Reinsurance (Tables)

12 Months Ended

Dec. 31, 2015

Insurance [Abstract]

Summary of Amounts Receivable from Reinsurers

The following table presents the amounts receivable from reinsurers:

December 31	2015			2014
(In millions)
Reinsurance receivables related to insurance reserves:
Ceded claim and claim adjustment expenses		$	4,087		$	4,344
Ceded future policy benefits			207			185
Reinsurance receivables related to paid losses			197			213
Reinsurance receivables			4,491			4,742
Less allowance for doubtful accounts			38			48
Reinsurance receivables, net of allowance for doubtful accounts		$	4,453		$	4,694

Summary of Effects of Reinsurance on Earned Premiums

The effects of reinsurance on earned premiums are presented in the following table:

	Direct		Assumed		Ceded		Net		Assumed/ Net %
(In millions)
Year Ended December 31, 2015
Property and casualty	$	9,853	$	274	$	3,754	$	6,373		4.3	%
Accident and health		498		50				548		9.1
Earned premiums	$	10,351	$	324	$	3,754	$	6,921		4.7	%
Year Ended December 31, 2014
Property and casualty	$	9,452	$	277	$	3,073	$	6,656		4.2	%
Accident and health		508		48				556		8.6
Earned premiums	$	9,960	$	325	$	3,073	$	7,212		4.5	%
Year Ended December 31, 2013
Property and casualty	$	9,063	$	258	$	2,609	$	6,712		3.8	%
Accident and health		511		48				559		8.6
Earned premiums	$	9,574	$	306	$	2,609	$	7,271		4.2	%