XML 45 R32.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Information (details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Segment reporting information    
Premiums $ 5,981 $ 5,888
Net investment income 544 592
Fee income 117 114
Other revenues 53 25
Operating income (loss) 698 827
Net realized investment gains (losses) [1] (9) 10
Total revenues 6,686 6,629
Net realized investment gains (losses), net of tax (7) 6
Net income 691 833
Reportable Segments [Member]    
Segment reporting information    
Premiums 5,981 5,888
Net investment income 544 592
Fee income 117 114
Other revenues 50 25
Total operating revenues 6,692 6,619
Operating income (loss) 759 891
Reportable Segments [Member] | Business and International Insurance [Member]    
Segment reporting information    
Premiums 3,599 3,620
Net investment income 415 454
Fee income 114 111
Other revenues 33 8
Total operating revenues 4,161 4,193
Operating income (loss) 476 515
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member]    
Segment reporting information    
Premiums 3,178 3,122
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member] | Workers' compensation [Member]    
Segment reporting information    
Premiums 981 962
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member] | Automobile [Member]    
Segment reporting information    
Premiums 491 468
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member] | Commercial Property [Member]    
Segment reporting information    
Premiums 437 440
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member] | General Liability [Member]    
Segment reporting information    
Premiums 482 468
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member] | Commercial multi-peril [Member]    
Segment reporting information    
Premiums 782 774
Reportable Segments [Member] | Business and International Insurance [Member] | Domestic [Member] | Other [Member]    
Segment reporting information    
Premiums 5 10
Reportable Segments [Member] | Business and International Insurance [Member] | International [Member]    
Segment reporting information    
Premiums 421 498
Reportable Segments [Member] | Bond & Specialty Insurance [Member]    
Segment reporting information    
Premiums 508 504
Net investment income 52 56
Other revenues 3 5
Total operating revenues 563 565
Operating income (loss) 144 124
Reportable Segments [Member] | Bond & Specialty Insurance [Member] | General Liability [Member]    
Segment reporting information    
Premiums 234 236
Reportable Segments [Member] | Bond & Specialty Insurance [Member] | Fidelity and surety [Member]    
Segment reporting information    
Premiums 230 225
Reportable Segments [Member] | Bond & Specialty Insurance [Member] | Other [Member]    
Segment reporting information    
Premiums 44 43
Reportable Segments [Member] | Personal Insurance [Member]    
Segment reporting information    
Premiums 1,874 1,764
Net investment income 77 82
Fee income 3 3
Other revenues 14 12
Total operating revenues 1,968 1,861
Operating income (loss) 139 252
Reportable Segments [Member] | Personal Insurance [Member] | Automobile [Member]    
Segment reporting information    
Premiums 936 836
Reportable Segments [Member] | Personal Insurance [Member] | Homeowners and other [Member]    
Segment reporting information    
Premiums 938 928
Other [Member]    
Segment reporting information    
Other revenues 3  
Operating income (loss) (61) (64)
After-tax interest expense $ 59 $ 60
[1] Total other-than-temporary impairment (OTTI) losses were $(28) million and $(4) million for the three months ended March 31, 2016 and 2015, respectively. Of total OTTI, credit losses of $(18) million and $(3) million for the three months ended March 31, 2016 and 2015, respectively, were recognized in net realized investment gains (losses). In addition, unrealized losses from other changes in total OTTI of $(10) million and $(1) million for the three months ended March 31, 2016 and 2015, 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.