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Segment Information
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Nature of Operations
 
The Company’s results are reported in the following three business segments — Business Insurance, Bond & Specialty Insurance and Personal Insurance. These segments reflect the manner in which the Company’s businesses are currently managed and represent an aggregation of products and services based on the type of customer, how the business is marketed and the manner in which risks are underwritten. For more information regarding the Company’s nature of operations, see the “Nature of Operations” section of note 1 of notes to the consolidated financial statements in the Company’s 2021 Annual Report.
The following tables summarize the components of the Company’s revenues, income and total assets by reportable business segments:
(For the three months ended March 31, in millions) Business
Insurance		Bond & Specialty
Insurance		Personal
Insurance		Total
Reportable
Segments
2022    
Premiums$4,071 $820 $3,123 $8,014 
Net investment income468 59 110 637 
Fee income96 — 7 103 
Other revenues53 4 21 78 
Total segment revenues (1)
$4,688 $883 $3,261 $8,832 
Segment income (1)
$669 $217 $225 $1,111 
2021    
Premiums$3,799 $743 $2,844 $7,386 
Net investment income523 59 119 701 
Fee income95 — 6 101 
Other revenues53 5 23 81 
Total segment revenues (1)
$4,470 $807 $2,992 $8,269 
Segment income (1)
$317 $137 $314 $768 
_________________________________________________________
(1)Segment revenues for reportable business segments exclude net realized investment gains (losses) and revenues included in "interest expense and other." Segment income for reportable business segments equals net income excluding the after-tax impact of net realized investment gains (losses) and income (loss) from "interest expense and other."
Business Segment Reconciliations
 Three Months Ended
March 31,
(in millions)20222021
Revenue reconciliation  
Earned premiums  
Business Insurance:  
Domestic:  
Workers’ compensation$830 $811 
Commercial automobile713 695 
Commercial property608 531 
General liability688 607 
Commercial multi-peril967 870 
Other17 14 
Total Domestic3,823 3,528 
International248 271 
Total Business Insurance4,071 3,799 
Bond & Specialty Insurance:  
Domestic:  
Fidelity and surety274 266 
General liability373 331 
Other55 56 
Total Domestic702 653 
International118 90 
Total Bond & Specialty Insurance820 743 
Personal Insurance:  
Domestic:  
Automobile1,458 1,370 
Homeowners and Other1,496 1,308 
Total Domestic2,954 2,678 
International169 166 
Total Personal Insurance3,123 2,844 
Total earned premiums8,014 7,386 
Net investment income637 701 
Fee income103 101 
Other revenues78 81 
Total segment revenues8,832 8,269 
Net realized investment gains (losses)(23)44 
Total revenues$8,809 $8,313 
Income reconciliation, net of tax  
Total segment income$1,111 $768 
Interest Expense and Other (1)
(74)(69)
Core income1,037 699 
Net realized investment gains (losses)(19)34 
Net income$1,018 $733 
_________________________________________________________
(1) The primary component of Interest Expense and Other was after-tax interest expense of $69 million and $65 million for the three months ended March 31, 2022 and 2021, respectively.
(in millions)March 31,
2022		December 31,
2021
Asset reconciliation  
Business Insurance$89,036 $90,353 
Bond & Specialty Insurance10,171 10,146 
Personal Insurance18,527 18,983 
Total assets by reportable segment117,734 119,482 
Other assets (1)
858 984 
Total consolidated assets$118,592 $120,466 
 _________________________________________________________
(1)The primary components of other assets at both March 31, 2022 and December 31, 2021 were accrued over-funded benefit plan assets related to the Company’s qualified domestic pension plan and other intangible assets.