Segment Information Level 1 (Notes)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment Information

The Company currently conducts business principally in six reporting segments, as well as a Corporate category. The Company's revenues from continuing operations are generated primarily in the United States ("U.S."). Any foreign sourced revenue in continuing operations is immaterial.

The Company’s reporting segments, as well as the Corporate category, are as follows:

Commercial Lines

Commercial Lines provides workers’ compensation, property, automobile, marine, livestock, liability and umbrella coverages primarily throughout the U.S., along with a variety of customized insurance products and risk management services including professional liability, bond, surety, and specialty casualty coverages.

Personal Lines

Personal Lines provides standard automobile, homeowners and personal umbrella coverages to individuals across the U.S., including a special program designed exclusively for members of AARP.

Property & Casualty Other Operations

Property & Casualty Other Operations includes certain property and casualty operations, managed by the Company, that have discontinued writing new business and includes substantially all of the Company’s asbestos and environmental exposures.

Group Benefits

Group Benefits provides employers, associations and financial institutions with group life, accident and disability coverage, along with other products and services, including voluntary benefits, and group retiree health.

Mutual Funds

Mutual Funds offers investment products for retail and retirement accounts and provides investment management and administrative services such as product design, implementation and oversight. This business also includes a portion of the run off of the mutual funds which support the Company's variable annuity products.

Talcott Resolution

Talcott Resolution is comprised of runoff business from the Company's individual annuity, institutional, and private-placement life insurance businesses. The Company's individual annuity business consists of variable, fixed, and payout annuity products. In addition, Talcott Resolution includes the retained yen denominated fixed payout annuity liabilities, as well as the Company's discontinued operations from HLIKK prior to its sale in 2014.

Corporate

The Company includes in the Corporate category the Company’s capital raising activities (including debt financing and related interest expense), purchase accounting adjustments related to goodwill and other expenses not allocated to the reporting segments.

Financial Measures and Other Segment Information

Certain transactions between segments occur during the year that primarily relate to tax settlements, insurance coverage, expense reimbursements, services provided, security transfers and capital contributions. Also, one segment may purchase annuity contracts from another to fund pension costs and to settle certain group life claims. In addition, certain inter-segment transactions occur that relate to interest income on allocated surplus. Consolidated net investment income is unaffected by such transactions.

The following table presents revenues by product line for each reporting segment, as well as the Corporate category.

	For the years ended December 31,
Revenues	2015			2014		2013
Earned premiums and fee income
Commercial Lines
Workers’ compensation	$	3,051		$	2,971	$	2,975
Property	637			559		521
Automobile	614			591		579
Package business	1,203			1,163		1,139
Liability	567			582		566
Bond	218			210		201
Professional liability	221			213		222
Total Commercial Lines	6,511			6,289		6,203
Personal Lines
Automobile	2,671			2,613		2,522
Homeowners	1,202			1,193		1,138
Total Personal Lines [1]	3,873			3,806		3,660
Property & Casualty Other Operations	32			1		1
Group Benefits
Group disability	1,479			1,450		1,452
Group life	1,477			1,478		1,717
Other	180			167		161
Total Group Benefits	3,136			3,095		3,330
Mutual Funds
Mutual Fund	607			586		520
Talcott	116			137		148
Total Mutual Funds	723			723		668
Talcott Resolution	1,133			1,407		1,463
Corporate	8			11		11
Total earned premiums and fee income	15,416			15,332		15,336
Net investment income:
Securities available-for-sale and other	3,030			3,153		3,263
Equity securities, trading	—			1		1
Total net investment income	3,030			3,154		3,264
Net realized capital gains (loss)	(156		)	16		1,798
Other revenues	87			112		275
Total revenues	$	18,377		$	18,614	$	20,673

[1] For 2015, 2014 and 2013, AARP members accounted for earned premiums of $3.2 billion, $3.0 billion and $2.9 billion, respectively.

The following table presents net income (loss) for each reporting segment, as well as the Corporate category.

	For the years ended December 31,
Net income (loss)	2015			2014			2013
Commercial Lines	$	1,003		$	983		$	870
Personal Lines	187			207			229
Property & Casualty Other Operations	(53		)	(108		)	(2		)
Group Benefits	187			191			192
Mutual Funds	86			87			76
Talcott Resolution	430			(187		)	(634		)
Corporate	(158		)	(375		)	(555		)
Net income	$	1,682		$	798		$	176

	For the years ended December 31,
Amortization of deferred policy acquisition costs	2015		2014		2013
Commercial Lines	$	951	$	919	$	905
Personal Lines	359		348		332
Group Benefits	31		32		33
Mutual Funds	22		28		39
Talcott Resolution	139		402		485
Total amortization of deferred policy acquisition costs	$	1,502	$	1,729	$	1,794

	For the years ended December 31,
Income tax expense (benefit)	2015			2014			2013
Commercial Lines	$	409		$	385		$	320
Personal Lines	82			92			100
Property & Casualty Other Operations	(47		)	(51		)	(20		)
Group Benefits	63			63			63
Mutual Funds	48			49			42
Talcott Resolution	(17		)	16			(7		)
Corporate	(233		)	(204		)	(252		)
Total income tax expense	$	305		$	350		$	246

	As of December 31,
Assets	2015		2014
Commercial Lines	$	28,388	$	28,451
Personal Lines	6,147		5,983
Property & Casualty Other Operations	4,562		4,328
Group Benefits	9,666		9,686
Mutual Funds	449		443
Talcott Resolution	175,319		191,801
Corporate	3,817		4,321
Total assets	$	228,348	$	245,013