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Revenue from Contract with Customer
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer
14.    REVENUES FROM CONTRACTS WITH CUSTOMERS
The following table presents the revenues recognized in accordance with the Revenue from Contracts with Customers Topic of the ASC disaggregated by policy type for the year ended December 31, 2022 and 2021:
Year ended December 31,20222021
Employer stop loss$9 $
Affinity products19 18 
Commercial Auto, Marine and Other3 — 
Total31 $26 
During the year ended December 31, 2022, the amount of revenue recognized related to performance obligations satisfied in a previous period, inclusive of changes due to estimates was approximately $6.
Contract Assets and Liabilities
The balances of contract assets and contract liabilities with customers were as follows:
December 31,20222021
Premiums and commissions receivable$7 $
Contract assets5 
Contract liabilities1 
Contract assets represent estimated future consideration related to base commissions and profit-sharing commissions that were recognized as revenue upon the placement of the policy, but are not yet billable or collectable. The Company does not have the right to bill or collect payment on i) base commissions until the related premiums from policyholders have been collected nor ii) profit-sharing commissions until after the contract year is completed. The change in contract assets during the year ended December 31, 2022, was primarily due to the acquisition of All Trans and Capacity Marine, reclassification to receivables (unconditional right) and collections. Contract liabilities represent advance consideration received from customers related to Employer stop loss base commissions that will be recognized over time as claims servicing is performed, which typically occurs between 17 and 20 months from contract inception. During the year ended December 31, 2022, the Company recognized revenue that was included in the contract liability balance as of the beginning of the period of $1