|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |  |  |  |  |

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|  |  |  |  |  |

----

|                                                                        |      |  |  |  |  |
|------------------------------------------------------------------------|------|--|--|--|--|
|                                                                        | Page |
| Consolidated Results                                                   |      |
| Statements of Operations                                               | 1    |
| Components of Income (Loss), Per Share Data and Return on Equity       | 2    |
|                                                                        |      |
| Selected Balance Sheet Data and Statements of Cash Flows Data          | 3    |
|                                                                        |      |
| Results of Operations                                                  |      |
| Property & Casualty                                                | 4    |
| Specialty                                                              | 5    |
| Commercial                                                             | 6    |
| International                                                          | 7    |
| Life & Group                                                       | 8    |
|                                                                        |      |
| Corporate & Other                                                  | 9    |
| Investment Information                                                 |      |
| Investment Summary - Consolidated                                      | 10   |
| Investment Summary - Property & Casualty and Corporate & Other | 11   |
| Investment Summary - Life & Group                                  | 12   |
| Investments - Fixed Maturity Securities by Credit Rating               | 13   |
| Investments - Commercial Real Estate Exposure                          | 14   |
| Components of Net Investment Income                                    | 15   |
| Net Investment Gains (Losses)                                          | 16   |
| Other                                                                  |      |
| Claim & Claim Adjustment Expense Reserve Rollforward               | 17   |
| Life & Group Reserves Rollforward                                  | 18   |
|                                                                        |      |
| Definitions and Presentation                                           | 19   |

----

|                                                                                                              |              |           |          |             |          |      |               |       |         |             |             |        |           |             |       |   |           |  |   |          |  |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------------------------------------------------|--------------|-----------|----------|-------------|----------|------|---------------|-------|---------|-------------|-------------|--------|-----------|-------------|-------|---|-----------|--|---|----------|--|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                                                                   | Three Months |           |          | Nine Months |          |
| (In millions)                                                                                                | 2023         |           | 2022 (1) |             | Change   |      |               | 2023  |         | 2022 (1)    |             | Change |           |
| Revenues:                                                                                                |              |           |          |             |          |      |               |       |         |             |             |        |           |
| Net earned premiums                                                                                          | $            | 2,406     |          | $           | 2,221    |      | 8        |       | %       |             | $           | 7,001  |           | $           | 6,435 |   | 9    |  | % |
| Net investment income                                                                                        | 553          |           | 422      |             | 31  |      |               |       | 1,653   |             | 1,302       |        | 27   |             |       |
| Net investment (losses) gains                                                                                | (38)         |           | (96)     |             |          |      |               | (105) |         | (166)       |             |        |           |
| Non-insurance warranty revenue                                                                               | 407          |           | 399      |             |          |      |               | 1,221 |         | 1,173       |             |        |           |
| Other revenues                                                                                               | 8            |           | 11       |             |          |      |               | 22    |         | 24          |             |        |           |
| Total revenues                                                                                               | 3,336   |           |          | 2,957  |          |      | 13       |       |         |             | 9,792  |        |           | 8,768  |       |   | 12   |  |   |
| Claims, Benefits and Expenses:                                                                           |              |           |          |             |          |      |               |       |         |             |             |        |           |
| Insurance claims and policyholders' benefits (re-measurement gain (loss) of $(41), $(211), $(75) and $(205)) | 1,826        |           | 1,880    |             |          |      |               | 5,258 |         | 4,959       |             |        |           |
| Amortization of deferred acquisition costs                                                                   | 426          |           | 383      |             |          |      |               | 1,208 |         | 1,101       |             |        |           |
| Non-insurance warranty expense                                                                               | 386          |           | 371      |             |          |      |               | 1,154 |         | 1,092       |             |        |           |
| Other operating expenses                                                                                     | 338          |           | 346      |             |          |      |               | 1,021 |         | 1,001       |             |        |           |
| Interest                                                                                                     | 34           |           | 28       |             |          |      |               | 93    |         | 84          |             |        |           |
| Total claims, benefits and expenses                                                                          | 3,010   |           |          | 3,008  |          |      | —  |       |         |             | 8,734  |        |           | 8,237  |       |   | (6)       |  |   |
| Income (loss) before income tax                                                                              | 326     |           |          | (51)        |          |      |               |       |         | 1,058  |             |        | 531  |             |       |   |           |
| Income tax (expense) benefit                                                                                 | (68)         |           |          | 9      |          |      |               |       |         | (220)       |             |        | (88)      |             |       |   |           |
| Net income (loss)                                                                                            | $            | 258  |          |             | $        | (42) |               |       | N/M | %           |             | $      | 838  |             |       | $ | 443  |  |   | 89  |  | % |

----

|                                                                        |              |            |          |             |   |            |  |             |  |   |             |  |   |   |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|------------------------------------------------------------------------|--------------|------------|----------|-------------|---|------------|--|-------------|--|---|-------------|--|---|---|------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                             | Three Months |            |          | Nine Months |   |
| (In millions, except per share data)                                   | 2023         |            | 2022 (1) |             |   | 2023       |  | 2022 (1)    |  |
| Components of Income (Loss)                                            |              |            |          |             |   |            |  |             |  |
| Core income (loss)                                                     | $            | 289   |          |             | $ | 43    |  |             |  | $ | 922    |  |   | $ | 571   |  |  |
| Net investment gains (losses)                                          | (31)         |            |          | (85)        |   |            |  | (84)        |  |   | (128)       |  |   |
| Net income (loss)                                                      | $            | 258   |          |             | $ | (42)       |  |             |  | $ | 838    |  |   | $ | 443   |  |  |
|                                                                        |              |            |          |             |   |            |  |             |  |
| Diluted Earnings (Loss) Per Common Share                               |              |            |          |             |   |            |  |             |  |
| Core income (loss)                                                     | $            | 1.06  |          |             | $ | 0.16  |  |             |  | $ | 3.39   |  |   | $ | 2.10  |  |  |
| Net investment gains (losses)                                          | (0.11)       |            |          | (0.31)      |   |            |  | (0.31)      |  |   | (0.47)      |  |   |
| Diluted earnings (loss) per share                                      | $            | 0.95  |          |             | $ | (0.15)     |  |             |  | $ | 3.08   |  |   | $ | 1.63  |  |  |
|                                                                        |              |            |          |             |   |            |  |             |  |
| Weighted Average Outstanding Common Stock and Common Stock Equivalents |              |            |          |             |   |            |  |             |  |
| Basic                                                                  | 271.2   |            |          | 271.4  |   |            |  | 271.2  |  |   | 271.7  |  |   |
| Diluted                                                                | 272.3   |            |          | 272.3  |   |            |  | 272.2  |  |   | 272.6  |  |   |
|                                                                        |              |            |          |             |   |            |  |             |  |
| Return on Equity                                                       |              |            |          |             |   |            |  |             |  |
| Net income (loss) (2)                                                  | 11.9    |            | %        | (2.0)       |   | %          |  | 13.1   |  | % | 6.2    |  | % |
| Core income (loss) (3)                                                 | 9.4     |            |          | 1.4    |   |            |  | 10.1   |  |   | 6.2    |  |   |

----

|                                                                             |                    |              |                       |              |   |              |  |  |  |  |  |
|-----------------------------------------------------------------------------|--------------------|--------------|-----------------------|--------------|---|--------------|--|--|--|--|--|
| (In millions, except per share data)                                        | September 30, 2023 |              | December 31, 2022 (1) |
| Total investments                                                           | $                  | 43,647  |                       |              | $ | 43,177  |  |
| Reinsurance receivables, net of allowance for uncollectible receivables     | 5,447         |              |                       | 5,416   |   |
| Total assets                                                                | 61,952        |              |                       | 61,000  |   |
| Insurance reserves:                                                     |                    |              |                       |
|      Claim and claim adjustment expenses (2)       | 22,836        |              |                       | 22,120  |   |
|      Unearned premiums                             | 6,789         |              |                       | 6,374   |   |
|      Future policy benefits (2)                    | 12,654        |              |                       | 13,480  |   |
| Debt                                                                        | 3,273         |              |                       | 2,781   |   |
| Total liabilities                                                           | 53,389        |              |                       | 52,452  |   |
| Accumulated other comprehensive income (loss) (3)                           | (3,741)            |              |                       | (3,598)      |   |
| Total stockholders' equity                                                  | 8,563         |              |                       | 8,548   |   |
|                                                                             |                    |              |                       |
| Book value per common share                                                 | $                  | 31.61   |                       |              | $ | 31.55   |  |
| Book value per common share excluding AOCI                                  | $                  | 45.43   |                       |              | $ | 44.83   |  |
|                                                                             |                    |              |                       |
| Outstanding shares of common stock (in millions of shares)                  | 270.9         |              |                       | 270.9   |   |
|                                                                             |                    |              |                       |
| Statutory capital and surplus - Combined Continental Casualty Companies (4) | $                  | 10,640  |                       |              | $ | 10,572  |  |

|                                                                                 |       |           |      |       |   |           |  |  |  |  |  |
|---------------------------------------------------------------------------------|-------|-----------|------|-------|---|-----------|--|--|--|--|--|
| Three Months Ended September 30                                                 | 2023  |           | 2022 |
| Net cash flows provided (used) by operating activities                          | $     | 828  |      |       | $ | 737  |  |
| Net cash flows provided (used) by investing activities                          | (679) |           |      | (641) |   |
| Net cash flows provided (used) by financing activities                          | (18)  |           |      | (138) |   |
| Net cash flows provided (used) by operating, investing and financing activities | $     | 131  |      |       | $ | (42)      |  |

|                                                                                 |         |             |      |         |   |             |  |  |  |  |  |
|---------------------------------------------------------------------------------|---------|-------------|------|---------|---|-------------|--|--|--|--|--|
| Nine Months Ended September 30                                                  | 2023    |             | 2022 |
| Net cash flows provided (used) by operating activities                          | $       | 1,765  |      |         | $ | 1,990  |  |
| Net cash flows provided (used) by investing activities                          | (1,537) |             |      | (1,072) |   |
| Net cash flows provided (used) by financing activities                          | (218)   |             |      | (924)   |   |
| Net cash flows provided (used) by operating, investing and financing activities | $       | 10     |      |         | $ | (6)         |  |

----

|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |              |  |   |               |              |     |  |          |  |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------|--------------|-------------|------|-------------|--------|-------------|---------------|------|----------|-------------|---------------|--------|-------------|--------------|--|---|---------------|--------------|-----|--|----------|--|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                              | Three Months |             |      | Nine Months |        |
| (In millions)                                                           | 2023         |             | 2022 |             | Change |             |               | 2023 |          | 2022        |               | Change |             |
| Gross written premiums                                                  | $            | 3,424  |      |             | $      | 3,365  |               |      | 2   |             | %             |        | $           | 10,953  |  |   | $             | 10,497  |     |  | 4   |  | % |
| Gross written premiums ex. 3rd party captives                           | 2,595   |             |      | 2,430  |        |             | 7        |      |          |             | 8,305    |        |             | 7,560   |  |   | 10       |              |     |
| Net written premiums                                                    | 2,178   |             |      | 2,060  |        |             | 6        |      |          |             | 6,938    |        |             | 6,379   |  |   | 9        |              |     |
|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Net earned premiums                                                     | 2,295   |             |      | 2,103  |        |             | 9        |      |          |             | 6,662    |        |             | 6,080   |  |   | 10       |              |     |
| Net investment income                                                   | 318     |             |      | 230    |        |             | 38       |      |          |             | 951      |        |             | 692     |  |   | 37       |              |     |
| Non-insurance warranty revenue                                          | 407     |             |      | 399    |        |             |               |      |          | 1,221  |               |        | 1,173  |              |  |   |               |
| Other revenues                                                          | 8       |             |      | 12     |        |             |               |      |          | 22     |               |        | 25     |              |  |   |               |
| Total operating revenues                                                | 3,028   |             |      | 2,744  |        |             | 10       |      |          |             | 8,856    |        |             | 7,970   |  |   | 11       |              |     |
| Insurance claims and policyholders' benefits                            | 1,473   |             |      | 1,368  |        |             |               |      |          | 4,228  |               |        | 3,783  |              |  |   |               |
| Amortization of deferred acquisition costs                              | 426     |             |      | 383    |        |             |               |      |          | 1,208  |               |        | 1,101  |              |  |   |               |
| Non-insurance warranty expense                                          | 386     |             |      | 371    |        |             |               |      |          | 1,154  |               |        | 1,092  |              |  |   |               |
| Other insurance related expenses                                        | 265     |             |      | 268    |        |             |               |      |          | 827    |               |        | 771    |              |  |   |               |
| Other expenses                                                          | 30      |             |      | 29     |        |             |               |      |          | 68     |               |        | 86     |              |  |   |               |
| Total claims, benefits and expenses                                     | 2,580   |             |      | 2,419  |        |             | (7)           |      |          |             | 7,485    |        |             | 6,833   |  |   | (10)          |              |     |
| Core income (loss) before income tax                                    | 448     |             |      | 325    |        |             |               |      |          | 1,371  |               |        | 1,137  |              |  |   |               |
| Income tax (expense) benefit on core income (loss)                      | (97)         |             |      | (65)        |        |             |               |      |          | (300)       |               |        | (239)       |              |  |   |               |
| Core income (loss)                                                      | $            | 351    |      |             | $      | 260    |               |      | 35  |             | %             |        | $           | 1,071   |  |   | $             | 898     |     |  | 19  |  | % |
|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Other Performance Metrics                                               |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Underwriting gain (loss)                                                | $            | 131    |      |             | $      | 84     |               |      | 56  |             | %             |        | $           | 399     |  |   | $             | 425     |     |  | (6)      |  | % |
|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Loss & LAE ratio                                                    | 63.9    |             | %    | 64.6   |        | %           | 0.7      |      | pts      |             | 63.1     |        | %           | 61.9    |  | % | (1.2)         |              | pts |
| Expense ratio                                                           | 30.1    |             |      | 30.8   |        |             | 0.7      |      |          |             | 30.6     |        |             | 30.8    |  |   | 0.2      |              |     |
| Dividend ratio                                                          | 0.3     |             |      | 0.4    |        |             | 0.1      |      |          |             | 0.3      |        |             | 0.3     |  |   | —  |              |     |
| Combined ratio                                                          | 94.3    |             | %    | 95.8   |        | %           | 1.5      |      | pts      |             | 94.0     |        | %           | 93.0    |  | % | (1.0)         |              | pts |
| Combined ratio excluding catastrophes and development                   | 90.4    |             | %    | 91.1   |        | %           | 0.7      |      | pts      |             | 90.8     |        | %           | 91.1    |  | % | 0.3      |              | pts |
|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Net accident year catastrophe losses incurred                           | $            | 94     |      |             | $      | 114    |               |      |          |             |               | $      | 214    |              |  | $ | 171      |              |     |  |          |
| Effect on loss & LAE ratio                                          | 4.1     |             | %    | 5.5    |        | %           | 1.4      |      | pts      |             | 3.2      |        | %           | 2.8     |  | % | (0.4)         |              | pts |
|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Net prior year development and other: (favorable) / unfavorable | $            | (5)         |      |             | $      | (15)        |               |      |          |             |               | $      | 4      |              |  | $ | (56)          |              |     |  |          |
| Effect on loss & LAE ratio                                          | (0.2)        |             | %    | (0.8)       |        | %           | (0.6)         |      | pts      |             | —  |        | %           | (0.9)        |  | % | (0.9)         |              | pts |
|                                                                         |              |             |      |             |        |             |               |      |          |             |               |        |             |
| Rate                                                                    | 5       |             | %    | 5      |        | %           | —  |      | pts      |             | 5        |        | %           | 6       |  | % | (1)           |              | pts |
| Renewal premium change                                                  | 6       |             | %    | 8      |        | %           | (2)           |      | pts      |             | 7        |        | %           | 8       |  | % | (1)           |              | pts |
| Retention                                                               | 84      |             | %    | 86     |        | %           | (2)           |      | pts      |             | 85       |        | %           | 85      |  | % | —  |              | pts |
| New business                                                            | $            | 475    |      |             | $      | 455    |               |      | 4   |             | %             |        | $           | 1,533   |  |   | $             | 1,406   |     |  | 9   |  | % |

----

|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |             |  |   |               |             |     |  |         |  |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------|---------------|---------------|------|-------------|--------|-------------|---------------|------|----------|---------------|---------------|--------|---------------|-------------|--|---|---------------|-------------|-----|--|---------|--|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                              | Three Months  |               |      | Nine Months |        |
| (In millions)                                                           | 2023          |               | 2022 |             | Change |             |               | 2023 |          | 2022          |               | Change |               |
| Gross written premiums                                                  | $             | 1,775    |      |             | $      | 1,890  |               |      | (6)      |               | %             |        | $             | 5,324  |  |   | $             | 5,640  |     |  | (6)     |  | % |
| Gross written premiums ex. 3rd party captives                           | 949      |               |      | 958    |        |             | (1)           |      |          |               | 2,796    |        |               | 2,816  |  |   | (1)           |             |     |
| Net written premiums                                                    | 825      |               |      | 840    |        |             | (2)           |      |          |               | 2,438    |        |               | 2,443  |  |   | —  |             |     |
|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Net earned premiums                                                     | 829      |               |      | 810    |        |             | 2        |      |          |               | 2,438    |        |               | 2,376  |  |   | 3        |             |     |
| Net investment income                                                   | 136      |               |      | 102    |        |             | 33       |      |          |               | 407      |        |               | 305    |  |   | 33       |             |     |
| Non-insurance warranty revenue                                          | 407      |               |      | 399    |        |             |               |      |          | 1,221    |               |        | 1,173    |             |  |   |               |
| Other revenues                                                          | —  |               |      | (1)         |        |             |               |      |          | —  |               |        | —  |             |  |   |               |
| Total operating revenues                                                | 1,372    |               |      | 1,310  |        |             | 5        |      |          |               | 4,066    |        |               | 3,854  |  |   | 6        |             |     |
| Insurance claims and policyholders' benefits                            | 482      |               |      | 461    |        |             |               |      |          | 1,424    |               |        | 1,365    |             |  |   |               |
| Amortization of deferred acquisition costs                              | 175      |               |      | 169    |        |             |               |      |          | 508      |               |        | 488      |             |  |   |               |
| Non-insurance warranty expense                                          | 386      |               |      | 371    |        |             |               |      |          | 1,154    |               |        | 1,092    |             |  |   |               |
| Other insurance related expenses                                        | 89       |               |      | 88     |        |             |               |      |          | 269      |               |        | 250      |             |  |   |               |
| Other expenses                                                          | 13       |               |      | 15     |        |             |               |      |          | 39       |               |        | 40       |             |  |   |               |
| Total claims, benefits and expenses                                     | 1,145    |               |      | 1,104  |        |             | (4)           |      |          |               | 3,394    |        |               | 3,235  |  |   | (5)           |             |     |
| Core income (loss) before income tax                                    | 227      |               |      | 206    |        |             |               |      |          | 672      |               |        | 619      |             |  |   |               |
| Income tax (expense) benefit on core income (loss)                      | (49)          |               |      | (45)        |        |             |               |      |          | (146)         |               |        | (134)         |             |  |   |               |
| Core income (loss)                                                      | $             | 178      |      |             | $      | 161    |               |      | 11  |               | %             |        | $             | 526    |  |   | $             | 485    |     |  | 8  |  | % |
|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Other Performance Metrics                                               |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Underwriting gain (loss)                                                | $             | 83       |      |             | $      | 92     |               |      | (10)     |               | %             |        | $             | 237    |  |   | $             | 273    |     |  | (13)    |  | % |
|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Loss & LAE ratio                                                    | 58.0     |               | %    | 56.7   |        | %           | (1.3)         |      | pts      |               | 58.2     |        | %             | 57.3   |  | % | (0.9)         |             | pts |
| Expense ratio                                                           | 31.8     |               |      | 31.7   |        |             | (0.1)         |      |          |               | 31.9     |        |               | 31.0   |  |   | (0.9)         |             |     |
| Dividend ratio                                                          | 0.3      |               |      | 0.3    |        |             | —  |      |          |               | 0.2      |        |               | 0.2    |  |   | —  |             |     |
| Combined ratio                                                          | 90.1     |               | %    | 88.7   |        | %           | (1.4)         |      | pts      |               | 90.3     |        | %             | 88.5   |  | % | (1.8)         |             | pts |
| Combined ratio excluding catastrophes and development                   | 90.7     |               | %    | 90.4   |        | %           | (0.3)         |      | pts      |               | 90.6     |        | %             | 89.8   |  | % | (0.8)         |             | pts |
|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Net accident year catastrophe losses incurred                           | $             | —  |      |             | $      | 1      |               |      |          |               |               | $      | —  |             |  | $ | 2        |             |     |  |         |
| Effect on loss & LAE ratio                                          | —  |               | %    | 0.2    |        | %           | 0.2      |      | pts      |               | —  |        | %             | 0.1    |  | % | 0.1      |             | pts |
|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Net prior year development and other: (favorable) / unfavorable | $             | (5)           |      |             | $      | (15)        |               |      |          |               |               | $      | (7)           |             |  | $ | (35)          |             |     |  |         |
| Effect on loss & LAE ratio                                          | (0.6)         |               | %    | (1.9)       |        | %           | (1.3)         |      | pts      |               | (0.3)         |        | %             | (1.4)       |  | % | (1.1)         |             | pts |
|                                                                         |               |               |      |             |        |             |               |      |          |               |               |        |               |
| Rate                                                                    | 1        |               | %    | 5      |        | %           | (4)           |      | pts      |               | 1        |        | %             | 7      |  | % | (6)           |             | pts |
| Renewal premium change                                                  | 2        |               | %    | 6      |        | %           | (4)           |      | pts      |               | 2        |        | %             | 8      |  | % | (6)           |             | pts |
| Retention                                                               | 87       |               | %    | 88     |        | %           | (1)           |      | pts      |               | 88       |        | %             | 86     |  | % | 2        |             | pts |
| New business                                                            | $             | 121      |      |             | $      | 130    |               |      | (7)      |               | %             |        | $             | 349    |  |   | $             | 407    |     |  | (14)    |  | % |

----

|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |             |  |   |               |             |     |  |          |  |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------|---------------|---------------|------|---------------|--------|---------------|---------------|------|-----------|-------------|-------------|--------|-------------|-------------|--|---|---------------|-------------|-----|--|----------|--|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                              | Three Months  |               |      | Nine Months   |        |
| (In millions)                                                           | 2023          |               | 2022 |               | Change |               |               | 2023 |           | 2022        |             | Change |             |
| Gross written premiums                                                  | $             | 1,343    |      |               | $      | 1,187    |               |      | 13   |             | %           |        | $           | 4,504  |  |   | $             | 3,824  |     |  | 18  |  | % |
| Gross written premiums ex. 3rd party captives                           | 1,340    |               |      | 1,184    |        |               | 13       |      |           |             | 4,384  |        |             | 3,711  |  |   | 18       |             |     |
| Net written premiums                                                    | 1,071    |               |      | 962      |        |               | 11       |      |           |             | 3,588  |        |             | 3,097  |  |   | 16       |             |     |
|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Net earned premiums                                                     | 1,170    |               |      | 1,023    |        |               | 14       |      |           |             | 3,336  |        |             | 2,901  |  |   | 15       |             |     |
| Net investment income                                                   | 156      |               |      | 112      |        |               | 39       |      |           |             | 470    |        |             | 343    |  |   | 37       |             |     |
| Other revenues                                                          | 9        |               |      | 13       |        |               |               |      |           | 22     |             |        | 25     |             |  |   |               |
| Total operating revenues                                                | 1,335    |               |      | 1,148    |        |               | 16       |      |           |             | 3,828  |        |             | 3,269  |  |   | 17       |             |     |
| Insurance claims and policyholders' benefits                            | 813      |               |      | 738      |        |               |               |      |           | 2,252  |             |        | 1,931  |             |  |   |               |
| Amortization of deferred acquisition costs                              | 188      |               |      | 163      |        |               |               |      |           | 532    |             |        | 467    |             |  |   |               |
| Other insurance related expenses                                        | 156      |               |      | 145      |        |               |               |      |           | 456    |             |        | 409    |             |  |   |               |
| Other expenses                                                          | 11       |               |      | 3        |        |               |               |      |           | 27     |             |        | 21     |             |  |   |               |
| Total claims, benefits and expenses                                     | 1,168    |               |      | 1,049    |        |               | (11)          |      |           |             | 3,267  |        |             | 2,828  |  |   | (16)          |             |     |
| Core income (loss) before income tax                                    | 167      |               |      | 99       |        |               |               |      |           | 561    |             |        | 441    |             |  |   |               |
| Income tax (expense) benefit on core income (loss)                      | (34)          |               |      | (19)          |        |               |               |      |           | (118)       |             |        | (91)        |             |  |   |               |
| Core income (loss)                                                      | $             | 133      |      |               | $      | 80       |               |      | 66   |             | %           |        | $           | 443    |  |   | $             | 350    |     |  | 27  |  | % |
|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Other Performance Metrics                                               |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Underwriting gain (loss)                                                | $             | 13       |      |               | $      | (23)          |               |      | 157  |             | %           |        | $           | 96     |  |   | $             | 94     |     |  | 2   |  | % |
|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Loss & LAE ratio                                                    | 68.9     |               | %    | 71.5     |        | %             | 2.6      |      | pts       |             | 67.0   |        | %           | 66.0   |  | % | (1.0)         |             | pts |
| Expense ratio                                                           | 29.5     |               |      | 29.9     |        |               | 0.4      |      |           |             | 29.6   |        |             | 30.1   |  |   | 0.5      |             |     |
| Dividend ratio                                                          | 0.5      |               |      | 0.5      |        |               | —  |      |           |             | 0.5    |        |             | 0.5    |  |   | —  |             |     |
| Combined ratio                                                          | 98.9     |               | %    | 101.9    |        | %             | 3.0      |      | pts       |             | 97.1   |        | %           | 96.6   |  | % | (0.5)         |             | pts |
| Combined ratio excluding catastrophes and development                   | 91.5     |               | %    | 91.9     |        | %             | 0.4      |      | pts       |             | 91.6   |        | %           | 92.1   |  | % | 0.5      |             | pts |
|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Net accident year catastrophe losses incurred                           | $             | 87       |      |               | $      | 103      |               |      |           |             |             | $      | 190    |             |  | $ | 148      |             |     |  |          |
| Effect on loss & LAE ratio                                          | 7.4      |               | %    | 10.0     |        | %             | 2.6      |      | pts       |             | 5.7    |        | %           | 5.0    |  | % | (0.7)         |             | pts |
|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Net prior year development and other: (favorable) / unfavorable | $             | —  |      |               | $      | —  |               |      |           |             |             | $      | (4)         |             |  | $ | (16)          |             |     |  |          |
| Effect on loss & LAE ratio                                          | —  |               | %    | —  |        | %             | —  |      | pts       |             | (0.2)       |        | %           | (0.5)       |  | % | (0.3)         |             | pts |
|                                                                         |               |               |      |               |        |               |               |      |           |             |             |        |             |
| Rate                                                                    | 8        |               | %    | 4        |        | %             | 4        |      | pts       |             | 8      |        | %           | 5      |  | % | 3        |             | pts |
| Renewal premium change                                                  | 9        |               | %    | 7        |        | %             | 2        |      | pts       |             | 10     |        | %           | 8      |  | % | 2        |             | pts |
| Retention                                                               | 83       |               | %    | 86       |        | %             | (3)           |      | pts       |             | 85     |        | %           | 86     |  | % | (1)           |             | pts |
| New business                                                            | $             | 292      |      |               | $      | 246      |               |      | 19   |             | %           |        | $           | 945    |  |   | $             | 754    |     |  | 25  |  | % |

----

|                                                                         |               |               |      |               |        |               |               |      |           |               |               |        |               |               |  |   |               |             |     |  |          |  |   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------|---------------|---------------|------|---------------|--------|---------------|---------------|------|-----------|---------------|---------------|--------|---------------|---------------|--|---|---------------|-------------|-----|--|----------|--|---|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                              | Three Months  |               |      | Nine Months   |        |
| (In millions)                                                           | 2023          |               | 2022 |               | Change |               |               | 2023 |           | 2022          |               | Change |               |
| Gross written premiums                                                  | $             | 306      |      |               | $      | 288      |               |      | 6    |               | %             |        | $             | 1,125    |  |   | $             | 1,033  |     |  | 9   |  | % |
| Net written premiums                                                    | 282      |               |      | 258      |        |               | 9        |      |           |               | 912      |        |               | 839      |  |   | 9        |             |     |
| Net earned premiums                                                     | 296      |               |      | 270      |        |               | 10       |      |           |               | 888      |        |               | 803      |  |   | 11       |             |     |
| Net investment income                                                   | 26       |               |      | 16       |        |               | 63       |      |           |               | 74       |        |               | 44       |  |   | 68       |             |     |
| Other revenues                                                          | (1)           |               |      | —  |        |               |               |      |           | —  |               |        | —  |               |  |   |               |
| Total operating revenues                                                | 321      |               |      | 286      |        |               | 12       |      |           |               | 962      |        |               | 847      |  |   | 14       |             |     |
| Insurance claims and policyholders' benefits                            | 178      |               |      | 169      |        |               |               |      |           | 552      |               |        | 487      |               |  |   |               |
| Amortization of deferred acquisition costs                              | 63       |               |      | 51       |        |               |               |      |           | 168      |               |        | 146      |               |  |   |               |
| Other insurance related expenses                                        | 20       |               |      | 35       |        |               |               |      |           | 102      |               |        | 112      |               |  |   |               |
| Other expenses                                                          | 6        |               |      | 11       |        |               |               |      |           | 2        |               |        | 25       |               |  |   |               |
| Total claims, benefits and expenses                                     | 267      |               |      | 266      |        |               | —  |      |           |               | 824      |        |               | 770      |  |   | (7)           |             |     |
| Core income (loss) before income tax                                    | 54       |               |      | 20       |        |               |               |      |           | 138      |               |        | 77       |               |  |   |               |
| Income tax (expense) benefit on core income (loss)                      | (14)          |               |      | (1)           |        |               |               |      |           | (36)          |               |        | (14)          |               |  |   |               |
| Core income (loss)                                                      | $             | 40       |      |               | $      | 19       |               |      | 111  |               | %             |        | $             | 102      |  |   | $             | 63     |     |  | 62  |  | % |
|                                                                         |               |               |      |               |        |               |               |      |           |               |               |        |               |
| Other Performance Metrics                                               |               |               |      |               |        |               |               |      |           |               |               |        |               |
| Underwriting gain (loss)                                                | $             | 35       |      |               | $      | 15       |               |      | 133  |               | %             |        | $             | 66       |  |   | $             | 58     |     |  | 14  |  | % |
|                                                                         |               |               |      |               |        |               |               |      |           |               |               |        |               |
| Loss & LAE ratio                                                    | 60.2     |               | %    | 62.7     |        | %             | 2.5      |      | pts       |               | 62.2     |        | %             | 60.7     |  | % | (1.5)         |             | pts |
| Expense ratio                                                           | 28.1     |               |      | 31.7     |        |               | 3.6      |      |           |               | 30.3     |        |               | 32.1     |  |   | 1.8      |             |     |
| Dividend ratio                                                          | —  |               |      | —  |        |               | —  |      |           |               | —  |        |               | —  |  |   | —  |             |     |
| Combined ratio                                                          | 88.3     |               | %    | 94.4     |        | %             | 6.1      |      | pts       |               | 92.5     |        | %             | 92.8     |  | % | 0.3      |             | pts |
| Combined ratio excluding catastrophes and development                   | 86.0     |               | %    | 90.3     |        | %             | 4.3      |      | pts       |               | 88.1     |        | %             | 90.7     |  | % | 2.6      |             | pts |
|                                                                         |               |               |      |               |        |               |               |      |           |               |               |        |               |
| Net accident year catastrophe losses incurred                           | $             | 7        |      |               | $      | 10       |               |      |           |               |               | $      | 24       |               |  | $ | 21       |             |     |  |          |
| Effect on loss & LAE ratio                                          | 2.3      |               | %    | 4.1      |        | %             | 1.8      |      | pts       |               | 2.7      |        | %             | 2.7      |  | % | —  |             | pts |
|                                                                         |               |               |      |               |        |               |               |      |           |               |               |        |               |
| Net prior year development and other: (favorable) / unfavorable | $             | —  |      |               | $      | —  |               |      |           |               |               | $      | 15       |               |  | $ | (5)           |             |     |  |          |
| Effect on loss & LAE ratio                                          | —  |               | %    | —  |        | %             | —  |      | pts       |               | 1.7      |        | %             | (0.6)         |  | % | (2.3)         |             | pts |
|                                                                         |               |               |      |               |        |               |               |      |           |               |               |        |               |
| Rate                                                                    | 2        |               | %    | 6        |        | %             | (4)           |      | pts       |               | 4        |        | %             | 7        |  | % | (3)           |             | pts |
| Renewal premium change                                                  | 7        |               | %    | 15       |        | %             | (8)           |      | pts       |               | 7        |        | %             | 11       |  | % | (4)           |             | pts |
| Retention                                                               | 84       |               | %    | 83       |        | %             | 1        |      | pts       |               | 83       |        | %             | 79       |  | % | 4        |             | pts |
| New business                                                            | $             | 62       |      |               | $      | 79       |               |      | (22)      |               | %             |        | $             | 239      |  |   | $             | 245    |     |  | (2)      |  | % |

----

|                                                    |               |           |          |               |   |           |  |               |  |   |               |  |  |   |           |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------|---------------|-----------|----------|---------------|---|-----------|--|---------------|--|---|---------------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                         | Three Months  |           |          | Nine Months   |
| (In millions)                                      | 2023          |           | 2022 (1) |               |   | 2023      |  | 2022 (1)      |
| Net earned premiums                                | $             | 112  |          |               | $ | 118  |  |               |  | $ | 340      |  |  | $ | 356  |  |
| Net investment income                              | 216      |           |          | 187      |   |           |  | 659      |  |   | 600      |  |
| Other revenues                                     | —  |           |          | —  |   |           |  | —  |  |   | —  |  |
| Total operating revenues                           | 328      |           |          | 305      |   |           |  | 999      |  |   | 956      |  |
| Insurance claims and policyholders' benefits       | 343      |           |          | 525      |   |           |  | 998      |  |   | 1,140    |  |
| Other insurance related expenses                   | 29       |           |          | 29       |   |           |  | 89       |  |   | 89       |  |
| Other expenses                                     | (1)           |           |          | 2        |   |           |  | —  |  |   | 7        |  |
| Total claims, benefits and expenses                | 371      |           |          | 556      |   |           |  | 1,087    |  |   | 1,236    |  |
| Core income (loss) before income tax               | (43)          |           |          | (251)         |   |           |  | (88)          |  |   | (280)         |  |
| Income tax (expense) benefit on core income (loss) | 14       |           |          | 59       |   |           |  | 36       |  |   | 84       |  |
| Core income (loss)                                 | $             | (29)      |          |               | $ | (192)     |  |               |  | $ | (52)          |  |  | $ | (196)     |  |

----

|                                                    |               |      |      |               |   |               |  |               |  |   |           |  |  |   |       |  |  |  |  |  |  |  |  |  |  |  |
|----------------------------------------------------|---------------|------|------|---------------|---|---------------|--|---------------|--|---|-----------|--|--|---|-------|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                         | Three Months  |      |      | Nine Months   |
| (In millions)                                      | 2023          |      | 2022 |               |   | 2023          |  | 2022          |
| Net earned premiums                                | $             | (1)  |      |               | $ | —  |  |               |  | $ | (1)       |  |  | $ | (1)   |  |
| Net investment income                              | 19       |      |      | 5        |   |               |  | 43       |  |   | 10   |  |
| Other revenues                                     | —  |      |      | (1)           |   |               |  | —  |  |   | (1)       |  |
| Total operating revenues                           | 18       |      |      | 4        |   |               |  | 42       |  |   | 8    |  |
| Insurance claims and policyholders' benefits       | 10       |      |      | (13)          |   |               |  | 32       |  |   | 36   |  |
| Other insurance related expenses                   | —  |      |      | —  |   |               |  | 1        |  |   | 3    |  |
| Other expenses                                     | 49       |      |      | 46       |   |               |  | 129      |  |   | 129  |  |
|                                                    |               |      |      |               |   |               |  |               |
|                                                    |               |      |      |               |   |               |  |               |
| Total claims, benefits and expenses                | 59       |      |      | 33       |   |               |  | 162      |  |   | 168  |  |
| Core income (loss) before income tax               | (41)          |      |      | (29)          |   |               |  | (120)         |  |   | (160)     |  |
| Income tax (expense) benefit on core income (loss) | 8        |      |      | 4        |   |               |  | 23       |  |   | 29   |  |
| Core income (loss)                                 | $             | (33) |      |               | $ | (25)          |  |               |  | $ | (97)      |  |  | $ | (131) |  |
|                                                    |               |      |      |               |   |               |  |               |

----

|                                                                   |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |              |         |               |               |   |              |  |  |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------|--------------------|--------------|-------------------------------|---------------|-------------------|-----------|-------------------------------|----------|----------------|---------------|-------------------------------|-------------|--------------|---------|---------------|---------------|---|--------------|--|--|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                   | September 30, 2023 |              | June 30, 2023                 |               | December 31, 2022 |           |
| (In millions)                                                     | Carrying Value     |              | Net Unrealized Gains (Losses) |               | Carrying Value    |           | Net Unrealized Gains (Losses) |          | Carrying Value |               | Net Unrealized Gains (Losses) |             |
| Fixed maturity securities:                                    |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| Corporate and other bonds                                         | $                  | 22,513  |                               |               | $                 | (2,241)   |                               |          | $              | 22,611   |                               |             | $            | (1,570) |               |               | $ | 21,429  |  |  | $ | (1,708) |  |  |
| States, municipalities and political subdivisions:            |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| Tax-exempt                                                        | 3,542              |              | (295)                         |               |                   | 4,225     |                               | 1   |                |               | 4,633                         |             | (45)         |         |               |
| Taxable                                                           | 3,492              |              | (674)                         |               |                   | 3,585     |                               | (453)    |                |               | 3,684                         |             | (556)        |         |               |
| Total states, municipalities and political subdivisions           | 7,034         |              |                               | (969)         |                   |           | 7,810                    |          |                | (452)         |                               |             | 8,317   |         |               | (601)         |   |              |
| Asset-backed:                                                 |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| RMBS                                                              | 2,830         |              |                               | (595)         |                   |           | 2,693                    |          |                | (440)         |                               |             | 2,631   |         |               | (442)         |   |              |
| CMBS                                                              | 1,554         |              |                               | (272)         |                   |           | 1,583                    |          |                | (253)         |                               |             | 1,635   |         |               | (251)         |   |              |
| Other ABS                                                         | 3,118         |              |                               | (359)         |                   |           | 3,248                    |          |                | (321)         |                               |             | 2,927   |         |               | (359)         |   |              |
| Total asset-backed                                                | 7,502         |              |                               | (1,226)       |                   |           | 7,524                    |          |                | (1,014)       |                               |             | 7,193   |         |               | (1,052)       |   |              |
| U.S. Treasury and obligations of government-sponsored enterprises | 149           |              |                               | (1)           |                   |           | 127                      |          |                | (3)           |                               |             | 110     |         |               | (1)           |   |              |
| Foreign government                                                | 658           |              |                               | (55)          |                   |           | 651                      |          |                | (49)          |                               |             | 575     |         |               | (42)          |   |              |
| Redeemable preferred stock                                        | —       |              |                               | —  |                   |           | 5                        |          |                | —  |                               |             | 3       |         |               | —  |   |              |
| Total fixed maturity securities                                   | 37,856        |              |                               | (4,492)       |                   |           | 38,728                   |          |                | (3,088)       |                               |             | 37,627  |         |               | (3,404)       |   |              |
| Equities:                                                     |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| Common stock                                                      | 213           |              |                               | —  |                   |           | 205                      |          |                | —  |                               |             | 185     |         |               | —  |   |              |
| Non-redeemable preferred stock                                    | 479           |              |                               | —  |                   |           | 478                      |          |                | —  |                               |             | 489     |         |               | —  |   |              |
| Total equities                                                    | 692           |              |                               | —  |                   |           | 683                      |          |                | —  |                               |             | 674     |         |               | —  |   |              |
| Limited partnership investments:                              |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| Hedge funds                                                       | 322           |              |                               | —  |                   |           | 331                           |          | —   |               |                               | 456    |              |         | —  |               |   |
| Private equity funds                                              | 1,752         |              |                               | —  |                   |           | 1,689                         |          | —   |               |                               | 1,470  |              |         | —  |               |   |
| Total limited partnership investments                             | 2,074         |              |                               | —  |                   |           | 2,020                    |          |                | —  |                               |             | 1,926   |         |               | —  |   |              |
| Other invested assets                                             | 69            |              |                               | —  |                   |           | 71                       |          |                | —  |                               |             | 78      |         |               | —  |   |              |
| Mortgage loans                                                    | 995           |              |                               | —  |                   |           | 1,009                    |          |                | —  |                               |             | 1,040   |         |               | —  |   |              |
| Short term investments                                            | 1,961         |              |                               | 1        |                   |           | 1,924                    |          |                | (1)           |                               |             | 1,832   |         |               | 1        |   |              |
| Total investments                                                 | $                  | 43,647  |                               |               | $                 | (4,491)   |                               |          | $              | 44,435   |                               |             | $            | (3,089) |               |               | $ | 43,177  |  |  | $ | (3,403) |  |  |
|                                                                   |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| Net receivable/(payable) on investment activity               | $                  | (100)        |                               |               |                   |           | $                             | 41  |                |               |                               |             | $            | 8  |               |               |   |              |
|                                                                   |                    |              |                               |               |                   |           |                               |          |                |               |                               |             |
| Effective duration (in years)                                     | 6.3           |              |                               |               |                   | 6.5  |                               |          |                |               | 6.6                      |             |              |         |               |
| Weighted average rating(1)                                        | A                  |              |                               |               | A                 |           |                               |          | A              |               |                               |             |

----

|                                                                   |                    |              |                               |               |                   |         |                               |          |                |               |                               |           |              |         |               |               |   |              |  |  |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------|--------------------|--------------|-------------------------------|---------------|-------------------|---------|-------------------------------|----------|----------------|---------------|-------------------------------|-----------|--------------|---------|---------------|---------------|---|--------------|--|--|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                   | September 30, 2023 |              | June 30, 2023                 |               | December 31, 2022 |
| (In millions)                                                     | Carrying Value     |              | Net Unrealized Gains (Losses) |               | Carrying Value    |         | Net Unrealized Gains (Losses) |          | Carrying Value |               | Net Unrealized Gains (Losses) |
| Fixed maturity securities:                                    |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| Corporate and other bonds                                         | $                  | 13,814  |                               |               | $                 | (1,386) |                               |          | $              | 13,715   |                               |           | $            | (1,248) |               |               | $ | 13,165  |  |  | $ | (1,260) |  |
| States, municipalities and political subdivisions:            |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| Tax-exempt                                                        | 1,069              |              | (281)                         |               |                   | 1,190   |                               | (190)    |                |               | 1,197                         |           | (211)        |         |
| Taxable                                                           | 1,938              |              | (541)                         |               |                   | 1,954   |                               | (431)    |                |               | 1,986                         |           | (486)        |         |
| Total states, municipalities and political subdivisions           | 3,007         |              |                               | (822)         |                   |         | 3,144                    |          |                | (621)         |                               |           | 3,183   |         |               | (697)         |   |
| Asset-backed:                                                 |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| RMBS                                                              | 2,828         |              |                               | (595)         |                   |         | 2,691                    |          |                | (440)         |                               |           | 2,617   |         |               | (442)         |   |
| CMBS                                                              | 1,525         |              |                               | (269)         |                   |         | 1,554                    |          |                | (250)         |                               |           | 1,606   |         |               | (248)         |   |
| Other ABS                                                         | 2,566         |              |                               | (233)         |                   |         | 2,648                    |          |                | (245)         |                               |           | 2,374   |         |               | (276)         |   |
| Total asset-backed                                                | 6,919         |              |                               | (1,097)       |                   |         | 6,893                    |          |                | (935)         |                               |           | 6,597   |         |               | (966)         |   |
| U.S. Treasury and obligations of government-sponsored enterprises | 148           |              |                               | (1)           |                   |         | 126                      |          |                | (3)           |                               |           | 109     |         |               | (1)           |   |
| Foreign government                                                | 632           |              |                               | (44)          |                   |         | 623                      |          |                | (41)          |                               |           | 546     |         |               | (34)          |   |
| Redeemable preferred stock                                        | —       |              |                               | —  |                   |         | 5                        |          |                | —  |                               |           | 3       |         |               | —  |   |
| Total fixed maturity securities                                   | 24,520        |              |                               | (3,350)       |                   |         | 24,506                   |          |                | (2,848)       |                               |           | 23,603  |         |               | (2,958)       |   |
| Equities:                                                     |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| Common stock                                                      | 213           |              |                               | —  |                   |         | 205                      |          |                | —  |                               |           | 185     |         |               | —  |   |
| Non-redeemable preferred stock                                    | 78            |              |                               | —  |                   |         | 62                       |          |                | —  |                               |           | 73      |         |               | —  |   |
| Total equities                                                    | 291           |              |                               | —  |                   |         | 267                      |          |                | —  |                               |           | 258     |         |               | —  |   |
| Limited partnership investments:                              |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| Hedge funds                                                       | 178           |              |                               | —  |                   |         | 183                           |          | —   |               |                               | 252  |              |         | —  |               |
| Private equity funds                                              | 970           |              |                               | —  |                   |         | 935                           |          | —   |               |                               | 814  |              |         | —  |               |
| Total limited partnership investments                             | 1,148         |              |                               | —  |                   |         | 1,118                    |          |                | —  |                               |           | 1,066   |         |               | —  |   |
| Other invested assets                                             | 69            |              |                               | —  |                   |         | 71                       |          |                | —  |                               |           | 78      |         |               | —  |   |
| Mortgage loans                                                    | 795           |              |                               | —  |                   |         | 808                      |          |                | —  |                               |           | 830     |         |               | —  |   |
| Short term investments                                            | 1,942         |              |                               | 1        |                   |         | 1,875                    |          |                | (1)           |                               |           | 1,772   |         |               | 1        |   |
| Total investments                                                 | $                  | 28,765  |                               |               | $                 | (3,349) |                               |          | $              | 28,645   |                               |           | $            | (2,849) |               |               | $ | 27,607  |  |  | $ | (2,957) |  |
|                                                                   |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| Net receivable/(payable) on investment activity               | $                  | (81)         |                               |               |                   |         | $                             | 37  |                |               |                               |           | $            | (3)     |               |               |   |
|                                                                   |                    |              |                               |               |                   |         |                               |          |                |               |                               |
| Effective duration (in years)                                     | 4.6                |              |                               |               | 4.6               |         |                               |          | 4.7            |               |                               |
| Weighted average rating(1)                                        | A                  |              |                               |               | A                 |         |                               |          | A              |               |                               |

----

|                                                                   |                    |              |                               |               |                   |         |                               |         |                |               |                               |           |               |          |               |               |   |              |  |  |   |       |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------|--------------------|--------------|-------------------------------|---------------|-------------------|---------|-------------------------------|---------|----------------|---------------|-------------------------------|-----------|---------------|----------|---------------|---------------|---|--------------|--|--|---|-------|--|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                                   | September 30, 2023 |              | June 30, 2023                 |               | December 31, 2022 |
| (In millions)                                                     | Carrying Value     |              | Net Unrealized Gains (Losses) |               | Carrying Value    |         | Net Unrealized Gains (Losses) |         | Carrying Value |               | Net Unrealized Gains (Losses) |
| Fixed maturity securities:                                    |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| Corporate and other bonds                                         | $                  | 8,699   |                               |               | $                 | (855)   |                               |         | $              | 8,896    |                               |           | $             | (322)    |               |               | $ | 8,264   |  |  | $ | (448) |  |
| States, municipalities and political subdivisions:            |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| Tax-exempt                                                        | 2,473              |              | (14)                          |               |                   | 3,035   |                               | 191     |                | 3,436         |                               | 166       |
| Taxable                                                           | 1,554              |              | (133)                         |               |                   | 1,631   |                               | (22)    |                |               | 1,698                         |           | (70)          |          |
| Total states, municipalities and political subdivisions           | 4,027         |              |                               | (147)         |                   |         | 4,666                    |         |                | 169      |                               |           | 5,134    |          |               | 96       |   |
| Asset-backed:                                                 |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| RMBS                                                              | 2             |              |                               | —  |                   |         | 2                        |         |                | —  |                               |           | 14       |          |               | —  |   |
| CMBS                                                              | 29            |              |                               | (3)           |                   |         | 29                       |         |                | (3)           |                               |           | 29       |          |               | (3)           |   |
| Other ABS                                                         | 552           |              |                               | (126)         |                   |         | 600                      |         |                | (76)          |                               |           | 553      |          |               | (83)          |   |
| Total asset-backed                                                | 583           |              |                               | (129)         |                   |         | 631                      |         |                | (79)          |                               |           | 596      |          |               | (86)          |   |
| U.S. Treasury and obligations of government-sponsored enterprises | 1             |              |                               | —  |                   |         | 1                        |         |                | —  |                               |           | 1        |          |               | —  |   |
| Foreign government                                                | 26            |              |                               | (11)          |                   |         | 28                       |         |                | (8)           |                               |           | 29       |          |               | (8)           |   |
| Redeemable preferred stock                                        | —       |              |                               | —  |                   |         | —                  |         |                | —  |                               |           | —  |          |               | —  |   |
| Total fixed maturity securities                                   | 13,336        |              |                               | (1,142)       |                   |         | 14,222                   |         |                | (240)         |                               |           | 14,024   |          |               | (446)         |   |
| Equities:                                                     |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| Common stock                                                      | —       |              |                               | —  |                   |         | —                  |         |                | —  |                               |           | —  |          |               | —  |   |
| Non-redeemable preferred stock                                    | 401           |              |                               | —  |                   |         | 416                      |         |                | —  |                               |           | 416      |          |               | —  |   |
| Total equities                                                    | 401           |              |                               | —  |                   |         | 416                      |         |                | —  |                               |           | 416      |          |               | —  |   |
| Limited partnership investments:                              |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| Hedge funds                                                       | 144           |              |                               | —  |                   |         | 148                           |         | —   |               |                               | 204  |               |          | —  |               |
| Private equity funds                                              | 782           |              |                               | —  |                   |         | 754                           |         | —   |               |                               | 656  |               |          | —  |               |
| Total limited partnership investments                             | 926           |              |                               | —  |                   |         | 902                      |         |                | —  |                               |           | 860      |          |               | —  |   |
| Other invested assets                                             | —       |              |                               | —  |                   |         | —                  |         |                | —  |                               |           | —  |          |               | —  |   |
| Mortgage loans                                                    | 200           |              |                               | —  |                   |         | 201                      |         |                | —  |                               |           | 210      |          |               | —  |   |
| Short term investments                                            | 19            |              |                               | —  |                   |         | 49                       |         |                | —  |                               |           | 60       |          |               | —  |   |
| Total investments                                                 | $                  | 14,882  |                               |               | $                 | (1,142) |                               |         | $              | 15,790   |                               |           | $             | (240)    |               |               | $ | 15,570  |  |  | $ | (446) |  |
|                                                                   |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| Net receivable/(payable) on investment activity               | $                  | (19)         |                               |               |                   |         | $                             | 4  |                |               |                               |           | $             | 11  |               |               |   |
|                                                                   |                    |              |                               |               |                   |         |                               |         |                |               |                               |
| Effective duration (in years)                                     | 9.8                |              |                               |               | 9.9               |         |                               |         | 9.9            |               |                               |
| Weighted average rating(1)                                        | A-                 |              |                               |               | A-                |         |                               |         | A              |               |                               |

----

|                                                                   |                                                                           |               |                               |               |            |               |                               |  |            |               |                               |   |               |       |                               |               |            |             |                               |  |            |               |                               |  |               |             |                               |               |   |       |               |   |   |               |  |  |               |         |  |               |   |             |  |  |   |       |  |  |   |              |  |  |   |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------|---------------------------------------------------------------------------|---------------|-------------------------------|---------------|------------|---------------|-------------------------------|--|------------|---------------|-------------------------------|---|---------------|-------|-------------------------------|---------------|------------|-------------|-------------------------------|--|------------|---------------|-------------------------------|--|---------------|-------------|-------------------------------|---------------|---|-------|---------------|---|---|---------------|--|--|---------------|---------|--|---------------|---|-------------|--|--|---|-------|--|--|---|--------------|--|--|---|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| September 30, 2023                                                | U.S. Government, Government agencies and Government-sponsored enterprises |               | AAA                           |               | AA         |               | A                             |  | BBB        |               | Non-investment grade          |   | Total         |
| (In millions)                                                     | Fair Value                                                                |               | Net Unrealized Gains (Losses) |               | Fair Value |               | Net Unrealized Gains (Losses) |  | Fair Value |               | Net Unrealized Gains (Losses) |   | Fair Value    |       | Net Unrealized Gains (Losses) |               | Fair Value |             | Net Unrealized Gains (Losses) |  | Fair Value |               | Net Unrealized Gains (Losses) |  | Fair Value    |             | Net Unrealized Gains (Losses) |
| Corporate and other bonds                                         | $                                                                         | —  |                               |               | $          | —  |                               |  | $          | 31       |                               |   | $             | (1)   |                               |               | $          | 544    |                               |  | $          | (62)          |                               |  | $             | 6,467  |                               |               | $ | (525) |               |   | $ | 13,930   |  |  | $             | (1,506) |  |               | $ | 1,541  |  |  | $ | (147) |  |  | $ | 22,513  |  |  | $ | (2,241) |  |
| States, municipalities and political subdivisions                 | —                                                              |               |                               | —  |            |               | 1,082                    |  |            | (117)         |                               |   | 4,224    |       |                               | (677)         |            |             | 1,453                    |  |            | (99)          |                               |  | 269      |             |                               | (76)          |   |       | 6        |   |   | —  |  |  | 7,034    |         |  | (969)         |   |
| Asset-backed:                                                 |                                                                           |               |                               |               |            |               |                               |  |            |               |                               |   |               |       |                               |               |            |             |                               |  |            |               |                               |  |               |             |                               |
| RMBS                                                              | 2,523                                                                |               |                               | (463)         |            |               | 286                      |  |            | (135)         |                               |   | 4        |       |                               | —  |            |             | 7                        |  |            | —  |                               |  | —  |             |                               | —  |   |       | 10       |   |   | 3        |  |  | 2,830    |         |  | (595)         |   |
| CMBS                                                              | —                                                              |               |                               | —  |            |               | 504                      |  |            | (39)          |                               |   | 578      |       |                               | (120)         |            |             | 198                      |  |            | (37)          |                               |  | 222      |             |                               | (52)          |   |       | 52       |   |   | (24)          |  |  | 1,554    |         |  | (272)         |   |
| Other ABS                                                         | —                                                              |               |                               | —  |            |               | 372                      |  |            | (40)          |                               |   | 204      |       |                               | (64)          |            |             | 1,170                    |  |            | (94)          |                               |  | 1,181    |             |                               | (139)         |   |       | 191      |   |   | (22)          |  |  | 3,118    |         |  | (359)         |   |
| Total asset-backed                                                | 2,523                                                                |               |                               | (463)         |            |               | 1,162                    |  |            | (214)         |                               |   | 786      |       |                               | (184)         |            |             | 1,375                    |  |            | (131)         |                               |  | 1,403    |             |                               | (191)         |   |       | 253      |   |   | (43)          |  |  | 7,502    |         |  | (1,226)       |   |
| U.S. Treasury and obligations of government-sponsored enterprises | 149                                                                  |               |                               | (1)           |            |               | —                  |  |            | —  |                               |   | —  |       |                               | —  |            |             | —                  |  |            | —  |                               |  | —  |             |                               | —  |   |       | —  |   |   | —  |  |  | 149      |         |  | (1)           |   |
| Foreign government                                                | —                                                              |               |                               | —  |            |               | 189                      |  |            | (8)           |                               |   | 362      |       |                               | (27)          |            |             | 77                       |  |            | (17)          |                               |  | 30       |             |                               | (3)           |   |       | —  |   |   | —  |  |  | 658      |         |  | (55)          |   |
| Redeemable preferred stock                                        | —                                                              |               |                               | —  |            |               | —                  |  |            | —  |                               |   | —  |       |                               | —  |            |             | —                  |  |            | —  |                               |  | —  |             |                               | —  |   |       | —  |   |   | —  |  |  | —  |         |  | —  |   |
| Total fixed maturity securities                                   | $                                                                         | 2,672    |                               |               | $          | (464)         |                               |  | $          | 2,464    |                               |   | $             | (340) |                               |               | $          | 5,916  |                               |  | $          | (950)         |                               |  | $             | 9,372  |                               |               | $ | (772) |               |   | $ | 15,632   |  |  | $             | (1,776) |  |               | $ | 1,800  |  |  | $ | (190) |  |  | $ | 37,856  |  |  | $ | (4,492) |  |
|                                                                   |                                                                           |               |                               |               |            |               |                               |  |            |               |                               |   |               |       |                               |               |            |             |                               |  |            |               |                               |  |               |             |                               |
| Percentage of total fixed maturity securities                     | 7                                                                    | %             |                               |               |            | 6        | %                             |  |            |               | 16                       | % |               |       |                               | 25       | %          |             |                               |  | 41    | %             |                               |  |               | 5      | %                             |               |   |       | 100      | % |   |               |

----

|                                                 |                      |             |                               |                    |                                        |                      |                                                                                                                     |                               |             |           |          |   |       |   |     |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------|----------------------|-------------|-------------------------------|--------------------|----------------------------------------|----------------------|---------------------------------------------------------------------------------------------------------------------|-------------------------------|-------------|-----------|----------|---|-------|---|-----|--|--|--|--|--|--|--|--|--|--|--|
|                                                 | September 30, 2023   |             |                               | September 30, 2023 |
| (In millions)                                   | Estimated Fair Value |             | Net Unrealized Gains (Losses) |                    | (In millions)                          | Estimated Fair Value |                                                                                                                     | Net Unrealized Gains (Losses) |
| Commercial mortgage-backed:                 |                      |             |                               |                    | Corporate and other bonds - REITs: |                      |                                                                                                                     |                               |
| Single asset, single borrower:              |                      |             |                               |                    | Retail                                 | $                    | 462                                                                                                            |                               |             | $         | (53)     |   |
| Office                                          | $                    | 293    |                               |                    | $                                      | (83)                 |                                                                                                                     |                               | Office      | 237  |          |   | (32)  |   |
| Retail                                          | 269             |             |                               | (37)               |                                        |                      | Industrial                                                                                                          | 83                       |             |           | (8)      |   |
| Lodging                                         | 216             |             |                               | (23)               |                                        |                      | Other (1)                                                                                                           | 412                      |             |           | (41)     |   |
| Industrial                                      | 91              |             |                               | (6)                |                                        |                      | Total corporate and other bonds - REITs (2)                                                                         | $                             | 1,194  |           |          | $ | (134) |   |
| Multifamily                                     | 58              |             |                               | (4)                |                                        |                      |                                                                                                                     |                               |             |           |
| Total single asset, single borrower             | 927             |             |                               | (153)              |                                        |                      |                                                                                                                     |                               |             |           |
| Conduits (multi property, multi borrower pools) | 627             |             |                               | (119)              |                                        |                      |                                                                                                                     |                               |             |           |
| Total commercial mortgage-backed                | $                    | 1,554  |                               |                    | $                                      | (272)                |                                                                                                                     |                               |             |           |          |   |
|                                                 |                      |             |                               |                    |                                        |                      |                                                                                                                     |                               |
|                                                 |                      |             |                               |                    |                                        |                      |                                                                                                                     |                               |
|                                                 | September 30, 2023   |             |                               | September 30, 2023 |
| (In millions)                                   | Estimated Fair Value |             | Net Unrealized Gains (Losses) |                    | (In millions)                          | Estimated Fair Value |                                                                                                                     | Net Unrealized Gains (Losses) |
| Commercial mortgage-backed:                 |                      |             |                               |                    | Corporate and other bonds - REITs: |                      |                                                                                                                     |                               |
| AAA                                             | $                    | 504    |                               |                    | $                                      | (39)                 |                                                                                                                     |                               | AA          | $         | 10  |   |       | $ | (1) |  |
| AA                                              | 578             |             |                               | (120)              |                                        |                      | A                                                                                                                   | 244                      |             |           | (18)     |   |
| A                                               | 198             |             |                               | (37)               |                                        |                      | BBB                                                                                                                 | 918                      |             |           | (112)    |   |
| BBB                                             | 222             |             |                               | (52)               |                                        |                      | Non-investment grade                                                                                                | 22                       |             |           | (3)      |   |
| Non-investment grade                            | 52              |             |                               | (24)               |                                        |                      | Total corporate and other bonds - REITs (2)                                                                         | $                             | 1,194  |           |          | $ | (134) |   |
| Total commercial mortgage-backed                | $                    | 1,554  |                               |                    | $                                      | (272)                |                                                                                                                     |                               |             |           |          |   |
|                                                 |                      |             |                               |                    |                                        |                      |                                                                                                                     |                               |
|                                                 |                      |             |                               |                    |                                        |                      |                                                                                                                     |                               |
|                                                 | September 30, 2023   |             |                               |                    |
| (In millions)                                   | Carrying Value       |             | Percentage of Total           |                    |                                        |                      |                                                                                                                     |                               |
| Mortgage loans:                             |                      |             |                               |                    |                                        |                      |                                                                                                                     |                               |
| Retail                                          | $                    | 470    |                               |                    | 45                                | %                    |                                                                                                                     |                               |             |           |          |
| Office                                          | 246             |             |                               | 24            | %                                      |                      |                                                                                                                     |                               |             |           |
| Industrial                                      | 133             |             |                               | 13            | %                                      |                      |                                                                                                                     |                               |             |           |
| Other                                           | 181             |             |                               | 18            | %                                      |                      |                                                                                                                     |                               |             |           |
| Total mortgage loans                            | 1,030           |             |                               | 100           | %                                      |                      | (1) Other includes a diversified mix of property type strategies including self-storage, healthcare and apartments. |
| Less: Allowance for expected credit losses  | (35)                 |             |                               |                    |                                        |
| Total mortgage loans - net of allowance         | $                    | 995    |                               |                    |                                        |                      | (2) REITs - Real estate investment trusts                                                                           |
|                                                 |                      |             |                               |

----

|                                                              |               |           |             |           |      |           |             |    |      |             |  |   |   |             |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|---------------|-----------|-------------|-----------|------|-----------|-------------|----|------|-------------|--|---|---|-------------|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                   | Consolidated  |           |
|                                                              | Three Months  |           | Nine Months |           |
| (In millions)                                                | 2023          |           | 2022        |           | 2023 |           | 2022        |    |
| Taxable fixed income securities                              | $             | 457  |             |           | $    | 410  |             |    | $    | 1,331  |  |   | $ | 1,163  |  |  |
| Tax-exempt fixed income securities                           | 43       |           |             | 55   |      |           | 138    |    |      | 194    |  |   |
| Total fixed income securities                                | 500      |           |             | 465  |      |           | 1,469  |    |      | 1,357  |  |   |
| Common stock                                                 | —  |           |             | (9)       |      |           | 16          |    | (40) |             |  |
| Limited partnerships - hedge funds                           | (2)           |           |             | 1    |      |           | 19          |    | (44) |             |  |
| Limited partnerships - private equity funds                  | 30            |           | (36)        |           |      | 89        |             | 33 |      |
| Total limited partnership and common stock investments       | 28       |           |             | (44)      |      |           | 124    |    |      | (51)        |  |   |
| Other, net of investment expense                             | 25       |           |             | 1    |      |           | 60     |    |      | (4)         |  |   |
| Net investment income                                        | $             | 553  |             |           | $    | 422  |             |    | $    | 1,653  |  |   | $ | 1,302  |  |  |
|                                                              |               |           |             |           |      |           |             |    |
| Effective income yield for fixed income securities portfolio | 4.7      |           | %           | 4.4  |      | %         | 4.6    |    | %    | 4.3    |  | % |
| Limited partnership and common stock return                  | 1.3      |           |             | (2.1)     |      |           | 5.8    |    |      | (2.4)       |  |   |

|                                                              |                                                   |           |             |           |      |           |           |          |      |           |  |   |   |           |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|---------------------------------------------------|-----------|-------------|-----------|------|-----------|-----------|----------|------|-----------|--|---|---|-----------|--|--|--|--|--|--|--|--|--|--|--|--|
|                                                              | Property & Casualty and Corporate & Other |           |
| Periods ended September 30                                   |                                                   |
|                                                              | Three Months                                      |           | Nine Months |           |
| (In millions)                                                | 2023                                              |           | 2022        |           | 2023 |           | 2022      |          |
| Taxable fixed income securities                              | $                                                 | 283  |             |           | $    | 247  |           |          | $    | 816  |  |   | $ | 709  |  |  |
| Tax-exempt fixed income securities                           | 10                                           |           |             | 11   |      |           | 32   |          |      | 34   |  |   |
| Total fixed income securities                                | 293                                          |           |             | 258  |      |           | 848  |          |      | 743  |  |   |
| Common stock                                                 | —                                      |           |             | (9)       |      |           | 16        |          | (40) |           |  |
| Limited partnerships - hedge funds                           | —                                      |           |             | 1    |      |           | 11        |          | (24) |           |  |
| Limited partnerships - private equity funds                  | 16                                                |           | (20)        |           |      | 49        |           | 18  |      |           |
| Total limited partnership and common stock investments       | 16                                           |           |             | (28)      |      |           | 76   |          |      | (46)      |  |   |
| Other, net of investment expense                             | 28                                           |           |             | 5    |      |           | 70   |          |      | 5    |  |   |
| Net investment income                                        | $                                                 | 337  |             |           | $    | 235  |           |          | $    | 994  |  |   | $ | 702  |  |  |
|                                                              |                                                   |           |             |           |      |           |           |          |
| Effective income yield for fixed income securities portfolio | 4.2                                          |           | %           | 3.8  |      | %         | 4.1  |          | %    | 3.7  |  | % |

|                                                              |                  |           |               |               |      |           |               |      |   |               |  |   |   |           |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|------------------|-----------|---------------|---------------|------|-----------|---------------|------|---|---------------|--|---|---|-----------|--|--|--|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                   | Life & Group |           |
|                                                              | Three Months     |           | Nine Months   |               |
| (In millions)                                                | 2023             |           | 2022          |               | 2023 |           | 2022          |      |
| Taxable fixed income securities                              | $                | 174  |               |               | $    | 163  |               |      | $ | 515      |  |   | $ | 454  |  |  |
| Tax-exempt fixed income securities                           | 33          |           |               | 44       |      |           | 106      |      |   | 160      |  |   |
| Total fixed income securities                                | 207         |           |               | 207      |      |           | 621      |      |   | 614      |  |   |
| Common stock                                                 | —     |           |               | —  |      |           | —  |      |   | —  |  |   |
| Limited partnerships - hedge funds                           | (2)              |           | —  |               |      | 8         |               | (20) |   |               |
| Limited partnerships - private equity funds                  | 14               |           | (16)          |               |      | 40        |               | 15   |   |
| Total limited partnership and common stock investments       | 12          |           |               | (16)          |      |           | 48       |      |   | (5)           |  |   |
| Other, net of investment expense                             | (3)              |           |               | (4)           |      |           | (10)          |      |   | (9)           |  |   |
| Net investment income                                        | $                | 216  |               |               | $    | 187  |               |      | $ | 659      |  |   | $ | 600  |  |  |
|                                                              |                  |           |               |               |      |           |               |      |
| Effective income yield for fixed income securities portfolio | 5.6         |           | %             | 5.5      |      | %         | 5.6      |      | % | 5.4      |  | % |

----

|                                                               |              |      |             |          |      |      |          |  |   |          |  |  |   |       |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------|--------------|------|-------------|----------|------|------|----------|--|---|----------|--|--|---|-------|--|--|--|--|--|--|--|--|--|
| Periods ended September 30                                    | Consolidated |
|                                                               | Three Months |      | Nine Months |
|                                                               |              |      |             |
| (In millions)                                                 | 2023         |      | 2022        |          | 2023 |      | 2022     |
| Fixed maturity securities: (1)                            |              |      |             |          |      |      |          |
| Corporate and other bonds                                     | $            | (11) |             |          | $    | (41) |          |  | $ | (46)     |  |  | $ | (68)  |  |
| States, municipalities and political subdivisions             | (4)          |      |             | 6   |      |      | 3   |  |   | 28  |  |
| Asset-backed                                                  | (22)         |      |             | (17)     |      |      | (43)     |  |   | (29)     |  |
| Total fixed maturity securities                               | (37)         |      |             | (52)     |      |      | (86)     |  |   | (69)     |  |
| Non-redeemable preferred stock                                | 2       |      |             | (2)      |      |      | (9)      |  |   | (111)    |  |
| Derivatives, short term and other                             | 2       |      |             | (34)     |      |      | 1   |  |   | 22  |  |
| Mortgage loans                                                | (5)          |      |             | (8)      |      |      | (11)     |  |   | (8)      |  |
| Net investment gains (losses)                                 | (38)         |      |             | (96)     |      |      | (105)    |  |   | (166)    |  |
| Income tax benefit (expense) on net investment gains (losses) | 7       |      |             | 11  |      |      | 21  |  |   | 38  |  |
| Net investment gains (losses), after tax                      | $            | (31) |             |          | $    | (85) |          |  | $ | (84)     |  |  | $ | (128) |  |

----

|                                                                    |             |             |            |               |               |             |                    |  |                      |              |                       |  |                  |              |  |             |   |           |              |  |   |             |  |  |   |              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------|-------------|-------------|------------|---------------|---------------|-------------|--------------------|--|----------------------|--------------|-----------------------|--|------------------|--------------|--|-------------|---|-----------|--------------|--|---|-------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Three months ended September 30, 2023(In millions)                 | Specialty   |             | Commercial |               | International |             | P&C Operations |  | Life & Group (1) |              | Corporate & Other |  | Total Operations |
| Claim & claim adjustment expense reserves, beginning of period |             |             |            |               |               |             |                    |  |                      |              |                       |  |                  |
| Gross                                                              | $           | 7,183  |            |               | $             | 9,674  |                    |  | $                    | 2,583   |                       |  | $                | 19,440  |  |             | $ | 688  |              |  | $ | 2,674  |  |  | $ | 22,802  |  |
| Ceded                                                              | 1,465  |             |            | 1,026    |               |             | 405           |  |                      | 2,896   |                       |  | 100         |              |  | 2,316  |   |           | 5,312   |  |
| Net                                                                | 5,718  |             |            | 8,648    |               |             | 2,178         |  |                      | 16,544  |                       |  | 588         |              |  | 358    |   |           | 17,490  |  |
|                                                                    |             |             |            |               |               |             |                    |  |                      |              |                       |  |                  |
| Net incurred claim & claim adjustment expenses                 | 480    |             |            | 807      |               |             | 177           |  |                      | 1,464   |                       |  | 3           |              |  | 25     |   |           | 1,492   |  |
| Net claim & claim adjustment expense payments                  | (427)       |             |            | (644)         |               |             | (138)              |  |                      | (1,209)      |                       |  | (13)             |              |  | (18)        |   |           | (1,240)      |  |
| Foreign currency translation adjustment and other                  | (1)         |             |            | —  |               |             | (59)               |  |                      | (60)         |                       |  | (26)             |              |  | (1)         |   |           | (87)         |  |
|                                                                    |             |             |            |               |               |             |                    |  |                      |              |                       |  |                  |
| Claim & claim adjustment expense reserves, end of period       |             |             |            |               |               |             |                    |  |                      |              |                       |  |                  |
| Net                                                                | 5,770  |             |            | 8,811    |               |             | 2,158         |  |                      | 16,739  |                       |  | 552         |              |  | 364    |   |           | 17,655  |  |
| Ceded                                                              | 1,320  |             |            | 1,091    |               |             | 414           |  |                      | 2,825   |                       |  | 97          |              |  | 2,259  |   |           | 5,181   |  |
| Gross                                                              | $           | 7,090  |            |               | $             | 9,902  |                    |  | $                    | 2,572   |                       |  | $                | 19,564  |  |             | $ | 649  |              |  | $ | 2,623  |  |  | $ | 22,836  |  |

|                                                                    |               |             |            |             |               |             |                    |  |                      |              |                       |  |                  |              |  |             |   |           |              |  |   |             |  |  |   |              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------|---------------|-------------|------------|-------------|---------------|-------------|--------------------|--|----------------------|--------------|-----------------------|--|------------------|--------------|--|-------------|---|-----------|--------------|--|---|-------------|--|--|---|--------------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Nine months ended September 30, 2023(In millions)                  | Specialty     |             | Commercial |             | International |             | P&C Operations |  | Life & Group (1) |              | Corporate & Other |  | Total Operations |
| Claim & claim adjustment expense reserves, beginning of period |               |             |            |             |               |             |                    |  |                      |              |                       |  |                  |
| Gross                                                              | $             | 6,878  |            |             | $             | 9,395  |                    |  | $                    | 2,403   |                       |  | $                | 18,676  |  |             | $ | 695  |              |  | $ | 2,749  |  |  | $ | 22,120  |  |
| Ceded                                                              | 1,315    |             |            | 965    |               |             | 400           |  |                      | 2,680   |                       |  | 101         |              |  | 2,410  |   |           | 5,191   |  |
| Net                                                                | 5,563    |             |            | 8,430  |               |             | 2,003         |  |                      | 15,996  |                       |  | 594         |              |  | 339    |   |           | 16,929  |  |
|                                                                    |               |             |            |             |               |             |                    |  |                      |              |                       |  |                  |
| Net incurred claim & claim adjustment expenses                 | 1,419    |             |            | 2,236  |               |             | 551           |  |                      | 4,206   |                       |  | 21          |              |  | 70     |   |           | 4,297   |  |
| Net claim & claim adjustment expense payments                  | (1,212)       |             |            | (1,856)     |               |             | (392)              |  |                      | (3,460)      |                       |  | (37)             |              |  | (44)        |   |           | (3,541)      |  |
| Foreign currency translation adjustment and other                  | —  |             |            | 1      |               |             | (4)                |  |                      | (3)          |                       |  | (26)             |              |  | (1)         |   |           | (30)         |  |
|                                                                    |               |             |            |             |               |             |                    |  |                      |              |                       |  |                  |
| Claim & claim adjustment expense reserves, end of period       |               |             |            |             |               |             |                    |  |                      |              |                       |  |                  |
| Net                                                                | 5,770    |             |            | 8,811  |               |             | 2,158         |  |                      | 16,739  |                       |  | 552         |              |  | 364    |   |           | 17,655  |  |
| Ceded                                                              | 1,320    |             |            | 1,091  |               |             | 414           |  |                      | 2,825   |                       |  | 97          |              |  | 2,259  |   |           | 5,181   |  |
| Gross                                                              | $             | 7,090  |            |             | $             | 9,902  |                    |  | $                    | 2,572   |                       |  | $                | 19,564  |  |             | $ | 649  |              |  | $ | 2,623  |  |  | $ | 22,836  |  |

----

|                                                      |                                     |           |                        |         |       |              |         |  |   |              |  |  |  |  |  |  |  |
|------------------------------------------------------|-------------------------------------|-----------|------------------------|---------|-------|--------------|---------|--|---|--------------|--|--|--|--|--|--|--|
|                                                      |                                     |           |                        |         |       |
| Three months ended September 30, 2023(In millions)   | Claim and claim adjustment expenses |           | Future policy benefits |         | Total |
| Beginning of period                                  | $                                   | 588  |                        |         | $     | 13,666  |         |  | $ | 14,254  |  |
|                                                      |                                     |           |                        |         |       |
| Incurred claims and policyholders' benefits (1)      | 3                                   |           | 339               |         |       | 342     |         |
| Benefit and expense payments                         | (13)                                |           |                        | (316)   |       |              | (329)   |  |
| Change in discount rate assumptions and other (AOCI) | (26)                                |           |                        | (1,035) |       |              | (1,061) |  |
|                                                      |                                     |           |                        |         |       |
| End of Period                                        | $                                   | 552  |                        |         | $     | 12,654  |         |  | $ | 13,206  |  |

|                                                      |                                     |           |                        |       |       |              |       |  |   |              |  |  |  |  |  |  |  |
|------------------------------------------------------|-------------------------------------|-----------|------------------------|-------|-------|--------------|-------|--|---|--------------|--|--|--|--|--|--|--|
|                                                      |                                     |           |                        |       |       |
| Nine months ended September 30, 2023(In millions)    | Claim and claim adjustment expenses |           | Future policy benefits |       | Total |
| Beginning of period (2)                              | $                                   | 594  |                        |       | $     | 13,479  |       |  | $ | 14,073  |  |
|                                                      |                                     |           |                        |       |       |
| Incurred claims and policyholders' benefits (1)      | 21                                  |           | 977               |       |       | 998     |       |
| Benefit and expense payments                         | (37)                                |           |                        | (945) |       |              | (982) |  |
| Change in discount rate assumptions and other (AOCI) | (26)                                |           |                        | (857) |       |              | (883) |  |
|                                                      |                                     |           |                        |       |       |
| End of Period                                        | $                                   | 552  |                        |       | $     | 12,654  |       |  | $ | 13,206  |  |

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