XML 115 R60.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Details 2) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Recognition of premium revenues and contract charges, and related benefits and interest credited      
Valuation allowance for uncollectible premium installment receivables $ 77 $ 70  
Securities loaned      
Cash collateral received as percentage of fair value of domestic securities loaned 102.00%    
Cash collateral received as a percent of fair value of foreign securities loaned 105.00%    
Deferred Policy Acquisition and Sales Inducement Costs      
Present value of future profits 79 95  
Amortization expense of present value of future profits $ 16 $ 41 $ 39
Minimum
     
Deferred Policy Acquisition and Sales Inducement Costs      
Property-liability policies, term for deferment and recognition of premiums 6 months    
Period for amortization of DAC for property-liability insurance 6 months    
Period for amortization of DAC and DSI for interest-sensitive life, fixed annuities and other investment contracts 15 years    
Maximum
     
Securities loaned      
Securities lending transactions length 30 days    
Deferred Policy Acquisition and Sales Inducement Costs      
Property-liability policies, term for deferment and recognition of premiums 12 months    
Period for amortization of DAC for property-liability insurance 12 months    
Period for amortization of DAC and DSI for interest-sensitive life, fixed annuities and other investment contracts 30 years    
Interest-sensitive life insurance | Minimum
     
Deferred Policy Acquisition and Sales Inducement Costs      
Period for amortization of DAC and DSI for interest-sensitive life, fixed annuities and other investment contracts 10 years    
Interest-sensitive life insurance | Maximum
     
Deferred Policy Acquisition and Sales Inducement Costs      
Period for amortization of DAC and DSI for interest-sensitive life, fixed annuities and other investment contracts 20 years    
Fixed annuities | Minimum
     
Deferred Policy Acquisition and Sales Inducement Costs      
Period for amortization of DAC and DSI for interest-sensitive life, fixed annuities and other investment contracts 5 years    
Fixed annuities | Maximum
     
Deferred Policy Acquisition and Sales Inducement Costs      
Period for amortization of DAC and DSI for interest-sensitive life, fixed annuities and other investment contracts 10 years