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Consolidated Statements Of Operations and Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Net premiums written $ 4,185 $ 3,798
Increase in unearned premiums (215) (225)
Net premiums earned 3,970 3,573
Net investment income 553 531
Net realized gains (losses):    
Other-than-temporary impairment (OTTI) losses gross (12) (3)
Portion of OTTI losses recognized in other comprehensive income (OCI) 1 0
Net OTTI losses recognized in income (11) (3)
Net realized gains (losses) excluding OTTI losses (93) 209
Total net realized gains (losses) (104) 206
Total revenues 4,419 4,310
Expenses    
Losses and loss expenses 2,161 1,926
Policy benefits 114 131
Policy acquisition costs 728 614
Administrative expenses 535 514
Interest expense 71 60
Other (income) expense (17) (10)
Total expenses 3,592 3,235
Income before income tax 827 1,075
Income tax expense (includes $(3) and $5 income tax (benefit) expense from reclassification of unrealized gains) 93 122
Net income 734 953
Other comprehensive income (loss)    
Unrealized appreciation (depreciation) 519 (116)
Reclassification adjustment for net realized gains included in net income (6) (35)
Unrealized appreciation (Depreciation) after reclassification adjustment 513 (151)
Change in:    
Cumulative translation adjustment (33) (211)
Pension liability (8) 22
Other comprehensive income (loss), before income tax 472 (340)
Income tax (expense) benefit related to OCI items (98) 103
Other comprehensive income (loss) 374 (237)
Comprehensive income 1,108 716
Earnings per share    
Basic earnings per share $ 2.16 $ 2.80
Diluted earnings per share $ 2.14 $ 2.77
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Unrealized Investment Gain (Loss) [Member]
   
Net realized gains (losses):    
Total net realized gains (losses) 6 35
Expenses    
Income tax expense (includes $(3) and $5 income tax (benefit) expense from reclassification of unrealized gains) $ (3) $ 5