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MRBs (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
MRBs [Abstract] |
Reconciles of MRBs Assets and Liabilities |
| As of December 31, 2022 |  | As of December 31, 2021 |
|  |  |  |  |  |  | Net |  |  |  |  |  |  |  | Net |
|  |  |  |  |  |  | (Assets) |  |  |  |  |  |  |  | (Assets) |
| Assets |  | Liabilities |  | Liabilities |  | Assets |  | Liabilities |  | Liabilities |
Variable Annuities | $ | 2,666 |  | $ | 2,004 |  | $ | (662 | ) | $ | 1,784 |  | $ | 4,182 |  | $ | 2,398 |
Fixed Annuities |  | 117 |  |  | 72 |  |  | (45 | ) |  | 91 |  |  | 205 |  |  | 114 |
Retirement Plan Services |  | 24 |  |  | 2 |  |  | (22 | ) |  | 13 |  |  | 12 |  |  | (1 | )
Total MRBs | $ | 2,807 |  | $ | 2,078 |  | $ | (729 | ) | $ | 1,888 |  | $ | 4,399 |  | $ | 2,511 |
Summary of Balances of Changes in Net MRB (Assets) Liabilities |
| As of or For the Year Ended |  | As of or For the Year Ended |
| December 31, 2022 |  | December 31, 2021 |
|  |  |  |  | Retirement |  |  |  |  |  | Retirement |
| Variable |  | Fixed |  | Plan |  | Variable |  | Fixed |  | Plan |
| Annuities |  | Annuities |  | Services |  | Annuities |  | Annuities |  | Services |
Balance as of beginning-of-year | $ | 2,398 |  | $ | 114 |  | $ | (1 | ) | $ | 5,207 |  | $ | 118 |  | $ | 9 |
Balance as of beginning-of-year, before the effect |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
of changes in non-performance risk |  | 4,823 |  |  | 158 |  |  | 12 |  |  | 8,799 |  |  | 170 |  |  | 21 |
Issuances |  | 12 |  |  | - |  |  | (3 | ) |  | 29 |  |  | - |  |  | 1 |
Attributed fees collected |  | 1,571 |  |  | 32 |  |  | 6 |  |  | 1,667 |  |  | 32 |  |  | 5 |
Benefit payments |  | (63 | ) |  | - |  |  | - |  |  | (24 | ) |  | - |  |  | - |
Effect of changes in interest rates |  | (9,346 | ) |  | (232 | ) |  | (55 | ) |  | (2,935 | ) |  | (57 | ) |  | (8 | )
Effect of changes in equity markets |  | 4,293 |  |  | 12 |  |  | 18 |  |  | (2,837 | ) |  | (5 | ) |  | (12 | )
Effect of changes in equity index volatility |  | (225 | ) |  | 14 |  |  | (1 | ) |  | (6 | ) |  | (2 | ) |  | (1 | )
In-force updates and other changes in MRBs (1) |  | 661 |  |  | 10 |  |  | 3 |  |  | (134 | ) |  | 8 |  |  | 5 |
Effect of changes in future expected |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
policyholder behavior |  | (158 | ) |  | 1 |  |  | - |  |  | 293 |  |  | 12 |  |  | 1 |
Effect of changes in other future expected |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
assumptions (2) |  | (57 | ) |  | - |  |  | - |  |  | (29 | ) |  | - |  |  | - |
Balance as of end-of-year, before the effect of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
changes in non-performance risk |  | 1,511 |  |  | (5 | ) |  | (20 | ) |  | 4,823 |  |  | 158 |  |  | 12 |
Effect of cumulative changes in |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
non-performance risk |  | (2,173 | ) |  | (40 | ) |  | (2 | ) |  | (2,425 | ) |  | (44 | ) |  | (13 | )
Balance as of end-of-year |  | (662 | ) |  | (45 | ) |  | (22 | ) |  | 2,398 |  |  | 114 |  |  | (1 | )
Less: ceded MRB assets (liabilities) |  | (193 | ) |  | - |  |  | - |  |  | 78 |  |  | - |  |  | - |
Balance as of end-of-year, net of reinsurance | $ | (469 | ) | $ | (45 | ) | $ | (22 | ) | $ | 2,320 |  | $ | 114 |  | $ | (1 | )
Weighted-average age of policyholders (years) |  | 71 |  |  | 68 |  |  | 63 |  |  | 71 |  |  | 67 |  |  | 62 |
Net amount at risk (3) |  | 7,974 |  |  | 171 |  |  | 15 |  |  | 906 |  |  | 122 |  |  | 3 |
(1)

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