XML 92 R74.htm IDEA: XBRL DOCUMENT v3.22.0.1
Reinsurance (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Reinsurance Disclosures [Abstract]      
Percentage of residual market business written directly by the Company for mandatory pools and associations and then ceded to the mandatory pool 100.00%    
Written premiums, direct $ 33,180 $ 30,762 $ 30,022
Written premiums, assumed 1,064 1,001 1,041
Written premiums, ceded (2,285) (2,031) (1,912)
Total net written premiums 31,959 29,732 29,151
Earned premiums, direct 31,977 29,978 28,994
Earned premiums, assumed 1,032 1,010 1,076
Earned premiums, ceded (2,154) (1,944) (1,798)
Total net earned premiums $ 30,855 $ 29,044 $ 28,272
Percentage of assumed earned premiums to net earned premiums 3.30% 3.50% 3.80%
Ceded claims and claim adjustment expenses incurred $ 1,184 $ 1,030 $ 1,089
Gross reinsurance recoverables on paid and unpaid claims and claim adjustment expenses excluding structured settlements and mandatory pools and associations 3,931 3,731  
Gross structured settlements 2,900 2,964  
Mandatory pools and associations 1,762 1,801  
Gross reinsurance recoverables 8,593 8,496  
Allowance for uncollectible reinsurance (141) (146) (92)
Net reinsurance recoverables 8,452 $ 8,350 $ 8,235
Terrorism Risk Insurance Program, annual aggregate industry loss minimum in order for a loss to be covered $ 200    
Terrorism Risk Insurance Program, percentage of subject losses reimbursed by the Federal Government, after insurer deductible, subject to annual cap 80.00%    
Terrorism Risk Insurance Program, percentage of insurer's direct earned premiums for covered lines for the preceding calendar year at which the deductible is set 20.00%    
Terrorism Risk Insurance Program, Company's estimated deductible for the next fiscal year $ 2,710    
Terrorism Risk Insurance Program, annual cap limiting amount of aggregate subject losses for all participating insurers 100,000    
Terrorism Risk Insurance Program, terrorism-related losses triggering program coverage since program was established $ 0