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Reinsurance (Tables) | 12 Months Ended
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Dec. 31, 2022
Reinsurance Disclosures [Abstract] |
Schedule of effect of reinsurance on premiums | The effect of reinsurance on premiums for the Company’s traditional long-duration contracts was as follows:
| Years Ended December 31,
2022 |  | 2021 |  | 2020
(in millions)
Direct premiums | $ | 530 |  |  | $ | 490 |  |  | $ | 565 |
Reinsurance ceded | (224) |  |  | (1,361) |  |  | (224) |
Net premiums | $ | 306 |  |  | $ | (871) |  |  | $ | 341 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details
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