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Condensed Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2016
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)
2016

 
2016

 
2016

 
2016

Net premiums earned
$
6,597

 
$
7,405

 
$
7,688

 
$
7,059

Net investment income
674

 
708

 
739

 
744

Net realized gains (losses) including OTTI
(394
)
 
(216
)
 
100

 
365

Total revenues
$
6,877

 
$
7,897

 
$
8,527

 
$
8,168

Losses and loss expenses
$
3,674

 
$
4,254

 
$
4,269

 
$
3,855

Policy benefits
$
126

 
$
146

 
$
155

 
$
161

Net income
$
439

 
$
726

 
$
1,360

 
$
1,610

Basic earnings per share
$
0.98

 
$
1.55

 
$
2.90

 
$
3.44

Diluted earnings per share
$
0.97

 
$
1.54

 
$
2.88

 
$
3.41



 
Three Months Ended
 
 
March 31

 
June 30

 
September 30

 
December 31

(in millions of U.S. dollars, except per share data)
2015

 
2015

 
2015

 
2015

Net premiums earned
$
3,927

 
$
4,360

 
$
4,719

 
$
4,207

Net investment income
551

 
562

 
549

 
532

Net realized gains (losses) including OTTI
(89
)
 
126

 
(397
)
 
(60
)
Total revenues
$
4,389

 
$
5,048

 
$
4,871

 
$
4,679

Losses and loss expenses
$
2,122

 
$
2,417

 
$
2,643

 
$
2,302

Policy benefits
$
142

 
$
153

 
$
89

 
$
159

Net income
$
681

 
$
942

 
$
528

 
$
683

Basic earnings per share
$
2.08

 
$
2.89

 
$
1.63

 
$
2.10

Diluted earnings per share
$
2.05

 
$
2.86

 
$
1.62

 
$
2.08