Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
	(In millions)
Premiums
Reinsurance assumed	$	—	$	1	$	—	$	1
Universal life and investment-type product policy fees
Reinsurance assumed	$	2	$	2	$	4	$	3
Other revenues
Reinsurance assumed	$	1	$	—	$	1	$	1
Policyholder benefits and claims
Reinsurance assumed	$	6	$	10	$	23	$	17
Other expenses
Reinsurance assumed	$	(7)	$	(9)	$	(12)	$	(16)

Information regarding the significant effects of reinsurance with NELICO included on the interim condensed consolidated balance sheets was as follows at:

	June 30, 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	$	680	$	443
Other policy-related balances	$	10	$	11
Other liabilities	$	(9)	$	(21)