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Insurance (Tables)
 9 Months Ended
Sep. 30, 2019
Insurance [Abstract]  
Reconciliation of beginning and ending liability for unpaid losses and loss adjustment expenses The following table provides an analysis of changes in the liability for losses and loss adjustment expenses during the first nine months of 2019 and 2018 (in millions):
 
Nine months ended September 30,
 
2019
 
2018
Balance at beginning of year
$
9,741

 
$
9,678

Less reinsurance recoverables, net of allowance
2,942

 
2,957

Net liability at beginning of year
6,799

 
6,721

Provision for losses and LAE occurring in the current period
2,457

 
2,337

Net increase (decrease) in the provision for claims of prior years:
 
 
 
Special A&E charges
18

 
18

Other
(116
)
 
(149
)
Total losses and LAE incurred
2,359

 
2,206

Payments for losses and LAE of:
 
 
 
Current year
(731
)
 
(569
)
Prior years
(1,408
)
 
(1,313
)
Total payments
(2,139
)
 
(1,882
)
Reserves of business disposed (*)
—

 
(319
)
Foreign currency translation and other
(5
)
 
(4
)
Net liability at end of period
7,014

 
6,722

Add back reinsurance recoverables, net of allowance
2,833

 
2,948

Gross unpaid losses and LAE included in the balance sheet at end of period
$
9,847

 
$
9,670


(*)
Reflects the reinsurance to close transaction at Neon discussed below.