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Reinsurance | 9 Months Ended
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Sep. 30, 2019
Reinsurance Disclosures [Abstract] |
Reinsurance |
Note 9 | Reinsurance
Effects of reinsurance ceded on property and casualty premiums earned and life premiums and contract charges
($ in millions) |  | Three months ended September 30, |  | Nine months ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Property and casualty insurance premiums earned |  | $ | (289 | ) |  | $ | (260 | ) |  | $ | (836 | ) |  | $ | (756 | )
Life premiums and contract charges |  | (68 | ) |  | (76 | ) |  | (200 | ) |  | (221 | )
Effects of reinsurance ceded on property and casualty insurance claims and claims expense, life contract benefits and interest credited to contractholder funds
($ in millions) |  | Three months ended September 30, |  | Nine months ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Property and casualty insurance claims and claims expense |  | $ | (216 | ) |  | $ | (247 | ) |  | $ | (465 | ) |  | $ | (572 | )
Life contract benefits |  | (74 | ) |  | (35 | ) |  | (92 | ) |  | (150 | )
Interest credited to contractholder funds |  | (6 | ) |  | (5 | ) |  | (14 | ) |  | (16 | )
Reinsurance Recoverables As of September 30, 2019, the Company had $9.36 billion of reinsurance and indemnification recoverables, including $781 million of reinsurance recoverables for its life insurance business. Of the $781 million, the Company had $64 million of reinsurance recoverables, net of an allowance for estimated uncollectible amounts, related to Scottish Re (U.S.), Inc. On December 14, 2018, the Delaware Insurance Commissioner placed Scottish Re (U.S.), Inc. under regulatory supervision. On March 6, 2019, the Chancery Court of the State of Delaware entered a Rehabilitation and Injunction Order (the “Rehabilitation Order”) in response to a petition filed by the Insurance Commissioner (the “Petition”). Pursuant to the Petition, it is expected that Scottish Re (U.S.), Inc. will submit a Plan of Rehabilitation. The Company joined in a joint motion filed on behalf of several affected parties asking the court to allow a specified amount of offsetting claim payments and losses against premiums remitted to Scottish Re (U.S.), Inc. The Company also filed a separate motion related to the reimbursement of claim payments where Scottish Re (U.S.), Inc. is also acting as administrator. The Court has not yet ruled on either of these motions. In the interim, the Company and several other affected parties have been permitted to exercise certain setoff rights while the parties address any potential disputes. The Company continues to monitor Scottish Re (U.S.), Inc. for future developments and will reevaluate its allowance for uncollectible amounts as new information becomes available.

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- Definition The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -URI http://asc.fasb.org/topic&trid=2303980 + Details
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