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Claim and Claim Adjustment Expense Reserves (Tables)
3 Months Ended
Mar. 31, 2019
Insurance [Abstract]  
Reconciliation of Claim and Claim Adjustment Expense Reserves
The following table presents a reconciliation between beginning and ending claim and claim adjustment expense reserves, including claim and claim adjustment expense reserves of Other Insurance Operations.
 
Three Months Ended March 31
 
2019
  
2018
 
(In millions)
      
   
Reserves, beginning of year:
        
Gross
 
$
    21,984
  $    22,004 
Ceded
  
4,019
   3,934 
Net reserves, beginning of year
  
17,965
   18,070 
   
Net incurred claim and claim adjustment expenses:
        
Provision for insured events of current year
  
1,309
   1,246 
Increase (decrease) in provision for insured events of prior years
  
8
   (34
Amortization of discount
  
50
   47 
Total net incurred (a)
  
1,367
   1,259 
   
Net payments attributable to:
        
Current year events
  
(100
  (91
Prior year events
  
(1,309
  (1,219
Total net payments
  
(1,409
  (1,310
   
Foreign currency translation adjustment and other
  
13
   (9
   
Net reserves, end of period
  
17,936
   18,010 
Ceded reserves, end of period
  
3,900
   4,057 
Gross reserves, end of period
 
$
21,836
  $22,067 
  
 
(a)
Total net incurred above does not agree to Insurance claims and policyholders’ benefits as reflected on the Consolidated Condensed Statements of Income due to amounts related to retroactive reinsurance deferred gain accounting, uncollectible reinsurance and loss deductible receivables and benefit expenses related to future policy benefits, which are not reflected in the table above.
Details of the Net Prior Year Development in CNA's Property and Casualty Operations
The following table and discussion present details of the net prior year claim and claim adjustment expense reserve development in CNA’s Property & Casualty Operations:
 
Three Months Ended March 31
 
2019
  2018 
(In millions)
      
   
Medical professional liability
 
$
15
  $20 
Other professional liability and management liability
  
(12
  (34
Surety
  
(25
  (15
Commercial auto
  
(5
  (1
General liability
  
(20
  (8
Workers’ compensation
  
2
   (6
Property and other
  
31
   5 
Total pretax (favorable) unfavorable development
 
$
        (14
 $        (39
  
Schedule of Impact of Loss Portfolio Transfer on the Consolidated Statement of Operations
The following table presents the impact of the loss portfolio transfer on the Consolidated Condensed Statements of Income.
 
Three Months Ended March 31
 
    2019    
      2018    
(In millions)
     
   
Additional amounts ceded under LPT:
        
Net A&EP adverse development before consideration of LPT
     $113 
Provision for uncollectible third-party reinsurance on A&EP
      (16
Total additional amounts ceded under LPT
 
$
-
   97 
Retroactive reinsurance benefit recognized
  
(22
  (57
Pretax impact of deferred retroactive reinsurance
 
$
(22
 $40