XML 182 R121.htm IDEA: XBRL DOCUMENT v3.25.0.1
Reserve for Future Policy Benefits (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Liability for Future Policy Benefit, Activity [Line Items]        
Liability for Future Policy Benefit, before Reinsurance $ 448 $ 484 $ 502  
Fixed Annuity        
Liability for Future Policy Benefit, Activity [Line Items]        
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 128 137 140 $ 188
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax 0 7 4 47
Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance 128 130 136 141
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change   2 (2) 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience   1 1 0
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change   133 135 141
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense 7 7 8  
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment (12) (12) (13)  
Liability for Future Policy Benefit, before Reinsurance $ 128 $ 137 $ 140  
Liability for Future Policy Benefit, Weighted-Average Duration 9 years 2 months 12 days 9 years 9 years 2 months 12 days  
Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance $ 256 $ 257 $ 272  
Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance $ 0 $ 0 $ 0  
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 5.60% 5.60% 5.60%  
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.50% 5.00% 5.30%  
Life Conversions        
Liability for Future Policy Benefit, Activity [Line Items]        
Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change $ 45 $ 49 $ 47 58
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change 106 113 112 152
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (15) (11) (14) 19
Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance 121 124 126 133
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change   2 0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience   3 7 5
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change   129 133 138
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense 20 20 17  
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment (28) (29) (29)  
Liability for Future Policy Benefit, before Reinsurance $ 61 $ 64 $ 65  
Liability for Future Policy Benefit, Weighted-Average Duration 11 years 12 years 2 months 12 days 11 years 4 months 24 days  
Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance $ 198 $ 204 $ 212  
Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance $ 106 $ 114 $ 120  
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 4.30% 4.20% 4.10%  
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.60% 5.10% 5.30%  
Paid Up Life        
Liability for Future Policy Benefit, Activity [Line Items]        
Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change $ 168 $ 185 $ 192 262
AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax (33) (32) (39) 14
Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance 201 217 231 248
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) from Cash Flow Change   0 0 0
Liability for Future Policy Benefit, Expected Future Policy Benefit, Cumulative Increase (Decrease) of Actual Variance from Expected Experience   (1) (1) 0
Liability for Future Policy Benefit, Expected Future Benefit, Original Discount Rate, before Reinsurance, after Cash Flow Change   216 230 $ 248
Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense 7 8 7  
Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment (22) (21) (24)  
Liability for Future Policy Benefit, before Reinsurance $ 168 $ 185 $ 192  
Liability for Future Policy Benefit, Weighted-Average Duration 6 years 3 months 18 days 6 years 4 months 24 days 6 years 4 months 24 days  
Liability for Future Policy Benefit, Expected Future Policy Benefit, Undiscounted, before Reinsurance $ 260 $ 281 $ 300  
Liability for Future Policy Benefit, Expected Future Gross Premium, Undiscounted, before Reinsurance $ 0 $ 0 $ 0  
Liability for Future Policy Benefit, Weighted-Average Interest Accretion Rate 2.90% 2.90% 2.90%  
Liability for Future Policy Benefit, Current Weighted-Average Discount Rate 5.30% 5.00% 5.20%  
Deferred Profit Liability        
Liability for Future Policy Benefit, Activity [Line Items]        
Liability for Future Policy Benefit, before Reinsurance $ 17 $ 20 $ 19  
Long-Duration Insurance, Other        
Liability for Future Policy Benefit, Activity [Line Items]        
Liability for Future Policy Benefit, before Reinsurance $ 74 $ 78 $ 86