XML 16 R37.htm IDEA: XBRL DOCUMENT v3.20.1
Segments of Operations - Narrative (Details)
$ in Millions
3 Months Ended
Mar. 31, 2020
USD ($)
segment
Mar. 31, 2019
USD ($)
Segment Reporting Information [Line Items]    
Number of segments | segment 3  
Total premiums earned $ 1,209 $ 1,173
Net investment income 544 [1] 542
Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 1,209 1,173
Net investment income 93 [2] 104
Property and casualty insurance underwriting 87 87
Investment and other income, net 84 [3] 95
Other lines | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 71 [4] 0
Property and casualty insurance underwriting (2) [5] (1)
Neon Capital Limited    
Segment Reporting Information [Line Items]    
Net investment income (6)  
Neon Capital Limited | Other lines | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned   88
Net investment income (6)  
Property and casualty insurance underwriting (1) $ 10
Investment and other income, net $ (9)  
[1]
Net investment income in the first three months of 2020 includes a loss of $6 million on investments held by the companies that comprise the Neon exited lines due primarily to the $7 million loss recorded on equity securities that are carried at fair value through net investment income.
[2]
Includes a net loss of $6 million in the Neon exited lines, primarily from the change in fair value of equity securities.
[3] Includes $9 million in net expenses from the Neon exited lines, before noncontrolling interest.
[4]
Represents premiums earned in the Neon exited lines during the first three months of 2020. Neon’s $88 million in earned premiums during the first three months of 2019 are included in the Specialty casualty sub-segment.
[5]
Includes a $1 million underwriting loss in the first three months of 2020 in the Neon exited lines. Neon’s $10 million underwriting loss in the first three months of 2019 is included in the Specialty casualty sub-segment.