Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment Information

Segment information is summarized in the following table: 

(Dollars in millions)	Three months ended March 31,
	2019			2018
Revenues:
Commercial lines insurance
Commercial casualty	$	268		$	265
Commercial property	234			228
Commercial auto	170			161
Workers' compensation	77			80
Other commercial	61			56
Commercial lines insurance premiums	810			790
Fee revenues	1			2
Total commercial lines insurance	811			792
Personal lines insurance
Personal auto	155			151
Homeowner	147			136
Other personal	42			38
Personal lines insurance premiums	344			325
Fee revenues	1			1
Total personal lines insurance	345			326
Excess and surplus lines insurance	63			56
Fee revenues	1			—
Total excess and surplus lines insurance	64			56
Life insurance premiums	66			60
Fee revenues	1			1
Total life insurance	67			61
Investments
Investment income, net of expenses	157			150
Investment gains and losses, net	663			(191		)
Total investment revenue	820			(41		)
Other
Earned premiums	50			29
Other	2			1
Total other revenues	52			30
Total revenues	$	2,159		$	1,224
Income (loss) before income taxes:
Insurance underwriting results
Commercial lines insurance	$	76		$	15
Personal lines insurance	(4		)	(9		)
Excess and surplus lines insurance	11			18
Life insurance	(1		)	2
Investments	796			(65		)
Other	(11		)	(11		)
	$	867		$	(50	)

Identifiable assets:	March 31, 2019		December 31, 2018
Property casualty insurance	$	3,308	$	3,285
Life insurance	1,472		1,424
Investments	17,738		16,741
Other	834		485
Total	$	23,352	$	21,935