The following table displays the impact of the Loss Portfolio Transfer on the Consolidated Statements of Income.
| Year Ended December 31 | 2013 | 2012 | 2011 | |||||||||
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| (In millions) | ||||||||||||
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Net A&EP adverse development before consideration of LPT |
$ | 363 | $ | 261 | $ | 84 | ||||||
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Provision for uncollectible third party reinsurance on A&EP |
140 | |||||||||||
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Additional amounts ceded under LPT |
503 | 261 | 84 | |||||||||
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Retroactive reinsurance benefit recognized |
(314 | ) | (261 | ) | (84) | |||||||
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Pretax impact of unrecognized deferred retroactive reinsurance benefit |
$ | 189 | $ | - | $ | - | ||||||
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