Record Operating EPS
Core operating EPS reached a record $6.14, up 14% from the previous year.
Strong Core Operating Income
Core operating income was a record $2.5 billion, up 13% year-over-year.
Impressive Underwriting Income
Underwriting income reached $1.6 billion, up 15% from the prior year, leading to a combined ratio of 85.6%.
Significant Tangible Book Value Growth
Tangible book value grew 23.7% per share from a year ago and 8% from the previous quarter.
Robust Premium Growth in Life Insurance
Premiums in the Life Insurance division grew almost 17.5%.
Continued Growth in International Markets
Premiums in Asia grew over 12.5% in constant dollars, Europe over 8%, and Latin America over 17%.
Strong Cash Flow and Investment Income
Operating cash flow was $3.2 billion, and adjusted net investment income was nearly $1.7 billion, up 8%.