Reinsurance

6 Months Ended

Jun. 30, 2014

Reinsurance

Reinsurance

9.  Reinsurance

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 June 30,				Six months ended June 30,
		2014		2013		2014		2013
Property-liability insurance premiums earned	$	262	$	274	$	520	$	547
Life and annuity premiums and contract charges		84		164		237		322

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 June 30,				Six months ended June 30,
		2014		2013		2014		2013
Property-liability insurance claims and claims expense	$	120	$	224	$	218	$	442
Life and annuity contract benefits		79		83		205		171
Interest credited to contractholder funds		9		8		15		14