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Consolidated Reinsurance
12 Months Ended
Dec. 31, 2021
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, 2021, 2020 and 2019
(Dollars in millions)
Gross AmountCededAssumedNet Amount% Amount Assumed to Net
2021
Life insurance in-force$494,317 $145,618 $8,966 $357,665 2.5 %
Insurance premium
Life insurance (1)$1,193 $500 $(10)$683 (1.5)%
Accident & health insurance205 201 — 0.0 %
Total insurance premium$1,398 $701 $(10)$687 (1.5)%
2020
Life insurance in-force$509,456 $156,361 $8,965 $362,060 2.5 %
Insurance premium
Life insurance (1)$1,251 $532 $12 $731 1.6 %
Accident & health insurance215 210 — 0.0 %
Total insurance premium$1,466 $742 $12 $736 1.6 %
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 insurance222 217 — 0.0 %
Total insurance premium$1,597 $765 $15 $847 1.8 %
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(1)    Includes annuities with life contingencies.
For the years ended December 31, 2021, 2020 and 2019, reinsurance assumed included related party transactions for life insurance in-force of $1.6 billion, $1.7 billion and $1.7 billion, respectively, and life insurance premiums of $2 million, $2 million and $5 million, respectively. There were no related party transactions for ceded life insurance in-force and life insurance premiums for the years ended December 31, 2021, 2020 and 2019.