XML 47 R35.htm IDEA: XBRL DOCUMENT v3.21.2
F&G Reinsurance (Tables)
 9 Months Ended
Sep. 30, 2021
Reinsurance Disclosures [Abstract]  
Effect of Reinsurance on Premiums Earned, Benefits Incurred and Reserve Changes
The effect of reinsurance on net premiums earned and net benefits incurred (benefits paid and reserve changes) for the three and nine months ended September 30, 2021 and the three and four months ended September 30, 2020 (following our June 1, 2020 acquisition of F&G) were as follows (in millions):
Three months endedNine months endedFour months ended
September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Net Premiums EarnedNet Benefits IncurredNet Premiums EarnedNet Benefits IncurredNet Premiums EarnedNet Benefits IncurredNet Premiums EarnedNet Benefits Incurred
Direct$412 $461 $48 $308 $500 $1,646 $65 $463 
Ceded(32)(276)(36)(57)(103)(912)(49)(57)
   Net$380 $185 $12 $251 $397 $734 $16 $406