"We currently contemplate either an IPO or a private sale of up to 19.9% of Life and Retirement, followed by one or more dispositions of our remaining ownership interest over time."
Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic "Blue Wave," which would have enabled progressives to push for broad reforms, failed to materialize on Wednesday,
The loss included $674 million of catastrophes, net of reinsurance, partly reflecting $458 million related to COVID-19 and $126 million for civil unrest claims.
