Reinsurance (tables)

12 Months Ended

Dec. 31, 2013

Reinsurance disclosure

Summary of reinsurance financial data [Table Text Block]

(for the year ended December 31, in millions)	2013			2012			2011
Written premiums
Direct	$	23,952		$	23,612		$	23,218
Assumed		705			697			669
Ceded		(1,890	)		(1,862	)		(1,700	)
Total net written premiums	$	22,767		$	22,447		$	22,187
Earned premiums
Direct	$	23,891		$	23,507		$	23,144
Assumed		717			693			643
Ceded		(1,971	)		(1,843	)		(1,697	)
Total net earned premiums	$	22,637		$	22,357		$	22,090
Percentage of assumed earned premiums to net earned premiums		3.2	%		3.1	%		2.9	%
Ceded claims and claim adjustment expenses incurred	$	1,019		$	1,357		$	737

Reinsurance recoverables [Table Text Block]

(at December 31, in millions)	2013			2012
Gross reinsurance recoverables on paid and unpaid claims and claim adjustment expenses	$	4,707		$	5,256
Allowance for uncollectible reinsurance		(239	)		(258	)
Net reinsurance recoverables		4,468			4,998
Mandatory pools and associations		1,897			2,549
Structured settlements		3,348			3,165
Total reinsurance recoverables	$	9,713		$	10,712