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Property Casualty Loss and Loss Expenses (Tables)
9 Months Ended
Sep. 30, 2013
Premiums Written, Net [Abstract]  
Consolidated Property Casualty Loss And Loss Expense Reserves
This table summarizes activity for our consolidated property casualty loss and loss expense reserves:
 
(In millions)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2013
 
2012
 
2013
 
2012
Gross loss and loss expense reserves,
  beginning of period
 
$
4,219

 
$
4,337

 
$
4,169

 
$
4,280

Less reinsurance receivable
 
333

 
332

 
356

 
375

Net loss and loss expense reserves,
  beginning of period
 
3,886

 
4,005

 
3,813

 
3,905

Net incurred loss and loss expenses related to:
 
 

 
 

 
 

 
 

Current accident year
 
631

 
611

 
1,840

 
1,991

Prior accident years
 
(38
)
 
(86
)
 
(140
)
 
(287
)
Total incurred
 
593

 
525

 
1,700

 
1,704

Net paid loss and loss expenses related to:
 
 

 
 

 
 

 
 

Current accident year
 
329

 
364

 
699

 
778

Prior accident years
 
233

 
229

 
897

 
894

Total paid
 
562

 
593

 
1,596

 
1,672

Net loss and loss expense reserves,
  end of period
 
3,917

 
3,937

 
3,917

 
3,937

Plus reinsurance receivable
 
321

 
343

 
321

 
343

Gross loss and loss expense reserves,
  end of period
 
$
4,238

 
$
4,280

 
$
4,238

 
$
4,280