XML 58 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
DAC, VOBA, DSI and DFEL (Tables)
 12 Months Ended
Dec. 31, 2018
DAC, VOBA, DSI and DFEL [Abstract]  
DAC



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



For the Years Ended December 31,

 



2018

 

2017

 

2016

 

Balance as of beginning-of-year

$

 7,887

 

$

 8,243

 

$

 8,617

 

Business acquired (sold) through reinsurance

 

 (246

)

 

 -

 

 

 -

 

Deferrals

 

 1,600

 

 

 1,348

 

 

 1,344

 

Amortization, net of interest:

 

 

 

 

 

 

 

 

 

Amortization, excluding unlocking, net of interest

 

 (951

)

 

 (965

)

 

 (981

)

Unlocking

 

 (115

)

 

 61

 

 

 (276

)

Adjustment related to realized gains (losses)

 

 (47

)

 

 (12

)

 

 22

 

Adjustment related to unrealized gains (losses)

 

 1,320

 

 

 (788

)

 

 (483

)

Balance as of end-of-year

$

 9,448

 

$

 7,887

 

$

 8,243

 



VOBA



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



For the Years Ended December 31,

 



2018

 

2017

 

2016

 

Balance as of beginning-of-year

$

 516

 

$

 891

 

$

 893

 

Business acquired (sold) through reinsurance

 

 (11

)

 

 -

 

 

 -

 

Business acquired

 

 30

 

 

 -

 

 

 -

 

Deferrals

 

 7

 

 

 7

 

 

 3

 

Amortization:

 

 

 

 

 

 

 

 

 

Amortization, excluding unlocking

 

 (127

)

 

 (105

)

 

 (108

)

Unlocking

 

 (60

)

 

 (48

)

 

 36

 

Accretion of interest (1)

 

 48

 

 

 52

 

 

 52

 

Adjustment related to realized gains (losses)

 

 (2

)

 

 (1

)

 

 (2

)

Adjustment related to unrealized gains (losses)

 

 415

 

 

 (280

)

 

 17

 

Balance as of end-of-year

$

 816

 

$

 516

 

$

 891

 



(1)

The interest accrual rates utilized to calculate the accretion of interest ranged from 4.2% to 6.9%.



Estimated Future Amortization Of VOBA



 

 

 



 

 

 

2019

$

 81 

 

2020

 

 77 

 

2021

 

 73 

 

2022

 

 67 

 

2023

 

 64 

 



DSI



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



For the Years Ended December 31,

 



2018

 

2017

 

2016

 

Balance as of beginning-of-year

$

 238

 

$

 243

 

$

 256

 

Business acquired (sold) through reinsurance

 

 (21

)

 

 -

 

 

 -

 

Deferrals

 

 47

 

 

 29

 

 

 24

 

Amortization, net of interest:

 

 

 

 

 

 

 

 

 

Amortization, excluding unlocking, net of interest

 

 (28

)

 

 (30

)

 

 (32

)

Unlocking

 

 -

 

 

 (4

)

 

 (2

)

Adjustment related to realized gains (losses)

 

 (1

)

 

 (1

)

 

 (1

)

Adjustment related to unrealized gains (losses)

 

 13

 

 

 1

 

 

 (2

)

Balance as of end-of-year

$

 248

 

$

 238

 

$

 243

 



DFEL



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



For the Years Ended December 31,

 



2018

 

2017

 

2016

 

Balance as of beginning-of-year

$

 1,445

 

$

 1,874

 

$

 1,952

 

Deferrals

 

 875

 

 

 755

 

 

 631

 

Amortization, net of interest:

 

 

 

 

 

 

 

 

 

Amortization, excluding unlocking, net of interest

 

 (482

)

 

 (396

)

 

 (365

)

Unlocking

 

 (53

)

 

 1

 

 

 (63

)

Adjustment related to realized (gains) losses

 

 (20

)

 

 (14

)

 

 (3

)

Adjustment related to unrealized (gains) losses

 

 1,004

 

 

 (775

)

 

 (278

)

Balance as of end-of-year

$

 2,769

 

$

 1,445

 

$

 1,874