XML 50 R37.htm IDEA: XBRL DOCUMENT v3.3.1.900
REINSURANCE AGREEMENTS (Tables)
 12 Months Ended
Dec. 31, 2015
Reinsurance Disclosures [Abstract]  
Schedule Of Effect Of Reinsurance
The following table summarizes the effect of reinsurance:
 
2015
 
2014
 
2013
 
 
 
(In Millions)
 
 
Direct premiums
$
820

 
$
844

 
$
848

Reinsurance assumed
207

 
211

 
213

Reinsurance ceded
(539
)
 
(541
)
 
(565
)
Premiums
$
488

 
$
514

 
$
496

Universal Life and Investment-type Product Policy Fee Income Ceded
$
279

 
$
270

 
$
247

Policyholders’ Benefits Ceded
$
527

 
$
726

 
$
703
Schedule Of Net Incurred Benefits And Benefits Paid For Individual DI And Major Medical Policies
Net incurred benefits (benefits paid plus changes in claim reserves) and benefits paid for individual DI and major medical policies are summarized below:
 
2015
 
2014
 
2013
 
(In Millions)
Incurred benefits related to current year
$
11

 
$
14

 
$
15

Incurred benefits related to prior years
22

 
16

 
10

Total Incurred Benefits
$
33

 
$
30

 
$
25

Benefits paid related to current year
$
18

 
$
20

 
$
19

Benefits paid related to prior years
13

 
11

 
13

Total Benefits Paid
$
31

 
$
31

 
$
32