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v3.23.3

Investments - Mortgage Loan Valuation Allowance (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Direct financing leases, Changes in financing receivable valuation allowance |  |  |  |
Beginning balance, Direct financing lease valuation allowance | $ 1.1 | $ 0.3 | $ 0.6 | $ 0.4
Provision: Direct financing lease valuation allowance |  | 0.3 | 0.5 | 0.2
Foreign currency translation adjustment: Direct financing lease valuation allowance | (0.1) |  | (0.1) |
Ending balance, Direct financing lease valuation allowance | 1.0 | 0.6 | 1.0 | 0.6
Total, Changes in financing receivable valuation allowance |  |  |  |
Beginning balance valuation allowance | 112.1 | 68.2 | 86.8 | 49.0
Provision | 7.1 | 2.8 | 31.6 | 20.9
Charge-offs | (0.1) |  | (0.2) | (0.1)
Recoveries | 0.4 | 0.5 | 1.1 | 1.9
Foreign currency translation adjustment | (0.4) | (0.2) | (0.2) | (0.4)
Ending balance valuation allowance | 119.1 | 71.3 | 119.1 | 71.3
Commercial mortgage loans |  |  |  |
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance |  |  |  |
Beginning balance, Financing receivable valuation allowance | 101.5 | 63.6 | 77.9 | 43.9
Provision: Financing receivable valuation allowance | 6.0 | 2.0 | 29.5 | 21.9
Foreign currency translation adjustment: Financing receivable valuation allowance | (0.2) | (0.1) | (0.1) | (0.3)
Ending balance, Financing receivable valuation allowance | 107.3 | 65.5 | $ 107.3 | 65.5
Total, Changes in financing receivable valuation allowance |  |  |  |
Mortgage loans, Days delinquent to be analyzed for valuation allowance |  |  | 60 days |
Residential mortgage loans |  |  |  |
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance |  |  |  |
Beginning balance, Financing receivable valuation allowance | 6.8 | 1.7 | $ 5.6 | 2.0
Provision: Financing receivable valuation allowance | 1.1 | 0.5 | 1.6 | (1.1)
Charge-offs: Financing receivable valuation allowance | (0.1) |  | (0.2) | (0.1)
Recoveries: Financing receivable valuation allowance | 0.4 | 0.5 | 1.1 | 1.9
Foreign currency translation adjustment: Financing receivable valuation allowance | (0.1) | (0.1) |  | (0.1)
Ending balance, Financing receivable valuation allowance | 8.1 | 2.6 | $ 8.1 | 2.6
Total, Changes in financing receivable valuation allowance |  |  |  |
Mortgage loans, Days delinquent to be analyzed for valuation allowance |  |  | 60 days |
Reinsurance recoverables |  |  |  |
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance |  |  |  |
Beginning balance, Financing receivable valuation allowance | 2.7 | 2.6 | $ 2.7 | 2.7
Provision: Financing receivable valuation allowance |  |  |  | (0.1)
Ending balance, Financing receivable valuation allowance | $ 2.7 | $ 2.6 | $ 2.7 | $ 2.6

X
- Definition The numbers of days for which a mortgage loan has been delinquent such that it is analyzed to determine if a valuation allowance is needed. + References No definition available. + Details
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- Definition Amount, excluding accrued interest, of increase in allowance for credit loss on net investment in direct financing lease from foreign currency translation gain (loss). + References No definition available. + Details
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
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- Definition Amount excluding accrued interest, of credit loss expense (reversal of expense) on net investment in direct financing lease. + References No definition available. + Details
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- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Includes net investment in direct financing lease. + References No definition available. + Details
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- Definition Amount, excluding accrued interest, of foreign currency translation gain (loss) which decreases (increases) allowance for credit loss on financing receivable. Includes net investment in direct financing lease. + References No definition available. + Details
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- Definition Amount, excluding accrued interest, of decrease in allowance for credit loss on financing receivable from writeoff. Includes net investment in direct financing lease. + References No definition available. + Details
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