Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2012

Condensed consolidated balance sheets

Effect of Adopting ASU 2010-26 in Financial Statement

The following table illustrates the effect of adopting ASU 2010-26 in the condensed consolidated balance sheets:

(In millions, except per share amounts)	March 31,		December 31,
	2012		2011
			As Reported		As Adjusted		Difference
Deferred policy acquisition costs	$	483	$	510	$	477	$	(33	)
Total assets		16,022		15,668		15,635		(33	)
Deferred income tax		388		314		303		(11	)
Shareholders' equity		5,207		5,055		5,033		(22	)

Condensed consolidated statements of comprehensive income

Effect of Adopting ASU 2010-26 in Financial Statement

The following table illustrates the effect of adopting ASU 2010-26 in the condensed consolidated statements of comprehensive income:

(In millions, except per share amounts)	Three months ended March 31,
	2012		2011
			As Reported		As Adjusted		Difference
Underwriting, acquisition and insurance expenses	$	274	$	261	$	262	$	1
Net income		86		62		61		(1	)
Net income per share:
Basic	$	0.53	$	0.38	$	0.38	$	0.00
Diluted		0.53		0.38		0.38		0.00