Reserve for Property and Liability Insurance Claims and Claims Expense (Tables)

6 Months Ended

Jun. 30, 2019

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)	2019			2018
Balance as of January 1	$	27,423		$	26,325
Less recoverables (1)	(7,155		)	(6,471		)
Net balance as of January 1	20,268			19,854
Incurred claims and claims expense related to:
Current year	12,250			11,054
Prior years	(74		)	(148		)
Total incurred	12,176			10,906
Claims and claims expense paid related to:
Current year	(6,125		)	(5,835		)
Prior years	(5,237		)	(4,809		)
Total paid	(11,362		)	(10,644		)
Net balance as of June 30	21,082			20,116
Plus recoverables	7,023			6,507
Balance as of June 30	$	28,105		$	26,623

⁽¹⁾ Recoverables comprises reinsurance and indemnification recoverables.