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Investments Investment Portfolio by Major Security Type (Detail) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 40,807.1 $ 40,807.6 $ 36,285.3
Gross Unrealized Gains 723.1 1,223.9 916.1
Gross Unrealized Losses (199.6) (17.3) (377.2)
Net Holding Period Gains (Losses) 4.3 15.2 (23.4)
Total available-for-sale securities $ 41,334.9 $ 42,029.4 $ 36,800.8
% of Total Fair Value 87.20% 88.40% 91.20%
Equity securities, at Fair Value      
Cost $ 2,658.4 $ 2,546.0 $ 2,130.7
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 3,407.3 2,954.9 1,410.8
Fair Value $ 6,065.7 $ 5,500.9 $ 3,541.5
% of Total Fair Value 12.80% 11.60% 8.80%
Debt and Equity Securities, at Fair Value      
Cost $ 43,465.5 $ 43,353.6 $ 38,416.0
Gross Unrealized Gains 723.1 1,223.9 916.1
Gross Unrealized Losses (199.6) (17.3) (377.2)
Net Holding Period Gains (Losses) 3,411.6 2,970.1 1,387.4
Fair Value $ 47,400.6 $ 47,530.3 $ 40,342.3
% of Total Fair Value 100.00% 100.00% 100.00%
Unsettled security transactions, payable $ 363.1 $ 95.5 $ 598.0
Total fair value of non-insurance subsidiary portfolio 3,700.0 6,200.0 2,600.0
Nonredeemable preferred stocks      
Equity securities, at Fair Value      
Cost 1,453.9 1,358.7 1,017.5
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 53.3 89.2 (84.1)
Fair Value $ 1,507.2 $ 1,447.9 $ 933.4
% of Total Fair Value 3.20% 3.10% 2.30%
Common equities      
Equity securities, at Fair Value      
Cost $ 1,204.5 $ 1,187.3 $ 1,113.2
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 3,354.0 2,865.7 1,494.9
Fair Value $ 4,558.5 $ 4,053.0 $ 2,608.1
% of Total Fair Value 9.60% 8.50% 6.50%
Total fixed maturities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 38,564.0 $ 35,589.1 $ 33,761.1
Gross Unrealized Gains 723.1 1,223.9 916.1
Gross Unrealized Losses (199.6) (17.3) (377.2)
Net Holding Period Gains (Losses) 4.3 15.2 (23.4)
Total available-for-sale securities $ 39,091.8 $ 36,810.9 $ 34,276.6
% of Total Fair Value 82.50% 77.40% 84.90%
Total fixed maturities | U.S. government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 16,002.7 $ 12,437.9 $ 10,841.2
Gross Unrealized Gains 181.7 305.8 654.5
Gross Unrealized Losses (111.0) (3.7) 0.0
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 16,073.4 $ 12,740.0 $ 11,495.7
% of Total Fair Value 33.90% 26.80% 28.50%
Total fixed maturities | State and local government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 2,574.8 $ 3,099.4 $ 2,243.9
Gross Unrealized Gains 65.3 123.1 64.8
Gross Unrealized Losses (16.0) (0.7) (4.5)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 2,624.1 $ 3,221.8 $ 2,304.2
% of Total Fair Value 5.60% 6.80% 5.70%
Total fixed maturities | Corporate debt securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 10,095.2 $ 9,579.7 $ 9,452.9
Gross Unrealized Gains 368.1 601.7 160.8
Gross Unrealized Losses (24.0) (0.1) (120.1)
Net Holding Period Gains (Losses) (3.1) 3.9 (1.7)
Total available-for-sale securities $ 10,436.2 $ 10,185.2 $ 9,491.9
% of Total Fair Value 22.00% 21.40% 23.50%
Total fixed maturities | Residential mortgage-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 548.3 $ 503.3 $ 574.3
Gross Unrealized Gains 5.7 7.1 1.5
Gross Unrealized Losses (0.8) (0.9) (19.2)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 553.2 $ 509.5 $ 556.6
% of Total Fair Value 1.20% 1.10% 1.40%
Total fixed maturities | Commercial mortgage-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 5,868.3 $ 6,042.6 $ 5,822.4
Gross Unrealized Gains 68.8 142.5 30.2
Gross Unrealized Losses (45.1) (10.0) (188.3)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 5,892.0 $ 6,175.1 $ 5,664.3
% of Total Fair Value 12.40% 13.00% 14.00%
Total fixed maturities | Other asset-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 3,293.5 $ 3,745.0 $ 4,674.9
Gross Unrealized Gains 30.6 40.1 4.3
Gross Unrealized Losses (0.7) (0.5) (40.0)
Net Holding Period Gains (Losses) 0.0 0.0 (0.1)
Total available-for-sale securities $ 3,323.4 $ 3,784.6 $ 4,639.1
% of Total Fair Value 7.00% 7.90% 11.50%
Total fixed maturities | Redeemable preferred stocks      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 181.2 $ 181.2 $ 151.5
Gross Unrealized Gains 2.9 3.6 0.0
Gross Unrealized Losses (2.0) (1.4) (5.1)
Net Holding Period Gains (Losses) 7.4 11.3 (21.6)
Total available-for-sale securities $ 189.5 $ 194.7 $ 124.8
% of Total Fair Value 0.40% 0.40% 0.30%
Short-term investments      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 2,243.1 $ 5,218.5 $ 2,524.2
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 2,243.1 $ 5,218.5 $ 2,524.2
% of Total Fair Value 4.70% 11.00% 6.30%