XML 40 R29.htm IDEA: XBRL DOCUMENT v3.19.2
Insurance Claim Reserves (Tables)
6 Months Ended
Jun. 30, 2019
Insurance Loss Reserves [Abstract]  
Claims and claim adjustment expense reserves [Table Text Block]
Claims and claim adjustment expense reserves were as follows:
(in millions)
 
June 30,
2019
 
December 31,
2018
Property-casualty
 
$
51,059

 
$
50,653

Accident and health
 
14

 
15

Total
 
$
51,073

 
$
50,668


Reconciliation of beginning and ending property casualty reserve balances for claims and claim adjustment expenses [Table Text Block]
The following table presents a reconciliation of beginning and ending property casualty reserve balances for claims and claim adjustment expenses:
 
 
 
Six Months Ended
June 30,
(in millions)
 
2019
 
2018
Claims and claim adjustment expense reserves at beginning of year
 
$
50,653

 
$
49,633

Less reinsurance recoverables on unpaid losses
 
8,182

 
8,123

Net reserves at beginning of year
 
42,471

 
41,510

 
 
 
 
 
Estimated claims and claim adjustment expenses for claims arising in the current year
 
9,329

 
9,084

Estimated decrease in claims and claim adjustment expenses for claims arising in prior years
 
(118
)
 
(268
)
Total increases
 
9,211

 
8,816

 
 
 
 
 
Claims and claim adjustment expense payments for claims arising in:
 
 

 
 

Current year
 
2,810

 
2,851

Prior years
 
5,897

 
5,454

Total payments
 
8,707

 
8,305

Unrealized foreign exchange (gain) loss
 
62

 
(102
)
Net reserves at end of period
 
43,037

 
41,919

Plus reinsurance recoverables on unpaid losses
 
8,022

 
8,026

Claims and claim adjustment expense reserves at end of period
 
$
51,059

 
$
49,945