XML 54 R42.htm IDEA: XBRL DOCUMENT v3.25.3

Segment information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Operations By Segment

The following tables present the Statement of Operations by segment:

For the Three Months Ended September 30, 2025 (in millions of U.S. dollars)			North America Commercial P&C Insurance						North America Personal P&C Insurance						North America Agricultural Insurance						Overseas General Insurance						Global Reinsurance						Life Insurance						Total
Net premiums written			$	5,663					$	1,814					$	1,458					$	3,695					$	304					$	1,932					$	14,866
Net premiums earned			5,080						1,741						1,495						3,803						315						1,925						14,359
Losses and loss expenses			3,083						713						1,224						1,707						139						31
Policy benefits			—						—						—						119						—						1,303
Policy acquisition costs			708						339						86						975						96						359
Administrative expenses			348						82						5						368						9						213
Underwriting income			941						607						180						634						71						NM
Net investment income			978						123						20						288						100						284
Other (income) expense			10						1						—						8						—						(31)
Amortization of purchased intangibles			1						2						6						20						—						10
Segment income			$	1,908					$	727					$	194					$	894					$	171					$	324					$	4,218
Net realized gains (losses)																																							283
Market risk benefits gains (losses)																																							(142)
Interest expense																																							197
Integration expenses																																							1
Corporate underwriting loss																																							(174)
Corporate net investment loss																																							(18)
Corporate other (income) expense																																							87
Corporate amortization of purchased intangibles																																							36
Other reclassification																																							48
Income before income tax																																							$	3,894

NM – not meaningful. Underwriting income is not used as a basis for segment performance for the Life Insurance segment.

For the Three Months Ended September 30, 2024 (in millions of U.S. dollars)			North America Commercial P&C Insurance						North America Personal P&C Insurance						North America Agricultural Insurance						Overseas General Insurance						Global Reinsurance						Life Insurance						Total
Net premiums written			$	5,500					$	1,679					$	1,379					$	3,367					$	352					$	1,552					$	13,829
Net premiums earned			5,110						1,577						1,419						3,421						316						1,530						13,373
Losses and loss expenses			3,391						879						1,193						1,631						200						32
Policy benefits			—						—						—						120						—						989
Policy acquisition costs			689						315						88						852						89						291
Administrative expenses			338						88						2						340						9						213
Underwriting income			692						295						136						478						18						NM
Net investment income			931						112						20						286						64						250
Other (income) expense			6						1						1						5						—						(39)
Amortization of purchased intangibles			2						3						5						21						—						10
Segment income			$	1,615					$	403					$	150					$	738					$	82					$	284					$	3,272
Net realized gains (losses)																																							198
Market risk benefits gains (losses)																																							(230)
Interest expense																																							192
Integration expenses																																							7
Corporate underwriting loss																																							(162)
Corporate net investment loss																																							(28)
Corporate other (income) expense																																							(202)
Corporate amortization of purchased intangibles																																							40
Other reclassification																																							(19)
Income before income tax																																							$	2,994

NM – not meaningful. Underwriting income is not used as a basis for segment performance for the Life Insurance segment.

For the Nine Months Ended September 30, 2025 (in millions of U.S. dollars)			North America Commercial P&C Insurance						North America Personal P&C Insurance						North America Agricultural Insurance						Overseas General Insurance						Global Reinsurance						Life Insurance						Total
Net premiums written			$	16,173					$	5,304					$	2,467					$	11,218					$	1,092					$	5,454					$	41,708
Net premiums earned			15,245						4,996						2,258						10,554						1,021						5,410						39,484
Losses and loss expenses			9,372						3,628						1,799						4,893						513						77
Policy benefits			—						—						—						361						—						3,715
Policy acquisition costs			2,132						1,001						151						2,725						294						988
Administrative expenses			1,049						251						9						1,067						29						614
Underwriting income			2,692						116						299						1,508						185						NM
Net investment income			2,845						361						63						847						255						829
Other (income) expense			26						2						1						19						—						(103)
Amortization of purchased intangibles			4						6						18						58						—						28
Segment income			$	5,507					$	469					$	343					$	2,278					$	440					$	920					$	9,957
Net realized gains (losses)																																							327
Market risk benefits gains (losses)																																							(251)
Interest expense																																							559
Integration expenses																																							3
Corporate underwriting loss																																							(469)
Corporate net investment loss																																							(74)
Corporate other (income) expense																																							(408)
Corporate amortization of purchased intangibles																																							110
Other reclassification																																							48
Income before income tax																																							$	9,274

NM – not meaningful. Underwriting income is not used as a basis for segment performance for the Life Insurance segment.

For the Nine Months Ended September 30, 2024 (in millions of U.S. dollars)			North America Commercial P&C Insurance						North America Personal P&C Insurance						North America Agricultural Insurance						Overseas General Insurance						Global Reinsurance						Life Insurance						Total
Net premiums written			$	15,690					$	4,911					$	2,386					$	10,536					$	1,122					$	4,765					$	39,410
Net premiums earned			14,890						4,560						2,173						9,966						950						4,709						37,248
Losses and loss expenses			9,640						2,654						1,785						4,728						492						86
Policy benefits			—						—						—						312						—						3,090
Policy acquisition costs			2,037						914						154						2,517						250						885
Administrative expenses			993						262						7						1,019						29						638
Underwriting income			2,220						730						227						1,390						179						NM
Net investment income			2,620						322						62						836						179						738
Other (income) expense			28						—						1						14						—						(111)
Amortization of purchased intangibles			2						7						18						61						—						31
Segment income			$	4,810					$	1,045					$	270					$	2,151					$	358					$	828					$	9,462
Net realized gains (losses)																																							201
Market risk benefits gains (losses)																																							(238)
Interest expense																																							552
Integration expenses																																							21
Corporate underwriting loss																																							(471)
Corporate net investment loss																																							(86)
Corporate other (income) expense																																							(263)
Corporate amortization of purchased intangibles																																							122
Other reclassification																																							(100)
Income before income tax																																							$	8,336

NM – not meaningful. Underwriting income is not used as a basis for segment performance for the Life Insurance segment.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration