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Business Acquisitions, Dispositioins and Discontinued Operations Level 1 (Notes)
 12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Mergers, Acquisitions and Dispositions Disclosures [Text Block]
Business Acquisitions
Maxum
On July 29, 2016, the Company acquired 100% of the outstanding shares of Northern Homelands Company, the holding company of Maxum Specialty Insurance Group headquartered in Alpharetta, Georgia in a cash transaction for approximately $169. The acquisition adds excess and surplus lines capability to the Company's Small Commercial line of business. Maxum will maintain its brand and limited wholesale distribution model. Maxum's revenues and earnings since the acquisition date are included in the Company's Consolidated Statements of Operations and are not material to the Company's consolidated results of operations.
Fair Value of Assets Acquired and Liabilities Assumed at the Acquisition Date
 
As of
July 29, 2016
Assets
 
Cash and investments (including cash of $12)
$
274

Reinsurance recoverables
113

Intangible assets [1]
11

Other assets
79

Total assets acquired
477

Liabilities
 
Unpaid losses
235

Unearned premiums
77

Other liabilities
34

Total liabilities assumed
346

Net identifiable assets acquired
131

Goodwill [2]
38

Net assets acquired
$
169

[1]
Comprised of indefinite lived intangibles of $5 related to state insurance licenses acquired and other intangibles of $6 related to agency distribution relationships of Maxum which will amortize over 10 years.
[2]
Non-deductible for income tax purposes.
The goodwill recognized is attributable to expected growth from the opportunity to sell both existing products and excess and surplus lines coverage to a broader customer base and has been allocated to the Small Commercial reporting unit within the Commercial Lines reporting segment.
The Company recognized $1 of acquisition related costs for the year ended December 31, 2016. These costs are included in insurance operating costs and other expenses in the Consolidated Statement of Operations.
Lattice
On July 29, 2016, an indirect wholly-owned subsidiary of the Company acquired 100% of the membership interests outstanding of Lattice Strategies LLC, an investment management firm and provider of strategic beta exchange-traded products ("ETP") with approximately $200 of assets under management ("AUM") at the acquisition date.
Fair Value of the Consideration Transferred at the Acquisition Date
Cash
$
19

Contingent consideration
23

Total
$
42

Fair Value of Assets Acquired and Liabilities Assumed at the Acquisition Date
 
As of
July 29, 2016
Assets
 
Intangible assets [1]
$
11

Cash
1

Total assets acquired
12

Liabilities
 
Total liabilities assumed
1

Net identifiable assets acquired
11

Goodwill [2]
31

Net assets acquired
$
42

[1]
Comprised of indefinite lived intangibles of $10 related to customer relationships and $1 of other intangibles, which are amortizable over 5 to 8 years.
[2]
Deductible for federal income tax purposes.
Lattice's revenues and earnings since the acquisition date are included in the Company's Consolidated Statements of Operations in the Mutual Funds reporting segment and are not material to the Company's consolidated results of operations.
In addition to the initial cash consideration, the Company is required to make future payments to the former owners of Lattice of up to $60 based upon growth in ETP AUM over a four-year period beginning on the date of acquisition. The contingent consideration was measured at fair value at the acquisition date by projecting future ETP AUM and discounting expected payments back to the valuation date. The projected ETP AUM and risk-adjusted discount rate are significant unobservable inputs to fair value.
The goodwill recognized is attributable to the fact that the acquisition of Lattice enables the Company to offer ETPs which are expected to be a significant source of future revenue and earnings growth. Goodwill is allocated to the Mutual Funds reporting segment.
The Company recognized $1 of acquisition related costs for the year ended December 31, 2016. These costs are included in insurance operating costs and other expenses in the Consolidated Statement of Operations.
Business Dispositions
Sale of U.K. business
On July 26, 2016, the Company announced it had entered into an agreement to sell its U.K. property and casualty run-off subsidiaries, Hartford Financial Products International Limited and Downlands Liability Management Limited, in a cash transaction to Catalina Holdings U.K. Limited ("buyer"), for approximately $259, net of transaction costs. The Company's U.K. property and casualty run-off subsidiaries are included in the P&C Other Operations reporting segment. Revenues and earnings are not material to the Company's consolidated results of operations for the years ended December 31, 2016, 2015 and 2014.
The Company recognized an estimated capital loss of $81, before tax, and related income tax benefit of $76, for an estimated after-tax net loss of $5 on the sale for the year ended December 31, 2016. The accrual for the estimated before tax loss is included as a reduction of the carrying value of assets held for sale in the Company's Consolidated Balance Sheets as of December 31, 2016. The transaction is expected to close in the first or second quarter of 2017, subject to regulatory approvals and other customary closing conditions.
Carrying Values of the Assets and Liabilities to be Transferred by the Company to the Buyer in Connection with the Sale
 
Carrying Value
as of December 31, 2016
Assets
 
Cash and investments
$
657

Reinsurance recoverables and other [1]
213

Total assets held for sale
870

Liabilities
 
Reserve for future policy benefits and unpaid loss and loss adjustment expenses
600

Other liabilities
11

Total liabilities held for sale
$
611

[1] Includes intercompany reinsurance recoverables of $71 to be settled in cash or securities prior to closing.
Discontinued Operations
Sale of HLIKK
On June 30, 2014, the Company completed the sale of all of the issued and outstanding equity of HLIKK to ORIX Life Insurance Corporation ("Buyer"), a subsidiary of ORIX Corporation, a Japanese company for cash proceeds of $963. The sale transaction resulted in an after-tax loss on disposition of $659 in the year ended December 31, 2014. The operations of the Company's HLIKK business meet the criteria for reporting as discontinued operations. The Company's HLIKK business is included in the Talcott Resolution reporting segment.
Concurrently with the sale, HLIKK recaptured certain risks that had been reinsured to the Company’s U.S. subsidiaries, Hartford Life and Annuity Insurance Company ("HLAI") and HLIC by terminating intercompany agreements. Upon closing, the Buyer became responsible for all liabilities for the recaptured business. The Company has, however, continued to provide reinsurance for yen denominated fixed payout annuities of approximately $487 as of December 31, 2016.
Major Classes of Assets and Liabilities Transferred by the Company in Connection with the Sale
 
Carrying Value
as of Closing
Assets
 
Cash and investments
$
18,733

Reinsurance recoverables
46

Property and equipment, net
18

Other assets
988

Liabilities
 
Reserve for future policy benefits and unpaid loss and loss adjustment expenses
320

Other policyholder funds and benefits payable
2,265

Other policyholder funds and benefits payable - international variable annuities
16,465

Short-term debt
247

Other liabilities
$
102


Amounts Related to Discontinued Operations Included in the Company's Consolidated Statements of Operations
 
For the year ended December 31,
 
2014
Revenues
 
Earned premiums
$
(1
)
Fee income and other
239

Net investment income
 
Securities available-for-sale and other
18

Equity securities, trading
134

Total net investment income
152

Net realized capital losses
(157
)
Total revenues
233

Benefits, losses and expenses
 

Benefits, losses and loss adjustment expenses
7

Benefits, losses and loss adjustment expenses - returns credited on international variable annuities
134

Amortization of DAC
—

Insurance operating costs and other expenses
23

Total benefits, losses and expenses
164

Income  before income taxes
69

Income tax benefit
(2
)
Income from operations of discontinued operations, net of tax
71

Net realized capital loss on disposal, net of tax [1]
(622
)
Loss from discontinued operations, net of tax
$
(551
)
[1]
Includes income tax benefits of $265 on the sale of HLIKK for the year ended December 31, 2014.
Discontinued Operations
Business Dispositions
Sale of U.K. business
On July 26, 2016, the Company announced it had entered into an agreement to sell its U.K. property and casualty run-off subsidiaries, Hartford Financial Products International Limited and Downlands Liability Management Limited, in a cash transaction to Catalina Holdings U.K. Limited ("buyer"), for approximately $259, net of transaction costs. The Company's U.K. property and casualty run-off subsidiaries are included in the P&C Other Operations reporting segment. Revenues and earnings are not material to the Company's consolidated results of operations for the years ended December 31, 2016, 2015 and 2014.
The Company recognized an estimated capital loss of $81, before tax, and related income tax benefit of $76, for an estimated after-tax net loss of $5 on the sale for the year ended December 31, 2016. The accrual for the estimated before tax loss is included as a reduction of the carrying value of assets held for sale in the Company's Consolidated Balance Sheets as of December 31, 2016. The transaction is expected to close in the first or second quarter of 2017, subject to regulatory approvals and other customary closing conditions.
Carrying Values of the Assets and Liabilities to be Transferred by the Company to the Buyer in Connection with the Sale
 
Carrying Value
as of December 31, 2016
Assets
 
Cash and investments
$
657

Reinsurance recoverables and other [1]
213

Total assets held for sale
870

Liabilities
 
Reserve for future policy benefits and unpaid loss and loss adjustment expenses
600

Other liabilities
11

Total liabilities held for sale
$
611

[1] Includes intercompany reinsurance recoverables of $71 to be settled in cash or securities prior to closing.
Discontinued Operations
Sale of HLIKK
On June 30, 2014, the Company completed the sale of all of the issued and outstanding equity of HLIKK to ORIX Life Insurance Corporation ("Buyer"), a subsidiary of ORIX Corporation, a Japanese company for cash proceeds of $963. The sale transaction resulted in an after-tax loss on disposition of $659 in the year ended December 31, 2014. The operations of the Company's HLIKK business meet the criteria for reporting as discontinued operations. The Company's HLIKK business is included in the Talcott Resolution reporting segment.
Concurrently with the sale, HLIKK recaptured certain risks that had been reinsured to the Company’s U.S. subsidiaries, Hartford Life and Annuity Insurance Company ("HLAI") and HLIC by terminating intercompany agreements. Upon closing, the Buyer became responsible for all liabilities for the recaptured business. The Company has, however, continued to provide reinsurance for yen denominated fixed payout annuities of approximately $487 as of December 31, 2016.
Major Classes of Assets and Liabilities Transferred by the Company in Connection with the Sale
 
Carrying Value
as of Closing
Assets
 
Cash and investments
$
18,733

Reinsurance recoverables
46

Property and equipment, net
18

Other assets
988

Liabilities
 
Reserve for future policy benefits and unpaid loss and loss adjustment expenses
320

Other policyholder funds and benefits payable
2,265

Other policyholder funds and benefits payable - international variable annuities
16,465

Short-term debt
247

Other liabilities
$
102


Amounts Related to Discontinued Operations Included in the Company's Consolidated Statements of Operations
 
For the year ended December 31,
 
2014
Revenues
 
Earned premiums
$
(1
)
Fee income and other
239

Net investment income
 
Securities available-for-sale and other
18

Equity securities, trading
134

Total net investment income
152

Net realized capital losses
(157
)
Total revenues
233

Benefits, losses and expenses
 

Benefits, losses and loss adjustment expenses
7

Benefits, losses and loss adjustment expenses - returns credited on international variable annuities
134

Amortization of DAC
—

Insurance operating costs and other expenses
23

Total benefits, losses and expenses
164

Income  before income taxes
69

Income tax benefit
(2
)
Income from operations of discontinued operations, net of tax
71

Net realized capital loss on disposal, net of tax [1]
(622
)
Loss from discontinued operations, net of tax
$
(551
)
[1]
Includes income tax benefits of $265 on the sale of HLIKK for the year ended December 31, 2014.