Business Segments (Tables)

12 Months Ended

Dec. 31, 2012

Business Segments [Abstract]

Significant components of the Company's continuing operations and selected balance sheet items

Year ended December 31, 2012	CNA Specialty			CNA Commercial			Hardy (b)			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)																Eliminations			Total
Net written premiums (a)	$	2,924		$	3,373		$	117		$	553		$	(1	)	$	(2	)	$	6,964
Operating revenues
Net earned premiums	$	2,898		$	3,306		$	120		$	560		$	—		$	(2	)	$	6,882
Net investment income	592			854			3			801			32			—			2,282
Other revenues	230			40			1			34			16			(1		)	320
Total operating revenues	3,720			4,200			124			1,395			48			(3		)	9,484
Claims, Benefits and Expenses
Net incurred claims and benefits	1,831			2,574			72			1,406			(16		)	—			5,867
Policyholders’ dividends	2			11			—			16			—			—			29
Amortization of deferred acquisition costs	614			588			44			28			—			—			1,274
Other insurance related expenses	301			578			25			144			3			(2		)	1,049
Other expenses	206			36			9			23			183			(1		)	456
Total claims, benefits and expenses	2,954			3,787			150			1,617			170			(3		)	8,675
Operating income (loss) from continuing operations before income tax	766			413			(26		)	(222		)	(122		)	—			809
Income tax (expense) benefit on operating income (loss)	(262		)	(136		)	3			132			41			—			(222		)
Net operating income (loss) from continuing operations attributable to CNA	504			277			(23		)	(90		)	(81		)	—			587
Net realized investment gains (losses), net of participating policyholders’ interests	22			38			(1		)	—			4			—			63
Income tax (expense) benefit on net realized investment gains (losses)	(9		)	(11		)	—			—			(2		)	—			(22		)
Net realized investment gains (losses) attributable to CNA	13			27			(1		)	—			2			—			41
Net income (loss) from continuing operations attributable to CNA	$	517		$	304		$	(24	)	$	(90	)	$	(79	)	$	—		$	628

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(a) Related to business in property and casualty companies only.

(b) Included from date of acquisition.

December 31, 2012
(In millions)
Reinsurance receivables	$	665	$	1,155	$	294	$	1,273	$	2,844	$	—	$	6,231
Insurance receivables	$	673	$	1,116	$	181	$	9	$	4	$	—	$	1,983
Deferred acquisition costs	$	300	$	269	$	29	$	—	$	—	$	—	$	598
Goodwill	$	117	$	—	$	37	$	—	$	—	$	—	$	154
Insurance reserves
Claim and claim adjustment expenses	$	6,748	$	11,326	$	521	$	3,006	$	3,162	$	—	$	24,763
Unearned premiums	1,685		1,569		222		134		—		—		3,610
Future policy benefits	—		—		—		11,475		—		—		11,475
Policyholders’ funds	8		15		—		134		—		—		157

Year ended December 31, 2011	CNA Specialty			CNA Commercial			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)													Eliminations			Total
Net written premiums (a)	$	2,872		$	3,350		$	577		$	2		$	(3	)	$	6,798
Operating revenues
Net earned premiums	$	2,796		$	3,240		$	569		$	1		$	(3	)	$	6,603
Net investment income	500			763			759			32			—			2,054
Other revenues	221			54			13			6			—			294
Total operating revenues	3,517			4,057			1,341			39			(3		)	8,951
Claims, Benefits and Expenses
Net incurred claims and benefits	1,657			2,296			1,526			(3		)	—			5,476
Policyholders’ dividends	(3		)	8			8			—			—			13
Amortization of deferred acquisition costs	568			585			23			—			—			1,176
Other insurance related expenses	294			540			143			6			(3		)	980
Other expenses	191			53			19			170			—			433
Total claims, benefits and expenses	2,707			3,482			1,719			173			(3		)	8,078
Operating income (loss) from continuing operations before income tax	810			575			(378		)	(134		)	—			873
Income tax (expense) benefit on operating income (loss)	(281		)	(204		)	170			68			—			(247		)
Net operating (income) loss, after-tax, attributable to noncontrolling interests	(12		)	(4		)	—			—			—			(16		)
Net operating income (loss) from continuing operations attributable to CNA	517			367			(208		)	(66		)	—			610
Net realized investment gains (losses), net of participating policyholders’ interests	(5		)	16			(7		)	(6		)	—			(2		)
Income tax (expense) benefit on net realized investment gains (losses)	2			(2		)	2			3			—			5
Net realized investment gains (losses) attributable to CNA	(3		)	14			(5		)	(3		)	—			3
Net income (loss) from continuing operations attributable to CNA	$	514		$	381		$	(213	)	$	(69	)	$	—		$	613

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(a) Related to business in property and casualty companies only.

December 31, 2011
(In millions)
Reinsurance receivables	$	852	$	1,188	$	1,375	$	2,677	$	—	$	6,092
Insurance receivables	$	670	$	1,047	$	8	$	1	$	—	$	1,726
Deferred acquisition costs	$	300	$	252	$	—	$	—	$	—	$	552
Goodwill	$	123	$	—	$	—	$	—	$	—	$	123
Insurance reserves
Claim and claim adjustment expenses	$	6,840	$	11,509	$	2,825	$	3,129	$	—	$	24,303
Unearned premiums	1,629		1,480		141		—		—		3,250
Future policy benefits	—		—		9,810		—		—		9,810
Policyholders’ funds	15		10		166		—		—		191

Year ended December 31, 2010	CNA Specialty			CNA Commercial			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)													Eliminations			Total
Net written premiums (a)	$	2,691		$	3,208		$	573		$	2		$	(3	)	$	6,471
Operating revenues
Net earned premiums	$	2,679		$	3,256		$	582		$	1		$	(3	)	$	6,515
Net investment income	591			873			715			137			—			2,316
Other revenues	216			61			7			8			—			292
Total operating revenues	3,486			4,190			1,304			146			(3		)	9,123
Claims, Benefits and Expenses
Net incurred claims and benefits	1,447			2,175			1,275			58			—			4,955
Policyholders’ dividends	12			14			4			—			—			30
Amortization of deferred acquisition costs	545			600			23			—			—			1,168
Other insurance related expenses	276			553			180			10			(3		)	1,016
Other expenses	190			55			2			681			—			928
Total claims, benefits and expenses	2,470			3,397			1,484			749			(3		)	8,097
Operating income (loss) from continuing operations before income tax	1,016			793			(180		)	(603		)	—			1,026
Income tax (expense) benefit on operating income (loss)	(341		)	(262		)	91			216			—			(296		)
Net operating (income) loss, after-tax, attributable to noncontrolling interests	(52		)	(17		)	—			—			—			(69		)
Net operating income (loss) from continuing operations attributable to CNA	623			514			(89		)	(387		)	—			661
Net realized investment gains (losses), net of participating policyholders’ interests	30			(15		)	53			18			—			86
Income tax (expense) benefit on net realized investment gains (losses)	(10		)	(1		)	(20		)	(5		)	—			(36		)
Net realized investment (gains) losses, after-tax, attributable to noncontrolling interests	—			1			—			—			—			1
Net realized investment gains (losses) attributable to CNA	20			(15		)	33			13			—			51
Net income (loss) from continuing operations attributable to CNA	$	643		$	499		$	(56	)	$	(374	)	$	—		$	712

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(a) Related to business in property and casualty companies only.

Revenues by line of business

Revenues by Line of Business

Years ended December 31
(In millions)	2012			2011			2010
CNA Specialty
International	$	220		$	210		$	199
Professional & Management Liability	2,723			2,541			2,551
Surety	485			472			475
Warranty & Alternative Risks	314			289			291
CNA Specialty revenues	3,742			3,512			3,516
CNA Commercial
CNA Select Risk	272			272			261
Commercial Insurance	2,928			2,681			2,851
International	369			539			499
Small Business	669			581			564
CNA Commercial revenues	4,238			4,073			4,175
Hardy Revenues	123
Life & Group Non-Core
Health	1,120			1,093			1,100
Life & Annuity	239			229			249
Other	36			12			8
Life & Group Non-Core revenues	1,395			1,334			1,357
Corporate & Other Non-Core revenues	52			33			164
Eliminations	(3		)	(3		)	(3		)
Total revenues	$	9,547		$	8,949		$	9,209