Condensed Unaudited Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly financial information

	Three Months Ended
	March 31		June 30		September 30		December 31
(in millions of U.S. dollars, except per share data)	2013		2013		2013		2013
Net premiums earned	$	3,573	$	4,067	$	4,610	$	4,363
Net investment income	531		534		522		557
Net realized gains (losses) including OTTI	206		104		40		154		(1)
Total revenues	$	4,310	$	4,705	$	5,172	$	5,074
Losses and loss expenses	$	1,926	$	2,250	$	2,655	$	2,517
Policy benefits	$	131	$	110	$	138	$	136
Net income	$	953	$	891	$	916	$	998
Basic earnings per share	$	2.80	$	2.61	$	2.68	$	2.93
Diluted earnings per share	$	2.77	$	2.59	$	2.66	$	2.90

⁽¹⁾  Includes a realized gain of $92 million for an out-of-period adjustment related to guaranteed living benefits. Refer to Note 4 a) for additional information.

	Three Months Ended
	March 31		June 30			September 30			December 31
(in millions of U.S. dollars, except per share data)	2012		2012			2012			2012
Net premiums earned	$	3,381	$	3,783		$	4,665		$	3,848
Net investment income	544		537			533			567
Net realized gains (losses) including OTTI	260		(394		)	(60		)	272
Total revenues	$	4,185	$	3,926		$	5,138		$	4,687
Losses and loss expenses	$	1,804	$	2,119		$	3,047		$	2,683
Policy benefits	$	147	$	102		$	130		$	142
Net income	$	973	$	328		$	640		$	765
Basic earnings per share	$	2.87	$	0.96		$	1.88		$	2.24
Diluted earnings per share	$	2.84	$	0.96		$	1.86		$	2.22