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Segment Information (tables)
12 Months Ended
Dec. 31, 2017
Segment Information disclosure  
Company's revenues and income by segment [Table Text Block]

(for the year ended December 31, in millions)
  Business
Insurance
  Bond &
Specialty
Insurance
  Personal
Insurance
  Total
Reportable
Segments
 

2017

                         

Premiums

  $ 14,146   $ 2,307   $ 9,230   $ 25,683  

Net investment income

    1,786     228     383     2,397  

Fee income

    430         17     447  

Other revenues

    69     24     60     153  

Total segment revenues(1)

  $ 16,431   $ 2,559   $ 9,690   $ 28,680  

Amortization and depreciation

  $ 2,852   $ 493   $ 1,627   $ 4,972  

Income tax expense (benefit)

    448     208     (44 )   612  

Segment income(1)

    1,613     556     128     2,297  

2016

   
 
   
 
   
 
   
 
 

Premiums

  $ 13,855   $ 2,260   $ 8,419   $ 24,534  

Net investment income

    1,701     239     362     2,302  

Fee income

    442         16     458  

Other revenues

    168     21     63     252  

Total segment revenues(1)

  $ 16,166   $ 2,520   $ 8,860   $ 27,546  

Amortization and depreciation

  $ 2,783   $ 491   $ 1,530   $ 4,804  

Income tax expense

    656     309     192     1,157  

Segment income(1)

    1,982     712     517     3,211  

2015

   
 
   
 
   
 
   
 
 

Premiums

  $ 13,698   $ 2,267   $ 7,909   $ 23,874  

Net investment income

    1,757     254     368     2,379  

Fee income

    445         15     460  

Other revenues

    17     22     54     93  

Total segment revenues(1)

  $ 15,917   $ 2,543   $ 8,346   $ 26,806  

Amortization and depreciation

  $ 2,725   $ 501   $ 1,470   $ 4,696  

Income tax expense

    744     283     416     1,443  

Segment income(1)

    2,077     683     932     3,692  

(1)
Segment revenues for reportable business segments exclude net realized investment gains. Segment income for reportable business segments equals net income excluding the after-tax impact of net realized investment gains and the impact of the Tax Cuts and Jobs Act of 2017 at enactment.
Net written premiums by market [Table Text Block]

(for the year ended December 31, in millions)
  2017   2016   2015  

Business Insurance:

                   

Domestic:

                   

Select Accounts

  $ 2,800   $ 2,729   $ 2,716  

Middle Market

    7,756     7,379     7,186  

National Accounts

    1,010     1,058     1,048  

National Property and Other

    1,691     1,779     1,791  

Total Domestic

    13,257     12,945     12,741  

International

    1,013     955     1,033  

Total Business Insurance

    14,270     13,900     13,774  

Bond & Specialty Insurance:

                   

Domestic:

                   

Management Liability

    1,367     1,342     1,326  

Surety

    793     757     755  

Total Domestic

    2,160     2,099     2,081  

International

    199     172     192  

Total Bond & Specialty Insurance

    2,359     2,271     2,273  

Personal Insurance:

                   

Domestic:

                   

Agency:

                   

Automobile

    4,646     4,103     3,534  

Homeowners and Other

    3,933     3,772     3,687  

Total Agency

    8,579     7,875     7,221  

Direct-to-Consumer

    361     309     236  

Total Domestic

    8,940     8,184     7,457  

International

    650     603     617  

Total Personal Insurance

    9,590     8,787     8,074  

Total consolidated net written premiums

  $ 26,219   $ 24,958   $ 24,121  

Business segment reconciliations of revenue and income, net of tax [Table Text Block]

(for the year ended December 31, in millions)
  2017   2016   2015  

Revenue reconciliation

                   

Earned premiums

                   

Business Insurance:

                   

Domestic:

                   

Workers' compensation

  $ 3,962   $ 3,969   $ 3,867  

Commercial automobile

    2,132     2,010     1,922  

Commercial property

    1,775     1,769     1,766  

General liability

    2,047     1,977     1,898  

Commercial multi-peril

    3,198     3,148     3,133  

Other

    29     31     39  

Total Domestic

    13,143     12,904     12,625  

International

    1,003     951     1,073  

Total Business Insurance

    14,146     13,855     13,698  

Bond & Specialty Insurance:

                   

Domestic:

                   

Fidelity and surety

    977     962     954  

General liability

    962     946     955  

Other

    187     180     176  

Total Domestic

    2,126     2,088     2,085  

International

    181     172     182  

Total Bond & Specialty Insurance

    2,307     2,260     2,267  

Personal Insurance:

                   

Domestic:

                   

Automobile

    4,655     4,013     3,512  

Homeowners and Other

    3,943     3,813     3,756  

Total Domestic

    8,598     7,826     7,268  

International

    632     593     641  

Total Personal Insurance

    9,230     8,419     7,909  

Total earned premiums

    25,683     24,534     23,874  

Net investment income

    2,397     2,302     2,379  

Fee income

    447     458     460  

Other revenues

    153     252     93  

Total segment revenues

    28,680     27,546     26,806  

Other revenues

    6     11     6  

Net realized investment gains

    216     68     3  

Total revenues

  $ 28,902   $ 27,625   $ 26,815  

Income reconciliation, net of tax

                   

Total segment income

  $ 2,297   $ 3,211   $ 3,692  

Interest Expense and Other(1)

    (254 )   (244 )   (255 )

Core income

    2,043     2,967     3,437  

Net realized investment gains

    142     47     2  

Impact of Tax Cuts and Jobs Act of 2017 at enactment

    (129 )        

Net income

  $ 2,056   $ 3,014   $ 3,439  

(1)
The primary component of Interest Expense and Other was after-tax interest expense of $240 million, $236 million and $242 million in 2017, 2016 and 2015, respectively.
Asset reconciliation [Table Text Block]


(at December 31, in millions)
  2017   2016  

Asset reconciliation:

             

Business Insurance

  $ 78,082   $ 75,730  

Bond & Specialty Insurance

    8,776     8,726  

Personal Insurance

    15,949     15,426  

Total assets for reportable segments

    102,807     99,882  

Other assets(1)

    676     363  

Total consolidated assets

  $ 103,483   $ 100,245  

(1)
The primary components of other assets at December 31, 2017 were accrued over-funded benefit plan assets related to the Company's qualified domestic pension plan, other intangible assets and deferred taxes. The primary components of other assets at December 31, 2016 were other intangible assets and deferred taxes.
Revenues of the Company's operations based on location [Table Text Block]

(for the year ended December 31, in millions)
  2017   2016   2015  

U.S. 

  $ 27,253   $ 25,904   $ 25,127  

Non-U.S.:

                   

Canada

    1,232     1,154     1,202  

Other Non-U.S. 

    417     567     486  

Total Non-U.S. 

    1,649     1,721     1,688  

Total revenues

  $ 28,902   $ 27,625   $ 26,815