Quarterly Information (unaudited) (Notes)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Data [Abstract]

Quarterly Financial Information (unaudited)

	2020 Quarters								2019 Quarters
	First		Second		Third		Fourth		First		Second		Third		Fourth
Gross premiums written	$	11	$	(1)	$	(13)	$	1	$	3	$	(21)	$	(13)	$	2
Net premiums earned	10		11		15		18		28		8		10		20
Net investment income	(21)		52		37		53		55		86		45		42
Net realized investment gains (losses)	8		10		2		2		17		36		18		9
Net gains (losses) on derivative contracts	(70)		2		7		12		(16)		(35)		(10)		12
Other income (loss)	—		—		2		1		1		(9)		141		1
Income (loss) on Variable Interest Entities	3		—		—		3		16		3		11		7
Losses and loss expenses (benefit)	117		16		83		9		12		(133)		37		97
Insurance intangible amortization	13		14		14		16		36		226		17		15
Operating expenses	24		21		23		26		25		29		26		23
Interest expense	63		58		50		50		68		67		67		66
Pre-tax income (loss)	(287)		(33)		(108)		(12)		(41)		(100)		69		(111)
Net income (loss) attributable to Common Stockholders	$	(280)	$	(35)	$	(108)	$	(14)	$	(43)	$	(128)	$	66	$	(110)
Net income (loss) per share:
Basic	$	(6.07)	$	(0.77)	$	(2.33)	$	(0.31)	$	(0.94)	$	(2.79)	$	1.44	$	(2.40)
Diluted	$	(6.07)	$	(0.77)	$	(2.33)	$	(0.31)	$	(0.94)	$	(2.79)	$	1.41	$	(2.40)