XML 65 R46.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value of Financial Instruments - Rollforward of Instruments Measured on Recurring Basis (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total gains or losses    
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net investment gains (losses) Net investment gains (losses)
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent
Level 3    
Financial Assets    
Beginning balance $ 533.0 $ 518.5
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 (4.4)
Total gains or losses    
Net investment gains (losses) included in net income 5.8 0.1
Net unrealized gains (losses) included in OCI 0.1 1.1
Purchases 13.4 14.1
Issuances 0.0 0.0
Sales (22.6) 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions (6.7) (19.5)
Ending balance 523.0 509.9
Financial Liabilities    
Beginning balance 75.5 82.4
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Total gains or losses    
Net investment (gains) losses included in net income related to financial liabilities 1.9 1.3
Net unrealized gains (losses) included in OCI 0.2 (0.1)
Purchases 0.0 0.0
Issuances 1.4 1.4
Sales 0.0 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions (4.7) (4.2)
Ending balance 74.3 80.8
Level 3 | Municipal bonds    
Financial Assets    
Beginning balance 74.9 74.0
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Total gains or losses    
Net investment gains (losses) included in net income 0.0 0.0
Net unrealized gains (losses) included in OCI 1.3 (0.7)
Purchases 0.0 0.0
Issuances 0.0 0.0
Sales 0.0 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions (0.1) (0.1)
Ending balance 76.1 73.2
Level 3 | Corporate bonds    
Financial Assets    
Beginning balance 351.3 342.5
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 (4.4)
Total gains or losses    
Net investment gains (losses) included in net income 0.0 0.0
Net unrealized gains (losses) included in OCI (0.6) (0.6)
Purchases 13.4 14.1
Issuances 0.0 0.0
Sales (22.4) 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions (0.8) (6.1)
Ending balance 340.9 345.5
Level 3 | Mortgage Backed and Other Asset- Backed Securities    
Financial Assets    
Beginning balance 73.7 97.5
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Total gains or losses    
Net investment gains (losses) included in net income 0.0 0.0
Net unrealized gains (losses) included in OCI (0.6) 2.4
Purchases 0.0 0.0
Issuances 0.0 0.0
Sales (0.2) 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions (5.8) (11.2)
Ending balance 67.1 88.7
Level 3 | Total Fixed Maturity Securities    
Financial Assets    
Beginning balance 499.9 514.0
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 (4.4)
Total gains or losses    
Net investment gains (losses) included in net income 0.0 0.0
Net unrealized gains (losses) included in OCI 0.1 1.1
Purchases 13.4 14.1
Issuances 0.0 0.0
Sales (22.6) 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions (6.7) (17.4)
Ending balance 484.1 507.4
Level 3 | Equity Securities & Limited Partnership Interests    
Financial Assets    
Beginning balance 33.1 4.5
Transfers into Level 3 0.0 0.0
Transfers out of Level 3 0.0 0.0
Total gains or losses    
Net investment gains (losses) included in net income 5.8 0.1
Net unrealized gains (losses) included in OCI 0.0 0.0
Purchases 0.0 0.0
Issuances 0.0 0.0
Sales 0.0 0.0
Settlements 0.0 0.0
Paydowns, maturities and distributions 0.0 (2.1)
Ending balance $ 38.9 $ 2.5