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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Insurance policy income $ 673.4 $ 650.7
Net investment income:    
General account assets 395.0 375.1
Policyholder and other special-purpose portfolios (64.9) (63.6)
Investment losses:    
Realized investment losses (7.8) (3.8)
Other investment losses (14.9) (3.0)
Total investment losses (22.7) (6.8)
Fee revenue and other income 48.8 48.7
Total revenues 1,029.6 1,004.1
Benefits and expenses:    
Insurance policy benefits 576.6 570.0
Liability for future policy benefits remeasurement gain (6.5) (12.2)
Change in fair value of market risk benefits 10.7 15.3
Interest expense 50.9 62.0
Amortization of deferred acquisition costs and present value of future profits 74.2 67.4
Gain on extinguishment of borrowings related to variable interest entities 0.0 (1.5)
Other operating costs and expenses 275.3 275.3
Total benefits and expenses 981.2 976.3
Income before income taxes 48.4 27.8
Income tax expense 10.7 6.3
Net income $ 37.7 $ 21.5
Basic:    
Weighted average shares outstanding (in shares) 94,078 100,743
Net income (in dollars per share) $ 0.40 $ 0.21
Diluted:    
Weighted average shares outstanding (in shares) 96,139 103,070
Net income (in dollars per share) $ 0.39 $ 0.21