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Prior Period Consolidated Financial Statements - Consolidated Statement of Operations and Comprehensive Income (Loss) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues                      
Net premiums and contract charges earned $ 259.1 $ 257.4 $ 255.4 $ 255.8 $ 210.6 $ 225.2 $ 225.6 $ 227.4 $ 1,057.1 $ 1,027.7 $ 888.8
Net investment income                 444.8 400.9 [1] 422.5 [1]
Net investment losses                 (24.0) (56.5) [1] (11.0) [1]
Other income                 14.0 9.5 [1] 29.0 [1]
Total revenues 346.4 342.6 345.9 346.7 331.2 329.4 346.9 321.7 1,491.9 1,381.6 [1] 1,329.3 [1]
Benefits, losses and expenses                      
Benefits, claims and settlement expenses                 769.1 747.0 [1] 590.7 [1]
Interest credited                 205.7 173.4 [1] 160.0 [1]
Operating expenses                 318.1 315.5 [1] 251.0 [1]
DAC amortization expense                 101.2 88.2 [1] 90.6 [1]
Intangible asset amortization expense                 14.8 16.8 [1] 13.0 [1]
Interest expense                 29.7 19.4 [1] 13.9 [1]
Other expense - goodwill and intangible asset impairments                 0.0 4.8 [1],[2] 0.0 [1],[2]
Total benefits, losses and expenses                 1,438.6 1,365.1 [1] 1,119.2 [1]
Income before income taxes                 53.3 16.5 [1] 210.1 [1]
Income tax expense                 8.3 (3.3) [1] 39.7 [1]
Net income $ (16.7) $ 20.4 $ (4.2) $ 20.3 $ 46.9 $ 20.2 $ 54.2 $ 49.1 $ 45.0 $ 19.8 [1],[2] $ 170.4 [1],[2]
Net income per share                      
Basic (in usd per share) $ (0.40) $ 0.49 $ (0.10) $ 0.48 $ 1.12 $ 0.48 $ 1.29 $ 1.17 $ 1.09 $ 0.48 [1] $ 4.06 [1]
Net income - diluted (in usd per share) $ (0.40) $ 0.49 $ (0.10) $ 0.48 $ 1.11 $ 0.48 $ 1.29 $ 1.16 $ 1.09 $ 0.47 [1] $ 4.04 [1]
Weighted average number of shares and equivalent shares                      
Basic (in shares) 41.4 41.4 41.8 41.9 42.0 42.0 42.0 41.9 41.3 41.6 [1] 42.0 [1]
Diluted (in shares) 41.4 41.6 41.8 42.1 42.2 42.2 42.2 42.1 41.4 41.8 [1] 42.2 [1]
Other comprehensive loss, net of tax:                      
Effect of adopting ASU 2018-12                 $ 0.0 $ 0.0 [1] $ (426.6) [1]
Change in net unrealized investment losses on fixed maturity securities                 121.3 (796.7) [1] (90.3) [1]
Change in net reserve remeasurements attributable to discount rates                 (37.1) 445.9 [1] 110.8 [1]
Change in net funded status of benefit plans                 1.2 1.4 [1] 1.0 [1]
Other comprehensive income (loss)                 85.4 (349.4) [1] (405.1) [1]
Total comprehensive income (loss)                 $ 130.4 (329.6) [1] (234.7) [1]
Previously Reported                      
Revenues                      
Net premiums and contract charges earned                   1,029.0 889.6
Net investment income                   400.9 422.5
Net investment losses                   (56.5) (11.0)
Other income                   9.5 29.0
Total revenues                   1,382.9 1,330.1
Benefits, losses and expenses                      
Benefits, claims and settlement expenses                   761.6 617.7
Interest credited                   177.6 164.4
Operating expenses                   315.9 251.5
DAC amortization expense                   98.7 94.7
Intangible asset amortization expense                   16.8 13.0
Interest expense                   19.4 13.9
Other expense - goodwill and intangible asset impairments                   4.8 0.0
Total benefits, losses and expenses                   1,394.8 1,155.2
Income before income taxes                   (11.9) 174.9
Income tax expense                   (9.3) 32.1
Net income                   $ (2.6) $ 142.8
Net income per share                      
Basic (in usd per share)                   $ (0.06) $ 3.40
Net income - diluted (in usd per share)                   $ (0.06) $ 3.39
Weighted average number of shares and equivalent shares                      
Basic (in shares)                   41.6 42.0
Diluted (in shares)                   41.8 42.2
Other comprehensive loss, net of tax:                      
Effect of adopting ASU 2018-12                     $ 0.0
Change in net unrealized investment losses on fixed maturity securities                   $ (647.6) (75.6)
Change in net reserve remeasurements attributable to discount rates                   0.0 0.0
Change in net funded status of benefit plans                   1.4 1.0
Other comprehensive income (loss)                   (646.2) (74.6)
Total comprehensive income (loss)                   (648.8) 68.2
Effect of the Adoption of ASU 2018-12                      
Revenues                      
Net premiums and contract charges earned                   (1.3) (0.8)
Net investment income                   0.0 0.0
Net investment losses                   0.0 0.0
Other income                   0.0 0.0
Total revenues                   (1.3) (0.8)
Benefits, losses and expenses                      
Benefits, claims and settlement expenses                   (14.6) (27.0)
Interest credited                   (4.2) (4.4)
Operating expenses                   (0.4) (0.5)
DAC amortization expense                   (10.5) (4.1)
Intangible asset amortization expense                   0.0 0.0
Interest expense                   0.0 0.0
Other expense - goodwill and intangible asset impairments                   0.0 0.0
Total benefits, losses and expenses                   (29.7) (36.0)
Income before income taxes                   28.4 35.2
Income tax expense                   6.0 7.6
Net income                   $ 22.4 $ 27.6
Net income per share                      
Basic (in usd per share)                   $ 0.54 $ 0.66
Net income - diluted (in usd per share)                   $ 0.53 $ 0.65
Weighted average number of shares and equivalent shares                      
Basic (in shares)                   0.0 0.0
Diluted (in shares)                   0.0 0.0
Other comprehensive loss, net of tax:                      
Effect of adopting ASU 2018-12                     $ (426.6)
Change in net unrealized investment losses on fixed maturity securities                   $ (149.1) (14.7)
Change in net reserve remeasurements attributable to discount rates                   445.9 110.8
Change in net funded status of benefit plans                   0.0 0.0
Other comprehensive income (loss)                   296.8 (330.5)
Total comprehensive income (loss)                   $ 319.2 $ (302.9)
[1] Recast for the adoption of ASU 2018-12. See Note 1 of the Consolidated Financial Statements
[2] Recast for the adoption of ASU 2018-12. See Note 1 of the Consolidated Financial Statements