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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2011
Reinsurance [Abstract]  
Components of Reinsurance Receivables
Components of Reinsurance Receivables
December 31
 
 
 
(In millions)
2011
 
2010
Reinsurance receivables related to insurance reserves:
 
 
 
Ceded claim and claim adjustment expenses
$
5,020

 
$
6,122

Ceded future policy benefits
792

 
822

Ceded policyholders' funds
36

 
37

Reinsurance receivables related to paid losses
244

 
223

Reinsurance receivables
6,092

 
7,204

Allowance for uncollectible reinsurance
(91
)
 
(125
)
Reinsurance receivables, net of allowance for uncollectible reinsurance
$
6,001

 
$
7,079
Components of Earned and Written Premiums
The effects of reinsurance on earned premiums and written premiums for the years ended December 31, 2011, 2010 and 2009 are shown in the following tables.
Components of Earned Premiums
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
 
Assumed/
Net %
2011 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,858

 
$
95

 
$
1,919

 
$
6,034

 
1.6
%
Accident and health
521

 
50

 
2

 
569

 
8.8
%
Life
55

 
—

 
55

 
—

 
—

Total earned premiums
$
8,434

 
$
145

 
$
1,976

 
$
6,603

 
2.2
%
 
 
 
 
 
 
 
 
 
 
2010 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,716

 
$
66

 
$
1,849

 
$
5,933

 
1.1
%
Accident and health
534

 
49

 
2

 
581

 
8.4
%
Life
60

 
—

 
59

 
1

 
—

Total earned premiums
$
8,310

 
$
115

 
$
1,910

 
$
6,515

 
1.8
%
 
 
 
 
 
 
 
 
 
 
2009 Earned Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
8,028

 
$
67

 
$
1,968

 
$
6,127

 
1.1
%
Accident and health
550

 
51

 
7

 
594

 
8.6
%
Life
84

 
—

 
84

 
—

 
—

Total earned premiums
$
8,662

 
$
118

 
$
2,059

 
$
6,721

 
1.8
%
Components of Written Premiums
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
 
Assumed/
Net %
2011 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,976

 
$
102

 
$
1,857

 
$
6,221

 
1.6
%
Accident and health
529

 
50

 
2

 
577

 
8.7
%
Life
55

 
—

 
55

 
—

 
—

Total written premiums
$
8,560

 
$
152

 
$
1,914

 
$
6,798

 
2.2
%
 
 
 
 
 
 
 
 
 
 
2010 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,673

 
$
77

 
$
1,853

 
$
5,897

 
1.3
%
Accident and health
527

 
48

 
2

 
573

 
8.4
%
Life
60

 
—

 
59

 
1

 
—

Total written premiums
$
8,260

 
$
125

 
$
1,914

 
$
6,471

 
1.9
%
 
 
 
 
 
 
 
 
 
 
2009 Written Premiums
 
 
 
 
 
 
 
 
 
Property and casualty
$
7,981

 
$
66

 
$
1,916

 
$
6,131

 
1.1
%
Accident and health
539

 
50

 
6

 
583

 
8.6
%
Life
83

 
—

 
83

 
—

 
—

Total written premiums
$
8,603

 
$
116

 
$
2,005

 
$
6,714

 
1.7
%
Components of Life Insurance Inforce
Components of Life Insurance Inforce
(In millions)
Direct
 
Assumed
 
Ceded
 
Net
2011
$
6,528

 
$
—

 
$
6,515

 
$
13

2010
8,015

 
—

 
8,001

 
14

2009
9,159

 
—

 
9,144

 
15