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REINSURANCE (Tables) | 12 Months Ended
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Dec. 31, 2023
Reinsurance Disclosures [Abstract] |
Effects of Reinsurance | The following table reconciles direct premiums and direct benefits and claims to net amounts after the effect of reinsurance which also includes the elimination of inter-segment amounts associated with affiliated reinsurance for the years ended December 31.
(In millions) | 2023 | 2022 | 2021
Direct earned premiums |  | $ | 14,318 |  |  |  | $ | 15,025 |  |  |  | $ | 17,305 |  |
Ceded to other companies: |  |  |  |  |  |  |  |  |
Ceded Aflac Japan closed blocks |  | (313) |  |  |  | (343) |  |  |  | (431) |  |
Other |  | (91) |  |  |  | (76) |  |  |  | (73) |  |
Assumed from other companies: |  |  |  |  |  |  |  |  |
Retrocession activities |  | 126 |  |  |  | 144 |  |  |  | 180 |  |
Other |  | 83 |  |  |  | 151 |  |  |  | 114 |  |
Net earned premiums |  | $ | 14,123 |  |  |  | $ | 14,901 |  |  |  | $ | 17,095 |  |
Direct benefits and claims, excluding reserve remeasurement |  | $ | 8,599 |  |  |  | $ | 9,171 |  |  |  | $ | 10,778 |  |
Reserve remeasurement (gains) losses |  | (394) |  |  |  | (196) |  |  |  | (149) |  |
Total direct benefits and claims |  | 8,205 |  |  |  | 8,975 |  |  |  | 10,629 |  |
Ceded benefits and change in reserves for future benefits: |  |  |  |  |  |  |  |  |
Ceded Aflac Japan closed blocks |  | (283) |  |  |  | (308) |  |  |  | (381) |  |
Reserve remeasurement (gains) losses |  | 11 |  |  |  | (19) |  |  |  | 2 |  |
Eliminations |  | 200 |  |  |  | 18 |  |  |  | 27 |  |
Other |  | (64) |  |  |  | (32) |  |  |  | (44) |  |
Assumed from other companies: |  |  |  |  |  |  |  |  |
Retrocession activities |  | 118 |  |  |  | 146 |  |  |  | 165 |  |
Eliminations |  | (196) |  |  |  | (24) |  |  |  | (31) |  |
Other |  | 220 |  |  |  | 131 |  |  |  | 109 |  |
Total benefits and claims, net |  | $ | 8,211 |  |  |  | $ | 8,887 |  |  |  | $ | 10,476 |  |
Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2023 related to accounting for long-duration insurance contracts.

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- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 605 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-1 + Details
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- References No definition available. + Details
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