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

12 Months Ended

Dec. 31, 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:

	December 31,
	2019			2018
	(in millions)
Policyholder account balances
Fixed annuities (1)	$	8,909		$	9,338
Variable annuity fixed sub-accounts	5,103			5,129
UL/VUL insurance	3,110			3,063
IUL insurance	2,025			1,728
Other life insurance	646			683
Total policyholder account balances	19,793			19,941
Future policy benefits
Variable annuity GMWB	1,462			875
Variable annuity GMAB (2)	(39		)	(19		)
Other annuity liabilities	139			26
Fixed annuity life contingent liabilities	1,444			1,459
Life and DI insurance	1,212			1,221
LTC insurance	5,302			4,981
UL/VUL and other life insurance additional liabilities	1,033			749
Total future policy benefits	10,553			9,292
Policy claims and other policyholders’ funds	166			891
Total policyholder account balances, future policy benefits and claims	$	30,512		$	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 December 31, 2019 and 2018 reported as a contra liability.

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

Separate account liabilities consisted of the following:

	December 31,
	2019		2018
	(in millions)
Variable annuity	$	74,965	$	66,913
VUL insurance	7,429		6,451
Other insurance	31		29
Threadneedle investment liabilities	5,063		4,532
Total	$	87,488	$	77,925