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Fair Value - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Available-for-sale securities $ 100,966 $ 110,561
Mortgage loans   24,148
Derivative assets 2,932 4,387
Restricted cash 753 796
Reinsurance recoverable (portion at fair value: 2022 – $1,580 and 2021 – $1,991) 4,437 4,594
Liabilities    
Interest sensitive contract liabilities 164,571 156,325
Future policy benefits 52,478 42,488
Derivative liabilities 1,223 472
Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 92,011 100,159
Trading securities, at fair value 1,735 2,056
Mortgage loans 25,218 20,748
Investment funds 25 183
Funds withheld at interest (37,638) (43,907)
Derivative assets 2,932 4,387
Short-term investments 264 139
Other investments 855 1,473
Related Party    
Assets    
Available-for-sale securities 8,955 10,402
Trading securities, at fair value 898 1,781
Equity securities, at fair value 163 284
Mortgage loans 1,416 1,360
Investment funds 818 2,958
Funds withheld at interest (10,675) (12,207)
Other investments 272 222
Liabilities    
Interest sensitive contract liabilities 12,653 12,948
Future policy benefits 2,078 1,853
Variable Interest Entities    
Assets    
Trading securities, at fair value 386 0
Mortgage loans 1,992 2,040
Other investments 111 0
U.S. government and agencies | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,794 223
U.S. state, municipal and political subdivisions | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 1,000 1,213
Foreign governments | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 896 1,128
Corporate | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 56,218 66,226
Corporate | Related Party    
Assets    
Available-for-sale securities 1,007 859
CLO | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 13,485 13,652
CLO | Related Party    
Assets    
Available-for-sale securities 2,679 2,549
ABS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 9,547 8,989
ABS | Related Party    
Assets    
Available-for-sale securities 5,269 6,994
CMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,904 2,758
RMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 5,167 5,970
Level 3    
Assets    
Available-for-sale securities 10,186 10,167
Mortgage loans 28,259  
Recurring    
Assets    
Investment funds   268
Recurring | Level 1    
Assets    
Cash and cash equivalents 11,172 9,479
Restricted cash 753 796
Reinsurance recoverable (portion at fair value: 2022 – $1,580 and 2021 – $1,991) 0 0
Total assets measured at fair value 15,138 10,848
Liabilities    
Derivative liabilities (9) 0
Total liabilities measured at fair value (9) 0
Recurring | Level 1 | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,792 214
Trading securities, at fair value 25 3
Equity securities, at fair value 105 86
Mortgage loans 0 0
Investment funds 0 0
Derivative assets 20 67
Short-term investments 68 49
Other investments 0 0
Recurring | Level 1 | Related Party    
Assets    
Available-for-sale securities 0 0
Trading securities, at fair value 0 0
Equity securities, at fair value 0 0
Mortgage loans 0  
Investment funds 0 0
Recurring | Level 1 | Variable Interest Entities    
Assets    
Trading securities, at fair value 0  
Mortgage loans 0  
Investment funds 5 0
Other investments 0  
Cash and cash equivalents 198 154
Recurring | Level 1 | Universal life    
Liabilities    
Interest sensitive contract liabilities 0 0
Recurring | Level 1 | AmerUs Closed Block    
Liabilities    
Future policy benefits 0 0
Recurring | Level 1 | ILICO Closed Block and life benefits    
Liabilities    
Future policy benefits 0 0
Recurring | Level 1 | Embedded derivatives    
Liabilities    
Interest sensitive contract liabilities 0 0
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   0
Recurring | Level 1 | Embedded derivatives | Consolidated Entity, excluding Affiliated Entity    
Assets    
Funds withheld at interest 0 0
Recurring | Level 1 | Embedded derivatives | Related Party    
Assets    
Funds withheld at interest 0 0
Recurring | Level 1 | U.S. government and agencies | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,792 214
Recurring | Level 1 | U.S. state, municipal and political subdivisions | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | Foreign governments | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | Corporate | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | Corporate | Related Party    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | CLO | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | CLO | Related Party    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | ABS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | ABS | Related Party    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | CMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 1 | RMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 2    
Assets    
Cash and cash equivalents 0 0
Restricted cash 0 0
Reinsurance recoverable (portion at fair value: 2022 – $1,580 and 2021 – $1,991) 0 0
Total assets measured at fair value 92,827 105,173
Liabilities    
Derivative liabilities 1,231 469
Total liabilities measured at fair value 1,231 514
Recurring | Level 2 | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 83,967 94,928
Trading securities, at fair value 1,652 1,984
Equity securities, at fair value 941 655
Mortgage loans 0 0
Investment funds 0 0
Derivative assets 2,912 4,320
Short-term investments 112 61
Other investments 142 130
Recurring | Level 2 | Related Party    
Assets    
Available-for-sale securities 2,755 3,085
Trading securities, at fair value 7 10
Equity securities, at fair value 0 0
Mortgage loans 0  
Investment funds 0 0
Recurring | Level 2 | Variable Interest Entities    
Assets    
Trading securities, at fair value 56  
Mortgage loans 0  
Investment funds 283 0
Other investments 0  
Cash and cash equivalents 0 0
Recurring | Level 2 | Universal life    
Liabilities    
Interest sensitive contract liabilities 0 0
Recurring | Level 2 | AmerUs Closed Block    
Liabilities    
Future policy benefits 0 0
Recurring | Level 2 | ILICO Closed Block and life benefits    
Liabilities    
Future policy benefits 0 0
Recurring | Level 2 | Embedded derivatives    
Liabilities    
Interest sensitive contract liabilities 0 0
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   45
Recurring | Level 2 | Embedded derivatives | Consolidated Entity, excluding Affiliated Entity    
Assets    
Funds withheld at interest 0 0
Recurring | Level 2 | Embedded derivatives | Related Party    
Assets    
Funds withheld at interest 0 0
Recurring | Level 2 | U.S. government and agencies | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2 9
Recurring | Level 2 | U.S. state, municipal and political subdivisions | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 1,000 1,213
Recurring | Level 2 | Foreign governments | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 894 1,126
Recurring | Level 2 | Corporate | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 54,630 64,887
Recurring | Level 2 | Corporate | Related Party    
Assets    
Available-for-sale securities 158 189
Recurring | Level 2 | CLO | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 13,485 13,638
Recurring | Level 2 | CLO | Related Party    
Assets    
Available-for-sale securities 2,354 2,347
Recurring | Level 2 | ABS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 5,953 5,370
Recurring | Level 2 | ABS | Related Party    
Assets    
Available-for-sale securities 243 549
Recurring | Level 2 | CMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,904 2,715
Recurring | Level 2 | RMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 5,099 5,970
Recurring | Level 3    
Assets    
Cash and cash equivalents 0 0
Restricted cash 0 0
Reinsurance recoverable (portion at fair value: 2022 – $1,580 and 2021 – $1,991) 1,580 1,991
Total assets measured at fair value 39,688 22,454
Liabilities    
Derivative liabilities 1 3
Total liabilities measured at fair value 8,265 18,407
Recurring | Level 3 | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 5,252 5,017
Trading securities, at fair value 58 69
Equity securities, at fair value 62 429
Mortgage loans 25,218 17
Investment funds 19 18
Derivative assets 0 0
Short-term investments 58 29
Other investments 0 0
Recurring | Level 3 | Related Party    
Assets    
Available-for-sale securities 6,200 7,317
Trading securities, at fair value 891 1,771
Equity securities, at fair value 163 284
Mortgage loans 1,416  
Investment funds 818 2,855
Recurring | Level 3 | Variable Interest Entities    
Assets    
Trading securities, at fair value 330  
Mortgage loans 1,626  
Investment funds 1,053 1,297
Other investments 31  
Cash and cash equivalents 0 0
Recurring | Level 3 | Universal life    
Liabilities    
Interest sensitive contract liabilities 943 1,235
Recurring | Level 3 | AmerUs Closed Block    
Liabilities    
Future policy benefits 1,247 1,520
Recurring | Level 3 | ILICO Closed Block and life benefits    
Liabilities    
Future policy benefits 623 742
Recurring | Level 3 | Embedded derivatives    
Liabilities    
Interest sensitive contract liabilities 5,451 14,907
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   0
Recurring | Level 3 | Embedded derivatives | Consolidated Entity, excluding Affiliated Entity    
Assets    
Funds withheld at interest 3,958 (782)
Recurring | Level 3 | Embedded derivatives | Related Party    
Assets    
Funds withheld at interest (1,129) (578)
Recurring | Level 3 | U.S. government and agencies | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 3 | U.S. state, municipal and political subdivisions | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 0
Recurring | Level 3 | Foreign governments | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2 2
Recurring | Level 3 | Corporate | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 1,588 1,339
Recurring | Level 3 | Corporate | Related Party    
Assets    
Available-for-sale securities 849 670
Recurring | Level 3 | CLO | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 14
Recurring | Level 3 | CLO | Related Party    
Assets    
Available-for-sale securities 325 202
Recurring | Level 3 | ABS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 3,594 3,619
Recurring | Level 3 | ABS | Related Party    
Assets    
Available-for-sale securities 5,026 6,445
Recurring | Level 3 | CMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 0 43
Recurring | Level 3 | RMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 68 0
Recurring | NAV    
Assets    
Total assets measured at fair value 8,159  
Recurring | NAV | Consolidated Entity, excluding Affiliated Entity    
Assets    
Investment funds 6 165
Recurring | NAV | Related Party    
Assets    
Investment funds 0 103
Recurring | NAV | Variable Interest Entities    
Assets    
Investment funds 8,153 0
Fair Value    
Assets    
Total assets measured at fair value 56,043 86,719
Liabilities    
Interest sensitive contract liabilities 105,039 108,621
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   394
Fair Value | Consolidated Entity, excluding Affiliated Entity    
Assets    
Mortgage loans   21,138
Investment funds 108 995
Funds withheld at interest (41,596) (43,125)
Short-term investments 26  
Other investments 713 1,343
Fair Value | Related Party    
Assets    
Mortgage loans   1,369
Investment funds 720 4,433
Funds withheld at interest (11,804) (11,629)
Other investments 272 223
Fair Value | Variable Interest Entities    
Assets    
Mortgage loans 366 2,152
Other investments 80  
Fair Value | Level 1    
Assets    
Total assets measured at fair value 0 0
Liabilities    
Interest sensitive contract liabilities 0 0
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   0
Fair Value | Level 1 | Consolidated Entity, excluding Affiliated Entity    
Assets    
Mortgage loans   0
Investment funds 0 0
Funds withheld at interest 0 0
Short-term investments 0  
Other investments 0 0
Fair Value | Level 1 | Related Party    
Assets    
Mortgage loans   0
Investment funds 0 0
Funds withheld at interest 0 0
Other investments 0 0
Fair Value | Level 1 | Variable Interest Entities    
Assets    
Mortgage loans 0 0
Other investments 0  
Fair Value | Level 2    
Assets    
Total assets measured at fair value 358 312
Liabilities    
Interest sensitive contract liabilities 0 0
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   394
Fair Value | Level 2 | Consolidated Entity, excluding Affiliated Entity    
Assets    
Mortgage loans   0
Investment funds 0 0
Funds withheld at interest 0 0
Short-term investments 0  
Other investments 0 0
Fair Value | Level 2 | Related Party    
Assets    
Mortgage loans   0
Investment funds 0 0
Funds withheld at interest 0 0
Other investments 0 0
Fair Value | Level 2 | Variable Interest Entities    
Assets    
Mortgage loans 0 0
Other investments 0  
Fair Value | Level 3    
Assets    
Total assets measured at fair value 54,857 80,979
Liabilities    
Interest sensitive contract liabilities 105,039 108,621
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   0
Fair Value | Level 3 | Consolidated Entity, excluding Affiliated Entity    
Assets    
Mortgage loans   21,138
Investment funds 0 0
Funds withheld at interest (41,596) (43,125)
Short-term investments 26  
Other investments 713 1,343
Fair Value | Level 3 | Related Party    
Assets    
Mortgage loans   1,369
Investment funds 0 0
Funds withheld at interest (11,804) (11,629)
Other investments 272 223
Fair Value | Level 3 | Variable Interest Entities    
Assets    
Mortgage loans 366 2,152
Other investments 80  
Fair Value | NAV    
Assets    
Total assets measured at fair value 828 5,428
Fair Value | NAV | Consolidated Entity, excluding Affiliated Entity    
Assets    
Investment funds 108 995
Fair Value | NAV | Related Party    
Assets    
Investment funds 720 4,433
Fair Value | Recurring    
Assets    
Cash and cash equivalents 11,172 9,479
Restricted cash 753 796
Reinsurance recoverable (portion at fair value: 2022 – $1,580 and 2021 – $1,991) 1,580 1,991
Total assets measured at fair value 155,812 138,743
Liabilities    
Interest sensitive contract liabilities 6,394 16,142
Future policy benefits 1,870 2,262
Derivative liabilities 1,223 472
Total liabilities measured at fair value 9,487 18,921
Fair Value | Recurring | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 92,011 100,159
Trading securities, at fair value 1,735 2,056
Equity securities, at fair value 1,108 1,170
Mortgage loans 25,218 17
Investment funds 25 183
Funds withheld at interest 3,958 (782)
Derivative assets 2,932 4,387
Short-term investments 238 139
Other investments 142 130
Fair Value | Recurring | Related Party    
Assets    
Available-for-sale securities 8,955 10,402
Trading securities, at fair value 898 1,781
Equity securities, at fair value 163 284
Mortgage loans 1,416 0
Investment funds 818 2,958
Funds withheld at interest (1,129) (578)
Fair Value | Recurring | Variable Interest Entities    
Assets    
Trading securities, at fair value 386  
Mortgage loans 1,626 0
Investment funds 9,494 1,297
Other investments 31 0
Cash and cash equivalents 198 154
Fair Value | Recurring | Universal life    
Liabilities    
Interest sensitive contract liabilities 943 1,235
Fair Value | Recurring | AmerUs Closed Block    
Liabilities    
Future policy benefits 1,247 1,520
Fair Value | Recurring | ILICO Closed Block and life benefits    
Liabilities    
Future policy benefits 623 742
Fair Value | Recurring | Embedded derivatives    
Liabilities    
Interest sensitive contract liabilities 5,451 14,907
Funds withheld liability (portion at fair value: 2022 – $0 and 2021 – $45)   45
Fair Value | Recurring | Embedded derivatives | Consolidated Entity, excluding Affiliated Entity    
Assets    
Funds withheld at interest 3,958 (782)
Fair Value | Recurring | Embedded derivatives | Related Party    
Assets    
Funds withheld at interest (1,129) (578)
Fair Value | Recurring | U.S. government and agencies | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,794 223
Fair Value | Recurring | U.S. state, municipal and political subdivisions | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 1,000 1,213
Fair Value | Recurring | Foreign governments | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 896 1,128
Fair Value | Recurring | Corporate | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 56,218 66,226
Fair Value | Recurring | Corporate | Related Party    
Assets    
Available-for-sale securities 1,007 859
Fair Value | Recurring | CLO | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 13,485 13,652
Fair Value | Recurring | CLO | Related Party    
Assets    
Available-for-sale securities 2,679 2,549
Fair Value | Recurring | ABS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 9,547 8,989
Fair Value | Recurring | ABS | Related Party    
Assets    
Available-for-sale securities 5,269 6,994
Fair Value | Recurring | CMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 2,904 2,758
Fair Value | Recurring | RMBS | Consolidated Entity, excluding Affiliated Entity    
Assets    
Available-for-sale securities 5,167 5,970
Investments, excluding investments in Related Party | Fair Value | Recurring    
Assets    
Equity securities, at fair value 1,108 1,170
Short-term investments $ 238 $ 139