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Schedule VI (SUPPLEMENTARY INFORMATION CONCERNING PROPERTY AND CASUALTY OPERATIONS) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract]      
Deferred Policy Acquisition Costs $ 4,244 $ 4,161 $ 3,926
Net Reserves for Unpaid Losses 53,164 48,509 48,271
Unearned Premiums 17,652 16,771 15,532
Net Premiums Earned 31,800 30,189 29,042
Net Investment Income 3,074 3,141 3,047
Current Year Claim and Claim Adjustment Expense 22,124 19,575 19,048
Prior Year Claim and Claim Adjustment Expense (414) (845) (981)
Net Losses and Loss Expenses Incurred Related to Prior Year [1] (414) (845) (981)
Amortization of Deferred Policy Acquisition Costs 6,076 5,831 5,630
Net Paid Losses and Loss Expenses 17,434 18,473 18,340
Net Premiums Written $ 32,471 $ 31,126 $ 29,505
[1] Relates to prior period loss reserve development only and excludes prior period development related to reinstatement premiums, expense adjustments and earned premiums totaling $19 million, $53 million, and $85 million for 2020, 2019, and 2018, respectively.