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v3.25.1

Deferred Acquisition Costs and Other Actuarial Balances - Retirement and Income Solutions - Balances and changes in DAC (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2025 | Dec. 31, 2024
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | $ 4,006.9 |
Ending balance, Deferred acquisition costs | 4,034.1 | $ 4,006.9
Retirement and Income Solutions |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 957.2 |
Ending balance, Deferred acquisition costs | 971.5 | 957.2
Workplace savings and retirement solutions | Retirement and Income Solutions |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 515.5 | 506.4
Costs deferred | 13.3 | 47.7
Amortized to expense | (9.4) | (38.6)
Ending balance, Deferred acquisition costs | 519.4 | 515.5
Individual variable annuities | Retirement and Income Solutions |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 323.4 | 279.5
Costs deferred | 22.0 | 72.7
Amortized to expense | (8.2) | (28.8)
Ending balance, Deferred acquisition costs | 337.2 | 323.4
Pension risk transfer | Retirement and Income Solutions |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 21.1 | 15.4
Costs deferred | 1.5 | 6.6
Amortized to expense | (0.3) | (0.9)
Ending balance, Deferred acquisition costs | 22.3 | 21.1
Individual fixed deferred annuities | Retirement and Income Solutions |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 84.2 | 106.1
Amortized to expense | (4.4) | (21.9)
Ending balance, Deferred acquisition costs | 79.8 | 84.2
Investment only | Retirement and Income Solutions |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 13.0 | 11.5
Costs deferred | 1.1 | 6.5
Amortized to expense | (1.3) | (5.0)
Ending balance, Deferred acquisition costs | $ 12.8 | $ 13.0

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