What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2023-11-08 compared with 2023-08-09 · 2 added, 1 removed, 7 unchanged (30% of the section changed)

6 unchanged sentences

A description of our market risk exposures may be found under “Quantitative and Qualitative Disclosures About Market Risk” in our First Quarter Form 10-Q.

There have been no material changes to our market risk exposures from the market risk exposures previously disclosed in our First Quarter Form 10-Q.

There have been no material changes to our market risk exposures from the market risk exposures previously disclosed in our First Quarter Form 10-Q with the exception of sensitivity to changes in interest rates.

Sensitivity to a 100 basis point rise in interest rates decreased by $978 million, or 18%, to $4.4 billion as of September 30, 2023 from $5.4 billion as of March 31, 2023 primarily as a result of the impact of higher interest rates on the estimated fair value of fixed maturity securities, in line with management expectations.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.