XML 30 R79.htm IDEA: XBRL DOCUMENT v2.4.0.8
Unpaid losses and loss expenses (Narrative) (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2004
Dec. 31, 2013
Insurance - Overseas General
Dec. 31, 2012
Insurance - Overseas General
Dec. 31, 2011
Insurance - Overseas General
Dec. 31, 2013
Global Reinsurance
Dec. 31, 2012
Global Reinsurance
Dec. 31, 2011
Global Reinsurance
Dec. 31, 2013
Long tail
Insurance - Overseas General
Dec. 31, 2012
Long tail
Insurance - Overseas General
Dec. 31, 2013
Long tail
Global Reinsurance
Dec. 31, 2013
Long tail
Excess casualty business
Insurance - Overseas General
Dec. 31, 2013
Long tail
Excess casualty business
2009 and prior
Insurance - Overseas General
Dec. 31, 2012
Long tail
Excess casualty business
2009 and prior
Insurance - Overseas General
Dec. 31, 2013
Long tail
Excess casualty business
2008 and prior
Insurance - Overseas General
Dec. 31, 2012
Long tail
Excess casualty business
2008 and prior
Insurance - Overseas General
Dec. 31, 2013
Long tail
Medical risk operations
2009 and prior
Global Reinsurance
Dec. 31, 2012
Long tail
Medical risk operations
2008 and prior
Global Reinsurance
Dec. 31, 2013
Long tail
Financial solutions business
Insurance - Overseas General
Dec. 31, 2013
Long tail
Financial solutions business
2009 and prior
Insurance - Overseas General
Dec. 31, 2013
Long tail
Financial solutions business
2012
Insurance - Overseas General
Dec. 31, 2013
Long tail
Non Medical Professional Liability [Member]
2008 and prior
Global Reinsurance
Dec. 31, 2013
Short tail
Insurance - Overseas General
Dec. 31, 2013
Short tail
Other lines
Insurance - North American Agriculture
Dec. 31, 2012
Short tail
Other lines
Insurance - North American Agriculture
Dec. 31, 2011
Short tail
Other lines
Insurance - North American Agriculture
Dec. 31, 2013
Short tail
Property portfolios
Insurance - Overseas General
Dec. 31, 2012
Short tail
Property portfolios
2009 to 2010
Insurance - Overseas General
Dec. 31, 2013
Short tail
Property portfolios
2008 to 2009
Insurance - Overseas General
Dec. 31, 2013
Short tail
Property portfolios
2009 and prior
Global Reinsurance
Dec. 31, 2012
Short tail
Property portfolios
2009 and prior
Global Reinsurance
Dec. 31, 2013
Short tail
Property portfolios
2008 and prior
Insurance - Overseas General
Dec. 31, 2013
Short tail
Aviation lines [Domain]
2009 and prior
Insurance - Overseas General
Dec. 31, 2013
Insurance - Overseas General
Dec. 31, 2011
Insurance - Overseas General
Dec. 31, 2011
Global Reinsurance
Dec. 31, 2013
Penn Millers
Dec. 31, 2013
Brandywine
Dec. 31, 2012
Brandywine
Dec. 31, 2013
Westchester Specialty
Dec. 31, 2012
Westchester Specialty
Dec. 31, 1998
Westchester Specialty
Dec. 31, 2013
Ace Bermuda [Member]
Dec. 31, 2013
Net of NICO Coverage
Brandywine
Dec. 31, 2013
Net of NICO Coverage
Westchester Specialty
Dec. 31, 2013
Run Off [Member]
Insurance - North American P&C
Dec. 31, 2012
Run Off [Member]
Insurance - North American P&C
Dec. 31, 2011
Run Off [Member]
Insurance - North American P&C
Dec. 31, 2013
Run Off [Member]
Completion of reserve review
Insurance - North American P&C
Dec. 31, 2012
Run Off [Member]
Completion of reserve review
Insurance - North American P&C
Dec. 31, 2011
Run Off [Member]
Insurance - North American
Dec. 31, 2013
Active [Member]
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Insurance - North American P&C
Dec. 31, 2011
Active [Member]
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Directors and Officers (D&O) Portfolio
2007 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Directors and Officers (D&O) Portfolio
2008 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Excess casualty business
2007 and prior
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Excess casualty business
2007 and prior
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Medical risk operations
2007 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Medical risk operations
2007 to 2009
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
National accounts portfolio
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
National accounts portfolio
2007 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
National accounts portfolio
2012
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Foreign casualty Products
2009 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Other lines
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Completion of reserve review
2012
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Long tail
Workers Compensation [Domain]
2006 and prior
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Workers Compensation [Domain]
2006 and prior
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Long tail
Workers Compensation [Domain]
2007 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Short tail
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Short tail
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Short tail
Property and inland marine lines
2008 to 2010
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Short tail
Property and inland marine lines
2009 and prior
Insurance - North American P&C
Dec. 31, 2013
Active [Member]
Short tail
Political risk lines [Domain]
2009 to 2010
Insurance - North American P&C
Dec. 31, 2012
Active [Member]
Short tail
Aviation lines [Domain]
2009 and prior
Insurance - North American P&C
Dec. 31, 2011
Active [Member]
Insurance - North American
Unpaid Losses and Loss Expenses [Line Items]                                                                                                                                                                
Net losses and loss expenses incurred in prior years $ 530,000,000 $ 479,000,000 $ 556,000,000   $ 299,000,000 $ 226,000,000 $ 290,000,000 $ 84,000,000 $ 61,000,000 $ 71,000,000 $ 127,000,000 $ 121,000,000 $ 53,000,000 $ 92,000,000 $ 135,000,000 $ (29,000,000) $ (43,000,000) $ 150,000,000 $ 20,000,000 $ 54,000,000 $ 35,000,000 $ 63,000,000 $ (28,000,000) $ 25,000,000 $ 172,000,000 $ 13,000,000 $ 12,000,000 $ 8,000,000 $ 104,000,000 $ 105,000,000 $ 69,000,000 $ 31,000,000 $ 29,000,000 $ 35,000,000 $ 29,000,000                         $ (193,000,000) $ (168,000,000) $ (102,000,000) $ (161,000,000) $ (150,000,000)   $ 327,000,000 $ 348,000,000 $ (289,000,000) $ 221,000,000 $ 245,000,000 $ 67,000,000 $ 72,000,000 $ 50,000,000 $ 73,000,000 $ 57,000,000 $ 63,000,000 $ 28,000,000 $ 39,000,000 $ 40,000,000 $ 25,000,000 $ 28,000,000 $ 41,000,000 $ (40,000,000) $ (36,000,000) $ 34,000,000 $ 106,000,000 $ 103,000,000 $ 88,000,000 $ 45,000,000 $ 29,000,000 $ 27,000,000  
Prior period net unpaid reserves represented by prior period development (percent)                                                                         (4.20%) (3.10%)                             (0.60%)                                                     (1.80%)
Unallocated loss adjustment expenses due to operating expenses paid and reserved (9,878,000,000) (10,132,000,000) (10,076,000,000)                                                                                                                                                          
A & E - change in net loss reserves                                                                               166,000,000 146,000,000 5,000,000 4,000,000                                                                          
A & E - change in gross loss reserves                                                                               277,000,000 275,000,000 3,000,000 (17,000,000)                                                                          
A & E - loss reserves, net - closing 1,051,000,000 1,106,000,000                                                                   79,000,000     3,000,000 816,000,000   146,000,000     7,000,000                                                                      
A & E - incurred activity, net 171,000,000                                                                             158,000,000   14,000,000                                                                            
NICO reinsurance protection on losses and loss expenses                                                                               2,500,000,000                                                                                
Incurred activity 9,348,000,000 9,653,000,000 9,520,000,000                                                                                     167,000,000 1,000,000                                                                  
NICO pro-rata share of reinsurance protection (percent)                                                                                       75.00%                                                                        
NICO reinsurance protection on losses and loss expenses incurred on or before 12/31/1996, net of retenion                                                                                       1,000,000,000                                                                        
NICO retention for losses and loss expenses incurred on or before 12/31/1996                                                                                       721,000,000                                                                        
NICO remaining unused limit under the 1998 agreement                                                                                       490,000,000                                                                        
Dividend retention fund established by INA Financial Corporation 50,000,000                                                                                                                                                              
Required minimum balance under the dividend retention fund 50,000,000                                                                                                                                                              
Minimum contribution from the dividend retention fund to Century not required for XOL agreement 200,000,000                                                                                                                                                              
Reinsurance coverage to Century provided by ACE INA under XOL 800,000,000                                                                                                                                                              
Statutory surplus of century 25,000,000                                                                                                                                                              
Century Statutory Basis Losses Cede To X O L 232,000,000                                                                                                                                                              
INA Holdings contibutions to Century in exchange for a surplus note       100,000,000                                                                                                                                                        
Aggregate reinsurance balances ceded by active ACE companies to Century 929,000,000 958,000,000                                                                                                                                                            
Century's carried gross reserves (including reserves ceded by active ACE companies) $ 2,300,000,000 $ 2,100,000,000