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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2018
Reinsurance Disclosures [Abstract]  
Property Casualty Insurance Premiums Written On Assumed And Ceded Business
The tables below summarize our consolidated property casualty insurance net written premiums, earned premiums and incurred loss and loss expenses:
(Dollars in millions)
 
Three months ended March 31,
 
 
2018
 
2017
Direct written premiums
 
$
1,247

 
$
1,226

Assumed written premiums
 
49

 
33

Ceded written premiums
 
(38
)
 
(28
)
Net written premiums
 
$
1,258

 
$
1,231

 
 
 
 
 
Earned Consolidated Property Casualty Insurance Premiums On Assumed And Ceded Business
(Dollars in millions)
 
Three months ended March 31,
 
 
2018
 
2017
Direct earned premiums
 
$
1,207

 
$
1,163

Assumed earned premiums
 
33

 
27

Ceded earned premiums
 
(40
)
 
(39
)
Earned premiums
 
$
1,200

 
$
1,151

 
 
 
 
 
Incurred Consolidated Property Casualty Insurance Loss And Loss Expenses On Assumed And Ceded Business
(Dollars in millions)
 
Three months ended March 31,
 
 
2018
 
2017
Direct incurred loss and loss expenses
 
$
781

 
$
788

Assumed incurred loss and loss expenses
 
16

 
15

Ceded incurred loss and loss expenses
 
(6
)
 
(15
)
Incurred loss and loss expenses
 
$
791

 
$
788

 
 
 
 
 
Earned Life Insurance Premiums On Ceded Business
(Dollars in millions)
 
Three months ended March 31,
 
 
2018
 
2017
Direct earned premiums
 
$
77

 
$
74

Ceded earned premiums
 
(17
)
 
(17
)
Earned premiums
 
$
60

 
$
57

 
 
 
 
 
Life Insurance Contract Holders' Benefits Incurred On Ceded Business
(Dollars in millions)
 
Three months ended March 31,
 
 
2018
 
2017
Direct contract holders' benefits incurred
 
$
76

 
$
76

Ceded contract holders' benefits incurred
 
(13
)
 
(11
)
Contract holders' benefits incurred
 
$
63

 
$
65