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Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities (Tables)
12 Months Ended
Dec. 31, 2022
Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities [Abstract]  
Schedule of components of policyholder account balances, future policy benefits and claims
Policyholder account balances, future policy benefits and claims consisted of the following:
 December 31,
20222021
(in millions)
Policyholder account balances
Fixed annuities(1)
$7,596 $8,117 
Variable annuity fixed sub-accounts4,779 4,990 
UL/VUL insurance3,070 3,103 
IUL insurance2,654 2,534 
Structured variable annuities6,383 4,440 
Other life insurance524 563 
Total policyholder account balances25,006 23,747 
Future policy benefits
Variable annuity GMWB1,853 

2,336 
Variable annuity GMAB(2)
35 

(23)
Other annuity liabilities(3)
267 67 
Fixed annuity life contingent liabilities1,205 1,278 
Life and DI insurance1,096 1,139 
LTC insurance5,173 5,664 
UL/VUL and other life insurance additional liabilities1,169 1,291 
Total future policy benefits10,798 11,752 
Policy claims and other policyholders’ funds263 251 
Total policyholder account balances, future policy benefits and claims$36,067 $35,750 
(1) Includes fixed deferred annuities, non-life contingent fixed payout annuities and fixed deferred indexed annuity host contracts.
(2) Includes the fair value of GMAB embedded derivatives that was a net asset as of December 31, 2021 reported as a contra liability.
(3) Includes the fair value of the structured variable annuity embedded derivatives that was a net asset as of December 31, 2022 reported as a contra liability.
Schedule of components of separate account liabilities
Separate account liabilities consisted of the following:
 December 31,
20222021
(in millions)
Variable annuity$63,223 $82,862 
VUL insurance7,628 9,343 
Other insurance25 33 
Threadneedle investment liabilities3,086 5,253 
Total$73,962 $97,491