Segment Information Segment Information

3 Months Ended

Mar. 31, 2018

The Company currently conducts business principally in five reporting segments including Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Mutual Funds, as well as a Corporate category. The Company includes in the Corporate category discontinued operations of the Company's life and annuity run-off business accounted for as held for sale, reserves for structured settlement and terminal funding agreement liabilities retained, 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.

The Company's revenues are generated primarily in the United States ("U.S."). Any foreign sourced revenue is immaterial.

Net Income



	Three Months Ended March 31,
	2018		2017
Commercial Lines	$	298	$	231
Personal Lines	89		33
Property & Casualty Other Operations	17		24
Group Benefits	54		45
Mutual Funds	34		23
Corporate	105		22
Net income	$	597	$	378

Revenues



	Three Months Ended March 31,
	2018			2017
Earned premiums and fee income
Commercial Lines
Workers’ compensation	$	818		$	813
Liability	151			148
Package business	332			314
Automobile	149			161
Professional liability	62			60
Bond	58			55
Property	150			147
Total Commercial Lines	1,720			1,698
Personal Lines
Automobile	607			662
Homeowners	262			283
Total Personal Lines [1]	869			945
Group Benefits
Group disability	677			381
Group life	664			399
Other	60			55
Total Group Benefits	1,401			835
Mutual Funds
Mutual fund and ETP [2]	232			211
Life and annuity run-off business held for sale	26			26
Total Mutual Funds	258			237
Corporate	2			1
Total earned premiums and fee income	4,250			3,716
Net investment income	451			410
Net realized capital gains (losses)	(30		)	24
Other revenues	20			19
Total revenues	$	4,691		$	4,169


[1]	For the three months ended March 31, 2018 and 2017, AARP members accounted for earned premiums of $758 and $800, respectively.


[2]	Excludes distribution costs of $46 for the three months ended March 31, 2017 that were previously netted against fee income and are now presented gross in insurance operating costs and other expenses.