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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2016
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 March 31,
 
2016
 
2015
Direct earned premiums
$
1,119

 
$
1,076

Assumed earned premiums
15

 
2

Ceded earned premiums
(38
)
 
(37
)
Earned premiums
$
1,096

 
$
1,041

 
 
 
 
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 March 31,
 
2016
 
2015
Direct incurred loss and loss expenses
$
648

 
$
691

Assumed incurred loss and loss expenses
10

 
(1
)
Ceded incurred loss and loss expenses
3

 
(1
)
Incurred loss and loss expenses
$
661

 
$
689

 
 
 
 
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 March 31,
 
2016
 
2015
Direct earned premiums
$
71

 
$
65

Ceded earned premiums
(13
)
 
(12
)
Earned premiums
$
58

 
$
53

 
 
 
 
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 March 31,
 
2016
 
2015
Direct contract holders' benefits incurred
$
76

 
$
72

Ceded contract holders' benefits incurred
(13
)
 
(12
)
Contract holders' benefits incurred
$
63

 
$
60