XML 45 R32.htm IDEA: XBRL DOCUMENT v3.24.3
Investments - Investment Portfolio by Major Security Type (Detail) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 75,351.7 $ 64,231.8 $ 62,285.8
Gross Unrealized Gains 1,072.3 312.2 3.7
Gross Unrealized Losses (1,257.4) (2,346.8) (3,846.3)
Net Holding Period Gains (Losses) 1.1 (29.1) (56.1)
Total available-for-sale securities $ 75,167.7 $ 62,168.1 $ 58,387.1
% of Total Fair Value 94.70% 94.20% 94.40%
Equity securities, at Fair Value      
Cost $ 1,493.2 $ 1,683.1 $ 1,639.5
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 2,738.8 2,147.4 1,843.9
Fair Value $ 4,232.0 $ 3,830.5 $ 3,483.4
% of Total Fair Value 5.30% 5.80% 5.60%
Debt and Equity Securities, at Fair Value      
Cost $ 76,844.9 $ 65,914.9 $ 63,925.3
Gross Unrealized Gains 1,072.3 312.2 3.7
Gross Unrealized Losses (1,257.4) (2,346.8) (3,846.3)
Net Holding Period Gains (Losses) 2,739.9 2,118.3 1,787.8
Fair Value $ 79,399.7 $ 65,998.6 $ 61,870.5
% of Total Fair Value 100.00% 100.00% 100.00%
Unsettled security transactions, payable $ 468.5   $ 167.3
Other receivable from broker-dealer and clearing organization   $ 45.6  
Total fair value of non-insurance subsidiary portfolio 4,100.0 4,200.0 4,100.0
Nonredeemable preferred stocks      
Equity securities, at Fair Value      
Cost 759.7 977.1 976.9
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) (24.7) (75.0) (108.0)
Fair Value $ 735.0 $ 902.1 $ 868.9
% of Total Fair Value 0.90% 1.40% 1.40%
Common equities      
Equity securities, at Fair Value      
Cost $ 733.5 $ 706.0 $ 662.6
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 2,763.5 2,222.4 1,951.9
Fair Value $ 3,497.0 $ 2,928.4 $ 2,614.5
% of Total Fair Value 4.40% 4.40% 4.20%
Total fixed maturities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 74,595.2 $ 62,441.9 $ 60,490.6
Gross Unrealized Gains 1,072.3 312.2 3.7
Gross Unrealized Losses (1,257.4) (2,346.8) (3,846.3)
Net Holding Period Gains (Losses) 1.1 (29.1) (56.1)
Total available-for-sale securities $ 74,411.2 $ 60,378.2 $ 56,591.9
% of Total Fair Value 93.70% 91.50% 91.50%
Total fixed maturities | U.S. government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 44,231.3 $ 37,823.2 $ 36,392.2
Gross Unrealized Gains 771.4 204.1 0.0
Gross Unrealized Losses (574.2) (1,157.9) (2,098.4)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 44,428.5 $ 36,869.4 $ 34,293.8
% of Total Fair Value 56.00% 55.90% 55.40%
Total fixed maturities | State and local government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 2,681.0 $ 2,338.4 $ 2,257.6
Gross Unrealized Gains 10.7 2.8 0.0
Gross Unrealized Losses (90.3) (138.4) (203.3)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 2,601.4 $ 2,202.8 $ 2,054.3
% of Total Fair Value 3.30% 3.30% 3.30%
Total fixed maturities | Foreign government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 16.9 $ 17.3 $ 16.9
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses (0.5) (1.0) (1.5)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 16.4 $ 16.3 $ 15.4
% of Total Fair Value 0.00% 0.10% 0.10%
Total fixed maturities | Corporate and other debt securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 14,969.8 $ 11,633.7 $ 11,069.8
Gross Unrealized Gains 221.9 87.2 1.3
Gross Unrealized Losses (155.3) (334.7) (596.1)
Net Holding Period Gains (Losses) (0.9) (28.8) (53.7)
Total available-for-sale securities $ 15,035.5 $ 11,357.4 $ 10,421.3
% of Total Fair Value 18.90% 17.20% 16.90%
Total fixed maturities | Residential mortgage-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 1,403.5 $ 426.9 $ 530.4
Gross Unrealized Gains 24.8 0.2 0.2
Gross Unrealized Losses (6.4) (10.0) (13.0)
Net Holding Period Gains (Losses) 2.0 0.1 (1.8)
Total available-for-sale securities $ 1,423.9 $ 417.2 $ 515.8
% of Total Fair Value 1.80% 0.60% 0.80%
Total fixed maturities | Commercial mortgage-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 4,664.4 $ 4,535.2 $ 4,699.5
Gross Unrealized Gains 4.1 2.2 2.1
Gross Unrealized Losses (376.9) (597.7) (723.9)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 4,291.6 $ 3,939.7 $ 3,977.7
% of Total Fair Value 5.40% 6.00% 6.40%
Total fixed maturities | Other asset-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 6,628.3 $ 5,667.2 $ 5,524.2
Gross Unrealized Gains 39.4 15.7 0.1
Gross Unrealized Losses (53.8) (107.1) (210.1)
Net Holding Period Gains (Losses) 0.0 (0.4) (0.6)
Total available-for-sale securities $ 6,613.9 $ 5,575.4 $ 5,313.6
% of Total Fair Value 8.30% 8.40% 8.60%
Short-term investments      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 756.5 $ 1,789.9 $ 1,795.2
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 $ 756.5 $ 1,789.9 $ 1,795.2
% of Total Fair Value 1.00% 2.70% 2.90%