Segments Information (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Revenues and Income Before Income Tax of Each Operating Segment

Revenues and income before income tax of each operating segment were as follows:

	Periods Ended September 30
	Third Quarter						Nine Months
	2014			2013			2014			2013
	(in millions)
Revenues
Property and casualty insurance
Premiums earned
Personal insurance	$	1,118		$	1,060		$	3,296		$	3,141
Commercial insurance		1,338			1,321			3,943			3,928
Specialty insurance		663			648			1,972			1,959
Total insurance		3,119			3,029			9,211			9,028
Reinsurance assumed		—			(2	)		1			(2	)
		3,119			3,027			9,212			9,026
Investment income		338			352			1,034			1,076
Total property and casualty insurance		3,457			3,379			10,246			10,102
Corporate and other		7			6			25			34
Realized investment gains, net		110			18			351			335
Total revenues	$	3,574		$	3,403		$	10,622		$	10,471
Income (loss) before income tax
Property and casualty insurance
Underwriting
Personal insurance	$	141		$	108		$	188		$	333
Commercial insurance		151			215			333			534
Specialty insurance		133			108			355			299
Total insurance		425			431			876			1,166
Reinsurance assumed		—			—			1			10
		425			431			877			1,176
Increase in deferred policy acquisition costs		14			12			48			69
Underwriting income		439			443			925			1,245
Investment income		327			342			1,004			1,042
Other income (charges)		—			(3	)		(4	)		11
Total property and casualty insurance		766			782			1,925			2,298
Corporate and other		(58	)		(61	)		(177	)		(182	)
Realized investment gains, net		110			18			351			335
Total income before income tax	$	818		$	739		$	2,099		$	2,451