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Consolidated Reinsurance
 12 Months Ended
Dec. 31, 2023
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, 2023, 2022 and 2021
(Dollars in millions)
Gross AmountCededAssumedNet Amount% Amount Assumed to Net
2023
Life insurance in-force$463,582 $129,016 $7,479 $342,045 2.2 %
Insurance premium
Life insurance (1)$1,257 $475 $20 $802 2.5 %
Accident & health insurance201 192 — 9 0.0 %
Total insurance premium$1,458 $667 $20 $811 2.5 %
2022
Life insurance in-force$475,382 $138,063 $8,034 $345,353 2.3 %
Insurance premium
Life insurance (1)$1,123 $493 $8 $638 1.3 %
Accident & health insurance198 195 — 3 0.0 %
Total insurance premium$1,321 $688 $8 $641 1.2 %
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 — 4 0.0 %
Total insurance premium$1,398 $701 $(10)$687 (1.5)%
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(1)    Includes annuities with life contingencies.
For the years ended December 31, 2023, 2022 and 2021, reinsurance assumed included related party transactions for life insurance in-force of $1.4 billion, $1.5 billion and $1.6 billion, respectively, and life insurance premiums of $6 million, $2 million and $2 million, respectively. There were no related party transactions for ceded life insurance in-force and life insurance premiums for the years ended December 31, 2023, 2022 and 2021.