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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2019
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,
 
2019

2018
 
Direct

Assumed

Ceded

Total
Balance
Sheet

Direct

Assumed

Ceded

Total
Balance
Sheet
 
(In millions)
Assets















Premiums, reinsurance and other receivables
$
420


$
39


$
13,828


$
14,287


$
384


$
60


$
12,669


$
13,113

Liabilities
















Policyholder account balances
$
42,062


$
3,059


$
—


$
45,121


$
37,586


$
1,744


$
—


$
39,330

Other policy-related balances
$
1,126

 
$
1,675

 
$
—

 
$
2,801

 
$
1,051

 
$
1,677

 
$
—

 
$
2,728

Other liabilities
$
3,410


$
11


$
1,063


$
4,484


$
2,804


$
(4
)

$
655


$
3,455


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,
 
2019

2018

2017
 
(In millions)
Premiums





Direct premiums
$
1,597


$
1,640


$
1,731

Reinsurance assumed
15


12


13

Reinsurance ceded
(765
)

(783
)

(916
)
Net premiums
$
847


$
869


$
828

Universal life and investment-type product policy fees





Direct universal life and investment-type product policy fees
$
3,432


$
3,617


$
3,653

Reinsurance assumed
79


101


103

Reinsurance ceded
(529
)

(528
)

(600
)
Net universal life and investment-type product policy fees
$
2,982

 
$
3,190

 
$
3,156

Other revenues





Direct other revenues
$
244


$
262


$
260

Reinsurance assumed
3


2


29

Reinsurance ceded
19


23


47

Net other revenues
$
266

 
$
287

 
$
336

Policyholder benefits and claims





Direct policyholder benefits and claims
$
5,267


$
4,724


$
5,080

Reinsurance assumed
70


75


89

Reinsurance ceded
(1,799
)

(1,619
)

(1,575
)
Net policyholder benefits and claims
$
3,538

 
$
3,180

 
$
3,594

Other expenses
 
 
 
 
 
Direct other expenses
$
1,839

 
$
1,812

 
$
1,835

Reinsurance assumed
(10
)
 
(4
)
 
19

Reinsurance ceded
(20
)
 
(45
)
 
(21
)
Net other expenses
$
1,809

 
$
1,763

 
$
1,833
Affiliated Entity  
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,

2019

2018

2017

(In millions)
Premiums





Reinsurance assumed
$
5

 
$
7

 
$
13

Reinsurance ceded
—

 
(201
)
 
(537
)
Net premiums
$
5

 
$
(194
)
 
$
(524
)
Universal life and investment-type product policy fees
 
 
 
 
 
Reinsurance assumed
$
6

 
$
51

 
$
103

Reinsurance ceded
—

 
1

 
(14
)
Net universal life and investment-type product policy fees
$
6

 
$
52

 
$
89

Other revenues

 

 

Reinsurance assumed
$
3

 
$
2

 
$
29

Reinsurance ceded
—

 
18

 
44

Net other revenues
$
3

 
$
20

 
$
73

Policyholder benefits and claims

 

 

Reinsurance assumed
$
34

 
$
52

 
$
87

Reinsurance ceded
—

 
(178
)
 
(420
)
Net policyholder benefits and claims
$
34

 
$
(126
)
 
$
(333
)
Other expenses
 
 
 
 
 
Reinsurance assumed
$
(32
)
 
$
(13
)
 
$
18

Reinsurance ceded
—

 
(5
)
 
—

Net other expenses
$
(32
)
 
$
(18
)
 
$
18


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,
 
2019
 
2018
 
Assumed
 
Ceded
 
Assumed
 
Ceded
 
(In millions)
Assets
 
 
 
 
 
 
 
Premiums, reinsurance and other receivables
$
26

 
$
—

 
$
21

 
$
—

Liabilities
 
 
 
 
 
 
 
Policyholder account balances
$
443

 
$
—

 
$
386

 
$
—

Other policy-related balances
$
11

 
$
—

 
$
14

 
$
—

Other liabilities
$
(21
)
 
$
—

 
$
(38
)
 
$
—