For 2025, the Richmond, Va.-based insurer reported net income of $503.6 million, or $21.65 per diluted share, up from $414.8 million, or $17.78 per share, in 2024. Net operating earnings – which exclude changes in the fair value of equities, realized gains and certain credit loss adjustments – rose to $453.7 million, or $19.51 per share, from $374.8 million, or $16.06.