2021 Q1 Form 10-Q Financial Statement

#000089615921000006 Filed on April 30, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $9.971B $7.697B
YoY Change 29.54% -2.27%
Cost Of Revenue $5.053B $4.485B
YoY Change 12.66% 9.44%
Gross Profit $4.918B $3.212B
YoY Change 53.11% -14.98%
Gross Profit Margin 49.32% 41.73%
Selling, General & Admin $739.0M $747.0M
YoY Change -1.07% 4.33%
% of Gross Profit 15.03% 23.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.665B $1.615B
YoY Change 3.1% 10.31%
% of Gross Profit 33.86% 50.28%
Operating Expenses $6.716B $7.049B
YoY Change -4.72% 7.62%
Operating Profit -$1.798B -$3.837B
YoY Change -53.14% 38.42%
Interest Expense -$619.0M -$103.0M
YoY Change 500.97% -12.71%
% of Operating Profit
Other Income/Expense, Net $490.0M -$22.00M
YoY Change -2327.27% 214.29%
Pretax Income $2.638B $467.0M
YoY Change 464.88% -61.97%
Income Tax $338.0M $215.0M
% Of Pretax Income 12.81% 46.04%
Net Earnings $2.300B $252.0M
YoY Change 812.7% -75.77%
Net Earnings / Revenue 23.07% 3.27%
Basic Earnings Per Share $5.10 $0.56
Diluted Earnings Per Share $5.07 $0.55
COMMON SHARES
Basic Shares Outstanding 450.5M shares 451.9M shares
Diluted Shares Outstanding 453.3M shares 454.5M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.684B $1.512B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $448.0M $509.0M
YoY Change -11.98% -16.28%
Goodwill $15.41B $14.97B
YoY Change 2.95% -2.33%
Intangibles $5.749B $5.902B
YoY Change -2.59% -3.1%
Long-Term Investments $121.9B $106.6B
YoY Change 14.27% 2.56%
Other Assets $157.0M $146.0M
YoY Change 7.53% 19.67%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $192.0B $173.1B
YoY Change 10.89% 1.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.56B $11.35B
YoY Change 19.47% 10.23%
Accrued Expenses $490.0M $563.0M
YoY Change -12.97% -13.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.300B
YoY Change -100.0% 155.4%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.62B $19.30B
YoY Change 6.83% 7.64%
LONG-TERM LIABILITIES
Long-Term Debt $15.19B $13.82B
YoY Change 9.91% 11.62%
Other Long-Term Liabilities $1.732B
YoY Change 73.2%
Total Long-Term Liabilities $15.19B $15.55B
YoY Change -2.33% 16.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.62B $19.30B
Total Long-Term Liabilities $15.19B $15.55B
Total Liabilities $132.9B $120.9B
YoY Change 9.9% 1.63%
SHAREHOLDERS EQUITY
Retained Earnings $41.64B $36.33B
YoY Change 14.6% 11.01%
Common Stock $20.38B $21.83B
YoY Change -6.64% -5.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.901B $3.872B
YoY Change 0.75% 39.53%
Treasury Stock Shares 27.93M shares 28.42M shares
Shareholders Equity $59.08B $52.20B
YoY Change
Total Liabilities & Shareholders Equity $192.0B $173.1B
YoY Change 10.89% 1.04%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $2.300B $252.0M
YoY Change 812.7% -75.77%
Depreciation, Depletion And Amortization $1.665B $1.615B
YoY Change 3.1% 10.31%
Cash From Operating Activities $2.105B $1.712B
YoY Change 22.96% 29.5%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $44.00M $125.0M
YoY Change -64.8% 43.68%
Cash From Investing Activities -$1.252B -$1.010B
YoY Change 23.96% 50.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $519.0M $323.0M
YoY Change 60.68% -11.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$812.0M -$645.0M
YoY Change 25.89% 2.38%
NET CHANGE
Cash From Operating Activities $2.105B $1.712B
Cash From Investing Activities -$1.252B -$1.010B
Cash From Financing Activities -$812.0M -$645.0M
Net Change In Cash $5.000M $12.00M
YoY Change -58.33% -77.36%
FREE CASH FLOW
Cash From Operating Activities $2.105B $1.712B
Capital Expenditures
Free Cash Flow
YoY Change

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CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
59076000000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
52197000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
2300000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
252000000 USD
CY2021Q1 cb Net Realized Gains Losses
NetRealizedGainsLosses
887000000 USD
CY2020Q1 cb Net Realized Gains Losses
NetRealizedGainsLosses
-958000000 USD
CY2021Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-76000000 USD
CY2020Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense1
PresentValueOfFutureInsuranceProfitsAmortizationExpense1
72000000 USD
CY2020Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense1
PresentValueOfFutureInsuranceProfitsAmortizationExpense1
73000000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
CY2020Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
13000000 USD
CY2021Q1 us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
1368000000 USD
CY2020Q1 us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
228000000 USD
CY2021Q1 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
503000000 USD
CY2020Q1 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
192000000 USD
CY2021Q1 us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
47000000 USD
CY2020Q1 us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
31000000 USD
CY2021Q1 us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-36000000 USD
CY2020Q1 us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
2000000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2021Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
101000000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
109000000 USD
CY2021Q1 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
209000000 USD
CY2020Q1 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
6000000 USD
CY2021Q1 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
290000000 USD
CY2020Q1 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
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CY2021Q1 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
81000000 USD
CY2020Q1 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
65000000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
196000000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-140000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2105000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1712000000 USD
CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
7738000000 USD
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2021Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
102000000 USD
CY2020Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
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CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
351000000 USD
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
1380000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1343000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
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CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
351000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
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CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4289000000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2756000000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
604000000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
440000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
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CY2020Q1 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
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CY2021Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
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CY2020Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
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CY2021Q1 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
427000000 USD
CY2020Q1 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
361000000 USD
CY2021Q1 us-gaap Proceeds From Limited Partnership Investments
ProceedsFromLimitedPartnershipInvestments
206000000 USD
CY2020Q1 us-gaap Proceeds From Limited Partnership Investments
ProceedsFromLimitedPartnershipInvestments
211000000 USD
CY2021Q1 cb Payment Including Deposit For Huatai Group Interest
PaymentIncludingDepositForHuataiGroupInterest
65000000 USD
CY2020Q1 cb Payment Including Deposit For Huatai Group Interest
PaymentIncludingDepositForHuataiGroupInterest
1550000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
44000000 USD
CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
125000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
352000000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
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339000000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
519000000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
323000000 USD
CY2021Q1 us-gaap Proceeds From Short Term Debt
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450000000 USD
CY2020Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
952000000 USD
CY2021Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
450000000 USD
CY2020Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
952000000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
115000000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
47000000 USD
CY2021Q1 us-gaap Additions To Contract Holders Funds
AdditionsToContractHoldersFunds
133000000 USD
CY2020Q1 us-gaap Additions To Contract Holders Funds
AdditionsToContractHoldersFunds
135000000 USD
CY2021Q1 us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
124000000 USD
CY2020Q1 us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
162000000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
12000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1646000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1841000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1658000000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
236000000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
107000000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
90000000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
91000000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1747000000 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
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CY2020Q4 us-gaap Restricted Cash
RestrictedCash
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1841000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1836000000 USD
CY2021Q1 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
12000000 USD
CY2021Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
Accounting guidance not yet adopted<div><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-style:italic;font-weight:700;line-height:120%">Targeted Improvements to the Accounting for Long-Duration Contracts</span></div><div><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:115%">In August 2018, the FASB issued guidance to improve the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts issued by an insurance entity. The amendments in this update require more frequent updating of assumptions and a standardized discount rate for the future policy benefit liability, a requirement to use the fair value measurement model for policies with market risk benefits, simplified amortization of deferred acquisition costs, and enhanced disclosures. This standard will be effective in the first quarter of 2023 with early adoption permitted. We are currently assessing the effect of adopting this guidance on our financial condition and results of operations. We will be better able to quantify the effect of adopting this standard as we progress in our implementation process and draw nearer to the date of adoption.</span></div>
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
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CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3801000000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
588000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2021Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
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CY2021Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
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CY2021Q1 cb Debtsecuritiesheldtomaturitynetcarryingvalue
Debtsecuritiesheldtomaturitynetcarryingvalue
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CY2021Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
621000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
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CY2021Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
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CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
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CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
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CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2020Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
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CY2020Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
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CY2020Q4 cb Debtsecuritiesheldtomaturitynetcarryingvalue
Debtsecuritiesheldtomaturitynetcarryingvalue
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CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
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CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
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CY2020Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
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CY2020Q4 cb Fixed Maturities Percentof Total Amortizedcost
FixedMaturitiesPercentofTotalAmortizedcost
1
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
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CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
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CY2021Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
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CY2021Q1 cb Fixed Maturities Percentof Total Amortizedcost
FixedMaturitiesPercentofTotalAmortizedcost
1
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
4760000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
4760000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
26100000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
26100000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
26227000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
27394000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
27394000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
27232000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
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CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
13373000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
14010000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
14010000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
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CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
71634000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
72229000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
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CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
19437000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
18470000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
18470000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2021Q1 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydatewithinoneyearnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydatewithinoneyearnetcarryingvalue
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CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
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CY2020Q4 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydatewithinoneyearnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydatewithinoneyearnetcarryingvalue
1231000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
1240000000 USD
CY2021Q1 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydateafteronethroughfiveyearsnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydateafteronethroughfiveyearsnetcarryingvalue
3471000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
3613000000 USD
CY2020Q4 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydateafteronethroughfiveyearsnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydateafteronethroughfiveyearsnetcarryingvalue
3592000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
3760000000 USD
CY2021Q1 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydateafterfivethroughtenyearsnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydateafterfivethroughtenyearsnetcarryingvalue
2918000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
3072000000 USD
CY2020Q4 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydateafterfivethroughtenyearsnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydateafterfivethroughtenyearsnetcarryingvalue
3029000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
3228000000 USD
CY2021Q1 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydateafter10yearsnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydateafter10yearsnetcarryingvalue
1757000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
1961000000 USD
CY2020Q4 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydateafter10yearsnetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydateafter10yearsnetcarryingvalue
1802000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
2136000000 USD
CY2021Q1 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydatenetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydatenetcarryingvalue
9245000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
9755000000 USD
CY2020Q4 cb Debtsecurities Heldtomaturitymaturityallocatedandsinglematuritydatenetcarryingvalue
DebtsecuritiesHeldtomaturitymaturityallocatedandsinglematuritydatenetcarryingvalue
9654000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
10364000000 USD
CY2021Q1 cb Debtsecurities Heldtomaturitymaturitywithoutsinglematuritydatenetcarryingvalue
DebtsecuritiesHeldtomaturitymaturitywithoutsinglematuritydatenetcarryingvalue
1887000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
1997000000 USD
CY2020Q4 cb Debtsecurities Heldtomaturitymaturitywithoutsinglematuritydatenetcarryingvalue
DebtsecuritiesHeldtomaturitymaturitywithoutsinglematuritydatenetcarryingvalue
1999000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
2146000000 USD
CY2021Q1 cb Debtsecuritiesheldtomaturitynetcarryingvalue
Debtsecuritiesheldtomaturitynetcarryingvalue
11132000000 USD
CY2021Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
11752000000 USD
CY2020Q4 cb Debtsecuritiesheldtomaturitynetcarryingvalue
Debtsecuritiesheldtomaturitynetcarryingvalue
11653000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Fair Value
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12510000000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
76000000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-68000000 USD
CY2021Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
319000000 USD
CY2020Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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-685000000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-1000000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Other Investments
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0 USD
CY2021Q1 us-gaap Realized Investment Gains Losses
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887000000 USD
CY2020Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-958000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
20000000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
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0 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
2000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
-9000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
15000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
176000000 USD
CY2020Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
44000000 USD
CY2019Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
-1000000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
43000000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
45000000 USD
CY2021Q1 us-gaap Alternative Investment
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7457000000 USD
CY2021Q1 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
3070000000 USD
CY2020Q4 us-gaap Alternative Investment
AlternativeInvestment
6770000000 USD
CY2020Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
3200000000 USD
CY2021Q1 us-gaap Restricted Investments
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20800000000 USD
CY2020Q4 us-gaap Restricted Investments
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19600000000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
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157000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
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89000000 USD
CY2021Q1 us-gaap Assets Held In Trust
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13553000000 USD
CY2020Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
12305000000 USD
CY2021Q1 cb Restricted Assets Deposits With Non United States Regulatory Authorities
RestrictedAssetsDepositsWithNonUnitedStatesRegulatoryAuthorities
2424000000 USD
CY2020Q4 cb Restricted Assets Deposits With Non United States Regulatory Authorities
RestrictedAssetsDepositsWithNonUnitedStatesRegulatoryAuthorities
2438000000 USD
CY2021Q1 cb Restricted Assets Deposits With United States Regulatory Authorities
RestrictedAssetsDepositsWithUnitedStatesRegulatoryAuthorities
2917000000 USD
CY2020Q4 cb Restricted Assets Deposits With United States Regulatory Authorities
RestrictedAssetsDepositsWithUnitedStatesRegulatoryAuthorities
2905000000 USD
CY2021Q1 us-gaap Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
1458000000 USD
CY2020Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
1462000000 USD
CY2021Q1 us-gaap Other Restricted Assets Current
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638000000 USD
CY2020Q4 us-gaap Other Restricted Assets Current
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584000000 USD
CY2021Q1 us-gaap Restricted Cash And Investments
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20990000000 USD
CY2020Q4 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
19694000000 USD
CY2021Q1 us-gaap Fair Value Measurements Valuation Processes Description
FairValueMeasurementsValuationProcessesDescription
Actuarial model
CY2021Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
11752000000 USD
CY2020Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
12510000000 USD
CY2021Q1 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
14860000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables On Unpaid Losses Allowance
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258000000 USD
CY2020Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
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14647000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables On Unpaid Losses Allowance
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257000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables On Paid Losses
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1054000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables On Paid Losses Allowance
ReinsuranceRecoverablesOnPaidLossesAllowance
59000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables On Paid Losses
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945000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables On Paid Losses Allowance
ReinsuranceRecoverablesOnPaidLossesAllowance
57000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
317000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables On Paid And Unpaid Losses
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15592000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables Allowance
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314000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
15914000000 USD
CY2021Q1 cb Reinsurance Recoverable Future Policy Benefits
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202000000 USD
CY2021Q1 cb Reinsurance Recoverables On Future Policy Benefits Allowance
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4000000 USD
CY2020Q4 cb Reinsurance Recoverable Future Policy Benefits
ReinsuranceRecoverableFuturePolicyBenefits
206000000 USD
CY2020Q4 cb Reinsurance Recoverables On Future Policy Benefits Allowance
ReinsuranceRecoverablesOnFuturePolicyBenefitsAllowance
5000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
314000000 USD
CY2019Q4 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
316000000 USD
CY2021Q1 us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
ReinsuranceRecoverableCreditLossExpenseReversal
3000000 USD
CY2020Q1 us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
ReinsuranceRecoverableCreditLossExpenseReversal
2000000 USD
CY2021Q1 us-gaap Reinsurance Loss On Uncollectible Accounts In Period Amount
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0 USD
CY2020Q1 us-gaap Reinsurance Loss On Uncollectible Accounts In Period Amount
ReinsuranceLossOnUncollectibleAccountsInPeriodAmount
13000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
317000000 USD
CY2020Q1 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
305000000 USD
CY2021Q1 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="text-align:justify"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:120%">The following table presents a reconciliation of beginning and ending Unpaid losses and loss expenses:</span></div><div style="margin-bottom:5pt;margin-top:8pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:73.617%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.188%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.506%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.189%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">Three Months Ended</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">March 31</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">(in millions of U.S. dollars)</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Gross unpaid losses and loss expenses – beginning of period</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">67,811</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">62,690 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Reinsurance recoverable on unpaid losses </span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:10pt;font-weight:400;line-height:100%">–</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%"> beginning of period </span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">(14,647)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">(14,181)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Net unpaid losses and loss expenses – beginning of period</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">53,164</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">48,509 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Net losses and loss expenses incurred in respect of losses occurring in:</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">5,249</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">4,605 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Prior years </span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">(2)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">(196)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">(120)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Total</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">5,053</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">4,485 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Net losses and loss expenses paid in respect of losses occurring in:</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">732</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">920 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Prior years</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">3,161</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">3,335 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Total</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">3,893</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">4,255 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Foreign currency revaluation and other</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">71</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">(565)</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Net unpaid losses and loss expenses – end of period</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">54,395</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">48,174 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Reinsurance recoverable on unpaid losses </span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:4.55pt;font-weight:400;line-height:100%;position:relative;top:-2.44pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">14,860</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">14,040 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:9.75pt;font-weight:400;line-height:100%">Gross unpaid losses and loss expenses – end of period</span></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:700;line-height:100%">69,255</span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:8.5pt;font-weight:400;line-height:100%">62,214 </span></td><td style="background-color:#cceeff;border-bottom:2pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)    </span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Net of valuation allowance for uncollectible reinsurance. </span></div><div style="margin-top:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:4.55pt;font-weight:400;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(2)    </span><span style="color:#000000;font-family:'News Gothic',sans-serif;font-size:7pt;font-weight:400;line-height:120%">Relates to prior period loss reserve development only and excludes prior period development related to reinstatement premiums, expense adjustments and earned premiums totaling $4 million and $2 million for the three months ended March 31, 2021 and 2020, respectively.</span></div>
CY2020Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
67811000000 USD
CY2019Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
62690000000 USD
CY2020Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
14647000000 USD
CY2019Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
14181000000 USD
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
53164000000 USD
CY2019Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
48509000000 USD
CY2021Q1 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
5249000000 USD
CY2020Q1 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
4605000000 USD
CY2021Q1 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-196000000 USD
CY2020Q1 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-120000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
5053000000 USD
CY2020Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
4485000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
732000000 USD
CY2020Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
920000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
3161000000 USD
CY2020Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
3335000000 USD
CY2021Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
3893000000 USD
CY2020Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
4255000000 USD
CY2021Q1 cb Liability For Unpaid Claims And Claims Adjustment Expense Foreign Currency Revaluation And Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyRevaluationAndOther
71000000 USD
CY2020Q1 cb Liability For Unpaid Claims And Claims Adjustment Expense Foreign Currency Revaluation And Other
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseForeignCurrencyRevaluationAndOther
-565000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
54395000000 USD
CY2020Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
48174000000 USD
CY2021Q1 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
14860000000 USD
CY2020Q1 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
14040000000 USD
CY2021Q1 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
69255000000 USD
CY2020Q1 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
62214000000 USD
CY2021Q1 cb Prior Period Developmentnetadjustments
PriorPeriodDevelopmentnetadjustments
4000000 USD
CY2020Q1 cb Prior Period Developmentnetadjustments
PriorPeriodDevelopmentnetadjustments
2000000 USD
CY2021Q1 cb Liabilityfor Unpaid Claimsand Claims Adjustment Expense Period Increase Decrease Gross
LiabilityforUnpaidClaimsandClaimsAdjustmentExpensePeriodIncreaseDecreaseGross
1444000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Period Increase Decrease
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpensePeriodIncreaseDecrease
1231000000 USD
CY2021Q1 cb Net Prior Period Development
NetPriorPeriodDevelopment
-192000000 USD
CY2020Q1 cb Net Prior Period Development
NetPriorPeriodDevelopment
-118000000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
12000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
30000000 USD
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
383000000 USD
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-547000000 USD
CY2021Q1 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
2076000000 USD
CY2020Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
1844000000 USD
CY2021Q1 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
2076000000 USD
CY2020Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
1844000000 USD
CY2021Q1 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
1405000000 USD
CY2020Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
1462000000 USD
CY2021Q1 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
1405000000 USD
CY2021Q1 us-gaap Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
1458000000 USD
CY2020Q4 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
1405000000 USD
CY2021Q1 us-gaap Purchase Commitment Remaining Minimum Amount Committed
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591000000 USD
CY2021Q1 cb Other Investments Limited Partnerships And Partially Owned Investment Companies Carrying Value
OtherInvestmentsLimitedPartnershipsAndPartiallyOwnedInvestmentCompaniesCarryingValue
7200000000 USD
CY2021Q1 us-gaap Other Commitment
OtherCommitment
3100000000 USD
CY2020Q4 cb Other Investments Limited Partnerships And Partially Owned Investment Companies Carrying Value
OtherInvestmentsLimitedPartnershipsAndPartiallyOwnedInvestmentCompaniesCarryingValue
6500000000 USD
CY2020Q4 us-gaap Other Commitment
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3200000000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
62000000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
448000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
473000000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
490000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
517000000 USD
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
24.15
CY2020Q2 cb Annualdividendpershareapprovedbyshareholders
Annualdividendpershareapprovedbyshareholders
3.12
CY2019Q2 cb Annualdividendpershareapprovedbyshareholders
Annualdividendpershareapprovedbyshareholders
3.00
CY2020Q2 cb Common Stock Dividend Rate Approved
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0.78
CY2021Q1 us-gaap Deferred Policy Acquisition Cost Amortization Expense
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1665000000 USD
CY2019Q2 cb Common Stock Dividend Rate Approved
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0.75
CY2021Q1 us-gaap Treasury Stock Shares
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27928305 shares
CY2021Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
2054334 shares
CY2021Q1 us-gaap Premiums Written Net
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8662000000 USD
CY2021Q1 us-gaap Premiums Earned Net
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8221000000 USD
CY2021Q1 us-gaap Policyholder Benefits And Claims Incurred Net
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5053000000 USD
CY2021Q1 us-gaap Liability For Future Policy Benefits Period Expense
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167000000 USD
CY2021Q1 us-gaap General And Administrative Expense
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744000000 USD
CY2021Q1 us-gaap Underwriting Income Loss
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592000000 USD
CY2021Q1 us-gaap Net Investment Income
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863000000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
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490000000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
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72000000 USD
CY2021Q1 cb Segment Underwriting Income Lossand Net Investment Income Loss
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1873000000 USD
CY2021Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
887000000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-122000000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
338000000 USD
CY2021Q1 us-gaap Net Income Loss
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2300000000 USD
CY2020Q1 us-gaap Premiums Written Net
PremiumsWrittenNet
7977000000 USD
CY2020Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
7794000000 USD
CY2020Q1 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
4485000000 USD
CY2020Q1 us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
129000000 USD
CY2020Q1 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
1615000000 USD
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
741000000 USD
CY2020Q1 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
824000000 USD
CY2020Q1 us-gaap Net Investment Income
NetInvestmentIncome
861000000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-55000000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
73000000 USD
CY2020Q1 cb Segment Underwriting Income Lossand Net Investment Income Loss
SegmentUnderwritingIncomeLossandNetInvestmentIncomeLoss
1557000000 USD
CY2020Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-958000000 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-132000000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
215000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
252000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
2300000000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
252000000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
450539568 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
451868658 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2795971 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2651610 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
453335539 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
454520268 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.10
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.07
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1952612 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3154406 shares

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