XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.25.3

Accumulated Other Comprehensive Income (Loss) | 9 Months Ended
--- | ---
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Components of our accumulated other comprehensive income (loss), after tax, and related changes are as follows:
| Net Unrealized Loss on Securities |  | Effect of Change in Discount Rate Assumptions on the LFPB 1 |  | Net Loss on Derivatives |  | Foreign Currency Translation Adjustment |  | Unrecognized Pension and Postretirement Benefit Costs |  | Total
| (in millions of dollars)
Balance at June 30, 2025 | $ | (2,253.7) |  |  | $ | 1,058.9 |  |  | $ | (285.0) |  |  | $ | (220.7) |  |  | $ | (340.2) |  |  | $ | (2,040.7) |
Other Comprehensive Income (Loss) Before Reclassifications | 375.8 |  |  | (402.3) |  |  | 20.9 |  |  | (25.4) |  |  | 1.6 |  |  | (29.4) |
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss | (100.3) |  |  | — |  |  | (0.1) |  |  | — |  |  | 3.2 |  |  | (97.2) |
Net Other Comprehensive Income (Loss) | 275.5 |  |  | (402.3) |  |  | 20.8 |  |  | (25.4) |  |  | 4.8 |  |  | (126.6) |
Balance at September 30, 2025 | $ | (1,978.2) |  |  | $ | 656.6 |  |  | $ | (264.2) |  |  | $ | (246.1) |  |  | $ | (335.4) |  |  | $ | (2,167.3) |
Balance at June 30, 2024 | $ | (2,723.8) |  |  | $ | 712.3 |  |  | $ | (164.6) |  |  | $ | (328.4) |  |  | $ | (341.7) |  |  | $ | (2,846.2) |
Other Comprehensive Income (Loss) Before Reclassifications | 1,225.8 |  |  | (1,239.3) |  |  | 58.8 |  |  | 68.5 |  |  | (4.2) |  |  | 109.6 |
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss | 6.8 |  |  | — |  |  | (3.1) |  |  | — |  |  | 3.2 |  |  | 6.9 |
Net Other Comprehensive Income (Loss) | 1,232.6 |  |  | (1,239.3) |  |  | 55.7 |  |  | 68.5 |  |  | (1.0) |  |  | 116.5 |
Balance at September 30, 2024 | $ | (1,491.2) |  |  | $ | (527.0) |  |  | $ | (108.9) |  |  | $ | (259.9) |  |  | $ | (342.7) |  |  | $ | (2,729.7) |
Balance at December 31, 2024 | $ | (2,755.2) |  |  | $ | 1,185.4 |  |  | $ | (270.7) |  |  | $ | (343.0) |  |  | $ | (340.2) |  |  | $ | (2,523.7) |
Other Comprehensive Income (Loss) Before Reclassifications | 695.0 |  |  | (528.8) |  |  | 10.1 |  |  | 96.9 |  |  | (4.8) |  |  | 268.4 |
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss | 82.0 |  |  | — |  |  | (3.6) |  |  | — |  |  | 9.6 |  |  | 88.0 |
Net Other Comprehensive Income (Loss) | 777.0 |  |  | (528.8) |  |  | 6.5 |  |  | 96.9 |  |  | 4.8 |  |  | 356.4 |
Balance at September 30, 2025 | $ | (1,978.2) |  |  | $ | 656.6 |  |  | $ | (264.2) |  |  | $ | (246.1) |  |  | $ | (335.4) |  |  | $ | (2,167.3) |
Balance at December 31, 2023 | $ | (1,919.1) |  |  | $ | (648.4) |  |  | $ | (73.7) |  |  | $ | (321.1) |  |  | $ | (345.7) |  |  | $ | (3,308.0) |
Other Comprehensive Income (Loss) Before Reclassifications | 401.1 |  |  | 121.4 |  |  | (24.3) |  |  | 61.2 |  |  | (6.6) |  |  | 552.8 |
Amounts Reclassified from Accumulated Other Comprehensive Income or Loss | 26.8 |  |  | — |  |  | (10.9) |  |  | — |  |  | 9.6 |  |  | 25.5 |
Net Other Comprehensive Income (Loss) | 427.9 |  |  | 121.4 |  |  | (35.2) |  |  | 61.2 |  |  | 3.0 |  |  | 578.3 |
Balance at September 30, 2024 | $ | (1,491.2) |  |  | $ | (527.0) |  |  | $ | (108.9) |  |  | $ | (259.9) |  |  | $ | (342.7) |  |  | $ | (2,729.7) |
1 Liability for Future Policy Benefits |  |  |  |  |  |  |  |  |  |  |
Amounts reclassified from accumulated other comprehensive loss were recognized in our consolidated statements of income as follows:
|  | Three Months Ended September 30 |  | Nine Months Ended September 30
|  | 2025 |  | 2024 |  | 2025 |  | 2024
|  | (in millions of dollars)
Net Unrealized Loss on Securities |  |  |  |  |  |  |  |
Net Investment Gain (Loss) on Fixed Maturity Securities |  |  |  |  |  |  |  |
Net Gain (Loss) on Sales |  | $ | 127.7 |  |  | $ | (7.4) |  |  | $ | 69.5 |  |  | $ | (28.6) |
Impairment Loss |  | — |  |  | (1.3) |  |  | (160.9) |  |  | (2.5) |
Change in Allowance for Credit Losses |  | (0.8) |  |  | (0.2) |  |  | (12.4) |  |  | (3.1) |
|  | 126.9 |  |  | (8.9) |  |  | (103.8) |  |  | (34.2) |
Income Tax Expense (Benefit) |  | 26.6 |  |  | (2.1) |  |  | (21.8) |  |  | (7.4) |
Total |  | $ | 100.3 |  |  | $ | (6.8) |  |  | $ | (82.0) |  |  | $ | (26.8) |
Net Loss on Derivatives |  |  |  |  |  |  |  |
Net Investment Income |  |  |  |  |  |  |  |
Gain on Interest Rate Swaps and Forwards |  | $ | 1.1 |  |  | $ | 3.4 |  |  | $ | 5.8 |  |  | $ | 13.8 |
Loss on Foreign Currency Interest Rate Swaps |  | — |  |  | — |  |  | — |  |  | (0.1) |
Net Investment Gain (Loss) |  |  |  |  |  |  |  |
Loss on Interest Rate Swaps and Forwards |  | (0.9) |  |  | — |  |  | (0.9) |  |  | — |
Gain (Loss) on Foreign Currency Interest Rate Swaps |  | (0.1) |  |  | 0.6 |  |  | (0.4) |  |  | 0.1 |
|  | 0.1 |  |  | 4.0 |  |  | 4.5 |  |  | 13.8 |
Income Tax Expense |  | — |  |  | 0.9 |  |  | 0.9 |  |  | 2.9 |
Total |  | $ | 0.1 |  |  | $ | 3.1 |  |  | $ | 3.6 |  |  | $ | 10.9 |
Unrecognized Pension and Postretirement Benefit Costs |  |  |  |  |  |  |  |
Other Expenses |  |  |  |  |  |  |  |
Amortization of Net Actuarial Loss |  | $ | (4.2) |  |  | $ | (4.2) |  |  | $ | (12.4) |  |  | $ | (12.4) |
Amortization of Prior Service Credit |  | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.2 |
|  | (4.1) |  |  | (4.1) |  |  | (12.2) |  |  | (12.2) |
Income Tax Benefit |  | (0.9) |  |  | (0.9) |  |  | (2.6) |  |  | (2.6) |
Total |  | $ | (3.2) |  |  | $ | (3.2) |  |  | $ | (9.6) |  |  | $ | (9.6) |

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration