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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Nature and Amount of Collateral Received From and Posted To Derivative Counterparty The table below summarizes the nature and amount of collateral received from and posted to our derivative counterparties.
March 31, 2023December 31, 2022
(in millions of dollars)
Carrying Value of Collateral Received from Counterparties
Cash$52.0 $49.4 
Carrying Value of Collateral Posted to Counterparties
Cash$— $5.1 
Fixed Maturity Securities18.4 39.6 
$18.4 $44.7 
Fair Value Hedges Carrying Amount of Hedged Assets and Liabilities and Cumulative Basis Adjustments
The following table summarizes the carrying amount of hedged assets and the related cumulative basis adjustments related to our fair value hedges:
Carrying Amount of Hedged AssetsCumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets
March 31, 2023December 31, 2022March 31, 2023December 31, 2022
(in millions of dollars)
Fixed maturity securities:
Receive fixed functional currency interest, pay fixed foreign currency interest$407.0 $394.4 $(21.6)$(24.8)
Location and Fair Values of Derivative Financial Instruments The following tables summarize the notional amounts and fair values of derivative financial instruments, as reported in our consolidated balance sheets. Derivative assets are included in other long-term investments, while derivative liabilities are included in other liabilities within our consolidated balance sheets. The notional amounts represent the basis upon which our counterparty pay and receive amounts are calculated.
 March 31, 2023
 Derivative AssetsDerivative Liabilities
 Notional
Amount		Fair
Value		Fair
Value
(in millions of dollars)
Designated as Hedging Instruments
Cash Flow Hedges
Forward Benchmark Interest Rate Locks$1,114.0 $9.0 $23.8 
Foreign Currency Interest Rate Swaps168.9 17.6 3.3 
Total Cash Flow Hedges1,282.9 26.6 27.1 
Fair Value Hedges
Foreign Currency Interest Rate Swaps590.4 64.8 4.9 
Total Designated as Hedging Instruments$1,873.3 $91.4 $32.0 
Not Designated as Hedging Instruments
Foreign Currency Forwards$54.4 $3.7 $— 
Foreign Currency Interest Rate Swaps132.0 — 17.3 
Total Return Swaps84.3 — — 
Embedded Derivative in Modified Coinsurance Arrangement— — 13.6 
Total Not Designated as Hedging Instruments$270.7 $3.7 $30.9 
Total Derivatives$2,144.0 $95.1 $62.9 
 December 31, 2022
 Derivative AssetsDerivative Liabilities
 Notional
Amount		Fair
Value		Fair
Value
(in millions of dollars)
Designated as Hedging Instruments
Cash Flow Hedges
Forward Benchmark Interest Rate Locks$764.0 $1.6 $48.4 
Foreign Currency Interest Rate Swaps168.9 17.5 3.1 
Total Cash Flow Hedges932.9 19.1 51.5 
Fair Value Hedges
Foreign Currency Interest Rate Swaps557.8 66.0 5.4 
Total Designated as Hedging Instruments$1,490.7 $85.1 $56.9 
Not Designated as Hedging Instruments
Foreign Currency Forwards$54.3 $4.0 $0.1 
Foreign Currency Interest Rate Swaps132.0 — 17.0 
Total Return Swaps76.9 — — 
Embedded Derivative in Modified Coinsurance Arrangement— — 13.9 
Total Not Designated as Hedging Instruments$263.2 $4.0 $31.0 
Total Derivatives$1,753.9 $89.1 $87.9 
Location of Gains and Losses on Derivative Instruments Designated as Cash Flow Hedging Instruments
The following tables summarize the location of gains and losses of derivative financial instruments designated as hedging instruments, as reported in our consolidated statements of income.

 Three Months Ended March 31
20232022
Net Investment IncomeNet Investment Gain (Loss)Interest and Debt ExpenseNet Investment IncomeNet Investment Gain (Loss)Interest and Debt Expense
 (in millions of dollars)
Total Income and Expense Presented in the Consolidated Statements of Income of Which Hedged Items are Recorded$508.8 $0.1 $48.1 $527.2 $(13.8)$46.9 
Gain (Loss) on Cash Flow Hedging Relationships
Interest Rate Swaps:
Hedged items49.5 — 0.7 50.4 — 0.7 
Derivatives Designated as Hedging Instruments10.4 — — 13.4 — — 
Foreign Exchange Contracts:
Hedged items2.5 — — 2.8 — — 
Derivatives Designated as Hedging Instruments0.3 — — 0.2 — — 
Forward Benchmark Interest Rate Locks:
Hedged items0.7 — — — — — 
Derivatives Designated as Hedging Instruments— — — — — — 
Gain (Loss) on Fair Value Hedging Relationships
Foreign Exchange Contracts
Hedged items3.2 3.2 — 2.7 (5.3)— 
Derivatives Designated as Hedging Instruments1.3 (3.2)— 1.4 5.3 — 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the location of gains and losses of derivative financial instruments designated as cash flow hedging instruments, as reported in our consolidated statements of comprehensive income (loss).

Three Months Ended March 31
 20232022
 (in millions of dollars)
Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives
Forwards$29.9 $(1.0)
Foreign Exchange Contracts(0.2)(2.1)
Total$29.7 $(3.1)
Gains and Losses on Derivatives Not Designated as Hedging Instruments
The following table summarizes the location of gains and losses on our derivatives not designated as hedging instruments, as reported in our consolidated statements of income.

 Three Months Ended March 31
 20232022
 (in millions of dollars)
Net Investment Gain (Loss)
Foreign Exchange Contracts$(0.6)$1.8 
Embedded Derivative in Modified Coinsurance Arrangement0.3 (3.4)
Total$(0.3)$(1.6)
Other Expenses
(Gain) Loss on Total Return Swaps$(4.6)$5.7