Insurance Claim Reserves (tables)

12 Months Ended

Dec. 31, 2015

Insurance Claim Reserves disclosure

Claims and claim adjustment expense reserves [Table Text Block]

(at December 31, in millions)	2015		2014
Property-casualty	$	48,272	$	49,824
Accident and health		23		26
Total	$	48,295	$	49,850

Reconciliation of beginning and ending property casualty reserve balances for claims and claim adjustment expenses [Table Text Block]

(at and for the year ended December 31, in millions)	2015			2014			2013
Claims and claim adjustment expense reserves at beginning of year	$	49,824		$	50,865		$	50,888
Less reinsurance recoverables on unpaid losses		8,788			9,280			10,254
Net reserves at beginning of year		41,036			41,585			40,634
Estimated claims and claim adjustment expenses for claims arising in the current year		14,412			14,621			14,060
Estimated decrease in claims and claim adjustment expenses for claims arising in prior years		(897	)		(957	)		(944	)
Total increases		13,515			13,664			13,116
Claims and claim adjustment expense payments for claims arising in:
Current year		5,666			5,828			5,485
Prior years		8,669			8,099			8,477
Total payments		14,335			13,927			13,962
Acquisitions(1)		2			—			1,792
Unrealized foreign exchange (gain) loss		(395	)		(286	)		5
Net reserves at end of year		39,823			41,036			41,585
Plus reinsurance recoverables on unpaid losses		8,449			8,788			9,280
Claims and claim adjustment expense reserves at end of year	$	48,272		$	49,824		$	50,865

(1)

Amount in 2015 represents acquired net claims and claim adjustment expense reserves of Travelers Participações em Seguros Brasil S.A. at October 1, 2015. Amount in 2013 represents acquired net claims and claim adjustment expense reserves of Dominion at November 1, 2013. Dominion's gross reserves on that date were $2,144 million. Dominion's reinsurance recoverables on unpaid losses on that date were $352 million.