Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Assets:
Cash and cash equivalents	$ 1,121	$ 1,225
Investments:
Fixed maturities, available for sale at fair value (amortized cost — $10,573 and $10,752; allowance for expected credit losses of $10 and $12)	10,196	10,377
Fixed maturities, trading at fair value	65	57
Equity securities, at fair value	1,077	1,018
Investments accounted for using the equity method	1,882	1,814
Mortgage loans	773	643
Real estate and other investments	147	129
Total cash and investments	15,261	15,263
Recoverables from reinsurers	4,157	4,477
Prepaid reinsurance premiums	1,143	961
Agents’ balances and premiums receivable	1,909	1,471
Deferred policy acquisition costs	328	309
Assets of managed investment entities	4,695	4,484
Other receivables	758	1,171
Other assets	1,357	1,346
Goodwill	305	305
Total assets	29,913	29,787
Liabilities and Equity:
Unearned premiums	3,816	3,451
Payable to reinsurers	1,176	1,186
Liabilities of managed investment entities	4,536	4,307
Long-term debt	1,475	1,475
Other liabilities	1,919	2,023
Total liabilities	25,529	25,529
Shareholders’ equity:
Common Stock, no par value — 200,000,000 shares authorized — 83,897,267 and 83,635,807 shares outstanding	84	84
Capital surplus	1,392	1,372
Retained earnings	3,239	3,121
Accumulated other comprehensive income (loss), net of tax	(331)	(319)
Total shareholders’ equity	4,384	4,258
Total liabilities and shareholders’ equity	29,913	29,787
Property and casualty insurance
Liabilities and Equity:
Unpaid losses and loss adjustment expenses	$ 12,607	$ 13,087	$ 11,925	$ 11,974