Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations

12 Months Ended

Dec. 31, 2020

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)	2020		2019		2018
Balance Sheet Data
Deferred acquisition costs	$	708	$	662
Reserves for unpaid claim and claim adjustment expenses	22,706		21,720
Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 6.5%)	1,209		1,321
Unearned premiums	5,119		4,583
Statement of Operations Data
Net written premiums	$	8,059	$	7,656	$	7,345
Net earned premiums	7,649		7,428		7,312
Net investment income	1,896		2,063		1,751
Incurred claim and claim adjustment expenses related to current year	5,793		5,356		5,358
Incurred claim and claim adjustment expenses related to prior years	(119)		(127)		(179)
Amortization of deferred acquisition costs	1,410		1,383		1,335
Paid claim and claim adjustment expenses	5,164		5,576		5,331