XML 178 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Liability For Unpaid Claims (Tables)
12 Months Ended
Dec. 31, 2019
Liability For Unpaid Claims [Abstract]  
Changes In Liability For Unpaid Claims

For the Years Ended December 31,

2019

2018

2017

Balance as of beginning-of-year

$

5,335

$

2,222

$

2,242

Reinsurance recoverable

143

57

69

Net balance as of beginning-of-year

5,192

2,165

2,173

Business acquired (1)

-

2,842

-

Incurred related to:

Current year

3,193

2,531

1,346

Prior years:

Interest

151

120

69

All other incurred (2)

(308

)

(208

)

(76

)

Total incurred

3,036

2,443

1,339

Paid related to:

Current year

(1,518

)

(1,197

)

(798

)

Prior years

(1,310

)

(1,061

)

(549

)

Total paid

(2,828

)

(2,258

)

(1,347

)

Net balance as of end-of-year

5,400

5,192

2,165

Reinsurance recoverable

152

143

57

Balance as of end-of-year

$

5,552

$

5,335

$

2,222

(1)Represents acquired 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.