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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2015

Related Party Transactions [Abstract]

Schedule of notes due to related parties

Notes due to related parties outstanding as of December 31 consisted of the following:



($ in millions)	2015				2014
6.74% Surplus Note, due 2029, to Kennett ⁽¹⁾	$	25			$	25
3.24% Surplus Note, due 2035, to Kennett⁽¹⁾	100				100
6.18% Surplus Note, due 2036, to Kennett ⁽¹⁾	100				100
5.93% Surplus Note, due 2038, to Kennett⁽¹⁾	50				50
Total notes due to related parties	$	275			$	275

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⁽¹⁾	No payment of principal or interest is permitted on the surplus notes without the written approval from the proper regulatory authority. The regulatory authority could prohibit the payment of interest and principal on the surplus notes if certain statutory capital requirements are not met. Permission to pay interest on the surplus notes was granted in 2015, 2014 and 2013.