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Segments Information (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Revenues and Income Before Income Tax of Each Operating Segment

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

 

     Three Months Ended
March 31
 
     2013     2012  
     (in millions)  

Revenues

    

Property and casualty insurance

    

Premiums earned

    

Personal insurance

   $ 1,031      $ 990   

Commercial insurance

     1,308        1,286   

Specialty insurance

     666        672   
  

 

 

   

 

 

 

Total insurance

     3,005        2,948   

Reinsurance assumed

     (1     3   
  

 

 

   

 

 

 
     3,004        2,951   

Investment income

     363        391   
  

 

 

   

 

 

 

Total property and casualty insurance

     3,367        3,342   

Corporate and other

     12        12   

Realized investment gains, net

     138        56   
  

 

 

   

 

 

 

Total revenues

   $     3,517      $     3,410   
  

 

 

   

 

 

 

Income (loss) before income tax

    

Property and casualty insurance

    

Underwriting

    

Personal insurance

   $ 150      $ 161   

Commercial insurance

     195        51   

Specialty insurance

     95        66   
  

 

 

   

 

 

 

Total insurance

     440        278   

Reinsurance assumed

     4        11   
  

 

 

   

 

 

 
     444        289   

Increase in deferred policy acquisition costs

     41        14   
  

 

 

   

 

 

 

Underwriting income

     485        303   

Investment income

     351        380   

Other income (charges)

     5        (1
  

 

 

   

 

 

 

Total property and casualty insurance

     841        682   

Corporate and other

     (63 )     (59 )

Realized investment gains, net

     138        56   
  

 

 

   

 

 

 

Total income before income tax

   $ 916      $ 679