XML 80 R48.htm IDEA: XBRL DOCUMENT
v3.22.4

REINSURANCE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Reinsurance Disclosures [Abstract] |
Schedule Of Effect Of Reinsurance | The following table summarizes the effect of reinsurance. The impact of the transactions described above results in a decrease to reinsurance assumed and an increase in reinsurance ceded.
|  |  | Year Ended December 31,
|  |  |  |  | 2022 |  | 2021 |  | 2020
|  |  |  |  | (in millions)
Direct premiums |  |  |  |  | $ | 1,042 |  |  | $ | 970 |  |  | $ | 929 |
Reinsurance assumed |  |  |  |  | 180 |  |  | 189 |  |  | 222 |
Reinsurance ceded |  |  |  |  | (228) |  |  | (199) |  |  | (154) |
Premiums |  |  |  |  | $ | 994 |  |  | $ | 960 |  |  | $ | 997 |
Direct charges and fee income |  |  |  |  | $ | 3,932 |  |  | $ | 4,250 |  |  | $ | 4,149 |
Reinsurance ceded |  |  |  |  | (691) |  |  | (613) |  |  | (414) |
Policy charges and fee income |  |  |  |  | $ | 3,241 |  |  | $ | 3,637 |  |  | $ | 3,735 |
Direct policyholders’ benefits |  |  |  |  | $ | 4,371 |  |  | $ | 3,843 |  |  | $ | 5,826 |
Reinsurance assumed |  |  |  |  | 209 |  |  | 238 |  |  | 241 |
Reinsurance ceded |  |  |  |  | (1,195) |  |  | (863) |  |  | (741) |
Policyholders’ benefits |  |  |  |  | $ | 3,385 |  |  | $ | 3,218 |  |  | $ | 5,326 |
Direct interest credited to policyholders’ account balances |  |  |  |  | $ | 1,433 |  |  | $ | 1,271 |  |  | $ | 1,252 |
Reinsurance ceded |  |  |  |  | (24) |  |  | (52) |  |  | (30) |
Interest credited to policyholders’ account balances |  |  |  |  | $ | 1,409 |  |  | $ | 1,219 |  |  | $ | 1,222 |
Schedule of Ceded Credit Risk | The following table summarizes the ceded reinsurance GMIB reinsurance contracts, third-party recoverables, amount due to reinsurance and assumed reserves.
| December 31,
| 2022 |  | 2021
| (in millions)
Ceded Reinsurance: |  |  |
Estimated net fair values of ceded GMIB reinsurance contracts, considered derivatives (1) | $ | 1,229 |  |  | $ | 1,848 |
Estimated net fair values of ceded GMIB NLG ceded reserves to Venerable (2) | 4,114 |  |  | 5,813 |
Third-party reinsurance recoverables related to insurance contracts | 17,201 |  |  | 14,679 |
Top reinsurers: |  |  |
Venerable Insurance and Annuity Company (A- KBRA (IFRS) rating) | 8,966 |  |  | 10,291
First Allmerica-GAF | 4,005 |  |  |
RGA Reinsurance Company (AA- S&P rating)) | 1,272 |  |  | 1,138 |
Zurich Life Insurance Company, Ltd. (AA- S&P rating) | 1,181 |  |  | 1,318 |
Ceded group health reserves | 47 |  |  | 40 |
Amount due to reinsurers | 1,533 |  |  | 1,381 |
Top reinsurers: |  |  |
RGA Reinsurance Company | 1,171 |  |  | 1,212
First Allmerica-GAF | 147 |  |  | — |
Protective Life Insurance Company | 104 |  |  | 111 |
Assumed Reinsurance: |  |  |
Reinsurance assumed reserves | 662 |  |  | 798 |
______________ (1)The estimated fair values increased/(decreased) ($619) million, ($640) million and $349 million for the years ended December 31, 2022, 2021 and 2020, respectively. (2)Reported in amounts due from reinsurers. See Note 1 of the Notes to these Consolidated Financial Statements for details of the Venerable transaction.

X
- Definition Schedule of effect of reinsurance. + References No definition available. + Details
Name: | eqh_ScheduleOfEffectOfReinsuranceTableTextBlock
Namespace Prefix: | eqh_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReinsuranceDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of reinsurer or group of reinsurers for whom the entity has a concentration of credit risk. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 825 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=123600520&loc=SL75241803-196195 + Details
Name: | us-gaap_ScheduleOfCededCreditRiskByReinsurerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration