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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Earned premiums $ 3,545 $ 3,506 $ 7,064 $ 7,033
Fee income 1,219 1,186 2,428 2,366
Net investment income (loss):        
Securities available-for-sale and other 1,104 1,148 2,212 2,202
Equity securities, trading (597) (2,649) 206 (1,948)
Total net investment income (loss) 507 (1,501) 2,418 254
Net realized capital gains (losses):        
Total other-than-temporary impairment ("OTTI") losses (31) (292) (150) (632)
OTTI losses recognized in other comprehensive income 8 184 72 372
Net OTTI losses recognized in earnings (23) (108) (78) (260)
Net realized capital gains (losses), excluding net OTTI losses recognized in earnings 92 117 (256) (5)
Total net realized capital gains (losses) 69 9 (334) (265)
Other revenues 61 65 125 129
Total revenues 5,401 3,265 11,701 9,517
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,976 3,592 7,154 6,725
Benefits, losses and loss adjustment expenses - returns credited on international variable annuities (597) (2,649) 206 (1,948)
Amortization of deferred policy acquisition costs and present value of future profits 835 935 1,499 1,582
Insurance operating costs and other expenses 1,224 1,111 2,344 2,226
Interest expense 128 132 256 252
Total benefits, losses and expenses 5,566 3,121 11,459 8,837
Income (loss) from continuing operations before income taxes (165) 144 242 680
Income tax expense (benefit) (269) (31) (211) 185
Income from continuing operations, net of tax 104 175 453 495
Income (loss) from discontinued operations, net of tax (80) (99) 82 (100)
Net income 24 76 535 395
Preferred stock dividends and accretion of discount 11 11 21 494
Net income (loss) available to common shareholders $ 13 $ 65 $ 514 $ (99)
Income from continuing operations, net of tax, available to common shareholders per common share        
Basic $ 0.21 $ 0.37 $ 0.97  
Diluted $ 0.19 $ 0.34 $ 0.89  
Net income (loss) available to common shareholders per common share        
Basic $ 0.03 $ 0.15 $ 1.16 $ (0.24)
Diluted $ 0.03 $ 0.14 $ 1.06 $ (0.24)
Cash dividends declared per common share $ 0.10 $ 0.05 $ 0.20 $ 0.10