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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2023
Related Party Transactions [Abstract]  
Effects of reinsurance
Information regarding the significant effects of assumed 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,
2023202220232022
(In millions)
Premiums$$— $$— 
Universal life and investment-type product policy fees$— $(1)$— $(1)
Other revenues$$$$
Policyholder benefits and claims$14 $11 $32 $14 
Change in market risk benefits$(63)$(19)$(58)$(100)
Other expenses$(1)$(1)$(1)$(3)
Information regarding the significant effects of assumed reinsurance with NELICO included on the interim condensed consolidated balance sheets was as follows at:
June 30, 2023December 31, 2022
(In millions)
Assets
Premiums, reinsurance and other receivables (net of allowance for credit losses)$28 $29 
Liabilities
Future policy benefits$45 $31 
Market risk benefit liabilities$379 $428 
Other policy-related balances$22 $11 
Other liabilities$(1)$11