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Reinsurance (Tables)
 9 Months Ended
Sep. 30, 2019
Reinsurance Disclosures [Abstract]  
Effects of reinsurance on premiums and contract charges
The effects of reinsurance on premiums and contract charges are as follows:
($ in millions)
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Direct
$
180

 
$
184

 
$
548

 
$
553

Assumed
 
 
 
 
 
 
 
Affiliate
58

 
60

 
174

 
181

Non-affiliate
172

 
184

 
524

 
558

Ceded
 
 
 
 
 
 
 
Affiliate
(12
)
 
(13
)
 
(37
)
 
(38
)
Non-affiliate
(65
)
 
(71
)
 
(189
)
 
(209
)
Premiums and contract charges, net of reinsurance
$
333

 
$
344

 
$
1,020

 
$
1,045
Effects of reinsurance on contract benefits
The effects of reinsurance on contract benefits are as follows:
($ in millions)
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Direct
$
278

 
$
253

 
$
739

 
$
776

Assumed
 
 
 
 
 
 
 
Affiliate
37

 
44

 
99

 
112

Non-affiliate
127

 
101

 
377

 
358

Ceded
 
 
 
 
 
 
 
Affiliate
(8
)
 
(7
)
 
(27
)
 
(27
)
Non-affiliate
(68
)
 
(29
)
 
(84
)
 
(130
)
Contract benefits, net of reinsurance
$
366

 
$
362

 
$
1,104

 
$
1,089
Effects of reinsurance on interest credited to contractholder funds
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,
 
2019
 
2018
 
2019
 
2018
Direct
$
123

 
$
119

 
$
353

 
$
378

Assumed
 
 
 
 
 
 
 
Affiliate
2

 
2

 
6

 
6

Non-affiliate
41

 
38

 
116

 
96

Ceded
 
 
 
 
 
 
 
Affiliate
(5
)
 
(5
)
 
(15
)
 
(15
)
Non-affiliate
(7
)
 
(4
)
 
(15
)
 
(15
)
Interest credited to contractholder funds, net of reinsurance
$
154

 
$
150

 
$
445

 
$
450