Reinsurance

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
		2014		2013		2014		2013
Property-liability insurance premiums earned	$	258	$	254	$	778	$	801
Life and annuity premiums and contract charges		89		160		326		482

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,
		2014		2013		2014		2013
Property-liability insurance claims and claims expense	$	155	$	154	$	373	$	596
Life and annuity contract benefits		81		117		286		288
Interest credited to contractholder funds		5		8		20		22