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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Investments    
Fixed maturity securities, available for sale, at fair value (amortized cost, net 2025, $6,026.7; 2024, $5,842.5) $ 5,714.6 $ 5,387.9
Equity securities at fair value, (cost $56.2 and $78.8) 41.9 66.5
Limited partnership interests (Carried under Fair Value Option, 2025 $0.0 and 2024, $28.9) 1,100.6 1,121.3
Policy loans 138.1 140.8
Short-term and other investments 309.4 199.9
Total investments 7,304.6 6,916.4
Cash 27.5 38.1
Deferred policy acquisition costs 358.2 347.2
Reinsurance balances receivable 419.0 424.8
Deposit asset on reinsurance 2,369.6 2,434.3
Intangible assets 141.5 155.8
Goodwill 54.3 54.3
Other assets 434.5 408.1
Separate Account variable annuity assets 4,157.4 3,708.8
Total assets 15,266.6 14,487.8
Policy liabilities    
Future policy benefit reserves 1,611.5 1,622.8
Policyholders' account balances 5,064.1 5,100.3
Unpaid claims and claim expenses 565.2 569.2
Unearned premiums 372.1 344.2
Total policy liabilities 7,612.9 7,636.5
Other policyholder funds 1,046.2 995.7
Other liabilities 374.0 312.3
Long-term debt 593.4 547.0
Separate Account variable annuity liabilities 4,157.4 3,708.8
Total liabilities 13,783.9 13,200.3
Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued 0.0 0.0
Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2025, 67,323,929; 2024, 67,032,164 0.1 0.1
Additional paid-in capital 538.8 525.2
Retained earnings 1,651.7 1,548.2
Accumulated other comprehensive income (loss), net of tax:    
Net unrealized investment losses on fixed maturity securities (245.5) (357.4)
Net reserve remeasurements attributable to discount rates 93.4 110.9
Net funded status of benefit plans (2.5) (7.0)
Treasury stock, at cost, 2025, 26,664,472 shares; 2024, 26,167,246 shares (553.3) (532.5)
Total shareholders' equity 1,482.7 1,287.5
Total liabilities and shareholders' equity $ 15,266.6 $ 14,487.8