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Consolidated Statements Of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Net premiums written $ 10,710 $ 9,189
Increase in unearned premiums (568) (452)
Net premiums earned 10,142 8,737
Net investment income 1,107 822
Net realized gains (losses) (77) 23
Market risk benefits gains (losses) (115) 49
Total revenues 11,057 9,631
Expenses    
Losses and loss expenses 5,148 4,564
Policy benefits (includes remeasurement gains (losses) of $1 and $(5)) 797 373
Policy acquisition costs 1,948 1,719
Administrative expenses 930 778
Interest expense 160 132
Other (income) expense (296) (312)
Amortization of purchased intangibles 72 71
Cigna integration expenses 22 0
Total expenses 8,781 7,325
Income before income tax 2,276 2,306
Income tax expense 384 353
Net income 1,892 1,953
Other comprehensive income (loss):    
Change in unrealized depreciation 1,786 (4,652)
Current discount rate on future policy benefits (151) 435
Instrument-specific credit risk on market risk benefits (3) 23
Cumulative foreign currency translation adjustment (177) 67
Other, including postretirement benefit liability adjustment (33) 19
Other comprehensive income (loss), before income tax 1,422 (4,108)
Income tax (expense) benefit related to OCI items (132) 779
Other comprehensive income (loss) 1,290 (3,329)
Comprehensive income (loss) $ 3,182 $ (1,376)
Earnings per share    
Basic earnings per share $ 4.57 $ 4.59
Diluted earnings per share $ 4.53 $ 4.55