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Business Acquisitions and Dispositions Level 3 (Tables)
 9 Months Ended
Sep. 30, 2016
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the fair value of the consideration transferred at the acquisition date.
Fair value of consideration transferred
 
Cash
$
19

Contingent consideration
23

Total
$
42


The following table summarizes the fair value of assets acquired and liabilities assumed at the acquisition date.
 
As of
July 29, 2016
Assets
 
Intangible assets [1]
$
11

Other assets (including cash of $1)
2

Total assets acquired
13

Liabilities
 
Total liabilities assumed
1

Net identifiable assets acquired
12

Goodwill [2]
30

Net assets acquired
$
42

[1]
Comprised of an indefinite lived intangible asset of $10 related to customer relationships and $1 of other intangibles, which are amortizable over 5 to 8 years.
[2]
Deductible for federal income tax purposes.
The following table summarizes the fair value of the consideration transferred at the acquisition date.
Fair value of consideration transferred
 
Cash
$
19

Contingent consideration
23

Total
$
42

The following table summarizes the fair value of assets acquired and liabilities assumed at the acquisition date.
 
As of
July 29, 2016
Assets
 
Cash and investments (including cash of $12)
$
274

Reinsurance recoverables
113

Intangible assets [1]
11

Other assets
80

Total assets acquired
478

Liabilities
 
Unpaid losses
235

Unearned premiums
77

Other liabilities
34

Total liabilities assumed
346

Net identifiable assets acquired
132

Goodwill [2]
37

Net assets acquired
$
169
Disposal Groups, Including Discontinued Operations [Table Text Block]
The carrying values of the assets and liabilities to be transferred by the Company to the buyer in connection with the sale are as follows:
 
As of September 30, 2016
Assets
 
Cash and investments
$
695

Reinsurance recoverables [1]
226

Total assets held for sale
921

Liabilities


Reserve for future policy benefits and unpaid loss and loss adjustment expenses
638

Other liabilities
15

Total liabilities held for sale
$
653

[1]
Includes intercompany reinsurance recoverables of $58 to be settled in cash or securities prior to closing.