Closed Block (Tables)

12 Months Ended

Dec. 31, 2016

Insurance [Abstract]

Schedule of Closed Block Assets and Liabilities

Summarized financial information of the AmerUs Closed Block is presented below.

	December 31,
(In millions)	2016		2015
Liabilities
Future policy benefits	$	1,607	$	1,581
Other policy claims and benefits	25		12
Dividends payable to policyholders	96		94
Other liabilities	23		10
Total liabilities	1,751		1,697
Assets
Trading securities	1,380		1,316
Mortgage loans, net of allowances	44		48
Policy loans	183		181
Total investments	1,607		1,545
Cash and cash equivalents	23		45
Accrued investment income	27		18
Reinsurance recoverable	29		22
Other assets	1		3
Total assets	1,687		1,633
Maximum future earnings to be recognized from AmerUs Closed Block	$	64	$	64

Closed Block Operations, Net Results

The following represents the contribution from AmerUs Closed Block.

	Years ended December 31,
(In millions)	2016		2015			2014
Revenues
Premiums	$	24	$	58		$	64
Net investment income	84		86			86
Investment related gains (losses)	42		(124		)	110
Total revenues	150		20			260
Benefits and Expenses
Future policy and other policy benefits	107		(24		)	212
Dividends to policyholders	40		45			45
Total benefits and expenses	147		21			257
Contribution from (to) AmerUs Closed Block before income taxes	3		(1		)	3
Federal income taxes funded by the Closed Block	3		1			6
Contribution to AmerUs Closed Block, net of income taxes	$	—	$	(2	)	$	(3	)