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—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
22
monetaryItemType
text: <entity> 22 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:RelatedPartyTransactionAmountsOfTransaction
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
2
monetaryItemType
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:RelatedPartyTransactionAmountsOfTransaction
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
6
monetaryItemType
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:RelatedPartyTransactionAmountsOfTransaction
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
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7
monetaryItemType
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:RelatedPartyTransactionAmountsOfTransaction
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
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112
monetaryItemType
text: <entity> 112 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:NotesReceivableNet
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
43
monetaryItemType
text: <entity> 43 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:NotesReceivableNet
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
67
monetaryItemType
text: <entity> 67 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:ReceivablesNetCurrent
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
22
monetaryItemType
text: <entity> 22 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:ReceivablesNetCurrent
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
45
monetaryItemType
text: <entity> 45 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:NotesAndLoansReceivableNetNoncurrent
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
21
monetaryItemType
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:NotesAndLoansReceivableNetNoncurrent
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:InterestIncomeOperating
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
3
monetaryItemType
text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:InterestIncomeOperating
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
4
monetaryItemType
text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:InterestIncomeOperating
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
20
percentItemType
text: <entity> 20 </entity> <entity type> percentItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:EquityMethodInvestmentOwnershipPercentage
—We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %.
text
50
percentItemType
text: <entity> 50 </entity> <entity type> percentItemType </entity type> <context> —We have equity method investments in entities that own, operate, manage, or franchise properties or other hospitality-related businesses, including the Unlimited Vacation Club paid membership program, for which we receive management, franchise, license, or royalty fees. We recognized $ 83 million, $ 23 million, and $ 22 million of fee revenues during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. In addition, in some cases we provide loans or guarantees to these entities (see Note 4, Note 6, and Note 15). During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 2 million, $ 6 million, and $ 7 million, respectively, of income related to these guarantees. At December 31, 2024 and December 31, 2023, we had $ 112 million and $ 43 million, respectively, due from these entities, inclusive of $ 67 million and $ 22 million, respectively, recorded in receivables, net and $ 45 million and $ 21 million, respectively, recorded in financing receivables, net on our consolidated balance sheets. During the years ended December 31, 2024, December 31, 2023, and December 31, 2022, we recognized $ 5 million, $ 3 million, and $ 4 million, respectively, of interest income related to these receivables. Our ownership interest in these unconsolidated hospitality ventures varies from 20 % to 50 %. </context>
us-gaap:EquityMethodInvestmentOwnershipPercentage
—During the year ended December 31, 2024, we repurchased 3,629,480 shares of Class B common stock at a weighted-average price of $ 154.66 per share, for an aggregate purchase price of approximately $ 561 million. The shares of Class B common stock were repurchased in privately negotiated transactions from a limited liability company owned directly and indirectly by trusts for the benefit of certain Pritzker family members, a private foundation affiliated with certain Pritzker family members, and a charitable trust affiliated with certain Pritzker family members, and were retired, thereby reducing the shares of Class B common stock authorized and outstanding by the repurchased share amount.
text
3629480
sharesItemType
text: <entity> 3629480 </entity> <entity type> sharesItemType </entity type> <context> —During the year ended December 31, 2024, we repurchased 3,629,480 shares of Class B common stock at a weighted-average price of $ 154.66 per share, for an aggregate purchase price of approximately $ 561 million. The shares of Class B common stock were repurchased in privately negotiated transactions from a limited liability company owned directly and indirectly by trusts for the benefit of certain Pritzker family members, a private foundation affiliated with certain Pritzker family members, and a charitable trust affiliated with certain Pritzker family members, and were retired, thereby reducing the shares of Class B common stock authorized and outstanding by the repurchased share amount. </context>
us-gaap:StockRepurchasedAndRetiredDuringPeriodShares
—During the year ended December 31, 2022, we contributed $ 5 million to the Hyatt Hotels Foundation. The charitable contribution was recognized in general and administrative expenses on our consolidated statements of income.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> —During the year ended December 31, 2022, we contributed $ 5 million to the Hyatt Hotels Foundation. The charitable contribution was recognized in general and administrative expenses on our consolidated statements of income. </context>
us-gaap:NoncashContributionExpense
During the year ended December 31, 2022, we recognized $ 39 million of restructuring expenses for severance costs related to the planned future redevelopment of an owned hotel, net of $ 10 million reimbursed by the developer.
text
39
monetaryItemType
text: <entity> 39 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2022, we recognized $ 39 million of restructuring expenses for severance costs related to the planned future redevelopment of an owned hotel, net of $ 10 million reimbursed by the developer. </context>
us-gaap:RestructuringCharges
On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized.
text
427
monetaryItemType
text: <entity> 427 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized. </context>
us-gaap:BusinessCombinationConsiderationTransferred1
On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized.
text
478
monetaryItemType
text: <entity> 478 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized. </context>
us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized.
text
51
monetaryItemType
text: <entity> 51 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized. </context>
us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized.
text
19
monetaryItemType
text: <entity> 19 </entity> <entity type> monetaryItemType </entity type> <context> On January 2, 2024, the Company completed its previously announced acquisition of all issued and outstanding shares of Corvus Insurance Holdings, Inc. and its subsidiaries (Corvus), a cyber insurance managing general underwriter, for consideration transferred of approximately $ 427 million. The acquisition provides the Company the opportunity to renew Corvus’s book of business and to leverage Corvus’s capabilities to enhance the return profile of Travelers’ existing cyber portfolio. At the acquisition date, the Company recorded at fair value $ 478 million of assets acquired and $ 51 million of liabilities assumed as part of purchase accounting, including $ 390 million of identifiable intangible assets and goodwill. The assets acquired from Corvus were included in the Company’s Bond & Specialty Insurance segment, effective at the acquisition date. The Company funded this transaction from internal resources. A provisional amount of $ 19 million was recorded as a deferred tax asset and included on the consolidated balance sheet on January 2, 2024, and was later increased by an insignificant amount when the 2023 tax return for Corvus was finalized. </context>
us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssets
Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time.
text
182
monetaryItemType
text: <entity> 182 </entity> <entity type> monetaryItemType </entity type> <context> Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time. </context>
us-gaap:LossContingencyUndiscountedAmountOfInsuranceRelatedAssessmentLiability
Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time.
text
183
monetaryItemType
text: <entity> 183 </entity> <entity type> monetaryItemType </entity type> <context> Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time. </context>
us-gaap:LossContingencyUndiscountedAmountOfInsuranceRelatedAssessmentLiability
Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time.
text
29
monetaryItemType
text: <entity> 29 </entity> <entity type> monetaryItemType </entity type> <context> Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time. </context>
us-gaap:LossContingencyReceivable
Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time.
text
26
monetaryItemType
text: <entity> 26 </entity> <entity type> monetaryItemType </entity type> <context> Included in other liabilities in the consolidated balance sheet is the Company’s estimate of its liability for guaranty fund and other insurance-related assessments. The liability for expected state guaranty fund and other premium-based assessments is recognized as the Company writes or becomes obligated to write or renew the premiums on which the assessments are expected to be based.  The liability for loss-based assessments is recognized as the related losses are incurred. At December 31, 2024 and 2023, the Company had a liability of $ 182 million and $ 183 million, respectively, for guaranty fund and other insurance-related assessments and related recoverables of $ 29 million and $ 26 million, respectively. The liability for such assessments and the related recoverables are not discounted for the time value of money. The loss-based assessments are expected to be paid over a period ranging from one year to the life expectancy of certain workers’ compensation claimants and the recoveries are expected to occur over the same period of time. </context>
us-gaap:LossContingencyReceivable
Bond & Specialty Insurance’s surety business in Brazil is conducted through Junto Holding Brasil S.A. (Junto). The Company owns 49.5 % of Junto, a market leader in surety coverages in Brazil. This joint venture investment is accounted for using the equity method and is included in “other investments” on the consolidated balance sheet.
text
49.5
percentItemType
text: <entity> 49.5 </entity> <entity type> percentItemType </entity type> <context> Bond & Specialty Insurance’s surety business in Brazil is conducted through Junto Holding Brasil S.A. (Junto). The Company owns 49.5 % of Junto, a market leader in surety coverages in Brazil. This joint venture investment is accounted for using the equity method and is included in “other investments” on the consolidated balance sheet. </context>
us-gaap:EquityMethodInvestmentOwnershipPercentage
The accounting policies used to prepare the segment reporting data for the Company’s three reportable business segments are the same as those described in the Summary of Significant Accounting Policies in note 1.
text
three
integerItemType
text: <entity> three </entity> <entity type> integerItemType </entity type> <context> The accounting policies used to prepare the segment reporting data for the Company’s three reportable business segments are the same as those described in the Summary of Significant Accounting Policies in note 1. </context>
us-gaap:NumberOfReportableSegments
Pre-refunded bonds of $ 572 million and $ 966 million at December 31, 2024 and 2023, respectively, were bonds for which U.S. states or municipalities have established irrevocable trusts that are almost exclusively comprised of U.S. Treasury securities and obligations of U.S. government and government agencies and authorities. These trusts were created to fund the payment of principal and interest due under the bonds.
text
572
monetaryItemType
text: <entity> 572 </entity> <entity type> monetaryItemType </entity type> <context> Pre-refunded bonds of $ 572 million and $ 966 million at December 31, 2024 and 2023, respectively, were bonds for which U.S. states or municipalities have established irrevocable trusts that are almost exclusively comprised of U.S. Treasury securities and obligations of U.S. government and government agencies and authorities. These trusts were created to fund the payment of principal and interest due under the bonds. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
Pre-refunded bonds of $ 572 million and $ 966 million at December 31, 2024 and 2023, respectively, were bonds for which U.S. states or municipalities have established irrevocable trusts that are almost exclusively comprised of U.S. Treasury securities and obligations of U.S. government and government agencies and authorities. These trusts were created to fund the payment of principal and interest due under the bonds.
text
966
monetaryItemType
text: <entity> 966 </entity> <entity type> monetaryItemType </entity type> <context> Pre-refunded bonds of $ 572 million and $ 966 million at December 31, 2024 and 2023, respectively, were bonds for which U.S. states or municipalities have established irrevocable trusts that are almost exclusively comprised of U.S. Treasury securities and obligations of U.S. government and government agencies and authorities. These trusts were created to fund the payment of principal and interest due under the bonds. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
12.61
monetaryItemType
text: <entity> 12.61 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
7.82
monetaryItemType
text: <entity> 7.82 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
9.93
monetaryItemType
text: <entity> 9.93 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
6.23
monetaryItemType
text: <entity> 6.23 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
2.68
monetaryItemType
text: <entity> 2.68 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
1.59
monetaryItemType
text: <entity> 1.59 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
1.53
monetaryItemType
text: <entity> 1.53 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023.
text
1.07
monetaryItemType
text: <entity> 1.07 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s fixed maturity investment portfolio at December 31, 2024 and 2023 included $ 12.61 billion and $ 7.82 billion, respectively, of residential mortgage-backed securities, which include pass-through securities and collateralized mortgage obligations (CMOs).  Included in the totals at December 31, 2024 and 2023 were $ 9.93 billion and $ 6.23 billion, respectively, of GNMA, FNMA, FHLMC (excluding FHA project loans) and Canadian government guaranteed residential mortgage-backed pass-through securities classified as available for sale.  Also included in those totals were residential CMOs classified as available for sale with a fair value of $ 2.68 billion and $ 1.59 billion at December 31, 2024 and 2023, respectively. Approximately 43 % and 33 % of the Company’s CMO holdings at December 31, 2024 and 2023, respectively, were guaranteed by or fully collateralized by securities issued by GNMA, FNMA or FHLMC.  The weighted average credit rating of the $ 1.53 billion and $ 1.07 billion of non-guaranteed CMO holdings was "Aaa" at both December 31, 2024 and 2023. The weighted average credit rating of all of the above securities was “Aaa/Aa1” at both December 31, 2024 and 2023. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively.
text
1.15
monetaryItemType
text: <entity> 1.15 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively.
text
1.04
monetaryItemType
text: <entity> 1.04 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively.
text
327
monetaryItemType
text: <entity> 327 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively.
text
116
monetaryItemType
text: <entity> 116 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively.
text
825
monetaryItemType
text: <entity> 825 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively.
text
922
monetaryItemType
text: <entity> 922 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company held commercial mortgage-backed securities (CMBS, including FHA project loans) of $ 1.15 billion and $ 1.04 billion, respectively, which are included in “Corporate and all other bonds” in the tables above.  At December 31, 2024 and 2023, approximately $ 327 million and $ 116 million of these securities, respectively, or the loans backing such securities, contained guarantees by the U.S. government or a government-sponsored enterprise.  The weighted average credit rating of the $ 825 million and $ 922 million of non-guaranteed securities at December 31, 2024 and 2023, respectively, was “Aaa” at both dates.  The CMBS portfolio is supported by loans that are diversified across economic sectors and geographical areas. The weighted average credit rating of the CMBS portfolio was "Aaa/Aa1" and “Aaa” at December 31, 2024 and 2023, respectively. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
At December 31, 2024 and 2023, the Company had $ 586 million and $ 421 million, respectively, of securities on loan as part of a tri-party lending agreement.
text
586
monetaryItemType
text: <entity> 586 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company had $ 586 million and $ 421 million, respectively, of securities on loan as part of a tri-party lending agreement. </context>
us-gaap:SecuritiesLoaned
At December 31, 2024 and 2023, the Company had $ 586 million and $ 421 million, respectively, of securities on loan as part of a tri-party lending agreement.
text
421
monetaryItemType
text: <entity> 421 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company had $ 586 million and $ 421 million, respectively, of securities on loan as part of a tri-party lending agreement. </context>
us-gaap:SecuritiesLoaned
Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date.
text
1.63
monetaryItemType
text: <entity> 1.63 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date. </context>
us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date.
text
4.98
monetaryItemType
text: <entity> 4.98 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date. </context>
us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date.
text
5.66
monetaryItemType
text: <entity> 5.66 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date. </context>
us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date.
text
2
monetaryItemType
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date. </context>
us-gaap:DebtSecuritiesAvailableForSaleRealizedGain
Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date.
text
26
monetaryItemType
text: <entity> 26 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date. </context>
us-gaap:DebtSecuritiesAvailableForSaleRealizedGain
Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date.
text
27
monetaryItemType
text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of fixed maturities classified as available for sale were $ 1.63 billion, $ 4.98 billion and $ 5.66 billion in 2024, 2023 and 2022, respectively. Gross gains of $ 2 million, $ 26 million and $ 27 million and gross losses of $ 62 million, $ 119 million and $ 99 million were realized on those sales in 2024, 2023 and 2022, respectively. Included in net realized investment losses in 2024, 2023 and 2022 were $ 66 million, $ 0 million and $ 0 million , respectively, of losses resulting from the early redemption of fixed maturities by the issuer prior to the bonds' maturity date. </context>
us-gaap:DebtSecuritiesAvailableForSaleRealizedGain
At December 31, 2024 and 2023, the Company’s insurance subsidiaries had $ 3.96 billion and $ 4.04 billion, respectively, of securities on deposit at financial institutions in certain states pursuant to the respective states’ insurance regulatory requirements.  Funds deposited with third parties to be used as collateral to secure various liabilities on behalf of insureds, cedants and other creditors had a fair value of $ 46 million and $ 54 million at December 31, 2024 and 2023, respectively.  In addition, the Company utilizes Lloyd’s trust deposits, whereby owned securities with a fair value of approximately $ 13 million
text
3.96
monetaryItemType
text: <entity> 3.96 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company’s insurance subsidiaries had $ 3.96 billion and $ 4.04 billion, respectively, of securities on deposit at financial institutions in certain states pursuant to the respective states’ insurance regulatory requirements.  Funds deposited with third parties to be used as collateral to secure various liabilities on behalf of insureds, cedants and other creditors had a fair value of $ 46 million and $ 54 million at December 31, 2024 and 2023, respectively.  In addition, the Company utilizes Lloyd’s trust deposits, whereby owned securities with a fair value of approximately $ 13 million </context>
us-gaap:AssetsHeldByInsuranceRegulators
At December 31, 2024 and 2023, the Company’s insurance subsidiaries had $ 3.96 billion and $ 4.04 billion, respectively, of securities on deposit at financial institutions in certain states pursuant to the respective states’ insurance regulatory requirements.  Funds deposited with third parties to be used as collateral to secure various liabilities on behalf of insureds, cedants and other creditors had a fair value of $ 46 million and $ 54 million at December 31, 2024 and 2023, respectively.  In addition, the Company utilizes Lloyd’s trust deposits, whereby owned securities with a fair value of approximately $ 13 million
text
4.04
monetaryItemType
text: <entity> 4.04 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024 and 2023, the Company’s insurance subsidiaries had $ 3.96 billion and $ 4.04 billion, respectively, of securities on deposit at financial institutions in certain states pursuant to the respective states’ insurance regulatory requirements.  Funds deposited with third parties to be used as collateral to secure various liabilities on behalf of insureds, cedants and other creditors had a fair value of $ 46 million and $ 54 million at December 31, 2024 and 2023, respectively.  In addition, the Company utilizes Lloyd’s trust deposits, whereby owned securities with a fair value of approximately $ 13 million </context>
us-gaap:AssetsHeldByInsuranceRegulators
The Company recognized $ 89 million and $ 16 million of net gains on equity securities still held as of December 31, 2024 and 2023, respectively.
text
89
monetaryItemType
text: <entity> 89 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognized $ 89 million and $ 16 million of net gains on equity securities still held as of December 31, 2024 and 2023, respectively. </context>
us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss
The Company recognized $ 89 million and $ 16 million of net gains on equity securities still held as of December 31, 2024 and 2023, respectively.
text
16
monetaryItemType
text: <entity> 16 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognized $ 89 million and $ 16 million of net gains on equity securities still held as of December 31, 2024 and 2023, respectively. </context>
us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
64
monetaryItemType
text: <entity> 64 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:ProceedsFromSaleOfRealEstateHeldforinvestment
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
0 million
monetaryItemType
text: <entity> 0 million </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:ProceedsFromSaleOfRealEstateHeldforinvestment
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
10
monetaryItemType
text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:ProceedsFromSaleOfRealEstateHeldforinvestment
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
17
monetaryItemType
text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:GainsLossesOnSalesOfInvestmentRealEstate
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
4
monetaryItemType
text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:GainsLossesOnSalesOfInvestmentRealEstate
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:ImpairmentOfRealEstate
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:ImpairmentOfRealEstate
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
12
monetaryItemType
text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:ImpairmentOfRealEstate
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
581
monetaryItemType
text: <entity> 581 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation
Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively.
text
556
monetaryItemType
text: <entity> 556 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds from the sales of real estate investments were $ 64 million in 2024, $ 0 million in 2023 and $ 10 million in 2022. Gains of $ 17 million and $ 4 million were realized on those sales in 2024 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of impairment charges related to real estate. Accumulated depreciation on real estate held for investment purposes was $ 581 million and $ 556 million at December 31, 2024 and 2023, respectively. </context>
us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation
Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter.
text
118
monetaryItemType
text: <entity> 118 </entity> <entity type> monetaryItemType </entity type> <context> Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter. </context>
us-gaap:LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter.
text
107
monetaryItemType
text: <entity> 107 </entity> <entity type> monetaryItemType </entity type> <context> Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter. </context>
us-gaap:LessorOperatingLeasePaymentsToBeReceivedTwoYears
Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter.
text
93
monetaryItemType
text: <entity> 93 </entity> <entity type> monetaryItemType </entity type> <context> Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter. </context>
us-gaap:LessorOperatingLeasePaymentsToBeReceivedThreeYears
Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter.
text
72
monetaryItemType
text: <entity> 72 </entity> <entity type> monetaryItemType </entity type> <context> Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter. </context>
us-gaap:LessorOperatingLeasePaymentsToBeReceivedFourYears
Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter.
text
46
monetaryItemType
text: <entity> 46 </entity> <entity type> monetaryItemType </entity type> <context> Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter. </context>
us-gaap:LessorOperatingLeasePaymentsToBeReceivedFiveYears
Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter.
text
87
monetaryItemType
text: <entity> 87 </entity> <entity type> monetaryItemType </entity type> <context> Future minimum rental income on operating leases relating to the Company’s real estate properties is expected to be $ 118 million, $ 107 million, $ 93 million, $ 72 million and $ 46 million for 2025, 2026, 2027, 2028 and 2029, respectively, and $ 87 million for 2030 and thereafter. </context>
us-gaap:LessorOperatingLeasePaymentsToBeReceivedThereafter
The Company’s short-term securities consist of Aaa-rated registered money market funds, U.S. Treasury securities, high-quality commercial paper (primarily A1/P1) and high-quality corporate securities purchased within a year to their maturity with a combined average of 23 days to maturity at December 31, 2024.  The amortized cost of these securities, which totaled $ 4.77 billion and $ 5.14 billion at December 31, 2024 and 2023, respectively, approximated their fair value.
text
4.77
monetaryItemType
text: <entity> 4.77 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s short-term securities consist of Aaa-rated registered money market funds, U.S. Treasury securities, high-quality commercial paper (primarily A1/P1) and high-quality corporate securities purchased within a year to their maturity with a combined average of 23 days to maturity at December 31, 2024.  The amortized cost of these securities, which totaled $ 4.77 billion and $ 5.14 billion at December 31, 2024 and 2023, respectively, approximated their fair value. </context>
us-gaap:OtherShortTermInvestments
The Company’s short-term securities consist of Aaa-rated registered money market funds, U.S. Treasury securities, high-quality commercial paper (primarily A1/P1) and high-quality corporate securities purchased within a year to their maturity with a combined average of 23 days to maturity at December 31, 2024.  The amortized cost of these securities, which totaled $ 4.77 billion and $ 5.14 billion at December 31, 2024 and 2023, respectively, approximated their fair value.
text
5.14
monetaryItemType
text: <entity> 5.14 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s short-term securities consist of Aaa-rated registered money market funds, U.S. Treasury securities, high-quality commercial paper (primarily A1/P1) and high-quality corporate securities purchased within a year to their maturity with a combined average of 23 days to maturity at December 31, 2024.  The amortized cost of these securities, which totaled $ 4.77 billion and $ 5.14 billion at December 31, 2024 and 2023, respectively, approximated their fair value. </context>
us-gaap:OtherShortTermInvestments
Total net impairment charges, including credit impairments, reported in net realized investment losses in the consolidated statement of income, were $ 10 million, $ 12 million and $ 38 million for the years ended December 31, 2024, 2023 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of realized losses related to real estate. Credit losses related to the fixed maturity portfolio for 2024 and 2023 represented less than 1 % of the fixed maturity portfolio on a pre-tax basis and less than 1 % of shareholders’ equity on an after-tax basis at both December 31, 2024 and 2023.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Total net impairment charges, including credit impairments, reported in net realized investment losses in the consolidated statement of income, were $ 10 million, $ 12 million and $ 38 million for the years ended December 31, 2024, 2023 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of realized losses related to real estate. Credit losses related to the fixed maturity portfolio for 2024 and 2023 represented less than 1 % of the fixed maturity portfolio on a pre-tax basis and less than 1 % of shareholders’ equity on an after-tax basis at both December 31, 2024 and 2023. </context>
us-gaap:ImpairmentOfRealEstate
Total net impairment charges, including credit impairments, reported in net realized investment losses in the consolidated statement of income, were $ 10 million, $ 12 million and $ 38 million for the years ended December 31, 2024, 2023 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of realized losses related to real estate. Credit losses related to the fixed maturity portfolio for 2024 and 2023 represented less than 1 % of the fixed maturity portfolio on a pre-tax basis and less than 1 % of shareholders’ equity on an after-tax basis at both December 31, 2024 and 2023.
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Total net impairment charges, including credit impairments, reported in net realized investment losses in the consolidated statement of income, were $ 10 million, $ 12 million and $ 38 million for the years ended December 31, 2024, 2023 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of realized losses related to real estate. Credit losses related to the fixed maturity portfolio for 2024 and 2023 represented less than 1 % of the fixed maturity portfolio on a pre-tax basis and less than 1 % of shareholders’ equity on an after-tax basis at both December 31, 2024 and 2023. </context>
us-gaap:ImpairmentOfRealEstate
Total net impairment charges, including credit impairments, reported in net realized investment losses in the consolidated statement of income, were $ 10 million, $ 12 million and $ 38 million for the years ended December 31, 2024, 2023 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of realized losses related to real estate. Credit losses related to the fixed maturity portfolio for 2024 and 2023 represented less than 1 % of the fixed maturity portfolio on a pre-tax basis and less than 1 % of shareholders’ equity on an after-tax basis at both December 31, 2024 and 2023.
text
12
monetaryItemType
text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Total net impairment charges, including credit impairments, reported in net realized investment losses in the consolidated statement of income, were $ 10 million, $ 12 million and $ 38 million for the years ended December 31, 2024, 2023 and 2022, respectively. Net realized investment losses in 2024, 2023 and 2022 included $ 5 million, $ 9 million and $ 12 million, respectively, of realized losses related to real estate. Credit losses related to the fixed maturity portfolio for 2024 and 2023 represented less than 1 % of the fixed maturity portfolio on a pre-tax basis and less than 1 % of shareholders’ equity on an after-tax basis at both December 31, 2024 and 2023. </context>
us-gaap:ImpairmentOfRealEstate
Included in fixed maturities are below investment grade securities totaling $ 980 million and $ 982 million at December 31, 2024 and 2023, respectively. The Company defines its below investment grade securities as those securities rated below investment grade by external rating agencies, or the equivalent by the Company when a public rating does not exist.  Such securities include below investment grade bonds that are publicly traded and certain other privately issued bonds that are classified as below investment grade loans.
text
980
monetaryItemType
text: <entity> 980 </entity> <entity type> monetaryItemType </entity type> <context> Included in fixed maturities are below investment grade securities totaling $ 980 million and $ 982 million at December 31, 2024 and 2023, respectively. The Company defines its below investment grade securities as those securities rated below investment grade by external rating agencies, or the equivalent by the Company when a public rating does not exist.  Such securities include below investment grade bonds that are publicly traded and certain other privately issued bonds that are classified as below investment grade loans. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
Included in fixed maturities are below investment grade securities totaling $ 980 million and $ 982 million at December 31, 2024 and 2023, respectively. The Company defines its below investment grade securities as those securities rated below investment grade by external rating agencies, or the equivalent by the Company when a public rating does not exist.  Such securities include below investment grade bonds that are publicly traded and certain other privately issued bonds that are classified as below investment grade loans.
text
982
monetaryItemType
text: <entity> 982 </entity> <entity type> monetaryItemType </entity type> <context> Included in fixed maturities are below investment grade securities totaling $ 980 million and $ 982 million at December 31, 2024 and 2023, respectively. The Company defines its below investment grade securities as those securities rated below investment grade by external rating agencies, or the equivalent by the Company when a public rating does not exist.  Such securities include below investment grade bonds that are publicly traded and certain other privately issued bonds that are classified as below investment grade loans. </context>
us-gaap:AvailableForSaleSecuritiesDebtSecurities
The Company holds investments in various publicly-traded securities which are reported in other investments.  These investments include mutual funds and other small holdings.  The $ 20 million and $ 18 million fair value of these investments at December 31, 2024 and 2023, respectively, was disclosed in Level 1.
text
20
monetaryItemType
text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> The Company holds investments in various publicly-traded securities which are reported in other investments.  These investments include mutual funds and other small holdings.  The $ 20 million and $ 18 million fair value of these investments at December 31, 2024 and 2023, respectively, was disclosed in Level 1. </context>
us-gaap:InvestmentsFairValueDisclosure
The Company holds investments in various publicly-traded securities which are reported in other investments.  These investments include mutual funds and other small holdings.  The $ 20 million and $ 18 million fair value of these investments at December 31, 2024 and 2023, respectively, was disclosed in Level 1.
text
18
monetaryItemType
text: <entity> 18 </entity> <entity type> monetaryItemType </entity type> <context> The Company holds investments in various publicly-traded securities which are reported in other investments.  These investments include mutual funds and other small holdings.  The $ 20 million and $ 18 million fair value of these investments at December 31, 2024 and 2023, respectively, was disclosed in Level 1. </context>
us-gaap:InvestmentsFairValueDisclosure
Transfers out of Level 3 during the year ended December 31, 2023 included $ 182 million of privately held common stock that the Company exchanged during the first quarter of 2023 for shares in an investment that is reported using the equity method of accounting (and as a result is excluded from the December 31, 2023 table above), and $ 151 million of common stock in a company that had been privately held but became publicly traded during the second quarter of 2023, valued using an unadjusted quoted market price and now disclosed in Level 1. There was no other significant activity in Level 3 of the hierarchy during the year ended December 31, 2023.
text
182
monetaryItemType
text: <entity> 182 </entity> <entity type> monetaryItemType </entity type> <context> Transfers out of Level 3 during the year ended December 31, 2023 included $ 182 million of privately held common stock that the Company exchanged during the first quarter of 2023 for shares in an investment that is reported using the equity method of accounting (and as a result is excluded from the December 31, 2023 table above), and $ 151 million of common stock in a company that had been privately held but became publicly traded during the second quarter of 2023, valued using an unadjusted quoted market price and now disclosed in Level 1. There was no other significant activity in Level 3 of the hierarchy during the year ended December 31, 2023. </context>
us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
Transfers out of Level 3 during the year ended December 31, 2023 included $ 182 million of privately held common stock that the Company exchanged during the first quarter of 2023 for shares in an investment that is reported using the equity method of accounting (and as a result is excluded from the December 31, 2023 table above), and $ 151 million of common stock in a company that had been privately held but became publicly traded during the second quarter of 2023, valued using an unadjusted quoted market price and now disclosed in Level 1. There was no other significant activity in Level 3 of the hierarchy during the year ended December 31, 2023.
text
151
monetaryItemType
text: <entity> 151 </entity> <entity type> monetaryItemType </entity type> <context> Transfers out of Level 3 during the year ended December 31, 2023 included $ 182 million of privately held common stock that the Company exchanged during the first quarter of 2023 for shares in an investment that is reported using the equity method of accounting (and as a result is excluded from the December 31, 2023 table above), and $ 151 million of common stock in a company that had been privately held but became publicly traded during the second quarter of 2023, valued using an unadjusted quoted market price and now disclosed in Level 1. There was no other significant activity in Level 3 of the hierarchy during the year ended December 31, 2023. </context>
us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements.
text
5.79
monetaryItemType
text: <entity> 5.79 </entity> <entity type> monetaryItemType </entity type> <context> Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements. </context>
us-gaap:ReinsuranceRecoverablesGross
Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements.
text
88
percentItemType
text: <entity> 88 </entity> <entity type> percentItemType </entity type> <context> Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements. </context>
us-gaap:ConcentrationRiskPercentage1
Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements.
text
94
percentItemType
text: <entity> 94 </entity> <entity type> percentItemType </entity type> <context> Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements. </context>
us-gaap:ConcentrationRiskPercentage1
Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements.
text
12
percentItemType
text: <entity> 12 </entity> <entity type> percentItemType </entity type> <context> Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements. </context>
us-gaap:ConcentrationRiskPercentage1
Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements.
text
6
percentItemType
text: <entity> 6 </entity> <entity type> percentItemType </entity type> <context> Of the total reinsurance recoverables at December 31, 2024, $ 5.79 billion, or 88 %, were rated by A.M. Best Company, after deducting mandatory pools and associations and before allowances for estimated uncollectible reinsurance.  The Company utilizes updated A.M. Best credit ratings on a quarterly basis when determining the allowance. Of the total rated by A.M. Best Company, 94 % were rated A- or better. The remaining 12 % of reinsurance recoverables were comprised of the following: 6 % related to captive insurance companies and 6 % were balances from other companies not rated by A.M. Best Company.  Certain of the Company’s reinsurance recoverables are collateralized by letters of credit, funds held or trust agreements. </context>
us-gaap:ConcentrationRiskPercentage1
Goodwill at December 31, 2024 included $ 284 million associated with the acquisition of Corvus in the first quarter of 2024, which is primarily attributable to Corvus’s cyber underwriting and support capabilities and workforce and is not deductible for tax purposes.
text
284
monetaryItemType
text: <entity> 284 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill at December 31, 2024 included $ 284 million associated with the acquisition of Corvus in the first quarter of 2024, which is primarily attributable to Corvus’s cyber underwriting and support capabilities and workforce and is not deductible for tax purposes. </context>
us-gaap:Goodwill
Goodwill at December 31, 2024 included $ 284 million associated with the acquisition of Corvus in the first quarter of 2024, which is primarily attributable to Corvus’s cyber underwriting and support capabilities and workforce and is not deductible for tax purposes.
text
not
monetaryItemType
text: <entity> not </entity> <entity type> monetaryItemType </entity type> <context> Goodwill at December 31, 2024 included $ 284 million associated with the acquisition of Corvus in the first quarter of 2024, which is primarily attributable to Corvus’s cyber underwriting and support capabilities and workforce and is not deductible for tax purposes. </context>
us-gaap:BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
Customer-related intangibles of $ 87 million were recorded in connection with the acquisition of Corvus in the first quarter of 2024. The customer-related intangible assets include Corvus’s broker and policyholder relationships and were valued using the excess earnings method income approach, a valuation technique that provides an estimate of fair value based on the cash flows that the asset can be expected to generate over its remaining useful life. Broker relationships represent the relationships Corvus has with its existing brokers through which new business is placed with policyholders. Policyholder relationships represent the renewal of existing policies. Significant inputs to the fair valuation include estimates of revenue growth, broker retention rates, policyholder attrition rates and weighted average cost of capital.
text
87
monetaryItemType
text: <entity> 87 </entity> <entity type> monetaryItemType </entity type> <context> Customer-related intangibles of $ 87 million were recorded in connection with the acquisition of Corvus in the first quarter of 2024. The customer-related intangible assets include Corvus’s broker and policyholder relationships and were valued using the excess earnings method income approach, a valuation technique that provides an estimate of fair value based on the cash flows that the asset can be expected to generate over its remaining useful life. Broker relationships represent the relationships Corvus has with its existing brokers through which new business is placed with policyholders. Policyholder relationships represent the renewal of existing policies. Significant inputs to the fair valuation include estimates of revenue growth, broker retention rates, policyholder attrition rates and weighted average cost of capital. </context>
us-gaap:FinitelivedIntangibleAssetsAcquired1
Marketing-related intangibles of $ 18 million were recorded in connection with the acquisition of Corvus in the first quarter of 2024. The marketing-related intangible assets include trade names and a non-compete agreement. The trade names were valued using a relief from royalty method, a valuation technique which estimates the fair value of an asset based on the present value of the royalties saved because the company owns the asset. Significant inputs to the fair valuation include estimates of future revenue, appropriate rates of return associated with certain assets and weighted average cost of capital. The fair value of the non-compete agreement is based on an estimate of the income that would be lost if the agreement were not in place and the individual chose to compete. Significant inputs to the fair valuation include estimates of projected cash flows and weighted average cost of capital.
text
18
monetaryItemType
text: <entity> 18 </entity> <entity type> monetaryItemType </entity type> <context> Marketing-related intangibles of $ 18 million were recorded in connection with the acquisition of Corvus in the first quarter of 2024. The marketing-related intangible assets include trade names and a non-compete agreement. The trade names were valued using a relief from royalty method, a valuation technique which estimates the fair value of an asset based on the present value of the royalties saved because the company owns the asset. Significant inputs to the fair valuation include estimates of future revenue, appropriate rates of return associated with certain assets and weighted average cost of capital. The fair value of the non-compete agreement is based on an estimate of the income that would be lost if the agreement were not in place and the individual chose to compete. Significant inputs to the fair valuation include estimates of projected cash flows and weighted average cost of capital. </context>
us-gaap:FinitelivedIntangibleAssetsAcquired1
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
21
monetaryItemType
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:AmortizationOfIntangibleAssets
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
12
monetaryItemType
text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:AmortizationOfIntangibleAssets
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
13
monetaryItemType
text: <entity> 13 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:AmortizationOfIntangibleAssets
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
21
monetaryItemType
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
20
monetaryItemType
text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
17
monetaryItemType
text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029.
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Amortization expense of intangible assets was $ 21 million, $ 12 million and $ 13 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense for all intangible assets subject to amortization is estimated to be $ 21 million in 2025, $ 20 million in 2026, $ 17 million in 2027, $ 9 million in 2028 and $ 9 million in 2029. Amortization expense for intangible assets arising from insurance contracts acquired in a business combination is estimated to be $ 2 million in 2025, $ 1 million in 2026, $ 1 million in 2027, $ 1 million in 2028 and $ 1 million in 2029. </context>
us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFive