v3.26.1
Reserves for Insurance Losses and Loss Adjustment Expenses (Tables)
 6 Months Ended
Jun. 30, 2026
Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense and Rollforward of Our Reserves for Insurance Losses and Loss Adjustment Expenses
The following table shows a rollforward of our reserves for insurance losses and loss adjustment expenses.
($ in millions)20262025
Total gross reserves for insurance losses and loss adjustment expenses at January 1,$233 $189 
Less: Reinsurance recoverable69 60 
Net reserves for insurance losses and loss adjustment expenses at January 1,164 129 
Net insurance losses and loss adjustment expenses incurred related to:
Current year342 359 
Prior years (a)(13)5 
Total net insurance losses and loss adjustment expenses incurred329 364 
Net insurance losses and loss adjustment expenses paid or payable related to:
Current year(234)(234)
Prior years(75)(71)
Total net insurance losses and loss adjustment expenses paid or payable(309)(305)
Net reserves for insurance losses and loss adjustment expenses at June 30,184 188 
Plus: Reinsurance recoverable (b)67 66 
Total gross reserves for insurance losses and loss adjustment expenses at June 30, (c)$251 $254 
(a)There have been no material adverse changes to the reserve for prior years.
(b)Included in premiums receivable and other insurance assets on our Condensed Consolidated Balance Sheet.
(c)Included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet.