Cumulative paid losses and allocated loss adjustment expenses, net of reinsurance

Breakdown

Segment	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Specialty	34,800,000,000%	37,700,000,000%	46,500,000,000%	62,700,000,000%	493,000,000,000%
Property excluding property catastrophe	20,700,000,000%	26,900,000,000%	36,300,000,000%	46,800,000,000%	305,500,000,000%
Casualty	13,800,000,000%	16,500,000,000%	22,000,000,000%	25,800,000,000%	183,100,000,000%
Property catastrophe	15,800,000,000%	20,800,000,000%	25,100,000,000%	26,200,000,000%	106,200,000,000%
Marine and aviation	2,900,000,000%	4,200,000,000%	6,000,000,000%	6,600,000,000%	44,700,000,000%
Total	—	—	—	—	—

Property, energy, marine and aviationView metric

Third party occurrence businessView metric

Third party claims-made businessView metric

Multi-line and other specialtyView metric

Property catastropheView metric

Property excluding property catastropheView metric

Marine and aviationView metric