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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2018
Reinsurance Disclosures [Abstract]  
Components of Reinsurance Receivables
The following table presents the amounts receivable from reinsurers.
December 31
 
 
 
(In millions)
2018
 
2017
Reinsurance receivables related to insurance reserves:
 
 
 
Ceded claim and claim adjustment expenses
$
4,019

 
$
3,934

Ceded future policy benefits
233

 
230

Reinsurance receivables related to paid losses
203

 
126

Reinsurance receivables
4,455

 
4,290

Allowance for uncollectible reinsurance
(29
)
 
(29
)
Reinsurance receivables, net of allowance for uncollectible reinsurance
$
4,426

 
$
4,261

Components of Earned and Written Premiums
The effects of reinsurance on earned premiums and written premiums are presented in the following tables.
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
 
Assumed/
Net %
2018 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
10,857

 
$
305

 
$
4,380

 
$
6,782

 
4.5
%
Long term care
480

 
50

 

 
530

 
9.4
%
Total earned premiums
$
11,337

 
$
355

 
$
4,380

 
$
7,312

 
4.9
%
 
 
 
 
 
 
 
 
 
 
2017 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
10,447

 
$
317

 
$
4,315

 
$
6,449

 
4.9
%
Long term care
489

 
50

 

 
539

 
9.3
%
Total earned premiums
$
10,936

 
$
367

 
$
4,315

 
$
6,988

 
5.3
%
 
 
 
 
 
 
 
 
 
 
2016 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
10,400

 
$
258

 
$
4,270

 
$
6,388

 
4.0
%
Long term care
486

 
50

 

 
536

 
9.3
%
Total earned premiums
$
10,886

 
$
308

 
$
4,270

 
$
6,924

 
4.4
%
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
 
Assumed/
Net %
2018 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
11,094

 
$
310

 
$
4,583

 
$
6,821

 
4.5
%
Long term care
474

 
50

 

 
524

 
9.5
%
Total written premiums
$
11,568

 
$
360

 
$
4,583

 
$
7,345

 
4.9
%
 
 
 
 
 
 
 
 
 
 
2017 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
10,655

 
$
327

 
$
4,449

 
$
6,533

 
5.0
%
Long term care
486

 
50

 

 
536

 
9.3
%
Total written premiums
$
11,141

 
$
377

 
$
4,449

 
$
7,069

 
5.3
%
 
 
 
 
 
 
 
 
 
 
2016 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
10,451

 
$
245

 
$
4,255

 
$
6,441

 
3.8
%
Long term care
495

 
52

 

 
547

 
9.5
%
Total written premiums
$
10,946

 
$
297

 
$
4,255

 
$
6,988

 
4.3
%