XML 46 R26.htm IDEA: XBRL DOCUMENT v3.25.3
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination [Abstract]  
Allocation of purchase price to acquired assets and liabilities
The following table summarizes the Company’s allocation of the purchase price to the acquired assets and liabilities assumed based on estimated fair values on August 1, 2024.
TotalUseful Life
Purchase price
Cash paid (a)$450 
Assets Acquired
Cash and investments, at fair value$2,332 
Premiums receivable, net of commissions224
Intangible asset -- distribution relationships22010 years
Intangible asset -- value of business acquired165
1-2 years
Intangible asset -- other (1)180
5-7 years
Other assets acquired175
Total assets acquired$3,296 
Liabilities Acquired
Reserves for losses and loss adjustment expenses $2,468 
Unearned premiums636
Other liabilities acquired18
Total liabilities acquired3,122 
Identifiable net assets acquired (b)$174 
Goodwill (a) - (b)$276 
(1)    Includes $130 million related to the net fair value adjustment to reserves for loss and loss adjustment expenses on August 1, 2024.