Financials
Insurance - Property & Casualty
$31.04B
18.7K
Key insights and themes extracted from this filing
The 10-Q shows net income available to common stockholders increased to $748 million compared to $530 million in the prior year. This increase is attributed to higher net investment income and underwriting gain.
Earned premiums increased to $5,446 million compared to $5,063 million in the prior year. This growth is driven by both Commercial Lines and Personal Lines segments.
The company reports net realized gains of $28 million compared to net realized losses of $7 million in the prior year. This swing contributes to the overall improvement in net income.