Reserve for Unpaid Losses and Loss Adjustment Expenses (Tables)

9 Months Ended

Sep. 30, 2019

Liabilities for Unpaid Losses and Loss Adjustment Expenses

Unfavorable (Favorable) Prior Accident Year Development

	For the nine months ended September 30,
	2019			2018
Workers’ compensation	$	(90	)	$	(97	)
Workers’ compensation discount accretion	25			30
General liability	62			32
Marine	8			—
Package business	(32		)	(16		)
Commercial property	(16		)	(10		)
Professional liability	32			(12		)
Bond	(2		)	—
Assumed Reinsurance	3			—
Automobile liability - Commercial Lines	27			(15		)
Automobile liability - Personal Lines	(28		)	(10		)
Homeowners	—			(20		)
Net asbestos reserves	—			—
Net environmental reserves	—			—
Catastrophes	(27		)	(47		)
Uncollectible reinsurance	—			22
Other reserve re-estimates, net	15			4
Total prior accident year development [1]	$	(23	)	$	(139	)

Property, Liability and Casualty Insurance Product Line

Liabilities for Unpaid Losses and Loss Adjustment Expenses

Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses

	For the nine months ended September 30,
	2019			2018
Beginning liabilities for unpaid losses and loss adjustment expenses, gross	$	24,584		$	23,775
Reinsurance and other recoverables	4,232			3,957
Beginning liabilities for unpaid losses and loss adjustment expenses, net	20,352			19,818
Navigators Group acquisition	2,001			—
Provision for unpaid losses and loss adjustment expenses
Current accident year	5,448			5,151
Prior accident year development	(23		)	(139		)
Total provision for unpaid losses and loss adjustment expenses	5,425			5,012
Payments
Current accident year	(1,549		)	(1,647		)
Prior accident years	(3,403		)	(3,166		)
Total payments	(4,952		)	(4,813		)
Foreign currency adjustment	(12		)	—
Ending liabilities for unpaid losses and loss adjustment expenses, net	22,814			20,017
Reinsurance and other recoverables	5,083			3,780
Ending liabilities for unpaid losses and loss adjustment expenses, gross	$	27,897		$	23,797

Group Insurance Policy [Member]

Liabilities for Unpaid Losses and Loss Adjustment Expenses

Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses

	For the nine months ended September 30,
	2019			2018
Beginning liabilities for unpaid losses and loss adjustment expenses, gross	$	8,445		$	8,512
Reinsurance recoverables	239			209
Beginning liabilities for unpaid losses and loss adjustment expenses, net	8,206			8,303
Aetna U.S. group life and disability business acquisition	—			42
Provision for unpaid losses and loss adjustment expenses
Current incurral year	3,351			3,423
Prior year's discount accretion	169			175
Prior incurral year development [1]	(321		)	(284		)
Total provision for unpaid losses and loss adjustment expenses [2]	3,199			3,314
Payments
Current incurral year	(1,603		)	(1,659		)
Prior incurral years	(1,743		)	(1,741		)
Total payments	(3,346		)	(3,400		)
Ending liabilities for unpaid losses and loss adjustment expenses, net	8,059			8,259
Reinsurance recoverables	231			241
Ending liabilities for unpaid losses and loss adjustment expenses, gross	$	8,290		$	8,500

[1] Prior incurral year development represents the change in estimated ultimate incurred losses and loss adjustment expenses for prior incurral years on a discounted basis.

[2]

Includes unallocated loss adjustment expenses of $130 and $131 for the nine months ended September 30, 2019 and 2018, respectively, that are recorded in insurance operating costs and other expenses in the Condensed Consolidated Statements of Operations