XML 63 R52.htm IDEA: XBRL DOCUMENT v3.23.3
INVESTMENTS - NARRATIVE (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
investment
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
loan
mortgage_loan
investment
Sep. 30, 2022
USD ($)
Debt Securities, Available-for-sale [Line Items]        
Net realized investment gains (losses) $ (29.3) $ (17.7) $ (79.2) $ (99.2)
Change in allowance for credit losses $ 2.3 (7.5) $ 13.7 46.9
Number of investments in default or considered nonperforming | investment 0   0  
Value of available for sale securities sold     $ 527.0 1,321.7
Total fixed maturities, available for sale        
Debt Securities, Available-for-sale [Line Items]        
Gross realized losses on sale $ 9.8 $ 24.4 45.8 81.3
Embedded Derivative Related to Fixed Maturity Securities        
Debt Securities, Available-for-sale [Line Items]        
Change in fair value of certain investments with embedded derivatives     (11.4) (37.4)
Reinsurance Contract | Coinsurance        
Debt Securities, Available-for-sale [Line Items]        
Change in fair value of certain investments with embedded derivatives     (2.5) (16.1)
Marketable Securities        
Debt Securities, Available-for-sale [Line Items]        
Net realized investment gains (losses)     (50.5) 11.9
Equity Securities - Corporate Securities        
Debt Securities, Available-for-sale [Line Items]        
Net realized investment gains (losses)     (1.1) (10.7)
Commercial mortgage-backed securities        
Debt Securities, Available-for-sale [Line Items]        
Gross realized losses on sale     6.0  
Corporate Securities        
Debt Securities, Available-for-sale [Line Items]        
Gross realized losses on sale     37.8 54.3
Non-agency residential mortgage-backed securities        
Debt Securities, Available-for-sale [Line Items]        
Gross realized losses on sale       14.0
States and political subdivisions        
Debt Securities, Available-for-sale [Line Items]        
Gross realized losses on sale       7.3
Various Other Investments        
Debt Securities, Available-for-sale [Line Items]        
Gross realized losses on sale     2.0 $ 5.7
Carrying Value | Residential Mortgage        
Debt Securities, Available-for-sale [Line Items]        
Mortgage loans 571.6   571.6  
Fair Value | Residential Mortgage        
Debt Securities, Available-for-sale [Line Items]        
Mortgage loans 572.4   $ 572.4  
Commercial Portfolio Segment        
Debt Securities, Available-for-sale [Line Items]        
Number of mortgage loans in process of foreclosure | mortgage_loan     0  
Carrying value of loans 1,410.6   $ 1,410.6  
Commercial Portfolio Segment | Carrying Value | Commercial Mortgage        
Debt Securities, Available-for-sale [Line Items]        
Mortgage loans 1,410.6   1,410.6  
Commercial Portfolio Segment | Fair Value | Commercial Mortgage        
Debt Securities, Available-for-sale [Line Items]        
Mortgage loans 1,217.8   $ 1,217.8  
Residential Portfolio Segment | Financial Asset, Past Due        
Debt Securities, Available-for-sale [Line Items]        
Number of mortgage loans noncurrent | loan     5  
Carrying value of loans 2.3   $ 2.3  
Residential Portfolio Segment | Foreclosure | Financial Asset, Past Due        
Debt Securities, Available-for-sale [Line Items]        
Number of mortgage loans noncurrent | loan     4  
Carrying value of loans $ 2.0   $ 2.0