FAIR VALUE DISCLOSURES - Quantitative Information about Level 3 (Details) $ in Millions |
12 Months Ended |
|
Dec. 31, 2018
USD ($)
|
Dec. 31, 2017
USD ($)
|
Dec. 31, 2016
USD ($)
|
Dec. 31, 2015
USD ($)
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Investment gains (losses), net |
$ (86)
|
$ (191)
|
$ 1,983
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
89
|
7
|
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
28
|
5
|
|
|
Asset Derivatives |
4,725
|
6,046
|
|
|
Level 3 | Public corporate |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
1,186
|
1,150
|
857
|
$ 430
|
Net investment income (loss) |
8
|
4
|
|
|
Investment gains (losses), net |
(9)
|
1
|
2
|
|
Gain (loss) included in earnings |
(1)
|
5
|
|
|
Other comprehensive income (loss) |
(21)
|
4
|
8
|
|
Purchases |
334
|
615
|
574
|
|
Sales |
(337)
|
(333)
|
(144)
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
89
|
7
|
25
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
(28)
|
(5)
|
(38)
|
|
Level 3 | Asset-backed |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
519
|
541
|
120
|
41
|
Net investment income (loss) |
0
|
0
|
|
|
Investment gains (losses), net |
0
|
15
|
0
|
|
Gain (loss) included in earnings |
0
|
15
|
|
|
Other comprehensive income (loss) |
(9)
|
(7)
|
1
|
|
Purchases |
17
|
434
|
96
|
|
Sales |
(30)
|
(21)
|
(9)
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
(9)
|
|
Level 3 | Separate Accounts |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
374
|
349
|
313
|
313
|
Investment gains (losses), net |
26
|
29
|
19
|
|
Gain (loss) included in earnings |
26
|
29
|
19
|
|
Other comprehensive income (loss) |
0
|
0
|
0
|
|
Purchases |
5
|
13
|
10
|
|
Sales |
1
|
2
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
1
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
23
|
|
Level 3 | GMIB reinsurance contracts |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
1,732
|
1,894
|
1,735
|
1,829
|
Investment gains (losses), net |
0
|
0
|
0
|
|
Gain (loss) included in earnings |
(164)
|
174
|
(77)
|
|
Other comprehensive income (loss) |
0
|
0
|
0
|
|
Purchases |
46
|
48
|
48
|
|
Sales |
44
|
63
|
65
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
0
|
|
Level 3 | States and political subdivisions |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
39
|
40
|
42
|
45
|
Net investment income (loss) |
0
|
0
|
|
|
Investment gains (losses), net |
0
|
0
|
0
|
|
Gain (loss) included in earnings |
0
|
0
|
|
|
Other comprehensive income (loss) |
(1)
|
(1)
|
(2)
|
|
Purchases |
0
|
0
|
0
|
|
Sales |
(1)
|
(1)
|
(1)
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
1
|
0
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
0
|
|
Level 3 | Foreign governments |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
0
|
0
|
0
|
1
|
Net investment income (loss) |
0
|
0
|
|
|
Investment gains (losses), net |
0
|
0
|
0
|
|
Gain (loss) included in earnings |
0
|
0
|
|
|
Other comprehensive income (loss) |
0
|
0
|
0
|
|
Purchases |
0
|
0
|
0
|
|
Sales |
0
|
0
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
(1)
|
|
Level 3 | Commercial mortgage-backed |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
0
|
0
|
373
|
$ 535
|
Net investment income (loss) |
0
|
(2)
|
|
|
Investment gains (losses), net |
0
|
(95)
|
(71)
|
|
Gain (loss) included in earnings |
0
|
(97)
|
|
|
Other comprehensive income (loss) |
0
|
78
|
14
|
|
Purchases |
0
|
0
|
0
|
|
Sales |
0
|
(354)
|
(91)
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
0
|
|
AFS fixed maturities transferred from Level 3 to Level 2 |
0
|
0
|
$ (14)
|
|
Other equity investments | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
$ 35
|
$ 38
|
|
|
Fair Value Inputs, Discount Period |
12 years
|
12 years
|
|
|
Other equity investments | Discount Rate | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
0.100
|
0.100
|
|
|
Other equity investments | Revenue Multiple | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
9.4
|
10.8
|
|
|
Other equity investments | Revenue Multiple | Level 3 | Discounted Cash Flow Valuation Technique | Weighted Average |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
9.4
|
|
|
|
Public corporate | Level 3 | Matrix Pricing Model Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
$ 99
|
$ 53
|
|
|
Public corporate | Level 3 | Matrix Pricing Model Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Spread Over Industry Yield Curve BPS |
0.015
|
0
|
|
|
Public corporate | Level 3 | Matrix Pricing Model Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Spread Over Industry Yield Curve BPS |
0.0580
|
0.0565
|
|
|
Public corporate | Level 3 | Matrix Pricing Model Valuation Technique | Weighted Average |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Spread Over Industry Yield Curve BPS |
0.0109
|
0.0125
|
|
|
Public corporate | Level 3 | Market Comparable Companies Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
$ 881
|
$ 789
|
|
|
Public corporate | EBITDA Multiple | Level 3 | Market Comparable Companies Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
4.1
|
5.3
|
|
|
Public corporate | EBITDA Multiple | Level 3 | Market Comparable Companies Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
37.8
|
27.9
|
|
|
Public corporate | EBITDA Multiple | Level 3 | Market Comparable Companies Valuation Technique | Weighted Average |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
12.1
|
12.9
|
|
|
Public corporate | Discount Rate | Level 3 | Market Comparable Companies Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
0.064
|
0.072
|
|
|
Public corporate | Discount Rate | Level 3 | Market Comparable Companies Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
0.165
|
0.170
|
|
|
Public corporate | Discount Rate | Level 3 | Market Comparable Companies Valuation Technique | Weighted Average |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
0.110
|
0.111
|
|
|
Public corporate | Cash Flow Multiples | Level 3 | Market Comparable Companies Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
1.8
|
9.0
|
|
|
Public corporate | Cash Flow Multiples | Level 3 | Market Comparable Companies Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
18.0
|
17.7
|
|
|
Public corporate | Cash Flow Multiples | Level 3 | Market Comparable Companies Valuation Technique | Weighted Average |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Equity securities, measurement input |
11.4
|
13.1
|
|
|
Guaranteed Insurance Benefits | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Liability, fair value |
$ (48)
|
$ (27)
|
|
|
Guaranteed Insurance Benefits | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.005
|
0.009
|
|
|
Guaranteed Insurance Benefits | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.057
|
0.057
|
|
|
Guaranteed Insurance Benefits | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.00
|
0.000
|
|
|
Guaranteed Insurance Benefits | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.080
|
0.070
|
|
|
Guaranteed Insurance Benefits | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.00
|
0.000
|
|
|
Guaranteed Insurance Benefits | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.160
|
0.160
|
|
|
Guaranteed Insurance Benefits | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.100
|
0.099
|
|
|
Guaranteed Insurance Benefits | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.340
|
0.309
|
|
|
Assumed GMIB Reinsurance Contracts | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Liability, fair value |
$ 183
|
$ 194
|
|
|
Assumed GMIB Reinsurance Contracts | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.011
|
0.011
|
|
|
Assumed GMIB Reinsurance Contracts | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.112
|
0.133
|
|
|
Assumed GMIB Reinsurance Contracts | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.007
|
0.007
|
|
|
Assumed GMIB Reinsurance Contracts | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.222
|
0.222
|
|
|
Assumed GMIB Reinsurance Contracts | Withdrawal Rate 2 | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.013
|
0.013
|
|
|
Assumed GMIB Reinsurance Contracts | Withdrawal Rate 2 | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
1.000
|
1.000
|
|
|
Assumed GMIB Reinsurance Contracts | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.00
|
0.00
|
|
|
Assumed GMIB Reinsurance Contracts | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.300
|
0.300
|
|
|
Assumed GMIB Reinsurance Contracts | Non Performance | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
|
0.013
|
|
|
Assumed GMIB Reinsurance Contracts | Non Performance | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.011
|
|
|
|
Assumed GMIB Reinsurance Contracts | Non Performance | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.024
|
|
|
|
Assumed GMIB Reinsurance Contracts | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.100
|
0.099
|
|
|
Assumed GMIB Reinsurance Contracts | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.340
|
0.309
|
|
|
GMIB and GWBL | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Liability, fair value |
$ 130
|
$ 130
|
|
|
GMIB and GWBL | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.005
|
0.009
|
|
|
GMIB and GWBL | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.057
|
0.057
|
|
|
GMIB and GWBL | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.000
|
0.000
|
|
|
GMIB and GWBL | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.070
|
0.070
|
|
|
GMIB and GWBL | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
1.00
|
1.00
|
|
|
GMIB and GWBL | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.100
|
0.099
|
|
|
GMIB and GWBL | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.340
|
0.309
|
|
|
Guaranteed Minimum Annuity Benefits | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Liability, fair value |
$ 7
|
$ 5
|
|
|
Guaranteed Minimum Annuity Benefits | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.005
|
0.005
|
|
|
Guaranteed Minimum Annuity Benefits | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.110
|
0.110
|
|
|
Guaranteed Minimum Annuity Benefits | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.100
|
0.099
|
|
|
Guaranteed Minimum Annuity Benefits | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.340
|
0.309
|
|
|
GMIB reinsurance contracts | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Asset Derivatives |
$ 1,732
|
$ 1,894
|
|
|
GMIB reinsurance contracts | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.01
|
0.010
|
|
|
GMIB reinsurance contracts | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0627
|
0.063
|
|
|
GMIB reinsurance contracts | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0
|
0.000
|
|
|
GMIB reinsurance contracts | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.08
|
0.080
|
|
|
GMIB reinsurance contracts | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.000
|
0.000
|
|
|
GMIB reinsurance contracts | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.16
|
0.160
|
|
|
GMIB reinsurance contracts | Non Performance | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0074
|
0.0005
|
|
|
GMIB reinsurance contracts | Non Performance | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0159
|
0.0010
|
|
|
GMIB reinsurance contracts | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.10
|
0.099
|
|
|
GMIB reinsurance contracts | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.34
|
0.309
|
|
|
Separate Accounts | Level 3 | Third Party Appraisal Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Fair Value Unabsorvable Inputs |
$ 352
|
$ 326
|
|
|
Separate Accounts | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Spread Over Industry Yield Curve BPS |
0.0248
|
243.0000
|
|
|
Fair Value Unabsorvable Inputs |
$ 1
|
$ 1
|
|
|
Separate Accounts | Discount Rate | Level 3 | Third Party Appraisal Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.065
|
0.066
|
|
|
Separate Accounts | Discount Rate | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.051
|
0.04409
|
|
|
Separate Accounts | Cap Rate | Level 3 | Third Party Appraisal Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.044
|
0.046
|
|
|
Separate Accounts | Exit Capitalization Rate | Level 3 | Third Party Appraisal Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.056
|
0.056
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Liability, fair value |
$ 5,341
|
$ 4,149
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.008
|
0.008
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Lapse Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.262
|
0.262
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.000
|
0.000
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Withdrawal Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.121
|
0.124
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.000
|
0.0000
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Utilization Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
1.000
|
0.160
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Non Performance | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.0189
|
0.010
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Forfeiture Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
|
0.0055
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Forfeiture Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
|
0.021
|
|
|
Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Equity Volatility | Level 3 | Discounted Cash Flow Valuation Technique |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
|
0.200
|
|
|
Ages 0 - 40 | GMIB reinsurance contracts | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0001
|
0.0001
|
|
|
Ages 0 - 40 | GMIB reinsurance contracts | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0018
|
0.0018
|
|
|
Ages 0 - 40 | Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.0001
|
0.0001
|
|
|
Ages 0 - 40 | Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.0019
|
0.0019
|
|
|
Ages 41 - 60 | GMIB reinsurance contracts | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0007
|
0.0007
|
|
|
Ages 41 - 60 | GMIB reinsurance contracts | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0054
|
0.0054
|
|
|
Ages 41 - 60 | Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.0006
|
0.0006
|
|
|
Ages 41 - 60 | Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.0053
|
0.0053
|
|
|
Ages 60 - 115 | GMIB reinsurance contracts | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.0042
|
0.0042
|
|
|
Ages 60 - 115 | GMIB reinsurance contracts | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing asset, measurement input |
0.420
|
0.4200
|
|
|
Ages 60 - 115 | Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Minimum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.0041
|
0.0041
|
|
|
Ages 60 - 115 | Guaranteed Minimum Insurance Benefits no Lapse Guarantee | Mortality Rate | Level 3 | Discounted Cash Flow Valuation Technique | Maximum |
|
|
|
|
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
|
|
|
|
Servicing liability, measurement input |
0.412
|
0.412
|
|
|