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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2017
Reinsurance Disclosure [Line Items]  
Effects of reinsurance
The amounts on the consolidated balance sheets include the impact of reinsurance. Information regarding the significant effects of reinsurance was as follows at:
 
December 31,
 
2017

2016
 
Direct

Assumed

Ceded

Total
Balance
Sheet

Direct

Assumed

Ceded

Total
Balance
Sheet
 
(In millions)
Assets















Premiums, reinsurance and other receivables
$
367


$
43


$
12,508


$
12,918


$
1,161


$
23


$
12,669


$
13,853

Liabilities
















Policyholder account balances
$
36,359


$
710


$


$
37,069


$
35,838


$
741


$


$
36,579

Other policy-related balances
1,037

 
1,683

 

 
2,720

 
1,035

 
1,677

 

 
2,712

Other liabilities
3,724


(6
)

701


4,419


4,525


13


907


5,445

The amounts on the consolidated statements of operations include the impact of reinsurance. Information regarding the significant effects of reinsurance was as follows:
 
Years Ended December 31,
 
2017

2016

2015
 
(In millions)
Premiums





Direct premiums
$
1,731


$
2,226


$
2,404

Reinsurance assumed
13


81


296

Reinsurance ceded
(916
)

(1,127
)

(1,063
)
Net premiums
$
828


$
1,180


$
1,637

Universal life and investment-type product policy fees





Direct universal life and investment-type product policy fees
$
3,653


$
3,582


$
3,722

Reinsurance assumed
103


126


139

Reinsurance ceded
(600
)

(611
)

(568
)
Net universal life and investment-type product policy fees
$
3,156

 
$
3,097

 
$
3,293

Other revenues





Direct other revenues
$
260


$
271


$
271

Reinsurance assumed
29


89


2

Reinsurance ceded
47


349


160

Net other revenues
$
336

 
$
709

 
$
433

Policyholder benefits and claims





Direct policyholder benefits and claims
$
5,080


$
6,101


$
4,944

Reinsurance assumed
89


127


302

Reinsurance ceded
(1,575
)

(2,490
)

(2,159
)
Net policyholder benefits and claims
$
3,594

 
$
3,738

 
$
3,087

Affiliated Entity [Member]  
Reinsurance Disclosure [Line Items]  
Effects of reinsurance
Information regarding the significant effects of reinsurance with NELICO and former MetLife affiliates included on the consolidated statements of operations was as follows:

Years Ended December 31,

2017

2016

2015

(In millions)
Premiums





Reinsurance assumed
$
13

 
$
35

 
$
227

Reinsurance ceded
(537
)
 
(766
)
 
(687
)
Net premiums
$
(524
)
 
$
(731
)
 
$
(460
)
Universal life and investment-type product policy fees
 
 
 
 
 
Reinsurance assumed
$
103

 
$
126

 
$
139

Reinsurance ceded
(14
)
 
(60
)
 
(58
)
Net universal life and investment-type product policy fees
$
89

 
$
66

 
$
81

Other revenues

 

 

Reinsurance assumed
$
29

 
$
59

 
$
2

Reinsurance ceded
44

 
348

 
160

Net other revenues
$
73

 
$
407

 
$
162

Policyholder benefits and claims

 

 

Reinsurance assumed
$
87

 
$
90

 
$
252

Reinsurance ceded
(420
)
 
(737
)
 
(656
)
Net policyholder benefits and claims
$
(333
)
 
$
(647
)
 
$
(404
)
Information regarding the significant effects of reinsurance with NELICO and former MetLife affiliates included on the consolidated balance sheets was as follows at:
 
December 31,
 
2017
 
2016
 
Assumed
 
Ceded
 
Assumed
 
Ceded
 
(In millions)
Assets
 
 
 
 
 
 
 
Premiums, reinsurance and other receivables
$
34

 
$
3,254

 
$
23

 
$
3,382

Liabilities
 
 
 
 
 
 
 
Policyholder account balances
$
436

 
$

 
$
741

 
$

Other policy-related balances
$
1,683

 
$

 
$
1,677

 
$

Other liabilities
$
(8
)
 
$
401

 
$
11

 
$
578