v3.26.3
Basis of Reporting and Accounting (Tables)
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Premium Receivable, Allowance for Credit Loss The following table summarizes changes in our allowance for credit loss exposure on our premiums receivable:
Three Months Ended September 30,Nine Months Ended September 30,
(millions)2026202520262025
Allowance for credit losses, beginning of period$544 $501 $552 $460 
Increase in allowance1
228 211 641 540 
Write-offs2
(184)(196)(605)(484)
Allowance for credit losses, end of period$588 $516 $588 $516 
1 Represents the incremental increase in other underwriting expenses.
2 Represents the portion of allowance that is reversed when the premiums receivable balances are written off. Premiums receivable balances are written off once we have exhausted our collection efforts.
Schedule of Supplemental Cash Flow Information, Non Cash Activity
Non-cash activity included the following in the respective periods:
Nine Months Ended September 30,
(millions)20262025
Common share dividends1
$58 $59 
Operating lease liabilities2
50 83 
1 Declared but unpaid. See Note 10 – Dividends for further discussion.
2 From obtaining right-of-use assets.
Supplemental Cash Flow Information Table
In the respective periods, we paid the following: 
Nine Months Ended September 30,
(millions)20262025
Income taxes, net of refunds$2,193 $2,313 
Interest263 226 
Operating lease liabilities69 68