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Reinsurance
 9 Months Ended
Sep. 30, 2015
Reinsurance Disclosures [Abstract]  
Reinsurance
Reinsurance
The effects of reinsurance on premiums and contract charges are as follows:
($ in millions)
Three months ended September 30,
 
Nine months ended September 30,
 
2015
 
2014
 
2015
 
2014
Direct
$
180

 
$
185

 
$
546

 
$
893

Assumed
 
 
 
 
 
 
 
Affiliate
33

 
32

 
98

 
97

Non-affiliate
208

 
199

 
627

 
410

Ceded
 
 
 
 
 
 
 
Affiliate
(13
)
 
—

 
(27
)
 
—

Non-affiliate
(78
)
 
(82
)
 
(239
)
 
(307
)
Premiums and contract charges, net of reinsurance
$
330

 
$
334

 
$
1,005

 
$
1,093


The effects of reinsurance on contract benefits are as follows:
($ in millions)
Three months ended September 30,
 
Nine months ended September 30,
 
2015
 
2014
 
2015
 
2014
Direct
$
228

 
$
277

 
$
749

 
$
1,023

Assumed
 
 
 
 
 
 
 
Affiliate
20

 
20

 
59

 
66

Non-affiliate
141

 
135

 
411

 
277

Ceded
 
 
 
 
 
 
 
Affiliate
(12
)
 
—

 
(23
)
 
—

Non-affiliate
(24
)
 
(76
)
 
(139
)
 
(265
)
Contract benefits, net of reinsurance
$
353

 
$
356

 
$
1,057

 
$
1,101


The effects of reinsurance on interest credited to contractholder funds are as follows:
($ in millions)
Three months ended September 30,
 
Nine months ended September 30,
 
2015
 
2014
 
2015
 
2014
Direct
$
170

 
$
167

 
$
486

 
$
656

Assumed
 
 
 
 
 
 
 
Affiliate
2

 
2

 
7

 
6

Non-affiliate
20

 
27

 
81

 
54

Ceded
 
 
 
 
 
 
 
Affiliate
(5
)
 
—

 
(10
)
 
—

Non-affiliate
(6
)
 
(5
)
 
(18
)
 
(20
)
Interest credited to contractholder funds, net of reinsurance
$
181

 
$
191

 
$
546

 
$
696