XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.1
Policyholder Contract Liabilities (Tables)
3 Months Ended
Mar. 31, 2023
Insurance [Abstract]  
Schedule of Liability for Future Policy Benefits, by Product Segment
Policyholder Obligations at March 31, 2023 and December 31, 2022 were as follows:
(Dollars in Millions)Mar 31,
2023
Dec 31,
2022
FHLB Funding Agreements$601.0 $601.0 
Universal Life-type Policyholder Account Balances99.6 100.3 
Total$700.6 $701.3 
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank
United Insurance’s liability under the funding agreements with the FHLB of Chicago, the amount of collateral pledged under such agreements and FHLB of Chicago common stock owned by United Insurance at March 31, 2023 and December 31, 2022 is presented below.
(Dollars in Millions)Mar 31,
2023
Dec 31,
2022
Liability under Funding Agreements$601.0 $601.0 
Fair Value of Collateral Pledged772.9 744.6 
FHLB of Chicago Common Stock Owned at Cost17.5 17.5