Schedule V - Supplemental Information Concerning Property and Casualty Insurance Operations (Detail) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
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SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract] | |||
Deferred acquisition costs | $ 632 | $ 632 | |
Reserves for unpaid claim and claim adjustment expenses | 21,984 | 22,004 | |
Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 8.0%) | 1,388 | 1,434 | |
Unearned premiums | 4,183 | 4,029 | |
Net written premiums | 7,345 | 7,069 | $ 6,988 |
Net earned premiums | 7,312 | 6,988 | 6,924 |
Net investment income | 1,751 | 1,992 | 1,952 |
Incurred claim and claim adjustment expenses related to current year | 5,358 | 5,201 | 5,025 |
Incurred claim and claim adjustment expenses related to prior years | (179) | (381) | (342) |
Amortization of deferred acquisition costs | 1,335 | 1,233 | 1,235 |
Paid claim and claim adjustment expenses | $ 5,331 | $ 5,341 | $ 5,134 |
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- References No definition available.
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- Definition Amount of amortization expense on deferred policy acquisition cost for property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after effects of reinsurance, of expense for claims incurred in the current reporting period and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of deferred policy acquisition cost related to property-casualty insurance policy written. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of discount deducted from reserve for unpaid claim and claim adjustment expense by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of premium revenue earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of net investment income earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of loss reported and paid for claim and claim adjustment expense by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of premium written by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of reserve, policy claim payable and loss expense incurred by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of premium written but not yet earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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