Travelers 2006 Annual Report Download - page 185

THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
173
2. SEGMENT INFORMATION (Continued)
(at December 31, in millions) 2006 2005
Asset reconciliation:
Business Insurance ..................................... $ 86,640 $ 87,188
Financial, Professional & International Insurance .......... 13,265
11,908
Personal Insurance..................................... 13,294 12,710
Total assets for reportable segments .................... 113,199
111,806
Other assets(1)........................................... 562 1,381
Total consolidated assets.............................. $ 1 13,761 $113,187
(1) Theprimary components of other assets in 2006 were accrued over-funded benefit plan assets and
deferred taxes, and in 2005 were investedassets, prepaidpension costs and deferredtaxes. Beginning
in 2006, the Company allocated a higher percentage of invested assets held at the parent company to
its reportable business segments to be consistent with the manner in which management reviews
segment results.
Enterprise-Wide Disclosures
Revenues from internal customers for the years ended December 31, 2006, 2005 and2004 werenot
material. Foreign assets at December 31, 2006 and 2005 also were not significant. The Company does not
have revenuefrom transactions with a single customer amounting to 10 percent or more of its revenues.
The following table presents revenues of the Company’s operations based on location:
(for the year ended December 31, in millions) 2006 2005 2004
U.S....................................................... $23,588 $ 2 2,908 $21,640
Non-U.S. ................................................. 1,502 1,457 904
Total revenues.......................................... $25,090 $ 2 4,365 $22,544