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Reserve for Future Policy Benefits (Tables)
 6 Months Ended
Jun. 30, 2025
Insurance Loss Reserves [Abstract]  
Liability for Future Policy Benefit, Activity [Table Text Block]
Rollforward of Reserve for Future Policy Benefits
For the six months ended June 30,
20252024
Payout AnnuitiesLife ConversionsPaid-up LifePayout AnnuitiesLife ConversionsPaid-up Life
Present Value of Expected Net Premiums
Balance, beginning of the period$45 $49 
Balance, ending of the period $43 $45 
Present Value of Expected Future Policy Benefits
Beginning balance at single-A rate$128 $106 $168 $137 $113 $185 
Beginning adjustment for changes in single-A rate— (15)(33)7 (11)(32)
Beginning balance at original discount rate128 121 201 130 124 217 
Effect of changes in cash flow assumptions— — — — — — 
Effect of actual variances from expected experience(2)3 (1)1 2 — 
Adjusted beginning balance126 124 200 131 126 217 
Interest accrual and other3 11 3 3 9 3 
Benefit Payments(6)(16)(12)(6)(16)(12)
Ending balance at original discount rate123 119 191 128 119 208 
Ending adjustment for changes in single-A rate1 (15)(28)1 (14)(36)
Ending balance at single-A rate$124 $104 $163 $129 $105 $172 
Net reserve for future policy benefits$124 $61 $163 $129 $60 $172 
Weighted-average duration of the reserve for future policy benefits (years)9.311.06.59.011.56.3
 Net Reserve for Future Policy Benefits
As of June 30,
20252024
Payout Annuities$124 $129 
Life Conversions61 60 
Paid-up Life163 172 
Deferred Profit Liability19 20 
Other76 83 
Total$443 $464 
Undiscounted Expected Future Gross Premiums and Benefit Payments
As of June 30,
20252024
Payout Annuities [1]
Expected future benefit payments$242 $252 
Life Conversions
Expected future gross premiums$102 $109 
Expected future benefit payments$192 $199 
Paid-up Life [1]
Expected future benefit payments$249 $268 
[1]Payout Annuities and Paid-up Life have no expected future gross premiums.
Weighted-Average Interest Rates
As of June 30,
20252024
Payout Annuities
Interest accretion rate5.6 %5.6 %
Current discount rate5.4 %5.5 %
Life Conversions
Interest accretion rate4.3 %4.2 %
Current discount rate5.6 %5.5 %
Paid-up Life
Interest accretion rate2.9 %2.9 %
Current discount rate5.0 %5.4 %