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Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations
12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-18, Supplemental Information, 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)
2018
 
2017
 
2016
Balance Sheet Data
 
 
 
 
 
Deferred acquisition costs
$
632

 
$
632

 


Reserves for unpaid claim and claim adjustment expenses
21,984

 
22,004

 


Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 8.0%)
1,388

 
1,434

 


Unearned premiums
4,183

 
4,029

 


Statement of Operations Data
 
 
 
 
 
Net written premiums
$
7,345

 
$
7,069

 
$
6,988

Net earned premiums
7,312

 
6,988

 
6,924

Net investment income
1,751

 
1,992

 
1,952

Incurred claim and claim adjustment expenses related to current year
5,358

 
5,201

 
5,025

Incurred claim and claim adjustment expenses related to prior years
(179
)
 
(381
)
 
(342
)
Amortization of deferred acquisition costs
1,335

 
1,233

 
1,235

Paid claim and claim adjustment expenses
5,331

 
5,341

 
5,134