Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31,
	2025		2024
	(In millions)
Premiums	$	2	$	2
Policyholder benefits and claims	$	4	$	4
Change in market risk benefits	$	30	$	(57)
Other expenses	$	(3)	$	2

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

	March 31, 2025		December 31, 2024
	(In millions)
Assets
Premiums, reinsurance and other receivables (net of allowance for credit losses)	$	31	$	32
Liabilities
Future policy benefits	$	53	$	51
Market risk benefit liabilities	$	269	$	235
Other policy-related balances	$	11	$	14
Other liabilities	$	(15)	$	(16)