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Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities
 9 Months Ended
Sep. 30, 2018
Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities  
Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities [Text Block] Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities
Policyholder account balances, future policy benefits and claims consisted of the following:
 
September 30,
2018
 
December 31,
2017
 
(in millions)
Policyholder account balances
 
 
 
 
Fixed annuities (1)
$
9,499

 
$
9,934

 
Variable annuity fixed sub-accounts
5,127

 
5,166

 
VUL/UL insurance
3,057

 
3,047

 
Indexed universal life (“IUL”) insurance
1,649

 
1,384

 
Other life insurance
689

 
720

 
Total policyholder account balances
20,021

 
20,251

 
 
 
 
 
 
Future policy benefits
 
 
 
 
Variable annuity guaranteed minimum withdrawal benefits (“GMWB”)
(125
)
(2) 
463

 
Variable annuity guaranteed minimum accumulation benefits (“GMAB”)
(83
)
(3) 
(80
)
(3) 
Other annuity liabilities
26

 
78

 
Fixed annuity life contingent liabilities
1,464

 
1,484

 
Life and disability income insurance
1,219

 
1,221

 
Long term care insurance
4,997

 
4,896

 
VUL/UL and other life insurance additional liabilities
807

 
688

 
Total future policy benefits
8,305

 
8,750

 
Policy claims and other policyholders’ funds
878

 
903

 
Total policyholder account balances, future policy benefits and claims
$
29,204

 
$
29,904

 

(1) Includes fixed deferred annuities, non-life contingent fixed payout annuities and indexed annuity host contracts.
(2) Includes the fair value of GMWB embedded derivatives that was a net asset as of September 30, 2018 reported as a contra liability.
(3) Includes the fair value of GMAB embedded derivatives that was a net asset as of both September 30, 2018 and December 31, 2017 reported as a contra liability.
Separate account liabilities consisted of the following:
 
September 30,
2018
 
December 31,
2017
(in millions)
Variable annuity
$
74,317

 
$
75,174

VUL insurance
7,338

 
7,352

Other insurance
33

 
34

Threadneedle investment liabilities
4,904

 
4,808

Total
$
86,592

 
$
87,368