Business Segments (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

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

Three months ended June 30, 2013	CNA Specialty			CNA Commercial			Hardy			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)																Eliminations			Total
Operating revenues
Net earned premiums	$	746		$	840		$	76		$	138		$	—		$	—		$	1,800
Net investment income	151			211			1			207			8			—			578
Other revenues	63			65			(1		)	1			2			(1		)	129
Total operating revenues	960			1,116			76			346			10			(1		)	2,507
Claims, Benefits and Expenses
Net incurred claims and benefits	452			644			41			380			(2		)	—			1,515
Policyholders’ dividends	1			2			—			3			—			—			6
Amortization of deferred acquisition costs	156			153			20			6			—			—			335
Other insurance related expenses	65			142			13			33			—			—			253
Other expenses	60			2			6			2			39			(1		)	108
Total claims, benefits and expenses	734			943			80			424			37			(1		)	2,217
Operating income (loss) before income tax	226			173			(4		)	(78		)	(27		)	—			290
Income tax (expense) benefit on operating income (loss)	(78		)	(61		)	2			42			9			—			(86		)
Net operating income (loss)	148			112			(2		)	(36		)	(18		)	—			204
Net realized investment gains (losses), pre-tax	(6		)	(12		)	1			—			3			—			(14		)
Income tax (expense) benefit on net realized investment gains (losses)	2			4			(1		)	—			(1		)	—			4
Net realized investment gains (losses)	(4		)	(8		)	—			—			2			—			(10		)
Net income (loss)	$	144		$	104		$	(2	)	$	(36	)	$	(16	)	$	—		$	194

Three months ended June 30, 2012	CNA Specialty			CNA Commercial			Hardy	Life & Group Non-Core			Corporate & Other Non-Core
(In millions)														Eliminations			Total
Operating revenues
Net earned premiums	$	719		$	809			$	139		$	2		$	(1	)	$	1,668
Net investment income	112			151				201			6			—			470
Other revenues	57			11				16			2			—			86
Total operating revenues	888			971				356			10			(1		)	2,224
Claims, Benefits and Expenses
Net incurred claims and benefits	448			591				323			(20		)	—			1,342
Policyholders’ dividends	1			3				2			—			—			6
Amortization of deferred acquisition costs	154			147				8			—			—			309
Other insurance related expenses	77			135				36			1			(1		)	248
Other expenses	50			10				4			47			—			111
Total claims, benefits and expenses	730			886				373			28			(1		)	2,016
Operating income (loss) before income tax	158			85				(17		)	(18		)	—			208
Income tax (expense) benefit on operating income (loss)	(52		)	(28		)		20			4			—			(56		)
Net operating income (loss)	106			57				3			(14		)	—			152
Net realized investment gains (losses), pre-tax	8			13				4			(3		)	—			22
Income tax (expense) benefit on net realized investment gains (losses)	(2		)	(5		)		(1		)	—			—			(8		)
Net realized investment gains (losses)	6			8				3			(3		)	—			14
Net income (loss)	$	112		$	65			$	6		$	(17	)	$	—		$	166

Six months ended June 30, 2013	CNA Specialty			CNA Commercial			Hardy			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)																Eliminations			Total
Operating revenues
Net earned premiums	$	1,469		$	1,677		$	140		$	279		$	—		$	(1	)	$	3,564
Net investment income	321			461			2			411			16			—			1,211
Other revenues	123			75			—			5			5			(1		)	207
Total operating revenues	1,913			2,213			142			695			21			(2		)	4,982
Claims, Benefits and Expenses
Net incurred claims and benefits	917			1,244			72			705			2			—			2,940
Policyholders’ dividends	2			4			—			4			—			—			10
Amortization of deferred acquisition costs	306			302			41			14			—			—			663
Other insurance related expenses	136			285			29			66			—			(1		)	515
Other expenses	114			11			13			7			85			(1		)	229
Total claims, benefits and expenses	1,475			1,846			155			796			87			(2		)	4,357
Operating income (loss) before income tax	438			367			(13		)	(101		)	(66		)	—			625
Income tax (expense) benefit on operating income (loss)	(150		)	(130		)	3			65			22			—			(190		)
Net operating income (loss)	288			237			(10		)	(36		)	(44		)	—			435
Net realized investment gains (losses), pre-tax	(3		)	(8		)	2			14			9			—			14
Income tax (expense) benefit on net realized investment gains (losses)	1			3			(1		)	(5		)	(3		)	—			(5		)
Net realized investment gains (losses)	(2		)	(5		)	1			9			6			—			9
Net income (loss)	$	286		$	232		$	(9	)	$	(27	)	$	(38	)	$	—		$	444

June 30, 2013
(In millions)
Reinsurance receivables	$	698	$	1,146	$	235	$	1,258	$	2,704	$	—		$	6,041
Insurance receivables	$	786	$	1,219	$	208	$	11	$	3	$	—		$	2,227
Deferred acquisition costs	$	317	$	277	$	56	$	—	$	—	$	—		$	650
Goodwill	$	117	$	—	$	35	$	—	$	—	$	—		$	152
Insurance reserves
Claim and claim adjustment expenses	$	6,877	$	10,973	$	447	$	3,031	$	3,011	$	—		$	24,339
Unearned premiums	1,787		1,682		265		136		—		(1		)	3,869
Future policy benefits	—		—		—		10,787		—		—			10,787
Policyholders’ funds	9		14		—		110		—		—			133

Six months ended June 30, 2012	CNA Specialty			CNA Commercial			Hardy	Life & Group Non-Core			Corporate & Other Non-Core
(In millions)														Eliminations			Total
Operating revenues
Net earned premiums	$	1,425		$	1,612			$	280		$	1		$	(1	)	$	3,317
Net investment income	287			416				399			16			—			1,118
Other revenues	113			20				14			7			—			154
Total operating revenues	1,825			2,048				693			24			(1		)	4,589
Claims, Benefits and Expenses
Net incurred claims and benefits	916			1,158				659			(13		)	—			2,720
Policyholders’ dividends	(1		)	6				4			—			—			9
Amortization of deferred acquisition costs	302			286				16			—			—			604
Other insurance related expenses	149			279				71			—			(1		)	498
Other expenses	100			17				10			95			—			222
Total claims, benefits and expenses	1,466			1,746				760			82			(1		)	4,053
Operating income (loss) before income tax	359			302				(67		)	(58		)	—			536
Income tax (expense) benefit on operating income (loss)	(121		)	(106		)		51			18			—			(158		)
Net operating income (loss)	238			196				(16		)	(40		)	—			378
Net realized investment gains (losses), pre-tax	16			24				17			1			—			58
Income tax (expense) benefit on net realized investment gains (losses)	(4		)	(9		)		(6		)	(1		)	—			(20		)
Net realized investment gains (losses)	12			15				11			—			—			38
Net income (loss)	$	250		$	211			$	(5	)	$	(40	)	$	—		$	416

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

Revenues by line of business

Revenues by Line of Business

Periods ended June 30	Three Months						Six Months
(In millions)	2013			2012			2013			2012
CNA Specialty
International	$	59		$	53		$	118		$	110
Professional & Management Liability	687			645			1,387			1,339
Surety	123			121			239			240
Warranty & Alternative Risks	85			77			166			152
CNA Specialty revenues	954			896			1,910			1,841
CNA Commercial
Commercial Insurance	827			736			1,653			1,571
International	90			90			183			181
Small Business	187			158			369			320
CNA Commercial revenues	1,104			984			2,205			2,072
Hardy revenues	77						144
Life & Group Non-Core
Health	287			287			585			578
Life & Annuity	58			57			119			117
Other	1			16			5			15
Life & Group Non-Core revenues	346			360			709			710
Corporate & Other Non-Core revenues	13			7			30			25
Eliminations	(1		)	(1		)	(2		)	(1		)
Total revenues	$	2,493		$	2,246		$	4,996		$	4,647