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v3.23.3

Contractholder Funds - Changes in Policyholder Account Balances (Details) - USD ($) $ in Millions | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2023 | Dec. 31, 2022
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | $ 26,349.6 |
Policyholder account balance, end of period | 25,488.8 | $ 26,349.6
Retirement and Income Solutions |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 19,764.4 |
Policyholder account balance, end of period | 18,957.1 | 19,764.4
Retirement and Income Solutions | Workplace savings and retirement solutions |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 12,154.7 | 10,996.2
Premiums and deposits | 3,308.2 | 3,719.5
Policy charges | (23.0) | (28.5)
Surrenders, withdrawals and benefit payments | (3,451.0) | (2,866.7)
Net transfers from (to) separate account | 403.5 | 164.6
Interest credited | 203.6 | 194.3
Other | (24.8) | (24.7)
Policyholder account balance, end of period | $ 12,571.2 | $ 12,154.7
Weighted-average crediting rate | 2.40% | 1.94%
Cash surrender value | $ 10,871.5 | $ 10,341.7
Retirement and Income Solutions | Individual variable annuities |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 381.4 | 380.9
Premiums and deposits | 405.2 | 426.5
Surrenders, withdrawals and benefit payments | (791.6) | (843.2)
Net transfers from (to) separate account | 434.1 | 406.6
Interest credited | 7.5 | 10.6
Policyholder account balance, end of period | $ 436.6 | $ 381.4
Weighted-average crediting rate | 2.82% | 2.79%
Cash surrender value | $ 334.5 | $ 378.6
Retirement and Income Solutions | Individual fixed deferred annuities |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 7,228.3 | 9,646.3
Premiums and deposits | 28.9 | 35.9
Surrenders, withdrawals and benefit payments | (1,431.5) | (2,655.6)
Interest credited | 123.6 | 201.7
Policyholder account balance, end of period | $ 5,949.3 | $ 7,228.3
Weighted-average crediting rate | 2.78% | 2.63%
Cash surrender value | $ 5,836.2 | $ 7,081.4
Benefits and Protection | Life Insurance | Universal life |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 6,947.9 | 6,962.5
Premiums and deposits | 942.4 | 1,267.2
Policy charges | (640.8) | (837.8)
Surrenders, withdrawals and benefit payments | (396.8) | (390.0)
Net transfers from (to) separate account | (140.7) | (301.5)
Interest credited | 176.3 | 247.5
Other | (0.2) |
Policyholder account balance, end of period | 6,888.1 | 6,947.9
Reinsurance impact | (3,427.6) | (3,528.9)
Policyholder account balance at end of period after reinsurance | $ 3,460.5 | $ 3,419.0
Weighted-average crediting rate | 3.75% | 3.35%
Net amount at risk | $ 86,494.3 | $ 86,547.9
Cash surrender value | $ 5,904.0 | $ 5,911.5

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