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Consolidated Statements Of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Earned premiums $ 7,219 $ 6,482 $ 5,980
Investment income, net of expenses 781 714 670
Investment gains and losses, net (1,467) 2,409 865
Fee revenues 14 15 11
Other revenues 10 10 10
Total revenues 6,557 9,630 7,536
Benefits and Expenses      
Insurance losses and contract holders' benefits 5,012 3,936 4,134
Underwriting, acquisition and insurance expenses 2,162 1,951 1,829
Interest expense 53 53 54
Other operating expenses 23 20 20
Total benefits and expenses 7,250 5,960 6,037
Income from Continuing Operations before Income Taxes, Noncontrolling Interest, Total (693) 3,670 1,499
Provision (Benefit) for Income Taxes      
Current 148 247 147
Deferred (355) 477 136
Total provision (benefit) for income taxes (207) 724 283
Net Income (Loss) $ (486) $ 2,946 $ 1,216
Per Common Share      
Net income—basic (in usd per share) $ (3.06) $ 18.29 $ 7.55
Net income—diluted (in usd per share) $ (3.06) $ 18.10 $ 7.49