XML 70 R55.htm IDEA: XBRL DOCUMENT v3.25.0.1
Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Anticipated amounts due from insureds related to losses under deductible policies $ 1,300 $ 1,200  
Structured settlement annuities, interest rate, low end 6.60% 6.40%  
Discounted reserves for unfunded structured settlements $ 444 $ 465  
Discounted reserves for unfunded structure settlements, discount amount 535 559  
Amount of interest recognized on the discounted reserves of unfunded structured settlements $ 33 $ 34 $ 36
Interest rates at which workers' compensation lifetime claim reserves are discounted at 3.50% 3.50%  
Workers' compensation liability $ 179 $ 196  
Amount of interest accretion recognized on the discounted reserves of workers’ compensation lifetime claim reserves $ 6 9 $ 9
Future policy benefit reserves, cash flows projected to occur beyond tenor with market-observable rates available, grading period 10 years    
Liability balance for guaranty fund $ 86 $ 84  
Percentage of billed receivables compared to total reinsurance receivable 6.00%    
Policyholder dividends, rate on policy earnings 2.00% 2.00% 2.00%
Foreign currency transaction gain (loss), before tax $ (8) $ 9 $ (22)
Operating lease, right-of-use asset, statement of financial position [Extensible List] Other assets Other assets  
Operating lease, liability, statement of financial position [Extensible List] Other liabilities Other liabilities  
Weighted average number diluted shares outstanding adjustment (in shares) 1 1 1
Interest paid, net $ 122 $ 124 $ 109
Income taxes paid 281 282 $ 277
Workers' Compensation Insurance      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Short-duration contracts, discounted liabilities, amount $ 80 $ 88  
Furniture and Fixtures      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Property, plant and equipment, useful life 7 years    
Office Equipment      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Property, plant and equipment, useful life 5 years    
Computer Software, Intangible Asset      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Property, plant and equipment, useful life 10 years    
Minimum      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Warranty coverage term 1 month    
Requisite service period for stock- based compensation expense 3 years    
Minimum | Computer Software, Intangible Asset      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Property, plant and equipment, useful life 3 years    
Maximum      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Warranty coverage term 10 years    
Maximum | Computer Software, Intangible Asset      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Property, plant and equipment, useful life 5 years    
CNAF Consolidated | Loews      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Noncontrolling interest, ownership percentage by parent 92.00%