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Reinsurance (Tables) | 12 Months Ended
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Dec. 31, 2025
Insurance [Abstract] |
Effects of Reinsurance | Information regarding the effect of reinsurance on the Consolidated Balance Sheets is as follows as of the periods indicated:
| Direct |  | Assumed(1) |  | Ceded |  | Total, Net of Reinsurance
December 31, 2025 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Premium receivable | $ | 189 |  |  | $ | 12 |  |  | $ | (241) |  |  | $ | (40) |
Reinsurance recoverable, net of allowance for credit losses | — |  |  | — |  |  | 10,753 |  |  | 10,753 |
Total | $ | 189 |  |  | $ | 12 |  |  | $ | 10,512 |  |  | $ | 10,713 |
Liabilities |  |  |  |  |  |  |
Future policy benefits and contract owner account balances | $ | 45,302 |  |  | $ | 4,054 |  |  | $ | — |  |  | $ | 49,356 |
Total | $ | 45,302 |  |  | $ | 4,054 |  |  | $ | — |  |  | $ | 49,356 |
December 31, 2024 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Premium receivable | $ | 205 |  |  | $ | 10 |  |  | $ | (238) |  |  | $ | (23) |
Reinsurance recoverable, net of allowance for credit losses | — |  |  | — |  |  | 11,307 |  |  | 11,307 |
Total | $ | 205 |  |  | $ | 10 |  |  | $ | 11,069 |  |  | $ | 11,284 |
Liabilities |  |  |  |  |  |  |
Future policy benefits and contract owner account balances | $ | 45,540 |  |  | $ | 896 |  |  | $ | — |  |  | $ | 46,436 |
Total | $ | 45,540 |  |  | $ | 896 |  |  | $ | — |  |  | $ | 46,436 |
(1) As of December 31, 2025, Future policy benefits and contract owner account balances include $3.1 billion of full-service retirement plan contracts assumed related to the acquisition of OneAmerica Financial's full-service retirement plan business. Information regarding the effect of reinsurance in the Consolidated Statements of Operations is as follows for the periods indicated:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
Premiums: |  |  |  |  |
Direct premiums | $ | 3,804 |  |  | $ | 4,084 |  |  | $ | 3,599 |
Reinsurance assumed | 35 |  |  | 21 |  |  | 26 |
Reinsurance ceded | (927) |  |  | (929) |  |  | (908) |
Net premiums | $ | 2,912 |  |  | $ | 3,176 |  |  | $ | 2,717 |
Fee income: |  |  |  |  |
Direct fee income | $ | 2,689 |  |  | $ | 2,494 |  |  | $ | 2,303 |
Reinsurance assumed | 109 |  |  | 16 |  |  | 17 |
Reinsurance ceded | (402) |  |  | (397) |  |  | (404) |
Net fee income | $ | 2,396 |  |  | $ | 2,113 |  |  | $ | 1,916 |
Interest credited and other benefits to contract owners / policyholders:
Direct interest credited and other benefits to contract owners / policyholders | $ | 4,630 |  |  | $ | 4,931 |  |  | $ | 4,322 |
Reinsurance assumed | 140 |  |  | 60 |  |  | 64 |
Reinsurance ceded | (1,409) |  |  | (1,372) |  |  | (1,350) |
Net interest credited and other benefits to contract owners / policyholders | $ | 3,361 |  |  | $ | 3,619 |  |  | $ | 3,036 |

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- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479838/944-20-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 605 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479032/944-605-50-1 + Details
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- References No definition available. + Details
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