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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERSUS PERFORMANCE
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, the following table reports the compensation of our Principal Executive Officer (PEO), and the average compensation of our other Named Executive Officers (Other NEOs) as reported in the Summary Compensation Table for the past three fiscal years, as well as their “compensation actually paid” as calculated pursuant to recently adopted SEC rules and certain performance measures required by such rules.
Year
Summary Compensation Table Total Compensation for PEO ($) (1)
Compensation Actually Paid to PEO ($) (2)
Average Summary Compensation Table Total Compensation for Other NEOs ($) (3)
Average Compensation Actually Paid to Other NEOs ($) (2)
Value of Initial Fixed $100 Investment Based On:
Net
Income (5) (millions) ($)
Core EPS ($)
Carl H. Lindner III
S. Craig Lindner
Carl H. Lindner III
S. Craig Lindner
Total Shareholder Return
($)
Peer Group (4) Total Shareholder Return ($)
2022
12,670,399
12,637,868
13,456,927
13,424,396
2,854,120
3,133,065
181.22
148.53
898
11.63
2021
12,449,582
12,341,739
16,851,687
16,743,844
2,639,597
4,137,031
163.26
124.95
1,995
11.59
2020
9,631,170
9,596,241
8,637,205
8,602,276
1,991,354
1,659,485
83.81
106.33
732
8.44
(1)
For 2020 through 2022, our PEOs were the Co-CEOs, Carl H. Lindner III and S. Craig Lindner. The dollar amounts reported in this column are the amounts of total compensation reported for the Co-CEOs for each corresponding year in the “Total” column of the Summary Compensation Table.
(2)
“Compensation actually paid” to our Co-CEOs and Other NEOs in each of 2022, 2021 and 2020 reflects the respective amounts set forth in the “Total” column of the Summary Compensation Table, as adjusted as set forth in the table below, in accordance with SEC rules. The dollar amounts reflected in the “Total” column of the Summary Compensation Table and above do not reflect the actual amount of compensation earned by or paid to our Co-CEOs and Other NEOs during the applicable year. For information regarding the decisions made by our management and Compensation Committee in regards to the NEO compensation for each fiscal year, please see the Compensation Discussion & Analysis section of this proxy statement. Fair value changes in stock awards for 2020 include the change in fair value of unvested stock option awards from December 31, 2019 to February 23, 2020. The Company has not awarded stock options since 2015.
Covered Year
2022
2021
2020
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Summary Compensation Table “Total”
12,670,399
12,637,868
2,854,120
12,449,582
12,341,739
2,639,597
9,631,170
9,596,241
1,991,354
Less: Stock Award Values Reported in Summary Compensation Table for Covered Year
(1,500,128)
(1,500,128)
(592,584)
(1,500,100)
(1,500,100)
(538,810)
(1,500,125)
(1,500,125)
(507,565)
Plus: Fair Value of Stock Awards Granted in Covered Year
1,537,536
1,537,536
607,361
1,853,545
1,853,545
665,762
1,260,764
1,260,764
426,578
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
(1,720)
(1,720)
(586)
2,126,862
2,126,862
718,028
(975,709)
(975,709)
(324,777)
Change in Fair Value of Stock and Option Awards from Prior Years that Vested in Covered Year ($)
(25,892)
(25,892)
(8,245)
341,051
341,051
110,866
(8,414)
(8,414)
(2,692)
Dividends Paid during Covered Year on Unvested Stock Awards
776,732
776,732
273,000
1,580,747
1,580,747
541,589
229,519
229,519
76,588
Compensation
Actually Paid ($)
13,456,927
13,424,396
3,133,065
16,851,687
16,743,844
4,137,031
8,637,205
8,602,276
1,659,485
(3)
For 2021 and 2020, our Other NEOs were John B. Berding, Michelle A. Gillis, Brian S. Hertzman and Vito C. Peraino. For 2022, the Other NEOs were John B. Berding, Brian S. Hertzman, Vito C. Peraino and David L. Thompson, Jr.
(4)
For the relevant fiscal year, the dollar amounts reported represent the cumulative total shareholder return (TSR) of the S&P 500 Property & Casualty Index (“Peer Group TSR”) for the measurement periods ending on December 31 of each of 2022, 2021 and 2020, respectively.
(5)
The dollar amounts reported represent the amount of net income (loss) reflected in our consolidated audited financial statements in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2022, 2021 and 2020, respectively.
   
Company Selected Measure Name Core EPS    
Named Executive Officers, Footnote [Text Block]
(3)
For 2021 and 2020, our Other NEOs were John B. Berding, Michelle A. Gillis, Brian S. Hertzman and Vito C. Peraino. For 2022, the Other NEOs were John B. Berding, Brian S. Hertzman, Vito C. Peraino and David L. Thompson, Jr.
   
Peer Group Issuers, Footnote [Text Block]
(4)
For the relevant fiscal year, the dollar amounts reported represent the cumulative total shareholder return (TSR) of the S&P 500 Property & Casualty Index (“Peer Group TSR”) for the measurement periods ending on December 31 of each of 2022, 2021 and 2020, respectively.
   
Adjustment To PEO Compensation, Footnote [Text Block]
(2)
“Compensation actually paid” to our Co-CEOs and Other NEOs in each of 2022, 2021 and 2020 reflects the respective amounts set forth in the “Total” column of the Summary Compensation Table, as adjusted as set forth in the table below, in accordance with SEC rules. The dollar amounts reflected in the “Total” column of the Summary Compensation Table and above do not reflect the actual amount of compensation earned by or paid to our Co-CEOs and Other NEOs during the applicable year. For information regarding the decisions made by our management and Compensation Committee in regards to the NEO compensation for each fiscal year, please see the Compensation Discussion & Analysis section of this proxy statement. Fair value changes in stock awards for 2020 include the change in fair value of unvested stock option awards from December 31, 2019 to February 23, 2020. The Company has not awarded stock options since 2015.
Covered Year
2022
2021
2020
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Summary Compensation Table “Total”
12,670,399
12,637,868
2,854,120
12,449,582
12,341,739
2,639,597
9,631,170
9,596,241
1,991,354
Less: Stock Award Values Reported in Summary Compensation Table for Covered Year
(1,500,128)
(1,500,128)
(592,584)
(1,500,100)
(1,500,100)
(538,810)
(1,500,125)
(1,500,125)
(507,565)
Plus: Fair Value of Stock Awards Granted in Covered Year
1,537,536
1,537,536
607,361
1,853,545
1,853,545
665,762
1,260,764
1,260,764
426,578
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
(1,720)
(1,720)
(586)
2,126,862
2,126,862
718,028
(975,709)
(975,709)
(324,777)
Change in Fair Value of Stock and Option Awards from Prior Years that Vested in Covered Year ($)
(25,892)
(25,892)
(8,245)
341,051
341,051
110,866
(8,414)
(8,414)
(2,692)
Dividends Paid during Covered Year on Unvested Stock Awards
776,732
776,732
273,000
1,580,747
1,580,747
541,589
229,519
229,519
76,588
Compensation
Actually Paid ($)
13,456,927
13,424,396
3,133,065
16,851,687
16,743,844
4,137,031
8,637,205
8,602,276
1,659,485
   
Non-PEO NEO Average Total Compensation Amount $ 2,854,120 $ 2,639,597 $ 1,991,354
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,133,065 4,137,031 1,659,485
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(2)
“Compensation actually paid” to our Co-CEOs and Other NEOs in each of 2022, 2021 and 2020 reflects the respective amounts set forth in the “Total” column of the Summary Compensation Table, as adjusted as set forth in the table below, in accordance with SEC rules. The dollar amounts reflected in the “Total” column of the Summary Compensation Table and above do not reflect the actual amount of compensation earned by or paid to our Co-CEOs and Other NEOs during the applicable year. For information regarding the decisions made by our management and Compensation Committee in regards to the NEO compensation for each fiscal year, please see the Compensation Discussion & Analysis section of this proxy statement. Fair value changes in stock awards for 2020 include the change in fair value of unvested stock option awards from December 31, 2019 to February 23, 2020. The Company has not awarded stock options since 2015.
Covered Year
2022
2021
2020
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Carl H. Lindner III ($)
S. Craig Lindner
($)
Non-PEO NEOs Average ($)
Summary Compensation Table “Total”
12,670,399
12,637,868
2,854,120
12,449,582
12,341,739
2,639,597
9,631,170
9,596,241
1,991,354
Less: Stock Award Values Reported in Summary Compensation Table for Covered Year
(1,500,128)
(1,500,128)
(592,584)
(1,500,100)
(1,500,100)
(538,810)
(1,500,125)
(1,500,125)
(507,565)
Plus: Fair Value of Stock Awards Granted in Covered Year
1,537,536
1,537,536
607,361
1,853,545
1,853,545
665,762
1,260,764
1,260,764
426,578
Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($)
(1,720)
(1,720)
(586)
2,126,862
2,126,862
718,028
(975,709)
(975,709)
(324,777)
Change in Fair Value of Stock and Option Awards from Prior Years that Vested in Covered Year ($)
(25,892)
(25,892)
(8,245)
341,051
341,051
110,866
(8,414)
(8,414)
(2,692)
Dividends Paid during Covered Year on Unvested Stock Awards
776,732
776,732
273,000
1,580,747
1,580,747
541,589
229,519
229,519
76,588
Compensation
Actually Paid ($)
13,456,927
13,424,396
3,133,065
16,851,687
16,743,844
4,137,031
8,637,205
8,602,276
1,659,485
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Relationship Between Compensation Actually Paid to our Co-CEOs and the Average of the Compensation Actually Paid to the Other NEOs and the Company’s Cumulative TSR and Comparison of Company’s Cumulative TSR and Peer Group TSR.
The table below reflects the relationship between the compensation actually paid for the Company’s Co-CEOs and the average Other NEOs versus the Company’s TSR and the peer group TSR, assuming an initial fixed investment of $100 for the years ended December 31, 2022, 2021 and 2020.
graphic
   
Compensation Actually Paid vs. Net Income [Text Block]
Relationship Between Compensation Actually Paid to our Co-CEOs and the Average of the Compensation Actually Paid to the Other NEOs and the Company’s Net Income.
The table below reflects the relationship between the compensation actually paid for the Company’s Co-CEOs and the average Other NEOs versus the Company’s Net Income for the year ended December 31, 2022, 2021 and 2020. Net income for 2021 includes the sale of the annuity business to Massachusetts Mutual Life Insurance Company for approximately $3.5 billion after-tax proceeds.
graphic
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Relationship Between Compensation Actually Paid to our Co-CEOs and the Average of the Compensation Actually Paid to the Other NEOs and the Company’s Core Earnings Per Share.
The table below reflects the relationship between the compensation actually paid for the Company’s Co-CEOs and the average Other NEOs versus the Company’s Core EPS for the years ended December 31, 2022, 2021 and 2020.
graphic
   
Total Shareholder Return Vs Peer Group [Text Block]
Relationship Between Compensation Actually Paid to our Co-CEOs and the Average of the Compensation Actually Paid to the Other NEOs and the Company’s Cumulative TSR and Comparison of Company’s Cumulative TSR and Peer Group TSR.
The table below reflects the relationship between the compensation actually paid for the Company’s Co-CEOs and the average Other NEOs versus the Company’s TSR and the peer group TSR, assuming an initial fixed investment of $100 for the years ended December 31, 2022, 2021 and 2020.
graphic
   
Tabular List [Table Text Block]
The following financial performance measures are the most important financial performance measures that link compensation actually paid to named executive officers in the applicable year to company performance. For a description of these financial measures, see pages 38-45.

Most Important Performance Measures
Core Earnings per Share
Specialty Property and Casualty Earnings
Book Value per Share Growth vs. Industry Companies over 3 Years
Core Return on Equity over 3 Years
   
Total Shareholder Return Amount $ 181.22 163.26 83.81
Peer Group Total Shareholder Return Amount 148.53 124.95 106.33
Net Income (Loss) $ 898,000,000 $ 1,995,000,000 $ 732,000,000
Company Selected Measure Amount | $ / shares 11.63 11.59 8.44
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Core Earnings per Share    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Specialty Property and Casualty Earnings    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Book Value per Share Growth vs. Industry Companies over 3 Years    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Core Return on Equity over 3 Years    
Carl H. Lindner [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 12,670,399 $ 12,449,582 $ 9,631,170
PEO Actually Paid Compensation Amount $ 13,456,927 $ 16,851,687 $ 8,637,205
PEO Name Carl H. Lindner III Carl H. Lindner III Carl H. Lindner III
S. Craig Lindner [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 12,637,868 $ 12,341,739 $ 9,596,241
PEO Actually Paid Compensation Amount $ 13,424,396 $ 16,743,844 $ 8,602,276
PEO Name S. Craig Lindner S. Craig Lindner S. Craig Lindner
PEO [Member] | Carl H. Lindner [Member] | Stock Award Values Reported in Summary Compensation Table for Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,500,128) $ (1,500,100) $ (1,500,125)
PEO [Member] | Carl H. Lindner [Member] | Fair Value of Stock Awards Granted in Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,537,536 1,853,545 1,260,764
PEO [Member] | Carl H. Lindner [Member] | Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,720) 2,126,862 (975,709)
PEO [Member] | Carl H. Lindner [Member] | Change in Fair Value of Stock and Option Awards from Prior Years that Vested in Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (25,892) 341,051 (8,414)
PEO [Member] | Carl H. Lindner [Member] | Dividends Paid during Covered Year on Unvested Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 776,732 1,580,747 229,519
PEO [Member] | S. Craig Lindner [Member] | Stock Award Values Reported in Summary Compensation Table for Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,500,128) (1,500,100) (1,500,125)
PEO [Member] | S. Craig Lindner [Member] | Fair Value of Stock Awards Granted in Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,537,536 1,853,545 1,260,764
PEO [Member] | S. Craig Lindner [Member] | Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,720) 2,126,862 (975,709)
PEO [Member] | S. Craig Lindner [Member] | Change in Fair Value of Stock and Option Awards from Prior Years that Vested in Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (25,892) 341,051 (8,414)
PEO [Member] | S. Craig Lindner [Member] | Dividends Paid during Covered Year on Unvested Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 776,732 1,580,747 229,519
Non-PEO NEO [Member] | Stock Award Values Reported in Summary Compensation Table for Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (592,584) (538,810) (507,565)
Non-PEO NEO [Member] | Fair Value of Stock Awards Granted in Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 607,361 665,762 426,578
Non-PEO NEO [Member] | Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (586) 718,028 (324,777)
Non-PEO NEO [Member] | Change in Fair Value of Stock and Option Awards from Prior Years that Vested in Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (8,245) 110,866 (2,692)
Non-PEO NEO [Member] | Dividends Paid during Covered Year on Unvested Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 273,000 $ 541,589 $ 76,588