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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Revenues      
Premiums earned $ 1,087 $ 1,030  
Net investment income 108 105  
Net realized investment gains 296 149  
Net impairment losses recognized in earnings 0 0  
Equity in earnings of limited partnerships 21 72  
Other income 8 9  
Total revenues 1,520 1,365  
Benefits and expenses      
Insurance losses and loss expenses 716 706  
Policy acquisition and underwriting expenses 270 247  
Total benefits and expenses 986 953  
Income from operations before income taxes and noncontrolling interest 534 412  
Provision for income taxes 180 138  
Net income 354 274 268
Less: Net income attributable to noncontrolling interest in consolidated entity - Exchange 318 230  
Net income attributable to Indemnity 36 44  
Indemnity
     
Revenues      
Net investment income 4 4  
Net realized investment gains 3 1  
Benefits and expenses      
Income from operations before income taxes and noncontrolling interest 54 67  
Provision for income taxes 18 23  
Net income     169
Net income attributable to Indemnity $ 36 $ 44  
Class A | Indemnity
     
Net income attributable to Indemnity per share      
Common stock - basic (in dollars per share) $ 0.76 $ 0.88  
Common stock - diluted (in dollars per share) $ 0.67 $ 0.78  
Weighted average shares outstanding attributable to Indemnity - Basic      
Common stock - basic (in shares) 47,749,799 49,789,056  
Weighted average shares outstanding attributable to Indemnity - Diluted      
Common stock - diluted (in shares) 53,930,044 55,968,838  
Dividends declared per share      
Common stock (in dollars per share) $ 0.5525 $ 0.515 $ 2.0975
Class B | Indemnity
     
Net income attributable to Indemnity per share      
Common stock - basic (in dollars per share) $ 113.56 $ 126.48  
Common stock - diluted (in dollars per share) $ 113.56 $ 126.48  
Weighted average shares outstanding attributable to Indemnity - Basic      
Common stock - basic (in shares) 2,545 2,546  
Weighted average shares outstanding attributable to Indemnity - Diluted      
Common stock - diluted (in shares) 2,545 2,546  
Dividends declared per share      
Common stock (in dollars per share) $ 82.875 $ 77.25 $ 314.6250