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Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations
12 Months Ended
Dec. 31, 2015
Supplemental Information for Property, Casualty Insurance Underwriters [Abstract]  
Schedule VI. Supplemental Information Concerning Property and Casualty Insurance Operations
SCHEDULE VI. SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS
As of and for the years ended December 31
Consolidated Property and Casualty Operations
(In millions)
2015
 
2014
 
2013
Balance Sheet Data
 
 
 
 
 
Deferred acquisition costs
$
597

 
$
600

 


Reserves for unpaid claim and claim adjustment expenses
22,663

 
23,271

 


Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 8.0%)
1,534

 
1,578

 


Unearned premiums
3,671

 
3,592

 


Statement of Operations Data
 
 
 
 
 
Net written premiums
$
6,962

 
$
7,088

 
$
7,348

Net earned premiums
6,921

 
7,212

 
7,271

Net investment income
1,807

 
2,031

 
2,240

Incurred claim and claim adjustment expenses related to current year
4,934

 
5,043

 
5,113

Incurred claim and claim adjustment expenses related to prior years
(255
)
 
(39
)
 
(115
)
Amortization of deferred acquisition costs
1,540

 
1,317

 
1,362

Paid claim and claim adjustment expenses
4,945

 
5,297

 
5,566