XML 56 R36.htm IDEA: XBRL DOCUMENT v3.25.1
Reserve for Property and Casualty Insurance Claims and Claims Expense (Tables)
 3 Months Ended
Mar. 31, 2025
Reserve for Property-Liability Insurance Claims and Claims Expense [Abstract]  
Schedule of Rollforward of the Reserve for Property and Casualty Insurance Claims and Claims Expense and Prior Year Reserve Re-Estimates Included in Claims and Claims Expense
Rollforward of the reserve for property and casualty insurance claims and claims expense
Three months ended March 31,
($ in millions)20252024
Balance as of January 1$41,917 $39,858 
Less: recoverables (1)
8,602 8,396 
Net balance as of January 133,315 31,462 
Incurred claims and claims expense related to:
Current year11,066 9,652 
Prior years(251)(151)
Total incurred10,815 9,501 
Claims and claims expense paid related to:
Current year(4,279)(3,163)
Prior years(5,755)(5,990)
Total paid(10,034)(9,153)
Net balance as of March 3134,096 31,810 
Plus: recoverables
9,739 8,333 
Balance as of March 31$43,835 $40,143 
(1)Recoverables comprises reinsurance and indemnification recoverables.
Prior year reserve reestimates included in claims and claims expense (1)
Non-catastrophe losses
Catastrophe losses (2)
Total
($ in millions)
202520242025

202420252024
Three months ended March 31,
Auto$(238)$(67)$(11)$(7)$(249)$(74)
Homeowners(7)(40)(1)(149)(8)(189)
Other personal lines53 55 (7)(3)46 52 
Commercial lines(31)54 3 (3)(28)51 
Other business lines(15)5 — — (15)5 
Run-off Property-Liability
3 4 — — 3 4 
Total prior year reserve reestimates$(235)$11 $(16)$(162)$(251)$(151)
(1)Favorable reserve reestimates are shown in parentheses.
(2)2025 includes $66 million of estimated recoveries related to the Nationwide Reinsurance Program aggregate cover for losses occurring between April 1, 2024 and December 31, 2024.