XML 113 R94.htm IDEA: XBRL DOCUMENT v3.22.4
Unpaid losses and loss expenses Unpaid losses and loss expenses (Supplementary PPD Reconciliation) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense [1] $ (1,153) $ (986) $ (414)
Prior Period Development, net Adjustments 277 60 19
Net Prior Period Development (876) (926) (395)
Alternative Risk Solutions [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 161    
North America Workers' Compensation [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 46    
Colorado Wildfire      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 48    
Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development 58 (44) (313)
Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development (934) (882) (82)
Segments included in loss triangles [Domain]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (1,285)    
Other PPD adjustments [2] (440)    
Prior Period Development, net Adjustments 111    
Net Prior Period Development (1,174)    
Segments included in loss triangles [Domain] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (7)    
Segments included in loss triangles [Domain] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (838)    
North America Commercial P&C Insurance [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (674)    
Other PPD adjustments [2],[3] (283)    
Prior Period Development, net Adjustments [4] 112    
Net Prior Period Development (562) (762) (702)
North America Commercial P&C Insurance [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 11    
North America Commercial P&C Insurance [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (402)    
North America Commercial P&C Insurance [Member] | Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (314)    
Other PPD adjustments [2] (253)    
Prior Period Development, net Adjustments 85    
Net Prior Period Development (229) (482) (672)
North America Commercial P&C Insurance [Member] | Long Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 22    
North America Commercial P&C Insurance [Member] | Long Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (83)    
North America Commercial P&C Insurance [Member] | Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (360)    
Other PPD adjustments [2] (30)    
Prior Period Development, net Adjustments 27    
Net Prior Period Development (333) (280) (30)
North America Commercial P&C Insurance [Member] | Short Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (11)    
North America Commercial P&C Insurance [Member] | Short Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (319)    
North America Personal P&C Insurance [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development (186) (305) 63
North America Personal P&C Insurance [Member] | Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development 0 0 0
North America Personal P&C Insurance [Member] | Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (186)    
Other PPD adjustments [2],[5] (58)    
Prior Period Development, net Adjustments 0    
Net Prior Period Development (186) (305) 63
North America Personal P&C Insurance [Member] | Short Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (5)    
North America Personal P&C Insurance [Member] | Short Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (123)    
Overseas General Insurance [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (448)    
Other PPD adjustments [2],[6] (100)    
Prior Period Development, net Adjustments 0    
Net Prior Period Development (448) (441) (150)
Overseas General Insurance [Member] | International A&H [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 105    
Overseas General Insurance [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (2)    
Overseas General Insurance [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (346)    
Overseas General Insurance [Member] | Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (65)    
Other PPD adjustments [2] 3    
Prior Period Development, net Adjustments 0    
Net Prior Period Development (65) (106) (49)
Overseas General Insurance [Member] | Long Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 8    
Overseas General Insurance [Member] | Long Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (76)    
Overseas General Insurance [Member] | Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (383)    
Other PPD adjustments [2] (103)    
Prior Period Development, net Adjustments 0    
Net Prior Period Development (383) (335) (101)
Overseas General Insurance [Member] | Short Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (10)    
Overseas General Insurance [Member] | Short Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (270)    
Global Reinsurance [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 23    
Other PPD adjustments [2] 1    
Prior Period Development, net Adjustments (1)    
Net Prior Period Development 22 3 (29)
Global Reinsurance [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (11)    
Global Reinsurance [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 33    
Global Reinsurance [Member] | Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (7)    
Other PPD adjustments [2] 1    
Prior Period Development, net Adjustments 0    
Net Prior Period Development (7) (25) (25)
Global Reinsurance [Member] | Long Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (7)    
Global Reinsurance [Member] | Long Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (1)    
Global Reinsurance [Member] | Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 30    
Other PPD adjustments [2] 0    
Prior Period Development, net Adjustments (1)    
Net Prior Period Development 29 28 (4)
Global Reinsurance [Member] | Short Tail [Member] | Accident years prior to 2013      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (4)    
Global Reinsurance [Member] | Short Tail [Member] | 2013 - 2021 accident years (implied PPD per loss triangles)      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 34    
North America Agricultural Insurance [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development (61) 10 (10)
North America Agricultural Insurance [Member] | Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development 0 0 0
North America Agricultural Insurance [Member] | Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense (227)    
Prior Period Development, net Adjustments 166    
Net Prior Period Development (61) 10 (10)
Corporate Segment [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development 359 569 433
Corporate Segment [Member] | Long Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Prior Year Claims and Claims Adjustment Expense 359    
Prior Period Development, net Adjustments 0    
Net Prior Period Development 359 569 433
Corporate Segment [Member] | Short Tail [Member]      
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]      
Net Prior Period Development $ 0 $ 0 $ 0
[1] Relates to prior period loss reserve development only and excludes prior period development related to reinstatement premiums, expense adjustments, and earned premiums totaling $277 million, $60 million, and $19 million for 2022, 2021, and 2020, respectively.
[2] Other includes the impact of foreign exchange.
[3] Includes favorable development of $161 million related to our Alternative Risk Solutions business (U.S. and Bermuda) and an adjustment to exclude $46 million in unfavorable development in the workers' compensation line, associated with an increase in exposure for which additional premiums were collected; the remaining difference relates to a number of other items, none of which are individually material.
[4] Includes premium returns associated with our Alternative Risk Solutions business, which is excluded from the triangles.
[5] Includes $48 million relating to the Colorado Wildfire CAT event that began December 30, 2021.
[6] Includes favorable development of $105 million related to International A&H business; the remaining difference relates to a number of other items, none of which are individually material.