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Reinsurance (Tables)
9 Months Ended
Sep. 30, 2015
Reinsurance Disclosures [Abstract]  
Earned Consolidated Property Casualty Insurance Premiums On Assumed And Ceded Business
Our condensed consolidated statements of income include earned consolidated property casualty insurance premiums on assumed and ceded business: 
(Dollars in millions)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Direct earned premiums
 
$
1,110

 
$
1,067

 
$
3,279

 
$
3,134

Assumed earned premiums
 
3

 
3

 
8

 
8

Ceded earned premiums
 
(37
)
 
(45
)
 
(111
)
 
(132
)
Earned premiums
 
$
1,076

 
$
1,025

 
$
3,176

 
$
3,010

 
 
 
 
 
 
 
 
 
Incurred Consolidated Property Casualty Insurance Loss And Loss Expenses On Assumed And Ceded Business
Our condensed consolidated statements of income include incurred consolidated property casualty insurance loss and loss expenses on assumed and ceded business:
(Dollars in millions)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Direct incurred loss and loss expenses
 
$
618

 
$
633

 
$
1,984

 
$
2,026

Assumed incurred loss and loss expenses
 
2

 
1

 
2

 
5

Ceded incurred loss and loss expenses
 
(7
)
 
(12
)
 
(30
)
 
(26
)
Incurred loss and loss expenses
 
$
613

 
$
622

 
$
1,956

 
$
2,005

 
 
 
 
 
 
 
 
 
Earned Life Insurance Premiums On Ceded Business
Our condensed consolidated statements of income include earned life insurance premiums on ceded business: 
(Dollars in millions)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Direct earned premiums
 
$
67

 
$
61

 
$
200

 
$
191

Ceded earned premiums
 
(16
)
 
(15
)
 
(44
)
 
(44
)
Earned premiums
 
$
51

 
$
46

 
$
156

 
$
147

 
 
 
 
 
 
 
 
 
Life Insurance Contract Holders' Benefits Incurred On Ceded Business
Our condensed consolidated statements of income include life insurance contract holders' benefits incurred on ceded business: 
(Dollars in millions)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Direct contract holders' benefits incurred
 
$
70

 
$
80

 
$
214

 
$
228

Ceded contract holders' benefits incurred
 
(13
)
 
(16
)
 
(39
)
 
(52
)
Contract holders' benefits incurred
 
$
57

 
$
64

 
$
175

 
$
176