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v3.22.2.2

Fair Value of Financial Instruments - Rollforward of Instruments Measured on Recurring Basis (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Financial Assets |  |  |  |
Beginning balance | $ 420.0 | $ 324.9 | $ 371.4 | $ 355.1
Transfers into Level 3 | 33.5 | 59.7 | 179.3 | 118.5
Transfers out of Level 3 | (34.8) | 0.0 | (42.9) | (75.9)
Total gains or losses |  |  |  |
Net investment losses included in net income related to financial assets | (0.9) | (6.5) | (3.2) | (7.6)
Net unrealized investment gains (losses) included in OCI | (16.6) | 6.2 | (41.6) | 8.8
Purchases | 16.5 | 0.0 | 21.4 | 0.0
Issuances | 0.0 | 0.0 | 0.0 | 0.0
Sales | 0.0 | 0.0 | (2.1) | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | (15.4) | (22.2) | (80.0) | (36.8)
Ending balance | 402.3 | 362.1 | 402.3 | 362.1
Financial Liabilities |  |  |  |
Beginning balance | 93.2 | 108.9 | 106.6 | 104.5
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | 0.0
Total gains or losses |  |  |  |
Net investment (gains) losses included in net income related to financial liabilities | (4.6) | (0.7) | (14.4) | (8.2)
Net unrealized investment gains (losses) included in OCI | 0.0 | 0.0 | 0.0 | 0.0
Purchases | 0.0 | 0.0 | 0.0 | 0.0
Issuances | 2.7 | 1.4 | 4.8 | 3.3
Sales | 0.0 | 0.0 | 0.0 | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | (1.4) | (4.3) | (7.1) | (9.3)
Ending balance | 89.9 | 106.7 | 89.9 | 106.7
Municipal bonds |  |  |  |
Financial Assets |  |  |  |
Beginning balance | 51.0 | 58.6 | 60.8 | 59.6
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0
Transfers out of Level 3 | 0.0 | 0.0 | (3.2) | 0.0
Total gains or losses |  |  |  |
Net investment losses included in net income related to financial assets | 0.0 | 0.0 | 0.0 | 0.0
Net unrealized investment gains (losses) included in OCI | (5.3) | (0.3) | (11.6) | (0.9)
Purchases | 0.2 | 0.0 | 0.2 | 0.0
Issuances | 0.0 | 0.0 | 0.0 | 0.0
Sales | 0.0 | 0.0 | 0.0 | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | 7.4 | (0.1) | 7.1 | (0.5)
Ending balance | 53.3 | 58.2 | 53.3 | 58.2
Corporate bonds |  |  |  |
Financial Assets |  |  |  |
Beginning balance | 270.5 | 150.5 | 210.3 | 155.8
Transfers into Level 3 | 20.5 | 55.7 | 144.0 | 108.3
Transfers out of Level 3 | (34.8) | 0.0 | (34.9) | (56.7)
Total gains or losses |  |  |  |
Net investment losses included in net income related to financial assets | 0.0 | 0.0 | 0.0 | 0.0
Net unrealized investment gains (losses) included in OCI | (7.4) | (0.1) | (18.7) | 1.0
Purchases | 8.4 | 0.0 | 13.3 | 0.0
Issuances | 0.0 | 0.0 | 0.0 | 0.0
Sales | 0.0 | 0.0 | 0.0 | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | (17.4) | (1.1) | (74.2) | (3.4)
Ending balance | 239.8 | 205.0 | 239.8 | 205.0
Mortgage Backed and Other Asset- Backed Securities |  |  |  |
Financial Assets |  |  |  |
Beginning balance | 97.1 | 115.5 | 98.9 | 139.4
Transfers into Level 3 | 12.2 | 4.0 | 34.5 | 10.2
Transfers out of Level 3 | 0.0 | 0.0 | (4.8) | (19.2)
Total gains or losses |  |  |  |
Net investment losses included in net income related to financial assets | (0.8) | (6.6) | (3.1) | (7.7)
Net unrealized investment gains (losses) included in OCI | (3.9) | 6.6 | (11.3) | 8.7
Purchases | 7.9 | 0.0 | 7.9 | 0.0
Issuances | 0.0 | 0.0 | 0.0 | 0.0
Sales | 0.0 | 0.0 | (2.1) | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | (5.3) | (21.0) | (12.8) | (32.9)
Ending balance | 107.2 | 98.5 | 107.2 | 98.5
Total Fixed Maturity Securities |  |  |  |
Financial Assets |  |  |  |
Beginning balance | 418.6 | 324.6 | 370.0 | 354.8
Transfers into Level 3 | 32.7 | 59.7 | 178.5 | 118.5
Transfers out of Level 3 | (34.8) | 0.0 | (42.9) | (75.9)
Total gains or losses |  |  |  |
Net investment losses included in net income related to financial assets | (0.8) | (6.6) | (3.1) | (7.7)
Net unrealized investment gains (losses) included in OCI | (16.6) | 6.2 | (41.6) | 8.8
Purchases | 16.5 | 0.0 | 21.4 | 0.0
Issuances | 0.0 | 0.0 | 0.0 | 0.0
Sales | 0.0 | 0.0 | (2.1) | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | (15.3) | (22.2) | (79.9) | (36.8)
Ending balance | 400.3 | 361.7 | 400.3 | 361.7
Equity securities |  |  |  |
Financial Assets |  |  |  |
Beginning balance | 1.4 | 0.3 | 1.4 | 0.3
Transfers into Level 3 | 0.8 | 0.0 | 0.8 | 0.0
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | 0.0
Total gains or losses |  |  |  |
Net investment losses included in net income related to financial assets | (0.1) | 0.1 | (0.1) | 0.1
Net unrealized investment gains (losses) included in OCI | 0.0 | 0.0 | 0.0 | 0.0
Purchases | 0.0 | 0.0 | 0.0 | 0.0
Issuances | 0.0 | 0.0 | 0.0 | 0.0
Sales | 0.0 | 0.0 | 0.0 | 0.0
Settlements | 0.0 | 0.0 | 0.0 | 0.0
Paydowns, maturities and distributions | (0.1) | 0.0 | (0.1) | 0.0
Ending balance | $ 2.0 | $ 0.4 | $ 2.0 | $ 0.4

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