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Claim and Claim Adjustment Expense Reserves (Tables)
 9 Months Ended
Sep. 30, 2015
Liability for Claims and Claims Adjustment Expense [Abstract]  
Net prior year development
The following tables and discussion present net prior year development recorded for Specialty, Commercial, International and Corporate & Other Non-Core segments.
Three months ended September 30, 2015
 
 
 
 
 
 
 
 
 
(In millions)

Specialty
 
 Commercial
 
International
 
Corporate
& Other
Non-Core
 
Total
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(130
)
 
$
(11
)
 
$
(34
)
 
$
—

 
$
(175
)
Pretax (favorable) unfavorable premium development
(2
)
 
(5
)
 
2

 
—

 
(5
)
Total pretax (favorable) unfavorable net prior year development
$
(132
)
 
$
(16
)
 
$
(32
)
 
$
—

 
$
(180
)

Three months ended September 30, 2014
 
 
 
 
 
 
 
 
 
(In millions)

Specialty
 
 Commercial
 
International
 
Corporate
& Other
Non-Core
 
Total
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(79
)
 
$
71

 
$
(17
)
 
$
(1
)
 
$
(26
)
Pretax (favorable) unfavorable premium development
(4
)
 
—

 
7

 
—

 
3

Total pretax (favorable) unfavorable net prior year development
$
(83
)
 
$
71

 
$
(10
)
 
$
(1
)
 
$
(23
)


Nine months ended September 30, 2015
 
 
 
 
 
 
 
 
 
(In millions)

Specialty
 
 Commercial
 
International
 
Corporate
& Other
Non-Core
 
Total
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(141
)
 
$
—

 
$
(46
)
 
$
—

 
$
(187
)
Pretax (favorable) unfavorable premium development
(10
)
 
(17
)
 
16

 
—

 
(11
)
Total pretax (favorable) unfavorable net prior year development
$
(151
)
 
$
(17
)
 
$
(30
)
 
$
—

 
$
(198
)

Nine months ended September 30, 2014
 
 
 
 
 
 
 
 
 
(In millions)

Specialty
 
 Commercial
 
International
 
Corporate
& Other
Non-Core
 
Total
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(123
)
 
$
179

 
$
(32
)
 
$
(1
)
 
$
23

Pretax (favorable) unfavorable premium development
(12
)
 
(24
)
 
6

 
—

 
(30
)
Total pretax (favorable) unfavorable net prior year development
$
(135
)
 
$
155

 
$
(26
)
 
$
(1
)
 
$
(7
)
Net prior year claim and allocated claim adjustment expense reserve development for Specialty segment
The following table presents further detail of the net prior year claim and allocated claim adjustment expense reserve development (development) recorded for the Specialty segment.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2015
 
2014
 
2015
 
2014
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development:
 
 
 
 
 
 
 
Medical Professional Liability
$
(19
)
 
$
16

 
$
(11
)
 
$
17

Other Professional Liability and Management Liability
(37
)
 
(9
)
 
(41
)
 
(59
)
Surety
(70
)
 
(79
)
 
(69
)
 
(78
)
Warranty
—

 
—

 
1

 
—

Other
(4
)
 
(7
)
 
(21
)
 
(3
)
Total pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(130
)
 
$
(79
)
 
$
(141
)
 
$
(123
)
Net prior year claim and allocated claim adjustment expense reserve development for Commercial segment
The following table presents further detail of the development recorded for the Commercial segment. A significant amount of the unfavorable development for the nine months ended September 30, 2014 relates to business classes which the Company has exited, but also includes Small Business where the Company has taken underwriting actions in an effort to improve profitability.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2015

2014
 
2015
 
2014
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development:
 
 
 
 
 
 
 
Commercial Auto
$
—

 
$
13

 
$
7

 
$
52

General Liability
3

 
44

 
8

 
76

Workers' Compensation
(1
)
 
25

 
22

 
75

Property and Other
(13
)
 
(11
)
 
(37
)
 
(24
)
Total pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(11
)
 
$
71

 
$
—

 
$
179
Net prior year claim and allocated claim adjustment expense reserve development for International segment
The following table presents further detail of the development recorded for the International segment.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2015
 
2014
 
2015
 
2014
Pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development:
 
 
 
 
 
 
 
Medical Professional Liability
$
(8
)
 
$
(3
)
 
$
(8
)
 
$
(2
)
Other Professional Liability
(11
)
 
1

 
(16
)
 
(14
)
Liability
(5
)
 
(3
)
 
(12
)
 
(9
)
Property & Marine
(5
)
 
(11
)
 
(19
)
 
(10
)
Other
(5
)
 
(1
)
 
9

 
(7
)
Commutations
—

 
—

 
—

 
10

Total pretax (favorable) unfavorable net prior year claim and allocated claim adjustment expense reserve development
$
(34
)
 
$
(17
)
 
$
(46
)
 
$
(32
)
Impact of loss portfolio transfer on consolidated statements of operations
The following table displays the impact of the Loss Portfolio Transfer on the Condensed Consolidated Statements of Operations.

Periods ended September 30
Three Months
 
Nine Months
(In millions)
2015
 
2014
 
2015
 
2014
Net A&EP adverse development before consideration of LPT
$
—

 
$
—

 
$
150

 
$
—

Provision for uncollectible third-party reinsurance on A&EP
—

 
—

 
—

 
—

Additional amounts ceded under LPT
—

 
—

 
150

 
—

Retroactive reinsurance benefit recognized
(4
)
 
(4
)
 
(75
)
 
(9
)
Pretax impact of deferred retroactive reinsurance benefit
$
(4
)
 
$
(4
)
 
$
75

 
$
(9
)