Reinsurance (Tables)

3 Months Ended

Mar. 31, 2019

Reinsurance Disclosures [Abstract]

Property Casualty Insurance Assumed And Ceded Business

The table below summarizes our consolidated property casualty insurance net written premiums, earned premiums and incurred loss and loss expenses:

(Dollars in millions)	Three months ended March 31,
	2019			2018
Direct written premiums	$	1,335		$	1,247
Assumed written premiums	87			49
Ceded written premiums	(41		)	(38		)
Net written premiums	$	1,381		$	1,258
Direct earned premiums	$	1,266		$	1,207
Assumed earned premiums	43			33
Ceded earned premiums	(42		)	(40		)
Earned premiums	$	1,267		$	1,200
Direct incurred loss and loss expenses	$	787		$	781
Assumed incurred loss and loss expenses	25			16
Ceded incurred loss and loss expenses	(22		)	(6		)
Incurred loss and loss expenses	$	790		$	791

Life Insurance Assumed and Ceded Business

(Dollars in millions)	Three months ended March 31,
	2019			2018
Direct earned premiums	$	83		$	77
Ceded earned premiums	(17		)	(17		)
Earned premiums	$	66		$	60
Direct contract holders' benefits incurred	85			76
Ceded contract holders' benefits incurred	(15		)	(13		)
Contract holders' benefits incurred	$	70		$	63