XML 52 R44.htm IDEA: XBRL DOCUMENT

MRBs (Tables)

12 Months Ended

Dec. 31, 2022

MRBs [Abstract]

Reconciles of MRBs Assets and Liabilities



	As of December 31, 2022									As of December 31, 2021
							Net									Net
							(Assets)									(Assets)
	Assets			Liabilities			Liabilities			Assets			Liabilities			Liabilities
Variable Annuities	$	2,666		$	2,004		$	(662	)	$	1,784		$	4,182		$	2,398
Fixed Annuities		117			72			(45	)		91			205			114
Retirement Plan Services		24			2			(22	)		13			12			(1	)
Total MRBs	$	2,807		$	2,078		$	(729	)	$	1,888		$	4,399		$	2,511

Summary of Balances of Changes in Net MRB (Assets) Liabilities



	As of or For the Year Ended									As of or For the Year Ended
	December 31, 2022									December 31, 2021
							Retirement									Retirement
	Variable			Fixed			Plan			Variable			Fixed			Plan
	Annuities			Annuities			Services			Annuities			Annuities			Services
Balance as of beginning-of-year	$	2,398		$	114		$	(1	)	$	5,207		$	118		$	9
Balance as of beginning-of-year, before the effect
of changes in non-performance risk		4,823			158			12			8,799			170			21
Issuances		12			-			(3	)		29			-			1
Attributed fees collected		1,571			32			6			1,667			32			5
Benefit payments		(63	)		-			-			(24	)		-			-
Effect of changes in interest rates		(9,346	)		(232	)		(55	)		(2,935	)		(57	)		(8	)
Effect of changes in equity markets		4,293			12			18			(2,837	)		(5	)		(12	)
Effect of changes in equity index volatility		(225	)		14			(1	)		(6	)		(2	)		(1	)
In-force updates and other changes in MRBs ⁽¹⁾		661			10			3			(134	)		8			5
Effect of changes in future expected
policyholder behavior		(158	)		1			-			293			12			1
Effect of changes in other future expected
assumptions ⁽²⁾		(57	)		-			-			(29	)		-			-
Balance as of end-of-year, before the effect of
changes in non-performance risk		1,511			(5	)		(20	)		4,823			158			12
Effect of cumulative changes in
non-performance risk		(2,173	)		(40	)		(2	)		(2,425	)		(44	)		(13	)
Balance as of end-of-year		(662	)		(45	)		(22	)		2,398			114			(1	)
Less: ceded MRB assets (liabilities)		(193	)		-			-			78			-			-
Balance as of end-of-year, net of reinsurance	$	(469	)	$	(45	)	$	(22	)	$	2,320		$	114		$	(1	)

Weighted-average age of policyholders (years)		71			68			63			71			67			62
Net amount at risk ⁽³⁾		7,974			171			15			906			122			3

⁽¹⁾