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Reinsurance
 6 Months Ended
Jun. 30, 2019
Reinsurance Disclosures [Abstract]  
Reinsurance Reinsurance
The effects of reinsurance on premiums and contract charges are as follows:
($ in millions)
Three months ended June 30,
 
Six months ended June 30,
 
2019
 
2018
 
2019
 
2018
Direct
$
185

 
$
184

 
$
368

 
$
369

Assumed
 
 
 
 
 
 
 
Affiliate
58

 
61

 
116

 
121

Non-affiliate
175

 
185

 
352

 
374

Ceded
 
 
 
 
 
 
 
Affiliate
(13
)
 
(12
)
 
(25
)
 
(25
)
Non-affiliate
(65
)
 
(70
)
 
(124
)
 
(138
)
Premiums and contract charges, net of reinsurance
$
340

 
$
348

 
$
687

 
$
701


The effects of reinsurance on contract benefits are as follows:
($ in millions)
Three months ended June 30,
 
Six months ended June 30,
 
2019
 
2018
 
2019
 
2018
Direct
$
211

 
$
266

 
$
461

 
$
523

Assumed
 
 
 
 
 
 
 
Affiliate
30

 
34

 
62

 
68

Non-affiliate
134

 
123

 
250

 
257

Ceded
 
 
 
 
 
 
 
Affiliate
(10
)
 
(8
)
 
(19
)
 
(20
)
Non-affiliate
10

 
(58
)
 
(16
)
 
(101
)
Contract benefits, net of reinsurance
$
375

 
$
357

 
$
738

 
$
727


The effects of reinsurance on interest credited to contractholder funds are as follows:
($ in millions)
Three months ended June 30,
 
Six months ended June 30,
 
2019
 
2018
 
2019
 
2018
Direct
$
117

 
$
129

 
$
230

 
$
259

Assumed
 
 
 
 
 
 
 
Affiliate
2

 
2

 
4

 
4

Non-affiliate
34

 
33

 
75

 
58

Ceded
 
 
 
 
 
 
 
Affiliate
(5
)
 
(5
)
 
(10
)
 
(10
)
Non-affiliate
(5
)
 
(7
)
 
(8
)
 
(11
)
Interest credited to contractholder funds, net of reinsurance
$
143

 
$
152

 
$
291

 
$
300


Reinsurance Recoverables As of June 30, 2019, the Company had $2.48 billion of reinsurance recoverables. Of the $2.48 billion, the Company had $64 million of reinsurance recoverables, net of an allowance for estimated uncollectible amounts, related to Scottish Re (U.S.), Inc. On December 14, 2018, the Delaware Insurance Commissioner placed Scottish Re (U.S.), Inc. under regulatory supervision.  On March 6, 2019, the Chancery Court of the State of Delaware entered a Rehabilitation and Injunction Order (the “Rehabilitation Order”) in response to a petition filed by the Insurance Commissioner (the “Petition”).  Pursuant to the Petition, it is expected that Scottish Re (U.S.), Inc. will submit a Plan of Rehabilitation and will not make payments relating to the claims or losses of ceding insurers. The Company joined in a joint motion filed on behalf of several affected parties asking the court to allow a specified amount of offsetting claim payments and losses against premiums remitted to Scottish Re (U.S.), Inc.  The Company also filed a separate motion related to the reimbursement of claim payments where Scottish Re (U.S.), Inc. is also acting as administrator. The Court has not yet ruled on either of these motions.
The Company continues to monitor Scottish Re (U.S.), Inc. for future developments and will reevaluate its allowance for uncollectible amounts as new information becomes available.