XML 40 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Reinsurance (Tables)
9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Direct earned premiums
 
$
1,153

 
$
1,110

 
$
3,409

 
$
3,279

Assumed earned premiums
 
22

 
3

 
53

 
8

Ceded earned premiums
 
(42
)
 
(37
)
 
(119
)
 
(111
)
Earned premiums
 
$
1,133

 
$
1,076

 
$
3,343

 
$
3,176

 
 
 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2016
 
2015
Direct incurred loss and loss expenses
 
$
691

 
$
618

 
$
2,131

 
$
1,984

Assumed incurred loss and loss expenses
 
9

 
2

 
30

 
2

Ceded incurred loss and loss expenses
 
(10
)
 
(7
)
 
(51
)
 
(30
)
Incurred loss and loss expenses
 
$
690

 
$
613

 
$
2,110

 
$
1,956

 
 
 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2016
 
2015
Direct earned premiums
 
$
74

 
$
67

 
$
220

 
$
200

Ceded earned premiums
 
(16
)
 
(16
)
 
(45
)
 
(44
)
Earned premiums
 
$
58

 
$
51

 
$
175

 
$
156

 
 
 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2016
 
2015
Direct contract holders' benefits incurred
 
$
72

 
$
70

 
$
228

 
$
214

Ceded contract holders' benefits incurred
 
(9
)
 
(13
)
 
(40
)
 
(39
)
Contract holders' benefits incurred
 
$
63

 
$
57

 
$
188

 
$
175