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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Earned premiums $ 2,567 $ 2,297 $ 7,391 $ 6,524
Investment income, net of expenses 295 258 860 745
Investment gains and losses, net 853 758 1,259 1,507
Fee revenues 5 4 15 13
Other revenues 6 3 15 10
Total revenues 3,726 3,320 9,540 8,799
Benefits and Expenses        
Insurance losses and contract holders' benefits 1,540 1,578 5,168 4,407
Underwriting, acquisition and insurance expenses 754 683 2,165 1,954
Interest expense 13 13 40 40
Other operating expenses 6 6 27 19
Total benefits and expenses 2,313 2,280 7,400 6,420
Income Before Income Taxes 1,413 1,040 2,140 2,379
Provision for Income Taxes        
Current 128 171 167 293
Deferred 163 49 256 199
Total provision for income taxes 291 220 423 492
Net Income $ 1,122 $ 820 $ 1,717 $ 1,887
Per Common Share        
Net income — basic $ 7.19 $ 5.25 $ 10.99 $ 12.06
Net income — diluted $ 7.11 $ 5.20 $ 10.88 $ 11.97