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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Insurance policy income $ 651.3 $ 641.5 $ 1,302.0 $ 1,269.9
Net investment income:        
General account assets 378.3 351.7 753.4 653.6
Policyholder and other special-purpose portfolios 105.4 57.4 41.8 224.7
Investment gains (losses):        
Realized investment losses (21.3) (26.3) (25.1) (36.3)
Other investment gains (losses) 2.9 9.1 (0.1) 26.9
Total investment losses (18.4) (17.2) (25.2) (9.4)
Fee revenue and other income 34.9 32.8 83.6 83.9
Total revenues 1,151.5 1,066.2 2,155.6 2,222.7
Benefits and expenses:        
Insurance policy benefits 658.4 574.4 1,228.4 1,211.0
Liability for future policy benefits remeasurement loss (12.8) (30.0) (25.0) (36.4)
Change in fair value of market risk benefits (10.9) (5.8) 4.4 (24.7)
Interest expense 59.1 64.2 121.1 124.4
Amortization of deferred acquisition costs and present value of future profits 68.6 61.4 136.0 121.9
Gain on extinguishment of borrowings related to variable interest entities 0.0 0.0 (1.5) 0.0
Other operating costs and expenses 271.1 251.4 546.4 529.7
Total benefits and expenses 1,033.5 915.6 2,009.8 1,925.9
Income before income taxes 118.0 150.6 145.8 296.8
Income tax expense 26.2 34.3 32.5 68.2
Net income $ 91.8 $ 116.3 $ 113.3 $ 228.6
Basic:        
Weighted average shares outstanding (in shares) 98,572 107,731 99,658 108,347
Net income (in dollars per share) $ 0.93 $ 1.08 $ 1.14 $ 2.11
Diluted:        
Weighted average shares outstanding (in shares) 100,386 109,258 101,728 110,052
Net income (in dollars per share) $ 0.91 $ 1.06 $ 1.11 $ 2.08