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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows - operating activities      
Net income $ 162.1 $ 102.8 $ 45.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Net investment losses 13.0 17.3 24.0
Depreciation and intangible asset amortization 27.1 26.4 26.2
Share-based compensation expense 10.2 9.9 9.5
Loss (gain) from equity method investments, net of dividends or distributions (5.0) 35.5 (14.5)
Changes in:      
Insurance liabilities 125.3 82.8 186.7
Amounts due under reinsurance agreements 5.8 55.7 (12.5)
Income tax liabilities 2.1 28.2 (15.0)
Other operating assets and liabilities 219.1 101.4 53.9
Contributions to defined benefit plan (3.8) (1.4) 0.0
Other, net (2.7) (6.5) (1.2)
Net cash provided by operating activities 553.2 452.1 302.1
Cash flows - investing activities      
Fixed maturity securities purchases (1,347.8) (1,161.5) (596.7)
Fixed maturity securities sales 465.5 380.3 377.6
Fixed maturity securities maturities, paydowns, calls and redemptions 689.5 539.7 291.9
Equity securities purchases (2.3) (4.5) (2.5)
Equity securities sales, calls, and repayments 23.3 16.3 18.7
Limited partnership interests purchases (68.8) (74.8) (207.2)
Limited partnership interests sales 98.8 119.5 41.4
Change in short-term and other investments, net (100.5) 42.0 (39.8)
Other, net (9.8) 7.2 9.2
Net cash used in investing activities (252.1) (135.8) (107.4)
Cash flows - financing activities      
Dividends paid to shareholders (57.1) (55.5) (53.9)
Proceeds from issuance of Senior Notes 295.2 0.0 297.7
Principal repayment on Senior Notes (250.0) 0.0 0.0
Principal repayment on Revolving Credit Facility 0.0 0.0 (249.0)
Treasury stock acquired (20.8) (8.6) (6.5)
Proceeds from exercise of stock options 5.3 5.1 0.0
Withholding tax payments on RSUs tendered (3.4) (1.8) (1.8)
Annuity contracts: variable, fixed and FHLB funding agreements      
Deposits 1,028.4 796.1 787.6
Benefits, withdrawals and net transfers to Separate Account variable annuity assets (640.1) (637.0) (604.7)
Repayment of FHLB funding agreements (509.5) (270.0) (189.5)
Life policy accounts deposits, withdrawals, and surrenders 19.6 11.7 8.6
Change in deposit asset on reinsurance (161.6) (162.4) (123.6)
Net increase (decrease) in reverse repurchase agreements (12.0) 12.0 (70.2)
Change in book overdrafts (5.7) 2.5 (2.5)
Net cash used in financing activities (311.7) (307.9) (207.8)
Net increase (decrease) in cash (10.6) 8.4 (13.1)
Cash at beginning of year 38.1 29.7 42.8
Cash at end of year $ 27.5 $ 38.1 $ 29.7