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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2024
Effects of Reinsurance [Line Items]  
Effect of reinsurance
The amounts on the consolidated statements of operations include the impact of reinsurance. Information regarding the significant effects of reinsurance was as follows:
 Years Ended December 31,
 202420232022
 (In millions)
Premiums
Direct premiums$1,367 $1,458 $1,321 
Reinsurance assumed20 20 8 
Reinsurance ceded(628)(667)(688)
Net premiums$759 $811 $641 
Universal life and investment-type product policy fees
Direct universal life and investment-type product policy fees$2,440 $2,402 $2,525 
Reinsurance assumed52 48 44 
Reinsurance ceded(891)(672)(693)
Net universal life and investment-type product policy fees$1,601 $1,778 $1,876 
Other revenues
Direct other revenues$209 $202 $220 
Reinsurance assumed4 3 3 
Reinsurance ceded286 213 183 
Net other revenues$499 $418 $406 
Policyholder benefits and claims
Direct policyholder benefits and claims$3,772 $3,608 $3,788 
Reinsurance assumed94 123 134 
Reinsurance ceded(1,727)(1,313)(1,736)
Net policyholder benefits and claims$2,139 $2,418 $2,186 
Change in market risk benefits
Direct change in market risk benefits$(2,597)$(1,436)$(3,942)
Reinsurance assumed(105)(92)(214)
Reinsurance ceded33 31 51 
Net change in market risk benefits$(2,669)$(1,497)$(4,105)
Other expenses
Direct other expenses$1,572 $1,625 $1,758 
Reinsurance assumed21 25 — 
Reinsurance ceded8 (25)(64)
Net other expenses$1,601 $1,625 $1,694 
The amounts on the consolidated balance sheets include the impact of reinsurance. Information regarding the significant effects of reinsurance was as follows at:
 December 31,
 20242023
 DirectAssumedCededTotal
Balance
Sheet		DirectAssumedCededTotal
Balance
Sheet
 (In millions)
Assets
Premiums, reinsurance and other receivables (net of allowance for credit losses)$340 $32 $20,437 $20,809 $289 $33 $19,067 $19,389 
Market risk benefit assets$1,075 $— $17 $1,092 $613 $— $43 $656 
Liabilities
Future policy benefits$30,925 $160 $— $31,085 $31,989 $160 $— $32,149 
Policyholder account balances$83,019 $4,143 $— $87,162 $75,893 $4,300 $— $80,193 
Market risk benefit liabilities$8,095 $251 $— $8,346 $9,972 $372 $— $10,344 
Other policy-related balances$2,109 $1,568 $— $3,677 $2,023 $1,596 $— $3,619 
Other liabilities$6,774 $9 $1,677 $8,460 $6,526 $11 $1,235 $7,772 
Affiliated Entity  
Effects of Reinsurance [Line Items]  
Effect of reinsurance
Information regarding the significant effects of assumed reinsurance with NELICO included on the consolidated statements of operations was as follows:
Years Ended December 31,
202420232022
(In millions)
Premiums$8 $6 $2 
Universal life and investment-type product policy fees$(1)$(1)$(1)
Other revenues$1 $1 $2 
Policyholder benefits and claims$14 $39 $22 
Change in market risk benefits$(112)$(92)$(214)
Other expenses$(3)$— $(6)
Information regarding the significant effects of assumed reinsurance with NELICO included on the consolidated balance sheets was as follows at:
December 31,
20242023
(In millions)
Assets
Premiums, reinsurance and other receivables (net of allowance for credit losses)$32 $28 
Liabilities
Future policy benefits$51 $47 
Market risk benefit liabilities$235 $367 
Other policy-related balances$14 $13 
Other liabilities$(16)$(4)