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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Net premiums and contract charges earned $ 1,228.4 $ 1,146.0 $ 1,057.1
Net investment income 464.3 445.7 444.8
Net investment (losses) (13.0) (17.3) (24.0)
Other income 21.7 20.8 14.0
Total revenues 1,701.4 1,595.2 1,491.9
Benefits, losses and expenses      
Benefits, claims and settlement expenses (Reserve remeasurement (gains)/losses $6.0, $1.6, $(1.6)) 711.5 745.0 769.1
Interest credited 216.9 215.9 205.7
Operating expenses 396.6 345.5 318.1
DAC amortization expense 124.5 111.1 101.2
Intangible asset amortization expense 14.3 14.5 14.8
Interest expense 36.4 34.6 29.7
Total benefits, losses and expenses 1,500.2 1,466.6 1,438.6
Income before income taxes 201.2 128.6 53.3
Income tax expense 39.1 25.8 8.3
Net income $ 162.1 $ 102.8 $ 45.0
Net income per share      
Basic (in usd per share) $ 3.93 $ 2.49 $ 1.09
Diluted (in usd per share) $ 3.90 $ 2.48 $ 1.09
Weighted average number of shares and equivalent shares      
Basic (in shares) 41.2 41.3 41.3
Diluted (in shares) 41.6 41.5 41.4
Net income $ 162.1 $ 102.8 $ 45.0
Other comprehensive income (loss), net of tax:      
Change in net unrealized investment gains (losses) on fixed maturity securities 111.9 (29.1) 121.3
Change in net reserve remeasurements attributable to discount rates (17.5) 89.0 (37.1)
Change in net funded status of benefit plans 4.5 0.6 1.2
Other comprehensive income 98.9 60.5 85.4
Comprehensive income $ 261.0 $ 163.3 $ 130.4