REINSURANCE (Tables)

3 Months Ended

Mar. 31, 2021

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.


	Three Months Ended March 31,
(In millions)		2021	2020
Direct premium income				$	4,652	$	4,772
Ceded to other companies:
Ceded Aflac Japan closed blocks				(114)		(116)
Other				(19)		(24)
Assumed from other companies:
Retrocession activities				48		49
Other				26		0
Net premium income				$	4,593	$	4,681

Direct benefits and claims				$	2,776	$	3,028
Ceded benefits and change in reserves for future benefits:
Ceded Aflac Japan closed blocks				(99)		(105)
Eliminations				8		10
Other				(8)		(25)
Assumed from other companies:
Retrocession activities				42		41
Eliminations				(8)		(10)
Other				24		0
Benefits and claims, net				$	2,735	$	2,939