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Segments of Operations - Revenues by segment and sub-segment (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Segment Reporting Information [Line Items]    
Total premiums earned $ 1,209 $ 1,173
Net investment income 544 [1] 542
Other income 57 56
Revenues before realized gains (losses) 1,826 1,840
Realized gains (losses) on securities (551) 184
Total revenues 1,275 2,024
Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 1,209 1,173
Net investment income 93 [2] 104
Other income 5 3
Revenues before realized gains (losses) 1,307 1,280
Annuity    
Segment Reporting Information [Line Items]    
Net investment income 422 435
Other income 35 28
Revenues before realized gains (losses) 457 463
Other    
Segment Reporting Information [Line Items]    
Revenues before realized gains (losses) 62 97
Specialty Property and transportation | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 386 361
Specialty casualty | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 556 629
Specialty financial | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 156 146
Other specialty | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned 40 37
Other lines | Property and Casualty Insurance    
Segment Reporting Information [Line Items]    
Total premiums earned $ 71 [3] $ 0
[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]
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.