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Insurance Company Subsidiary Operations (Tables)
12 Months Ended
Dec. 31, 2024
Reinsurance Disclosures [Abstract]  
Effects of Reinsurance on Premiums Written and Earned

 

 

 

2024

 

 

2023

 

(in millions)

 

Written

 

 

Earned

 

 

Written

 

 

Earned

 

Direct premiums - WNFIC

 

$

1,005

 

 

$

946

 

 

$

887

 

 

$

807

 

Assumed premiums - WNFIC

 

 

 

 

 

 

 

 

 

 

 

 

Ceded premiums - WNFIC

 

 

1,005

 

 

 

946

 

 

 

887

 

 

 

807

 

Net premiums - WNFIC

 

 

 

 

 

 

 

 

 

 

 

 

Assumed premiums - Quota share captive and excess of loss layer captive

 

 

153

 

 

 

151

 

 

 

113

 

 

 

90

 

Ceded premiums - Quota share captive

 

 

(74

)

 

 

(74

)

 

 

(52

)

 

 

(62

)

Net premiums - Quota share captive and excess loss layer captive

 

 

79

 

 

 

77

 

 

 

61

 

 

 

28

 

Net premiums - Total

 

$

79

 

 

$

77

 

 

$

61

 

 

$

28