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Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Components of AOCI, after tax, and related changes are as follows:
Net Unrealized Loss on Securities
Effect of Change in Discount Rate Assumptions on the LFPB1
Net Loss on Derivatives
Foreign Currency Translation AdjustmentUnrecognized Pension and Postretirement Benefit CostsTotal
(in millions of dollars)
Balance at December 31, 2022$(3,028.4)$313.9 $(9.6)$(390.1)$(334.1)$(3,448.3)
Other Comprehensive Income (Loss) Before Reclassifications1,069.3 (962.3)(37.4)69.0 (16.9)121.7 
Amounts Reclassified from AOCI
40.0 — (26.7)— 5.3 18.6 
Net Other Comprehensive Income (Loss)1,109.3 (962.3)(64.1)69.0 (11.6)140.3 
Balance at December 31, 2023(1,919.1)(648.4)(73.7)(321.1)(345.7)(3,308.0)
Other Comprehensive Income (Loss) Before Reclassifications(870.4)1,833.8 (184.4)(21.9)(7.4)749.7 
Amounts Reclassified from AOCI
34.3 — (12.6)— 12.9 34.6 
Net Other Comprehensive Income (Loss)(836.1)1,833.8 (197.0)(21.9)5.5 784.3 
Balance at December 31, 2024(2,755.2)1,185.4 (270.7)(343.0)(340.2)(2,523.7)
Other Comprehensive Income (Loss) Before Reclassifications655.9 (255.5)(4.1)97.4 35.7 529.4 
Amounts Reclassified from AOCI
96.2 — (4.0)— 93.6 185.8 
Net Other Comprehensive Income (Loss)752.1 (255.5)(8.1)97.4 129.3 715.2 
Balance at December 31, 2025$(2,003.1)$929.9 $(278.8)$(245.6)$(210.9)$(1,808.5)
1Liability for Future Policy Benefits
Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss)
Amounts reclassified from AOCI were recognized in our consolidated statements of income as follows:
Year Ended December 31
202520242023
(in millions of dollars)
Net Unrealized Loss on Securities
Net Investment Loss on Fixed Maturity Securities
Net Gain (Loss) on Sales$41.5 $(38.2)$(48.7)
Impairment Loss(160.9)(2.5)— 
Change in Allowance for Credit Losses1
(3.1)(3.0)(2.2)
(122.5)(43.7)(50.9)
Income Tax Benefit(26.3)(9.4)(10.9)
Total$(96.2)$(34.3)$(40.0)
Net Loss on Derivatives
Net Investment Income
Gain on Interest Rate Swaps and Forwards$6.7 $16.4 $34.7 
Loss on Foreign Currency Interest Rate Swaps (0.1)(0.2)(0.5)
Net Investment Loss
Loss on Interest Rate Swaps and Forwards(0.9)— — 
Loss on Foreign Currency Interest Rate Swaps(0.6)(0.2)(0.4)
5.1 16.0 33.8 
Income Tax Expense1.1 3.4 7.1 
Total$4.0 $12.6 $26.7 
Unrecognized Pension and Postretirement Benefit Costs
Other Expenses
Amortization of Net Actuarial Loss$(16.6)$(16.4)$(7.2)
Amortization of Prior Service Credit0.3 0.1 0.2 
Settlement Loss
(103.8)— — 
(120.1)(16.3)(7.0)
Income Tax Benefit(26.5)(3.4)(1.7)
Total$(93.6)$(12.9)$(5.3)