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Claim and Claim Adjustment Expense Reserves (Tables)
 9 Months Ended
Sep. 30, 2020
Net Incurred Claim and Claim Adjustment Expense [Line Items]  
Schedule of liability for unpaid claims and claims adjustment expense
The following table presents a reconciliation between beginning and ending claim and claim adjustment expense reserves, including claim and claim adjustment expense reserves of the Life & Group segment.
For the nine months ended September 30
 
 
 
(In millions)
2020
 
2019
Reserves, beginning of year:
 
 
 
Gross
$
21,720

 
$
21,984

Ceded
3,835

 
4,019

Net reserves, beginning of year
17,885

 
17,965

Net incurred claim and claim adjustment expenses:
 
 
 
Provision for insured events of current year
4,425

 
3,968

Increase (decrease) in provision for insured events of prior years
(68
)
 
(65
)
Amortization of discount
143

 
143

Total net incurred (1)
4,500

 
4,046

Net payments attributable to:
 
 
 
Current year events
(556
)
 
(599
)
Prior year events
(3,285
)
 
(3,547
)
Total net payments
(3,841
)
 
(4,146
)
Foreign currency translation adjustment and other
39

 
29

Net reserves, end of period
18,583

 
17,894

Ceded reserves, end of period
3,951

 
3,702

Gross reserves, end of period
$
22,534

 
$
21,596


(1)
Total net incurred above does not agree to Insurance claims and policyholders' benefits as reflected on the Condensed Consolidated Statements of Operations due to amounts related to retroactive reinsurance deferred gain accounting, uncollectible reinsurance and benefit expenses related to future policy benefits, which are not reflected in the table above.
Net prior year development The following table presents development recorded for the Specialty, Commercial, International and Corporate & Other segments.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2020
 
2019
 
2020
 
2019
Pretax (favorable) unfavorable development:
 
 
 
 
 
 
 
Specialty
$
(16
)
 
$
(20
)
 
$
(47
)
 
$
(58
)
Commercial
1

 
35

 
42

 
15

International
—

 
1

 
(3
)
 
14

Corporate & Other
—

 
—

 
—

 
—

Total pretax (favorable) unfavorable development
$
(15
)
 
$
16

 
$
(8
)
 
$
(29
)
Specialty  
Net Incurred Claim and Claim Adjustment Expense [Line Items]  
Net prior year claim and allocated claim adjustment expense reserve development
The following table presents further detail of the development recorded for the Specialty segment.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2020
 
2019
 
2020
 
2019
Pretax (favorable) unfavorable development:
 
 
 
 
 
 
 
Medical Professional Liability
$
25

 
$
29

 
$
35

 
$
59

Other Professional Liability and Management Liability
—

 
(18
)
 
(6
)
 
(37
)
Surety
(40
)
 
(43
)
 
(70
)
 
(83
)
Warranty
—

 
—

 
(3
)
 
(7
)
Other
(1
)
 
12

 
(3
)
 
10

Total pretax (favorable) unfavorable development
$
(16
)
 
$
(20
)
 
$
(47
)
 
$
(58
)
Commercial  
Net Incurred Claim and Claim Adjustment Expense [Line Items]  
Net prior year claim and allocated claim adjustment expense reserve development
The following table presents further detail of the development recorded for the Commercial segment.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2020
 
2019
 
2020
 
2019
Pretax (favorable) unfavorable development:
 
 
 
 
 
 
 
Commercial Auto
$
9

 
$
(16
)
 
$
33

 
$
(24
)
General Liability
15

 
43

 
65

 
36

Workers' Compensation
(23
)
 
7

 
(97
)
 
2

Property and Other
—

 
1

 
41

 
1

Total pretax (favorable) unfavorable development
$
1

 
$
35

 
$
42

 
$
15
International  
Net Incurred Claim and Claim Adjustment Expense [Line Items]  
Net prior year claim and allocated claim adjustment expense reserve development
The following table presents further detail of the development recorded for the International segment.
Periods ended September 30
Three Months
 
Nine Months
(In millions)
2020
 
2019
 
2020
 
2019
Pretax (favorable) unfavorable development:
 
 
 
 
 
 
 
Casualty
$
(5
)
 
$
(6
)
 
$
(11
)
 
$
(11
)
Property, Energy and Marine(1)
9

 
4

 
10

 
23

Specialty
(4
)
 
3

 
(2
)
 
2

Total pretax (favorable) unfavorable development
$
—

 
$
1

 
$
(3
)
 
$
14


(1)
Effective January 1, 2020 the Property and Energy and Marine lines of business have been combined in the International segment. Prior period information has been conformed to the new line of business presentation.