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Operating Revenues By Segment
Breaks down revenue from different business segments, revealing which areas are generating the most income and potential growth opportunities.Commercial has become the clear growth engine, driving material revenue share gains through 2025 and supporting improved underwriting; International is growing too—likely volume/new-business driven despite rate compression—while Specialty’s revenue gains into 2025 reversed early 2026, highlighting earnings volatility amplified by recent reserve strengthening. Life & Group is stalled, pressured by persistency and weaker investment income. Strong investment income and a hefty special dividend cushion these segment risks but don’t eliminate underwriting cyclicality.
Date | International | Speciality | Commercial | Life & Group | Corporate & Other | Eliminations |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $381.00M | $1.42B | $1.70B | $332.00M | $13.00M | -$3.00M |
Mar 31, 2026 | $377.00M | $1.37B | $1.61B | $327.00M | $14.00M | -$3.00M |
Dec 31, 2025 | $375.00M | $1.46B | $1.67B | $332.00M | $21.00M | -$3.00M |
Sep 30, 2025 | $386.00M | $1.44B | $1.65B | $332.00M | $18.00M | -$2.00M |
Jun 30, 2025 | $362.00M | $1.43B | $1.62B | $341.00M | $16.00M | -$3.00M |
Mar 31, 2025 | $344.00M | $1.38B | $1.56B | $332.00M | $19.00M | -$3.00M |
Dec 31, 2024 | $355.00M | $1.43B | $1.59B | $338.00M | $18.00M | -$3.00M |
Sep 30, 2024 | $343.00M | $1.41B | $1.51B | $350.00M | $17.00M | -$2.00M |
Jun 30, 2024 | $343.00M | $1.39B | $1.43B | $348.00M | $21.00M | -$3.00M |
Mar 31, 2024 | $346.00M | $1.37B | $1.39B | $341.00M | $24.00M | -$3.00M |