Reinsurance (Tables)

9 Months Ended

Sep. 30, 2013

Reinsurance

Effects of reinsurance on premiums and contract charges

($ in millions)		Three months ended September 30,				Nine months ended September 30,
		2013		2012		2013		2012
Direct	$	518	$	520	$	1,553	$	1,591
Assumed
Affiliate		31		29		92		86
Non-affiliate		17		13		51		22
Ceded-non-affiliate		(155)		(156)		(466)		(484)
Premiums and contract charges, net of reinsurance	$	411	$	406	$	1,230	$	1,215

Effects of reinsurance on contract benefits

($ in millions)		Three months ended September 30,				Nine months ended September 30,
		2013		2012		2013		2012
Direct	$	499	$	525	$	1,370	$	1,426
Assumed
Affiliate		20		19		60		54
Non-affiliate		13		11		38		21
Ceded-non-affiliate		(110)		(179)		(269)		(373)
Contract benefits, net of reinsurance	$	422	$	376	$	1,199	$	1,128

Effects of reinsurance on interest credited to contractholder funds

($ in millions)		Three months ended September 30,				Nine months ended September 30,
		2013		2012		2013		2012
Direct	$	309	$	208	$	946	$	942
Assumed
Affiliate		2		2		7		7
Non-affiliate		7		5		22		11
Ceded-non-affiliate		(8)		(7)		(22)		(21)
Interest credited to contractholder funds, net of reinsurance	$	310	$	208	$	953	$	939