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Fair Value Measurements - Quantitative Information for Level 3 Measurements (Details) - Recurring Fair Value Measurements $ in Millions | Mar. 31, 2022 USD ($) item | Dec. 31, 2021 USD ($) item
--- | --- | ---
Unobservable inputs |  |
Assets measured at fair value | $ | $ 250,217.5 | $ 265,620.4
Liabilities measured at fair value | $ | (484.8) | (583.0)
Fair value hierarchy Level 3 |  |
Unobservable inputs |  |
Assets measured at fair value | $ | 2,411.3 | 2,029.1
Liabilities measured at fair value | $ | (155.0) | (356.9)
Fair value hierarchy Level 3 | Investment and universal life contracts |  |
Unobservable inputs |  |
Liabilities measured at fair value | $ | $ (153.8) | $ (356.3)
Embedded derivative, Valuation technique | Discounted cash flow | Discounted cash flow
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Long duration interest rate | Minimum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.017 | 0.018
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Long duration interest rate | Maximum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.026 | 0.019
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Long duration interest rate | Weighted average input |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.022 | 0.019
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Long-term equity market volatility | Minimum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.161 | 0.180
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Long-term equity market volatility | Maximum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.586 | 0.325
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Long-term equity market volatility | Weighted average input |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.216 | 0.221
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Non-performance risk | Minimum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.006 | 0.003
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Non-performance risk | Maximum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.015 | 0.011
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Non-performance risk | Weighted average input |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.011 | 0.009
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Lapse rate | Minimum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.000 | 0.000
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Lapse rate | Maximum |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.170 | 0.170
Fair value hierarchy Level 3 | Investment and universal life contracts | Discounted cash flow | Lapse rate | Weighted average input |  |
Unobservable inputs |  |
Embedded derivative, Input | 0.062 | 0.051
Fair value hierarchy Level 3 | Fixed maturities | Trading |  |
Unobservable inputs |  |
Assets measured at fair value | $ | $ 62.4 | $ 4.9
Fair value hierarchy Level 3 | Fixed maturities | Trading | Discounted cash flow | Discount rate |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.075
Fair value hierarchy Level 3 | Fixed maturities | Trading | Discounted cash flow | Discount rate | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.058 |
Fair value hierarchy Level 3 | Fixed maturities | Trading | Discounted cash flow | Discount rate | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.107 |
Fair value hierarchy Level 3 | Fixed maturities | Trading | Discounted cash flow | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.075 | 0.075
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale |  |
Unobservable inputs |  |
Assets measured at fair value | $ | $ 1,136.4 | $ 829.9
Fixed maturities, available-for-sale, Valuation technique | Discounted cash flow | Discounted cash flow
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Discounted cash flow | Discount rate | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.028 | 0.009
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Discounted cash flow | Discount rate | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.149 | 0.155
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Discounted cash flow | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.065 | 0.068
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Discounted cash flow | Illiquidity premium | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0 | 0
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Discounted cash flow | Illiquidity premium | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.0173 | 0.0070
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Discounted cash flow | Illiquidity premium | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.0005 | 0.0006
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Market comparables | Probability of default |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 1.000 | 1.000
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Market comparables | Probability of default | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 1.000 | 1.000
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Market comparables | Potential loss severity |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.616 | 0.394
Fair value hierarchy Level 3 | Corporate debt securities | Available-for-sale | Market comparables | Potential loss severity | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.616 | 0.394
Fair value hierarchy Level 3 | Commercial mortgage-backed securities | Available-for-sale |  |
Unobservable inputs |  |
Assets measured at fair value | $ |  | $ 3.5
Fixed maturities, available-for-sale, Valuation technique |  | Discounted cash flow
Fair value hierarchy Level 3 | Commercial mortgage-backed securities | Available-for-sale | Discounted cash flow | Discount rate |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.037
Fair value hierarchy Level 3 | Commercial mortgage-backed securities | Available-for-sale | Discounted cash flow | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.037
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale |  |
Unobservable inputs |  |
Assets measured at fair value | $ |  | $ 45.9
Fixed maturities, available-for-sale, Valuation technique |  | Discounted cash flow
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale | Discounted cash flow | Discount rate | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.030
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale | Discounted cash flow | Discount rate | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.053
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale | Discounted cash flow | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.040
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale | Discounted cash flow | Illiquidity premium | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale | Discounted cash flow | Illiquidity premium | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.0385
Fair value hierarchy Level 3 | Collateralized debt obligations | Available-for-sale | Discounted cash flow | Illiquidity premium | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input |  | 0.0255
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale |  |
Unobservable inputs |  |
Assets measured at fair value | $ | $ 21.2 | $ 22.1
Fixed maturities, available-for-sale, Valuation technique | Discounted cash flow | Discounted cash flow
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale | Discounted cash flow | Discount rate | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.046 | 0.030
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale | Discounted cash flow | Discount rate | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.100 | 0.100
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale | Discounted cash flow | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.048 | 0.033
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale | Discounted cash flow | Illiquidity premium | Minimum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.0225 | 0.0225
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale | Discounted cash flow | Illiquidity premium | Maximum |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.0500 | 0.0500
Fair value hierarchy Level 3 | Other debt obligations | Available-for-sale | Discounted cash flow | Illiquidity premium | Weighted average input |  |
Unobservable inputs |  |
Fixed maturities, available-for-sale, Input | 0.0236 | 0.0237
Fair value hierarchy Level 3 | Other investments |  |
Unobservable inputs |  |
Assets measured at fair value | $ |  | $ 0.6
Fair value hierarchy Level 3 | Other investments | Market comparables | Revenue multiples | Minimum |  |
Unobservable inputs |  |
Other investments, Input |  | 6.8
Fair value hierarchy Level 3 | Other investments | Market comparables | Revenue multiples | Maximum |  |
Unobservable inputs |  |
Other investments, Input |  | 9.1
Fair value hierarchy Level 3 | Other investments | Market comparables | Revenue multiples | Weighted average input |  |
Unobservable inputs |  |
Other investments, Input |  | 8.0
Fair value hierarchy Level 3 | Separate account assets |  |
Unobservable inputs |  |
Assets measured at fair value | $ | $ 1,016.9 | $ 946.0
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, mortgage loans | Discount rate |  |
Unobservable inputs |  |
Separate account assets, Input | 0.024 | 0.014
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, mortgage loans | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.024 | 0.014
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, mortgage loans | Credit spread rate |  |
Unobservable inputs |  |
Separate account assets, Input | 0.0144 | 0.0120
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, mortgage loans | Credit spread rate | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.0144 | 0.0120
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Discount rate | Minimum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.053 | 0.053
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Discount rate | Maximum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.100 | 0.100
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Discount rate | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.067 | 0.066
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Terminal capitalization rate | Minimum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.043 | 0.043
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Terminal capitalization rate | Maximum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.093 | 0.093
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Terminal capitalization rate | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.056 | 0.056
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Average market rent growth rate | Minimum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.016 | 0.016
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Average market rent growth rate | Maximum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.039 | 0.036
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate | Average market rent growth rate | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.030 | 0.027
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate debt | Loan to value | Minimum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.400 | 0.401
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate debt | Loan to value | Maximum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.580 | 0.585
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate debt | Loan to value | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.450 | 0.460
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate debt | Market interest rate | Minimum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.025 | 0.025
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate debt | Market interest rate | Maximum |  |
Unobservable inputs |  |
Separate account assets, Input | 0.042 | 0.031
Fair value hierarchy Level 3 | Separate account assets | Discounted cash flow, real estate debt | Market interest rate | Weighted average input |  |
Unobservable inputs |  |
Separate account assets, Input | 0.033 | 0.027

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