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REORGANIZATION EXPENSES
12 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
REORGANIZATION EXPENSES REORGANIZATION EXPENSES
For the year ended December 31, 2023, reorganization expenses were $29 million (2022: $31 million and 2021: $nil).
In 2023, reorganization expenses included impairments of computer software assets and severance costs mainly related to the Company's "How We Work" program which is focused on simplifying and improving the Company’s operating structure.
In 2022, reorganization expenses included severance costs and software asset impairments attributable to the Company's exit from catastrophe and property reinsurance lines of business in June.