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Reinsurance

3 Months Ended

Mar. 31, 2016

Property-liability insurance premiums earned and life and annuity premiums and contract charges have been reduced by reinsurance ceded amounts shown in the following table.



($ in millions)	Three months ended March 31,
	2016		2015
Property-liability insurance premiums earned	$	249	$	260
Life and annuity premiums and contract charges	74		85

Property-liability insurance claims and claims expense, life and annuity contract benefits and interest credited to contractholder funds have been reduced by the reinsurance ceded amounts shown in the following table.



($ in millions)	Three months ended March 31,
	2016		2015
Property-liability insurance claims and claims expense	$	161	$	105
Life and annuity contract benefits	67		77
Interest credited to contractholder funds	5		6

- Definition

The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts.

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