Note 8. Receivables

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

	June 30,			December 31,
	2012			2011
Insurance premiums receivable	$	7,750		$	6,663
Reinsurance recoverable on unpaid losses		2,894			2,953
Trade and other receivables		10,917			9,772
Allowances for uncollectible accounts		(369	)		(376	)
	$	21,192		$	19,012

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

	June 30,			December 31,
	2012			2011
Consumer installment loans and finance receivables	$	13,159		$	13,463
Commercial loans and finance receivables		885			860
Allowances for uncollectible loans		(380	)		(389	)
	$	13,664		$	13,934

Allowances for uncollectible loans primarily relate to consumer installment loans. Provisions for consumer loan losses for each of the first six month periods of 2012 and 2011 were $161 million. Loan charge-offs, net of recoveries, for the first six months were $170 million in 2012 and $160 million in 2011. Consumer loan amounts are net of unamortized acquisition discounts of $519 million at June 30, 2012 and $500 million at December 31, 2011. At June 30, 2012, 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, 2012, approximately 98% of consumer installment and commercial loan balances were determined to be performing and approximately 94% of those balances were current as to payment status.