| ASSETS: |
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| Fixed maturities - available for sale (amortized cost: 2022, $22,693,029; 2021, $22,063,582, credit allowances: 2022, $(41,591); 2021, $(29,738)) |
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| Fixed maturities - available for sale, at fair value (amortized cost: 2022, $24,191; 2021, $22,064, credit allowances: 2022, $(54); 2021, $(30)) |
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| Fixed maturities - held to maturity, at amortized cost, net of credit allowances (fair value: 2022, $821, credit allowances: 2022, $(9)) |
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| Fixed maturities - available for sale, at fair value (amortized cost: 2026, $34,912; 2025, $34,620, credit allowances: 2026, $(64); 2025, $(68)) |
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| Fixed maturities - held to maturity, at amortized cost (fair value: 2026, $568; 2025, $576, net of credit allowances: 2026, $(8); 2025, $(6)) |
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| Equity securities, at fair value |
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Other invested assets
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| Short-term investments |
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| Cash |
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| Total investments and cash |
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| Accrued investment income |
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| Premiums receivable (net of credit allowances: 2026, $(99); 2025, $(94)) |
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| Reinsurance loss recoverables (net of credit allowances: 2026, $(61); 2025, $(57)) |
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| Reinsurance unpaid loss recoverables |
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| Funds held by reinsureds |
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| Deferred acquisition costs |
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| Prepaid reinsurance premiums |
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| Income tax asset, net |
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| Other assets (net of credit allowances: 2026, $(17); 2025, $(17)) |
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TOTAL ASSETS
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| LIABILITIES: |
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| Reserve for losses and loss adjustment expenses |
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| Future policy benefit reserve |
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| Unearned premium reserve |
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| Funds held under reinsurance treaties |
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| Amounts due to reinsurers |
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| Losses in course of payment |
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| Senior notes |
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| Senior Notes |
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| Total senior notes |
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| Long-term notes |
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| Borrowings from FHLB |
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| Accrued interest on debt and borrowings |
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| Unsettled securities payable |
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| Income taxes net payable |
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| Other liabilities |
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Total liabilities
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| SHAREHOLDERS' EQUITY: |
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| Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding |
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Common shares, par value: $0.01; 200.0 shares authorized; 74.5 (2026) and 74.4 (2025) shares issued and outstanding
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| Additional paid-in capital |
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| Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(124) at 2026 and $(23) at 2025 |
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Treasury shares, at cost; 30.8 shares (2022) and 30.5 shares (2021)
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| Treasury shares, at cost; 35.8 shares (2026) and 33.7 shares (2025) |
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Retained earnings
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Total shareholders' equity
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TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
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