Receivables

6 Months Ended

Jun. 30, 2011

Receivables

Note 8.    Receivables

Receivables of insurance and other businesses are comprised of the following (in millions).

	June 30,			December 31,
	2011			2010
Insurance premiums receivable	$	7,336		$	6,342
Reinsurance recoverable on unpaid losses		2,961			2,735
Trade and other receivables		9,481			12,223
Allowances for uncollectible accounts		(382	)		(383	)
	$	19,396		$	20,917

As of December 31, 2010, trade and other receivables included approximately CHF 3.7 billion ($3.9 billion) related to the redemption of an investment. The redemption proceeds were received on January 10, 2011.

Loans and finance receivables of finance and financial products businesses are comprised of the following (in millions).

	June 30,			December 31,
	2011			2010
Consumer installment loans and finance receivables	$	13,734		$	14,042
Commercial loans and finance receivables		839			1,557
Allowances for uncollectible loans		(374	)		(373	)
	$	14,199		$	15,226

Allowances for uncollectible loans primarily relate to consumer installment loans. Provisions for consumer loan losses were $161 million in the first six months of 2011 and $178 million for the first six months of 2010. Loan charge-offs, net of recoveries, were $160 million in the first six months of 2011 and $176 million for the first six months of 2010. Consumer loan amounts are net of acquisition discounts of $550 million at June 30, 2011 and $580 million at December 31, 2010. At June 30, 2011, approximately 96% of consumer installment loan balances were evaluated collectively for impairment whereas about 84% of commercial loan balances were evaluated individually for impairment.

As a part of the evaluation process, credit quality indicators are reviewed and loans are designated as performing or non-performing. At June 30, 2011, approximately 98% of consumer installment and commercial loan balances were determined to be performing and approximately 93% of those balances were current as to payment status.