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Schedule III
 12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
Schedule III
Supplementary Insurance Information

Schedule III
At December 31, 2025, 2024
Segment (in millions)
Deferred Policy
Acquisition Costs
Liability for Unpaid
Losses and Loss
Adjustment Expenses,
Future Policy Benefits		Unearned
Premiums		Policy and
Contract Claims
2025
North America Commercial$454 $39,171 $6,185 $— 
International Commercial582 18,208 6,313 — 
Global Personal1,069 7,908 5,350 — 
Other Operations(a)
1 6,764 143 — 
$2,106 $72,051 $17,991 $— 
2024
North America Commercial$379 $39,619 $5,936 $— 
International Commercial718 16,208 5,773 — 
Global Personal1,063 7,899 5,340 — 
Other Operations(a)
(95)6,759 183 31 
$2,065 $70,485 $17,232 $31 

For the years ended December 31, 2025, 2024, and 2023
Segment (in millions)
PremiumsNet
Investment
Income		Losses and
Loss Expenses
Incurred		Amortization of
Deferred Policy
Acquisition Costs		Other
Operating
Expenses
Net
Premiums
Written
2025
North America Commercial$8,626 $
(b)
$5,466 $862 $1,154 $8,759 
International Commercial8,580 
(b)
4,781 1,088 1,593 8,663 
Global Personal6,472 
(b)
3,721 1,407 1,274 6,253 
Other Operations(a)
73 782 194 14 1,032 (2)
$23,751 $4,215 $14,162 $3,371 $5,053 $23,673 
2024
North America Commercial$8,172 $
(b)
$5,713 $824 $1,087 $8,452 
International Commercial8,145 
(b)
4,463 1,018 1,437 8,364 
Global Personal7,140 
(b)
3,862 1,571 1,565 7,086 
Other Operations(a)
80 1,195 529 12 1,440 — 
$23,537 $4,255 $14,567 $3,425 $5,529 $23,902 
2023
North America Commercial$10,233 $
(b)
$6,323 $1,371 $1,184 $11,432 
International Commercial7,964 
(b)
4,641 943 1,378 8,168 
Global Personal6,894 
(b)
3,811 1,309 1,782 7,119 
Other Operations(a)
473 424 618 148 1,055 487 
$25,564 $3,446 $15,393 $3,771 $5,399 $27,206 
(a)Includes consolidation and elimination entries and reconciling items from adjusted pre-tax income to pre-tax income. See Note 3 to the Consolidated Financial Statements.
(b)North America Commercial, International Commercial and Global Personal does not include Net investment income as the investment portfolio results are managed at the General Insurance level. Net investment income for General Insurance were $3,433 million, $3,060 million and $3,022 million for the years ended December 31, 2025, 2024 and 2023, respectively.