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Condensed Consolidated Statements of Comprehensive Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Earned premiums $ 877 $ 773 $ 1,716 $ 1,555
Investment income, net of expenses 132 132 263 263
Total realized investment gains, net 6 67 19 79
Fee revenues 2 1 3 2
Other revenues 3 2 5 5
Total revenues 1,020 975 2,006 1,904
BENEFITS AND EXPENSES        
Insurance losses and policyholder benefits 687 801 1,269 1,376
Underwriting, acquisition and insurance expenses 287 253 561 515
Interest expense 13 14 27 27
Other operating expenses 4 6 8 10
Total benefits and expenses 991 1,074 1,865 1,928
INCOME (LOSS) BEFORE INCOME TAXES 29 (99) 141 (24)
PROVISION (BENEFIT) FOR INCOME TAXES        
Current 6 (50) 26 (26)
Deferred (9) 1 (3) (9)
Provision (benefit) for income taxes (3) (49) 23 (35)
NET INCOME (LOSS) 32 (50) 118 11
PER COMMON SHARE        
Net income (loss)-basic $ 0.20 $ (0.31) $ 0.73 $ 0.07
Net income (loss)-diluted $ 0.20 $ (0.31) $ 0.72 $ 0.07
NET INCOME (LOSS) 32 (50) 118 11
OTHER COMPREHENSIVE INCOME (LOSS), BEFORE TAX        
Unrealized gains (losses) on investments available-for-sale (47) 142 194 284
Reclassification adjustment for (gains) included in net income (6) (67) (19) (79)
Unrealized (losses) on other (5) (2) (10) (1)
Unrealized gains (losses) on investments available-for-sale and other (58) 73 165 204
Amortization of pension actuarial loss and prior service cost 1 1 3 2
Less: amortization of pension prior service cost included in net income            
Defined benefit pension plan 1 1 3 2
Other comprehensive income (loss) before tax (57) 74 168 206
Income tax expense (benefit) related to items of other comprehensive income (20) 26 59 72
Other comprehensive income (loss), net of tax (37) 48 109 134
COMPREHENSIVE INCOME (LOSS) $ (5) $ (2) $ 227 $ 145