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Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Net earned premiums $ 1,609 $ 1,580
Net investment income 187 173
Realized gains (losses) on securities (18) 3
Income of managed investment entities:    
Investment income 67 76
Gain (loss) on change in fair value of assets/liabilities (20) (3)
Other income 29 27
Total revenues 1,854 1,856
Costs and Expenses:    
Losses and loss adjustment expenses 906 965
Commissions and other underwriting expenses 556 530
Interest charges on borrowed money 23 19
Expenses of managed investment entities 58 68
Other expenses 72 77
Total costs and expenses 1,615 1,659
Earnings before income taxes 239 197
Provision for income taxes 48 43
Net Earnings $ 191 $ 154
Earnings per Common Share:    
Total basic earnings (USD per share) $ 2.29 $ 1.84
Total diluted earnings (USD per share) $ 2.29 $ 1.84
Average number of Common Shares:    
Basic (shares) 83.3 83.8
Diluted (shares) 83.3 83.8