Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations

12 Months Ended

Dec. 31, 2019

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)	2019			2018			2017
Balance Sheet Data
Deferred acquisition costs	$	662		$	633
Reserves for unpaid claim and claim adjustment expenses	21,720			21,984
Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 7.6%)	1,321			1,388
Unearned premiums	4,583			4,183
Statement of Operations Data
Net written premiums	$	7,656		$	7,345		$	7,069
Net earned premiums	7,428			7,312			6,988
Net investment income	2,063			1,751			1,992
Incurred claim and claim adjustment expenses related to current year	5,356			5,358			5,201
Incurred claim and claim adjustment expenses related to prior years	(127		)	(179		)	(381		)
Amortization of deferred acquisition costs	1,383			1,335			1,233
Paid claim and claim adjustment expenses	5,576			5,331			5,341