XML 130 R114.htm IDEA: XBRL DOCUMENT v3.20.4
Supplementary Information Concerning Property Casualty Insurance Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs $ 542 $ 512 $ 464
Reserves for unpaid claims and claim adjustment expenses 6,677 6,088 5,646
Unearned premiums 2,959 2,787 2,515
Earned premiums 5,691 5,334 4,920
Investment income 431 419 401
Loss and loss expenses incurred related to current accident year 3,968 3,600 3,390
Prior year claims and claims adjustments expense, (favorable) and unfavorable (131) (248) (167)
Amortization of deferred policy acquisition cost 1,057 986 907
Paid loss and loss expenses 3,183 3,260 2,847
Net written premiums 5,864 5,516 5,030
Commercial Insurance      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 317 311 291
Reserves for unpaid claims and claim adjustment expenses 4,881 4,569 4,466
Unearned premiums 1,714 1,665 1,576
Earned premiums 3,476 3,319 3,218
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 2,431 2,222 2,206
Prior year claims and claims adjustments expense, (favorable) and unfavorable (95) (192) (157)
Amortization of deferred policy acquisition cost 664 631 608
Paid loss and loss expenses 1,969 2,023 1,816
Net written premiums 3,534 3,410 3,245
Personal Insurance      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 136 130 126
Reserves for unpaid claims and claim adjustment expenses 739 687 679
Unearned premiums 797 757 725
Earned premiums 1,463 1,404 1,336
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 995 1,012 960
Prior year claims and claims adjustments expense, (favorable) and unfavorable (18) (27) 13
Amortization of deferred policy acquisition cost 256 251 242
Paid loss and loss expenses 921 966 913
Net written premiums 1,503 1,435 1,378
Excess and Surplus Lines Insurance      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 28 25 21
Reserves for unpaid claims and claim adjustment expenses 446 351 298
Unearned premiums 175 152 123
Earned premiums 325 278 234
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 192 153 128
Prior year claims and claims adjustments expense, (favorable) and unfavorable 7 (11) (24)
Amortization of deferred policy acquisition cost 51 47 39
Paid loss and loss expenses 112 90 74
Net written premiums 348 303 249
Reinsurance assumed and other non segment      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 61 46 26
Reserves for unpaid claims and claim adjustment expenses 611 481 203
Unearned premiums 273 213 91
Earned premiums 427 333 132
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 350 213 96
Prior year claims and claims adjustments expense, (favorable) and unfavorable (25) (18) 1
Amortization of deferred policy acquisition cost 86 57 18
Paid loss and loss expenses 181 181 44
Net written premiums $ 479 $ 368 $ 158