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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Premiums Earned $ 12,066 $ 11,838 $ 11,644
Investment Income 1,465 1,556 1,644
Other Revenues 14 8 9
Realized Investment Gains (Losses), Net      
Total Other-Than-Temporary Impairment Losses on Investments (11) (40) (22)
Other-Than-Temporary Impairment Losses on Investments Recognized in Other Comprehensive Income   (5) (1)
Other Realized Investment Gains, Net 413 238 311
Total Realized Investment Gains, Net 402 193 288
TOTAL REVENUES 13,947 13,595 13,585
Losses and Expenses      
Losses and Loss Expenses 6,520 7,507 7,407
Amortization of Deferred Policy Acquisition Costs 2,454 2,411 2,330
Other Insurance Operating Costs and Expenses 1,411 1,362 1,312
Investment Expenses 49 38 39
Other Expenses 22 11 11
Corporate Expenses 254 270 287
TOTAL LOSSES AND EXPENSES 10,710 11,599 11,386
INCOME BEFORE FEDERAL AND FOREIGN INCOME TAX 3,237 1,996 2,199
Federal and Foreign Income Tax 892 451 521
NET INCOME $ 2,345 $ 1,545 $ 1,678
Net Income Per Share      
Basic $ 9.08 $ 5.73 $ 5.80
Diluted $ 9.04 $ 5.69 $ 5.76