REINSURANCE (Tables)

12 Months Ended

Dec. 31, 2020

Reinsurance Disclosures [Abstract]

Effects of Reinsurance

The following table reconciles direct premium income and direct benefits and claims to net amounts after the effect of reinsurance which also includes the elimination of inter-segment amounts associated with affiliated reinsurance for the years ended December 31.

(In millions)	2020			2019			2018
Direct premium income		$	18,955		$	19,122		$	19,018
Ceded to other companies:
Ceded Aflac Japan closed blocks		(466)			(478)			(497)
Other		(87)			(69)			(58)
Assumed from other companies:
Retrocession activities		195			200			208
Other		25			5			6
Net premium income		$	18,622		$	18,780		$	18,677
Direct benefits and claims		$	12,080		$	12,237		$	12,293
Ceded benefits and change in reserves for future benefits:
Ceded Aflac Japan closed blocks		(419)			(433)			(450)
Eliminations		39			41			43
Other		(63)			(57)			(44)
Assumed from other companies:
Retrocession activities		180			194			209
Eliminations		(39)			(41)			(53)
Other		18			1			2
Benefits and claims, net		$	11,796		$	11,942		$	12,000