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Schedule V
12 Months Ended
Dec. 31, 2014
Schedule V  
Schedule V [Text Block]

SCHEDULE V

THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
Valuation and Qualifying Accounts
(in millions)

 
  Balance at
beginning of
period
  Charged to
costs and
expenses
  Charged to
other
accounts(1)
  Deductions(2)   Balance
at end of
period
 

2014

                               

Reinsurance recoverables

  $ 239   $   $   $ 36   $ 203  

Allowance for uncollectible:

                               

Premiums receivable from underwriting activities

  $ 75   $ 44   $   $ 49   $ 70  

Deductibles

  $ 39   $   $   $ 3   $ 36  

2013

   
 
   
 
   
 
   
 
   
 
 

Reinsurance recoverables

  $ 258   $   $ 2   $ 21   $ 239  

Allowance for uncollectible:

                               

Premiums receivable from underwriting activities

  $ 76   $ 48   $   $ 49   $ 75  

Deductibles

  $ 41   $ 1   $   $ 3   $ 39  

2012

   
 
   
 
   
 
   
 
   
 
 

Reinsurance recoverables

  $ 345   $   $   $ 87   $ 258  

Allowance for uncollectible:

                               

Premiums receivable from underwriting activities

  $ 83   $ 44   $   $ 51   $ 76  

Deductibles

  $ 40   $ 4   $   $ 3   $ 41  

(1)
Amount in 2013 represents allowance for uncollectible reinsurance recoverables acquired November 1, 2013 as part of the Company's acquisition of Dominion.

(2)
Credited to the related asset account.

  See the accompanying Report of Independent Registered Public Accounting Firm.