XML 87 R67.htm IDEA: XBRL DOCUMENT v3.22.1
Contracts Accounted for as Insurance - BIG Transaction Loss Summary (Details)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2022
USD ($)
risk
Dec. 31, 2021
USD ($)
risk
Discount    
Total $ (167)  
Reserves (salvage)    
Total $ 188 $ 79
BIG    
Number of risks    
Total (in contracts) | risk 255 262
Principal    
Total $ 5,579 $ 7,293
BIG | BIG 1    
Number of risks    
Total (in contracts) | risk 108 117
Principal    
Total $ 2,027 $ 2,429
BIG | BIG 2    
Number of risks    
Total (in contracts) | risk 20 16
Principal    
Total $ 225 $ 177
BIG | BIG 3    
Number of risks    
Total (in contracts) | risk 127 129
Principal    
Total $ 3,327 $ 4,687
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE)    
Number of risks    
Total (in contracts) | risk 255 262
Remaining weighted average contract period    
Total (in years) 8 years 1 month 6 days 8 years 6 months
Principal    
Gross $ 5,607 $ 7,359
Total 5,579 7,293
Interest    
Gross 2,081 2,978
Total 2,077 2,962
Total net outstanding exposure    
Gross 7,688 10,337
Total 7,656 10,255
Expected cash outflows (inflows)    
Gross 3,466 4,971
Total 3,453 4,918
Potential recoveries    
Gross (2,915) (4,495)
Total (2,903) (4,430)
Subtotal    
Gross 551 476
Total 550 488
Discount    
Gross (168) (129)
Total (167) (129)
Expected losses to be paid (recovered)    
Gross 383 347
Net expected loss to be paid 383 359
Deferred premium revenue    
Gross 315 437
Total 313 435
Reserves (salvage)    
Gross 182 60
Total $ 183 $ 74
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 1    
Number of risks    
Total (in contracts) | risk 108 117
Remaining weighted average contract period    
Gross (in years) 7 years 7 months 6 days 7 years 7 months 6 days
Principal    
Gross $ 2,035 $ 2,437
Interest    
Gross 867 1,000
Total net outstanding exposure    
Gross 2,902 3,437
Expected cash outflows (inflows)    
Gross 72 111
Potential recoveries    
Gross (394) (656)
Subtotal    
Gross (322) (545)
Discount    
Gross 24 19
Expected losses to be paid (recovered)    
Gross (298) (526)
Deferred premium revenue    
Gross 71 85
Reserves (salvage)    
Gross $ (317) $ (549)
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 2    
Number of risks    
Total (in contracts) | risk 20 16
Remaining weighted average contract period    
Gross (in years) 7 years 10 months 24 days 8 years 10 months 24 days
Principal    
Gross $ 225 $ 177
Interest    
Gross 41 36
Total net outstanding exposure    
Gross 266 213
Expected cash outflows (inflows)    
Gross 68 40
Potential recoveries    
Gross (48) (10)
Subtotal    
Gross 20 30
Discount    
Gross (3) (3)
Expected losses to be paid (recovered)    
Gross 17 27
Deferred premium revenue    
Gross 9 2
Reserves (salvage)    
Gross $ 15 $ 25
BIG | Consolidated Entity Excluding Variable Interest Entities (VIE) | BIG 3    
Number of risks    
Total (in contracts) | risk 127 129
Remaining weighted average contract period    
Gross (in years) 8 years 3 months 18 days 8 years 10 months 24 days
Principal    
Gross $ 3,347 $ 4,745
Interest    
Gross 1,173 1,942
Total net outstanding exposure    
Gross 4,520 6,687
Expected cash outflows (inflows)    
Gross 3,326 4,820
Potential recoveries    
Gross (2,473) (3,829)
Subtotal    
Gross 853 991
Discount    
Gross (189) (145)
Expected losses to be paid (recovered)    
Gross 664 846
Deferred premium revenue    
Gross 235 350
Reserves (salvage)    
Gross $ 484 $ 584