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Investments (Tables)
 9 Months Ended
Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract]  
Investments Classified by Contractual Maturity Date [Table Text Block]
The amortized cost and fair value of fixed maturity available-for-sale securities by contractual maturities, as applicable, are shown below. Actual maturities may differ from contractual maturities because issuers may have the right to call or pre-pay obligations.
 
September 30, 2018
 
Amortized Cost
 
 Fair Value
Corporates, Non-structured Hybrids, Municipal and Government securities:
 
 
 
Due in one year or less
$
242

 
$
241

Due after one year through five years
1,055

 
1,039

Due after five years through ten years
2,462

 
2,384

Due after ten years
11,195

 
10,601

Subtotal
14,954

 
14,265

Other securities which provide for periodic payments:
 
 
 
Asset-backed securities
3,705

 
3,682

Commercial mortgage-backed securities
1,808

 
1,794

Residential mortgage-backed securities
1,676

 
1,680

Subtotal
7,189

 
7,156

Total fixed maturity available-for-sale securities
$
22,143

 
$
21,421
Consolidated Investments
The Company's equity securities investments are carried at fair value with unrealized gains and losses included in net income. The Company’s consolidated investments at September 30, 2018 and December 31, 2017 are summarized as follows:          
 
September 30, 2018
 
 Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Carrying Value
Available-for sale securities
 
 
 
 
 
 
 
 
 
Asset-backed securities
$
3,705

 
$
5

 
$
(28
)
 
$
3,682

 
$
3,682

Commercial mortgage-backed securities
1,808

 
11

 
(25
)
 
1,794

 
1,794

Corporates
12,227

 
15

 
(608
)
 
11,634

 
11,634

Hybrids
986

 
1

 
(36
)
 
951

 
951

Municipals
1,434

 
—

 
(53
)
 
1,381

 
1,381

Residential mortgage-backed securities
1,676

 
13

 
(9
)
 
1,680

 
1,680

U.S. Government
141

 
—

 
(2
)
 
139

 
139

Foreign Governments
166

 
—

 
(6
)
 
160

 
160

Total available-for-sale securities
22,143

 
45

 
(767
)
 
21,421

 
21,421

Equity securities
1,490

 
2

 
(52
)
 
1,440

 
1,440

Derivative investments
319

 
135

 
(22
)
 
432

 
432

Short term investments
15

 
—

 
—

 
15

 
15

Commercial mortgage loans
497

 
—

 
—

 
488

 
497

Other invested assets
606

 
—

 
—

 
602

 
606

Total investments
$
25,070

 
$
182

 
$
(841
)
 
$
24,398

 
$
24,411

 
December 31, 2017
 
 Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Carrying Value
Available-for sale securities
 
 
 
 
 
 
 
 
 
Asset-backed securities
$
3,061

 
$
7

 
$
(3
)
 
$
3,065

 
$
3,065

Commercial mortgage-backed securities
956

 
1

 
(1
)
 
956

 
956

Corporates
12,467

 
122

 
(19
)
 
12,570

 
12,570

Hybrids
1,066

 
4

 
(3
)
 
1,067

 
1,067

Municipals
1,736

 
12

 
(1
)
 
1,747

 
1,747

Residential mortgage-backed securities
1,279

 
1

 
(3
)
 
1,277

 
1,277

U.S. Government
84

 
—

 
—

 
84

 
84

Foreign Governments
198

 
—

 
(1
)
 
197

 
197

Total available-for-sale securities
20,847

 
147

 
(31
)
 
20,963

 
20,963

Equity securities
1,392

 
3

 
(7
)
 
1,388

 
1,388

Derivative investments
459

 
36

 
(3
)
 
492

 
492

Short term investments
25

 
—

 
—

 
25

 
25

Commercial mortgage loans
548

 
—

 
—

 
549

 
548

Other invested assets
188

 
—

 
—

 
186

 
188

Total investments
$
23,459

 
$
186

 
$
(41
)
 
$
23,603

 
$
23,604
Fair Value and Gross Unrealized Losses of Available-for-Sale-Securities
The fair value and gross unrealized losses of available-for-sale securities, aggregated by investment category and duration of fair value below amortized cost, were as follows:
 
September 30, 2018
 
Less than 12 months
 
12 months or longer
 
Total
 
Fair Value
 
Gross Unrealized
Losses
 
Fair Value
 
Gross Unrealized
Losses
 
Fair Value
 
Gross Unrealized
Losses
Available-for-sale securities
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
$
2,863

 
$
(28
)
 
$
—

 
$
—

 
$
2,863

 
$
(28
)
Commercial mortgage-backed securities
1,208

 
(25
)
 
—

 
—

 
1,208

 
(25
)
Corporates
10,956

 
(608
)
 
—

 
—

 
10,956

 
(608
)
Hybrids
796

 
(36
)
 
—

 
—

 
796

 
(36
)
Municipals
1,356

 
(53
)
 
—

 
—

 
1,356

 
(53
)
Residential mortgage-backed securities
898

 
(9
)
 
—

 
—

 
898

 
(9
)
U.S. Government
139

 
(2
)
 
—

 
—

 
139

 
(2
)
Foreign Government
143

 
(6
)
 
—

 
—

 
143

 
(6
)
Total available-for-sale securities
$
18,359

 
$
(767
)
 
$
—

 
$
—

 
$
18,359

 
$
(767
)
Total number of available-for-sale securities in an unrealized loss position less than twelve months
 
 
 
 
 
 
 
 
 
 
2,049

Total number of available-for-sale securities in an unrealized loss position twelve months or longer
 
 
 
 
 
 
 
 
 
 
0

Total number of available-for-sale securities in an unrealized loss position
 
 
 
 
 
 
 
 
 
 
2,049


 
December 31, 2017
 
Less than 12 months
 
12 months or longer
 
Total
 
Fair Value
 
Gross Unrealized
Losses
 
Fair Value
 
Gross Unrealized
Losses
 
Fair Value
 
Gross Unrealized
Losses
Available-for-sale securities
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securities
$
1,944

 
$
(3
)
 
$
—

 
$
—

 
$
1,944

 
$
(3
)
Commercial mortgage-backed securities
478

 
(1
)
 
—

 
—

 
478

 
(1
)
Corporates
3,814

 
(19
)
 
—

 
—

 
3,814

 
(19
)
Hybrids
266

 
(3
)
 
—

 
—

 
266

 
(3
)
Municipals
285

 
(1
)
 
—

 
—

 
285

 
(1
)
Residential mortgage-backed securities
939

 
(3
)
 
—

 
—

 
939

 
(3
)
U.S. Government
74

 
—

 
—

 
—

 
74

 
—

Foreign Government
140

 
(1
)
 
—

 
—

 
140

 
(1
)
Total available-for-sale securities
$
7,940

 
$
(31
)
 
$
—

 
$
—

 
$
7,940

 
$
(31
)
Total number of available-for-sale securities in an unrealized loss position less than twelve months
 
 
 
 
 
 
 
 
 
 
1,182

Total number of available-for-sale securities in an unrealized loss position twelve months or longer
 
 
 
 
 
 
 
 
 
 
0

Total number of available-for-sale securities in an unrealized loss position
 
 
 
 
 
 
 
 
 
 
1,182
Reconciliation of Other-than-Temporary Impairment on Fixed Maturity
The following table breaks out the credit impairment loss type, the associated amortized cost and fair value of the investments at the balance sheet date and non-credit losses in relation to fixed maturity securities and other invested assets held by the Company for the three and nine months ended September 30, 2018 and 2017 (Predecessor):
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
Predecessor
 
 
 
Predecessor
Credit impairment losses in operations
 
$
—

 
$
—

 
$
(2
)
 
$
(21
)
Change-of-intent losses in operations
 
—

 
—

 
—

 
—

Amortized cost
 
—

 
—

 
—

 
—

Fair value
 
—

 
—

 
—

 
—

Non-credit losses in other comprehensive income for investments which experienced OTTI
 
—

 
—

 
—

 
—

The following table provides a reconciliation of the beginning and ending balances of the credit loss portion of OTTI on fixed maturity available-for-sale securities held by the Company for the three and nine months ended September 30, 2018 and 2017 (Predecessor), for which a portion of the OTTI was recognized in AOCI:
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
Predecessor
 
 
 
Predecessor
Beginning balance
 
$
—

 
$
3

 
$
—

 
$
3

Increases attributable to credit losses on securities:
 
 
 
 
 
 
 
 
OTTI was previously recognized
 
—

 
—

 
—

 
—

OTTI was not previously recognized
 
—

 
—

 
—

 
—

Ending balance
 
$
—

 
$
3

 
$
—

 
$
3

Details of OTTI that were recognized in "Net income (loss)" and included in net realized gains on securities were as follows:
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
 
 
Predecessor
 
 
 
Predecessor
OTTI Recognized in Net Income (Loss)
 
 
 
 
 
 
 
 
Asset-backed securities
 
$
—

 
$
—

 
$
—

 
$
(1
)
Corporates
 
—

 
—

 
(2
)
 
(20
)
Other invested assets
 
—

 
—

 
—

 
—

Total
 
$
—

 
$
—

 
$
(2
)
 
$
(21
)
Schedule of Accounts, Notes, Loans and Financing Receivable
The Company believes that the LTV ratio is an indicator of the principal recovery risk for loans that default.
The distribution of CMLs, gross of valuation allowances, by property type and geographic region is reflected in the following tables:
 
 
September 30, 2018
 
December 31, 2017
 
 
Gross Carrying Value
 
% of Total
 
Gross Carrying Value
 
% of Total
Property Type:
 
 
 
 
 
 
 
 
Hotel
 
22

 
4
%
 
22

 
4
%
Industrial - General
 
45

 
9
%
 
46

 
9
%
Industrial - Warehouse
 
12

 
2
%
 
38

 
6
%
Multifamily
 
69

 
14
%
 
70

 
13
%
Office
 
147

 
30
%
 
158

 
29
%
Retail
 
202

 
41
%
 
214

 
39
%
Total commercial mortgage loans, gross of valuation allowance
 
$
497

 
100
%
 
$
548

 
100
%
Allowance for loan loss
 
—

 
 
 
—

 
 
Total commercial mortgage loans
 
$
497

 
 
 
$
548

 
 
 
 
 
 
 
 
 
 
 
U.S. Region:
 
 
 
 
 
 
 
 
East North Central
 
$
111

 
22
%
 
$
108

 
20
%
East South Central
 
20

 
4
%
 
20

 
4
%
Middle Atlantic
 
79

 
16
%
 
85

 
15
%
Mountain
 
65

 
13
%
 
67

 
12
%
New England
 
10

 
2
%
 
14

 
3
%
Pacific
 
116

 
23
%
 
135

 
25
%
South Atlantic
 
58

 
12
%
 
65

 
12
%
West North Central
 
13

 
3
%
 
13

 
2
%
West South Central
 
25

 
5
%
 
41

 
7
%
Total commercial mortgage loans, gross of valuation allowance
 
$
497

 
100
%
 
$
548

 
100
%
Allowance for loan loss
 
—

 
 
 
—

 
 
Total commercial mortgage loans
 
$
497

 
 
 
$
548

 
 
Schedule of Investment in Mortgage Loans by Loan to Value and Debt Service Coverage Ratios
The following table presents the recorded investment in CMLs by LTV and DSC ratio categories and estimated fair value by the indicated loan-to-value ratios at September 30, 2018 and December 31, 2017:
 
Debt-Service Coverage Ratios
 
Total Amount
 
% of Total
 
Estimated Fair Value
 
% of Total
 
>1.25
 
1.00 - 1.25
 
 
 
 
September 30, 2018
 
 
 
 
 
 
 
 
 
 
 
LTV Ratios:
 
 
 
 
 
 
 
 
 
 
 
Less than 50%
$
256

 
$
—

 
$
256

 
52
%
 
$
252

 
52
%
50% to 60%
222

 
7

 
229

 
46
%
 
225

 
46
%
60% to 75%
12

 
—

 
12

 
2
%
 
11

 
2
%
Commercial mortgage loans
$
490

 
$
7

 
$
497

 
100
%
 
$
488

 
100
%
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
LTV Ratios:
 
 
 
 
 
 
 
 
 
 
 
Less than 50%
$
293

 
$
—

 
$
293

 
54
%
 
$
294

 
54
%
50% to 60%
236

 
7

 
243

 
44
%
 
243

 
44
%
60% to 75%
12

 
—

 
12

 
2
%
 
12

 
2
%
Commercial mortgage loans
$
541

 
$
7

 
$
548

 
100
%
 
$
549

 
100
%