Property and Casualty Unpaid Losses and Loss Expenses (Tables)

12 Months Ended

Dec. 31, 2013

Liability for Claims and Claims Adjustment Expense [Abstract]

Schedule of reconciliation of property and casualty beginning and ending loss and loss expense reserve balances

The following table provides a reconciliation of our property and casualty beginning and ending loss and loss expense reserve balances for the years ended December 31:

(in millions)	Property and Casualty Group
	2013			2012			2011
Losses and loss expense reserves, beginning of year, – Gross	$	3,598		$	3,499		$	3,584
Less: reinsurance recoverable, beginning of year	154			151			188
Losses and loss expense reserves, beginning of year, – Net	3,444			3,348			3,396
Incurred losses and loss expenses related to:
Current accident year	3,379			3,494			3,616
Prior accident years	(19		)	(115		)	(272		)
Total incurred losses and loss expenses	3,360			3,379			3,344
Paid losses and loss expenses related to:
Current accident year	2,007			2,166			2,360
Prior accident years	1,206			1,117			1,032
Total paid losses and loss expenses	3,213			3,283			3,392
Losses and loss expense reserves, end of year, – Net	3,591			3,444			3,348
Add: reinsurance recoverable, end of year	156			154			151
Losses and loss expense reserves, end of year, – Gross	$	3,747		$	3,598		$	3,499