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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Insurance policy income $ 2,558.5 $ 2,505.5 $ 2,499.8
Net investment income (loss):      
General account assets 1,419.4 1,250.2 1,179.0
Policyholder and other special-purpose portfolios 329.4 249.5 (163.1)
Investment gains (losses):      
Realized investment losses (75.6) (69.3) (17.9)
Other investment gains (losses) 25.7 0.3 (117.5)
Total investment losses (49.9) (69.0) (135.4)
Fee revenue and other income 192.1 210.6 196.5
Total revenues 4,449.5 4,146.8 3,576.8
Benefits and expenses:      
Insurance policy benefits 2,471.9 2,331.1 1,616.7
Liability for future policy benefits remeasurement loss (41.1) (21.2) (15.6)
Change in fair value of market risk benefits (60.5) (34.2) (141.5)
Interest expense 254.4 238.6 137.0
Amortization of deferred acquisition costs and present value of future profits 251.2 227.4 212.8
Other operating costs and expenses 1,055.3 1,048.3 950.9
Total benefits and expenses 3,931.2 3,790.0 2,760.3
Income before income taxes 518.3 356.8 816.5
Income tax expense 114.3 80.3 185.9
Net income $ 404.0 $ 276.5 $ 630.6
Basic:      
Weighted average shares outstanding (in shares) 106,144 113,275 115,733
Net income (in USD per share) $ 3.81 $ 2.44 $ 5.45
Diluted:      
Weighted average shares outstanding (in shares) 108,116 115,124 117,717
Net income (in USD per share) $ 3.74 $ 2.40 $ 5.36