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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2013
Reinsurance Disclosures [Abstract]  
Components of Reinsurance Receivables
The following table summarizes the amounts receivable from reinsurers at December 31, 2013 and 2012.
Components of Reinsurance Receivables
December 31
 
 
 
(In millions)
2013
 
2012
Reinsurance receivables related to insurance reserves:
 
 
 
Ceded claim and claim adjustment expenses
$
4,972

 
$
5,126

Ceded future policy benefits
733

 
759

Ceded policyholders' funds
35

 
35

Reinsurance receivables related to paid losses
348

 
311

Reinsurance receivables
6,088

 
6,231

Allowance for uncollectible reinsurance
(71
)
 
(73
)
Reinsurance receivables, net of allowance for uncollectible reinsurance
$
6,017

 
$
6,158
Components of Earned and Written Premiums
The effects of reinsurance on earned premiums and written premiums for the years ended December 31, 2013, 2012 and 2011 are shown in the following tables.
Components of Earned Premiums
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
 
Assumed/
Net %
2013 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
9,063

 
$
258

 
$
2,609

 
$
6,712

 
3.8
%
Accident and health
512

 
48

 
1

 
559

 
8.6
%
Life
49

 
—

 
49

 
—

 
—

Total earned premiums
$
9,624

 
$
306

 
$
2,659

 
$
7,271

 
4.2
%
 
 
 
 
 
 
 
 
 
 
2012 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
8,354

 
$
197

 
$
2,229

 
$
6,322

 
3.1
%
Accident and health
514

 
47

 
1

 
560

 
8.4
%
Life
51

 
—

 
51

 
—

 
—

Total earned premiums
$
8,919

 
$
244

 
$
2,281

 
$
6,882

 
3.5
%
 
 
 
 
 
 
 
 
 
 
2011 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,858

 
$
95

 
$
1,919

 
$
6,034

 
1.6
%
Accident and health
521

 
50

 
2

 
569

 
8.8
%
Life
55

 
—

 
55

 
—

 
—

Total earned premiums
$
8,434

 
$
145

 
$
1,976

 
$
6,603

 
2.2
%
Components of Written Premiums
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
 
Assumed/
Net %
2013 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
9,103

 
$
249

 
$
2,556

 
$
6,796

 
3.7
%
Accident and health
506

 
47

 
1

 
552

 
8.5
%
Life
49

 
—

 
49

 
—

 
—

Total written premiums
$
9,658

 
$
296

 
$
2,606

 
$
7,348

 
4.0
%
 
 
 
 
 
 
 
 
 
 
2012 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
8,467

 
$
169

 
$
2,225

 
$
6,411

 
2.6
%
Accident and health
507

 
47

 
1

 
553

 
8.5
%
Life
51

 
—

 
51

 
—

 
—

Total written premiums
$
9,025

 
$
216

 
$
2,277

 
$
6,964

 
3.1
%
 
 
 
 
 
 
 
 
 
 
2011 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,976

 
$
102

 
$
1,857

 
$
6,221

 
1.6
%
Accident and health
529

 
50

 
2

 
577

 
8.7
%
Life
55

 
—

 
55

 
—

 
—

Total written premiums
$
8,560

 
$
152

 
$
1,914

 
$
6,798

 
2.2
%
Components of Life Insurance Inforce
Components of Life Insurance Inforce
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
2013
$
5,127

 
$
—

 
$
5,118

 
$
9

2012
5,713

 
—

 
5,702

 
11

2011
6,528

 
—

 
6,515

 
13