POLICY LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2011

Liability for Future Policy Benefits by Product Segment

The liability for future policy benefits as of December 31 consisted of the following:

			Liability Amounts				Interest Rates
(In millions)	Policy Issue Year		2011		2010		Year of Issue			In 20 Years
Health insurance:
Japan:		2005 - 2011	$	2,441	$	1,577		1.5 - 2.75	%		1.5 - 2.75	%
		1974 - 2011		18,777		13,034		3.0			3.0
		1997 - 1999		3,885		3,942		3.5			3.5
		1994 - 1996		4,749		6,083		4.0 - 4.5			4.0 - 4.5
		1987 - 1994		24,607		24,420		5.25 - 5.5			5.25 - 5.5
		1978 - 1986		5,761		5,634		6.5 - 6.75			5.5
		1974 - 1979		0		993		7.0			5.0
U.S.:		2005 - 2011		2,713		2,293		4.75 - 5.5			4.75 - 5.5
		1998 - 2004		1,148		1,123		7.0			7.0
		1988 - 2004		777		845		8.0			6.0
		1986 - 2004		1,328		1,337		6.0			6.0
		1985 - 1986		23		24		6.5			6.5
		1981 - 1986		181		188		7.0			5.5
		Other		24		26
Life insurance:
Japan:		2011		122		0		2.0			2.0
		2009 - 2010		823		262		2.25			2.25
		2007 - 2011		896		503		2.75			2.75
		2005 - 2011		1,079		753		2.5			2.5
		2001 - 2011		1,501		1,163		1.65 - 1.85			1.65 - 1.85
		1985 - 2011		5,795		2,543		3.0			3.0
		1996 - 2009		962		904		3.5			3.5
		1994 - 1996		1,395		1,334		4.0 - 4.5			4.0 - 4.5
		1985 - 1993		0		2,877		5.25 - 5.65			5.25 - 5.65
U.S.:		1956 - 2011		291		245		4.0 - 6.0			4.0 - 6.0
Total			$	79,278	$	72,103

Liability for Unpaid Claims Adjustment Expense by Expense Type

Changes in the liability for unpaid policy claims were as follows for the years ended December 31:

(In millions)	2011			2010			2009
Unpaid supplemental health claims, beginning of year	$	3,524		$	3,105		$	2,959
Add claims incurred during the year related to:
Current year		7,703			7,262			6,864
Prior years		(256	)		(332	)		(398	)
Total incurred		7,447			6,930			6,466
Less claims paid during the year on claims incurred during:
Current year		5,401			5,003			4,683
Prior years		1,944			1,787			1,618
Total paid		7,345			6,790			6,301
Effect of foreign exchange rate changes on unpaid claims		123			279			(19	)
Unpaid supplemental health claims, end of year		3,749			3,524			3,105
Unpaid life claims, end of year		232			195			165
Total liability for unpaid policy claims	$	3,981		$	3,719		$	3,270