XML 143 R74.htm IDEA: XBRL DOCUMENT v2.4.0.8
Claim and Claim Adjustment Expense Reserves (Reconcilliation of claim and claim adjustment expense reserves) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Reserves, beginning of year:      
Gross $ 24,763 $ 24,303 $ 25,496
Ceded 5,126 5,020 6,122
Net reserves, beginning of year 19,637 19,283 19,374
Change in net reserves due to acquisition (disposition) of subsidiaries    291 (277)
Net incurred claim and claim adjustment expenses:      
Provision for insured events of current year 5,114 5,273 4,904
Increase (decrease) in provision for insured events of prior years (115) (182) (429)
Amortization of discount 154 145 135
Total net incurred (a) 5,153 [1] 5,236 [1] 4,610 [1]
Net payments attributable to:      
Current year events (981) (988) (1,029)
Prior year events (4,588) (4,280) (3,473)
Total net payments (5,569) (5,268) (4,502)
Foreign currency translation adjustment and other (104) 95 78
Net reserves, end of year 19,117 19,637 19,283
Ceded reserves, end of year 4,972 5,126 5,020
Gross reserves, end of year $ 24,089 $ 24,763 $ 24,303
[1] Total net incurred above does not agree to Insurance claims and policyholders' benefits as reflected on the Consolidated Statements of Operations due to amounts related to retroactive reinsurance deferred gain accounting, uncollectible reinsurance and loss deductible receivables, and benefit expenses related to future policy benefits and policyholders' funds, which are not reflected in the table above.