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Property Casualty Loss And Loss Expenses (Tables)
12 Months Ended
Dec. 31, 2012
Property Casualty Loss And Loss Expenses [Abstract]  
Consolidated Property Casualty Loss And Loss Expense Reserves

 

 

 

 

 

 

 

 

(In millions)

Years ended December 31,

 

 

2012

 

2011

 

2010

Gross loss and loss expense reserves, January 1

$

4,280 

$

4,137 

$

4,096 

 Less reinsurance receivable

 

375 

 

326 

 

435 

Net loss and loss expense reserves, January 1

 

3,905 

 

3,811 

 

3,661 

Net incurred loss and loss expenses related to:

 

 

 

 

 

 

 Current accident year

 

2,533 

 

2,620 

 

2,319 

 Prior accident years

 

(396)

 

(285)

 

(304)

     Total incurred

 

2,137 

 

2,335 

 

2,015 

Net paid loss and loss expenses related to:

 

 

 

 

 

 

 Current accident year

 

1,123 

 

1,206 

 

939 

 Prior accident years

 

1,106 

 

1,035 

 

926 

     Total paid

 

2,229 

 

2,241 

 

1,865 

 

 

 

 

 

 

 

Net loss and loss expense reserves, December 31

 

3,813 

 

3,905 

 

3,811 

 Plus reinsurance receivable

 

356 

 

375 

 

326 

Gross loss and loss expense reserves, December 31

$

4,169 

$

4,280 

$

4,137