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General (Tables)
 3 Months Ended
Mar. 31, 2020
General [Abstract]  
Allowance for credit loss
Allowance for credit losses
 
 
 
 
($ in millions)
 
March 31, 2020
 
January 1, 2020
Fixed income securities
 
$
4

 
$
—

Mortgage loans
 
85

 
45

Other investments
 
 
 
 
Bank loans
 
79

 
53

Agent loans
 
5

 
5

Investments
 
173

 
103

Premium installment receivables
 
96

 
91

Reinsurance recoverables
 
74

 
74

Other assets
 
18

 
18

Assets
 
361

 
286

 
 
 
 
 
Commitments to fund mortgage loans, bank loans and agent loans
 
4

 
3

Liabilities
 
4

 
3

Total
 
$
365

 
$
289


Rollforward of credit loss allowance for mortgage loans
 
 
($ in millions)
 
Three months ended March 31, 2020
Beginning balance
 
$
(3
)
Cumulative effect of change in accounting principle
 
(42
)
Net (increases) decreases related to credit losses
 
(40
)
Ending balance
 
$
(85
)

Rollforward of credit loss allowance for bank loans
 
 
($ in millions)
 
Three months ended March 31, 2020
Beginning balance
 
$
—

Cumulative effect of change in accounting principle
 
(53
)
Net (increases) decreases related to credit losses
 
(27
)
Reduction of allowance related to sales
 
1

Ending balance
 
$
(79
)

Rollforward of credit loss allowance for fixed income securities
($ in millions)
 
Three months ended
March 31, 2020
Beginning balance
 
$
—

Credit losses on securities for which credit losses not previously reported
 
(4
)
Ending balance (1)
 
$
(4
)
(1) 
Allowance for fixed income securities as of March 31, 2020 comprised $1 million and $3 million of corporate bonds and MBS, respectively.