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Segment Information
 9 Months Ended
Sep. 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 September 30, in millions) Business
Insurance		Bond & Specialty
Insurance		Personal
Insurance		Total
Reportable
Segments
2022    
Premiums$4,353 $877 $3,385 $8,615 
Net investment income426 65 102 593 
Fee income96 — 8 104 
Other revenues56 6 22 84 
Total segment revenues (1)
$4,931 $948 $3,517 $9,396 
Segment income (loss) (1)
$471 $242 $(111)$602 
2021    
Premiums$3,970 $806 $3,053 $7,829 
Net investment income575 63 133 771 
Fee income90 — 7 97 
Other revenues69 5 26 100 
Total segment revenues (1)
$4,704 $874 $3,219 $8,797 
Segment income (loss) (1)
$558 $174 $(2)$730 
________________________________________________________
(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 nine months ended September 30, in millions) Business
Insurance		Bond & Specialty
Insurance		Personal
Insurance		Total
Reportable
Segments
2022    
Premiums$12,642 $2,548 $9,756 $24,946 
Net investment income1,415 188 334 1,937 
Fee income285 — 22 307 
Other revenues194 14 61 269 
Total segment revenues (1)
$14,536 $2,750 $10,173 $27,459 
Segment income (loss) (1)
$1,806 $687 $(79)$2,414 
2021    
Premiums$11,649 $2,325 $8,857 $22,831 
Net investment income1,713 186 391 2,290 
Fee income282 — 20 302 
Other revenues179 17 73 269 
Total segment revenues (1)
$13,823 $2,528 $9,341 $25,692 
Segment income (1)
$1,518 $498 $433 $2,449 
_________________________________________________________
(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."
Business Segment Reconciliations
 Three Months Ended
September 30,		Nine Months Ended
September 30,
(in millions)2022202120222021
Revenue reconciliation    
Earned premiums    
Business Insurance:    
Domestic:    
Workers’ compensation$872 $789 $2,566 $2,410 
Commercial automobile754 718 2,202 2,122 
Commercial property668 582 1,914 1,669 
General liability728 662 2,116 1,887 
Commercial multi-peril1,057 939 3,034 2,708 
Other19 17 52 45 
Total Domestic4,098 3,707 11,884 10,841 
International255 263 758 808 
Total Business Insurance4,353 3,970 12,642 11,649 
Bond & Specialty Insurance:    
Domestic:    
Fidelity and surety307 277 876 819 
General liability396 365 1,154 1,043 
Other57 54 166 165 
Total Domestic760 696 2,196 2,027 
International117 110 352 298 
Total Bond & Specialty Insurance877 806 2,548 2,325 
Personal Insurance:    
Domestic:    
Automobile1,575 1,445 4,544 4,220 
Homeowners and Other1,648 1,437 4,714 4,122 
Total Domestic3,223 2,882 9,258 8,342 
International162 171 498 515 
Total Personal Insurance3,385 3,053 9,756 8,857 
Total earned premiums8,615 7,829 24,946 22,831 
Net investment income593 771 1,937 2,290 
Fee income104 97 307 302 
Other revenues84 100 269 269 
Total segment revenues9,396 8,797 27,459 25,692 
Net realized investment gains (losses)(93)8 (211)113 
Total revenues$9,303 $8,805 $27,248 $25,805 
Income reconciliation, net of tax    
Total segment income$602 $730 $2,414 $2,449 
Interest Expense and Other (1)
(76)(75)(226)(216)
Core income526 655 2,188 2,233 
Net realized investment gains (losses)(72)7 (165)88 
Impact of changes in tax laws and/or tax rates (2)
— — — 8 
Net income$454 $662 $2,023 $2,329 
_________________________________________________________
(1)The primary component of Interest Expense and Other was after-tax interest expense of $70 million and $69 million for the three months ended September 30, 2022 and 2021, respectively, and $208 million and $199 million for the nine months ended September 30, 2022 and 2021, respectively.
(2)Impact is recognized in the accounting period in which the change is enacted.
(in millions)September 30,
2022		December 31,
2021
Asset reconciliation  
Business Insurance$85,149 $90,353 
Bond & Specialty Insurance10,128 10,146 
Personal Insurance18,069 18,983 
Total assets by reportable segment113,346 119,482 
Other assets (1)
971 984 
Total consolidated assets$114,317 $120,466 
 _________________________________________________________
(1)The primary components of other assets at both September 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.