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v3.24.2

Market Risk Benefits - Net Asset (Liability) Balances and Changes in Valuation of the MRBs for Individual Variable Annuities (Details) - USD ($) $ in Millions | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Net asset (liability) balances and the changes in the valuation of the MRBs |  |
Balance at beginning of period, market risk benefits | $ 20.2 |
Balance at end of period, market risk benefits | 143.0 | $ 20.2
Retirement and Income Solutions | Individual variable annuities |  |
Net asset (liability) balances and the changes in the valuation of the MRBs |  |
Balance at beginning of period, market risk benefits | 41.5 | (72.2)
Effect of changes in nonperformance risk at beginning of period | 7.7 | (31.7)
Adjusted balance at beginning of period, market risk benefits | 49.2 | (103.9)
Interest accrual and expected policyholder behavior | (39.3) | (80.9)
Benefit payments | 0.5 | 0.4
Changes in interest rates | 68.9 | 39.9
Changes in equity markets | 66.2 | 155.1
Changes in equity index volatility | 19.3 | 47.9
Actual policyholder behavior different from expected behavior | (3.5) | (4.0)
Changes in other future expected assumptions |  | (5.3)
Adjusted balance at end of period, market risk benefits | 161.3 | 49.2
Effect of changes in nonperformance risk at end of period | 18.3 | 7.7
Balance at end of period, market risk benefits | $ 143.0 | $ 41.5
Weighted-average attained age of policyholders (years) | 67 years 7 months 6 days | 67 years 8 months 12 days
Net amount at risk | $ 50.0 | $ 111.2

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- Definition Weighted average attained age of policyholders or contract holders in market risk benefit in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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- Definition Amount, before tax, of accumulated other comprehensive income (loss) (AOCI) from (increase) decrease in instrument-specific credit risk on contract or contract feature in long-duration contract issued by insurance entity protecting contract holder from other-than-nominal capital market risk and exposing insurance entity to other-than-nominal capital market risk. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7B Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29G -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29G Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480016/944-40-65-2 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13K -Subparagraph (k) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13K + Details
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- Definition Amount, before effect of reinsurance and after accumulated increase (decrease) in instrument-specific credit risk, of contract or contract feature in long-duration contract issued by insurance entity that both protects contract holder from other-than-nominal capital market risk and exposes insurance entity to other-than-nominal capital market risk. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480016/944-40-65-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29G -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29G Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7B Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480112/944-40-45-3 + Details
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