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v3.24.2

Contractholder Funds - Changes in Policyholder Account Balances (Details) - USD ($) $ in Millions | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | $ 25,322.2 |
Policyholder account balance, end of period | 25,574.7 | $ 25,322.2
Retirement and Income Solutions |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 18,774.0 |
Policyholder account balance, end of period | 19,031.5 | 18,774.0
Retirement and Income Solutions | Workplace savings and retirement solutions |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 12,721.5 | 12,154.7
Premiums and deposits | 2,424.5 | 4,441.7
Policy charges | (18.4) | (31.6)
Surrenders, withdrawals and benefit payments | (1,901.3) | (4,356.6)
Net transfers from (to) separate account | (96.8) | 264.8
Interest credited | 182.0 | 280.2
Other | (17.6) | (31.7)
Policyholder account balance, end of period | $ 13,293.9 | $ 12,721.5
Weighted-average crediting rate | 3.00% | 2.54%
Cash surrender value | $ 11,782.8 | $ 11,211.9
Retirement and Income Solutions | Individual variable annuities |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 514.2 | 381.4
Premiums and deposits | 540.0 | 586.7
Policy charges | (0.8) |
Surrenders, withdrawals and benefit payments | (840.9) | (1,123.0)
Net transfers from (to) separate account | 619.7 | 659.3
Interest credited | 4.7 | 9.8
Other | 1.1 |
Policyholder account balance, end of period | $ 838.0 | $ 514.2
Weighted-average crediting rate | 3.47% | 3.22%
Cash surrender value | $ 859.0 | $ 512.6
Retirement and Income Solutions | Individual fixed deferred annuities |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 5,538.3 | 7,228.3
Premiums and deposits | 24.0 | 36.8
Surrenders, withdrawals and benefit payments | (732.5) | (1,888.4)
Interest credited | 69.8 | 161.6
Policyholder account balance, end of period | $ 4,899.6 | $ 5,538.3
Weighted-average crediting rate | 2.99% | 2.84%
Cash surrender value | $ 4,608.9 | $ 5,434.4
Benefits and Protection | Life Insurance | Universal life |  |
Changes in policyholder account balances |  |
Policyholder account balance, beginning of period | 6,910.4 | 6,947.9
Premiums and deposits | 666.0 | 1,260.5
Policy charges | (437.1) | (858.1)
Surrenders, withdrawals and benefit payments | (323.4) | (483.6)
Net transfers from (to) separate account | (66.4) | (197.7)
Interest credited | 147.4 | 242.1
Other | (0.7) | (0.7)
Policyholder account balance, end of period | 6,896.2 | 6,910.4
Reinsurance impact | (3,312.1) | (3,396.8)
Policyholder account balance at end of period after reinsurance | $ 3,584.1 | $ 3,513.6
Weighted-average crediting rate | 4.13% | 4.01%
Net amount at risk | $ 86,091.1 | $ 86,671.0
Cash surrender value | $ 5,973.2 | $ 5,953.0

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