Reserves for Future Policy Benefits (Tables)

9 Months Ended

Sep. 30, 2020

Insurance Loss Reserves [Abstract]

Changes in Reserves for Future Policy Benefits

Changes in Reserves for Future Policy Benefits[1]
Liability balance, as of January 1, 2020	$	635
Incurred	74
Paid	(67)
Change in unrealized investment gains and losses	8
Liability balance, as of September 30, 2020	$	650
Reinsurance recoverable asset, as of January 1, 2020	$	31
Incurred	(2)
Paid	—
Reinsurance recoverable asset, as of September 30, 2020	$	29

Liability balance, as of January 1, 2019	$	642
Incurred	63
Paid	(77)
Change in unrealized investment gains and losses	17
Liability balance, as of September 30, 2019	$	645
Reinsurance recoverable asset, as of January 1, 2019	$	27
Incurred	2
Paid	—
Reinsurance recoverable asset, as of September 30, 2019	$	29

[1]Reserves for future policy benefits includes paid-up life insurance and whole-life policies resulting from conversion from group life policies included within the Group Benefits segment and reserves for run-off structured settlement and terminal funding agreement liabilities which are in the Corporate category.