SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Terms of Federal Home Loan Bank Borrowing

The following summarizes the terms of the borrowings from the FHLB by our insurance subsidiaries (dollars in millions):

Amount		Maturity	Interest rate at
borrowed		date	December 31, 2022
$	20.8	March 2023	Fixed rate – 2.160%
50.0		July 2023	Variable rate – 4.490%
100.0		July 2023	Variable rate – 4.490%
50.0		July 2023	Variable rate – 4.490%
100.0		April 2024	Variable rate – 4.262%
50.0		May 2024	Variable rate – 4.919%
22.0		May 2024	Variable rate – 4.764%
100.0		July 2024	Variable rate – 4.058%
15.5		July 2024	Fixed rate – 1.990%
34.5		July 2024	Variable rate – 4.782%
15.0		July 2024	Variable rate – 4.865%
27.0		August 2024	Fixed rate – .640%
25.0		September 2024	Variable rate – 5.031%
21.7		May 2025	Variable rate – 4.313%
18.5		June 2025	Fixed rate – 2.940%
125.0		September 2025	Variable rate – 4.650%
100.0		October 2025	Variable rate – 4.583%
100.0		October 2025	Variable rate – 4.512%
57.7		October 2025	Variable rate – 4.600%
50.0		November 2025	Variable rate – 4.532%
50.0		January 2026	Variable rate – 4.519%
50.0		January 2026	Variable rate – 4.589%
100.0		January 2026	Variable rate – 4.582%
21.8		May 2026	Variable rate – 4.472%
50.0		May 2026	Variable rate – 4.570%
75.0		December 2026	Variable rate – 4.526%
50.0		April 2027	Variable rate – 4.322%
50.0		May 2027	Variable rate – 4.332%
100.0		June 2027	Variable rate – 4.670%
10.0		June 2027	Variable rate – 4.893%
$	1,639.5

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The impact of adoption, using the modified retrospective approach, was as follows (dollars in millions):

	January 1, 2020
	Amounts prior to effect of adoption of authoritative guidance		Effect of adoption of authoritative guidance		As adjusted
Fixed maturities, available for sale	$	21,295.2	$	(2.1)	$	21,293.1
Mortgage loans	1,566.1		(6.7)		1,559.4
Investments held by variable interest entities	1,188.6		(9.9)		1,178.7
Income tax assets, net	432.6		4.9		437.5
Reinsurance receivables	4,785.7		(4.0)		4,781.7
Total assets	33,630.9		(17.8)		33,613.1
Retained earnings	535.7		(17.8)		517.9
Total shareholders' equity	4,677.0		(17.8)		4,659.2