XML 12 R27.htm IDEA: XBRL DOCUMENT v3.20.1
Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Effects of reinsurance
Information regarding the significant effects of reinsurance with New England Life Insurance Company (“NELICO”), an affiliate, included on the interim condensed consolidated statements of operations and comprehensive income (loss) was as follows:
 
Three Months Ended 
 March 31,
 
2020
 
2019
 
(In millions)
Premiums
 
 
 
Reinsurance assumed
$

 
$

Universal life and investment-type product policy fees
 
 
 
Reinsurance assumed
$
2

 
$
1

Other revenues
 
 
 
Reinsurance assumed
$

 
$
1

Policyholder benefits and claims
 
 
 
Reinsurance assumed
$
17

 
$
7

Other expenses
 
 
 
Reinsurance assumed
$
(5
)
 
$
(7
)
Information regarding the significant effects of reinsurance with NELICO included on the interim condensed consolidated balance sheets was as follows at:
 
March 31, 2020
 
December 31, 2019
 
Assumed
 
Assumed
 
(In millions)
Assets
 
 
 
Premiums, reinsurance and other receivables
$
25

 
$
26

Liabilities
 
 
 
Future policy benefits
$
105

 
$
97

Policyholder account balances
$
709

 
$
443

Other policy-related balances
$
8

 
$
11

Other liabilities
$
(10
)
 
$
(21
)