Reserve for Unpaid Losses and Loss Adjustment Expenses (Tables)

3 Months Ended

Mar. 31, 2018

Property and Casualty Insurance Products

Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses



	For the three months ended March 31,
	2018			2017
Beginning liabilities for unpaid losses and loss adjustment expenses, gross	$	23,775		$	22,545
Reinsurance and other recoverables	3,957			3,488
Beginning liabilities for unpaid losses and loss adjustment expenses, net	19,818			19,057
Provision for unpaid losses and loss adjustment expenses
Current accident year	1,640			1,762
Prior accident year development	(32		)	12
Total provision for unpaid losses and loss adjustment expenses	1,608			1,774
Less: payments
Current accident year	327			352
Prior accident years	1,322			1,300
Total payments	1,649			1,652
Ending liabilities for unpaid losses and loss adjustment expenses, net	19,777			19,179
Reinsurance and other recoverables	3,938			3,478
Ending liabilities for unpaid losses and loss adjustment expenses, gross	$	23,715		$	22,657

Unfavorable (Favorable) Prior Accident Year Development



	For the three months ended March 31,
	2018			2017
Workers’ compensation	$	(25	)	$	(20	)
Workers’ compensation discount accretion	10			8
General liability	8			10
Package business	8			—
Commercial property	(13		)	1
Professional liability	2			—
Bond	—			(10		)
Automobile liability - Commercial Lines	(5		)	20
Automobile liability - Personal Lines	—			—
Homeowners	(12		)	—
Net asbestos reserves	—			—
Net environmental reserves	—			—
Catastrophes	(3		)	(3		)
Uncollectible reinsurance	—			—
Other reserve re-estimates, net	(2		)	6
Total prior accident year development	$	(32	)	$	12

Group Life, Disability and Accident Products

Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses



	For the three months ended March 31,
	2018			2017
Beginning liabilities for unpaid losses and loss adjustment expenses, gross	$	8,512		$	5,772
Reinsurance recoverables	209			208
Beginning liabilities for unpaid losses and loss adjustment expenses, net	8,303			5,564
Provision for unpaid losses and loss adjustment expenses
Current incurral year	1,185			678
Prior year's discount accretion	62			52
Prior incurral year development [1]	(127		)	(69		)
Total provision for unpaid losses and loss adjustment expenses [2]	1,120			661
Less: payments
Current incurral year	318			178
Prior incurral years	840			519
Total payments	1,158			697
Ending liabilities for unpaid losses and loss adjustment expenses, net	8,265			5,528
Reinsurance recoverables	233			208
Ending liabilities for unpaid losses and loss adjustment expenses, gross	$	8,498		$	5,736


[1]	Prior incurral year development represents the change in estimated ultimate incurred losses and loss adjustment expenses for prior incurral years on a discounted basis.


[2]	Includes unallocated loss adjustment expenses of $41, and $24 for the three months ended March 31, 2018 and 2017, respectively, that are recorded in insurance operating costs and other expenses in the Condensed Consolidated Statements of Operations.