Funds Withheld Receivables Funds Withheld Receivbles (Tables)

12 Months Ended

Sep. 30, 2016

Schedule of Available-for-sale Securities [Line Items]

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

Details underlying write-downs taken as a result of OTTI that were recognized in “Net (loss) income” and included in “Net investment gains (losses)” were as follows:

	Fiscal
	2016		2015		2014
OTTI recognized in net (loss) income:
Corporates	$	7.4	$	2.2	$	3.0
Asset/Mortgage-backed securities	—		0.1		—
Total	$	7.4	$	2.3	$	3.0

Available-for-Sale Securities

	September 30, 2016
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Carrying Value
Funds withheld receivables with FGL
Corporates	$	638.5	$	18.2	$	(29.5	)	$	627.2	$	627.2
Asset/Mortgage-backed securities	238.8		0.6		(7.9		)	231.5		231.5
Municipals	12.1		0.7		—			12.8		12.8
Government bonds	1.1		—		—			1.1		1.1
Preferred stock	8.8		0.3		(0.9		)	8.2		8.2
Total funds withheld receivables with FGL	899.3		19.8		(38.3		)	880.8		880.8
Funds withheld receivables with third parties
Corporates	390.0		18.8		(2.7		)	406.1		406.1
Asset/Mortgage-backed securities	118.7		1.9		(1.7		)	118.9		118.9
Municipals	49.5		4.1		—			53.6		53.6
Government bonds	67.7		1.3		(0.2		)	68.8		68.8
Agency bonds	6.6		0.3		—			6.9		6.9
Total funds withheld receivables with third parties	632.5		26.4		(4.6		)	654.3		654.3
Total fixed maturity and equity securities included in funds withheld receivables	1,531.8		46.2		(42.9		)	1,535.1		1,535.1
Call option receivable from FGL included in funds withheld receivables	9.8		1.5		—			11.3		11.3
Accrued interest	17.8		—		—			17.8		17.8
Net receivables	77.7		—		—			77.7		77.7
Policy loans and other	8.5		—		—			8.5		8.5
Total funds withheld receivables	$	1,645.6	$	47.7	$	(42.9	)	$	1,650.4	$	1,650.4

	September 30, 2015
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Carrying Value
Funds withheld receivables with FGL
Corporates	$	740.4	$	4.5	$	(67.9	)	$	677.0	$	677.0
Asset/Mortgage-backed securities	274.6		1.3		(6.6		)	269.3		269.3
Municipals	28.5		0.1		(0.6		)	28.0		28.0
Preferred stock	38.9		1.4		(1.0		)	39.3		39.3
Total funds withheld receivables with FGL	1,082.4		7.3		(76.1		)	1,013.6		1,013.6
Funds withheld receivables with third parties
Corporates	420.8		3.7		(18.5		)	406.0		406.0
Asset/Mortgage-backed securities	125.4		1.3		(1.0		)	125.7		125.7
Municipals	72.9		0.8		(0.7		)	73.0		73.0
Government bonds	8.3		0.1		—			8.4		8.4
Agency bonds	11.5		—		(0.1		)	11.4		11.4
Total funds withheld receivables with third parties	638.9		5.9		(20.3		)	624.5		624.5
Total fixed maturity and equity securities included in funds withheld receivables	1,721.3		13.2		(96.4		)	1,638.1		1,638.1
Call option receivable from FGL included in funds withheld receivables	12.3		—		(6.9		)	5.4		5.4
Accrued interest	20.5		—		—			20.5		20.5
Net receivables	41.1		—		—			41.1		41.1
Policy loans and other	5.0		—		—			5.0		5.0
Total funds withheld receivables	$	1,800.2	$	13.2	$	(103.3	)	$	1,710.1	$	1,710.1

The Company’s consolidated other investments included in “Other assets” at September 30, 2015, can be summarized as follows:

	September 30, 2015
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Carrying Value
Corporate fixed-maturity securities, available-for-sale	$	14.1	$	—	$	—	$	14.1	$	14.1
Equity securities - held for trading	18.7		14.1		—		32.8		32.8
Other invested assets	5.3		—		—		5.3		5.3
Total other investments	$	38.1	$	14.1	$	—	$	52.2	$	52.2

Schedule of Amortized Cost and Fair Value of Fixed Maturity Securities Available For Sale [Table Text Block]

	September 30, 2016
	Amortized Cost		Fair Value
Corporate, Non-structured Hybrids, Municipal and Preferred stock:
Due in one year or less	$	12.8	$	11.9
Due after one year through five years	231.4		228.2
Due after five years through ten years	420.8		429.3
Due after ten years	487.1		493.3
Subtotal	1,152.1		1,162.7
Other securities which provide for periodic payments:
Asset/Mortgage-backed securities	357.5		350.4
Structured hybrids	22.2		22.0
Total fixed maturity and equity securities included in funds withheld receivables	$	1,531.8	$	1,535.1

Fair Value and Gross Unrealized Losses of Available-for-Sale-Securities

The fair value and gross unrealized losses of securities in the funds withheld receivables with FGL, aggregated by investment category, were as follows:

	September 30, 2016
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Funds withheld receivables with FGL
Corporates	$	137.8	$	(12.6	)	$	91.7	$	(16.9	)	$	229.5	$	(29.5	)
Asset/Mortgage-backed securities	73.3		(2.2		)	99.0		(5.7		)	172.3		(7.9		)
Municipals	1.0		—			—		—			1.0		—
Government bonds	0.2		—			—		—			0.2		—
Preferred stock	3.7		(0.9		)	—		—			3.7		(0.9		)
Total funds withheld receivables with FGL	$	216.0	$	(15.7	)	$	190.7	$	(22.6	)	$	406.7	$	(38.3	)
Total number of securities in an unrealized loss position			146					76					222

	September 30, 2015
	Less than 12 months					12 months or longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Funds withheld receivables with FGL
Corporates	$	417.4	$	(46.9	)	$	113.8	$	(21.0	)	$	531.2	$	(67.9	)
Asset/Mortgage-backed securities	120.8		(3.8		)	88.7		(2.8		)	209.5		(6.6		)
Municipals	5.9		(0.4		)	13.4		(0.3		)	19.3		(0.7		)
Preferred stock	5.6		(0.9		)	—		—			5.6		(0.9		)
Total funds withheld receivables with FGL	$	549.7	$	(52.0	)	$	215.9	$	(24.1	)	$	765.6	$	(76.1	)
Total number of securities in an unrealized loss position			423					67					490

Investment Income [Table Text Block]

The major sources of “Net investment income” in the accompanying Consolidated Statements of Operations were as follows:

	Fiscal
	2016		2015		2014
Fixed maturity securities included in funds withheld receivables with FGL	$	56.0	$	58.6	$	55.7
Equity securities included in funds withheld receivables with FGL	2.1		2.6		4.1
Asset-based loans	3.5		16.1		28.4
Other investments	5.4		7.0		1.9
Net investment income	$	67.0	$	84.3	$	90.1

Gain (Loss) on Investments [Table Text Block]

“Net investment gains (losses)” reported in the accompanying Consolidated Statements of Operations were as follows:

	Fiscal
	2016			2015			2014
Net realized (losses) gains on fixed maturity securities included in funds withheld receivables with FGL	$	(4.8	)	$	3.4		$	(2.5	)
Realized gains (losses) on equity securities included in funds withheld receivables with FGL	3.0			(4.9		)	14.6
Realized gains (losses) on certain derivative instruments	3.8			(7.6		)	25.7
Change in fair value of embedded derivatives in funds withheld receivables with FGL (a)	49.4			(91.1		)	41.6
Realized gains (losses) on funds withheld receivables with third parties and other	49.7			(13.8		)	9.9
Net investment gains (losses)	$	101.1		$	(114.0	)	$	89.3