XML 97 R89.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Unpaid losses and loss adjustment expenses - Reconciliation of changes in claim liabilities (Detail) - Property and Casualty Insurance and Reinsurance, Excluding Retroactive Reinsurance [Member] - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Liability for Claims and Claims Adjustment Expense [Line Items]    
Gross liabilities at the beginning of the year $ 111,082 $ 107,472
Reinsurance recoverable on unpaid losses at the beginning of the year (4,893) (5,025)
Net liabilities at the beginning of the year 106,189 102,447
Incurred losses and loss adjustment expenses, current accident year 13,854 14,776
Incurred losses and loss adjustment expenses, prior accident years (634) (740)
Total incurred losses and loss adjustment expenses 13,220 14,036
Paid losses and loss adjustment expenses, current accident year (3,663) (3,841)
Paid losses and loss adjustment expenses, prior accident years (8,979) (9,747)
Total paid losses and loss adjustment expenses (12,642) (13,588)
Foreign currency effect (76) 93
Net liabilities at end of period 106,691 102,988
Reinsurance recoverable on unpaid losses at end of period 4,791 4,969
Gross liabilities at end of period $ 111,482 $ 107,957