v3.25.4
Insurance subsidiary disclosures (Tables)
12 Months Ended
Dec. 31, 2025
Insurance [Abstract]  
Schedule of premiums written and earned

Property/casualty and life/health insurance premiums written and earned are summarized below (in millions).

 

Property/Casualty

 

 

Life/Health

 

 

2025

 

2024

 

2023

 

 

2025

 

2024

 

2023

 

Premiums written:

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

$

66,693

 

$

65,495

 

$

61,990

 

 

$

14

 

$

19

 

$

 

Assumed

 

19,255

 

 

20,422

 

 

20,751

 

 

 

5,319

 

 

5,016

 

 

5,126

 

Ceded

 

(1,874

)

 

(2,231

)

 

(2,402

)

 

 

(31

)

 

(28

)

 

(33

)

$

84,074

 

$

83,686

 

$

80,339

 

 

$

5,302

 

$

5,007

 

$

5,093

 

Premiums earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

$

66,351

 

$

64,880

 

$

60,437

 

 

$

14

 

$

18

 

$

 

Assumed

 

19,303

 

 

20,738

 

 

20,442

 

 

 

5,286

 

 

5,008

 

 

5,105

 

Ceded

 

(2,021

)

 

(2,359

)

 

(2,548

)

 

 

(31

)

 

(28

)

 

(33

)

 

$

83,633

 

$

83,259

 

$

78,331

 

 

$

5,269

 

$

4,998

 

$

5,072