XML 116 R51.htm IDEA: XBRL DOCUMENT v3.20.2
FAIR VALUE MEASUREMENTS (Details - Quantitative Information about Level 3 Fair Value Measurements, Liabilities)
$ in Millions
Sep. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input Equity Volatility [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0715 0.0615
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input Base Lapse Rates [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0016 0.0016
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input Dynamic Lapse Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.5000 0.5000
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input Mortality Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.3800 0.3800
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input Utilization Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.9000 0.9000
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input Equity Interest Rate Correlation [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.2000 0.2000
Variable annuity guaranteed minimum withdrawal benefits | Minimum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0014 0.0012
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input Equity Volatility [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.5625 0.4885
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input Base Lapse Rates [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.1260 0.1260
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input Dynamic Lapse Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 1.4300 1.4300
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input Mortality Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 1.4700 1.4700
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input Utilization Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 1.0000 1.0000
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input Equity Interest Rate Correlation [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.4000 0.4000
Variable annuity guaranteed minimum withdrawal benefits | Maximum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0207 0.0153
Variable annuity guaranteed minimum withdrawal benefits | Discounted cash flow | Level 3    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Fair value $ 3,832 $ 2,474
Index annuities including certain GMWB | Level 3    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embeded derivative liability $ 611  
Index annuities including certain GMWB | Minimum | Measurement Input Base Lapse Rates [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0038  
Index annuities including certain GMWB | Minimum | Measurement Input Mortality Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.2400  
Index annuities including certain GMWB | Minimum | Measurement Input Utilization Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.8000  
Index annuities including certain GMWB | Minimum | Measurement Input Options Budget [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0000  
Index annuities including certain GMWB | Minimum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0014  
Index annuities including certain GMWB | Maximum | Measurement Input Base Lapse Rates [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.5000  
Index annuities including certain GMWB | Maximum | Measurement Input Mortality Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 1.8000  
Index annuities including certain GMWB | Maximum | Measurement Input Utilization Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 1.0000  
Index annuities including certain GMWB | Maximum | Measurement Input Options Budget [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0400  
Index annuities including certain GMWB | Maximum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0207  
Index annuities including certain GMWB | Discounted cash flow | Level 3    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Fair value $ 4,881  
Index annuities | Minimum | Measurement Input Mortality Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.2400
Index annuities | Minimum | Measurement Input Lapse Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.0031
Index annuities | Minimum | Measurement Input Options Budget [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.0100
Index annuities | Minimum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.0012
Index annuities | Maximum | Measurement Input Mortality Multiplier [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   1.8000
Index annuities | Maximum | Measurement Input Lapse Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.5000
Index annuities | Maximum | Measurement Input Options Budget [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.0400
Index annuities | Maximum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input   0.0153
Index annuities | Discounted cash flow | Level 3    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Fair value   $ 3,895
Indexed Life | Minimum | Measurement Input Base Lapse Rates [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0000 0.0000
Indexed Life | Minimum | Measurement Input Mortality Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0000 0.0000
Indexed Life | Minimum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0014 0.0012
Indexed Life | Maximum | Measurement Input Base Lapse Rates [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.3797 0.3797
Indexed Life | Maximum | Measurement Input Mortality Rate [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 1.0000 1.0000
Indexed Life | Maximum | Measurement Input, NPA [Member]    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Embedded derivative liability, measurement input 0.0207 0.0153
Indexed Life | Discounted cash flow | Level 3    
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]    
Fair value $ 577 $ 510