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Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations
12 Months Ended
Dec. 31, 2014
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)
2014
 
2013
 
2012
Deferred acquisition costs
$
600

 
$
624

 
 
Reserves for unpaid claim and claim adjustment expenses
23,271

 
24,015

 


Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 8.0%)
1,578

 
1,586

 


Unearned premiums
3,592

 
3,718

 


Net written premiums
7,088

 
7,348

 
$
6,964

Net earned premiums
7,212

 
7,271

 
6,881

Net investment income
2,031

 
2,240

 
2,074

Incurred claim and claim adjustment expenses related to current year
5,043

 
5,113

 
5,266

Incurred claim and claim adjustment expenses related to prior years
(39
)
 
(115
)
 
(180
)
Amortization of deferred acquisition costs
1,317

 
1,362

 
1,274

Paid claim and claim adjustment expenses
5,297

 
5,566

 
5,257