XML 55 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Comprehensive Income and Accumulated Other Comprehensive Income (details) - Reclassifications (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income    
Reclassification adjustment impacting realized gains on the income statement $ (10)us-gaap_RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments [1] $ (1)us-gaap_RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments [1]
Reclassification adjustment impacting general and administrative expense on the income statement 992us-gaap_GeneralAndAdministrativeExpense 881us-gaap_GeneralAndAdministrativeExpense
Total reclassifications (1,148)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (1,470)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax benefit (expense) (315)us-gaap_IncomeTaxExpenseBenefit (418)us-gaap_IncomeTaxExpenseBenefit
Amounts reclassified from accumulated other comprehensive income, net of taxes (833)us-gaap_ProfitLoss (1,052)us-gaap_ProfitLoss
Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income    
Total reclassifications 5us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
13us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
Income tax benefit (expense) 2us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
6us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
Amounts reclassified from accumulated other comprehensive income, net of taxes 3us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
7us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
Changes in Net Unrealized Gains on Investment Securities Having No Credit Losses Recognized in the Consolidated Statement of Income [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income    
Reclassification adjustment impacting realized gains on the income statement (18)us-gaap_RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember
(5)us-gaap_RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember
Income tax benefit (expense) (6)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember
(2)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember
Amounts reclassified from accumulated other comprehensive income, net of taxes (12)us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember
(3)us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember
Changes in Net Unrealized Gains on Investment Securities Having Credit Losses Recognized in the Consolidated Statement of Income [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income    
Reclassification adjustment impacting realized gains on the income statement   3us-gaap_RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedOtherthanTemporaryImpairmentIncludingPortionAttributableToNoncontrollingInterestMember
Income tax benefit (expense)   1us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedOtherthanTemporaryImpairmentIncludingPortionAttributableToNoncontrollingInterestMember
Amounts reclassified from accumulated other comprehensive income, net of taxes   2us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedOtherthanTemporaryImpairmentIncludingPortionAttributableToNoncontrollingInterestMember
Net Benefit Plan Assets and Obligations Recognized in Shareholders' Equity [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income    
Reclassification adjustment impacting general and administrative expense on the income statement 23us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember
15us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember
Income tax benefit (expense) 8us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember
7us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember
Amounts reclassified from accumulated other comprehensive income, net of taxes $ 15us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember
$ 8us-gaap_ProfitLoss
/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis
= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
/ us-gaap_StatementEquityComponentsAxis
= trv_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember
[1] Total other-than-temporary impairment (OTTI) losses were $(4) million and $(7) million for the three months ended March 31, 2015 and 2014, respectively. Of total OTTI, credit losses of $(3) million and $(9) million for the three months ended March 31, 2015 and 2014, respectively, were recognized in net realized investment gains. In addition, unrealized gains (losses) from other changes in total OTTI of $(1) million and $2 million for the three months ended March 31, 2015 and 2014, respectively, were recognized in other comprehensive income (loss) as part of changes in net unrealized gains on investment securities having credit losses recognized in the consolidated statement of income.