v3.25.2
Business Segments (Income Statement Information) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating revenues        
Net earned premiums $ 2,694 $ 2,498 $ 5,320 $ 4,939
Net investment income 662 618 1,266 1,227
Non-insurance warranty revenue 398 404 795 811
Other revenues 9 9 18 18
Total operating revenues 3,763 3,529 7,399 6,995
Claims, Benefits and Expenses        
Net incurred claims and benefits 2,075 1,874 4,092 3,672
Policyholders’ dividends 10 8 20 17
Amortization of deferred acquisition costs 469 435 940 879
Non-insurance warranty expense 384 388 769 782
Insurance related administrative expenses 337 329 658 616
Interest expense 31 34 63 69
Other expenses 31 49 73 99
Total claims, benefits and expenses 3,337 3,117 6,615 6,134
Income tax (expense) benefit on core income (loss) (91) (86) (168) (180)
Core income (loss)  335 326 616 681
Net investment gains (losses) (46) (10) (55) (32)
Income tax (expense) benefit on net investment gains (losses) 10 1 12 6
Net investment gains (losses), after tax (36) (9) (43) (26)
Net income (loss) 299 317 573 655
Operating Segments | Specialty        
Operating revenues        
Net earned premiums 862 831 1,692 1,645
Net investment income 170 154 321 304
Non-insurance warranty revenue 398 404 795 811
Other revenues (1) (1) 0 0
Total operating revenues 1,429 1,388 2,808 2,760
Claims, Benefits and Expenses        
Net incurred claims and benefits 519 492 1,028 969
Policyholders’ dividends 3 3 5 5
Amortization of deferred acquisition costs 195 180 384 358
Non-insurance warranty expense 384 388 769 782
Insurance related administrative expenses 92 96 180 177
Interest expense 0 (1) 0 0
Other expenses 10 14 25 28
Total claims, benefits and expenses 1,203 1,172 2,391 2,319
Income tax (expense) benefit on core income (loss) (49) (47) (90) (95)
Core income (loss)  177 169 327 346
Operating Segments | Commercial        
Operating revenues        
Net earned premiums 1,402 1,247 2,782 2,449
Net investment income 206 175 383 351
Non-insurance warranty revenue 0 0 0 0
Other revenues 10 10 18 18
Total operating revenues 1,618 1,432 3,183 2,818
Claims, Benefits and Expenses        
Net incurred claims and benefits 940 846 1,947 1,674
Policyholders’ dividends 7 5 15 12
Amortization of deferred acquisition costs 211 199 430 399
Non-insurance warranty expense 0 0 0 0
Insurance related administrative expenses 170 158 333 296
Interest expense 0 0 0 0
Other expenses 15 13 25 25
Total claims, benefits and expenses 1,343 1,221 2,750 2,406
Income tax (expense) benefit on core income (loss) (57) (44) (91) (87)
Core income (loss)  218 167 342 325
Operating Segments | International        
Operating revenues        
Net earned premiums 324 311 634 626
Net investment income 38 32 72 63
Non-insurance warranty revenue 0 0 0 0
Other revenues 0 0 0 0
Total operating revenues 362 343 706 689
Claims, Benefits and Expenses        
Net incurred claims and benefits 195 184 387 373
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 63 56 126 122
Non-insurance warranty expense 0 0 0 0
Insurance related administrative expenses 43 46 83 85
Interest expense 0 0 0 0
Other expenses (10) 1 (11) 3
Total claims, benefits and expenses 291 287 585 583
Income tax (expense) benefit on core income (loss) (18) (12) (31) (25)
Core income (loss)  53 44 90 81
Operating Segments | Life & Group        
Operating revenues        
Net earned premiums 106 109 212 219
Net investment income 235 239 461 470
Non-insurance warranty revenue 0 0 0 0
Other revenues 0 0 0 0
Total operating revenues 341 348 673 689
Claims, Benefits and Expenses        
Net incurred claims and benefits 313 325 613 637
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Non-insurance warranty expense 0 0 0 0
Insurance related administrative expenses 31 29 61 58
Interest expense 0 0 0 0
Other expenses 1 1 1 1
Total claims, benefits and expenses 345 355 675 696
Income tax (expense) benefit on core income (loss) 5 6 9 11
Core income (loss)  1 (1) 7 4
Operating Segments | Corporate & Other        
Operating revenues        
Net earned premiums 0 0 0 0
Net investment income 13 18 29 39
Non-insurance warranty revenue 0 0 0 0
Other revenues 3 3 6 6
Total operating revenues 16 21 35 45
Claims, Benefits and Expenses        
Net incurred claims and benefits 108 27 117 19
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Non-insurance warranty expense 0 0 0 0
Insurance related administrative expenses 1 0 1 0
Interest expense 31 35 63 69
Other expenses 18 23 39 48
Total claims, benefits and expenses 158 85 220 136
Income tax (expense) benefit on core income (loss) 28 11 35 16
Core income (loss)  (114) (53) (150) (75)
Eliminations        
Operating revenues        
Net earned premiums 0 0 0 0
Net investment income 0 0 0 0
Non-insurance warranty revenue 0 0 0 0
Other revenues (3) (3) (6) (6)
Total operating revenues (3) (3) (6) (6)
Claims, Benefits and Expenses        
Net incurred claims and benefits 0 0 0 0
Policyholders’ dividends 0 0 0 0
Amortization of deferred acquisition costs 0 0 0 0
Non-insurance warranty expense 0 0 0 0
Insurance related administrative expenses 0 0 0 0
Interest expense 0 0 0 0
Other expenses (3) (3) (6) (6)
Total claims, benefits and expenses (3) (3) (6) (6)
Income tax (expense) benefit on core income (loss) 0 0 0 0
Core income (loss)  $ 0 $ 0 $ 0 $ 0