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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2016
Reinsurance Disclosures [Abstract]  
Property Casualty Insurance Premiums Written On Assumed And Ceded Business [Table Text Block]
The table below includes our net written consolidated property casualty insurance premiums on assumed and ceded business:
(Dollars in millions)
 
Years ended December 31,
 
 
2016
 
2015
 
2014
Direct written premiums
 
$
4,646

 
$
4,461

 
$
4,309

Assumed written premiums
 
103

 
77

 
11

Ceded written premiums
 
(169
)
 
(177
)
 
(177
)
Net written premiums
 
$
4,580

 
$
4,361

 
$
4,143

 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2014
Direct earned premiums
 
$
4,567

 
$
4,396

 
$
4,209

Assumed earned premiums
 
77

 
29

 
12

Ceded earned premiums
 
(162
)
 
(154
)
 
(176
)
Earned premiums
 
$
4,482

 
$
4,271

 
$
4,045

 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2014
Direct incurred loss and loss expenses
 
$
2,874

 
$
2,596

 
$
2,661

Assumed incurred loss and loss expenses
 
43

 
12

 
6

Ceded incurred loss and loss expenses
 
(56
)
 
(36
)
 
(40
)
Incurred loss and loss expenses
 
$
2,861

 
$
2,572

 
$
2,627

 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2014
Direct earned premiums
 
$
290

 
$
271

 
$
259

Ceded earned premiums
 
(62
)
 
(62
)
 
(61
)
Earned premiums
 
$
228

 
$
209

 
$
198

 
 
 
 
 
 
 
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,
 
 
2016
 
2015
 
2014
Direct contract holders' benefits incurred
 
$
303

 
$
292

 
$
299

Ceded contract holders' benefits incurred
 
(57
)
 
(56
)
 
(70
)
Contract holders' benefits incurred
 
$
246

 
$
236

 
$
229