XML 73 R64.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segment Reporting (Schedule Of Underwriting Results For Operating Segments) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting Information [Line Items]        
Gross written premium $ 3,680 $ 3,498 $ 10,313 $ 9,619
Net written premiums 3,323 3,026 9,156 8,389
Premiums earned 3,067 2,656 8,775 7,603
Incurred losses and LAE 2,623 2,274 6,289 5,572
Commission and brokerage 641 564 1,877 1,611
Other underwriting expenses 169 141 500 424
Underwriting gain (loss) (367) (323) 109 (5)
Net investment income 151 293 620 960
Net gains (losses) on investments (129) (4) (519) 139
Corporate expenses (16) (18) (45) (46)
Interest, fee and bond issue cost amortization expense (25) (16) (74) (47)
Other income (expense) (16) (20) (71) 44
INCOME (LOSS) BEFORE TAXES (401) (88) 20 1,046
Reinsurance [Member]        
Segment Reporting Information [Line Items]        
Gross written premium 2,551 2,488 6,938 6,696
Net written premiums 2,460 2,293 6,664 6,266
Premiums earned 2,245 1,976 6,451 5,675
Incurred losses and LAE 1,992 1,766 4,699 4,206
Commission and brokerage 537 471 1,582 1,353
Other underwriting expenses 54 45 156 144
Underwriting gain (loss) (338) (306) 14 (29)
Insurance [Member]        
Segment Reporting Information [Line Items]        
Gross written premium 1,129 1,009 3,376 2,924
Net written premiums 862 733 2,492 2,123
Premiums earned 822 680 2,324 1,928
Incurred losses and LAE 631 508 1,591 1,366
Commission and brokerage 104 93 295 258
Other underwriting expenses 115 96 344 280
Underwriting gain (loss) $ (29) $ (17) $ 95 $ 24