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Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2017
Reinsurance Disclosures [Abstract]  
Property Casualty Insurance Premiums Written On Assumed And Ceded Business
The table below includes our net written consolidated property casualty insurance premiums on assumed and ceded business:
(Dollars in millions)
Three months ended March 31,
 
2017
 
2016
Direct written premiums
$
1,226

 
$
1,161

Assumed written premiums
33

 
21

Ceded written premiums
(28
)
 
(35
)
Net written premiums
$
1,231

 
$
1,147

 
 
 
 
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,
 
2017
 
2016
Direct earned premiums
$
1,163

 
$
1,119

Assumed earned premiums
27

 
15

Ceded earned premiums
(39
)
 
(38
)
Earned premiums
$
1,151

 
$
1,096

 
 
 
 
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,
 
2017
 
2016
Direct incurred loss and loss expenses
$
788

 
$
648

Assumed incurred loss and loss expenses
15

 
10

Ceded incurred loss and loss expenses
(15
)
 
3

Incurred loss and loss expenses
$
788

 
$
661

 
 
 
 
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,
 
2017
 
2016
Direct earned premiums
$
74

 
$
71

Ceded earned premiums
(17
)
 
(13
)
Earned premiums
$
57

 
$
58

 
 
 
 
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,
 
2017
 
2016
Direct contract holders' benefits incurred
$
76

 
$
76

Ceded contract holders' benefits incurred
(11
)
 
(13
)
Contract holders' benefits incurred
$
65

 
$
63