XML 81 R70.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Operations By Segment) (Detail) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting Information [Line Items]        
Net premiums written $ 8,355 $ 8,343 $ 16,332 $ 15,656
Net premiums earned 8,128 7,891 15,922 15,028
Losses and loss expenses 6,577 4,715 11,062 8,813
Policy benefits 223 161 352 357
Policy acquisition costs 1,593 1,544 3,208 3,008
Administrative expenses 727 758 1,468 1,468
Underwriting income (loss) (992) 713 (168) 1,382
Net investment income (loss) 827 859 1,688 1,695
Other (income) expense 58 (230) 113 (269)
Amortization of purchased intangibles 72 77 145 153
Segment Income (loss) (295) 1,725 1,262 3,193
Net Realized Gains Losses 30 (223) (928) (320)
Interest expense 128 140 260 280
Chubb integration expenses 0 4 0 7
Income tax benefit (62) 208 153 396
Net income (loss) (331) 1,150 (79) 2,190
North America Commercial P&C Insurance [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 3,720 3,534 6,972 6,485
Net premiums earned 3,595 3,390 6,971 6,475
Losses and loss expenses 3,498 2,214 5,679 4,187
Policy benefits 0 0 0 0
Policy acquisition costs 471 459 963 918
Administrative expenses 249 259 508 499
Underwriting income (loss) (623) 458 (179) 871
Net investment income (loss) 507 521 1,023 1,031
Other (income) expense 4 2 1 (3)
Amortization of purchased intangibles 0 0 0 0
Segment Income (loss) (120) 977 843 1,905
North America Personal P&C Insurance [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 1,327 1,309 2,434 2,365
Net premiums earned 1,192 1,168 2,392 2,322
Losses and loss expenses 762 747 1,445 1,504
Policy benefits 0 0 0 0
Policy acquisition costs 231 237 476 468
Administrative expenses 66 71 134 139
Underwriting income (loss) 133 113 337 211
Net investment income (loss) 65 64 131 128
Other (income) expense 1 1 3 1
Amortization of purchased intangibles 3 3 6 6
Segment Income (loss) 194 173 459 332
North America Agricultural Insurance [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 461 466 618 596
Net premiums earned 376 378 470 433
Losses and loss expenses 312 316 375 289
Policy benefits 0 0 0 0
Policy acquisition costs 29 27 40 34
Administrative expenses 3 4 7 5
Underwriting income (loss) 32 31 48 105
Net investment income (loss) 7 4 16 14
Other (income) expense 1 1 1 1
Amortization of purchased intangibles 6 7 13 14
Segment Income (loss) 32 27 50 104
Overseas General Insurance [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 2,021 2,258 4,619 4,653
Net premiums earned 2,194 2,225 4,501 4,339
Losses and loss expenses 1,485 1,125 2,743 2,231
Policy benefits 0 0 0 0
Policy acquisition costs 624 629 1,266 1,225
Administrative expenses 241 265 499 514
Underwriting income (loss) (156) 206 (7) 369
Net investment income (loss) 124 151 269 295
Other (income) expense 8 3 12 7
Amortization of purchased intangibles 11 12 23 23
Segment Income (loss) (51) 342 227 634
Global Reinsurance [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 207 197 425 399
Net premiums earned 163 159 349 327
Losses and loss expenses 73 90 160 166
Policy benefits 0 0 0 0
Policy acquisition costs 42 42 87 85
Administrative expenses 9 7 19 17
Underwriting income (loss) 39 20 83 59
Net investment income (loss) 51 55 105 111
Other (income) expense (8) (15) (23) (24)
Amortization of purchased intangibles 0 0 0 0
Segment Income (loss) 98 90 211 194
Life Insurance [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 619 579 1,264 1,158
Net premiums earned 608 571 1,239 1,132
Losses and loss expenses 171 189 373 391
Policy benefits 223 161 352 357
Policy acquisition costs 196 150 376 278
Administrative expenses 82 78 158 157
Underwriting income (loss) (64) (7) (20) (51)
Net investment income (loss) 95 97 190 186
Other (income) expense (57) (7) (13) (47)
Amortization of purchased intangibles 1 1 2 1
Segment Income (loss) 87 96 181 181
Corporate Segment [Member]        
Segment Reporting Information [Line Items]        
Net premiums written 0 0 0 0
Net premiums earned 0 0 0 0
Losses and loss expenses 276 34 287 45
Policy benefits 0 0 0 0
Policy acquisition costs 0 0 0 0
Administrative expenses 77 74 143 137
Underwriting income (loss) (353) (108) (430) (182)
Net investment income (loss) (22) (33) (46) (70)
Other (income) expense 109 (215) 132 (204)
Amortization of purchased intangibles 51 54 101 109
Segment Income (loss) (535) 20 (709) (157)
Net Realized Gains Losses 30 (223) (928) (320)
Interest expense 128 140 260 280
Chubb integration expenses   4   7
Income tax benefit (62) 208 153 396
Net income (loss) $ (571) $ (555) $ (2,050) $ (1,160)