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Investments (details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
item
Investments disclosure      
Fixed maturities, due in one year or less, amortized cost $ 5,634,000,000    
Fixed maturities, due after 1 year through 5 years, amortized cost 21,498,000,000    
Fixed maturities, due after 5 years through 10 years, amortized cost 16,789,000,000    
Fixed maturities, due after 10 years, amortized cost 14,164,000,000    
Fixed maturities excluding mortgage-backed securities, collateralized mortgage obligations and pass-through securities, amortized cost 58,085,000,000    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities, amortized cost 2,744,000,000    
Fixed maturities, amortized cost 60,829,000,000 59,994,000,000  
Fixed maturities, due in one year or less, fair value 5,719,000,000    
Fixed maturities, due after 1 year through 5 years, fair value 22,944,000,000    
Fixed maturities, due after 5 years through 10 years, fair value 18,329,000,000    
Fixed maturities, due after 10 years, fair value 15,404,000,000    
Fixed maturities excluding mortgage-backed securities, collateralized mortgage obligations and pass-through securities, fair value 62,396,000,000    
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities, fair value 2,997,000,000    
Fixed maturities, at fair value 65,393,000,000 64,232,000,000  
Securities on loan as part of a tri-party lending agreement 403,000,000 126,000,000  
Proceeds from sales of fixed maturities classified as available for sale 1,087,000,000 1,161,000,000 3,713,000,000
Insurance subsidiaries' securities on deposit at financial institutions in certain states pursuant to the respective states' insurance regulatory requirements 4,940,000,000 4,700,000,000  
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 68,000,000 90,000,000  
Fair value of other investments pledged as collateral securing outstanding letters of credit 56,000,000 59,000,000  
Proceeds from sales of equity securities 37,000,000 135,000,000 201,000,000
Proceeds from sale of investment in Verisk, equity securities     115,000,000
Proceeds from sale of investment in Verisk, other investments     115,000,000
Proceeds from sale of real estate investments 53,000,000   10,000,000
Accumulated depreciation on real estate held for investment purposes 255,000,000 237,000,000  
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2013 76,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2014 69,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2015 59,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2016 43,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2017 29,000,000    
Future minimum rental income expected on operating leases relating to the Company's real estate properties for 2018 and thereafter 49,000,000    
Combined average days to maturity of short-term securities (in days) 0 years 0 months 77 days    
Amortized cost of short-term securities (which approximates fair value) 3,480,000,000 3,590,000,000  
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 Other than U.S. Treasury securities and obligations of U.S. government and government agencies and authorities, the Company was not exposed to any concentration of credit risk of a single issuer greater than 5% of shareholders' equity of the Company. Other than U.S. Treasury securities and obligations of U.S. government and government agencies and authorities, 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 2,050,000,000 1,960,000,000  
Gross investment income 2,925,000,000 2,910,000,000 3,093,000,000
Investment expenses 36,000,000 31,000,000 34,000,000
Net investment income 2,889,000,000 2,879,000,000 3,059,000,000
Notional value of the open U.S. Treasury futures contracts 800,000,000 900,000,000  
Net realized investment losses related to U.S. Treasury futures contracts 14,000,000 62,000,000 30,000,000
Net realized investment gains related to Platinum warrants     5,000,000
Number of non-public stock purchase warrants of Platinum Underwriters Holdings, Ltd. owned     6,000,000
Net realized investment losses related to embedded derivatives   $ 2,000,000 $ 1,000,000
Net realized investment losses related to embedded derivatives less than $1 million