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Fair Value of Financial Instruments Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Sep. 30, 2016
Fair Value Disclosures [Abstract] |
Assets and Liabilities Carrying at Fair Value on Recurring Basis |
| September 30, 2016 |  | September 30, 2015
Assets | Level 1 |  | Level 2 |  | Level 3 |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
Fixed maturity and equity securities included in funds withheld receivables | $ | 69.9 |  |  | $ | 1,387.1 |  |  | $ | 78.1 |  |  | $ | 1,535.1 |  |  | $ | 8.4 |  |  | $ | 1,555.0 |  |  | $ | 74.7 |  |  | $ | 1,638.1 |
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Call option receivable from FGL included in funds withheld receivables | — |  |  | 11.3 |  |  | — |  |  | 11.3 |  |  | — |  |  | 5.4 |  |  | — |  |  | 5.4 |
Call options | — |  |  | 5.9 |  |  | — |  |  | 5.9 |  |  | — |  |  | 1.0 |  |  | — |  |  | 1.0 |
Foreign exchange contracts | — |  |  | 5.8 |  |  | — |  |  | 5.8 |  |  | — |  |  | 6.0 |  |  | — |  |  | 6.0 |
Commodity contracts | — |  |  | 2.9 |  |  | — |  |  | 2.9 |  |  | — |  |  | — |  |  | — |  |  | — |
Corporate fixed maturity securities AFS | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14.1 |  |  | 14.1 |
Equity securities - trading | — |  |  | — |  |  | — |  |  | — |  |  | 32.8 |  |  | — |  |  | — |  |  | 32.8 |
Other invested assets | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2.8 |  |  | 2.8 |
Total financial assets | $ | 69.9 |  |  | $ | 1,413.0 |  |  | $ | 78.1 |  |  | $ | 1,561.0 |  |  | $ | 41.2 |  |  | $ | 1,567.4 |  |  | $ | 91.6 |  |  | $ | 1,700.2 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Front Street future policyholder benefit liability | $ | — |  |  | $ | — |  |  | $ | 631.8 |  |  | $ | 631.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 629.2 |  |  | $ | 629.2 |
Derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Embedded derivatives in Front Street's assumed FIA business | — |  |  | — |  |  | 131.2 |  |  | 131.2 |  |  | — |  |  | — |  |  | 142.3 |  |  | 142.3 |
Commodity contracts | — |  |  | 0.1 |  |  | — |  |  | 0.1 |  |  | — |  |  | 5.6 |  |  | — |  |  | 5.6 |
Interest rate contracts | — |  |  | 1.1 |  |  | — |  |  | 1.1 |  |  | — |  |  | 2.6 |  |  | — |  |  | 2.6 |
Foreign exchange contracts | — |  |  | 2.0 |  |  | — |  |  | 2.0 |  |  | — |  |  | 12.6 |  |  | — |  |  | 12.6 |
Total financial liabilities | $ | — |  |  | $ | 3.2 |  |  | $ | 763.0 |  |  | $ | 766.2 |  |  | $ | — |  |  | $ | 20.8 |  |  | $ | 771.5 |  |  | $ | 792.3 |
Schedule of Unobservable Inputs Used for Level Three Fair Value Measurements of Financial Instruments on Recurring Basis | Quantitative information regarding significant unobservable inputs used for recurring Level 3 fair value measurements of financial instruments carried at fair value as of September 30, 2016 and 2015 were as follows:
|  | Fair Value at |  |  |  |  |  | Range (Weighted average)
Assets |  | September 30, 2016 |  | September 30, 2015 |  | Valuation Technique |  | Unobservable Input(s) |  | September 30, 2016 |  | September 30, 2015
Corporate fixed maturity securities |  | $ | — |  |  | $ | 14.1 |  |  | Broker-quoted |  | Offered quotes |  | —% |  | 83%
Other invested assets |  | — |  |  | 2.8 |  |  | Discounted Cash Flow |  | Probability of collection |  | —% |  | 50%
|  |  |  |  |  |  |  | Discount rate |  | —% |  | 10%
Funds withheld receivables |  |  |  |  |  |  |  |  |  |  |  |
Fixed maturity and equity securities |  | 35.2 |  |  | 39.1 |  |  | Matrix pricing |  | Quoted prices |  | 98% - 122% (109%) |  | 100% - 122% (112%)
Fixed maturity securities |  | 5.4 |  |  | 19.2 |  |  | Loan Recovery Value |  | Recovery rate |  | 56% - 100% (82%) |  | 6% - 12% (8%)
Fixed maturity securities |  | 35.7 |  |  | 6.7 |  |  | Broker-quoted |  | Offered quotes |  | 97% - 100% (100%) |  | 99% - 103% (101%)
Loan participations |  | 1.8 |  |  | 9.7 |  |  | Loan Recovery Value |  | Recovery rate |  | 52% - 100% (71%) |  | 100%
Total |  | $ | 78.1 |  |  | $ | 91.6 |  |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Front Street future policyholder benefit liability |  | $ | 631.8 |  |  | $ | 629.2 |  |  | Discounted cash flow |  | Non-performance risk spread |  | 0.32% |  | 0.16% - 0.46%
|  |  |  |  |  |  |  | Risk margin to reflect uncertainty |  | 0.50% |  | 0.50% - 1.00%
Embedded derivatives in Front Street’s assumed FIA business |  | 131.2 |  |  | 142.3 |  |  | Discounted cash flow |  | Market value of option |  | 0% - 27% (2%) |  | 0% - 32% (1%)
|  |  |  |  |  |  |  | SWAP rates |  | 1% |  | 2%
|  |  |  |  |  |  |  | Mortality multiplier |  | 80% |  | 80%
|  |  |  |  |  |  |  | Surrender rates |  | 0.50% - 75% (10%) |  | 0.50% - 75% (13%)
|  |  |  |  |  |  |  | Non-performance risk spread |  | 0.25% |  | 0.25%
Total |  | $ | 763.0 |  |  | $ | 771.5 |  |  |  |  |  |  |  |  |
Changes in Fair Value of Financial Instruments | The following tables summarize changes to the Company’s financial instruments carried at fair value and classified within Level 3 of the fair value hierarchy for Fiscal 2016, 2015 and 2014. The gains and losses below may include changes in fair value due in part to observable inputs that are a component of the valuation methodology.
| Fiscal 2016
| Balance at Beginning of Period |  | Total Gains (Losses) |  |  |  |  |  |  |  | Net transfer In (Out) of Level 3 (a) |  | Balance at End of Period
|  | Included in Earnings |  | Included in AOCI |  | Purchases |  | Sales |  | Settlements |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate fixed maturity securities | $ | 14.1 |  |  | $ | (0.5 | ) |  | $ | — |  |  | $ | — |  |  | $ | (13.6 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |
Other invested assets | 2.8 |  |  | 2.7 |  |  | — |  |  | — |  |  | — |  |  | (5.5 | ) |  | — |  |  | — |
Funds withheld receivables | 74.7 |  |  | (3.6 | ) |  | — |  |  | 36.2 |  |  | (34.4 | ) |  | — |  |  | 5.2 |  |  | 78.1 |
Total assets at fair value | $ | 91.6 |  |  | $ | (1.4 | ) |  | $ | — |  |  | $ | 36.2 |  |  | $ | (48.0 | ) |  | $ | (5.5 | ) |  | $ | 5.2 |  |  | $ | 78.1 |
| Balance at Beginning of Period |  | Total (Gains) Losses |  |  |  |  |  |  |  | Net transfer In (Out) of Level 3 |  | Balance at End of Period
|  | Included in Earnings |  | Included in AOCI |  | Purchases |  | Sales |  | Settlements |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Front Street future policyholder benefit liability | $ | 629.2 |  |  | $ | 59.5 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (56.9 | ) |  | $ | — |  |  | $ | 631.8 |
Embedded derivatives in Front Street’s assumed FIA business | 142.3 |  |  | (11.1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 131.2 |
Total liabilities at fair value | $ | 771.5 |  |  | $ | 48.4 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (56.9 | ) |  | $ | — |  |  | $ | 763.0 |
(a) During Fiscal 2016, the net transfer to Level 3 was exclusively from Level 2. The transfers into Level 3 were related to changes in the primary pricing source and changes in the observability of external information used in determining the fair value.
| Fiscal 2015
| Balance at Beginning of Period |  | Total Gains (Losses) |  |  |  |  |  |  |  | Net transfer In (Out) of Level 3 (a) |  | Balance at End of Period
|  | Included in Earnings |  | Included in AOCI |  | Purchases |  | Sales |  | Settlements |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contingent purchase price reduction receivable | $ | 41.5 |  |  | $ | 8.5 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (50.0 | ) |  | $ | — |  |  | $ | — |
Corporate fixed maturity securities | 16.3 |  |  | (2.2 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14.1 |
Other invested assets | — |  |  | (16.3 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | 19.1 |  |  | 2.8 |
Funds withheld receivables | 58.9 |  |  | (0.5 | ) |  | — |  |  | 30.4 |  |  | (14.1 | ) |  | — |  |  | — |  |  | 74.7 |
Total assets at fair value | $ | 116.7 |  |  | $ | (10.5 | ) |  | $ | — |  |  | $ | 30.4 |  |  | $ | (14.1 | ) |  | $ | (50.0 | ) |  | $ | 19.1 |  |  | $ | 91.6 |
| Balance at Beginning of Period |  | Total (Gains) Losses |  |  |  |  |  |  |  | Net transfer In (Out) of Level 3 |  | Balance at End of Period
|  | Included in Earnings |  | Included in AOCI |  | Purchases |  | Sales |  | Settlements |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Front Street future policyholder benefit liability | $ | 151.3 |  |  | $ | 24.3 |  |  | $ | — |  |  | $ | 444.2 |  |  | $ | — |  |  | $ | 9.4 |  |  | $ | — |  |  | $ | 629.2 |
Embedded derivatives in Front Street’s assumed FIA business | 150.8 |  |  | (8.5 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 142.3 |
Total liabilities at fair value | $ | 302.1 |  |  | $ | 15.8 |  |  | $ | — |  |  | $ | 444.2 |  |  | $ | — |  |  | $ | 9.4 |  |  | $ | — |  |  | $ | 771.5 |
(a) During Fiscal 2015, the net transfer to Level 3 was related to a loan receivable previously classified as a related party loan.
| Fiscal 2014
| Balance at Beginning of Period |  | Total Gains (Losses) |  |  |  |  |  |  |  | Net transfer In (Out) of Level 3 |  | Balance at End of Period
|  | Included in Earnings |  | Included in AOCI |  | Purchases |  | Sales |  | Settlements |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contingent purchase price reduction receivable | $ | 41.0 |  |  | $ | 0.5 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 41.5 |
Corporate fixed maturity securities | — |  |  | — |  |  | — |  |  | 16.3 |  |  | — |  |  | — |  |  | — |  |  | 16.3 |
Equity securities - trading | 10.7 |  |  | 1.3 |  |  | — |  |  | 1.5 |  |  | — |  |  | (13.5 | ) |  | — |  |  | — |
Funds withheld receivables | 34.6 |  |  | 1.5 |  |  | — |  |  | 23.5 |  |  | (0.7 | ) |  | — |  |  | — |  |  | 58.9 |
Total assets at fair value | $ | 86.3 |  |  | $ | 3.3 |  |  | $ | — |  |  | $ | 41.3 |  |  | $ | (0.7 | ) |  | $ | (13.5 | ) |  | $ | — |  |  | $ | 116.7 |
| Balance at Beginning of Period |  | Total (Gains) Losses |  |  |  |  |  |  |  | Net transfer In (Out) of Level 3 |  | Balance at End of Period
|  | Included in Earnings |  | Included in AOCI |  | Purchases |  | Sales |  | Settlements |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Front Street future policyholder benefit liability | $ | — |  |  | $ | 7.0 |  |  | $ | — |  |  | $ | 150.6 |  |  | $ | — |  |  | $ | (6.3 | ) |  | $ | — |  |  | $ | 151.3 |
Embedded derivatives in Front Street's assumed FIA business | 140.5 |  |  | 10.3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 150.8 |
Equity conversion feature of preferred stock | 330.8 |  |  | 12.7 |  |  | — |  |  | — |  |  | — |  |  | (343.5 | ) |  | — |  |  | — |
Total liabilities at fair value | $ | 471.3 |  |  | $ | 30.0 |  |  | $ | — |  |  | $ | 150.6 |  |  | $ | — |  |  | $ | (349.8 | ) |  | $ | — |  |  | $ | 302.1 |
Schedule of Assets and Liabilities not Measured at Fair Value | Financial Assets and Liabilities Not Measured at Fair Value The carrying amount, estimated fair value and the level of the fair value hierarchy of the Company’s financial instrument assets and liabilities which are not measured at fair value in the accompanying Consolidated Balance Sheets are summarized as follows:
| September 30, 2016
| Level 1 |  | Level 2 |  | Level 3 |  | Fair Value |  | Carrying Amount
Assets (a) |  |  |  |  |  |  |  |  |
Asset-based loans, included in other assets | $ | — |  |  | $ | — |  |  | $ | 35.0 |  |  | $ | 35.0 |  |  | $ | 35.0 |
Policy loans, included in funds withheld receivables | — |  |  | — |  |  | 8.5 |  |  | 8.5 |  |  | 8.5 |
Total financial assets | $ | — |  |  | $ | — |  |  | $ | 43.5 |  |  | $ | 43.5 |  |  | $ | 43.5 |
Liabilities (a) |  |  |  |  |  |  |  |  |
Investment contracts, included in contractholder funds and other insurance reserves | $ | — |  |  | $ | — |  |  | $ | 922.9 |  |  | $ | 922.9 |  |  | $ | 988.3 |
Total debt (b) | — |  |  | 5,700.1 |  |  | 29.1 |  |  | 5,729.2 |  |  | 5,430.9 |
Total financial liabilities | $ | — |  |  | $ | 5,700.1 |  |  | $ | 952.0 |  |  | $ | 6,652.1 |  |  | $ | 6,419.2 |
| September 30, 2015
| Level 1 |  | Level 2 |  | Level 3 |  | Fair Value |  | Carrying Amount
Assets (a) |  |  |  |  |  |  |  |  |
Asset-based loans, included in other assets | $ | — |  |  | $ | — |  |  | $ | 226.7 |  |  | $ | 226.7 |  |  | $ | 226.7 |
Policy loans, included in funds withheld receivables | — |  |  | — |  |  | 9.0 |  |  | 9.0 |  |  | 9.0 |
Other invested assets, included in other assets | — |  |  | — |  |  | 2.5 |  |  | 2.5 |  |  | 2.5 |
Total financial assets | $ | — |  |  | $ | — |  |  | $ | 238.2 |  |  | $ | 238.2 |  |  | $ | 238.2 |
Liabilities (a) |  |  |  |  |  |  |  |  |
Investment contracts, included in contractholder funds and other insurance reserves | $ | — |  |  | $ | — |  |  | $ | 960.3 |  |  | $ | 960.3 |  |  | $ | 1,084.5 |
Total debt (b) | — |  |  | 6,071.0 |  |  | 99.1 |  |  | 6,170.1 |  |  | 5,984.6 |
Total financial liabilities | $ | — |  |  | $ | 6,071.0 |  |  | $ | 1,059.4 |  |  | $ | 7,130.4 |  |  | $ | 7,069.1 |
(a) The carrying amounts of cash and cash equivalents, trade receivables, accounts payable and accrued investment income approximate fair value due to their short duration and, accordingly, they are not presented in the tables above. (b) The fair values of debt set forth above are generally based on quoted or observed market prices.

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- Definition Fair value assets and liabilities measured on recurring basis unobservable input reconciliation. + References No definition available. + Details
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- Definition Schedule of Financial Assets and Liabilities Not Measured at Fair Value [Table Text Block] + References No definition available. + Details
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- Definition Unobservable Data Used In Recurring Valuations Of Level Three [Table Text Block] + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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