Reinsurance (Tables)

12 Months Ended

Dec. 31, 2019

Insurance [Abstract]

Summary of Amounts Receivable from Reinsurers

The following table presents the amounts receivable from reinsurers:

December 31	2019		2018
(In millions)
Reinsurance receivables related to insurance reserves:
Ceded claim and claim adjustment expenses	$	3,835	$	4,019
Ceded future policy benefits		226		233
Reinsurance receivables related to paid losses		143		203
Reinsurance receivables		4,204		4,455
Less allowance for doubtful accounts		25		29
Reinsurance receivables, net of allowance for doubtful accounts	$	4,179	$	4,426

Summary of Effects of Reinsurance on Earned Premiums

The effects of reinsurance on earned premiums are presented in the following table:

	Direct		Assumed		Ceded		Net		Assumed/ Net %
(In millions)
Year Ended December 31, 2019
Property and casualty	$	11,021	$	288	$	4,401	$	6,908		4.2	%
Long term care		470		50				520		9.6
Earned premiums	$	11,491	$	338	$	4,401	$	7,428		4.6	%
Year Ended December 31, 2018
Property and casualty	$	10,857	$	305	$	4,380	$	6,782		4.5	%
Long term care		480		50				530		9.4
Earned premiums	$	11,337	$	355	$	4,380	$	7,312		4.9	%
Year Ended December 31, 2017
Property and casualty	$	10,447	$	317	$	4,315	$	6,449		4.9	%
Long term care		489		50				539		9.3
Earned premiums	$	10,936	$	367	$	4,315	$	6,988		5.3	%