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