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Consolidated Reinsurance
 12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]  
Consolidated Reinsurance
Brighthouse Life Insurance Company
(An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)
Schedule IV
Consolidated Reinsurance
December 31, 2019, 2018 and 2017
(Dollars in millions)
 
 
Gross Amount
 
Ceded
 
Assumed
 
Net Amount
 
% Amount Assumed to Net
2019
 
 
 
 
 
 
 
 
 
 
Life insurance in-force
 
$
534,106

 
$
167,676

 
$
8,884

 
$
375,314

 
2.4
%
Insurance premium
 
 
 
 
 
 
 
 
 
 
Life insurance (1)
 
$
1,375

 
$
548

 
$
15

 
$
842

 
1.8
%
Accident & health insurance
 
222

 
217

 
—

 
5

 
0.0
%
Total insurance premium
 
$
1,597

 
$
765

 
$
15

 
$
847

 
1.8
%
2018
 
 
 
 
 
 
 
 
 
 
Life insurance in-force
 
$
561,218

 
$
180,362

 
$
9,248

 
$
390,104

 
2.4
%
Insurance premium
 
 
 
 
 
 
 
 
 
 
Life insurance (1)
 
$
1,415

 
$
559

 
$
12

 
$
868

 
1.4
%
Accident & health insurance
 
225

 
224

 
—

 
1

 
0.0
%
Total insurance premium
 
$
1,640

 
$
783

 
$
12

 
$
869

 
1.4
%
2017
 
 
 
 
 
 
 
 
 
 
Life insurance in-force
 
$
589,488

 
$
194,032

 
$
9,006

 
$
404,462

 
2.2
%
Insurance premium
 
 
 
 
 
 
 
 
 
 
Life insurance (1)
 
$
1,500

 
$
689

 
$
13

 
$
824

 
1.6
%
Accident & health insurance
 
231

 
227

 
—

 
4

 
0.0
%
Total insurance premium
 
$
1,731

 
$
916

 
$
13

 
$
828

 
1.6
%
_______________
(1)
Includes annuities with life contingencies.
For the year ended December 31, 2019, reinsurance ceded and assumed included related party transactions for life insurance in-force of $0 and $1.7 billion, respectively, and life insurance premiums of $0 and $5 million, respectively. For the year ended December 31, 2018, reinsurance ceded and assumed included related party transactions for life insurance in-force of $0 and $1.8 billion, respectively, and life insurance premiums of $201 million and $7 million, respectively. For the year ended December 31, 2017, reinsurance ceded and assumed included related party transactions for life insurance in-force of $17.1 billion and $9.0 billion, respectively, and life insurance premiums of $537 million and $13 million, respectively.