Summary of Reserve for Claim Losses (Tables)

3 Months Ended

Mar. 31, 2020

Insurance [Abstract]

Summary of the Reserve for Claim Losses

A summary of the reserve for claim losses follows:

	Three months ended March 31,
	2020			2019
	(Dollars in millions)
Beginning balance	$	1,509		$	1,488
Change in reinsurance recoverable	(1)			(1)
Claim loss provision related to:
Current year	58			45
Prior years	—			—
Total title claim loss provision	58			45
Claims paid, net of recoupments related to:
Current year	—			(1)
Prior years	(48)			(48)
Total title claims paid, net of recoupments	(48)			(49)
Ending balance of claim loss reserve for title insurance	$	1,518		$	1,483
Provision for title insurance claim losses as a percentage of title insurance premiums	4.5		%	4.5		%