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REINSURANCE AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2017
Reinsurance Disclosures [Abstract]  
Schedule Of Effect Of Reinsurance
The following table summarizes the effect of reinsurance:
 
2017
 
2016
 
2015
 
 
 
(in millions)
 
 
Direct premiums
$
880

 
$
850

 
$
818

Reinsurance assumed
195

 
206

 
207

Reinsurance ceded
(171
)
 
(176
)
 
(173
)
Premiums
$
904

 
$
880

 
$
852

Policy charges and fee income ceded
$
718

 
$
640

 
$
645

Policyholders’ Benefits Ceded
$
694

 
$
942

 
$
527