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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2017
Insurance [Abstract]  
Summary of Amounts Receivable from Reinsurers

The following table presents the amounts receivable from reinsurers:

 

December 31    2017    2016

(In millions)

         

Reinsurance receivables related to insurance reserves:

         

Ceded claim and claim adjustment expenses

     $       3,934              $       4,094        

Ceded future policy benefits

       230        212        

Reinsurance receivables related to paid losses

       126        147        

Reinsurance receivables

       4,290        4,453        

Less allowance for doubtful accounts

       29        37        

Reinsurance receivables, net of allowance for doubtful accounts

     $ 4,261              $ 4,416        
   

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, 2017

              

Property and casualty

   $ 10,447      $    317      $    4,315      $    6,449            4.9%  

Long term care

     489        50           539            9.3      

 

    

Earned premiums

   $   10,936      $ 367      $ 4,315      $    6,988            5.3%  

 

    

Year Ended December 31, 2016

              

Property and casualty

   $ 10,400      $ 258      $ 4,270      $ 6,388            4.0%  

Long term care

     486        50           536            9.3      

 

    

Earned premiums

   $ 10,886      $ 308      $ 4,270      $ 6,924            4.4%  

 

    

Year Ended December 31, 2015

              

Property and casualty

   $ 9,853      $ 274      $ 3,754      $ 6,373            4.3%  

Long term care

     498        50           548            9.1      

 

    

Earned premiums

   $ 10,351      $ 324      $ 3,754      $ 6,921            4.7%