Schedule V Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2014

Valuation and Qualifying Accounts

												Schedule V

For the years ended December 31, 2014, 2013 and 2012

				Additions
		Balance,		Charged to				Activity of
		Beginning		Costs and				Discontinued		Divested		Other		Balance,
(in millions)		of year		Expenses		Charge Offs		Operations		Businesses		Changes^*		End of year
2014
Allowance for mortgage and
other loans receivable	$	312	$	(8)	$	(68)	$	-	$	1	$	34	$	271
Allowance for premiums and
insurances balances receivable		560		35		(99)		-		-		(65)		431
Allowance for reinsurance assets		276		4		(3)		-		-		(19)		258
Federal and foreign valuation
allowance for deferred tax assets		3,596		(181)		-		-		-		(1,676)		1,739
2013
Allowance for mortgage and
other loans receivable	$	405	$	20	$	(116)	$	-	$	(6)	$	9	$	312
Allowance for premiums and
insurances balances receivable		624		14		(74)		-		-		(4)		560
Allowance for reinsurance assets		338		(42)		(31)		-		-		11		276
Federal and foreign valuation
allowance for deferred tax assets		8,036		(3,165)		-		(40)		-		(1,235)		3,596
2012
Allowance for mortgage and
other loans receivable	$	740	$	(103)	$	(44)	$	(205)	$	-	$	17	$	405
Allowance for premiums and
insurances balances receivable		484		174		(36)		-		-		2		624
Allowance for reinsurance assets		364		(4)		(1)		-		-		(21)		338
Federal and foreign valuation
allowance for deferred tax assets		11,047		(1,907)		-		-		-		(1,104)		8,036

* Includes recoveries of amounts previously charged off and reclassifications to/from other accounts.