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Investments Investment Income (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net Investment Income    
Gross Investment Income, Operating $ 526.5 $ 539.8
Less Investment Expenses 14.7 9.6
Less Investment Income on PFA Assets 3.0 3.0
Net Investment Income 508.8 527.2
Fixed Maturity Securities    
Net Investment Income    
Gross Investment Income, Operating 455.1 455.5
Derivatives    
Net Investment Income    
Gross Investment Income, Operating 11.9 14.4
Mortgage Loans    
Net Investment Income    
Gross Investment Income, Operating 23.4 27.0
Policy Loans    
Net Investment Income    
Gross Investment Income, Operating 5.0 4.7
Perpetual Preferred Securities    
Net Investment Income    
Gross Investment Income, Operating [1] 0.9 2.9
Private Equity Partnerships    
Net Investment Income    
Gross Investment Income, Operating [2] 14.3 32.4
Other Long-term Investments    
Net Investment Income    
Gross Investment Income, Operating 1.8 2.1
Short-term Investments    
Net Investment Income    
Gross Investment Income, Operating $ 14.1 $ 0.8
[1] The net unrealized gain (loss) recognized in net investment income for the three months ended March 31, 2023 related to perpetual preferred securities still held at March 31, 2023 was $0.7 million. The net unrealized gain (loss) recognized in net investment income for the three months ended March 31, 2022 related to perpetual preferred securities still held at March 31, 2022 was $2.4 million.
[2] The net unrealized gain (loss) recognized in net investment income for the three months ended March 31, 2023 related to private equity partnerships still held at March 31, 2023 was $17.8 million, reduced by net management fees and partnership expenses of $(3.5) million. The net unrealized gain (loss) recognized in net investment income for the three months ended March 31, 2022 related to private equity partnerships still held at March 31, 2022 was $36.2 million, reduced by net management fees and partnership expense of $(3.8) million. See Note 3 for further discussion of private equity partnerships.