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Investments (details) (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Investments disclosure details      
Fixed maturities, due in one year or less, amortized cost $ 5,829,000,000    
Fixed maturities, due after 1 year through 5 years, amortized cost 19,843,000,000    
Fixed maturities, due after 5 years through 10 years, amortized cost 17,107,000,000    
Fixed maturities, due after 10 years, amortized cost 13,927,000,000    
Fixed maturities excluding mortgage-backed securities, collateralized mortgage obligations and pass-through securities, amortized cost 56,706,000,000    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities, amortized cost 3,288,000,000    
Fixed maturities, amortized cost 59,994,000,000 60,170,000,000  
Fixed maturities, due in one year or less, fair value 5,901,000,000    
Fixed maturities, due after 1 year through 5 years, fair value 21,144,000,000    
Fixed maturities, due after 5 years through 10 years, fair value 18,694,000,000    
Fixed maturities, due after 10 years, fair value 14,978,000,000    
Fixed maturities excluding mortgage-backed securities, collateralized mortgage obligations and pass-through securities, fair value 60,717,000,000    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities, fair value 3,515,000,000    
Fixed maturities, at fair value 64,232,000,000 62,820,000,000  
Securities on loan as part of a tri-party lending agreement 126,000,000 186,000,000  
Proceeds from sales of fixed maturities classified as available for sale 1,161,000,000 3,713,000,000 2,805,000,000
Insurance subsidiaries' securities on deposit at financial institutions in certain states pursuant to the respective states' insurance regulatory requirements 4,700,000,000 4,510,000,000  
Fair value of funds deposited with third parties to be used as collateral to secure various liabilities on behalf of insureds, cedants and other creditors 90,000,000 86,000,000  
Fair value of other investments pledged as collateral securing outstanding letters of credit 59,000,000 88,000,000  
Proceeds from sales of equity securities 135,000,000 201,000,000 65,000,000
Proceeds from sale of investment in Verisk, equity securities   115,000,000  
Proceeds from sale of investment in Verisk, other investments   115,000,000 184,000,000
Proceeds from sale of real estate investments   10,000,000  
Accumulated depreciation on real estate held for investment purposes 226,000,000 200,000,000  
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2012 80,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2013 72,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2014 62,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2015 53,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2016 36,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2017 and thereafter 56,000,000    
Combined average days to maturity of short-term securities (in days) 79    
Amortized cost of short-term securities (which approximates fair value) 3,590,000,000 5,620,000,000  
Unrealized investment losses for securities for which fair value is less than 80% of amortized cost, as a percentage of the combined fixed maturity and equity security portfolios on a pretax basis less than 1%    
Unrealized investment losses for securities for which fair value is less than 80% of amortized cost, as a percentage of shareholders' equity on an after-tax basis less than 1%    
Concentration of credit risk The Company was not exposed to any concentration of credit risk of a single issuer greater than 5% of shareholders' equity of the Company. The Company was not exposed to any concentration of credit risk of a single issuer greater than 5% of shareholders' equity of the Company.  
Below investment grade assets included in fixed maturities 1,960,000,000 1,880,000,000  
Gross investment income 2,910,000,000 3,093,000,000 2,809,000,000
Investment expenses 31,000,000 34,000,000 33,000,000
Net investment income 2,879,000,000 3,059,000,000 2,776,000,000
Notional value of the open U.S. Treasury futures contract 900,000,000 400,000,000  
Net realized investment gains (losses) related to U.S. Treasury futures contracts (62,000,000) (30,000,000) 23,000,000
Net realized investment gains related to Platinum warrants   5,000,000 7,000,000
Number of non-public stock purchase warrants of Platinum Underwriters Holdings, Ltd. owned   $ 6,000,000 $ 6,000,000
Net realized investment gains (losses) related to embedded derivatives $ (2,000,000) $ (1,000,000) $ 1,000,000