Risk Factors Update Summary
- Loss costs increased, with reserves rising from $195 million in 2023 to $384 million in 2023.
- Loss reserves increased by $43 million from $341 million in 2022 to $384 million in 2023.
- Investment in fixed maturity securities rose from $17 billion to $20 billion in 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=11544&owner=exclude
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