Percentage of investments recorded at fair value

$ 4,250,200,000

$ 2,630,200,000

94.00%

91.00%

Minimum percentage of variation expected

$ 5,039,700,000

$ 4,050,900,000

$ 3,343,600,000

5.00%

Minimum variation expected

$ 1,000,000

US Government and agency obligations

Debt securities issued by corporations

278,300,000

160,000,000

1,509,400,000

1,000,000,000

Mortgage and asset-backed securities

1,509,400,000

1,000,000,000

2,132,900,000

1,167,000,000

2,132,900,000

1,167,000,000

Preferred stocks

14,000,000

82,700,000

Municipal obligations

Foreign government, agency and provincial obligations

309,000,000

228,800,000

13,200,000

1,200,000

Level 1

612,500,000

1,152,200,000

550,600,000

Level 2

Level 2 | Mortgage and asset-backed securities

4,118,500,000

2,531,400,000

2,372,900,000

Level 3 Inputs | Mortgage and asset-backed securities

2,132,900,000

1,167,000,000

Level 3 Inputs | Fixed maturity investments

Level 3 Inputs | Common equity securities

70,000,000

76,400,000

Level 3 Inputs | Other long-term investments

39,500,000

Fair value measured on a recurring basis

177,700,000

169,500,000

125,900,000

Fair value measured on a recurring basis | US Government and agency obligations

5,195,900,000

4,134,400,000

Fair value measured on a recurring basis | Debt securities issued by corporations

278,300,000

160,000,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Financials

1,509,400,000

1,000,000,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Consumer

176,000,000

175,900,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Industrial

385,600,000

253,300,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Communications

146,400,000

135,600,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Utilities

131,400,000

49,200,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Energy

180,300,000

61,500,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Basic Materials

53,500,000

82,000,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Technology

102,600,000

31,200,000

Fair value measured on a recurring basis | Debt securities issued by corporations | Health Care [Member]

89,400,000

60,000,000

Fair value measured on a recurring basis | Mortgage and asset-backed securities

244,200,000

151,300,000

Fair value measured on a recurring basis | Preferred stocks

2,132,900,000

1,167,000,000

Fair value measured on a recurring basis | Municipal obligations

14,000,000

82,700,000

Fair value measured on a recurring basis | Foreign government, agency and provincial obligations

309,000,000

228,800,000

Fair value measured on a recurring basis | Fixed maturity investments

13,200,000

1,200,000

Fair value measured on a recurring basis | Short-term investments

4,256,800,000

2,639,700,000

Fair value measured on a recurring basis | Common equity securities | Financials

287,100,000

211,300,000

376,800,000

Fair value measured on a recurring basis | Common equity securities | Consumer

11,600,000

653,200,000

Fair value measured on a recurring basis | Common equity securities | Industrial

12,900,000

70,000,000

Fair value measured on a recurring basis | Common equity securities | Communications

2,200,000

26,600,000

Fair value measured on a recurring basis | Common equity securities | Energy

10,500,000

43,700,000

Fair value measured on a recurring basis | Common equity securities | Technology

3,700,000

Fair value measured on a recurring basis | Common equity securities | Other

11,000,000

27,000,000

Fair value measured on a recurring basis | Common equity securities | Exchange Traded Funds [Member]

79,900,000

74,400,000

Fair value measured on a recurring basis | Common equity securities | Health Care [Member]

321,600,000

183,300,000

Fair value measured on a recurring basis | Common equity securities | Common equity securities

20,900,000

35,700,000

Fair value measured on a recurring basis | Other long-term investments

474,300,000

1,113,900,000

Fair value measured on a recurring basis | Level 1

177,700,000

169,500,000

Fair value measured on a recurring basis | Level 1 | US Government and agency obligations

887,000,000

1,363,500,000

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations

268,800,000

133,400,000

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Financials

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Consumer

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Industrial

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Communications

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Utilities

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Energy

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Basic Materials

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Technology

Fair value measured on a recurring basis | Level 1 | Debt securities issued by corporations | Health Care [Member]

Fair value measured on a recurring basis | Level 1 | Mortgage and asset-backed securities

Fair value measured on a recurring basis | Level 1 | Preferred stocks

Fair value measured on a recurring basis | Level 1 | Municipal obligations

Fair value measured on a recurring basis | Level 1 | Foreign government, agency and provincial obligations

Fair value measured on a recurring basis | Level 1 | Fixed maturity investments

600,000

Fair value measured on a recurring basis | Level 1 | Short-term investments

269,400,000

134,000,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Financials

274,400,000

211,300,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Consumer

11,600,000

653,200,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Industrial

12,900,000

70,000,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Communications

2,200,000

26,600,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Energy

10,500,000

43,700,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Technology

3,700,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Other

11,000,000

27,000,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Exchange Traded Funds [Member]

Fair value measured on a recurring basis | Level 1 | Common equity securities | Health Care [Member]

270,400,000

162,000,000

Fair value measured on a recurring basis | Level 1 | Common equity securities | Common equity securities

20,900,000

35,700,000

Fair value measured on a recurring basis | Level 1 | Other long-term investments

343,200,000

1,018,200,000

Fair value measured on a recurring basis | Level 2

Fair value measured on a recurring basis | Level 2 | US Government and agency obligations

4,131,200,000

2,531,400,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations

9,500,000

26,600,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Financials

1,509,400,000

1,000,000,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Consumer

176,000,000

175,900,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Industrial

385,600,000

253,300,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Communications

146,400,000

135,600,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Utilities

131,400,000

49,200,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Energy

180,300,000

61,500,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Basic Materials

53,500,000

82,000,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Technology

102,600,000

31,200,000

Fair value measured on a recurring basis | Level 2 | Debt securities issued by corporations | Health Care [Member]

89,400,000

60,000,000

Fair value measured on a recurring basis | Level 2 | Mortgage and asset-backed securities

244,200,000

151,300,000

Fair value measured on a recurring basis | Level 2 | Preferred stocks

2,132,900,000

1,167,000,000

Fair value measured on a recurring basis | Level 2 | Municipal obligations

14,000,000

12,700,000

Fair value measured on a recurring basis | Level 2 | Foreign government, agency and provincial obligations

309,000,000

228,800,000

Fair value measured on a recurring basis | Level 2 | Fixed maturity investments

12,600,000

600,000

Fair value measured on a recurring basis | Level 2 | Short-term investments

3,987,400,000

2,435,700,000

Fair value measured on a recurring basis | Level 2 | Common equity securities | Financials

12,700,000

Fair value measured on a recurring basis | Level 2 | Common equity securities | Consumer

Fair value measured on a recurring basis | Level 2 | Common equity securities | Industrial

Fair value measured on a recurring basis | Level 2 | Common equity securities | Communications

Fair value measured on a recurring basis | Level 2 | Common equity securities | Energy

Fair value measured on a recurring basis | Level 2 | Common equity securities | Technology

Fair value measured on a recurring basis | Level 2 | Common equity securities | Other

Fair value measured on a recurring basis | Level 2 | Common equity securities | Exchange Traded Funds [Member]

79,900,000

74,400,000

Fair value measured on a recurring basis | Level 2 | Common equity securities | Health Care [Member]

51,200,000

21,300,000

Fair value measured on a recurring basis | Level 2 | Common equity securities | Common equity securities

Fair value measured on a recurring basis | Level 2 | Other long-term investments

131,100,000

95,700,000

Fair value measured on a recurring basis | Level 3 Inputs

Fair value measured on a recurring basis | Level 3 Inputs | US Government and agency obligations

177,700,000

239,500,000

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Financials

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Consumer

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Industrial

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Communications

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Utilities

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Energy

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Basic Materials

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Technology

Fair value measured on a recurring basis | Level 3 Inputs | Debt securities issued by corporations | Health Care [Member]

Fair value measured on a recurring basis | Level 3 Inputs | Mortgage and asset-backed securities

Fair value measured on a recurring basis | Level 3 Inputs | Preferred stocks

Fair value measured on a recurring basis | Level 3 Inputs | Municipal obligations

70,000,000

Fair value measured on a recurring basis | Level 3 Inputs | Foreign government, agency and provincial obligations

Fair value measured on a recurring basis | Level 3 Inputs | Fixed maturity investments

Fair value measured on a recurring basis | Level 3 Inputs | Short-term investments

70,000,000

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Financials

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Consumer

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Industrial

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Communications

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Energy

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Technology

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Other

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Exchange Traded Funds [Member]

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Health Care [Member]

Fair value measured on a recurring basis | Level 3 Inputs | Common equity securities | Common equity securities

Fair value measured on a recurring basis | Level 3 Inputs | Other long-term investments

Carrying value of investment accounted for using the equity method

177,700,000

169,500,000

3,500,000

3,800,000

5,200,000

Fair value measured on a recurring basis | Level 3 Inputs | Forward Contracts [Member]

Affordable Housing Development Fund [Member] | Other long-term investments

(1,200,000)

Practical Expedient [Member] | Total hedge and private equity funds included in other long-term investments

12,300,000

14,700,000

16,800,000

Star & Shield Insurance Exchange [Member]

131,000,000.0

127,800,000.0

Investments reclassified to assets held for sale

6,600,000

9,500,000

Star & Shield Insurance Exchange [Member] | Fixed maturity investments

Star & Shield Insurance Exchange [Member] | Short-term investments

6,600,000

9,500,000

$ 10,100,000