XML 59 R37.htm IDEA: XBRL DOCUMENT v3.22.4
REINSURANCE (Tables)
12 Months Ended
Dec. 31, 2022
Reinsurance Disclosures [Abstract]  
Effects of Reinsurance
The following table reconciles direct premiums 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)202220212020
Direct earned premiums$15,387 $17,857 $18,955 
Ceded to other companies:
    Ceded Aflac Japan closed blocks(343)(431)(466)
    Other(76)(73)(87)
Assumed from other companies:
    Retrocession activities144 180 195 
    Other151 114 25 
Net earned premiums$15,263 $17,647 $18,622 
Direct benefits and claims$9,255 $10,716 $12,080 
Ceded benefits and change in reserves for future benefits:
    Ceded Aflac Japan closed blocks(340)(379)(419)
    Eliminations23 31 39 
    Other(38)(36)(63)
Assumed from other companies:
    Retrocession activities145 165 180 
    Eliminations(23)(31)(39)
    Other131 110 18 
Benefits and claims, net$9,153 $10,576 $11,796