Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations

12 Months Ended

Dec. 31, 2022

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)	2022		2021		2020
Balance Sheet Data
Deferred acquisition costs	$	806	$	737
Reserves for unpaid claim and claim adjustment expenses	25,099		24,174
Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 6.4%)	1,133		1,146
Unearned premiums	6,374		5,761
Statement of Operations Data
Net written premiums	$	9,128	$	8,405	$	8,059
Net earned premiums	8,667		8,175		7,649
Net investment income	1,751		2,111		1,896
Incurred claim and claim adjustment expenses related to current year	6,243		5,970		5,793
Incurred claim and claim adjustment expenses related to prior years	(187)		(104)		(119)
Amortization of deferred acquisition costs	1,490		1,443		1,410
Paid claim and claim adjustment expenses	5,261		4,844		5,164