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Investments Investment Income (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net Investment Income        
Investment Income, Interest and Dividend $ 623.5 $ 609.9 $ 1,799.8 $ 1,852.3
Less Investment Expenses 7.2 7.3 23.3 23.6
Less Investment Income on PFA Assets 3.1 3.2 9.3 9.7
Net Investment Income 613.2 599.4 1,767.2 1,819.0
Fixed Maturity Securities        
Net Investment Income        
Investment Income, Interest and Dividend 560.8 546.7 1,643.1 1,656.3
Derivatives        
Net Investment Income        
Investment Income, Interest and Dividend 18.7 19.1 59.6 55.0
Mortgage Loans        
Net Investment Income        
Investment Income, Interest and Dividend 26.1 25.4 83.1 77.0
Policy Loans        
Net Investment Income        
Investment Income, Interest and Dividend 5.1 5.0 14.9 14.5
Perpetual Preferred Securities        
Net Investment Income        
Investment Income, Interest and Dividend [1] (0.2) 0.1 (6.7) 4.8
Private Equity Partnerships        
Net Investment Income        
Investment Income, Interest and Dividend [2] 11.3 4.7 (9.6) 19.5
Other Long-term Investments        
Net Investment Income        
Investment Income, Interest and Dividend 0.4 0.2 5.3 2.8
Short-term Investments        
Net Investment Income        
Investment Income, Interest and Dividend $ 1.3 $ 8.7 $ 10.1 $ 22.4
[1] The net unrealized gain (loss) recognized in net investment income for the three and nine months ended September 30, 2020 related to perpetual preferred securities still held at September 30, 2020 was $(0.8) million and $(8.7) million, respectively. The net unrealized gain (loss) recognized in net investment income for the three and nine months ended September 30, 2019 related to perpetual preferred securities still held at September 30, 2019 was $0.3 million and $3.3 million, respectively.
[2] The net unrealized gain (loss) recognized in net investment income for the three and nine months ended September 30, 2020 related to private equity partnerships still held at September 30, 2020 was $8.5 million and $(27.1) million, respectively. The net unrealized gain (loss) recognized in net investment income for the three and nine months ended September 30, 2019 related to private equity partnerships still held at September 30, 2019 was $(1.1) million and $2.6 million, respectively. See Note 3 for further discussion of private equity partnerships.