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Reserve for Property and Liability Insurance Claims and Claims Expense (Tables)
6 Months Ended
Jun. 30, 2018
Reserve for Property-Liability Insurance Claims and Claims Expense [Abstract]  
Schedule of liability for unpaid claims and claims adjustment expense
Rollforward of the reserve for property and casualty insurance claims and claims expense
 
 
Six months ended June 30,
($ in millions)

 
2018
 
2017
Balance as of January 1
 
$
26,325

 
$
25,250

Less reinsurance recoverables
 
(6,471
)
 
(6,184
)
Net balance as of January 1
 
19,854

 
19,066

SquareTrade acquisition as of January 3, 2017
 

 
17

Incurred claims and claims expense related to:
 
 
 
 
Current year
 
11,089

 
11,291

Prior years
 
(148
)
 
(186
)
Total incurred
 
10,941

 
11,105

Claims and claims expense paid related to:
 
 
 
 
Current year
 
(5,870
)
 
(6,060
)
Prior years
 
(4,809
)
 
(4,450
)
Total paid
 
(10,679
)
 
(10,510
)
Net balance as of June 30
 
20,116

 
19,678

Plus reinsurance recoverables
 
6,507

 
6,206

Balance as of June 30
 
$
26,623

 
$
25,884