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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Assets    
Short Term Investments $ 1,220us-gaap_OtherShortTermInvestments $ 1,318us-gaap_OtherShortTermInvestments
Fixed Maturities (cost $36,483 and $36,958) 38,457us-gaap_AvailableForSaleSecuritiesDebtSecurities 38,780us-gaap_AvailableForSaleSecuritiesDebtSecurities
Equity Securities (cost $1,074 and $1,089) 1,964us-gaap_AvailableForSaleSecuritiesEquitySecurities 1,964us-gaap_AvailableForSaleSecuritiesEquitySecurities
Other Invested Assets 1,408cb_OtherInvestedAssets 1,423cb_OtherInvestedAssets
TOTAL INVESTED ASSETS 43,049us-gaap_Investments 43,485us-gaap_Investments
Cash 52us-gaap_Cash 47us-gaap_Cash
Accrued Investment Income 406us-gaap_AccruedInvestmentIncomeReceivable 410us-gaap_AccruedInvestmentIncomeReceivable
Premiums Receivable 2,434us-gaap_PremiumsReceivableAtCarryingValue 2,560us-gaap_PremiumsReceivableAtCarryingValue
Reinsurance Recoverable on Unpaid Losses and Loss Expenses 1,583us-gaap_ReinsuranceRecoverables 1,639us-gaap_ReinsuranceRecoverables
Prepaid Reinsurance Premiums 249us-gaap_PrepaidReinsurancePremiums 256us-gaap_PrepaidReinsurancePremiums
Deferred Policy Acquisition Costs 1,280us-gaap_DeferredPolicyAcquisitionCosts 1,284us-gaap_DeferredPolicyAcquisitionCosts
Goodwill 467us-gaap_Goodwill 467us-gaap_Goodwill
Other Assets 1,332us-gaap_OtherAssets 1,138us-gaap_OtherAssets
TOTAL ASSETS 50,852us-gaap_Assets 51,286us-gaap_Assets
Liabilities    
Unpaid Losses and Loss Expenses 22,515us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability 22,678us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
Unearned Premiums 6,463us-gaap_UnearnedPremiums 6,581us-gaap_UnearnedPremiums
Long Term Debt 3,300us-gaap_LongTermDebt 3,300us-gaap_LongTermDebt
Dividend Payable to Shareholders 133us-gaap_DividendsPayableCurrentAndNoncurrent 117us-gaap_DividendsPayableCurrentAndNoncurrent
Deferred Income Tax 50us-gaap_DeferredTaxLiabilities 15us-gaap_DeferredTaxLiabilities
Accrued Expenses and Other Liabilities 2,229us-gaap_OtherLiabilities 2,299us-gaap_OtherLiabilities
TOTAL LIABILITIES 34,690us-gaap_Liabilities 34,990us-gaap_Liabilities
Shareholders' Equity    
Common Stock - $1 Par Value; 371,980,460 Shares 372us-gaap_CommonStockValue 372us-gaap_CommonStockValue
Paid-In Surplus 135us-gaap_AdditionalPaidInCapitalCommonStock 171us-gaap_AdditionalPaidInCapitalCommonStock
Retained Earnings 23,762us-gaap_RetainedEarningsAccumulatedDeficit 23,520us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated Other Comprehensive Income 1,060us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 1,110us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury Stock, at Cost - 142,227,768 and 139,551,071 Shares (9,167)us-gaap_TreasuryStockValue (8,877)us-gaap_TreasuryStockValue
TOTAL SHAREHOLDERS' EQUITY 16,162us-gaap_StockholdersEquity 16,296us-gaap_StockholdersEquity
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 50,852us-gaap_LiabilitiesAndStockholdersEquity $ 51,286us-gaap_LiabilitiesAndStockholdersEquity