Reserve for Unpaid Losses and Loss Adjustment Expenses (Tables)

6 Months Ended

Jun. 30, 2019

Liabilities for Unpaid Losses and Loss Adjustment Expenses

Unfavorable (Favorable) Prior Accident Year Development



	For the six months ended June 30,
	2019			2018
Workers’ compensation	$	(50	)	$	(73	)
Workers’ compensation discount accretion	17			20
General liability	43			28
Marine	10			—
Package business	(9		)	(7		)
Commercial property	(15		)	(12		)
Professional liability	33			8
Bond	—			—
Assumed Reinsurance	3			—
Automobile liability - Commercial Lines	2			(10		)
Automobile liability - Personal Lines	(5		)	—
Homeowners	1			(13		)
Net asbestos reserves	—			—
Net environmental reserves	—			—
Catastrophes	(22		)	(34		)
Uncollectible reinsurance	—			11
Other reserve re-estimates, net	16			3
Total prior accident year development	$	24		$	(79	)

Property, Liability and Casualty Insurance Product Line

Liabilities for Unpaid Losses and Loss Adjustment Expenses

Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses



	For the six months ended June 30,
	2019		2018
Beginning liabilities for unpaid losses and loss adjustment expenses, gross	$	24,584	$	23,775
Reinsurance and other recoverables	4,232		3,957
Beginning liabilities for unpaid losses and loss adjustment expenses, net	20,352		19,818
Navigators Group acquisition	2,001		—
Provision for unpaid losses and loss adjustment expenses
Current accident year	3,475		3,362
Prior accident year development	24		(79		)
Total provision for unpaid losses and loss adjustment expenses	3,499		3,283
Less payments
Current accident year	848		934
Prior accident years	2,381		2,308
Total payments	3,229		3,242
Ending liabilities for unpaid losses and loss adjustment expenses, net	22,623		19,859
Reinsurance and other recoverables	5,125		3,772
Ending liabilities for unpaid losses and loss adjustment expenses, gross	$	27,748	$	23,631

Group Insurance Policies [Member]

Liabilities for Unpaid Losses and Loss Adjustment Expenses

Rollforward of Liabilities for Unpaid Losses and Loss Adjustment Expenses



	For the six months ended June 30,
	2019			2018
Beginning liabilities for unpaid losses and loss adjustment expenses, gross	$	8,445		$	8,512
Reinsurance recoverables	239			209
Beginning liabilities for unpaid losses and loss adjustment expenses, net	8,206			8,303
Provision for unpaid losses and loss adjustment expenses
Current incurral year	2,269			2,317
Prior year's discount accretion	117			120
Prior incurral year development [1]	(206		)	(217		)
Total provision for unpaid losses and loss adjustment expenses [2]	2,180			2,220
Less: payments
Current incurral year	922			974
Prior incurral years	1,342			1,335
Total payments	2,264			2,309
Ending liabilities for unpaid losses and loss adjustment expenses, net	8,122			8,214
Reinsurance recoverables	234			235
Ending liabilities for unpaid losses and loss adjustment expenses, gross	$	8,356		$	8,449


[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 $85 for the six months ended June 30, 2019 and 2018 that are recorded in insurance operating costs and other expenses in the Condensed Consolidated Statements of Operations