Transactions With Affiliates (Tables)

12 Months Ended

Dec. 31, 2019

Transactions With Affiliates [Abstract]

Schedule Of Transactions With Affiliates

	As of December 31,
	2019			2018
Assets with affiliates:
Inter-company notes	$	1,557		$	1,512		Fixed maturity AFS securities
Ceded reinsurance contracts		(115	)		(188	)	Deferred acquisition costs and value of
							business acquired
Accrued inter-company interest receivable		6			11		Accrued investment income
Ceded reinsurance contracts		2,473			2,574		Reinsurance recoverables
Ceded reinsurance contracts		-			191		Reinsurance related embedded derivatives
Ceded reinsurance contracts		228			235		Other assets
Cash management agreement		1,227			112		Other assets
Service agreement receivable		6			5		Other assets
Liabilities with affiliates:
Assumed reinsurance contracts		26			29		Future contract benefits
Assumed reinsurance contracts		390			400		Other contract holder funds
Ceded reinsurance contracts		(38	)		(46	)	Other contract holder funds
Inter-company short-term debt		609			288		Short-term debt
Inter-company long-term debt		2,414			2,401		Long-term debt
Ceded reinsurance contracts		46			-		Reinsurance related embedded derivatives
Ceded reinsurance contracts		3,757			3,120		Funds withheld reinsurance liabilities
Ceded reinsurance contracts		497			325		Other liabilities
Accrued inter-company interest payable		5			13		Other liabilities
Service agreement payable		22			56		Other liabilities

The following summarizes transactions with affiliates (in millions) and the associated line item on our Consolidated Statements of Comprehensive Income (Loss):

	For the Years Ended December 31,
	2019			2018			2017
Revenues with affiliates:
Premiums received on assumed (paid on ceded)	$
reinsurance contracts		(407	)	$	(404	)	$	(393	)	Insurance premiums
Fees for management of general account		(133	)		(106	)		(100	)	Net investment income
Net investment income on ceded funds withheld treaties		(139	)		(123	)		(84	)	Net investment income
Net investment income on inter-company notes		53			49			42		Net investment income
Realized gains (losses) on ceded reinsurance contracts:
GLB reserves embedded derivatives		(305	)		709			(1,055	)	Realized gain (loss)
Other gains (losses)		(301	)		237			(150	)	Realized gain (loss)
Reinsurance related settlements		472			(1,189	)		951		Realized gain (loss)
Amortization of deferred gain (loss) on reinsurance
contracts		(4	)		(5	)		(5	)	Amortization of deferred gain
										on business sold through
										reinsurance
Benefits and expenses with affiliates:
Interest credited on assumed reinsurance contracts		60			57			67		Interest credited
Reinsurance (recoveries) benefits on ceded reinsurance		(254	)		(610	)		(299	)	Benefits
Ceded reinsurance contracts		(19	)		(8	)		(12	)	Commissions and other
										expenses
Service agreement payments		15			3			3		Commissions and other
										expenses
Interest expense on inter-company debt		130			126			120		Interest and debt expense