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Reserve for Future Policy Benefits (Tables)
 9 Months Ended
Sep. 30, 2025
Insurance Loss Reserves [Abstract]  
Liability for Future Policy Benefit, Activity [Table Text Block]
Rollforward of Reserve for Future Policy Benefits
For the nine months ended September 30,
20252024
Payout AnnuitiesLife ConversionsPaid-up LifePayout AnnuitiesLife ConversionsPaid-up Life
Present Value of Expected Net Premiums
Balance, beginning of the period$45 $48 
Balance, ending of the period $43 $46 
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— — 1 — 2 — 
Effect of actual variances from expected experience(1)3 1 1 3 (1)
Adjusted beginning balance127 124 203 131 129 216 
Interest accrual and other4 15 4 5 16 5 
Benefit Payments(9)(21)(16)(9)(23)(19)
Ending balance at original discount rate122 118 191 127 122 202 
Ending adjustment for changes in single-A rate4 (13)(24)8 (10)(26)
Ending balance at single-A rate$126 $105 $167 $135 $112 $176 
Net reserve for future policy benefits$126 $62 $167 $135 $66 $176 
Weighted-average duration of the reserve for future policy benefits (years)9.411.06.29.011.66.6
 Net Reserve for Future Policy Benefits
As of September 30,
20252024
Payout Annuities$126 $135 
Life Conversions62 66 
Paid-up Life167 176 
Deferred Profit Liability16 19 
Other85 74 
Total$456 $470 
Undiscounted Expected Future Gross Premiums and Benefit Payments
As of September 30,
20252024
Payout Annuities [1]
Expected future benefit payments$240 $249 
Life Conversions
Expected future gross premiums$100 $107 
Expected future benefit payments$189 $199 
Paid-up Life [1]
Expected future benefit payments$244 $262 
[1]Payout Annuities and Paid-up Life have no expected future gross premiums.
Weighted-Average Interest Rates
As of September 30,
20252024
Payout Annuities
Interest accretion rate5.6 %5.6 %
Current discount rate5.2 %4.9 %
Life Conversions
Interest accretion rate4.3 %4.3 %
Current discount rate5.4 %5.0 %
Paid-up Life
Interest accretion rate2.9 %2.9 %
Current discount rate4.8 %4.7 %