v3.25.2
Segment Information ( Segment Income (Loss) Before Income Taxes) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information        
Earned premiums $ 2,480 $ 2,156 $ 4,824 $ 4,227
Fee revenues 5 5 10 9
Investment income, net of expenses 285 242 565 487
Investment gains and losses, net 473 137 406 749
Total revenues 3,248 2,544 5,814 5,479
Insurance losses and contract holders' benefits 1,660 1,480 3,628 2,829
Investment Interest Credited to Contract Holders 214 173 424 342
Underwriting, acquisition and insurance expenses 709 655 1,411 1,271
Life Insurance Segment        
Segment Reporting Information        
Earned premiums 83 81 163 160
Insurance losses and contract holders' benefits 73 68 154 147
Operating Segments        
Segment Reporting Information        
Total revenues 3,036 2,354 5,373 5,103
Operating Segments | Commercial Insurance        
Segment Reporting Information        
Earned premiums 1,212 1,107 2,391 2,189
Fee revenues 0 1 2 2
Total revenues 1,212 1,108 2,393 2,191
Insurance losses and contract holders' benefits 767 746 1,502 1,465
Underwriting, acquisition and insurance expenses 358 352 707 677
Income ( Loss) Before Income Taxes 87 10 184 49
Operating Segments | Personal Insurance        
Segment Reporting Information        
Earned premiums 804 631 1,502 1,219
Fee revenues 2 1 3 2
Total revenues 806 632 1,505 1,221
Insurance losses and contract holders' benefits 598 489 1,444 868
Underwriting, acquisition and insurance expenses 222 185 432 358
Income ( Loss) Before Income Taxes (14) (42) (371) (5)
Operating Segments | Excess and Surplus Lines Insurance        
Segment Reporting Information        
Earned premiums 174 151 336 290
Fee revenues 1 1 2 2
Total revenues 175 152 338 292
Insurance losses and contract holders' benefits 110 102 209 192
Underwriting, acquisition and insurance expenses 49 42 93 80
Income ( Loss) Before Income Taxes 16 8 36 20
Operating Segments | Life Insurance Segment        
Segment Reporting Information        
Earned premiums 83 81 163 160
Fee revenues 2 2 3 3
Total revenues 85 83 166 163
Insurance losses and contract holders' benefits 73 68 154 147
Investment Interest Credited to Contract Holders (31) (31) (63) (62)
Underwriting, acquisition and insurance expenses 24 24 47 46
Income ( Loss) Before Income Taxes 19 22 28 32
Operating Segments | Investment Segment        
Segment Reporting Information        
Investment income, net of expenses 285 242 565 487
Investment gains and losses, net 473 137 406 749
Total revenues 758 379 971 1,236
Investment Interest Credited to Contract Holders 31 31 63 62
Income ( Loss) Before Income Taxes $ 727 $ 348 $ 908 $ 1,174