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Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations
12 Months Ended
Dec. 31, 2016
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)
2016
 
2015
 
2014
Balance Sheet Data
 
 
 
 
 
Deferred acquisition costs
$
599

 
$
597

 


Reserves for unpaid claim and claim adjustment expenses
22,343

 
22,663

 


Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 8.0%)
1,572

 
1,534

 


Unearned premiums
3,762

 
3,671

 


Statement of Operations Data
 
 
 
 
 
Net written premiums
$
6,988

 
$
6,962

 
$
7,088

Net earned premiums
6,924

 
6,921

 
7,212

Net investment income
1,952

 
1,807

 
2,031

Incurred claim and claim adjustment expenses related to current year
5,025

 
4,934

 
5,043

Incurred claim and claim adjustment expenses related to prior years
(342
)
 
(255
)
 
(39
)
Amortization of deferred acquisition costs
1,235

 
1,540

 
1,317

Paid claim and claim adjustment expenses
5,134

 
4,945

 
5,297