Reinsurance (Tables)

6 Months Ended

Jun. 30, 2014

Reinsurance

Effects of reinsurance on premiums and contract charges

($ in millions)		Three months ended June 30,				Six months ended June 30,
		2014		2013		2014		2013
Direct	$	187	$	520	$	708	$	1,035
Assumed
Affiliate		32		31		65		61
Non-affiliate		195		17		211		34
Ceded-non-affiliate		(78)		(158)		(225)		(311)
Premiums and contract charges, net of reinsurance	$	336	$	410	$	759	$	819

Effects of reinsurance on contract benefits

($ in millions)		Three months ended June 30,				Six months ended June 30,
		2014		2013		2014		2013
Direct	$	253	$	441	$	746	$	871
Assumed
Affiliate		23		18		46		40
Non-affiliate		129		12		142		25
Ceded-non-affiliate		(71)		(75)		(189)		(159)
Contract benefits, net of reinsurance	$	334	$	396	$	745	$	777

Effects of reinsurance on interest credited to contractholder funds

($ in millions)		Three months ended June 30,				Six months ended June 30,
		2014		2013		2014		2013
Direct	$	191	$	302	$	489	$	637
Assumed
Affiliate		2		3		4		5
Non-affiliate		20		8		27		15
Ceded-non-affiliate		(8)		(9)		(15)		(14)
Interest credited to contractholder funds, net of reinsurance	$	205	$	304	$	505	$	643