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REORGANIZATION EXPENSES | 12 Months Ended
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Dec. 31, 2024
Restructuring and Related Activities [Abstract] |
REORGANIZATION EXPENSES | REORGANIZATION EXPENSES For the year ended December 31, 2024, reorganization expenses were $26 million (2023: $29 million and 2022: $31 million). In 2024, reorganization expenses were primarily related to severance costs attributable to the Company's "How We Work" program. In 2023, reorganization expenses were primarily related to impairments of computer software assets and severance costs attributable to the Company's "How We Work" program which is focused on simplifying the Company’s operating structure. In 2022, reorganization expenses were primarily related to severance costs and impairments of computer software assets mainly attributable to the Company's exit from catastrophe and property reinsurance lines of business in June.

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- Definition The entire disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References No definition available. + Details
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