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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2013
Insurance [Abstract]  
Effect of Reinsurance on Premiums Written and Earned

The effect of reinsurance on the premiums written and earned of the P&C Group was as follows:

 

     Years Ended December 31  
     2013      2012      2011  
     (in millions)  

Direct premiums written

   $ 12,804       $ 12,647       $ 12,452   

Assumed reinsurance

     503         423         398   

Ceded reinsurance

     (1,083      (1,200      (1,092
  

 

 

    

 

 

    

 

 

 

Net premiums written

   $ 12,224       $ 11,870       $ 11,758   
  

 

 

    

 

 

    

 

 

 

Direct premiums earned

   $ 12,717       $ 12,596       $ 12,387   

Assumed reinsurance

     476         422         365   

Ceded reinsurance

     (1,127      (1,180      (1,108
  

 

 

    

 

 

    

 

 

 

Net premiums earned

   $ 12,066       $ 11,838       $ 11,644