XML 71 R42.htm IDEA: XBRL DOCUMENT v3.25.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill by reporting segment for the year ended December 31, 2025 were as follows:
($ in millions)Property & CasualtyLife & RetirementSupplemental & Group Benefits Total
Balance as of January 1, 2023
Goodwill$9.5 $48.0 $32.4 $89.9 
Accumulated impairment losses — (35.6)— (35.6)
Total goodwill, net 9.5 12.4 32.4 54.3 
Acquisitions — — — — 
Impairments— — — — 
Balance as of December 31, 2023
Goodwill9.5 48.0 32.4 89.9 
Accumulated impairment losses— (35.6)— (35.6)
Total goodwill, net9.5 12.4 32.4 54.3 
Acquisitions— — — — 
Impairments— — — — 
Balance as of December 31, 2024
Goodwill9.5 48.0 32.4 89.9 
Accumulated impairment losses — (35.6)— (35.6)
Total goodwill, net9.5 12.4 32.4 54.3 
Acquisitions — — — — 
Impairments— — — — 
Balance as of December 31, 2025
Goodwill9.5 48.0 32.4 89.9 
Accumulated impairment losses— (35.6)— (35.6)
Total goodwill, net$9.5 $12.4 $32.4 $54.3 
Schedule of Finite-Lived Intangible Assets As of December 31, 2025 the outstanding amounts of definite-lived intangible assets subject to amortization were as follows:
($ in millions)Weighted Average
Useful Life (in Years)
At inception:
Value of business acquired
28$100.1 
Value of distribution acquired
1754.0 
Value of agency relationships
1417.0 
Value of customer relationships
1059.9 
Total
20231.0 
Accumulated amortization and impairments:
Value of business acquired
(45.7)
Value of distribution acquired
(23.3)
Value of agency relationships
(12.4)
Value of customer relationships
(21.5)
Total
(102.9)
Net intangible assets subject to amortization:$128.1 
Schedule of Future Amortization Expense
Estimated future amortization of the Company's definite-lived intangible assets were as follows:
($ in millions)
Year Ending December 31,
2026
$14.2 
2027
14.1 
2028
14.1 
2029
13.9 
2030
14.0 
Thereafter
57.8 
Total
$128.1 
Schedule of Indefinite-Lived Intangible Assets
Indefinite-lived intangible assets (not subject to amortization) as of December 31, 2025 were as follows:
($ in millions)Trade Names
State Licenses
Total
Balance as of January 1, 2023
$7.6 $5.8 $13.4 
Impairments— — — 
Acquisitions— — — 
Balance as of December 31, 2023
7.6 5.8 13.4 
Impairments— — — 
Acquisitions— — — 
Balance as of December 31, 2024
7.6 5.8 13.4 
Impairments— — — 
Acquisitions— — — 
Balance as of December 31, 2025
$7.6 $5.8 $13.4