Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations

12 Months Ended

Dec. 31, 2013

Supplemental Information for Property, Casualty Insurance Underwriters [Abstract]

Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations

SCHEDULE VI. SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS

As of and for the years ended December 31	Consolidated Property and Casualty Operations
(In millions)	2013			2012			2011
Deferred acquisition costs	$	624		$	598
Reserves for unpaid claim and claim adjustment expenses	24,015			24,696
Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.0% to 9.7%)	1,586			1,850
Unearned premiums	3,718			3,610
Net written premiums	7,348			6,964			$	6,798
Net earned premiums	7,271			6,881			6,603
Net investment income	2,240			2,074			1,845
Incurred claim and claim adjustment expenses related to current year	5,113			5,266			4,901
Incurred claim and claim adjustment expenses related to prior years	(115		)	(180		)	(429		)
Amortization of deferred acquisition costs	1,362			1,274			1,176
Paid claim and claim adjustment expenses	5,566			5,257			4,499