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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2019
Reinsurance Disclosures [Abstract]  
Schedule of Reinsurance Recoverables
The following table presents the reinsurance recoverable from John Hancock, Sun Life, Talcott Resolution and other reinsurers as of December 31, 2019 and 2018.
Reinsurer
 
December 31, 2019
 
December 31, 2018
John Hancock
 
$
2,106.0

 
$
1,992.7

Sun Life
 
579.9

 
737.6

Talcott Resolution
 
509.1

 
523.5

Other reinsurers
 
65.1

 
69.4

  Total
 
$
3,260.1

 
$
3,323.2

The following table provides details of the reinsurance recoverables balance as of the dates indicated:
 
December 31,
 
2019
 
2018
Ceded future policyholder benefits and expenses
$
2,192.1

 
$
2,103.2

Ceded unearned premium
18.3

 
24.4

Ceded claims and benefits payable
1,044.7

 
1,179.2

Ceded paid losses
5.0

 
16.4

Total
$
3,260.1

 
$
3,323.2
Schedule of Reinsurance Recoverables
The following table provides the reinsurance recoverable as of December 31, 2019 grouped by A.M. Best financial strength ratings:
A. M. Best Rating of
 Reinsurer
 
Ceded future
 policyholder
 benefits and
 expense
 
Ceded unearned
 premiums
 
Ceded claims
 and benefits
 payable
 
Ceded paid
 losses
 
Total
A++ or A+
 
$
1,635.4

 
$
17.8

 
$
1,028.1

 
$
4.8

 
$
2,686.1

A or A–
 
62.6

 
0.4

 
1.6

 
—

 
64.6

B++ or B+
 
493.7

 
0.1

 
15.0

 
0.3

 
509.1

Not rated
 
0.4

 
—

 
—

 
(0.1
)
 
0.3

Total Reinsurance recoverable
 
$
2,192.1

 
$
18.3

 
$
1,044.7

 
$
5.0

 
$
3,260.1
Schedule of Effect of Reinsurance on Premiums Earned and Benefits Incurred
The effect of reinsurance on premiums earned and benefits incurred was as follows for the period indicated:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
Long
Duration
 
Short
 Duration
 
Total
 
Long
Duration
 
Short
 Duration
 
Total
 
Long
Duration
 
Short
 Duration
 
Total
Direct earned premiums
$
150.2

 
$
213.6

 
$
363.8

 
$
182.2

 
$
568.2

 
$
750.4

 
$
198.0

 
$
756.9

 
$
954.9

Premiums assumed
2.6

 
1.3

 
3.9

 
3.2

 
1.4

 
4.6

 
3.6

 
0.7

 
4.3

Premiums ceded
(148.4
)
 
(214.2
)
 
(362.6
)
 
(180.6
)
 
(569.6
)
 
(750.2
)
 
(196.1
)
 
(757.6
)
 
(953.7
)
Net earned premiums
$
4.4

 
$
0.7

 
$
5.1

 
$
4.8

 
$
—

 
$
4.8

 
$
5.5

 
$
—

 
$
5.5

Direct policyholder benefits
$
505.0

 
$
144.0

 
$
649.0

 
$
399.6

 
$
363.7

 
$
763.3

 
$
413.6

 
$
439.5

 
$
853.1

Policyholder benefits
 assumed
12.7

 
(0.1
)
 
12.6

 
14.4

 
—

 
14.4

 
13.4

 
—

 
13.4

Policyholder benefits ceded
(461.3
)
 
(143.7
)
 
(605.0
)
 
(350.9
)
 
(363.7
)
 
(714.6
)
 
(372.3
)
 
(435.6
)
 
(807.9
)
Net policyholder
 benefits
$
56.4

 
$
0.2

 
$
56.6

 
$
63.1

 
$
—

 
$
63.1

 
$
54.7

 
$
3.9

 
$
58.6