Travelers 2014 Annual Report Download - page 188

Table of Contents
THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
2. SEGMENT INFORMATION (Continued)
Business Segment Reconciliations
187
(for the year ended December 31, in millions)
2014
2013
2012
Revenue reconciliation
Earned premiums
Business and International Insurance:
Domestic:
Workers' compensation
$
3,713
$
3,560
$
3,222
Commercial automobile
1,901
1,904
1,943
Commercial property
1,756
1,698
1,621
General liability
1,852
1,790
1,757
Commercial multi - peril
3,070
3,093
3,113
Other
42
39
35
Total Domestic
12,334
12,084
11,691
International
2,178
1,248
1,088
Total Business and International Insurance
14,512
13,332
12,779
Bond & Specialty Insurance:
Fidelity and surety
936
913
939
General liability
963
891
850
Other
177
177
168
Total Bond & Specialty Insurance
2,076
1,981
1,957
Personal Insurance:
Automobile
3,316
3,431
3,665
Homeowners and Other
3,809
3,893
3,956
Total Personal Insurance
7,125
7,324
7,621
Total earned premiums
23,713
22,637
22,357
Net investment income
2,787
2,716
2,889
Fee income
438
395
323
Other revenues
145
283
132
Total operating revenues for reportable segments
27,083
26,031
25,701
Other revenues
—
( 6
)
(12
)
Net realized investment gains
79
166
51
Total consolidated revenues
$
27,162
$
26,191
$
25,740
Income reconciliation, net of tax
Total operating income for reportable segments
$
3,898
$
3,815
$
2,702
Interest Expense and Other(1)
(257
)
(248
)
(261
)
Total operating income
3,641
3,567
2,441
Net realized investment gains
51
106
32
Total consolidated net income
$
3,692
$
3,673
$
2,473
(1) The primary component of Interest Expense and Other was after - tax interest expense of $240 million, $235 million and
$246 million in 2014, 2013 and 2012, respectively.