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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Revenues      
Premiums earned $ 1,288 $ 1,175  
Net investment income 109 103  
Net realized investment gains 56 249  
Net impairment losses recognized in earnings 0 0  
Equity in earnings of limited partnerships 50 36  
Other income 8 8  
Total revenues 1,511 1,571  
Benefits and expenses      
Insurance losses and loss expenses 1,034 842  
Policy acquisition and underwriting expenses 321 293  
Total benefits and expenses 1,355 1,135  
Income (loss) from operations before income taxes and noncontrolling interest 156 436  
Provision for income taxes 47 146  
Net income (loss) 109 290 1,048
Less: Net income attributable to noncontrolling interest in consolidated entity – Exchange 63 253  
Net income attributable to Indemnity 46 37  
Indemnity
     
Revenues      
Net investment income 4 4  
Net realized investment gains 1 0  
Equity in earnings of limited partnerships 6 3  
Benefits and expenses      
Income (loss) from operations before income taxes and noncontrolling interest 69 56  
Provision for income taxes 23 19  
Net income (loss) 46   163
Net income attributable to Indemnity $ 46 $ 37  
Class A | Indemnity
     
Net income attributable to Indemnity per share      
Common stock - basic (in dollars per share) $ 0.99 $ 0.78  
Common stock - diluted (in dollars per share) $ 0.88 $ 0.69  
Weighted average shares outstanding attributable to Indemnity - Basic      
Common stock - basic (in shares) 46,402,270 46,774,968  
Weighted average shares outstanding attributable to Indemnity - Diluted      
Common stock - diluted (in shares) 52,598,211 52,960,165  
Dividends declared per share      
Common stock (in dollars per share) $ 0.6350 $ 0.5925 $ 2.4125
Class B | Indemnity
     
Net income attributable to Indemnity per share      
Common stock - basic (in dollars per share) $ 149.00 $ 117.00  
Common stock - diluted (in dollars per share) $ 149.00 $ 117.00  
Weighted average shares outstanding attributable to Indemnity - Basic      
Common stock - basic (in shares) 2,542 2,542  
Weighted average shares outstanding attributable to Indemnity - Diluted      
Common stock - diluted (in shares) 2,542 2,542  
Dividends declared per share      
Common stock (in dollars per share) $ 95.2500 $ 88.8750 $ 361.8750