Property and Casualty Unpaid Losses and Loss Expenses (Tables)

12 Months Ended

Dec. 31, 2014

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
	2014			2013			2012
Losses and loss expense reserves, beginning of year – Gross	$	3,747		$	3,598		$	3,499
Less: reinsurance recoverable, beginning of year	156			154			151
Losses and loss expense reserves, beginning of year – Net	3,591			3,444			3,348
Incurred losses and loss expenses related to:
Current accident year	3,969			3,379			3,494
Prior accident years	(116		)	(19		)	(115		)
Total incurred losses and loss expenses	3,853			3,360			3,379
Paid losses and loss expenses related to:
Current accident year	2,513			2,007			2,166
Prior accident years	1,220			1,206			1,117
Total paid losses and loss expenses	3,733			3,213			3,283
Losses and loss expense reserves, end of year – Net	3,711			3,591			3,444
Add: reinsurance recoverable, end of year	142			156			154
Losses and loss expense reserves, end of year – Gross	$	3,853		$	3,747		$	3,598