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Reinsurance (Tables)
6 Months Ended
Jun. 30, 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 June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Direct earned premiums
 
$
1,137

 
$
1,093

 
$
2,256

 
$
2,169

Assumed earned premiums
 
16

 
3

 
31

 
5

Ceded earned premiums
 
(39
)
 
(37
)
 
(77
)
 
(74
)
Earned premiums
 
$
1,114

 
$
1,059

 
$
2,210

 
$
2,100

 
 
 
 
 
 
 
 
 
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 June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Direct incurred loss and loss expenses
 
$
792

 
$
675

 
$
1,440

 
$
1,366

Assumed incurred loss and loss expenses
 
11

 
1

 
21

 
0

Ceded incurred loss and loss expenses
 
(44
)
 
(22
)
 
(41
)
 
(23
)
Incurred loss and loss expenses
 
$
759

 
$
654

 
$
1,420

 
$
1,343

 
 
 
 
 
 
 
 
 
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 June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Direct earned premiums
 
$
75

 
$
68

 
$
146

 
$
133

Ceded earned premiums
 
(16
)
 
(16
)
 
(29
)
 
(28
)
Earned premiums
 
$
59

 
$
52

 
$
117

 
$
105

 
 
 
 
 
 
 
 
 
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 June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Direct contract holders' benefits incurred
 
$
80

 
$
72

 
$
156

 
$
144

Ceded contract holders' benefits incurred
 
(18
)
 
(14
)
 
(31
)
 
(26
)
Contract holders' benefits incurred
 
$
62

 
$
58

 
$
125

 
$
118