Contractholder Funds (Table)


	December 31,
	2021		2020

	(in millions)
Liabilities for investment contracts:
Liabilities for individual annuities	$	10,652.3	$	12,864.1
GICs		12,206.0		11,858.0
Funding agreements		11,685.5		9,407.3
Other investment contracts		1,593.5		1,762.4
Total liabilities for investment contracts		36,137.3		35,891.8
Universal life and other reserves		7,460.7		7,345.9
Total contractholder funds	$	43,598.0	$	43,237.7

Reconciliation of unpaid claims to liability for unpaid claims (Table)

December 31, 2021

Dental, Vision, STD,

LTD and Group Life

Critical Illness and

Waiver

Accident

Group Life

Consolidated

(in millions)

Net outstanding liabilities for unpaid claims

$

1,219.0

$

73.1

$

80.2

$

1,372.3

Reconciling items:

Reinsurance recoverable on unpaid claims

46.5

—

46.5

Impact of discounting

(208.0)

—

(208.0)

Liability for unpaid claims - short-duration contracts

$

1,057.5

$

73.1

$

80.2

1,210.8

Insurance contracts other than short-duration

1,448.6

Liability for unpaid claims

$

2,659.4

Discounting (Table)


						Dental, Vision, STD,
	LTD and Group Life					Critical Illness and
	Waiver					Accident					Group Life

	($ in millions)
Carrying amount of liabilities for unpaid claims
December 31, 2021	$			1,057.5		$			73.1		$			80.2
December 31, 2020				1,047.6					70.4					54.1
Range of discount rates
December 31, 2021		2.8	-	7.0	%		—	-	—	%		—	-	—	%
December 31, 2020		2.8	-	7.0			—	-	—			—	-	—
Aggregate amount of discount
December 31, 2021	$			208.0		$			—		$			—
December 31, 2020				214.5					—					—
Interest accretion
For the year ended:
December 31, 2021	$			33.8		$			—		$			—
December 31, 2020				33.9					—					—
December 31, 2019				34.2					—					—

Claims Development (Table)


																					Incurred			Cumulative
																					but not			number of
																					reported			reported
	Net incurred claims (1)																				claims			claims

	December 31,
	2012		2013		2014		2015		2016		2017		2018		2019		2020		2021		2021		2021

	($ in millions)
Incurral year
2012	$	217.9	$	200.0	$	191.1	$	189.5	$	181.8	$	174.8	$	173.3	$	171.9	$	173.1	$	172.2	$	0.1		6,445
2013				219.3		203.3		188.4		190.7		182.3		179.5		177.1		173.4		174.5		0.1		7,051
2014						242.2		231.4		214.4		218.1		206.2		201.9		202.0		199.3		0.1		7,603
2015								231.0		227.2		217.2		215.3		208.2		210.0		211.8		0.1		7,180
2016										229.8		228.4		219.4		219.5		214.4		218.7		0.1		6,163
2017												238.4		239.7		243.1		245.8		245.2		0.1		6,080
2018														239.4		245.1		239.2		239.8		5.0		5,763
2019																255.2		248.4		240.4		7.5		5,917
2020																		252.1		231.0		3.6		5,850
2021																				259.7		97.3		3,271
Total net incurred claims																			$	2,192.6


	Net cumulative paid claims (1)
	December 31,
	2012		2013		2014		2015		2016		2017		2018		2019		2020		2021

	(in millions)
Incurral year
2012	$	13.8	$	55.1	$	80.8	$	93.7	$	104.6	$	112.9	$	120.0	$	126.1	$	131.5	$	136.3
2013				12.5		55.0		81.4		97.0		106.4		116.4		123.2		129.0		134.9
2014						16.1		66.0		96.3		111.8		122.3		132.4		140.8		147.2
2015								16.9		67.0		98.0		114.6		126.8		137.1		146.5
2016										16.2		70.6		105.6		124.9		136.8		147.2
2017												17.8		76.5		115.0		135.9		151.7
2018														20.1		79.9		115.7		135.7
2019																19.2		79.7		117.5
2020																		20.6		78.8
2021																				19.8
Total net paid claims																				1,215.6
All outstanding liabilities for unpaid claims prior to 2012 net of reinsurance																				242.0
Total outstanding liabilities for unpaid claims net of reinsurance																			$	1,219.0

(1)	2012-2020 unaudited.

Claims Development (Table)

Incurred

Cumulative

but not

number of

reported

Net incurred claims (1)

claims

December 31,

2020

2021

($ in millions)

Incurral year

2020

$

679.8

$

663.7

$

—

3,079,517

2021

826.0

49.2

3,564,753

Total net incurred claims

$

1,489.7

Net cumulative

paid claims (1)

December 31,

2020

2021

(in millions)

Incurral year

2020

$

609.5

$

663.2

2021

753.4

Total net paid claims

1,416.6

All outstanding liabilities for unpaid claims prior to 2020 net of reinsurance

—

Total outstanding liabilities for unpaid claims net of reinsurance

$

73.1

(1)	2020 unaudited.

Claims Development (Table)

Incurred

Cumulative

but not

number of

reported

Net incurred claims (1)

claims

December 31,

2020

2021

($ in millions)

Incurral year

2020

$

270.6

$

278.2

$

0.9

6,251

2021

317.6

27.3

6,274

Total net incurred claims

$

595.8

Net cumulative

paid claims (1)

December 31,

2020

2021

(in millions)

Incurral year

2020

$

219.3

$

276.5

2021

243.9

Total net paid claims

520.4

All outstanding liabilities for unpaid claims prior to 2020 net of reinsurance

4.8

Total outstanding liabilities for unpaid claims net of reinsurance

$

80.2

(1)	2020 unaudited.