Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance

Breakdown

Segment	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
U.S. Property and Special Risks	$3.9B	$4B	$4.06B	$4.13B	$23.32B
UK/Europe and Japan Personal Insurance	—	$2.22B	$2.27B	$2.29B	$16.63B
UK/Europe Property and Special Risks	—	$1.64B	$1.62B	$1.62B	$10.89B
U.S. Financial Lines	$1.83B	$1.9B	$2.04B	$2.12B	$10.1B
U.S. Personal Insurance	$1.83B	$1.85B	$1.86B	$1.88B	$10.05B
UK/Europe Casualty and Financial lines	—	$1.22B	$1.32B	$1.36B	$7.34B
U.S. Other Casualty	—	$1.02B	$1.07B	$1.14B	$4.33B
U.S. Excess Casualty	$585M	$676M	$798M	$860M	$3.52B
U.S. Workers' Compensation (before discount)	$662M	$686M	$694M	$708M	$3B
Total	—	—	—	—	—

U.S. Workers' Compensation (before discount)View metric

U.S. Excess CasualtyView metric

U.S. Other CasualtyView metric

U.S. Financial LinesView metric

U.S. Property and Special RisksView metric

U.S. Personal InsuranceView metric

UK/Europe Casualty and Financial linesView metric

UK/Europe Property and Special RisksView metric

UK/Europe and Japan Personal InsuranceView metric