Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details)
$ in Millions |
Jun. 30, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
Jun. 30, 2023
USD ($)
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
[1] |
$ 167,320
|
$ 166,527
|
|
| Embedded derivatives within Policyholder contract deposits |
|
11,100
|
10,200
|
|
| Policyholder contract deposits |
|
168,324
|
162,050
|
$ 159,644
|
| Obligations of states, municipalities and political subdivisions |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 5,035
|
$ 5,831
|
|
| Obligations of states, municipalities and political subdivisions | Minimum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0527
|
0.0497
|
|
| Obligations of states, municipalities and political subdivisions | Maximum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0570
|
0.0531
|
|
| Obligations of states, municipalities and political subdivisions | Weighted-average | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0549
|
0.0514
|
|
| Obligations of states, municipalities and political subdivisions | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 773
|
$ 821
|
|
| Corporate debt |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 101,245
|
$ 106,082
|
|
| Corporate debt | Minimum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0563
|
0.0526
|
|
| Corporate debt | Maximum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0849
|
0.0816
|
|
| Corporate debt | Weighted-average | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0706
|
0.0671
|
|
| Corporate debt | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 1,468
|
$ 1,471
|
|
| RMBS |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 16,255
|
$ 14,277
|
|
| RMBS | Minimum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0624
|
0.0611
|
|
| RMBS | Minimum | Prepayment Speed |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0443
|
0.0431
|
|
| RMBS | Minimum | Default Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0072
|
0.0073
|
|
| RMBS | Minimum | Loss Severity |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.4230
|
0.3064
|
|
| RMBS | Maximum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0749
|
0.0740
|
|
| RMBS | Maximum | Prepayment Speed |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.1026
|
0.0986
|
|
| RMBS | Maximum | Default Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0251
|
0.0252
|
|
| RMBS | Maximum | Loss Severity |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.7837
|
0.9103
|
|
| RMBS | Weighted-average | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0686
|
0.0675
|
|
| RMBS | Weighted-average | Prepayment Speed |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0734
|
0.0709
|
|
| RMBS | Weighted-average | Default Rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0161
|
0.0163
|
|
| RMBS | Weighted-average | Loss Severity |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.6033
|
0.6083
|
|
| RMBS | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 3,156
|
$ 3,315
|
|
| CLO | Minimum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0661
|
0.0606
|
|
| CLO | Maximum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0775
|
0.0781
|
|
| CLO | Weighted-average | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0718
|
0.0693
|
|
| CLO | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 1,705
|
$ 1,697
|
|
| ABS | Minimum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0567
|
0.0563
|
|
| ABS | Maximum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0768
|
0.0782
|
|
| ABS | Weighted-average | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0668
|
0.0673
|
|
| ABS | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 14,401
|
$ 11,367
|
|
| CMBS |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 10,304
|
$ 9,981
|
|
| CMBS | Minimum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0538
|
0.0549
|
|
| CMBS | Maximum | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.1630
|
0.1784
|
|
| CMBS | Weighted-average | Yield |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.1083
|
0.1166
|
|
| CMBS | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 522
|
$ 565
|
|
| Market risk benefit assets | Minimum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0625
|
0.0625
|
|
| Market risk benefit assets | Minimum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0016
|
0.0016
|
|
| Market risk benefit assets | Minimum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.2000
|
0.2000
|
|
| Market risk benefit assets | Minimum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.3825
|
0.3825
|
|
| Market risk benefit assets | Minimum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.8000
|
0.8000
|
|
| Market risk benefit assets | Minimum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0000
|
0.0000
|
|
| Market risk benefit assets | Minimum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0009
|
0.0000
|
|
| Market risk benefit assets | Maximum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.4935
|
0.4975
|
|
| Market risk benefit assets | Maximum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.2880
|
0.2880
|
|
| Market risk benefit assets | Maximum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
1.8618
|
1.8618
|
|
| Market risk benefit assets | Maximum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
1.6001
|
1.6001
|
|
| Market risk benefit assets | Maximum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
1.0000
|
1.0000
|
|
| Market risk benefit assets | Maximum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.3000
|
0.3000
|
|
| Market risk benefit assets | Maximum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Debt securities, available-for-sale, measurement input |
|
0.0249
|
0.0229
|
|
| Market risk benefit assets | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Bonds available-for-sale |
|
$ 1,187
|
$ 912
|
|
| GMWB only | Minimum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0625
|
0.0625
|
|
| GMWB only | Minimum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0016
|
0.0016
|
|
| GMWB only | Minimum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2000
|
0.2000
|
|
| GMWB only | Minimum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.3825
|
0.3825
|
|
| GMWB only | Minimum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.8000
|
0.8000
|
|
| GMWB only | Minimum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| GMWB only | Minimum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0009
|
0.0000
|
|
| GMWB only | Maximum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.4935
|
0.4975
|
|
| GMWB only | Maximum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2880
|
0.2880
|
|
| GMWB only | Maximum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.8618
|
1.8618
|
|
| GMWB only | Maximum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.6001
|
1.6001
|
|
| GMWB only | Maximum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.0000
|
1.0000
|
|
| GMWB only | Maximum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.3000
|
0.3000
|
|
| GMWB only | Maximum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0249
|
0.0229
|
|
| GMWB only | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivatives within Policyholder contract deposits |
|
$ 1,582
|
$ 2,174
|
|
| Fixed annuities guaranteed benefits | Minimum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0020
|
0.0020
|
|
| Fixed annuities guaranteed benefits | Minimum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2000
|
0.2000
|
|
| Fixed annuities guaranteed benefits | Minimum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.4026
|
0.4026
|
|
| Fixed annuities guaranteed benefits | Minimum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.9000
|
0.9000
|
|
| Fixed annuities guaranteed benefits | Minimum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0009
|
0.0000
|
|
| Fixed annuities guaranteed benefits | Maximum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.1575
|
0.1575
|
|
| Fixed annuities guaranteed benefits | Maximum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.8618
|
1.8618
|
|
| Fixed annuities guaranteed benefits | Maximum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.6843
|
1.6843
|
|
| Fixed annuities guaranteed benefits | Maximum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.9750
|
0.9750
|
|
| Fixed annuities guaranteed benefits | Maximum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0249
|
0.0229
|
|
| Fixed annuities guaranteed benefits | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivatives within Policyholder contract deposits |
|
$ 1,182
|
$ 1,111
|
|
| Fixed index annuities guaranteed benefits | Minimum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0625
|
0.0625
|
|
| Fixed index annuities guaranteed benefits | Minimum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0020
|
0.0020
|
|
| Fixed index annuities guaranteed benefits | Minimum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2000
|
0.2000
|
|
| Fixed index annuities guaranteed benefits | Minimum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2400
|
0.2400
|
|
| Fixed index annuities guaranteed benefits | Minimum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.6000
|
0.6000
|
|
| Fixed index annuities guaranteed benefits | Minimum | Option budget |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| Fixed index annuities guaranteed benefits | Minimum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| Fixed index annuities guaranteed benefits | Minimum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0009
|
0.0000
|
|
| Fixed index annuities guaranteed benefits | Maximum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.4935
|
0.4975
|
|
| Fixed index annuities guaranteed benefits | Maximum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.5000
|
0.5000
|
|
| Fixed index annuities guaranteed benefits | Maximum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.8618
|
1.8618
|
|
| Fixed index annuities guaranteed benefits | Maximum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.4600
|
1.4600
|
|
| Fixed index annuities guaranteed benefits | Maximum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.9750
|
0.9750
|
|
| Fixed index annuities guaranteed benefits | Maximum | Option budget |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0600
|
0.0600
|
|
| Fixed index annuities guaranteed benefits | Maximum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.3000
|
0.3000
|
|
| Fixed index annuities guaranteed benefits | Maximum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0249
|
0.0229
|
|
| Fixed index annuities guaranteed benefits | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivatives within Policyholder contract deposits |
|
$ 2,360
|
$ 2,420
|
|
| Index credits on fixed index annuities |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Policyholder contract deposits |
|
$ 1,800
|
$ 1,500
|
|
| Index credits on fixed index annuities | Minimum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0625
|
0.0625
|
|
| Index credits on fixed index annuities | Minimum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0020
|
0.0020
|
|
| Index credits on fixed index annuities | Minimum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2000
|
0.2000
|
|
| Index credits on fixed index annuities | Minimum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.2400
|
0.2400
|
|
| Index credits on fixed index annuities | Minimum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.6000
|
0.6000
|
|
| Index credits on fixed index annuities | Minimum | Option budget |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| Index credits on fixed index annuities | Minimum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| Index credits on fixed index annuities | Minimum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0009
|
0.0000
|
|
| Index credits on fixed index annuities | Maximum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.4935
|
0.4975
|
|
| Index credits on fixed index annuities | Maximum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.5000
|
0.5000
|
|
| Index credits on fixed index annuities | Maximum | Dynamic lapse multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.8618
|
1.8618
|
|
| Index credits on fixed index annuities | Maximum | Mortality multiplier |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.4600
|
1.4600
|
|
| Index credits on fixed index annuities | Maximum | Utilization |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.9750
|
0.9750
|
|
| Index credits on fixed index annuities | Maximum | Option budget |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0600
|
0.0600
|
|
| Index credits on fixed index annuities | Maximum | Equity / interest-rate correlation |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.3000
|
0.3000
|
|
| Index credits on fixed index annuities | Maximum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0249
|
0.0229
|
|
| Index credits on fixed index annuities | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivatives within Policyholder contract deposits |
|
$ 8,033
|
$ 6,953
|
|
| Index universal life | Minimum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0585
|
0.0585
|
|
| Index universal life | Minimum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| Index universal life | Minimum | Mortality rates |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0000
|
0.0000
|
|
| Index universal life | Minimum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0009
|
0.0000
|
|
| Index universal life | Maximum | Equity Volatility |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.1969
|
0.2036
|
|
| Index universal life | Maximum | Base lapse rate |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.3797
|
0.3797
|
|
| Index universal life | Maximum | Mortality rates |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
1.0000
|
1.0000
|
|
| Index universal life | Maximum | NPA |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivative liability, measurement input |
|
0.0249
|
0.0229
|
|
| Index universal life | Level 3 |
|
|
|
|
| Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
|
|
|
|
| Embedded derivatives within Policyholder contract deposits |
|
$ 1,003
|
$ 989
|
|
|
|