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Consolidated Statements Of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Earned premiums $ 7,958 $ 7,225 $ 6,478
Investment income, net of expenses 894 781 714
Investment gains and losses, net 1,127 (1,467) 2,409
Fee revenues 21 14 15
Other revenues 13 10 10
Total revenues 10,013 6,563 9,626
Benefits and Expenses      
Insurance losses and contract holders' benefits 5,274 5,019 3,909
Underwriting, acquisition and insurance expenses 2,384 2,162 1,946
Interest expense 54 53 53
Other operating expenses 25 23 20
Total benefits and expenses 7,737 7,257 5,928
Income (Loss) Before Income Taxes 2,276 (694) 3,698
Provision (Benefit) for Income Taxes      
Current 210 148 247
Deferred 223 (355) 483
Total provision (benefit) for income taxes 433 (207) 730
Net Income (Loss) $ 1,843 $ (487) $ 2,968
Per Common Share      
Net income (loss)—basic $ 11.74 $ (3.06) $ 18.43
Net income (loss)—diluted $ 11.66 $ (3.06) $ 18.24