Deferred Policy Acquisition Costs

12 Months Ended

Dec. 31, 2021

Deferred Policy Acquisition Costs Disclosures [Abstract]

Deferred Policy Acquisition Costs

10. DEFERRED POLICY ACQUISITION COSTS

Changes in DAC

	For the years ended December 31,
	2021		2020		2019
Balance, beginning of period	$	789	$	785	$	670
Deferred costs	1,751		1,666		1,635
Amortization — DAC	(1,680)		(1,706)		(1,622)
Add back amortization of value of business acquired [1]	21		47		102
DAC transferred to assets held for sale	—		(3)		—
Balance, end of period	$	881	$	789	$	785

[1]While the value of in-force contracts acquired from the Navigators Group acquisition is included in other intangible assets, the amortization of that asset is recorded as DAC amortization.