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Financial Services, Insurance (Tables)
 9 Months Ended
Sep. 30, 2023
Insurance [Abstract]  
Liability for Future Policy Benefit, Activity
The following tables summarize balances and changes in the present value of expected net premiums, present value of expected future policyholder benefits and net liability for future policyholder benefits as of and for the nine and three months ended September 30, 2023 and September 30, 2022:
Nine Months EndedThree Months Ended
Sep 30, 2023Sep 30, 2022Sep 30, 2023Sep 30, 2022
Present Value of Expected Net PremiumsBalance, Beginning of Period$688.6 $669.0 $711.7 $646.4 
Beginning Balance at Original Discount Rate$728.9 $599.8 $745.1 $660.3 
        Effect of Changes in Cash Flow Assumptions— — — — 
        Effect of Actual Variances from Expected Experience(18.6)5.2 (6.3)(8.3)
Adjusted Beginning of Period Balance710.3 605.0 738.8 652.0 
         Issuances81.6 109.9 19.7 30.5 
         Interest Accrual22.2 15.6 7.7 5.3 
         Net Premiums Collected(71.6)(66.0)(23.7)(23.3)
Ending Balance at Original Discount Rate742.5 664.5 742.5 664.5 
         Effect of Changes in Discount Rate Assumptions(56.1)(42.7)(56.1)(42.7)
Balance, End of Period$686.4 $621.8 $686.4 $621.8 
Present Value of Expected Future Policyholder BenefitsBalance, Beginning of Period$3,561.0 $4,933.1 $3,635.9 $3,799.4 
Beginning Balance at Original Discount Rate$3,906.2 $3,788.1 $3,915.1 $3,827.6 
        Effect of Changes in Cash Flow Assumptions— — — — 
        Effect of Actual Variances From Expected Experience(21.7)7.4 (8.5)(7.9)
Adjusted Beginning of Period Balance3,884.5 3,795.5 3,906.6 3,819.7 
         Issuances 80.8 110.0 18.9 30.5 
         Interest Accrual128.2 122.1 43.0 40.7 
         Benefit Payments(184.4)(197.9)(59.4)(61.2)
Ending Balance at Original Discount Rate3,909.1 3,829.7 3,909.1 3,829.7 
         Effect of Changes in Discount Rate Assumptions(578.6)(387.8)(578.6)(387.8)
Balance, End of Period$3,330.5 $3,441.9 $3,330.5 $3,441.9 
Net Liability for Future Policyholder Benefits$2,644.1 $2,820.1 $2,644.1 $2,820.1 
Less: Reinsurance Recoverable— — — — 
Net Liability for Future Policyholder Benefits, After Reinsurance Recoverable$2,644.1 $2,820.1 $2,644.1 $2,820.1 
Weighted-Average Liability Duration
The weighted-average liability duration of the liability for future policyholder benefits as calculated under current rates is as follows:
Sep 30, 2023Sep 30, 2022
Weighted-Average Liability Duration of the Liability for Future Policyholder Benefits (Years)13.815.5
Note 7 - Liability for Future Policyholder Benefits (Continued)
Reconciliation of Net Liability for Future Policyholder Benefits
The reconciliation of the net liability for future policyholder benefits to Life and Health Insurance Reserves in the Condensed Consolidated Balance Sheets is as follows:
Sep 30, 2023Sep 30, 2022
Net Liability for Future Policyholder Benefits2,644.1 2,820.1 
Deferred Profit Liability304.9 249.9 
Other1
149.1 149.8 
Total Life and Health Insurance Reserves$3,098.1 $3,219.8 
1Other primarily consists of Accident and Health and Universal Life reserves
Undiscounted Expected Gross Premiums and Expected Future Benefit Payments The amounts of expected undiscounted future benefit payments, expected undiscounted future gross premiums and expected discounted future gross premiums, were as follows:
Sep 30, 2023Sep 30, 2022
Expected Future Benefit Payments, undiscounted$10,181.5 $9,585.4 
Expected Future Gross Premiums, undiscounted$4,446.4 $3,801.1 
Expected Future Gross Premiums, discounted$2,748.0 $2,585.1 
Liability for Future Policy Benefits Interest Expense and Premiums
The amount of revenue and interest recognized in the Condensed Consolidated Statements of Loss is as follows:

Nine Months EndedThree Months Ended
Sep 30, 2023Sep 30, 2022Sep 30, 2023Sep 30, 2022
Gross Premiums or Assessments $300.7 $297.2 $98.4 $100.8 
Interest Expense $106.1 $106.5 $35.4 $35.4 
Weighted Average Interest Rate for Future Policyholder Benfits
The weighted-average interest rate is as follows:
Sep 30, 2023Sep 30, 2022
Interest Accretion Rate4.57 %4.59 %
Current Discount Rate5.88 %5.44 %