XML 124 R112.htm IDEA: XBRL DOCUMENT v3.22.4
Supplementary Information Concerning Property Casualty Insurance Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs $ 682 $ 602 $ 542
Reserves for unpaid claims and claim adjustment expenses 8,336 7,229 6,677
Unearned premiums 3,688 3,270 2,959
Earned premiums 6,924 6,184 5,691
Investment income 509 457 431
Loss and loss expenses incurred related to current accident year 4,875 4,024 3,968
Prior year claims and claims adjustments expense, (favorable) and unfavorable (159) (428) (131)
Amortization of deferred policy acquisition cost 1,303 1,151 1,057
Paid loss and loss expenses 3,687 3,094 3,183
Net written premiums 7,307 6,479 5,864
Commercial Insurance      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 372 345 317
Reserves for unpaid claims and claim adjustment expenses 5,568 5,007 4,881
Unearned premiums 2,021 1,857 1,714
Earned premiums 4,024 3,674 3,476
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 2,837 2,293 2,431
Prior year claims and claims adjustments expense, (favorable) and unfavorable (76) (353) (95)
Amortization of deferred policy acquisition cost 769 703 664
Paid loss and loss expenses 2,211 1,806 1,969
Net written premiums 4,159 3,811 3,534
Personal Insurance      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 168 145 136
Reserves for unpaid claims and claim adjustment expenses 916 814 739
Unearned premiums 994 850 797
Earned premiums 1,689 1,542 1,463
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 1,227 1,042 995
Prior year claims and claims adjustments expense, (favorable) and unfavorable (61) (50) (18)
Amortization of deferred policy acquisition cost 311 276 256
Paid loss and loss expenses 1,071 914 921
Net written premiums 1,831 1,594 1,503
Excess and Surplus Lines Insurance      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 37 33 28
Reserves for unpaid claims and claim adjustment expenses 753 577 446
Unearned premiums 236 207 175
Earned premiums 485 398 325
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 324 243 192
Prior year claims and claims adjustments expense, (favorable) and unfavorable (9) 7 7
Amortization of deferred policy acquisition cost 79 63 51
Paid loss and loss expenses 145 118 112
Net written premiums 502 426 348
Reinsurance assumed and other non segment      
Property Casualty Insurance Underwriters      
Deferred policy acquisition costs 105 79 61
Reserves for unpaid claims and claim adjustment expenses 1,099 831 611
Unearned premiums 437 356 273
Earned premiums 726 570 427
Investment income 0 0 0
Loss and loss expenses incurred related to current accident year 487 446 350
Prior year claims and claims adjustments expense, (favorable) and unfavorable (13) (32) (25)
Amortization of deferred policy acquisition cost 144 109 86
Paid loss and loss expenses 260 256 181
Net written premiums $ 815 $ 648 $ 479