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Assumed life reinsurance programs involving minimum benefit guarantees under annuity contracts (Tables)
 9 Months Ended
Sep. 30, 2016
Reinsurance Disclosures [Abstract]  
Schedule Of Guaranteed Minimum Death Benefits And Guaranteed Minimum Income Benefits Income And Expense
The following table presents income and expenses relating to GMDB and GLB reinsurance. GLBs include GMIBs as well as some GMABs originating in Japan.
 
Three Months Ended
 
 
Nine Months Ended
 
 
September 30
 
 
September 30
 
(in millions of U.S. dollars)
2016

 
2015

 
2016

 
2015

GMDB
 
 
 
 
 
 
 
Net premiums earned
$
15

 
$
15

 
$
42

 
$
47

Policy benefits and other reserve adjustments
$
11

 
$
5

 
$
34

 
$
25

GLB
 
 
 
 
 
 
 
Net premiums earned
$
28

 
$
30

 
$
88

 
$
92

Policy benefits and other reserve adjustments
9

 
15

 
24

 
34

Net realized gains (losses)
86

 
(397
)
 
(285
)
 
(338
)
Loss recognized in Net income
$
105

 
$
(382
)
 
$
(221
)
 
$
(280
)
Less: Net cash received
15

 
20

 
57

 
74

Net (increase) decrease in liability
$
90

 
$
(402
)
 
$
(278
)
 
$
(354
)