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Consolidated Reinsurance
 12 Months Ended
Dec. 31, 2024
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, 2024, 2023 and 2022
(Dollars in millions)
Gross AmountCededAssumedNet Amount% Amount Assumed to Net
2024
Life insurance in-force (1)
$447,395 $121,327 $6,940 $333,008 2.1 %
Insurance premium
Life insurance (2)
$1,181 $444 $20 $757 2.6 %
Accident & health insurance186 184 — 2 0.0 %
Total insurance premium$1,367 $628 $20 $759 2.6 %
2023
Life insurance in-force (1)
$463,582 $129,016 $7,479 $342,045 2.2 %
Insurance premium
Life insurance (2)
$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 (1)
$475,382 $138,063 $8,034 $345,353 2.3 %
Insurance premium
Life insurance (2)
$1,123 $493 $8 $638 1.3 %
Accident & health insurance198 195 — 3 0.0 %
Total insurance premium$1,321 $688 $8 $641 1.2 %
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(1)Includes life insurance products in the Life, Run-off and Corporate & Other segments.
(2)Includes annuities with life contingencies.
For the years ended December 31, 2024, 2023 and 2022, reinsurance assumed included related party transactions for life insurance in-force of $1.3 billion, $1.4 billion and $1.5 billion, respectively, and life insurance premiums of $8 million, $6 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, 2024, 2023 and 2022.