American International (AIG) 10-Q7 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2024	Oct. 30, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	1-8787
Entity Registrant Name	American International Group, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-2592361
Entity Address, Address Line One	1271 Avenue of the Americas
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10020
City Area Code	212
Local Phone Number	770-7000
Title of 12(b) Security	Common Stock, Par Value $2.50 Per Share
Trading Symbol	AIG
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		623,769,375
Document Fiscal Year Focus	2024
Entity Central Index Key	0000005272
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Fixed maturity securities:
Bonds available for sale, at fair value, net of allowance for credit losses of $40 in 2024 and $34 in 2023 (amortized cost: 2024 - $67,364; 2023 - $68,119)	[1]	$ 65,980	$ 65,242
Other bond securities, at fair value (See Note 6)		763	663
Equity securities, at fair value (See Note 6)		767	665
Mortgage and other loans receivable, net of allowance for credit losses of $37,803 in 2024 and $37,776 in 2023	[1]	4,286	4,441
Other invested assets (portion measured at fair value: 2024 - $11,780; 2023 - $4,175)		14,440	6,368
Short-term investments, including restricted cash of $72 in 2024 and $1 in 2023 (portion measured at fair value: 2024 - $8,822; 2023 - $9,363)	[1]	11,848	12,865
Total investments		98,084	90,244
Cash		1,472	1,540
Accrued investment income	[1]	581	580
Premiums and other receivables, net of allowance for credit losses and disputes of $133 in 2024 and $138 in 2023		11,196	9,967
Deferred income tax assets		5,278	6,186
Deferred policy acquisition costs		2,191	2,117
Goodwill		3,453	3,422
Deposit accounting assets, net of allowance for credit losses of $49 in 2024 and $49 in 2023		2,185	1,915
Other assets, including restricted cash of $15 in 2024 and $32 in 2023 (portion measured at fair value: 2024 - $215; 2023 - $374)	[1]	4,553	5,425
Total assets		169,449	539,306
Liabilities:
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2024 and $14 in 2023		71,066	70,393
Unearned premiums		18,926	17,375
Future policy benefits		1,471	1,467
Other policyholder funds		455	495
Fortitude Re funds withheld payable (portion measured at fair value: 2024 - $0; 2023 - $(148))		3,477	3,527
Premiums and other related payables		6,715	6,219
Deposit accounting liabilities		2,957	2,612
Commissions and premium taxes payable		1,520	1,351
Current and deferred income tax liabilities		422	347
Other liabilities (portion measured at fair value: 2024 - $268; 2023 - $482)		7,235	7,496
Total liabilities		124,376	488,005
Contingencies, commitments and guarantees (See Note 13)
AIG shareholders’ equity:
Series A non-cumulative preferred stock and additional paid in capital, $5.00 par value; 100,000,000 shares authorized; shares issued: 2024 - 0 and 2023 - 20,000; liquidation preference $500		0	485
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2024 - 1,906,671,492 and 2023 - 1,906,671,492		4,766	4,766
Treasury stock, at cost; 2024 - 1,276,381,562 shares; 2023 - 1,217,831,721 shares of common stock		(63,744)	(59,189)
Additional paid-in capital		75,310	75,810
Retained earnings		34,429	37,516
Accumulated other comprehensive loss		(5,722)	(14,037)
Total AIG shareholders’ equity		45,039	45,351
Non-redeemable noncontrolling interests		34	5,950
Total equity		45,073	51,301
Total liabilities and equity		169,449	539,306
Held-for-Sale
Fixed maturity securities:
Assets held for sale and assets of discontinued operations		137	30
Liabilities:
Liabilities held for sale and liabilities of discontinued operations		78	28
Discontinued Operations
Fixed maturity securities:
Assets held for sale and assets of discontinued operations		0	378,748
Liabilities:
Liabilities held for sale and liabilities of discontinued operations		0	366,089
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,892	10,375
Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt	[1]	162	231
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		3,529	3,839
Excluding Fortitude
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		$ 36,790	$ 35,293

[1] See Note 10 for details of balances associated with variable interest entities.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Assets:
Bonds available for sale, allowance for credit losses		$ 40	$ 34
Bonds available for sale, amortized cost		67,364	68,119
Mortgage and other loans receivable, allowance for credit losses		37,803	37,776
Other investments		14,440	6,368
Short-term investments	[1]	11,848	12,865
Premiums and other receivables, allowance for credit losses and disputes		133	138
Deposit accounting assets, allowance for credit loss		49	49
Other assets	[1]	4,553	5,425
Liabilities:
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses		14	14
Fortitude Re funds withheld payable, portion measured at fair value		$ (3,477)	$ (3,527)
AIG shareholders’ equity:
Preferred stock, par value (in dollars per share)		$ 5	$ 5
Preferred stock, shares authorized (in shares)		100,000,000	100,000,000
Preferred stock, shares issued (in shares)		0	20,000
Preferred stock liquidation preference		$ 500	$ 500
Common stock, par value (in dollars per share)		$ 2.50	$ 2.50
Common stock, shares authorized (in shares)		5,000,000,000	5,000,000,000
Common stock, shares issued (in shares)		1,906,671,492	1,906,671,492
Treasury stock, shares of common stock (in shares)		1,276,381,562	1,217,831,721
Fortitude RE
Assets:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Excluding Fortitude
Assets:
Reinsurance asset, allowance for credit loss		223	206
Short-term investments, at cost (approximates fair value)
Assets:
Restricted cash		72	1
Other assets
Assets:
Restricted cash		15	32
Recurring Basis
Assets:
Other investments		11,780	4,175
Short-term investments		8,822	9,363
Other assets		231	374
Liabilities:
Fortitude Re funds withheld payable, portion measured at fair value		0	(148)
Other liabilities		$ 268	$ 482

[1] See Note 10 for details of balances associated with variable interest entities.

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) (unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues:
Premiums	$ 5,945	$ 6,543	$ 17,564	$ 19,533
Net investment income:
Total net investment income	973	856	2,942	2,537
Net realized gains (losses):
Net realized gains (losses)	(167)	(135)	(434)	(660)
Other income	0	3	2	2
Total revenues	6,751	7,267	20,074	21,412
Benefits, losses and expenses:
Losses and loss adjustment expenses incurred	3,773	3,876	10,753	11,759
Amortization of deferred policy acquisition costs	863	922	2,543	2,894
General operating and other expenses	1,346	1,311	4,194	4,048
Interest expense	112	138	353	391
Loss on extinguishment of debt	0	21	1	21
Net (gain) loss on divestitures and other	8	(101)	(94)	(89)
Total benefits, losses and expenses	6,102	6,167	17,750	19,024
Income from continuing operations before income tax expense	649	1,100	2,324	2,388
Income tax expense	168	399	571	509
Income from continuing operations	481	701	1,753	1,879
Income (loss) from discontinued operations, net of income taxes	(24)	2,046	(3,580)	2,472
Net income (loss)	457	2,747	(1,827)	4,351
Less: Net income (loss) attributable to noncontrolling interests	(2)	720	475	801
Net income (loss) attributable to AIG	459	2,027	(2,302)	3,550
Less: Dividends on preferred stock and preferred stock redemption premiums	0	7	22	22
Net income (loss) attributable to AIG common shareholders	$ 459	$ 2,020	$ (2,324)	$ 3,528
Basic:
Income from continuing operations (in dollars per share)	$ 0.75	$ 0.97	$ 2.62	$ 2.56
Income (loss) from discontinued operations (in dollars per share)	(0.03)	1.86	(6.13)	2.30
Net income (loss) attributable to AIG common shareholders (in dollars per share)	0.72	2.83	(3.51)	4.86
Diluted:
Income from continuing operations (in dollars per share)	0.74	0.97	2.59	2.54
Income (loss) from discontinued operations (in dollars per share)	(0.03)	1.84	(6.07)	2.29
Net income (loss) attributable to AIG common shareholders (in dollars per share)	$ 0.71	$ 2.81	$ (3.48)	$ 4.83
Weighted average shares outstanding:
Basic (in shares)	641,621,768	712,598,496	661,691,554	725,579,999
Diluted (in shares)	647,365,442	718,727,312	667,355,069	731,033,045
Excluding Fortitude Re funds withheld assets
Net investment income:
Total net investment income	$ 922	$ 827	$ 2,819	$ 2,431
Net realized gains (losses):
Net realized gains (losses)	8	(189)	(238)	(571)
Fortitude Re funds withheld assets
Net investment income:
Total net investment income	51	29	123	106
Net realized gains (losses):
Net realized gains (losses)	(18)	(3)	(38)	(64)
Fortitude Re funds withheld embedded derivative
Net realized gains (losses):
Net realized gains (losses)	$ (157)	$ 57	$ (158)	$ (25)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 457	$ 2,747	$ (1,827)	$ 4,351
Other comprehensive income (loss), net of tax
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken	37	(18)	63	(1)
Change in unrealized appreciation (depreciation) of all other investments	1,349	(620)	1,074	(92)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts	46	32	(44)	18
Change in foreign currency translation adjustments	414	(232)	104	(339)
Change in retirement plan liabilities adjustment	1	45	18	123
Change in other comprehensive income (loss) related to discontinued operations	0	(4,125)	(945)	(2,452)
Corebridge Deconsolidation	0	0	7,214	0
Other comprehensive income (loss)	1,847	(4,918)	7,484	(2,743)
Comprehensive income (loss)	2,304	(2,171)	5,657	1,608
Comprehensive income (loss) attributable to noncontrolling interests	2	(712)	181	(263)
Comprehensive income (loss) attributable to AIG	$ 2,302	$ (1,459)	$ 5,476	$ 1,871

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (unaudited) - USD ($) $ in Millions	Total	Total AIG Share- holders' Equity	Preferred Stock and Additional Paid-in Capital	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Non- redeemable Non- controlling Interests
Balance, beginning of period at Dec. 31, 2022	$ 43,454	$ 40,970	$ 485	$ 4,766	$ (56,473)	$ 79,915	$ 34,893	$ (22,616)	$ 2,484
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under stock plans	(132)	(132)			241	(373)
Purchase of common stock	(1,959)	(1,959)			(1,959)
Net income (loss) attributable to AIG or noncontrolling interests	4,351	3,550					3,550		801
Dividends on preferred stock and preferred stock redemption premiums	(22)
Dividends on preferred stock	(22)	(22)					(22)
Dividends on common stock	(748)	(748)					(748)
Other comprehensive income (loss)	(2,743)	(1,679)						(1,679)	(1,064)
Net increase (decrease) due to divestitures and acquisitions	1,127	(92)				(1,858)		1,766	1,219
Contributions from noncontrolling interests	35								35
Distributions to noncontrolling interests	(317)								(317)
Other	167	96				80	16		71
Balance, end of period at Sep. 30, 2023	43,213	39,984	485	4,766	(58,191)	77,764	37,689	(22,529)	3,229
Balance, beginning of period at Jun. 30, 2023	46,491	42,454	485	4,766	(57,408)	77,677	35,916	(18,982)	4,037
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under stock plans	8	8			11	(3)
Purchase of common stock	(794)	(794)			(794)
Net income (loss) attributable to AIG or noncontrolling interests	2,747	2,027					2,027		720
Dividends on preferred stock and preferred stock redemption premiums	(7)
Dividends on preferred stock	(7)	(7)					(7)
Dividends on common stock	(254)	(254)					(254)
Other comprehensive income (loss)	(4,918)	(3,486)						(3,486)	(1,432)
Net increase (decrease) due to divestitures and acquisitions	(48)	(6)				55		(61)	(42)
Contributions from noncontrolling interests	8								8
Distributions to noncontrolling interests	(65)								(65)
Other	45	42				35	7		3
Balance, end of period at Sep. 30, 2023	43,213	39,984	485	4,766	(58,191)	77,764	37,689	(22,529)	3,229
Balance, beginning of period at Dec. 31, 2023	51,301	45,351	485	4,766	(59,189)	75,810	37,516	(14,037)	5,950
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under stock plans	8	8			322	(314)
Redemption of preferred stock	(485)	(485)	(485)
Purchase of common stock	(4,877)	(4,877)			(4,877)
Net income (loss) attributable to AIG or noncontrolling interests	(1,827)	(2,302)					(2,302)		475
Dividends on preferred stock and preferred stock redemption premiums	(22)	(22)					(22)
Dividends on common stock	(758)	(758)					(758)
Other comprehensive income (loss)	7,484	7,778						7,778	(294)
Net increase (decrease) due to divestitures and acquisitions	(5,891)	119				(418)		537	(6,010)
Contributions from noncontrolling interests	28								28
Distributions to noncontrolling interests	(72)								(72)
Other	184	227				232	(5)		(43)
Balance, end of period at Sep. 30, 2024	45,073	45,039	0	4,766	(63,744)	75,310	34,429	(5,722)	34
Balance, beginning of period at Jun. 30, 2024	44,475	44,445	0	4,766	(62,255)	75,274	34,225	(7,565)	30
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued under stock plans	25	25			29	(4)
Purchase of common stock	(1,518)	(1,518)			(1,518)
Net income (loss) attributable to AIG or noncontrolling interests	457	459					459		(2)
Dividends on preferred stock and preferred stock redemption premiums	0
Dividends on common stock	(254)	(254)					(254)
Other comprehensive income (loss)	1,847	1,843						1,843	4
Net increase (decrease) due to divestitures and acquisitions	(6)								(6)
Other	47	39				40	(1)		8
Balance, end of period at Sep. 30, 2024	$ 45,073	$ 45,039	$ 0	$ 4,766	$ (63,744)	$ 75,310	$ 34,429	$ (5,722)	$ 34

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (unaudited) (Parenthetical) - $ / shares	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Stockholders' Equity [Abstract]
Dividends on preferred stock (in dollars per share)	$ 365.625	$ 365.625	$ 1,096.875
Dividends on common stock (in dollars per share)	$ 0.36	$ 1.16	$ 1.04

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income (loss)		$ (1,827)	$ 4,351
(Income) loss from discontinued operations		3,580	(2,472)
Noncash revenues, expenses, gains and losses included in income (loss):
Net losses on sales of securities available for sale and other assets		132	578
Net gain on divestitures and other		(94)	(89)
Loss on extinguishment of debt		1	21
Unrealized (gains) losses in earnings - net		(4)	564
Equity in income from equity method investments, net of dividends or distributions		(57)	(4)
Depreciation and other amortization		2,607	2,893
Impairments of assets		24	14
Changes in operating assets and liabilities:
Insurance reserves		1,864	2,554
Premiums and other receivables and payables - net		(539)	122
Reinsurance assets, net		(1,199)	(1,597)
Capitalization of deferred policy acquisition costs		(2,665)	(3,319)
Current and deferred income taxes - net		(5)	176
Other, net		1,434	951
Total adjustments		1,499	2,864
Net cash provided by operating activities - continuing operations		3,252	4,743
Net cash used in operating activities - discontinued operations		(104)	(119)
Net cash provided by operating activities		3,148	4,624
Sales or distributions of:
Available for sale securities		7,323	12,969
Other securities		192	320
Other invested assets		1,298	645
Divestitures, net		6	237
Maturities of fixed maturity securities available for sale		6,887	6,096
Principal payments received on and sales of mortgage and other loans receivable		483	741
Purchases of:
Available for sale securities		(13,254)	(18,263)
Other securities		(224)	(204)
Other invested assets		(364)	(505)
Mortgage and other loans receivable		(294)	(718)
Net change in short-term investments		1,324	(1,621)
Other, net		(187)	(1,292)
Net cash provided by (used in) investing activities - continuing operations		3,190	(1,595)
Net cash used in investing activities - discontinued operations		(4,171)	(2,478)
Net cash used in investing activities		(981)	(4,073)
Proceeds from (payments for)
Purchase of common stock		(4,830)	(1,927)
Redemption of preferred stock		(485)	0
Dividends on preferred stock and preferred stock redemption premiums		(22)	(22)
Dividends on common stock		(758)	(748)
Other, net		137	628
Net cash used in financing activities - continuing operations		(6,468)	(2,008)
Net cash provided by financing activities - discontinued operations		4,409	1,769
Net cash used in financing activities		(2,059)	(239)
Effect of exchange rate changes on cash and restricted cash		(37)	(37)
Net increase in cash and restricted cash		71	275
Cash and restricted cash at beginning of year		1,573	1,571
Cash and restricted cash of held for sale assets		(85)	(395)
Cash and restricted cash at end of period		1,559	1,451
Cash Equivalents, Restricted Cash and Restricted Cash Equivalents:
Cash		1,472	1,424
Restricted cash included in Short-term investments	[1]	72	1
Restricted cash included in Other assets	[1]	15	26
Total cash and restricted cash shown in the Condensed Consolidated Statements of Cash Flows		1,559	1,451
Cash paid during the period for:
Interest		581	745
Taxes		811	473
Non-cash investing activities:
Fixed maturity securities available for sale received in connection with pension risk transfer transactions		1,316	2,818
Fixed maturity securities and other invested assets received in connection with reinsurance transactions		254	0
Fixed maturity securities and other invested assets transferred in connection with reinsurance transactions		(148)	(825)
Non-cash financing activities:
Interest credited to policyholder contract deposits included in financing activities		2,416	3,217
Fee income debited to policyholder contract deposits included in financing activities		(1,426)	(1,567)
Consolidated VIE
Proceeds from (payments for)
Repayments of debt		(1)	(6)
Consolidated Entity, Excluding Consolidated VIE
Proceeds from (payments for)
Issuance of debt		1	742
Repayments of debt		$ (510)	$ (675)

[1] Includes funds held for tax sharing payments to AIG Parent, security deposits, and replacement reserve deposits related to real estate.

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation American International Group, Inc. is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. Unless the context indicates otherwise, the terms “AIG,” “we,” “us,” “our” or "the Company" mean American International Group, Inc. and its consolidated subsidiaries, and the term “AIG Parent” means American International Group, Inc. and not any of its consolidated subsidiaries. These unaudited Condensed Consolidated Financial Statements do not include all disclosures that are normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) and should be read in conjunction with the audited Consolidated Financial Statements and the related notes included in our Annual Report on Form 10-K for the year ended December 31, 2023 (the 2023 Annual Report). The condensed consolidated financial information as of December 31, 2023 included herein has been derived from the audited Consolidated Financial Statements in the 2023 Annual Report. In the opinion of management, these Condensed Consolidated Financial Statements contain normal recurring adjustments, including eliminations of material intercompany accounts and transactions, necessary for a fair statement of the results presented herein. Operating results for the nine months ended September 30, 2024, are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. We evaluated the need to recognize or disclose events that occurred subsequent to September 30, 2024 and prior to the issuance of these Condensed Consolidated Financial Statements. Prior year Condensed Consolidated Financial Statements have been reclassified for comparative purpose to conform with the captions presented in the current year. AMENDED AND RESTATED CREDIT AGREEMENT On September 27, 2024, AIG entered into the amended and restated credit agreement (Amended Credit Agreement) that amends and restates AIG's credit agreement, dated as of November 19, 2021, which provides for a syndicated, multicurrency revolving credit facility as a potential source of liquidity for general corporate purposes. The Amended Credit Agreement provides for a five-year total commitment of $3.0 billion, consisting of standby letters of credit and/or revolving credit borrowings. Under the Amended Credit Agreement, the applicable rate, commitment fee and letter of credit fee are determined by reference to the credit ratings of AIG’s senior long-term unsecured debt. The Amended Credit Agreement is scheduled to expire in September 2029. As of September 30, 2024, there were no borrowings or letters of credit outstanding under the Amended Credit Agreement, so that a total of approximately $3.0 billion remains available under the Amended Credit Agreement. SALES/DISPOSALS OF ASSETS AND BUSINESSES Global Personal Travel Business On June 26, 2024, AIG announced that it has entered into a definitive agreement to sell its global individual personal travel insurance and assistance business to Zurich Insurance Group for $600 million in cash plus additional earn-out consideration. The sale is expected to close by the end of 2024, subject to customary closing conditions, including the receipt of regulatory approvals. For further details, see Note 4. USE OF ESTIMATES The preparation of financial statements in accordance with U.S. 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: • loss reserves; • reinsurance assets, including the allowance for credit losses and disputes; • goodwill impairment; • allowance for credit losses on certain investments, primarily on loans and available for sale fixed maturity securities; • fair value measurements of certain financial assets and financial liabilities; and • income taxes, in particular the recoverability of our deferred tax asset and establishment of provisions for uncertain tax positions. 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. Certain critical accounting estimates were eliminated as a result of the deconsolidation of Corebridge Financial, Inc. (Corebridge), the holding company for AIG's former Life and Retirement business, in the second quarter of 2024. There were no changes to the remaining critical accounting estimates.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies ACCOUNTING STANDARDS ADOPTED DURING 2024 Fair Value Measurement On June 30, 2022, the Financial Accounting Standards Board (FASB) issued an accounting standards update 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 on AIG Consolidated Financial Statements. FUTURE APPLICATION OF ACCOUNTING STANDARDS Income Tax In December 2023, the FASB issued an accounting standard update 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 should be applied on a prospective basis, but retrospective application is permitted. We are assessing the impact of this standard. Segment Reporting

Segment Information

Segment Information	9 Months Ended
Segment Information	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Information	3. Segment Information As a result of the Corebridge deconsolidation, we no longer present a Life and Retirement segment and no longer include asset management and Corebridge Life Holdings, Inc. interest and general expenses within the Other Operations segment. Historical results of Other Operations have been revised to reflect these changes. Previously reported results for the General Insurance segment were not impacted by the Corebridge deconsolidation. For further details on the separation of the Life and Retirement business, see Note 4. As presented herein and reflecting the Corebridge deconsolidation, we report our results of operations consistent with the manner in which our chief operating decision makers review the business to assess performance and allocate resources, as follows: GENERAL INSURANCE General Insurance business is presented as two operating segments: • North America – consists of insurance businesses in the United States, Canada and Bermuda. • International – consists of regional insurance businesses in Japan, the United Kingdom, Europe, Middle East and Africa (EMEA region), Asia Pacific, Latin America and Caribbean, and China. International also includes the results of Talbot Underwriting Ltd. as well as AIG’s Global Specialty business. North America and International operating segments consist of the following products: – Commercial Lines – consists of Property, Liability, Financial Lines and Specialty. – Personal Insurance – consists of Accident & Health and Personal Lines. For further discussion on recent activity in the General Insurance business, see Note 1 and Note 4 herein and Note 1 to the Consolidated Financial Statements in the 2023 Annual Report. OTHER OPERATIONS Other Operations primarily consists of income and expenses from assets, including AIG's ownership of Corebridge, held by AIG Parent and other corporate subsidiaries, deferred tax assets related to tax attributes, corporate expenses and intercompany eliminations, results of our consolidated investment entities, General Insurance portfolios in run-off as well as the historical results of our legacy insurance lines ceded to Fortitude Reinsurance Company Ltd. (Fortitude Re). SEGMENT RESULTS We evaluate segment performance based on adjusted revenues and adjusted pre-tax income (loss). Adjusted revenues and adjusted pre-tax income (loss) are derived by excluding certain items from total revenues and income (loss) from continuing operations before income tax expense (pre-tax income (loss)), respectively. 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 measures 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. For the items excluded from adjusted revenues and adjusted pre-tax income (loss), see the table below. The following table presents AIG’s continuing operations by operating segment: Three Months Ended September 30, 2024 2023 (in millions) Adjusted Adjusted Adjusted Adjusted General Insurance North America - Underwriting income $ 2,638 $ 37 (a) $ 3,079 $ 235 (a) International - Underwriting income 3,309 400 (a) 3,343 376 (a) Net investment income 773 773 756 756 Total General Insurance 6,720 1,210 7,178 1,367 Other Operations Other Operations before consolidation and eliminations 123 (141) 171 (271) Consolidation and eliminations — (2) (22) (7) Total Other Operations 123 (143) 149 (278) Total 6,843 1,067 7,327 1,089 Reconciling items: Changes in the fair values of equity securities and AIG's investment in Corebridge 25 25 31 31 Other income (expense) - net (1) — 17 — Loss on extinguishment of debt — — — (21) Net investment income on Fortitude Re funds withheld assets 51 51 29 29 Net realized losses on Fortitude Re funds withheld assets (18) (18) (3) (3) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative (157) (157) 57 57 Net realized gains (losses) (b) 8 7 (191) (190) Net gain (loss) on divestitures and other — (8) — 101 Three Months Ended September 30, 2024 2023 (in millions) Adjusted Adjusted Adjusted Adjusted (Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements — (126) — 75 Net loss reserve discount charge — (29) — (5) Pension expense related to lump sum payments to former employees — — — (8) Integration and transaction costs associated with acquiring or divesting businesses — (22) — (2) Restructuring and other costs — (137) — (49) Non-recurring costs related to regulatory or accounting changes — (4) — (4) Revenues and pre-tax income $ 6,751 $ 649 $ 7,267 $ 1,100 Nine Months Ended September 30, 2024 2023 (in millions) Adjusted Adjusted Adjusted Adjusted General Insurance North America - Underwriting income $ 7,610 $ 424 (a) $ 9,254 $ 886 (a) International - Underwriting income 9,872 1,039 (a) 9,924 821 (a) Net investment income 2,281 2,281 2,227 2,227 Total General Insurance 19,763 3,744 21,405 3,934 Other Operations Other Operations before consolidation and eliminations 431 (496) 490 (815) AIG consolidation and eliminations (3) (3) (61) (20) Total Other Operations 428 (499) 429 (835) Total 20,191 3,245 21,834 3,099 Reconciling items: Changes in the fair values of equity securities and AIG's investment in Corebridge 172 172 93 93 Other income (expense) - net 16 — 40 — Gain (loss) on extinguishment of debt — (1) — (21) Net investment income on Fortitude Re funds withheld assets 123 123 106 106 Net realized losses on Fortitude Re funds withheld assets (38) (38) (64) (64) Net realized losses on Fortitude Re funds withheld embedded derivative (158) (158) (25) (25) Net realized losses (b) (232) (234) (577) (573) Net gain (loss) on divestitures and other — 94 — 89 Non-operating litigation reserves and settlements — — 1 — (Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements — (66) — 112 Net loss reserve discount benefit (charge) — (131) — (85) Pension expense related to lump sum payments to former employees — — — (62) Integration and transaction costs associated with acquiring or divesting businesses — (37) — (10) Restructuring and other costs (c) — (630) — (264) Non-recurring costs related to regulatory or accounting changes — (15) — (19) Net impact from elimination of international reporting lag (d) — — 4 12 Revenues and pre-tax income $ 20,074 $ 2,324 $ 21,412 $ 2,388 (a) General Insurance North America’s and General Insurance International’s Adjusted pre-tax income does not include Net investment income as the investment portfolio results are managed at the General Insurance level. Net investment income is shown separately as a component of General Insurance’s total Adjusted pre-tax income results. (b) Includes all Net realized gains and losses except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedging or for asset replication and net realized gains and losses on Fortitude Re funds withheld assets held by AIG in support of Fortitude Re’s reinsurance obligations to AIG (Fortitude Re funds withheld assets). (c) In the three and nine months ended September 30, 2024, Restructuring and other costs increased primarily as a result of employee-related costs, including severance, and real estate impairment charges. (d) For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report.

Held-For-Sale Classification an

Held-For-Sale Classification and Discontinued Operations Presentation	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Held-For-Sale Classification and Discontinued Operations Presentation	4. Held-For-Sale Classification & Discontinued Operations Presentation HELD-FOR-SALE CLASSIFICATION We report and classify a business or a component of an entity as held-for-sale (Held-For-Sale Business) when management has approved the sale or received approval to sell the business and is committed to a formal plan, the business is available for immediate sale, the business is being actively marketed, the sale is anticipated to occur during the next 12 months and certain other specified criteria are met. A Held-For-Sale Business is recorded at the lower of its carrying amount or estimated fair value less cost to sell. If the carrying amount of the business exceeds its estimated fair value, a loss is recognized. Assets and liabilities related to a Held-For-Sale Business are reported in Assets held for sale and Liabilities held for sale, respectively, in our Condensed Consolidated Balance Sheets beginning in the period in which the business is classified as held-for-sale. At September 30, 2024, businesses and assets reported and classified as held-for-sale primarily consisted of our global personal travel insurance and assistance business, described below. Nippon Sale On May 16, 2024, AIG entered into a stock purchase agreement with Corebridge and Nippon Life Insurance Company (Nippon), a mutual company (sougogaisha) organized under the laws of Japan, pursuant to which AIG agreed to sell 121,956,256 shares of common stock of Corebridge, representing approximately 20 percent of the issued and outstanding common stock at signing, to Nippon for aggregate consideration of $3.8 billion in cash. The transaction is expected to close in the first quarter of 2025, subject to certain closing conditions, including the receipt of regulatory approvals. As a result, Corebridge met the criteria to be presented as held-for-sale and discontinued operations. In addition, on June 9, 2024, AIG met the requirements for the deconsolidation of Corebridge. For further details, see — Discontinued Operations Presentation below. Global Personal Travel Business On June 26, 2024, AIG entered into a definitive agreement to sell its global individual personal travel insurance and assistance business to Zurich Insurance Group for $600 million in cash plus additional earn-out consideration. The agreement includes the Travel Guard business and its servicing capabilities, excluding our travel insurance businesses in Japan and our AIG joint venture arrangement in India. Travel coverages offered through AIG’s Accident & Health business are also excluded from this agreement. The sale is expected to close by the end of 2024, subject to customary closing conditions, including regulatory approvals. The results of our global individual personal travel insurance and assistance business are reported in General Insurance North America and International. DISCONTINUED OPERATIONS PRESENTATION We present a business, or a component of an entity, as discontinued operations if a) it meets the held-for-sale criteria, or is disposed of by sale, or is disposed of other than by sale, and b) the disposal of the business, or component of an entity, represents a strategic shift that has (or will have) a major effect on AIG’s financial results. In September 2022, AIG closed on the initial public offering of Corebridge. Since September 2022 and through June 9, 2024, AIG sold portions of its interests in Corebridge through secondary public offerings. On June 9, 2024, AIG held 48.4 percent of Corebridge common stock, waived its right to majority representation on the Corebridge Board of Directors and one of AIG's designees resigned from the Corebridge Board of Directors as of June 9, 2024 (the Deconsolidation Date). As a result, AIG met the requirements for the deconsolidation of Corebridge. The historical financial results of Corebridge, for all periods presented, are reflected in these Condensed Consolidated Financial Statements as discontinued operations. On June 3, 2024, AIG closed on a secondary offering of 30 million shares of Corebridge common stock. The sale was recorded as an equity transaction as AIG controlled Corebridge as of the transaction date. The aggregate gross proceeds of the offering, before deducting underwriting discounts and commission and other expenses payable by AIG, were $876 million. As a result of the offering, AIG recorded an increase of $261 million in Total AIG shareholders' equity. On July 2, 2024, the underwriters exercised their option to purchase an additional 1.9 million shares, which reduced AIG's remaining investment in Corebridge reported in Other invested assets. On August 5, 2024, AIG entered into a Share Repurchase Agreement with Corebridge. The per share purchase price was $24.90, the closing price of Corebridge’s common stock on the New York Stock Exchange on August 5, 2024. This repurchase was completed on August 7, 2024 for an aggregate purchase price of approximately $200 million. Due to share repurchases by Corebridge and sale of shares by AIG after the Deconsolidation Date, as of September 30, 2024, AIG held 48.6 percent of the outstanding common stock of Corebridge. The assets and liabilities of Corebridge are classified as Assets of discontinued operations and Liabilities of discontinued operations in AIG’s Condensed Consolidated Balance Sheets as of December 31, 2023. The results of operations of Corebridge are reported as discontinued operations for all periods presented in the Condensed Consolidated Statement of Income (Loss). In the second quarter of 2024, AIG recognized a loss of $4.7 billion as a result of the deconsolidation, mainly due to the recognition of accumulated comprehensive loss of $7.2 billion. The loss is recorded as a component of discontinued operations. Corebridge was previously reported in Life and Retirement and Other Operations. Subsequent to the Deconsolidation Date, AIG has elected the fair value option and will reflect its retained interest in Corebridge as an equity method investment in Other invested assets in AIG's Condensed Consolidated Balance Sheets using Corebridge’s stock price as its fair value. Dividends received from Corebridge and changes in its stock price are recognized in Net investment income in AIG’s Condensed Consolidated Financial Statements. The following provides financial information related to Corebridge as an equity method investee as if Corebridge was an equity method investee for the periods presented. The “Equity method income (loss) related to Corebridge (based on fair value)” assumes a retained interest in Corebridge of 48.6 percent and is calculated based on the changes in Corebridge’s stock price for the periods presented. Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Corebridge pre-tax income $ (1,594) $ 2,461 $ (122) $ 2,703 Equity method income (loss) related to Corebridge (based on fair value) $ 11 $ 584 $ 2,094 $ (87) The following table summarizes the components of assets and liabilities held-for-sale and assets and liabilities of discontinued operations on the Condensed Consolidated Balance Sheets at September 30, 2024 and December 31, 2023: September 30, 2024 December 31, 2023 (in millions) Assets Assets Corebridge Assets: Investments: Fixed maturity securities: Bonds available for sale, at fair value, net of allowance for credit losses $ — $ 14 $ 166,657 Other bond securities, at fair value — — 4,579 Equity securities, at fair value — — 63 Mortgage and other loans receivable, net of allowance for credit losses — — 46,732 Other invested assets — — 9,916 Short-term investments 11 1 4,346 Total investments 11 15 232,293 Cash 85 — 618 Accrued investment income — — 2,011 Premiums and other receivables, net of allowance for credit losses and disputes 32 9 709 Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes — — 26,772 Reinsurance assets - other, net of allowance for credit losses and disputes 3 2,519 Deferred income taxes (9) — 8,307 Deferred policy acquisition costs — — 10,782 Market risk benefit assets, at fair value — — 912 Other assets, net of allowance for credit losses (a) 18 3 2,820 Separate account assets, at fair value — — 91,005 Total assets held for sale/assets of discontinued operations $ 137 $ 30 $ 378,748 Liabilities: Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses $ — $ 19 $ — Unearned premiums — 7 65 Future policy benefits — — 57,946 Policyholder contract deposits — — 161,979 Market risk benefit liabilities, at fair value — — 5,705 Other policyholder funds — — 2,862 Fortitude Re funds withheld payable — — 25,957 Other liabilities 78 2 8,790 September 30, 2024 December 31, 2023 (in millions) Assets Assets Corebridge Short-term and long-term debt — — 9,420 Debt of consolidated investment entities — — 2,360 Separate account liabilities — — 91,005 Total liabilities held for sale/liabilities of discontinued operations $ 78 $ 28 $ 366,089 (a) Other assets, net of allowance for credit losses includes goodwill and other intangibles of $116 million and $3 million, respectively, for Corebridge at December 31, 2023. The following table presents the amounts related to the operations of Corebridge that have been reflected in Net income from discontinued operations: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Revenues: Premiums $ — $ 701 $ 2,723 $ 5,249 Policy fees — 702 1,269 2,094 Net investment income — 2,705 5,238 8,125 Net realized gains (losses) — 1,216 (923) (464) Other income — 186 372 561 Total revenues — 5,510 8,679 15,565 Benefits, losses and expenses: Policyholder benefits and losses incurred — 1,106 3,618 6,478 Change in the fair value of market risk benefits, net — (418) (350) (484) Interest credited to policyholder account balances — 1,135 2,184 3,237 Amortization of deferred policy acquisition costs — 268 465 779 General operating and other expenses — 805 1,350 2,317 Interest expense — 143 249 474 Net (gain) loss on divestitures and other — 2 (191) (52) Total benefits, losses and expenses — 3,041 7,325 12,749 Income (loss) from discontinued operations before income tax expense (benefit) and loss on disposal of discontinued operations — 2,469 1,354 2,816 Income tax expense (benefit) — 420 226 341 Income (loss) from discontinued operations, net of income taxes before loss on disposal of discontinued operations — 2,049 1,128 2,475 Loss on disposition of operations, net of tax (24) (3) (4,708) (3) Income (loss) from discontinued operations, net of income taxes (24) 2,046 (3,580) 2,472 Less: Net income (loss) from discontinued operations attributable to noncontrolling interests (2) 720 475 801 Net income (loss) from discontinued operations attributable to AIG $ (22) $ 1,326 $ (4,055) $ 1,671 DISCONTINUED OPERATIONS LOSS PRESENTATION The loss recognized in the second quarter of 2024 for the deconsolidation of Corebridge includes (i) $8.5 billion of retained investment in Corebridge (Corebridge’s quoted stock price is used for fair value measurement, which is classified as level 1 in the fair value hierarchy), (ii) $817 million of certain other investments (considered level 3 in the fair value hierarchy) which are measured based on valuation techniques (i.e., third party appraisals) that use significant inputs (i.e., terminal capital rate and discount rate), and (iii) $378 million of an unsettled receivable. For details on fair value hierarchy, see Note 5. The loss on deconsolidation of Corebridge is calculated as follows: (in millions) Corebridge retained investment (48.4% 28.90 per share at June 9, 2024) $ 8,502 Retained interest in certain investment entities and other assets 1,195 Net fair value of assets retained 9,697 Corebridge book value at June 9, 2024 12,392 Less: Noncontrolling interests 5,732 Corebridge book value excluding noncontrolling interest 6,660 Gain on sale pre-tax 3,037 Tax expense 507 Subtotal: After tax gain 2,530 Reclassification adjustment of Accumulated other comprehensive loss at June 9, 2024 (7,214) Loss on sale of Corebridge - after-tax $ (4,684)

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements FAIR VALUE MEASUREMENTS ON A RECURRING BASIS Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are measured and classified in accordance with a fair value hierarchy consisting of three “levels” based on the observability of valuation inputs: • Level 1: Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments. • Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions about the inputs a hypothetical market participant would use to value that asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: September 30, 2024 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available for sale: U.S. government and government sponsored entities $ 1 $ 4,513 $ — $ — $ — $ 4,514 Obligations of states, municipalities and political subdivisions — 4,647 4 — — 4,651 Non-U.S. governments 181 8,545 7 — — 8,733 Corporate debt — 32,649 385 — — 33,034 RMBS — 4,324 2,095 — — 6,419 CMBS — 4,024 82 — — 4,106 CLO/ABS — 3,540 983 — — 4,523 Total bonds available for sale 182 62,242 3,556 — — 65,980 Other bond securities: Obligations of states, municipalities and political subdivisions — 52 — — — 52 Non-U.S. governments — 27 — — — 27 Corporate debt — 253 46 — — 299 RMBS — 52 55 — — 107 CMBS — 44 — — — 44 CLO/ABS — 87 147 — — 234 Total other bond securities — 515 248 — — 763 Equity securities 739 15 13 — — 767 Other invested assets (b) 8,143 129 158 — — 8,430 Derivative assets (c) : Interest rate contracts — 305 — — — 305 Foreign exchange contracts — 249 — — — 249 Equity contracts — — 31 — — 31 Credit contracts — — 33 — — 33 Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (276) (241) (517) Total derivative assets — 554 65 (276) (241) 102 Short-term investments 4,969 3,853 — — — 8,822 Other assets (c) — — 129 — — 129 Total (d) $ 14,033 $ 67,308 $ 4,169 $ (276) $ (241) $ 84,993 Liabilities: Derivative liabilities (c) : Interest rate contracts $ — $ 333 $ — $ — $ — $ 333 Foreign exchange contracts — 255 — — — 255 Equity contracts — — 31 — — 31 Credit contracts — — 34 — — 34 Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (276) (209) (485) Total derivative liabilities — 588 66 (276) (209) 169 Fortitude Re funds withheld payable — — — — — — Other liabilities — — 99 — — 99 Total $ — $ 588 $ 165 $ (276) $ (209) $ 268 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 $ 15 $ 4,380 $ — $ — $ — $ 4,395 Obligations of states, municipalities and political subdivisions — 4,830 3 — — 4,833 Non-U.S. governments 233 8,156 7 — — 8,396 Corporate debt — 32,023 323 — — 32,346 RMBS — 4,415 1,792 — — 6,207 CMBS — 4,122 25 — — 4,147 CLO/ABS — 3,629 1,289 — — 4,918 Total bonds available for sale 248 61,555 3,439 — — 65,242 Other bond securities: Obligations of states, municipalities and political subdivisions — 51 — — — 51 Non-U.S. governments — 24 — — — 24 Corporate debt — 210 45 — — 255 RMBS — 42 51 — — 93 CMBS — 33 — — — 33 CLO/ABS — 69 138 — — 207 Total other bond securities — 429 234 — — 663 Equity securities 612 39 14 — — 665 Other invested assets (b) — 155 221 — — 376 Derivative assets (c) : Interest rate contracts — 335 406 — — 741 Foreign exchange contracts — 450 1 — — 451 Equity contracts — 18 48 — — 66 Credit contracts — — 33 — — 33 Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (450) (711) (1,161) Total derivative assets — 803 489 (450) (711) 131 Short-term investments 2,613 6,750 — — — 9,363 Other assets (c) — — 243 — — 243 Total (d) $ 3,473 $ 69,731 $ 4,640 $ (450) $ (711) $ 76,683 Liabilities: Derivative liabilities (c) : Interest rate contracts $ — $ 352 $ — $ — $ — $ 352 Foreign exchange contracts — 561 3 — — 564 Credit contracts — 3 33 — — 36 Counterparty netting and cash collateral — — — (450) (249) (699) Total derivative liabilities — 916 36 (450) (249) 253 Fortitude Re funds withheld payable — — (148) — — (148) Other liabilities — 107 122 — — 229 Total $ — $ 1,023 $ 10 $ (450) $ (249) $ 334 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Excludes investments that are measured at fair value using the net asset value (NAV) per share (or its equivalent), which totaled $3.4 billion and $3.8 billion as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 , includes AIG's ownership interest in Corebridge of $8.1 billion on which AIG elected the fair value option. (c) Presented as part of Other assets and Other liabilities on the Condensed Consolidated Balance Sheets. (d) Excludes $1 million and $15 million as of September 30, 2024 and December 31, 2023, respectively, of assets reclassified to Assets held for sale on the Condensed Consolidated Balance Sheets. CHANGES IN LEVEL 3 RECURRING FAIR VALUE MEASUREMENTS The following tables present changes during the three and nine months ended September 30, 2024 and 2023 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at September 30, 2024 and 2023: (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Three Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 4 $ — $ — $ — $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 7 — — — — — — 7 — — Corporate debt 359 (3) 18 4 — — 7 385 — 14 RMBS 2,016 (1) 110 (23) — — (7) 2,095 — 63 CMBS 94 (1) 1 (12) — — — 82 — — CLO/ABS 1,275 (11) 33 (314) — — — 983 — 23 Total bonds available for sale 3,755 (16) 162 (345) — — — 3,556 — 100 Other bond securities: Corporate Debt 44 — — — — — 2 46 2 — RMBS 49 3 — (2) — — 5 55 — — CLO/ABS 145 3 — (1) — — — 147 3 — Total other bond securities 238 6 — (3) — — 7 248 5 — Equity securities 13 1 — 2 — — (3) 13 — — Other invested assets 145 (3) — 5 — — 11 158 — — Other assets 130 — — (1) — — — 129 — — Total $ 4,281 $ (12) $ 162 $ (342) $ — $ — $ 15 $ 4,104 $ 5 $ 100 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (3) $ — $ — $ 3 $ — $ — $ — $ — $ — $ — Equity contracts (35) — — (1) — — 36 — 2 — Credit contracts — 1 — — — — — 1 (1) — Other contracts (1) — — — — — 1 — 1 — Total derivative liabilities, net (a) (39) 1 — 2 — — 37 1 2 — Fortitude Re funds withheld payable (154) 157 — (3) — — — — (153) — Other Liabilities 99 — — — — — — 99 — — Total $ (94) $ 158 $ — $ (1) $ — $ — $ 37 $ 100 $ (151) $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 16 $ (1) $ — $ (11) $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 6 — — (3) — — — 3 — — Corporate debt 418 (2) (12) (63) 30 (16) — 355 — (13) RMBS 1,868 26 (15) (63) — (3) 7 1,820 — (16) CMBS 48 (7) — 6 31 (24) — 54 — (5) CLO/ABS 1,396 (14) 19 (27) — (32) 2 1,344 — (3) Total bonds available for sale 3,752 2 (8) (161) 61 (75) 9 3,580 — (37) Other bond securities: Corporate debt 44 1 — — — — — 45 1 — RMBS 52 — — (2) — — — 50 1 — CLO/ABS 154 (2) — (1) 1 — 1 153 (4) — Total other bond securities 250 (1) — (3) 1 — 1 248 (2) — Equity securities 28 — — (2) — (12) — 14 — — Other invested assets 227 3 — (2) 10 — — 238 3 — Other assets 111 — — 1 — — — 112 — — Total $ 4,368 $ 4 $ (8) $ (167) $ 72 $ (87) $ 10 $ 4,192 $ 1 $ (37) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (339) $ (174) $ — $ (20) $ — $ — $ — $ (533) $ 128 $ — Foreign exchange contracts 2 (1) — 1 — — — 2 — — Equity contracts (399) 178 — 91 — — — (130) (65) — Credit contracts — 1 — (1) — — — — (1) — Other contracts (1) (1) — 1 — — — (1) 1 — Total derivative liabilities, net(a) (737) 3 — 72 — — — (662) 63 — Fortitude Re funds withheld payable (269) (57) — (29) — — — (355) 78 — Other liabilities 98 (6) — — — — — 92 — — Total $ (908) $ (60) $ — $ 43 $ — $ — $ — $ (925) $ 141 $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Nine Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 3 $ — $ — $ 1 $ — $ — $ — $ 4 $ — $ (5) Non-U.S. governments 7 — — — — — — 7 — — Corporate debt 323 (2) 16 (56) 134 (37) 7 385 — 9 RMBS 1,792 46 108 (173) 287 (2) 37 2,095 — 3 CMBS 25 (5) 7 (30) 85 — — 82 — — CLO/ABS 1,289 (23) 65 (380) 44 (12) — 983 — 49 Total bonds available for sale 3,439 16 196 (638) 550 (51) 44 3,556 — 56 Other bond securities: Corporate debt 45 1 — — — — — 46 1 — RMBS 51 3 — (2) — (2) 5 55 2 — CLO/ABS 138 3 — 4 2 — — 147 1 — Total other bond securities 234 7 — 2 2 (2) 5 248 4 — Equity securities 14 1 — 2 — (1) (3) 13 1 — Other invested assets 221 (16) — (34) — (13) — 158 (12) — Other assets 243 — — (114) — — — 129 — — Total $ 4,151 $ 8 $ 196 $ (782) $ 552 $ (67) $ 46 $ 4,104 $ (7) $ 56 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (406) $ 61 $ — $ 345 $ — $ — $ — $ — $ (3) $ — Foreign exchange contracts 2 (2) — — — — — — — — Equity contracts (48) (18) — 30 — — 36 — 10 — Credit contracts — 1 — — — — — 1 (1) — Other contracts (1) (1) — 1 — — 1 — 1 — Total derivative liabilities, net (a) (453) 41 — 376 — — 37 1 7 — Fortitude Re funds withheld payable (148) 158 — (10) — — — — (106) — Other Liabilities 122 (2) — (21) — — — 99 — — Total $ (479) $ 197 $ — $ 345 $ — $ — $ 37 $ 100 $ (99) $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 20 $ (1) $ 1 $ (16) $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 2 — 1 (5) 7 (2) — 3 — 1 Corporate debt 879 (6) 5 (410) 138 (251) — 355 — (9) RMBS 1,884 85 11 (81) — (51) (28) 1,820 — 8 CMBS 207 (29) (1) 7 42 (172) — 54 — (15) CLO/ABS 1,483 (26) 39 (110) 17 (74) 15 1,344 — 1 Total bonds available for sale 4,475 23 56 (615) 204 (550) (13) 3,580 — (14) Other bond securities: Corporate debt — 1 — 44 — — — 45 1 — RMBS 65 2 — (17) — — — 50 (7) — CLO/ABS 158 (1) — (14) 1 (3) 12 153 (30) — Total other bond securities 223 2 — 13 1 (3) 12 248 (36) — Equity securities 13 2 — 2 10 (13) — 14 2 — Other invested assets 244 (4) — (12) 10 — — 238 (7) — Other assets 107 — — 5 — — — 112 — — Total $ 5,062 $ 23 $ 56 $ (607) $ 225 $ (566) $ (1) $ 4,192 $ (41) $ (14) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (311) $ (90) $ — $ (132) $ — $ — $ — $ (533) $ 146 $ — Foreign exchange contracts — 1 — 1 — — — 2 (2) — Equity contracts (271) 109 — 32 — — — (130) (49) — Credit contracts — — — — — — — — (1) — Other contracts (1) (2) — 2 — — — (1) 2 — Total derivative liabilities, net (a) (583) 18 — (97) — — — (662) 96 — Fortitude Re funds withheld payable (41) 25 — (339) — — — (355) 30 — Other liabilities 112 (20) — — — — — 92 — — Total $ (512) $ 23 $ — $ (436) $ — $ — $ — $ (925) $ 126 $ — (a) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. Net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities shown above are reported in the Condensed Consolidated Statements of Income (Loss) as follows: (in millions) Net Net Realized Total Three Months Ended September 30, 2024 Assets: Bonds available for sale $ 25 $ (41) $ (16) Other bond securities 6 — 6 Equity securities 1 — 1 Other invested assets (3) — (3) Three Months Ended September 30, 2023 Assets: Bonds available for sale $ 40 $ (38) $ 2 Other bond securities (1) — (1) Other invested assets 4 (1) 3 Nine Months Ended September 30, 2024 Assets: Bonds available for sale $ 65 $ (49) $ 16 Other bond securities 7 — 7 Equity securities 1 — 1 Other invested assets (16) — (16) Nine Months Ended September 30, 2023 Assets: Bonds available for sale $ 77 $ (54) $ 23 Other bond securities 2 — 2 Equity securities 2 — 2 Other invested assets (3) (1) (4) (in millions) Net Net Realized Total Three Months Ended September 30, 2024 Liabilities: Derivative liabilities, net $ — $ 1 $ 1 Fortitude Re funds withheld payable — 157 157 Three Months Ended September 30, 2023 Liabilities: Derivative liabilities, net $ — $ 3 $ 3 Fortitude Re funds withheld payable — (57) (57) Other Liabilities — (6) (6) Nine Months Ended September 30, 2024 Liabilities: Derivative liabilities, net $ — $ 41 $ 41 Fortitude Re funds withheld payable — 158 158 Other Liabilities — (2) (2) Nine Months Ended September 30, 2023 Liabilities: Derivative liabilities, net $ — $ 18 $ 18 Fortitude Re funds withheld payable — 25 25 Other Liabilities — (20) (20) The following table presents the gross components of purchases, sales, issuances and settlements, net, shown above, for the three and nine months ended September 30, 2024 and 2023 related to Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets: (in millions) Purchases Sales Issuances and Settlements (a) Purchases, Sales, Issuances and Settlements, Net (a) Three Months Ended September 30, 2024 Assets: Bonds available for sale: Corporate debt $ 10 $ (4) $ (2) $ 4 RMBS 87 (45) (65) (23) CMBS — (12) — (12) CLO/ABS 270 (563) (21) (314) Total bonds available for sale 367 (624) (88) (345) Other bond securities: RMBS — — (2) (2) CLO/ABS — — (1) (1) Total other bond securities — — (3) (3) Equity securities 2 — — 2 Other invested assets 17 — (12) 5 Other assets — — (1) (1) Total $ 386 $ (624) $ (104) $ (342) Liabilities: Derivative liabilities, net $ — $ — $ 2 $ 2 Fortitude Re funds withheld payable — — (3) (3) Total $ — $ — $ (1) $ (1) Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (11) $ — $ (11) Non-U.S. governments $ — $ — $ (3) $ (3) Corporate debt 5 — (68) (63) RMBS 18 (6) (75) (63) CMBS — (7) 13 6 CLO/ABS 76 (151) 48 (27) Total bonds available for sale 99 (175) (85) (161) Other bond securities: RMBS — — (2) (2) CLO/ABS — (10) 9 (1) Total other bond securities — (10) 7 (3) Equity securities — (2) — (2) Other invested assets — — (2) (2) Other assets — — 1 1 Total $ 99 $ (187) $ (79) $ (167) Liabilities: Derivative liabilities, net $ (91) $ 3 $ 160 $ 72 Fortitude Re funds withheld payable — — (29) (29) Total $ (91) $ 3 $ 131 $ 43 (in millions) Purchases Sales Issuances and Settlements (a) Purchases, Sales, Issuances and Settlements, Net (a) Nine Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 1 $ — $ — $ 1 Non-U.S. governments 4 — (4) — Corporate debt 21 (7) (70) (56) RMBS 87 (46) (214) (173) CMBS — (12) (18) (30) CLO/ABS 336 (565) (151) (380) Total bonds available for sale 449 (630) (457) (638) Other bond securities: RMBS 3 (1) (4) (2) CLO/ABS 11 — (7) 4 Total other bond securities 14 (1) (11) 2 Equity securities 2 — — 2 Other invested assets 18 — (52) (34) Other assets — — (114) (114) Total $ 483 $ (631) $ (634) $ (782) Liabilities: Derivative liabilities, net $ — $ — $ 376 $ 376 Fortitude Re funds withheld payable — — (10) (10) Other Liabilities — — (21) (21) Total $ — $ — $ 345 $ 345 Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 1 $ (15) $ (2) $ (16) Non-U.S. governments — — (5) (5) Corporate Debt 13 — (423) (410) RMBS 188 (25) (244) (81) CMBS 1 (12) 18 7 CLO/ABS 183 (302) 9 (110) Total bonds available for sale 386 (354) (647) (615) Other bond securities: Corporate debt 20 — 24 44 RMBS — — (17) (17) CLO/ABS 14 (10) (18) (14) Total other bond securities 34 (10) (11) 13 Equity securities 5 (2) (1) 2 Other invested assets 1 — (13) (12) Other assets — — 5 5 Total $ 426 $ (366) $ (667) $ (607) Liabilities: Derivative liabilities, net $ (407) $ 7 $ 303 $ (97) Fortitude Re funds withheld payable — — (339) (339) Total $ (407) $ 7 $ (36) $ (436) (a) There were no issuances during the three and nine months ended September 30, 2024 and 2023. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3 in the tables above. As a result, the unrealized gains (losses) on instruments held at September 30, 2024 and 2023 may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable inputs (e.g., changes in unobservable long-dated volatilities). Transfers of Level 3 Assets and Liabilities The Net realized and unrealized gains (losses) included in income (loss) or Other comprehensive income (loss) (OCI) as shown in the table above excludes $0 million and $(27) million of net gains (losses) related to assets and liabilities transferred into Level 3 during the three and nine months ended September 30, 2024, respectively, and includes $0 million and $1 million of net gains (losses) related to assets and liabilities transferred out of Level 3 during the three and nine months ended September 30, 2024, respectively. The Net realized and unrealized gains (losses) included in income (loss) or OCI as shown in the table above excludes $(5) million and $(4) million of net gains (losses) related to assets and liabilities transferred into Level 3 during the three and nine months ended September 30, 2023, respectively, and includes $0 million and $(9) million of net gains (losses) related to assets and liabilities transferred out of Level 3 during the three and nine months ended September 30, 2023, respectively. Transfers of Level 3 Assets There were no transfers into Level 3 assets during the three months ended September 30, 2024. During the nine months ended September 30, 2024 and three and nine months ended September 30, 2023, transfers into Level 3 assets primarily included certain investments in private placement corporate debt, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), collateralized loan obligations (CLO)/asset-backed securities (ABS) and equity securities. Transfers of private placement corporate debt and certain ABS into Level 3 assets were primarily the result of limited market pricing information that required us to determine fair value for these securities based on inputs that are adjusted to better reflect our own assumptions regarding the characteristics of a specific security or associated market liquidity. The transfers of investments in CMBS, RMBS, CLO and certain ABS into Level 3 assets were due to diminished market transparency and liquidity for individual security types. There were no transfers out of Level 3 assets during the three months ended September 30, 2024. During the nine months ended September 30, 2024 and three and nine months ended September 30, 2023, transfers out of Level 3 assets primarily included certain investments in private placement corporate debt, CMBS, RMBS, CLO/ABS, municipal bonds and equity securities. Transfers of private placement corporate debt out of Level 3 assets were based on consideration of market liquidity as well as related transparency of pricing and associated observable inputs for these investments. Transfers of certain investments in private placement corporate debt out of Level 3 assets were primarily the result of using observable pricing information that reflects the fair value of those securities without the need for adjustment based on our own assumptions regarding the characteristics of a specific security or the current liquidity in the market. Transfers of Level 3 Liabilities There were no significant transfers of derivative or other liabilities into or out of Level 3 for the three and nine months ended September 30, 2024 and 2023. QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASUREMENTS The table below presents information about the significant unobservable inputs used for recurring fair value measurements for certain Level 3 instruments, and includes only those instruments for which information about the inputs is reasonably available to us, such as data from independent third-party valuation service providers. 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 Valuation Unobservable Input (b) Range (Weighted Average) (c) Assets: Obligations of states, municipalities and political subdivisions $ 3 Discounted cash flow Yield 4.60% - 4.82% (4.71%) Corporate debt 128 Discounted cash flow Yield 5.71% - 10.24% (7.98%) RMBS (a) 1,365 Discounted cash flow Constant prepayment rate 4.21% - 8.90% (6.55%) Loss severity 41.59% - 77.42% (59.51%) Constant default rate 0.80% - 2.38% (1.59%) Yield 5.23% - 6.40% (5.81%) CLO/ABS (a) 1,003 Discounted cash flow Yield 3.10% - 7.82% (5.46%) CMBS 19 Discounted cash flow Yield 5.07% - 15.74% (10.41%) (in millions) Fair Value at Valuation Unobservable Input (b) Range (Weighted Average) (c) Assets: Obligations of states, municipalities and political subdivisions $ 3 Discounted cash flow Yield 5.00% - 5.50% (5.23%) Corporate debt 332 Discounted cash flow Yield 5.16% - 9.62% (7.39%) RMBS (a) 1,341 Discounted cash flow Constant prepayment rate 4.43% - 10.30% (7.36%) Loss severity 43.21% - 76.65% (59.93%) Constant default rate 0.82% - 2.64% (1.73%) Yield 6.18% - 7.42% (6.80%) CLO/ABS (a) 1,100 Discounted cash flow Yield 5.31% - 8.56% (6.94%) CMBS 22 Discounted cash flow Yield 9.84% - 17.24% (13.54%) (a) 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. (b) Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities. (c) The weighted averaging for fixed maturity securities is based on the estimated fair value of the securities. The ranges of reported inputs for Obligations of states, municipalities and political subdivisions, Corporate debt, RMBS, CLO/ABS, and CMBS valued using a discounted cash flow technique consist of one standard deviation in either direction from the value‑weighted average. The preceding table does not give effect to our risk management practices that might offset risks inherent in these Level 3 assets and liabilities. Interrelationships Between Unobservable Inputs We consider unobservable inputs to be those for which market data is not available and that are developed using the best information available to us about the assumptions that market participants would use when pricing the asset or liability. Relevant inputs vary depending on the nature of the instrument being measured at fair value. The following paragraphs provide a general description of significant unobservable inputs along with interrelationships between and among the significant unobservable inputs and their impact on the fair value measurements. In practice, simultaneous changes in assumptions may not always have a linear effect on the inputs discussed below. Interrelationships may also exist between observable and unobservable inputs. Such relationships have not been included in the discussion below. For each of the individual relationships described below, the inverse relationship would also generally apply. Fixed Maturity Securities The significant unobservable input used in the fair value measurement of fixed maturity securities is yield. The yield is affected by the market movements in credit spreads and U.S. Treasury yields. The yield may be affected by other factors including constant prepayment rates, loss severity, and constant default rates. In general, increases in the yield would decrease the fair value of investments, and conversely, decreases in the yield would increase the fair value of investments. INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE The following table includes information related to our investments in certain other invested assets, including private equity funds, hedge funds and other alternative investments that calculate net asset value per share (or its equivalent). For these investments, which are measured at fair value on a recurring basis, we use the net asset value per share to measure fair value. September 30, 2024 December 31, 2023 (in millions) Investment Category Includes Fair Value Using NAV Per Share (or its equivalent) Unfunded Commitments Fair Value Using NAV Per Share (or its equivalent) Unfunded Commitments 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 $ 1,219 $ 783 $ 1,171 $ 558 Real assets Investments in real estate properties, agricultural and infrastructure assets, including power plants and other energy producing assets 693 337 870 344 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 102 92 67 50 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 205 — 196 9 Mezzanine Funds that make investments in the junior debt and equity securities of leveraged companies 101 91 140 56 Other Includes distressed funds that invest in securities of companies that are in default or under bankruptcy protection, as well as funds that have multi- strategy, and other strategies 842 165 944 64 Total private equity funds 3,162 1,468 3,388 1,081 Hedge funds: Event-driven Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations 12 — 13 — Long-short Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk 168 — 389 — 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 8 — 9 — Total hedge funds 188 — 411 — Total $ 3,350 $ 1,468 $ 3,799 $ 1,081 Private equity fund investments included above are not redeemable, because distributions from the funds will be received when underlying investments of the funds are liquidated. Private equity funds are generally expected to have 10-year lives at their inception, but these lives may be extended at the fund manager’s discretion, typically in one-year or two-year increments. FAIR VALUE OPTION The following table presents the gains or losses recorded related to the eligible instruments for which we elected the fair value option: Gain (Loss) Three Months Gain (Loss) Nine Months (in millions) 2024 2023 2024 2023 Other bond securities (a) $ 20 $ (5) $ 27 $ 4 Alternative investments (b) 76 41 184 171 Retained investment in Corebridge (c) (35) — 30 — Total gain (loss) $ 61 $ 36 $ 241 $ 175 (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 6. For additional information regarding the funds withheld arrangements with Fortitude Re, see Note 8. (b) Includes certain hedge funds, private equity funds and real estate investments. (c) Represents the impact of changes in Corebridge stock price on the value of AIG's ownership interest in Corebridge. We calculate the effect of these credit spread changes using discounted cash flow techniques that incorporate current market interest rates, our observable credit spreads on these liabilities and other factors that mitigate the risk of nonperformance such as cash collateral posted. FAIR VALUE INFORMATION ABOUT FINANCIAL INSTRUMENTS NOT MEASURED AT 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 Carrying (in millions) Level 1 Level 2 Level 3 Total September 30, 2024 Assets: Mortgage and other loans receivable $ — $ 341 $ 3,935 $ 4,276 $ 4,286 Other invested assets — 583 5 588 588 Short-term investments (a) — 3,026 — 3,026 3,026 Cash (b) 1,472 — — 1,472 1,472 Other assets 15 — — 15 15 Liabilities: Fortitude Re funds withheld payable — — 3,477 3,477 3,477 Long-term debt — 9,343 264 9,607 9,892 Debt of consolidated investment entities — — 162 162 162 Estimated Fair Value Carrying (in millions) Level 1 Level 2 Level 3 Total December 31, 2023 Assets: Mortgage and other loans receivable $ — $ 242 $ 4,113 $ 4,355 $ 4,441 Other invested assets — 645 6 651 651 Short-term investments — 3,502 — 3,502 3,502 Cash 1,540 — — 1,540 1,540 Other assets 32 — — 32 32 Liabilities: Fortitude Re funds withheld payable — — 3,675 3,675 3,675 Long-term debt — 9,623 267 9,890 10,375 Debt of consolidated investment entities — — 231 231 231 (a) Excludes $10 million at September 30, 2024 reclassified to Assets held for sale on the Condensed Consolidated Balance Sheets. (b)

Investments

Investments	9 Months Ended
Investments	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investments	6. Investments SECURITIES AVAILABLE FOR SALE The following table presents the amortized cost and fair value of our available for sale securities: (in millions) Amortized Cost Allowance for Credit Losses (a) Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2024 Bonds available for sale: U.S. government and government sponsored entities $ 4,488 $ — $ 95 $ (69) $ 4,514 Obligations of states, municipalities and political subdivisions 4,661 — 87 (97) 4,651 Non-U.S. governments 9,187 (2) 92 (544) 8,733 Corporate debt 33,903 (25) 808 (1,652) 33,034 Mortgage-backed, asset-backed and collateralized: RMBS 6,462 (6) 256 (293) 6,419 CMBS 4,127 (7) 69 (83) 4,106 CLO/ABS 4,536 — 43 (56) 4,523 Total mortgage-backed, asset-backed and collateralized 15,125 (13) 368 (432) 15,048 Total bonds available for sale (b) $ 67,364 $ (40) $ 1,450 $ (2,794) $ 65,980 December 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 4,444 $ — $ 40 $ (89) $ 4,395 Obligations of states, municipalities and political subdivisions 4,930 — 60 (157) 4,833 Non-U.S. governments 8,973 (1) 94 (670) 8,396 Corporate debt 34,013 (20) 606 (2,253) 32,346 Mortgage-backed, asset-backed and collateralized: RMBS 6,423 (9) 219 (426) 6,207 CMBS 4,326 (4) 23 (198) 4,147 CLO/ABS 5,010 — 31 (123) 4,918 Total mortgage-backed, asset-backed and collateralized 15,759 (13) 273 (747) 15,272 Total bonds available for sale (b) $ 68,119 $ (34) $ 1,073 $ (3,916) $ 65,242 (a) Represents the allowance for credit losses that has been recognized. Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. (b) At September 30, 2024 and December 31, 2023, the fair value of bonds available for sale held by us that were below investment grade or not rated totaled $3.1 billion or 5 percent and $5.2 billion or 8 percent, respectively. 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 Gross Fair Gross Fair Gross September 30, 2024 Bonds available for sale: U.S. government and government sponsored entities $ 533 $ 2 $ 502 $ 67 $ 1,035 $ 69 Obligations of states, municipalities and political subdivisions 1,779 15 25 82 1,804 97 Non-U.S. governments 1,286 34 3,896 507 5,182 541 Corporate debt 10,953 100 7,554 1,533 18,507 1,633 RMBS 2,454 24 443 266 2,897 290 CMBS 1,568 6 121 75 1,689 81 CLO/ABS 1,389 12 45 44 1,434 56 Total bonds available for sale $ 19,962 $ 193 $ 12,586 $ 2,574 $ 32,548 $ 2,767 Less than 12 Months 12 Months or More Total (in millions) Fair Gross Fair Gross Fair Gross December 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 1,027 $ 10 $ 804 $ 79 $ 1,831 $ 89 Obligations of states, municipalities and political subdivisions 850 24 1,602 133 2,452 157 Non-U.S. governments 1,431 87 4,503 583 5,934 670 Corporate debt 4,089 171 18,612 2,070 22,701 2,241 RMBS 1,456 114 2,385 300 3,841 414 CMBS 1,024 54 1,622 137 2,646 191 CLO/ABS 1,371 33 1,509 90 2,880 123 Total bonds available for sale $ 11,248 $ 493 $ 31,037 $ 3,392 $ 42,285 $ 3,885 At September 30, 2024, we held 10,479 individual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 8,111 individual fixed maturity securities that were in a continuous unrealized loss position for 12 months or more). At December 31, 2023, we held 13,052 individual fixed maturity securities that were in an unrealized loss position and for which no allowance for credit losses has been recorded (including 10,027 individual fixed maturity securities that were in a continuous unrealized loss position for 12 months or more). We did not recognize the unrealized losses in earnings on these fixed maturity securities at September 30, 2024 because it was determined that such losses were due to non-credit factors. Additionally, we neither intend to sell the securities nor do we believe that it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. For fixed maturity securities with significant declines, we performed fundamental credit analyses on a security-by-security basis, which included consideration of credit enhancements, liquidity position, expected defaults, industry and sector analysis, forecasts and available market data. Contractual Maturities of Fixed Maturity Securities Available for Sale The following table presents the amortized cost and fair value of fixed maturity securities available for sale by contractual maturity: September 30, 2024 Total Fixed Maturity Securities (in millions) Amortized Cost, Fair Value Due in one year or less $ 4,626 $ 4,608 Due after one year through five years 25,918 25,593 Due after five years through ten years 16,595 16,180 Due after ten years 5,073 4,551 Mortgage-backed, asset-backed and collateralized 15,112 15,048 Total $ 67,324 $ 65,980 Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties. The following table presents the gross realized gains and gross realized losses from sales or maturities of our available for sale securities: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Gross Gross Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 11 $ 95 $ 3 $ 159 $ 54 $ 408 $ 121 $ 736 For the three and nine months ended September 30, 2024, the aggregate fair value of available for sale securities sold was $1.9 billion and $6.9 billion, respectively, which resulted in net realized gains (losses) of $(84) million and $(354) million, respectively. Included within the net realized gains (losses) are $(18) million and $(34) million of net realized gains (losses) for the three and nine months ended September 30, 2024, respectively, which relate to Fortitude Re funds withheld assets. These net realized gains (losses) are included in Net realized gains (losses) on Fortitude Re funds withheld assets. For the three and nine months ended September 30, 2023, the aggregate fair value of available for sale securities sold was $2.5 billion and $13.2 billion, respectively, which resulted in net realized gains (losses) of $(156) million and $(615) million, respectively. Included within the net realized gains (losses) are $(4) million and $(63) million of net realized gains (losses) for the three and nine months ended September 30, 2023, respectively, which relate to Fortitude Re funds withheld assets. These net realized gains (losses) are included in Net realized gains (losses) on Fortitude Re funds withheld assets. OTHER SECURITIES MEASURED AT FAIR VALUE The following table presents the fair value of fixed maturity securities measured at fair value based on our election of the fair value option, which are reported in the other bond securities caption in the financial statements, and equity securities measured at fair value: (in millions) September 30, 2024 December 31, 2023 Fair Percent Fair Percent Fixed maturity securities: Obligations of states, municipalities and political subdivisions $ 52 3 % $ 51 4 % Non-U.S. governments 27 2 24 2 Corporate debt 299 20 255 19 Mortgage-backed, asset-backed and collateralized: RMBS 107 7 93 7 CMBS 44 3 33 2 CLO/ABS and other collateralized securities 234 15 207 16 Total mortgage-backed, asset-backed and collateralized 385 25 333 25 Total fixed maturity securities 763 50 663 50 Equity securities 767 50 665 50 Total $ 1,530 100 % $ 1,328 100 % OTHER INVESTED ASSETS The following table summarizes the carrying amounts of other invested assets: (in millions) September 30, 2024 December 31, 2023 Alternative investments (a) $ 4,334 $ 4,345 Retained investment in Corebridge using fair value option 8,143 — All other investments (b) 1,963 2,023 Total $ 14,440 $ 6,368 (a) At September 30, 2024, includes hedge funds of $187 million and private equity funds of $3.9 billion. At December 31, 2023, included hedge funds of $411 million and private equity funds of $3.7 billion. Private equity funds investments include limited partnerships, direct equities and real estate partnerships. Also includes investments in real estate, net of accumulated depreciation. At September 30, 2024 and December 31, 2023, the accumulated depreciation was $167 million and $161 million, respectively. (b) All other investments include mainly bank deposits with a maturity greater than one year and investments in joint ventures with strategic partners. NET INVESTMENT INCOME The following table presents the components of Net investment income: Three Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Fortitude Re Total Excluding Fortitude Fortitude Re Total Available for sale fixed maturity securities, including short-term investments $ 746 $ 25 $ 771 $ 731 $ 22 $ 753 Other fixed maturity securities 4 16 20 (1) (4) (5) Equity securities 60 — 60 31 — 31 Interest on mortgage and other loans 52 9 61 73 10 83 Alternative investments (a) 42 — 42 19 — 19 Other investments (b) 63 1 64 43 1 44 Total investment income 967 51 1,018 896 29 925 Investment expenses 45 — 45 69 — 69 Net investment income $ 922 $ 51 $ 973 $ 827 $ 29 $ 856 Nine Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Fortitude Re Total Excluding Fortitude Fortitude Re Total Available for sale fixed maturity securities, including short-term investments $ 2,234 $ 67 $ 2,301 $ 2,085 $ 72 $ 2,157 Other fixed maturity securities — 27 27 1 3 4 Equity securities 144 — 144 93 — 93 Interest on mortgage and other loans 185 26 211 212 28 240 Alternative investments (a) 129 (1) 128 158 — 158 Other investments (b) 262 4 266 51 3 54 Total investment income 2,954 123 3,077 2,600 106 2,706 Investment expenses 135 — 135 169 — 169 Net investment income $ 2,819 $ 123 $ 2,942 $ 2,431 $ 106 $ 2,537 (a) Includes income from hedge funds, private equity funds and real estate investments. Hedge funds are recorded as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag. (b) Includes dividends received from Corebridge and changes in its stock price of $65 million and $(35) million, respectively, for the three months ended September 30, 2024, and $133 million and $30 million, respectively, for the nine months ended September 30, 2024. NET REALIZED GAINS AND LOSSES The following table presents the components of Net realized gains (losses): Three Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (66) $ (18) $ (84) $ (152) $ (4) $ (156) Change in allowance for credit losses on fixed maturity securities 1 (1) — (7) — (7) Change in allowance for credit losses on loans (3) (1) (4) (16) 3 (13) Foreign exchange transactions 65 1 66 (30) (5) (35) All other derivatives and hedge accounting 7 (2) 5 (20) 6 (14) Sales of alternative investments (18) — (18) 25 — 25 Other 22 3 25 11 (3) 8 Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative 8 (18) (10) (189) (3) (192) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (157) (157) — 57 57 Net realized gains (losses) $ 8 $ (175) $ (167) $ (189) $ 54 $ (135) Nine Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (320) $ (34) $ (354) $ (552) $ (63) $ (615) Change in allowance for credit losses on fixed maturity securities (18) (1) (19) (31) — (31) Change in allowance for credit losses on loans (23) — (23) (23) 2 (21) Foreign exchange transactions 176 (2) 174 125 — 125 All other derivatives and hedge accounting (62) — (62) (133) — (133) Sales of alternative investments (4) (1) (5) 26 — 26 Other 13 — 13 17 (3) 14 Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (238) (38) (276) (571) (64) (635) Net realized losses on Fortitude Re funds withheld embedded derivative — (158) (158) — (25) (25) Net realized gains (losses) $ (238) $ (196) $ (434) $ (571) $ (89) $ (660) CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available for sale securities and other investments: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 1,616 $ (670) $ 1,499 $ 159 Other investments (19) — (58) — Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ 1,597 $ (670) $ 1,441 $ 159 * Excludes net unrealized gains and losses attributable to businesses held for sale or reclassified to discontinued operations at September 30, 2024 and 2023. The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity securities and other investments still held at the reporting date: Three Months Ended September 30, 2024 2023 (in millions) Equities Other Invested Assets* Total Equities Other Invested Assets Total Net gains recognized during the period on equity securities and other investments $ 60 $ 42 $ 102 $ 31 $ 46 $ 77 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 8 — 8 12 (8) 4 Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date $ 52 $ 42 $ 94 $ 19 $ 54 $ 73 Nine Months Ended September 30, 2024 2023 (in millions) Equities Other Invested Assets* Total Equities Other Invested Assets Total Net gains recognized during the period on equity securities and other investments $ 144 $ 234 $ 378 $ 93 $ 189 $ 282 Less: Net gains recognized during the period on equity securities and other investments sold during the period 51 24 75 88 1 89 Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date $ 93 $ 210 $ 303 $ 5 $ 188 $ 193 * Includes unrealized gains (losses) on AIG’s ownership interest in Corebridge of $(35) million and $30 million in the three and nine months ended September 30, 2024, respectively. EVALUATING INVESTMENTS FOR AN ALLOWANCE FOR CREDIT LOSSES AND IMPAIRMENTS For a discussion of our policy for evaluating investments for an allowance for credit losses, see Note 6 to the Consolidated Financial Statements in the 2023 Annual Report. 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: Three Months Ended September 30, 2024 2023 (in millions) Structured Non- Total Structured Non- Total Balance, beginning of period $ 6 $ 27 $ 33 $ 7 $ 27 $ 34 Additions: Securities for which allowance for credit losses was not previously recorded 2 — 2 2 19 21 Reductions: Securities sold during the period — — — (1) (6) (7) Addition to (release of) 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 of amortized cost basis 4 (6) (2) 2 (16) (14) Write-offs charged against the allowance — — — — (2) (2) Other — 7 7 1 (3) (2) Balance, end of period $ 12 $ 28 $ 40 $ 11 $ 19 $ 30 Nine Months Ended September 30, 2024 2023 (in millions) Structured Non- Total Structured Non- Total Balance, beginning of year $ 13 $ 21 $ 34 $ 20 $ 17 $ 37 Additions: Securities for which allowance for credit losses was not previously recorded 3 9 12 4 47 51 Reductions: Securities sold during the period — — — (3) (9) (12) Addition to (release of) 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 of amortized cost basis (4) 11 7 (1) (19) (20) Write-offs charged against the allowance — (22) (22) (10) (13) (23) Other — 9 9 1 (4) (3) Balance, end of period $ 12 $ 28 $ 40 $ 11 $ 19 $ 30 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 PCD assets. At the time of purchase an allowance is recognized for these PCD 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 PCD 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 PCD assets follow the same accounting as other structured securities that are not high credit quality. We did not purchase securities with more than insignificant credit deterioration since their origination during the nine months ended September 30, 2024 and 2023. PLEDGED INVESTMENTS Secured Financing and Similar Arrangements We enter into secured financing transactions whereby certain securities are sold under agreements to repurchase (repurchase agreements), in which we transfer securities in exchange for cash, with an agreement by us to repurchase the same or substantially similar securities. Our secured financing transactions also include those that involve the transfer of securities to financial institutions in exchange for cash (securities lending agreements). In all of these secured financing transactions, the securities transferred by us (pledged collateral) may be sold or repledged by the counterparties. These agreements are recorded at their contracted amounts plus accrued interest, other than those that are accounted for at fair value. Pledged collateral levels are monitored daily and are generally maintained at an agreed-upon percentage of the fair value of the amounts borrowed during the life of the transactions. In the event of a decline in the fair value of the pledged collateral under these secured financing transactions, we may be required to transfer cash or additional securities as pledged collateral under these agreements. At the termination of the transactions, we and our counterparties are obligated to return the amounts borrowed and the securities transferred, respectively. The following table presents the fair value of securities pledged to counterparties under secured financing transactions, including repurchase and securities lending agreements: (in millions) September 30, 2024 December 31, 2023 Fixed maturity securities available for sale $ — $ 106 At September 30, 2024 and December 31, 2023, amounts borrowed under repurchase and securities lending agreements totaled $0 million and $107 million, 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 Agreements (in millions) Overnight up to 31 - 90 91 - 364 365 days Total December 31, 2023 Bonds available for sale: Non-U.S. governments $ — $ 106 $ — $ — $ — $ 106 Corporate debt — — — — — — Total $ — $ 106 $ — $ — $ — $ 106 We also enter into agreements in which securities are purchased by us under agreements to resell (reverse repurchase agreements), which are accounted for as secured financing transactions and reported as short-term investments or other assets, depending on their terms. These agreements are recorded at their contracted resale amounts plus accrued interest, other than those that are accounted for at fair value. In all reverse repurchase transactions, we take possession of or obtain a security interest in the related securities, and we have the right to sell or repledge this collateral received. The following table presents information on the fair value of securities pledged to us under reverse repurchase agreements: (in millions) September 30, 2024 December 31, 2023 Securities collateral pledged to us $ 957 $ 1,200 At September 30, 2024 and December 31, 2023, the carrying value of reverse repurchase agreements totaled $965 million and $1.1 billion, respectively. All secured financing transactions are collateralized and margined on a daily basis consistent with market standards and subject to enforceable master netting arrangements with rights of set off. We do not currently offset any such transactions. 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 contracts, was $8.2 billion and $8.4 billion at September 30, 2024 and December 31, 2023, respectively. Other Pledges and Restrictions Certain of our subsidiaries are members of Federal Home Loan Banks (FHLBs) and such membership requires the members to own stock in these FHLBs. We owned an aggregate of $13 million and $15 million of stock in FHLBs at September 30, 2024 and December 31, 2023, respectively. In addition, our subsidiaries have pledged securities available for sale with a fair value of $1.7 billion at September 30, 2024 and $1.7 billion at December 31, 2023. Investments held in escrow accounts or otherwise subject to restriction as to their use were $164 million and $164 million, comprised of bonds available for sale and short-term investments at September 30, 2024 and December 31, 2023, respectively. Reinsurance transactions between AIG and Fortitude Re were structured as modified coinsurance (modco) and loss portfolio transfer arrangements with funds withheld.

Lending Activities

Lending Activities	9 Months Ended
Lending Activities	Sep. 30, 2024
Receivables [Abstract]
Lending Activities	7. Lending Activities The following table presents the composition of Mortgage and other loans receivable, net: (in millions) September 30, 2024 December 31, 2023 Commercial mortgages (a) $ 3,696 $ 3,836 Life insurance policy loans 6 7 Commercial loans, other loans and notes receivable (b) 751 738 Total mortgage and other loans receivable (c) 4,453 4,581 Allowance for credit losses (c) (d) (167) (140) Mortgage and other loans receivable, net (c) $ 4,286 $ 4,441 (a) Commercial mortgages primarily represent loans for apartments, offices and retail properties, with exposures in California and New York representing the largest geographic concentrations (aggregating approximately 12 percent and 10 percent, respectively, at September 30, 2024 and 13 percent and 10 percent, respectively, at December 31, 2023). (b) There were no loans that were held-for-sale carried at lower of cost or market as of September 30, 2024 and December 31, 2023. (c) Excludes $37.6 billion at both September 30, 2024 and December 31, 2023 of loans receivable from AIG Financial Products Corp. (AIGFP), which has a full allowance for credit losses, recognized upon the deconsolidation of AIGFP. For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report. (d) Does not include allowance for credit losses of $5 million and $9 million, respectively, at September 30, 2024 and December 31, 2023, 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 is repaid or when a portion of the delinquent contractual payments are made and the ongoing required contractual payments have been made for an appropriate period. As of September 30, 2024 and December 31, 2023, $296 million and $73 million, respectively, of commercial mortgage loans were placed on nonaccrual status. Accrued interest is presented separately and is included in Accrued investment income on the Condensed Consolidated Balance Sheets. As of September 30, 2024 and December 31, 2023, accrued interest receivable was $21 million and $21 million, respectively, associated with commercial mortgage loans. 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 any of the periods presented. CREDIT QUALITY OF COMMERCIAL MORTGAGES The following table presents debt service coverage ratios (a) for commercial mortgages by year of vintage: September 30, 2024 2024 2023 2022 2021 2020 Prior Total (in millions) >1.2X $ 34 $ 500 $ 246 $ 559 $ 164 $ 1,766 $ 3,269 1.00 - 1.20X 20 10 15 14 — 80 139 <1.00X — — — 32 — 256 288 Total commercial mortgages $ 54 $ 510 $ 261 $ 605 $ 164 $ 2,102 $ 3,696 December 31, 2023 2023 2022 2021 2020 2019 Prior Total (in millions) >1.2X $ 398 $ 167 $ 394 $ 135 $ 156 $ 1,784 $ 3,034 1.00 - 1.20X 5 71 254 56 21 298 705 <1.00X — 11 — — — 86 97 Total commercial mortgages $ 403 $ 249 $ 648 $ 191 $ 177 $ 2,168 $ 3,836 The following table presents loan-to-value ratios (b) for commercial mortgages by year of vintage: September 30, 2024 2024 2023 2022 2021 2020 Prior Total (in millions) Less than 65% $ 34 $ 411 $ 169 $ 493 $ 156 $ 1,368 $ 2,631 65% to 75% 13 42 48 77 — 302 482 76% to 80% — — — 35 — 113 148 Greater than 80% 7 57 44 — 8 319 435 Total commercial mortgages $ 54 $ 510 $ 261 $ 605 $ 164 $ 2,102 $ 3,696 December 31, 2023 2023 2022 2021 2020 2019 Prior Total (in millions) Less than 65% $ 359 $ 159 $ 492 $ 177 $ 156 $ 1,385 $ 2,728 65% to 75% 10 15 137 — 21 367 550 76% to 80% — 32 10 — — — 42 Greater than 80% 34 43 9 14 — 416 516 Total commercial mortgages $ 403 $ 249 $ 648 $ 191 $ 177 $ 2,168 $ 3,836 (a) 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 and 1.8x at September 30, 2024 and December 31, 2023, respectively. The debt service coverage ratios are updated when additional relevant information becomes available. (b) 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 64 percent and 62 percent at September 30, 2024 and December 31, 2023, respectively. 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 supplementary credit quality information related to commercial mortgages: Number Class Percent (dollars in millions) Apartments Offices Retail Industrial Hotel Others Total September 30, 2024 Past Due Status: In good standing 197 $ 1,198 $ 1,057 $ 361 $ 444 $ 272 $ 127 $ 3,459 94 % 90 days or less delinquent 3 — — 36 — — — 36 1 >90 days delinquent or in process of foreclosure 4 — 137 64 — — — 201 5 Total* 204 $ 1,198 $ 1,194 $ 461 $ 444 $ 272 $ 127 $ 3,696 100 % Allowance for credit losses $ 5 $ 102 $ 35 $ 9 $ 13 $ 1 $ 165 4 % Number Class Percent (dollars in millions) Apartments Offices Retail Industrial Hotel Others Total December 31, 2023 Past Due Status: In good standing 211 $ 1,267 $ 1,212 $ 476 $ 460 $ 247 $ 121 $ 3,783 99 % 90 days or less delinquent 1 — 11 — — — — 11 — >90 days delinquent or in process of foreclosure 1 — — 42 — — — 42 1 Total* 213 $ 1,267 $ 1,223 $ 518 $ 460 $ 247 $ 121 $ 3,836 100 % Allowance for credit losses $ 9 $ 75 $ 36 $ 7 $ 9 $ 2 $ 138 4 % * Does not reflect allowance for credit losses. METHODOLOGY USED TO ESTIMATE THE 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 (a)(b) : Three Months Ended September 30, 2024 2023 (in millions) Commercial Other Total Commercial Other Total Allowance, beginning of period $ 162 $ 1 $ 163 $ 116 $ 3 $ 119 Addition to (release of) allowance for loan losses 3 1 4 17 — 17 Allowance, end of period $ 165 $ 2 $ 167 $ 133 $ 3 $ 136 Nine Months Ended September 30, 2024 2023 (in millions) Commercial Other Total Commercial Other Total Allowance, beginning of year $ 138 $ 2 $ 140 $ 109 $ 8 $ 117 Loans charged off — — — (2) — (2) Net charge-offs — — — (2) — (2) Addition to (release of) allowance for loan losses 27 — 27 26 (5) 21 Allowance, end of period $ 165 $ 2 $ 167 $ 133 $ 3 $ 136 (a) Does not include allowance for credit losses of $5 million and $9 million at September 30, 2024 and 2023, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities. (b) Excludes $37.6 billion of loan receivable from AIGFP, which has a full allowance for credit losses, recognized upon the deconsolidation of AIGFP. For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report. Our expectations and models used to estimate the allowance for losses on commercial 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 mortgage loans. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses utilizing the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses is generally not recorded upon modification. When modifications are executed, they often will be in the form of principal forgiveness, term extensions, interest rate reductions, or some combination of any of these concessions. When principal is forgiven, the amortized cost basis of the asset is written off against the allowance for credit losses. The amount of the principal forgiveness is deemed to be uncollectible; therefore, that portion of the loan is written off, resulting in a reduction of the amortized cost basis and a corresponding adjustment to the allowance for credit losses. We assess whether a borrower is experiencing financial difficulty based on a variety of factors, including the borrower’s current default on any of its outstanding debt, the probability of a default on any of its debt in the foreseeable future without the modification, the insufficiency of the borrower’s forecasted cash flows to service any of its outstanding debt (including both principal and interest), and the borrower’s inability to access alternative third party financing at an interest rate that would be reflective of current market conditions for a non-troubled debtor. During the nine months ended September 30, 2024, commercial mortgage loans with an amortized cost of $5 million supporting the funds withheld arrangements with Fortitude Re were granted term extensions. There were no loans that had defaulted during the nine months ended September 30, 2024 and 2023, that had been previously modified with borrowers experiencing financial difficulties.

Reinsurance

Reinsurance	9 Months Ended
Reinsurance	Sep. 30, 2024
Insurance [Abstract]
Reinsurance	8. Reinsurance FORTITUDE RE Fortitude Re is the reinsurer of the majority of AIG’s run-off operations. The reinsurance transactions are structured as modco and loss portfolio transfer arrangements with funds withheld (funds withheld). In modco and funds withheld arrangements, the investments supporting the reinsurance agreements, 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., AIG) thereby creating an obligation for the ceding company to pay the reinsurer (i.e., Fortitude Re) at a later date. Additionally, as AIG maintains ownership of these investments, AIG 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). AIG has established a funds withheld payable to Fortitude Re while simultaneously establishing a reinsurance asset representing reserves 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 Net 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 of September 30, 2024, $3.5 billion of reserves related to business written by multiple wholly-owned AIG subsidiaries, 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: September 30, 2024 December 31, 2023 (in millions) Carrying Fair Carrying Fair Corresponding Accounting Policy Fixed maturity securities - available for sale (a) $ 2,148 $ 2,148 $ 2,180 $ 2,180 Fair value through other comprehensive income (loss) Fixed maturity securities - fair value option 749 749 655 655 Fair value through net investment income Commercial mortgage loans 475 456 543 528 Amortized cost Short-term investments 21 21 46 46 Fair value through net investment income Funds withheld investment assets 3,393 3,374 3,424 3,409 Derivative assets, net (b) — — — — Fair value through net realized gains (losses) Other (c) 103 103 118 118 Amortized cost Total $ 3,496 $ 3,477 $ 3,542 $ 3,527 (a) The change in the net unrealized gains (losses) on available for sale securities related to the Fortitude Re funds withheld assets was $31 million ($25 million after-tax) and $(60) million ($(47) million after-tax), respectively for the nine months ended September 30, 2024 and 2023. (b) 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 $3 million and $27 million, respectively, as of September 30, 2024. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $1 million and $28 million, respectively, as of December 31, 2023. These derivative assets and liabilities are fully collateralized either by cash or securities. (c) Primarily comprised of Cash and Accrued investment income. The impact of the funds withheld arrangements with Fortitude Re was as follows: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Net investment income - Fortitude Re funds withheld assets $ 51 $ 29 $ 123 $ 106 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized losses - Fortitude Re funds withheld assets (18) (3) (38) (64) Net realized gains (losses) - Fortitude Re funds withheld embedded derivative (157) 57 (158) (25) Net realized gains (losses) on Fortitude Re funds withheld assets (175) 54 (196) (89) Income (loss) from continuing operations before income tax expense (benefit) (124) 83 (73) 17 Income tax expense (benefit) (a) (26) 18 (15) 4 Net income (loss) (98) 65 (58) 13 Change in unrealized appreciation (depreciation) of all other investments (a) 67 (63) 25 (47) Comprehensive income (loss) $ (31) $ 2 $ (33) $ (34) (a) The income tax expense (benefit) and the tax impact in Accumulated other comprehensive income (loss) (AOCI) was computed using AIG’s U.S. statutory tax rate of 21 percent. 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 asset is the primary driver of the comprehensive income (loss) reflected above. REINSURANCE – CREDIT LOSSES The estimation of reinsurance recoverables involves a significant amount of judgment, particularly for latent exposures, such as asbestos, due to their long-tail nature. 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 deposit accounting assets on the consolidated balance sheets (collectively, reinsurance recoverables). 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; reinsurers that are financially troubled (i.e., in run-off, have voluntarily or involuntarily been placed in receivership, are insolvent, are in the process of liquidation or otherwise subject to formal or informal regulatory restriction) are assigned ORRs that will generate a significant allowance; and • whether collateral and collateral arrangements exist. An estimate of the reinsurance recoverable's lifetime expected credit losses is established utilizing a probability of default and loss given default method, which reflects the reinsurer’s ORR. The allowance for credit losses excludes disputed amounts. An allowance for disputes is established for a reinsurance recoverable using the losses incurred model for contingencies. The total reinsurance recoverables as of September 30, 2024 were $42.8 billion. As of that date, utilizing AIG’s ORRs, (i) approximately 82 percent of the reinsurance recoverables were investment grade; (ii) approximately 15 percent of the reinsurance recoverables were non-investment grade and (iii) approximately 3 percent of the reinsurance recoverables related to entities that were not rated by AIG. The total reinsurance recoverables as of December 31, 2023 were $41.4 billion. As of that date, utilizing AIG’s ORRs, (i) approximately 83 percent of the reinsurance recoverables were investment grade; (ii) approximately 15 percent of the reinsurance recoverables were non-investment grade; (iii) approximately 2 percent of the reinsurance recoverables related to entities that were not rated by AIG. As of September 30, 2024 and December 31, 2023, approximately 81 percent and 85 percent, respectively, of our non-investment grade reinsurance exposure related to captive insurers. These arrangements are typically collateralized by letters of credit, funds withheld or trust agreements. Reinsurance Recoverable Allowance The following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Balance, beginning of period $ 260 $ 254 $ 255 $ 260 Addition to (release of) allowance for expected credit losses and disputes, net 9 1 9 (3) Write-offs charged against the allowance for credit losses and disputes — — (1) (1) Other changes 3 (1) 9 (2) Balance, end of period $ 272 $ 254 $ 272 $ 254 Past-Due Status We consider a reinsurance asset to be past due when it is 90 days past due. The allowance for credit losses is estimated excluding disputed amounts. An allowance for disputes is established using the losses incurred method for contingencies. Past due balances on claims that are not in dispute were not material for any of the periods presented.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	9 Months Ended
Deferred Policy Acquisition Costs	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	9. 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, premium taxes, and medical and inspection 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 General operating and other expenses in the Condensed Consolidated Statements of Income (Loss). We also defer a portion of employee total compensation and payroll-related fringe benefits directly related to time spent performing specific acquisition or renewal activities, including costs associated with the time spent on underwriting, policy issuance and processing, and sales force contract selling. The amounts deferred are derived based on successful efforts for each distribution channel and/or cost center from which the cost originates. The following table presents a rollforward of DAC: Nine Months Ended September 30, (in millions) 2024 2023 Balance, beginning of year $ 2,117 $ 2,343 Capitalization 2,665 3,319 Amortization expense (2,543) (2,894) Other, including foreign exchange (48) (76) Reclassified to held for sale — (623) Balance, end of period $ 2,191 $ 2,069

Variable Interest Entities

Variable Interest Entities	9 Months Ended
Variable Interest Entities	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	10. Variable Interest Entities We enter into various arrangements with Variable Interest Entities (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 AIG is the primary beneficiary generally have recourse only to the assets and cash flows of the VIEs and do not have recourse to AIG, except in limited circumstances when AIG has provided a guarantee to the VIE’s interest holders. The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets: (in millions) September 30, 2024 December 31, 2023 Assets: Bonds available for sale $ 29 $ 72 Mortgage and other loans receivable — 122 Short-term investments — 5 Accrued investment income 1 2 Other assets 1 1 Total* $ 31 $ 202 Liabilities: Debt of consolidated investment entities $ — $ 38 Total $ — $ 38 * The assets of each VIE can be used only to settle specific obligations of that VIE. 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 (c) Off-Balance Total September 30, 2024 Real estate and investment entities (a) $ 361,397 $ 3,677 $ 1,175 (d) $ 4,852 Other (b) 1,027 — 748 (e) 748 Total $ 362,424 $ 3,677 $ 1,923 $ 5,600 December 31, 2023 Real estate and investment entities (a) $ 355,003 $ 4,107 $ 1,492 (d) $ 5,599 Other (b) 1,027 — 748 (e) 748 Total $ 356,030 $ 4,107 $ 2,240 $ 6,347 (a) Comprised primarily of hedge funds and private equity funds. (b) At September 30, 2024 and December 31, 2023, excludes approximately $1,925 million and $1,971 million, respectively, of VIE assets related to AIGFP and its consolidated subsidiaries, with maximum off-balance sheet exposure to loss of $1,894 million and $1,941 million, respectively. For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report. (c) At September 30, 2024 and December 31, 2023, $3.7 billion and $4.1 billion, respectively, of our total unconsolidated VIE assets were recorded as Other invested assets. (d) These amounts represent our unfunded commitments to invest in private equity funds and hedge funds. (e) These amounts represent our estimate of the maximum exposure to loss under certain insurance policies issued to VIEs if a hypothetical loss occurred to the extent of the full amount of the insured value. Our insurance policies cover defined risks and our estimate of liability is included in our insurance reserves on the balance sheet.

Derivatives and Hedge Accountin

Derivatives and Hedge Accounting	9 Months Ended
Derivatives and Hedge Accounting	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedge Accounting	11. 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 swaps) are used to manage interest rate risk associated with embedded derivatives contained in insurance contract liabilities, fixed maturity securities, outstanding medium- and long-term notes as well as other interest rate sensitive assets and liabilities. Foreign exchange derivatives (principally foreign exchange forwards and swaps) are used to economically mitigate risk associated with non-U.S. dollar denominated debt, net capital exposures, foreign currency transactions, and foreign denominated investments. Equity derivatives are used to economically mitigate financial risk associated with embedded derivatives. 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 (CDSs), total return swaps and purchases of investments with embedded derivatives, such as equity-linked notes and convertible bonds. The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condensed Consolidated Balance Sheets: September 30, 2024 December 31, 2023 Gross Derivative Assets Gross Derivative Liabilities Gross Derivative Assets Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Foreign exchange contracts $ 460 $ 56 $ 1,045 $ 106 $ 933 $ 58 $ 1,296 $ 164 Derivatives not designated as hedging instruments: (a) Interest rate contracts 905 305 982 333 14,657 741 1,165 352 Foreign exchange contracts 2,820 193 2,659 149 4,019 393 8,008 400 Equity contracts 45 31 45 31 36,045 66 — — Credit contracts (b) 57 33 218 34 1,804 33 504 36 Other contracts (c) 2,130 1 2,130 1 2,131 1 — — Total derivatives, gross $ 6,417 $ 619 $ 7,079 $ 654 $ 59,589 $ 1,292 $ 10,973 $ 952 Counterparty netting (d) (276) (276) (450) (450) Cash collateral (e) (241) (209) (711) (249) Total derivatives on Condensed Consolidated Balance Sheets (f) $ 102 $ 169 $ 131 $ 253 (a) Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral. (b) As of September 30, 2024 and December 31, 2023, included CDSs on super senior multi-sector CLO with a net notional amount of $53 million and $50 million (fair value liability of $33 million and $32 million, respectively). The net notional amount represents the maximum exposure to loss on the portfolio. (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 derivative s. Derivative instrument assets and liabilities are recorded in Other assets and Other liabilities, respectively. Fair value of assets related to bifurcated embedded derivatives was $3.4 billion at September 30, 2024 and $3.4 billion at December 31, 2023. Fair value of liabilities related to bifurcated embedded derivatives was zero at both September 30, 2024 and December 31, 2023. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets. Embedded derivatives are primarily related to the funds withheld arrangement with Fortitude Re. For additional information, see Note 8. COLLATERAL We engage in derivative transactions that are not subject to a clearing requirement directly with 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 at various 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 upfront 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. In addition, certain derivative transactions have provisions that require collateral to be posted by us upon a downgrade of our long-term debt ratings or give the counterparty the right to terminate the transaction. In the case of some of the derivative transactions, upon a downgrade of our long-term debt ratings, as an alternative to posting collateral and subject to certain conditions, we may assign the transaction to an obligor with higher debt ratings or arrange for a substitute guarantee of our obligations by an obligor with higher debt ratings or take other similar action. The actual amount of collateral required to be posted to counterparties in the event of such downgrades, or the aggregate amount of payments that we could be required to make, depends on market conditions, the fair value of outstanding affected transactions and other factors prevailing at and after the time of the downgrade. Collateral posted by us to third parties for derivative transactions was $574 million and $593 million at September 30, 2024 and December 31, 2023, respectively. In the case of collateral posted under derivative transactions that are not subject to clearing, this collateral can generally be repledged or resold by the counterparties. Collateral provided to us from third parties for derivative transactions was $456 million and $856 million at September 30, 2024 and December 31, 2023, respectively. In the case of collateral provided to us under derivative transactions that are not subject to clearing, we generally can repledge or resell collateral. OFFSETTING We have elected to present all derivative receivables and derivative payables, and the related cash collateral received and paid, on a net basis on our Condensed Consolidated Balance Sheets when a legally enforceable ISDA Master Agreement exists between us and our derivative counterparty. An ISDA Master Agreement is an agreement governing multiple derivative transactions between two counterparties. The ISDA Master Agreement generally provides for the net settlement of all, or a specified group, of these derivative transactions, as well as transferred collateral, through a single payment, and in a single currency, as applicable. The net settlement provisions apply in the event of a default on, or affecting any, one derivative transaction or a termination event affecting all, or a specified group of, derivative transactions governed by the ISDA Master Agreement. HEDGE ACCOUNTING We designated certain derivatives entered into with third parties as fair value hedges of available for sale investment 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 use foreign currency denominated debt and 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 where issued debt is used as a hedging instrument, we assess the hedge effectiveness and measure the amount of ineffectiveness based on changes in spot rates. For net investment hedge relationships that use derivatives as hedging instruments, we assess hedge effectiveness and measure hedge ineffectiveness using changes in forward rates. For the three and nine months ended September 30, 2024, we recognized gains (losses) of $(41) million and $(7) million, respectively, and for the three and nine months ended September 30, 2023, we recognized gains (losses) of $38 million and $7 million, respectively, included in Change in foreign currency translation adjustments in OCI related to the net investment hedge relationships. A qualitative methodology is utilized to assess hedge effectiveness. The following table presents the gain (loss) recognized in income on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Income for: (in millions) Hedging Derivatives (a) Excluded Components (b) Hedged Net Impact Three Months Ended September 30, 2024 Foreign exchange contracts: Net realized gains/(losses) $ 53 $ 6 $ (53) $ 6 Three Months Ended September 30, 2023 Foreign exchange contracts: Net realized gains/(losses) $ 8 $ (6) $ (8) $ (6) Nine Months Ended September 30, 2024 Foreign exchange contracts: Net realized gains/(losses) $ (62) $ (21) $ 62 $ (21) Nine Months Ended September 30, 2023 Foreign exchange contracts: Net realized gains/(losses) $ (183) $ (8) $ 183 $ (8) (a) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are included in the assessment of hedge effectiveness. (b) 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 income on a mark-to-market basis. DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Income Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 By Derivative Type: Interest rate contracts $ (1) $ (32) $ (3) $ (34) Foreign exchange contracts 3 369 (62) 243 Equity contracts — 442 — 443 Commodity contracts — (1) — 7 Credit contracts 3 — 3 (1) Other contracts — (792) — (792) Embedded derivatives (157) 57 (158) (25) Total $ (152) $ 43 $ (220) $ (159) By Classification: Net investment income - excluding Fortitude Re funds withheld assets $ — $ — $ — $ — Net investment income - Fortitude Re funds withheld assets — 1 — — Net realized gains (losses) - excluding Fortitude Re funds withheld assets 7 (21) (62) (134) Net realized gains (losses) on Fortitude Re funds withheld assets * (159) 63 (158) (25) Total $ (152) $ 43 $ (220) $ (159) * Includes over-the-counter derivatives supporting the funds withheld arrangements with Fortitude Re and the embedded derivative contained within the funds withheld payable with Fortitude Re. CREDIT RISK-RELATED CONTINGENT FEATURES We estimate that at September 30, 2024, based on our outstanding financial derivative transactions, a downgrade of our long-term senior debt ratings to BBB or BBB– by Standard & Poor’s Financial Services LLC, a subsidiary of S&P Global Inc., and/or a downgrade to Baa2 or Baa3 by Moody’s Investors’ Service, Inc. would permit counterparties to make additional collateral calls and permit certain counterparties to elect early termination of contracts, resulting in corresponding collateral postings and termination payments in the total amount of up to approximately $6 million. The aggregate fair value of our derivatives that were in a net liability position and that contain such credit risk-related contingencies which can be triggered below our long-term senior debt ratings of BBB+ or Baa1 was approximately $33 million and $32 million at September 30, 2024 and December 31, 2023, respectively. The aggregate fair value of assets posted as collateral under these contracts at September 30, 2024 and December 31, 2023, was approximately $33 million and $34 million, respectively. 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, CLO and ABS, 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.

Insurance Liabilities

Insurance Liabilities	9 Months Ended
Insurance Liabilities	Sep. 30, 2024
Insurance [Abstract]
Insurance Liabilities	12. Insurance Liabilities LIABILITY FOR UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES (LOSS RESERVES) Loss reserves represent the accumulation of estimates of unpaid claims, including estimates for claims incurred but not reported and loss adjustment expenses, less applicable discount. We regularly review and update the methods used to determine loss reserve estimates. Any adjustments resulting from this review are reflected currently in pre-tax income, except to the extent such adjustment impacts a deferred gain under a retroactive reinsurance agreement, in which case the ceded portion would be amortized into pre-tax income in subsequent periods. Because these estimates are subject to the outcome of future events, changes in estimates are common given that loss trends vary and time is often required for changes in trends to be recognized and confirmed. Reserve changes that increase previous estimates of ultimate cost are referred to as unfavorable or adverse development or reserve strengthening. Reserve changes that decrease previous estimates of ultimate cost are referred to as favorable development or reserve releases. Our gross loss reserves before reinsurance and discount are net of contractual deductible recoverable amounts due from policyholders of approximately $12.8 billion and $12.1 billion at September 30, 2024 and December 31, 2023, respectively. These recoverable amounts are related to certain policies with high deductibles (in excess of high dollar amounts retained by the insured through self-insured retentions, deductibles, retrospective programs, or captive arrangements, each referred to generically as “deductibles”), primarily for U.S. Commercial casualty business. With respect to the deductible portion of the claim, we manage and pay the entire claim on behalf of the insured and are reimbursed by the insured for the deductible portion of the claim. Thus, these recoverable amounts represent a credit exposure to us. At September 30, 2024 and December 31, 2023 we held collateral of approximately $8.6 billion and $8.7 billion, respectively, for these deductible recoverable amounts, consisting primarily of letters of credit and funded trust agreements. Allowance for credit losses for the unsecured portion of these recoverable amounts was $14 million at both September 30, 2024 and December 31, 2023. The following table presents the rollforward of activity in loss reserves: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Liability for unpaid loss and loss adjustment expenses, beginning of period $ 69,783 $ 70,284 $ 70,393 $ 75,167 Reinsurance recoverable (29,849) (30,226) (30,289) (32,102) Net Liability for unpaid loss and loss adjustment expenses, beginning of period 39,934 40,058 40,104 43,065 Losses and loss adjustment expenses incurred: Current year 3,749 3,922 10,660 11,651 Prior years, excluding discount and amortization of deferred gain 187 (246) 79 (380) Prior years, discount charge (benefit) 49 52 217 200 Prior years, amortization of deferred gain on retroactive reinsurance (a) (212) 27 (277) (58) Total losses and loss adjustment expenses incurred 3,773 3,755 10,679 11,413 Losses and loss adjustment expenses paid: Current year (1,169) (1,190) (2,310) (2,360) Prior years (2,285) (2,561) (7,739) (9,104) Total losses and loss adjustment expenses paid (3,454) (3,751) (10,049) (11,464) Other changes: Foreign exchange effect 891 (583) 237 (211) Losses and loss adjustment expenses recognized within gain on divestitures — 316 — 316 Retroactive reinsurance adjustment (net of discount) (b) (107) 121 71 180 Dispositions (5) — (5) — Reclassified to held for sale, net of reinsurance recoverables (c) 5 (159) — (3,542) Total other changes 784 (305) 303 (3,257) Liability for unpaid loss and loss adjustment expenses, end of period: Net liability for unpaid losses and loss adjustment expenses 41,037 39,757 41,037 39,757 Reinsurance recoverable (d) 30,029 30,066 30,029 30,066 Total $ 71,066 $ 69,823 $ 71,066 $ 69,823 (a) Includes $3 million and $9 million for the retroactive reinsurance agreement with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc. (Berkshire), covering U.S. asbestos exposures for the three months ended September 30, 2024 and 2023, respectively, and $47 million and $22 million for the nine months ended September 30, 2024 and 2023, respectively. (b) Includes benefit (charge) from change in discount on retroactive reinsurance of $22 million and $24 million for the three months ended September 30, 2024 and 2023 respectively, and $100 million and $120 million for the nine months ended September 30, 2024 and 2023, respectively. (c) Represents change in loss reserves included in Liabilities held for sale for the three months ended September 30, 2024 and 2023. For additional information, see Note 4 . (d) Excludes $1.5 billion of Reinsurance recoverable reclassified to Assets held for sale on the Condensed Consolidated Balance Sheets at September 30, 2023. On January 20, 2017, we entered into an adverse development reinsurance agreement with NICO, under which we transferred to NICO 80 percent of the reserve risk on substantially all of our U.S. commercial long-tail exposures for accident years 2015 and prior. Under this agreement, we ceded to NICO 80 percent of the paid losses on subject business paid on or after January 1, 2016 in excess of $25 billion of net paid losses, up to an aggregate limit of $25 billion. At NICO’s 80 percent share, NICO’s limit of liability under the contract is $20 billion. We account for this transaction as retroactive reinsurance. We paid total consideration, including interest, of $10.2 billion. The consideration was placed into a collateral trust account as security for NICO’s claim payment obligations, and Berkshire has provided a parental guarantee to secure the obligations of NICO under the agreement. Prior Year Development During the three months ended September 30, 2024, we recognized unfavorable prior year loss reserve development of $187 million which does not reflect the benefit of recoveries under a retroactive adverse development cover, and excludes discount and amortization of deferred gain. The development in this period was largely driven by adverse development in U.S. Excess Casualty and UK/Europe Casualty and Financial Lines, offset by favorable development in Global Specialty and U.S. Property and Special Risks. During the nine months ended September 30, 2024, we recognized unfavorable prior year loss reserve development of $79 million excluding discount and amortization of deferred gain. The development in this period was largely driven by adverse development in U.S. Excess Casualty and UK/Europe Casualty and Financial Lines, offset by favorable development in Global Specialty, U.S. Property and Special Risks and on our loss sensitive U.S. Workers' Compensation business. During the three months ended September 30, 2023, we recognized favorable prior year loss reserve development of $246 million excluding discount and amortization of deferred gain. The development in this period was largely driven by favorable development on our U.S. Workers' Compensation business, International Financial Lines in all regions except UK, which was adverse, and Japan Personal Insurance partially offset by unfavorable development on UK/Europe Casualty. During the nine months ended September 30, 2023, we recognized favorable prior year loss reserve development of $380 million excluding discount and amortization of deferred gain. The development in this period was largely driven by favorable development on our U.S. Workers' Compensation business, U.S. Other Casualty and Other Product Lines, partially offset by unfavorable development on UK/Europe Casualty and UK Financial Lines. Discounting of Loss Reserves At September 30, 2024 and December 31, 2023, the loss reserves reflect a net loss reserve discount of $1.2 billion and $1.2 billion, respectively, including tabular and non-tabular calculations based upon the following assumptions: • The non-tabular workers’ compensation discount is calculated separately for companies domiciled in New York, Pennsylvania and Delaware, and follows the statutory regulations (prescribed or permitted) for each state. – For New York companies, the discount is based on a 5 percent interest rate and the companies’ own payout patterns. – The Pennsylvania and Delaware regulators approved use of a consistent benchmark discount rate and spread (U.S. Treasury rate plus a liquidity premium) to all of our workers’ compensation reserves in our Pennsylvania domiciled and Delaware domiciled companies, as well as our use of updated payout patterns specific to our primary and excess workers compensation portfolios. In 2020, the regulators also approved that the discount rate will be updated on an annual basis. • The tabular workers’ compensation discount is calculated based on the mortality rate used in the 2007 U.S. Life table and interest rates prescribed or permitted by each state (i.e. New York is based on 5 percent interest rate and Pennsylvania and Delaware are based on U.S. Treasury rate plus a liquidity premium). In the case that applying this tabular discount factor to our nominal reserves produces a tabular discount that is greater than the indemnity portion of our case reserves, the tabular discount is capped at our estimate of the indemnity portion of our cases reserves (45 percent). The discount for asbestos reserves has been fully accreted. At September 30, 2024 and December 31, 2023, the discount consists of $280 million and $294 million of tabular discount, respectively, and $922 million and $939 million of non-tabular discount for workers’ compensation, respectively. During the nine months ended September 30, 2024 and 2023, the benefit / (charge) from changes in discount of $(131) million and $(85) million, respectively, were recorded as part of Policyholder benefits and losses incurred in the Condensed Consolidated Statements of Income (Loss). The following table presents the components of the loss reserve discount discussed above: (in millions) September 30, 2024 December 31, 2023 U.S. workers' compensation $ 2,206 $ 2,337 Retroactive reinsurance (1,004) (1,104) Total reserve discount (a)(b) $ 1,202 $ 1,233 (a) Excludes $197 million and $196 million of discount related to certain long-tail liabilities in the UK at September 30, 2024 and December 31, 2023, respectively. (b) Includes gross discount of $665 million and $687 million, which was 100 percent ceded to Fortitude Re at September 30, 2024 and December 31, 2023, respectively. The following table presents the net loss reserve discount benefit (charge): Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Current accident year $ 20 $ 47 $ 86 $ 115 Accretion and other adjustments to prior year discount (49) (52) (217) (200) Net reserve discount benefit (charge) (29) (5) (131) (85) Change in discount on loss reserves ceded under retroactive reinsurance 22 24 100 120 Net change in total reserve discount* $ (7) $ 19 $ (31) $ 35 * Excludes $1 million and $7 million discount related to certain long-tail liabilities in the UK for the three months ended September 30, 2024 and 2023, respectively, and excludes $1 million and $15 million discount related to certain long-tail liabilities in the UK for the nine months ended September 30, 2024 and 2023, respectively. Amortization of Deferred Gain on Retroactive Reinsurance Amortization of the deferred gain on retroactive reinsurance includes $209 million and $(36) million related to the adverse development reinsurance cover with NICO for the three months ended September 30, 2024 and 2023, respectively, and $230 million and $36 million related to the adverse development reinsurance cover with NICO for the nine months ended September 30, 2024 and 2023, respectively. Amounts recognized reflect the amortization of the initial deferred gain at inception, as amended for subsequent changes in the deferred gain due to changes in subject reserves. 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. For traditional and limited pay long-duration products, benefit reserves are accrued and benefit expense is recognized using a net premium ratio methodology for each annual cohort of business. The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Condensed Consolidated Balance Sheets: Nine Months Ended September 30, (in millions, except for liability durations) 2024 2023 Present value of expected net premiums Balance, beginning of year $ 1,702 $ 1,929 Effect of changes in discount rate assumptions (AOCI) 339 262 Beginning balance at original discount rate 2,041 2,191 Effect of actual variances from expected experience (7) (44) Adjusted beginning of year balance 2,034 2,147 Issuances 75 100 Interest accrual 22 22 Net premium collected (268) (160) Foreign exchange impact (87) (62) Other — (63) Ending balance at original discount rate 1,776 1,984 Effect of changes in discount rate assumptions (AOCI) (193) (354) Balance, end of period $ 1,583 $ 1,630 Nine Months Ended September 30, (in millions, except for liability durations) 2024 2023 Present value of expected future policy benefits Balance, beginning of year $ 2,149 $ 2,380 Effect of changes in discount rate assumptions (AOCI) 441 362 Beginning balance at original discount rate 2,590 2,742 Effect of actual variances from expected experience (8) (43) Adjusted beginning of year balance 2,582 2,699 Issuances 79 104 Interest accrual 27 27 Benefit payments (273) (153) Foreign exchange impact (107) (93) Other — (74) Ending balance at original discount rate 2,308 2,510 Effect of changes in discount rate assumptions (AOCI) (264) (461) Balance, end of period $ 2,044 $ 2,049 Net liability for future policy benefits, end of period $ 461 $ 419 Deferred profit liability 1 1 Other reconciling items (a) 1,009 891 Future policy benefits 1,471 1,311 Less: Reinsurance recoverable (813) (712) Net liability for future policy benefits after reinsurance recoverable $ 658 $ 599 Weighted average liability duration of the liability for future policy benefits (b) 9.8 9.5 (a) Other reconciling items primarily include Accident & Health (short-duration) contracts of $776 million and $661 million at September 30, 2024 and 2023, respectively, of certain long-duration contracts that are 100 percent ceded. (b) The weighted average liability durations are calculated as the modified duration using projected future net liability cash flows 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. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Undiscounted expected future benefits and expense $ 2,820 $ 3,099 Undiscounted expected future gross premiums 3,881 4,275 Discounted expected future gross premiums (at current discount rate) 2,905 2,963 The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Gross premiums $ 326 $ 338 Interest accretion $ 5 $ 5 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, 2024 2023 Weighted-average interest rate, original discount rate 1.83 % 1.84 % Weighted-average interest rate, current discount rate 3.30 % 3.92 %

Contingencies, Commitments and

Contingencies, Commitments and Guarantees	9 Months Ended
Contingencies, Commitments and Guarantees	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies, Commitments and Guarantees	13. Contingencies, Commitments and Guarantees In the normal course of business, we enter into various contingent liabilities and commitments. In addition, AIG Parent guarantees various obligations of certain subsidiaries. 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 or consolidated results of operations or consolidated cash flows for an individual reporting period. LEGAL CONTINGENCIES 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 loss reserves. Separate and apart from the foregoing matters involving insurance and reinsurance coverage, AIG Parent, our subsidiaries and their respective officers and directors are subject to a variety of additional types of legal proceedings brought by holders of AIG 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 that any such charges are likely to have a material adverse effect on our financial position or results of operation. 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 insurance 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. 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 U.S. and abroad. These commitments totaled $1.5 billion and $1.7 billion at September 30, 2024 and December 31, 2023, respectively. GUARANTEES Subsidiaries We have issued unconditional guarantees with respect to the prompt payment, when due, of all present and future payment obligations and liabilities of AIGFP and certain of its subsidiaries. We have also issued guarantees of all present and future payment obligations and liabilities of AIG Markets, Inc. Due to the deconsolidation of AIGFP and its subsidiaries, as of September 30, 2024, a $100 million guarantee related to the obligations of AIGFP and certain of its subsidiaries was recognized, and is reported in Other liabilities. We continue to guarantee certain policyholder contracts issued by Corebridge subsidiaries as well as certain debt issued by Corebridge Life Holdings, Inc. (CRBGLH). Pursuant to the Separation Agreement entered in by AIG and Corebridge on September 14, 2022, Corebridge must indemnify, defend and hold us harmless from and against any liability related to these guarantees. Also, under a collateral agreement, in the event of: (i) a ratings downgrade of Corebridge or the guaranteed debt below specified levels or (ii) the failure by CRBGLH to pay principal and interest on the guaranteed debt when due, Corebridge must collateralize an amount equal to the sum of: (i) 100 percent of the principal amount outstanding, (ii) accrued and unpaid interest and (iii) 100 percent of the net present value of scheduled interest payments through the maturity dates of the debt. Business and Asset Dispositions We are subject to financial guarantees and indemnity arrangements in connection with the completed sales of businesses and assets. 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 limitation. 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 the likelihood that we will have to make any material payments related to completed sales under these arrangements is remote, and no material liabilities related to these arrangements have been recorded in the Condensed Consolidated Balance Sheets. Other • For additional information on commitments and guarantees associated with VIEs, see Note 10. •

Equity

Equity	9 Months Ended
Equity	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Equity	14. Equity SHARES OUTSTANDING Preferred Stock On March 14, 2019, we issued 20,000 shares of Series A 5.85% Non-Cumulative Perpetual Preferred Stock (Series A Preferred Stock) (equivalent to 20,000,000 Depositary Shares (the Depositary Shares), each representing a 1/1,000th interest in a share of Series A Preferred Stock), $5.00 par value and $25,000 liquidation preference per share (equivalent to $25 per Depositary Share). After underwriting discounts and expenses, we received net proceeds of approximately $485 million. On March 15, 2024, we redeemed all 20,000 outstanding shares of our Series A Preferred Stock and all 20,000,000 of the corresponding Depositary Shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock, for a redemption price of $25,000 per share (equivalent to $25.00 per Depositary Share) for an aggregate redemption price of $500 million, paid in cash. The $15 million difference between the aggregate redemption price and the outstanding par and additional paid in capital amount of $485 million was recorded as a reduction of retained earnings and is presented on Dividends on preferred stock and preferred stock redemption premiums on the Condensed Consolidated Statements of Income. Common Stock The following table presents a rollforward of outstanding shares: Nine Months Ended September 30, 2024 Common Treasury Common Stock (in millions) Shares, beginning of year 1,906.7 (1,217.9) 688.8 Shares issued — 6.7 6.7 Shares repurchased — (65.2) (65.2) Shares, end of period 1,906.7 (1,276.4) 630.3 Dividends Dividends are payable on AIG common stock, par value $2.50 per share (AIG Common Stock) only when, as and if declared by our Board of Directors in its discretion, from funds legally available for this purpose. In considering whether to pay a dividend on or purchase shares of AIG Common Stock, our Board of Directors considers a number of factors, including, but not limited to: the capital resources available to support our insurance operations and business strategies, AIG’s funding capacity and capital resources in comparison to internal benchmarks, expectations for capital generation, rating agency expectations for capital, regulatory standards for capital and capital distributions, and such other factors as our Board of Directors may deem relevant. Repurchase of AIG Common Stock Shares may be repurchased from time to time in the open market, 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 Exchange Act of 1934, as amended (the Exchange Act) Rule 10b5-1 repurchase plans. On April 30, 2024, the Board of Directors authorized the repurchase of $10.0 billion of AIG Common Stock (inclusive of the approximately $3.9 billion remaining under the Board's prior share repurchase authorization). The timing of any future repurchases will depend on market conditions, our business and strategic plans, financial condition, results of operations, liquidity and other factors. Pursuant to an Exchange Act Rule 10b5-1 repurchase plan, from October 1, 2024 to October 30, 2024, we repurchased approximately 7 million shares of AIG Common Stock for an aggregate purchase price of approximately $500 million. DIVIDENDS DECLARED On November 4, 2024, our Board of Directors declared a cash dividend on AIG Common Stock of $0.40 per share, payable on December 30, 2024 to shareholders of record on December 16, 2024. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents a rollforward of Accumulated other comprehensive income (loss): (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Balance, June 30, 2024, net of tax $ (38) $ (3,422) $ — $ 22 $ (3,322) $ (805) $ (7,565) Change in unrealized appreciation (depreciation) of investments* 45 1,581 — — — — 1,626 Change in other — 17 — — — — 17 Change in discount rates — — — (12) — — (12) Change in foreign currency translation adjustments — — — — 427 — 427 Change in net actuarial loss — — — — — 2 2 Change in prior service cost — — — — — (1) (1) Change in deferred tax asset (liability) (8) (249) — 58 (13) — (212) Total other comprehensive income 37 1,349 — 46 414 1 1,847 Noncontrolling interests — — — — 4 — 4 Balance, September 30, 2024, net of tax $ (1) $ (2,073) $ — $ 68 $ (2,912) $ (804) $ (5,722) Balance, June 30, 2023, net of tax $ (60) $ (16,655) $ (315) $ 2,067 $ (3,174) $ (845) $ (18,982) Change in unrealized appreciation (depreciation) of investments* (69) (7,025) — — — — (7,094) Change in other (11) 17 — — — — 6 Change in fair value of market risk benefits, net — — (104) — — — (104) Change in discount rates — — — 1,470 — — 1,470 Change in future policy benefits — 173 — — — — 173 Change in foreign currency translation adjustments — — — — (279) — (279) Change in net actuarial loss — — — — — 62 62 Change in prior service cost — — — — — 1 1 Change in deferred tax asset (liability) 14 1,141 23 (323) 10 (18) 847 Total other comprehensive income (loss) (66) (5,694) (81) 1,147 (269) 45 (4,918) Corebridge noncontrolling interests (1) (72) (2) 14 — — (61) Noncontrolling interests (17) (1,760) (29) 387 (13) — (1,432) Balance, September 30, 2023, net of tax $ (110) $ (20,661) $ (369) $ 2,841 $ (3,430) $ (800) $ (22,529) (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Balance, December 31, 2023, net of tax $ (106) $ (10,888) $ (476) $ 1,233 $ (2,979) $ (821) $ (14,037) Change in unrealized appreciation (depreciation) of investments* 98 (729) — — — — (631) Change in other — 13 — — — — 13 Change in fair value of market risk benefits, net — — 130 — — — 130 Change in discount rates — — — 947 — — 947 Change in future policy benefits — (59) — — — — (59) Change in foreign currency translation adjustments — — — — 173 — 173 Change in net actuarial loss — — — — — 19 19 Change in prior service cost — — — — — 2 2 Change in deferred tax asset (liability) (20) (92) (28) (166) (14) (4) (324) Corebridge deconsolidation, net of tax 42 8,513 330 (1,583) (88) — 7,214 Total other comprehensive income 120 7,646 432 (802) 71 17 7,484 Corebridge noncontrolling interests 2 610 33 (105) (3) — 537 Noncontrolling interests 17 (559) (11) 258 1 — (294) Balance, September 30, 2024, net of tax $ (1) $ (2,073) $ — $ 68 $ (2,912) $ (804) $ (5,722) Balance, December 31, 2022, net of tax $ (136) $ (20,675) $ (284) $ 2,459 $ (3,056) $ (924) $ (22,616) Change in unrealized appreciation (depreciation) of investments* 44 (4,412) — — — — (4,368) Change in other (11) (36) — — — — (47) Change in fair value of market risk benefits, net — — (250) — — — (250) Change in discount rates — — — 1,474 — — 1,474 Change in future policy benefits — 210 — — — — 210 Change in foreign currency translation adjustments — — — — (323) — (323) Change in net actuarial loss — — — — — 167 167 Change in prior service cost — — — — — 3 3 Change in deferred tax asset (liability) (9) 798 54 (374) (33) (45) 391 Total other comprehensive income (loss) 24 (3,440) (196) 1,100 (356) 125 (2,743) Corebridge noncontrolling interests 3 2,053 52 (331) (10) (1) 1,766 Noncontrolling interests 1 (1,401) (59) 387 8 — (1,064) Balance, September 30, 2023, net of tax $ (110) $ (20,661) $ (369) $ 2,841 $ (3,430) $ (800) $ (22,529) * Includes net unrealized gains and losses attributable to businesses held for sale or reclassified to discontinued operations at September 30, 2024 and 2023. The following table presents the other comprehensive income (loss) reclassification adjustments for the three and nine months ended September 30, 2024 and 2023 , respectively: (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Three Months Ended September 30, 2024 Unrealized change arising during period $ 45 $ 1,514 $ — $ (12) $ 427 $ (7) $ 1,967 Less: Reclassification adjustments included in net income — (84) — — — (8) (92) Total other comprehensive income (loss), before income tax expense (benefit) 45 1,598 — (12) 427 1 2,059 Less: Income tax expense (benefit) 8 249 — (58) 13 — 212 Total other comprehensive income (loss), net of income tax expense (benefit) $ 37 $ 1,349 $ — $ 46 $ 414 $ 1 $ 1,847 Three Months Ended September 30, 2023 Unrealized change arising during period $ (80) $ (6,998) $ (104) $ 1,470 $ (279) $ 57 $ (5,934) Less: Reclassification adjustments included in net income — (163) — — — (6) (169) Total other comprehensive income (loss), before income tax expense (benefit) (80) (6,835) (104) 1,470 (279) 63 (5,765) Less: Income tax expense (benefit) (14) (1,141) (23) 323 (10) 18 (847) Total other comprehensive income (loss), net of income tax expense (benefit) $ (66) $ (5,694) $ (81) $ 1,147 $ (269) $ 45 $ (4,918) (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Nine Months Ended September 30, 2024 Unrealized change arising during period $ 98 $ (1,129) $ 130 $ 947 $ 173 $ (2) $ 217 Less: Reclassification adjustments included in net income (42) (8,867) (330) 1,583 88 (23) (7,591) Total other comprehensive income (loss), before of income tax expense (benefit) 140 7,738 460 (636) 85 21 7,808 Less: Income tax expense (benefit) 20 92 28 166 14 4 324 Total other comprehensive income (loss), net of income tax expense (benefit) $ 120 $ 7,646 $ 432 $ (802) $ 71 $ 17 $ 7,484 Nine Months Ended September 30, 2023 Unrealized change arising during period $ 10 $ (5,171) $ (250) $ 1,474 $ (323) $ 147 $ (4,113) Less: Reclassification adjustments included in net income (23) (933) — — — (23) (979) Total other comprehensive income (loss), before income tax expense (benefit) 33 (4,238) (250) 1,474 (323) 170 (3,134) Less: Income tax expense (benefit) 9 (798) (54) 374 33 45 (391) Total other comprehensive income (loss), net of income tax expense (benefit) $ 24 $ (3,440) $ (196) $ 1,100 $ (356) $ 125 $ (2,743) The following table presents the effect of the reclassification of significant items out of AOCI on the respective line items in the Condensed Consolidated Statements of Income (Loss) (a) : Amount Reclassified from AOCI Affected Line Item in the Three Months Ended September 30, Condensed Consolidated (in millions) 2024 2023 Statements of Income (Loss) Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ — Net realized gains (losses) Total — — Unrealized appreciation (depreciation) of all other investments Investments (84) (163) Net realized gains (losses) Total (84) (163) Change in retirement plan liabilities adjustment Prior-service credit — (1) (b) Actuarial losses (8) (5) (b) Total (8) (6) Total reclassifications for the period $ (92) $ (169) Amount Reclassified from AOCI Affected Line Item in the Nine Months Ended September 30, Condensed Consolidated (in millions) 2024 2023 Statements of Income (Loss) Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ (23) Net realized gains (losses) Total — (23) Unrealized appreciation (depreciation) of all other investments Investments (354) (933) Net realized gains (losses) Total (354) (933) Change in retirement plan liabilities adjustment Prior-service credit (1) (2) (b) Actuarial losses (22) (21) (b) Total (23) (23) Corebridge deconsolidation, net of tax (7,214) — (c) Total reclassifications for the period $ (7,591) $ (979) (a) The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table: (a) Change in fair value of market risk benefits attributable to changes in our own credit risk and (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts. (b) These AOCI components are included in the computation of net periodic pension cost. (c)

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS)	9 Months Ended
Earnings Per Common Share (EPS)	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Common Share (EPS)	15. Earnings Per Common Share (EPS) The basic EPS computation is based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and 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 dividends and stock splits, using the treasury stock method or the if-converted method, as applicable. The following table presents the computation of basic and diluted EPS: Three Months Ended Nine Months Ended (dollars in millions, except per common share data) 2024 2023 2024 2023 Numerator for EPS: Income from continuing operations $ 481 $ 701 $ 1,753 $ 1,879 Less: Preferred stock dividends and preferred stock redemption premiums — 7 22 22 Income attributable to AIG common shareholders from continuing operations 481 694 1,731 1,857 Income (loss) from discontinued operations, net of income tax expense (24) 2,046 (3,580) 2,472 Less: Net income (loss) attributable to noncontrolling interests (2) 720 475 801 Income (loss) from discontinued operations, net of noncontrolling interest (22) 1,326 (4,055) 1,671 Net income (loss) attributable to AIG common shareholders $ 459 $ 2,020 $ (2,324) $ 3,528 Denominator for EPS: Weighted average common shares outstanding - basic 641,621,768 712,598,496 661,691,554 725,579,999 Dilutive common shares 5,743,674 6,128,816 5,663,515 5,453,046 Weighted average common shares outstanding - diluted (a) 647,365,442 718,727,312 667,355,069 731,033,045 Income (loss) per common share attributable to AIG common shareholders: Basic: Income from continuing operations $ 0.75 $ 0.97 $ 2.62 $ 2.56 Income (loss) from discontinued operations $ (0.03) $ 1.86 $ (6.13) $ 2.30 Income (loss) attributable to AIG common shareholders $ 0.72 $ 2.83 $ (3.51) $ 4.86 Diluted: Income from continuing operations $ 0.74 $ 0.97 $ 2.59 $ 2.54 Income (loss) from discontinued operations $ (0.03) $ 1.84 $ (6.07) $ 2.29 Income (loss) attributable to AIG common shareholders $ 0.71 $ 2.81 $ (3.48) $ 4.83 (a) Potential dilutive common shares are primarily due to our share-based employee compensation plans. The number of potential common shares excluded from diluted shares outstanding was 0.1 million and 0.1 million for the three and nine months ended September 30, 2024, respectively, and 5.1 million and 5.4 million for the three and nine months ended September 30, 2023, respectively, because the effect of including those common shares in the calculation would have been anti-dilutive. For information regarding our repurchases of AIG Common Stock, see Note 14.

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	16. Income Taxes U.S. TAX LAW CHANGES The Inflation Reduction Act of 2022 (H.R. 5376) includes a 15 percent corporate alternative minimum tax (CAMT) on adjusted financial statement income for corporations with average profits over $1 billion over a three-year period. While the U.S. Treasury and Internal Revenue Service (IRS) issued proposed regulations for CAMT during the third quarter of 2024, there are still certain details and specifics of application of the CAMT that remain unclear and we continue to evaluate the impact of the proposed regulations along with prior guidance. BASIS OF PRESENTATION We file a consolidated U.S. federal income tax return with our eligible U.S. subsidiaries. Income earned by subsidiaries operating outside the U.S. is taxed, and income tax expense is recorded, based on applicable U.S. and foreign laws. TAX ACCOUNTING POLICIES We consider our foreign earnings with respect to certain operations in Canada, South Africa, Japan, Latin America, Bermuda as well as the European, Asia Pacific and Middle East regions to be indefinitely reinvested. These earnings relate to ongoing operations and have been reinvested in active business operations. A deferred tax liability has not been recorded for those foreign subsidiaries whose earnings are considered to be indefinitely reinvested. If recorded, such deferred tax liability would not be material to our consolidated financial condition. Deferred taxes, if necessary, have been provided on earnings of non-U.S. affiliates whose earnings are not indefinitely reinvested. Global Intangible Low-Taxed Income (GILTI) imposes U.S. taxes on the excess of a deemed return on tangible assets of certain foreign subsidiaries. Consistent with accounting guidance, we have made an accounting policy election to treat GILTI taxes as a period tax charge in the period the tax is incurred. INTERIM TAX CALCULATION METHOD We use the estimated annual effective tax rate method in computing our interim tax provision. Certain items, including those deemed to be unusual, infrequent or that cannot be reliably estimated, are excluded from the estimated annual effective tax rate. In these cases, the actual tax expense or benefit is reported in the same period as the related item. Certain tax effects are also not reflected in the estimated annual effective tax rate, primarily certain changes in uncertain tax positions and realizability of deferred tax assets and are recorded in the period in which the change occurs. INTERIM TAX EXPENSE (BENEFIT) For the three months ended September 30, 2024, the effective tax rate on income from continuing operations was 25.9 percent. The effective tax rate on income from continuing operations differs from the statutory tax rate of 21 percent primarily due to tax charges associated with the effect of foreign operations, state and local income taxes and certain non-deductible expenses, partially offset by tax benefits related to the dividends received deduction applicable to post-deconsolidation Corebridge dividends and tax exempt income. The effect of foreign operations is primarily related to income of our foreign operations taxed at statutory tax rates higher than 21 percent, other foreign taxes, and foreign income subject to U.S. taxation. For the nine months ended September 30, 2024, the effective tax rate on income from continuing operations was 24.6 percent. The effective tax rate on income from continuing operations differs from the statutory tax rate of 21 percent primarily due to tax charges associated with the effect of foreign operations, state and local income taxes and certain non-deductible expenses, partially offset by tax benefits related to the dividends received deduction applicable to post-deconsolidation Corebridge dividends, tax exempt income and excess tax benefits related to share-based compensation payments recorded through the income statement. The effect of foreign operations is primarily related to income of our foreign operations taxed at statutory tax rates higher than 21 percent, other foreign taxes, and foreign income subject to U.S. taxation. For the three months ended September 30, 2023, the effective tax rate on income from continuing operations was 36.3 percent. The effective tax rate on income from continuing operations differs from the statutory tax rate of 21 percent primarily due to tax charges associated with tax adjustments related to prior year returns, the effect of foreign operations, and state and local income taxes. These tax charges were partially offset by tax benefits related to tax implications related to the announced sale of Validus Re and tax exempt income. The effect of foreign operations is primarily related to income of our foreign operations taxed at statutory tax rates higher than 21 percent, other foreign taxes, and foreign income subject to U.S. taxation. For the nine months ended September 30, 2023, the effective tax rate on income from continuing operations was 21.3 percent. The effective tax rate on income from continuing operations differs from the statutory tax rate of 21 percent primarily due to tax charges associated with tax adjustments related to prior year returns, the effect of foreign operations, tax implications related to the announced sale of Validus Re, foreign valuation allowance changes, and state and local income taxes. These tax charges were partially offset by tax benefits related to the potential resolution of an IRS audit matter, net of an increase in associated uncertain tax benefits, tax exempt income and excess tax benefits related to share-based compensation payments recorded through the income statement. The effect of foreign operations is primarily related to income of our foreign operations taxed at statutory tax rates higher than 21 percent, other foreign taxes, and foreign income subject to U.S. taxation. 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. During the third quarter, taxable income projections were updated to reflect the latest projections of income for our insurance and non-insurance companies, the filing of our 2023 U.S. federal consolidated income tax return, 2024 transactions, and projections of taxable income generated from prudent and feasible tax planning strategies. Given there is a shorter carryforward period to utilize remaining net operating losses, we continue to consider multiple data points and stresses. Additionally, significant market volatility continues to impact 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 AIG-specific conditions and events, and any impact these conditions and events may have on our prudent and feasible tax planning strategies. We also subjected the forecasts to a variety of stresses of key assumptions and evaluated the effect on tax attribute utilization. To the extent that the valuation allowance is attributed to changes in forecast of current year taxable income, the impact is included in our estimated annualized effective tax rate. A valuation allowance related to changes in forecasts of income in future periods as well as other items not related to the current year is recorded discretely. After factoring in multiple data points and assessing the relative weight of all positive and negative evidence, we concluded that a valuation allowance of $300 million should remain on a portion of AIG's U.S. federal consolidated income tax group tax attribute carryforwards that are not more likely than not to be realized. Accordingly, during the nine months ended September 30, 2024, we recorded no change in valuation allowance. For the nine months ended September 30, 2024, recent changes in market conditions, including changes in interest rates, impacted the unrealized tax gains and losses in the available for sale securities portfolios of our general insurance and non-insurance companies, resulting in a decrease to deferred tax assets related to net unrealized tax capital losses. The deferred tax assets relate to the unrealized tax capital losses for which the carryforward period has not yet begun. As of September 30, 2024, based on all available evidence, we concluded that a valuation allowance of $369 million is necessary on a portion of the deferred tax assets related to unrealized tax capital losses that are not more-likely-than-not to be realized. For the three and nine months ended September 30, 2024, we recorded a decrease in valuation allowance of $204 million and $181 million, respectively, associated with the unrealized tax capital losses in AIG's available for sale securities portfolio. The valuation allowance decrease was allocated to other comprehensive income. For the nine months ended September 30, 2024, we recognized a net $15 million decrease in deferred tax asset valuation allowance associated with certain foreign jurisdictions. TAX EXAMINATIONS We are currently under examination by the IRS for the tax years 2011 through 2019, and are engaging in the Appeals process for certain disagreed issues related to tax years 2007 through 2010. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES At both September 30, 2024 and December 31, 2023, our unrecognized tax benefits, excluding interest and penalties, were $1.4 billion. At both September 30, 2024 and December 31, 2023, the amounts of unrecognized tax benefits that, if recognized, would favorably affect the effective tax rate were $1.4 billion. Unrecognized tax benefits that would not affect the effective tax rate generally relate to such factors as the timing, rather than the permissibility of the deduction. Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. At September 30, 2024 and December 31, 2023, we had accrued liabilities of $53 million and $52 million, respectively, for the payment of interest (net of the federal benefit) and penalties. For the nine months ended September 30, 2024 and September 30, 2023, we accrued expense of $1 million and benefit of $5 million, respectively, for the payment of interest and penalties.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	17. Subsequent Events DEBT REDEMPTION On October 21, 2024, AIG announced that we will redeem all of our outstanding Zero Coupon Callable Notes Due 2047 (the Notes) on November 22, 2024 (the Redemption Date) for a redemption price equal to 135.631% of the face amount of the Notes outstanding on such Redemption Date. As of October 21, 2024, $400,000,000 face amount of the Notes was outstanding.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2024
Accounting Policies [Abstract]
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in accordance with U.S. 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: • loss reserves; • reinsurance assets, including the allowance for credit losses and disputes; • goodwill impairment; • allowance for credit losses on certain investments, primarily on loans and available for sale fixed maturity securities; • fair value measurements of certain financial assets and financial liabilities; and • income taxes, in particular the recoverability of our deferred tax asset and establishment of provisions for uncertain tax positions. These accounting estimates require the use of assumptions about matters, some of which are highly uncertain at the time of estimation. To the extent actual experience differs from the assumptions used, our consolidated financial condition, results of operations and cash flows could be materially affected.
Accounting Standards Adopted During 2024 and Future Application of Accounting Standards	ACCOUNTING STANDARDS ADOPTED DURING 2024 Fair Value Measurement On June 30, 2022, the Financial Accounting Standards Board (FASB) issued an accounting standards update 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 on AIG Consolidated Financial Statements. FUTURE APPLICATION OF ACCOUNTING STANDARDS Income Tax In December 2023, the FASB issued an accounting standard update 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 should be applied on a prospective basis, but retrospective application is permitted. We are assessing the impact of this standard. Segment Reporting
Discontinued Operations Presentation	We present a business, or a component of an entity, as discontinued operations if a) it meets the held-for-sale criteria, or is disposed of by sale, or is disposed of other than by sale, and b) the disposal of the business, or component of an entity, represents a strategic shift that has (or will have) a major effect on AIG’s financial results.
Fair Value Measurement	Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are measured and classified in accordance with a fair value hierarchy consisting of three “levels” based on the observability of valuation inputs: • Level 1: Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments. • Level 2: Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3: Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions about the inputs a hypothetical market participant would use to value that asset or liability.
Investments	We purchase certain RMBS securities that have experienced more-than-insignificant deterioration in credit quality since origination. These are referred to as PCD assets. At the time of purchase an allowance is recognized for these PCD 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 PCD 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 PCD assets follow the same accounting as other structured securities that are not high credit quality. 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. We also enter into agreements in which securities are purchased by us under agreements to resell (reverse repurchase agreements), which are accounted for as secured financing transactions and reported as short-term investments or other assets, depending on their terms. These agreements are recorded at their contracted resale amounts plus accrued interest, other than those that are accounted for at fair value. In all reverse repurchase transactions, we take possession of or obtain a security interest in the related securities, and we have the right to sell or repledge this collateral received. 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 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.
Reinsurance	FORTITUDE RE Fortitude Re is the reinsurer of the majority of AIG’s run-off operations. The reinsurance transactions are structured as modco and loss portfolio transfer arrangements with funds withheld (funds withheld). In modco and funds withheld arrangements, the investments supporting the reinsurance agreements, 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., AIG) thereby creating an obligation for the ceding company to pay the reinsurer (i.e., Fortitude Re) at a later date. Additionally, as AIG maintains ownership of these investments, AIG 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). AIG has established a funds withheld payable to Fortitude Re while simultaneously establishing a reinsurance asset representing reserves 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 Net 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. REINSURANCE – CREDIT LOSSES The estimation of reinsurance recoverables involves a significant amount of judgment, particularly for latent exposures, such as asbestos, due to their long-tail nature. 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 deposit accounting assets on the consolidated balance sheets (collectively, reinsurance recoverables). 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; reinsurers 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.
Credit Losses	REINSURANCE – CREDIT LOSSES The estimation of reinsurance recoverables involves a significant amount of judgment, particularly for latent exposures, such as asbestos, due to their long-tail nature. 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 deposit accounting assets on the consolidated balance sheets (collectively, reinsurance recoverables). 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; reinsurers 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.
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, premium taxes, and medical and inspection 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 General operating and other expenses in the Condensed Consolidated Statements of Income (Loss).
Variable Interest Entity	We enter into various arrangements with Variable Interest Entities (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.
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 swaps) are used to manage interest rate risk associated with embedded derivatives contained in insurance contract liabilities, fixed maturity securities, outstanding medium- and long-term notes as well as other interest rate sensitive assets and liabilities. Foreign exchange derivatives (principally foreign exchange forwards and swaps) are used to economically mitigate risk associated with non-U.S. dollar denominated debt, net capital exposures, foreign currency transactions, and foreign denominated investments. Equity derivatives are used to economically mitigate financial risk associated with embedded derivatives. 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 (CDSs), total return swaps and purchases of investments with embedded derivatives, such as equity-linked notes and convertible bonds.
Liability for Unpaid Losses and Loss Adjustment Expenses (Loss Reserves)	Loss reserves represent the accumulation of estimates of unpaid claims, including estimates for claims incurred but not reported and loss adjustment expenses, less applicable discount. We regularly review and update the methods used to determine loss reserve estimates. Any adjustments resulting from this review are reflected currently in pre-tax income, except to the extent such adjustment impacts a deferred gain under a retroactive reinsurance agreement, in which case the ceded portion would be amortized into pre-tax income in subsequent periods. Because these estimates are subject to the outcome of future events, changes in estimates are common given that loss trends vary and time is often required for changes in trends to be recognized and confirmed. Reserve changes that increase previous estimates of ultimate cost are referred to as unfavorable or adverse development or reserve strengthening. Reserve changes that decrease previous estimates of ultimate cost are referred to as favorable development or reserve releases.
Future Policy Benefits for Life and Accident and Health Insurance Contracts and Policyholder Contract Deposits	FUTURE POLICY BENEFITS
Earnings Per Share	The basic EPS computation is based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and 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 dividends and stock splits, using the treasury stock method or the if-converted method, as applicable.
Tax Accounting Policies	TAX ACCOUNTING POLICIES We consider our foreign earnings with respect to certain operations in Canada, South Africa, Japan, Latin America, Bermuda as well as the European, Asia Pacific and Middle East regions to be indefinitely reinvested. These earnings relate to ongoing operations and have been reinvested in active business operations. A deferred tax liability has not been recorded for those foreign subsidiaries whose earnings are considered to be indefinitely reinvested. If recorded, such deferred tax liability would not be material to our consolidated financial condition. Deferred taxes, if necessary, have been provided on earnings of non-U.S. affiliates whose earnings are not indefinitely reinvested. Global Intangible Low-Taxed Income (GILTI) imposes U.S. taxes on the excess of a deemed return on tangible assets of certain foreign subsidiaries. Consistent with accounting guidance, we have made an accounting policy election to treat GILTI taxes as a period tax charge in the period the tax is incurred. 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. During the third quarter, taxable income projections were updated to reflect the latest projections of income for our insurance and non-insurance companies, the filing of our 2023 U.S. federal consolidated income tax return, 2024 transactions, and projections of taxable income generated from prudent and feasible tax planning strategies. Given there is a shorter carryforward period to utilize remaining net operating losses, we continue to consider multiple data points and stresses. Additionally, significant market volatility continues to impact 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 AIG-specific conditions and events, and any impact these conditions and events may have on our prudent and feasible tax planning strategies. We also subjected the forecasts to a variety of stresses of key assumptions and evaluated the effect on tax attribute utilization.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Continuing Operations by Operating Segment	The following table presents AIG’s continuing operations by operating segment: Three Months Ended September 30, 2024 2023 (in millions) Adjusted Adjusted Adjusted Adjusted General Insurance North America - Underwriting income $ 2,638 $ 37 (a) $ 3,079 $ 235 (a) International - Underwriting income 3,309 400 (a) 3,343 376 (a) Net investment income 773 773 756 756 Total General Insurance 6,720 1,210 7,178 1,367 Other Operations Other Operations before consolidation and eliminations 123 (141) 171 (271) Consolidation and eliminations — (2) (22) (7) Total Other Operations 123 (143) 149 (278) Total 6,843 1,067 7,327 1,089 Reconciling items: Changes in the fair values of equity securities and AIG's investment in Corebridge 25 25 31 31 Other income (expense) - net (1) — 17 — Loss on extinguishment of debt — — — (21) Net investment income on Fortitude Re funds withheld assets 51 51 29 29 Net realized losses on Fortitude Re funds withheld assets (18) (18) (3) (3) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative (157) (157) 57 57 Net realized gains (losses) (b) 8 7 (191) (190) Net gain (loss) on divestitures and other — (8) — 101 Three Months Ended September 30, 2024 2023 (in millions) Adjusted Adjusted Adjusted Adjusted (Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements — (126) — 75 Net loss reserve discount charge — (29) — (5) Pension expense related to lump sum payments to former employees — — — (8) Integration and transaction costs associated with acquiring or divesting businesses — (22) — (2) Restructuring and other costs — (137) — (49) Non-recurring costs related to regulatory or accounting changes — (4) — (4) Revenues and pre-tax income $ 6,751 $ 649 $ 7,267 $ 1,100 Nine Months Ended September 30, 2024 2023 (in millions) Adjusted Adjusted Adjusted Adjusted General Insurance North America - Underwriting income $ 7,610 $ 424 (a) $ 9,254 $ 886 (a) International - Underwriting income 9,872 1,039 (a) 9,924 821 (a) Net investment income 2,281 2,281 2,227 2,227 Total General Insurance 19,763 3,744 21,405 3,934 Other Operations Other Operations before consolidation and eliminations 431 (496) 490 (815) AIG consolidation and eliminations (3) (3) (61) (20) Total Other Operations 428 (499) 429 (835) Total 20,191 3,245 21,834 3,099 Reconciling items: Changes in the fair values of equity securities and AIG's investment in Corebridge 172 172 93 93 Other income (expense) - net 16 — 40 — Gain (loss) on extinguishment of debt — (1) — (21) Net investment income on Fortitude Re funds withheld assets 123 123 106 106 Net realized losses on Fortitude Re funds withheld assets (38) (38) (64) (64) Net realized losses on Fortitude Re funds withheld embedded derivative (158) (158) (25) (25) Net realized losses (b) (232) (234) (577) (573) Net gain (loss) on divestitures and other — 94 — 89 Non-operating litigation reserves and settlements — — 1 — (Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements — (66) — 112 Net loss reserve discount benefit (charge) — (131) — (85) Pension expense related to lump sum payments to former employees — — — (62) Integration and transaction costs associated with acquiring or divesting businesses — (37) — (10) Restructuring and other costs (c) — (630) — (264) Non-recurring costs related to regulatory or accounting changes — (15) — (19) Net impact from elimination of international reporting lag (d) — — 4 12 Revenues and pre-tax income $ 20,074 $ 2,324 $ 21,412 $ 2,388 (a) General Insurance North America’s and General Insurance International’s Adjusted pre-tax income does not include Net investment income as the investment portfolio results are managed at the General Insurance level. Net investment income is shown separately as a component of General Insurance’s total Adjusted pre-tax income results. (b) Includes all Net realized gains and losses except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedging or for asset replication and net realized gains and losses on Fortitude Re funds withheld assets held by AIG in support of Fortitude Re’s reinsurance obligations to AIG (Fortitude Re funds withheld assets). (c) In the three and nine months ended September 30, 2024, Restructuring and other costs increased primarily as a result of employee-related costs, including severance, and real estate impairment charges. (d) For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report.

Held-For-Sale Classification _2

Held-For-Sale Classification and Discontinued Operations Presentation (Tables)	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Financial Information Related to Corebridge as an Equity Method Investee	Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Corebridge pre-tax income $ (1,594) $ 2,461 $ (122) $ 2,703 Equity method income (loss) related to Corebridge (based on fair value) $ 11 $ 584 $ 2,094 $ (87)
Financial Information for Assets and Liabilities Held for Sale and Discontinued Operations	The following table summarizes the components of assets and liabilities held-for-sale and assets and liabilities of discontinued operations on the Condensed Consolidated Balance Sheets at September 30, 2024 and December 31, 2023: September 30, 2024 December 31, 2023 (in millions) Assets Assets Corebridge Assets: Investments: Fixed maturity securities: Bonds available for sale, at fair value, net of allowance for credit losses $ — $ 14 $ 166,657 Other bond securities, at fair value — — 4,579 Equity securities, at fair value — — 63 Mortgage and other loans receivable, net of allowance for credit losses — — 46,732 Other invested assets — — 9,916 Short-term investments 11 1 4,346 Total investments 11 15 232,293 Cash 85 — 618 Accrued investment income — — 2,011 Premiums and other receivables, net of allowance for credit losses and disputes 32 9 709 Reinsurance assets - Fortitude Re, net of allowance for credit losses and disputes — — 26,772 Reinsurance assets - other, net of allowance for credit losses and disputes 3 2,519 Deferred income taxes (9) — 8,307 Deferred policy acquisition costs — — 10,782 Market risk benefit assets, at fair value — — 912 Other assets, net of allowance for credit losses (a) 18 3 2,820 Separate account assets, at fair value — — 91,005 Total assets held for sale/assets of discontinued operations $ 137 $ 30 $ 378,748 Liabilities: Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses $ — $ 19 $ — Unearned premiums — 7 65 Future policy benefits — — 57,946 Policyholder contract deposits — — 161,979 Market risk benefit liabilities, at fair value — — 5,705 Other policyholder funds — — 2,862 Fortitude Re funds withheld payable — — 25,957 Other liabilities 78 2 8,790 September 30, 2024 December 31, 2023 (in millions) Assets Assets Corebridge Short-term and long-term debt — — 9,420 Debt of consolidated investment entities — — 2,360 Separate account liabilities — — 91,005 Total liabilities held for sale/liabilities of discontinued operations $ 78 $ 28 $ 366,089 (a) Other assets, net of allowance for credit losses includes goodwill and other intangibles of $116 million and $3 million, respectively, for Corebridge at December 31, 2023. The following table presents the amounts related to the operations of Corebridge that have been reflected in Net income from discontinued operations: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Revenues: Premiums $ — $ 701 $ 2,723 $ 5,249 Policy fees — 702 1,269 2,094 Net investment income — 2,705 5,238 8,125 Net realized gains (losses) — 1,216 (923) (464) Other income — 186 372 561 Total revenues — 5,510 8,679 15,565 Benefits, losses and expenses: Policyholder benefits and losses incurred — 1,106 3,618 6,478 Change in the fair value of market risk benefits, net — (418) (350) (484) Interest credited to policyholder account balances — 1,135 2,184 3,237 Amortization of deferred policy acquisition costs — 268 465 779 General operating and other expenses — 805 1,350 2,317 Interest expense — 143 249 474 Net (gain) loss on divestitures and other — 2 (191) (52) Total benefits, losses and expenses — 3,041 7,325 12,749 Income (loss) from discontinued operations before income tax expense (benefit) and loss on disposal of discontinued operations — 2,469 1,354 2,816 Income tax expense (benefit) — 420 226 341 Income (loss) from discontinued operations, net of income taxes before loss on disposal of discontinued operations — 2,049 1,128 2,475 Loss on disposition of operations, net of tax (24) (3) (4,708) (3) Income (loss) from discontinued operations, net of income taxes (24) 2,046 (3,580) 2,472 Less: Net income (loss) from discontinued operations attributable to noncontrolling interests (2) 720 475 801 Net income (loss) from discontinued operations attributable to AIG $ (22) $ 1,326 $ (4,055) $ 1,671 (in millions) Corebridge retained investment (48.4% 28.90 per share at June 9, 2024) $ 8,502 Retained interest in certain investment entities and other assets 1,195 Net fair value of assets retained 9,697 Corebridge book value at June 9, 2024 12,392 Less: Noncontrolling interests 5,732 Corebridge book value excluding noncontrolling interest 6,660 Gain on sale pre-tax 3,037 Tax expense 507 Subtotal: After tax gain 2,530 Reclassification adjustment of Accumulated other comprehensive loss at June 9, 2024 (7,214) Loss on sale of Corebridge - after-tax $ (4,684)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used: September 30, 2024 Level 1 Level 2 Level 3 Counterparty Netting (a) Cash Total (in millions) Assets: Bonds available for sale: U.S. government and government sponsored entities $ 1 $ 4,513 $ — $ — $ — $ 4,514 Obligations of states, municipalities and political subdivisions — 4,647 4 — — 4,651 Non-U.S. governments 181 8,545 7 — — 8,733 Corporate debt — 32,649 385 — — 33,034 RMBS — 4,324 2,095 — — 6,419 CMBS — 4,024 82 — — 4,106 CLO/ABS — 3,540 983 — — 4,523 Total bonds available for sale 182 62,242 3,556 — — 65,980 Other bond securities: Obligations of states, municipalities and political subdivisions — 52 — — — 52 Non-U.S. governments — 27 — — — 27 Corporate debt — 253 46 — — 299 RMBS — 52 55 — — 107 CMBS — 44 — — — 44 CLO/ABS — 87 147 — — 234 Total other bond securities — 515 248 — — 763 Equity securities 739 15 13 — — 767 Other invested assets (b) 8,143 129 158 — — 8,430 Derivative assets (c) : Interest rate contracts — 305 — — — 305 Foreign exchange contracts — 249 — — — 249 Equity contracts — — 31 — — 31 Credit contracts — — 33 — — 33 Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (276) (241) (517) Total derivative assets — 554 65 (276) (241) 102 Short-term investments 4,969 3,853 — — — 8,822 Other assets (c) — — 129 — — 129 Total (d) $ 14,033 $ 67,308 $ 4,169 $ (276) $ (241) $ 84,993 Liabilities: Derivative liabilities (c) : Interest rate contracts $ — $ 333 $ — $ — $ — $ 333 Foreign exchange contracts — 255 — — — 255 Equity contracts — — 31 — — 31 Credit contracts — — 34 — — 34 Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (276) (209) (485) Total derivative liabilities — 588 66 (276) (209) 169 Fortitude Re funds withheld payable — — — — — — Other liabilities — — 99 — — 99 Total $ — $ 588 $ 165 $ (276) $ (209) $ 268 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 $ 15 $ 4,380 $ — $ — $ — $ 4,395 Obligations of states, municipalities and political subdivisions — 4,830 3 — — 4,833 Non-U.S. governments 233 8,156 7 — — 8,396 Corporate debt — 32,023 323 — — 32,346 RMBS — 4,415 1,792 — — 6,207 CMBS — 4,122 25 — — 4,147 CLO/ABS — 3,629 1,289 — — 4,918 Total bonds available for sale 248 61,555 3,439 — — 65,242 Other bond securities: Obligations of states, municipalities and political subdivisions — 51 — — — 51 Non-U.S. governments — 24 — — — 24 Corporate debt — 210 45 — — 255 RMBS — 42 51 — — 93 CMBS — 33 — — — 33 CLO/ABS — 69 138 — — 207 Total other bond securities — 429 234 — — 663 Equity securities 612 39 14 — — 665 Other invested assets (b) — 155 221 — — 376 Derivative assets (c) : Interest rate contracts — 335 406 — — 741 Foreign exchange contracts — 450 1 — — 451 Equity contracts — 18 48 — — 66 Credit contracts — — 33 — — 33 Other contracts — — 1 — — 1 Counterparty netting and cash collateral — — — (450) (711) (1,161) Total derivative assets — 803 489 (450) (711) 131 Short-term investments 2,613 6,750 — — — 9,363 Other assets (c) — — 243 — — 243 Total (d) $ 3,473 $ 69,731 $ 4,640 $ (450) $ (711) $ 76,683 Liabilities: Derivative liabilities (c) : Interest rate contracts $ — $ 352 $ — $ — $ — $ 352 Foreign exchange contracts — 561 3 — — 564 Credit contracts — 3 33 — — 36 Counterparty netting and cash collateral — — — (450) (249) (699) Total derivative liabilities — 916 36 (450) (249) 253 Fortitude Re funds withheld payable — — (148) — — (148) Other liabilities — 107 122 — — 229 Total $ — $ 1,023 $ 10 $ (450) $ (249) $ 334 (a) Represents netting of derivative exposures covered by qualifying master netting agreements. (b) Excludes investments that are measured at fair value using the net asset value (NAV) per share (or its equivalent), which totaled $3.4 billion and $3.8 billion as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 , includes AIG's ownership interest in Corebridge of $8.1 billion on which AIG elected the fair value option. (c) Presented as part of Other assets and Other liabilities on the Condensed Consolidated Balance Sheets. (d)
Schedule of Assets Measured on a Recurring Basis	The following tables present changes during the three and nine months ended September 30, 2024 and 2023 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at September 30, 2024 and 2023: (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Three Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 4 $ — $ — $ — $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 7 — — — — — — 7 — — Corporate debt 359 (3) 18 4 — — 7 385 — 14 RMBS 2,016 (1) 110 (23) — — (7) 2,095 — 63 CMBS 94 (1) 1 (12) — — — 82 — — CLO/ABS 1,275 (11) 33 (314) — — — 983 — 23 Total bonds available for sale 3,755 (16) 162 (345) — — — 3,556 — 100 Other bond securities: Corporate Debt 44 — — — — — 2 46 2 — RMBS 49 3 — (2) — — 5 55 — — CLO/ABS 145 3 — (1) — — — 147 3 — Total other bond securities 238 6 — (3) — — 7 248 5 — Equity securities 13 1 — 2 — — (3) 13 — — Other invested assets 145 (3) — 5 — — 11 158 — — Other assets 130 — — (1) — — — 129 — — Total $ 4,281 $ (12) $ 162 $ (342) $ — $ — $ 15 $ 4,104 $ 5 $ 100 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (3) $ — $ — $ 3 $ — $ — $ — $ — $ — $ — Equity contracts (35) — — (1) — — 36 — 2 — Credit contracts — 1 — — — — — 1 (1) — Other contracts (1) — — — — — 1 — 1 — Total derivative liabilities, net (a) (39) 1 — 2 — — 37 1 2 — Fortitude Re funds withheld payable (154) 157 — (3) — — — — (153) — Other Liabilities 99 — — — — — — 99 — — Total $ (94) $ 158 $ — $ (1) $ — $ — $ 37 $ 100 $ (151) $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 16 $ (1) $ — $ (11) $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 6 — — (3) — — — 3 — — Corporate debt 418 (2) (12) (63) 30 (16) — 355 — (13) RMBS 1,868 26 (15) (63) — (3) 7 1,820 — (16) CMBS 48 (7) — 6 31 (24) — 54 — (5) CLO/ABS 1,396 (14) 19 (27) — (32) 2 1,344 — (3) Total bonds available for sale 3,752 2 (8) (161) 61 (75) 9 3,580 — (37) Other bond securities: Corporate debt 44 1 — — — — — 45 1 — RMBS 52 — — (2) — — — 50 1 — CLO/ABS 154 (2) — (1) 1 — 1 153 (4) — Total other bond securities 250 (1) — (3) 1 — 1 248 (2) — Equity securities 28 — — (2) — (12) — 14 — — Other invested assets 227 3 — (2) 10 — — 238 3 — Other assets 111 — — 1 — — — 112 — — Total $ 4,368 $ 4 $ (8) $ (167) $ 72 $ (87) $ 10 $ 4,192 $ 1 $ (37) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (339) $ (174) $ — $ (20) $ — $ — $ — $ (533) $ 128 $ — Foreign exchange contracts 2 (1) — 1 — — — 2 — — Equity contracts (399) 178 — 91 — — — (130) (65) — Credit contracts — 1 — (1) — — — — (1) — Other contracts (1) (1) — 1 — — — (1) 1 — Total derivative liabilities, net(a) (737) 3 — 72 — — — (662) 63 — Fortitude Re funds withheld payable (269) (57) — (29) — — — (355) 78 — Other liabilities 98 (6) — — — — — 92 — — Total $ (908) $ (60) $ — $ 43 $ — $ — $ — $ (925) $ 141 $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Nine Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 3 $ — $ — $ 1 $ — $ — $ — $ 4 $ — $ (5) Non-U.S. governments 7 — — — — — — 7 — — Corporate debt 323 (2) 16 (56) 134 (37) 7 385 — 9 RMBS 1,792 46 108 (173) 287 (2) 37 2,095 — 3 CMBS 25 (5) 7 (30) 85 — — 82 — — CLO/ABS 1,289 (23) 65 (380) 44 (12) — 983 — 49 Total bonds available for sale 3,439 16 196 (638) 550 (51) 44 3,556 — 56 Other bond securities: Corporate debt 45 1 — — — — — 46 1 — RMBS 51 3 — (2) — (2) 5 55 2 — CLO/ABS 138 3 — 4 2 — — 147 1 — Total other bond securities 234 7 — 2 2 (2) 5 248 4 — Equity securities 14 1 — 2 — (1) (3) 13 1 — Other invested assets 221 (16) — (34) — (13) — 158 (12) — Other assets 243 — — (114) — — — 129 — — Total $ 4,151 $ 8 $ 196 $ (782) $ 552 $ (67) $ 46 $ 4,104 $ (7) $ 56 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (406) $ 61 $ — $ 345 $ — $ — $ — $ — $ (3) $ — Foreign exchange contracts 2 (2) — — — — — — — — Equity contracts (48) (18) — 30 — — 36 — 10 — Credit contracts — 1 — — — — — 1 (1) — Other contracts (1) (1) — 1 — — 1 — 1 — Total derivative liabilities, net (a) (453) 41 — 376 — — 37 1 7 — Fortitude Re funds withheld payable (148) 158 — (10) — — — — (106) — Other Liabilities 122 (2) — (21) — — — 99 — — Total $ (479) $ 197 $ — $ 345 $ — $ — $ 37 $ 100 $ (99) $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 20 $ (1) $ 1 $ (16) $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 2 — 1 (5) 7 (2) — 3 — 1 Corporate debt 879 (6) 5 (410) 138 (251) — 355 — (9) RMBS 1,884 85 11 (81) — (51) (28) 1,820 — 8 CMBS 207 (29) (1) 7 42 (172) — 54 — (15) CLO/ABS 1,483 (26) 39 (110) 17 (74) 15 1,344 — 1 Total bonds available for sale 4,475 23 56 (615) 204 (550) (13) 3,580 — (14) Other bond securities: Corporate debt — 1 — 44 — — — 45 1 — RMBS 65 2 — (17) — — — 50 (7) — CLO/ABS 158 (1) — (14) 1 (3) 12 153 (30) — Total other bond securities 223 2 — 13 1 (3) 12 248 (36) — Equity securities 13 2 — 2 10 (13) — 14 2 — Other invested assets 244 (4) — (12) 10 — — 238 (7) — Other assets 107 — — 5 — — — 112 — — Total $ 5,062 $ 23 $ 56 $ (607) $ 225 $ (566) $ (1) $ 4,192 $ (41) $ (14) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (311) $ (90) $ — $ (132) $ — $ — $ — $ (533) $ 146 $ — Foreign exchange contracts — 1 — 1 — — — 2 (2) — Equity contracts (271) 109 — 32 — — — (130) (49) — Credit contracts — — — — — — — — (1) — Other contracts (1) (2) — 2 — — — (1) 2 — Total derivative liabilities, net (a) (583) 18 — (97) — — — (662) 96 — Fortitude Re funds withheld payable (41) 25 — (339) — — — (355) 30 — Other liabilities 112 (20) — — — — — 92 — — Total $ (512) $ 23 $ — $ (436) $ — $ — $ — $ (925) $ 126 $ — (a) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. The following table presents the gross components of purchases, sales, issuances and settlements, net, shown above, for the three and nine months ended September 30, 2024 and 2023 related to Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets: (in millions) Purchases Sales Issuances and Settlements (a) Purchases, Sales, Issuances and Settlements, Net (a) Three Months Ended September 30, 2024 Assets: Bonds available for sale: Corporate debt $ 10 $ (4) $ (2) $ 4 RMBS 87 (45) (65) (23) CMBS — (12) — (12) CLO/ABS 270 (563) (21) (314) Total bonds available for sale 367 (624) (88) (345) Other bond securities: RMBS — — (2) (2) CLO/ABS — — (1) (1) Total other bond securities — — (3) (3) Equity securities 2 — — 2 Other invested assets 17 — (12) 5 Other assets — — (1) (1) Total $ 386 $ (624) $ (104) $ (342) Liabilities: Derivative liabilities, net $ — $ — $ 2 $ 2 Fortitude Re funds withheld payable — — (3) (3) Total $ — $ — $ (1) $ (1) Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ — $ (11) $ — $ (11) Non-U.S. governments $ — $ — $ (3) $ (3) Corporate debt 5 — (68) (63) RMBS 18 (6) (75) (63) CMBS — (7) 13 6 CLO/ABS 76 (151) 48 (27) Total bonds available for sale 99 (175) (85) (161) Other bond securities: RMBS — — (2) (2) CLO/ABS — (10) 9 (1) Total other bond securities — (10) 7 (3) Equity securities — (2) — (2) Other invested assets — — (2) (2) Other assets — — 1 1 Total $ 99 $ (187) $ (79) $ (167) Liabilities: Derivative liabilities, net $ (91) $ 3 $ 160 $ 72 Fortitude Re funds withheld payable — — (29) (29) Total $ (91) $ 3 $ 131 $ 43 (in millions) Purchases Sales Issuances and Settlements (a) Purchases, Sales, Issuances and Settlements, Net (a) Nine Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 1 $ — $ — $ 1 Non-U.S. governments 4 — (4) — Corporate debt 21 (7) (70) (56) RMBS 87 (46) (214) (173) CMBS — (12) (18) (30) CLO/ABS 336 (565) (151) (380) Total bonds available for sale 449 (630) (457) (638) Other bond securities: RMBS 3 (1) (4) (2) CLO/ABS 11 — (7) 4 Total other bond securities 14 (1) (11) 2 Equity securities 2 — — 2 Other invested assets 18 — (52) (34) Other assets — — (114) (114) Total $ 483 $ (631) $ (634) $ (782) Liabilities: Derivative liabilities, net $ — $ — $ 376 $ 376 Fortitude Re funds withheld payable — — (10) (10) Other Liabilities — — (21) (21) Total $ — $ — $ 345 $ 345 Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 1 $ (15) $ (2) $ (16) Non-U.S. governments — — (5) (5) Corporate Debt 13 — (423) (410) RMBS 188 (25) (244) (81) CMBS 1 (12) 18 7 CLO/ABS 183 (302) 9 (110) Total bonds available for sale 386 (354) (647) (615) Other bond securities: Corporate debt 20 — 24 44 RMBS — — (17) (17) CLO/ABS 14 (10) (18) (14) Total other bond securities 34 (10) (11) 13 Equity securities 5 (2) (1) 2 Other invested assets 1 — (13) (12) Other assets — — 5 5 Total $ 426 $ (366) $ (667) $ (607) Liabilities: Derivative liabilities, net $ (407) $ 7 $ 303 $ (97) Fortitude Re funds withheld payable — — (339) (339) Total $ (407) $ 7 $ (36) $ (436) (a)
Schedule of Liabilities Measured on a Recurring Basis	The following tables present changes during the three and nine months ended September 30, 2024 and 2023 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at September 30, 2024 and 2023: (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Three Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 4 $ — $ — $ — $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 7 — — — — — — 7 — — Corporate debt 359 (3) 18 4 — — 7 385 — 14 RMBS 2,016 (1) 110 (23) — — (7) 2,095 — 63 CMBS 94 (1) 1 (12) — — — 82 — — CLO/ABS 1,275 (11) 33 (314) — — — 983 — 23 Total bonds available for sale 3,755 (16) 162 (345) — — — 3,556 — 100 Other bond securities: Corporate Debt 44 — — — — — 2 46 2 — RMBS 49 3 — (2) — — 5 55 — — CLO/ABS 145 3 — (1) — — — 147 3 — Total other bond securities 238 6 — (3) — — 7 248 5 — Equity securities 13 1 — 2 — — (3) 13 — — Other invested assets 145 (3) — 5 — — 11 158 — — Other assets 130 — — (1) — — — 129 — — Total $ 4,281 $ (12) $ 162 $ (342) $ — $ — $ 15 $ 4,104 $ 5 $ 100 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (3) $ — $ — $ 3 $ — $ — $ — $ — $ — $ — Equity contracts (35) — — (1) — — 36 — 2 — Credit contracts — 1 — — — — — 1 (1) — Other contracts (1) — — — — — 1 — 1 — Total derivative liabilities, net (a) (39) 1 — 2 — — 37 1 2 — Fortitude Re funds withheld payable (154) 157 — (3) — — — — (153) — Other Liabilities 99 — — — — — — 99 — — Total $ (94) $ 158 $ — $ (1) $ — $ — $ 37 $ 100 $ (151) $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Three Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 16 $ (1) $ — $ (11) $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 6 — — (3) — — — 3 — — Corporate debt 418 (2) (12) (63) 30 (16) — 355 — (13) RMBS 1,868 26 (15) (63) — (3) 7 1,820 — (16) CMBS 48 (7) — 6 31 (24) — 54 — (5) CLO/ABS 1,396 (14) 19 (27) — (32) 2 1,344 — (3) Total bonds available for sale 3,752 2 (8) (161) 61 (75) 9 3,580 — (37) Other bond securities: Corporate debt 44 1 — — — — — 45 1 — RMBS 52 — — (2) — — — 50 1 — CLO/ABS 154 (2) — (1) 1 — 1 153 (4) — Total other bond securities 250 (1) — (3) 1 — 1 248 (2) — Equity securities 28 — — (2) — (12) — 14 — — Other invested assets 227 3 — (2) 10 — — 238 3 — Other assets 111 — — 1 — — — 112 — — Total $ 4,368 $ 4 $ (8) $ (167) $ 72 $ (87) $ 10 $ 4,192 $ 1 $ (37) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (339) $ (174) $ — $ (20) $ — $ — $ — $ (533) $ 128 $ — Foreign exchange contracts 2 (1) — 1 — — — 2 — — Equity contracts (399) 178 — 91 — — — (130) (65) — Credit contracts — 1 — (1) — — — — (1) — Other contracts (1) (1) — 1 — — — (1) 1 — Total derivative liabilities, net(a) (737) 3 — 72 — — — (662) 63 — Fortitude Re funds withheld payable (269) (57) — (29) — — — (355) 78 — Other liabilities 98 (6) — — — — — 92 — — Total $ (908) $ (60) $ — $ 43 $ — $ — $ — $ (925) $ 141 $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Nine Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 3 $ — $ — $ 1 $ — $ — $ — $ 4 $ — $ (5) Non-U.S. governments 7 — — — — — — 7 — — Corporate debt 323 (2) 16 (56) 134 (37) 7 385 — 9 RMBS 1,792 46 108 (173) 287 (2) 37 2,095 — 3 CMBS 25 (5) 7 (30) 85 — — 82 — — CLO/ABS 1,289 (23) 65 (380) 44 (12) — 983 — 49 Total bonds available for sale 3,439 16 196 (638) 550 (51) 44 3,556 — 56 Other bond securities: Corporate debt 45 1 — — — — — 46 1 — RMBS 51 3 — (2) — (2) 5 55 2 — CLO/ABS 138 3 — 4 2 — — 147 1 — Total other bond securities 234 7 — 2 2 (2) 5 248 4 — Equity securities 14 1 — 2 — (1) (3) 13 1 — Other invested assets 221 (16) — (34) — (13) — 158 (12) — Other assets 243 — — (114) — — — 129 — — Total $ 4,151 $ 8 $ 196 $ (782) $ 552 $ (67) $ 46 $ 4,104 $ (7) $ 56 (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (406) $ 61 $ — $ 345 $ — $ — $ — $ — $ (3) $ — Foreign exchange contracts 2 (2) — — — — — — — — Equity contracts (48) (18) — 30 — — 36 — 10 — Credit contracts — 1 — — — — — 1 (1) — Other contracts (1) (1) — 1 — — 1 — 1 — Total derivative liabilities, net (a) (453) 41 — 376 — — 37 1 7 — Fortitude Re funds withheld payable (148) 158 — (10) — — — — (106) — Other Liabilities 122 (2) — (21) — — — 99 — — Total $ (479) $ 197 $ — $ 345 $ — $ — $ 37 $ 100 $ (99) $ — (in millions) Fair Value Net Realized Other Purchases, Gross Gross Other Fair Changes in Changes in Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 20 $ (1) $ 1 $ (16) $ — $ — $ — $ 4 $ — $ — Non-U.S. governments 2 — 1 (5) 7 (2) — 3 — 1 Corporate debt 879 (6) 5 (410) 138 (251) — 355 — (9) RMBS 1,884 85 11 (81) — (51) (28) 1,820 — 8 CMBS 207 (29) (1) 7 42 (172) — 54 — (15) CLO/ABS 1,483 (26) 39 (110) 17 (74) 15 1,344 — 1 Total bonds available for sale 4,475 23 56 (615) 204 (550) (13) 3,580 — (14) Other bond securities: Corporate debt — 1 — 44 — — — 45 1 — RMBS 65 2 — (17) — — — 50 (7) — CLO/ABS 158 (1) — (14) 1 (3) 12 153 (30) — Total other bond securities 223 2 — 13 1 (3) 12 248 (36) — Equity securities 13 2 — 2 10 (13) — 14 2 — Other invested assets 244 (4) — (12) 10 — — 238 (7) — Other assets 107 — — 5 — — — 112 — — Total $ 5,062 $ 23 $ 56 $ (607) $ 225 $ (566) $ (1) $ 4,192 $ (41) $ (14) (in millions) Fair Value Net Other Purchases, Gross Gross Other Fair Changes in Changes in Liabilities: Derivative liabilities, net: Interest rate contracts $ (311) $ (90) $ — $ (132) $ — $ — $ — $ (533) $ 146 $ — Foreign exchange contracts — 1 — 1 — — — 2 (2) — Equity contracts (271) 109 — 32 — — — (130) (49) — Credit contracts — — — — — — — — (1) — Other contracts (1) (2) — 2 — — — (1) 2 — Total derivative liabilities, net (a) (583) 18 — (97) — — — (662) 96 — Fortitude Re funds withheld payable (41) 25 — (339) — — — (355) 30 — Other liabilities 112 (20) — — — — — 92 — — Total $ (512) $ 23 $ — $ (436) $ — $ — $ — $ (925) $ 126 $ — (a) Total Level 3 derivative exposures have been netted in these tables for presentation purposes only. The following table presents the gross components of purchases, sales, issuances and settlements, net, shown above, for the three and nine months ended September 30, 2024 and 2023 related to Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets: (in millions) Purchases Sales Issuances and Settlements (a) Purchases, Sales, Issuances and Settlements, Net (a) Nine Months Ended September 30, 2024 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 1 $ — $ — $ 1 Non-U.S. governments 4 — (4) — Corporate debt 21 (7) (70) (56) RMBS 87 (46) (214) (173) CMBS — (12) (18) (30) CLO/ABS 336 (565) (151) (380) Total bonds available for sale 449 (630) (457) (638) Other bond securities: RMBS 3 (1) (4) (2) CLO/ABS 11 — (7) 4 Total other bond securities 14 (1) (11) 2 Equity securities 2 — — 2 Other invested assets 18 — (52) (34) Other assets — — (114) (114) Total $ 483 $ (631) $ (634) $ (782) Liabilities: Derivative liabilities, net $ — $ — $ 376 $ 376 Fortitude Re funds withheld payable — — (10) (10) Other Liabilities — — (21) (21) Total $ — $ — $ 345 $ 345 Nine Months Ended September 30, 2023 Assets: Bonds available for sale: Obligations of states, municipalities and political subdivisions $ 1 $ (15) $ (2) $ (16) Non-U.S. governments — — (5) (5) Corporate Debt 13 — (423) (410) RMBS 188 (25) (244) (81) CMBS 1 (12) 18 7 CLO/ABS 183 (302) 9 (110) Total bonds available for sale 386 (354) (647) (615) Other bond securities: Corporate debt 20 — 24 44 RMBS — — (17) (17) CLO/ABS 14 (10) (18) (14) Total other bond securities 34 (10) (11) 13 Equity securities 5 (2) (1) 2 Other invested assets 1 — (13) (12) Other assets — — 5 5 Total $ 426 $ (366) $ (667) $ (607) Liabilities: Derivative liabilities, net $ (407) $ 7 $ 303 $ (97) Fortitude Re funds withheld payable — — (339) (339) Total $ (407) $ 7 $ (36) $ (436) (a)
Schedule of Net Realized and Unrealized Gains and Losses Included in Income, Level 3 Assets	Net realized and unrealized gains and losses included in income related to Level 3 assets and liabilities shown above are reported in the Condensed Consolidated Statements of Income (Loss) as follows: (in millions) Net Net Realized Total Three Months Ended September 30, 2024 Assets: Bonds available for sale $ 25 $ (41) $ (16) Other bond securities 6 — 6 Equity securities 1 — 1 Other invested assets (3) — (3) Three Months Ended September 30, 2023 Assets: Bonds available for sale $ 40 $ (38) $ 2 Other bond securities (1) — (1) Other invested assets 4 (1) 3 Nine Months Ended September 30, 2024 Assets: Bonds available for sale $ 65 $ (49) $ 16 Other bond securities 7 — 7 Equity securities 1 — 1 Other invested assets (16) — (16) Nine Months Ended September 30, 2023 Assets: Bonds available for sale $ 77 $ (54) $ 23 Other bond securities 2 — 2 Equity securities 2 — 2 Other invested assets (3) (1) (4) (in millions) Net Net Realized Total Three Months Ended September 30, 2024 Liabilities: Derivative liabilities, net $ — $ 1 $ 1 Fortitude Re funds withheld payable — 157 157 Three Months Ended September 30, 2023 Liabilities: Derivative liabilities, net $ — $ 3 $ 3 Fortitude Re funds withheld payable — (57) (57) Other Liabilities — (6) (6) Nine Months Ended September 30, 2024 Liabilities: Derivative liabilities, net $ — $ 41 $ 41 Fortitude Re funds withheld payable — 158 158 Other Liabilities — (2) (2) Nine Months Ended September 30, 2023 Liabilities: Derivative liabilities, net $ — $ 18 $ 18 Fortitude Re funds withheld payable — 25 25 Other Liabilities — (20) (20)
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. 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 Valuation Unobservable Input (b) Range (Weighted Average) (c) Assets: Obligations of states, municipalities and political subdivisions $ 3 Discounted cash flow Yield 4.60% - 4.82% (4.71%) Corporate debt 128 Discounted cash flow Yield 5.71% - 10.24% (7.98%) RMBS (a) 1,365 Discounted cash flow Constant prepayment rate 4.21% - 8.90% (6.55%) Loss severity 41.59% - 77.42% (59.51%) Constant default rate 0.80% - 2.38% (1.59%) Yield 5.23% - 6.40% (5.81%) CLO/ABS (a) 1,003 Discounted cash flow Yield 3.10% - 7.82% (5.46%) CMBS 19 Discounted cash flow Yield 5.07% - 15.74% (10.41%) (in millions) Fair Value at Valuation Unobservable Input (b) Range (Weighted Average) (c) Assets: Obligations of states, municipalities and political subdivisions $ 3 Discounted cash flow Yield 5.00% - 5.50% (5.23%) Corporate debt 332 Discounted cash flow Yield 5.16% - 9.62% (7.39%) RMBS (a) 1,341 Discounted cash flow Constant prepayment rate 4.43% - 10.30% (7.36%) Loss severity 43.21% - 76.65% (59.93%) Constant default rate 0.82% - 2.64% (1.73%) Yield 6.18% - 7.42% (6.80%) CLO/ABS (a) 1,100 Discounted cash flow Yield 5.31% - 8.56% (6.94%) CMBS 22 Discounted cash flow Yield 9.84% - 17.24% (13.54%) (a) 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. (b) Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities. (c)
Schedule of Net Asset Value Per Share	The following table includes information related to our investments in certain other invested assets, including private equity funds, hedge funds and other alternative investments that calculate net asset value per share (or its equivalent). For these investments, which are measured at fair value on a recurring basis, we use the net asset value per share to measure fair value. September 30, 2024 December 31, 2023 (in millions) Investment Category Includes Fair Value Using NAV Per Share (or its equivalent) Unfunded Commitments Fair Value Using NAV Per Share (or its equivalent) Unfunded Commitments 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 $ 1,219 $ 783 $ 1,171 $ 558 Real assets Investments in real estate properties, agricultural and infrastructure assets, including power plants and other energy producing assets 693 337 870 344 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 102 92 67 50 Growth equity Funds that make investments in established companies for the purpose of growing their businesses 205 — 196 9 Mezzanine Funds that make investments in the junior debt and equity securities of leveraged companies 101 91 140 56 Other Includes distressed funds that invest in securities of companies that are in default or under bankruptcy protection, as well as funds that have multi- strategy, and other strategies 842 165 944 64 Total private equity funds 3,162 1,468 3,388 1,081 Hedge funds: Event-driven Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations 12 — 13 — Long-short Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk 168 — 389 — 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 8 — 9 — Total hedge funds 188 — 411 — Total $ 3,350 $ 1,468 $ 3,799 $ 1,081
Fair Value Option	The following table presents the gains or losses recorded related to the eligible instruments for which we elected the fair value option: Gain (Loss) Three Months Gain (Loss) Nine Months (in millions) 2024 2023 2024 2023 Other bond securities (a) $ 20 $ (5) $ 27 $ 4 Alternative investments (b) 76 41 184 171 Retained investment in Corebridge (c) (35) — 30 — Total gain (loss) $ 61 $ 36 $ 241 $ 175 (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 6. For additional information regarding the funds withheld arrangements with Fortitude Re, see Note 8. (b) Includes certain hedge funds, private equity funds and real estate investments. (c)
Schedule of Fair Values of Financial Instruments not Measured at 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 Carrying (in millions) Level 1 Level 2 Level 3 Total September 30, 2024 Assets: Mortgage and other loans receivable $ — $ 341 $ 3,935 $ 4,276 $ 4,286 Other invested assets — 583 5 588 588 Short-term investments (a) — 3,026 — 3,026 3,026 Cash (b) 1,472 — — 1,472 1,472 Other assets 15 — — 15 15 Liabilities: Fortitude Re funds withheld payable — — 3,477 3,477 3,477 Long-term debt — 9,343 264 9,607 9,892 Debt of consolidated investment entities — — 162 162 162 Estimated Fair Value Carrying (in millions) Level 1 Level 2 Level 3 Total December 31, 2023 Assets: Mortgage and other loans receivable $ — $ 242 $ 4,113 $ 4,355 $ 4,441 Other invested assets — 645 6 651 651 Short-term investments — 3,502 — 3,502 3,502 Cash 1,540 — — 1,540 1,540 Other assets 32 — — 32 32 Liabilities: Fortitude Re funds withheld payable — — 3,675 3,675 3,675 Long-term debt — 9,623 267 9,890 10,375 Debt of consolidated investment entities — — 231 231 231 (a) Excludes $10 million at September 30, 2024 reclassified to Assets held for sale on the Condensed Consolidated Balance Sheets. (b)

Investments (Tables)

Investments (Tables)	9 Months Ended
Investments (Tables)	Sep. 30, 2024
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 and fair value of our available for sale securities: (in millions) Amortized Cost Allowance for Credit Losses (a) Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2024 Bonds available for sale: U.S. government and government sponsored entities $ 4,488 $ — $ 95 $ (69) $ 4,514 Obligations of states, municipalities and political subdivisions 4,661 — 87 (97) 4,651 Non-U.S. governments 9,187 (2) 92 (544) 8,733 Corporate debt 33,903 (25) 808 (1,652) 33,034 Mortgage-backed, asset-backed and collateralized: RMBS 6,462 (6) 256 (293) 6,419 CMBS 4,127 (7) 69 (83) 4,106 CLO/ABS 4,536 — 43 (56) 4,523 Total mortgage-backed, asset-backed and collateralized 15,125 (13) 368 (432) 15,048 Total bonds available for sale (b) $ 67,364 $ (40) $ 1,450 $ (2,794) $ 65,980 December 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 4,444 $ — $ 40 $ (89) $ 4,395 Obligations of states, municipalities and political subdivisions 4,930 — 60 (157) 4,833 Non-U.S. governments 8,973 (1) 94 (670) 8,396 Corporate debt 34,013 (20) 606 (2,253) 32,346 Mortgage-backed, asset-backed and collateralized: RMBS 6,423 (9) 219 (426) 6,207 CMBS 4,326 (4) 23 (198) 4,147 CLO/ABS 5,010 — 31 (123) 4,918 Total mortgage-backed, asset-backed and collateralized 15,759 (13) 273 (747) 15,272 Total bonds available for sale (b) $ 68,119 $ (34) $ 1,073 $ (3,916) $ 65,242 (a) Represents the allowance for credit losses that has been recognized. Changes in the allowance for credit losses are recorded through Net realized gains (losses) and are not recognized in OCI. (b) At September 30, 2024 and December 31, 2023, the fair value of bonds available for sale held by us that were below investment grade or not rated totaled $3.1 billion or 5 percent and $5.2 billion or 8 percent, respectively.
Schedule of Fair Value and Gross Unrealized Loss on Available for Sale Securities	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 Gross Fair Gross Fair Gross September 30, 2024 Bonds available for sale: U.S. government and government sponsored entities $ 533 $ 2 $ 502 $ 67 $ 1,035 $ 69 Obligations of states, municipalities and political subdivisions 1,779 15 25 82 1,804 97 Non-U.S. governments 1,286 34 3,896 507 5,182 541 Corporate debt 10,953 100 7,554 1,533 18,507 1,633 RMBS 2,454 24 443 266 2,897 290 CMBS 1,568 6 121 75 1,689 81 CLO/ABS 1,389 12 45 44 1,434 56 Total bonds available for sale $ 19,962 $ 193 $ 12,586 $ 2,574 $ 32,548 $ 2,767 Less than 12 Months 12 Months or More Total (in millions) Fair Gross Fair Gross Fair Gross December 31, 2023 Bonds available for sale: U.S. government and government sponsored entities $ 1,027 $ 10 $ 804 $ 79 $ 1,831 $ 89 Obligations of states, municipalities and political subdivisions 850 24 1,602 133 2,452 157 Non-U.S. governments 1,431 87 4,503 583 5,934 670 Corporate debt 4,089 171 18,612 2,070 22,701 2,241 RMBS 1,456 114 2,385 300 3,841 414 CMBS 1,024 54 1,622 137 2,646 191 CLO/ABS 1,371 33 1,509 90 2,880 123 Total bonds available for sale $ 11,248 $ 493 $ 31,037 $ 3,392 $ 42,285 $ 3,885
Investments Classified by Contractual Maturity Date	The following table presents the amortized cost and fair value of fixed maturity securities available for sale by contractual maturity: September 30, 2024 Total Fixed Maturity Securities (in millions) Amortized Cost, Fair Value Due in one year or less $ 4,626 $ 4,608 Due after one year through five years 25,918 25,593 Due after five years through ten years 16,595 16,180 Due after ten years 5,073 4,551 Mortgage-backed, asset-backed and collateralized 15,112 15,048 Total $ 67,324 $ 65,980
Realized Gain (Loss) on Investments	The following table presents the gross realized gains and gross realized losses from sales or maturities of our available for sale securities: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 (in millions) Gross Gross Gross Gross Gross Gross Gross Gross Fixed maturity securities $ 11 $ 95 $ 3 $ 159 $ 54 $ 408 $ 121 $ 736 The following table presents the components of Net realized gains (losses): Three Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (66) $ (18) $ (84) $ (152) $ (4) $ (156) Change in allowance for credit losses on fixed maturity securities 1 (1) — (7) — (7) Change in allowance for credit losses on loans (3) (1) (4) (16) 3 (13) Foreign exchange transactions 65 1 66 (30) (5) (35) All other derivatives and hedge accounting 7 (2) 5 (20) 6 (14) Sales of alternative investments (18) — (18) 25 — 25 Other 22 3 25 11 (3) 8 Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative 8 (18) (10) (189) (3) (192) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative — (157) (157) — 57 57 Net realized gains (losses) $ 8 $ (175) $ (167) $ (189) $ 54 $ (135) Nine Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Total Excluding Fortitude Total Sales of fixed maturity securities $ (320) $ (34) $ (354) $ (552) $ (63) $ (615) Change in allowance for credit losses on fixed maturity securities (18) (1) (19) (31) — (31) Change in allowance for credit losses on loans (23) — (23) (23) 2 (21) Foreign exchange transactions 176 (2) 174 125 — 125 All other derivatives and hedge accounting (62) — (62) (133) — (133) Sales of alternative investments (4) (1) (5) 26 — 26 Other 13 — 13 17 (3) 14 Net realized gains (losses) – excluding Fortitude Re funds withheld embedded derivative (238) (38) (276) (571) (64) (635) Net realized losses on Fortitude Re funds withheld embedded derivative — (158) (158) — (25) (25) Net realized gains (losses) $ (238) $ (196) $ (434) $ (571) $ (89) $ (660)
Fair Value of Fixed Maturity Securities Measured at Fair Value Based on Election of the Fair Value Option	The following table presents the fair value of fixed maturity securities measured at fair value based on our election of the fair value option, which are reported in the other bond securities caption in the financial statements, and equity securities measured at fair value: (in millions) September 30, 2024 December 31, 2023 Fair Percent Fair Percent Fixed maturity securities: Obligations of states, municipalities and political subdivisions $ 52 3 % $ 51 4 % Non-U.S. governments 27 2 24 2 Corporate debt 299 20 255 19 Mortgage-backed, asset-backed and collateralized: RMBS 107 7 93 7 CMBS 44 3 33 2 CLO/ABS and other collateralized securities 234 15 207 16 Total mortgage-backed, asset-backed and collateralized 385 25 333 25 Total fixed maturity securities 763 50 663 50 Equity securities 767 50 665 50 Total $ 1,530 100 % $ 1,328 100 %
Schedule of Other Invested Assets	The following table summarizes the carrying amounts of other invested assets: (in millions) September 30, 2024 December 31, 2023 Alternative investments (a) $ 4,334 $ 4,345 Retained investment in Corebridge using fair value option 8,143 — All other investments (b) 1,963 2,023 Total $ 14,440 $ 6,368 (a) At September 30, 2024, includes hedge funds of $187 million and private equity funds of $3.9 billion. At December 31, 2023, included hedge funds of $411 million and private equity funds of $3.7 billion. Private equity funds investments include limited partnerships, direct equities and real estate partnerships. Also includes investments in real estate, net of accumulated depreciation. At September 30, 2024 and December 31, 2023, the accumulated depreciation was $167 million and $161 million, respectively. (b)
Schedule of Net Investment Income	The following table presents the components of Net investment income: Three Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Fortitude Re Total Excluding Fortitude Fortitude Re Total Available for sale fixed maturity securities, including short-term investments $ 746 $ 25 $ 771 $ 731 $ 22 $ 753 Other fixed maturity securities 4 16 20 (1) (4) (5) Equity securities 60 — 60 31 — 31 Interest on mortgage and other loans 52 9 61 73 10 83 Alternative investments (a) 42 — 42 19 — 19 Other investments (b) 63 1 64 43 1 44 Total investment income 967 51 1,018 896 29 925 Investment expenses 45 — 45 69 — 69 Net investment income $ 922 $ 51 $ 973 $ 827 $ 29 $ 856 Nine Months Ended September 30, 2024 2023 (in millions) Excluding Fortitude Fortitude Re Total Excluding Fortitude Fortitude Re Total Available for sale fixed maturity securities, including short-term investments $ 2,234 $ 67 $ 2,301 $ 2,085 $ 72 $ 2,157 Other fixed maturity securities — 27 27 1 3 4 Equity securities 144 — 144 93 — 93 Interest on mortgage and other loans 185 26 211 212 28 240 Alternative investments (a) 129 (1) 128 158 — 158 Other investments (b) 262 4 266 51 3 54 Total investment income 2,954 123 3,077 2,600 106 2,706 Investment expenses 135 — 135 169 — 169 Net investment income $ 2,819 $ 123 $ 2,942 $ 2,431 $ 106 $ 2,537 (a) Includes income from hedge funds, private equity funds and real estate investments. Hedge funds are recorded as of the balance sheet date. Private equity funds are generally reported on a one-quarter lag. (b)
Unrealized Gain (Loss) on Investments	The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available for sale securities and other investments: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Increase (decrease) in unrealized appreciation (depreciation) of investments: Fixed maturity securities $ 1,616 $ (670) $ 1,499 $ 159 Other investments (19) — (58) — Total increase (decrease) in unrealized appreciation (depreciation) of investments* $ 1,597 $ (670) $ 1,441 $ 159 * Excludes net unrealized gains and losses attributable to businesses held for sale or reclassified to discontinued operations at September 30, 2024 and 2023. The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity securities and other investments still held at the reporting date: Three Months Ended September 30, 2024 2023 (in millions) Equities Other Invested Assets* Total Equities Other Invested Assets Total Net gains recognized during the period on equity securities and other investments $ 60 $ 42 $ 102 $ 31 $ 46 $ 77 Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period 8 — 8 12 (8) 4 Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date $ 52 $ 42 $ 94 $ 19 $ 54 $ 73 Nine Months Ended September 30, 2024 2023 (in millions) Equities Other Invested Assets* Total Equities Other Invested Assets Total Net gains recognized during the period on equity securities and other investments $ 144 $ 234 $ 378 $ 93 $ 189 $ 282 Less: Net gains recognized during the period on equity securities and other investments sold during the period 51 24 75 88 1 89 Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date $ 93 $ 210 $ 303 $ 5 $ 188 $ 193 * Includes unrealized gains (losses) on AIG’s ownership interest in Corebridge of $(35) million and $30 million
Rollforward of the Changes in Allowance for Credit Losses on Available for Sale Fixed Maturity Securities	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: Three Months Ended September 30, 2024 2023 (in millions) Structured Non- Total Structured Non- Total Balance, beginning of period $ 6 $ 27 $ 33 $ 7 $ 27 $ 34 Additions: Securities for which allowance for credit losses was not previously recorded 2 — 2 2 19 21 Reductions: Securities sold during the period — — — (1) (6) (7) Addition to (release of) 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 of amortized cost basis 4 (6) (2) 2 (16) (14) Write-offs charged against the allowance — — — — (2) (2) Other — 7 7 1 (3) (2) Balance, end of period $ 12 $ 28 $ 40 $ 11 $ 19 $ 30 Nine Months Ended September 30, 2024 2023 (in millions) Structured Non- Total Structured Non- Total Balance, beginning of year $ 13 $ 21 $ 34 $ 20 $ 17 $ 37 Additions: Securities for which allowance for credit losses was not previously recorded 3 9 12 4 47 51 Reductions: Securities sold during the period — — — (3) (9) (12) Addition to (release of) 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 of amortized cost basis (4) 11 7 (1) (19) (20) Write-offs charged against the allowance — (22) (22) (10) (13) (23) Other — 9 9 1 (4) (3) Balance, end of period $ 12 $ 28 $ 40 $ 11 $ 19 $ 30
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) September 30, 2024 December 31, 2023 Fixed maturity securities available for sale $ — $ 106 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 Agreements (in millions) Overnight up to 31 - 90 91 - 364 365 days Total December 31, 2023 Bonds available for sale: Non-U.S. governments $ — $ 106 $ — $ — $ — $ 106 Corporate debt — — — — — — Total $ — $ 106 $ — $ — $ — $ 106 The following table presents information on the fair value of securities pledged to us under reverse repurchase agreements: (in millions) September 30, 2024 December 31, 2023 Securities collateral pledged to us $ 957 $ 1,200

Lending Activities (Tables)

Lending Activities (Tables)	9 Months Ended
Lending Activities (Tables)	Sep. 30, 2024
Receivables [Abstract]
Composition of Mortgages and Other Loans Receivable	The following table presents the composition of Mortgage and other loans receivable, net: (in millions) September 30, 2024 December 31, 2023 Commercial mortgages (a) $ 3,696 $ 3,836 Life insurance policy loans 6 7 Commercial loans, other loans and notes receivable (b) 751 738 Total mortgage and other loans receivable (c) 4,453 4,581 Allowance for credit losses (c) (d) (167) (140) Mortgage and other loans receivable, net (c) $ 4,286 $ 4,441 (a) Commercial mortgages primarily represent loans for apartments, offices and retail properties, with exposures in California and New York representing the largest geographic concentrations (aggregating approximately 12 percent and 10 percent, respectively, at September 30, 2024 and 13 percent and 10 percent, respectively, at December 31, 2023). (b) There were no loans that were held-for-sale carried at lower of cost or market as of September 30, 2024 and December 31, 2023. (c) Excludes $37.6 billion at both September 30, 2024 and December 31, 2023 of loans receivable from AIG Financial Products Corp. (AIGFP), which has a full allowance for credit losses, recognized upon the deconsolidation of AIGFP. For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report. (d) Does not include allowance for credit losses of $5 million and $9 million, respectively, at September 30, 2024 and December 31, 2023, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities.
Credit Quality	The following table presents debt service coverage ratios (a) for commercial mortgages by year of vintage: September 30, 2024 2024 2023 2022 2021 2020 Prior Total (in millions) >1.2X $ 34 $ 500 $ 246 $ 559 $ 164 $ 1,766 $ 3,269 1.00 - 1.20X 20 10 15 14 — 80 139 <1.00X — — — 32 — 256 288 Total commercial mortgages $ 54 $ 510 $ 261 $ 605 $ 164 $ 2,102 $ 3,696 December 31, 2023 2023 2022 2021 2020 2019 Prior Total (in millions) >1.2X $ 398 $ 167 $ 394 $ 135 $ 156 $ 1,784 $ 3,034 1.00 - 1.20X 5 71 254 56 21 298 705 <1.00X — 11 — — — 86 97 Total commercial mortgages $ 403 $ 249 $ 648 $ 191 $ 177 $ 2,168 $ 3,836 The following table presents loan-to-value ratios (b) for commercial mortgages by year of vintage: September 30, 2024 2024 2023 2022 2021 2020 Prior Total (in millions) Less than 65% $ 34 $ 411 $ 169 $ 493 $ 156 $ 1,368 $ 2,631 65% to 75% 13 42 48 77 — 302 482 76% to 80% — — — 35 — 113 148 Greater than 80% 7 57 44 — 8 319 435 Total commercial mortgages $ 54 $ 510 $ 261 $ 605 $ 164 $ 2,102 $ 3,696 December 31, 2023 2023 2022 2021 2020 2019 Prior Total (in millions) Less than 65% $ 359 $ 159 $ 492 $ 177 $ 156 $ 1,385 $ 2,728 65% to 75% 10 15 137 — 21 367 550 76% to 80% — 32 10 — — — 42 Greater than 80% 34 43 9 14 — 416 516 Total commercial mortgages $ 403 $ 249 $ 648 $ 191 $ 177 $ 2,168 $ 3,836 (a) 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 and 1.8x at September 30, 2024 and December 31, 2023, respectively. The debt service coverage ratios are updated when additional relevant information becomes available. (b) 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 64 percent and 62 percent at September 30, 2024 and December 31, 2023, respectively. 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 supplementary credit quality information related to commercial mortgages: Number Class Percent (dollars in millions) Apartments Offices Retail Industrial Hotel Others Total September 30, 2024 Past Due Status: In good standing 197 $ 1,198 $ 1,057 $ 361 $ 444 $ 272 $ 127 $ 3,459 94 % 90 days or less delinquent 3 — — 36 — — — 36 1 >90 days delinquent or in process of foreclosure 4 — 137 64 — — — 201 5 Total* 204 $ 1,198 $ 1,194 $ 461 $ 444 $ 272 $ 127 $ 3,696 100 % Allowance for credit losses $ 5 $ 102 $ 35 $ 9 $ 13 $ 1 $ 165 4 % Number Class Percent (dollars in millions) Apartments Offices Retail Industrial Hotel Others Total December 31, 2023 Past Due Status: In good standing 211 $ 1,267 $ 1,212 $ 476 $ 460 $ 247 $ 121 $ 3,783 99 % 90 days or less delinquent 1 — 11 — — — — 11 — >90 days delinquent or in process of foreclosure 1 — — 42 — — — 42 1 Total* 213 $ 1,267 $ 1,223 $ 518 $ 460 $ 247 $ 121 $ 3,836 100 % Allowance for credit losses $ 9 $ 75 $ 36 $ 7 $ 9 $ 2 $ 138 4 % *
Allowance for Credit Loss	The following table presents a rollforward of the changes in the allowance for credit losses on Mortgage and other loans receivable (a)(b) : Three Months Ended September 30, 2024 2023 (in millions) Commercial Other Total Commercial Other Total Allowance, beginning of period $ 162 $ 1 $ 163 $ 116 $ 3 $ 119 Addition to (release of) allowance for loan losses 3 1 4 17 — 17 Allowance, end of period $ 165 $ 2 $ 167 $ 133 $ 3 $ 136 Nine Months Ended September 30, 2024 2023 (in millions) Commercial Other Total Commercial Other Total Allowance, beginning of year $ 138 $ 2 $ 140 $ 109 $ 8 $ 117 Loans charged off — — — (2) — (2) Net charge-offs — — — (2) — (2) Addition to (release of) allowance for loan losses 27 — 27 26 (5) 21 Allowance, end of period $ 165 $ 2 $ 167 $ 133 $ 3 $ 136 (a) Does not include allowance for credit losses of $5 million and $9 million at September 30, 2024 and 2023, respectively, in relation to off-balance-sheet commitments to fund commercial mortgage loans, which is recorded in Other liabilities. (b) Excludes $37.6 billion of loan receivable from AIGFP, which has a full allowance for credit losses, recognized upon the deconsolidation of AIGFP.

Reinsurance (Tables)

Reinsurance (Tables)	9 Months Ended
Reinsurance (Tables)	Sep. 30, 2024
Insurance [Abstract]
Summary of Assets Supporting Funds Withheld Arrangements	There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets: September 30, 2024 December 31, 2023 (in millions) Carrying Fair Carrying Fair Corresponding Accounting Policy Fixed maturity securities - available for sale (a) $ 2,148 $ 2,148 $ 2,180 $ 2,180 Fair value through other comprehensive income (loss) Fixed maturity securities - fair value option 749 749 655 655 Fair value through net investment income Commercial mortgage loans 475 456 543 528 Amortized cost Short-term investments 21 21 46 46 Fair value through net investment income Funds withheld investment assets 3,393 3,374 3,424 3,409 Derivative assets, net (b) — — — — Fair value through net realized gains (losses) Other (c) 103 103 118 118 Amortized cost Total $ 3,496 $ 3,477 $ 3,542 $ 3,527 (a) The change in the net unrealized gains (losses) on available for sale securities related to the Fortitude Re funds withheld assets was $31 million ($25 million after-tax) and $(60) million ($(47) million after-tax), respectively for the nine months ended September 30, 2024 and 2023. (b) 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 $3 million and $27 million, respectively, as of September 30, 2024. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $1 million and $28 million, respectively, as of December 31, 2023. These derivative assets and liabilities are fully collateralized either by cash or securities. (c) Primarily comprised of Cash and Accrued investment income.
Summary of the Impact of Funds Withheld Arrangements	The impact of the funds withheld arrangements with Fortitude Re was as follows: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Net investment income - Fortitude Re funds withheld assets $ 51 $ 29 $ 123 $ 106 Net realized gains (losses) on Fortitude Re funds withheld assets: Net realized losses - Fortitude Re funds withheld assets (18) (3) (38) (64) Net realized gains (losses) - Fortitude Re funds withheld embedded derivative (157) 57 (158) (25) Net realized gains (losses) on Fortitude Re funds withheld assets (175) 54 (196) (89) Income (loss) from continuing operations before income tax expense (benefit) (124) 83 (73) 17 Income tax expense (benefit) (a) (26) 18 (15) 4 Net income (loss) (98) 65 (58) 13 Change in unrealized appreciation (depreciation) of all other investments (a) 67 (63) 25 (47) Comprehensive income (loss) $ (31) $ 2 $ (33) $ (34) (a) The income tax expense (benefit) and the tax impact in Accumulated other comprehensive income (loss) (AOCI) was computed using AIG’s U.S. statutory tax rate of 21 percent.
Rollforward of the Reinsurance Recoverable Allowance	The following table presents a rollforward of the reinsurance recoverable allowance: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Balance, beginning of period $ 260 $ 254 $ 255 $ 260 Addition to (release of) allowance for expected credit losses and disputes, net 9 1 9 (3) Write-offs charged against the allowance for credit losses and disputes — — (1) (1) Other changes 3 (1) 9 (2) Balance, end of period $ 272 $ 254 $ 272 $ 254

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	9 Months Ended
Deferred Policy Acquisition Costs (Tables)	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Policy Acquisition Costs	The following table presents a rollforward of DAC: Nine Months Ended September 30, (in millions) 2024 2023 Balance, beginning of year $ 2,117 $ 2,343 Capitalization 2,665 3,319 Amortization expense (2,543) (2,894) Other, including foreign exchange (48) (76) Reclassified to held for sale — (623) Balance, end of period $ 2,191 $ 2,069

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
Variable Interest Entities (Tables)	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets: (in millions) September 30, 2024 December 31, 2023 Assets: Bonds available for sale $ 29 $ 72 Mortgage and other loans receivable — 122 Short-term investments — 5 Accrued investment income 1 2 Other assets 1 1 Total* $ 31 $ 202 Liabilities: Debt of consolidated investment entities $ — $ 38 Total $ — $ 38 * The assets of each VIE can be used only to settle specific obligations of that 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 (c) Off-Balance Total September 30, 2024 Real estate and investment entities (a) $ 361,397 $ 3,677 $ 1,175 (d) $ 4,852 Other (b) 1,027 — 748 (e) 748 Total $ 362,424 $ 3,677 $ 1,923 $ 5,600 December 31, 2023 Real estate and investment entities (a) $ 355,003 $ 4,107 $ 1,492 (d) $ 5,599 Other (b) 1,027 — 748 (e) 748 Total $ 356,030 $ 4,107 $ 2,240 $ 6,347 (a) Comprised primarily of hedge funds and private equity funds. (b) At September 30, 2024 and December 31, 2023, excludes approximately $1,925 million and $1,971 million, respectively, of VIE assets related to AIGFP and its consolidated subsidiaries, with maximum off-balance sheet exposure to loss of $1,894 million and $1,941 million, respectively. For additional information, see Note 1 to the Consolidated Financial Statements in the 2023 Annual Report. (c) At September 30, 2024 and December 31, 2023, $3.7 billion and $4.1 billion, respectively, of our total unconsolidated VIE assets were recorded as Other invested assets. (d) These amounts represent our unfunded commitments to invest in private equity funds and hedge funds. (e)

Derivatives and Hedge Account_2

Derivatives and Hedge Accounting (Tables)	9 Months Ended
Derivatives and Hedge Accounting (Tables)	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condensed Consolidated Balance Sheets: September 30, 2024 December 31, 2023 Gross Derivative Assets Gross Derivative Liabilities Gross Derivative Assets Gross Derivative Liabilities (in millions) Notional Fair Notional Fair Notional Fair Notional Fair Derivatives designated as hedging instruments: (a) Foreign exchange contracts $ 460 $ 56 $ 1,045 $ 106 $ 933 $ 58 $ 1,296 $ 164 Derivatives not designated as hedging instruments: (a) Interest rate contracts 905 305 982 333 14,657 741 1,165 352 Foreign exchange contracts 2,820 193 2,659 149 4,019 393 8,008 400 Equity contracts 45 31 45 31 36,045 66 — — Credit contracts (b) 57 33 218 34 1,804 33 504 36 Other contracts (c) 2,130 1 2,130 1 2,131 1 — — Total derivatives, gross $ 6,417 $ 619 $ 7,079 $ 654 $ 59,589 $ 1,292 $ 10,973 $ 952 Counterparty netting (d) (276) (276) (450) (450) Cash collateral (e) (241) (209) (711) (249) Total derivatives on Condensed Consolidated Balance Sheets (f) $ 102 $ 169 $ 131 $ 253 (a) Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral. (b) As of September 30, 2024 and December 31, 2023, included CDSs on super senior multi-sector CLO with a net notional amount of $53 million and $50 million (fair value liability of $33 million and $32 million, respectively). The net notional amount represents the maximum exposure to loss on the portfolio. (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 derivative s. Derivative instrument assets and liabilities are recorded in Other assets and Other liabilities, respectively. Fair value of assets related to bifurcated embedded derivatives was $3.4 billion at September 30, 2024 and $3.4 billion at December 31, 2023. Fair value of liabilities related to bifurcated embedded derivatives was zero at both September 30, 2024 and December 31, 2023. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets. Embedded derivatives are primarily related to the funds withheld arrangement with Fortitude Re. For additional information, see Note 8.
Schedule of Gain (Loss) Recognized in Income on Derivative Instruments in Fair Value Hedging Relationships	The following table presents the gain (loss) recognized in income on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income (Loss): Gains/(Losses) Recognized in Income for: (in millions) Hedging Derivatives (a) Excluded Components (b) Hedged Net Impact Three Months Ended September 30, 2024 Foreign exchange contracts: Net realized gains/(losses) $ 53 $ 6 $ (53) $ 6 Three Months Ended September 30, 2023 Foreign exchange contracts: Net realized gains/(losses) $ 8 $ (6) $ (8) $ (6) Nine Months Ended September 30, 2024 Foreign exchange contracts: Net realized gains/(losses) $ (62) $ (21) $ 62 $ (21) Nine Months Ended September 30, 2023 Foreign exchange contracts: Net realized gains/(losses) $ (183) $ (8) $ 183 $ (8) (a) Gains and losses on derivative instruments designated and qualifying in fair value hedges that are included in the assessment of hedge effectiveness. (b) 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 income on a mark-to-market basis.
Derivatives Not Designated as Hedging Instruments	The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income (Loss): Gains (Losses) Recognized in Income Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 By Derivative Type: Interest rate contracts $ (1) $ (32) $ (3) $ (34) Foreign exchange contracts 3 369 (62) 243 Equity contracts — 442 — 443 Commodity contracts — (1) — 7 Credit contracts 3 — 3 (1) Other contracts — (792) — (792) Embedded derivatives (157) 57 (158) (25) Total $ (152) $ 43 $ (220) $ (159) By Classification: Net investment income - excluding Fortitude Re funds withheld assets $ — $ — $ — $ — Net investment income - Fortitude Re funds withheld assets — 1 — — Net realized gains (losses) - excluding Fortitude Re funds withheld assets 7 (21) (62) (134) Net realized gains (losses) on Fortitude Re funds withheld assets * (159) 63 (158) (25) Total $ (152) $ 43 $ (220) $ (159) *

Insurance Liabilities (Tables)

Insurance Liabilities (Tables)	9 Months Ended
Insurance Liabilities (Tables)	Sep. 30, 2024
Insurance [Abstract]
Rollforward of Activity in Loss Reserves	The following table presents the rollforward of activity in loss reserves: Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Liability for unpaid loss and loss adjustment expenses, beginning of period $ 69,783 $ 70,284 $ 70,393 $ 75,167 Reinsurance recoverable (29,849) (30,226) (30,289) (32,102) Net Liability for unpaid loss and loss adjustment expenses, beginning of period 39,934 40,058 40,104 43,065 Losses and loss adjustment expenses incurred: Current year 3,749 3,922 10,660 11,651 Prior years, excluding discount and amortization of deferred gain 187 (246) 79 (380) Prior years, discount charge (benefit) 49 52 217 200 Prior years, amortization of deferred gain on retroactive reinsurance (a) (212) 27 (277) (58) Total losses and loss adjustment expenses incurred 3,773 3,755 10,679 11,413 Losses and loss adjustment expenses paid: Current year (1,169) (1,190) (2,310) (2,360) Prior years (2,285) (2,561) (7,739) (9,104) Total losses and loss adjustment expenses paid (3,454) (3,751) (10,049) (11,464) Other changes: Foreign exchange effect 891 (583) 237 (211) Losses and loss adjustment expenses recognized within gain on divestitures — 316 — 316 Retroactive reinsurance adjustment (net of discount) (b) (107) 121 71 180 Dispositions (5) — (5) — Reclassified to held for sale, net of reinsurance recoverables (c) 5 (159) — (3,542) Total other changes 784 (305) 303 (3,257) Liability for unpaid loss and loss adjustment expenses, end of period: Net liability for unpaid losses and loss adjustment expenses 41,037 39,757 41,037 39,757 Reinsurance recoverable (d) 30,029 30,066 30,029 30,066 Total $ 71,066 $ 69,823 $ 71,066 $ 69,823 (a) Includes $3 million and $9 million for the retroactive reinsurance agreement with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc. (Berkshire), covering U.S. asbestos exposures for the three months ended September 30, 2024 and 2023, respectively, and $47 million and $22 million for the nine months ended September 30, 2024 and 2023, respectively. (b) Includes benefit (charge) from change in discount on retroactive reinsurance of $22 million and $24 million for the three months ended September 30, 2024 and 2023 respectively, and $100 million and $120 million for the nine months ended September 30, 2024 and 2023, respectively. (c) Represents change in loss reserves included in Liabilities held for sale for the three months ended September 30, 2024 and 2023. For additional information, see Note 4 . (d)
Schedule of Components of Loss Reserve Discount	The following table presents the components of the loss reserve discount discussed above: (in millions) September 30, 2024 December 31, 2023 U.S. workers' compensation $ 2,206 $ 2,337 Retroactive reinsurance (1,004) (1,104) Total reserve discount (a)(b) $ 1,202 $ 1,233 (a) Excludes $197 million and $196 million of discount related to certain long-tail liabilities in the UK at September 30, 2024 and December 31, 2023, respectively. (b)
Schedule of Loss Reserve Discount	The following table presents the net loss reserve discount benefit (charge): Three Months Ended Nine Months Ended (in millions) 2024 2023 2024 2023 Current accident year $ 20 $ 47 $ 86 $ 115 Accretion and other adjustments to prior year discount (49) (52) (217) (200) Net reserve discount benefit (charge) (29) (5) (131) (85) Change in discount on loss reserves ceded under retroactive reinsurance 22 24 100 120 Net change in total reserve discount* $ (7) $ 19 $ (31) $ 35 *
Schedule of Activity for Future Policy Benefits Liability	The following tables present the balances and changes in the liability for future policy benefits and a reconciliation of the net liability for future policy benefits to the liability for future policy benefits in the Condensed Consolidated Balance Sheets: Nine Months Ended September 30, (in millions, except for liability durations) 2024 2023 Present value of expected net premiums Balance, beginning of year $ 1,702 $ 1,929 Effect of changes in discount rate assumptions (AOCI) 339 262 Beginning balance at original discount rate 2,041 2,191 Effect of actual variances from expected experience (7) (44) Adjusted beginning of year balance 2,034 2,147 Issuances 75 100 Interest accrual 22 22 Net premium collected (268) (160) Foreign exchange impact (87) (62) Other — (63) Ending balance at original discount rate 1,776 1,984 Effect of changes in discount rate assumptions (AOCI) (193) (354) Balance, end of period $ 1,583 $ 1,630 Nine Months Ended September 30, (in millions, except for liability durations) 2024 2023 Present value of expected future policy benefits Balance, beginning of year $ 2,149 $ 2,380 Effect of changes in discount rate assumptions (AOCI) 441 362 Beginning balance at original discount rate 2,590 2,742 Effect of actual variances from expected experience (8) (43) Adjusted beginning of year balance 2,582 2,699 Issuances 79 104 Interest accrual 27 27 Benefit payments (273) (153) Foreign exchange impact (107) (93) Other — (74) Ending balance at original discount rate 2,308 2,510 Effect of changes in discount rate assumptions (AOCI) (264) (461) Balance, end of period $ 2,044 $ 2,049 Net liability for future policy benefits, end of period $ 461 $ 419 Deferred profit liability 1 1 Other reconciling items (a) 1,009 891 Future policy benefits 1,471 1,311 Less: Reinsurance recoverable (813) (712) Net liability for future policy benefits after reinsurance recoverable $ 658 $ 599 Weighted average liability duration of the liability for future policy benefits (b) 9.8 9.5 (a) Other reconciling items primarily include Accident & Health (short-duration) contracts of $776 million and $661 million at September 30, 2024 and 2023, respectively, of certain long-duration contracts that are 100 percent ceded. (b) The weighted average liability durations are calculated as the modified duration using projected future net liability cash flows 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. The following table presents the amount of undiscounted expected future benefit payments and undiscounted and discounted expected gross premiums for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Undiscounted expected future benefits and expense $ 2,820 $ 3,099 Undiscounted expected future gross premiums 3,881 4,275 Discounted expected future gross premiums (at current discount rate) 2,905 2,963 The following table presents the amount of revenue and interest recognized in the Condensed Consolidated Statements of Income (Loss) for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, (in millions) 2024 2023 Gross premiums $ 326 $ 338 Interest accretion $ 5 $ 5 The following table presents the weighted-average interest rate for future policy benefits for nonparticipating contracts: Nine Months Ended September 30, 2024 2023 Weighted-average interest rate, original discount rate 1.83 % 1.84 % Weighted-average interest rate, current discount rate 3.30 % 3.92 %

Equity (Tables)

Equity (Tables)	9 Months Ended
Equity (Tables)	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Rollforward of Common Stock Outstanding	The following table presents a rollforward of outstanding shares: Nine Months Ended September 30, 2024 Common Treasury Common Stock (in millions) Shares, beginning of year 1,906.7 (1,217.9) 688.8 Shares issued — 6.7 6.7 Shares repurchased — (65.2) (65.2) Shares, end of period 1,906.7 (1,276.4) 630.3
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents a rollforward of Accumulated other comprehensive income (loss): (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Balance, June 30, 2024, net of tax $ (38) $ (3,422) $ — $ 22 $ (3,322) $ (805) $ (7,565) Change in unrealized appreciation (depreciation) of investments* 45 1,581 — — — — 1,626 Change in other — 17 — — — — 17 Change in discount rates — — — (12) — — (12) Change in foreign currency translation adjustments — — — — 427 — 427 Change in net actuarial loss — — — — — 2 2 Change in prior service cost — — — — — (1) (1) Change in deferred tax asset (liability) (8) (249) — 58 (13) — (212) Total other comprehensive income 37 1,349 — 46 414 1 1,847 Noncontrolling interests — — — — 4 — 4 Balance, September 30, 2024, net of tax $ (1) $ (2,073) $ — $ 68 $ (2,912) $ (804) $ (5,722) Balance, June 30, 2023, net of tax $ (60) $ (16,655) $ (315) $ 2,067 $ (3,174) $ (845) $ (18,982) Change in unrealized appreciation (depreciation) of investments* (69) (7,025) — — — — (7,094) Change in other (11) 17 — — — — 6 Change in fair value of market risk benefits, net — — (104) — — — (104) Change in discount rates — — — 1,470 — — 1,470 Change in future policy benefits — 173 — — — — 173 Change in foreign currency translation adjustments — — — — (279) — (279) Change in net actuarial loss — — — — — 62 62 Change in prior service cost — — — — — 1 1 Change in deferred tax asset (liability) 14 1,141 23 (323) 10 (18) 847 Total other comprehensive income (loss) (66) (5,694) (81) 1,147 (269) 45 (4,918) Corebridge noncontrolling interests (1) (72) (2) 14 — — (61) Noncontrolling interests (17) (1,760) (29) 387 (13) — (1,432) Balance, September 30, 2023, net of tax $ (110) $ (20,661) $ (369) $ 2,841 $ (3,430) $ (800) $ (22,529) (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Balance, December 31, 2023, net of tax $ (106) $ (10,888) $ (476) $ 1,233 $ (2,979) $ (821) $ (14,037) Change in unrealized appreciation (depreciation) of investments* 98 (729) — — — — (631) Change in other — 13 — — — — 13 Change in fair value of market risk benefits, net — — 130 — — — 130 Change in discount rates — — — 947 — — 947 Change in future policy benefits — (59) — — — — (59) Change in foreign currency translation adjustments — — — — 173 — 173 Change in net actuarial loss — — — — — 19 19 Change in prior service cost — — — — — 2 2 Change in deferred tax asset (liability) (20) (92) (28) (166) (14) (4) (324) Corebridge deconsolidation, net of tax 42 8,513 330 (1,583) (88) — 7,214 Total other comprehensive income 120 7,646 432 (802) 71 17 7,484 Corebridge noncontrolling interests 2 610 33 (105) (3) — 537 Noncontrolling interests 17 (559) (11) 258 1 — (294) Balance, September 30, 2024, net of tax $ (1) $ (2,073) $ — $ 68 $ (2,912) $ (804) $ (5,722) Balance, December 31, 2022, net of tax $ (136) $ (20,675) $ (284) $ 2,459 $ (3,056) $ (924) $ (22,616) Change in unrealized appreciation (depreciation) of investments* 44 (4,412) — — — — (4,368) Change in other (11) (36) — — — — (47) Change in fair value of market risk benefits, net — — (250) — — — (250) Change in discount rates — — — 1,474 — — 1,474 Change in future policy benefits — 210 — — — — 210 Change in foreign currency translation adjustments — — — — (323) — (323) Change in net actuarial loss — — — — — 167 167 Change in prior service cost — — — — — 3 3 Change in deferred tax asset (liability) (9) 798 54 (374) (33) (45) 391 Total other comprehensive income (loss) 24 (3,440) (196) 1,100 (356) 125 (2,743) Corebridge noncontrolling interests 3 2,053 52 (331) (10) (1) 1,766 Noncontrolling interests 1 (1,401) (59) 387 8 — (1,064) Balance, September 30, 2023, net of tax $ (110) $ (20,661) $ (369) $ 2,841 $ (3,430) $ (800) $ (22,529) *
Schedule of Other Comprehensive Income (Loss) Reclassification Adjustments	The following table presents the other comprehensive income (loss) reclassification adjustments for the three and nine months ended September 30, 2024 and 2023 , respectively: (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Three Months Ended September 30, 2024 Unrealized change arising during period $ 45 $ 1,514 $ — $ (12) $ 427 $ (7) $ 1,967 Less: Reclassification adjustments included in net income — (84) — — — (8) (92) Total other comprehensive income (loss), before income tax expense (benefit) 45 1,598 — (12) 427 1 2,059 Less: Income tax expense (benefit) 8 249 — (58) 13 — 212 Total other comprehensive income (loss), net of income tax expense (benefit) $ 37 $ 1,349 $ — $ 46 $ 414 $ 1 $ 1,847 Three Months Ended September 30, 2023 Unrealized change arising during period $ (80) $ (6,998) $ (104) $ 1,470 $ (279) $ 57 $ (5,934) Less: Reclassification adjustments included in net income — (163) — — — (6) (169) Total other comprehensive income (loss), before income tax expense (benefit) (80) (6,835) (104) 1,470 (279) 63 (5,765) Less: Income tax expense (benefit) (14) (1,141) (23) 323 (10) 18 (847) Total other comprehensive income (loss), net of income tax expense (benefit) $ (66) $ (5,694) $ (81) $ 1,147 $ (269) $ 45 $ (4,918) (in millions) Unrealized Unrealized Change in Fair Change in the Foreign Retirement Total Nine Months Ended September 30, 2024 Unrealized change arising during period $ 98 $ (1,129) $ 130 $ 947 $ 173 $ (2) $ 217 Less: Reclassification adjustments included in net income (42) (8,867) (330) 1,583 88 (23) (7,591) Total other comprehensive income (loss), before of income tax expense (benefit) 140 7,738 460 (636) 85 21 7,808 Less: Income tax expense (benefit) 20 92 28 166 14 4 324 Total other comprehensive income (loss), net of income tax expense (benefit) $ 120 $ 7,646 $ 432 $ (802) $ 71 $ 17 $ 7,484 Nine Months Ended September 30, 2023 Unrealized change arising during period $ 10 $ (5,171) $ (250) $ 1,474 $ (323) $ 147 $ (4,113) Less: Reclassification adjustments included in net income (23) (933) — — — (23) (979) Total other comprehensive income (loss), before income tax expense (benefit) 33 (4,238) (250) 1,474 (323) 170 (3,134) Less: Income tax expense (benefit) 9 (798) (54) 374 33 45 (391) Total other comprehensive income (loss), net of income tax expense (benefit) $ 24 $ (3,440) $ (196) $ 1,100 $ (356) $ 125 $ (2,743)
Schedule of Effect of the Reclassification of Significant Items out of Accumulated Other Comprehensive Income on the Respective Line Items in the Consolidated Statements of Income	The following table presents the effect of the reclassification of significant items out of AOCI on the respective line items in the Condensed Consolidated Statements of Income (Loss) (a) : Amount Reclassified from AOCI Affected Line Item in the Three Months Ended September 30, Condensed Consolidated (in millions) 2024 2023 Statements of Income (Loss) Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ — Net realized gains (losses) Total — — Unrealized appreciation (depreciation) of all other investments Investments (84) (163) Net realized gains (losses) Total (84) (163) Change in retirement plan liabilities adjustment Prior-service credit — (1) (b) Actuarial losses (8) (5) (b) Total (8) (6) Total reclassifications for the period $ (92) $ (169) Amount Reclassified from AOCI Affected Line Item in the Nine Months Ended September 30, Condensed Consolidated (in millions) 2024 2023 Statements of Income (Loss) Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken Investments $ — $ (23) Net realized gains (losses) Total — (23) Unrealized appreciation (depreciation) of all other investments Investments (354) (933) Net realized gains (losses) Total (354) (933) Change in retirement plan liabilities adjustment Prior-service credit (1) (2) (b) Actuarial losses (22) (21) (b) Total (23) (23) Corebridge deconsolidation, net of tax (7,214) — (c) Total reclassifications for the period $ (7,591) $ (979) (a) The following items are not reclassified out of AOCI and included in the Condensed Consolidated Statements of Income (Loss) and thus have been excluded from the table: (a) Change in fair value of market risk benefits attributable to changes in our own credit risk and (b) Change in the discount rates used to measure traditional and limited-payment long-duration insurance contracts. (b) These AOCI components are included in the computation of net periodic pension cost. (c)

Earnings Per Common Share (EP_2

Earnings Per Common Share (EPS) (Tables)	9 Months Ended
Earnings Per Common Share (EPS) (Tables)	Sep. 30, 2024
Earnings Per Share [Abstract]
Computation of Basic and Diluted EPS	The following table presents the computation of basic and diluted EPS: Three Months Ended Nine Months Ended (dollars in millions, except per common share data) 2024 2023 2024 2023 Numerator for EPS: Income from continuing operations $ 481 $ 701 $ 1,753 $ 1,879 Less: Preferred stock dividends and preferred stock redemption premiums — 7 22 22 Income attributable to AIG common shareholders from continuing operations 481 694 1,731 1,857 Income (loss) from discontinued operations, net of income tax expense (24) 2,046 (3,580) 2,472 Less: Net income (loss) attributable to noncontrolling interests (2) 720 475 801 Income (loss) from discontinued operations, net of noncontrolling interest (22) 1,326 (4,055) 1,671 Net income (loss) attributable to AIG common shareholders $ 459 $ 2,020 $ (2,324) $ 3,528 Denominator for EPS: Weighted average common shares outstanding - basic 641,621,768 712,598,496 661,691,554 725,579,999 Dilutive common shares 5,743,674 6,128,816 5,663,515 5,453,046 Weighted average common shares outstanding - diluted (a) 647,365,442 718,727,312 667,355,069 731,033,045 Income (loss) per common share attributable to AIG common shareholders: Basic: Income from continuing operations $ 0.75 $ 0.97 $ 2.62 $ 2.56 Income (loss) from discontinued operations $ (0.03) $ 1.86 $ (6.13) $ 2.30 Income (loss) attributable to AIG common shareholders $ 0.72 $ 2.83 $ (3.51) $ 4.86 Diluted: Income from continuing operations $ 0.74 $ 0.97 $ 2.59 $ 2.54 Income (loss) from discontinued operations $ (0.03) $ 1.84 $ (6.07) $ 2.29 Income (loss) attributable to AIG common shareholders $ 0.71 $ 2.81 $ (3.48) $ 4.83 (a)

Basis of Presentation (Details)

Basis of Presentation (Details) $ in Millions	Sep. 30, 2024 USD ($) country	Sep. 27, 2024 USD ($)	Jun. 26, 2024 USD ($)
Debt Instrument [Line Items]
Number of countries in which the entity operates \| country	190
Disposal consideration			$ 600
Revolving Credit Facility \| Syndicated Five Year Facility \| Line of Credit
Debt Instrument [Line Items]
Debt term		5 years
Current borrowing capacity	$ 3,000	$ 3,000

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Millions	3 Months Ended	9 Months Ended
Segment Information - Narrative (Details) $ in Millions	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($) segment
Segment Reporting [Abstract]
Number of operating segments \| segment		2
Severance costs	$ 66	$ 351
Asset impairment		$ 53

Segment Information - Schedule

Segment Information - Schedule of Continuing Operations by Operating Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Adjusted Revenues	$ 6,751	$ 7,267	$ 20,074	$ 21,412
Adjusted Pre-tax Income (Loss)	649	1,100	2,324	2,388
Changes in the fair values of equity securities and AIG's investment in Corebridge	25	31	172	93
Other income (expense) - net	(1)	17	16	40
Loss on extinguishment of debt	0	(21)	(1)	(21)
Net investment income on Fortitude Re funds withheld assets	973	856	2,942	2,537
Net realized gains (losses)	(167)	(135)	(434)	(660)
Net realized losses, adjusted revenues	8	(191)	(232)	(577)
Net realized losses, adjusted pre-tax income (loss)	7	(190)	(234)	(573)
Net gain (loss) on divestitures and other	(8)	101	94	89
Non-operating litigation reserves and settlements, adjusted revenues			0	1
Non-operating litigation reserves and settlements, adjusted pre-tax income (loss)			0	0
(Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements	(126)	75	(66)	112
Net loss reserve discount benefit (charge)	(29)	(5)	(131)	(85)
Pension expense related to lump sum payments to former employees	0	(8)	0	(62)
Integration and transaction costs associated with acquiring or divesting businesses	(22)	(2)	(37)	(10)
Restructuring and other costs	(137)	(49)	(630)	(264)
Non-recurring costs related to regulatory or accounting changes	(4)	(4)	(15)	(19)
Net impact from elimination of international reporting lag, adjusted revenues				4
Net impact from elimination of international reporting lag, adjusted pre-tax income (loss)				12
Fortitude Re funds withheld assets
Segment Reporting Information [Line Items]
Net investment income on Fortitude Re funds withheld assets	51	29	123	106
Net realized gains (losses)	(18)	(3)	(38)	(64)
Fortitude Re funds withheld embedded derivative
Segment Reporting Information [Line Items]
Net realized gains (losses)	(157)	57	(158)	(25)
Total
Segment Reporting Information [Line Items]
Adjusted Revenues	6,843	7,327	20,191	21,834
Adjusted Pre-tax Income (Loss)	1,067	1,089	3,245	3,099
Corporate Reconciling Items And Eliminations
Segment Reporting Information [Line Items]
Adjusted Revenues	123	149	428	429
Adjusted Pre-tax Income (Loss)	(143)	(278)	(499)	(835)
Other Operations before consolidation and eliminations
Segment Reporting Information [Line Items]
Adjusted Revenues	123	171	431	490
Adjusted Pre-tax Income (Loss)	(141)	(271)	(496)	(815)
Consolidation and eliminations
Segment Reporting Information [Line Items]
Adjusted Revenues	0	(22)	(3)	(61)
Adjusted Pre-tax Income (Loss)	(2)	(7)	(3)	(20)
General Insurance \| Reportable Segments
Segment Reporting Information [Line Items]
Adjusted Revenues	6,720	7,178	19,763	21,405
Adjusted Pre-tax Income (Loss)	1,210	1,367	3,744	3,934
General Insurance \| Reportable Segments \| North America - Underwriting income
Segment Reporting Information [Line Items]
Adjusted Revenues	2,638	3,079	7,610	9,254
Adjusted Pre-tax Income (Loss)	37	235	424	886
General Insurance \| Reportable Segments \| International - Underwriting income
Segment Reporting Information [Line Items]
Adjusted Revenues	3,309	3,343	9,872	9,924
Adjusted Pre-tax Income (Loss)	400	376	1,039	821
General Insurance \| Reportable Segments \| Net investment income
Segment Reporting Information [Line Items]
Adjusted Revenues	773	756	2,281	2,227
Adjusted Pre-tax Income (Loss)	$ 773	$ 756	$ 2,281	$ 2,227

Held-For-Sale Classification _3

Held-For-Sale Classification and Discontinued Operations Presentation - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions					3 Months Ended
	Aug. 07, 2024	Jul. 02, 2024	Jun. 09, 2024	Jun. 03, 2024	Mar. 31, 2025	Jun. 30, 2024	Sep. 30, 2024	Aug. 05, 2024	Jun. 26, 2024	Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal consideration									$ 600
Increase in stockholder equity				$ 261
Other investments							$ 14,440			$ 6,368
Corebridge Financial Inc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership (as a percent)			48.40%				48.60%
Corebridge retained investment			$ 8,502			$ 8,500	$ 8,100
Other investments						817
Unsettled receivable						378
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on deconsolidation			4,684			4,700
Accumulated comprehensive loss recognized on deconsolidation			$ 7,214			$ 7,200
Secondary Offering \| Corebridge Financial Inc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Shares sold (in shares)		1,900,000
Share Repurchase Agreement \| Corebridge Financial Inc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gross proceeds from sale of stock	$ 200
Per share repurchase price (in dollars per share)								$ 24.90
Corebridge Financial Inc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Shares sold (in shares)				30,000,000
Ownership (as a percent)			48.40%
Gross proceeds from sale of stock				$ 876
Corebridge Financial Inc \| Stock Purchase Agreement \| Forecast
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Shares sold (in shares)					121,956,256
Shares sold (as a percent)					20%
Gross proceeds from sale of stock					$ 3,800

Held-For-Sale Classification _4

Held-For-Sale Classification and Discontinued Operations Presentation - Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Schedule of Equity Method Investments [Line Items]
Adjusted Pre-tax Income (Loss)	$ 649	$ 1,100	$ 2,324	$ 2,388
Corebridge Financial Inc
Schedule of Equity Method Investments [Line Items]
Adjusted Pre-tax Income (Loss)	(1,594)	2,461	(122)	2,703
Corebridge Financial Inc
Schedule of Equity Method Investments [Line Items]
Equity method income (loss) related to Corebridge (based on fair value)	$ 11	$ 584	$ 2,094	$ (87)

Held-For-Sale Classification _5

Held-For-Sale Classification and Discontinued Operations Presentation - Schedule of Assets and Liabilities Held for Sale and Discontinued Operations (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets and Liabilities Held for Sale
Investments:
Bonds available for sale, at fair value, net of allowance for credit losses	$ 0	$ 14
Other bond securities, at fair value	0	0
Equity securities, at fair value	0	0
Mortgage and other loans receivable, net of allowance for credit losses	0	0
Other invested assets	0	0
Short-term investments	11	1
Total investments	11	15
Cash	85	0
Accrued investment income	0	0
Premiums and other receivables, net of allowance for credit losses and disputes	32	9
Deferred income taxes	(9)	0
Deferred policy acquisition costs	0	0
Market risk benefit assets, at fair value	0	0
Other assets, net of allowance for credit losses	18	3
Separate account assets, at fair value	0	0
Total assets held for sale/assets of discontinued operations	137	30
Liabilities:
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses	0	19
Unearned premiums	0	7
Future policy benefits	0	0
Policyholder contract deposits	0	0
Market risk benefit liabilities, at fair value	0	0
Other policyholder funds	0	0
Fortitude Re funds withheld payable	0	0
Other liabilities	78	2
Short-term and long-term debt	0	0
Debt of consolidated investment entities	0	0
Separate account liabilities	0	0
Total liabilities held for sale/liabilities of discontinued operations	78	28
Assets and Liabilities Held for Sale \| Fortitude RE
Investments:
Reinsurance assets, net of allowance for credit losses and disputes	0	0
Assets and Liabilities Held for Sale \| Excluding Fortitude
Investments:
Reinsurance assets, net of allowance for credit losses and disputes		3
Discontinued Operations
Investments:
Total assets held for sale/assets of discontinued operations	0	378,748
Liabilities:
Total liabilities held for sale/liabilities of discontinued operations	$ 0	366,089
Corebridge Financial Inc \| Discontinued Operations
Investments:
Bonds available for sale, at fair value, net of allowance for credit losses		166,657
Other bond securities, at fair value		4,579
Equity securities, at fair value		63
Mortgage and other loans receivable, net of allowance for credit losses		46,732
Other invested assets		9,916
Short-term investments		4,346
Total investments		232,293
Cash		618
Accrued investment income		2,011
Premiums and other receivables, net of allowance for credit losses and disputes		709
Deferred income taxes		8,307
Deferred policy acquisition costs		10,782
Market risk benefit assets, at fair value		912
Other assets, net of allowance for credit losses		2,820
Separate account assets, at fair value		91,005
Total assets held for sale/assets of discontinued operations		378,748
Liabilities:
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses		0
Unearned premiums		65
Future policy benefits		57,946
Policyholder contract deposits		161,979
Market risk benefit liabilities, at fair value		5,705
Other policyholder funds		2,862
Fortitude Re funds withheld payable		25,957
Other liabilities		8,790
Short-term and long-term debt		9,420
Debt of consolidated investment entities		2,360
Separate account liabilities		91,005
Total liabilities held for sale/liabilities of discontinued operations		366,089
Goodwill		116
Intangible assets		3
Corebridge Financial Inc \| Discontinued Operations \| Fortitude RE
Investments:
Reinsurance assets, net of allowance for credit losses and disputes		26,772
Corebridge Financial Inc \| Discontinued Operations \| Excluding Fortitude
Investments:
Reinsurance assets, net of allowance for credit losses and disputes		$ 2,519

Held-For-Sale Classification _6

Held-For-Sale Classification and Discontinued Operations Presentation - Schedule of Income Statement Line Items of Discontinued Operations (Details) - USD ($) $ in Millions		3 Months Ended			9 Months Ended
	Jun. 09, 2024	Sep. 30, 2024	Jun. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Benefits, losses and expenses:
Income (loss) from discontinued operations, net of income taxes		$ (24)		$ 2,046	$ (3,580)	$ 2,472
Less: Net income (loss) from discontinued operations attributable to noncontrolling interests		(2)		720	475	801
Net income (loss) from discontinued operations attributable to AIG		(22)		1,326	(4,055)	1,671
Other investments		14,440			14,440		$ 6,368
Discontinued Operations
Benefits, losses and expenses:
Loss on disposition of operations, net of tax	$ (4,684)		$ (4,700)
Discontinued Operations \| Corebridge Financial Inc
Revenues:
Premiums		0		701	2,723	5,249
Policy fees		0		702	1,269	2,094
Net investment income		0		2,705	5,238	8,125
Net realized gains (losses)		0		1,216	(923)	(464)
Other income		0		186	372	561
Total revenues		0		5,510	8,679	15,565
Benefits, losses and expenses:
Policyholder benefits and losses incurred		0		1,106	3,618	6,478
Change in the fair value of market risk benefits, net		0		(418)	(350)	(484)
Interest credited to policyholder account balances		0		1,135	2,184	3,237
Amortization of deferred policy acquisition costs		0		268	465	779
General operating and other expenses		0		805	1,350	2,317
Interest expense		0		143	249	474
Net (gain) loss on divestitures and other		0		2	(191)	(52)
Total benefits, losses and expenses		0		3,041	7,325	12,749
Income (loss) from discontinued operations before income tax expense (benefit) and loss on disposal of discontinued operations		0		2,469	1,354	2,816
Income tax expense (benefit)		0		420	226	341
Income (loss) from discontinued operations, net of income taxes before loss on disposal of discontinued operations		0		2,049	1,128	2,475
Loss on disposition of operations, net of tax		(24)		(3)	(4,708)	(3)
Income (loss) from discontinued operations, net of income taxes		(24)		2,046	(3,580)	2,472
Less: Net income (loss) from discontinued operations attributable to noncontrolling interests		(2)		720	475	801
Net income (loss) from discontinued operations attributable to AIG		$ (22)		$ 1,326	$ (4,055)	$ 1,671

Held-For-Sale Classification _7

Held-For-Sale Classification and Discontinued Operations Presentation - Schedule of Corebridge Deconsolidation (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended
	Jun. 09, 2024	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale pre-tax	$ 3,037
Tax expense	507
Subtotal: After tax gain	2,530
Reclassification adjustment of Accumulated other comprehensive loss at June 9, 2024	(7,214)	$ (7,200)
Loss on sale of Corebridge - after-tax	$ (4,684)	(4,700)
Corebridge Financial Inc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership (as a percent)	48.40%		48.60%
Ownership, fair value (in dollars per share)	$ 28.90
Corebridge retained investment (48.4% @28.90 per share at June 9, 2024)	$ 8,502	$ 8,500	$ 8,100
Retained interest in certain investment entities and other assets	1,195
Total	9,697
Corebridge book value at June 9, 2024	12,392		$ 8,143	$ 0
Less: Noncontrolling interests	5,732
Corebridge book value excluding noncontrolling interest	$ 6,660

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)		Sep. 30, 2024	Jun. 30, 2024	Jun. 09, 2024	Dec. 31, 2023
Assets:
Bonds available for sale	[1]	$ 65,980,000,000			$ 65,242,000,000
Other bond securities		763,000,000			663,000,000
Equity securities		767,000,000			665,000,000
Derivative assets		619,000,000			1,292,000,000
Counterparty netting		(276,000,000)			(450,000,000)
Cash Collateral		$ (241,000,000)			$ (711,000,000)
Derivative Asset, Statement of Financial Position [Extensible Enumeration]		Other assets			Other assets
Total derivative assets		$ 102,000,000			$ 131,000,000
Short-term investments	[1]	11,848,000,000			12,865,000,000
Liabilities:
Derivative liabilities		654,000,000			952,000,000
Counterparty netting		(276,000,000)			(450,000,000)
Cash Collateral		$ (209,000,000)			$ (249,000,000)
Derivative Liability, Statement of Financial Position [Extensible Enumeration]		Other Liabilities			Other Liabilities
Total derivative liabilities		$ 169,000,000			$ 253,000,000
Fortitude Re funds withheld payable		(3,477,000,000)			(3,527,000,000)
Fair Value Using NAV Per Share (or its equivalent)		4,334,000,000			4,345,000,000
Corebridge Financial Inc
Assets:
Other invested assets				$ 1,195,000,000
Total				9,697,000,000
Liabilities:
Corebridge retained investment		8,100,000,000	$ 8,500,000,000	$ 8,502,000,000
U.S. government and government sponsored entities
Assets:
Bonds available for sale		4,514,000,000			4,395,000,000
Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		4,651,000,000			4,833,000,000
Non-U.S. governments
Assets:
Bonds available for sale		8,733,000,000			8,396,000,000
Corporate debt
Assets:
Bonds available for sale		33,034,000,000			32,346,000,000
RMBS
Assets:
Bonds available for sale		6,419,000,000			6,207,000,000
CMBS
Assets:
Bonds available for sale		4,106,000,000			4,147,000,000
CLO/ABS
Assets:
Bonds available for sale		4,523,000,000			4,918,000,000
Level 3 \| Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		3,000,000			3,000,000
Level 3 \| Corporate debt
Assets:
Bonds available for sale		128,000,000			332,000,000
Level 3 \| RMBS
Assets:
Bonds available for sale		1,365,000,000			1,341,000,000
Level 3 \| CMBS
Assets:
Bonds available for sale		19,000,000			22,000,000
Fair Value Measured at Net Asset Value Per Share
Liabilities:
Fair Value Using NAV Per Share (or its equivalent)		3,400,000,000			3,800,000,000
Recurring Basis
Assets:
Counterparty netting		(276,000,000)			(450,000,000)
Cash Collateral		(241,000,000)			(711,000,000)
Counterparty netting and cash collateral		(517,000,000)			(1,161,000,000)
Total derivative assets		102,000,000			131,000,000
Short-term investments		8,822,000,000			9,363,000,000
Liabilities:
Counterparty netting		(276,000,000)			(450,000,000)
Cash Collateral		(209,000,000)			(249,000,000)
Counterparty netting and cash collateral		(485,000,000)			(699,000,000)
Total derivative liabilities		169,000,000			253,000,000
Fortitude Re funds withheld payable		0			(148,000,000)
Other liabilities		268,000,000			482,000,000
Recurring Basis \| Levels 1, 2 and 3
Assets:
Bonds available for sale		65,980,000,000			65,242,000,000
Other bond securities		763,000,000			663,000,000
Equity securities		767,000,000			665,000,000
Other invested assets		8,430,000,000			376,000,000
Short-term investments		8,822,000,000			9,363,000,000
Other assets		129,000,000			243,000,000
Total		84,993,000,000			76,683,000,000
Liabilities:
Fortitude Re funds withheld payable		0
Fortitude Re funds withheld payable					(148,000,000)
Other liabilities		99,000,000			229,000,000
Total		268,000,000			334,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Discontinued Operations, Excluding Held-for-Sale
Assets:
Total		1,000,000			15,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Interest rate contracts
Assets:
Derivative assets		305,000,000			741,000,000
Liabilities:
Derivative liabilities		333,000,000			352,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Foreign exchange contracts
Assets:
Derivative assets		249,000,000			451,000,000
Liabilities:
Derivative liabilities		255,000,000			564,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Equity contracts
Assets:
Derivative assets		31,000,000			66,000,000
Liabilities:
Derivative liabilities		31,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Credit contracts
Assets:
Derivative assets		33,000,000			33,000,000
Liabilities:
Derivative liabilities		34,000,000			36,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Other contracts
Assets:
Derivative assets		1,000,000			1,000,000
Liabilities:
Derivative liabilities		1,000,000
Recurring Basis \| Levels 1, 2 and 3 \| U.S. government and government sponsored entities
Assets:
Bonds available for sale		4,514,000,000			4,395,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		4,651,000,000			4,833,000,000
Other bond securities		52,000,000			51,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Non-U.S. governments
Assets:
Bonds available for sale		8,733,000,000			8,396,000,000
Other bond securities		27,000,000			24,000,000
Recurring Basis \| Levels 1, 2 and 3 \| Corporate debt
Assets:
Bonds available for sale		33,034,000,000			32,346,000,000
Other bond securities		299,000,000			255,000,000
Recurring Basis \| Levels 1, 2 and 3 \| RMBS
Assets:
Bonds available for sale		6,419,000,000			6,207,000,000
Other bond securities		107,000,000			93,000,000
Recurring Basis \| Levels 1, 2 and 3 \| CMBS
Assets:
Bonds available for sale		4,106,000,000			4,147,000,000
Other bond securities		44,000,000			33,000,000
Recurring Basis \| Levels 1, 2 and 3 \| CLO/ABS
Assets:
Bonds available for sale		4,523,000,000			4,918,000,000
Other bond securities		234,000,000			207,000,000
Recurring Basis \| Level 1
Assets:
Bonds available for sale		182,000,000			248,000,000
Other bond securities		0			0
Equity securities		739,000,000			612,000,000
Other invested assets		8,143,000,000			0
Derivative assets		0			0
Short-term investments		4,969,000,000			2,613,000,000
Other assets		0			0
Total		14,033,000,000			3,473,000,000
Liabilities:
Derivative liabilities		0			0
Fortitude Re funds withheld payable		0
Fortitude Re funds withheld payable					0
Other liabilities		0			0
Total		0			0
Recurring Basis \| Level 1 \| Interest rate contracts
Assets:
Derivative assets		0			0
Liabilities:
Derivative liabilities		0			0
Recurring Basis \| Level 1 \| Foreign exchange contracts
Assets:
Derivative assets		0			0
Liabilities:
Derivative liabilities		0			0
Recurring Basis \| Level 1 \| Equity contracts
Assets:
Derivative assets		0			0
Recurring Basis \| Level 1 \| Credit contracts
Assets:
Derivative assets		0			0
Liabilities:
Derivative liabilities		0			0
Recurring Basis \| Level 1 \| Other contracts
Assets:
Derivative assets		0			0
Recurring Basis \| Level 1 \| U.S. government and government sponsored entities
Assets:
Bonds available for sale		1,000,000			15,000,000
Recurring Basis \| Level 1 \| Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		0			0
Other bond securities		0			0
Recurring Basis \| Level 1 \| Non-U.S. governments
Assets:
Bonds available for sale		181,000,000			233,000,000
Other bond securities		0			0
Recurring Basis \| Level 1 \| Corporate debt
Assets:
Bonds available for sale		0			0
Other bond securities		0			0
Recurring Basis \| Level 1 \| RMBS
Assets:
Bonds available for sale		0			0
Other bond securities		0			0
Recurring Basis \| Level 1 \| CMBS
Assets:
Bonds available for sale		0			0
Other bond securities		0			0
Recurring Basis \| Level 1 \| CLO/ABS
Assets:
Bonds available for sale		0			0
Other bond securities		0			0
Recurring Basis \| Level 2
Assets:
Bonds available for sale		62,242,000,000			61,555,000,000
Other bond securities		515,000,000			429,000,000
Equity securities		15,000,000			39,000,000
Other invested assets		129,000,000			155,000,000
Derivative assets		554,000,000			803,000,000
Short-term investments		3,853,000,000			6,750,000,000
Other assets		0			0
Total		67,308,000,000			69,731,000,000
Liabilities:
Derivative liabilities		588,000,000			916,000,000
Fortitude Re funds withheld payable		0
Fortitude Re funds withheld payable					0
Other liabilities		0			107,000,000
Total		588,000,000			1,023,000,000
Recurring Basis \| Level 2 \| Interest rate contracts
Assets:
Derivative assets		305,000,000			335,000,000
Liabilities:
Derivative liabilities		333,000,000			352,000,000
Recurring Basis \| Level 2 \| Foreign exchange contracts
Assets:
Derivative assets		249,000,000			450,000,000
Liabilities:
Derivative liabilities		255,000,000			561,000,000
Recurring Basis \| Level 2 \| Equity contracts
Assets:
Derivative assets		0			18,000,000
Recurring Basis \| Level 2 \| Credit contracts
Assets:
Derivative assets		0			0
Liabilities:
Derivative liabilities		0			3,000,000
Recurring Basis \| Level 2 \| Other contracts
Assets:
Derivative assets		0			0
Recurring Basis \| Level 2 \| U.S. government and government sponsored entities
Assets:
Bonds available for sale		4,513,000,000			4,380,000,000
Recurring Basis \| Level 2 \| Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		4,647,000,000			4,830,000,000
Other bond securities		52,000,000			51,000,000
Recurring Basis \| Level 2 \| Non-U.S. governments
Assets:
Bonds available for sale		8,545,000,000			8,156,000,000
Other bond securities		27,000,000			24,000,000
Recurring Basis \| Level 2 \| Corporate debt
Assets:
Bonds available for sale		32,649,000,000			32,023,000,000
Other bond securities		253,000,000			210,000,000
Recurring Basis \| Level 2 \| RMBS
Assets:
Bonds available for sale		4,324,000,000			4,415,000,000
Other bond securities		52,000,000			42,000,000
Recurring Basis \| Level 2 \| CMBS
Assets:
Bonds available for sale		4,024,000,000			4,122,000,000
Other bond securities		44,000,000			33,000,000
Recurring Basis \| Level 2 \| CLO/ABS
Assets:
Bonds available for sale		3,540,000,000			3,629,000,000
Other bond securities		87,000,000			69,000,000
Recurring Basis \| Level 3
Assets:
Bonds available for sale		3,556,000,000			3,439,000,000
Other bond securities		248,000,000			234,000,000
Equity securities		13,000,000			14,000,000
Other invested assets		158,000,000			221,000,000
Derivative assets		65,000,000			489,000,000
Short-term investments		0			0
Other assets		129,000,000			243,000,000
Total		4,169,000,000			4,640,000,000
Liabilities:
Derivative liabilities		66,000,000			36,000,000
Fortitude Re funds withheld payable		0
Fortitude Re funds withheld payable					(148,000,000)
Other liabilities		99,000,000			122,000,000
Total		165,000,000			10,000,000
Recurring Basis \| Level 3 \| Interest rate contracts
Assets:
Derivative assets		0			406,000,000
Liabilities:
Derivative liabilities		0			0
Recurring Basis \| Level 3 \| Foreign exchange contracts
Assets:
Derivative assets		0			1,000,000
Liabilities:
Derivative liabilities		0			3,000,000
Recurring Basis \| Level 3 \| Equity contracts
Assets:
Derivative assets		31,000,000			48,000,000
Liabilities:
Derivative liabilities		31,000,000
Recurring Basis \| Level 3 \| Credit contracts
Assets:
Derivative assets		33,000,000			33,000,000
Liabilities:
Derivative liabilities		34,000,000			33,000,000
Recurring Basis \| Level 3 \| Other contracts
Assets:
Derivative assets		1,000,000			1,000,000
Liabilities:
Derivative liabilities		1,000,000
Recurring Basis \| Level 3 \| U.S. government and government sponsored entities
Assets:
Bonds available for sale		0			0
Recurring Basis \| Level 3 \| Obligations of states, municipalities and political subdivisions
Assets:
Bonds available for sale		4,000,000			3,000,000
Other bond securities		0			0
Recurring Basis \| Level 3 \| Non-U.S. governments
Assets:
Bonds available for sale		7,000,000			7,000,000
Other bond securities		0			0
Recurring Basis \| Level 3 \| Corporate debt
Assets:
Bonds available for sale		385,000,000			323,000,000
Other bond securities		46,000,000			45,000,000
Recurring Basis \| Level 3 \| RMBS
Assets:
Bonds available for sale		2,095,000,000			1,792,000,000
Other bond securities		55,000,000			51,000,000
Recurring Basis \| Level 3 \| CMBS
Assets:
Bonds available for sale		82,000,000			25,000,000
Other bond securities		0			0
Recurring Basis \| Level 3 \| CLO/ABS
Assets:
Bonds available for sale		983,000,000			1,289,000,000
Other bond securities		$ 147,000,000			$ 138,000,000

[1] See Note 10 for details of balances associated with variable interest entities.

Fair Value Measurements - Chang

Fair Value Measurements - Changes in Level 3 Recurring Fair Value Measurements, Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	$ 4,281	$ 4,368	$ 4,151	$ 5,062
Net Realized and Unrealized Gains (Losses) Included in Income	(12)	4	8	23
Other Comprehensive Income (Loss)	162	(8)	196	56
Purchases, Sales, Issuances and Settlements, Net	(342)	(167)	(782)	(607)
Gross Transfers In	0	72	552	225
Gross Transfers Out	0	(87)	(67)	(566)
Other	15	10	46	(1)
Fair Value End of Period	4,104	4,192	4,104	4,192
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	5	1	(7)	(41)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 100	$ (37)	$ 56	$ (14)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Adjusted Revenues	Adjusted Revenues	Adjusted Revenues	Adjusted Revenues
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)	Other comprehensive income (loss)	Other comprehensive income (loss)
Fair Value Beginning of Year	$ 100	$ (925)	$ 100	$ (925)	$ (94)	$ (479)	$ (908)	$ (512)
Net realized gains/(losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)
Bonds available for sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	$ 3,755	$ 3,752	$ 3,439	$ 4,475
Net Realized and Unrealized Gains (Losses) Included in Income	(16)	2	16	23
Other Comprehensive Income (Loss)	162	(8)	196	56
Purchases, Sales, Issuances and Settlements, Net	(345)	(161)	(638)	(615)
Gross Transfers In	0	61	550	204
Gross Transfers Out	0	(75)	(51)	(550)
Other	0	9	44	(13)
Fair Value End of Period	3,556	3,580	3,556	3,580
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	100	(37)	56	(14)
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 Period	4	16	3	20
Net Realized and Unrealized Gains (Losses) Included in Income	0	(1)	0	(1)
Other Comprehensive Income (Loss)	0	0	0	1
Purchases, Sales, Issuances and Settlements, Net	0	(11)	1	(16)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	4	4	4	4
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	(5)	0
Bonds available for sale \| Non-U.S. governments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	7	6	7	2
Net Realized and Unrealized Gains (Losses) Included in Income	0	0	0	0
Other Comprehensive Income (Loss)	0	0	0	1
Purchases, Sales, Issuances and Settlements, Net	0	(3)	0	(5)
Gross Transfers In	0	0	0	7
Gross Transfers Out	0	0	0	(2)
Other	0	0	0	0
Fair Value End of Period	7	3	7	3
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	1
Bonds available for sale \| Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	359	418	323	879
Net Realized and Unrealized Gains (Losses) Included in Income	(3)	(2)	(2)	(6)
Other Comprehensive Income (Loss)	18	(12)	16	5
Purchases, Sales, Issuances and Settlements, Net	4	(63)	(56)	(410)
Gross Transfers In	0	30	134	138
Gross Transfers Out	0	(16)	(37)	(251)
Other	7	0	7	0
Fair Value End of Period	385	355	385	355
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	14	(13)	9	(9)
Bonds available for sale \| RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	2,016	1,868	1,792	1,884
Net Realized and Unrealized Gains (Losses) Included in Income	(1)	26	46	85
Other Comprehensive Income (Loss)	110	(15)	108	11
Purchases, Sales, Issuances and Settlements, Net	(23)	(63)	(173)	(81)
Gross Transfers In	0	0	287	0
Gross Transfers Out	0	(3)	(2)	(51)
Other	(7)	7	37	(28)
Fair Value End of Period	2,095	1,820	2,095	1,820
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	63	(16)	3	8
Bonds available for sale \| CMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	94	48	25	207
Net Realized and Unrealized Gains (Losses) Included in Income	(1)	(7)	(5)	(29)
Other Comprehensive Income (Loss)	1	0	7	(1)
Purchases, Sales, Issuances and Settlements, Net	(12)	6	(30)	7
Gross Transfers In	0	31	85	42
Gross Transfers Out	0	(24)	0	(172)
Other	0	0	0	0
Fair Value End of Period	82	54	82	54
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	(5)	0	(15)
Bonds available for sale \| CLO/ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	1,275	1,396	1,289	1,483
Net Realized and Unrealized Gains (Losses) Included in Income	(11)	(14)	(23)	(26)
Other Comprehensive Income (Loss)	33	19	65	39
Purchases, Sales, Issuances and Settlements, Net	(314)	(27)	(380)	(110)
Gross Transfers In	0	0	44	17
Gross Transfers Out	0	(32)	(12)	(74)
Other	0	2	0	15
Fair Value End of Period	983	1,344	983	1,344
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	23	(3)	49	1
Other bond securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	238	250	234	223
Net Realized and Unrealized Gains (Losses) Included in Income	6	(1)	7	2
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(3)	(3)	2	13
Gross Transfers In	0	1	2	1
Gross Transfers Out	0	0	(2)	(3)
Other	7	1	5	12
Fair Value End of Period	248	248	248	248
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	5	(2)	4	(36)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities \| Corporate debt
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	44	44	45	0
Net Realized and Unrealized Gains (Losses) Included in Income	0	1	1	1
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0	0	44
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	2	0	0	0
Fair Value End of Period	46	45	46	45
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	2	1	1	1
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities \| RMBS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	49	52	51	65
Net Realized and Unrealized Gains (Losses) Included in Income	3	0	3	2
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(2)	(2)	(2)	(17)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	(2)	0
Other	5	0	5	0
Fair Value End of Period	55	50	55	50
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	1	2	(7)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other bond securities \| CLO/ABS
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	145	154	138	158
Net Realized and Unrealized Gains (Losses) Included in Income	3	(2)	3	(1)
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(1)	(1)	4	(14)
Gross Transfers In	0	1	2	1
Gross Transfers Out	0	0	0	(3)
Other	0	1	0	12
Fair Value End of Period	147	153	147	153
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	3	(4)	1	(30)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Equity securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	13	28	14	13
Net Realized and Unrealized Gains (Losses) Included in Income	1	0	1	2
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	2	(2)	2	2
Gross Transfers In	0	0	0	10
Gross Transfers Out	0	(12)	(1)	(13)
Other	(3)	0	(3)	0
Fair Value End of Period	13	14	13	14
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	1	2
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other invested assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	145	227	221	244
Net Realized and Unrealized Gains (Losses) Included in Income	(3)	3	(16)	(4)
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	5	(2)	(34)	(12)
Gross Transfers In	0	10	0	10
Gross Transfers Out	0	0	(13)	0
Other	11	0	0	0
Fair Value End of Period	158	238	158	238
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	3	(12)	(7)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value Beginning of Period	130	111	243	107
Net Realized and Unrealized Gains (Losses) Included in Income	0	0	0	0
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(1)	1	(114)	5
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	129	112	129	112
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements - Cha_2

Fair Value Measurements - Changes in Level 3 Recurring Fair Value Measurements, Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Derivative liabilities, net:
Fair Value Beginning of Year	$ 100	$ (925)	$ 100	$ (925)	$ (94)	$ (479)	$ (908)	$ (512)
Net Realized and Unrealized (Gains) Losses Included in Income	158	(60)	197	23
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(1)	43	345	(436)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	37	0	37	0
Fair Value End of Period	100	(925)	100	(925)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(151)	141	(99)	126
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	$ 0	$ 0	$ 0
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Adjusted Revenues	Adjusted Revenues	Adjusted Revenues	Adjusted Revenues
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other comprehensive income (loss)	Other comprehensive income (loss)	Other comprehensive income (loss)	Other comprehensive income (loss)
Net realized gains/(losses)
Derivative liabilities, net:
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)
Derivative liabilities, net
Derivative liabilities, net:
Fair Value Beginning of Year	$ (39)	$ (737)	$ (453)	$ (583)
Net Realized and Unrealized (Gains) Losses Included in Income	1	3	41	18
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	2	72	376	(97)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	37	0	37	0
Fair Value End of Period	1	(662)	1	(662)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	2	63	7	96
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Net Realized and Unrealized (Gains) Losses Included in Income	1	3	41	18
Interest rate contracts
Derivative liabilities, net:
Fair Value Beginning of Year	(3)	(339)	(406)	(311)
Net Realized and Unrealized (Gains) Losses Included in Income	0	(174)	61	(90)
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	3	(20)	345	(132)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	0	(533)	0	(533)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	128	(3)	146
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Foreign exchange contracts
Derivative liabilities, net:
Fair Value Beginning of Year		2	2	0
Net Realized and Unrealized (Gains) Losses Included in Income		(1)	(2)	1
Other Comprehensive Income (Loss)		0	0	0
Purchases, Sales, Issuances and Settlements, Net		1	0	1
Gross Transfers In		0	0	0
Gross Transfers Out		0	0	0
Other		0	0	0
Fair Value End of Period	0	2	0	2
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period		0	0	(2)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period		0	0	0
Equity contracts
Derivative liabilities, net:
Fair Value Beginning of Year	(35)	(399)	(48)	(271)
Net Realized and Unrealized (Gains) Losses Included in Income	0	178	(18)	109
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(1)	91	30	32
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	36	0	36	0
Fair Value End of Period	0	(130)	0	(130)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	2	(65)	10	(49)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Credit contracts
Derivative liabilities, net:
Fair Value Beginning of Year	0	0	0	0
Net Realized and Unrealized (Gains) Losses Included in Income	1	1	1	0
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	(1)	0	0
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	1	0	1	0
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(1)	(1)	(1)	(1)
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other contracts
Derivative liabilities, net:
Fair Value Beginning of Year	(1)	(1)	(1)	(1)
Net Realized and Unrealized (Gains) Losses Included in Income	0	(1)	(1)	(2)
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	1	1	2
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	1	0	1	0
Fair Value End of Period	0	(1)	0	(1)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	1	1	1	2
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Fortitude Re funds withheld payable
Derivative liabilities, net:
Fair Value Beginning of Year	0	(355)	0	(355)	(154)	(148)	(269)	(41)
Net Realized and Unrealized (Gains) Losses Included in Income	157	(57)	158	25
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	(3)	(29)	(10)	(339)
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	0	(355)	0	(355)
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	(153)	78	(106)	30
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	0	0	0	0
Other Liabilities
Derivative liabilities, net:
Fair Value Beginning of Year	99	92	99	92	$ 99	$ 122	$ 98	$ 112
Net Realized and Unrealized (Gains) Losses Included in Income	0	(6)	(2)	(20)
Other Comprehensive Income (Loss)	0	0	0	0
Purchases, Sales, Issuances and Settlements, Net	0	0	(21)	0
Gross Transfers In	0	0	0	0
Gross Transfers Out	0	0	0	0
Other	0	0	0	0
Fair Value End of Period	99	92	99	92
Changes in Unrealized Gains (Losses) Included in Income on Instruments Held at End of Period	0	0	0	0
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements - Net R

Fair Value Measurements - Net Realized and Unrealized Gains and Losses Included in Income Related to Level 3 Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ (12)	$ 4	$ 8	$ 23
Net realized gains (losses), liabilities	$ 158	$ (60)	$ 197	$ 23
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Adjusted Revenues	Adjusted Revenues	Adjusted Revenues	Adjusted Revenues
Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	$ 1	$ 3	$ 41	$ 18
Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	157	(57)	158	25
Other Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	(6)	(2)	(20)
Bonds available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(16)	2	16	23
Other bond securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	6	(1)	7	2
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	1	0	1	2
Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ (3)	$ 3	$ (16)	$ (4)
Net Investment Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Investment Income	Net Investment Income	Net Investment Income	Net Investment Income
Net Investment Income \| Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	$ 0	$ 0	$ 0	$ 0
Net Investment Income \| Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	0	0	0	0
Net Investment Income \| Other Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		0	0	0
Net Investment Income \| Bonds available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	25	40	65	77
Net Investment Income \| Other bond securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	6	(1)	7	2
Net Investment Income \| Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	1		1	2
Net Investment Income \| Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(3)	4	(16)	(3)
Net Realized Gains (Losses) \| Derivative liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	1	3	41	18
Net Realized Gains (Losses) \| Fortitude Re funds withheld payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities	157	(57)	158	25
Net Realized Gains (Losses) \| Other Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), liabilities		(6)	(2)	(20)
Net Realized Gains (Losses) \| Bonds available for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	(41)	(38)	(49)	(54)
Net Realized Gains (Losses) \| Other bond securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0	0	0	0
Net Realized Gains (Losses) \| Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	0		0	0
Net Realized Gains (Losses) \| Other invested assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net realized gains (losses), assets	$ 0	$ (1)	$ 0	$ (1)

Fair Value Measurements - Gross

Fair Value Measurements - Gross Components of Purchases, Sales, Issuances and Settlements (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Assets:
Purchases	$ 386,000,000	$ 99,000,000	$ 483,000,000	$ 426,000,000
Sales	(624,000,000)	(187,000,000)	(631,000,000)	(366,000,000)
Issuances and Settlements	(104,000,000)	(79,000,000)	(634,000,000)	(667,000,000)
Purchases, Sales, Issuances and Settlements, Net	(342,000,000)	(167,000,000)	(782,000,000)	(607,000,000)
Liabilities:
Purchases	0	(91,000,000)	0	(407,000,000)
Sales	0	3,000,000	0	7,000,000
Issuances and Settlements	(1,000,000)	131,000,000	345,000,000	(36,000,000)
Purchases, Sales, Issuances and Settlements, Net	(1,000,000)	43,000,000	345,000,000	(436,000,000)
Issuances, assets	0	0
Issuances, liabilities			0	0
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period	0	(5,000,000)	(27,000,000)	(4,000,000)
Transfers out Level 3 at end of reporting period, net gains (losses) included in realized and unrealized gains and losses related to Level 3 for the period	0	0	1,000,000	(9,000,000)
Derivative liabilities, net
Liabilities:
Purchases	0	(91,000,000)	0	(407,000,000)
Sales	0	3,000,000	0	7,000,000
Issuances and Settlements	2,000,000	160,000,000	376,000,000	303,000,000
Purchases, Sales, Issuances and Settlements, Net	2,000,000	72,000,000	376,000,000	(97,000,000)
Fortitude Re funds withheld payable
Liabilities:
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances and Settlements	(3,000,000)	(29,000,000)	(10,000,000)	(339,000,000)
Purchases, Sales, Issuances and Settlements, Net	(3,000,000)	(29,000,000)	(10,000,000)	(339,000,000)
Other Liabilities
Liabilities:
Purchases			0
Sales			0
Issuances and Settlements			(21,000,000)
Purchases, Sales, Issuances and Settlements, Net	0	0	(21,000,000)	0
Bonds available for sale
Assets:
Purchases	367,000,000	99,000,000	449,000,000	386,000,000
Sales	(624,000,000)	(175,000,000)	(630,000,000)	(354,000,000)
Issuances and Settlements	(88,000,000)	(85,000,000)	(457,000,000)	(647,000,000)
Purchases, Sales, Issuances and Settlements, Net	(345,000,000)	(161,000,000)	(638,000,000)	(615,000,000)
Bonds available for sale \| Obligations of states, municipalities and political subdivisions
Assets:
Purchases		0	1,000,000	1,000,000
Sales		(11,000,000)	0	(15,000,000)
Issuances and Settlements		0	0	(2,000,000)
Purchases, Sales, Issuances and Settlements, Net	0	(11,000,000)	1,000,000	(16,000,000)
Bonds available for sale \| Non-U.S. governments
Assets:
Purchases		0	4,000,000	0
Sales		0	0	0
Issuances and Settlements		(3,000,000)	(4,000,000)	(5,000,000)
Purchases, Sales, Issuances and Settlements, Net		(3,000,000)	0	(5,000,000)
Bonds available for sale \| Corporate debt
Assets:
Purchases	10,000,000	5,000,000	21,000,000	13,000,000
Sales	(4,000,000)	0	(7,000,000)	0
Issuances and Settlements	(2,000,000)	(68,000,000)	(70,000,000)	(423,000,000)
Purchases, Sales, Issuances and Settlements, Net	4,000,000	(63,000,000)	(56,000,000)	(410,000,000)
Bonds available for sale \| RMBS
Assets:
Purchases	87,000,000	18,000,000	87,000,000	188,000,000
Sales	(45,000,000)	(6,000,000)	(46,000,000)	(25,000,000)
Issuances and Settlements	(65,000,000)	(75,000,000)	(214,000,000)	(244,000,000)
Purchases, Sales, Issuances and Settlements, Net	(23,000,000)	(63,000,000)	(173,000,000)	(81,000,000)
Bonds available for sale \| CMBS
Assets:
Purchases	0	0	0	1,000,000
Sales	(12,000,000)	(7,000,000)	(12,000,000)	(12,000,000)
Issuances and Settlements	0	13,000,000	(18,000,000)	18,000,000
Purchases, Sales, Issuances and Settlements, Net	(12,000,000)	6,000,000	(30,000,000)	7,000,000
Bonds available for sale \| CLO/ABS
Assets:
Purchases	270,000,000	76,000,000	336,000,000	183,000,000
Sales	(563,000,000)	(151,000,000)	(565,000,000)	(302,000,000)
Issuances and Settlements	(21,000,000)	48,000,000	(151,000,000)	9,000,000
Purchases, Sales, Issuances and Settlements, Net	(314,000,000)	(27,000,000)	(380,000,000)	(110,000,000)
Other bond securities
Assets:
Purchases	0	0	14,000,000	34,000,000
Sales	0	(10,000,000)	(1,000,000)	(10,000,000)
Issuances and Settlements	(3,000,000)	7,000,000	(11,000,000)	(11,000,000)
Purchases, Sales, Issuances and Settlements, Net	(3,000,000)	(3,000,000)	2,000,000	13,000,000
Other bond securities \| Corporate debt
Assets:
Purchases				20,000,000
Sales				0
Issuances and Settlements				24,000,000
Purchases, Sales, Issuances and Settlements, Net	0	0	0	44,000,000
Other bond securities \| RMBS
Assets:
Purchases	0	0	3,000,000	0
Sales	0	0	(1,000,000)	0
Issuances and Settlements	(2,000,000)	(2,000,000)	(4,000,000)	(17,000,000)
Purchases, Sales, Issuances and Settlements, Net	(2,000,000)	(2,000,000)	(2,000,000)	(17,000,000)
Other bond securities \| CLO/ABS
Assets:
Purchases	0	0	11,000,000	14,000,000
Sales	0	(10,000,000)	0	(10,000,000)
Issuances and Settlements	(1,000,000)	9,000,000	(7,000,000)	(18,000,000)
Purchases, Sales, Issuances and Settlements, Net	(1,000,000)	(1,000,000)	4,000,000	(14,000,000)
Equity securities
Assets:
Purchases	2,000,000	0	2,000,000	5,000,000
Sales	0	(2,000,000)	0	(2,000,000)
Issuances and Settlements	0	0	0	(1,000,000)
Purchases, Sales, Issuances and Settlements, Net	2,000,000	(2,000,000)	2,000,000	2,000,000
Other invested assets
Assets:
Purchases	17,000,000	0	18,000,000	1,000,000
Sales	0	0	0	0
Issuances and Settlements	(12,000,000)	(2,000,000)	(52,000,000)	(13,000,000)
Purchases, Sales, Issuances and Settlements, Net	5,000,000	(2,000,000)	(34,000,000)	(12,000,000)
Other assets
Assets:
Purchases	0	0	0	0
Sales	0	0	0	0
Issuances and Settlements	(1,000,000)	1,000,000	(114,000,000)	5,000,000
Purchases, Sales, Issuances and Settlements, Net	$ (1,000,000)	$ 1,000,000	$ (114,000,000)	$ 5,000,000

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details) $ in Millions		Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale	[1]	$ 65,980	$ 65,242
Obligations of states, municipalities and political subdivisions
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 4,651	$ 4,833
Obligations of states, municipalities and political subdivisions \| Minimum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0460	0.0500
Obligations of states, municipalities and political subdivisions \| Maximum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0482	0.0550
Obligations of states, municipalities and political subdivisions \| Weighted-average \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0471	0.0523
Obligations of states, municipalities and political subdivisions \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 3	$ 3
Corporate debt
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 33,034	$ 32,346
Corporate debt \| Minimum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0571	0.0516
Corporate debt \| Maximum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1024	0.0962
Corporate debt \| Weighted-average \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0798	0.0739
Corporate debt \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 128	$ 332
RMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 6,419	$ 6,207
RMBS \| Minimum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0523	0.0618
RMBS \| Minimum \| Constant prepayment rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0421	0.0443
RMBS \| Minimum \| Loss severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.4159	0.4321
RMBS \| Minimum \| Constant default rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0080	0.0082
RMBS \| Maximum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0640	0.0742
RMBS \| Maximum \| Constant prepayment rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0890	0.1030
RMBS \| Maximum \| Loss severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.7742	0.7665
RMBS \| Maximum \| Constant default rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0238	0.0264
RMBS \| Weighted-average \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0581	0.0680
RMBS \| Weighted-average \| Constant prepayment rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0655	0.0736
RMBS \| Weighted-average \| Loss severity
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.5951	0.5993
RMBS \| Weighted-average \| Constant default rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0159	0.0173
RMBS \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 1,365	$ 1,341
CLO/ABS \| Minimum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0310	0.0531
CLO/ABS \| Maximum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0782	0.0856
CLO/ABS \| Weighted-average \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0546	0.0694
CLO/ABS \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 1,003	$ 1,100
CMBS
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 4,106	$ 4,147
CMBS \| Minimum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.0507	0.0984
CMBS \| Maximum \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1574	0.1724
CMBS \| Weighted-average \| Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset, measurement input		0.1041	0.1354
CMBS \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Bonds available for sale		$ 19	$ 22

[1] See Note 10 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	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	$ 4,334	$ 4,345
Private Equity Funds and Hedge Funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	3,350	3,799
Unfunded Commitments	1,468	1,081
Private equity funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	3,162	3,388
Unfunded Commitments	$ 1,468	1,081
Average original expected lives (in years)	10 years
Private equity funds \| Minimum
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Extension period (in years)	1 year
Private equity funds \| Maximum
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Extension period (in years)	2 years
Leveraged buyout
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	$ 1,219	1,171
Unfunded Commitments	783	558
Real assets
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	693	870
Unfunded Commitments	337	344
Venture capital
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	102	67
Unfunded Commitments	92	50
Growth equity
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	205	196
Unfunded Commitments	0	9
Mezzanine
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	101	140
Unfunded Commitments	91	56
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	842	944
Unfunded Commitments	165	64
Hedge funds
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	188	411
Unfunded Commitments	0	0
Event-driven
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	12	13
Unfunded Commitments	0	0
Long-short
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	168	389
Unfunded Commitments	0	0
Other
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE
Fair Value Using NAV Per Share (or its equivalent)	8	9
Unfunded Commitments	$ 0	$ 0

Fair Value Measurements - Gains

Fair Value Measurements - Gains or Losses Recorded Related to Fair Value Option (Details) - Fair Value Option - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Option, Quantitative Disclosures
Fair value option gain (loss)	$ 61	$ 36	$ 241	$ 175
Other bond securities
Fair Value, Option, Quantitative Disclosures
Fair value option gain (loss)	20	(5)	27	4
Alternative investments
Fair Value, Option, Quantitative Disclosures
Fair value option gain (loss)	76	41	184	171
Retained investment in Corebridge
Fair Value, Option, Quantitative Disclosures
Fair value option gain (loss)	$ (35)	$ 0	$ 30	$ 0

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Values and Estimated Fair Values of our Financial Instruments not Measured at Fair value (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Assets:
Mortgage and other loans receivable	[1]	$ 4,286	$ 4,441
Other investments		14,440	6,368
Short-term investments	[1]	11,848	12,865
Cash		1,472	1,540	$ 1,424
Other assets	[1]	4,553	5,425
Liabilities:
Fortitude Re funds withheld payable		3,477	3,527
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,892	10,375
Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt	[1]	162	231
Estimated Fair Value
Assets:
Mortgage and other loans receivable		4,276	4,355
Other investments		588	651
Short-term investments		3,026	3,502
Cash		1,472	1,540
Other assets		15	32
Liabilities:
Fortitude Re funds withheld payable		3,477	3,675
Estimated Fair Value \| Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,607	9,890
Estimated Fair Value \| Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt		162	231
Carrying Value
Assets:
Mortgage and other loans receivable		4,286	4,441
Other investments		588	651
Short-term investments		3,026	3,502
Cash		1,472	1,540
Other assets		15	32
Liabilities:
Fortitude Re funds withheld payable		3,477	3,675
Carrying Value \| Assets and Liabilities Held for Sale
Assets:
Short-term investments		10
Cash		85
Carrying Value \| Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,892	10,375
Carrying Value \| Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt		162	231
Level 1 \| Estimated Fair Value
Assets:
Mortgage and other loans receivable		0	0
Other investments		0	0
Short-term investments		0	0
Cash		1,472	1,540
Other assets		15	32
Liabilities:
Fortitude Re funds withheld payable		0	0
Level 1 \| Estimated Fair Value \| Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		0	0
Level 1 \| Estimated Fair Value \| Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt		0	0
Level 2 \| Estimated Fair Value
Assets:
Mortgage and other loans receivable		341	242
Other investments		583	645
Short-term investments		3,026	3,502
Cash		0	0
Other assets		0	0
Liabilities:
Fortitude Re funds withheld payable		0	0
Level 2 \| Estimated Fair Value \| Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		9,343	9,623
Level 2 \| Estimated Fair Value \| Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt		0	0
Level 3 \| Estimated Fair Value
Assets:
Mortgage and other loans receivable		3,935	4,113
Other investments		5	6
Short-term investments		0	0
Cash		0	0
Other assets		0	0
Liabilities:
Fortitude Re funds withheld payable		3,477	3,675
Level 3 \| Estimated Fair Value \| Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Long-term debt		264	267
Level 3 \| Estimated Fair Value \| Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Long-term debt		$ 162	$ 231

[1] See Note 10 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		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		$ 67,364	$ 68,119
Allowance for credit losses		(40)	(34)	$ (33)	$ (30)	$ (34)	$ (37)
Gross Unrealized Gains		1,450	1,073
Gross Unrealized Losses		(2,794)	(3,916)
Bonds available for sale	[1]	65,980	65,242
Non-Investment Grade
Debt Securities, Available-for-sale [Line Items]
Bonds available for sale		$ 3,100	$ 5,200
Non-Investment Grade \| Credit Concentration Risk \| Bonds available for sale
Debt Securities, Available-for-sale [Line Items]
Concentration risk (as a percent)		5%	8%
U.S. government and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		$ 4,488	$ 4,444
Allowance for credit losses		0	0
Gross Unrealized Gains		95	40
Gross Unrealized Losses		(69)	(89)
Bonds available for sale		4,514	4,395
Obligations of states, municipalities and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		4,661	4,930
Allowance for credit losses		0	0
Gross Unrealized Gains		87	60
Gross Unrealized Losses		(97)	(157)
Bonds available for sale		4,651	4,833
Non-U.S. governments
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		9,187	8,973
Allowance for credit losses		(2)	(1)
Gross Unrealized Gains		92	94
Gross Unrealized Losses		(544)	(670)
Bonds available for sale		8,733	8,396
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		33,903	34,013
Allowance for credit losses		(25)	(20)
Gross Unrealized Gains		808	606
Gross Unrealized Losses		(1,652)	(2,253)
Bonds available for sale		33,034	32,346
Mortgage-backed, asset-backed and collateralized
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		15,125	15,759
Allowance for credit losses		(13)	(13)
Gross Unrealized Gains		368	273
Gross Unrealized Losses		(432)	(747)
Bonds available for sale		15,048	15,272
RMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		6,462	6,423
Allowance for credit losses		(6)	(9)
Gross Unrealized Gains		256	219
Gross Unrealized Losses		(293)	(426)
Bonds available for sale		6,419	6,207
CMBS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		4,127	4,326
Allowance for credit losses		(7)	(4)
Gross Unrealized Gains		69	23
Gross Unrealized Losses		(83)	(198)
Bonds available for sale		4,106	4,147
CLO/ABS
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		4,536	5,010
Allowance for credit losses		0	0
Gross Unrealized Gains		43	31
Gross Unrealized Losses		(56)	(123)
Bonds available for sale		$ 4,523	$ 4,918

[1] See Note 10 for details of balances associated with variable interest entities.

Investments - Available for Sal

Investments - Available for Sale Securities in Continuous Unrealized Loss Position (Details) $ in Millions	Sep. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Fair Value
Fair Value, Less than 12 Months	$ 19,962	$ 11,248
Fair Value, 12 Months or More	12,586	31,037
Fair Value, Total	32,548	42,285
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	193	493
Gross Unrealized Losses, 12 Months or More	2,574	3,392
Gross Unrealized Losses, Total	$ 2,767	$ 3,885
Number of securities in an unrealized loss position \| security	10,479	13,052
Number of individual securities in continuous unrealized loss position for longer than twelve months \| security	8,111	10,027
U.S. government and government sponsored entities
Fair Value
Fair Value, Less than 12 Months	$ 533	$ 1,027
Fair Value, 12 Months or More	502	804
Fair Value, Total	1,035	1,831
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	2	10
Gross Unrealized Losses, 12 Months or More	67	79
Gross Unrealized Losses, Total	69	89
Obligations of states, municipalities and political subdivisions
Fair Value
Fair Value, Less than 12 Months	1,779	850
Fair Value, 12 Months or More	25	1,602
Fair Value, Total	1,804	2,452
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	15	24
Gross Unrealized Losses, 12 Months or More	82	133
Gross Unrealized Losses, Total	97	157
Non-U.S. governments
Fair Value
Fair Value, Less than 12 Months	1,286	1,431
Fair Value, 12 Months or More	3,896	4,503
Fair Value, Total	5,182	5,934
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	34	87
Gross Unrealized Losses, 12 Months or More	507	583
Gross Unrealized Losses, Total	541	670
Corporate debt
Fair Value
Fair Value, Less than 12 Months	10,953	4,089
Fair Value, 12 Months or More	7,554	18,612
Fair Value, Total	18,507	22,701
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	100	171
Gross Unrealized Losses, 12 Months or More	1,533	2,070
Gross Unrealized Losses, Total	1,633	2,241
RMBS
Fair Value
Fair Value, Less than 12 Months	2,454	1,456
Fair Value, 12 Months or More	443	2,385
Fair Value, Total	2,897	3,841
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	24	114
Gross Unrealized Losses, 12 Months or More	266	300
Gross Unrealized Losses, Total	290	414
CMBS
Fair Value
Fair Value, Less than 12 Months	1,568	1,024
Fair Value, 12 Months or More	121	1,622
Fair Value, Total	1,689	2,646
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	6	54
Gross Unrealized Losses, 12 Months or More	75	137
Gross Unrealized Losses, Total	81	191
CLO/ABS
Fair Value
Fair Value, Less than 12 Months	1,389	1,371
Fair Value, 12 Months or More	45	1,509
Fair Value, Total	1,434	2,880
Gross Unrealized Losses
Gross Unrealized Losses, Less than 12 Months	12	33
Gross Unrealized Losses, 12 Months or More	44	90
Gross Unrealized Losses, Total	$ 56	$ 123

Investments - Amortized Cost an

Investments - Amortized Cost and Fair Value of Fixed Maturity Securities Available for Sale by Contractual Maturity (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Amortized Cost, Net of Allowance
Due in one year or less		$ 4,626
Due after one year through five years		25,918
Due after five years through ten years		16,595
Due after ten years		5,073
Mortgage-backed, asset-backed and collateralized		15,112
Total		67,324
Fair Value
Due in one year or less		4,608
Due after one year through five years		25,593
Due after five years through ten years		16,180
Due after ten years		4,551
Mortgage-backed, asset-backed and collateralized		15,048
Total	[1]	$ 65,980	$ 65,242

[1] See Note 10 for details of balances associated with variable interest entities.

Investments - Gross Realized Ga

Investments - Gross Realized Gains and Gross Realized Losses from Sales or Maturities of Available for Sale Securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Gross Realized Gains	$ 11	$ 3	$ 54	$ 121
Gross Realized Losses	95	159	408	736
Aggregate fair value of available for sale securities sold	1,900	2,500	6,900	13,200
Net Investment Income [Line Items]
Net realized gains (losses)	(84)	(156)	(354)	(615)
Fortitude RE Funds Withheld Assets
Net Investment Income [Line Items]
Net realized gains (losses)	$ (18)	$ (4)	$ (34)	$ (63)

Investments - Value of Other Se

Investments - Value of Other Securities Measured at Fair Value Based on Election of the Fair Value Option (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 763	$ 663
Equity securities	767	665
Fixed Maturities And Equity Securities
Debt and Equity Securities, FV-NI [Line Items]
Total	$ 1,530	$ 1,328
Fixed Maturities And Equity Securities \| 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]
Other bond securities	$ 763	$ 663
Fixed maturity securities \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	50%	50%
Fixed maturity securities \| Obligations of states, municipalities and political subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 52	$ 51
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)	3%	4%
Fixed maturity securities \| Non-U.S. governments
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 27	$ 24
Fixed maturity securities \| Non-U.S. governments \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	2%	2%
Fixed maturity securities \| Corporate debt
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 299	$ 255
Fixed maturity securities \| Corporate debt \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	20%	19%
Fixed maturity securities \| Mortgage-backed, asset-backed and collateralized
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 385	$ 333
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)	25%	25%
Fixed maturity securities \| RMBS
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 107	$ 93
Fixed maturity securities \| RMBS \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	7%	7%
Fixed maturity securities \| CMBS
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 44	$ 33
Fixed maturity securities \| CMBS \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	3%	2%
Fixed maturity securities \| CLO/ABS
Debt and Equity Securities, FV-NI [Line Items]
Other bond securities	$ 234	$ 207
Fixed maturity securities \| CLO/ABS \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	15%	16%
Equity securities
Debt and Equity Securities, FV-NI [Line Items]
Equity securities	$ 767	$ 665
Equity securities \| Investment Concentration Risk \| Investments
Debt and Equity Securities, FV-NI [Line Items]
Concentration risk (as a percent)	50%	50%

Investments - Carrying amounts

Investments - Carrying amounts of Other Invested Assets (Details) - USD ($) $ in Millions	Sep. 30, 2024	Jun. 30, 2024	Jun. 09, 2024	Dec. 31, 2023
Investments [Line Items]
Alternative investments	$ 4,334			$ 4,345
All other investments	1,963			2,023
Total	14,440			6,368
Accumulated depreciation on investment in real estate	167			161
Hedge Funds
Investments [Line Items]
Total	187			411
Private equity funds
Investments [Line Items]
Alternative investments	3,162			3,388
Total	3,900			3,700
Corebridge Financial Inc
Investments [Line Items]
Retained investment in Corebridge using fair value option	$ 8,143		$ 12,392	$ 0
Total		$ 817

Investments - Components of Net

Investments - Components of Net Investment Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Investment Income [Line Items]
Total investment income	$ 1,018	$ 925	$ 3,077	$ 2,706
Investment expenses	45	69	135	169
Net investment income	973	856	2,942	2,537
Change in fair value of equity method investment	25	31	172	93
Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	967	896	2,954	2,600
Investment expenses	45	69	135	169
Net investment income	922	827	2,819	2,431
Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	51	29	123	106
Investment expenses	0	0	0	0
Net investment income	51	29	123	106
Corebridge Financial Inc
Net Investment Income [Line Items]
Dividend income	65		133
Change in fair value of equity method investment	(35)		30
Available for sale fixed maturity securities, including short-term investments
Net Investment Income [Line Items]
Total investment income	771	753	2,301	2,157
Available for sale fixed maturity securities, including short-term investments \| Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	746	731	2,234	2,085
Available for sale fixed maturity securities, including short-term investments \| Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	25	22	67	72
Other fixed maturity securities
Net Investment Income [Line Items]
Total investment income	20	(5)	27	4
Other fixed maturity securities \| Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	4	(1)	0	1
Other fixed maturity securities \| Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	16	(4)	27	3
Equity securities
Net Investment Income [Line Items]
Total investment income	60	31	144	93
Equity securities \| Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	60	31	144	93
Equity securities \| Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	0	0	0	0
Interest on mortgage and other loans
Net Investment Income [Line Items]
Total investment income	61	83	211	240
Interest on mortgage and other loans \| Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	52	73	185	212
Interest on mortgage and other loans \| Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	9	10	26	28
Alternative investments
Net Investment Income [Line Items]
Total investment income	42	19	128	158
Alternative investments \| Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	42	19	129	158
Alternative investments \| Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	0	0	(1)	0
Other investments
Net Investment Income [Line Items]
Total investment income	64	44	266	54
Other investments \| Excluding Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	63	43	262	51
Other investments \| Fortitude Re Funds Withheld Assets
Net Investment Income [Line Items]
Total investment income	$ 1	$ 1	$ 4	$ 3

Investments - Components of N_2

Investments - Components of Net Realized Gains and Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Components of net realized capital gains (losses)
Sales of fixed maturity securities	$ (84)	$ (156)	$ (354)	$ (615)
Net realized gains (losses)	(167)	(135)	(434)	(660)
Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	8	(189)	(238)	(571)
Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	(175)	54	(196)	(89)
Excluding modified coinsurance and funds withheld embedded derivative
Components of net realized capital gains (losses)
Sales of fixed maturity securities	(84)	(156)	(354)	(615)
Change in allowance for credit losses on fixed maturity securities	0	(7)	(19)	(31)
Foreign exchange transactions	66	(35)	174	125
All other derivatives and hedge accounting	5	(14)	(62)	(133)
Sales of alternative investments	(18)	25	(5)	26
Other	25	8	13	14
Net realized gains (losses)	(10)	(192)	(276)	(635)
Excluding modified coinsurance and funds withheld embedded derivative \| Loans Receivable
Components of net realized capital gains (losses)
Change in allowance for credit losses on loans	(4)	(13)	(23)	(21)
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	(66)	(152)	(320)	(552)
Change in allowance for credit losses on fixed maturity securities	1	(7)	(18)	(31)
Foreign exchange transactions	65	(30)	176	125
All other derivatives and hedge accounting	7	(20)	(62)	(133)
Sales of alternative investments	(18)	25	(4)	26
Other	22	11	13	17
Net realized gains (losses)	8	(189)	(238)	(571)
Excluding modified coinsurance and funds withheld embedded derivative \| Excluding Fortitude Re Funds Withheld Assets \| Loans Receivable
Components of net realized capital gains (losses)
Change in allowance for credit losses on loans	(3)	(16)	(23)	(23)
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	(18)	(4)	(34)	(63)
Change in allowance for credit losses on fixed maturity securities	(1)	0	(1)	0
Foreign exchange transactions	1	(5)	(2)	0
All other derivatives and hedge accounting	(2)	6	0	0
Sales of alternative investments	0	0	(1)	0
Other	3	(3)	0	(3)
Net realized gains (losses)	(18)	(3)	(38)	(64)
Excluding modified coinsurance and funds withheld embedded derivative \| Fortitude Re Funds Withheld Assets \| Loans Receivable
Components of net realized capital gains (losses)
Change in allowance for credit losses on loans	(1)	3	0	2
Fortitude Re funds withheld embedded derivative
Components of net realized capital gains (losses)
Net realized gains (losses)	(157)	57	(158)	(25)
Fortitude Re funds withheld embedded derivative \| Excluding Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	0	0	0	0
Fortitude Re funds withheld embedded derivative \| Fortitude Re Funds Withheld Assets
Components of net realized capital gains (losses)
Net realized gains (losses)	$ (157)	$ 57	$ (158)	$ (25)

Investments - Schedule of Chang

Investments - Schedule of Changes in Unrealized Appreciation (Depreciation) of Available for Sale Securities and Other Investments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Securities, Available-for-sale [Line Items]
Increase (decrease) in unrealized appreciation (depreciation) of investments	$ 1,626	$ (7,094)	$ (631)	$ (4,368)
Equity Securities, FV-NI, Unrealized Gain (Loss) [Abstract]
Net gains recognized during the period on equity securities and other investments	102	77	378	282
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	8	4	75	89
Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date	94	73	303	193
Corebridge Financial Inc
Equity Securities, FV-NI, Unrealized Gain (Loss) [Abstract]
Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date	(35)		30
Continuing Operations, Excluding Held-For-Sale
Debt Securities, Available-for-sale [Line Items]
Increase (decrease) in unrealized appreciation (depreciation) of investments	1,597	(670)	1,441	159
Fixed maturity securities \| Continuing Operations, Excluding Held-For-Sale
Debt Securities, Available-for-sale [Line Items]
Increase (decrease) in unrealized appreciation (depreciation) of investments	1,616	(670)	1,499	159
Other investments \| Continuing Operations, Excluding Held-For-Sale
Debt Securities, Available-for-sale [Line Items]
Increase (decrease) in unrealized appreciation (depreciation) of investments	(19)	0	(58)	0
Equities
Equity Securities, FV-NI, Unrealized Gain (Loss) [Abstract]
Net gains recognized during the period on equity securities and other investments	60	31	144	93
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	8	12	51	88
Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date	52	19	93	5
Other invested assets
Equity Securities, FV-NI, Unrealized Gain (Loss) [Abstract]
Net gains recognized during the period on equity securities and other investments	42	46	234	189
Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period	0	(8)	24	1
Unrealized gains recognized during the reporting period on equity securities and other investments still held at the reporting date	$ 42	$ 54	$ 210	$ 188

Investments - Rollforward of Ch

Investments - Rollforward of Changes in Allowance for Credit Losses on Available for Sale Fixed Maturity Securities by Major Investment Category (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 33	$ 34	$ 34	$ 37
Securities for which allowance for credit losses was not previously recorded	2	21	12	51
Securities sold during the period	0	(7)	0	(12)
Addition to (release of) 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 of amortized cost basis	(2)	(14)	7	(20)
Write-offs charged against the allowance	0	(2)	(22)	(23)
Other	7	(2)	9	(3)
Balance, end of period	40	30	40	30
Structured
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	6	7	13	20
Securities for which allowance for credit losses was not previously recorded	2	2	3	4
Securities sold during the period	0	(1)	0	(3)
Addition to (release of) 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 of amortized cost basis	4	2	(4)	(1)
Write-offs charged against the allowance	0	0	0	(10)
Other	0	1	0	1
Balance, end of period	12	11	12	11
Non- Structured
Debt Securities, Available-for-sale, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	27	27	21	17
Securities for which allowance for credit losses was not previously recorded	0	19	9	47
Securities sold during the period	0	(6)	0	(9)
Addition to (release of) 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 of amortized cost basis	(6)	(16)	11	(19)
Write-offs charged against the allowance	0	(2)	(22)	(13)
Other	7	(3)	9	(4)
Balance, end of period	$ 28	$ 19	$ 28	$ 19

Investments - Pledged Investmen

Investments - Pledged Investments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financial Instruments Owned and Pledged as Collateral [Line Items]
Fixed maturity securities available for sale	$ 0	$ 106
Amounts borrowed under repurchase and securities lending agreements	0	107
Securities pledged under repurchase agreements		106
Securities collateral pledged to us	957	1,200
Carrying value of reverse repurchase agreements	965	1,100
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	8,200	8,400
Federal Home Loan Bank stock	13	15
Bonds available for sale and short-term investments held in escrow	164	164
Asset Pledged as Collateral
Financial Instruments Owned and Pledged as Collateral [Line Items]
Fixed maturity securities available for sale	$ 1,700	1,700
Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		106
Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		0
Overnight and Continuous
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase 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		0
up to 30 days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		106
up to 30 days \| Non-U.S. governments
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		106
up to 30 days \| Corporate debt
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase agreements		0
31 - 90 days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase 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
91 - 364 days
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase 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
365 days or greater
Financial Instruments Owned and Pledged as Collateral [Line Items]
Securities pledged under repurchase 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

Lending Activities - Compositio

Lending Activities - Composition of Mortgages and Other Loans Receivable (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Composition of Mortgages and other loans receivable
Allowance for credit losses		$ (37,803)	$ (37,776)
Mortgage and other loans receivable, net	[1]	4,286	4,441
Commercial mortgages
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		3,696	3,836
Allowance for credit losses		(165)	(138)	$ (162)	$ (133)	$ (116)	$ (109)
Off-balance-sheet commitments		5	9		9
Loans on nonacrrual status		296	73
Accrued interest receivable		$ 21	$ 21
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		10%	10%
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		12%	13%
Life insurance policy loans
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		$ 6	$ 7
Commercial loans, other loans and notes receivable
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		751	738
Excluding AIGFP Operating
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		4,453	4,581
Allowance for credit losses		(167)	(140)	$ (163)	$ (136)	$ (119)	$ (117)
Mortgage and other loans receivable, net		4,286	4,441
AIG Financial Products
Composition of Mortgages and other loans receivable
Total mortgage and other loans receivable		37,600	37,600
Allowance for credit losses		$ (37,600)	$ (37,600)

[1] See Note 10 for details of balances associated with variable interest entities.

Lending Activities - Credit Qua

Lending Activities - Credit Quality of Commercial Mortgages (Details) - Commercial mortgages $ in Millions	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	$ 54	$ 403
Prior year	510	249
Two years prior	261	648
Three years prior	605	191
Four years prior	164	177
Five years & beyond prior	2,102	2,168
Total	$ 3,696	$ 3,836
Weighted average debt service coverage ratio	1.9	1.8
Weighted average loan-to-value ratio (as a percent)	64%	62%
Less than 65%
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	$ 34	$ 359
Prior year	411	159
Two years prior	169	492
Three years prior	493	177
Four years prior	156	156
Five years & beyond prior	1,368	1,385
Total	2,631	2,728
65% to 75%
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	13	10
Prior year	42	15
Two years prior	48	137
Three years prior	77	0
Four years prior	0	21
Five years & beyond prior	302	367
Total	482	550
76% to 80%
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0	0
Prior year	0	32
Two years prior	0	10
Three years prior	35	0
Four years prior	0	0
Five years & beyond prior	113	0
Total	148	42
Greater than 80%
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	7	34
Prior year	57	43
Two years prior	44	9
Three years prior	0	14
Four years prior	8	0
Five years & beyond prior	319	416
Total	435	516
Greater than 1.2X
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	34	398
Prior year	500	167
Two years prior	246	394
Three years prior	559	135
Four years prior	164	156
Five years & beyond prior	1,766	1,784
Total	3,269	3,034
1.00 - 1.20X
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	20	5
Prior year	10	71
Two years prior	15	254
Three years prior	14	56
Four years prior	0	21
Five years & beyond prior	80	298
Total	139	705
Less than 1.00X
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0	0
Prior year	0	11
Two years prior	0	0
Three years prior	32	0
Four years prior	0	0
Five years & beyond prior	256	86
Total	$ 288	$ 97

Lending Activities - Credit Q_2

Lending Activities - Credit Quality Performance Indicators for Commercial Mortgages (Details) $ in Millions	Sep. 30, 2024 USD ($) loan	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($) loan	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Allowance for credit losses	$ 37,803		$ 37,776
Commercial mortgage loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans \| loan	204		213
Total	$ 3,696		$ 3,836
Allowance for credit losses	$ 165	$ 162	$ 138	$ 133	$ 116	$ 109
Percent of Total	100%		100%
Percentage of total, allowance for credit losses	4%		4%
Commercial mortgage loans \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans \| loan	197		211
Total	$ 3,459		$ 3,783
Percent of Total	94%		99%
Commercial mortgage loans \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans \| loan	3		1
Total	$ 36		$ 11
Percent of Total	1%		0%
Commercial mortgage loans \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Loans \| loan	4		1
Total	$ 201		$ 42
Percent of Total	5%		1%
Commercial mortgage loans \| Apartments
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 1,198		$ 1,267
Allowance for credit losses	5		9
Commercial mortgage loans \| Apartments \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,198		1,267
Commercial mortgage loans \| Apartments \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Apartments \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Offices
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,194		1,223
Allowance for credit losses	102		75
Commercial mortgage loans \| Offices \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,057		1,212
Commercial mortgage loans \| Offices \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		11
Commercial mortgage loans \| Offices \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	137		0
Commercial mortgage loans \| Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Total	461		518
Allowance for credit losses	35		36
Commercial mortgage loans \| Retail \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	361		476
Commercial mortgage loans \| Retail \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	36		0
Commercial mortgage loans \| Retail \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	64		42
Commercial mortgage loans \| Industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Total	444		460
Allowance for credit losses	9		7
Commercial mortgage loans \| Industrial \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	444		460
Commercial mortgage loans \| Industrial \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Industrial \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Hotel
Financing Receivable, Credit Quality Indicator [Line Items]
Total	272		247
Allowance for credit losses	13		9
Commercial mortgage loans \| Hotel \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	272		247
Commercial mortgage loans \| Hotel \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Hotel \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Others
Financing Receivable, Credit Quality Indicator [Line Items]
Total	127		121
Allowance for credit losses	1		2
Commercial mortgage loans \| Others \| In good standing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	127		121
Commercial mortgage loans \| Others \| 90 days or less delinquent
Financing Receivable, Credit Quality Indicator [Line Items]
Total	0		0
Commercial mortgage loans \| Others \| >90 days delinquent or in process of foreclosure
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 0		$ 0

Lending Activities - Rollforwar

Lending Activities - Rollforward of the Changes in the Allowance for Credit Losses on Mortgage and Other Loans Receivable (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period			$ 37,776
Allowance, end of period	$ 37,803		37,803
Commercial mortgage loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	162	$ 116	138	$ 109
Loans charged off			0	(2)
Net charge-offs			0	(2)
Addition to (release of) allowance for loan losses	3	17	27	26
Allowance, end of period	165	133	165	133
Off-balance-sheet commitments	5	9	5	9	$ 9
Other Loans
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	1	3	2	8
Loans charged off			0	0
Net charge-offs			0	0
Addition to (release of) allowance for loan losses	1	0	0	(5)
Allowance, end of period	2	3	2	3
Excluding AIGFP Operating
Changes in the allowance for losses on Mortgage and other loans receivable
Allowance, beginning of period	163	119	140	117
Loans charged off			0	(2)
Net charge-offs			0	(2)
Addition to (release of) allowance for loan losses	4	17	27	21
Allowance, end of period	$ 167	$ 136	$ 167	$ 136

Lending Activities - Loan Modif

Lending Activities - Loan Modifications (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Commercial Mortgage Loans \| Extended Maturity
Allowance for losses on Mortgage and other loans receivable
Amortized cost	$ 5

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details) - USD ($) $ in Billions	Sep. 30, 2024	Dec. 31, 2023
Effects of Reinsurance [Line Items]
Ceded reserves	$ 3.5
Reinsurance recoverables	$ 42.8	$ 41.4
Investment Grade
Effects of Reinsurance [Line Items]
Reinsurance recoverable (as a percent)	82%	83%
Non-Investment Grade
Effects of Reinsurance [Line Items]
Reinsurance recoverable (as a percent)	15%	15%
Non-Investment Grade \| Captive Insurers
Effects of Reinsurance [Line Items]
Reinsurance recoverable (as a percent)	81%	85%
Not Rated
Effects of Reinsurance [Line Items]
Reinsurance recoverable (as a percent)	3%	2%

Reinsurance - Summary of the Co

Reinsurance - Summary of the Composition of Pool of Assets (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Effects of Reinsurance [Line Items]
Bonds available for sale	[1]	$ 65,980		$ 65,242
Fixed maturity securities - fair value option		763		663
Short-term investments	[1]	11,848		12,865
Other assets	[1]	4,553		5,425
Total assets		169,449		539,306
Carrying Value
Effects of Reinsurance [Line Items]
Short-term investments		3,026		3,502
Other assets		15		32
Commercial mortgage loans
Effects of Reinsurance [Line Items]
Loans		3,696		3,836
Fortitude Holdings
Effects of Reinsurance [Line Items]
Change in net unrealized gains (losses), gross		31	$ (60)
Change in net unrealized gains (losses), net of tax		25	$ (47)
Derivative asset, Fair value of collateral		3		1
Derivative liability, Fair value of collateral		27		28
Fortitude Holdings \| Carrying Value
Effects of Reinsurance [Line Items]
Bonds available for sale		2,148		2,180
Fixed maturity securities - fair value option		749		655
Short-term investments		21		46
Funds withheld investment assets		3,393		3,424
Derivative assets, net		0		0
Other assets		103		118
Total assets		3,496		3,542
Fortitude Holdings \| Estimated Fair Value
Effects of Reinsurance [Line Items]
Bonds available for sale		2,148		2,180
Fixed maturity securities - fair value option		749		655
Short-term investments		21		46
Funds withheld investment assets		3,374		3,409
Derivative assets, net		0		0
Other assets, fair value		103		118
Total		3,477		3,527
Fortitude Holdings \| Commercial mortgage loans \| Carrying Value
Effects of Reinsurance [Line Items]
Loans		475		543
Fortitude Holdings \| Commercial mortgage loans \| Estimated Fair Value
Effects of Reinsurance [Line Items]
Loans, fair value		$ 456		$ 528

[1] See Note 10 for details of balances associated with variable interest entities.

Reinsurance - Summary of the Im

Reinsurance - Summary of the Impact of Funds Withheld (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Effects of Reinsurance [Line Items]
Total net investment income	$ 973	$ 856	$ 2,942	$ 2,537
Net realized gains (losses)	(167)	(135)	(434)	(660)
Income (loss) from continuing operations before income tax expense (benefit)	649	1,100	2,324	2,388
Income tax expense (benefit)	168	399	571	509
Net income (loss)	457	2,747	(1,827)	4,351
Change in unrealized appreciation (depreciation) of all other investments			4	(564)
Comprehensive income (loss)	2,304	(2,171)	5,657	1,608
Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Total net investment income	51	29	123	106
Fortitude Holdings
Effects of Reinsurance [Line Items]
Total net investment income	51	29	123	106
Net realized gains (losses)	(175)	54	(196)	(89)
Income (loss) from continuing operations before income tax expense (benefit)	(124)	83	(73)	17
Income tax expense (benefit)	(26)	18	(15)	4
Net income (loss)	(98)	65	(58)	13
Comprehensive income (loss)	(31)	2	(33)	(34)
Fortitude Holdings \| Fortitude Re funds withheld assets
Effects of Reinsurance [Line Items]
Net realized gains (losses)	(18)	(3)	(38)	(64)
Fortitude Holdings \| Fortitude Re funds withheld assets \| Embedded derivatives
Effects of Reinsurance [Line Items]
Net realized gains (losses)	(157)	57	(158)	(25)
Fortitude Holdings \| Other investments
Effects of Reinsurance [Line Items]
Change in unrealized appreciation (depreciation) of all other investments	$ 67	$ (63)	$ 25	$ (47)

Reinsurance - Rollforward of th

Reinsurance - Rollforward of the Reinsurance Recoverable Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Reinsurance Recoverable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 260	$ 254	$ 255	$ 260
Addition to (release of) allowance for expected credit losses and disputes, net	9	1	9	(3)
Write-offs charged against the allowance for credit losses and disputes	0	0	(1)	(1)
Other changes	3	(1)	9	(2)
Balance, end of period	$ 272	$ 254	$ 272	$ 254

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs - Rollforward of DAC (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance, beginning of year	$ 2,117	$ 2,343
Capitalization	2,665	3,319
Amortization expense	(2,543)	(2,894)
Other, including foreign exchange	(48)	(76)
Reclassified to held for sale	0	(623)
Balance, end of year	$ 2,191	$ 2,069

Variable Interest Entities - Co

Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Assets:
Bonds available for sale	[1]	$ 65,980	$ 65,242
Mortgage and other loans receivable	[1]	4,286	4,441
Short-term investments	[1]	11,848	12,865
Accrued investment income	[1]	581	580
Other assets	[1]	4,553	5,425
Total assets		169,449	539,306
Liabilities:
Total liabilities		124,376	488,005
Consolidated VIE
Assets:
Bonds available for sale		29	72
Mortgage and other loans receivable		0	122
Short-term investments		0	5
Accrued investment income		1	2
Other assets		1	1
Total assets		31	202
Liabilities:
Debt of consolidated investment entities		0	38
Total liabilities		$ 0	$ 38

[1] See Note 10 for details of balances associated with variable interest entities.

Variable Interest Entities - Un

Variable Interest Entities - Unconsolidated VIEs (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
VARIABLE INTEREST ENTITY
Maximum exposure to loss, On-Balance Sheet	$ 169,449	$ 539,306
Other investments	14,440	6,368
Unconsolidated VIE
VARIABLE INTEREST ENTITY
Total VIE Assets	362,424	356,030
Maximum exposure to loss, On-Balance Sheet	3,677	4,107
Maximum exposure to loss, Off-Balance Sheet	1,923	2,240
Exposure to loss	5,600	6,347
Other investments	3,700	4,100
Unconsolidated VIE \| Related Party \| AIG Financial Products
VARIABLE INTEREST ENTITY
Total VIE Assets	1,925	1,971
Maximum exposure to loss, Off-Balance Sheet	1,894	1,941
Unconsolidated VIE \| Real Estate and Investment Entities
VARIABLE INTEREST ENTITY
Total VIE Assets	361,397	355,003
Maximum exposure to loss, On-Balance Sheet	3,677	4,107
Maximum exposure to loss, Off-Balance Sheet	1,175	1,492
Exposure to loss	4,852	5,599
Unconsolidated VIE \| Other Investment Companies
VARIABLE INTEREST ENTITY
Total VIE Assets	1,027	1,027
Maximum exposure to loss, On-Balance Sheet	0	0
Maximum exposure to loss, Off-Balance Sheet	748	748
Exposure to loss	$ 748	$ 748

Derivatives and Hedge Account_3

Derivatives and Hedge Accounting - Notional Amounts and Fair Values of Derivative Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Gross Derivative Assets
Notional Amount	$ 6,417	$ 59,589
Fair Value	619	1,292
Counterparty netting	(276)	(450)
Cash Collateral	(241)	(711)
Total derivative assets	102	131
Gross Derivative Liabilities
Notional Amount	7,079	10,973
Fair Value	654	952
Counterparty netting	(276)	(450)
Cash Collateral	(209)	(249)
Total derivative liabilities on consolidated balance sheet	169	253
Bifurcated embedded derivatives assets, fair value	3,400	3,400
Bifurcated embedded derivative liabilities, fair value	0	0
Derivatives designated as hedging instruments \| Foreign exchange contracts
Gross Derivative Assets
Notional Amount	460	933
Fair Value	56	58
Gross Derivative Liabilities
Notional Amount	1,045	1,296
Fair Value	106	164
Derivatives not designated as hedging instruments \| Interest rate contracts
Gross Derivative Assets
Notional Amount	905	14,657
Fair Value	305	741
Gross Derivative Liabilities
Notional Amount	982	1,165
Fair Value	333	352
Derivatives not designated as hedging instruments \| Foreign exchange contracts
Gross Derivative Assets
Notional Amount	2,820	4,019
Fair Value	193	393
Gross Derivative Liabilities
Notional Amount	2,659	8,008
Fair Value	149	400
Derivatives not designated as hedging instruments \| Equity contracts
Gross Derivative Assets
Notional Amount	45	36,045
Fair Value	31	66
Gross Derivative Liabilities
Notional Amount	45	0
Fair Value	31	0
Derivatives not designated as hedging instruments \| Credit contracts
Gross Derivative Assets
Notional Amount	57	1,804
Fair Value	33	33
Gross Derivative Liabilities
Notional Amount	218	504
Fair Value	34	36
Derivatives not designated as hedging instruments \| Credit contracts \| CDS
Gross Derivative Liabilities
Notional Amount	53	50
Fair Value	33	32
Derivatives not designated as hedging instruments \| Other contracts
Gross Derivative Assets
Notional Amount	2,130	2,131
Fair Value	1	1
Gross Derivative Liabilities
Notional Amount	2,130	0
Fair Value	$ 1	$ 0

Derivatives and Hedge Account_4

Derivatives and Hedge Accounting - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Credit derivatives:
Collateral posted	$ 574		$ 574		$ 593
Collateral obtained from third parties for derivative transactions	456		456		856
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	(41)	$ 38	(7)	$ 7
Par value of hybrid securities	17		17		17
Maximum
Credit derivatives:
Fair value of hybrid securities	1		1		1
Credit Risk Related Contingent Features
Credit derivatives:
Collateral posted	33		33		34
Additional collateral postings and termination payments	6		6
Aggregate fair value of net liability position	$ 33		$ 33		$ 32

Derivatives and Hedge Account_5

Derivatives and Hedge Accounting - Fair Value Hedging Relationships (Details) - Derivatives designated as hedging instruments - Fair value hedging - Foreign exchange contracts - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative instruments gain (loss):
Gains/(losses) recognized in earnings on hedging derivatives	$ 53	$ 8	$ (62)	$ (183)
Gains/(losses) recognized in earnings for excluded components	6	(6)	(21)	(8)
Gains/(losses) recognized in earnings for hedged items	(53)	(8)	62	183
Net Impact	$ 6	$ (6)	$ (21)	$ (8)

Derivatives and Hedge Account_6

Derivatives and Hedge Accounting - Derivatives not Designated as Hedging Instruments (Details) - Derivatives not designated as hedging instruments - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (152)	$ 43	$ (220)	$ (159)
Net investment income - excluding Fortitude Re funds withheld assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ 0	$ 0	$ 0	$ 0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Investment Income	Net Investment Income	Net Investment Income	Net Investment Income
Net Investment Income - Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ 0	$ 1	$ 0	$ 0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net Investment Income	Net Investment Income	Net Investment Income	Net Investment Income
Net realized gains (losses) - Excluding Fortitude Re Funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ 7	$ (21)	$ (62)	$ (134)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)
Net Realized Gains (Losses) On Fortitude Re funds Withheld Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (159)	$ 63	$ (158)	$ (25)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (1)	$ (32)	$ (3)	$ (34)
Foreign exchange contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	3	369	(62)	243
Equity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	442	0	443
Commodity contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	(1)	0	7
Credit contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	3	0	3	(1)
Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	0	(792)	0	(792)
Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total	$ (157)	$ 57	$ (158)	$ (25)

Insurance Liabilities - Narrati

Insurance Liabilities - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Jan. 20, 2017
Liability for Future Policy Benefit, by Product Segment [Line Items]
Contractual deductible recoverable amount	$ 12,800		$ 12,800		$ 12,100
Collateral held for deductible recoverable amounts	8,600		8,600		8,700
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses	14		14		14
Favorable prior year loss development	(187)	$ 246	(79)	$ 380
Net loss reserve discount	1,202		$ 1,202		1,233
Tabular discount rate (as a percent)			45%
Workers compensation tabular discount amount	280		$ 280		294
Workers compensation non tabular discount amount	922		922		$ 939
Net loss reserve discount charge	29	5	$ 131	85
New York
Liability for Future Policy Benefit, by Product Segment [Line Items]
Nontabular discount rate (as a percent)			5%
NICO
Liability for Future Policy Benefit, by Product Segment [Line Items]
Amortization of deferred gain on retroactive reinsurance	$ 209	$ (36)	$ 230	$ 36
U.S. Run-Off Long Tail Insurance Lines \| NICO \| Accident Years 2015 and Prior
Liability for Future Policy Benefit, by Product Segment [Line Items]
Risk Transferred - U.S. Commercial long-tail exposures for accident years 2015 and prior (as a percent)						80%
Ceded to NICO percent of paid losses (as a percent)						80%
Ceded to NICO net paid losses in excess						$ 25,000
Ceded to NICO net paid losses in excess, aggregate limit						25,000
NICO's limit of liability under the contract						20,000
Consideration paid, including interest						$ 10,200

Insurance Liabilities - Liabili

Insurance Liabilities - Liability for Unpaid Losses and Loss Adjustment Expenses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:
Liability for unpaid loss and loss adjustment expenses, beginning of period	$ 69,783	$ 70,284	$ 70,393	$ 75,167
Reinsurance recoverable	(29,849)	(30,226)	(30,289)	(32,102)
Net Liability for unpaid loss and loss adjustment expenses, beginning of period	39,934	40,058	40,104	43,065
Losses and loss adjustment expenses incurred:
Current year	3,749	3,922	10,660	11,651
Prior years, excluding discount and amortization of deferred gain	187	(246)	79	(380)
Prior years, discount charge (benefit)	49	52	217	200
Prior years, amortization of deferred gain on retroactive reinsurance	(212)	27	(277)	(58)
Total losses and loss adjustment expenses incurred	3,773	3,755	10,679	11,413
Losses and loss adjustment expenses paid:
Current year	(1,169)	(1,190)	(2,310)	(2,360)
Prior years	(2,285)	(2,561)	(7,739)	(9,104)
Total losses and loss adjustment expenses paid	(3,454)	(3,751)	(10,049)	(11,464)
Other changes:
Foreign exchange effect	891	(583)	237	(211)
Losses and loss adjustment expenses recognized within gain on divestitures	0	316	0	316
Retroactive reinsurance adjustment (net of discount)	(107)	121	71	180
Dispositions	(5)	0	(5)	0
Reclassified to held for sale, net of reinsurance recoverables	5	(159)	0	(3,542)
Total other changes	784	(305)	303	(3,257)
Net liability for unpaid losses and loss adjustment expenses	41,037	39,757	41,037	39,757
Reinsurance recoverable	30,029	30,066	30,029	30,066
Total	71,066	69,823	71,066	69,823
Change in discount on loss reserves ceded under retroactive reinsurance	22	24	100	120
Assets and Liabilities Held for Sale
Other changes:
Reinsurance recoverable		1,500		1,500
National Indemnity Company
Losses and loss adjustment expenses incurred:
Prior years, amortization of deferred gain on retroactive reinsurance	$ 3	$ 9	$ 47	$ 22

Insurance Liabilities - Discoun

Insurance Liabilities - Discounting of Reserves (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Discounting of Reserves [Line Items]
U.S. workers' compensation	$ 2,206	$ 2,337
Retroactive reinsurance	(1,004)	(1,104)
Total reserve discount	1,202	1,233
Fortitude RE
Discounting of Reserves [Line Items]
Total reserve discount	$ 665	$ 687
Discount ceded on sale (as a percent)	100%	100%
United Kingdom
Discounting of Reserves [Line Items]
Total reserve discount	$ 197	$ 196

Insurance Liabilities - Net Los

Insurance Liabilities - Net Loss Reserve Discount Benefit (Charge) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net Loss Reserve Discount Benefit (Charge) [Line Items]
Current accident year	$ 20	$ 47	$ 86	$ 115
Accretion and other adjustments to prior year discount	(49)	(52)	(217)	(200)
Net reserve discount benefit (charge)	(29)	(5)	(131)	(85)
Change in discount on loss reserves ceded under retroactive reinsurance	22	24	100	120
Net change in total reserve discount	(7)	19	(31)	35
United Kingdom
Net Loss Reserve Discount Benefit (Charge) [Line Items]
Net change in total reserve discount	$ 1	$ 7	$ 1	$ 15

Insurance Liabilities - Balance

Insurance Liabilities - Balances and Changes in Liability for Future Policy Benefits (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Present value of expected net premiums
Balance, beginning of year	$ 1,702	$ 1,929
Effect of changes in discount rate assumptions (AOCI)	339	262
Beginning balance at original discount rate	2,041	2,191
Effect of actual variances from expected experience			$ (7)	$ (44)
Adjusted beginning of year balance	2,034	2,147
Issuances	75	100
Interest accrual	22	22
Net premium collected	(268)	(160)
Foreign exchange impact	(87)	(62)
Other	0	(63)
Ending balance at original discount rate	1,776	1,984
Effect of changes in discount rate assumptions (AOCI)	(193)	(354)
Balance, end of period	1,583	1,630
Present value of expected future policy benefits
Balance, beginning of year	2,149	2,380
Effect of changes in discount rate assumptions (AOCI)	441	362
Beginning balance at original discount rate	2,590	2,742
Effect of actual variances from expected experience			(8)	$ (43)
Adjusted beginning of year balance	2,582	2,699
Issuances	79	104
Interest accrual	27	27
Benefit payments	(273)	(153)
Foreign exchange impact	(107)	(93)
Other		(74)
Ending balance at original discount rate	2,308	2,510
Effect of changes in discount rate assumptions (AOCI)	(264)	(461)
Balance, end of period	2,044	2,049
Net liability for future policy benefits, end of period	461	419
Deferred profit liability	1	1
Other reconciling items	1,009	891
Future policy benefits	1,471	1,311	1,467
Less: Reinsurance recoverable	(813)	(712)
Net liability for future policy benefits after reinsurance recoverable	$ 658	$ 599
Weighted average liability duration of the liability for future policy benefits (in years)	9 years 9 months 18 days	9 years 6 months
Long-Duration Insurance
Present value of expected future policy benefits
Other reconciling items	$ 776		$ 661
Ceded percentage	1		1

Insurance Liabilities - Expecte

Insurance Liabilities - Expected Future Benefits, Expenses, and Gross Premiums (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023
Insurance [Abstract]
Undiscounted expected future benefits and expense	$ 2,820	$ 3,099
Undiscounted expected future gross premiums	3,881	4,275
Discounted expected future gross premiums (at current discount rate)	$ 2,905	$ 2,963

Insurance Liabilities - Income

Insurance Liabilities - Income Statement Information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Insurance [Abstract]
Gross premiums	$ 326	$ 338
Interest accretion	$ 5	$ 5

Insurance Liabilities - Weighte

Insurance Liabilities - Weighted-Average Interest Rates (Details)	Sep. 30, 2024	Sep. 30, 2023
Insurance [Abstract]
Weighted-average interest rate, original discount rate	1.83%	1.84%
Weighted-average interest rate, current discount rate	3.30%	3.92%

Contingencies, Commitments an_2

Contingencies, Commitments and Guarantees (Details) $ in Millions	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Other Commitments [Line Items]
Other commitments	$ 1,500	$ 1,700
Corebridge Financial Inc
Other Commitments [Line Items]
Percent of principal required to be collateralized by Corebridge	1
Percent of net present value of scheduled interest payments required to be collateralized by Corebridge	1
Related Party
Other Commitments [Line Items]
Contractual obligation	$ 100

Equity - Narrative (Details)

Equity - Narrative (Details) $ / shares in Units, $ in Millions				1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 04, 2024 $ / shares	Mar. 15, 2024 USD ($) $ / shares shares	Mar. 14, 2019 USD ($) $ / shares shares	Oct. 30, 2024 USD ($) shares	Sep. 30, 2024 USD ($) $ / shares	Sep. 30, 2023 USD ($) $ / shares	Sep. 30, 2024 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) $ / shares	Apr. 30, 2024 USD ($)	Dec. 31, 2023 $ / shares
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share) \| $ / shares					$ 5		$ 5			$ 5
Proceeds from redemption of preferred stock \| $							$ 485	$ 0
Redemption premium realized \| $		$ 15
Outstanding par and additional paid in capital amount of preferred stock \| $		$ 485					$ 485
Common stock, par value (in dollars per share) \| $ / shares					$ 2.50		$ 2.50			$ 2.50
Authorized repurchase amount \| $									$ 10,000
Remaining authorized repurchase amount \| $									$ 3,900
Shares purchased (in shares) \| shares							65,200,000
Aggregate repurchases of common stock \| $					$ 1,518	$ 794	$ 4,877	$ 1,959
Dividends declared, common stock (in dollars per share) \| $ / shares					$ 0.40	$ 0.36	$ 1.16	$ 1.04
Subsequent event
Class of Stock [Line Items]
Shares purchased (in shares) \| shares				7,000,000
Aggregate repurchases of common stock \| $				$ 500
Dividends declared, common stock (in dollars per share) \| $ / shares	$ 0.40
Series A Preferred Stock
Class of Stock [Line Items]
Issuances (in shares) \| shares			20,000
Preferred stock, dividend rate (as a percent)			5.85%
Preferred stock, par value (in dollars per share) \| $ / shares			$ 5
Preferred stock liquidation preference (in dollars per share) \| $ / shares			$ 25,000
Issuance of preferred stock \| $			$ 485
Stock redeemed during the period (in shares) \| shares		20,000
Preferred stock redemption price per share (in USD per share) \| $ / shares		$ 25,000
Proceeds from redemption of preferred stock \| $		$ 500
Series A Depositary Shares
Class of Stock [Line Items]
Issuances (in shares) \| shares			20,000,000
Depository shares, equity interest in preferred stock (as a percent)			0.001
Preferred stock liquidation preference (in dollars per share) \| $ / shares			$ 25
Stock redeemed during the period (in shares) \| shares		20,000,000
Preferred stock redemption, depository shares equity interest in preferred stock (as a percent)		0.001
Preferred stock redemption price per share (in USD per share) \| $ / shares		$ 25

Equity - Rollforward of Common

Equity - Rollforward of Common Stock Outstanding (Details)	9 Months Ended
Equity - Rollforward of Common Stock Outstanding (Details)	Sep. 30, 2024 shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued, beginning of year (in shares)	1,906,671,492
Treasury stock, beginning of year (in shares)	(1,217,831,721)
Shares outstanding, beginning of year (in shares)	688,800,000
Shares issued (in shares)	6,700,000
Shares repurchased (in shares)	(65,200,000)
Shares issued, end of period (in shares)	1,906,671,492
Treasury stock, end of period (in shares)	(1,276,381,562)
Shares outstanding, end of period (in shares)	630,300,000
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued, beginning of year (in shares)	1,906,700,000
Shares issued (in shares)	0
Shares repurchased (in shares)	0
Shares issued, end of period (in shares)	1,906,700,000
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury stock, beginning of year (in shares)	(1,217,900,000)
Shares issued (in shares)	6,700,000
Shares repurchased (in shares)	(65,200,000)
Treasury stock, end of period (in shares)	(1,276,400,000)

Equity - Schedule of Accumulate

Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	$ 44,475	$ 46,491	$ 51,301	$ 43,454
Change in unrealized appreciation (depreciation) of investments	1,626	(7,094)	(631)	(4,368)
Change in other	17	6	13	(47)
Change in fair value of market risk benefits, net		(104)	130	(250)
Change in discount rates	(12)	1,470	947	1,474
Change in future policy benefits		173	(59)	210
Change in foreign currency translation adjustments	427	(279)	173	(323)
Change in net actuarial loss	2	62	19	167
Change in prior service cost	(1)	1	2	3
Change in deferred tax asset (liability)	(212)	847	(324)	391
Corebridge deconsolidation, net of tax	0	0	7,214	0
Other comprehensive income (loss)	1,847	(4,918)	7,484	(2,743)
Corebridge noncontrolling interests		(61)	537	1,766
Balance, end of period	45,073	43,213	45,073	43,213
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(7,565)	(18,982)	(14,037)	(22,616)
Other comprehensive income (loss)	1,843	(3,486)	7,778	(1,679)
Balance, end of period	(5,722)	(22,529)	(5,722)	(22,529)
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	(38)	(60)	(106)	(136)
Balance, end of period	(1)	(110)	(1)	(110)
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(3,422)	(16,655)	(10,888)	(20,675)
Balance, end of period	(2,073)	(20,661)	(2,073)	(20,661)
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	0	(315)	(476)	(284)
Other comprehensive income (loss)	0	(81)	432	(196)
Balance, end of period	0	(369)	0	(369)
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	22	2,067	1,233	2,459
Other comprehensive income (loss)	46	1,147	(802)	1,100
Balance, end of period	68	2,841	68	2,841
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(3,322)	(3,174)	(2,979)	(3,056)
Balance, end of period	(2,912)	(3,430)	(2,912)	(3,430)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning of period	(805)	(845)	(821)	(924)
Balance, end of period	(804)	(800)	(804)	(800)
Noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	4	(1,432)	(294)	(1,064)
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]
Noncontrolling interests	0	(17)	17	1
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	0	(1,760)	(559)	(1,401)
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]
Noncontrolling interests	0	(29)	(11)	(59)
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]
Noncontrolling interests	0	387	258	387
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	4	(13)	1	8
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Noncontrolling interests	0	0	0	0
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 appreciation (depreciation) of investments	45	(69)	98	44
Change in other		(11)		(11)
Change in deferred tax asset (liability)	(8)	14	(20)	(9)
Corebridge deconsolidation, net of tax			42
Other comprehensive income (loss)	37	(66)	120	24
Corebridge noncontrolling interests		(1)	2	3
Unrealized Appreciation (Depreciation) of All Other Investments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in unrealized appreciation (depreciation) of investments	1,581	(7,025)	(729)	(4,412)
Change in other	17	17	13	(36)
Change in future policy benefits		173	(59)	210
Change in deferred tax asset (liability)	(249)	1,141	(92)	798
Corebridge deconsolidation, net of tax			8,513
Other comprehensive income (loss)	1,349	(5,694)	7,646	(3,440)
Corebridge noncontrolling interests		(72)	610	2,053
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, net		(104)	130	(250)
Change in deferred tax asset (liability)		23	(28)	54
Corebridge deconsolidation, net of tax			330
Other comprehensive income (loss)	0	(81)	432	(196)
Corebridge noncontrolling interests		(2)	33	52
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	(12)	1,470	947	1,474
Change in deferred tax asset (liability)	58	(323)	(166)	(374)
Corebridge deconsolidation, net of tax			(1,583)
Other comprehensive income (loss)	46	1,147	(802)	1,100
Corebridge noncontrolling interests		14	(105)	(331)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in foreign currency translation adjustments	427	(279)	173	(323)
Change in deferred tax asset (liability)	(13)	10	(14)	(33)
Corebridge deconsolidation, net of tax			(88)
Other comprehensive income (loss)	414	(269)	71	(356)
Corebridge noncontrolling interests		0	(3)	(10)
Retirement Plan Liabilities Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Change in net actuarial loss	2	62	19	167
Change in prior service cost	(1)	1	2	3
Change in deferred tax asset (liability)		(18)	(4)	(45)
Other comprehensive income (loss)	$ 1	45	17	125
Corebridge noncontrolling interests		$ 0	$ 0	$ (1)

Equity - Schedule of Other Comp

Equity - Schedule of Other Comprehensive Income (Loss) Reclassification Adjustments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Other Comprehensive Income (Loss) Reclassification Adjustments
Other comprehensive income (loss)	$ 1,847	$ (4,918)	$ 7,484	$ (2,743)
Noncontrolling interests
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	1,967	(5,934)	217	(4,113)
Less: Reclassification adjustments included in net income	(92)	(169)	(7,591)	(979)
Total other comprehensive income (loss), before of income tax expense (benefit)	2,059	(5,765)	7,808	(3,134)
Less: Income tax expense (benefit)	212	(847)	324	(391)
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	45	(80)	98	10
Less: Reclassification adjustments included in net income	0	0	(42)	(23)
Total other comprehensive income (loss), before of income tax expense (benefit)	45	(80)	140	33
Less: Income tax expense (benefit)	8	(14)	20	9
Other comprehensive income (loss)	37	(66)	120	24
Unrealized Appreciation (Depreciation) of All Other Investments
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	1,514	(6,998)	(1,129)	(5,171)
Less: Reclassification adjustments included in net income	(84)	(163)	(8,867)	(933)
Total other comprehensive income (loss), before of income tax expense (benefit)	1,598	(6,835)	7,738	(4,238)
Less: Income tax expense (benefit)	249	(1,141)	92	(798)
Other comprehensive income (loss)	1,349	(5,694)	7,646	(3,440)
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	0	(104)	130	(250)
Less: Reclassification adjustments included in net income	0	0	(330)	0
Total other comprehensive income (loss), before of income tax expense (benefit)	0	(104)	460	(250)
Less: Income tax expense (benefit)	0	(23)	28	(54)
Other comprehensive income (loss)	0	(81)	432	(196)
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(12)	1,470	947	1,474
Less: Reclassification adjustments included in net income	0	0	1,583	0
Total other comprehensive income (loss), before of income tax expense (benefit)	(12)	1,470	(636)	1,474
Less: Income tax expense (benefit)	(58)	323	166	374
Other comprehensive income (loss)	46	1,147	(802)	1,100
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	427	(279)	173	(323)
Less: Reclassification adjustments included in net income	0	0	88	0
Total other comprehensive income (loss), before of income tax expense (benefit)	427	(279)	85	(323)
Less: Income tax expense (benefit)	13	(10)	14	33
Other comprehensive income (loss)	414	(269)	71	(356)
Retirement Plan Liabilities Adjustment
Other Comprehensive Income (Loss) Reclassification Adjustments
Unrealized change arising during period	(7)	57	(2)	147
Less: Reclassification adjustments included in net income	(8)	(6)	(23)	(23)
Total other comprehensive income (loss), before of income tax expense (benefit)	1	63	21	170
Less: Income tax expense (benefit)	0	18	4	45
Other comprehensive income (loss)	$ 1	$ 45	$ 17	$ 125

Equity - Schedule of Effect of

Equity - Schedule of Effect of the Reclassification of Significant Items out of Accumulated Other Comprehensive Income on the Respective Line Items in the Consolidated Statements of Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net realized gains (losses)	$ (167)	$ (135)	$ (434)	$ (660)
Net income (loss) attributable to AIG	459	2,027	(2,302)	3,550
Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to AIG	(92)	(169)	(7,591)	(979)
Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken \| Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net realized gains (losses)			0	(23)
Net income (loss) attributable to AIG			0	(23)
Unrealized appreciation (depreciation) of all other investments \| Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net realized gains (losses)	(84)	(163)	(354)	(933)
Net income (loss) attributable to AIG	(84)	(163)	(354)	(933)
Change in retirement plan liabilities adjustment \| Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to AIG	(8)	(6)	(23)	(23)
Prior-service credit \| Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to AIG	0	(1)	(1)	(2)
Actuarial losses \| Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to AIG	$ (8)	$ (5)	(22)	(21)
Corebridge deconsolidation, net of tax \| Amount Reclassified from AOCI
Reclassification of significant items out of Accumulated Other Comprehensive Income
Net income (loss) attributable to AIG			$ (7,214)	$ 0

Earnings Per Common Share (EP_3

Earnings Per Common Share (EPS) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator for EPS:
Income from continuing operations	$ 481	$ 701	$ 1,753	$ 1,879
Less: Preferred stock dividends and preferred stock redemption premiums	0	7	22	22
Income attributable to AIG common shareholders from continuing operations	481	694	1,731	1,857
Income (loss) from discontinued operations, net of income tax expense	(24)	2,046	(3,580)	2,472
Less: Net income (loss) attributable to noncontrolling interests	(2)	720	475	801
Net income (loss) from discontinued operations attributable to AIG	(22)	1,326	(4,055)	1,671
Net income (loss) attributable to AIG common shareholders	$ 459	$ 2,020	$ (2,324)	$ 3,528
Denominator for EPS:
Weighted average common shares outstanding - basic (in shares)	641,621,768	712,598,496	661,691,554	725,579,999
Dilutive common shares (in shares)	5,743,674	6,128,816	5,663,515	5,453,046
Weighted average common shares outstanding - diluted (in shares)	647,365,442	718,727,312	667,355,069	731,033,045
Basic:
Income from continuing operations (in dollars per share)	$ 0.75	$ 0.97	$ 2.62	$ 2.56
Income (loss) from discontinued operations (in dollars per share)	(0.03)	1.86	(6.13)	2.30
Net income (loss) attributable to AIG common shareholders (in dollars per share)	0.72	2.83	(3.51)	4.86
Diluted:
Income from continuing operations (in dollars per share)	0.74	0.97	2.59	2.54
Income (loss) from discontinued operations (in dollars per share)	(0.03)	1.84	(6.07)	2.29
Net income (loss) attributable to AIG common shareholders (in dollars per share)	$ 0.71	$ 2.81	$ (3.48)	$ 4.83
Number of shares excluded from diluted shares outstanding because the effect would have been anti-dilutive (in shares)	100,000	5,100,000	100,000	5,400,000

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Operating Loss Carryforwards [Line Items]
Effective tax rates on income from continuing operations (as a percent)	25.90%	36.30%	24.60%	21.30%
U.S. federal income tax at statutory rate (as a percent)	21%	21%	21%	21%
Valuation allowance related to certain tax attribute carryforward	$ 300		$ 300
Gross unrecognized tax benefits, beginning of year	1,400		1,400		$ 1,400
Unrecognized tax benefits, if recognized would favorably affect the effective tax rate	1,400		1,400		1,400
Unrecognized tax benefits, interest and penalties accrued	53		53		$ 52
Unrecognized tax benefits, interest net of the federal (benefit) expense and penalties			1	$ (5)
Foreign
Operating Loss Carryforwards [Line Items]
Deferred tax asset, increase (decrease) in valuation allowance recognized			(15)
U.S. And Non-U.S. Life Insurance Companies, Available-for-Sale Portfolio
Operating Loss Carryforwards [Line Items]
Valuation allowance	369		369
Non U.S.. Life Insurance Companies, Available-for-Sale Portfolio
Operating Loss Carryforwards [Line Items]
Deferred tax asset, increase (decrease) in valuation allowance recognized	$ (204)		$ (181)

Subsequent Events (Details)

Subsequent Events (Details) - Zero Coupon Callable Notes Due 2047 - Senior Notes - Subsequent event	Oct. 21, 2024 USD ($)
Subsequent Event [Line Items]
Interest rate (as a percent)	0%
Principal amount redeemed (as a percent)	135.631%
Long-term debt	$ 400,000,000