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INSURANCE LIABILITIES (Details - Liability for Unpaid Losses and Loss Adjustment Expenses) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Supplementary Insurance Information, by Segment [Line Items]      
Collateral Held For Deductible Recoverable Amounts $ 9,200 $ 8,900  
Allowance for credit losses for unsecured reinsurance recoverable 14 0  
Gross loss reserves before reinsurance and discount, net of contractual deductible recoverable amounts due from policyholders 12,600 12,200  
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:      
Liability for unpaid loss and loss adjustment expenses, beginning of year 78,328 83,639 $ 78,393
Reinsurance recoverable, balance at the beginning of the year (31,069) (31,690) (26,708)
Initial allowance upon CECL adoption 164 0 0
Net Liability for unpaid loss and loss adjustment expenses, beginning of year 47,259 51,949 51,685
Losses and loss adjustment expenses incurred      
Current year 16,928 17,596 20,534
Prior years, excluding discount and amortization of deferred gain (90) (340) 1,429
Prior years, discount charge (benefit) 587 1,063 (252)
Prior years, amortization of deferred gain on retroactive reinsurance (237) (219) (395)
Total losses and loss adjustment expenses incurred 17,188 18,100 21,316
Losses and loss adjustment expenses paid      
Current year (4,062) (4,894) (5,754)
Prior years (14,603) (18,020) (17,768)
Total losses and loss adjustment expenses paid (18,665) (22,914) (23,522)
Other changes:      
Foreign exchange effect 815 (6) (677)
Allowance for credit losses (15) 0 0
Acquisitions 0 0 3,284
Retroactive reinsurance adjustment (net of discount) 361 130 (137)
Fortitude sale (3,818) 0 0
Total other changes (2,657) 124 2,470
Net liability for unpaid losses and loss adjustment expenses, end of year 43,289 47,259 51,949
Reinsurance recoverable, balance at the end of the year 34,431 31,069 31,690
Total, balance at the end of year 77,720 78,328 83,639
Change in discount on loss reserves ceded under retroactive reinsurance 340 469 (180)
Adjusted balance      
Reconciliation of activity in the Liability for unpaid claims and claims adjustment expense:      
Net Liability for unpaid loss and loss adjustment expenses, beginning of year 47,423    
Other changes:      
Net liability for unpaid losses and loss adjustment expenses, end of year   47,423  
U.S. Asbestos | NICO      
Losses and loss adjustment expenses incurred      
Prior years, discount charge (benefit) $ 41 $ 27 $ 51