XML 113 R50.htm IDEA: XBRL DOCUMENT v3.20.4
Reserve for Unpaid Losses and Loss Adjustment Expenses (Tables)
12 Months Ended
Dec. 31, 2020
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]  
Liabilities for Unpaid Losses and Loss Adjustment Expenses
Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses

 
For the years ended December 31,
 202020192018
Beginning liabilities for unpaid losses and loss adjustment expenses, gross
$28,261 $24,584 $23,775 
Reinsurance and other recoverables5,275 4,232 3,957 
Beginning liabilities for unpaid losses and loss adjustment expenses, net
22,986 20,352 19,818 
Navigators Group acquisition— 2,001 — 
Provision for unpaid losses and loss adjustment expenses
   
Current accident year7,794 7,463 7,107 
Prior accident year development [1](136)(65)(167)
Total provision for unpaid losses and loss adjustment expenses
7,658 7,398 6,940 
Change in deferred gain on retroactive reinsurance included in other liabilities [1](312)(16)— 
Payments
   
Current accident year(2,214)(2,374)(2,452)
Prior accident years(4,190)(4,374)(3,954)
Total payments
(6,404)(6,748)(6,406)
Net reserves transferred to liabilities held for sale(45)— — 
Foreign currency adjustment14 (1)— 
Ending liabilities for unpaid losses and loss adjustment expenses, net
23,897 22,986 20,352 
Reinsurance and other recoverables5,725 5,275 4,232 
Ending liabilities for unpaid losses and loss adjustment expenses, gross
$29,622 $28,261 $24,584 
[1]Prior accident year development does not include the benefit of a portion of losses ceded under the Navigators and A&E ADC which, under retroactive reinsurance accounting, is deferred and is recognized over the period the ceded losses are recovered in cash from NICO. For additional information regarding the two adverse development cover reinsurance agreements, refer to Adverse Development Covers discussion below.
(Favorable) Unfavorable Prior Accident Year Development
For the years ended December 31,
202020192018
Workers’ compensation$(110)$(120)$(164)
Workers’ compensation discount accretion35 33 40 
General liability237 61 52 
Marine— 
Package business(58)(47)(26)
Commercial property(4)(11)(12)
Professional liability(14)29 (12)
Bond(19)(3)
Assumed reinsurance(6)— 
Automobile liability - Commercial Lines27 27 (15)
Automobile liability - Personal Lines(61)(38)(18)
Homeowners(25)
Net asbestos reserves (2)— — 
Net environmental reserves — — — 
Catastrophes(529)(42)(49)
Uncollectible reinsurance(8)(30)22 
Other reserve re-estimates, net 54 46 38 
Prior accident year development, including full benefit for the ADC cession
(448)(81)(167)
Change in deferred gain on retroactive reinsurance included in other liabilities [1]312 16 — 
Total prior accident year development$(136)$(65)$(167)
[1] The change in deferred gain for the year ended December 31, 2020 included $210 of adverse development on A&E reserves in excess of ceded premium paid and included $102 of adverse development on Navigators 2018 and prior accident year reserves, within professional liability, marine, general liability, prior accident year catastrophes, and assumed reinsurance.
Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses
For the years ended December 31,
202020192018
Beginning liabilities for unpaid losses and loss adjustment expenses, gross
$8,256 $8,445 $8,512 
Reinsurance recoverables [1]247 239 209 
Beginning liabilities for unpaid losses and loss adjustment expenses, net
8,009 8,206 8,303 
Aetna U.S. group life and disability business acquisition [2]— — 42 
Provision for unpaid losses and loss adjustment expenses
Current incurral year4,511 4,385 4,470 
Prior year's discount accretion209 219 227 
Prior incurral year development [3](445)(410)(324)
Total provision for unpaid losses and loss adjustment expenses [4]
4,275 4,194 4,373 
Payments
Current incurral year(2,288)(2,277)(2,377)
Prior incurral years(2,000)(2,114)(2,135)
Total payments
(4,288)(4,391)(4,512)
Ending liabilities for unpaid losses and loss adjustment expenses, net
7,996 8,009 8,206 
Reinsurance recoverables237 247 239 
Ending liabilities for unpaid losses and loss adjustment expenses, gross
$8,233 $8,256 $8,445 
[1] Includes a cumulative effect adjustment of $(1) representing an adjustment to the ACL recorded on adoption of accounting guidance for credit losses on January 1, 2020. See Note 1 - Basis of Presentation and Significant Accounting Policies.
[2]Amount recognized in 2018 represents an adjustment to Aetna U.S. group life and disability business reserves, net of reinsurance as of the acquisition date, upon finalization of the opening balance sheet.
[3]Prior incurral year development represents the change in estimated ultimate incurred losses and loss adjustment expenses for prior incurral years on a discounted basis.
[4]Includes unallocated loss adjustment expenses of $178, $178 and $194 for the years ended December 31, 2020, 2019 and 2018, respectively, that are recorded in insurance operating costs and other expenses in the Consolidated Statements of Operations.
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance
Property and Casualty Insurance Products Reserves, Net of Reinsurance, that are Discounted
For the years ended December 31,
202020192018
Liability for unpaid losses and loss adjustment expenses, at undiscounted amounts$1,334 $1,331 $1,331 
Amount of discount367 388 388 
Carrying value of liability for unpaid losses and loss adjustment expenses$967 $943 $943 
Discount accretion included in losses and loss adjustment expenses$36 $33 $40 
Weighted average discount rate2.68 %2.91 %2.98 %
Range of discount rates0.83 %-14.03 %1.76 %-14.03 %1.77 %-14.15 %
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance
(Unaudited)
Reserve Line1st Year2nd Year3rd Year4th Year5th Year6th Year7th Year8th Year9th Year10th Year
Workers' compensation15.2 %19.1 %12.4 %8.3 %5.7 %4.2 %2.6 %2.3 %1.7 %1.1 %
General liability2.9 %8.2 %14.6 %18.4 %16.2 %10.9 %6.6 %4.5 %2.8 %1.5 %
Marine26.1 %32.4 %18.4 %8.4 %7.0 %2.8 %2.2 %3.9 %(0.5 %)
Package business37.5 %21.7 %10.0 %8.6 %6.0 %2.9 %2.1 %1.2 %0.3 %0.3 %
Commercial property53.6 %30.9 %7.6 %3.2 %0.9 %0.3 %0.2 %(0.1 %)(0.1 %)
Commercial automobile liability16.2 %20.8 %20.9 %17.7 %11.4 %4.9 %2.7 %1.1 %0.5 %0.2 %
Commercial automobile physical damage88.2 %10.1 %(0.5 %)
Professional liability5.4 %19.0 %18.2 %14.5 %10.4 %6.3 %3.9 %2.0 %— %
Bond12.7 %24.3 %11.7 %4.9 %2.4 %0.1 %5.3 %1.2 %0.1 %2.1 %
Assumed Reinsurance36.3 %38.7 %8.8 %4.9 %8.0 %2.5 %1.0 %0.3 %(0.1 %)
Personal automobile liability35.5 %33.2 %15.8 %7.6 %3.1 %1.1 %0.5 %0.1 %0.1 %0.1 %
Personal automobile physical damage96.5 %3.2 %(0.7 %)
Homeowners71.8 %22.7 %1.2 %0.4 %0.6 %0.3 %0.1 %0.1 %— %— %
Group Life, Disability and Accident Products Reserves, Net of Reinsurance, that are Discounted
For the years ended December 31,
202020192018
Liability for unpaid losses and loss adjustment expenses, at undiscounted amounts$8,380 $8,636 $8,957 
Amount of discount(1,353)(1,401)(1,505)
Carrying value of liability for unpaid losses and loss adjustment expenses$7,027 $7,235 $7,452 
Weighted average discount rate3.4 %3.4 %3.4 %
Range of discount rate2.1 %-8.0 %2.1 %-8.0 %2.1 %-8.0 %
Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance
(Unaudited)
1st Year2nd Year3rd Year4th Year5th Year6th Year7th Year8th Year9th Year10th Year
Group long-term disability7.4 %25.2 %15.6 %8.5 %6.4 %5.4 %4.6 %3.9 %3.3 %2.3 %
Group life and accident, excluding premium waiver77.0 %19.5 %0.7 %
Reconciliation of Loss Development to Liability for Unpaid Losses and Loss Adjustment Expenses
Reconciliation of Loss Development to Liability for Unpaid Losses and Loss Adjustment Expenses As of December 31, 2020
Losses and Allocated Loss Adjustment Expenses, Net of ReinsuranceSubtotal
Reserve LineCumulative Incurred for Accident Years Displayed in TrianglesCumulative Paid for Accident Years Displayed in TrianglesUnpaid for Accident Years not Displayed in TrianglesUnpaid Unallocated Loss Adjustment Expenses, Net of ReinsuranceDiscountUnpaid Losses and Loss Adjustment Expenses, Net of ReinsuranceReinsurance and Other RecoverablesLiability for Unpaid Losses and Loss Adjustment Expenses
Workers' compensation$18,864 $(10,633)$2,671 $336 $(352)$10,886 $1,970 $12,856 
General liability6,201 (2,946)713 137 — 4,105 740 4,845 
Marine1,379 (1,128)18 10 — 279 216 495 
Package business6,940 (5,248)66 94 — 1,852 17 1,869 
Commercial property3,365 (2,936)28 18 — 475 221 696 
Commercial automobile liability3,804 (2,775)16 21 — 1,066 78 1,144 
Commercial automobile physical damage176 (167)— — 13 (1)12 
Professional liability2,164 (1,080)65 35 — 1,184 689 1,873 
Bond635 (310)28 28 — 381 13 394 
Assumed Reinsurance1,198 (986)— 218 41 259 
Personal automobile liability11,463 (10,153)29 60 — 1,399 28 1,427 
Personal automobile physical damage1,279 (1,262)— 25 — 25 
Homeowners6,770 (6,435)31 — 372 375 
Other ongoing business208 (2)(15)191 294 485 
Asbestos and environmental [1]938 — — 938 1,429 2,367 
Other operations [1]349 164 — 513 (13)500 
Total P&C$64,238 $(46,059)$5,147 $938 $(367)$23,897 $5,725 $29,622 
[1]Asbestos and environmental and other operations include asbestos, environmental and other latent exposures not foreseen when coverages were written, including, but not limited to, potential liability for pharmaceutical products, silica, talcum powder, head injuries, lead paint, construction defects, sexual molestation and sexual abuse and other long-tail liabilities. These reserve lines do not have significant paid or incurred loss development for the most recent ten accident years and therefore do not have loss development displayed in triangles.
Reconciliation of Loss Development to Liability for Unpaid Losses and Loss Adjustment Expenses as of December 31, 2020
Losses and Allocated Loss Adjustment Expenses, Net of ReinsuranceSubtotal
Reserve LineCumulative Incurred for Incurral Years Displayed in TrianglesCumulative Paid for Incurral Years Displayed in TrianglesUnpaid for Incurral Years not Displayed in TrianglesUnpaid Unallocated Loss Adjustment Expenses, Net of ReinsuranceDiscountUnpaid Losses and Loss Adjustment Expenses, Net of ReinsuranceReinsurance and Other RecoverablesLiability for Unpaid Losses and Loss Adjustment Expenses
Group long-term disability$14,411 $(8,420)$1,554 $182 $(1,233)$6,494 $227 $6,721 
Group life and accident, excluding premium waiver5,888 (5,283)163 (17)755 758 
Group short-term disability117 — 121 — 121 
Group life premium waiver688 10 (103)595 597 
Group supplemental health31 — — 31 36 
Total Group Benefits$20,299 $(13,703)$2,553 $200 $(1,353)$7,996 $237 $8,233 
Losses and Allocated Loss Adjustments Expense, Net of Reinsurance
Workers' Compensation
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year
2011201220132014201520162017201820192020
IBNR
Reserves
Claims
Reported
2011$2,013 $2,099 $2,204 $2,206 $2,221 $2,224 $2,232 $2,242 $2,239 $2,235 $291 177,961 
20122,185 2,207 2,207 2,181 2,168 2,169 2,154 2,146 2,135 325 171,494 
20132,020 1,981 1,920 1,883 1,861 1,861 1,850 1,831 378 151,422 
20141,869 1,838 1,789 1,761 1,713 1,692 1,679 437 126,217 
20151,873 1,835 1,801 1,724 1,714 1,699 477 113,966 
20161,772 1,772 1,780 1,767 1,748 574 112,058 
20171,862 1,869 1,840 1,822 753 111,510 
20181,916 1,917 1,915 854 117,999 
20191,937 1,935 1,033 117,698 
20201,865 1,412 84,062 
Total$18,864 



Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$371 $841 $1,156 $1,368 $1,518 $1,622 $1,690 $1,746 $1,786 $1,811 
2012359 809 1,106 1,313 1,436 1,529 1,587 1,644 1,678 
2013304 675 917 1,071 1,175 1,260 1,304 1,339 
2014275 598 811 960 1,041 1,099 1,137 
2015261 576 778 909 1,004 1,068 
2016255 579 779 908 1,003 
2017261 575 778 900 
2018283 624 837 
2019291 637 
2020223 
Total$10,633 
General Liability
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2011$431 $420 $408 $405 $404 $416 $417 $426 $420 $416 $40 22,394 
2012423 402 399 392 410 408 421 413 407 50 16,597 
2013455 442 456 484 488 502 505 508 62 13,867 
2014506 475 481 494 513 522 515 78 14,722 
2015556 560 554 594 633 647 110 15,382 
2016613 583 607 633 632 176 16,479 
2017626 614 613 616 258 15,943 
2018692 669 697 395 16,881 
2019821 826 638 15,191 
2020937 850 9,265 
Total$6,201 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$15 $61 $123 $200 $255 $303 $330 $348 $362 $368 
201213 55 101 170 233 280 305 323 332 
201313 53 141 233 320 372 398 422 
201415 42 130 214 304 358 402 
201510 55 156 278 409 477 
201612 52 131 283 368 
201715 67 156 255 
201821 83 177 
201929 100 
202045 
Total$2,946 
Marine
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201220132014201520162017201820192020IBNR
Reserves [1]
Claims
Reported
2012$195 $220 $180 $169 $163 $164 $168 $164 $164 $6,782 
2013149 152 134 136 140 135 138 140 (3)6,623 
2014163 160 158 165 164 169 167 (3)7,122 
2015158 146 146 148 133 138 (5)10,114 
2016140 143 138 148 150 (7)13,112 
2017160 187 175 174 (12)15,498 
2018144 161 154 (12)13,808 
2019144 142 20 7,989 
2020150 76 3,451 
Total$1,379 
[1]IBNR reserves are negative for some accident years as all losses ceded to the Navigators ADC are ceded as IBNR even though the gross losses being ceded include both reported losses and IBNR components. In addition, the collection of subrogation lags payment of the losses.

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201220132014201520162017201820192020
2012$51 $101 $125 $139 $148 $152 $155 $159 $158 
201342 82 100 112 119 121 126 133 
201441 81 116 131 151 156 159 
201540 85 116 126 134 139 
201635 80 106 122 132 
201748 111 142 154 
201837 104 138 
201936 83 
202032 
Total$1,128 
Package Business
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2011$810 $792 $790 $800 $808 $814 $813 $812 $807 $807 $24 61,097 
2012736 725 728 731 736 735 739 732 732 30 59,871 
2013579 565 573 585 586 592 586 587 29 43,620 
2014566 578 601 602 603 603 593 44 43,207 
2015582 588 585 583 588 581 56 42,121 
2016655 638 632 625 611 78 43,922 
2017695 702 692 657 114 46,366 
2018719 724 688 169 44,273 
2019813 769 256 41,800 
2020915 412 56,548 
Total$6,940 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$377 $555 $621 $684 $727 $748 $762 $772 $774 $776 
2012286 486 560 616 652 673 687 694 697 
2013225 339 414 467 504 522 541 549 
2014226 345 416 468 507 525 535 
2015212 332 383 445 486 505 
2016225 353 410 465 500 
2017235 372 447 496 
2018237 402 451 
2019254 413 
2020326 
Total$5,248 
Commercial Property
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2012$369 $333 $334 $335 $337 $335 $334 $333 $332 $— 26,860 
2013268 252 254 252 249 248 247 247 — 21,610 
2014293 281 282 280 279 280 280 — 21,025 
2015299 301 302 301 305 304 21,020 
2016406 420 399 406 408 23,758 
2017577 516 455 438 24,332 
2018450 437 424 26 21,630 
2019476 437 21 20,791 
2020495 162 18,628 
Total$3,365 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201220132014201520162017201820192020
2012$182 $296 $317 $326 $331 $331 $331 $330 $330 
2013161 223 238 243 242 244 245 245 
2014170 250 270 279 279 279 280 
2015179 257 285 296 302 303 
2016215 342 378 396 401 
2017229 379 412 428 
2018188 344 379 
2019214 349 
2020221 
Total$2,936 
Commercial Automobile Liability
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2011$272 $310 $356 $356 $366 $365 $363 $362 $363 $363 $39,302 
2012311 377 391 402 395 389 387 388 388 36,052 
2013311 318 334 341 340 339 335 334 32,239 
2014309 317 331 337 341 334 333 29,609 
2015308 358 372 356 356 359 12 28,541 
2016385 393 390 391 392 25 29,145 
2017372 383 379 383 37 26,279 
2018349 396 405 86 24,402 
2019417 431 194 24,604 
2020416 321 14,930 
Total$3,804 

Cumulative Paid Losses & Allocated Loss Adjustment Expense, Net of Reinsurance
For the years ended December 31
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$63 $133 $211 $274 $316 $339 $348 $353 $354 $355 
201265 143 234 307 346 359 372 376 378 
201362 130 202 259 295 311 321 323 
201459 131 197 252 299 309 318 
201562 142 207 267 314 335 
201665 147 232 303 339 
201760 134 211 285 
201862 153 239 
201963 153 
202050 
Total$2,775 
Commercial Automobile Physical Damage
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201820192020IBNR
Reserves
Claims
Reported
2018$62 $62 $61 $20,561 
201963 64 19,828 
202051 13,796 
Total$176 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201820192020
2018$54 $60 $60 
201956 62 
202045 
Total$167 
Professional Liability
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Claims Made Year201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2012$242 $238 $238 $218 $221 $221 $219 $225 $217 $11 7,036 
2013207 195 187 174 174 173 171 171 22 5,972 
2014187 183 181 178 179 182 183 26 6,717 
2015164 174 179 190 214 207 40 7,215 
2016183 176 203 197 196 53 8,345 
2017205 203 232 226 63 9,362 
2018248 281 277 101 9,913 
2019298 317 196 9,297 
2020370 325 6,236 
Total$2,164 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Claims Made Year201220132014201520162017201820192020
2012$17 $67 $100 $139 $155 $168 $172 $175 $175 
201310 44 67 88 116 131 137 143 
201438 74 108 131 135 146 
201540 85 107 125 141 
201651 88 112 125 
201711 48 88 123 
201815 73 130 
201921 78 
202019 
Total$1,080 
Bond
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2011$74 $78 $78 $76 $71 $71 $71 $71 $72 $71 $2,135 
201271 70 61 55 49 49 45 48 48 13 1,728 
201364 58 55 48 49 39 35 34 14 1,463 
201471 67 66 67 59 59 60 13 1,386 
201567 67 63 60 54 48 17 1,394 
201661 61 61 56 52 29 1,335 
201763 90 101 94 34 1,682 
201868 68 72 37 1,573 
201972 73 60 1,514 
202083 77 1,505 
Total$635 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$12 $40 $52 $57 $58 $60 $60 $60 $61 $62 
201212 25 26 24 26 26 34 35 35 
201317 19 19 19 20 20 
201418 31 40 43 43 45 46 
201520 24 31 34 32 
201612 15 20 22 
201746 55 53 
201816 23 
201913 
2020
Total$310 
Assumed Reinsurance
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2012$107 $99 $93 $88 $115 $120 $119 $120 $120 $— 1,441 
2013115 119 103 105 102 102 103 104 — 1,647 
2014119 142 122 118 115 116 116 — 1,760 
2015102 92 94 94 95 96 — 1,497 
201689 91 98 100 102 (1)1,626 
2017129 153 162 157 — 1,966 
2018129 128 130 (14)1,960 
2019181 190 38 2,025 
2020183 110 833 
Total$1,198 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201220132014201520162017201820192020
2012$38 $77 $83 $85 $112 $118 $118 $119 $119 
201353 83 91 98 100 101 103 103 
201466 119 106 109 112 113 114 
201542 65 77 83 91 94 
201636 66 84 90 95 
201744 116 135 145 
201825 112 134 
201962 132 
202050 
Total$986 
Personal Automobile Liability
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2011$1,181 $1,170 $1,180 $1,173 $1,166 $1,154 $1,154 $1,153 $1,153 $1,153 $221,891 
20121,141 1,149 1,146 1,142 1,133 1,130 1,130 1,130 1,129 210,757 
20131,131 1,145 1,144 1,153 1,152 1,153 1,157 1,156 205,480 
20141,146 1,153 1,198 1,200 1,199 1,202 1,201 209,013 
20151,195 1,340 1,338 1,330 1,331 1,328 15 216,871 
20161,407 1,402 1,393 1,397 1,395 28 215,797 
20171,277 1,275 1,228 1,214 50 187,408 
20181,108 1,104 1,072 105 155,821 
20191,018 1,010 220 138,430 
2020805 400 90,933 
Total$11,463 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$447 $826 $1,006 $1,088 $1,126 $1,140 $1,145 $1,146 $1,146 $1,148 
2012441 818 986 1,067 1,104 1,114 1,120 1,122 1,123 
2013442 816 1,002 1,091 1,121 1,135 1,142 1,144 
2014430 843 1,032 1,125 1,165 1,182 1,186 
2015475 935 1,142 1,243 1,292 1,304 
2016505 968 1,188 1,308 1,345 
2017441 836 1,033 1,123 
2018359 710 888 
2019323 654 
2020238 
Total$10,153 
Personal Automobile Physical Damage
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201820192020IBNR
Reserves
Claims
Reported
2018$509 $498 $488 $305,389 
2019445 442 — 276,688 
2020349 (6)199,623 
Total$1,279 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year201820192020
2018$474 $491 $488 
2019427 441 
2020333 
Total$1,262 
Homeowners
Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020IBNR
Reserves
Claims
Reported
2011$955 $920 $919 $916 $914 $911 $908 $907 $907 $907 $— 179,405 
2012774 741 741 741 739 738 738 738 737 — 142,855 
2013673 638 637 634 632 630 629 630 113,546 
2014710 707 702 700 698 698 698 — 121,914 
2015690 703 690 684 684 684 119,981 
2016669 673 663 658 658 119,742 
2017866 889 884 783 124,581 
2018903 910 673 (11)102,603 
2019501 475 27 83,915 
2020525 89 82,246 
Total$6,770 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Accident Year2011201220132014201520162017201820192020
2011$709 $871 $891 $899 $903 $905 $908 $907 $908 $907 
2012547 696 719 727 731 734 735 736 736 
2013467 590 611 622 626 627 628 628 
2014526 663 684 691 695 697 697 
2015487 645 665 674 680 681 
2016481 621 640 649 653 
2017538 747 795 757 
2018484 712 616 
2019318 425 
2020335 
Total$6,435 
Group Long-Term Disability
Undiscounted Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Incurral
Year
2011201220132014201520162017201820192020
IBNR
Reserves
Claims
Reported
2011$1,917 $1,761 $1,660 $1,659 $1,669 $1,660 $1,649 $1,638 $1,631 $1,615 $— 37,347 
20121,829 1,605 1,539 1,532 1,530 1,515 1,504 1,486 1,479 — 35,626 
20131,660 1,479 1,429 1,429 1,416 1,413 1,399 1,385 — 30,611 
20141,636 1,473 1,430 1,431 1,431 1,408 1,395 — 31,756 
20151,595 1,442 1,422 1,420 1,401 1,385 — 32,527 
20161,651 1,481 1,468 1,437 1,417 33,244 
20171,597 1,413 1,358 1,316 30,883 
20181,647 1,387 1,309 28,364 
20191,650 1,424 38 27,136 
20201,686 885 15,861 
Total$14,411 
Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Incurral Year2011201220132014201520162017201820192020
2011$118 $508 $743 $886 $996 $1,087 $1,167 $1,231 $1,286 $1,324 
2012108 483 708 835 933 1,014 1,080 1,138 1,185 
2013102 443 664 791 881 954 1,016 1,067 
2014103 448 675 801 884 960 1,025 
2015108 460 687 806 891 962 
2016112 479 705 819 907 
2017109 452 658 757 
2018105 447 639 
2019101 454 
2020100 
Total$8,420 
Group Life and Accident, excluding Premium Waiver
Undiscounted Incurred Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Incurral Year201820192020IBNR ReservesClaims Reported
2018$1,952 $1,940 $1,950 $10 52,500 
20191,902 1,866 19 57,109 
20202,072 401 46,597 
Total$5,888 

Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance
For the years ended December 31,
(Unaudited)
Incurral Year201820192020
2018$1,532 $1,916 $1,929 
20191,471 1,830 
20201,524 
Total$5,283