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v3.25.3

REINSURANCE - Effects of Reinsurance (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Reinsurance Disclosures [Abstract] |  |  |  |
Direct charges and fee income | $ 805 | $ 809 | $ 2,396 | $ 2,406
Reinsurance assumed | 0 | 0 | 0 | 0
Reinsurance ceded | (334) | (183) | (663) | (549)
Policy charges and fee income | 471 | 626 | 1,733 | 1,857
Direct premiums | 276 | 332 | 865 | 933
Reinsurance assumed | 45 | 40 | 125 | 130
Reinsurance ceded | (63) | (60) | (168) | (184)
Premiums | 258 | 312 | 822 | 879
Direct policyholders’ benefits | 764 | 799 | 2,684 | 2,468
Reinsurance assumed | 43 | 31 | 118 | 114
Reinsurance ceded | (355) | (167) | (804) | (575)
Policyholders’ benefits | 452 | 663 | 1,998 | 2,007
Direct interest credited to policyholders’ account balances | 876 | 708 | 2,394 | 1,940
Reinsurance ceded | (78) | (7) | (122) | (61)
Interest credited to policyholders’ account balances | $ 798 | $ 701 | $ 2,272 | $ 1,879

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- Definition Income from agency and brokerage operations (includes sales of annuities and supplemental contracts); service charges, commissions, and fees from the sale of insurance and related services; and management fees from separate accounts, deferred annuities, and universal life products that is ceded to other entities. + References No definition available. + Details
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- Definition Amount of policy benefits and costs incurred for policies assumed. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479838/944-20-50-3 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(5)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 + Details
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