Schedule VI (SUPPLEMENTARY INFORMATION CONCERNING PROPERTY AND CASUALTY OPERATIONS) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
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Supplemental Information for Property, Casualty Insurance Underwriters [Abstract] | |||
Deferred Policy Acquisition Costs | $ 2,219 | $ 2,057 | $ 1,865 |
Net Reserves for Unpaid Losses | 26,562 | 27,008 | 26,831 |
Unearned Premiums | 8,439 | 8,222 | 7,539 |
Net Premiums Earned | 16,282 | 16,445 | 15,708 |
Net Investment Income | 2,007 | 2,071 | 1,977 |
Net Losses and Loss Expenses Incurred Related to Current Year | 10,030 | 10,176 | 9,878 |
Net Losses and Loss Expenses Incurred Related to Prior Year | (546) | (527) | (530) |
Amortization of Deferred Policy Acquisition Costs | 2,692 | 2,805 | 2,447 |
Net Paid Losses and Loss Expenses | 9,665 | 9,235 | 8,977 |
Net Premiums Written | $ 16,734 | $ 16,787 | $ 16,069 |
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- References No definition available.
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- Definition Amount of amortization expense on deferred policy acquisition cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expense for claims incurred in the current reporting period and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of deferred policy acquisition cost related to property-casualty insurance policy written. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of property-casualty insurance premium revenue earned on insurance policies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of net investment income earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Payments of claims and claims adjustment expenses during the period of a property-casualty insurance entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of actual premium written by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of reserve, policy claim payable and loss expense incurred by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of property-casualty insurance premium revenue not yet earned on insurance policies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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