XML 64 R53.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Segments (Income Statement Information) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenues        
Net earned premiums $ 1,853 $ 1,806 $ 5,453 $ 5,185
Net investment income 487 509 1,483 1,529
Non-insurance warranty revenue 258 99 744 290
Other revenues 10 8 26 28
Total operating revenues 2,608 2,422 7,706 7,032
Claims, Benefits and Expenses        
Net incurred claims and benefits 1,306 1,475 3,960 4,039
Policyholders’ dividends 6 5 18 14
Amortization of deferred acquisition costs 337 309 992 926
Non-insurance warranty expense 235 74 676 216
Other insurance related expenses 266 281 779 796
Other expenses 70 67 228 203
Total claims, benefits and expenses 2,220 2,211 6,653 6,194
Core income (loss) before income tax 388 211 1,053 838
Income tax (expense) benefit on core income (loss) (71) (52) (185) (205)
Core income (loss) 317 159 868 633
Net realized investment gains (losses) 14 (24) 25 62
Income tax (expense) benefit on net realized investment gains (losses) (1) 9 (2) (19)
Net realized investment gains (losses), after tax 13 (15) 23 43
Net deferred tax asset remeasurement 6   6  
Net income 336 144 897 676
Operating Segments | Specialty        
Operating revenues        
Net earned premiums 684 692 2,039 2,024
Net investment income 124 129 376 394
Non-insurance warranty revenue 258 99 744 290
Other revenues 0 1 1 2
Total operating revenues 1,066 921 3,160 2,710
Claims, Benefits and Expenses        
Net incurred claims and benefits 373 358 1,124 1,152
Policyholders’ dividends 1 1 3 3
Amortization of deferred acquisition costs 153 151 447 440
Non-insurance warranty expense 235 74 676 216
Other insurance related expenses 68 65 202 203
Other expenses 11 11 34 32
Total claims, benefits and expenses 841 660 2,486 2,046
Core income (loss) before income tax 225 261 674 664
Income tax (expense) benefit on core income (loss) (48) (88) (143) (223)
Core income (loss) 177 173 531 441
Operating Segments | Commercial        
Operating revenues        
Net earned premiums 782 752 2,278 2,129
Net investment income 144 166 450 495
Non-insurance warranty revenue 0 0 0 0
Other revenues 8 6 24 24
Total operating revenues 934 924 2,752 2,648
Claims, Benefits and Expenses        
Net incurred claims and benefits 496 610 1,434 1,459
Policyholders’ dividends 5 4 15 11
Amortization of deferred acquisition costs 127 122 375 359
Non-insurance warranty expense 0 0 0 0
Other insurance related expenses 133 136 386 393
Other expenses 10 6 31 31
Total claims, benefits and expenses 771 878 2,241 2,253
Core income (loss) before income tax 163 46 511 395
Income tax (expense) benefit on core income (loss) (36) (14) (108) (132)
Core income (loss) 127 32 403 263
Operating Segments | International        
Operating revenues        
Net earned premiums 255 226 739 629
Net investment income 14 13 43 38
Non-insurance warranty revenue 0 0 0 0
Other revenues 1 1 0 0
Total operating revenues 270 240 782 667
Claims, Benefits and Expenses        
Net incurred claims and benefits 172 200 480 444
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 57 36 170 127
Non-insurance warranty expense 0 0 0 0
Other insurance related expenses 36 48 102 106
Other expenses 3 (4) 6 (11)
Total claims, benefits and expenses 268 280 758 666
Core income (loss) before income tax 2 (40) 24 1
Income tax (expense) benefit on core income (loss) (1) 2 (7) (9)
Core income (loss) 1 (38) 17 (8)
Operating Segments | Life & Group revenues        
Operating revenues        
Net earned premiums 133 136 398 404
Net investment income 200 195 598 587
Non-insurance warranty revenue 0 0 0 0
Other revenues (1) 0 0 1
Total operating revenues 332 331 996 992
Claims, Benefits and Expenses        
Net incurred claims and benefits 277 322 907 980
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Non-insurance warranty expense 0 0 0 0
Other insurance related expenses 31 32 91 96
Other expenses 2 2 5 5
Total claims, benefits and expenses 310 356 1,003 1,081
Core income (loss) before income tax 22 (25) (7) (89)
Income tax (expense) benefit on core income (loss) 10 35 43 108
Core income (loss) 32 10 36 19
Operating Segments | Corporate & Other        
Operating revenues        
Net earned premiums 0 0 0 0
Net investment income 5 6 16 15
Non-insurance warranty revenue 0 0 0 0
Other revenues 2 0 2 1
Total operating revenues 7 6 18 16
Claims, Benefits and Expenses        
Net incurred claims and benefits (12) (15) 15 4
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Non-insurance warranty expense 0 0 0 0
Other insurance related expenses (1) 0 (1) (1)
Other expenses 44 52 153 146
Total claims, benefits and expenses 31 37 167 149
Core income (loss) before income tax (24) (31) (149) (133)
Income tax (expense) benefit on core income (loss) 4 13 30 51
Core income (loss) (20) (18) (119) (82)
Eliminations        
Operating revenues        
Net earned premiums (1) 0 (1) (1)
Net investment income 0 0 0 0
Non-insurance warranty revenue 0 0 0 0
Other revenues 0 0 (1) 0
Total operating revenues (1) 0 (2) (1)
Claims, Benefits and Expenses        
Net incurred claims and benefits 0 0 0 0
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Non-insurance warranty expense 0 0 0 0
Other insurance related expenses (1) 0 (1) (1)
Other expenses 0 0 (1) 0
Total claims, benefits and expenses (1) 0 (2) (1)
Core income (loss) before income tax 0 0 0 0
Income tax (expense) benefit on core income (loss) 0 0 0 0
Core income (loss) $ 0 $ 0 $ 0 $ 0