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Related Party Transactions (Tables)
9 Months Ended
Sep. 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
September 30,
Nine Months Ended
September 30,
2020201920202019
(In millions)
Premiums
Reinsurance assumed$$(1)$$— 
Universal life and investment-type product policy fees
Reinsurance assumed$$$$
Other revenues
Reinsurance assumed$— $$$
Policyholder benefits and claims
Reinsurance assumed$31 $$54 $25 
Other expenses
Reinsurance assumed$(7)$(7)$(19)$(23)
Information regarding the significant effects of reinsurance with NELICO included on the interim condensed consolidated balance sheets was as follows at:
September 30, 2020December 31, 2019
AssumedAssumed
(In millions)
Assets
Premiums, reinsurance and other receivables$24 $26 
Liabilities
Future policy benefits$125 $97 
Policyholder account balances$694 $443 
Other policy-related balances$12 $11 
Other liabilities$(7)$(21)