REINSURANCE (Tables)

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
(In millions)	2021			2020			2021			2020
Direct premium income		$	4,490		$	4,752		$	9,141		$	9,525
Ceded to other companies:
Ceded Aflac Japan closed blocks		(109)			(116)			(223)			(232)
Other		(15)			(24)			(34)			(48)
Assumed from other companies:
Retrocession activities		45			49			93			97
Other		30			3			57			4
Net premium income		$	4,441		$	4,664		$	9,034		$	9,346

Direct benefits and claims		$	2,687		$	2,975		$	5,463		$	6,003
Ceded benefits and change in reserves for future benefits:
Ceded Aflac Japan closed blocks		(94)			(105)			(193)			(210)
Eliminations		8			10			16			19
Other		(9)			(21)			(17)			(45)
Assumed from other companies:
Retrocession activities		42			47			84			87
Eliminations		(8)			(10)			(16)			(19)
Other		27			1			50			2
Benefits and claims, net		$	2,653		$	2,897		$	5,387		$	5,837