REINSURANCE (Tables)

12 Months Ended

Dec. 31, 2021

Reinsurance Disclosures [Abstract]

Schedule Of Effect Of Reinsurance

The following table summarizes the effect of reinsurance:

	Year Ended December 31,
	2021		2020		2019
	(in millions)
Direct premiums	$	201	$	149	$	113
Reinsurance assumed	—		1		1
Reinsurance ceded	(44)		(44)		(47)
Premiums	$	157	$	106	$	67
Direct charges and fee income	$	333	$	323	$	307
Reinsurance ceded	(58)		(62)		(62)
Policy charges and fee income	$	275	$	261	$	245
Direct policyholders’ benefits	$	402	$	360	$	238
Reinsurance ceded	(163)		(176)		(131)
Policyholders’ benefits	$	239	$	184	$	107
Direct interest credited to policyholders’ account balances	$	139	$	148	$	154
Reinsurance ceded	(57)		(58)		(70)
Interest credited to policyholders’ account balances	$	82	$	90	$	84