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Intangible Assets | 9 Months Ended
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Sep. 30, 2021
Statement of Financial Position [Abstract] |
Intangible Assets Disclosure [Text Block] | 7. INTANGIBLE ASSETS Insurance intangible asset: The insurance intangible asset and accumulated amortization are included in the Consolidated Balance Sheets, as shown below.
|  | September 30, 2021 |  | December 31, 2020
Gross carrying value of insurance intangible asset |  | $ | 1,277 |  |  | $ | 1,281 |
Accumulated amortization of insurance intangible asset |  | 947 |  |  | 908 |
Net insurance intangible asset |  | $ | 330 |  |  | 373 |
Other Intangible Assets: In connection with the acquisition of Xchange the fair value of identifiable intangible assets were recorded. The majority of these intangible assets relate to existing relationships Xchange maintained with a variety of brokers and distributors across its product lines. The gross carrying value of the identifiable intangibles, accumulated amortization and net identifiable intangibles is $36, $2 and $34, respectively at September 30, 2021 and $36, $— and $36, respectively at December 31, 2020. Amortization Expense: Amortization expense is included in the Consolidated Statements of Total Comprehensive Income (Loss), as shown below.
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
Insurance amortization expense |  | $ | 10 |  |  | $ | 14 |  |  | $ | 42 |  |  | $ | 41 |
Other amortization expense |  | 1 |  |  | — |  |  | 2 |  |  | — |
Total |  | $ | 11 |  |  | $ | 14 |  |  | $ | 44 |  |  | $ | 41 |
The estimated future amortization expense for intangible assets is as follows:
Amortization expense |  | Insurance Intangible Asset (1) (2) |  | Other Intangible Assets (2) |  | Total
2021 (Three months) |  | $ | 9 |  |  | $ | 1 |  |  | $ | 10 |
2022 |  | 34 |  |  | 3 |  |  | 36 |
2023 |  | 31 |  |  | 3 |  |  | 33 |
2024 |  | 28 |  |  | 3 |  |  | 31 |
2025 |  | 25 |  |  | 3 |  |  | 28 |
Thereafter |  | 203 |  |  | 22 |  |  | 226 |
(1)The insurance intangible asset will be amortized using a level-yield method based on par exposure of the related financial guarantee insurance or reinsurance contracts. Future amortization considers the use of contractual lives for many bond types which do not have homogeneous pools of underlying collateral. Actual maturities will differ from contractual maturities because borrowers have the right to call or prepay certain obligations. If those obligations are retired early, amortization expense may differ in the period of call or refinancing. from the amounts provided in the table above. (2)The weighted-average insurance intangible amortization and other intangible amortization periods are 7.4 years and 6.7 years, respectively.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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- References No definition available. + Details
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