Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities

Policyholder Account Balances, Future Policy Benefits and Unpaid Claims Disclosure [Table Text Block]

Policyholder account balances, future policy benefits and claims consisted of the following:



	September 30, 2019			December 31, 2018
	(in millions)
Policyholder account balances
Fixed annuities ⁽¹⁾	$	9,015		$	9,338
Variable annuity fixed sub-accounts	5,122			5,129
UL/VUL insurance	3,093			3,063
Indexed universal life (“IUL”) insurance	1,933			1,728
Other life insurance	656			683
Total policyholder account balances	19,819			19,941

Future policy benefits
Variable annuity guaranteed minimum withdrawal benefits (“GMWB”)	2,120			875
Variable annuity guaranteed minimum accumulation benefits (“GMAB”) ⁽²⁾	(19		)	(19		)
Other annuity liabilities	141			26
Fixed annuity life contingent liabilities	1,450			1,459
Life and disability income insurance	1,214			1,221
Long term care insurance	5,268			4,981
UL/VUL and other life insurance additional liabilities	999			749
Total future policy benefits	11,173			9,292
Policy claims and other policyholders’ funds	154			891
Total policyholder account balances, future policy benefits and claims	$	31,146		$	30,124

⁽¹⁾ Includes fixed deferred annuities, non-life contingent fixed payout annuities and indexed annuity host contracts.

⁽²⁾ Includes the fair value of GMAB embedded derivatives that was a net asset as of both September 30, 2019 and December 31, 2018 reported as a contra liability.

Schedule of Separate Account Liabilities by Policy Type [Table Text Block]

Separate account liabilities consisted of the following:



	September 30, 2019		December 31, 2018
	(in millions)
Variable annuity	$	72,330	$	66,913
VUL insurance	7,078		6,451
Other insurance	30		29
Threadneedle investment liabilities	4,629		4,532
Total	$	84,067	$	77,925