XML 84 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Reinsurance Level 3 (Tables) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Reinsurance Disclosures [Abstract]    
Reinsurance Recoverables, Net [Table Text Block]
The Company's reinsurance recoverables are summarized as follows:
 
As of December 31,
 
2014
2013
Property and Casualty Insurance Products:
 
 
Paid loss and loss adjustment expenses
$
133

$
138

Unpaid loss and loss adjustment expenses
2,868

2,841

Gross reinsurance recoverables
3,001

2,979

Allowance for uncollectible reinsurance
(271
)
(244
)
Net reinsurance recoverables
$
2,730

$
2,735

Life Insurance Products:
 
 
Future policy benefits and unpaid loss and loss adjustment expenses and other policyholder funds and benefits payable
 
 
Sold businesses (MassMutual and Prudential)
$
18,997

$
19,374

Other reinsurers
1,193

1,221

Net reinsurance recoverables [1]
$
20,190

$
20,595

Reinsurance recoverables, net
$
22,920

$
23,330

 
Life insurance fees, earned premiums and other
 
For the years ended December 31,
 
2014
2013
2012
Gross earned premiums, fees and other considerations
$
6,029

$
6,435

$
6,905

Reinsurance assumed
193

138

137

Reinsurance ceded
(1,720
)
(1,780
)
(524
)
Net earned premiums, fees and other considerations
$
4,502

$
4,793

$
6,518

 
Effect of reinsurance on property and casualty premiums written and earned
 
For the years ended December 31,
Premiums Written
2014
2013
2012
Direct
$
10,571

$
10,564

$
10,405

Assumed
275

247

230

Ceded
(602
)
(882
)
(788
)
Net
$
10,244

$
9,929

$
9,847

Premiums Earned
 

 

 

Direct
$
10,531

$
10,494

$
10,484

Assumed
264

241

205

Ceded
(699
)
(871
)
(796
)
Net
$
10,096

$
9,864

$
9,893

 
Reinsurance Recoverables $ 22,920us-gaap_ReinsuranceRecoverables $ 23,330us-gaap_ReinsuranceRecoverables