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Reinsurance and indemnification (Tables)
6 Months Ended
Jun. 30, 2020
Reinsurance Disclosures [Abstract]  
Schedule of reductions to premiums and contract charges due to reinsurance premium ceded amounts
Effects of reinsurance ceded and indemnification programs on property and casualty premiums earned and life premiums and contract charges
($ in millions)
 
Three months ended June 30,
 
Six months ended June 30,
 
2020
 
2019
 
2020

2019
Property and casualty insurance premiums earned
 
$
(279
)
 
$
(287
)
 
$
(568
)
 
$
(547
)
Life premiums and contract charges
 
(67
)
 
(69
)
 
(111
)
 
(132
)
Schedule of reductions to costs and expenses due to reinsurance ceded amounts
Effects of reinsurance ceded and indemnification programs on property and casualty insurance claims and claims expense, life contract benefits and interest credited to contractholder funds
($ in millions)
 
Three months ended June 30,
 
Six months ended June 30,
 
2020
 
2019
 
2020
 
2019
Property and casualty insurance claims and claims expense
 
$
(210
)
 
$
(158
)
 
$
(341
)
 
$
(249
)
Life contract benefits
 
(45
)
 
5

 
(136
)
 
(18
)
Interest credited to contractholder funds
 
(7
)
 
(5
)
 
(12
)
 
(8
)


Schedule of reinsurance recoverable for paid and unpaid claims
Reinsurance and indemnification recoverables, net
($ in millions)
 
June 30, 2020
 
December 31, 2019
Property and casualty
 
 
 
 
Paid and due from reinsurers and indemnitors
 
$
86

 
$
112

Unpaid losses estimated (including IBNR)
 
7,014

 
6,912

Total property and casualty
 
$
7,100

 
$
7,024

 
 
 
 
 
Annuities
 
1,367

 
1,305

Life insurance
 
737

 
794

Other
 
86

 
88

Total
 
$
9,290

 
$
9,211