XML 92 R98.htm IDEA: XBRL DOCUMENT v2.4.1.9
Pension Plans, Retirement Benefits and Savings Plans (details) - Fair Value (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets $ 3,357us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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$ 3,203us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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$ 2,859us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
Postretirement Benefit Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 16us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
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18us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
Level 1 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 2,552us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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2,543us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 803us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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656us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Level 2 [Member] | Postretirement Benefit Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 16us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
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Level 3 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 2us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_FairValueInputsLevel3Member
 
Fixed maturities [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 524us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_DebtSecuritiesMember
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= us-gaap_DebtSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
 
Fixed maturities [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 524us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_DebtSecuritiesMember
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490us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Obligations of states, municipalities and political subdivisions [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 19us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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18us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
 
Obligations of states, municipalities and political subdivisions [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 19us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
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18us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Debt securities issued by foreign governments [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 17us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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14us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Debt securities issued by foreign governments [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 17us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_ForeignGovernmentDebtSecuritiesMember
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14us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_FairValueInputsLevel2Member
 
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 14us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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11us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
 
Mortgage-backed securities, collateralized mortgage obligations and pass-through securities [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 14us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
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= us-gaap_FairValueInputsLevel2Member
11us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_ResidentialMortgageBackedSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
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= us-gaap_FairValueInputsLevel2Member
 
All other corporate bonds [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 474us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_OtherDebtSecuritiesMember
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447us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_OtherDebtSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
 
All other corporate bonds [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 474us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_OtherDebtSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
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= us-gaap_FairValueInputsLevel2Member
447us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_OtherDebtSecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
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= us-gaap_FairValueInputsLevel2Member
 
Total mutual funds [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 1,900us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= trv_TotalMutualFundsMember
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= us-gaap_PensionPlansDefinedBenefitMember
1,801us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= trv_TotalMutualFundsMember
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= us-gaap_PensionPlansDefinedBenefitMember
 
Total mutual funds [Member] | Level 1 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 1,890us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= trv_TotalMutualFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
1,801us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= trv_TotalMutualFundsMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Total mutual funds [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 10us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= trv_TotalMutualFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Equity mutual funds [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 1,290us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquityFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
1,355us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquityFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Equity mutual funds [Member] | Level 1 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 1,283us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquityFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
1,355us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquityFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Equity mutual funds [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquityFundsMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Bond mutual funds [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 610us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
446us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Bond mutual funds [Member] | Level 1 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 607us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
446us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Bond mutual funds [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 3us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_FixedIncomeFundsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Equity securities [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 616us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
571us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_EquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Equity securities [Member] | Level 1 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 615us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
570us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_EquitySecuritiesMember
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Equity securities [Member] | Level 2 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
 
Other investments [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 2us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= trv_OtherInvestmentsIncludingOtherThanSecuritiesInvestmentsMember
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4us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= us-gaap_PensionPlansDefinedBenefitMember
 
Other investments [Member] | Level 3 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 2us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= trv_OtherInvestmentsIncludingOtherThanSecuritiesInvestmentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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4us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
6us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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= trv_OtherInvestmentsIncludingOtherThanSecuritiesInvestmentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Cash and short-term securities [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 315us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashAndCashEquivalentsMember
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= us-gaap_PensionPlansDefinedBenefitMember
337us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Cash and short-term securities [Member] | Level 1 [Member] | Pension Plans [Member]      
Defined benefit plan disclosure      
Fair value of plan assets 47us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= us-gaap_CashAndCashEquivalentsMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
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