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Segment Information
 6 Months Ended
Jun. 30, 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 the 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 (loss) and total assets by reportable business segments:
(For the three months ended June 30, in millions) Business
Insurance		Bond & Specialty
Insurance		Personal
Insurance		Total
Reportable
Segments
2022    
Premiums$4,218 $851 $3,248 $8,317 
Net investment income521 64 122 707 
Fee income93 — 7 100 
Other revenues85 4 18 107 
Total segment revenues (1)
$4,917 $919 $3,395 $9,231 
Segment income (loss) (1)
$666 $228 $(193)$701 
2021    
Premiums$3,880 $776 $2,960 $7,616 
Net investment income615 64 139 818 
Fee income97 — 7 104 
Other revenues57 7 24 88 
Total segment revenues (1)
$4,649 $847 $3,130 $8,626 
Segment income (1)
$643 $187 $121 $951 
________________________________________________________
(1)Segment revenues for reportable business segments exclude net realized investment gains (losses) and revenues included in "interest expense and other." Segment income (loss) for reportable business segments excludes the after-tax impact of net realized investment gains (losses) and income (loss) from "interest expense and other."
(For the six months ended June 30, in millions) Business
Insurance		Bond & Specialty
Insurance		Personal
Insurance		Total
Reportable
Segments
2022    
Premiums$8,289 $1,671 $6,371 $16,331 
Net investment income989 123 232 1,344 
Fee income189 — 14 203 
Other revenues138 8 39 185 
Total segment revenues (1)
$9,605 $1,802 $6,656 $18,063 
Segment income (1)
$1,335 $445 $32 $1,812 
2021    
Premiums$7,679 $1,519 $5,804 $15,002 
Net investment income1,138 123 258 1,519 
Fee income192 — 13 205 
Other revenues110 12 47 169 
Total segment revenues (1)
$9,119 $1,654 $6,122 $16,895 
Segment income (1)
$960 $324 $435 $1,719 
_________________________________________________________
(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 excludes the after-tax impact of net realized investment gains (losses) and income (loss) from "interest expense and other."
Business Segment Reconciliations
 Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2022202120222021
Revenue reconciliation    
Earned premiums    
Business Insurance:    
Domestic:    
Workers’ compensation$864 $810 $1,694 $1,621 
Commercial automobile735 709 1,448 1,404 
Commercial property638 556 1,246 1,087 
General liability700 618 1,388 1,225 
Commercial multi-peril1,010 899 1,977 1,769 
Other16 14 33 28 
Total Domestic3,963 3,606 7,786 7,134 
International255 274 503 545 
Total Business Insurance4,218 3,880 8,289 7,679 
Bond & Specialty Insurance:    
Domestic:    
Fidelity and surety295 276 569 542 
General liability385 347 758 678 
Other54 55 109 111 
Total Domestic734 678 1,436 1,331 
International117 98 235 188 
Total Bond & Specialty Insurance851 776 1,671 1,519 
Personal Insurance:    
Domestic:    
Automobile1,511 1,405 2,969 2,775 
Homeowners and Other1,570 1,377 3,066 2,685 
Total Domestic3,081 2,782 6,035 5,460 
International167 178 336 344 
Total Personal Insurance3,248 2,960 6,371 5,804 
Total earned premiums8,317 7,616 16,331 15,002 
Net investment income707 818 1,344 1,519 
Fee income100 104 203 205 
Other revenues107 88 185 169 
Total segment revenues9,231 8,626 18,063 16,895 
Net realized investment gains (losses)(95)61 (118)105 
Total revenues$9,136 $8,687 $17,945 $17,000 
Income reconciliation, net of tax    
Total segment income$701 $951 $1,812 $1,719 
Interest Expense and Other (1)
(76)(72)(150)(141)
Core income625 879 1,662 1,578 
Net realized investment gains (losses)(74)47 (93)81 
Impact of changes in tax laws and/or tax rates (2)
— 8 — 8 
Net income$551 $934 $1,569 $1,667 
_________________________________________________________
(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 June 30, 2022 and 2021, respectively, and $138 million and $130 million for the six months ended June 30, 2022 and 2021, respectively.
(2)Impact is recognized in the accounting period in which the change is enacted.
(in millions)June 30,
2022		December 31,
2021
Asset reconciliation  
Business Insurance$87,092 $90,353 
Bond & Specialty Insurance10,167 10,146 
Personal Insurance18,366 18,983 
Total assets by reportable segment115,625 119,482 
Other assets (1)
962 984 
Total consolidated assets$116,587 $120,466 
 _________________________________________________________
(1)The primary components of other assets at both June 30, 2022 and December 31, 2021 were the over-funded benefit plan assets related to the Company’s qualified domestic pension plan and other intangible assets.