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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Net premiums and contract charges earned $ 298.3 $ 275.2
Net investment income 115.9 105.4
Net investment gains (losses) (3.3) 2.2
Other income 5.5 3.2
Total revenues 416.4 386.0
Benefits, losses and expenses    
Benefits, claims and settlement expenses (Reserve remeasurement (gains)/losses $2.1, $0.2) 183.2 176.3
Interest credited 52.8 52.9
Operating expenses 90.8 84.5
DAC amortization expense 29.6 27.0
Intangible asset amortization (after-tax) 3.6 3.6
Interest expense 8.9 8.7
Total benefits, losses and expenses 368.9 353.0
Income before income taxes 47.5 33.0
Income tax expense 9.3 6.5
Net income $ 38.2 $ 26.5
Net income per share    
Basic (in usd per share) $ 0.93 $ 0.64
Diluted (in usd per share) $ 0.92 $ 0.64
Weighted average number of shares and equivalent shares    
Basic (in shares) 41.3 41.3
Diluted (in shares) 41.6 41.5
Statements of Comprehensive Income (Loss)    
Net income $ 38.2 $ 26.5
Other comprehensive income (loss), net of tax:    
Change in net unrealized investment losses on fixed maturity securities 42.9 (19.7)
Change in net reserve remeasurements attributable to discount rates (11.8) 41.4
Change in net funded status of benefit plans 0.0 0.0
Other comprehensive income 31.1 21.7
Comprehensive income $ 69.3 $ 48.2