Reinsurance

9 Months Ended

Sep. 30, 2013

Reinsurance

Reinsurance

9.  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,
		2013		2012		2013		2012
Property-liability insurance premiums earned	$	254	$	272	$	801	$	813
Life and annuity premiums and contract charges		160		161		482		500

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,
		2013		2012		2013		2012
Property-liability insurance claims and claims expense	$	154	$	188	$	596	$	327
Life and annuity contract benefits		117		184		288		388
Interest credited to contractholder funds		8		7		22		21