| | | | | | | Note 10 | Reinsurance and Indemnification |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Effects of reinsurance ceded and indemnification programs on property and casualty premiums earned and accident and health insurance premiums and contract charges | | ($ in millions) | | Three months ended June 30, | | Six months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Property and casualty insurance premiums earned | | $ | (608) | | | $ | (588) | | | $ | (1,151) | | | $ | (1,145) | | | Accident and health insurance premiums and contract charges | | (10) | | | (11) | | | (23) | | | (21) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Effects of reinsurance ceded and indemnification programs on property and casualty insurance claims and claims expense and accident, health and other policy benefits | | ($ in millions) | | Three months ended June 30, | | Six months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Property and casualty insurance claims and claims expense (1) | | $ | (141) | | | $ | (284) | | | $ | (1,826) | | | $ | (516) | | Accident, health and other policy benefits | | (9) | | | (8) | | | (28) | | | (14) | |
(1)2025 includes ceded losses related to the Nationwide Reinsurance Program for the California wildfires and March wind/hail events. Reinsurance and indemnification recoverables | | | | | | | | | | | | | | | | Reinsurance and indemnification recoverables, net | | ($ in millions) | | June 30, 2025 | | December 31, 2024 | | Property and casualty | | | | | | Paid and due from reinsurers and indemnitors | | $ | 317 | | | $ | 285 | | | Unpaid losses estimated (including IBNR) | | 9,285 | | | 8,602 | | | Total property and casualty | | $ | 9,602 | | | $ | 8,887 | | | | | | | | Accident and health insurance | | 43 | | | 37 | | | Total | | $ | 9,645 | | | $ | 8,924 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Rollforward of credit loss allowance for reinsurance recoverables | | ($ in millions) | | Three months ended June 30, | | Six months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Property and casualty (1) (2) | | | | | | | | | | Beginning balance | | $ | (63) | | | $ | (64) | | | $ | (63) | | | $ | (62) | | | Decrease (increase) in the provision for credit losses | | — | | | — | | | — | | | (2) | | | Write-offs | | — | | | — | | | — | | | — | | | Ending balance | | $ | (63) | | | $ | (64) | | | $ | (63) | | | $ | (64) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1)Primarily related to Run-off Property-Liability reinsurance ceded. (2)Indemnification recoverables are considered collectible based on the industry pool and facility enabling legislation.
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