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Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2013
Reinsurance Disclosure [Line Items]  
Effects of reinsurance
Information regarding the significant effects of affiliated reinsurance included in the interim condensed consolidated statements of operations and comprehensive income (loss) was as follows:
 
Three Months
Ended
September 30,
 
Nine Months
Ended
September 30,
 
2013
 
2012
 
2013
 
2012
 
(In millions)
Premiums:
 
 
 
 
 
 
 
Reinsurance assumed
$
3

 
$
4

 
$
9

 
$
10

Reinsurance ceded
(163
)
 
(126
)
 
(466
)
 
(323
)
Net premiums
$
(160
)
 
$
(122
)
 
$
(457
)
 
$
(313
)
Universal life and investment-type product policy fees:
 
 
 
 
 
 
 
Reinsurance assumed
$
25

 
$
22

 
$
57

 
$
66

Reinsurance ceded
(128
)
 
(101
)
 
(430
)
 
(306
)
Net universal life and investment-type product policy fees
$
(103
)
 
$
(79
)
 
$
(373
)
 
$
(240
)
Other revenues:
 
 
 
 
 
 
 
Reinsurance assumed
$
—

 
$
—

 
$
—

 
$
—

Reinsurance ceded
81

 
79

 
248

 
213

Net other revenues
$
81

 
$
79

 
$
248

 
$
213

Policyholder benefits and claims:
 
 
 
 
 
 
 
Reinsurance assumed
$
5

 
$
5

 
$
10

 
$
11

Reinsurance ceded
(216
)
 
(174
)
 
(602
)
 
(494
)
Net policyholder benefits and claims
$
(211
)
 
$
(169
)
 
$
(592
)
 
$
(483
)
Interest credited to policyholder account balances:
 
 
 
 
 
 
 
Reinsurance assumed
$
19

 
$
18

 
$
55

 
$
53

Reinsurance ceded
(31
)
 
(27
)
 
(92
)
 
(79
)
Net interest credited to policyholder account balances
$
(12
)
 
$
(9
)
 
$
(37
)
 
$
(26
)
Other expenses:
 
 
 
 
 
 
 
Reinsurance assumed
$
8

 
$
7

 
$
20

 
$
28

Reinsurance ceded
20

 
28

 
53

 
126

Net other expenses
$
28

 
$
35

 
$
73

 
$
154

 
Information regarding the significant effects of affiliated reinsurance included in the interim condensed consolidated balance sheets was as follows at:
 
September 30, 2013
 
December 31, 2012
 
Assumed
 
Ceded
 
Assumed
 
Ceded
 
(In millions)
Assets:
 
 
 
 
 
 
 
Premiums, reinsurance and other receivables
$
32

 
$
12,942

 
$
35

 
$
14,171

Deferred policy acquisition costs and value of business acquired
137

 
(684
)
 
121

 
(642
)
Total assets
$
169

 
$
12,258

 
$
156

 
$
13,529

Liabilities:
 
 
 
 
 
 
 
Other policy-related balances
$
1,641

 
$
820

 
$
1,592

 
$
855

Other liabilities
9

 
4,550

 
10

 
4,894

Total liabilities
$
1,650

 
$
5,370

 
$
1,602

 
$
5,749