Segments Information (Tables)

9 Months Ended

Sep. 30, 2012

Revenues and Income Before Income Tax of Each Operating Segment

Revenues and income before income tax of each operating segment were as follows:

	Periods Ended September 30
	Third Quarter						Nine Months
	2012			2011			2012			2011
	(in millions)
Revenues
Property and casualty insurance
Premiums earned
Personal insurance	$	1,009		$	987		$	3,013		$	2,924
Commercial insurance		1,299			1,249			3,890			3,692
Specialty insurance		669			693			2,005			2,077
Total insurance		2,977			2,929			8,908			8,693
Reinsurance assumed		—			3			3			6
		2,977			2,932			8,911			8,699
Investment income		373			404			1,145			1,200
Total property and casualty insurance		3,350			3,336			10,056			9,899
Corporate and other		12			13			36			41
Realized investment gains, net		—			71			103			300
Total revenues	$	3,362		$	3,420		$	10,195		$	10,240
Income (loss) before income tax
Property and casualty insurance
Underwriting
Personal insurance	$	155		$	(168	)	$	374		$	(84	)
Commercial insurance		194			8			263			(90	)
Specialty insurance		63			89			194			368
Total insurance		412			(71	)		831			194
Reinsurance assumed		15			11			34			26
		427			(60	)		865			220
Increase (decrease) in deferred policy acquisition costs		(9	)		13			15			70
Underwriting income (loss)		418			(47	)		880			290
Investment income		364			396			1,117			1,171
Other income		1			8			6			24
Total property and casualty insurance		783			357			2,003			1,485
Corporate and other loss		(56	)		(62	)		(173	)		(188	)
Realized investment gains, net		—			71			103			300
Total income before income tax	$	727		$	366		$	1,933		$	1,597