Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
|
| In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| P&C Group | 13,696.0 | 13,502.0 | 13,356.0 | 13,242.0 | 12,805.0 | | | |
| Property and casualty insurance | 13,696.0 | 13,502.0 | 13,356.0 | 13,242.0 | 12,805.0 | 12,918.0 | | |
| Other | | | | | | 98.0 | | |
| Total revenues | 14,098.0 | 13,947.0 | 13,595.0 | 13,585.0 | 13,319.0 | 13,016.0 | 13,221.0 | 14,107.0 |
| Revenue growth | 1.1% | 2.6% | 0.1% | 2.0% | 2.3% | -1.6% | -6.3% | 0.7% |
| Loss and loss adjustment expenses | 6,985.0 | 6,520.0 | 7,507.0 | 7,407.0 | 6,499.0 | 6,268.0 | 6,898.0 | 6,299.0 |
| Policy acquisition costs | 2,548.0 | 2,454.0 | 2,411.0 | 2,330.0 | 2,183.0 | 3,021.0 | 3,123.0 | 3,092.0 |
| Other underwriting costs | 1,397.0 | 1,411.0 | 1,362.0 | 1,312.0 | 1,309.0 | 416.0 | 441.0 | 444.0 |
| Investment expenses | 42.0 | 49.0 | 38.0 | 39.0 | 35.0 | 39.0 | 32.0 | 35.0 |
| Other operating expenses | 265.0 | 276.0 | 281.0 | 298.0 | 305.0 | 310.0 | 320.0 | 300.0 |
| General and administrative | 249.0 | 254.0 | 270.0 | 287.0 | 290.0 | 294.0 | 284.0 | 252.0 |
| EBITDA | 2,523.0 | 2,857.0 | 1,801.0 | 1,935.0 | 2,599.0 | 2,880.0 | 2,435.0 | 3,958.0 |
| EBITDA margin | 17.9% | 20.5% | 13.2% | 14.2% | 19.5% | 22.1% | 18.4% | 28.1% |
| Depreciation | 54.0 | 55.0 | 54.0 | 58.0 | 63.0 | 69.0 | 64.0 | 69.0 |
| EBIT | 2,469.0 | 2,802.0 | 1,747.0 | 1,877.0 | 2,536.0 | 2,811.0 | 2,371.0 | 3,889.0 |
| EBIT margin | 17.5% | 20.1% | 12.9% | 13.8% | 19.0% | 21.6% | 17.9% | 27.6% |
| Interest and other income (expense), net | 408.0 | 457.0 | 260.0 | 333.0 | 467.0 | 167.0 | | |
| Other income (expense), net | 392.0 | 435.0 | 249.0 | 322.0 | 452.0 | 151.0 | 36.0 | 48.0 |
| Pre-tax income | 2,861.0 | 3,237.0 | 1,996.0 | 2,199.0 | 2,988.0 | 2,962.0 | 2,407.0 | 3,937.0 |
| Income taxes | 761.0 | 892.0 | 451.0 | 521.0 | 814.0 | 779.0 | 603.0 | 1,130.0 |
| Tax rate | 26.6% | 27.6% | 22.6% | 23.7% | 27.2% | 26.3% | 25.1% | 28.7% |
| Net income | 2,100.0 | 2,345.0 | 1,545.0 | 1,678.0 | 2,174.0 | 2,183.0 | 1,804.0 | 2,807.0 |
| Net margin | 14.9% | 16.8% | 11.4% | 12.4% | 16.3% | 16.8% | 13.6% | 19.9% |
| |
| Basic EPS | $8.65 | $9.08 | $5.73 | $5.80 | $6.81 | $6.24 | $5.00 | $7.13 |
| Diluted EPS | $8.62 | $9.04 | $5.69 | $5.76 | $6.76 | $6.18 | $4.92 | $7.01 |
| |
| Shares outstanding (basic) | 242.9 | 258.2 | 269.5 | 289.3 | 319.2 | 350.1 | 361.1 | 393.7 |
| Shares outstanding (diluted) | 243.5 | 259.4 | 271.4 | 291.4 | 321.6 | 353.0 | 366.8 | 400.4 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|