XML 97 R80.htm IDEA: XBRL DOCUMENT v2.4.0.6
Unpaid Losses And Loss Expenses (Narrative) (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Jun. 30, 2010
Dec. 31, 2004
Jun. 30, 2010
LOB Brandywine Run Off [Member]
Dec. 31, 2011
Insurance - North American [Member]
Dec. 31, 2010
Insurance - North American [Member]
Dec. 31, 2009
Insurance - North American [Member]
Dec. 31, 2008
Insurance - North American [Member]
Dec. 31, 2011
Insurance - North American [Member]
Run Off [Member]
Dec. 31, 2010
Insurance - North American [Member]
Run Off [Member]
Dec. 31, 2010
Insurance - North American [Member]
LOB Brandywine And Westchester Specialty Run Off [Member]
Underwriting Period Reserve Review [Member]
Run Off [Member]
Dec. 31, 2011
Insurance - North American [Member]
LOB Completion Of Reserve Review [Member]
Underwriting Period 2011 [Member]
Run Off [Member]
Dec. 31, 2011
Insurance - North American [Member]
Short Tail [Member]
Dec. 31, 2010
Insurance - North American [Member]
Short Tail [Member]
Active [Member]
Dec. 31, 2010
Insurance - North American [Member]
Short Tail [Member]
LOB Crop Hail [Member]
Underwriting Period 2009 And Prior [Member]
Dec. 31, 2011
Insurance - North American [Member]
Short Tail [Member]
LOB Property [Member]
Underwriting Period 2009 To 2010 [Member]
Dec. 31, 2010
Insurance - North American [Member]
Short Tail [Member]
LOB Other Lines [Member]
Underwriting Period 2007 To 2009 [Member]
Dec. 31, 2011
Insurance - North American [Member]
Short Tail [Member]
LOB Other Lines [Member]
Underwriting Period Various [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
Run Off [Member]
Dec. 31, 2009
Insurance - North American [Member]
Long Tail [Member]
Run Off [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Excess Casualty [Member]
Underwriting Period 2005 And Prior [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Excess Casualty [Member]
Underwriting Period 2007 [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Workers Compensation [Member]
Underwriting Period 2008 [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Brandywine And Westchester Specialty Run Off [Member]
Underwriting Period 1999 And Prior [Member]
Run Off [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Brandywine And Westchester Specialty Run Off [Member]
Underwriting Period 2000 And Prior [Member]
Run Off [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Brandywine And Westchester Specialty Run Off [Member]
Underwriting Period 2011 [Member]
Run Off [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Financial Solutions [Member]
Underwriting Period 2000 And Prior [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Financial Solutions [Member]
Underwriting Period 2002 To 2010 [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Errors And Omission And Directors And Officers [Member]
Underwriting Period 2006 And Prior [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
D & O Portfolio [Member]
Underwriting Period 2006 And Prior [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Errors And Omissions Coverage [Member]
Underwriting Period 2007 To 2008 [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Medical Risk Operations [Member]
Underwriting Period 2002 To 2010 [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB National Accounts [Member]
Underwriting Period 2005 And 2006 And 2009 [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB National Accounts [Member]
Underwriting Period 2002 To 2010 [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Foreign Casualty Products [Member]
Underwriting Period 2007 And Prior [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Surety Business [Member]
Underwriting Period 2007 [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Environmental Liability Product Line [Member]
Underwriting Period 2005 To 2007 [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Other Lines [Member]
Underwriting Period Various [Member]
Dec. 31, 2010
Insurance - North American [Member]
Long Tail [Member]
LOB Other Lines [Member]
Underwriting Period Various [Member]
Dec. 31, 2011
Insurance - North American [Member]
Long Tail [Member]
LOB Other Lines [Member]
Underwriting Period Various [Member]
Run Off [Member]
Dec. 31, 2011
Insurance - Overseas General [Member]
Dec. 31, 2010
Insurance - Overseas General [Member]
Dec. 31, 2009
Insurance - Overseas General [Member]
Dec. 31, 2008
Insurance - Overseas General [Member]
Dec. 31, 2011
Insurance - Overseas General [Member]
Short Tail [Member]
LOB Property [Member]
Underwriting Period 2007 To 2009 [Member]
Dec. 31, 2011
Insurance - Overseas General [Member]
Short Tail [Member]
LOB Property Energy Marine Accident And Health [Member]
Underwriting Period 2008 To 2009 [Member]
Dec. 31, 2011
Insurance - Overseas General [Member]
Long Tail [Member]
Dec. 31, 2010
Insurance - Overseas General [Member]
Long Tail [Member]
Dec. 31, 2010
Insurance - Overseas General [Member]
Long Tail [Member]
LOB Casualty And Financial Lines [Member]
Underwriting Period 2006 And Prior [Member]
Dec. 31, 2011
Insurance - Overseas General [Member]
Long Tail [Member]
LOB Casualty And Financial Lines [Member]
Underwriting Period 2007 And Prior [Member]
Dec. 31, 2010
Insurance - Overseas General [Member]
Long Tail [Member]
LOB Casualty And Financial Lines [Member]
Underwriting Period 2007 To 2009 [Member]
Dec. 31, 2011
Insurance - Overseas General [Member]
Long Tail [Member]
LOB Casualty And Financial Lines [Member]
Underwriting Period 2008 To 2010 [Member]
Dec. 31, 2011
Segment Global Reinsurance [Member]
Dec. 31, 2010
Segment Global Reinsurance [Member]
Dec. 31, 2009
Segment Global Reinsurance [Member]
Dec. 31, 2008
Segment Global Reinsurance [Member]
Dec. 31, 2011
Segment Global Reinsurance [Member]
Short Tail [Member]
Underwriting Period 2009 And Prior [Member]
Dec. 31, 2010
Segment Global Reinsurance [Member]
Short Tail [Member]
LOB Property And Trade Credit [Member]
Underwriting Period 2003 To 2008 [Member]
Dec. 31, 2011
Segment Global Reinsurance [Member]
Long Tail [Member]
Dec. 31, 2010
Segment Global Reinsurance [Member]
Long Tail [Member]
Dec. 31, 2010
Segment Global Reinsurance [Member]
Long Tail [Member]
Underwriting Period 2003 To 2006 [Member]
Dec. 31, 2011
Segment Global Reinsurance [Member]
Long Tail [Member]
Professional Liability, D & O, Casualty, And Medical Malpractice [Member]
Dec. 31, 2011
Brandywine [Member]
Dec. 31, 2010
Brandywine [Member]
Dec. 31, 2011
Westchester Specialty [Member]
Dec. 31, 1998
Westchester Specialty [Member]
Dec. 31, 2011
ACE Bermuda [Member]
Unpaid Losses And Loss Expenses [Line Items]                                                                                                                                              
Net losses and loss expenses incurred, Prior years $ (556,000,000) $ (503,000,000) $ (576,000,000)       $ 297,000,000 $ 239,000,000 $ 179,000,000       $ 89,000,000 $ 82,000,000 $ 111,000,000 $ 137,000,000 $ 41,000,000 $ 48,000,000 $ 96,000,000 $ 63,000,000 $ 186,000,000 $ 102,000,000 $ 132,000,000   $ 54,000,000 $ 91,000,000 $ 30,000,000 $ 114,000,000 $ 18,000,000 $ 102,000,000 $ 49,000,000 $ 26,000,000 $ 105,000,000 $ 82,000,000 $ 40,000,000 $ 43,000,000 $ 54,000,000 $ 28,000,000 $ 26,000,000 $ 21,000,000 $ 29,000,000 $ 25,000,000 $ 15,000,000 $ 3,000,000 $ 290,000,000 $ 290,000,000 $ 255,000,000   $ 131,000,000 $ 136,000,000 $ 154,000,000 $ 159,000,000 $ 241,000,000 $ 337,000,000 $ 82,000,000 $ 183,000,000 $ 71,000,000 $ 106,000,000 $ 142,000,000   $ 13,000,000 $ 34,000,000 $ 58,000,000 $ 72,000,000 $ 96,000,000 $ 79,000,000          
Percent of prior period net unpaid reserves represented by prior period development               1.90% 1.50% 1.20%   0.60%                       0.80%                                           4.20% 4.30% 4.20%                   3.10% 4.70% 5.60%                      
Unallocated loss adjustment expenses due to operating expenses paid and reserved 10,076,000,000 8,082,000,000 7,998,000,000               17,000,000                                                                                                                        
A&E - change in net loss reserves                                                                                                                                     76,000,000 84,000,000 6,000,000    
A&E - change in gross loss reserves                                                                                                                                     241,000,000 247,000,000 29,000,000    
A&E - loss reserves, net - closing 1,196,000,000 1,335,000,000                                                                                     83,000,000                                           909,000,000   143,000,000   61,000,000
A&E net - incurred activity 104,000,000                                                                                       3,000,000                                           59,000,000   48,000,000    
NICO reinsurance protection on losses and loss expenses 2,500,000,000                                                                                                                                            
NICO % reinsurance protection on losses and loss expenses incurred on or before 12/31/96 net of retention                                                                                                                                           75.00%  
NICO reinsurance protection on losses and loss expenses incurred on or before 12/31/96 net of retention                                                                                                                                           1,000,000,000  
NICO retention for losses and loss expenses incurred on or before 12/31/96                                                                                                                                           721,000,000  
NICO pro-rata share of reinsurance protection before 12/31/92                                                                                                                                           85.00%  
NICO reinsurance protection on losses and loss expenses incurred on or before 12/31/92 net of retention                                                                                                                                           150,000,000  
NICO retention for losses and loss expenses incurred on or before 12/31/92                                                                                                                                           755,000,000  
NICO remaining unused limit under the 1998 agreement                                                                                                                                           504,000,000  
Statutory surplus required by Century under the 1996 Pennsylvania insurance department restructuring order           25,000,000                                                                                                                                  
Dividend retention fund established by INA Financial Corporation 50,000,000                                                                                                                                            
The minimum required balance of the Dividend Retention Fund 50,000,000                                                                                                                                            
Contributions to the dividend retention fund 35,000,000 15,000,000                                                                                                                                          
Minimum capital contributions from the dividend retention fund to century not be required for xol agreement 200,000,000                                                                                                                                            
Increase in Century's assets as a result of a transfer in CIRC stock 169,000,000                                                                                                                                            
Increase in Century's surplus as a result of a transfer in CIRC stock       26,000,000                                                                                                                                      
Statutory surplus of century 25,000,000     51,000,000                                                                                                                                      
Aggregate reinsurance balances ceded by active ACE entities to Century 877,000,000 881,000,000                                                                                                                                          
Gross reserves carried by Century 2,400,000,000 2,700,000,000                                                                                                                                          
Minimum number of years for which liabilities relating to intercompany recoverables are payable 25                                                                                                                                            
Remaining cover on a paid loss basis after being ceded from Century to NICO 624,000,000 928,000,000                                                                                                                                          
Losses ceded by Century to the active ACE Companies and other amounts owed to Century 526,000,000 453,000,000                                                                                                                                          
INA Holdings contribution to Century in exchange for a surplus note         100,000,000                                                                                                                                    
Statutory-basis losses ceded to the XOL agreement on an inception to date basis 146,000,000                                                                                                                                            
Amount of undiscounted losses ceded under the XOL agreement 440,000,000                                                                                                                                            
Remaining limit of coverage under the XOL agreement 360,000,000   410,000,000                                                                                                                                        
Amount of excess of loss (XOL) reinsurance coverage provided to Century 800,000,000                                                                                                                                            
Minimum capital and surplus for the XOL not to be triggered $ 25,000,000