INVESTMENTS (Details) (USD $)
|
9 Months Ended |
12 Months Ended |
Sep. 30, 2012
|
Dec. 31, 2011
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Other invested assets carried at fair value, Amortized Cost or Cost |
$ 6,491,000,000 |
$ 5,155,000,000 |
Other invested assets carried at fair value, Gross Unrealized Gains |
1,756,000,000 |
1,611,000,000 |
Other invested assets carried at fair value, Gross Unrealized Losses |
(25,000,000) |
(269,000,000) |
Other invested assets carried at fair value, fair value |
8,222,000,000 |
6,497,000,000 |
Total, Amortized Cost or Cost |
254,857,000,000 |
257,745,000,000 |
Total, Gross Unrealized Gains |
28,211,000,000 |
21,637,000,000 |
Total, Gross Unrealized Losses |
(1,911,000,000) |
(5,280,000,000) |
Total, fair value |
281,157,000,000 |
274,102,000,000 |
Total, Other-Than-Temporary Impairments in AOCI |
1,189,000,000 |
(856,000,000) |
Bonds available for sale
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
246,690,000,000 |
250,770,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
25,060,000,000 |
18,121,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(1,836,000,000) |
(4,910,000,000) |
Available for Sale Securities, fair value |
269,914,000,000 |
263,981,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
1,189,000,000 |
(856,000,000) |
Other details of available-for-sale securities |
|
|
Available for sale securities not rated or rated below investment grade |
28,900,000,000 |
24,200,000,000 |
Bonds available for sale | U.S. government and government sponsored entities
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
4,049,000,000 |
5,661,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
359,000,000 |
418,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
|
(1,000,000) |
Available for Sale Securities, fair value |
4,408,000,000 |
6,078,000,000 |
Bonds available for sale | Obligations of states, municipalities and political subdivisions
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
33,716,000,000 |
35,017,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
2,799,000,000 |
2,554,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(51,000,000) |
(73,000,000) |
Available for Sale Securities, fair value |
36,464,000,000 |
37,498,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
(23,000,000) |
(28,000,000) |
Bonds available for sale | Non-U.S. government
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
24,900,000,000 |
24,843,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
1,441,000,000 |
994,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(43,000,000) |
(102,000,000) |
Available for Sale Securities, fair value |
26,298,000,000 |
25,735,000,000 |
Bonds available for sale | Corporate debt
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
134,977,000,000 |
134,699,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
15,755,000,000 |
11,844,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(592,000,000) |
(1,725,000,000) |
Available for Sale Securities, fair value |
150,140,000,000 |
144,818,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
125,000,000 |
115,000,000 |
Bonds available for sale | Mortgage backed, asset backed and collateralized
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
49,048,000,000 |
50,550,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
4,706,000,000 |
2,311,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(1,150,000,000) |
(3,009,000,000) |
Available for Sale Securities, fair value |
52,604,000,000 |
49,852,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
1,087,000,000 |
(943,000,000) |
Bonds available for sale | Residential mortgage backed securities (RMBS)
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
32,343,000,000 |
34,780,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
3,231,000,000 |
1,387,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(394,000,000) |
(1,563,000,000) |
Available for Sale Securities, fair value |
35,180,000,000 |
34,604,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
1,109,000,000 |
(716,000,000) |
Bonds available for sale | Commercial mortgage-backed securities (CMBS)
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
9,258,000,000 |
8,449,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
738,000,000 |
470,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(514,000,000) |
(973,000,000) |
Available for Sale Securities, fair value |
9,482,000,000 |
7,946,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
(112,000,000) |
(276,000,000) |
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
7,447,000,000 |
7,321,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
737,000,000 |
454,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(242,000,000) |
(473,000,000) |
Available for Sale Securities, fair value |
7,942,000,000 |
7,302,000,000 |
Available-for-sale Securities, Other-Than- Temporary Impairments in AOCI |
90,000,000 |
49,000,000 |
Equity securities available for sale
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
1,676,000,000 |
1,820,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
1,395,000,000 |
1,905,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(50,000,000) |
(101,000,000) |
Available for Sale Securities, fair value |
3,021,000,000 |
3,624,000,000 |
Equity securities available for sale | Common Stock
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
1,517,000,000 |
1,682,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
1,355,000,000 |
1,839,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
(50,000,000) |
(100,000,000) |
Available for Sale Securities, fair value |
2,822,000,000 |
3,421,000,000 |
Equity securities available for sale | Preferred Stock
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
65,000,000 |
83,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
28,000,000 |
60,000,000 |
Available for Sale Securities, fair value |
93,000,000 |
143,000,000 |
Equity securities available for sale | Mutual Funds
|
|
|
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value |
|
|
Available-for-sale Securities, Amortized Cost or Cost |
94,000,000 |
55,000,000 |
Available-for-sale Securities, Gross Unrealized Gains |
12,000,000 |
6,000,000 |
Available-for-sale Securities, Gross Unrealized Losses |
|
(1,000,000) |
Available for Sale Securities, fair value |
$ 106,000,000 |
$ 60,000,000 |