XML 70 R58.htm IDEA: XBRL DOCUMENT v3.20.2
INSURANCE LIABILITIES - Rollforward of Liability and Reinsurance Ceded (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
GMDB Direct                
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]                
Opening Balance $ 5,116 $ 4,767 $ 5,116 $ 4,767 $ 5,004 $ 4,780 $ 4,714 $ 4,662
Paid guarantee benefits (121) (102) (372) (328)        
Other changes in reserves 233 155 708 433        
Closing Balance 5,116 4,767 5,116 4,767 5,004 4,780 4,714 4,662
GMDB Assumed                
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]                
Opening Balance 68 74 68 74 70 76 76 82
Paid guarantee benefits (6) (6) (16) (17)        
Other changes in reserves 4 4 8 9        
Closing Balance 68 74 68 74 70 76 76 82
GMDB Ceded                
Guaranteed Minimum Death Benefit Reinsurance Ceded [Roll Forward]                
Opening Balance (105) (106) (104) (113)        
Paid guarantee benefits 3 3 11 11        
Other changes in reserve 10 (4) 1 (5)        
Ending Balance (92) (107) (92) (107)        
GMIB Direct                
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]                
Opening Balance 6,125 4,667 6,125 4,667 6,122 4,673 3,759 3,746
Paid guarantee benefits (110) (71) (287) (183)        
Other changes in reserves 113 979 1,739 1,104        
Closing Balance 6,125 4,667 6,125 4,667 6,122 4,673 3,759 3,746
GMIB Assumed                
Movement in Liabilities for Guarantees on Long-Duration Contracts, Guaranteed Benefit Liability, Gross [Roll Forward]                
Opening Balance 220 205 220 205 232 187 192 184
Paid guarantee benefits (9) 15 39 25        
Other changes in reserves (3) (2) (6) (4)        
Closing Balance 220 205 220 205 $ 232 $ 187 $ 192 $ 184
GMIB Ceded                
Guaranteed Minimum Death Benefit Reinsurance Ceded [Roll Forward]                
Opening Balance (2,931) (1,897) (2,139) (1,733)        
Paid guarantee benefits 21 20 58 55        
Other changes in reserve 92 (576) (737) (775)        
Ending Balance $ (2,818) $ (2,453) $ (2,818) $ (2,453)