Nearly half of middle market leaders polled believes risk will increase for their businesses and industries in the year ahead, with cybersecurity remaining their top concern
- Net income was $1.1 billion, down 11.4%, and core operating income was $1.2 billion, up 10.2%. Net income was unfavorably impacted by mark-to-market losses of $119 million, principally related to the company's variable annuity reinsurance portfolio, compared to adjusted realized gains of $165 million in the prior year.