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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows From Operating Activities    
Net Income $ 1,717 $ 1,887
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other 126 115
Investment gains and losses, net (1,235) (1,499)
Interest credited to contract holders 33 34
Deferred income tax expense 256 199
Changes in:    
Premiums and reinsurance receivable (524) (356)
Deferred policy acquisition costs (118) (148)
Other assets (57) (8)
Loss and loss expense reserves 1,257 878
Life policy and investment contract reserves 34 54
Unearned premiums 610 755
Other liabilities 43 55
Current income tax receivable/payable 23 41
Net cash provided by operating activities 2,165 2,007
Cash Flows From Investing Activities    
Sale, call or maturity of fixed maturities 2,602 2,354
Sale of equity securities 201 1,332
Purchase of fixed maturities (3,546) (3,797)
Purchase of equity securities (319) (282)
Change in short-term investments 154 0
Changes in finance receivables (30) (10)
Investment in building and equipment (12) (18)
Change in other invested assets, net (67) (68)
Net cash used in investing activities (1,017) (489)
Cash Flows From Financing Activities    
Payment of cash dividends to shareholders (392) (365)
Shares acquired - share repurchase authorization (102) (121)
Proceeds from stock options exercised 8 7
Contract holders' funds deposited 47 58
Contract holders' funds withdrawn (121) (152)
Other (111) (100)
Net cash used in financing activities (671) (673)
Net change in cash and cash equivalents 477 845
Cash and cash equivalents at beginning of year 983 907
Cash and cash equivalents at end of period 1,460 1,752
Supplemental Disclosures of Cash Flow Information:    
Interest paid 27 27
Income taxes paid 99 221
Noncash Activities    
Equipment acquired under finance lease obligations 16 13
Share-based compensation 29 41
Other assets and other liabilities $ 344 $ 562