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Reinsurance (tables)
12 Months Ended
Dec. 31, 2015
Reinsurance disclosure  
Summary of reinsurance financial data [Table Text Block]

 

 

(for the year ended December 31, in millions)
  2015   2014   2013  

Written premiums

                   

Direct

  $ 24,939   $ 24,844   $ 23,952  

Assumed

    843     788     705  

Ceded

    (1,661 )   (1,728 )   (1,890 )

Total net written premiums

  $ 24,121   $ 23,904   $ 22,767  

Earned premiums

                   

Direct

  $ 24,740   $ 24,810   $ 23,891  

Assumed

    814     743     717  

Ceded

    (1,680 )   (1,840 )   (1,971 )

Total net earned premiums

  $ 23,874   $ 23,713   $ 22,637  

Percentage of assumed earned premiums to net earned premiums

    3.4 %   3.1 %   3.2 %

Ceded claims and claim adjustment expenses incurred

  $ 1,034   $ 953   $ 1,019  
Reinsurance recoverables [Table Text Block]

 

 

(at December 31, in millions)
  2015   2014  

Gross reinsurance recoverables on paid and unpaid claims and claim adjustment expenses

  $ 3,848   $ 4,270  

Allowance for uncollectible reinsurance

    (157 )   (203 )

Net reinsurance recoverables

    3,691     4,067  

Mandatory pools and associations

    2,015     1,909  

Structured settlements

    3,204     3,284  

Total reinsurance recoverables

  $ 8,910   $ 9,260