XML 138 R116.htm IDEA: XBRL DOCUMENT v3.24.0.1
Reinsurance (Effects of Reinsurance on Balance Sheet) (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Jan. 01, 2021
Assets        
Premiums, reinsurance and other receivables relating to variable interest entities $ 28,971 $ 17,364   $ 18,169
Market risk benefits, at estimated fair value 286 280    
Deferred policy acquisition costs and value of business acquired 20,151 19,653 $ 19,806 20,417
Total assets 49,408 37,297    
Liabilities        
Net liability for future policy benefits 196,406 187,222   224,358
Policyholder account balances 219,269 210,597    
Market risk benefits, at estimated fair value 3,179 3,763   7,901
Other policy-related balances 19,736 18,424   $ 18,032
Other liabilities 35,805 25,933    
Total liabilities 255,126 235,342    
Direct Reinsurance [Member]        
Assets        
Premiums, reinsurance and other receivables relating to variable interest entities 6,044 5,427    
Market risk benefits, at estimated fair value 279 273    
Deferred policy acquisition costs and value of business acquired 20,297 19,522    
Total assets 26,620 25,222    
Liabilities        
Net liability for future policy benefits 192,424 183,377    
Market risk benefits, at estimated fair value 3,141 3,591    
Other policy-related balances 18,852 17,250    
Other liabilities 27,125 18,654    
Total liabilities 241,542 222,872    
Assumed Reinsurance [Member]        
Assets        
Premiums, reinsurance and other receivables relating to variable interest entities 1,405 1,505    
Market risk benefits, at estimated fair value 7 7    
Deferred policy acquisition costs and value of business acquired 353 352    
Total assets 1,765 1,864    
Liabilities        
Net liability for future policy benefits 3,982 3,845    
Market risk benefits, at estimated fair value 38 172    
Other policy-related balances 1,152 1,183    
Other liabilities 1,892 2,006    
Total liabilities 7,064 7,206    
Ceded Reinsurance [Member]        
Assets        
Premiums, reinsurance and other receivables relating to variable interest entities 21,522 10,432    
Market risk benefits, at estimated fair value 0 0    
Deferred policy acquisition costs and value of business acquired (499) (221)    
Total assets 21,023 10,211    
Liabilities        
Net liability for future policy benefits 0 0    
Market risk benefits, at estimated fair value 0 0    
Other policy-related balances (268) (9)    
Other liabilities 6,788 5,273    
Total liabilities 6,520 $ 5,264    
Universal Life, Variable Universal Life, and Universal Life with Secondary Guarantees        
Liabilities        
Other liabilities $ 770