Reinsurance

9 Months Ended

Sep. 30, 2011

Reinsurance

Reinsurance

8.  Reinsurance

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

($ in millions)		Three months ended September 30,				Nine months ended September 30,
		2011		2010		2011		2010
Property-liability insurance premiums earned	$	277	$	270	$	821	$	811
Life and annuity premiums and contract charges		180		192		558		585

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 September 30,				Nine months ended September 30,
		2011		2010		2011		2010
Property-liability insurance claims and claims expense	$	287	$	11	$	485	$	202
Life and annuity contract benefits		207		267		343		616
Interest credited to contractholder funds		7		8		21		24