Statutory Information and Dividend Limitations (Tables)

12 Months Ended

Dec. 31, 2025

Statutory Accounting Practices Disclosure

The estimated combined statutory net income, excluding intercompany dividends and surplus note interest, and estimated combined capital and surplus of the Company’s insurance subsidiaries is as follows:


	Year Ended December 31,
DOLLARS IN MILLIONS	2025		2024		2023
Property and casualty companies:
Domestic	$	186.5	$	440.7	$	(150.4)
Life and health companies
Domestic	16.5		17.1		(136.0)
Foreign	113.9		(73.9)		140.0
Total Life and health companies	130.4		(56.8)		4.0
Total statutory net income	$	316.9	$	383.9	$	(146.4)

NOTE 18. STATUTORY FINANCIAL INFORMATION AND DIVIDEND LIMITATIONS (Continued)


DOLLARS IN MILLIONS	2025		2024
Property and casualty companies
Domestic	$	1,558.7	$	1,761.2
Life and health companies
Domestic	108.4		124.3
Foreign	165.3		197.9
Total Life and health companies	273.7		322.2
Total statutory capital and surplus	$	1,832.4	$	2,083.4

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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