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Fair Value Measurements - Assets and Liabilities by Level (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Fixed maturities:    
Total fixed maturities $ 15,767 $ 17,705
Equity securities 122 111
Short-term investments 296 154
Financial liabilities at fair value:    
Percentage of GMIB exposure covered by retrocessional coverage   55.00%
Variable Annuity [Member] | Guaranteed Minimum Income Benefit [Member]
   
Financial liabilities at fair value:    
Ceded Credit Risk, Number Of External Reinsurers 3 2
Fair Value, Measurements, Recurring [Member]
   
Fixed maturities:    
Federal government and agency 750 902
State and local government 2,276 2,437
Foreign government 1,195 1,322
Corporate 10,520 11,896
Federal agency mortgage-backed 92 122
Other mortgage-backed 64 89
Other asset-backed 870 937
Total fixed maturities 15,767 [1] 17,705 [2]
Equity securities 122 111
Subtotal 15,889 17,816
Short-term investments 296 154
GMIB assets 945 [3] 622 [4]
Other derivative assets 5 [5] 41 [6]
Total financial assets at fair value, excluding separate accounts 17,135 18,633
Financial liabilities at fair value:    
GMIB liabilities 922 1,170
Other derivative liabilities 17 [5] 31 [6]
Total financial liabilities at fair value 939 1,201
Unrealized Appreciation Settlement Annuity 602 875
Fair Value Inputs Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
   
Fixed maturities:    
Federal government and agency 97 156
State and local government 0 0
Foreign government 0 0
Corporate 0 0
Federal agency mortgage-backed 0 0
Other mortgage-backed 0 0
Other asset-backed 0 0
Total fixed maturities 97 [1] 156 [2]
Equity securities 6 4
Subtotal 103 160
Short-term investments 0 0
GMIB assets 0 [3] 0 [4]
Other derivative assets 0 [5] 0 [6]
Total financial assets at fair value, excluding separate accounts 103 160
Financial liabilities at fair value:    
GMIB liabilities 0 0
Other derivative liabilities 0 [5] 0 [6]
Total financial liabilities at fair value 0 0
Fair Value Inputs Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
   
Fixed maturities:    
Federal government and agency 653 746
State and local government 2,276 2,437
Foreign government 1,173 1,298
Corporate 9,983 11,201
Federal agency mortgage-backed 92 122
Other mortgage-backed 63 88
Other asset-backed 256 340
Total fixed maturities 14,496 [1] 16,232 [2]
Equity securities 81 73
Subtotal 14,577 16,305
Short-term investments 296 154
GMIB assets 0 [3] 0 [4]
Other derivative assets 5 [5] 41 [6]
Total financial assets at fair value, excluding separate accounts 14,878 16,500
Financial liabilities at fair value:    
GMIB liabilities 0 0
Other derivative liabilities 17 [5] 31 [6]
Total financial liabilities at fair value 17 31
Fair Value Inputs Level 2 [Member] | Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member]
   
Fixed maturities:    
Other derivative assets 5 5
Fair Value Inputs Level 2 [Member] | Non designated [Member] | Fair Value, Measurements, Recurring [Member]
   
Fixed maturities:    
Other derivative assets   36
Fair Value Inputs Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
   
Fixed maturities:    
Federal government and agency 0 0
State and local government 0 0
Foreign government 22 24
Corporate 537 695
Federal agency mortgage-backed 0 0
Other mortgage-backed 1 1
Other asset-backed 614 597
Total fixed maturities 1,174 [1] 1,317 [2]
Equity securities 35 34
Subtotal 1,209 1,351
Short-term investments 0 0
GMIB assets 945 [3] 622 [4]
Other derivative assets 0 [5] 0 [6]
Total financial assets at fair value, excluding separate accounts 2,154 1,973
Financial liabilities at fair value:    
GMIB liabilities 922 1,170
Other derivative liabilities 0 [5] 0 [6]
Total financial liabilities at fair value 922 1,170
Unrealized Appreciation Settlement Annuity $ 69 $ 108
[1] Fixed maturities included $602 million of net appreciation required to adjust future policy benefits for the run-off settlement annuity business including $69 million of appreciation for securities classified in Level 3.
[2] Fixed maturities included $875 million of net appreciation required to adjust future policy benefits for the run-off settlement annuity business including $108 million of appreciation for securities classified in Level 3.
[3] The GMIB assets represent retrocessional contracts in place from three external reinsurers that cover the exposures on these contracts.
[4] The GMIB assets represent retrocessional contracts in place from two external reinsurers that covered 55% of the exposures on these contracts.
[5] Other derivative assets included $5 million of interest rate and foreign currency swaps qualifying as cash flow hedges. Other derivative liabilities reflected foreign currency and interest rate swaps qualifying as cash flow hedges. See Note 10 for additional information.
[6] Other derivative assets included $5 million of interest rate and foreign currency swaps qualifying as cash flow hedges and $36 million of interest rate swaps not designated as accounting hedges. Other derivative liabilities reflected foreign currency and interest rate swaps qualifying as cash flow hedges. See Note 10 for additional information.