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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Premiums Earned $ 11,838 $ 11,644 $ 11,215
Investment Income 1,556 1,644 1,665
Other Revenues 8 9 13
Realized Investment Gains (Losses), Net      
Total Other-Than-Temporary Impairment Losses on Investments (40) (22) (6)
Other-Than-Temporary Impairment Losses on Investments Recognized in Other Comprehensive Income (5) (1) (5)
Other Realized Investment Gains, Net 238 311 437
Total Realized Investment Gains, Net 193 288 426
TOTAL REVENUES 13,595 13,585 13,319
Losses and Expenses      
Losses and Loss Expenses 7,507 7,407 6,499
Amortization of Deferred Policy Acquisition Costs 2,411 2,330 [1] 2,183 [1]
Other Insurance Operating Costs and Expenses 1,362 1,312 [1] 1,309 [1]
Investment Expenses 38 39 35
Other Expenses 11 11 15
Corporate Expenses 270 287 290
TOTAL LOSSES AND EXPENSES 11,599 11,386 10,331
INCOME BEFORE FEDERAL AND FOREIGN INCOME TAX 1,996 2,199 2,988
Federal and Foreign Income Tax 451 521 814
NET INCOME $ 1,545 $ 1,678 $ 2,174
Net Income Per Share      
Basic $ 5.73 $ 5.80 $ 6.81
Diluted $ 5.69 $ 5.76 $ 6.76
[1] As Adjusted