XML 50 R37.htm IDEA: XBRL DOCUMENT v3.6.0.2
REINSURANCE AGREEMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
Reinsurance Disclosures [Abstract]  
Schedule Of Effect Of Reinsurance
The following table summarizes the effect of reinsurance:
 
2016
 
2015
 
2014
 
 
 
(In Millions)
 
 
Direct premiums
$
850

 
$
820

 
$
844

Reinsurance assumed
206

 
207

 
211

Reinsurance ceded
(176
)
 
(173
)
 
(181
)
Premiums
$
880

 
$
854

 
$
874

Universal Life and Investment-type Product Policy Fee Income Ceded
$
640

 
$
645

 
$
630

Policyholders’ Benefits Ceded
$
942

 
$
527

 
$
726
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:

 
2016
 
2015
 
2014
 
(In Millions)
Incurred benefits related to current year
$
7

 
$
11

 
$
14

Incurred benefits related to prior years
15

 
22

 
16

Total Incurred Benefits
$
22

 
$
33

 
$
30

Benefits paid related to current year
$
17

 
$
18

 
$
20

Benefits paid related to prior years
15

 
13

 
11

Total Benefits Paid
$
32

 
$
31

 
$
31