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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Earned premiums $ 2,297 $ 2,033 $ 6,524 $ 5,894
Investment income, net of expenses 258 225 745 655
Investment gains and losses, net 758 (456) 1,507 84
Fee revenues 4 6 13 16
Other revenues 3 3 10 8
Total revenues 3,320 1,811 8,799 6,657
Benefits and Expenses        
Insurance losses and contract holders' benefits 1,578 1,332 4,407 4,070
Underwriting, acquisition and insurance expenses 683 609 1,954 1,744
Interest expense 13 13 40 40
Other operating expenses 6 5 19 17
Total benefits and expenses 2,280 1,959 6,420 5,871
Income (Loss) Before Income Taxes 1,040 (148) 2,379 786
Provision (Benefit) for Income Taxes        
Current 171 57 293 124
Deferred 49 (106) 199 2
Total provision (benefit) for income taxes 220 (49) 492 126
Net Income (Loss) $ 820 $ (99) $ 1,887 $ 660
Per Common Share        
Net income (loss) — basic $ 5.25 $ (0.63) $ 12.06 $ 4.20
Net income (loss) — diluted $ 5.20 $ (0.63) $ 11.97 $ 4.17