XML 62 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727
REINSURANCE (Tables)
6 Months Ended
Jun. 30, 2015
Reinsurance Disclosures [Abstract]  
Effects of Reinsurance
The following table reconciles direct premium income and direct benefits and claims to net amounts after the effect of reinsurance.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(In millions)
2015
 
2014
 
2015
 
2014
Direct premium income
 
$
4,448

 
 
 
$
4,969

 
 
 
$
8,962

 
 
 
$
9,902

 
Ceded to other companies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Ceded Aflac Japan closed blocks
 
(132
)
 
 
 
(72
)
 
 
 
(222
)
 
 
 
(145
)
 
    Other
 
(8
)
 
 
 
(11
)
 
 
 
(18
)
 
 
 
(20
)
 
Assumed from other companies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Retrocession activities
 
55

 
 
 
0

 
 
 
70

 
 
 
0

 
    Other
 
1

 
 
 
2

 
 
 
4

 
 
 
5

 
Net premium income
 
$
4,364

 
 
 
$
4,888

 
 
 
$
8,796

 
 
 
$
9,742

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Direct benefits and claims
 
$
3,013

 
 
 
$
3,361

 
 
 
$
6,038

 
 
 
$
6,650

 
Ceded benefits and change in reserves for future benefits:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Ceded Aflac Japan closed blocks
 
(120
)
 
 
 
(65
)
 
 
 
(200
)
 
 
 
(129
)
 
    Other
 
10

 
 
 
(6
)
 
 
 
3

 
 
 
(13
)
 
Assumed from other companies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Retrocession activities
 
51

 
 
 
0

 
 
 
65

 
 
 
0

 
    Other
 
(17
)
 
 
 
3

 
 
 
(17
)
 
 
 
5

 
Benefits and claims, net
 
$
2,937

 
 
 
$
3,293

 
 
 
$
5,889

 
 
 
$
6,513