INSURANCE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2020

Claims Development [Line Items]

Schedule of reconciliation of activity in the liability for unpaid claims and claims adjustment expense

Years Ended December 31,
(in millions)		2020		2019		2018
Liability for unpaid loss and loss adjustment expenses, beginning of year	$	78,328	$	83,639	$	78,393
Reinsurance recoverable		(31,069)		(31,690)		(26,708)
Initial allowance upon CECL adoption		164		-		-
Net Liability for unpaid loss and loss adjustment expenses, beginning of year		47,423		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(a)		(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)		-		-
Acquisitions(b)		-		-		3,284
Retroactive reinsurance adjustment (net of discount)(c)		361		130		(137)
Fortitude sale(d)		(3,818)		-		-
Total other changes		(2,657)		124		2,470
Liability for unpaid loss and loss adjustment expenses, end of year:
Net liability for unpaid losses and loss adjustment expenses		43,289		47,259		51,949
Reinsurance recoverable		34,431		31,069		31,690
Total	$	77,720	$	78,328	$	83,639

(a) Includes $41 million, $27 million and $51 million for the retroactive reinsurance agreement with NICO covering U.S. asbestos exposures for the year ended December 31, 2020, 2019 and 2018, respectively.

(b) Includes amounts related to the acquisition of Glatfelter in October 2018 and Validus in July 2018.

(c) Includes benefit (charge) from change in discount on retroactive reinsurance in the amount of $340 million, $469 million and $(180) million for the periods ended December 31, 2020, 2019 and 2018, respectively.

(d) On June 2, 2020, AIG completed the Majority Interest Fortitude Sale. Concurrent with the Majority Interest Fortitude Sale, AIG established a reinsurance recoverable. Refer to Note 1 for additional information.

Reconciliation of claims development to liability

	Net liability for unpaid losses		Reinsurance recoverable on		Gross liability
	and loss adjustment expenses		unpaid losses and loss		for unpaid
	as presented in the		adjustment expenses included in		losses and loss
(in millions)	disaggregated tables below		the disaggregated tables below		adjustment expenses
U.S. Workers' Compensation (before discount)	$	4,630	$	6,564	$	11,194
U.S. Excess Casualty		3,746		4,584		8,330
U.S. Other Casualty		3,520		4,568		8,088
U.S. Financial Lines		4,838		2,193		7,031
U.S. Property and Special Risks		6,181		2,571		8,752
U.S. Personal Insurance		1,116		1,626		2,742
UK/Europe Casualty and Financial lines		6,826		1,225		8,051
UK/Europe Property and Special Risks		2,679		1,215		3,894
UK/Europe and Japan Personal Insurance		2,219		505		2,724
Total	$	35,755	$	25,051	$	60,806
Reconciling Items
Discount on workers' compensation lines						(1,636)
Other product lines*						15,776
Unallocated loss adjustment expenses						2,774
Total Loss Reserves					$	77,720

*Reinsurance recoverable for other product lines of $9.1 billion resulted in a net liability for unpaid losses and loss adjustment expenses of $6.7 billion for the year ended December 31, 2020.

Reconciliation of change in net ultimate loss and loss adjustment expense to prior year development

The table below presents the reconciliation of change in net ultimates from tables above to prior year development for the year ended December 31, 2020:

	Change in Loss and		Re-Attribution		Amortization of
	Loss Adjustment		of ADC		Deferred Gain		Prior Year
(in millions)	Expenses Net Ultimate(a)		Recovery(b)		at Inception		Development
U.S. Workers' Compensation	$	(322)	$	(9)	$	(65)	$	(396)
U.S. Excess Casualty		206		(60)		(50)		96
U.S. Other Casualty		(155)		(4)		(48)		(207)
U.S. Financial Lines		318		57		(34)		341
U.S. Property and Special Risks		(61)		25		(12)		(48)
U.S. Personal Insurance		94		(9)		(2)		83
UK/Europe Casualty and Financial lines		258		-		-		258
UK/Europe Property and Special Risks		(155)		-		-		(155)
UK/Europe and Japan Personal Insurance		(39)		-		-		(39)
Other Operations Run-Off		2		-		-		2
Other product lines		(9)		-		-		(9)
Subtotal, adjusted pre-tax basis	$	137	$	-	$	(211)	$	(74)
Remove impact of Retroactive Reinsurance
Amortization of deferred gain at inception								211
Prior year development ceded under the Asbestos LPT								1
Prior year development ceded under the ADC								(228)
Total, prior years, excluding discount and amortization of deferred gain							$	(90)

(a)Change in net ultimate loss and LAE excludes the portion of prior year development for which we have ceded to the Asbestos Loss Portfolio Transfer (LPT) and the ADC, both of which are provided by NICO and are considered retroactive reinsurance under U.S. GAAP.(b)Reattribution of the ADC recovery takes place annually as we model the future payments on the subject reserves covered by the ADC to determine when the aggregate payments will exceed the attachment. ADC recoverables are then reallocated by line based on payments expected to be made after attachment point is exceeded.

Schedule of development, (favorable) unfavorable, of incurred losses and loss adjustment expenses for accident year 2009 and prior by operating segment and major class of business

Years Ended December 31,
(in millions)		2020		2019		2018
U.S. Workers' compensation (before discount)	$	(87)	$	(210)	$	153
U.S. Excess casualty		(237)		54		537
U.S. Other casualty		(40)		(170)		129
U.S. Financial Lines		25		11		(1)
U.S. Property and Special Risks		(6)		(3)		39
U.S. Personal Insurance		3		1		2
UK/Europe Casualty and Financial Lines		6		9		1
UK/Europe Property and Special Risks		-		(28)		3
UK/Europe and Japan Personal Insurance		3		-		9
Other Operations Run-Off		4		(46)		154
All Other including unallocated loss adjustment expenses		(128)		116		137
Total prior year (favorable) unfavorable development	$	(457)	$	(266)	$	1,163

Schedule of historical average annual percentage claims payout on an accident year basis

Average Annual Percentage Payout of Incurred Losses by Age, Net of Reinsurance (Unaudited)
Year	1		2		3		4		5		6		7		8		9		10
U.S. Workers' compensation	13.4	%	17.6	%	12.1	%	8.0	%	6.3	%	4.3	%	2.9	%	1.9	%	1.9	%	0.8	%
U.S. Excess casualty	0.7		7.4		10.9		16.9		13.0		11.0		9.0		6.8		0.2		4.2
U.S. Other casualty	8.0		14.2		15.6		15.0		12.3		8.6		5.6		2.8		2.0		1.6
U.S. Financial Lines	4.6		17.8		21.2		17.1		13.0		8.7		4.8		4.2		1.2		0.3
U.S. Property and Special Risks	30.2		35.3		13.3		8.0		5.4		3.2		1.2		0.8		0.4		0.2
U.S. Personal Insurance	59.0		29.9		4.9		1.0		1.5		0.6		0.4		0.2		0.1		-
UK/Europe Casualty and Financial Lines	7.6		17.0		13.2		12.6		9.8		9.1		7.0		4.3		3.0		1.6
UK/Europe Property and Special Risks	24.5		39.8		16.9		6.9		2.8		1.9		0.8		0.6		0.2		0.2
UK/Europe and Japan Personal Insurance	56.9		26.7		7.8		3.8		1.9		1.0		0.5		0.3		0.1		0.1

Schedule of components of the loss reserve discount

	December 31, 2020						December 31, 2019
	North America			Other			North America			Other
	Commercial			Operations			Commercial			Operations
(in millions)	Insurance			Run-Off(b)		Total	Insurance			Run-Off		Total
U.S. workers' compensation	$	1,636	$	-	$	1,636	$	2,134	$	666	$	2,800
Retroactive reinsurance		(911)		-		(911)		(1,251)		-		(1,251)
Total reserve discount(a)	$	725	$	-	$	725	$	883	$	666	$	1,549

(a)Excludes $151 million and $172 million of discount related to certain long tail liabilities in the UK at December 31, 2020 and 2019, respectively.

(b)Excludes $493 million of discount which was 100 percent ceded to Fortitude Re at December 31, 2020. On June 2, 2020, we completed the Majority Interest Fortitude Sale. Refer to Note 1 for additional information.

Schedule of loss reserve discount and loss reserve discount benefit (charge)

Years Ended December 31,	2020						2019						2018
	North						North						North
	America			Other			America			Other			America			Other
	Commercial		Operations				Commercial		Operations				Commercial		Operations
(in millions)	Insurance		Run-Off(b)			Total	Insurance		Run-Off			Total	Insurance		Run-Off			Total
Current accident year	$	71	$	-	$	71	$	108	$	-	$	108	$	119	$	-	$	119
Accretion and other adjustments
to prior year discount		(162)		(18)		(180)		(229)		(87)		(316)		(108)		(58)		(166)
Effect of interest rate changes		(407)		-		(407)		(527)		(220)		(747)		305		113		418
Net reserve discount
benefit (charge)		(498)		(18)		(516)		(648)		(307)		(955)		316		55		371
Change in discount on loss
reserves ceded under
retroactive reinsurance		340		-		340		469		-		469		(180)		-		(180)
Net change in total
reserve discount(a)	$	(158)	$	(18)	$	(176)	$	(179)	$	(307)	$	(486)	$	136	$	55	$	191

(a) Excludes $(20) million, $9 million, and $(9) million of discount related to certain long tail liabilities in the UK at December 31, 2020, 2019, and 2018, respectively.

(b) On June 2, 2020, we completed the Majority Interest Fortitude Sale. Refer to Note 1 for additional information. Change in discount prior to the sale is included in the above at December 31, 2020. Following the sale, 100 percent of the discount is ceded to Fortitude Re.

Schedule of policyholder contract deposits by product type

At December 31,
(in millions)		2020		2019
Policyholder contract deposits:
Fixed annuities	$	49,206	$	50,446
Group Retirement		43,893		42,207
Life Insurance		15,407		14,403
Variable annuities		10,964		10,008
Index annuities		25,220		20,698
Institutional Markets		11,361		9,965
Fortitude Re		4,200		4,142
Total Policyholder contract deposits	$	160,251	$	151,869

Schedule of universal life policies with secondary guarantees

	Years Ended December 31,
(in millions)		2020		2019		2018
Balance, beginning of year	$	2,685	$	2,640	$	2,351
Incurred guaranteed benefits*		1,041		514		758
Paid guaranteed benefits		(470)		(469)		(469)
Balance, end of year	$	3,256	$	2,685	$	2,640

*Incurred guaranteed benefits include the portion of assessments established as additions to reserves as well as changes in estimates (assumption unlockings) affecting these reserves.

Schedule of details concerning universal life policies with secondary guarantees

At December 31,
(dollars in millions)		2020		2019
Account value	$	3,078	$	2,850
Net amount at risk		63,721		59,924
Average attained age of contract holders		53		54

U.S. Workers Compensation

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2020 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	2,901	$	2,953	$	3,091	$	3,158	$	3,113	$	3,152	$	3,156	$	3,177	$	3,141	$	3,105	$	(36)	$	299	125,646	$	(439)	$	(269)	$	2,666	$	30
2012				2,382		2,194		2,286		2,260		2,334		2,308		2,259		2,247		2,224		(23)		260	71,570		(398)		(236)		1,826		24
2013						1,932		1,880		1,950		2,060		2,032		1,974		1,916		1,886		(30)		226	47,620		(366)		(196)		1,520		30
2014								1,729		1,764		1,866		1,862		1,794		1,709		1,679		(30)		323	40,430		(456)		(276)		1,223		47
2015										1,708		1,864		1,866		1,814		1,722		1,675		(47)		479	36,231		(570)		(380)		1,105		99
2016												1,299		1,346		1,318		1,140		1,090		(50)		329	31,104		-		-		1,090		329
2017														789		850		776		763		(13)		306	26,914		-		-		763		306
2018																998		1,021		961		(60)		514	21,481		-		-		961		514
2019																		887		873		(14)		478	16,094		-		-		873		478
2020																				597				409	11,493		-		-		597		409
Total																			$	14,853	$	(303)				$	(2,229)			$	12,624
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(9,268)		-					14				(9,254)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				4,714		(87)					(3,454)				1,260
Unallocated loss adjustment expense prior year development																						23
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	10,299	$	(367)				$	(5,669)			$	4,630

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	2,676	$	2,677	$	2,682	$	2,683	$	2,666	$	(17)
2012		1,819		1,814		1,793		1,804		1,826		22
2013		1,500		1,494		1,481		1,458		1,520		62
2014		1,311		1,310		1,309		1,329		1,223		(106)
2015		1,279		1,279		1,318		1,134		1,105		(29)
2016		1,299		1,346		1,318		1,140		1,090		(50)
2017		-		789		850		776		763		(13)
2018		-		-		998		1,021		961		(60)
2019		-		-		-		887		873		(14)
2020		-		-		-		-		597		-
Total	$	9,884	$	10,709	$	11,749	$	12,232	$	12,624	$	(205)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										(9,254)		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										1,260		(137)
Unallocated loss adjustment expense prior year development										-		20
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	4,630	$	(322)

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	(476)	$	(479)	$	(495)	$	(458)	$	(439)	$	19
2012		(515)		(494)		(466)		(443)		(398)		45
2013		(560)		(538)		(493)		(458)		(366)		92
2014		(555)		(552)		(485)		(380)		(456)		(76)
2015		(585)		(587)		(496)		(588)		(570)		18
2016		-		-		-		-		-		-
2017		-		-		-		-		-		-
2018		-		-		-		-		-		-
2019		-		-		-		-		-		-
2020		-		-		-		-		-		-
Total	$	(2,692)	$	(2,650)	$	(2,435)	$	(2,327)	$	(2,229)	$	98
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										14		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(3,454)		(46)
Unallocated loss adjustment expense prior year development												(3)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	(5,669)	$	49

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	519	$	1,129	$	1,561	$	1,884	$	2,129	$	2,285	$	2,388	$	2,451	$	2,496	$	2,519	$	(2)
2012				415		804		1,089		1,272		1,440		1,563		1,632		1,669		1,719		(3)
2013						282		619		879		1,067		1,214		1,287		1,335		1,372		(3)
2014								231		558		786		930		1,030		1,096		1,137		(3)
2015										234		524		725		854		925		979		(3)
2016												147		378		521		584		630		-
2017														93		224		294		333		-
2018																85		215		296		-
2019																		93		219		-
2020																				64		-
Total																			$	9,268	$	(14)

U.S. Excess Casualty

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2020 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	1,787	$	1,827	$	1,597	$	1,429	$	1,529	$	1,611	$	1,627	$	1,726	$	1,758	$	1,713	$	(45)	$	312	3,816	$	(279)	$	(163)	$	1,434	$	149
2012				1,607		1,403		1,242		1,488		1,537		1,486		1,558		1,502		1,390		(112)		236	3,783		(253)		(146)		1,137		90
2013						1,123		1,035		1,169		1,308		1,241		1,282		1,292		1,316		24		283	3,171		(346)		(197)		970		86
2014								938		1,069		1,275		1,260		1,339		1,283		1,248		(35)		348	2,669		(336)		(187)		912		161
2015										989		1,463		1,440		1,603		1,656		1,694		38		423	2,672		(483)		(270)		1,211		153
2016												898		1,146		1,162		1,171		1,274		103		526	2,172		-		-		1,274		526
2017														856		1,002		1,097		1,153		56		491	1,465		-		-		1,153		491
2018																648		646		721		75		368	865		-		-		721		368
2019																		577		583		6		477	615		-		-		583		477
2020																				406				399	320		-		-		406		399
Total																			$	11,498	$	110				$	(1,697)			$	9,801
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(6,459)		-					20				(6,439)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				2,110		(237)					(1,726)				384
Unallocated loss adjustment expense prior year development																						(22)
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	7,149	$	(149)				$	(3,403)			$	3,746

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
			Unaudited
2011	$	1,369	$	1,371	$	1,436	$	1,416	$	1,434	$	18
2012		1,175		1,163		1,254		1,214		1,137		(77)
2013		935		932		981		1,032		970		(62)
2014		902		905		915		844		912		68
2015		1,027		1,015		1,139		1,163		1,211		48
2016		898		1,146		1,162		1,171		1,274		103
2017		-		856		1,002		1,097		1,153		56
2018		-		-		648		646		721		75
2019		-		-		-		577		583		6
2020		-		-		-		-		406		-
Total	$	6,306	$	7,388	$	8,537	$	9,160	$	9,801	$	235
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										(6,439)		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										384		4
Unallocated loss adjustment expense prior year development										-		(33)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	3,746	$	206

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
			Unaudited
2011	$	(242)	$	(256)	$	(290)	$	(342)	$	(279)	$	63
2012		(362)		(323)		(304)		(288)		(253)		35
2013		(373)		(309)		(301)		(260)		(346)		(86)
2014		(373)		(355)		(424)		(439)		(336)		103
2015		(436)		(425)		(464)		(493)		(483)		10
2016		-		-		-		-		-		-
2017		-		-		-		-		-		-
2018		-		-		-		-		-		-
2019		-		-		-		-		-		-
2020		-		-		-		-		-		-
Total	$	(1,786)	$	(1,668)	$	(1,783)	$	(1,822)	$	(1,697)	$	125
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										20		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(1,726)		231
Unallocated loss adjustment expense prior year development												(11)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	(3,403)	$	345

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	5	$	63	$	225	$	387	$	716	$	921	$	1,069	$	1,214	$	1,257	$	1,330	$	(3)
2012				3		106		288		495		649		887		1,022		1,121		1,090		-
2013						15		105		207		387		578		705		819		882		(4)
2014								3		77		240		444		590		703		815		(6)
2015										9		210		391		718		935		1,061		(7)
2016												28		80		204		388		502		-
2017														1		45		156		505		-
2018																1		125		227		-
2019																		7		43		-
2020																				4		-
Total																			$	6,459	$	(20)

U.S. Other Casualty

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2020 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	2,033	$	2,202	$	2,302	$	2,439	$	2,585	$	2,620	$	2,582	$	2,517	$	2,515	$	2,524	$	9	$	94	75,604	$	(138)	$	(92)	$	2,386	$	2
2012				1,986		2,139		2,193		2,203		2,352		2,407		2,343		2,328		2,321		(7)		135	44,071		(186)		(131)		2,135		4
2013						1,653		1,729		1,912		2,148		2,185		2,164		2,211		2,196		(15)		217	39,140		(276)		(208)		1,920		9
2014								1,751		1,721		1,963		2,009		1,910		1,916		1,946		30		181	37,598		(245)		(164)		1,701		17
2015										1,329		1,762		1,829		1,736		1,794		1,834		40		171	34,918		(281)		(155)		1,553		16
2016												1,339		1,343		1,321		1,391		1,340		(51)		327	28,356		-		-		1,340		327
2017														602		629		738		674		(64)		211	20,389		-		-		674		211
2018																802		845		837		(8)		426	15,626		-		-		837		426
2019																		1,059		1,058		(1)		799	18,716		-		-		1,058		799
2020																				524				457	7,552		-		-		524		457
Total																			$	15,254	$	(67)				$	(1,126)			$	14,128
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(11,056)		-					24				(11,032)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				1,476		(40)					(1,052)				424
Unallocated loss adjustment expense prior year development																						(34)
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	5,674	$	(141)				$	(2,154)			$	3,520

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
			Unaudited
2011	$	2,398	$	2,395	$	2,414	$	2,376	$	2,386	$	10
2012		2,189		2,197		2,175		2,159		2,135		(24)
2013		1,948		1,960		1,929		1,948		1,920		(28)
2014		1,667		1,678		1,634		1,694		1,701		7
2015		1,361		1,373		1,423		1,493		1,553		60
2016		1,339		1,343		1,321		1,391		1,340		(51)
2017		-		602		629		738		674		(64)
2018		-		-		802		845		837		(8)
2019		-		-		-		1,059		1,058		(1)
2020		-		-		-		-		524		-
Total	$	10,902	$	11,548	$	12,327	$	13,703	$	14,128	$	(99)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										(11,032)		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										424		(24)
Unallocated loss adjustment expense prior year development										-		(32)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	3,520	$	(155)

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
			Unaudited
2011	$	(222)	$	(187)	$	(103)	$	(139)	$	(138)	$	1
2012		(163)		(210)		(168)		(169)		(186)		(17)
2013		(200)		(225)		(235)		(263)		(276)		(13)
2014		(296)		(331)		(276)		(222)		(245)		(23)
2015		(401)		(456)		(313)		(301)		(281)		20
2016		-		-		-		-		-		-
2017		-		-		-		-		-		-
2018		-		-		-		-		-		-
2019		-		-		-		-		-		-
2020		-		-		-		-		-		-
Total	$	(1,282)	$	(1,409)	$	(1,095)	$	(1,094)	$	(1,126)	$	(32)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										24		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(1,052)		30
Unallocated loss adjustment expense prior year development												2
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	(2,154)	$	-

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	235	$	722	$	1,102	$	1,481	$	1,814	$	2,039	$	2,210	$	2,289	$	2,339	$	2,381	$	(4)
2012				411		739		1,042		1,385		1,677		1,869		2,009		2,053		2,101		(3)
2013						169		594		962		1,248		1,485		1,688		1,809		1,885		(4)
2014								210		620		868		1,150		1,392		1,572		1,653		(5)
2015										105		309		769		1,087		1,351		1,485		(8)
2016												77		298		489		703		846		-
2017														51		111		216		314		-
2018																43		122		227		-
2019																		53		138		-
2020																				26		-
Total																			$	11,056	$	(24)

U.S. Financial Lines

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2020 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	1,844	$	1,765	$	1,934	$	1,925	$	1,960	$	1,991	$	2,023	$	2,015	$	2,012	$	2,004	$	(8)	$	31	20,074	$	(59)	$	(29)	$	1,945	$	2
2012				1,592		1,763		1,800		1,907		1,988		1,990		2,015		2,077		2,082		5		86	20,086		(134)		(75)		1,948		11
2013						1,790		1,719		1,670		1,613		1,555		1,497		1,509		1,550		41		87	19,003		(148)		(83)		1,402		4
2014								1,812		1,777		1,892		1,927		1,960		1,981		2,000		19		203	17,280		(241)		(140)		1,759		63
2015										1,737		1,762		1,743		1,788		1,830		1,874		44		192	15,857		(324)		(176)		1,550		16
2016												1,605		1,855		1,993		2,064		2,139		75		263	15,778		-		-		2,139		263
2017														1,564		1,675		1,756		1,846		90		418	14,950		-		-		1,846		418
2018																1,640		1,766		1,882		116		760	14,357		-		-		1,882		760
2019																		1,503		1,536		33		915	12,663		-		-		1,536		915
2020																				1,213				1,016	9,220		-		-		1,213		1,016
Total																			$	18,126	$	415				$	(906)			$	17,220
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(12,399)		-					27				(12,372)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				203		25					(213)				(10)
Unallocated loss adjustment expense prior year development																						39
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	5,930	$	479				$	(1,092)			$	4,838

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	1,966	$	1,973	$	1,989	$	1,958	$	1,945	$	(13)
2012		1,906		1,907		1,925		1,962		1,948		(14)
2013		1,442		1,429		1,408		1,409		1,402		(7)
2014		1,733		1,729		1,753		1,741		1,759		18
2015		1,429		1,430		1,462		1,552		1,550		(2)
2016		1,605		1,855		1,993		2,064		2,139		75
2017		-		1,564		1,675		1,756		1,846		90
2018		-		-		1,640		1,766		1,882		116
2019		-		-		-		1,503		1,536		33
2020		-		-		-		-		1,213		-
Total	$	10,081	$	11,887	$	13,845	$	15,711	$	17,220	$	296
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										(12,372)		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(10)		(25)
Unallocated loss adjustment expense prior year development										-		47
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	4,838	$	318

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	(25)	$	(50)	$	(26)	$	(54)	$	(59)	$	(5)
2012		(82)		(83)		(90)		(115)		(134)		(19)
2013		(171)		(126)		(89)		(100)		(148)		(48)
2014		(159)		(198)		(207)		(240)		(241)		(1)
2015		(333)		(313)		(326)		(278)		(324)		(46)
2016		-		-		-		-		-		-
2017		-		-		-		-		-		-
2018		-		-		-		-		-		-
2019		-		-		-		-		-		-
2020		-		-		-		-		-		-
Total	$	(770)	$	(770)	$	(738)	$	(787)	$	(906)	$	(119)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										27		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(213)		(23)
Unallocated loss adjustment expense prior year development												8
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	(1,092)	$	(134)

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	165	$	494	$	886	$	1,210	$	1,529	$	1,752	$	1,885	$	1,912	$	1,918	$	1,924	$	(1)
2012				73		403		812		1,250		1,494		1,622		1,687		1,859		1,904		(3)
2013						41		327		682		945		1,139		1,235		1,314		1,362		(3)
2014								66		366		849		1,158		1,387		1,573		1,658		(6)
2015										63		390		791		1,055		1,282		1,488		(14)
2016												73		499		1,002		1,358		1,659		-
2017														64		391		761		1,118		-
2018																86		486		835		-
2019																		94		367		-
2020																				84		-
Total																			$	12,399	$	(27)

U.S. Property and Specialty Risks

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2020 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	3,854	$	3,725	$	3,658	$	3,653	$	3,638	$	3,676	$	3,683	$	3,676	$	3,674	$	3,670	$	(4)	$	29	49,179	$	(22)	$	(12)	$	3,648	$	17
2012				4,168		4,279		4,261		4,219		4,331		4,322		4,304		4,288		4,284		(4)		59	48,424		(23)		(13)		4,261		46
2013						2,531		2,536		2,393		2,438		2,450		2,453		2,444		2,436		(8)		38	49,780		(36)		(20)		2,400		18
2014								2,946		2,715		2,787		2,773		2,792		2,772		2,752		(20)		77	60,227		(78)		(43)		2,674		34
2015										3,104		2,984		2,914		2,903		2,868		2,862		(6)		77	58,745		(99)		(54)		2,763		23
2016												3,152		3,189		3,103		3,089		3,094		5		100	53,912		-		-		3,094		100
2017														5,374		4,907		4,746		4,753		7		226	78,450		-		-		4,753		226
2018																3,734		3,800		3,777		(23)		338	67,915		-		-		3,777		338
2019																		2,841		2,836		(5)		247	76,438		-		-		2,836		247
2020																				4,492				2,426	59,238		-		-		4,492		2,426
Total																			$	34,956	$	(58)				$	(258)				34,698
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(28,705)		-					8				(28,697)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				311		(6)					(131)				180
Unallocated loss adjustment expense prior year development																						(16)
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	6,562	$	(80)				$	(381)				6,181

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	3,656	$	3,664	$	3,661	$	3,651	$	3,648	$	(3)
2012		4,304		4,297		4,285		4,262		4,261		(1)
2013		2,411		2,412		2,426		2,406		2,400		(6)
2014		2,720		2,712		2,728		2,696		2,674		(22)
2015		2,843		2,816		2,816		2,774		2,763		(11)
2016		3,152		3,189		3,103		3,089		3,094		5
2017		-		5,374		4,907		4,746		4,753		7
2018		-		-		3,734		3,800		3,777		(23)
2019		-		-		-		2,841		2,836		(5)
2020		-		-		-		-		4,492		-
Total	$	19,086	$	24,464	$	27,660	$	30,265	$	34,698	$	(59)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										(28,697)		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										180		13
Unallocated loss adjustment expense prior year development										-		(15)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	6,181	$	(61)

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	(20)	$	(19)	$	(15)	$	(23)	$	(22)	$	1
2012		(27)		(25)		(19)		(26)		(23)		3
2013		(27)		(38)		(27)		(38)		(36)		2
2014		(67)		(61)		(64)		(76)		(78)		(2)
2015		(141)		(98)		(87)		(94)		(99)		(5)
2016		-		-		-		-		-		-
2017		-		-		-		-		-		-
2018		-		-		-		-		-		-
2019		-		-		-		-		-		-
2020		-		-		-		-		-		-
Total	$	(282)	$	(241)	$	(212)	$	(257)	$	(258)	$	(1)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										8		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(131)		7
Unallocated loss adjustment expense prior year development												1
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	(381)	$	7

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	1,025	$	2,346	$	2,935	$	3,204	$	3,407	$	3,504	$	3,560	$	3,591	$	3,607	$	3,616	$	-
2012				841		2,712		3,407		3,772		3,989		4,117		4,149		4,183		4,199		-
2013						735		1,573		1,852		2,045		2,193		2,305		2,330		2,348		(1)
2014								914		1,763		2,115		2,329		2,469		2,561		2,600		(3)
2015										1,037		1,872		2,239		2,494		2,620		2,690		(4)
2016												1,000		2,029		2,365		2,616		2,801		-
2017														1,359		3,070		3,793		4,145		-
2018																1,060		2,678		3,079		-
2019																		1,138		2,046		-
2020																				1,181		-
Total																			$	28,705	$	(8)

U.S. Personal Insurance

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2020 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	1,886	$	1,908	$	1,896	$	1,891	$	1,890	$	1,886	$	1,881	$	1,879	$	1,878	$	1,879	$	1	$	1	413,231	$	(1)	$	(1)	$	1,878	$	-
2012				2,208		2,128		2,109		2,083		2,077		2,094		2,095		2,099		2,101		2		2	403,986		(1)		(1)		2,100		1
2013						1,887		1,816		1,803		1,782		1,780		1,776		1,777		1,778		1		1	335,278		(2)		(1)		1,776		-
2014								1,552		1,562		1,572		1,572		1,583		1,584		1,588		4		5	274,913		(4)		(2)		1,584		3
2015										1,511		1,498		1,494		1,483		1,482		1,485		3		9	260,773		(5)		(2)		1,480		7
2016												1,536		1,533		1,533		1,540		1,542		2		13	246,867		-		-		1,542		13
2017														1,878		2,137		2,011		2,057		46		187	218,879		-		-		2,057		187
2018																2,188		2,193		2,154		(39)		156	100,658		-		-		2,154		156
2019																		1,593		1,664		71		255	88,410		-		-		1,664		255
2020																				954				272	41,698		-		-		954		272
Total																			$	17,202	$	91				$	(13)				17,189
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(16,002)		-					2				(16,000)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				(67)		3					(6)				(73)
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	1,133	$	94				$	(17)				1,116

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	1,881	$	1,880	$	1,878	$	1,877	$	1,878	$	1
2012		2,088		2,091		2,093		2,098		2,100		2
2013		1,774		1,774		1,774		1,776		1,776		-
2014		1,564		1,564		1,571		1,580		1,584		4
2015		1,476		1,475		1,472		1,476		1,480		4
2016		1,536		1,533		1,533		1,540		1,542		2
2017		-		1,878		2,137		2,011		2,057		46
2018		-		-		2,188		2,193		2,154		(39)
2019		-		-		-		1,593		1,664		71
2020		-		-		-		-		954		-
Total	$	10,319	$	12,195	$	14,646	$	16,144	$	17,189	$	91
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										(16,000)		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(73)		3
Unallocated loss adjustment expense prior year development										-		-
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	1,116	$	94

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

	Calendar Years Ended December 31, (in millions)											Change in Incurred Loss and ALAE
Accident Year		2016		2017		2018		2019		2020
	Unaudited
2011	$	(5)	$	(1)	$	(1)	$	(1)	$	(1)	$	-
2012		11		(3)		(2)		(1)		(1)		-
2013		(8)		(6)		(2)		(1)		(2)		(1)
2014		(8)		(8)		(12)		(4)		(4)		-
2015		(22)		(19)		(11)		(6)		(5)		1
2016		-		-		-		-		-		-
2017		-		-		-		-		-		-
2018		-		-		-		-		-		-
2019		-		-		-		-		-		-
2020		-		-		-		-		-		-
Total	$	(32)	$	(37)	$	(28)	$	(13)	$	(13)	$	-
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below										2		-
Liabilities for losses and allocated loss adjustment expenses before 2011, net of reinsurance										(6)		1
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance									$	(17)	$	1

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2011	$	1,204	$	1,752	$	1,814	$	1,840	$	1,860	$	1,869	$	1,873	$	1,874	$	1,875	$	1,876	$	-
2012				1,238		1,936		1,996		2,035		2,065		2,079		2,085		2,095		2,098		-
2013						1,109		1,634		1,705		1,744		1,759		1,766		1,772		1,774		-
2014								959		1,380		1,463		1,507		1,536		1,555		1,568		(1)
2015										931		1,320		1,411		1,439		1,455		1,461		(1)
2016												857		1,344		1,422		1,460		1,501		-
2017														941		1,672		1,896		1,789		-
2018																1,227		1,939		1,973		-
2019																		884		1,295		-
2020																				667		-
Total																			$	16,002	$	(2)

UK/Europe Casualty and Financial Lines

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance*
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims
	Unaudited
2011	$	1,332	$	1,284	$	1,365	$	1,415	$	1,509	$	1,515	$	1,560	$	1,539	$	1,539	$	1,528	$	(11)	$	45	236,387
2012				1,153		1,128		1,090		1,176		1,239		1,214		1,272		1,258		1,273		15		57	178,428
2013						1,104		1,149		1,128		1,106		1,146		1,180		1,227		1,250		23		73	150,978
2014								1,104		1,075		1,100		1,106		1,100		1,188		1,131		(57)		85	149,799
2015										1,165		1,314		1,351		1,244		1,315		1,300		(15)		136	155,761
2016												1,403		1,543		1,581		1,587		1,681		94		243	175,940
2017														1,433		1,405		1,334		1,418		84		358	184,069
2018																1,463		1,502		1,590		88		551	191,493
2019																		1,380		1,411		31		680	175,315
2020																				1,382				1,086	101,348
Total																			$	13,964	$	252
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(7,925)		-
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				787		6
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	6,826	$	258
* The losses reported in the table are not covered by the Adverse Development Reinsurance Agreement.

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance*
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020
	Unaudited
2011	$	132	$	365	$	551	$	798	$	948	$	1,075	$	1,189	$	1,257	$	1,314	$	1,338
2012				111		321		469		660		797		890		997		1,052		1,082
2013						95		357		514		662		783		904		981		1,033
2014								76		273		434		560		667		736		803
2015										74		253		456		599		724		905
2016												126		402		620		818		980
2017														103		298		476		637
2018																120		380		603
2019																		94		410
2020																				134
Total																			$	7,925
* The losses reported in the table are not covered by the Adverse Development Reinsurance Agreement.

UK/Europe Property and Special Risks

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance*
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims
	Unaudited
2011	$	1,461	$	1,388	$	1,263	$	1,226	$	1,194	$	1,183	$	1,181	$	1,170	$	1,166	$	1,152	$	(14)	$	(1)	44,583
2012				1,390		1,256		1,184		1,167		1,147		1,152		1,135		1,115		1,121		6		12	40,133
2013						1,475		1,464		1,349		1,330		1,312		1,300		1,281		1,273		(8)		-	40,004
2014								1,519		1,546		1,523		1,514		1,522		1,496		1,458		(38)		(3)	48,374
2015										1,654		1,598		1,580		1,541		1,515		1,509		(6)		16	53,754
2016												1,619		1,768		1,760		1,761		1,757		(4)		24	56,625
2017														1,735		1,685		1,677		1,676		(1)		40	52,864
2018																1,700		1,643		1,614		(29)		101	43,078
2019																		1,238		1,177		(61)		160	30,713
2020																				1,489				662	17,731
Total																			$	14,226	$	(155)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(11,590)		-
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				43		-
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	2,679	$	(155)
* The losses reported in the table are not covered by the Adverse Development Reinsurance Agreement.

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance*
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020
	Unaudited
2011	$	349	$	800	$	998	$	1,074	$	1,098	$	1,117	$	1,125	$	1,132	$	1,136	$	1,138
2012				288		745		940		1,009		1,055		1,082		1,092		1,099		1,099
2013						344		843		1,075		1,153		1,203		1,225		1,235		1,242
2014								329		959		1,250		1,321		1,361		1,388		1,399
2015										360		966		1,256		1,370		1,393		1,418
2016												479		1,167		1,427		1,571		1,618
2017														366		999		1,273		1,419
2018																329		1,021		1,219
2019																		293		719
2020																				319
Total																			$	11,590
* The losses reported in the table are not covered by the Adverse Development Reinsurance Agreement.

UK/Europe and Japan Personal Insurance

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance*
	Years Ended December 31, (in millions)																							December 31, 2020
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020		2020 Prior Year Development		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims
	Unaudited
2011	$	3,503	$	3,567	$	3,531	$	3,533	$	3,522	$	3,525	$	3,516	$	3,515	$	3,514	$	3,515	$	1	$	3	1,758,202
2012				3,086		3,067		3,046		3,030		3,040		3,029		3,026		3,025		3,025		-		3	1,737,969
2013						2,925		2,925		2,889		2,889		2,884		2,879		2,875		2,875		-		5	1,738,818
2014								2,884		2,893		2,874		2,872		2,863		2,863		2,863		-		6	1,789,156
2015										2,958		2,932		2,933		2,921		2,919		2,920		1		12	1,773,689
2016												2,904		2,898		2,882		2,873		2,869		(4)		18	1,800,392
2017														2,841		2,752		2,732		2,728		(4)		30	1,721,690
2018																3,389		3,306		3,309		3		101	1,898,738
2019																		2,727		2,688		(39)		152	1,694,072
2020																				2,454				542	1,264,520
Total																			$	29,246	$	(42)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(27,077)		-
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2011, net of reinsurance																				50		3
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	2,219	$	(39)
* The losses reported in the table are not covered by the Adverse Development Reinsurance Agreement.

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance*
	Years Ended December 31, (in millions)
Accident Year		2011		2012		2013		2014		2015		2016		2017		2018		2019		2020
	Unaudited
2011	$	2,132	$	2,991	$	3,243	$	3,363	$	3,430	$	3,462	$	3,479	$	3,489	$	3,494	$	3,497
2012				1,726		2,526		2,769		2,884		2,944		2,977		2,994		3,003		3,007
2013						1,606		2,398		2,630		2,744		2,804		2,837		2,850		2,858
2014								1,576		2,372		2,609		2,728		2,788		2,814		2,829
2015										1,597		2,414		2,653		2,780		2,826		2,859
2016												1,598		2,376		2,608		2,721		2,779
2017														1,562		2,327		2,531		2,620
2018																1,994		2,795		3,018
2019																		1,561		2,277
2020																				1,333
Total																			$	27,077
* The losses reported in the table are not covered by the Adverse Development Reinsurance Agreement.