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Fair Value Measurements (Financial Instruments Measured At Fair Value On Recurring Basis) (Detail) - USD ($)
$ in Millions
Jun. 30, 2017
Mar. 31, 2017
[1]
Dec. 31, 2016
Jun. 30, 2016
[1],[2]
Mar. 31, 2016
[2]
Dec. 31, 2015
[1],[2]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value $ 81,645   $ 80,115      
Equity securities, at fair value 856   814      
Other Investments 4,685   4,519      
Securities lending collateral 1,545   1,092      
Investment Funds Limited Partnerships Partially Owned Investment Companies Fair Value [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Other Investments 3,711   3,626      
Other Investments [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Other Investments 19   25      
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 81,645   80,115      
Equity securities, at fair value 856   814      
Short-term investments 2,651   3,002      
Other Investments 955   868      
Securities lending collateral 1,545   1,092      
Investment derivative instruments, assets 12   31      
Other Derivative Instruments Fair Value 9   3      
Separate Account Assets 2,248   1,879      
Total assets measured at fair value 89,921   87,804      
Investment derivative instruments, liabilities 35   54      
Other derivative instruments, liability 2   13      
Liabilities, Fair Value Disclosure, Recurring 394   626      
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 877   800      
Equity securities, at fair value 39   41      
Short-term investments 7   25      
Other Investments 243   225      
Total assets measured at fair value 1,166   1,091      
Other derivative instruments, liability 2   13      
Liabilities, Fair Value Disclosure, Recurring 359   572      
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 2,486   2,175      
Equity securities, at fair value 817   773      
Short-term investments 1,421   1,757      
Other Investments 430   384      
Investment derivative instruments, assets 12   31      
Other Derivative Instruments Fair Value 9   3      
Separate Account Assets 2,147   1,784      
Total assets measured at fair value 7,322   6,907      
Investment derivative instruments, liabilities 35   54      
Liabilities, Fair Value Disclosure, Recurring 35   54      
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 78,282   77,140      
Short-term investments 1,223   1,220      
Other Investments 282   259      
Securities lending collateral 1,545   1,092      
Separate Account Assets 101   95      
Total assets measured at fair value 81,433   79,806      
Fair Value, Measurements, Recurring [Member] | U.S. Treasury And Agency [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 3,136   2,870      
Fair Value, Measurements, Recurring [Member] | U.S. Treasury And Agency [Member] | Fair Value, Inputs, Level 1 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 2,486   2,175      
Fair Value, Measurements, Recurring [Member] | U.S. Treasury And Agency [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 650   695      
Fair Value, Measurements, Recurring [Member] | Foreign [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 21,710   21,440      
Fair Value, Measurements, Recurring [Member] | Foreign [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 85   74      
Fair Value, Measurements, Recurring [Member] | Foreign [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 21,625   21,366      
Fair Value, Measurements, Recurring [Member] | Corporate [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 25,364   24,149      
Fair Value, Measurements, Recurring [Member] | Corporate [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 747   681      
Fair Value, Measurements, Recurring [Member] | Corporate [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 24,617   23,468      
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 14,473   14,007      
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 45   45      
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 14,428   13,962      
Fair Value, Measurements, Recurring [Member] | States, Municipalities, And Political Subdivisions [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 16,962   17,649      
Fair Value, Measurements, Recurring [Member] | States, Municipalities, And Political Subdivisions [Member] | Fair Value, Inputs, Level 2 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Available for sale, Fair Value 16,962   17,649      
Guaranteed Minimum Income Benefit [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value 357 [1] $ 466 559 [1] $ 971 $ 839 $ 609
Guaranteed Minimum Income Benefit [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value 357   559      
Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value $ 357 [3]   559      
Guaranteed Minimum Income Benefit [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]            
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]            
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value     $ 559      
[1] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $684 million at June 30, 2017, and $774 million at March 31, 2017, which includes a fair value derivative adjustment of $357 million and $466 million, respectively.
[2] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $1.3 billion at June 30, 2016, and $1.1 billion at March 31, 2016, which includes a fair value derivative adjustment of $971 million and $839 million, respectively. Assets Liabilities Six Months EndedAvailable-for-Sale Debt SecuritiesEquitysecuritiesShort-term investmentsOtherinvestments OtherderivativeinstrumentsGLB(1)June 30, 2017Foreign Corporatesecurities MBS (in millions of U.S. dollars) Balance – beginning of period$74 $681 $45 $41$25$225 $13$559Transfers into Level 3— 57 — ——— —9Transfers out of Level 3— (67) — ——— (9)—Change in Net Unrealized Gains (Losses) included in OCI2 (8) — 1—3 ——Net Realized Gains/Losses1 (1) — ——— (2)(211)Purchases33 221 1 61424 ——Sales(22) (55) (1) (9)—— ——Settlements(3) (81) — —(32)(9) ——Balance – end of period$85 $747 $45 $39$7$243 $2$357Net Realized Gains/Losses Attributable to Changes in Fair Value at the Balance Sheet Date$— $— $— $—$—$— $(2)$(211)(1) Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $684 million at June 30, 2017, and $853 million at December 31, 2016, which includes a fair value derivative adjustment of $357 million and $559 million, respectively. Assets LiabilitiesSix Months EndedAvailable-for-Sale Debt Securities Equitysecurities Short-term investments Otherinvestments Other derivative instruments GLB(1)June 30, 2016Foreign Corporatesecurities MBS (in millions of U.S. dollars) Balance – beginning of period$57 $174 $53 $16 $— $212 $6 $609Transfers into Level 39 18 — — — — — —Transfers out of Level 3(2) — — — — — — —Change in Net Unrealized Gains (Losses) included in OCI9 11 — (1) — — — —Net Realized Gains/Losses(6) (8) — 1 — — 2 362Purchases (2)32 124 1 23 50 14 2 —Sales(8) (30) (5) (2) — — — —Settlements(4) (8) — — — (10) — —Balance – end of period$87 $281 $49 $37 $50 $216 $10 $971Net Realized Gains/Losses Attributable to Changes in Fair Value at the Balance Sheet Date$(5) $(7) $— $— $— $— $2 $362(1) Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets. The liability for GLB reinsurance was $1.3 billion at June 30, 2016, and $888 million at December 31, 2015, which includes a fair value derivative adjustment of $971 million and $609 million, respectively.(2) Includes acquired invested assets as a result of the Chubb Corp acquisition.
[3] Our GLB reinsurance product meets the definition of a derivative instrument for accounting purposes and is accordingly carried at fair value. Excluded from the table above is the portion of the GLB derivative liability classified as Future policy benefits in the Consolidated balance sheets.