INSURANCE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2021

Claims Development [Line Items]

Schedule of reconciliation of activity in the liability for unpaid claims and claims adjustment expense

Years Ended December 31,
(in millions)		2021		2020		2019
Liability for unpaid loss and loss adjustment expenses, beginning of year	$	77,720	$	78,328	$	83,639
Reinsurance recoverable		(34,431)		(31,069)		(31,690)
Initial allowance upon CECL adoption		-		164		-
Net Liability for unpaid loss and loss adjustment expenses, beginning of year		43,289		47,423		51,949
Losses and loss adjustment expenses incurred:
Current year		16,434		16,928		17,596
Prior years, excluding discount and amortization of deferred gain		(171)		(90)		(340)
Prior years, discount charge (benefit)		(131)		587		1,063
Prior years, amortization of deferred gain on retroactive reinsurance(a)		(190)		(237)		(219)
Total losses and loss adjustment expenses incurred		15,942		17,188		18,100
Losses and loss adjustment expenses paid:
Current year		(3,868)		(4,062)		(4,894)
Prior years		(11,503)		(14,603)		(18,020)
Total losses and loss adjustment expenses paid		(15,371)		(18,665)		(22,914)
Other changes:
Foreign exchange effect		(593)		815		(6)
Allowance for credit losses		-		(15)		-
Retroactive reinsurance adjustment (net of discount)(b)		546		361		130
Fortitude sale(c)		-		(3,818)		-
Total other changes		(47)		(2,657)		124
Liability for unpaid loss and loss adjustment expenses, end of year:
Net liability for unpaid losses and loss adjustment expenses		43,813		43,289		47,259
Reinsurance recoverable		35,213		34,431		31,069
Total	$	79,026	$	77,720	$	78,328

(a) Includes $53 million, $41 million and $27 million for the retroactive reinsurance agreement with NICO covering U.S. asbestos exposures for the year ended December 31, 2021, 2020 and 2019, respectively.

(b) Includes benefit (charge) from change in discount on retroactive reinsurance in the amount of $(42) million, $340 million and $469 million for the periods ended December 31, 2021, 2020 and 2019, respectively.

(c) On June 2, 2020, AIG completed the Majority Interest Fortitude Sale. Concurrent with the Majority Interest Fortitude Sale, AIG established a reinsurance recoverable. For additional information see Note 1.

Reconciliation of claims development to liability

	Net liability for unpaid losses		Reinsurance recoverable on		Gross liability
	and loss adjustment expenses		unpaid losses and loss		for unpaid
	as presented in the		adjustment expenses included in		losses and loss
(in millions)	disaggregated tables below		the disaggregated tables below		adjustment expenses
U.S. Workers' Compensation (before discount)	$	4,158	$	6,169	$	10,327
U.S. Excess Casualty		3,850		4,195		8,045
U.S. Other Casualty		3,805		4,191		7,996
U.S. Financial Lines		5,356		1,893		7,249
U.S. Property and Special Risks		6,615		3,587		10,202
U.S. Personal Insurance		1,001		2,198		3,199
UK/Europe Casualty and Financial lines		7,175		1,603		8,778
UK/Europe Property and Special Risks		2,631		1,492		4,123
UK/Europe and Japan Personal Insurance		1,962		608		2,570
Total	$	36,553	$	25,936	$	62,489
Reconciling Items
Discount on workers' compensation lines						(1,829)
Other product lines*						15,561
Unallocated loss adjustment expenses						2,805
Total Loss Reserves					$	79,026

*Reinsurance recoverable for other product lines of $9.1 billion resulted in a net liability for unpaid losses and loss adjustment expenses of $6.5 billion for the year ended December 31, 2021.

Reconciliation of change in net ultimate loss and loss adjustment expense to prior year development

Prior Year Development

In the sections below, we provide details by coverage group regarding incurred losses, reserve balances and prior year development. The first table below shows prior year development by coverage group, the first two columns of which will again be presented in the coverage group sections that follow. After this table we describe historical drivers of prior year development as well as actuarial methods and relevant terminology. The following coverage group sections present the undiscounted incurred losses and allocated loss adjustment expenses by accident year on a net basis after reinsurance, with separate presentation of the adverse development cover where applicable, excluding related amortization of the deferred gain. Each section also contains details on drivers of prior year development and a description of our reserving process and methodology. Finally, we show a table of claims payout patterns by coverage.

The following table presents the reconciliation of net prior year development before the adverse development reinsurance agreement (ADC) cessions from the tables below to the net prior year development after ADC cessions and amortization of deferred gain for the year ended December 31, 2021:

		Prior Year		Prior Year					Prior Year
		Development		Development					Development
		Net of External		Net of External			Amortization		After
		Reinsurance		Reinsurance	Re-Attribution		of Deferred		Amortization
		Before ADC		After ADC	of ADC		Gain at		and
(in millions)		Cessions		Cessions(a)	Recovery(b)		Inception		Re-Attribution
U.S. Workers' Compensation	$	(617)	$	(403)	$	80	$	(60)	$	(383)
U.S. Excess Casualty		51		81		(40)		(46)		(5)
U.S. Other Casualty		(1)		74		(23)		(44)		7
U.S. Financial Lines		649		564		(12)		(31)		521
U.S. Property and Special Risks		172		204		(5)		(10)		189
U.S. Personal Insurance		(412)		(411)		-		(2)		(413)
UK/Europe Casualty and Financial lines		210		210		-		-		210
UK/Europe Property and Special Risks		(118)		(118)		-		-		(118)
UK/Europe and Japan Personal Insurance		(173)		(173)		-		-		(173)
Other Operations Run-Off		86		86		-		-		86
Other product lines		(18)		(36)		-		-		(36)
Subtotal, adjusted pre-tax basis	$	(171)	$	78	$	-	$	(193)	$	(115)
Remove impact of Retroactive Reinsurance
Amortization of deferred gain at inception										193
Prior year development ceded under the Asbestos LPT										-
Prior year development ceded under the ADC										(249)
Total, prior years, excluding discount and amortization of deferred gain									$	(171)

(a)Change in net ultimate loss and loss adjustment expenses excludes the portion of prior year development we have ceded under the Asbestos Loss Portfolio Transfer (LPT) and the ADC, both of which are provided by NICO and are considered retroactive reinsurance under U.S. GAAP.(b)Reattribution of the ADC recovery takes place annually as we model the future payments on the subject reserves covered by the ADC to determine when the aggregate payments will exceed the attachment. ADC recoverables are then reallocated by line based on payments expected to be made after attachment point is exceeded.

Schedule of development, (favorable) unfavorable, of incurred losses and loss adjustment expenses for accident year 2009 and prior by operating segment and major class of business

Years Ended December 31,
(in millions)		2021		2020		2019
U.S. Workers' compensation (before discount)	$	(365)	$	(87)	$	(210)
U.S. Excess casualty		(84)		(237)		54
U.S. Other casualty		(17)		(40)		(170)
U.S. Financial Lines		(20)		25		11
U.S. Property and Special Risks		(10)		(6)		(3)
U.S. Personal Insurance		3		3		1
UK/Europe Casualty and Financial Lines		(50)		6		9
UK/Europe Property and Special Risks		(13)		-		(28)
UK/Europe and Japan Personal Insurance		(10)		3		-
Other Operations Run-Off		(10)		4		(46)
All Other including unallocated loss adjustment expenses		7		(128)		116
Total prior year favorable development	$	(569)	$	(457)	$	(266)

Schedule of historical average annual percentage claims payout on an accident year basis

Average Annual Percentage Payout of Incurred Losses by Age, Net of Reinsurance (Unaudited)
Year	1		2		3		4		5		6		7		8		9		10
U.S. Workers' compensation	13.1	%	17.7	%	11.8	%	7.6	%	5.8	%	3.9	%	2.6	%	2.0	%	2.5	%	2.0	%
U.S. Excess casualty	0.8		7.2		10.3		17.1		10.9		9.6		7.7		4.6		(0.2)		1.4
U.S. Other casualty	7.4		13.0		14.8		15.1		13.7		8.2		5.6		2.9		1.4		1.3
U.S. Financial Lines	3.9		17.7		20.3		16.5		12.5		7.8		5.6		5.4		3.6		1.0
U.S. Property and Special Risks	30.7		34.0		12.5		7.9		5.3		3.2		1.1		0.9		0.4		0.2
U.S. Personal Insurance	60.5		27.5		5.2		(0.6)		1.6		0.7		0.4		0.3		0.1		0.1
UK/Europe Casualty and Financial Lines	6.6		16.0		13.0		11.7		10.0		9.1		7.0		4.8		2.6		1.8
UK/Europe Property and Special Risks	22.9		39.1		16.9		7.2		3.3		1.9		0.8		0.7		0.1		0.4
UK/Europe and Japan Personal Insurance	56.7		26.7		7.7		3.8		1.9		1.1		0.6		0.3		0.2		0.1

Schedule of components of the loss reserve discount

	December 31, 2021						December 31, 2020
	North America			Other			North America			Other
	Commercial			Operations			Commercial			Operations
(in millions)	Insurance			Run-Off(b)		Total	Insurance			Run-Off(b)		Total
U.S. workers' compensation	$	1,829	$	-	$	1,829	$	1,636	$	-	$	1,636
Retroactive reinsurance		(953)		-		(953)		(911)		-		(911)
Total reserve discount(a)	$	876	$	-	$	876	$	725	$	-	$	725

(a)Excludes $116 million and $151 million of discount related to certain long tail liabilities in the UK at December 31, 2021 and 2020, respectively.

(b)Excludes $500 million and $493 million, respectively, of discount which was 100 percent ceded to Fortitude Re at December 31, 2021 and 2020. On June 2, 2020, we completed the Majority Interest Fortitude Sale. For additional information see Note 1.

The following table presents the net loss reserve discount benefit (charge):

Schedule of loss reserve discount and loss reserve discount benefit (charge)

Years Ended December 31,	2021						2020						2019
	North						North						North
	America			Other			America			Other			America			Other
	Commercial		Operations				Commercial		Operations				Commercial		Operations
(in millions)	Insurance		Run-Off(b)			Total	Insurance		Run-Off			Total	Insurance		Run-Off			Total
Current accident year	$	62	$	-	$	62	$	71	$	-	$	71	$	108	$	-	$	108
Accretion and other adjustments
to prior year discount		(88)		-		(88)		(162)		(18)		(180)		(229)		(87)		(316)
Effect of interest rate changes		219		-		219		(407)		-		(407)		(527)		(220)		(747)
Net reserve discount
benefit (charge)		193		-		193		(498)		(18)		(516)		(648)		(307)		(955)
Change in discount on loss
reserves ceded under
retroactive reinsurance		(42)		-		(42)		340		-		340		469		-		469
Net change in total
reserve discount(a)	$	151	$	-	$	151	$	(158)	$	(18)	$	(176)	$	(179)	$	(307)	$	(486)

(a) Excludes $(35) million, $(20) million, and $9 million of discount related to certain long tail liabilities in the UK at December 31, 2021, 2020, and 2019, respectively.

(b) On June 2, 2020, we completed the Majority Interest Fortitude Sale. For additional information see Note 1. Change in discount prior to the sale is included in the above at December 31, 2020. Following the sale, 100 percent of the discount is ceded to Fortitude Re.

Schedule of policyholder contract deposits by product type

At December 31,
(in millions)		2021		2020*
Policyholder contract deposits:
Individual Retirement	$	87,664	$	84,874
Group Retirement		44,087		43,804
Life Insurance		10,298		10,286
Institutional Markets		10,810		11,361
Fortitude Re		3,827		4,145
Total Policyholder contract deposits	$	156,686	$	154,470

Schedule of universal life policies with secondary guarantees

	Years Ended December 31,
(in millions)		2021		2020(b)		2019(b)
Balance, beginning of year	$	4,751	$	3,787	$	2,893
Incurred guaranteed benefits(a)		603		1,041		514
Paid guaranteed benefits		(489)		(470)		(469)
Changes related to unrealized appreciation (depreciation) of investments		(360)		393		849
Balance, end of year	$	4,505	$	4,751	$	3,787

(a) Incurred guaranteed benefits include the portion of assessments established as additions to reserves as well as changes in estimates (assumption unlockings) affecting these reserves.

(b) Prior periods have been updated to include impacts of the changes related to unrealized appreciation (depreciation) of investments.

Schedule of details concerning universal life policies with secondary guarantees

At December 31,
(dollars in millions)		2021		2020
Account value	$	3,313	$	3,078
Net amount at risk		65,801		63,721
Average attained age of contract holders		53		53

U.S. Workers Compensation

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2021 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	2,382	$	2,194	$	2,286	$	2,260	$	2,334	$	2,308	$	2,259	$	2,247	$	2,224	$	2,218	$	(6)	$	207	72,021	$	(380)	$	(192)	$	1,838	$	15
2013				1,932		1,880		1,950		2,060		2,032		1,974		1,916		1,886		1,877		(9)		190	48,167		(373)		(177)		1,504		13
2014						1,729		1,764		1,866		1,862		1,794		1,709		1,679		1,637		(42)		292	40,776		(466)		(269)		1,171		23
2015								1,708		1,864		1,866		1,814		1,722		1,675		1,634		(41)		421	36,513		(593)		(394)		1,041		27
2016										1,299		1,346		1,318		1,140		1,090		1,075		(15)		293	31,374		-		-		1,075		293
2017												789		850		776		763		731		(32)		255	27,125		-		-		731		255
2018														998		1,021		961		911		(50)		429	21,739		-		-		911		429
2019																887		873		812		(61)		359	16,471		-		-		812		359
2020																		597		573		(24)		276	13,245		-		-		573		276
2021																				597				446	9,067		-		-		597		446
Total																			$	12,065	$	(280)				$	(1,812)			$	10,253
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(7,286)		-					126				(7,160)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				4,635		(365)					(3,570)				1,065
Unallocated loss adjustment expense prior year development																						28
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	9,414	$	(617)				$	(5,256)			$	4,158

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
	Calendar Years Ended December 31, (in millions)													Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
	Unaudited
2012	$	1,819	$	1,814	$	1,793	$	1,804	$	1,826	$	1,838	$	12
2013		1,500		1,494		1,481		1,458		1,520		1,504		(16)
2014		1,311		1,310		1,309		1,329		1,223		1,171		(52)
2015		1,279		1,279		1,318		1,134		1,105		1,041		(64)
2016		1,299		1,346		1,318		1,140		1,090		1,075		(15)
2017				789		850		776		763		731		(32)
2018						998		1,021		961		911		(50)
2019								887		873		812		(61)
2020										597		573		(24)
2021												597
Total	$	7,208	$	8,032	$	9,067	$	9,549	$	9,958	$	10,253	$	(302)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												(7,160)
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												1,065		(31)
Unallocated loss adjustment expense prior year development														(70)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	4,158	$	(403)

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	(515)	$	(494)	$	(466)	$	(443)	$	(398)	$	(380)	$	18
2013		(560)		(538)		(493)		(458)		(366)		(373)		(7)
2014		(555)		(552)		(485)		(380)		(456)		(466)		(10)
2015		(585)		(587)		(496)		(588)		(570)		(593)		(23)
2016		-		-		-		-		-		-		-
2017		-		-		-		-		-		-		-
2018		-		-		-		-		-		-		-
2019		-		-		-		-		-		-		-
2020		-		-		-		-		-		-		-
2021		-		-		-		-		-		-		-
Total	$	(2,216)	$	(2,171)	$	(1,940)	$	(1,869)	$	(1,790)	$	(1,812)	$	(22)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												126
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(3,570)		334
Unallocated loss adjustment expense prior year development														(98)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	(5,256)	$	214

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	415	$	804	$	1,089	$	1,272	$	1,440	$	1,563	$	1,632	$	1,669	$	1,719	$	1,763	$	(33)
2013				282		619		879		1,067		1,214		1,287		1,335		1,372		1,422		(38)
2014						231		558		786		930		1,030		1,096		1,137		1,180		(31)
2015								234		524		725		854		925		979		1,013		(24)
2016										147		378		521		584		630		662		-
2017												93		224		294		333		367		-
2018														85		215		296		359		-
2019																93		219		301		-
2020																		64		159		-
2021																				60		-
Total																			$	7,286	$	(126)

U.S. Excess Casualty

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2021 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	1,607	$	1,403	$	1,242	$	1,488	$	1,537	$	1,486	$	1,558	$	1,502	$	1,390	$	1,428	$	38	$	201	3,844	$	(296)	$	(154)	$	1,132	$	47
2013				1,123		1,035		1,169		1,308		1,241		1,282		1,292		1,316		1,303		(13)		224	3,315		(333)		(182)		970		42
2014						938		1,069		1,275		1,260		1,339		1,283		1,248		1,269		21		288	2,839		(320)		(155)		949		133
2015								989		1,463		1,440		1,603		1,656		1,694		1,721		27		362	2,922		(490)		(248)		1,231		114
2016										898		1,146		1,162		1,171		1,274		1,250		(24)		436	2,454		-		-		1,250		436
2017												856		1,002		1,097		1,153		1,157		4		371	1,812		-		-		1,157		371
2018														648		646		721		769		48		288	1,177		-		-		769		288
2019																577		583		597		14		392	998		-		-		597		392
2020																		406		413		7		371	790		-		-		413		371
2021																				278				245	340		-		-		278		245
Total																			$	10,185	$	122				$	(1,439)			$	8,746
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(5,541)		-					129				(5,412)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				2,196		(84)					(1,680)				516
Unallocated loss adjustment expense prior year development																						13
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	6,840	$	51				$	(2,990)			$	3,850

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	1,175	$	1,163	$	1,254	$	1,214	$	1,137	$	1,132	$	(5)
2013		935		932		981		1,032		970		970		-
2014		902		905		915		844		912		949		37
2015		1,027		1,015		1,139		1,163		1,211		1,231		20
2016		898		1,146		1,162		1,171		1,274		1,250		(24)
2017				856		1,002		1,097		1,153		1,157		4
2018						648		646		721		769		48
2019								577		583		597		14
2020										406		413		7
2021												278
Total	$	4,937	$	6,017	$	7,101	$	7,744	$	8,367	$	8,746	$	101
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												(5,412)
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												516		(112)
Unallocated loss adjustment expense prior year development														92
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	3,850	$	81

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	(362)	$	(323)	$	(304)	$	(288)	$	(253)	$	(296)	$	(43)
2013		(373)		(309)		(301)		(260)		(346)		(333)		13
2014		(373)		(355)		(424)		(439)		(336)		(320)		16
2015		(436)		(425)		(464)		(493)		(483)		(490)		(7)
2016		-		-		-		-		-		-		-
2017		-		-		-		-		-		-		-
2018		-		-		-		-		-		-		-
2019		-		-		-		-		-		-		-
2020		-		-		-		-		-		-		-
2021		-		-		-		-		-		-		-
Total	$	(1,544)	$	(1,412)	$	(1,493)	$	(1,480)	$	(1,418)	$	(1,439)	$	(21)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												129
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(1,680)		(28)
Unallocated loss adjustment expense prior year development														79
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	(2,990)	$	30

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	3	$	106	$	288	$	495	$	649	$	887	$	1,022	$	1,121	$	1,090	$	1,111	$	(24)
2013				15		105		207		387		578		705		819		882		903		(21)
2014						3		77		240		444		590		703		815		839		(28)
2015								9		210		391		718		935		1,061		1,124		(56)
2016										28		80		204		388		502		566		-
2017												1		45		156		505		585		-
2018														1		125		227		315		-
2019																7		43		79		-
2020																		4		15		-
2021																				4		-
Total																			$	5,541	$	(129)

U.S. Other Casualty

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2021 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	1,986	$	2,139	$	2,193	$	2,203	$	2,352	$	2,407	$	2,343	$	2,328	$	2,321	$	2,338	$	17	$	138	44,226	$	(204)	$	(110)	$	2,134	$	28
2013				1,653		1,729		1,912		2,148		2,185		2,164		2,211		2,196		2,178		(18)		194	40,126		(252)		(165)		1,926		29
2014						1,751		1,721		1,963		2,009		1,910		1,916		1,946		1,935		(11)		120	38,149		(213)		(89)		1,722		31
2015								1,329		1,762		1,829		1,736		1,794		1,834		1,824		(10)		85	35,309		(262)		(61)		1,562		24
2016										1,339		1,343		1,321		1,391		1,340		1,323		(17)		238	28,646		-		-		1,323		238
2017												602		629		738		674		668		(6)		115	20,792		-		-		668		115
2018														802		845		837		870		33		355	16,314		-		-		870		355
2019																1,059		1,058		1,053		(5)		683	19,976		-		-		1,053		683
2020																		524		576		52		427	9,958		-		-		576		427
2021																				795				711	7,561		-		-		795		711
Total																			$	13,560	$	35				$	(931)			$	12,629
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(9,436)		-					177				(9,259)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				1,435		(17)					(1,000)				435
Unallocated loss adjustment expense prior year development																						(19)
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	5,559	$	(1)				$	(1,754)			$	3,805

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	2,189	$	2,197	$	2,175	$	2,159	$	2,135	$	2,134	$	(1)
2013		1,948		1,960		1,929		1,948		1,920		1,926		6
2014		1,667		1,678		1,634		1,694		1,701		1,722		21
2015		1,361		1,373		1,423		1,493		1,553		1,562		9
2016		1,339		1,343		1,321		1,391		1,340		1,323		(17)
2017				602		629		738		674		668		(6)
2018						802		845		837		870		33
2019								1,059		1,058		1,053		(5)
2020										524		576		52
2021												795
Total	$	8,504	$	9,153	$	9,913	$	11,327	$	11,742	$	12,629	$	92
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												(9,259)
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												435		(46)
Unallocated loss adjustment expense prior year development														28
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	3,805	$	74

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	(163)	$	(210)	$	(168)	$	(169)	$	(186)	$	(204)	$	(18)
2013		(200)		(225)		(235)		(263)		(276)		(252)		24
2014		(296)		(331)		(276)		(222)		(245)		(213)		32
2015		(401)		(456)		(313)		(301)		(281)		(262)		19
2016		-		-		-		-		-		-		-
2017		-		-		-		-		-		-		-
2018		-		-		-		-		-		-		-
2019		-		-		-		-		-		-		-
2020		-		-		-		-		-		-		-
2021		-		-		-		-		-		-		-
Total	$	(1,060)	$	(1,222)	$	(992)	$	(955)	$	(988)	$	(931)	$	57
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												177
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(1,000)		(29)
Unallocated loss adjustment expense prior year development														47
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	(1,754)	$	75

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	411	$	739	$	1,042	$	1,385	$	1,677	$	1,869	$	2,009	$	2,053	$	2,101	$	2,130	$	(23)
2013				169		594		962		1,248		1,485		1,688		1,809		1,885		1,900		(16)
2014						210		620		868		1,150		1,392		1,572		1,653		1,719		(51)
2015								105		309		769		1,087		1,351		1,485		1,603		(87)
2016										77		298		489		703		846		938		-
2017												51		111		216		314		455		-
2018														43		122		227		360		-
2019																53		138		226		-
2020																		26		73		-
2021																				32		-
Total																			$	9,436	$	(177)

U.S. Financial Lines

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2021 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	1,592	$	1,763	$	1,800	$	1,907	$	1,988	$	1,990	$	2,015	$	2,077	$	2,082	$	2,067	$	(15)	$	63	20,094	$	(117)	$	(52)	$	1,950	$	11
2013				1,790		1,719		1,670		1,613		1,555		1,497		1,509		1,550		1,542		(8)		35	19,150		(127)		(32)		1,415		3
2014						1,812		1,777		1,892		1,927		1,960		1,981		2,000		2,057		57		174	17,630		(296)		(137)		1,761		37
2015								1,737		1,762		1,743		1,788		1,830		1,874		1,959		85		112	16,223		(364)		(101)		1,595		11
2016										1,605		1,855		1,993		2,064		2,139		2,281		142		305	16,111		-		-		2,281		305
2017												1,564		1,675		1,756		1,846		1,898		52		263	15,149		-		-		1,898		263
2018														1,640		1,766		1,882		2,063		181		593	14,721		-		-		2,063		593
2019																1,503		1,536		1,627		91		637	13,122		-		-		1,627		637
2020																		1,213		1,252		39		685	10,055		-		-		1,252		685
2021																				1,430				1,318	6,386		-		-		1,430		1,318
Total																			$	18,176	$	624				$	(904)			$	17,272
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(12,198)		-					326				(11,872)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				138		(20)					(182)				(44)
Unallocated loss adjustment expense prior year development																						45
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	6,116	$	649				$	(760)			$	5,356

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	1,906	$	1,907	$	1,925	$	1,962	$	1,948	$	1,950	$	2
2013		1,442		1,429		1,408		1,409		1,402		1,415		13
2014		1,733		1,729		1,753		1,741		1,759		1,761		2
2015		1,429		1,430		1,462		1,552		1,550		1,595		45
2016		1,605		1,855		1,993		2,064		2,139		2,281		142
2017				1,564		1,675		1,756		1,846		1,898		52
2018						1,640		1,766		1,882		2,063		181
2019								1,503		1,536		1,627		91
2020										1,213		1,252		39
2021												1,430
Total	$	8,115	$	9,914	$	11,856	$	13,753	$	15,275	$	17,272	$	567
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												(11,872)
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(44)		(63)
Unallocated loss adjustment expense prior year development														60
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	5,356	$	564

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	(82)	$	(83)	$	(90)	$	(115)	$	(134)	$	(117)	$	17
2013		(171)		(126)		(89)		(100)		(148)		(127)		21
2014		(159)		(198)		(207)		(240)		(241)		(296)		(55)
2015		(333)		(313)		(326)		(278)		(324)		(364)		(40)
2016		-		-		-		-		-		-		-
2017		-		-		-		-		-		-		-
2018		-		-		-		-		-		-		-
2019		-		-		-		-		-		-		-
2020		-		-		-		-		-		-		-
2021		-		-		-		-		-		-		-
Total	$	(745)	$	(720)	$	(712)	$	(733)	$	(847)	$	(904)	$	(57)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												326
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(182)		(43)
Unallocated loss adjustment expense prior year development														15
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	(760)	$	(85)

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	73	$	403	$	812	$	1,250	$	1,494	$	1,622	$	1,687	$	1,859	$	1,904	$	1,925	$	(19)
2013				41		327		682		945		1,139		1,235		1,314		1,362		1,440		(63)
2014						66		366		849		1,158		1,387		1,573		1,658		1,758		(79)
2015								63		390		791		1,055		1,282		1,488		1,686		(165)
2016										73		499		1,002		1,358		1,659		1,826		-
2017												64		391		761		1,118		1,396		-
2018														86		486		835		1,126		-
2019																94		367		642		-
2020																		84		356		-
2021																				43		-
Total																			$	12,198	$	(326)

U.S. Property and Specialty Risks

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2021 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	4,166	$	4,276	$	4,257	$	4,215	$	4,327	$	4,319	$	4,301	$	4,285	$	4,282	$	4,272	$	(10)	$	39	48,478	$	(16)	$	(6)	$	4,256	$	33
2013				2,528		2,531		2,389		2,434		2,447		2,449		2,440		2,433		2,422		(11)		27	49,990		(32)		(16)		2,390		11
2014						2,943		2,712		2,783		2,770		2,788		2,768		2,750		2,730		(20)		65	60,699		(70)		(33)		2,660		32
2015								3,100		2,982		2,911		2,901		2,865		2,860		2,868		8		77	59,363		(107)		(47)		2,761		30
2016										3,146		3,184		3,099		3,086		3,077		3,061		(16)		38	54,635		-		-		3,061		38
2017												5,368		4,902		4,742		4,740		4,749		9		111	79,437		-		-		4,749		111
2018														3,702		3,757		3,712		3,930		218		346	69,199		-		-		3,930		346
2019																2,809		2,850		2,882		32		300	78,109		-		-		2,882		300
2020																		4,481		4,466		(15)		1,293	66,812		-		-		4,466		1,293
2021																				3,554				1,316	55,054		-		-		3,554		1,316
Total																			$	34,934	$	195				$	(225)				34,709
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(28,355)		-					47				(28,308)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				340		(10)					(126)				214
Unallocated loss adjustment expense prior year development																						(13)
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	6,919	$	172				$	(304)				6,615

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	4,300	$	4,294	$	4,282	$	4,259	$	4,259	$	4,256	$	(3)
2013		2,407		2,409		2,422		2,402		2,397		2,390		(7)
2014		2,716		2,709		2,724		2,692		2,672		2,660		(12)
2015		2,841		2,813		2,814		2,771		2,761		2,761		-
2016		3,146		3,184		3,099		3,086		3,077		3,061		(16)
2017				5,368		4,902		4,742		4,740		4,749		9
2018						3,702		3,757		3,712		3,930		218
2019								2,809		2,850		2,882		32
2020										4,481		4,466		(15)
2021												3,554
Total	$	15,410	$	20,777	$	23,945	$	26,518	$	30,949	$	34,709	$	206
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												(28,308)
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												214		4
Unallocated loss adjustment expense prior year development														(6)
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	6,615	$	204

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	(27)	$	(25)	$	(19)	$	(26)	$	(23)	$	(16)	$	7
2013		(27)		(38)		(27)		(38)		(36)		(32)		4
2014		(67)		(61)		(64)		(76)		(78)		(70)		8
2015		(141)		(98)		(87)		(94)		(99)		(107)		(8)
2016		-		-		-		-		-		-		-
2017		-		-		-		-		-		-		-
2018		-		-		-		-		-		-		-
2019		-		-		-		-		-		-		-
2020		-		-		-		-		-		-		-
2021		-		-		-		-		-		-		-
Total	$	(262)	$	(222)	$	(197)	$	(234)	$	(236)	$	(225)	$	11
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												47
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(126)		14
Unallocated loss adjustment expense prior year development														7
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	(304)	$	32

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	840	$	2,709	$	3,404	$	3,768	$	3,985	$	4,114	$	4,146	$	4,180	$	4,195	$	4,204	$	(5)
2013				734		1,571		1,849		2,042		2,189		2,301		2,326		2,345		2,355		(5)
2014						913		1,761		2,113		2,326		2,465		2,558		2,597		2,628		(13)
2015								1,037		1,871		2,237		2,492		2,618		2,688		2,726		(24)
2016										999		2,027		2,362		2,613		2,798		2,882		-
2017												1,359		3,068		3,790		4,142		4,397		-
2018														1,059		2,649		3,044		3,292		-
2019																1,137		2,032		2,341		-
2020																		1,180		2,356		-
2021																				1,174		-
Total																			$	28,355	$	(47)

U.S. Personal Insurance

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development Excluding the Impact of Adverse Development Reinsurance Agreement		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims		Incurred Impact of Adverse Development Reinsurance Agreement		IBNR Impact of Adverse Development Reinsurance Agreement		2021 (Net of Impact of Adverse Development Reinsurance Agreement)		Total of IBNR Liabilities Net of Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	2,208	$	2,128	$	2,109	$	2,083	$	2,077	$	2,094	$	2,095	$	2,099	$	2,101	$	2,100	$	(1)	$	-	404,039	$	(1)	$	-	$	2,099	$	-
2013				1,887		1,816		1,803		1,782		1,780		1,776		1,777		1,778		1,777		(1)		1	335,374		(1)		(1)		1,776		-
2014						1,552		1,562		1,572		1,572		1,583		1,584		1,588		1,587		(1)		1	275,040		(5)		(1)		1,582		-
2015								1,511		1,498		1,494		1,483		1,482		1,485		1,487		2		10	260,934		(5)		(2)		1,482		8
2016										1,536		1,533		1,533		1,540		1,542		1,544		2		15	247,133		-		-		1,544		15
2017												1,878		2,137		2,011		2,057		1,924		(133)		46	219,420		-		-		1,924		46
2018														2,188		2,193		2,154		1,937		(217)		52	101,536		-		-		1,937		52
2019																1,593		1,664		1,646		(18)		185	91,463		-		-		1,646		185
2020																		954		906		(48)		155	52,251		-		-		906		155
2021																				748				129	40,437		-		-		748		129
Total																			$	15,656	$	(415)				$	(12)				15,644
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(14,582)		-					6				(14,576)
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				(62)		3					(5)				(67)
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	1,012	$	(412)				$	(11)				1,001

Incurred Losses and Loss Adjustment Expenses, Undiscounted, Net of Reinsurance (including impact of ADC)
		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	2,088	$	2,091	$	2,093	$	2,098	$	2,100	$	2,099	$	(1)
2013		1,774		1,774		1,774		1,776		1,776		1,776		-
2014		1,564		1,564		1,571		1,580		1,584		1,582		(2)
2015		1,476		1,475		1,472		1,476		1,480		1,482		2
2016		1,536		1,533		1,533		1,540		1,542		1,544		2
2017				1,878		2,137		2,011		2,057		1,924		(133)
2018						2,188		2,193		2,154		1,937		(217)
2019								1,593		1,664		1,646		(18)
2020										954		906		(48)
2021												748
Total	$	8,438	$	10,315	$	12,768	$	14,267	$	15,311	$	15,644	$	(415)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												(14,576)
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(67)		4
Unallocated loss adjustment expense prior year development														-
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	1,001	$	(411)

The following table provides our attribution of our reinsurance recoverable for the ADC only (included in the table above):

		Calendar Years Ended December 31, (in millions)												Prior Year Development
Accident Year		2016		2017		2018		2019		2020		2021
		Unaudited
2012	$	11	$	(3)	$	(2)	$	(1)	$	(1)	$	(1)	$	-
2013		(8)		(6)		(2)		(1)		(2)		(1)		1
2014		(8)		(8)		(12)		(4)		(4)		(5)		(1)
2015		(22)		(19)		(11)		(6)		(5)		(5)		-
2016		-		-		-		-		-		-		-
2017		-		-		-		-		-		-		-
2018		-		-		-		-		-		-		-
2019		-		-		-		-		-		-		-
2020		-		-		-		-		-		-		-
2021		-		-		-		-		-		-		-
Total	$	(27)	$	(36)	$	(27)	$	(12)	$	(12)	$	(12)	$	-
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance from the table below												6
Liabilities for losses and allocated loss adjustment expenses and prior year development before 2012, net of reinsurance												(5)		1
Liabilities for losses and loss adjustment expenses and prior year loss development, net of reinsurance											$	(11)	$	1

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		Paid Impact of Adverse Development Reinsurance Agreement
	Unaudited
2012	$	1,238	$	1,936	$	1,996	$	2,035	$	2,065	$	2,079	$	2,085	$	2,095	$	2,098	$	2,099	$	(1)
2013				1,109		1,634		1,705		1,744		1,759		1,766		1,772		1,774		1,775		-
2014						959		1,380		1,463		1,507		1,536		1,555		1,568		1,572		(3)
2015								931		1,320		1,411		1,439		1,455		1,461		1,463		(2)
2016										857		1,344		1,422		1,460		1,501		1,512		-
2017												941		1,672		1,896		1,789		1,826		-
2018														1,227		1,939		1,973		1,789		-
2019																884		1,295		1,379		-
2020																		667		679		-
2021																				488		-
Total																			$	14,582	$	(6)

UK/Europe Casualty and Financial Lines

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance*
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims
	Unaudited
2012	$	1,116	$	1,095	$	1,060	$	1,136	$	1,198	$	1,175	$	1,240	$	1,226	$	1,240	$	1,246	$	6	$	38	141,043
2013				1,068		1,114		1,087		1,069		1,075		1,149		1,194		1,218		1,212		(6)		63	109,088
2014						1,066		1,041		1,065		1,029		1,069		1,156		1,100		1,141		41		67	101,702
2015								1,125		1,271		1,267		1,210		1,283		1,272		1,275		3		93	112,671
2016										1,351		1,483		1,538		1,540		1,643		1,640		(3)		200	140,787
2017												1,334		1,359		1,289		1,356		1,419		63		257	148,004
2018														1,379		1,452		1,521		1,551		30		407	151,608
2019																1,483		1,296		1,372		76		543	139,801
2020																		1,253		1,303		50		834	86,834
2021																				1,557				1,204	62,310
Total																			$	13,716	$	260
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(7,339)		-
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				798		(50)
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	7,175	$	210
* The losses reported in the table are not covered by the ADC.

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance*
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021
	Unaudited
2012	$	108	$	311	$	456	$	636	$	769	$	861	$	965	$	1,026	$	1,056	$	1,079
2013				92		347		499		637		756		875		957		1,007		1,040
2014						74		266		422		545		649		718		783		845
2015								73		246		444		584		706		886		979
2016										123		389		602		795		955		1,086
2017												100		288		460		619		774
2018														116		383		586		760
2019																101		323		490
2020																		61		233
2021																				53
Total																			$	7,339
* The losses reported in the table are not covered by the ADC.

UK/Europe Property and Special Risks

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance*
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims
	Unaudited
2012	$	1,336	$	1,230	$	1,160	$	1,144	$	1,125	$	1,130	$	1,115	$	1,096	$	1,103	$	1,104	$	1	$	6	40,170
2013				1,438		1,430		1,319		1,298		1,283		1,274		1,256		1,247		1,246		(1)		2	40,053
2014						1,492		1,517		1,496		1,487		1,495		1,469		1,430		1,425		(5)		(5)	48,480
2015								1,613		1,562		1,544		1,513		1,486		1,475		1,462		(13)		13	53,970
2016										1,581		1,729		1,722		1,724		1,720		1,716		(4)		22	56,996
2017												1,702		1,659		1,650		1,656		1,639		(17)		44	53,464
2018														1,570		1,580		1,555		1,545		(10)		73	44,018
2019																1,206		1,148		1,143		(5)		121	32,749
2020																		1,329		1,278		(51)		281	24,220
2021																				1,223				444	14,493
Total																			$	13,781	$	(105)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(11,204)		-
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				54		(13)
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	2,631	$	(118)
* The losses reported in the table are not covered by the ADC.

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance*
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021
	Unaudited
2012	$	281	$	730	$	922	$	991	$	1,038	$	1,064	$	1,073	$	1,080	$	1,081	$	1,085
2013				336		825		1,053		1,129		1,179		1,200		1,211		1,217		1,219
2014						322		938		1,225		1,296		1,335		1,363		1,373		1,386
2015								352		940		1,223		1,330		1,367		1,390		1,400
2016										467		1,138		1,396		1,534		1,581		1,610
2017												360		965		1,252		1,400		1,458
2018														323		1,002		1,194		1,324
2019																272		666		840
2020																		257		688
2021																				194
Total																			$	11,204
* The losses reported in the table are not covered by the ADC.

UK/Europe and Japan Personal Insurance

Claims Development [Line Items]

Schedule of incurred losses and allocated loss adjustment expenses, Undiscounted and net of reinsurance

Incurred Losses and Allocated Loss Adjustment Expenses, Undiscounted and Net of Reinsurance*
	Years Ended December 31, (in millions)																							December 31, 2021
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021 Prior Year Development		Total of IBNR Liabilities Plus Expected Development on Reported Losses	Cumulative Number of Reported Claims
	Unaudited
2012	$	2,871	$	2,853	$	2,834	$	2,819	$	2,828	$	2,818	$	2,815	$	2,814	$	2,813	$	2,812	$	(1)	$	1	1,730,022
2013				2,720		2,721		2,686		2,686		2,681		2,677		2,674		2,673		2,671		(2)		3	1,736,664
2014						2,682		2,692		2,674		2,671		2,664		2,663		2,664		2,662		(2)		3	1,795,001
2015								2,753		2,728		2,730		2,719		2,718		2,718		2,717		(1)		6	1,775,633
2016										2,703		2,698		2,682		2,674		2,673		2,668		(5)		10	1,797,359
2017												2,643		2,559		2,541		2,536		2,533		(3)		14	1,722,818
2018														3,137		3,050		3,055		3,055		-		59	1,885,145
2019																2,521		2,474		2,473		(1)		89	1,656,951
2020																		2,252		2,104		(148)		141	1,354,093
2021																				2,171				388	1,197,412
Total																			$	25,866	$	(163)
Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of
Reinsurance from the table below																				(23,950)		-
Liabilities for losses and loss adjustment expenses and prior year development
before accident year 2012, net of reinsurance																				46		(10)
Unallocated loss adjustment expense prior year development																						-
Liabilities for losses and loss adjustment expenses and prior year loss
development, net of reinsurance																			$	1,962	$	(173)
* The losses reported in the table are not covered by the ADC.

Schedule of cumulative paid losses and allocated loss adjustment expenses, Net of reinsurance

Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance*
	Years Ended December 31, (in millions)
Accident Year		2012		2013		2014		2015		2016		2017		2018		2019		2020		2021
	Unaudited
2012	$	1,603	$	2,348	$	2,576	$	2,682	$	2,739	$	2,768	$	2,785	$	2,793	$	2,798	$	2,802
2013				1,492		2,229		2,445		2,551		2,607		2,638		2,650		2,657		2,663
2014						1,464		2,206		2,427		2,536		2,593		2,618		2,632		2,641
2015								1,486		2,247		2,468		2,587		2,630		2,661		2,683
2016										1,485		2,211		2,427		2,532		2,587		2,616
2017												1,453		2,164		2,353		2,437		2,479
2018														1,853		2,577		2,781		2,885
2019																1,454		2,090		2,247
2020																		1,212		1,746
2021																				1,188
Total																			$	23,950
* The losses reported in the table are not covered by the ADC.