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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2014
Reinsurance Disclosures [Abstract]  
Earned Consolidated Property Casualty Insurance Premiums On Assumed And Ceded Business
Our consolidated statements of income include earned consolidated property casualty insurance premiums on assumed and ceded business:
(Dollars in millions)
 
Years ended December 31,
 
 
2014
 
2013
 
2012
Direct earned premiums
 
$
4,209

 
$
3,903

 
$
3,520

Assumed earned premiums
 
12

 
11

 
9

Ceded earned premiums
 
(176
)
 
(201
)
 
(185
)
Earned premiums
 
$
4,045

 
$
3,713

 
$
3,344

 
 
 
 
 
 
 
Incurred Consolidated Property Casualty Insurance Loss And Loss Expenses On Assumed And Ceded Business
Our consolidated statements of income include incurred consolidated property casualty insurance loss and loss expenses on assumed and ceded business:
(Dollars in millions)
 
Years ended December 31,
 
 
2014
 
2013
 
2012
Direct incurred loss and loss expenses
 
$
2,661

 
$
2,323

 
$
2,235

Assumed incurred loss and loss expenses
 
6

 
11

 
6

Ceded incurred loss and loss expenses
 
(40
)
 
(33
)
 
(104
)
Incurred loss and loss expenses
 
$
2,627

 
$
2,301

 
$
2,137

 
 
 
 
 
 
 
Earned Life Insurance Premiums On Ceded Business
Our consolidated statements of income include earned life insurance premiums on ceded business:
(Dollars in millions)
 
Years ended December 31,
 
 
2014
 
2013
 
2012
Direct earned premiums
 
$
259

 
$
248

 
$
235

Ceded earned premiums
 
(61
)
 
(59
)
 
(57
)
Earned premiums
 
$
198

 
$
189

 
$
178

 
 
 
 
 
 
 
Life Insurance Contract Holders' Benefits Incurred On Ceded Business
Our consolidated statements of income include life insurance contract holders’ benefits incurred on ceded business:
(Dollars in millions)
 
Years ended December 31,
 
 
2014
 
2013
 
2012
Direct contract holders' benefits incurred
 
$
299

 
$
266

 
$
232

Ceded contract holders' benefits incurred
 
(70
)
 
(62
)
 
(47
)
Contract holders' benefits incurred
 
$
229

 
$
204

 
$
185