Liability For Unpaid Claims (Tables)

6 Months Ended

Jun. 30, 2019

Liability For Unpaid Claims [Abstract]



	For the Six
	Months Ended
	June 30,
	2019			2018
Balance as of beginning-of-year	$	5,335		$	2,222
Reinsurance recoverable		143			57
Net balance as of beginning-of-year		5,192			2,165
Business acquired ⁽¹⁾		-			2,836
Incurred related to:
Current year		1,577			986
Prior years:
Interest		80			50
All other incurred ⁽²⁾		(144	)		(87	)
Total incurred		1,513			949
Paid related to:
Current year		(593	)		(393	)
Prior years		(810	)		(517	)
Total paid		(1,403	)		(910	)
Net balance as of end-of-period		5,302			5,040
Reinsurance recoverable		147			136
Balance as of end-of-period	$	5,449		$	5,176

⁽¹⁾Represents Liberty group life and disability reserves, net, as of May 1, 2018. See Note 3 for additional information.

⁽²⁾All other incurred is primarily impacted by the level of claim resolutions in the period compared to that which is expected by the reserve assumption. A negative number implies a favorable result where claim resolutions were more favorable than assumed. Our claim resolution rate assumption used in determining reserves is our expectation of the resolution rate we will experience over the long-term life of the block of claims. It will vary from actual experience in any one period, both favorably and unfavorably.