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v3.25.2

Deferred Acquisition Costs and Other Actuarial Balances - Benefits and Protection - Balances and changes in DAC (Details) - USD ($) $ in Millions | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2025 | Dec. 31, 2024
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | $ 4,006.9 |
Ending balance, Deferred acquisition costs | 4,048.0 | $ 4,006.9
Benefits and Protection |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 3,013.2 |
Ending balance, Deferred acquisition costs | 3,019.3 | 3,013.2
Individual disability | Benefits and Protection | Specialty Benefits |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 696.9 | 667.7
Costs deferred | 35.1 | 79.0
Amortized to expense | (26.8) | (49.8)
Ending balance, Deferred acquisition costs | 705.2 | 696.9
Universal life | Benefits and Protection | Life Insurance |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 1,527.7 | 1,545.3
Costs deferred | 43.4 | 76.7
Amortized to expense | (47.5) | (94.3)
Ending balance, Deferred acquisition costs | 1,523.6 | 1,527.7
Term life | Benefits and Protection | Life Insurance |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 710.8 | 695.1
Costs deferred | 36.7 | 78.3
Amortized to expense | (31.4) | (62.6)
Ending balance, Deferred acquisition costs | 716.1 | 710.8
Participating life | Benefits and Protection | Life Insurance |  |
Deferred Acquisition Costs |  |
Beginning balance, Deferred acquisition costs | 77.8 | 84.7
Costs deferred | 0.7 | 1.7
Amortized to expense | (4.1) | (8.6)
Ending balance, Deferred acquisition costs | $ 74.4 | $ 77.8

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