XML 185 R106.htm IDEA: XBRL DOCUMENT v3.6.0.2
REINSURANCE (Details - Long-Duration Reinsurance)
$ in Millions
12 Months Ended
Jul. 01, 2016
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Feb. 07, 2014
USD ($)
item
Dec. 31, 2013
USD ($)
Premiums earned:            
Reinsurance recoveries, which reduced policyholder benefits and claims incurred           $ 17,231
Letters of credit            
Letter of credit outstanding   $ 140        
New letter of credit            
Letters of credit            
Letters of credit obtained on a bilateral basis related to long-duration intercompany reinsurance transactions         $ 450  
Number of new bilateral letters of credit | item         2  
Long-duration insurance in force            
Premiums earned:            
Reinsurance recoveries, which reduced policyholder benefits and claims incurred   1,000 $ 1,000 $ 731    
Life insurance ratios            
Long-duration insurance in force ceded   $ 174,363 $ 177,025 $ 180,178    
Assumed insurance as a percentage of gross long-duration insurance in force   0.03% 0.04% 0.04%    
Assumed insurance as a percent of gross premiums   3.00% 0.10% 0.50%    
Life insurance companies            
Premiums earned:            
Direct   $ 4,732 $ 5,240 $ 4,070    
Ceded   (789) (756) (661)    
Net   3,943 $ 4,484 $ 3,409    
Letters of credit            
Ceded Statutory Reserves $ 5,000 $ 14,000