(U.S. $ in Millions) |
|
Year Ended
December 31, 2024 |
Year Ended
December 31, 2023 |
U.S. GAAP Basis: | |||
Total Assets | $ 21,374 | $ 20,961 | |
Total Equity | 6,395 | 5,963 | |
Gross Premiums Written | 6,568 | 6,587 | |
Net Income | 1,080 | 982 | |
Combined Ratio | 90.6% | 93.9% | |
Change in Equity 1 | 18.4% | 19.8% |
U.S. Statutory Basis | |||
Statutory Surplus | $ 5,334 | $ 4,977 | |
Net Premiums Written to Statutory Surplus | 1.1 : 1 | 1.2 : 1 | |
1 Excludes the impact on equity of dividends and capital items. |
Gross Premiums Written
$6,568 Million for the Year Ended December 31, 2024
Gross Premiums Written by Major Class
$6,568 Million for the Year Ended December 31, 2024
Gross Premiums Written by US/Non-US
$6,568 Million for the Year Ended December 31, 2024
Gross Premiums Written by Brand
$6,568 Million for the Year Ended December 31, 2024
Investment Portfolio
Total Investments & Cash of $16 Billion at December 31, 2024
- High-quality portfolio with ample liquidity
- 93% of fixed income securities rated investment grade