balance at December 31, 2022 $ 10,563 (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 years ended December 31, 2024, 2023 and 2022: Years Ended December 31, 2024 2023 2022 Individual Group Total Individual Group Total Individual Group Total (in millions) Balance, beginning of year $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 $ 428 $ 191 $ 619 Capitalization 5 1 6 7 1 8 9 — 9 Amortization expense (50) (13) (63) (55) (14) (69) (56) (14) (70) Balance, end of period $ 288 $ 152 $ 440 $ 333 $ 164 $ 497 $ 381 $ 177 $ 558 Other reconciling items* 1,404 1,797 1,963 Other assets, including restricted cash $ 1,844 $ 2,294 $ 2,521 * 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)	12 Months Ended
	Dec. 31, 2024
Insurance [Abstract]
Schedule of 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) December 31, 2024 Equity funds $ 26,822 $ 30,097 $ 945 $ 676 $ 58,540 Bond funds 4,092 3,070 46 1,302 8,510 Balanced funds 17,230 5,666 53 2,207 25,156 Money market funds 674 839 15 154 1,682 Total $ 48,818 $ 39,672 $ 1,059 $ 4,339 $ 93,888 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
Schedule of 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) Year Ended December 31, 2024 Separate accounts balance, beginning of year $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Premiums and deposits 1,350 1,441 34 123 2,948 Policy charges (1,157) (475) (47) (98) (1,777) Surrenders and withdrawals (5,267) (4,223) (34) (91) (9,615) Benefit payments (965) (674) (12) (23) (1,674) Investment performance 6,875 5,751 192 387 13,205 Net transfers from (to) general account and other 89 (336) (6) 49 (204) Separate accounts balance, end of period $ 48,818 $ 39,672 $ 1,059 $ 4,339 $ 93,888 Cash surrender value * $ 47,920 $ 39,576 $ 1,040 $ 4,336 $ 92,872 Year Ended December 31, 2023 Separate accounts balance, beginning of year $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Premiums and deposits 1,408 1,374 36 41 2,859 Policy charges (1,241) (441) (49) (93) (1,824) Surrenders and withdrawals (3,744) (3,047) (25) (721) (7,537) Benefit payments (844) (557) (7) (68) (1,476) Investment performance 6,933 6,666 181 287 14,067 Net transfers from (to) general account and other 203 (168) (3) 31 63 Separate accounts balance, end of period $ 47,893 $ 38,188 $ 932 $ 3,992 $ 91,005 Cash surrender value * $ 46,911 $ 37,992 $ 911 $ 3,994 $ 89,808 Year Ended December 31, 2022 Separate accounts balance, beginning of year $ 57,927 $ 45,138 $ 1,044 $ 5,002 $ 109,111 Premiums and deposits 2,420 1,611 37 69 4,137 Policy charges (1,325) (461) (51) (100) (1,937) Surrenders and withdrawals (3,320) (2,452) (22) (131) (5,925) Benefit payments (898) (613) (6) (59) (1,576) Investment performance (9,861) (8,479) (201) (319) (18,860) Net transfers from (to) general account and other 235 (383) (2) 53 (97) Separate accounts balance, end of period $ 45,178 $ 34,361 $ 799 $ 4,515 $ 84,853 Cash surrender value * $ 44,124 $ 34,169 $ 777 $ 4,518 $ 83,588 * 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)	12 Months Ended
	Dec. 31, 2024
Insurance [Abstract]
Schedule of 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 Consolidated Balance Sheets: Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 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 — — 16 — (3) 13 Adjusted beginning of year balance — — 14,107 — 1,003 15,110 Issuances — — 910 — — 910 Interest accrual — — 375 — 42 417 Net premium collected — — (1,153) — (113) (1,266) Foreign exchange impact — — (46) — — (46) Other — — (1) — — (1) Dispositions — — (5,108) — — (5,108) Ending balance at original discount rate — — 9,084 — 932 10,016 Effect of changes in discount rate assumptions (AOCI) — — (797) — (61) (858) Balance, end of year $ — $ — $ 8,287 $ — $ 871 $ 9,158 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) (34) (3) 35 (3) — (5) Adjusted beginning of year balance 1,451 211 25,406 20,344 21,052 68,464 Issuances 123 13 895 2,842 6 3,879 Interest accrual 63 11 836 897 1,002 2,809 Benefit payments (139) (25) (1,615) (1,229) (1,478) (4,486) Foreign exchange impact — — (61) (161) — (222) Other — (5) 2 — (6) (9) Dispositions — — (6,796) — — (6,796) Ending balance at original discount rate 1,498 205 18,667 22,693 20,576 63,639 Effect of changes in discount rate assumptions (AOCI) (165) (3) (1,720) (3,206) (1,536) (6,630) Balance, end of year $ 1,333 $ 202 $ 16,947 $ 19,487 $ 19,040 $ 57,009 Net liability for future policy benefits, end of year 1,333 202 8,660 19,487 18,169 47,851 Liability for future policy benefits for certain participating contracts — — 12 — 1,263 1,275 Liability for universal life policies (b) — — 4,034 — 54 4,088 Deferred profit liability 57 11 23 1,587 816 2,494 Other reconciling items (c) 29 — 441 — 94 564 Future policy benefits for life and accident and health insurance contracts 1,419 213 13,170 21,074 20,396 56,272 Less: Reinsurance recoverable: (4) — (664) (41) (20,396) (21,105) Net liability for future policy benefits after reinsurance recoverable $ 1,415 $ 213 $ 12,506 $ 21,033 $ — $ 35,167 Weighted average liability duration of the liability for future policy benefits (d) 7.3 6.4 10.7 11.2 10.6 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 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 — — 62 — 20 82 Adjusted beginning of year balance — — 13,622 — 1,098 14,720 Issuances — — 1,277 — — 1,277 Interest accrual — — 437 — 46 483 Net premium collected — — (1,464) — (118) (1,582) Foreign exchange impact — — 265 — — 265 Other — — 11 — (9) 2 Ending balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in discount rate assumptions (AOCI) — — (1,482) — (44) (1,526) Reclassified to Liabilities held-for-sale — — (4,287) — — (4,287) Balance, end of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 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) (5) (2) 122 15 — 130 Adjusted beginning of year balance 1,385 211 24,787 15,113 21,588 63,084 Issuances 173 18 1,266 5,339 4 6,800 Interest accrual 55 11 908 664 1,026 2,664 Benefit payments (128) (26) (1,921) (1,087) (1,503) (4,665) Foreign exchange impact — — 345 359 — 704 Other — — 10 — (24) (14) Ending balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 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) Balance, end of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Net liability for future policy benefits, end of year 1,353 217 9,152 18,482 19,681 48,885 Liability for future policy benefits for certain participating contracts — — 13 — 1,300 1,313 Liability for universal life policies (b) — — 3,731 — 55 3,786 Deferred profit liability 84 10 19 1,543 855 2,511 Other reconciling items (c) 33 — 485 — 95 613 Future policy benefits for life and accident and health insurance contracts 1,470 227 13,400 20,025 21,986 57,108 Less: Reinsurance recoverable: (4) — (719) (39) (21,986) (22,748) Net liability for future policy benefits after reinsurance recoverable $ 1,466 $ 227 $ 12,681 $ 19,986 $ — $ 34,360 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.8 6.8 12.8 12.1 11.5 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 2022 Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — 123 — — 123 Effect of actual variances from expected experience — — (79) — 7 (72) Adjusted beginning of year balance — — 13,707 — 1,131 14,838 Issuances — — 1,358 — — 1,358 Interest accrual — — 397 — 48 445 Net premium collected — — (1,418) — (123) (1,541) Foreign exchange impact — — (517) — — (517) Other — — (1) — 1 — Ending balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in discount rate assumptions (AOCI) — — (1,872) — (66) (1,938) Balance, end of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Present value of expected future policy benefits Balance, beginning of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Effect of changes in discount rate assumptions (AOCI) (95) (46) (2,717) (870) (5,673) (9,401) Beginning balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in cash flow assumptions (a) — — 140 (6) — 134 Effect of actual variances from expected experience (a) (30) (2) (94) 3 1 (122) Adjusted beginning of year balance 1,248 216 24,771 13,017 22,002 61,254 Issuances 216 12 1,374 2,782 9 4,393 Interest accrual 42 10 876 459 1,233 2,620 Benefit payments (116) (26) (1,757) (821) (1,483) (4,203) Foreign exchange impact — — (657) (339) — (996) Other — 1 (4) — (249) (252) Ending balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in discount rate assumptions (AOCI) (167) (2) (3,424) (2,634) (1,083) (7,310) Balance, end of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Net liability for future policy benefits, end of year 1,223 211 9,525 12,464 19,438 42,861 Liability for future policy benefits for certain participating contracts — — 14 — 1,338 1,352 Liability for universal life policies (b) — — 3,300 — 55 3,355 Deferred profit liability 99 12 15 1,281 896 2,303 Other reconciling items (c) 37 — 500 — 110 647 Future policy benefits for life and accident and health insurance contracts 1,359 223 13,354 13,745 21,837 50,518 Less: Reinsurance recoverable: (4) — (1,107) (36) (21,837) (22,984) Net liability for future policy benefits after reinsurance recoverable $ 1,355 $ 223 $ 12,247 $ 13,709 $ — $ 27,534 Weighted average liability duration of the liability for future policy benefits (d) 7.6 6.9 12.2 10.8 11.4 (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 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: Years Ended December 31, (in millions) 2024 2023 2022 Individual Retirement Undiscounted expected future benefits and expense $ 2,149 $ 2,131 $ 1,959 Undiscounted expected future gross premiums $ — $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 303 $ 313 $ 321 Undiscounted expected future gross premiums $ — $ — $ — Life Insurance (a)(b) Undiscounted expected future benefits and expense $ 31,027 $ 40,489 $ 38,909 Undiscounted expected future gross premiums $ 21,729 $ 30,458 $ 29,035 Institutional Markets Undiscounted expected future benefits and expense $ 43,212 $ 38,253 $ 25,066 Undiscounted expected future gross premiums $ — $ — $ — Corporate and other (c)(d) Undiscounted expected future benefits and expense $ 41,656 $ 43,071 $ 44,530 Undiscounted expected future gross premiums $ 1,973 $ 2,146 $ 2,262 (a) 2023 includes balances related to AIG Life U.K. that have been reclassified to Liabilities held-for-sale in the Consolidated Balance Sheets at September 30, 2023. (b) Life insurance discounted expected future gross premiums (at current discount rate) for 2024 and 2023 were $14.3 billion and $20.2 billion, respectively. (c) Corporate and other discounted expected future gross premiums (at current discount rate) for 2024 and 2023 were $1.3 billion and $1.4 billion, respectively. (d) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2024 2023 2022 2024 2023 2022 Individual Retirement $ 134 $ 202 $ 224 $ 63 $ 55 $ 42 Group Retirement 12 19 19 11 11 10 Life Insurance 1,999 2,393 2,342 461 471 479 Institutional Markets 2,930 5,638 2,940 897 664 459 Corporate and Other 205 215 224 960 980 1,185 Total $ 5,280 $ 8,467 $ 5,749 $ 2,392 $ 2,181 $ 2,175 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other December 31, 2024 Weighted-average interest rate, original discount rate 3.84 % 5.18 % 4.70 % 4.31 % 4.88 % Weighted-average interest rate, current discount rate 5.50 % 5.43 % 5.64 % 5.62 % 5.62 % December 31, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.10 % 4.14 % 4.86 % Weighted-average interest rate, current discount rate * 5.04 % 5.02 % 5.04 % 4.96 % 5.08 % December 31, 2022 Weighted-average interest rate, original discount rate 3.58 % 5.17 % 4.08 % 3.56 % 4.88 % Weighted-average interest rate, current discount rate 5.32 % 5.30 % 5.33 % 5.30 % 5.36 % * 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: Years Ended December 31, 2024 2023 2022 Life Corporate and Other Total 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 $ 4,952 $ 55 $ 5,007 Effect of changes in assumptions 38 — 38 (41) — (41) (24) — (24) Effect of changes in experience 365 (4) 361 319 (4) 315 303 (4) 299 Adjusted beginning balance $ 4,134 $ 51 $ 4,185 $ 3,578 $ 51 $ 3,629 $ 5,231 $ 51 $ 5,282 Assessments 586 1 587 671 2 673 687 2 689 Excess benefits paid (902) — (902) (943) — (943) (909) — (909) Interest accrual 161 2 163 132 2 134 126 2 128 Other (5) — (5) (9) — (9) (11) — (11) Changes related to unrealized appreciation (depreciation) of investments 60 — 60 302 — 302 (1,824) — (1,824) Balance, end of year $ 4,034 $ 54 $ 4,088 $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 Less: Reinsurance recoverable (156) (54) (210) (164) — (164) (191) — (191) Balance, end of year net of Reinsurance recoverable $ 3,878 $ — $ 3,878 $ 3,567 $ 55 $ 3,622 $ 3,109 $ 55 $ 3,164 Weighted average duration of liability * 23.9 8.9 25.4 9.2 26.3 9.5 * 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 Consolidated Statements of Income (Loss) for the liability for universal life policies: Gross Assessments Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2024 2023 2022 2024 2023 2022 Life Insurance $ 994 $ 1,109 $ 1,193 $ 161 $ 132 $ 126 Corporate and Other 39 37 39 2 2 2 Total $ 1,033 $ 1,146 $ 1,232 $ 163 $ 134 $ 128 The following table presents the calculation of weighted average interest rate for the liability for universal life policies: December 31, 2024 2023 2022 Life Corporate and Other Life Corporate and Other Life Corporate and Other Weighted-average interest rate 4.12 % 4.20 % 3.92 % 4.20 % 3.76 % 4.24 % 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: Years Ended December 31, (in millions, except for attained age of contract holders) 2024 2023 Account value $ 3,988 $ 3,721 Net amount at risk $ 75,886 $ 72,422 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) Year Ended December 31, 2024 Policyholder contract deposits account balance, beginning of year $ 94,896 $ 41,299 $ 10,231 $ 13,649 $ 3,333 $ 163,408 Deposits 22,769 4,840 1,636 5,449 41 34,735 Policy charges (729) (511) (1,508) (69) (63) (2,880) Surrenders and withdrawals (16,776) (9,271) (309) (110) (109) (26,575) Benefit payments (4,028) (2,274) (277) (1,809) (279) (8,667) Net transfers from (to) separate account 5,499 4,076 27 20 — 9,622 Interest credited 3,903 1,298 519 717 159 6,596 Other (5) (211) 19 179 (6) (24) Policyholder contract deposits account balance, end of year 105,529 39,246 10,338 18,026 3,076 176,215 Other reconciling items (b) (2,258) (307) 56 (11) — (2,520) Policyholder contract deposits $ 103,271 $ 38,939 $ 10,394 $ 18,015 $ 3,076 $ 173,695 Weighted average crediting rate 3.12 % 3.15 % 4.49 % 4.63 % 5.08 % Cash surrender value (c) $ 98,136 $ 38,283 $ 9,147 $ 2,594 $ 1,593 $ 149,753 Year Ended December 31, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 18,188 5,352 1,632 3,813 44 29,029 Policy charges (840) (477) (1,524) (67) (64) (2,972) Surrenders and withdrawals (14,025) (8,310) (256) (722) (93) (23,406) Benefit payments (3,770) (2,518) (281) (2,405) (300) (9,274) Net transfers from (to) separate account 3,617 2,705 3 792 — 7,117 Interest credited 2,188 1,141 413 507 168 4,417 Other (16) 11 20 (3) (9) 3 Policyholder contract deposits account balance, end of year 94,896 41,299 10,231 13,649 3,333 163,408 Other reconciling items (b) (1,429) (230) 208 93 — (1,358) Policyholder contract deposits $ 93,467 $ 41,069 $ 10,439 $ 13,742 $ 3,333 $ 162,050 Weighted average crediting rate 2.68 % 2.91 % 4.41 % 4.08 % 4.99 % Cash surrender value (c) $ 88,685 $ 40,210 $ 9,026 $ 2,583 $ 1,712 $ 142,216 Year Ended December 31, 2022 Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 15,186 4,946 1,674 1,494 48 23,348 Policy charges (870) (462) (1,570) (69) (65) (3,036) Surrenders and withdrawals (8,921) (5,712) (211) (134) (64) (15,042) Benefit payments (3,798) (2,528) (216) (775) (349) (7,666) Net transfers from (to) separate account 2,248 2,149 (5) 144 — 4,536 Interest credited 1,608 1,100 377 301 178 3,564 Other 4 — (8) (31) 16 (19) Policyholder contract deposits account balance, end of year 89,554 43,395 10,224 11,734 3,587 158,494 Other reconciling items (b) (2,136) (319) 34 (16) 1 (2,436) Policyholder contract deposits $ 87,418 $ 43,076 $ 10,258 $ 11,718 $ 3,588 $ 156,058 Weighted average crediting rate 2.43 % 2.77 % 4.29 % 2.71 % 4.91 % Cash surrender value (c) $ 83,278 $ 41,831 $ 8,866 $ 2,537 $ 1,808 $ 138,320 (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, and changes in the fair value of embedded derivatives of $859 million, $1.5 billion and $(1.1) billion that are recorded in policyholder contract deposits as of December 31, 2024, 2023 and 2022, respectively. (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). 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: December 31, 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% $ 5,785 $ 1,443 $ 34,130 $ 41,358 > 1% - 2% 3,103 21 1,070 4,194 > 2% - 3% 6,931 13 2,643 9,587 > 3% - 4% 5,774 34 4 5,812 > 4% - 5% 405 — 4 409 > 5% 37 5 3 45 Total $ 22,035 $ 1,516 $ 37,854 $ 61,405 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,027 $ 1,477 $ 8,772 $ 12,276 > 1% - 2% 3,215 671 827 4,713 > 2% - 3% 10,693 308 114 11,115 > 3% - 4% 552 — — 552 > 4% - 5% 6,288 — — 6,288 > 5% 131 — — 131 Total $ 22,906 $ 2,456 $ 9,713 $ 35,075 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 110 363 473 > 2% - 3% 9 386 1,528 1,923 > 3% - 4% 1,167 436 23 1,626 > 4% - 5% 2,722 — — 2,722 > 5% 208 — — 208 Total $ 4,106 $ 932 $ 1,914 $ 6,952 Total* $ 49,047 $ 4,904 $ 49,481 $ 103,432 Percentage of total 47% 5% 48% 100% December 31, 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% $ 6,498 $ 2,078 $ 26,873 $ 35,449 > 1% - 2% 3,749 22 1,771 5,542 > 2% - 3% 8,046 11 972 9,029 > 3% - 4% 6,610 37 5 6,652 > 4% - 5% 426 — 4 430 > 5% 32 — 3 35 Total $ 25,361 $ 2,148 $ 29,628 $ 57,137 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,185 $ 2,344 $ 6,830 $ 11,359 > 1% - 2% 3,731 1,242 671 5,644 > 2% - 3% 12,073 211 110 12,394 > 3% - 4% 615 — — 615 > 4% - 5% 6,635 — — 6,635 > 5% 144 — — 144 Total $ 25,383 $ 3,797 $ 7,611 $ 36,791 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 132 346 478 > 2% - 3% 9 855 1,082 1,946 > 3% - 4% 1,170 496 26 1,692 > 4% - 5% 2,851 — — 2,851 > 5% 216 — — 216 Total $ 4,246 $ 1,483 $ 1,454 $ 7,183 Total* $ 54,990 $ 7,428 $ 38,693 $ 101,111 Percentage of total 55% 7% 38% 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 years ended December 31, 2024 and 2023: Life Institutional Corporate and Other Total (in millions) Year Ended December 31, 2024 Balance, beginning of year $ 1,770 $ 1 $ 94 $ 1,865 Revenue deferred 161 — — 161 Amortization (110) — (10) (120) Balance, end of period $ 1,821 $ 1 $ 84 $ 1,906 Other reconciling items* 967 Other policyholder funds $ 2,873 Year Ended December 31, 2023 Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 153 — — 153 Amortization (110) (1) (11) (122) Balance, end of year $ 1,770 $ 1 $ 94 $ 1,865 Other reconciling items* 997 Other policyholder funds $ 2,862 Year Ended December 31, 2022 Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 143 — — 143 Amortization (109) — (11) (120) Balance, end of year $ 1,727 $ 2 $ 105 $ 1,834 Other reconciling items* 1,051 Other policyholder funds $ 2,885 * 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)	12 Months Ended
	Dec. 31, 2024
Insurance [Abstract]
Schedule of 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 Consolidated Balance Sheets: Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 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 — — 16 — (3) 13 Adjusted beginning of year balance — — 14,107 — 1,003 15,110 Issuances — — 910 — — 910 Interest accrual — — 375 — 42 417 Net premium collected — — (1,153) — (113) (1,266) Foreign exchange impact — — (46) — — (46) Other — — (1) — — (1) Dispositions — — (5,108) — — (5,108) Ending balance at original discount rate — — 9,084 — 932 10,016 Effect of changes in discount rate assumptions (AOCI) — — (797) — (61) (858) Balance, end of year $ — $ — $ 8,287 $ — $ 871 $ 9,158 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) (34) (3) 35 (3) — (5) Adjusted beginning of year balance 1,451 211 25,406 20,344 21,052 68,464 Issuances 123 13 895 2,842 6 3,879 Interest accrual 63 11 836 897 1,002 2,809 Benefit payments (139) (25) (1,615) (1,229) (1,478) (4,486) Foreign exchange impact — — (61) (161) — (222) Other — (5) 2 — (6) (9) Dispositions — — (6,796) — — (6,796) Ending balance at original discount rate 1,498 205 18,667 22,693 20,576 63,639 Effect of changes in discount rate assumptions (AOCI) (165) (3) (1,720) (3,206) (1,536) (6,630) Balance, end of year $ 1,333 $ 202 $ 16,947 $ 19,487 $ 19,040 $ 57,009 Net liability for future policy benefits, end of year 1,333 202 8,660 19,487 18,169 47,851 Liability for future policy benefits for certain participating contracts — — 12 — 1,263 1,275 Liability for universal life policies (b) — — 4,034 — 54 4,088 Deferred profit liability 57 11 23 1,587 816 2,494 Other reconciling items (c) 29 — 441 — 94 564 Future policy benefits for life and accident and health insurance contracts 1,419 213 13,170 21,074 20,396 56,272 Less: Reinsurance recoverable: (4) — (664) (41) (20,396) (21,105) Net liability for future policy benefits after reinsurance recoverable $ 1,415 $ 213 $ 12,506 $ 21,033 $ — $ 35,167 Weighted average liability duration of the liability for future policy benefits (d) 7.3 6.4 10.7 11.2 10.6 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 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 — — 62 — 20 82 Adjusted beginning of year balance — — 13,622 — 1,098 14,720 Issuances — — 1,277 — — 1,277 Interest accrual — — 437 — 46 483 Net premium collected — — (1,464) — (118) (1,582) Foreign exchange impact — — 265 — — 265 Other — — 11 — (9) 2 Ending balance at original discount rate — — 14,148 — 1,017 15,165 Effect of changes in discount rate assumptions (AOCI) — — (1,482) — (44) (1,526) Reclassified to Liabilities held-for-sale — — (4,287) — — (4,287) Balance, end of year $ — $ — $ 8,379 $ — $ 973 $ 9,352 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) (5) (2) 122 15 — 130 Adjusted beginning of year balance 1,385 211 24,787 15,113 21,588 63,084 Issuances 173 18 1,266 5,339 4 6,800 Interest accrual 55 11 908 664 1,026 2,664 Benefit payments (128) (26) (1,921) (1,087) (1,503) (4,665) Foreign exchange impact — — 345 359 — 704 Other — — 10 — (24) (14) Ending balance at original discount rate 1,485 214 25,395 20,388 21,091 68,573 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) Balance, end of year $ 1,353 $ 217 $ 17,531 $ 18,482 $ 20,654 $ 58,237 Net liability for future policy benefits, end of year 1,353 217 9,152 18,482 19,681 48,885 Liability for future policy benefits for certain participating contracts — — 13 — 1,300 1,313 Liability for universal life policies (b) — — 3,731 — 55 3,786 Deferred profit liability 84 10 19 1,543 855 2,511 Other reconciling items (c) 33 — 485 — 95 613 Future policy benefits for life and accident and health insurance contracts 1,470 227 13,400 20,025 21,986 57,108 Less: Reinsurance recoverable: (4) — (719) (39) (21,986) (22,748) Net liability for future policy benefits after reinsurance recoverable $ 1,466 $ 227 $ 12,681 $ 19,986 $ — $ 34,360 Weighted average liability duration of the liability for future policy benefits (d)(e) 7.8 6.8 12.8 12.1 11.5 Individual Group Life Institutional Corporate and Other Total (in millions, except for liability durations) Year Ended December 31, 2022 Present value of expected net premiums Balance, beginning of year $ — $ — $ 14,369 $ — $ 1,274 $ 15,643 Effect of changes in discount rate assumptions (AOCI) — — (706) — (150) (856) Beginning balance at original discount rate — — 13,663 — 1,124 14,787 Effect of changes in cash flow assumptions — — 123 — — 123 Effect of actual variances from expected experience — — (79) — 7 (72) Adjusted beginning of year balance — — 13,707 — 1,131 14,838 Issuances — — 1,358 — — 1,358 Interest accrual — — 397 — 48 445 Net premium collected — — (1,418) — (123) (1,541) Foreign exchange impact — — (517) — — (517) Other — — (1) — 1 — Ending balance at original discount rate — — 13,526 — 1,057 14,583 Effect of changes in discount rate assumptions (AOCI) — — (1,872) — (66) (1,938) Balance, end of year $ — $ — $ 11,654 $ — $ 991 $ 12,645 Present value of expected future policy benefits Balance, beginning of year $ 1,373 $ 264 $ 27,442 $ 13,890 $ 27,674 $ 70,643 Effect of changes in discount rate assumptions (AOCI) (95) (46) (2,717) (870) (5,673) (9,401) Beginning balance at original discount rate 1,278 218 24,725 13,020 22,001 61,242 Effect of changes in cash flow assumptions (a) — — 140 (6) — 134 Effect of actual variances from expected experience (a) (30) (2) (94) 3 1 (122) Adjusted beginning of year balance 1,248 216 24,771 13,017 22,002 61,254 Issuances 216 12 1,374 2,782 9 4,393 Interest accrual 42 10 876 459 1,233 2,620 Benefit payments (116) (26) (1,757) (821) (1,483) (4,203) Foreign exchange impact — — (657) (339) — (996) Other — 1 (4) — (249) (252) Ending balance at original discount rate 1,390 213 24,603 15,098 21,512 62,816 Effect of changes in discount rate assumptions (AOCI) (167) (2) (3,424) (2,634) (1,083) (7,310) Balance, end of year $ 1,223 $ 211 $ 21,179 $ 12,464 $ 20,429 $ 55,506 Net liability for future policy benefits, end of year 1,223 211 9,525 12,464 19,438 42,861 Liability for future policy benefits for certain participating contracts — — 14 — 1,338 1,352 Liability for universal life policies (b) — — 3,300 — 55 3,355 Deferred profit liability 99 12 15 1,281 896 2,303 Other reconciling items (c) 37 — 500 — 110 647 Future policy benefits for life and accident and health insurance contracts 1,359 223 13,354 13,745 21,837 50,518 Less: Reinsurance recoverable: (4) — (1,107) (36) (21,837) (22,984) Net liability for future policy benefits after reinsurance recoverable $ 1,355 $ 223 $ 12,247 $ 13,709 $ — $ 27,534 Weighted average liability duration of the liability for future policy benefits (d) 7.6 6.9 12.2 10.8 11.4 (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 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: Years Ended December 31, (in millions) 2024 2023 2022 Individual Retirement Undiscounted expected future benefits and expense $ 2,149 $ 2,131 $ 1,959 Undiscounted expected future gross premiums $ — $ — $ — Group Retirement Undiscounted expected future benefits and expense $ 303 $ 313 $ 321 Undiscounted expected future gross premiums $ — $ — $ — Life Insurance (a)(b) Undiscounted expected future benefits and expense $ 31,027 $ 40,489 $ 38,909 Undiscounted expected future gross premiums $ 21,729 $ 30,458 $ 29,035 Institutional Markets Undiscounted expected future benefits and expense $ 43,212 $ 38,253 $ 25,066 Undiscounted expected future gross premiums $ — $ — $ — Corporate and other (c)(d) Undiscounted expected future benefits and expense $ 41,656 $ 43,071 $ 44,530 Undiscounted expected future gross premiums $ 1,973 $ 2,146 $ 2,262 (a) 2023 includes balances related to AIG Life U.K. that have been reclassified to Liabilities held-for-sale in the Consolidated Balance Sheets at September 30, 2023. (b) Life insurance discounted expected future gross premiums (at current discount rate) for 2024 and 2023 were $14.3 billion and $20.2 billion, respectively. (c) Corporate and other discounted expected future gross premiums (at current discount rate) for 2024 and 2023 were $1.3 billion and $1.4 billion, respectively. (d) Represents activity ceded to Fortitude Re. The following table presents the amount of revenue and interest recognized in the Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Gross Premiums Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2024 2023 2022 2024 2023 2022 Individual Retirement $ 134 $ 202 $ 224 $ 63 $ 55 $ 42 Group Retirement 12 19 19 11 11 10 Life Insurance 1,999 2,393 2,342 461 471 479 Institutional Markets 2,930 5,638 2,940 897 664 459 Corporate and Other 205 215 224 960 980 1,185 Total $ 5,280 $ 8,467 $ 5,749 $ 2,392 $ 2,181 $ 2,175 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Individual Group Life Institutional Corporate and Other December 31, 2024 Weighted-average interest rate, original discount rate 3.84 % 5.18 % 4.70 % 4.31 % 4.88 % Weighted-average interest rate, current discount rate 5.50 % 5.43 % 5.64 % 5.62 % 5.62 % December 31, 2023 Weighted-average interest rate, original discount rate * 3.75 % 5.15 % 4.10 % 4.14 % 4.86 % Weighted-average interest rate, current discount rate * 5.04 % 5.02 % 5.04 % 4.96 % 5.08 % December 31, 2022 Weighted-average interest rate, original discount rate 3.58 % 5.17 % 4.08 % 3.56 % 4.88 % Weighted-average interest rate, current discount rate 5.32 % 5.30 % 5.33 % 5.30 % 5.36 % * 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: Years Ended December 31, 2024 2023 2022 Life Corporate and Other Total 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 $ 4,952 $ 55 $ 5,007 Effect of changes in assumptions 38 — 38 (41) — (41) (24) — (24) Effect of changes in experience 365 (4) 361 319 (4) 315 303 (4) 299 Adjusted beginning balance $ 4,134 $ 51 $ 4,185 $ 3,578 $ 51 $ 3,629 $ 5,231 $ 51 $ 5,282 Assessments 586 1 587 671 2 673 687 2 689 Excess benefits paid (902) — (902) (943) — (943) (909) — (909) Interest accrual 161 2 163 132 2 134 126 2 128 Other (5) — (5) (9) — (9) (11) — (11) Changes related to unrealized appreciation (depreciation) of investments 60 — 60 302 — 302 (1,824) — (1,824) Balance, end of year $ 4,034 $ 54 $ 4,088 $ 3,731 $ 55 $ 3,786 $ 3,300 $ 55 $ 3,355 Less: Reinsurance recoverable (156) (54) (210) (164) — (164) (191) — (191) Balance, end of year net of Reinsurance recoverable $ 3,878 $ — $ 3,878 $ 3,567 $ 55 $ 3,622 $ 3,109 $ 55 $ 3,164 Weighted average duration of liability * 23.9 8.9 25.4 9.2 26.3 9.5 * 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 Consolidated Statements of Income (Loss) for the liability for universal life policies: Gross Assessments Interest Accretion Years Ended December 31, Years Ended December 31, (in millions) 2024 2023 2022 2024 2023 2022 Life Insurance $ 994 $ 1,109 $ 1,193 $ 161 $ 132 $ 126 Corporate and Other 39 37 39 2 2 2 Total $ 1,033 $ 1,146 $ 1,232 $ 163 $ 134 $ 128 The following table presents the calculation of weighted average interest rate for the liability for universal life policies: December 31, 2024 2023 2022 Life Corporate and Other Life Corporate and Other Life Corporate and Other Weighted-average interest rate 4.12 % 4.20 % 3.92 % 4.20 % 3.76 % 4.24 % 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: Years Ended December 31, (in millions, except for attained age of contract holders) 2024 2023 Account value $ 3,988 $ 3,721 Net amount at risk $ 75,886 $ 72,422 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) Year Ended December 31, 2024 Policyholder contract deposits account balance, beginning of year $ 94,896 $ 41,299 $ 10,231 $ 13,649 $ 3,333 $ 163,408 Deposits 22,769 4,840 1,636 5,449 41 34,735 Policy charges (729) (511) (1,508) (69) (63) (2,880) Surrenders and withdrawals (16,776) (9,271) (309) (110) (109) (26,575) Benefit payments (4,028) (2,274) (277) (1,809) (279) (8,667) Net transfers from (to) separate account 5,499 4,076 27 20 — 9,622 Interest credited 3,903 1,298 519 717 159 6,596 Other (5) (211) 19 179 (6) (24) Policyholder contract deposits account balance, end of year 105,529 39,246 10,338 18,026 3,076 176,215 Other reconciling items (b) (2,258) (307) 56 (11) — (2,520) Policyholder contract deposits $ 103,271 $ 38,939 $ 10,394 $ 18,015 $ 3,076 $ 173,695 Weighted average crediting rate 3.12 % 3.15 % 4.49 % 4.63 % 5.08 % Cash surrender value (c) $ 98,136 $ 38,283 $ 9,147 $ 2,594 $ 1,593 $ 149,753 Year Ended December 31, 2023 Policyholder contract deposits account balance, beginning of year $ 89,554 $ 43,395 $ 10,224 $ 11,734 $ 3,587 $ 158,494 Deposits 18,188 5,352 1,632 3,813 44 29,029 Policy charges (840) (477) (1,524) (67) (64) (2,972) Surrenders and withdrawals (14,025) (8,310) (256) (722) (93) (23,406) Benefit payments (3,770) (2,518) (281) (2,405) (300) (9,274) Net transfers from (to) separate account 3,617 2,705 3 792 — 7,117 Interest credited 2,188 1,141 413 507 168 4,417 Other (16) 11 20 (3) (9) 3 Policyholder contract deposits account balance, end of year 94,896 41,299 10,231 13,649 3,333 163,408 Other reconciling items (b) (1,429) (230) 208 93 — (1,358) Policyholder contract deposits $ 93,467 $ 41,069 $ 10,439 $ 13,742 $ 3,333 $ 162,050 Weighted average crediting rate 2.68 % 2.91 % 4.41 % 4.08 % 4.99 % Cash surrender value (c) $ 88,685 $ 40,210 $ 9,026 $ 2,583 $ 1,712 $ 142,216 Year Ended December 31, 2022 Policyholder contract deposits account balance, beginning of year $ 84,097 $ 43,902 $ 10,183 $ 10,804 $ 3,823 $ 152,809 Deposits 15,186 4,946 1,674 1,494 48 23,348 Policy charges (870) (462) (1,570) (69) (65) (3,036) Surrenders and withdrawals (8,921) (5,712) (211) (134) (64) (15,042) Benefit payments (3,798) (2,528) (216) (775) (349) (7,666) Net transfers from (to) separate account 2,248 2,149 (5) 144 — 4,536 Interest credited 1,608 1,100 377 301 178 3,564 Other 4 — (8) (31) 16 (19) Policyholder contract deposits account balance, end of year 89,554 43,395 10,224 11,734 3,587 158,494 Other reconciling items (b) (2,136) (319) 34 (16) 1 (2,436) Policyholder contract deposits $ 87,418 $ 43,076 $ 10,258 $ 11,718 $ 3,588 $ 156,058 Weighted average crediting rate 2.43 % 2.77 % 4.29 % 2.71 % 4.91 % Cash surrender value (c) $ 83,278 $ 41,831 $ 8,866 $ 2,537 $ 1,808 $ 138,320 (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, and changes in the fair value of embedded derivatives of $859 million, $1.5 billion and $(1.1) billion that are recorded in policyholder contract deposits as of December 31, 2024, 2023 and 2022, respectively. (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). 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: December 31, 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% $ 5,785 $ 1,443 $ 34,130 $ 41,358 > 1% - 2% 3,103 21 1,070 4,194 > 2% - 3% 6,931 13 2,643 9,587 > 3% - 4% 5,774 34 4 5,812 > 4% - 5% 405 — 4 409 > 5% 37 5 3 45 Total $ 22,035 $ 1,516 $ 37,854 $ 61,405 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,027 $ 1,477 $ 8,772 $ 12,276 > 1% - 2% 3,215 671 827 4,713 > 2% - 3% 10,693 308 114 11,115 > 3% - 4% 552 — — 552 > 4% - 5% 6,288 — — 6,288 > 5% 131 — — 131 Total $ 22,906 $ 2,456 $ 9,713 $ 35,075 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 110 363 473 > 2% - 3% 9 386 1,528 1,923 > 3% - 4% 1,167 436 23 1,626 > 4% - 5% 2,722 — — 2,722 > 5% 208 — — 208 Total $ 4,106 $ 932 $ 1,914 $ 6,952 Total* $ 49,047 $ 4,904 $ 49,481 $ 103,432 Percentage of total 47% 5% 48% 100% December 31, 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% $ 6,498 $ 2,078 $ 26,873 $ 35,449 > 1% - 2% 3,749 22 1,771 5,542 > 2% - 3% 8,046 11 972 9,029 > 3% - 4% 6,610 37 5 6,652 > 4% - 5% 426 — 4 430 > 5% 32 — 3 35 Total $ 25,361 $ 2,148 $ 29,628 $ 57,137 Group Retirement Range of Guaranteed Minimum Credited Rate <=1% $ 2,185 $ 2,344 $ 6,830 $ 11,359 > 1% - 2% 3,731 1,242 671 5,644 > 2% - 3% 12,073 211 110 12,394 > 3% - 4% 615 — — 615 > 4% - 5% 6,635 — — 6,635 > 5% 144 — — 144 Total $ 25,383 $ 3,797 $ 7,611 $ 36,791 Life Insurance Range of Guaranteed Minimum Credited Rate <=1% $ — $ — $ — $ — > 1% - 2% — 132 346 478 > 2% - 3% 9 855 1,082 1,946 > 3% - 4% 1,170 496 26 1,692 > 4% - 5% 2,851 — — 2,851 > 5% 216 — — 216 Total $ 4,246 $ 1,483 $ 1,454 $ 7,183 Total* $ 54,990 $ 7,428 $ 38,693 $ 101,111 Percentage of total 55% 7% 38% 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 years ended December 31, 2024 and 2023: Life Institutional Corporate and Other Total (in millions) Year Ended December 31, 2024 Balance, beginning of year $ 1,770 $ 1 $ 94 $ 1,865 Revenue deferred 161 — — 161 Amortization (110) — (10) (120) Balance, end of period $ 1,821 $ 1 $ 84 $ 1,906 Other reconciling items* 967 Other policyholder funds $ 2,873 Year Ended December 31, 2023 Balance, beginning of year $ 1,727 $ 2 $ 105 $ 1,834 Revenue deferred 153 — — 153 Amortization (110) (1) (11) (122) Balance, end of year $ 1,770 $ 1 $ 94 $ 1,865 Other reconciling items* 997 Other policyholder funds $ 2,862 Year Ended December 31, 2022 Balance, beginning of year $ 1,693 $ 2 $ 116 $ 1,811 Revenue deferred 143 — — 143 Amortization (109) — (11) (120) Balance, end of year $ 1,727 $ 2 $ 105 $ 1,834 Other reconciling items* 1,051 Other policyholder funds $ 2,885 * Other reconciling items include policyholders' dividend accumulations, provisions for future dividends to participating policyholders, dividends to policyholders and any similar items.
Schedule of Insurance Activity, Funding Arrangements	The following table presents details concerning our funding agreements as of December 31, 2024: December 31, 2024 Payments due by period (in millions) Gross Amounts 2025 2026-2027 2028-2029 Thereafter Stated Interest rates FHLB Facility FHLB of Dallas $ 3,305 $ — $ 378 $ 2,927 $ — DNA Auction* + 22 bps FHLB of Dallas 2,027 — 1,506 521 — 3.53% to 4.77% FHLB of New York 146 146 — — — 1.52% to 2.32% $ 5,478 $ 146 $ 1,884 $ 3,448 $ —

Market Risk Benefits (Tables)

Market Risk Benefits (Tables)	12 Months Ended
	Dec. 31, 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) Year Ended December 31, 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 925 53 978 Interest accrual 160 13 173 Attributed fees 677 60 737 Expected claims (65) (2) (67) Effect of changes in interest rates (956) (76) (1,032) Effect of changes in interest rate volatility (2) 3 1 Effect of changes in equity markets (1,034) (94) (1,128) Effect of changes in equity index volatility (2) — (2) Actual outcome different from model expected outcome (2) 9 7 Effect of changes in future expected policyholder behavior 148 26 174 Effect of changes in other future expected assumptions (84) — (84) Other, including foreign exchange — (3) (3) Balance, end of year before effect of changes in our own credit risk 3,255 209 3,464 Effect of changes in our own credit risk 811 69 880 Balance, end of year 4,066 278 4,344 Less: Reinsured MRB, end of year (60) — (60) Net Liability Balance after reinsurance recoverable $ 4,006 $ 278 $ 4,284 Net amount at risk GMDB only $ 584 $ 118 $ 702 GMWB only $ 210 $ 16 $ 226 Combined * $ 433 $ 12 $ 445 Weighted average attained age of contract holders 71 64 Individual Group Total (in millions, except for attained age of contract holders) Year Ended December 31, 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 681 37 718 Interest accrual 156 15 171 Attributed fees 803 63 866 Expected claims (91) (3) (94) Effect of changes in interest rates (139) (13) (152) Effect of changes in interest rate volatility (69) (3) (72) Effect of changes in equity markets (1,236) (109) (1,345) Effect of changes in equity index volatility (14) (5) (19) Actual outcome different from model expected outcome 188 7 195 Effect of changes in future expected policyholder behavior (1) 1 — Effect of changes in other future expected assumptions (85) (39) (124) Other, including foreign exchange — (3) (3) Balance, end of year before effect of changes in our own credit risk 3,490 220 3,710 Effect of changes in our own credit risk 1,072 88 1,160 Balance, end of year 4,562 308 4,870 Less: Reinsured MRB, end of year (77) — (77) Net liability balance after reinsurance recoverable $ 4,485 $ 308 $ 4,793 Net amount at risk GMDB only $ 758 $ 160 $ 918 GMWB only $ 152 $ 13 $ 165 Combined* $ 1,011 $ 18 $ 1,029 Weighted average attained age of contract holders 70 64 Year Ended December 31, 2022 Balance, beginning of year $ 6,452 $ 582 $ 7,034 Effect of changes in our own credit risk (1,934) (167) (2,101) Balance, beginning of year, before effect of changes in our own credit risk $ 4,518 $ 415 $ 4,933 Issuances 263 25 288 Interest accrual 172 21 193 Attributed fees 864 70 934 Expected claims (83) (2) (85) Effect of changes in interest rates (4,087) (371) (4,458) Effect of changes in interest rate volatility 263 18 281 Effect of changes in equity markets 1,382 122 1,504 Effect of changes in equity index volatility (75) 1 (74) Actual outcome different from model expected outcome 164 (3) 161 Effect of changes in future expected policyholder behavior (2) (18) (20) Effect of changes in other future expected assumptions (85) — (85) Other, including foreign exchange 3 (6) (3) Balance, end of year before effect of changes in our own credit risk 3,297 272 3,569 Effect of changes in our own credit risk 441 24 465 Balance, end of year 3,738 296 4,034 Less: Reinsured MRB, end of period (94) — (94) Net liability balance after reinsurance recoverable $ 3,644 $ 296 $ 3,940 Net amount at risk GMDB only $ 1,615 $ 371 $ 1,986 GMWB only $ 27 $ 1 $ 28 Combined* $ 2,084 $ 39 $ 2,123 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 Consolidated Balance Sheets: December 31, 2024 December 31, 2023 (in millions) Asset* Liability* Net Asset* Liability* Net Individual Retirement $ 1,124 $ 5,130 $ 4,006 $ 740 $ 5,225 $ 4,485 Group Retirement 208 486 278 172 480 308 Total $ 1,332 $ 5,616 $ 4,284 $ 912 $ 5,705 $ 4,793 * 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.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Summary of Debt	The following table lists our total debt outstanding at December 31, 2024 and December 31, 2023. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2024, including fixed and variable rates: (in millions) Range of Maturity December 31, 2024 December 31, 2023 Short-term debt issued or borrowed by Corebridge: Three 6.46 % 2024 $ — $ 250 Current portion of long-term debt: Senior unsecured notes 3.50 % 2025 $ 1,000 $ — CRBGLH notes 7.50 % 2025 $ 101 $ — Total short-term debt $ 1,101 $ 250 Long-term debt issued by Corebridge: Senior unsecured notes * 3.65% - 6.05% 2027 - 2052 $ 6,750 $ 7,750 Hybrid junior subordinated notes 6.375% - 6.875% 2052 - 2064 2,350 1,000 Long-term debt issued by Corebridge subsidiaries: CRBGLH notes 6.63% 2029 99 200 CRBGLH junior subordinated debentures 7.57% - 8.50% 2030 - 2046 227 227 Total long-term debt 9,426 9,177 Debt issuance costs (73) (59) Total short-term and long-term debt, net of debt issuance costs $ 10,454 $ 9,368 Debt of consolidated investment entities - not guaranteed by Corebridge 0.01% - 8.95% 2025 - 2051 1,938 2,504 Total debt, net of issuance costs $ 12,392 $ 11,872 * Interest rates reflect contractual amounts and do not reflect the effective borrowing rate after giving effect to the cash flow hedges.
Schedule of Maturities of Short-term and Long-Term Debt	The following table presents maturities of short-term and long-term debt (including unamortized original issue discount when applicable): December 31, 2024 Year Ending (in millions) Total 2025 2026 2027 2028 2029 Thereafter Short-term and Long-term debt issued by Corebridge: Senior unsecured notes $ 7,750 $ 1,000 (a) $ — $ 1,250 $ — $ 1,000 $ 4,500 Hybrid junior subordinated notes 2,350 — — — — — 2,350 CRBGLH notes 200 101 (b) — — — 99 — CRBGLH junior subordinated debentures 227 — — — — — 227 Total short-term and long-term debt issued by Corebridge $ 10,527 $ 1,101 $ — $ 1,250 $ — $ 1,099 $ 7,077 (a) Represents a 3.50% senior notes due April 4, 2025. (b) Represents a 7.50% junior subordinated notes due July 15, 2025.

Contingencies, Commitments an_2

Contingencies, Commitments and Guarantees (Tables)	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Undiscounted Cash Flows under Operating Leases	The following table presents the future undiscounted cash flows under operating leases at December 31, 2024: (in millions) 2025 $ 16 2026 15 2027 10 2028 9 2029 7 Remaining years after 2029 46 Total undiscounted lease payments 103 Less: Present value adjustment 23 Net lease liabilities $ 80

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Rollforward of Outstanding Shares	The following table presents a rollforward of outstanding shares : Year Ended December 31, 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 1,245,028 3,286,140 Shares repurchased — (63,465,433) (63,465,433) Shares, end of period 650,189,849 (88,704,816) 561,485,033
Dividends Declared	Dividends Declaration Date Record Date Payment Date Dividend Paid Per Common Share November 1, 2024 December 17, 2024 December 31, 2024 $ 0.23 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): 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 Balance, December 31, 2021, net of tax $ (31) $ 12,315 $ (1,659) $ (2,390) $ — $ (9) $ 7 $ 8,233 Change in unrealized depreciation of investments (78) (40,323) — — — — — (40,401) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 1,635 — — — — 1,635 Change in discount rates assumptions of certain liabilities — — — 6,746 — — — 6,746 Change in future policy benefits and other — 1,822 — — — — — 1,822 Change in cash flow hedges — — — — 203 — — 203 Change in foreign currency translation adjustments — — — — — (109) — (109) Change in net actuarial loss — — — — — — 2 2 Change in deferred tax asset (liability) 17 6,806 (341) (1,448) (46) 8 — 4,996 Total other comprehensive income (loss) (61) (31,695) 1,294 5,298 157 (101) 2 (25,106) Less: Noncontrolling interests — — — — — (10) — (10) Balance, December 31, 2022, net of tax $ (92) $ (19,380) $ (365) $ 2,908 $ 157 $ (100) $ 9 $ (16,863) Change in unrealized depreciation of investments 28 5,962 — — — — — 5,990 Change in fair value of market risk benefits attributable to changes in our own credit risk — — (695) — — — — (695) Change in discount rates assumptions of certain liabilities — — — (1,029) — — — (1,029) Change in future policy benefits and other (11) (347) — — — — — (358) Change in cash flow hedges — — — — (16) — — (16) Change in foreign currency translation adjustments — — — — — 39 — 39 Change in net actuarial loss — — — — — — (7) (7) Change in deferred tax asset (liability) (4) (885) 151 216 5 9 — (508) Total other comprehensive income (loss) 13 4,730 (544) (813) (11) 48 (7) 3,416 Less: Noncontrolling interests — — — — — 11 — 11 Balance, December 31, 2023, net of tax $ (79) $ (14,650) $ (909) $ 2,095 $ 146 $ (63) $ 2 $ (13,458) Change in unrealized depreciation of investments * 46 (1,677) — — — — — (1,631) Change in fair value of market risk benefits attributable to changes in our own credit risk — — 280 — — — — 280 Change in discount rates assumptions of certain liabilities — — — 1,570 — — — 1,570 Change in future policy benefits and other — (60) — — — — — (60) Change in cash flow hedges — — — — (246) — — (246) Change in foreign currency translation adjustments — — — — — 65 — 65 Change in deferred tax asset (liability) (10) 197 (61) (323) 53 (11) — (155) Total other comprehensive income (loss) 36 (1,540) 219 1,247 (193) 54 — (177) Other — (39) — — 1 — — (38) Less: Noncontrolling interests — — — — — 8 — 8 Balance, December 31, 2024, net of tax $ (43) $ (16,229) $ (690) $ 3,342 $ (46) $ (17) $ 2 $ (13,681)
Reclassification out of Accumulated Other Comprehensive Income	The following table presents the OCI reclassification adjustments for the years ended December 31, 2024, 2023 and 2022, 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 Year Ended December 31, 2024 Unrealized change arising during period $ 26 $ (2,972) $ 280 $ 1,816 $ (246) $ (2) $ — $ (1,098) Less: Reclassification adjustments included in net income (20) (1,235) — 246 — (67) — (1,076) Total other comprehensive income (loss), before income tax expense (benefit) 46 (1,737) 280 1,570 (246) 65 — (22) Less: Income tax expense (benefit) 10 (197) 61 323 (53) 11 — 155 Total other comprehensive income (loss), net of income tax expense (benefit) $ 36 $ (1,540) $ 219 $ 1,247 $ (193) $ 54 $ — $ (177) Year Ended December 31, 2023 Unrealized change arising during period $ — $ 5,281 $ (695) $ (1,029) $ (16) $ 39 $ — $ 3,580 Less: Reclassification adjustments included in net income (17) (334) — — — — 7 (344) Total other comprehensive income (loss), before income tax expense (benefit) 17 5,615 (695) (1,029) (16) 39 (7) 3,924 Less: Income tax expense (benefit) 4 885 (151) (216) (5) (9) — 508 Total other comprehensive income (loss), net of income tax expense (benefit) $ 13 $ 4,730 $ (544) $ (813) $ (11) $ 48 $ (7) $ 3,416 Year Ended December 31, 2022 Unrealized change arising during period $ (89) $ (39,049) $ 1,635 $ 6,746 $ 203 $ (109) $ 2 $ (30,661) Less: Reclassification adjustments included in net income (11) (548) — — — — — (559) Total other comprehensive income (loss),before income tax expense (benefit) (78) (38,501) 1,635 6,746 203 (109) 2 (30,102) Less: Income tax expense (benefit) (17) (6,806) 341 1,448 46 (8) — (4,996) Total other comprehensive income (loss), net of income tax expense (benefit) $ (61) $ (31,695) $ 1,294 $ 5,298 $ 157 $ (101) $ 2 $ (25,106) 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 Consolidated Statements of Income (Loss)*: Amount Reclassified from AOCI Affected Line Item in the Consolidated Statements of Income (Loss) Years Ended December 31, (in millions) 2024 2023 2022 Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ (20) $ (17) $ (11) Net realized gains (losses) Total $ (20) $ (17) $ (11) Unrealized appreciation (depreciation) of all other investments Investments $ (1,174) $ (334) $ (548) Net realized gains (losses) Sale of business (61) — — Net (gain) loss on divestitures Total $ (1,235) $ (334) $ (548) 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) $ — $ — Change in retirement plan liabilities adjustment Actuarial losses $ — $ 7 $ — Net (gain) loss on divestitures and General operating expenses Total $ — $ 7 $ — Total reclassifications for the period $ (1,076) $ (344) $ (559) * The following items are not reclassified out of AOCI and included in the 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: Years Ended December 31, (in millions) 2024 2023 2022 Beginning balance $ 869 $ 939 $ 1,759 Net income (loss) attributable to redeemable noncontrolling interest (27) (68) 320 Other comprehensive income (loss), net of tax 8 11 (10) Changes in noncontrolling interests due to divestitures and acquisitions 145 (19) (104) Contributions from noncontrolling interests 70 96 155 Distributions to noncontrolling interests (199) (91) (1,181) Other (2) 1 — Ending balance $ 864 $ 869 $ 939

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 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 years ended December 31, 2024, 2023 and 2022: Years Ended December 31, (in millions, except per common share data) 2024 2023 2022 Numerator for EPS: Net income (loss) $ 2,203 $ 1,036 $ 8,479 Less: Net income (loss) attributable to noncontrolling interests (27) (68) 320 Net income (loss) attributable to Corebridge common shareholders $ 2,230 $ 1,104 $ 8,159 Denominator for EPS: Weighted average common shares outstanding - basic 598.0 643.3 646.1 Dilutive common shares 1.2 1.9 1.3 Weighted average common shares outstanding - diluted 599.2 645.2 647.4 Income per common share attributable to Corebridge common shareholders Common stock - basic $ 3.73 $ 1.72 $ 12.63 Common stock - diluted $ 3.72 $ 1.71 $ 12.60 *

Statutory Financial Data and _2

Statutory Financial Data and Restrictions (Tables)	12 Months Ended
	Dec. 31, 2024
Insurance [Abstract]
Statutory Accounting Practices Disclosure	The following table presents statutory net income (loss) and capital and surplus for our insurance operations companies in accordance with statutory accounting practices: (in millions) 2024 2023 2022 Years Ended December 31, Statutory net income (loss)*: Insurance Operations companies: Domestic $ 1,643 $ 3,354 $ 3,091 Foreign — (51) 4 Total Insurance Operations companies $ 1,643 $ 3,303 $ 3,095 December 31, Statutory capital and surplus*: Insurance Operations companies: Domestic $ 13,477 $ 14,752 Foreign — 467 Total Insurance Operations companies $ 13,477 $ 15,219 Aggregate minimum required statutory capital and surplus: Insurance Operations companies: Domestic $ 4,159 $ 4,025 Foreign — 223 Total Insurance Operations companies $ 4,159 $ 4,248 * These amounts reflect our best estimate of the statutory net income, capital and surplus as of the dates these financial statements were issued.

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-Based Compensation Expense Recognized in Consolidated Statements of Income	The following table presents our total direct share-based compensation expense which is settled as part of our quarterly intercompany process. This table reflects both AIG equity awards and Corebridge RSUs: Years Ended December 31, (in millions) 2024 2023 2022 Share-based compensation expense - pre-tax (a) $ 58 $ 60 $ 75 Share-based compensation expense - after tax (b) $ 45 $ 48 $ 59 (a) As a result of accelerated vesting events, such as retirement eligibility in the year of grant and involuntary terminations, we recognized $25 million , $24 million and $25 million in 2024, 2023, and 2022, respectively, prior to the end of the specified vesting periods. It is our policy to reverse compensation expense for forfeited awards when they occur. (b) The income tax expense (benefit), excluding foreign jurisdictions, was computed using the U.S. statutory tax rate of 21%.
Summary of Outstanding Share-Settled RSU Grants	The following table summarizes outstanding share-settled LTI awards: As of or for the Year Ended December 31, 2024 2023 2022 Number of Units Weighted Average Grant Date Fair Value* Number of Units Weighted Average Grant Date Fair Value Number of Units Weighted Average Grant Date Fair Value Unvested, beginning of year 4,153,530 $ 19.64 6,537,155 $ 21.00 — $ — Granted 2,323,450 25.89 2,907,967 19.81 10,328,220 21.00 Vested (3,683,321) 21.34 (4,725,911) 18.70 (3,674,973) 21.00 Forfeited (202,329) 22.36 (565,681) 19.07 (116,092) 21.00 Unvested, end of year 2,591,330 $ 22.31 4,153,530 $ 19.64 6,537,155 $ 21.00 * The fair value of RSUs granted was based on the average closing price of Corebridge common stock over the five trading days preceding the grant date.
Schedule of Weighted-Average Assumptions	The following weighted-average assumptions were used for stock options granted: 2024 2023 Expected annual dividend yield (a) 3.55 % 4.63 % Expected volatility (b) 23.64 % 43.26 % Risk-free interest rate (c) 4.20 % 4.03 % Expected term (d) 6.00 years 6.00 years (a) The dividend yield is the last CRBG dividend from Bloomberg times 4 divided by the stock price. (b) The expected volatility is based on the implied volatility of 24 months stock option estimated by the Bloomberg Professional service as of the valuation date. (c) The risk-free interest rate is the continuously compounded interest rate for the term between the valuation date and the expiration date that is assumed to be constant and equal to the interpolated value between the closest data points on the U.S. Treasury curve as of the valuation date.
Schedule of Stock Option Activity	The following table provides a rollforward of stock option activity: Units Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Values (in millions) As of or for the Year Ended December 31, 2024 Outstanding, beginning of year 720,677 $ 20.12 9.12 1.27 Granted 1,267,910 25.64 Exercised (87,813) 17.58 Forfeited (222,237) 25.16 Outstanding, end of year 1,678,537 $ 23.66 8.74 10.52 Exercisable, end of year 1,049,314 $ 23.36 8.66 $ 6.90 As of or for the Year Ended December 31, 2023 Outstanding, beginning of year — $ — 0.00 — Granted 826,025 19.95 Exercised — — Forfeited (105,348) 20.30 Outstanding, end of year 720,677 $ 20.12 9.12 1.27 Exercisable, end of year 393,961 $ 20.30 9.08 $ 0.54

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The following table presents income (loss) before income tax expense (benefit) by U.S. and foreign location in which such pre-tax income (loss) was earned or incurred: Years Ended December 31, (in millions) 2024 2023 2022 U.S. $ 2,765 $ 972 $ 10,449 Foreign 38 (32) 42 Total $ 2,803 $ 940 $ 10,491
Schedule of Components of Income Tax Expense (Benefit)	The following table presents the income tax expense (benefit) attributable to pre-tax income (loss): Years Ended December 31, (in millions) 2024 2023 2022 U.S. and Foreign components of actual income tax expense: U.S.: Current $ (34) $ 311 $ 868 Deferred 630 (400) 1,150 Foreign: Current (1) (5) 10 Deferred 5 (2) (16) Total $ 600 $ (96) $ 2,012
Schedule of Effective Income Tax Rate Reconciliation	Our actual income tax (benefit) expense differs from the statutory U.S. federal amount computed by applying the federal income tax rate due to the following: Years Ended December 31, 2024 2023 2022 (dollars in millions) Pre-Tax Tax Percent of Pre-Tax Tax Percent of Pre-Tax Tax Percent of U.S. federal income tax at statutory rate $ 2,803 $ 589 21 % $ 940 $ 197 21 % $ 10,491 $ 2,203 21 % Adjustments: Uncertain tax positions (17) (0.6) — — — — 2 — Dispositions of subsidiaries 4 0.1 — (99) (10.5) — — — Reclassifications from accumulated other comprehensive income (32) (1.1) — (52) (5.5) — (84) (0.7) Noncontrolling interest 6 0.2 — 14 1.5 — (67) (0.6) Dividends received deduction (48) (1.7) — (59) (6.3) — (36) (0.3) Tax deconsolidation and separation costs — — — — — (104) (1.0) State and local income taxes 20 0.7 — 12 1.3 — 24 0.2 Other (5) (0.2) — (3) (0.4) — (29) (0.3) Adjustments to deferred tax assets — — — (40) (4.3) — — — Adjustments to prior year tax returns (10) (0.4) — (67) (7.1) — (48) (0.5) Share based compensation payments excess tax deduction (4) (0.1) — (10) (1.1) — (6) (0.1) Valuation allowance 97 3.5 — 11 1.2 — 157 1.5 Consolidated total amounts $ 2,803 $ 600 21.4 % $ 940 $ (96) (10.2) % $ 10,491 $ 2,012 19.2 %
Schedule of Deferred Tax Assets and Liabilities	The following table presents the components of the net deferred tax assets (liabilities): December 31, (in millions) 2024 2023 Deferred tax assets: Losses and tax credit carryforwards $ 877 $ 453 Basis differences on investments 2,944 3,446 Life policy reserves 658 1,532 Investments in foreign subsidiaries 15 49 Fixed assets and intangible assets 1,566 1,328 Other 416 406 Employee benefits 60 72 Unrealized losses related to available-for-sale debt securities 4,102 3,751 Market risk benefits 902 1,004 Total deferred tax assets 11,540 12,041 Deferred tax liabilities: Fortitude Re funds withheld embedded derivative (815) (712) Accruals not currently deductible, and other (118) (184) Deferred policy acquisition costs (1,553) (1,546) Total deferred tax liabilities (2,486) (2,442) Net deferred tax assets before valuation allowance 9,054 9,599 Valuation allowance (1,548) (1,372) Net deferred tax assets (liabilities) $ 7,506 $ 8,227
Schedule of Unrecognized Tax Benefits Roll Forward	The following table presents a reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits: Years Ended December 31, (in millions) 2024 2023 2022 Gross unrecognized tax benefits, beginning of year $ 20 $ 20 $ 18 Increases in tax positions for prior years — — 3 Decreases in tax positions for prior years (17) — (1) Increases in tax positions for current year — — — Settlements — — — Gross unrecognized tax benefits, end of year $ 3 $ 20 $ 20
Summary of Income Tax Examinations	Listed below are the tax years that remain subject to examination by major tax jurisdictions: December 31, 2024 Open Tax Years Major Tax Jurisdiction United States 2007-2023 United Kingdom 2022-2023

Overview and Basis of Present_2

Overview and Basis of Presentation (Details) $ / shares in Units, € in Millions, £ in Millions, shares in Millions

12 Months Ended

Dec. 09, 2024 shares

Apr. 08, 2024 USD ($)

Apr. 08, 2024 GBP (£)

Oct. 31, 2023 USD ($)

Oct. 31, 2023 EUR (€)

Sep. 19, 2022 USD ($)

Feb. 28, 2022 USD ($)

Nov. 01, 2021 USD ($)

Dec. 31, 2024 USD ($) $ / shares

Dec. 31, 2023 USD ($) $ / shares

Dec. 31, 2022 USD ($)

Mar. 31, 2022

Nov. 30, 2021 USD ($)

Oct. 01, 2021

Other Ownership Interests [Line Items]

Common stock, par value (in dollars per share) | $ / shares

$ 0.01

$ 0.01

Net (gain) loss on divestitures

$ 245,000,000

$ 676,000,000

$ (1,000,000)

Dividends

544,000,000

1,722,000,000

876,000,000

Short-term debt

1,101,000,000

250,000,000

Assets held-for-sale

198,000,000

2,237,000,000

Liabilities held-for-sale

0

1,746,000,000

Net investment income

12,228,000,000

11,078,000,000

$ 9,576,000,000

Revision of Prior Period, Adjustment

Other Ownership Interests [Line Items]

Net investment income

77,000,000

AIGT And Eastgreen | Affiliated Entity

Other Ownership Interests [Line Items]

Consideration transferred

$ 107,000,000

Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes

Other Ownership Interests [Line Items]

Short-term debt

$ 8,300,000,000

$ 8,300,000,000

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

AIG

Other Ownership Interests [Line Items]

Dividends

$ 8,300,000,000

Corebridge Financial

Other Ownership Interests [Line Items]

Stock issued in IPO (in shares)

$ 80,000,000

Corebridge Financial | AIG

Other Ownership Interests [Line Items]

Ownership percentage (as a percent)

22.70%

Corebridge Financial | Nippon Life Insurance Company

Other Ownership Interests [Line Items]

Ownership percentage (as a percent)

21.70%

Corebridge Financial | Stock Purchase Agreement | AIG

Other Ownership Interests [Line Items]

Number of shares to be sold (in shares) | shares

122

Common stock ownership interest (as a percent)

21.60%

Fortitude Holdings | Corebridge | Fortitude

Other Ownership Interests [Line Items]

Ownership percentage (as a percent)

2.46%

3.50%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	Dec. 31, 2024
Capitalized Software Costs
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	10 years
Building
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	40 years
Furniture and Fixtures
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	10 years
Office Equipment
Summary of Significant Accounting Policies [Line Items]
Useful life (in years)	5 years

Segment Information - Narrative

Segment Information - Narrative (Details)	12 Months Ended
	Dec. 31, 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	$ 4,600	$ 7,691	$ 5,091
Policy fees	2,901	2,797	2,914
Net investment income	12,228	11,078	9,576
Net realized gains (losses)	(1,883)	(3,572)	6,091
Advisory fee and other income	935	884	1,025
Total revenues	18,781	18,878	24,697
Policyholder benefits	6,632	9,362	6,720
Change in the fair value of market risk benefits, net	(227)	(6)	(958)
Interest credited to policyholder account balances	5,240	4,427	3,732
Amortization of deferred policy acquisition costs and value of business acquired	1,060	1,042	1,020
Non-deferrable insurance commissions	588	588	568
Advisory fee expenses	286	261	266
General operating expenses	2,090	2,360	2,323
Interest expense	554	580	534
Net (gain) loss on divestitures	(245)	(676)	1
Total benefits and expenses	15,978	17,938	14,206
Noncontrolling interests	27	68	(320)
Income (loss) before income tax expense (benefit)	2,803	940	10,491
Fortitude Holdings
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Net investment income	1,370	1,368	891
Income (loss) before income tax expense (benefit)	604	(590)	6,841
Operating Segments | Individual Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	137	213	235
Policy fees	797	708	741
Net investment income	5,679	4,908	3,888
Net realized gains (losses)	0	0	0
Advisory fee and other income	454	426	451
Total revenues	7,067	6,255	5,315
Policyholder benefits	126	204	285
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	2,861	2,269	1,916
Amortization of deferred policy acquisition costs and value of business acquired	618	572	523
Non-deferrable insurance commissions	388	355	351
Advisory fee expenses	150	141	141
General operating expenses	446	402	426
Interest expense	0	0	0
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	4,589	3,943	3,642
Noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	2,478	2,312	1,673
Operating Segments | Group Retirement
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	12	20	19
Policy fees	442	406	415
Net investment income	1,920	1,996	2,000
Net realized gains (losses)	0	0	0
Advisory fee and other income	343	309	305
Total revenues	2,717	2,731	2,739
Policyholder benefits	13	31	35
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	1,206	1,182	1,147
Amortization of deferred policy acquisition costs and value of business acquired	85	82	80
Non-deferrable insurance commissions	120	124	123
Advisory fee expenses	134	118	124
General operating expenses	415	440	447
Interest expense	0	0	0
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	1,973	1,977	1,956
Noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	744	754	783
Operating Segments | Life Insurance
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	1,483	1,776	1,864
Policy fees	1,465	1,488	1,564
Net investment income	1,321	1,282	1,389
Net realized gains (losses)	0	0	0
Advisory fee and other income	82	93	121
Total revenues	4,351	4,639	4,938
Policyholder benefits	2,681	2,838	3,010
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	336	340	342
Amortization of deferred policy acquisition costs and value of business acquired	344	379	410
Non-deferrable insurance commissions	58	88	72
Advisory fee expenses	2	2	1
General operating expenses	469	619	656
Interest expense	0	0	0
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	3,890	4,266	4,491
Noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	461	373	447
Operating Segments | Institutional Markets
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	2,894	5,607	2,913
Policy fees	197	195	194
Net investment income	2,127	1,586	1,049
Net realized gains (losses)	0	0	0
Advisory fee and other income	8	2	2
Total revenues	5,226	7,390	4,158
Policyholder benefits	3,821	6,298	3,404
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	799	600	320
Amortization of deferred policy acquisition costs and value of business acquired	13	9	7
Non-deferrable insurance commissions	20	19	20
Advisory fee expenses	0	0	0
General operating expenses	78	85	73
Interest expense	0	0	0
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	4,731	7,011	3,824
Noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	495	379	334
Operating Segments | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	74	78	82
Policy fees	0	0	0
Net investment income	33	92	473
Net realized gains (losses)	85	(2)	170
Advisory fee and other income	47	54	121
Total revenues	239	222	846
Policyholder benefits	0	(3)	0
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0
Non-deferrable insurance commissions	2	2	2
Advisory fee expenses	0	0	0
General operating expenses	302	339	384
Interest expense	543	569	535
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	847	907	921
Noncontrolling interests	34	68	(320)
Adjusted pre-tax operating income (loss)	(574)	(617)	(395)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	0	0	0
Policy fees	0	0	0
Net investment income	(22)	(25)	(41)
Net realized gains (losses)	0	0	0
Advisory fee and other income	0	0	0
Total revenues	(22)	(25)	(41)
Policyholder benefits	0	0	0
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0
Non-deferrable insurance commissions	0	0	0
Advisory fee expenses	0	0	0
General operating expenses	(4)	0	(2)
Interest expense	(19)	(17)	(51)
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	(23)	(17)	(53)
Noncontrolling interests	0	0	0
Adjusted pre-tax operating income (loss)	1	(8)	12
Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	0	(3)	(22)
Policy fees	0	0	0
Net investment income	1,170	1,239	818
Net realized gains (losses)	(1,968)	(3,570)	5,921
Advisory fee and other income	1	0	25
Total revenues	(797)	(2,334)	6,742
Policyholder benefits	(9)	(6)	(14)
Change in the fair value of market risk benefits, net	(227)	(6)	(958)
Interest credited to policyholder account balances	38	36	7
Amortization of deferred policy acquisition costs and value of business acquired	0	0	0
Non-deferrable insurance commissions	0	0	0
Advisory fee expenses	0	0	0
General operating expenses	384	475	339
Interest expense	30	28	50
Net (gain) loss on divestitures	(245)	(676)	1
Total benefits and expenses	(29)	(149)	(575)
Noncontrolling interests	(34)	(68)	320
Total Corebridge
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Premiums	4,600	7,694	5,113
Policy fees	2,901	2,797	2,914
Net investment income	11,058	9,839	8,758
Net realized gains (losses)	85	(2)	170
Advisory fee and other income	934	884	1,000
Total revenues	19,578	21,212	17,955
Policyholder benefits	6,641	9,368	6,734
Change in the fair value of market risk benefits, net	0	0	0
Interest credited to policyholder account balances	5,202	4,391	3,725
Amortization of deferred policy acquisition costs and value of business acquired	1,060	1,042	1,020
Non-deferrable insurance commissions	588	588	568
Advisory fee expenses	286	261	266
General operating expenses	1,706	1,885	1,984
Interest expense	524	552	484
Net (gain) loss on divestitures	0	0	0
Total benefits and expenses	16,007	18,087	14,781
Noncontrolling interests	34	68	(320)
Adjusted pre-tax operating income (loss)	$ 3,605	$ 3,193	$ 2,854

Segment Information - Schedul_2

Segment Information - Schedule of revenues and other assets by geographic area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Total revenue	$ 18,781	$ 18,878	$ 24,697
North America
Segment Reporting Information [Line Items]
Total revenue	18,670	18,299	24,160
International
Segment Reporting Information [Line Items]
Total revenue	$ 111	$ 579	$ 537

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 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	$ (17)	$ 23
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.	$ 31	$ (10)
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
Interest Rate Swap
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Liability for policyholder contract deposits, interest rate (as a percent)	5.04%

Fair Value Measurements - Asset

Fair Value Measurements - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets:
Bonds available-for-sale	[1]	$ 170,840	$ 166,527
Other bond securities, at fair value	[1]	5,262	4,578
Equity securities	[1]	56	63
Derivative assets		7,250	5,925
Counterparty Netting		(4,494)	(3,646)
Cash Collateral		(2,563)	(1,886)
Total derivative assets		193	393
Short-term investments	[1]	4,981	4,336
Market risk benefit assets, at fair value		1,332	912
Separate account assets		93,888	91,005
Liabilities:
Policyholder contract deposits		173,695	162,050	$ 156,058
Derivative liabilities		5,268	4,588
Counterparty Netting		(4,494)	(3,646)
Cash Collateral		(664)	(801)
Total derivative liabilities		110	141
Market risk benefit liabilities, at fair value		5,616	5,705
Private equity funds/hedge funds		7,829	7,690
Related Party
Assets:
Derivative assets		21	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		6,100	5,800
U.S. government and government sponsored entities
Assets:
Bonds available-for-sale		1,368	1,220
Obligations of states, municipalities and political subdivisions
Assets:
Bonds available-for-sale		4,661	5,831
Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available-for-sale		746	821
Non-U.S. governments
Assets:
Bonds available-for-sale		3,904	4,057
Corporate debt
Assets:
Bonds available-for-sale		106,478	106,082
Corporate debt | Level 3
Assets:
Bonds available-for-sale		1,822	1,471
RMBS
Assets:
Bonds available-for-sale		15,784	14,277
RMBS | Related Party
Assets:
Bonds available-for-sale			43
RMBS | Level 3
Assets:
Bonds available-for-sale		2,892	3,315
CMBS
Assets:
Bonds available-for-sale		9,577	9,981
CMBS | Level 3
Assets:
Bonds available-for-sale		607	565
CLO
Assets:
Bonds available-for-sale		10,118	11,144
ABS
Assets:
Bonds available-for-sale		18,950	13,935
Recurring Basis
Assets:
Bonds available-for-sale		170,840	166,527
Other bond securities, at fair value		5,262	4,578
Equity securities		56	63
Other invested assets		1,647	1,850
Counterparty Netting		(4,494)	(3,646)
Cash Collateral		(2,563)	(1,886)
Counterparty netting and cash collateral		(7,057)	(5,532)
Total derivative assets		193	393
Short-term investments		1,439	1,408
Market risk benefit assets, at fair value		1,332	912
Separate account assets		93,888	91,005
Total		274,657	266,736
Liabilities:
Policyholder contract deposits		9,535	8,050
Counterparty Netting		(4,494)	(3,646)
Cash Collateral		(664)	(801)
Counterparty netting and cash collateral		(5,158)	(4,447)
Total derivative liabilities		110	141
Fortitude Re funds withheld payable		2,223	2,182
Market risk benefit liabilities, at fair value		5,616	5,705
Total		17,484	16,078
Recurring Basis | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Total			167
Recurring Basis | Level 1
Assets:
Bonds available-for-sale		9	20
Other bond securities, at fair value		0	0
Equity securities		15	21
Other invested assets		0	0
Derivative assets		1	7
Short-term investments		351	21
Market risk benefit assets, at fair value		0	0
Separate account assets		90,400	87,813
Total		90,776	87,882
Liabilities:
Policyholder contract deposits		0	0
Derivative liabilities		7	2
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Total		7	2
Recurring Basis | Level 2
Assets:
Bonds available-for-sale		141,858	143,095
Other bond securities, at fair value		3,721	3,255
Equity securities		0	0
Other invested assets		0	0
Derivative assets		6,218	4,633
Short-term investments		1,088	1,387
Market risk benefit assets, at fair value		0	0
Separate account assets		3,488	3,192
Total		156,373	155,562
Liabilities:
Policyholder contract deposits		120	108
Derivative liabilities		5,250	4,521
Fortitude Re funds withheld payable		0	0
Market risk benefit liabilities, at fair value		0	0
Total		5,370	4,629
Recurring Basis | Level 3
Assets:
Bonds available-for-sale		28,973	23,412
Other bond securities, at fair value		1,541	1,323
Equity securities		41	42
Other invested assets		1,647	1,850
Derivative assets		1,031	1,285
Short-term investments		0	0
Market risk benefit assets, at fair value		1,332	912
Separate account assets		0	0
Total		34,565	28,824
Liabilities:
Policyholder contract deposits		9,415	7,942
Derivative liabilities		11	65
Fortitude Re funds withheld payable		2,223	2,182
Market risk benefit liabilities, at fair value		5,616	5,705
Total		17,265	15,894
Recurring Basis | Interest rate contracts
Assets:
Derivative assets		2,920	2,947
Liabilities:
Derivative liabilities		3,452	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		2,556	2,498
Liabilities:
Derivative liabilities		3,452	3,278
Recurring Basis | Interest rate contracts | Level 3
Assets:
Derivative assets		364	449
Liabilities:
Derivative liabilities		0	0
Recurring Basis | Foreign exchange contracts
Assets:
Derivative assets		1,271	940
Liabilities:
Derivative liabilities		268	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		1,271	940
Liabilities:
Derivative liabilities		268	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		3,045	2,017
Liabilities:
Derivative liabilities		1,546	745
Recurring Basis | Equity contracts | Level 1
Assets:
Derivative assets		1	7
Liabilities:
Derivative liabilities		7	2
Recurring Basis | Equity contracts | Level 2
Assets:
Derivative assets		2,390	1,186
Liabilities:
Derivative liabilities		1,530	680
Recurring Basis | Equity contracts | Level 3
Assets:
Derivative assets		654	824
Liabilities:
Derivative liabilities		9	63
Recurring Basis | Credit contracts
Assets:
Derivative assets		0	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		0	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		14	13
Liabilities:
Derivative liabilities		2	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		13	12
Liabilities:
Derivative liabilities		2	2
Recurring Basis | U.S. government and government sponsored entities
Assets:
Bonds available-for-sale		1,368	1,220
Other bond securities, at fair value		188
Recurring Basis | U.S. government and government sponsored entities | Level 1
Assets:
Bonds available-for-sale		9	20
Other bond securities, at fair value		0
Recurring Basis | U.S. government and government sponsored entities | Level 2
Assets:
Bonds available-for-sale		1,359	1,200
Other bond securities, at fair value		188
Recurring Basis | U.S. government and government sponsored entities | Level 3
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0
Recurring Basis | Obligations of states, municipalities and political subdivisions
Assets:
Bonds available-for-sale		4,661	5,831
Other bond securities, at fair value		34	40
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 2
Assets:
Bonds available-for-sale		3,916	4,987
Other bond securities, at fair value		33	39
Recurring Basis | Obligations of states, municipalities and political subdivisions | Level 3
Assets:
Bonds available-for-sale		745	844
Other bond securities, at fair value		1	1
Recurring Basis | Non-U.S. governments
Assets:
Bonds available-for-sale		3,904	4,057
Other bond securities, at fair value		27	13
Recurring Basis | Non-U.S. governments | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | Non-U.S. governments | Level 2
Assets:
Bonds available-for-sale		3,904	4,057
Other bond securities, at fair value		27	13
Recurring Basis | Non-U.S. governments | Level 3
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | Corporate debt
Assets:
Bonds available-for-sale		106,478	106,082
Other bond securities, at fair value		2,936	2,653
Recurring Basis | Corporate debt | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | Corporate debt | Level 2
Assets:
Bonds available-for-sale		104,644	104,725
Other bond securities, at fair value		2,727	2,486
Recurring Basis | Corporate debt | Level 3
Assets:
Bonds available-for-sale		1,834	1,357
Other bond securities, at fair value		209	167
Recurring Basis | RMBS
Assets:
Bonds available-for-sale		15,784	14,277
Other bond securities, at fair value		151	170
Recurring Basis | RMBS | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | RMBS | Level 2
Assets:
Bonds available-for-sale		9,739	8,423
Other bond securities, at fair value		53	63
Recurring Basis | RMBS | Level 2 | Related Party
Assets:
Bonds available-for-sale			36
Recurring Basis | RMBS | Level 2 | Related Party | Maximum
Assets:
Other bond securities, at fair value			1
Recurring Basis | RMBS | Level 3
Assets:
Bonds available-for-sale		6,045	5,854
Other bond securities, at fair value		98	107
Recurring Basis | RMBS | Level 3 | Related Party
Assets:
Bonds available-for-sale			7
Recurring Basis | CMBS
Assets:
Bonds available-for-sale		9,577	9,981
Other bond securities, at fair value		220	228
Recurring Basis | CMBS | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | CMBS | Level 2
Assets:
Bonds available-for-sale		8,956	9,373
Other bond securities, at fair value		206	211
Recurring Basis | CMBS | Level 3
Assets:
Bonds available-for-sale		621	608
Other bond securities, at fair value		14	17
Recurring Basis | CLO
Assets:
Bonds available-for-sale		10,118	11,144
Other bond securities, at fair value		478	423
Recurring Basis | CLO | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | CLO | Level 2
Assets:
Bonds available-for-sale		7,956	9,301
Other bond securities, at fair value		419	354
Recurring Basis | CLO | Level 3
Assets:
Bonds available-for-sale		2,162	1,843
Other bond securities, at fair value		59	69
Recurring Basis | ABS
Assets:
Bonds available-for-sale		18,950	13,935
Other bond securities, at fair value		1,228	1,051
Recurring Basis | ABS | Level 1
Assets:
Bonds available-for-sale		0	0
Other bond securities, at fair value		0	0
Recurring Basis | ABS | Level 2
Assets:
Bonds available-for-sale		1,384	1,029
Other bond securities, at fair value		68	89
Recurring Basis | ABS | Level 3
Assets:
Bonds available-for-sale		17,566	12,906
Other bond securities, at fair value		$ 1,160	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	$ 26,627	$ 23,588
Net Realized and Unrealized Gains (Losses) Included in Income	747	371
Other Comprehensive Income (Loss)	370	435
Purchases, Sales, Issuances and Settlements, Net	3,955	2,136
Gross Transfers In	2,573	1,535
Gross Transfers Out	(2,046)	(1,782)
Other	(24)	344
Fair Value End of Year	$ 32,202	$ 26,627
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total net realized gains (losses)	Total net realized gains (losses)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other comprehensive income (loss)	Other comprehensive income (loss)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	$ (13)	$ (176)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	$ 242	$ 129
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total net realized gains (losses)	Total net realized gains (losses)
Market risk benefit assets, at fair value	$ 1,332	$ 912
Recurring Basis
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Market risk benefit assets, at fair value	1,332	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	1,332	912
Bonds available-for-sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	23,412	20,426
Net Realized and Unrealized Gains (Losses) Included in Income	710	472
Other Comprehensive Income (Loss)	385	424
Purchases, Sales, Issuances and Settlements, Net	3,712	1,886
Gross Transfers In	2,532	1,461
Gross Transfers Out	(1,776)	(1,504)
Other	(2)	247
Fair Value End of Year	28,973	23,412
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	242	129
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	844	805
Net Realized and Unrealized Gains (Losses) Included in Income	(1)	(2)
Other Comprehensive Income (Loss)	(72)	66
Purchases, Sales, Issuances and Settlements, Net	(4)	(15)
Gross Transfers In	0	0
Gross Transfers Out	(22)	(10)
Other	0	0
Fair Value End of Year	745	844
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	(77)	35
Bonds available-for-sale | Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,357	1,968
Net Realized and Unrealized Gains (Losses) Included in Income	12	(96)
Other Comprehensive Income (Loss)	(2)	13
Purchases, Sales, Issuances and Settlements, Net	(94)	(58)
Gross Transfers In	1,057	583
Gross Transfers Out	(496)	(1,037)
Other	0	(16)
Fair Value End of Year	1,834	1,357
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	(34)	(19)
Bonds available-for-sale | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	5,854	5,670
Net Realized and Unrealized Gains (Losses) Included in Income	290	316
Other Comprehensive Income (Loss)	31	22
Purchases, Sales, Issuances and Settlements, Net	155	(103)
Gross Transfers In	21	33
Gross Transfers Out	(304)	(84)
Other	(2)	0
Fair Value End of Year	6,045	5,854
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	30	(45)
Bonds available-for-sale | CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	608	718
Net Realized and Unrealized Gains (Losses) Included in Income	1	9
Other Comprehensive Income (Loss)	95	(53)
Purchases, Sales, Issuances and Settlements, Net	(180)	(53)
Gross Transfers In	252	179
Gross Transfers Out	(155)	(192)
Other	0	0
Fair Value End of Year	621	608
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	22	(83)
Bonds available-for-sale | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,843	1,670
Net Realized and Unrealized Gains (Losses) Included in Income	17	(18)
Other Comprehensive Income (Loss)	28	53
Purchases, Sales, Issuances and Settlements, Net	553	(29)
Gross Transfers In	41	76
Gross Transfers Out	(320)	(172)
Other	0	263
Fair Value End of Year	2,162	1,843
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	29	(19)
Bonds available-for-sale | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	12,906	9,595
Net Realized and Unrealized Gains (Losses) Included in Income	391	263
Other Comprehensive Income (Loss)	305	323
Purchases, Sales, Issuances and Settlements, Net	3,282	2,144
Gross Transfers In	1,161	590
Gross Transfers Out	(479)	(9)
Other	0	0
Fair Value End of Year	17,566	12,906
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	272	260
Other bond securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,323	1,304
Net Realized and Unrealized Gains (Losses) Included in Income	85	52
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	225	101
Gross Transfers In	41	39
Gross Transfers Out	(134)	(271)
Other	1	98
Fair Value End of Year	1,541	1,323
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	43	(26)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	0
Net Realized and Unrealized Gains (Losses) Included in Income	0	0
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Year	1	1
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	167	417
Net Realized and Unrealized Gains (Losses) Included in Income	15	(15)
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	10	(43)
Gross Transfers In	20	0
Gross Transfers Out	(3)	(192)
Other	0	0
Fair Value End of Year	209	167
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	10	(16)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Other bond securities | RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	107	107
Net Realized and Unrealized Gains (Losses) Included in Income	5	6
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	(11)	(6)
Gross Transfers In	0	0
Gross Transfers Out	(3)	0
Other	0	0
Fair Value End of Year	98	107
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	3	2
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	28
Net Realized and Unrealized Gains (Losses) Included in Income	1	(5)
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	(4)	(6)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Year	14	17
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	1	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Other bond securities | CLO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	69	11
Net Realized and Unrealized Gains (Losses) Included in Income	(2)	17
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	7	(52)
Gross Transfers In	0	39
Gross Transfers Out	(16)	(44)
Other	1	0
Fair Value End of Year	59	69
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	6
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Other bond securities | ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	962	741
Net Realized and Unrealized Gains (Losses) Included in Income	66	49
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	223	207
Gross Transfers In	21	0
Gross Transfers Out	(112)	(35)
Other	0	98
Fair Value End of Year	1,160	962
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	29	(18)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	42	26
Net Realized and Unrealized Gains (Losses) Included in Income	1	0
Other Comprehensive Income (Loss)	0	0
Purchases, Sales, Issuances and Settlements, Net	5	23
Gross Transfers In	0	1
Gross Transfers Out	0	(7)
Other	(7)	(1)
Fair Value End of Year	41	42
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	1,850	1,832
Net Realized and Unrealized Gains (Losses) Included in Income	(49)	(153)
Other Comprehensive Income (Loss)	(15)	11
Purchases, Sales, Issuances and Settlements, Net	13	126
Gross Transfers In	0	34
Gross Transfers Out	(136)	0
Other	(16)	0
Fair Value End of Year	1,647	1,850
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	(56)	(150)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	$ 0	$ 0

Fair Value Measurements - Cha_2

Fair Value Measurements - Changes in level 3 recurring fair value measurements, liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	$ 10,618	$ 8,904	$ 6,051
Net Realized and Unrealized (Gains) Losses Included in Income	1,124	2,661
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	238	(339)
Fair Value End of Year	10,618	8,904
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	2,195	(921)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Gross Transfers Out		0
Market risk benefit liabilities, at fair value	$ 5,616	$ 5,705
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total net realized gains (losses)	Total net realized gains (losses)
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total net realized gains (losses)	Total net realized gains (losses)
Recurring Basis
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Market risk benefit liabilities, at fair value	$ 5,616	$ 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	5,616	5,705
Policyholder contract deposits
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Year	9,415	7,942	5,367
Net Realized and Unrealized (Gains) Losses Included in Income	859	1,464
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	614	1,111
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Year	9,415	7,942
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	1,472	(733)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	(253)	(538)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(1,220)	(584)
Net Realized and Unrealized (Gains) Losses Included in Income	(253)	(538)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	101	(629)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	352	531
Fair Value End of Period	(1,020)	(1,220)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	192	533
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	(449)	(303)
Net Realized and Unrealized (Gains) Losses Included in Income	(170)	(88)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(84)	(157)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	339	99
Fair Value End of Period	(364)	(449)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	255	33
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Equity contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(761)	(267)
Net Realized and Unrealized (Gains) Losses Included in Income	(38)	(389)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	141	(537)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	13	432
Fair Value End of Period	(645)	(761)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	(107)	438
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	0	0
Other contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Beginning of Period	(10)	(14)
Net Realized and Unrealized (Gains) Losses Included in Income	(45)	(61)
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	44	65
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Period	(11)	(10)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	44	62
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	2,223	2,182	1,262
Net Realized and Unrealized (Gains) Losses Included in Income	518	1,734
Other Comprehensive (Income) Loss	0	0
Purchases, Sales, Issuances and Settlements, Net	(477)	(814)
Gross Transfers In	0	0
Gross Transfers Out	0	0
Other	0	0
Fair Value End of Year	2,223	2,182
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year	531	(721)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year	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	$ 6
Net Realized and Unrealized (Gains) Losses Included in Income	$ 0	1
Other Comprehensive (Income) Loss		0
Purchases, Sales, Issuances and Settlements, Net		(7)
Gross Transfers In		0
Gross Transfers Out		0
Other		0
Fair Value End of Year		0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Year		0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Year		$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 747	$ 371
Net realized gains (losses), liabilities	(1,124)	(2,661)
Policyholder contract deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(859)	(1,464)
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
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
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	(859)	(1,464)
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
Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	253	538
Derivative liabilities, net | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	44	62
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
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	269	517
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	(60)	(41)
Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	(518)	(1,734)
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
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
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	(518)	(1,734)
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
Market risk benefit liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	1,529	1,128
Market risk benefit liabilities, net | Policy Fees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0
Market risk benefit 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
Market risk benefit 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	3	3
Market risk benefit 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	1,526	1,125
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	710	472
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
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	748	491
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	(38)	(19)
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
Other bond securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	85	52
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
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	85	52
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
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
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	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
Equity securities | Net Investment Income (Loss)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	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
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
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(49)	(153)
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
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	(49)	(150)
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	0	(3)
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

Fair Value Measurements - Gross

Fair Value Measurements - Gross components of purchases, sales, issuances and settlements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	$ 10,223	$ 4,425
Sales	(1,894)	(158)
Issuances and Settlements	(4,374)	(2,131)
Purchases, Sales, Issuances and Settlements, Net	3,955	2,136
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	(127)
Sales	1,564	1,428
Issuances and Settlements	(1,326)	(1,640)
Purchases, Sales, Issuances and Settlements, Net	238	(339)
Policyholder contract deposits
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0
Sales	1,564	1,428
Issuances and Settlements	(950)	(317)
Purchases, Sales, Issuances and Settlements, Net	614	1,111
Derivative liabilities, net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	(127)
Sales	0	0
Issuances and Settlements	101	(502)
Purchases, Sales, Issuances and Settlements, Net	101	(629)
Fortitude Re funds withheld payable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases	0	0
Sales	0	0
Issuances and Settlements	(477)	(814)
Purchases, Sales, Issuances and Settlements, Net	(477)	(814)
Debt of consolidated investment entities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Liabilities [Abstract]
Purchases		0
Sales		0
Issuances and Settlements		(7)
Purchases, Sales, Issuances and Settlements, Net		(7)
Bonds available-for-sale
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	9,474	3,687
Sales	(1,852)	(133)
Issuances and Settlements	(3,910)	(1,668)
Purchases, Sales, Issuances and Settlements, Net	3,712	1,886
Bonds available-for-sale | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	22	0
Sales	(24)	(12)
Issuances and Settlements	(2)	(3)
Purchases, Sales, Issuances and Settlements, Net	(4)	(15)
Bonds available-for-sale | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	507	223
Sales	(330)	(30)
Issuances and Settlements	(271)	(251)
Purchases, Sales, Issuances and Settlements, Net	(94)	(58)
Bonds available-for-sale | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1,552	706
Sales	(583)	(42)
Issuances and Settlements	(814)	(767)
Purchases, Sales, Issuances and Settlements, Net	155	(103)
Bonds available-for-sale | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	59	9
Sales	(113)	(27)
Issuances and Settlements	(126)	(35)
Purchases, Sales, Issuances and Settlements, Net	(180)	(53)
Bonds available-for-sale | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	1,247	226
Sales	(153)	(18)
Issuances and Settlements	(541)	(237)
Purchases, Sales, Issuances and Settlements, Net	553	(29)
Bonds available-for-sale | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	6,087	2,523
Sales	(649)	(4)
Issuances and Settlements	(2,156)	(375)
Purchases, Sales, Issuances and Settlements, Net	3,282	2,144
Other bond securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	460	451
Sales	(40)	(25)
Issuances and Settlements	(195)	(325)
Purchases, Sales, Issuances and Settlements, Net	225	101
Other bond securities | Obligations of states, municipalities and political subdivisions
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	3
Sales	0	(2)
Issuances and Settlements	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1
Other bond securities | Corporate debt
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	10	185
Sales	0	0
Issuances and Settlements	0	(228)
Purchases, Sales, Issuances and Settlements, Net	10	(43)
Other bond securities | RMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	6
Sales	0	0
Issuances and Settlements	(11)	(12)
Purchases, Sales, Issuances and Settlements, Net	(11)	(6)
Other bond securities | CMBS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	0	0
Sales	(4)	(6)
Issuances and Settlements	0	0
Purchases, Sales, Issuances and Settlements, Net	(4)	(6)
Other bond securities | CLO
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	23	1
Sales	0	(9)
Issuances and Settlements	(16)	(44)
Purchases, Sales, Issuances and Settlements, Net	7	(52)
Other bond securities | ABS
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	427	256
Sales	(36)	(8)
Issuances and Settlements	(168)	(41)
Purchases, Sales, Issuances and Settlements, Net	223	207
Equity securities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	7	25
Sales	(2)	0
Issuances and Settlements	0	(2)
Purchases, Sales, Issuances and Settlements, Net	5	23
Other invested assets
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Assets [Abstract]
Purchases	282	262
Sales	0	0
Issuances and Settlements	(269)	(136)
Purchases, Sales, Issuances and Settlements, Net	$ 13	$ 126

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative information about level 3 fair value measurements (Details) $ in Millions		Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale	[1]	$ 170,840	$ 166,527
Embedded derivatives within Policyholder contract deposits		11,800	10,200
Policyholder contract deposits		173,695	162,050	$ 156,058
Obligations of states, municipalities and political subdivisions
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 4,661	$ 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		0.0553	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		0.0588	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		0.0570	0.0514
Obligations of states, municipalities and political subdivisions | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 746	$ 821
Corporate debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 106,478	$ 106,082
Corporate debt | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0494	0.0526
Corporate debt | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.1038	0.0816
Corporate debt | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0735	0.0671
Corporate debt | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,822	$ 1,471
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 15,784	$ 14,277
RMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0575	0.0611
RMBS | Minimum | Prepayment speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0392	0.0431
RMBS | Minimum | Default rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0057	0.0073
RMBS | Minimum | Loss severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.4019	0.3064
RMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0690	0.0740
RMBS | Maximum | Prepayment speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0891	0.0986
RMBS | Maximum | Default rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0232	0.0252
RMBS | Maximum | Loss severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.8078	0.9103
RMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0633	0.0675
RMBS | Weighted-average | Prepayment speed
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0642	0.0709
RMBS | Weighted-average | Default rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0145	0.0163
RMBS | Weighted-average | Loss severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.6049	0.6083
RMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 2,892	$ 3,315
CLO | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0613	0.0606
CLO | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0740	0.0781
CLO | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0677	0.0693
CLO | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 2,104	$ 1,697
ABS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0510	0.0563
ABS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0783	0.0782
ABS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0647	0.0673
ABS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 15,888	$ 11,367
CMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 9,577	$ 9,981
CMBS | Minimum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0480	0.0549
CMBS | Maximum | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.2087	0.1784
CMBS | Weighted-average | Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.1256	0.1166
CMBS | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 607	$ 565
Market risk benefit assets | Minimum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0585	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		0.0027	0
Market risk benefit assets | Maximum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.4605	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		0.0630	0.3000
Market risk benefit assets | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt securities, available-for-sale, measurement input		0.0265	0.0229
Market risk benefit assets | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available-for-sale		$ 1,332	$ 912
Variable annuities guaranteed benefits | Minimum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0585	0.0625
Variable annuities guaranteed benefits | Minimum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0016	0.0016
Variable 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
Variable annuities guaranteed benefits | Minimum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.3825	0.3825
Variable annuities guaranteed benefits | Minimum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.8000	0.8000
Variable annuities guaranteed benefits | Minimum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0	0
Variable annuities guaranteed benefits | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0027	0
Variable annuities guaranteed benefits | Maximum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4605	0.4975
Variable annuities guaranteed benefits | Maximum | Base lapse rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.2880	0.2880
Variable 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
Variable annuities guaranteed benefits | Maximum | Mortality multiplier
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1.6001	1.6001
Variable annuities guaranteed benefits | Maximum | Utilization
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		1	1
Variable annuities guaranteed benefits | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0630	0.3000
Variable annuities guaranteed benefits | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0265	0.0229
Variable annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,424	$ 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		0.0027	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		0.0265	0.0229
Fixed annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,359	$ 1,111
Fixed index annuities guaranteed benefits | Minimum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0585	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		0.0027	0
Fixed index annuities guaranteed benefits | Maximum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4605	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		0.0630	0.3000
Fixed index annuities guaranteed benefits | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0265	0.0229
Fixed index annuities guaranteed benefits | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 2,833	$ 2,420
Index credits on fixed index annuities and registered index linked annuities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Policyholder contract deposits		$ 1,800	$ 1,500
Index credits on fixed index annuities and registered index linked annuities | Minimum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0585	0.0625
Index credits on fixed index annuities and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked annuities | Minimum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0027	0
Index credits on fixed index annuities and registered index linked annuities | Maximum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.4605	0.4975
Index credits on fixed index annuities and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked 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 and registered index linked annuities | Maximum | Equity / interest-rate correlation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0630	0.3000
Index credits on fixed index annuities and registered index linked annuities | Maximum | NPA
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.0265	0.0229
Index credits on fixed index annuities and registered index linked annuities | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 8,407	$ 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		0.0027	0
Index universal life | Maximum | Equity volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input		0.1963	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		0.0265	0.0229
Index universal life | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivatives within Policyholder contract deposits		$ 1,008	$ 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	Dec. 31, 2024	Dec. 31, 2023
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	$ 7,829	$ 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	6,144	5,840
Unfunded Commitments	2,648	2,770
Private equity funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	5,934	5,541
Unfunded Commitments	2,648	2,770
Leveraged buyout
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	2,744	2,445
Unfunded Commitments	1,691	1,755
Real estate
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,179	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	199	203
Unfunded Commitments	73	91
Growth equity
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	481	485
Unfunded Commitments	91	109
Mezzanine
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	107	152
Unfunded Commitments	47	42
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	1,224	1,182
Unfunded Commitments	195	233
Hedge funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Private equity funds/hedge funds	210	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	5	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	174	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	30	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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 680	$ 458	$ (197)
Total liabilities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	4	3	20
Policyholder contract deposits
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	4	3	20
Total assets
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	676	455	(217)
Other bond securities
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	369	340	(408)
Alternative investments
Fair Value, Option, Quantitative Disclosures
Total gain (loss)	$ 307	$ 115	$ 191

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		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments	[1]	$ 9,851	$ 10,257
Impairment Charges		69	69	$ 25
Non-Recurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		117	80
Total		117	80
Impairment Charges		66	13	25
Non-Recurring Basis | Other investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment Charges		66	13	$ 25
Non-Recurring Basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0	0
Total		0	0
Non-Recurring Basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		0	0
Total		0	0
Non-Recurring Basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other investments		117	80
Total		$ 117	$ 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		Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
Assets:
Mortgage and other loans receivable	[1]	$ 52,768		$ 46,867
Other investments	[1]	9,851		10,257
Short-term investments	[1]	4,981		4,336
Cash		806	[1]	612	[1]	$ 552
Other assets	[1]	1,844		2,294
Liabilities:
Short-term debt		1,101		250
Consolidated VIE
Assets:
Mortgage and other loans receivable		1,919		1,941
Short-term investments		132		130
Cash		75		61
Other assets		77		95
Liabilities:
Other liabilities		78		83
Estimated Fair Value
Assets:
Mortgage and other loans receivable		49,581		43,949
Other investments		279		268
Short-term investments		3,542		2,928
Cash		806		612
Other assets		14		13
Liabilities:
Policyholder contract deposits associated with investment-type contracts		146,414		130,184
Fortitude Re funds withheld payable		22,068		23,775
Other liabilities		3,027		2,467
Short-term debt		1,101		250
Total debt		8,982		8,722
Separate account liabilities - investment contracts		89,802		87,215
Estimated Fair Value | Consolidated VIE
Liabilities:
Total debt		1,801		2,273
Carrying Value
Assets:
Mortgage and other loans receivable		52,768		46,867
Other investments		279		268
Short-term investments		3,542		2,928
Cash		806		612
Other assets		14		13
Liabilities:
Policyholder contract deposits associated with investment-type contracts		151,082		140,652
Fortitude Re funds withheld payable		22,068		23,775
Other liabilities		3,027		2,467
Short-term debt		1,101		250
Total debt		9,353		9,118
Separate account liabilities - investment contracts		89,802		87,215
Carrying Value | Disposal Group, Held-for-Sale, Not Discontinued Operations
Assets:
Short-term investments				11
Cash				3
Carrying Value | Consolidated VIE
Liabilities:
Total debt		1,938		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		806		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
Total debt		0		0
Separate account liabilities - investment contracts		0		0
Level 1 | Estimated Fair Value | Consolidated VIE
Liabilities:
Total debt		0		0
Level 2 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		21		30
Other investments		279		268
Short-term investments		3,542		2,928
Cash		0		0
Other assets		1		0
Liabilities:
Policyholder contract deposits associated with investment-type contracts		69		90
Fortitude Re funds withheld payable		0		0
Other liabilities		3,027		2,467
Short-term debt		1,101		250
Total debt		8,982		8,722
Separate account liabilities - investment contracts		89,802		87,215
Level 2 | Estimated Fair Value | Consolidated VIE
Liabilities:
Total debt		29		43
Level 3 | Estimated Fair Value
Assets:
Mortgage and other loans receivable		49,560		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		146,345		130,094
Fortitude Re funds withheld payable		22,068		23,775
Other liabilities		0		0
Short-term debt		0		0
Total debt		0		0
Separate account liabilities - investment contracts		0		0
Level 3 | Estimated Fair Value | Consolidated VIE
Liabilities:
Total debt		$ 1,772		$ 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		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		$ 191,058	$ 184,946
Allowance for Credit Losses		(119)	(128)	$ (148)	$ (78)
Gross Unrealized Gains		1,917	2,186
Gross Unrealized Losses		(22,016)	(20,477)
Bonds available-for-sale	[1]	170,840	166,527
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		1,698	1,436
Allowance for Credit Losses		0	0
Gross Unrealized Gains		7	17
Gross Unrealized Losses		(337)	(233)
Bonds available-for-sale		1,368	1,220
Obligations of states, municipalities and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		5,479	6,466
Allowance for Credit Losses		0	0
Gross Unrealized Gains		20	58
Gross Unrealized Losses		(838)	(693)
Bonds available-for-sale		4,661	5,831
Non-U.S. governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		4,734	4,695
Allowance for Credit Losses		0	(2)
Gross Unrealized Gains		26	43
Gross Unrealized Losses		(856)	(679)
Bonds available-for-sale		3,904	4,057
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		123,134	120,654
Allowance for Credit Losses		(86)	(71)
Gross Unrealized Gains		927	1,294
Gross Unrealized Losses		(17,497)	(15,795)
Bonds available-for-sale		106,478	106,082
Mortgage-backed, asset-backed and collateralized
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		56,013	51,695
Allowance for Credit Losses		(33)	(55)
Gross Unrealized Gains		937	774
Gross Unrealized Losses		(2,488)	(3,077)
Bonds available-for-sale		54,429	49,337
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		16,077	14,491
Allowance for Credit Losses		(15)	(25)
Gross Unrealized Gains		562	599
Gross Unrealized Losses		(840)	(788)
Bonds available-for-sale		15,784	14,277
RMBS | Related Party
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs			45
Bonds available-for-sale			43
CMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		10,260	11,045
Allowance for Credit Losses		(18)	(30)
Gross Unrealized Gains		73	22
Gross Unrealized Losses		(738)	(1,056)
Bonds available-for-sale		9,577	9,981
CLO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		10,020	11,203
Allowance for Credit Losses		0	0
Gross Unrealized Gains		156	90
Gross Unrealized Losses		(58)	(149)
Bonds available-for-sale		10,118	11,144
ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost or Costs		19,656	14,956
Allowance for Credit Losses		0	0
Gross Unrealized Gains		146	63
Gross Unrealized Losses		(852)	(1,084)
Bonds available-for-sale		$ 18,950	$ 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	Dec. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Fair Value
Less Than 12 Months	$ 35,524	$ 23,061
12 Months or More	86,633	105,834
Total	122,157	128,895
Gross Unrealized Losses
Less Than 12 Months	2,565	2,458
12 Months or More	19,392	17,940
Total	$ 21,957	$ 20,398
Number of securities in an unrealized loss position | security	14,190	15,034
Number of individual securities in continuous unrealized loss position for longer than twelve months | security	11,054	12,787
U.S. government and government sponsored entities
Fair Value
Less Than 12 Months	$ 264	$ 22
12 Months or More	676	746
Total	940	768
Gross Unrealized Losses
Less Than 12 Months	17	3
12 Months or More	320	230
Total	337	233
Obligations of states, municipalities and political subdivisions
Fair Value
Less Than 12 Months	645	1,124
12 Months or More	3,504	3,676
Total	4,149	4,800
Gross Unrealized Losses
Less Than 12 Months	46	110
12 Months or More	792	583
Total	838	693
Non-U.S. governments
Fair Value
Less Than 12 Months	922	470
12 Months or More	2,587	2,981
Total	3,509	3,451
Gross Unrealized Losses
Less Than 12 Months	76	82
12 Months or More	780	592
Total	856	674
Corporate debt
Fair Value
Less Than 12 Months	24,777	11,338
12 Months or More	60,591	75,045
Total	85,368	86,383
Gross Unrealized Losses
Less Than 12 Months	2,176	1,760
12 Months or More	15,291	14,009
Total	17,467	15,769
RMBS
Fair Value
Less Than 12 Months	3,164	2,676
12 Months or More	4,964	4,855
Total	8,128	7,531
Gross Unrealized Losses
Less Than 12 Months	101	174
12 Months or More	716	577
Total	817	751
CMBS
Fair Value
Less Than 12 Months	839	1,840
12 Months or More	5,665	6,570
Total	6,504	8,410
Gross Unrealized Losses
Less Than 12 Months	32	159
12 Months or More	700	886
Total	732	1,045
CLO
Fair Value
Less Than 12 Months	1,293	2,992
12 Months or More	935	3,823
Total	2,228	6,815
Gross Unrealized Losses
Less Than 12 Months	31	60
12 Months or More	27	89
Total	58	149
ABS
Fair Value
Less Than 12 Months	3,620	2,599
12 Months or More	7,711	8,138
Total	11,331	10,737
Gross Unrealized Losses
Less Than 12 Months	86	110
12 Months or More	766	974
Total	$ 852	$ 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		Dec. 31, 2024	Dec. 31, 2023
Amortized Cost, Net of Allowance
Due in one year or less		$ 3,723
Due after one year through five years		23,176
Due after five years through ten years		25,278
Due after ten years		82,782
Mortgage-backed, asset-backed and collateralized		55,980
Total		190,939
Fair Value
Due in one year or less		3,700
Due after one year through five years		22,678
Due after five years through ten years		23,769
Due after ten years		66,264
Mortgage-backed, asset-backed and collateralized		54,429
Total	[1]	$ 170,840	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fixed maturity securities
Gross Realized Gains	$ 80	$ 100	$ 120
Gross Realized Losses	(1,274)	(451)	(677)
Net Investment Income [Line Items]
Aggregate fair value of available for sale securities sold	7,900	7,600	10,000
Net realized gains (losses)	(1,194)	(351)	(557)
Fortitude RE Funds Withheld Assets
Net Investment Income [Line Items]
Net realized gains (losses)	$ (53)	$ (73)	$ (232)

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		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities	[1]	$ 5,262	$ 4,578
Equity securities	[1]	56	63
Total
Debt and Equity Securities, FV-NI [Line Items]
Total		$ 5,318	$ 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		$ 5,262	$ 4,578
Fixed maturity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		99%	99%
Fixed maturity securities | U.S. government and government sponsored entities
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 188	$ 0
Fixed maturity securities | U.S. government and government sponsored entities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		4%	0%
Fixed maturity securities | Obligations of states, municipalities and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 34	$ 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		$ 27	$ 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)		1%	0%
Fixed maturity securities | Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 2,936	$ 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		$ 2,077	$ 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)		39%	41%
Fixed maturity securities | RMBS
Debt and Equity Securities, FV-NI [Line Items]
Total fixed maturity securities		$ 151	$ 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		$ 220	$ 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		$ 478	$ 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		$ 1,228	$ 1,051
Fixed maturity securities | ABS | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		23%	23%
Equity securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities		$ 56	$ 63
Equity securities | Investment Concentration Risk | Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)		1%	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) $ in Millions		Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Investments [Line Items]
Alternative Investment		$ 7,829	$ 7,690
Investment real estate		1,426	1,932
All other investments		596	635
Total	[1]	9,851	10,257
Accumulated depreciation on investment in real estate		$ 528	$ 680
Percentage of alternative investments in liquid funds		0.15	0.15
Percentage of alternative investments in illiquid funds		0.85	0.85
Fortitude Re Funds Withheld Assets
Investments [Line Items]
All other investments		$ 156	$ 156
Hedge Funds
Investments [Line Items]
Total		210	299
Private equity funds
Investments [Line Items]
Alternative Investment		5,934	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	Dec. 31, 2024	Dec. 31, 2023
Equity Method Investments, Joint Ventures, Investments, Debt And Equity Securities [Abstract]
Carrying amount of equity method investments	$ 2.6	$ 2.9

Investments - Schedule of equit

Investments - Schedule of equity method investments summarized financial information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Investments [Line Items]
Total revenues	$ 18,781	$ 18,878	$ 24,697
Net income	2,230	1,104	8,159
Total VIE Assets	389,397	379,270
Total liabilities	(377,071)	(366,635)
Equity Method Investee
Investments [Line Items]
Total revenues	3,400	2,319	6,316
Total expenses	(652)	(521)	(579)
Net income	2,748	1,798	$ 5,737
Total VIE Assets	26,231	33,168
Total liabilities	$ (1,338)	$ (1,672)

Investments - Components of net

Investments - Components of net investment income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net Investment Income [Line Items]
Total investment income	$ 12,993	$ 11,657	$ 10,056
Investment expenses	765	579	480
Net investment income	12,228	11,078	9,576
Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	11,592	10,260	9,134
Investment expenses	734	550	449
Net investment income	10,858	9,710	8,685
Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	1,401	1,397	922
Investment expenses	31	29	31
Net investment income	1,370	1,368	891
Available-for-sale fixed maturity securities, including short-term investments
Net Investment Income [Line Items]
Total investment income	9,536	8,716	7,679
Available-for-sale fixed maturity securities, including short-term investments | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	8,796	7,894	6,725
Available-for-sale fixed maturity securities, including short-term investments | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	740	822	954
Other fixed maturity securities
Net Investment Income [Line Items]
Total investment income	369	340	(408)
Other fixed maturity securities | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	43	49	(30)
Other fixed maturity securities | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	326	291	(378)
Equity securities
Net Investment Income [Line Items]
Total investment income	4	40	(82)
Equity securities | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	4	40	(82)
Equity securities | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	0	0	0
Interest on mortgage and other loans
Net Investment Income [Line Items]
Total investment income	2,678	2,359	1,879
Interest on mortgage and other loans | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	2,485	2,160	1,703
Interest on mortgage and other loans | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	193	199	176
Alternative investments
Net Investment Income [Line Items]
Total investment income	305	104	845
Alternative investments | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	159	18	675
Alternative investments | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	146	86	170
Real estate
Net Investment Income [Line Items]
Total investment income	41	38	43
Real estate | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	45	38	43
Real estate | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	(4)	0	0
Other investments
Net Investment Income [Line Items]
Total investment income	60	60	100
Other investments | Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	60	61	100
Other investments | Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	$ 0	$ (1)	$ 0

Investments - Components of n_2

Investments - Components of net realized gains (losses) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Components of net realized capital gains (losses)
Sales of fixed maturity securities	$ (1,194)	$ (351)	$ (557)
Index-Linked interest credited embedded derivatives, net of related hedges	859	1,500	(1,100)
Net realized gains (losses)	(1,883)	(3,572)	6,091
Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(1,117)	(1,614)	141
Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(766)	(1,958)	5,950
Excluding Modified Coinsurance And Funds Withheld Embedded Derivative
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(1,194)	(351)	(557)
Intent to sell	(47)	0	0
Change in allowance for credit losses on fixed maturity securities	(244)	(171)	(146)
Foreign exchange transactions, net of related hedges	141	(205)	756
Index-Linked interest credited embedded derivatives, net of related hedges	(19)	(776)	(117)
All other derivatives and hedge accounting	(74)	(119)	(224)
Sales of alternative investments and real estate investments	180	48	222
Other	(60)	(60)	(70)
Net realized gains (losses)	(1,365)	(1,838)	(256)
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	(48)	(204)	(120)
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	(1,141)	(278)	(325)
Intent to sell	(15)	0	0
Change in allowance for credit losses on fixed maturity securities	(237)	(162)	(115)
Foreign exchange transactions, net of related hedges	134	(195)	695
Index-Linked interest credited embedded derivatives, net of related hedges	(19)	(776)	(117)
All other derivatives and hedge accounting	128	(53)	(43)
Sales of alternative investments and real estate investments	159	50	179
Other	(60)	(62)	(57)
Net realized gains (losses)	(1,117)	(1,614)	141
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	(66)	(138)	(76)
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	(53)	(73)	(232)
Intent to sell	(32)	0	0
Change in allowance for credit losses on fixed maturity securities	(7)	(9)	(31)
Foreign exchange transactions, net of related hedges	7	(10)	61
Index-Linked interest credited embedded derivatives, net of related hedges	0	0	0
All other derivatives and hedge accounting	(202)	(66)	(181)
Sales of alternative investments and real estate investments	21	(2)	43
Other	0	2	(13)
Net realized gains (losses)	(248)	(224)	(397)
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	18	(66)	(44)
Fortitude Re funds withheld embedded derivative
Components of net realized capital gains (losses)
Net realized gains (losses)	(518)	(1,734)	6,347
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
Fortitude Re funds withheld embedded derivative | Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	$ (518)	$ (1,734)	$ 6,347

Investments - Schedule of chang

Investments - Schedule of changes in unrealized appreciation (depreciation) of available for sale securities and other investments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	$ (1,631)	$ 5,990	$ (40,401)
Net gains (losses) recognized during the period on equity securities and other investments	412	281
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	28	58
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	384	223
Continuing Operations, Excluding Held-For-Sale
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	(1,700)	6,055
Fixed maturity securities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	(1,703)	6,042
Other investments
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Increase (decrease) in unrealized appreciation (depreciation) of investments	3	13
Equities
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	4	41
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	12	57
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	(8)	(16)
Other invested assets
Increase (decrease) in unrealized appreciation (depreciation) of investments:
Net gains (losses) recognized during the period on equity securities and other investments	408	240
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	16	1
Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date	$ 392	$ 239

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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 128	$ 148	$ 78
Additions:
Securities for which allowance for credit losses were not previously recorded	111	143	175
Reductions:
Securities sold during the period	(55)	(32)	(51)
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	133	28	(29)
Write-offs charged against the allowance	(199)	(159)	(25)
Other	1	0	0
Balance, end of period	119	128	148
Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	55	27	8
Additions:
Securities for which allowance for credit losses were not previously recorded	21	59	36
Reductions:
Securities sold during the period	(21)	(2)	(3)
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	46	(10)	(14)
Write-offs charged against the allowance	(68)	(19)	0
Other	0	0	0
Balance, end of period	33	55	27
Non-Structured
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	73	121	70
Additions:
Securities for which allowance for credit losses were not previously recorded	90	84	139
Reductions:
Securities sold during the period	(34)	(30)	(48)
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	87	38	(15)
Write-offs charged against the allowance	(131)	(140)	(25)
Other	1	0	0
Balance, end of period	$ 86	$ 73	$ 121

Investments - Pledged investmen

Investments - Pledged investments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	$ 2,921	$ 2,655
Securities collateral pledged to us	2,921	2,655
Amounts borrowed under repurchase and securities lending agreements	3,000	2,500
Securities pledged under repurchase agreements	687	2,655
Securities pledged under securities lending agreements	2,234
Reverse repurchase agreements	120	0
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	9,500	8,100
Federal Home Loan Bank stock	279	268
Loans	53,539	47,565
Policyholder contract deposits	173,695	162,050	$ 156,058
Guaranteed Investment Contract
Financial Instruments Owned and Pledged as Collateral [Line Items]
Policyholder contract deposits	47	53
Asset Pledged as Collateral | Federal Home Loan Bank Advances
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	4,200	4,800
Loans	3,200	3,000
Asset Pledged as Collateral | Deposits
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	62	63
Asset Pledged as Collateral | Collateralized Reinsurance Transactions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Available for sale debt securities	546	490
Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		209
Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	687	2,446
Securities pledged under securities lending agreements	2,234
Overnight and Continuous
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	12	38
Securities pledged under securities lending agreements	0
Overnight and Continuous | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		0
Overnight and Continuous | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	12	38
Securities pledged under securities lending agreements	0
Up to 30 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	675	2,617
Securities pledged under securities lending agreements	2,234
Up to 30 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		209
Up to 30 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	675	2,408
Securities pledged under securities lending agreements	2,234
31 - 90 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Securities pledged under securities lending agreements	0
31 - 90 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		0
31 - 90 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Securities pledged under securities lending agreements	0
91 - 364 Days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Securities pledged under securities lending agreements	0
91 - 364 Days | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		0
91 - 364 Days | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Securities pledged under securities lending agreements	0
365 Days or Greater
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	0
Securities pledged under securities lending agreements	0
365 Days or Greater | Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		0
365 Days or Greater | Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements	0	$ 0
Securities pledged under securities lending agreements	$ 0

Lending Activities - Compositio

Lending Activities - Composition of mortgages and other loans receivable (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 53,539	$ 47,565
Allowance for credit losses		(771)	(698)	$ (600)	$ (496)
Mortgage and other loans receivable, net	[1]	52,768	46,867
Off-balance-sheet commitments		20	58
Commercial Mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		35,795	34,172
Allowance for credit losses		$ (626)	$ (614)	(531)	$ (423)
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		$ 20	$ 58	$ 60
Loans on nonaccrual status		1,000	419
Accrued interest receivable		$ 154	$ 162
Commercial Mortgages | New York
Composition of Mortgages and other loans receivable
Weighted average loan-to-value ratio (as a percent)		65%	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		18%	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		$ 12,735	$ 8,445
Loans on nonaccrual status		93	27
Accrued interest receivable		71	20
Life insurance policy loans
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		1,726	1,746
Commercial loans, other loans and notes receivable
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 3,283	$ 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) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 53,539	$ 47,565
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	4,539	2,447
Financing receivable, excluding accrued interest, year two	2,559	7,159
Financing receivable, excluding accrued interest, year three	7,279	3,275
Financing receivable, excluding accrued interest, year four	2,677	1,564
Financing receivable, excluding accrued interest, year five	1,461	4,969
Prior	17,280	14,758
Total	35,795	34,172
Less than 65% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	3,726	2,088
Financing receivable, excluding accrued interest, year two	2,234	4,470
Financing receivable, excluding accrued interest, year three	4,915	2,249
Financing receivable, excluding accrued interest, year four	2,001	1,126
Financing receivable, excluding accrued interest, year five	701	2,676
Prior	10,903	10,186
Total	24,480	22,795
65% to 75% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	813	280
Financing receivable, excluding accrued interest, year two	325	1,748
Financing receivable, excluding accrued interest, year three	2,084	658
Financing receivable, excluding accrued interest, year four	323	287
Financing receivable, excluding accrued interest, year five	556	1,916
Prior	3,841	2,853
Total	7,942	7,742
76% to 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	0	0
Financing receivable, excluding accrued interest, year two	0	343
Financing receivable, excluding accrued interest, year three	0	89
Financing receivable, excluding accrued interest, year four	220	0
Financing receivable, excluding accrued interest, year five	0	377
Prior	592	340
Total	812	1,149
Greater than 80% | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	0	79
Financing receivable, excluding accrued interest, year two	0	598
Financing receivable, excluding accrued interest, year three	280	279
Financing receivable, excluding accrued interest, year four	133	151
Financing receivable, excluding accrued interest, year five	204	0
Prior	1,944	1,379
Total	2,561	2,486
Greater than 1.2X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	3,997	2,156
Financing receivable, excluding accrued interest, year two	2,275	6,042
Financing receivable, excluding accrued interest, year three	6,429	1,955
Financing receivable, excluding accrued interest, year four	2,589	1,252
Financing receivable, excluding accrued interest, year five	1,247	4,813
Prior	14,763	11,675
Total	31,300	27,893
1.00 - 1.20X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	542	291
Financing receivable, excluding accrued interest, year two	284	1,077
Financing receivable, excluding accrued interest, year three	825	1,320
Financing receivable, excluding accrued interest, year four	88	312
Financing receivable, excluding accrued interest, year five	214	156
Prior	1,413	2,334
Total	3,366	5,490
Less than 1.00X | Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	0	0
Financing receivable, excluding accrued interest, year two	0	40
Financing receivable, excluding accrued interest, year three	25	0
Financing receivable, excluding accrued interest, year four	0	0
Financing receivable, excluding accrued interest, year five	0	0
Prior	1,104	749
Total	$ 1,129	$ 789

Lending Activities - Credit q_2

Lending Activities - Credit quality performance indicators for commercial mortgages (Details) $ in Millions	Dec. 31, 2024 USD ($) loan	Dec. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 53,539	$ 47,565
Allowance for credit losses	$ 771	$ 698	$ 600	$ 496
Commercial Mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	595	601
Total	$ 35,795	$ 34,172
Allowance for credit losses	$ 626	$ 614	$ 531	$ 423
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	591	600
Total	$ 35,155	$ 34,154
Percent of Total	98%	100%
Commercial Mortgages | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	2	1
Total	$ 343	$ 18
Percent of Total	1%	0%
Commercial Mortgages | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans | loan	2	0
Total	$ 297	$ 0
Percent of Total	1%	0%
Commercial Mortgages | Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 14,188	$ 13,861
Allowance for credit losses	36	85
Commercial Mortgages | Apartments | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	14,188	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	8,359	8,486
Allowance for credit losses	430	340
Commercial Mortgages | Offices | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	7,905	8,468
Commercial Mortgages | Offices | 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	343	18
Commercial Mortgages | Offices | >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	111	0
Commercial Mortgages | Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total	4,085	3,787
Allowance for credit losses	103	74
Commercial Mortgages | Retail | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,899	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	186	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	21
Commercial Mortgages | Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total	6,763	5,908
Allowance for credit losses	28	83
Commercial Mortgages | Industrial | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	6,763	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	1,947	1,805
Allowance for credit losses	29	27
Commercial Mortgages | Hotel | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,947	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	453	325
Allowance for credit losses	0	5
Commercial Mortgages | Others | In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	453	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	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 53,539	$ 47,565
Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	3,349	1,950
Financing receivable, excluding accrued interest, year two	2,131	1,412
Financing receivable, excluding accrued interest, year three	1,557	2,964
Financing receivable, excluding accrued interest, year four	3,027	837
Financing receivable, excluding accrued interest, year five	819	388
Prior	1,852	894
Total	12,735	8,445
Residential mortgages | Consumer Borrower
Financing Receivable, Credit Quality Indicator [Line Items]
Total	8,400	6,700
780 and greater | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	1,075	514
Financing receivable, excluding accrued interest, year two	667	528
Financing receivable, excluding accrued interest, year three	690	2,280
Financing receivable, excluding accrued interest, year four	2,258	619
Financing receivable, excluding accrued interest, year five	617	239
Prior	863	497
Total	6,170	4,677
720 - 779 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	1,647	1,121
Financing receivable, excluding accrued interest, year two	1,095	608
Financing receivable, excluding accrued interest, year three	579	558
Financing receivable, excluding accrued interest, year four	582	168
Financing receivable, excluding accrued interest, year five	149	99
Prior	440	209
Total	4,492	2,763
660 - 719 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	609	313
Financing receivable, excluding accrued interest, year two	355	256
Financing receivable, excluding accrued interest, year three	235	113
Financing receivable, excluding accrued interest, year four	150	40
Financing receivable, excluding accrued interest, year five	38	37
Prior	336	120
Total	1,723	879
600 - 659 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	15	2
Financing receivable, excluding accrued interest, year two	12	20
Financing receivable, excluding accrued interest, year three	34	11
Financing receivable, excluding accrued interest, year four	25	8
Financing receivable, excluding accrued interest, year five	10	9
Prior	146	51
Total	242	101
Less than 600 | Residential mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, excluding accrued interest, year one	3	0
Financing receivable, excluding accrued interest, year two	2	0
Financing receivable, excluding accrued interest, year three	19	2
Financing receivable, excluding accrued interest, year four	12	2
Financing receivable, excluding accrued interest, year five	5	4
Prior	67	17
Total	$ 108	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	$ 698	$ 600	$ 496
Loans charged off	(13)	(106)	(13)
Net charge-offs	(13)	(106)	(13)
Addition to (release of) allowance for loan losses	86	204	117
Provision for loan losses	0	0	0
Divestitures	0	0	0
Allowance, end of period	771	698	600
Off-balance-sheet commitments	20	58
Commercial Mortgages
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	614	531	423
Loans charged off	(6)	(106)	(13)
Net charge-offs	(6)	(106)	(13)
Addition to (release of) allowance for loan losses	18	189	121
Provision for loan losses	0	0	0
Divestitures	0	0	0
Allowance, end of period	626	614	531
Off-balance-sheet commitments	20	58	60
Other Loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	84	69	73
Loans charged off	(7)	0	0
Net charge-offs	(7)	0	0
Addition to (release of) allowance for loan losses	68	15	(4)
Provision for loan losses	0	0	0
Divestitures	0	0	0
Allowance, end of period	$ 145	$ 84	$ 69

Lending Activities - Loan modif

Lending Activities - Loan modification (Details) $ in Millions	12 Months Ended
	Dec. 31, 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	$ 191
Commercial Mortgage Loans | Extended Maturity | Fortitude RE
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	62
Commercial loans, other loans and notes receivable | Extended Maturity
Composition of Mortgages and other loans receivable
Amortized cost of commercial mortgage loans	$ 168

Reinsurance - Schedule of reins

Reinsurance - Schedule of reinsurance assets and liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets:
Total Assets	$ 26,493	$ 28,392
Liabilities:
Future policy benefits for life and accident and health insurance contracts	56,272	57,108	$ 50,518
Policyholder contract deposits	173,695	162,050	156,058
Other policyholder funds	2,873	2,862	$ 2,885
Total Liabilities	232,840	222,020
Excluding Fortitude
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	1,560	1,620
Fortitude RE
Assets:
Reinsurance assets, net of allowance for credit losses and disputes	$ 24,933	$ 26,772

Reinsurance - Schedule of premi

Reinsurance - Schedule of premiums written and earned (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Policy Fees
Net Amount	$ 4,600	$ 7,691	$ 5,091
Long-Duration Insurance
Premiums
Direct	4,075	4,706	4,739
Assumed	1,320	4,111	1,318
Ceded	(795)	(1,126)	(966)
Net	4,600	7,691	5,091
Policy Fees
Direct	2,978	2,873	2,992
Assumed	0	0	0
Ceded	(77)	(76)	(78)
Net Amount	$ 2,901	$ 2,797	$ 2,914

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details)	Dec. 31, 2024 USD ($) agreement	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($) agreement	Mar. 31, 2023 USD ($)	Dec. 31, 2016 USD ($)	Jul. 01, 2016 USD ($)
Effects of Reinsurance [Line Items]
Reinsurance assets due from reinsurers (as a percent)	5%
Number of affiliated reinsurance agreement | agreement			1
Number of bilateral letter of credit | agreement	1
Letter of credit	$ 226,000,000
Reinsurance recoverables	$ 26,500,000,000
Investment grade reinsurance recoverables (as a percent)	95%
Non-investment grade reinsurance recoverables (as a percent)	5%
Fortitude Holdings | Carrying Value
Effects of Reinsurance [Line Items]
Reinsurance assets at fair value	$ 24,300,000,000	$ 26,000,000,000
Corebridge
Effects of Reinsurance [Line Items]
Reserves ceded			$ 2,000,000,000	$ 2,000,000,000	$ 14,000,000,000
Letter of credit	125,000,000
Legacy Life And Retirement Run Off Lines Segment Member
Effects of Reinsurance [Line Items]
Reserves ceded	24,900,000,000	26,800,000,000
Reinsurance assets	$ 24,900,000,000	$ 26,800,000,000
Life And Universal Segment | Corebridge
Effects of Reinsurance [Line Items]
Reserves ceded						$ 5,000,000,000
Liability for future policy benefits, losses, claims and loss expense reserves Recaptured			$ 1,000,000,000	$ 1,000,000,000	$ 16,000,000,000

Reinsurance - Summary of the co

Reinsurance - Summary of the composition of pool of assets (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Effects of Reinsurance [Line Items]
Bonds available-for-sale	[1]	$ 170,840	$ 166,527
Fixed maturity securities - fair value option	[1]	5,262	4,578
Loans		53,539	47,565
Real estate investments		1,426	1,932
Private equity funds/hedge funds		7,829	7,690
Short-term Investments	[1]	4,981	4,336
Derivative assets net, carrying value		193	393
Derivative assets net, fair value		7,250	5,925
Other assets	[1]	1,844	2,294
Total assets		389,397	379,270
Carrying Value
Effects of Reinsurance [Line Items]
Short-term Investments		3,542	2,928
Other assets		14	13
Commercial Mortgages
Effects of Reinsurance [Line Items]
Loans		35,795	34,172
Policy loans
Effects of Reinsurance [Line Items]
Loans		1,726	1,746
Fortitude Holdings
Effects of Reinsurance [Line Items]
Derivative asset, fair value of collateral		7	62
Derivative liability, Fair value of collateral		182	6
Fortitude Holdings | Carrying Value
Effects of Reinsurance [Line Items]
Bonds available-for-sale		13,254	15,204
Fixed maturity securities - fair value option		4,914	4,212
Real estate investments		158	184
Private equity funds/hedge funds		1,893	1,910
Short-term Investments		274	129
Funds withheld investment assets		24,032	25,347
Derivative assets net, carrying value		2	45
Other assets		429	641
Total assets		24,463	26,033
Total		24,300	26,000
Fortitude Holdings | Fair Value
Effects of Reinsurance [Line Items]
Bonds available-for-sale		13,254	15,204
Fixed maturity securities - fair value option		4,914	4,212
Real estate investments		227	329
Private equity funds/hedge funds		1,893	1,910
Short-term Investments		274	129
Funds withheld investment assets		23,860	25,271
Derivative assets net, fair value		2	45
Other assets		429	641
Total		24,291	25,957
Fortitude Holdings | Commercial Mortgages | Carrying Value
Effects of Reinsurance [Line Items]
Loans		3,224	3,378
Fortitude Holdings | Commercial Mortgages | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		2,983	3,157
Fortitude Holdings | Policy loans | Carrying Value
Effects of Reinsurance [Line Items]
Loans		315	330
Fortitude Holdings | Policy loans | Fair Value
Effects of Reinsurance [Line Items]
Mortgage and other loans receivable		$ 315	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	$ 12,228	$ 11,078	$ 9,576
Net realized losses on Fortitude Re funds withheld assets	(1,883)	(3,572)	6,091
Income (loss) before income tax expense (benefit)	2,803	940	10,491
Income tax expense (benefit)	600	(96)	2,012
Net income (loss)	2,203	1,036	8,479
Comprehensive income (loss)	2,026	4,452	(16,627)
Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	1,370	1,368	891
Fortitude Holdings
Effects of Reinsurance [Line Items]
Net investment income - Fortitude Re funds withheld assets	1,370	1,368	891
Net realized losses on Fortitude Re funds withheld assets	(766)	(1,958)	5,950
Income (loss) before income tax expense (benefit)	604	(590)	6,841
Income tax expense (benefit)	127	(124)	1,437
Net income (loss)	477	(466)	5,404
Comprehensive income (loss)	75	25	340
Fortitude Holdings | Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net realized losses on Fortitude Re funds withheld assets	(248)	(224)	(397)
Fortitude Holdings | Fortitude Re funds withheld assets | Embedded derivatives
Effects of Reinsurance [Line Items]
Net realized losses on Fortitude Re funds withheld assets	(518)	(1,734)	6,347
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	$ (402)	$ 491	$ (5,064)

Reinsurance - Rollforward of th

Reinsurance - Rollforward of the reinsurance recoverable allowance for credit losses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Reinsurance Recoverable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of year	$ 30	$ 84	$ 101
Current period provision for expected credit losses and disputes	(8)	(5)	8
Write-offs charged against the allowance for credit losses and disputes	(10)	(49)	0
Other changes	0	0	(25)
Balance, end of year	$ 12	$ 30	$ 84

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Millions		Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
Assets:
Bonds available-for-sale	[1]	$ 170,840		$ 166,527
Other bond securities, at fair value	[1]	5,262		4,578
Equity securities	[1]	56		63
Mortgage and other loans receivable	[1]	52,768		46,867
Other invested assets	[1]	9,851		10,257
Short-term Investments	[1]	4,981		4,336
Cash		806	[1]	612	[1]	$ 552
Accrued investment income	[1]	2,169		2,008
Other assets	[1]	1,844		2,294
Total assets		389,397		379,270
Liabilities:
Short-term and long-term debt		12,392		11,872
Total liabilities		377,071		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		38		112
Other bond securities, at fair value		44		45
Equity securities		2		8
Mortgage and other loans receivable		1,919		1,941
Short-term Investments		132		130
Cash		75		61
Accrued investment income		7		7
Other assets		77		95
Total assets		5,653		6,582
Liabilities:
Short-term and long-term debt		1,635		2,266
Other liabilities		78		83
Total liabilities		1,713		2,349
Consolidated VIE | Alternative investments
Assets:
Other invested assets		2,433		2,695
Consolidated VIE | Investment real estate
Assets:
Other invested assets		926		1,488
Consolidated VIE | Real Estate and Investment Entities
Assets:
Bonds available-for-sale		38		36
Other bond securities, at fair value		44		45
Equity securities		2		8
Mortgage and other loans receivable		0		0
Short-term Investments		131		125
Cash		75		61
Accrued investment income		2		2
Other assets		77		93
Total assets		3,728		4,553
Liabilities:
Short-term and long-term debt		658		1,117
Other liabilities		78		82
Total liabilities		736		1,199
Consolidated VIE | Real Estate and Investment Entities | Alternative investments
Assets:
Other invested assets		2,433		2,695
Consolidated VIE | Real Estate and Investment Entities | Investment real estate
Assets:
Other invested assets		926		1,488
Consolidated VIE | Securitization and Repackaging Vehicles
Assets:
Bonds available-for-sale		0		76
Other bond securities, at fair value		0		0
Equity securities		0		0
Mortgage and other loans receivable		1,919		1,941
Short-term Investments		1		5
Cash		0		0
Accrued investment income		5		5
Other assets		0		2
Total assets		1,925		2,029
Liabilities:
Short-term and long-term debt		977		1,149
Other liabilities		0		1
Total liabilities		977		1,150
Consolidated VIE | Securitization and Repackaging Vehicles | Alternative investments
Assets:
Other invested assets		0		0
Consolidated VIE | Securitization and Repackaging 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
VARIABLE INTEREST ENTITY
Total revenue	$ 18,781	$ 18,878	$ 24,697
Net income (loss) attributable to noncontrolling interests	(27)	(68)	320
Net income (loss) attributable to Corebridge	2,230	1,104	8,159
Consolidated VIE
VARIABLE INTEREST ENTITY
Total revenue	172	142	910
Net income (loss) attributable to noncontrolling interests	(27)	(68)	321
Net income (loss) attributable to Corebridge	89	107	361
Consolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total revenue	104	11	681
Net income (loss) attributable to noncontrolling interests	(27)	(68)	318
Net income (loss) attributable to Corebridge	47	13	314
Consolidated VIE | Securitization and Repackaging Vehicles
VARIABLE INTEREST ENTITY
Total revenue	68	131	229
Net income (loss) attributable to noncontrolling interests	0	0	3
Net income (loss) attributable to Corebridge	$ 42	$ 94	$ 47

Variable Interest Entities - Un

Variable Interest Entities - Unconsolidated VIEs (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
VARIABLE INTEREST ENTITY
Maximum Exposure to Loss, On-Balance Sheet		$ 389,397	$ 379,270
Other investments	[1]	9,851	10,257
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets		463,464	398,978
Maximum Exposure to Loss, On-Balance Sheet		5,837	5,532
Maximum Exposure to Loss, Off-Balance Sheet		2,800	2,870
Total		8,637	8,402
Other investments		5,800	5,500
Unconsolidated VIE | Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total VIE Assets		463,464	398,978
Maximum Exposure to Loss, On-Balance Sheet		5,837	5,532
Maximum Exposure to Loss, Off-Balance Sheet		2,800	2,870
Total		$ 8,637	$ 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	Dec. 31, 2024	Dec. 31, 2023
VARIABLE INTEREST ENTITY
Total VIE Assets	$ 389,397	$ 379,270
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets	5,837	5,532
Unconsolidated VIE | RMBS, CMBS, Oher ABS, And CLOs
VARIABLE INTEREST ENTITY
Total VIE Assets	2,600	3,100
Off-balance sheet exposure associated with VIEs	2,500	$ 2,200
Unconsolidated VIE | RMBS, CMBS, Oher ABS, And CLOs
VARIABLE INTEREST ENTITY
Unfunded Commitments	$ 595

Derivatives and Hedge Account_3

Derivatives and Hedge Accounting - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Credit derivatives:
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	$ (218,000,000)	$ 13,000,000	$ 223,000,000
Reclassification into interest expense	28,000,000	28,000,000	21,000,000
Amounts to be reclassified in the next 30 years	$ 146,000,000
Maximum duration of hedging relationship	30 years
Amounts to be reclassified in the next twelve months	$ 28,000,000
Amounts excluded from the assessment of hedge effectiveness that are recognized into earnings	0
Fair value of hybrid securities	0	0
Par value of hybrid securities	25,000,000	25,000,000
Currency Swap
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	6,000,000	(3,000,000)	$ 9,000,000
Net Investment Income
Credit derivatives:
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(41,000,000)	(2,000,000)
Nonrelated Party
Credit derivatives:
Collateral posted	1,400,000,000	1,400,000,000
Collateral obtained from third parties for derivative transactions	2,700,000,000	1,900,000,000
Related Party
Credit derivatives:
Collateral posted	0	0
Collateral obtained from third parties for derivative transactions	$ 21,000,000	$ 377,000,000

Derivatives and Hedge Account_4

Derivatives and Hedge Accounting - Notional amounts and fair values of derivative instruments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Gross Derivative Assets
Notional Amount	$ 152,304	$ 173,953
Fair Value	7,250	5,925
Counterparty Netting	(4,494)	(3,646)
Cash Collateral	(2,563)	(1,886)
Total derivative assets	193	393
Gross Derivative Liabilities
Notional Amount	76,430	68,961
Fair Value	5,268	4,588
Counterparty Netting	(4,494)	(3,646)
Cash Collateral	(664)	(801)
Total derivative liabilities on consolidated balance sheet	110	141
Bifurcated embedded derivatives assets, fair value	0	0
Bifurcated embedded derivative liabilities, fair value	11,800	10,200
Derivatives designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	2,378	2,213
Fair Value	217	238
Gross Derivative Liabilities
Notional Amount	11,853	833
Fair Value	414	18
Derivatives designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	7,062	2,918
Fair Value	558	354
Gross Derivative Liabilities
Notional Amount	978	4,829
Fair Value	46	164
Derivatives not designated as hedging instruments | Interest rate contracts
Gross Derivative Assets
Notional Amount	46,448	41,056
Fair Value	2,703	2,709
Gross Derivative Liabilities
Notional Amount	36,575	41,225
Fair Value	3,038	3,260
Derivatives not designated as hedging instruments | Foreign exchange contracts
Gross Derivative Assets
Notional Amount	10,360	6,260
Fair Value	713	586
Gross Derivative Liabilities
Notional Amount	2,857	7,878
Fair Value	222	399
Derivatives not designated as hedging instruments | Equity contracts
Gross Derivative Assets
Notional Amount	41,040	76,561
Fair Value	3,046	2,017
Gross Derivative Liabilities
Notional Amount	24,117	14,144
Fair Value	1,546	745
Derivatives not designated as hedging instruments | Credit contracts
Gross Derivative Assets
Notional Amount	0	305
Fair Value	0	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	45,016	44,640
Fair Value	13	13
Gross Derivative Liabilities
Notional Amount	45	47
Fair Value	$ 2	$ 2

Derivatives and Hedge Account_5

Derivatives and Hedge Accounting - Notional amounts of derivatives with related parties and third parties (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Gross Derivative Assets
Derivative asset, notional amount	$ 152,304	$ 173,953
Derivative assets net, fair value	7,250	5,925
Gross Derivative Liabilities
Notional Amount	76,430	68,961
Fair Value	5,268	4,588
Related Party
Gross Derivative Assets
Derivative asset, notional amount	2,126	53,163
Derivative assets net, fair value	21	622
Gross Derivative Liabilities
Notional Amount	0	5,720
Fair Value	0	232
Nonrelated Party
Gross Derivative Assets
Derivative asset, notional amount	150,178	120,790
Derivative assets net, fair value	7,229	5,303
Gross Derivative Liabilities
Notional Amount	76,430	63,241
Fair Value	$ 5,268	$ 4,356

Derivatives and Hedge Account_6

Derivatives and Hedge Accounting - Balance sheet location (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fixed maturity securities
Derivative [Line Items]
Carrying amount of hedged assets	$ 6,910	$ 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	(8,759)	(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	(21)	(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	$ 88	$ (31)

Derivatives and Hedge Account_7

Derivatives and Hedge Accounting - Fair value hedging relationships (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Interest Expense
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
Net Investment Income (Loss)
Derivative instruments gain (loss):
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net investment income	Net investment income	Net investment income
Derivatives designated as hedging instruments | Fair value hedging | Interest rate contracts | Interest Expense
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	$ (118)	$ 86	$ (156)
Gains/(losses) recognized in earnings for excluded components	0	0	0
Gain (losses) recognized in earnings on hedged items	119	(98)	151
Net Impact	1	(12)	(5)
Derivatives designated as hedging instruments | Fair value hedging | Interest rate contracts | Net Investment Income (Loss)
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	0	0	11
Gains/(losses) recognized in earnings for excluded components	0	0	0
Gain (losses) recognized in earnings on hedged items	0	1	(12)
Net Impact	0	1	(1)
Derivatives designated as hedging instruments | Fair value hedging | Foreign exchange contracts
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	385	(243)	459
Gains/(losses) recognized in earnings for excluded components	4	15	171
Gain (losses) recognized in earnings on hedged items	(385)	243	(459)
Net Impact	$ 4	$ 15	$ 171

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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (1,523)	$ (3,879)	$ 5,689
AIG
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	200	(1,100)	(2,500)
Excluding Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	392	(990)	817
Excluding Fortitude Re Funds Withheld Assets | AIG Life | Discontinued Operations, Disposed of by Sale
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	5	(13)
Fortitude Re funds withheld assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(172)	(90)	(121)
Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(518)	(1,734)	6,347
Policy fees
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	62	64	61
Net Investment Income (Loss)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	17	(10)	(10)
Policyholder benefits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(5)	0	(19)
Change in the Fair Value of market risk benefits, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(1,299)	(1,119)	(1,386)
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(750)	(397)	(2,386)
Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	339	(215)	1,028
Equity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	241	(120)	(483)
Credit contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	87	0	(1)
Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	62	64	64
Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	(984)	(1,477)	1,120
Embedded derivatives | Fortitude Re funds withheld embedded derivative
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (518)	$ (1,734)	$ 6,347

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs - Rollforward of LDTI and VOBA (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Deferred policy acquisition costs and value of business acquired	$ 10,293	$ 10,011	$ 10,563
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	10,485
Capitalization	1,377	1,260	1,059
Amortization expense	(1,056)	(1,034)	(1,011)
Other, including foreign exchange	(7)	36	(61)
Dispositions	(27)
Reclassified to Assets held-for-sale		(740)
Balance, end of year	10,281	9,994	10,472
Long-Duration Insurance Contracts | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,777	4,643	4,604
Capitalization	850	705	562
Amortization expense	(617)	(571)	(523)
Other, including foreign exchange	0	0	0
Dispositions	0
Reclassified to Assets held-for-sale		0
Balance, end of year	5,010	4,777	4,643
Long-Duration Insurance Contracts | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1,055	1,060	1,078
Capitalization	78	77	62
Amortization expense	(84)	(82)	(80)
Other, including foreign exchange	0	0	0
Dispositions	0
Reclassified to Assets held-for-sale		0
Balance, end of year	1,049	1,055	1,060
Long-Duration Insurance Contracts | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	4,092	4,718	4,765
Capitalization	411	450	414
Amortization expense	(342)	(372)	(401)
Other, including foreign exchange	(7)	36	(60)
Dispositions	(27)
Reclassified to Assets held-for-sale		(740)
Balance, end of year	4,127	4,092	4,718
Long-Duration Insurance Contracts | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	70	51	38
Capitalization	38	28	21
Amortization expense	(13)	(9)	(7)
Other, including foreign exchange	0	0	(1)
Dispositions	0
Reclassified to Assets held-for-sale		0
Balance, end of year	95	70	51
Value Of Business Acquired
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	17	91	113
Amortization expense	(4)	(8)	(9)
Other, including foreign exchange	(1)	8	(13)
Reclassified to Assets held-for-sale		(74)
Balance, end of year	12	17	91
Value Of Business Acquired | Individual Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	2	3	3
Amortization expense	(1)	(1)	0
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale		0
Balance, end of year	1	2	3
Value Of Business Acquired | Group Retirement
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	1	1	1
Amortization expense	(1)	0	0
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale		0
Balance, end of year	0	1	1
Value Of Business Acquired | Life Insurance
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	14	87	109
Amortization expense	(2)	(7)	(9)
Other, including foreign exchange	(1)	8	(13)
Reclassified to Assets held-for-sale		(74)
Balance, end of year	11	14	87
Value Of Business Acquired | Institutional Markets
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	0	0	0
Amortization expense	0	0	0
Other, including foreign exchange	0	0	0
Reclassified to Assets held-for-sale		0
Balance, end of year	$ 0	$ 0	$ 0

Deferred Policy Acquisition C_4

Deferred Policy Acquisition Costs - Rollforward of DSI (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Movement in Deferred Sales Inducements [Roll Forward]
Other assets, including restricted cash	$ 10,293	$ 10,011	$ 10,563
Deferred Sale Inducements
Movement in Deferred Sales Inducements [Roll Forward]
Balance, beginning of year	497	558	619
Capitalization	6	8	9
Amortization expense	(63)	(69)	(70)
Balance, end of period	440	497	558
Other reconciling items	1,404	1,797	1,963
Other assets, including restricted cash	1,844	2,294	2,521
Deferred Sale Inducements | Individual Retirement
Movement in Deferred Sales Inducements [Roll Forward]
Balance, beginning of year	333	381	428
Capitalization	5	7	9
Amortization expense	(50)	(55)	(56)
Balance, end of period	288	333	381
Deferred Sale Inducements | Group Retirement
Movement in Deferred Sales Inducements [Roll Forward]
Balance, beginning of year	164	177	191
Capitalization	1	1	0
Amortization expense	(13)	(14)	(14)
Balance, end of period	$ 152	$ 164	$ 177

Separate Account Assets and L_3

Separate Account Assets and Liabilities - Separate account assets (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 93,888	$ 91,005
Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	58,540	55,538
Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	8,510	8,676
Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	25,156	25,166
Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,682	1,625
Individual Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	48,818	47,893
Individual Retirement | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	26,822	25,451
Individual Retirement | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	4,092	4,037
Individual Retirement | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	17,230	17,711
Individual Retirement | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	674	694
Group Retirement
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	39,672	38,188
Group Retirement | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	30,097	28,675
Group Retirement | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	3,070	3,292
Group Retirement | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	5,666	5,479
Group Retirement | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	839	742
Life Insurance
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,059	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	53	53
Life Insurance | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	15	16
Institutional Markets
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	4,339	3,992
Institutional Markets | Equity funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	676	593
Institutional Markets | Bond funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	1,302	1,303
Institutional Markets | Balanced funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	2,207	1,923
Institutional Markets | Money market funds
Fair Value, Separate Account Investment [Line Items]
Separate account assets, at fair value	$ 154	$ 173

Separate Account Assets and L_4

Separate Account Assets and Liabilities - Separate account liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	$ 91,005	$ 84,853	$ 109,111
Premiums and deposits	2,948	2,859	4,137
Policy charges	(1,777)	(1,824)	(1,937)
Surrenders and withdrawals	(9,615)	(7,537)	(5,925)
Benefit payments	(1,674)	(1,476)	(1,576)
Investment performance	13,205	14,067	(18,860)
Net transfers from (to) general account and other	(204)	63	(97)
Separate accounts balance, end of period	93,888	91,005	84,853
Cash surrender value	92,872	89,808	83,588
Individual Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	47,893	45,178	57,927
Premiums and deposits	1,350	1,408	2,420
Policy charges	(1,157)	(1,241)	(1,325)
Surrenders and withdrawals	(5,267)	(3,744)	(3,320)
Benefit payments	(965)	(844)	(898)
Investment performance	6,875	6,933	(9,861)
Net transfers from (to) general account and other	89	203	235
Separate accounts balance, end of period	48,818	47,893	45,178
Cash surrender value	47,920	46,911	44,124
Group Retirement
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	38,188	34,361	45,138
Premiums and deposits	1,441	1,374	1,611
Policy charges	(475)	(441)	(461)
Surrenders and withdrawals	(4,223)	(3,047)	(2,452)
Benefit payments	(674)	(557)	(613)
Investment performance	5,751	6,666	(8,479)
Net transfers from (to) general account and other	(336)	(168)	(383)
Separate accounts balance, end of period	39,672	38,188	34,361
Cash surrender value	39,576	37,992	34,169
Life Insurance
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	932	799	1,044
Premiums and deposits	34	36	37
Policy charges	(47)	(49)	(51)
Surrenders and withdrawals	(34)	(25)	(22)
Benefit payments	(12)	(7)	(6)
Investment performance	192	181	(201)
Net transfers from (to) general account and other	(6)	(3)	(2)
Separate accounts balance, end of period	1,059	932	799
Cash surrender value	1,040	911	777
Institutional Markets
Separate Account, Liability [Roll Forward]
Separate accounts balance, beginning of year	3,992	4,515	5,002
Premiums and deposits	123	41	69
Policy charges	(98)	(93)	(100)
Surrenders and withdrawals	(91)	(721)	(131)
Benefit payments	(23)	(68)	(59)
Investment performance	387	287	(319)
Net transfers from (to) general account and other	49	31	53
Separate accounts balance, end of period	4,339	3,992	4,515
Cash surrender value	$ 4,336	$ 3,994	$ 4,518

Future Policy Benefits - Balanc

Future Policy Benefits - Balances of changes in liability for future policy benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Present value of expected net premiums
Balance, beginning of year	$ 9,352	$ 12,645	$ 15,643
Effect of changes in discount rate assumptions (AOCI)	1,526	1,938	(856)
Reclassified to Liabilities held-for-sale		(4,287)
Beginning balance at original discount rate	15,165	14,583	14,787
Effect of changes in cash flow assumptions		(68)	55	$ 123
Effect of actual variances from expected experience		13	82	(72)
Adjusted beginning of year balance	15,110	14,720	14,838
Issuances	910	1,277	1,358
Interest accrual	417	483	445
Net premium collected	(1,266)	(1,582)	(1,541)
Foreign exchange impact	(46)	265	(517)
Other	(1)	2	0
Dispositions	(5,108)
Ending balance at original discount rate	10,016	15,165	14,583
Effect of changes in discount rate assumptions (AOCI)	(858)	(1,526)	(1,938)
Balance, end of year	9,158	9,352	12,645
Present value of expected future policy benefits
Balance, beginning of year	58,237	55,506	70,643
Effect of changes in discount rate assumptions (AOCI)	5,217	7,310	(9,401)
Reclassified to Liabilities held-for-sale		5,119
Beginning balance at original discount rate	68,573	62,816	61,242
Effect of changes in cash flow assumptions		(104)	138	134
Effect of actual variances from expected experience		(5)	130	(122)
Adjusted beginning of year balance	68,464	63,084	61,254
Issuances	3,879	6,800	4,393
Interest accrual	2,809	2,664	2,620
Benefit payments	(4,486)	(4,665)	(4,203)
Foreign exchange impact	(222)	704	(996)
Other	(9)	(14)	(252)
Dispositions	(6,796)
Ending balance at original discount rate	63,639	68,573	62,816
Effect of changes in discount rate assumptions (AOCI)	(6,630)	(5,217)	(7,310)
Balance, end of year	57,009	58,237	55,506
Net liability for future policy benefits, end of year	47,851	48,885	42,861
Liability for future policy benefits for certain participating contracts	1,275	1,313	1,352
Liability for universal life policies	4,088	3,786	3,355
Deferred profit liability	2,494	2,511	2,303
Other reconciling items	564	613	647
Future policy benefits for life and accident and health insurance contracts	56,272	57,108	50,518
Less: Reinsurance recoverable:	(21,105)	(22,748)	(22,984)
Net liability for future policy benefits after reinsurance recoverable	35,167	34,360	27,534
Individual Retirement
Present value of expected net premiums
Balance, beginning of year	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	0	0	0
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		0	0	0
Adjusted beginning of year balance	0	0	0
Issuances	0	0	0
Interest accrual	0	0	0
Net premium collected	0	0	0
Foreign exchange impact	0	0	0
Other	0	0	0
Dispositions	0
Ending balance at original discount rate	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Balance, end of year	0	0	0
Present value of expected future policy benefits
Balance, beginning of year	1,353	1,223	1,373
Effect of changes in discount rate assumptions (AOCI)	132	167	(95)
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	1,485	1,390	1,278
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		(34)	(5)	(30)
Adjusted beginning of year balance	1,451	1,385	1,248
Issuances	123	173	216
Interest accrual	63	55	42
Benefit payments	(139)	(128)	(116)
Foreign exchange impact	0	0	0
Other	0	0	0
Dispositions	0
Ending balance at original discount rate	1,498	1,485	1,390
Effect of changes in discount rate assumptions (AOCI)	(165)	(132)	(167)
Balance, end of year	1,333	1,353	1,223
Net liability for future policy benefits, end of year	1,333	1,353	1,223
Liability for future policy benefits for certain participating contracts	0	0	0
Liability for universal life policies	0	0	0
Deferred profit liability	57	84	99
Other reconciling items	29	33	37
Future policy benefits for life and accident and health insurance contracts	1,419	1,470	1,359
Less: Reinsurance recoverable:	(4)	(4)	(4)
Net liability for future policy benefits after reinsurance recoverable	$ 1,415	$ 1,466	$ 1,355
Weighted average liability duration of the liability for future policy benefits (in years)	7 years 3 months 18 days	7 years 9 months 18 days	7 years 7 months 6 days
Group Retirement
Present value of expected net premiums
Balance, beginning of year	$ 0	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	0	0	0
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		0	0	0
Adjusted beginning of year balance	0	0	0
Issuances	0	0	0
Interest accrual	0	0	0
Net premium collected	0	0	0
Foreign exchange impact	0	0	0
Other	0	0	0
Dispositions	0
Ending balance at original discount rate	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Balance, end of year	0	0	0
Present value of expected future policy benefits
Balance, beginning of year	217	211	264
Effect of changes in discount rate assumptions (AOCI)	(3)	2	(46)
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	214	213	218
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		(3)	(2)	(2)
Adjusted beginning of year balance	211	211	216
Issuances	13	18	12
Interest accrual	11	11	10
Benefit payments	(25)	(26)	(26)
Foreign exchange impact	0	0	0
Other	(5)	0	1
Dispositions	0
Ending balance at original discount rate	205	214	213
Effect of changes in discount rate assumptions (AOCI)	(3)	3	(2)
Balance, end of year	202	217	211
Net liability for future policy benefits, end of year	202	217	211
Liability for future policy benefits for certain participating contracts	0	0	0
Liability for universal life policies	0	0	0
Deferred profit liability	11	10	12
Other reconciling items	0	0	0
Future policy benefits for life and accident and health insurance contracts	213	227	223
Less: Reinsurance recoverable:	0	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 213	$ 227	$ 223
Weighted average liability duration of the liability for future policy benefits (in years)	6 years 4 months 24 days	6 years 9 months 18 days	6 years 10 months 24 days
Life Insurance
Present value of expected net premiums
Balance, beginning of year	$ 8,379	$ 11,654	$ 14,369
Effect of changes in discount rate assumptions (AOCI)	1,482	1,872	(706)
Reclassified to Liabilities held-for-sale		(4,287)
Beginning balance at original discount rate	14,148	13,526	13,663
Effect of changes in cash flow assumptions		(57)	34	123
Effect of actual variances from expected experience		16	62	(79)
Adjusted beginning of year balance	14,107	13,622	13,707
Issuances	910	1,277	1,358
Interest accrual	375	437	397
Net premium collected	(1,153)	(1,464)	(1,418)
Foreign exchange impact	(46)	265	(517)
Other	(1)	11	(1)
Dispositions	(5,108)
Ending balance at original discount rate	9,084	14,148	13,526
Effect of changes in discount rate assumptions (AOCI)	(797)	(1,482)	(1,872)
Balance, end of year	8,287	8,379	11,654
Present value of expected future policy benefits
Balance, beginning of year	17,531	21,179	27,442
Effect of changes in discount rate assumptions (AOCI)	2,745	3,424	(2,717)
Reclassified to Liabilities held-for-sale		5,119
Beginning balance at original discount rate	25,395	24,603	24,725
Effect of changes in cash flow assumptions		(24)	62	140
Effect of actual variances from expected experience		35	122	(94)
Adjusted beginning of year balance	25,406	24,787	24,771
Issuances	895	1,266	1,374
Interest accrual	836	908	876
Benefit payments	(1,615)	(1,921)	(1,757)
Foreign exchange impact	(61)	345	(657)
Other	2	10	(4)
Dispositions	(6,796)
Ending balance at original discount rate	18,667	25,395	24,603
Effect of changes in discount rate assumptions (AOCI)	(1,720)	(2,745)	(3,424)
Balance, end of year	16,947	17,531	21,179
Net liability for future policy benefits, end of year	8,660	9,152	9,525
Liability for future policy benefits for certain participating contracts	12	13	14
Liability for universal life policies	4,034	3,731	3,300
Deferred profit liability	23	19	15
Other reconciling items	441	485	500
Future policy benefits for life and accident and health insurance contracts	13,170	13,400	13,354
Less: Reinsurance recoverable:	(664)	(719)	(1,107)
Net liability for future policy benefits after reinsurance recoverable	$ 12,506	$ 12,681	$ 12,247
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 8 months 12 days	12 years 9 months 18 days	12 years 2 months 12 days
Institutional Markets
Present value of expected net premiums
Balance, beginning of year	$ 0	$ 0	$ 0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	0	0	0
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		0	0	0
Adjusted beginning of year balance	0	0	0
Issuances	0	0	0
Interest accrual	0	0	0
Net premium collected	0	0	0
Foreign exchange impact	0	0	0
Other	0	0	0
Dispositions	0
Ending balance at original discount rate	0	0	0
Effect of changes in discount rate assumptions (AOCI)	0	0	0
Balance, end of year	0	0	0
Present value of expected future policy benefits
Balance, beginning of year	18,482	12,464	13,890
Effect of changes in discount rate assumptions (AOCI)	1,906	2,634	(870)
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	20,388	15,098	13,020
Effect of changes in cash flow assumptions		(41)	0	(6)
Effect of actual variances from expected experience		(3)	15	3
Adjusted beginning of year balance	20,344	15,113	13,017
Issuances	2,842	5,339	2,782
Interest accrual	897	664	459
Benefit payments	(1,229)	(1,087)	(821)
Foreign exchange impact	(161)	359	(339)
Other	0	0	0
Dispositions	0
Ending balance at original discount rate	22,693	20,388	15,098
Effect of changes in discount rate assumptions (AOCI)	(3,206)	(1,906)	(2,634)
Balance, end of year	19,487	18,482	12,464
Net liability for future policy benefits, end of year	19,487	18,482	12,464
Liability for future policy benefits for certain participating contracts	0	0	0
Liability for universal life policies	0	0	0
Deferred profit liability	1,587	1,543	1,281
Other reconciling items	0	0	0
Future policy benefits for life and accident and health insurance contracts	21,074	20,025	13,745
Less: Reinsurance recoverable:	(41)	(39)	(36)
Net liability for future policy benefits after reinsurance recoverable	$ 21,033	$ 19,986	$ 13,709
Weighted average liability duration of the liability for future policy benefits (in years)	11 years 2 months 12 days	12 years 1 month 6 days	10 years 9 months 18 days
Corporate and Other
Present value of expected net premiums
Balance, beginning of year	$ 973	$ 991	$ 1,274
Effect of changes in discount rate assumptions (AOCI)	44	66	(150)
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	1,017	1,057	1,124
Effect of changes in cash flow assumptions		(11)	21	0
Effect of actual variances from expected experience		(3)	20	7
Adjusted beginning of year balance	1,003	1,098	1,131
Issuances	0	0	0
Interest accrual	42	46	48
Net premium collected	(113)	(118)	(123)
Foreign exchange impact	0	0	0
Other	0	(9)	1
Dispositions	0
Ending balance at original discount rate	932	1,017	1,057
Effect of changes in discount rate assumptions (AOCI)	(61)	(44)	(66)
Balance, end of year	871	973	991
Present value of expected future policy benefits
Balance, beginning of year	20,654	20,429	27,674
Effect of changes in discount rate assumptions (AOCI)	437	1,083	(5,673)
Reclassified to Liabilities held-for-sale		0
Beginning balance at original discount rate	21,091	21,512	22,001
Effect of changes in cash flow assumptions		(39)	76	0
Effect of actual variances from expected experience		0	0	$ 1
Adjusted beginning of year balance	21,052	21,588	22,002
Issuances	6	4	9
Interest accrual	1,002	1,026	1,233
Benefit payments	(1,478)	(1,503)	(1,483)
Foreign exchange impact	0	0	0
Other	(6)	(24)	(249)
Dispositions	0
Ending balance at original discount rate	20,576	21,091	21,512
Effect of changes in discount rate assumptions (AOCI)	(1,536)	(437)	(1,083)
Balance, end of year	19,040	20,654	20,429
Net liability for future policy benefits, end of year	18,169	19,681	19,438
Liability for future policy benefits for certain participating contracts	1,263	1,300	1,338
Liability for universal life policies	54	55	55
Deferred profit liability	816	855	896
Other reconciling items	94	95	110
Future policy benefits for life and accident and health insurance contracts	20,396	21,986	21,837
Less: Reinsurance recoverable:	(20,396)	(21,986)	(21,837)
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 7 months 6 days	11 years 6 months	11 years 4 months 24 days

Future Policy Benefits - Narrat

Future Policy Benefits - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Term Life Insurance
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
(Decrease) increase in reserves	$ (1)	$ (1)	$ 26

Future Policy Benefits - Expect

Future Policy Benefits - Expected future benefits, expenses, and gross premiums (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	$ 2,149	$ 2,131	$ 1,959
Undiscounted expected future gross premiums	0	0	0
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	303	313	321
Undiscounted expected future gross premiums	0	0	0
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	31,027	40,489	38,909
Undiscounted expected future gross premiums	21,729	30,458	29,035
Discounted expected future gross premiums (at current discount rate)	14,300	20,200
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	43,212	38,253	25,066
Undiscounted expected future gross premiums	0	0	0
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Undiscounted expected future benefits and expense	41,656	43,071	44,530
Undiscounted expected future gross premiums	1,973	2,146	$ 2,262
Discounted expected future gross premiums (at current discount rate)	$ 1,300	$ 1,400

Future Policy Benefits - Income

Future Policy Benefits - Income statement information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	$ 5,280	$ 8,467	$ 5,749
Interest accretion	2,392	2,181	2,175
Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,033	1,146	1,232
Interest accretion	163	134	128
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	134	202	224
Interest accretion	63	55	42
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	12	19	19
Interest accretion	11	11	10
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	1,999	2,393	2,342
Interest accretion	461	471	479
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	994	1,109	1,193
Interest accretion	161	132	126
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	2,930	5,638	2,940
Interest accretion	897	664	459
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	205	215	224
Interest accretion	960	980	1,185
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Gross premiums	39	37	39
Interest accretion	$ 2	$ 2	$ 2

Future Policy Benefits - Weight

Future Policy Benefits - Weighted-average interest rates (Details)	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Individual Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	3.84%	3.75%	3.58%
Weighted-average interest rate, current discount rate	5.50%	5.04%	5.32%
Group Retirement
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	5.18%	5.15%	5.17%
Weighted-average interest rate, current discount rate	5.43%	5.02%	5.30%
Life Insurance
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.70%	4.10%	4.08%
Weighted-average interest rate, current discount rate	5.64%	5.04%	5.33%
Life Insurance | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.12%	3.92%	3.76%
Institutional Markets
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.31%	4.14%	3.56%
Weighted-average interest rate, current discount rate	5.62%	4.96%	5.30%
Corporate and Other
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, original discount rate	4.88%	4.86%	4.88%
Weighted-average interest rate, current discount rate	5.62%	5.08%	5.36%
Corporate and Other | Universal Life
Liability for Future Policy Benefit, Activity [Line Items]
Weighted-average interest rate, current discount rate	4.20%	4.20%	4.24%

Future Policy Benefits - Schedu

Future Policy Benefits - Schedule of liabilities by product (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Movement in Liability for Future Policy Benefits [Roll Forward]
Net liability for future policy benefits, beginning balance	$ 57,108	$ 50,518
Effect of changes in cash flow assumptions		(68)	$ 55	$ 123
Effect of actual variances from expected experience		13	82	(72)
Adjusted beginning of year balance		15,110	14,720	14,838
Interest accrual	417	483	445
Other	(1)	2	0
Net liability for future policy benefits, end of year	56,272	57,108	50,518
Less: Reinsurance recoverable:	(21,105)	(22,748)	(22,984)
Net liability for future policy benefits after reinsurance recoverable	35,167	34,360	27,534
Universal Life
Movement in Liability for Future Policy Benefits [Roll Forward]
Net liability for future policy benefits, beginning balance	3,786	3,355	5,007
Effect of changes in cash flow assumptions		38	(41)	(24)
Effect of actual variances from expected experience		361	315	299
Adjusted beginning of year balance		4,185	3,629	5,282
Assessments	587	673	689
Excess benefits paid	(902)	(943)	(909)
Interest accrual	163	134	128
Other	(5)	(9)	(11)
Changes related to unrealized appreciation (depreciation) of investments	60	302	(1,824)
Net liability for future policy benefits, end of year	4,088	3,786	3,355
Less: Reinsurance recoverable:	(210)	(164)	(191)
Net liability for future policy benefits after reinsurance recoverable	3,878	3,622	3,164
Life Insurance
Movement in Liability for Future Policy Benefits [Roll Forward]
Net liability for future policy benefits, beginning balance	13,400	13,354
Effect of changes in cash flow assumptions		(57)	34	123
Effect of actual variances from expected experience		16	62	(79)
Adjusted beginning of year balance		14,107	13,622	13,707
Interest accrual	375	437	397
Other	(1)	11	(1)
Net liability for future policy benefits, end of year	13,170	13,400	13,354
Less: Reinsurance recoverable:	(664)	(719)	(1,107)
Net liability for future policy benefits after reinsurance recoverable	$ 12,506	$ 12,681	$ 12,247
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 8 months 12 days	12 years 9 months 18 days	12 years 2 months 12 days
Life Insurance | Universal Life
Movement in Liability for Future Policy Benefits [Roll Forward]
Net liability for future policy benefits, beginning balance	$ 3,731	$ 3,300	$ 4,952
Effect of changes in cash flow assumptions		38	(41)	(24)
Effect of actual variances from expected experience		365	319	303
Adjusted beginning of year balance		4,134	3,578	5,231
Assessments	586	671	687
Excess benefits paid	(902)	(943)	(909)
Interest accrual	161	132	126
Other	(5)	(9)	(11)
Changes related to unrealized appreciation (depreciation) of investments	60	302	(1,824)
Net liability for future policy benefits, end of year	4,034	3,731	3,300
Less: Reinsurance recoverable:	(156)	(164)	(191)
Net liability for future policy benefits after reinsurance recoverable	$ 3,878	$ 3,567	$ 3,109
Weighted average liability duration of the liability for future policy benefits (in years)	23 years 10 months 24 days	25 years 4 months 24 days	26 years 3 months 18 days
Corporate and Other
Movement in Liability for Future Policy Benefits [Roll Forward]
Net liability for future policy benefits, beginning balance	$ 21,986	$ 21,837
Effect of changes in cash flow assumptions		(11)	$ 21	0
Effect of actual variances from expected experience		(3)	20	7
Adjusted beginning of year balance		1,003	1,098	1,131
Interest accrual	42	46	48
Other	0	(9)	1
Net liability for future policy benefits, end of year	20,396	21,986	21,837
Less: Reinsurance recoverable:	(20,396)	(21,986)	(21,837)
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 0	$ 0
Weighted average liability duration of the liability for future policy benefits (in years)	10 years 7 months 6 days	11 years 6 months	11 years 4 months 24 days
Corporate and Other | Universal Life
Movement in Liability for Future Policy Benefits [Roll Forward]
Net liability for future policy benefits, beginning balance	$ 55	$ 55	$ 55
Effect of changes in cash flow assumptions		0	0	0
Effect of actual variances from expected experience		(4)	(4)	(4)
Adjusted beginning of year balance		51	51	$ 51
Assessments	1	2	2
Excess benefits paid	0	0	0
Interest accrual	2	2	2
Other	0	0	0
Changes related to unrealized appreciation (depreciation) of investments	0	0	0
Net liability for future policy benefits, end of year	54	55	55
Less: Reinsurance recoverable:	(54)	0	0
Net liability for future policy benefits after reinsurance recoverable	$ 0	$ 55	$ 55
Weighted average liability duration of the liability for future policy benefits (in years)	8 years 10 months 24 days	9 years 2 months 12 days	9 years 6 months

Future Policy Benefits - Summar

Future Policy Benefits - Summary of separate accounts (Details) - Universal Life - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Liabilities for Guarantees on Long-Duration Contracts [Line Items]
Account value	$ 3,988	$ 3,721
Net amount at risk	$ 75,886	$ 72,422
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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	$ 163,408	$ 158,494	$ 152,809
Deposits	34,735	29,029	23,348
Policy charges	(2,880)	(2,972)	(3,036)
Surrenders and withdrawals	(26,575)	(23,406)	(15,042)
Benefit payments	(8,667)	(9,274)	(7,666)
Net transfers from (to) separate account	9,622	7,117	4,536
Interest credited	6,596	4,417	3,564
Other	(24)	3	(19)
Policyholder contract deposits account balance, end of year	176,215	163,408	158,494
Other reconciling items	(2,520)	(1,358)	(2,436)
Policyholder contract deposits	173,695	162,050	156,058
Cash surrender value	149,753	142,216	138,320
Fair value of embedded derivatives	859	1,500	(1,100)
Individual Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	94,896	89,554	84,097
Deposits	22,769	18,188	15,186
Policy charges	(729)	(840)	(870)
Surrenders and withdrawals	(16,776)	(14,025)	(8,921)
Benefit payments	(4,028)	(3,770)	(3,798)
Net transfers from (to) separate account	5,499	3,617	2,248
Interest credited	3,903	2,188	1,608
Other	(5)	(16)	4
Policyholder contract deposits account balance, end of year	105,529	94,896	89,554
Other reconciling items	(2,258)	(1,429)	(2,136)
Policyholder contract deposits	$ 103,271	$ 93,467	$ 87,418
Weighted average crediting rate	3.12%	2.68%	2.43%
Cash surrender value	$ 98,136	$ 88,685	$ 83,278
Group Retirement
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	41,299	43,395	43,902
Deposits	4,840	5,352	4,946
Policy charges	(511)	(477)	(462)
Surrenders and withdrawals	(9,271)	(8,310)	(5,712)
Benefit payments	(2,274)	(2,518)	(2,528)
Net transfers from (to) separate account	4,076	2,705	2,149
Interest credited	1,298	1,141	1,100
Other	(211)	11	0
Policyholder contract deposits account balance, end of year	39,246	41,299	43,395
Other reconciling items	(307)	(230)	(319)
Policyholder contract deposits	$ 38,939	$ 41,069	$ 43,076
Weighted average crediting rate	3.15%	2.91%	2.77%
Cash surrender value	$ 38,283	$ 40,210	$ 41,831
Life Insurance
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	10,231	10,224	10,183
Deposits	1,636	1,632	1,674
Policy charges	(1,508)	(1,524)	(1,570)
Surrenders and withdrawals	(309)	(256)	(211)
Benefit payments	(277)	(281)	(216)
Net transfers from (to) separate account	27	3	(5)
Interest credited	519	413	377
Other	19	20	(8)
Policyholder contract deposits account balance, end of year	10,338	10,231	10,224
Other reconciling items	56	208	34
Policyholder contract deposits	$ 10,394	$ 10,439	$ 10,258
Weighted average crediting rate	4.49%	4.41%	4.29%
Cash surrender value	$ 9,147	$ 9,026	$ 8,866
Institutional Markets
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	13,649	11,734	10,804
Deposits	5,449	3,813	1,494
Policy charges	(69)	(67)	(69)
Surrenders and withdrawals	(110)	(722)	(134)
Benefit payments	(1,809)	(2,405)	(775)
Net transfers from (to) separate account	20	792	144
Interest credited	717	507	301
Other	179	(3)	(31)
Policyholder contract deposits account balance, end of year	18,026	13,649	11,734
Other reconciling items	(11)	93	(16)
Policyholder contract deposits	$ 18,015	$ 13,742	$ 11,718
Weighted average crediting rate	4.63%	4.08%	2.71%
Cash surrender value	$ 2,594	$ 2,583	$ 2,537
Corporate and Other
Policyholder Account Balance [Roll Forward]
Policyholder contract deposits account balance, beginning of year	3,333	3,587	3,823
Deposits	41	44	48
Policy charges	(63)	(64)	(65)
Surrenders and withdrawals	(109)	(93)	(64)
Benefit payments	(279)	(300)	(349)
Net transfers from (to) separate account	0	0	0
Interest credited	159	168	178
Other	(6)	(9)	16
Policyholder contract deposits account balance, end of year	3,076	3,333	3,587
Other reconciling items	0	0	1
Policyholder contract deposits	$ 3,076	$ 3,333	$ 3,588
Weighted average crediting rate	5.08%	4.99%	4.91%
Cash surrender value	$ 1,593	$ 1,712	$ 1,808

Policyholder Contract Deposit_4

Policyholder Contract Deposits and Other Policyholder Funds - Account balances by guaranteed minimum interest rates (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 103,432	$ 101,111
Policyholder account balance, percentage	100%	100%
At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 49,047	$ 54,990
Policyholder account balance, percentage	47%	55%
1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 4,904	$ 7,428
Policyholder account balance, percentage	5%	7%
More than 50 Basis Points Above Minimum Guarantee
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 49,481	$ 38,693
Policyholder account balance, percentage	48%	38%
Individual Retirement
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 61,405	$ 57,137
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	$ 41,358	$ 35,449
Individual Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 4,194	$ 5,542
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	$ 9,587	$ 9,029
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	$ 5,812	$ 6,652
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	$ 409	$ 430
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	22,035	25,361
Individual Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder account balance	5,785	6,498
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	3,103	3,749
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	6,931	8,046
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	5,774	6,610
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	405	426
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	1,516	2,148
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	1,443	2,078
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	37,854	29,628
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	34,130	26,873
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	1,070	1,771
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	2,643	972
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	5
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	$ 35,075	$ 36,791
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	$ 12,276	$ 11,359
Group Retirement | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range From 1% To 2%
Policyholder Account Balance [Line Items]
Policyholder account balance	$ 4,713	$ 5,644
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	$ 11,115	$ 12,394
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	$ 552	$ 615
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	$ 6,288	$ 6,635
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	$ 131	$ 144
Group Retirement | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder account balance	22,906	25,383
Group Retirement | At Guaranteed Minimum | Policyholder Account Balance, Guaranteed Minimum Crediting Rate, Range Less Than 1%
Policyholder Account Balance [Line Items]
Policyholder account balance	2,027	2,185
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	3,215	3,731
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	10,693	12,073
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	552	615
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	6,288	6,635
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	131	144
Group Retirement | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder account balance	2,456	3,797
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	1,477	2,344
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	671	1,242
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	308	211
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	9,713	7,611
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	8,772	6,830
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	827	671
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	114	110
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	$ 6,952	$ 7,183
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	$ 1,923	$ 1,946
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	$ 1,626	$ 1,692
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	$ 2,722	$ 2,851
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	$ 208	$ 216
Life Insurance | At Guaranteed Minimum
Policyholder Account Balance [Line Items]
Policyholder account balance	4,106	4,246
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	1,167	1,170
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	2,722	2,851
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	208	216
Life Insurance | 1 Basis Point - 50 Basis Points Above
Policyholder Account Balance [Line Items]
Policyholder account balance	932	1,483
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	110	132
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	386	855
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	436	496
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	1,914	1,454
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	363	346
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	1,528	1,082
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	23	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 - Funding arrangements (Details) $ in Millions	Dec. 31, 2024 USD ($)
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	$ 5,478
2025	146
2026-2027	1,884
2028-2029	3,448
Thereafter	0
Federal Home Loan Bank Of Dallas And New York
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	2,900
Pledged as collateral	8,400
Federal Home Loan Bank of Dallas | DNA Auction + 22 bps
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	3,305
2025	0
2026-2027	378
2028-2029	2,927
Thereafter	$ 0
Interest rate (as a percent)	0.22%
Federal Home Loan Bank of Dallas | FHLB Dallas 3.53%
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	$ 2,027
2025	0
2026-2027	1,506
2028-2029	521
Thereafter	$ 0
Federal Home Loan Bank of Dallas | FHLB Dallas 3.53% | Minimum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	3.53%
Federal Home Loan Bank of Dallas | FHLB Dallas 3.53% | Maximum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	4.77%
Federal Home Loan Bank of New York
Federal Home Loan Bank, Advances [Line Items]
Gross Amounts	$ 146
2025	146
2026-2027	0
2028-2029	0
Thereafter	$ 0
Federal Home Loan Bank of New York | Minimum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	1.52%
Federal Home Loan Bank of New York | Maximum
Federal Home Loan Bank, Advances [Line Items]
Interest rate (as a percent)	2.32%

Policyholder Contract Deposit_6

Policyholder Contract Deposits and Other Policyholder Funds - Other policyholder funds (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Insurance [Abstract]
Premium income (as a percent)	0.40%	0.50%
Policy earnings (as a percent)	1%	0.90%	1.30%

Policyholder Contract Deposit_7

Policyholder Contract Deposits and Other Policyholder Funds - Unearned revenue liability (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	$ 1,865	$ 1,834	$ 1,811
Revenue deferred	161	153	143
Amortization	(120)	(122)	(120)
Balance, end of period	1,906	1,865	1,834
Other reconciling items	967	997	1,051
Other policyholder funds	2,873	2,862	2,885
Life Insurance
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1,770	1,727	1,693
Revenue deferred	161	153	143
Amortization	(110)	(110)	(109)
Balance, end of period	1,821	1,770	1,727
Institutional Markets
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	1	2	2
Revenue deferred	0	0	0
Amortization	0	(1)	0
Balance, end of period	1	1	2
Corporate and Other
Other Policyholder Funds Rollforward [Roll Forward]
Balance, beginning of year	94	105	116
Revenue deferred	0	0	0
Amortization	(10)	(11)	(11)
Balance, end of period	$ 84	$ 94	$ 105

Market Risk Benefits - Rollforw

Market Risk Benefits - Rollforward of market risk benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Market Risk Benefit [Roll Forward]
Balance, beginning of year	$ 4,870	$ 4,034	$ 7,034
Effect of changes in our own credit risk	(880)	(1,160)	(465)	$ 2,101
Balance, beginning of year, before effect of changes in our own credit risk	3,710	3,569	4,933
Issuances	978	718	288
Interest accrual	173	171	193
Attributed fees	737	866	934
Expected claims	(67)	(94)	(85)
Effect of changes in interest rates	(1,032)	(152)	(4,458)
Effect of changes in interest rate volatility	1	(72)	281
Effect of changes in equity markets	(1,128)	(1,345)	1,504
Effect of changes in equity index volatility	(2)	(19)	(74)
Actual outcome different from model expected outcome	7	195	161
Effect of changes in future expected policyholder behavior	174	0	(20)
Effect of changes in other future expected assumptions	(84)	(124)	(85)
Other, including foreign exchange	(3)	(3)	(3)
Balance, end of year before effect of changes in our own credit risk	3,464	3,710	3,569
Effect of changes in our own credit risk	880	1,160	465	(2,101)
Balance, end of year	4,344	4,870	4,034
Less: Reinsured MRB, end of year	(60)	(77)	(94)
Net	4,284	4,793	3,940
Combined
Net amount at risk
Net amount at risk	445	1,029	2,123
GMDB only
Net amount at risk
Net amount at risk	702	918	1,986
Variable annuities guaranteed benefits
Net amount at risk
Net amount at risk	226	165	28
Individual Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	4,562	3,738	6,452
Effect of changes in our own credit risk	(811)	(1,072)	(441)	1,934
Balance, beginning of year, before effect of changes in our own credit risk	3,490	3,297	4,518
Issuances	925	681	263
Interest accrual	160	156	172
Attributed fees	677	803	864
Expected claims	(65)	(91)	(83)
Effect of changes in interest rates	(956)	(139)	(4,087)
Effect of changes in interest rate volatility	(2)	(69)	263
Effect of changes in equity markets	(1,034)	(1,236)	1,382
Effect of changes in equity index volatility	(2)	(14)	(75)
Actual outcome different from model expected outcome	(2)	188	164
Effect of changes in future expected policyholder behavior	148	(1)	(2)
Effect of changes in other future expected assumptions	(84)	(85)	(85)
Other, including foreign exchange	0	0	3
Balance, end of year before effect of changes in our own credit risk	3,255	3,490	3,297
Effect of changes in our own credit risk	811	1,072	441	(1,934)
Balance, end of year	4,066	4,562	3,738
Less: Reinsured MRB, end of year	(60)	(77)	(94)
Net	$ 4,006	$ 4,485	$ 3,644
Net amount at risk
Average attained age of contract holders	71 years	70 years	70 years
Individual Retirement | Combined
Net amount at risk
Net amount at risk	$ 433	$ 1,011	$ 2,084
Individual Retirement | GMDB only
Net amount at risk
Net amount at risk	584	758	1,615
Individual Retirement | Variable annuities guaranteed benefits
Net amount at risk
Net amount at risk	210	152	27
Group Retirement
Market Risk Benefit [Roll Forward]
Balance, beginning of year	308	296	582
Effect of changes in our own credit risk	(69)	(88)	(24)	167
Balance, beginning of year, before effect of changes in our own credit risk	220	272	415
Issuances	53	37	25
Interest accrual	13	15	21
Attributed fees	60	63	70
Expected claims	(2)	(3)	(2)
Effect of changes in interest rates	(76)	(13)	(371)
Effect of changes in interest rate volatility	3	(3)	18
Effect of changes in equity markets	(94)	(109)	122
Effect of changes in equity index volatility	0	(5)	1
Actual outcome different from model expected outcome	9	7	(3)
Effect of changes in future expected policyholder behavior	26	1	(18)
Effect of changes in other future expected assumptions	0	(39)	0
Other, including foreign exchange	(3)	(3)	(6)
Balance, end of year before effect of changes in our own credit risk	209	220	272
Effect of changes in our own credit risk	69	88	24	$ (167)
Balance, end of year	278	308	296
Less: Reinsured MRB, end of year	0	0	0
Net	$ 278	$ 308	$ 296
Net amount at risk
Average attained age of contract holders	64 years	64 years	64 years
Group Retirement | Combined
Net amount at risk
Net amount at risk	$ 12	$ 18	$ 39
Group Retirement | GMDB only
Net amount at risk
Net amount at risk	118	160	371
Group Retirement | Variable annuities guaranteed benefits
Net amount at risk
Net amount at risk	$ 16	$ 13	$ 1

Market Risk Benefits - Schedule

Market Risk Benefits - Schedule of market risk benefits (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Market Risk Benefit [Line Items]
Asset	$ 1,332	$ 912
Liability	5,616	5,705
Net	4,284	4,793	$ 3,940
Individual Retirement
Market Risk Benefit [Line Items]
Asset	1,124	740
Liability	5,130	5,225
Net	4,006	4,485	3,644
Group Retirement
Market Risk Benefit [Line Items]
Asset	208	172
Liability	486	480
Net	$ 278	$ 308	$ 296

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions			12 Months Ended
	Aug. 23, 2022	Feb. 25, 2022	Dec. 31, 2024	Dec. 31, 2023
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt			$ 1,101	$ 250
Total short-term and long-term debt, net of debt issuance costs			12,392	11,872
Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt			1,101	250
Total long-term debt			9,426	9,177
Debt issuance costs			(73)	(59)
Total short-term and long-term debt, net of debt issuance costs			10,454	9,368
Debt of consolidated investment entities
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total short-term and long-term debt, net of debt issuance costs			$ 1,938	2,504
Debt of consolidated investment entities | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			0.01%
Debt of consolidated investment entities | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			8.95%
CRBGLH notes | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt			$ 427
CoreBridge 3-Year DDTL Facility | Line of Credit | Senior unsecured notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Debt instrument term (in years)		3 years	3 years
CoreBridge 3-Year DDTL Facility | Line of Credit | Consolidated Entities, Excluding Consolidated Investments | Senior unsecured notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.46%
Short-term debt			$ 0	250
Senior unsecured notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total short-term and long-term debt, net of debt issuance costs			7,750
Senior unsecured notes | Line of Credit | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt			$ 6,750	7,750
Senior unsecured notes | Line of Credit | Consolidated Entities, Excluding Consolidated Investments | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			3.65%
Senior unsecured notes | Line of Credit | Consolidated Entities, Excluding Consolidated Investments | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.05%
Senior unsecured notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			3.50%
Senior unsecured notes | Line of Credit | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			3.50%
Short-term debt			$ 1,000	0
CRBGLH notes | CRBGLH notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total short-term and long-term debt, net of debt issuance costs			$ 200
CRBGLH notes | CRBGLH notes | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.63%
Total long-term debt			$ 99	200
CRBGLH notes | Line of Credit | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			7.50%
Short-term debt			$ 101	0
Hybrid junior subordinated notes | CRBGLH notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Debt instrument term (in years)	5 years
Interest rate (as a percent)	6.875%
Total short-term and long-term debt, net of debt issuance costs			2,350
Hybrid junior subordinated notes | CRBGLH notes | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt			$ 2,350	1,000
Hybrid junior subordinated notes | CRBGLH notes | Consolidated Entities, Excluding Consolidated Investments | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.375%
Hybrid junior subordinated notes | CRBGLH notes | Consolidated Entities, Excluding Consolidated Investments | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.875%
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt			$ 101
Total short-term and long-term debt, net of debt issuance costs			$ 227
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures | Consolidated Entities, Excluding Consolidated Investments
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt				$ 227
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures | Consolidated Entities, Excluding Consolidated Investments | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			7.57%
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures | Consolidated Entities, Excluding Consolidated Investments | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			8.50%

Debt - Schedule of maturities o

Debt - Schedule of maturities of debt (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Aug. 23, 2022
Short-term and Long-term debt issued by Corebridge:
Total short-term and long-term debt, net of debt issuance costs	$ 12,392	$ 11,872
Corebridge Debt
Short-term and Long-term debt issued by Corebridge:
Total short-term and long-term debt, net of debt issuance costs	10,527
2025	1,101
2026	0
2027	1,250
2028	0
2029	1,099
Thereafter	$ 7,077
Senior unsecured notes | Line of Credit
Short-term and Long-term debt issued by Corebridge:
Interest rate (as a percent)	3.50%
Senior unsecured notes | Line of Credit
Short-term and Long-term debt issued by Corebridge:
Total short-term and long-term debt, net of debt issuance costs	$ 7,750
2025	1,000
2026	0
2027	1,250
2028	0
2029	1,000
Thereafter	4,500
Hybrid junior subordinated notes | CRBGLH notes
Short-term and Long-term debt issued by Corebridge:
Total short-term and long-term debt, net of debt issuance costs	2,350
2025	0
2026	0
2027	0
2028	0
2029	0
Thereafter	$ 2,350
Interest rate (as a percent)			6.875%
CRBGLH notes | CRBGLH notes
Short-term and Long-term debt issued by Corebridge:
Interest rate (as a percent)	7.50%
CRBGLH notes | CRBGLH notes
Short-term and Long-term debt issued by Corebridge:
Total short-term and long-term debt, net of debt issuance costs	$ 200
2025	101
2026	0
2027	0
2028	0
2029	99
Thereafter	0
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Short-term and Long-term debt issued by Corebridge:
Total short-term and long-term debt, net of debt issuance costs	227
2025	0
2026	0
2027	0
2028	0
2029	0
Thereafter	$ 227

Debt - Senior and Unsecured Not

Debt - Senior and Unsecured Notes and Delayed Draw Term Loan (Details) - USD ($)			12 Months Ended
	Sep. 15, 2022	Feb. 25, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 08, 2023	Sep. 15, 2023	Aug. 25, 2022	Apr. 06, 2022	Apr. 05, 2022
Debt Instrument [Line Items]
Interest expense			$ 554,000,000	$ 580,000,000	$ 534,000,000
Promissory Notes | Related Party
Debt Instrument [Line Items]
Interest expense	$ 1,500,000,000
Parent Company
Debt Instrument [Line Items]
Interest expense			$ 409,000,000	$ 398,000,000	$ 266,000,000
Senior Notes Due 2025 | Line of Credit
Debt Instrument [Line Items]
Aggregate principal amount										$ 1,000,000,000
Senior Notes Due 2027 | Line of Credit
Debt Instrument [Line Items]
Aggregate principal amount										1,250,000,000
Senior Notes Due 2033 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)							6.05%
Amount of debt issued							$ 500,000,000
Senior Notes Due 2034 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)						5.75%
Amount of debt issued						$ 750,000,000
Senior unsecured notes | CoreBridge 18-Month DDTL Facility | Line of Credit
Debt Instrument [Line Items]
Debt instrument term (in years)		18 months
Maximum borrowing capacity		$ 6,000,000,000								$ 6,500,000,000
Senior unsecured notes | CoreBridge 3-Year DDTL Facility | Line of Credit
Debt Instrument [Line Items]
Debt instrument term (in years)		3 years	3 years
Maximum borrowing capacity		$ 3,000,000,000						$ 1,500,000,000	$ 2,500,000,000
Senior unsecured notes | CoreBridge 3-Year DDTL Facility | Line of Credit | Parent Company
Debt Instrument [Line Items]
Debt instrument term (in years)		3 years	3 years
Interest rate (as a percent)			6.46%
Senior unsecured notes | Senior Notes Due 2025 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.50%
Senior unsecured notes | Senior Notes Due 2027 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.65%
Senior unsecured notes | Senior Notes Due 2029 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.85%
Amount of debt issued										$ 1,000,000,000
Senior unsecured notes | Senior Notes Due 2032 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										3.90%
Amount of debt issued										$ 1,500,000,000
Senior unsecured notes | Senior Notes Due 2042 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										4.35%
Amount of debt issued										$ 500,000,000
Senior unsecured notes | Senior Notes Due 2052 | Line of Credit | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Interest rate (as a percent)										4.40%
Amount of debt issued										$ 1,250,000,000

Debt - Hybrid Junior Subordinat

Debt - Hybrid Junior Subordinated Notes (Details) - USD ($)	Sep. 12, 2024	Aug. 23, 2022	Nov. 19, 2024
Hybrid junior subordinated notes | CRBGLH notes
Debt Instrument [Line Items]
Amount of debt issued		$ 1,000,000,000
Interest rate (as a percent)		6.875%
Interest rate and payment reset period (in years)		5 years
Debt instrument term (in years)		5 years
Senior Notes Due 2054 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Amount of debt issued	$ 750,000,000
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%
Senior Notes Due 2064 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Amount of debt issued			$ 600,000,000
Interest rate (as a percent)			6.375%

Debt - Affiliated Notes (Detail

Debt - Affiliated Notes (Details) $ in Millions			12 Months Ended
	Jun. 23, 2022 GIP (£)	Feb. 25, 2022	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Nov. 30, 2021 USD ($)	Nov. 01, 2021 USD ($)
Debt Instrument [Line Items]
Short-term debt			$ 1,101	$ 250
Parent Company
Debt Instrument [Line Items]
Short-term debt			$ 1,000	250
Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes
Debt Instrument [Line Items]
Short-term debt					$ 8,300	$ 8,300
Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes | Parent Company
Debt Instrument [Line Items]
Basis points					1%
CoreBridge 3-Year DDTL Facility | Line of Credit | Senior unsecured notes
Debt Instrument [Line Items]
Debt instrument term (in years)		3 years	3 years
CoreBridge 3-Year DDTL Facility | Line of Credit | Parent Company | Senior unsecured notes
Debt Instrument [Line Items]
Short-term debt			$ 0	$ 250
Debt instrument term (in years)		3 years	3 years
AIG Life Note
Debt Instrument [Line Items]
Proceeds from issuance of note | £	£ 10,000,000

Debt - CRBGLH Notes and Junior

Debt - CRBGLH Notes and Junior Subordinated Debentures (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Debt Instrument [Line Items]
Total long-term debt	$ 101
CRBGLH Junior Subordinated Debt, Due July 2030 | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 54
Interest rate (as a percent)	8.50%
CRBGLH Junior Subordinated Debt, Due March 2046 | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 142
Interest rate (as a percent)	8.125%
CRBGLH Junior Subordinated Debt, Due December 2045 | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 31
Interest rate (as a percent)	7.57%
Consolidated Entities, Excluding Consolidated Investments
Debt Instrument [Line Items]
Total long-term debt	$ 9,426	$ 9,177
Consolidated Entities, Excluding Consolidated Investments | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	427
Consolidated Entities, Excluding Consolidated Investments | CRBGLH Junior Subordinated Debt, Due Between 2030 and 2046 | CRBGLH junior subordinated debentures
Debt Instrument [Line Items]
Total long-term debt	227
Consolidated Entities, Excluding Consolidated Investments | CRBGLH notes | CRBGLH notes
Debt Instrument [Line Items]
Total long-term debt	$ 99	200
Interest rate (as a percent)	6.63%
Consolidated Entities, Excluding Consolidated Investments | CRBGLH junior subordinated debentures | CRBGLH junior subordinated debentures
Debt Instrument [Line Items]
Total long-term debt		$ 227

Debt - Revolving Credit Agreeme

Debt - Revolving Credit Agreement (Details) - Line of Credit - Revolving Credit Facility - Credit Agreement	May 12, 2022 USD ($)
Debt Instrument [Line Items]
Debt instrument term (in years)	5 years
Current borrowing capacity	$ 2,500,000,000
Increase in borrowing capacity	$ 500,000,000
NYFRB
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	0.50%
Maximum
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 3,000,000,000
Maximum | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1%
Minimum | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	0.10%

Debt - Letters of credit (Detai

Debt - Letters of credit (Details)	Dec. 31, 2024 USD ($)
Debt Disclosure [Abstract]
Letter of credit	$ 226,000,000

Debt - Consolidated investment

Debt - Consolidated investment entities credit facilities (Details) - Revolving Credit Facility - Consolidated Investment Entities Credit Facilities Real Estate Assets - Line of Credit $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 271
Line of credit	$ 169
Minimum
Line of Credit Facility [Line Items]
Debt instrument term (in years)	1 year
Maximum
Line of Credit Facility [Line Items]
Debt instrument term (in years)	2 years

Contingencies, Commitments an_3

Contingencies, Commitments and Guarantees - Lease commitments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Lease liability, balance sheet location	Other liabilities	Other liabilities
Right of use asset, balance sheet location	Other assets	Other assets
Net lease liabilities	$ 80	$ 26
Right of use asset	75	20
Operating Lease, Lease Income, Lease Payments	$ 14	18
Leases, weighted average discount rate	5.30%
Leases, weighted average lease term	9 years 1 month 2 days
Rent expense	$ 16	$ 17	$ 33

Contingencies, Commitments an_4

Contingencies, Commitments and Guarantees - Schedule of future undiscounted cash flows (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
2025	$ 16
2026	15
2027	10
2028	9
2029	7
Remaining years after 2029	46
Total undiscounted lease payments	103
Less: Present value adjustment	23
Net lease liabilities	$ 80	$ 26

Contingencies, Commitments an_5

Contingencies, Commitments and Guarantees - Other commitments (Details) $ in Billions	Dec. 31, 2024 USD ($)
Other Commitments [Line Items]
Other commitments	$ 4.1
Promissory Notes
Other Commitments [Line Items]
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	12 Months Ended
	Feb. 11, 2025	Dec. 31, 2024	Dec. 31, 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)	(88,704,816)	(26,484,411)
Common Stock outstanding, beginning balance (in shares)	561,485,033	621,664,326
Shares issued under long-term incentive compensation plans (in shares)		3,286,140
Shares repurchased (in shares)		(63,465,433)
Common Stock issued, ending balance (in shares)		650,189,849	648,148,737
Treasury Stock, ending balance (in shares)		(88,704,816)	(26,484,411)
Common Stock outstanding, ending balance (in shares)		561,485,033	621,664,326
Purchase of common stock		$ 1,803,000,000	$ 503,000,000
April 2024 Share Repurchase Program
Common Stock Rollforward [Roll Forward]
Stock repurchase program, authorized amount				$ 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
Common Stock Rollforward [Roll Forward]
Remaining share repurchase authorization	$ 2,500,000,000
Subsequent Event | February 2025 Share Repurchase Program
Common Stock Rollforward [Roll Forward]
Stock repurchase program, authorized amount	$ 2,000,000,000
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	648,148,737
Treasury Stock
Common Stock Rollforward [Roll Forward]
Treasury Stock, beginning balance (in shares)	(88,704,816)	(26,484,411)
Shares issued under long-term incentive compensation plans (in shares)		1,245,028
Shares repurchased (in shares)		(63,465,433)
Treasury Stock, ending balance (in shares)		(88,704,816)	(26,484,411)
Purchase of common stock		$ 1,803,000,000	$ 503,000,000
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	$ 177,000,000

Equity - Dividends (Details)

Equity - Dividends (Details) - $ / shares		3 Months Ended
	Feb. 12, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024
Dividends [Line Items]
Dividend declared (in dollars per share)		$ 0.23	$ 0.23	$ 0.23	$ 0.23
Subsequent Event
Dividends [Line Items]
Dividend declared (in dollars per share)	$ 0.24

Equity - Rollforward of accumul

Equity - Rollforward of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 12,635	$ 10,319	$ 28,989
Change in unrealized depreciation of investments	(1,631)	5,990	(40,401)
Change in fair value of market risk benefits attributable to changes in our own credit risk	280	(695)	1,635
Change in discount rates assumptions of certain liabilities	1,570	(1,029)	6,746
Change in future policy benefits and other	(60)	(358)	1,822
Change in cash flow hedges	(246)	(16)	203
Change in foreign currency translation adjustments	65	39	(109)
Change in net actuarial loss		(7)	2
Change in deferred tax asset (liability)	(155)	(508)	4,996
Other comprehensive income (loss)	(177)	3,416	(25,106)
Balance, end of period	12,326	12,635	10,319
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(13,458)	(16,863)	8,233
Other comprehensive income (loss)	(185)	3,405	(25,096)
Balance, end of period	(13,681)	(13,458)	(16,863)
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	(79)	(92)	(31)
Other comprehensive income (loss)	36	13	(61)
Balance, end of period	(43)	(79)	(92)
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(14,650)	(19,380)	12,315
Other comprehensive income (loss)	(1,540)	4,730	(31,695)
Other	(39)
Balance, end of period	(16,229)	(14,650)	(19,380)
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	(909)	(365)	(1,659)
Other comprehensive income (loss)	219	(544)	1,294
Balance, end of period	(690)	(909)	(365)
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	2,095	2,908	(2,390)
Other comprehensive income (loss)	1,247	(813)	5,298
Balance, end of period	3,342	2,095	2,908
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	146	157	0
Other comprehensive income (loss)	(193)	(11)	157
Other	1
Balance, end of period	(46)	146	157
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(63)	(100)	(9)
Other comprehensive income (loss)	54	48	(101)
Balance, end of period	(17)	(63)	(100)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	2	9	7
Other comprehensive income (loss)	0	(7)	2
Balance, end of period	2	2	9
Noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Other	(38)
Noncontrolling interests	8	11	(10)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	8	11	(10)
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	46	28	(78)
Change in future policy benefits and other		(11)
Change in deferred tax asset (liability)	(10)	(4)	17
Other comprehensive income (loss)	36	13	(61)
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	(1,677)	5,962	(40,323)
Change in future policy benefits and other	(60)	(347)	1,822
Change in deferred tax asset (liability)	197	(885)	6,806
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	280	(695)	1,635
Change in deferred tax asset (liability)	(61)	151	(341)
Other comprehensive income (loss)	219	(544)	1,294
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	1,570	(1,029)	6,746
Change in deferred tax asset (liability)	(323)	216	(1,448)
Other comprehensive income (loss)	1,247	(813)	5,298
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in cash flow hedges	(246)	(16)	203
Change in deferred tax asset (liability)	53	5	(46)
Other comprehensive income (loss)	(193)	(11)	157
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in foreign currency translation adjustments	65	39	(109)
Change in deferred tax asset (liability)	(11)	9	8
Other comprehensive income (loss)	54	48	(101)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in net actuarial loss		(7)	2
Change in deferred tax asset (liability)		0
Other comprehensive income (loss)	$ 0	$ (7)	$ 2

Equity - Schedule of OCI reclas

Equity - Schedule of OCI reclassification adjustments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	$ (1,098)	$ 3,580	$ (30,661)
Less: Reclassification adjustments included in net income	(1,076)	(344)	(559)
Total other comprehensive income (loss), before income tax expense (benefit)	(22)	3,924	(30,102)
Less: Income tax expense (benefit)	155	508	(4,996)
Other comprehensive income (loss)	(177)	3,416	(25,106)
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	26	0	(89)
Less: Reclassification adjustments included in net income	(20)	(17)	(11)
Total other comprehensive income (loss), before income tax expense (benefit)	46	17	(78)
Less: Income tax expense (benefit)	10	4	(17)
Other comprehensive income (loss)	36	13	(61)
Change in unrealized depreciation of investments
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(2,972)	5,281	(39,049)
Less: Reclassification adjustments included in net income	(1,235)	(334)	(548)
Total other comprehensive income (loss), before income tax expense (benefit)	(1,737)	5,615	(38,501)
Less: Income tax expense (benefit)	(197)	885	(6,806)
Other comprehensive income (loss)	(1,540)	4,730	(31,695)
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	280	(695)	1,635
Less: Reclassification adjustments included in net income	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	280	(695)	1,635
Less: Income tax expense (benefit)	61	(151)	341
Other comprehensive income (loss)	219	(544)	1,294
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	1,816	(1,029)	6,746
Less: Reclassification adjustments included in net income	246	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	1,570	(1,029)	6,746
Less: Income tax expense (benefit)	323	(216)	1,448
Other comprehensive income (loss)	1,247	(813)	5,298
Cash Flow Hedges
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(246)	(16)	203
Less: Reclassification adjustments included in net income	0	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	(246)	(16)	203
Less: Income tax expense (benefit)	(53)	(5)	46
Other comprehensive income (loss)	(193)	(11)	157
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(2)	39	(109)
Less: Reclassification adjustments included in net income	(67)	0	0
Total other comprehensive income (loss), before income tax expense (benefit)	65	39	(109)
Less: Income tax expense (benefit)	11	(9)	(8)
Other comprehensive income (loss)	54	48	(101)
Retirement Plan Liabilities Adjustment
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	0	0	2
Less: Reclassification adjustments included in net income	0	7	0
Total other comprehensive income (loss), before income tax expense (benefit)	0	(7)	2
Less: Income tax expense (benefit)	0	0	0
Other comprehensive income (loss)	$ 0	$ (7)	$ 2

Equity - Reclassification of si

Equity - Reclassification of significant items out of accumulated other comprehensive income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Amount Reclassified from AOCI
Net realized gains (losses)	$ (1,883)	$ (3,572)	$ 6,091
Net (gain) loss on divestitures	245	676	(1)
Total benefits and expenses	15,978	17,938	14,206
Total reclassifications for the period	2,203	1,036	8,479
Amount Reclassified from AOCI
Amount Reclassified from AOCI
Total reclassifications for the period	(1,076)	(344)	(559)
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)	(20)	(17)	(11)
Total reclassifications for the period	(20)	(17)	(11)
Unrealized appreciation (depreciation) of all other investments | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Net realized gains (losses)	(1,174)	(334)	(548)
Net (gain) loss on divestitures	(61)	0	0
Total reclassifications for the period	(1,235)	(334)	(548)
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	246	0	0
Total reclassifications for the period	246	0	0
Foreign Currency Translation Adjustments | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Net (gain) loss on divestitures	(67)	0	0
Total reclassifications for the period	(67)	0	0
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Total benefits and expenses	0	7	0
Retirement Plan Liabilities Adjustment | Amount Reclassified from AOCI
Amount Reclassified from AOCI
Total reclassifications for the period	$ 0	$ 7	$ 0

Equity - Non-redeemable and red

Equity - Non-redeemable and redeemable noncontrolling interest (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 869
Distributions to noncontrolling interests	(199)	$ (91)	$ (1,181)
Ending balance	864	869
Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Distributions to noncontrolling interests	(199)	(91)	(1,181)
Non-Redeemable Noncontrolling Interest | Non- Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	869	939	1,759
Net income (loss) attributable to redeemable noncontrolling interest	(27)	(68)	320
Other comprehensive income (loss), net of tax	8	11	(10)
Changes in noncontrolling interests due to divestitures and acquisitions	145	(19)	(104)
Contributions from noncontrolling interests	70	96	155
Distributions to noncontrolling interests	(199)	(91)	(1,181)
Other	(2)	1	0
Ending balance	$ 864	$ 869	$ 939

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerator for EPS:
Net income (loss)	$ 2,203	$ 1,036	$ 8,479
Less: Net income (loss) attributable to noncontrolling interests	(27)	(68)	320
Net income (loss) attributable to Corebridge common shareholders	$ 2,230	$ 1,104	$ 8,159
Denominator for EPS:
Weighted average common shares outstanding - basic (in shares)	598,000	643,300	646,100
Dilutive common shares (in shares)	1,200	1,900	1,300
Weighted average common shares outstanding - diluted (in shares)	599,200	645,200	647,400
Income per common share attributable to Corebridge common shareholders
Common stock - basic (in dollars per share)	$ 3.73	$ 1.72	$ 12.63
Common stock - diluted (in dollars per share)	$ 3.72	$ 1.71	$ 12.60
Number of shares excluded from diluted shares outstanding because the effect would have been anti-dilutive (in shares)	200	900	41

Statutory Financial Data and _3

Statutory Financial Data and Restrictions - Schedule of statutory financial data and restrictions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	$ 1,643	$ 3,303	$ 3,095
Statutory capital and surplus	13,477	15,219
Aggregate minimum required statutory capital and surplus	4,159	4,248
Domestic
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	1,643	3,354	3,091
Statutory capital and surplus	13,477	14,752
Aggregate minimum required statutory capital and surplus	4,159	4,025
Foreign
Statutory Accounting Practices [Line Items]
Statutory net income (loss)	0	(51)	$ 4
Statutory capital and surplus	0	467
Aggregate minimum required statutory capital and surplus	$ 0	$ 223

Statutory Financial Data and _4

Statutory Financial Data and Restrictions - Narrative (Details) - USD ($) $ in Billions			12 Months Ended		15 Months Ended
	Dec. 31, 2020	Oct. 01, 2020	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024
Statutory Accounting Practices [Line Items]
Reinsurance agreement term (in years)	20 years	25 years			25 years
Percentage of CFT margin			90%		90%
Life Insurance Companies
Statutory Accounting Practices [Line Items]
Increase in statutory surplus due to permitted practice			$ 2.1	$ 1.7
AGL
Statutory Accounting Practices [Line Items]
Distributed dividends			1.7
Corebridge
Statutory Accounting Practices [Line Items]
Distributed dividends			$ 2

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Narrative (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) shares	Sep. 14, 2022 $ / shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Conversion ratio				2.580952
Share price (in dollars per share) | $ / shares				$ 54.20
Number of shares authorized (in shares) | shares	40,000,000
Award vesting period	3 years
Weighted average grant date fair value of stock options (in dollars per share) | $ / shares	$ 5.46	$ 5.93
Share-based compensation expense - pre-tax	$ 58	$ 60	$ 75
Unrecognized compensation expense	2
Restricted Stock Units (RSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation cost related to grants	$ 36
Weighted average period (in years)	1 year
Granted (in shares) | shares	2,323,450	2,907,967	10,328,220
Stock Options
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Contractual term of the option	10 years	10 years
Involuntary termination expiration period	3 years
Share-based compensation expense - pre-tax	$ 4
Vesting period	1 year
Deferred Stock Units (DSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation expense - pre-tax	$ 1	$ 1
Granted (in shares) | shares	29,557	71,356
Initial Public Offering
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share price (in dollars per share) | $ / shares				$ 21

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Schedule of share-based compensation expense recognized in consolidated statements of income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Share-based compensation expense - pre-tax	$ 58	$ 60	$ 75
Share-based compensation expense - after tax	45	48	59
Vested stock-settled awards issued to retirement eligible employees	$ 25	$ 24	$ 25

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Summary of outstanding share-settled RSU grants (Details) - Restricted Stock Units (RSUs)	12 Months Ended
	Dec. 31, 2024 trading_day $ / shares shares	Dec. 31, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares
Number of Units
Unvested, beginning of year (in shares) | shares	4,153,530	6,537,155	0
Granted (in shares) | shares	2,323,450	2,907,967	10,328,220
Vested (in shares) | shares	(3,683,321)	(4,725,911)	(3,674,973)
Forfeited (in shares) | shares	(202,329)	(565,681)	(116,092)
Unvested, end of year (in shares) | shares	2,591,330	4,153,530	6,537,155
Weighted Average Grant Date Fair Value*
Unvested, beginning of year (in dollars per share) | $ / shares	$ 19.64	$ 21	$ 0
Granted (in dollars per share) | $ / shares	25.89	19.81	21
Vested (in dollars per share) | $ / shares	21.34	18.70	21
Forfeited (in dollars per share) | $ / shares	22.36	19.07	21
Unvested, end of year (in dollars per share) | $ / shares	$ 22.31	$ 19.64	$ 21
Number of trading days | trading_day	5

Share-Based Compensation Plan_5

Share-Based Compensation Plans - Summary of outstanding share-settled LTI awards (Details) - Restricted Stock Units (RSUs) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Number of Units
Unvested, beginning of year (in shares)	4,153,530	6,537,155	0
Granted (in shares)	2,323,450	2,907,967	10,328,220
Vested (in shares)	(3,683,321)	(4,725,911)	(3,674,973)
Forfeited (in shares)	(202,329)	(565,681)	(116,092)
Unvested, end of year (in shares)	2,591,330	4,153,530	6,537,155
Weighted Average Grant Date Fair Value*
Unvested, beginning of year (in dollars per share)	$ 19.64	$ 21	$ 0
Granted (in dollars per share)	25.89	19.81	21
Vested (in dollars per share)	21.34	18.70	21
Forfeited (in dollars per share)	22.36	19.07	21
Unvested, end of year (in dollars per share)	$ 22.31	$ 19.64	$ 21

Share-Based Compensation Plan_6

Share-Based Compensation Plans - Schedule of weighted-average assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected annual dividend yield	3.55%	4.63%
Expected volatility	23.64%	43.26%
Risk-free interest rate	4.20%	4.03%
Expected term	6 years	6 years
Expected volatility term	24 months	24 months
Contractual term of the option	10 years	10 years

Share-Based Compensation Plan_7

Share-Based Compensation Plans - Schedule of stock option activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Units
Outstanding, beginning of year (in shares)	720,677	0
Granted (in shares)	1,267,910	826,025
Exercised (in shares)	(87,813)	0
Forfeited (in shares)	(222,237)	(105,348)
Outstanding, end of year (in shares)	1,678,537	720,677	0
Exercisable, end of year (in shares)	1,049,314	393,961
Weighted Average Exercise Price
Outstanding, beginning of year (in dollars per share)	$ 20.12	$ 0
Granted (in dollars per share)	25.64	19.95
Exercised (in dollars per share)	17.58	0
Forfeited (in dollars per share)	25.16	20.30
Outstanding, end of year (in dollars per share)	23.66	20.12	$ 0
Exercisable, end of year (in dollars per share)	$ 23.36	$ 20.30
Stock Option Activity, Additional Disclosures
Weighted Average Remaining Contractual Life, options outstanding	8 years 8 months 26 days	9 years 1 month 13 days	0 years
Weighted Average Remaining Contractual Life, exercisable	8 years 7 months 28 days	9 years 29 days
Aggregate Intrinsic Value, options outstanding, beginning of year	$ 1,270	$ 0
Aggregate Intrinsic Value, options outstanding, end of year	10,520	1,270	$ 0
Aggregate Intrinsic Value, options exercisable, end of year	$ 6,900	$ 540

Employee Benefits (Details)

Employee Benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pension
Defined Benefit Plan Disclosure [Line Items]
Contribution expense	$ 0	$ 300,000	$ 27,000,000
Postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Contribution expense		1,000,000	1,000,000
Contribution benefit	(2,000,000)
Defined benefit plan, benefit obligation	$ 31,000,000	33,000,000
Defined benefit plan eligibility age (in years)	55 years
Defined benefit plan requisite service period (in years)	10 years
Postretirement Health Coverage
Defined Benefit Plan Disclosure [Line Items]
Contribution expense	$ 70,000,000	68,000,000	76,000,000
Defined benefit plan requisite service period (in years)	5 years
Contributions to defined benefit plan	$ 2,000,000	$ 7,000,000	$ 8,000,000

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Valuation Allowance [Line Items]
Effective income tax rate (as a percent)	21.40%	(10.20%)	19.20%
U.S. federal income tax at statutory rate (as a percent)	21%	21%	21%
Valuation allowance	$ 97	$ 11	$ 157
State and local income taxes	20	12	24
Dividends received deduction	48	59	36
Reclassifications from accumulated other comprehensive income	(32)	(52)	(84)
Uncertain tax positions	17	0	(2)
Adjustments to prior year tax returns	(10)	(67)	(48)
Noncontrolling interest	(6)	(14)	67
Tax deconsolidation and separation costs	0	0	104
Adjustments to deferred tax assets	0	(40)	0
Realized capital loss carryforwards	330
Federal operating loss carryforward limitation	124
CAMT credit carryforwards	158
Net operting loss carryforwards with expirations in 2028	79
Increase/(decrease) in valuation allowance	92
Limitation of operating loss carryforward for ownership change	648
Valuation allowance related to certain tax attribute carryforward	255
Valuation allowance	1,548	1,372
Unrecognized tax benefits that would impact effective tax rate	3	20	20
Accrued liabilities	0	0	0
Interest activity related to unrecognized tax benefits	0	0	0
Laya And AIG Life
Valuation Allowance [Line Items]
Adjustments to prior year tax returns		(67)
Tax deconsolidation and separation costs		$ (95)
Domestic Tax Jurisdiction
Valuation Allowance [Line Items]
Valuation allowance	95
Foreign and State Tax Jurisdictions
Valuation Allowance [Line Items]
Increase/(decrease) in valuation allowance	5
Tax Credit Carryforward
Valuation Allowance [Line Items]
Valuation allowance			$ 157
U.S.. Life Insurance Companies
Valuation Allowance [Line Items]
Increase/(decrease) in valuation allowance	153
Valuation allowance	$ 1,200
Corebridge | Maximum | AIG
Valuation Allowance [Line Items]
Ownership percentage (as a percent)	80%

Income Taxes - Schedule of inco

Income Taxes - Schedule of income (loss) from continuing operations before income tax expense (benefit) by U.S. and foreign location (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
U.S.	$ 2,765	$ 972	$ 10,449
Foreign	38	(32)	42
Income (loss) before income tax expense (benefit)	$ 2,803	$ 940	$ 10,491

Income Taxes - Schedule of in_2

Income Taxes - Schedule of income tax expense (benefit) attributable to pre-tax income (loss) from continuing operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Current federal tax expense (benefit)	$ (34)	$ 311	$ 868
Deferred federal income tax expense (benefit)	630	(400)	1,150
Current foreign tax expense (benefit)	(1)	(5)	10
Deferred foreign income tax expense (benefit)	5	(2)	(16)
Income tax expense (benefit)	$ 600	$ (96)	$ 2,012

Income Taxes - Schedule of reco

Income Taxes - Schedule of reconciliation between actual income tax (benefit) expense and statutory U.S. federal amount computed by applying the federal income tax rate (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Consolidated total amount, pre-tax income (loss)	$ 2,803	$ 940	$ 10,491
U.S. federal income tax at statutory rate	$ 589	$ 197	$ 2,203
U.S. federal income tax at statutory rate (as a percent)	21%	21%	21%
Uncertain tax positions	$ (17)	$ 0	$ 2
Uncertain tax positions (as a percent)	(0.60%)	0%	0%
Dispositions of subsidiaries	$ 4	$ (99)	$ 0
Dispositions of subsidiaries (as a percent)	0.10%	(10.50%)	0%
Reclassifications from accumulated other comprehensive income	$ (32)	$ (52)	$ (84)
Reclassifications from accumulated other comprehensive income (as a percent)	(1.10%)	(5.50%)	(0.70%)
Noncontrolling interest	$ 6	$ 14	$ (67)
Non-controlling interest ( as a percent)	0.20%	1.50%	(0.60%)
Dividends received deduction	$ (48)	$ (59)	$ (36)
Dividends received deduction (as a percent)	(1.70%)	(6.30%)	(0.30%)
Tax deconsolidation and separation costs	$ 0	$ 0	$ (104)
Tax deconsolidation and separation costs (as a percent)	0%	0%	(1.00%)
State and local income taxes	$ 20	$ 12	$ 24
State and local income taxes (as a percent)	0.70%	1.30%	0.20%
Other	$ (5)	$ (3)	$ (29)
Other (as a percent)	(0.20%)	(0.40%)	(0.30%)
Adjustments to deferred tax assets	$ 0	$ (40)	$ 0
Adjustments to deferred tax assets (as a percent)	0%	(4.30%)	0%
Adjustments to prior year tax returns	$ 10	$ 67	$ 48
Adjustments to prior year tax returns (as a percent)	(0.40%)	(7.10%)	(0.50%)
Share based compensation payments excess tax deduction	$ (4)	$ (10)	$ (6)
Share based compensation payments excess tax deduction (as a percent)	(0.10%)	(1.10%)	(0.10%)
Valuation allowance	$ 97	$ 11	$ 157
Valuation allowance (as a percent)	3.50%	1.20%	1.50%
Consolidated total amount, tax expense (benefit)	$ 600	$ (96)	$ 2,012
Consolidated total amount (as a percent)	21.40%	(10.20%)	19.20%

Income Taxes - Schedule of comp

Income Taxes - Schedule of components of net deferred tax assets (liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets:
Losses and tax credit carryforwards	$ 877	$ 453
Basis differences on investments	2,944	3,446
Life policy reserves	658	1,532
Investments in foreign subsidiaries	15	49
Fixed assets and intangible assets	1,566	1,328
Other	416	406
Employee benefits	60	72
Unrealized losses related to available-for-sale debt securities	4,102	3,751
Market risk benefits	902	1,004
Total deferred tax assets	11,540	12,041
Deferred tax liabilities:
Fortitude Re funds withheld embedded derivative	(815)	(712)
Accruals not currently deductible, and other	(118)	(184)
Deferred policy acquisition costs	(1,553)	(1,546)
Total deferred tax liabilities	(2,486)	(2,442)
Net deferred tax assets before valuation allowance	9,054	9,599
Valuation allowance	(1,548)	(1,372)
Net deferred tax assets (liabilities)	$ 7,506	$ 8,227

Income Taxes - Schedule of re_2

Income Taxes - Schedule of reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross unrecognized tax benefits, beginning of year	$ 20	$ 20	$ 18
Increases in tax positions for prior years	0	0	3
Decreases in tax positions for prior years	(17)	0	(1)
Increases in tax positions for current year	0	0	0
Settlements	0	0	0
Gross unrecognized tax benefits, end of year	$ 3	$ 20	$ 20

Related Parties - Advisory tran

Related Parties - Advisory transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Other income	$ 429	$ 417	$ 550
Related Party
Related Party Transaction [Line Items]
Other income	$ 17	$ 34	$ 95

Related Parties - Capital marke

Related Parties - Capital markets agreements (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Net investment income	$ 12,228,000,000	$ 11,078,000,000	$ 9,576,000,000
Derivative assets, net	193,000,000	393,000,000
Derivative liabilities, net	110,000,000	141,000,000
Related Party
Related Party Transaction [Line Items]
Derivative assets, net	1,000,000	13,000,000
Derivative liabilities, net	0	0
Collateral posted	0	0
Collateral obtained from third parties for derivative transactions	21,000,000	377,000,000
Related Party | AIG
Related Party Transaction [Line Items]
Net investment income	$ 0	$ 0	$ 15,000,000

Related Parties - General servi

Related Parties - General services agreement (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
General operating expenses	$ 2,090	$ 2,360	$ 2,323
Related Party | General Services Agreement
Related Party Transaction [Line Items]
Due to related party	6	39
Due from related party	2	38
General operating expenses	$ 43	$ 161	$ 114

Related Parties - Reinsurance t

Related Parties - Reinsurance transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Reinsurance recoverables	$ 26,500
Related Party | Reinsurance Transactions
Related Party Transaction [Line Items]
Reinsurance recoverables	0	$ 67
Reinsurance payable	0	13
Ceded premiums	$ 9	$ 37	$ 41

Related Parties - Purchase of s

Related Parties - Purchase of securitized notes from AIG (Details) - AIG Special Purposes Entities - Collateralized Debt Obligations - Related Party - Corebridge $ in Millions	Sep. 09, 2022 USD ($)
Related Party Transaction [Line Items]
Ownership percentage (as a percent)	100%
Purchases of debt securities	$ 800

Related Parties - Purchase of r

Related Parties - Purchase of residential mortgage loans (Details) - Related Party - Residential Mortgage Loans $ in Millions	Dec. 23, 2022 USD ($) agreement
Related Party Transaction [Line Items]
Number of sale and assignment agreements executed | agreement	4
Notes payable | $	$ 452

Related Parties - Tax sharing a

Related Parties - Tax sharing arrangements (Details) - Related Party - Tax Sharing Arrangements - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Payments to (refunds from) tax sharing arrangements	$ 0	$ (494)	$ 1,000
Payables from tax sharing arrangements	$ 364	$ 371

Related Parties - Other transac

Related Parties - Other transactions (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Purchase of common stock	$ 1,803	$ 503
Employee Benefit Programs
Related Party Transaction [Line Items]
Due to related party	$ 1	$ 32
Related Party
Related Party Transaction [Line Items]
Shares repurchased (in shares)	8	17.2
Purchase of common stock	$ 200	$ 315

Related Parties - Related party

Related Parties - Related party transactions with blackstone (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Investment expenses	$ 765	$ 579	$ 480
Related Party
Related Party Transaction [Line Items]
Investment expenses	$ 243	$ 175	$ 147

Related Parties - Repurchase of

Related Parties - Repurchase of Corebridge common stock (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Purchase of common stock	$ 1,803	$ 503
Related Party
Related Party Transaction [Line Items]
Shares repurchased (in shares)	8	17.2
Purchase of common stock	$ 200	$ 315
Related Party | Repurchase Of Corebridge Common Stock From AIG
Related Party Transaction [Line Items]
Shares repurchased (in shares)		1.9
Purchase of common stock		$ 35

Related Parties - Related par_2

Related Parties - Related party transactions with VIEs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Interest expense	$ 554	$ 580	$ 534
Net income (loss) attributable to noncontrolling interests	(27)	(68)	320
Consolidated VIE
Related Party Transaction [Line Items]
Net income (loss) attributable to noncontrolling interests	(27)	(68)	321
Consolidated VIE | Related Party
Related Party Transaction [Line Items]
Total debt	23	102
Interest expense	1	9	33
Noncontrolling interest	400	518
Net income (loss) attributable to noncontrolling interests	(6)	(3)	$ 52
AIG Affiliates | Real Estate and Investment Entities
Related Party Transaction [Line Items]
Off-balance sheet exposure associated with VIEs	$ 600	$ 600

Schedule I (Details)

Schedule I (Details) $ in Millions	Dec. 31, 2024 USD ($)
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	$ 264,696
Fair Value	240,763
Amount at which shown in the Balance Sheet	243,950
Fixed maturity securities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	196,320
Fair Value	176,102
Amount at which shown in the Balance Sheet	176,102
U.S. government and government sponsored entities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	1,886
Fair Value	1,556
Amount at which shown in the Balance Sheet	1,556
Obligations of states, municipalities and political subdivisions
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	5,513
Fair Value	4,695
Amount at which shown in the Balance Sheet	4,695
Non-U.S. governments
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	4,761
Fair Value	3,931
Amount at which shown in the Balance Sheet	3,931
Public utilities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	20,782
Fair Value	17,467
Amount at which shown in the Balance Sheet	17,467
All other corporate debt securities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	105,288
Fair Value	91,947
Amount at which shown in the Balance Sheet	91,947
ABS
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	58,090
Fair Value	56,506
Amount at which shown in the Balance Sheet	56,506
Total common stock
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	2
Fair Value	2
Amount at which shown in the Balance Sheet	2
Public utilities
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	0
Fair Value	0
Amount at which shown in the Balance Sheet	0
Banks, trust and insurance companies
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	0
Fair Value	0
Amount at which shown in the Balance Sheet	0
Industrial, miscellaneous and all other
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	2
Fair Value	2
Amount at which shown in the Balance Sheet	2
Total equity securities and mutual funds
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	56
Fair Value	56
Amount at which shown in the Balance Sheet	56
Preferred stock
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	46
Fair Value	46
Amount at which shown in the Balance Sheet	46
Mutual funds
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	8
Fair Value	8
Amount at which shown in the Balance Sheet	8
Total mortgage and other loans receivable
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	53,539
Fair Value	49,581
Amount at which shown in the Balance Sheet	53,539
Commercial mortgages
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	35,795
Fair Value	32,813
Amount at which shown in the Balance Sheet	35,795
Residential mortgages
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	12,735
Fair Value	11,768
Amount at which shown in the Balance Sheet	12,735
Life insurance policy loans
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	1,726
Fair Value	1,727
Amount at which shown in the Balance Sheet	1,726
Commercial loans, other loans and notes receivable
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	3,283
Fair Value	3,273
Amount at which shown in the Balance Sheet	3,283
Allowance for credit losses
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	771
Fair Value	0
Amount at which shown in the Balance Sheet	771
Total mortgage and other loans receivable, net of allowance
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	52,768
Fair Value	49,581
Amount at which shown in the Balance Sheet	52,768
Other invested assets
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	10,379
Fair Value	9,851
Amount at which shown in the Balance Sheet	9,851
Short-term Investments
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	4,981
Fair Value	4,981
Amount at which shown in the Balance Sheet	4,981
Derivative assets
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Cost	192
Fair Value	192
Amount at which shown in the Balance Sheet	192
Derivative liabilities, net | Affiliated Entity
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Line Items]
Amount at which shown in the Balance Sheet	$ 110

Schedule II - Balance Sheets (D

Schedule II - Balance Sheets (Details) - USD ($) $ in Millions		Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
Assets:
Short-term Investments	[1]	$ 4,981		$ 4,336
Other investments	[1]	9,851		10,257
Total investments		243,758		232,628
Cash		806	[1]	612	[1]	$ 552
Deferred income taxes		7,903		8,577
Other assets	[1]	1,844		2,294
Total assets		389,397		379,270
Liabilities:
Short-term and long-term debt		12,392		11,872
Total liabilities		377,071		366,635
Corebridge Shareholders’ equity:
Treasury stock		(2,282)		(503)
Additional paid-in capital		8,161		8,149
Retained earnings		19,257		17,572
Accumulated other comprehensive loss		(13,681)		(13,458)
Total Corebridge Shareholders' equity		11,462		11,766
Total liabilities and equity		389,397		379,270
Parent Company
Assets:
Short-term Investments		2,224		1,594
Other investments		197		197
Total investments		2,421		1,791
Cash		0		0		$ 9
Current tax receivable		28		26
Deferred income taxes		140		323
Investment in consolidated subsidiaries		19,373		19,170
Other assets		204		162
Total assets		22,199		21,586
Liabilities:
Short-term and long-term debt		10,027		8,941
Other liabilities		195		220
Total liabilities		10,737		9,820
Corebridge Shareholders’ equity:
Common stock		7		6
Treasury stock		(2,282)		(503)
Additional paid-in capital		8,161		8,149
Retained earnings		19,257		17,572
Accumulated other comprehensive loss		(13,681)		(13,458)
Total Corebridge Shareholders' equity		11,462		11,766
Total liabilities and equity		22,199		21,586
Parent Company | Affiliated Entity
Assets:
Due from affiliates - net		33		114
Liabilities:
Due to affiliate		503		461
Current tax payable		$ 12		$ 198
[1]See Note 8 for details of balances associated with variable interest entities

Schedule II - Statement of Inco

Schedule II - Statement of Income (Loss) & Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Net realized gains (losses)	$ (1,883)	$ (3,572)	$ 6,091
Total revenues	18,781	18,878	24,697
Operating Expenses [Abstract]
Interest expense	554	580	534
Net (gain) loss on divestitures	(245)	(676)	1
Income from continuing operations before income tax expense (benefit)	2,803	940	10,491
Income tax expense (benefit)	600	(96)	2,012
Net income (loss)	2,203	1,036	8,479
Other comprehensive income (loss)	(177)	3,416	(25,106)
Net income (loss) attributable to Corebridge	2,230	1,104	8,159
Parent Company
Revenues:
Equity in undistributed net income (loss) of consolidated subsidiaries	530	(743)	6,897
Dividend income from consolidated subsidiaries	2,160	2,017	1,781
Interest income	76	67	79
Net realized gains (losses)	18	(3)	4
Total revenues	2,784	1,338	8,761
Operating Expenses [Abstract]
Interest expense	409	398	266
Net (gain) loss on divestitures	(245)	(620)	0
Other expenses	385	507	507
Total expenses	549	285	773
Income from continuing operations before income tax expense (benefit)	2,235	1,053	7,988
Income tax expense (benefit)	5	(51)	(171)
Net income (loss)	2,230	1,104	8,159
Other comprehensive income (loss)	(185)	3,405	(25,096)
Net income (loss) attributable to Corebridge	$ 2,045	$ 4,509	$ (16,937)

Schedule II - Cash Flow Stateme

Schedule II - Cash Flow Statement (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 2,151		$ 3,357		$ 2,621
Sales or distributions of:
Available-for-sale securities	8,080		7,400		10,566
Acquisition of businesses, net of cash and restricted cash acquired	0		5		107
Sales of divested businesses	577		747		0
Net change in derivative assets and liabilities	119		(884)		(754)
Net cash used in investing activities	(11,536)		(5,476)		(7,253)
Cash flows from financing activities:
Dividends paid on common stock	(544)		(1,722)		(876)
Issuance of short-term debt	0		0		1,512
Repayments of short-term debt	(250)		(1,250)		(8,312)
Issuance of common stock	1		0		0
Repurchase of common stock	70		96		146
Other, net	(267)		139		299
Net cash provided by (used in) financing activities	9,580		2,114		4,674
Cash and restricted cash at beginning of year	628		633		601
Cash and restricted cash at end of year	824		628		633
Supplementary Disclosure of Consolidated Cash Flow Information
Cash	806	[1]	612	[1]	552
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	824		628		633
Income tax	252		20		1,101
Parent Company
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	1,548		1,532		1,149
Cash flows from investing activities:
Contributions to subsidiaries	(200)		0		0
Sales or distributions of:
Available-for-sale securities	0		0		1
Acquisition of businesses, net of cash and restricted cash acquired	0		0		107
Sales of divested businesses	577		752		0
Net change in short-term investments	(630)		(95)		(1,034)
Net change in derivative assets and liabilities	0		(3)		223
Net cash used in investing activities	(253)		654		(917)
Cash flows from financing activities:
Dividends paid on common stock	(544)		(1,722)		(876)
Issuance of long-term debt	1,329		1,240		7,451
Issuance of short-term debt	30		0		1,500
Repayments of short-term debt	(280)		(1,250)		(8,300)
Issuance of common stock	1		0		0
Repurchase of common stock	(1,792)		(498)		0
Other, net	(39)		35		0
Net cash provided by (used in) financing activities	(1,295)		(2,195)		(225)
Net increase (decrease) in cash and restricted cash	0		(9)		7
Cash and restricted cash at beginning of year	0		9		2
Cash and restricted cash at end of year	0		0		9
Supplementary Disclosure of Consolidated Cash Flow Information
Cash	0		0		9
Total cash and restricted cash shown in the Consolidated Statements of Cash Flows	0		0		9
Income tax	$ (32)		$ 259		$ 116
[1]See Note 8 for details of balances associated with variable interest entities

Schedule II - Notes to Condense

Schedule II - Notes to Condensed Financial Information of Registrant (Details)			12 Months Ended
	Aug. 23, 2022 USD ($)	Feb. 25, 2022	Dec. 31, 2024 USD ($) lineOfCredit	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jan. 10, 2024 USD ($)	Sep. 15, 2022 USD ($)	Nov. 30, 2021 USD ($)	Nov. 01, 2021 USD ($)
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt			$ 1,101,000,000	$ 250,000,000
Total short-term and long-term debt, net of debt issuance costs			12,392,000,000	11,872,000,000
Letter of credit			226,000,000
Capital contribution			199,000,000	91,000,000	$ 1,181,000,000
Senior unsecured notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total short-term and long-term debt, net of debt issuance costs			$ 7,750,000,000
Senior unsecured notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			3.50%
Hybrid junior subordinated notes | CRBGLH notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)	6.875%
Total short-term and long-term debt, net of debt issuance costs			$ 2,350,000,000
Debt instrument term (in years)	5 years
Amount of debt issued	$ 1,000,000,000
Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt								$ 8,300,000,000	$ 8,300,000,000
Senior unsecured notes | CoreBridge 3-Year DDTL Facility | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Debt instrument term (in years)		3 years	3 years
Revolving Credit Facility | AIG Life Letter Of Credit | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Number of letters of credit | lineOfCredit			2
Letter of credit			$ 0
Parent Company
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Short-term debt			1,000,000,000	250,000,000
Total long-term debt			9,100,000,000	8,750,000,000
Debt issuance costs			(73,000,000)	(59,000,000)
Total short-term and long-term debt, net of debt issuance costs			10,027,000,000	8,941,000,000
Parent Company | CRBGLH
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Capital contribution			200,000,000
Parent Company | Senior unsecured notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt			$ 6,750,000,000	7,750,000,000
Parent Company | Senior unsecured notes | Line of Credit | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			3.65%
Parent Company | Senior unsecured notes | Line of Credit | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.05%
Parent Company | Hybrid junior subordinated notes | CRBGLH notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Total long-term debt			$ 2,350,000,000	1,000,000,000
Parent Company | Hybrid junior subordinated notes | CRBGLH notes | Minimum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.375%
Parent Company | Hybrid junior subordinated notes | CRBGLH notes | Maximum
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.875%
Parent Company | Affiliated Senior Promissory Note Maturing 2022 | Hybrid junior subordinated notes
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Basis points								1%
Parent Company | Intercompany Loan with CRBGLH | Loans Payable
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)						5.84%
Amount of debt issued						$ 30,000,000
Parent Company | Senior unsecured notes | CoreBridge 3-Year DDTL Facility | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			6.46%
Short-term debt			$ 0	250,000,000
Debt instrument term (in years)		3 years	3 years
Parent Company | Senior unsecured notes | Senior unsecured notes | Line of Credit
Schedule of Long Term and Short Term Debt Instruments [Line Items]
Interest rate (as a percent)			3.50%
Short-term debt				$ 0			$ 1,000,000,000

Schedule III (Details)

Schedule III (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	$ 10,293	$ 10,011
Future Policy Benefits *	56,272	57,108
Policy and Contract Claims	993	978
Unearned Premiums	10	11
Premiums and Policy Fees	7,501	10,488	$ 8,005
Net Investment Income	12,228	11,078	9,576
Other income	935	884	1,025
Benefits	11,872	13,789	10,452
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	1,060	1,042	1,020
Other Operating Expenses	2,964	3,209	3,157
Individual Retirement
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	5,011	4,779
Future Policy Benefits *	1,419	1,470
Policy and Contract Claims	30	34
Unearned Premiums	0	0
Premiums and Policy Fees	934	921	976
Net Investment Income	5,625	4,884	3,872
Other income	455	426	463
Benefits	3,051	2,535	2,222
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	618	572	523
Other Operating Expenses	1,028	929	936
Group Retirement
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	1,049	1,056
Future Policy Benefits *	213	227
Policy and Contract Claims	1	1
Unearned Premiums	0	0
Premiums and Policy Fees	454	426	435
Net Investment Income	1,866	1,965	1,976
Other income	343	309	312
Benefits	1,223	1,224	1,186
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	85	82	80
Other Operating Expenses	693	716	705
Life Insurance
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	4,138	4,106
Future Policy Benefits *	13,170	13,400
Policy and Contract Claims	799	789
Unearned Premiums	5	6
Premiums and Policy Fees	2,948	3,264	3,427
Net Investment Income	1,299	1,251	1,386
Other income	82	93	126
Benefits	3,010	3,171	3,338
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	344	379	410
Other Operating Expenses	552	753	740
Institutional Markets
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	95	70
Future Policy Benefits *	21,074	20,025
Policy and Contract Claims	51	39
Unearned Premiums	0	0
Premiums and Policy Fees	3,091	5,799	3,085
Net Investment Income	2,074	1,546	1,017
Other income	8	2	3
Benefits	4,588	6,862	3,706
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	13	9	7
Other Operating Expenses	102	109	96
Corporate and Other
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Line Items]
Deferred Policy Acquisition Costs and Value of Business Acquired *	0	0
Future Policy Benefits *	20,396	21,986
Policy and Contract Claims	112	115
Unearned Premiums	5	5
Premiums and Policy Fees	74	78	82
Net Investment Income	1,364	1,432	1,325
Other income	47	54	121
Benefits	0	(3)	0
Amortization of Deferred Policy Acquisition Costs and Value of Business Acquired	0	0	0
Other Operating Expenses	$ 589	$ 702	$ 680

Schedule IV (Details)

Schedule IV (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Net Amount	$ 4,600	$ 7,691	$ 5,091
Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	4,075	4,706	4,739
Ceded to Other Companies	795	1,126	966
Assumed from Other Companies	1,320	4,111	1,318
Net Amount	$ 4,600	$ 7,691	$ 5,091
Percent of Amount Assumed to Net	28.70%	53.50%	25.90%
Life Insurance and Annuities | Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	$ 3,998	$ 4,623	$ 4,651
Ceded to Other Companies	767	1,096	934
Assumed from Other Companies	1,320	4,111	1,318
Net Amount	$ 4,551	$ 7,638	$ 5,035
Percent of Amount Assumed to Net	29%	53.80%	26.20%
Accident and Health | Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	$ 77	$ 83	$ 88
Ceded to Other Companies	28	30	32
Assumed from Other Companies	0	0	0
Net Amount	$ 49	$ 53	$ 56
Percent of Amount Assumed to Net	0%	0%	0%
Life insurance in force | Operating Segments
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Gross Amount	$ 1,064,770	$ 1,308,474	$ 1,280,831
Ceded to Other Companies	117,100	363,471	346,879
Assumed from Other Companies	164	173	188
Net Amount	$ 947,834	$ 945,176	$ 934,140
Percent of Amount Assumed to Net	0%	0%	0%