v3.25.1
Business Segments (Income Statement Information) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating revenues    
Net earned premiums $ 2,626 $ 2,441
Net investment income 604 609
Non-insurance warranty revenue 397 407
Other revenues 9 9
Total operating revenues 3,636 3,466
Claims, Benefits and Expenses    
Net incurred claims and benefits 2,017 1,798
Policyholders’ dividends 10 9
Amortization of deferred acquisition costs 471 444
Non-insurance warranty expense 385 394
Insurance related administrative expenses 321 287
Interest expense 32 35
Other expenses 42 50
Total claims, benefits and expenses 3,278 3,017
Income tax (expense) benefit on core income (loss) (77) (94)
Core income (loss)  281 355
Net investment gains (losses) (9) (22)
Income tax (expense) benefit on net investment gains (losses) 2 5
Net investment gains (losses), after tax (7) (17)
Net income (loss) 274 338
Operating Segments | Specialty    
Operating revenues    
Net earned premiums 830 814
Net investment income 151 150
Non-insurance warranty revenue 397 407
Other revenues 1 1
Total operating revenues 1,379 1,372
Claims, Benefits and Expenses    
Net incurred claims and benefits 509 477
Policyholders’ dividends 2 2
Amortization of deferred acquisition costs 189 178
Non-insurance warranty expense 385 394
Insurance related administrative expenses 88 81
Interest expense 0 1
Other expenses 15 14
Total claims, benefits and expenses 1,188 1,147
Income tax (expense) benefit on core income (loss) (41) (48)
Core income (loss)  150 177
Operating Segments | Commercial    
Operating revenues    
Net earned premiums 1,380 1,202
Net investment income 177 176
Non-insurance warranty revenue 0 0
Other revenues 8 8
Total operating revenues 1,565 1,386
Claims, Benefits and Expenses    
Net incurred claims and benefits 1,007 828
Policyholders’ dividends 8 7
Amortization of deferred acquisition costs 219 200
Non-insurance warranty expense 0 0
Insurance related administrative expenses 163 138
Interest expense 0 0
Other expenses 10 12
Total claims, benefits and expenses 1,407 1,185
Income tax (expense) benefit on core income (loss) (34) (43)
Core income (loss)  124 158
Operating Segments | International    
Operating revenues    
Net earned premiums 310 315
Net investment income 34 31
Non-insurance warranty revenue 0 0
Other revenues 0 0
Total operating revenues 344 346
Claims, Benefits and Expenses    
Net incurred claims and benefits 192 189
Policyholders’ dividends 0 0
Amortization of deferred acquisition costs 63 66
Non-insurance warranty expense 0 0
Insurance related administrative expenses 40 39
Interest expense 0 0
Other expenses (1) 2
Total claims, benefits and expenses 294 296
Income tax (expense) benefit on core income (loss) (13) (13)
Core income (loss)  37 37
Operating Segments | Life & Group    
Operating revenues    
Net earned premiums 106 110
Net investment income 226 231
Non-insurance warranty revenue 0 0
Other revenues 0 0
Total operating revenues 332 341
Claims, Benefits and Expenses    
Net incurred claims and benefits 300 312
Policyholders’ dividends 0 0
Amortization of deferred acquisition costs 0 0
Non-insurance warranty expense 0 0
Insurance related administrative expenses 30 29
Interest expense 0 0
Other expenses 0 0
Total claims, benefits and expenses 330 341
Income tax (expense) benefit on core income (loss) 4 5
Core income (loss)  6 5
Operating Segments | Corporate & Other    
Operating revenues    
Net earned premiums 0 0
Net investment income 16 21
Non-insurance warranty revenue 0 0
Other revenues 3 3
Total operating revenues 19 24
Claims, Benefits and Expenses    
Net incurred claims and benefits 9 (8)
Policyholders’ dividends 0 0
Amortization of deferred acquisition costs 0 0
Non-insurance warranty expense 0 0
Insurance related administrative expenses 0 0
Interest expense 32 34
Other expenses 21 25
Total claims, benefits and expenses 62 51
Income tax (expense) benefit on core income (loss) 7 5
Core income (loss)  (36) (22)
Eliminations    
Operating revenues    
Net earned premiums 0 0
Net investment income 0 0
Non-insurance warranty revenue 0 0
Other revenues (3) (3)
Total operating revenues (3) (3)
Claims, Benefits and Expenses    
Net incurred claims and benefits 0 0
Policyholders’ dividends 0 0
Amortization of deferred acquisition costs 0 0
Non-insurance warranty expense 0 0
Insurance related administrative expenses 0 0
Interest expense 0 0
Other expenses (3) (3)
Total claims, benefits and expenses (3) (3)
Income tax (expense) benefit on core income (loss) 0 0
Core income (loss)  $ 0 $ 0