Income Taxes (Tables)

3 Months Ended

Mar. 31, 2015

Income Tax Disclosure [Abstract]

Effective Tax Rate Reconciliation

Effective Tax Rate Reconciliation

	First Quarter
	2015			2014
	(in millions)
Expected tax provision (benefit) at statutory rates in taxable jurisdictions	$	77		$	38
Tax-exempt interest	(14		)	(14		)
Change in liability for uncertain tax positions	1			1
Other	1			2
Total provision (benefit) for income taxes	$	65		$	27
Effective tax rate	24.2		%	38.8		%

Pretax Income (Loss) by Tax Jurisdiction

Pretax Income (Loss) by Tax Jurisdiction

	First Quarter
	2015			2014
	(in millions)
United States	$	223		$	113
Bermuda	50			(37		)
U.K.	(7		)	(7		)
Total	$	266		$	69

Revenue by Tax Jurisdiction

Revenue by Tax Jurisdiction

	First Quarter
	2015			2014
	(in millions)
United States	$	300		$	195
Bermuda	73			1
U.K.	(4		)	(1		)
Total	$	369		$	195