XML 188 R119.htm IDEA: XBRL DOCUMENT v3.10.0.1
INSURANCE LIABILITIES (Details - Liability for Unpaid Losses and Loss Adjustment Expenses) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Supplementary Insurance Information, by Segment [Line Items]                      
Gross loss reserves before reinsurance and discount, net of contractual deductible recoverable amounts due from policyholders $ 12,300       $ 12,600       $ 12,300 $ 12,600  
Collateral Held For Deductible Recoverable Amounts 9,200       9,500       9,200 9,500  
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:                      
Liability for unpaid loss and loss adjustment expenses, beginning of year       $ 78,393       $ 77,077 78,393 77,077 $ 74,942
Reinsurance recoverable, balance at the beginning of the year       (26,708)       (15,532) (26,708) (15,532) (14,339)
Net Liability for unpaid loss and loss adjustment expenses, beginning of year       51,685       61,545 51,685 61,545 60,603
Losses and loss adjustment expenses incurred                      
Current year                 22,501 21,079 20,232
Prior years, other than accretion of discount 546 $ 949 $ (26) $ (40) 212 $ 901 $ 391 $ 61      
Prior years, excluding discount and amortization of deferred gain                 1,429 1,565 5,788
Prior years, discount charge (benefit)                 (252) 187 (422)
Prior years, amortization of deferred gain on retroactive reinsurance                 (395) (284) 0
Total losses and loss adjustment expenses incurred                 23,283 22,547 25,598
Losses and loss adjustment expenses paid                      
Current year                 (6,235) (5,323) (5,825)
Prior years                 (19,254) (16,241) (16,908)
Total losses and loss adjustment expenses paid                 (25,489) (21,564) (22,733)
Other changes                      
Foreign exchange effect                 (677) 788 (463)
Acquisitions                 3,284 23 0
Dispositions                 0 (360) (1,058)
Retroactive reinsurance adjustment (net of discount)                 (137) (11,294) 0
Reclassified to liabilities held for sale                 0 0 (402)
Total other changes                 2,470 (10,843) (1,923)
Net liability for unpaid losses and loss adjustment expenses, balance at end of year 51,949       51,685       51,949 51,685 61,545
Reinsurance recoverable, balance at the end of the year 31,690       26,708       31,690 26,708 15,532
Total, balance at the end of the year $ 83,639       $ 78,393       83,639 78,393 77,077
U.S. Asbestos | NICO                      
Losses and loss adjustment expenses incurred                      
Prior years, discount charge (benefit)                 51 25  
U.S. Commercial long-tail exposures                      
Losses and loss adjustment expenses incurred                      
Prior years, other than accretion of discount                 (4) $ (30) $ 390
Prior years, excluding discount and amortization of deferred gain                 $ (171)