Transactions With Affiliates (Tables)

12 Months Ended

Dec. 31, 2022

Transactions With Affiliates [Abstract]

Schedule Of Transactions With Affiliates

	As of December 31,
	2022			2021
Assets with affiliates:
Inter-company notes	$	1,216		$	1,474		Fixed maturity AFS securities
Ceded reinsurance contracts		(67	)		(150	)	Deferred acquisition costs and value of
							business acquired
Accrued inter-company interest receivable		13			11		Accrued investment income
Ceded reinsurance contracts		4,388			2,867		Reinsurance recoverables, net of allowance
							for credit losses
Ceded reinsurance contracts		676			529		Other assets
Cash management agreement		124			3,854		Other assets
Service agreement receivable		6			64		Other assets
Liabilities with affiliates:
Assumed reinsurance contracts		16			21		Future contract benefits
Assumed reinsurance contracts		361			364		Other contract holder funds
Ceded reinsurance contracts		(7	)		(37	)	Other contract holder funds
Inter-company short-term debt		562			1,084		Short-term debt
Inter-company long-term debt		2,269			2,334		Long-term debt
Ceded reinsurance contracts		4,421			7,463		Other liabilities
Accrued inter-company interest payable		15			4		Other liabilities
Service agreement payable		41			35		Other liabilities

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

	For the Years Ended December 31,
	2022			2021			2020
Revenues with affiliates:
Premiums received on assumed (paid on ceded)
reinsurance contracts	$	(449	)	$	(463	)	$	(439	)	Insurance premiums
Fees for management of general account		(140	)		(138	)		(140	)	Net investment income
Net investment income on ceded funds withheld treaties		(161	)		(113	)		(119	)	Net investment income
Net investment income on inter-company notes		40			29			40		Net investment income
Realized gains (losses) on ceded reinsurance contracts:
GLB reserves embedded derivatives		278			(1,301	)		(30	)	Realized gain (loss)
Other gains (losses)		631			94			(175	)	Realized gain (loss)
Reinsurance-related settlements		(1,068	)		1,626			193		Realized gain (loss)
Amortization of deferred gain (loss) on reinsurance
contracts		3			3			3		Amortization of deferred gain
										(loss) on business sold
										through reinsurance
Benefits and expenses with affiliates:
Interest credited on assumed reinsurance contracts		47			48			45		Interest credited
Reinsurance (recoveries) benefits on ceded reinsurance		(1,715	)		(443	)		(585	)	Benefits
Ceded reinsurance contracts		(86	)		-			(1	)	Commissions and other
										expenses
Service agreement payments (receipts)		(53	)		(29	)		(17	)	Commissions and other
										expenses
Interest expense on inter-company debt		120			107			116		Interest and debt expense