XML 151 R86.htm IDEA: XBRL DOCUMENT v3.20.2
INSURANCE LIABILITIES (Details - Discounting of Reserves) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Discounting of Reserves [Line Items]          
Tabular Discount Rate     3.50%    
Workers Compensation Tabular Discount Amount $ 289   $ 289   $ 582
Workers Compensation Non Tabular Discount Amount 649   649   967
U.S. Workers' compensation 2,111   2,111   2,800
Retroactive Reinsurance (1,173)   (1,173)   (1,251)
Total reserve discount 938   938   1,549
Current accident year 56 $ 41 94 $ 97  
Accretion and other adjustments to prior year discount (25) (82) (135) (349)  
Effect of interest rate changes 0 (194) 0 (668)  
Net reserve discount benefit (charge) 31 (235) (41) (920)  
Change in discount on loss reserves ceded under retroactive reinsurance 20 43 78 475  
Net change in total reserve discount 51 (192) 37 (445)  
North America Commercial Insurance          
Discounting of Reserves [Line Items]          
U.S. Workers' compensation 2,111   2,111   2,134
Retroactive Reinsurance (1,173)   (1,173)   (1,251)
Total reserve discount 938   938   883
Current accident year 56 41 94 97  
Accretion and other adjustments to prior year discount (25) (26) (117) (269)  
Effect of interest rate changes 0 (136) 0 (473)  
Net reserve discount benefit (charge) 31 (121) (23) (645)  
Change in discount on loss reserves ceded under retroactive reinsurance 20 43 78 475  
Net change in total reserve discount 51 (78) 55 (170)  
Legacy General Insurance Run-Off Lines          
Discounting of Reserves [Line Items]          
U.S. Workers' compensation 0   0   666
Retroactive Reinsurance 0   0   0
Total reserve discount 0   0   666
Current accident year 0 0 0 0  
Accretion and other adjustments to prior year discount 0 (56) (18) (80)  
Effect of interest rate changes 0 (58) 0 (195)  
Net reserve discount benefit (charge) 0 (114) (18) (275)  
Change in discount on loss reserves ceded under retroactive reinsurance 0 0 0 0  
Net change in total reserve discount 0 (114) $ (18) (275)  
New York          
Discounting of Reserves [Line Items]          
Nontabular discount rate     5.00%    
Pennsylvania          
Discounting of Reserves [Line Items]          
Nontabular discount rate     6.00%    
United Kingdom          
Discounting of Reserves [Line Items]          
Net reserve discount benefit (charge)     $ 151   $ 172
Net change in total reserve discount $ (12) $ (27) $ (20) $ (1)