Business Segments (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

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

Three months ended March 31, 2014	CNA Specialty			CNA Commercial			Hardy			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)																Eliminations			Total
Operating revenues
Net earned premiums	$	748		$	822		$	98		$	139		$	—		$	(1	)	$	1,806
Net investment income	151			198			1			171			5			—			526
Other revenues	68			9			1			5			2			—			85
Total operating revenues	967			1,029			100			315			7			(1		)	2,417
Claims, Benefits and Expenses
Net incurred claims and benefits	480			622			38			306			(3		)	—			1,443
Policyholders’ dividends	1			2			—			—			—			—			3
Amortization of deferred acquisition costs	153			140			28			8			—			—			329
Other insurance related expenses	72			139			20			32			—			(1		)	262
Other expenses	61			11			4			1			51			—			128
Total claims, benefits and expenses	767			914			90			347			48			(1		)	2,165
Operating income (loss) before income tax	200			115			10			(32		)	(41		)	—			252
Income tax (expense) benefit on operating income (loss)	(66		)	(37		)	(3		)	30			14			—			(62		)
Net operating income (loss)	134			78			7			(2		)	(27		)	—			190
Net realized investment gains (losses), pretax	12			12			—			16			6			—			46
Income tax (expense) benefit on net realized investment gains (losses)	(4		)	(4		)	—			(6		)	(2		)	—			(16		)
Net realized investment gains (losses)	8			8			—			10			4			—			30
Net income (loss) from continuing operations	$	142		$	86		$	7		$	8		$	(23	)	$	—		$	220

March 31, 2014
(In millions)
Reinsurance receivables	$	555	$	1,050	$	153	$	401	$	2,940	$	—	$	5,099
Insurance receivables	$	794	$	1,134	$	191	$	10	$	3	$	—	$	2,132
Deferred acquisition costs	$	326	$	273	$	53	$	—	$	—	$	—	$	652
Goodwill	$	117	$	—	$	38	$	—	$	—	$	—	$	155
Insurance reserves
Claim and claim adjustment expenses	$	6,786	$	10,574	$	377	$	3,085	$	3,111	$	—	$	23,933
Unearned premiums	1,863		1,583		250		142		—		—		3,838
Future policy benefits	—		—		—		8,254		—		—		8,254
Policyholders’ funds	9		17		—		—		—		—		26

Three months ended March 31, 2013	CNA Specialty			CNA Commercial			Hardy			Life & Group Non-Core			Corporate & Other Non-Core
(In millions)																Eliminations			Total
Operating revenues
Net earned premiums	$	723		$	837		$	64		$	141		$	—		$	(1	)	$	1,764
Net investment income	170			250			1			162			8			—			591
Other revenues	60			10			1			3			3			—			77
Total operating revenues	953			1,097			66			306			11			(1		)	2,432
Claims, Benefits and Expenses
Net incurred claims and benefits	465			600			31			293			4			—			1,393
Policyholders’ dividends	1			2			—			—			—			—			3
Amortization of deferred acquisition costs	150			149			21			8			—			—			328
Other insurance related expenses	71			143			16			32			—			(1		)	261
Other expenses	54			9			7			5			46			—			121
Total claims, benefits and expenses	741			903			75			338			50			(1		)	2,106
Operating income (loss) before income tax	212			194			(9		)	(32		)	(39		)	—			326
Income tax (expense) benefit on operating income (loss)	(72		)	(69		)	1			26			13			—			(101		)
Net operating income (loss)	140			125			(8		)	(6		)	(26		)	—			225
Net realized investment gains (losses), pretax	3			4			1			9			6			—			23
Income tax (expense) benefit on net realized investment gains (losses)	(1		)	(1		)	—			(3		)	(2		)	—			(7		)
Net realized investment gains (losses)	2			3			1			6			4			—			16
Net income (loss) from continuing operations	$	142		$	128		$	(7	)	$	—		$	(22	)	$	—		$	241

December 31, 2013
(In millions)
Reinsurance receivables	$	546	$	1,075	$	197	$	1,203	$	3,067	$	—	$	6,088
Insurance receivables	$	775	$	1,099	$	176	$	11	$	2	$	—	$	2,063
Deferred acquisition costs	$	318	$	257	$	49	$	—	$	—	$	—	$	624
Goodwill	$	117	$	—	$	38	$	—	$	—	$	—	$	155
Insurance reserves
Claim and claim adjustment expenses	$	6,689	$	10,649	$	386	$	3,058	$	3,307	$	—	$	24,089
Unearned premiums	1,805		1,536		249		128		—		—		3,718
Future policy benefits	—		—		—		10,471		—		—		10,471
Policyholders’ funds	9		15		—		92		—		—		116

Revenues by line of business

Revenues by Line of Business

Three months ended March 31
(In millions)	2014			2013
CNA Specialty
International	$	64		$	59
Management & Professional Liability	704			700
Surety	122			116
Warranty & Alternative Risks	89			81
CNA Specialty revenues	979			956
CNA Commercial
Commercial Insurance	762			826
International	95			93
Small Business	184			182
CNA Commercial revenues	1,041			1,101
Hardy revenues	100			67
Life & Group Non-Core revenues	331			315
Corporate & Other Non-Core revenues	13			17
Eliminations	(1		)	(1		)
Total revenues	$	2,463		$	2,455