Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2024

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,
	2024		2023		2024		2023
	(In millions)
Premiums	$	1	$	1	$	3	$	3
Other revenues	$	1	$	1	$	1	$	1
Policyholder benefits and claims	$	3	$	14	$	7	$	32
Change in market risk benefits	$	(20)	$	(63)	$	(77)	$	(58)
Other expenses	$	(1)	$	(1)	$	1	$	(1)

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

	June 30, 2024		December 31, 2023
	(In millions)
Assets
Premiums, reinsurance and other receivables (net of allowance for credit losses)	$	29	$	28
Liabilities
Future policy benefits	$	47	$	47
Market risk benefit liabilities	$	273	$	367
Other policy-related balances	$	8	$	13
Other liabilities	$	(8)	$	(4)