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Segments Information (Tables)
3 Months Ended
Mar. 31, 2015
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:

 

     Three Months Ended March 31  
     2015     2014  
     (in millions)  

Revenues

    

Property and casualty insurance

    

Premiums earned

    

Personal insurance

   $ 1,113      $ 1,076   

Commercial insurance

     1,342        1,300   

Specialty insurance

     650        653   
  

 

 

   

 

 

 

Total insurance

     3,105        3,029   

Investment income

     332        351   
  

 

 

   

 

 

 

Total property and casualty insurance

     3,437        3,380   

Corporate and other

     9        10   

Realized investment gains, net

     11        116   
  

 

 

   

 

 

 

Total revenues

   $ 3,457      $ 3,506   
  

 

 

   

 

 

 

Income (loss) before income tax

    

Property and casualty insurance

    

Underwriting

    

Personal insurance

   $ (30   $ 2   

Commercial insurance

     91        111   

Specialty insurance

     127        82   
  

 

 

   

 

 

 

Total insurance

     188        195   

Increase in deferred policy acquisition costs

     17        13   
  

 

 

   

 

 

 

Underwriting income

     205        208   

Investment income

     321        341   

Other income (charges)

     7        (2
  

 

 

   

 

 

 

Total property and casualty insurance

     533        547   

Corporate and other

     (62     (60

Realized investment gains, net

     11        116   
  

 

 

   

 

 

 

Total income before income tax

   $ 482      $ 603