Other Comprehensive (Loss) Income And Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2024

The tables below display the changes in Accumulated Other Comprehensive Loss by component for the years ended December 31, 2024, 2023 and 2022:


(Dollars in Millions)	Net Unrealized Losses on Fixed Maturities		Net Unrealized Losses on Investments with an Allowance for Credit Losses		Net Unrecognized Postretirement Benefit Income (Costs)		(Loss) Gain on Cash Flow Hedges		Change in Discount Rate on Future Life Policyholder Benefits		Total
Balance as of January 1, 2022	$	505.8	$	(3.7)	$	(52.1)	$	(1.9)	$	(849.7)	$	(401.6)
Other Comprehensive (Loss) Income Before Reclassifications	(1,215.1)		2.0		15.2		4.7		1,090.8		(102.4)
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax Benefit of $2.7, $0.1, $0.1, $—. $—, and $2.9	(10.1)		(0.5)		(0.3)		—				(10.9)
Other Comprehensive Income (Loss) Net of Tax Benefit (Expense) of $325.9, $(0.4), $(4.0), $(1.2), $(289.9), and $30.4	(1,225.2)		1.5		14.9		4.7		1,090.8		(113.3)
Balance as of December 31, 2022	$	(719.4)	$	(2.2)	$	(37.2)	$	2.8	$	241.1	$	(514.9)

Other Comprehensive Income (Loss) Before Reclassifications	185.0		(0.3)		(6.0)		—		(80.5)		98.2
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax (Expense) Benefit of $(0.9), $—, $(13.8), $(0.1), $—, and $(14.8)	3.5		—		52.7		(0.3)		—		55.9
Other Comprehensive Income (Loss) Net of Tax (Expense) Benefit of $(50.3), $0.2, $(12.5), $(0.1), $21.2 and $(41.5)	188.5		(0.3)		46.7		(0.3)		(80.5)		154.1
Balance as of December 31, 2023	$	(530.9)	$	(2.5)	$	9.5	$	2.5	$	160.6	$	(360.8)

Other Comprehensive (Loss) Income Before Reclassifications	(165.8)		(0.3)		1.4		(5.4)		219.7		49.6
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax (Expense) Benefit of $(2.3), $0.3, $0.6, $(0.2), $—, and $(1.6)	8.9		(0.4)		(2.5)		0.7		—		6.7
Other Comprehensive (Loss) Income Before Reclassifications Net of Tax Benefit (Expense) of $41.8, $0.6, $0.2, $0.7, $(58.3), and $(15.0)	(156.9)		(0.7)		(1.1)		(4.7)		219.7		56.3
Balance as of December 31, 2024	$	(687.8)	$	(3.2)	$	8.4	$	(2.2)	$	380.3	$	(304.5)

Amounts reclassified from Accumulated Other Comprehensive Loss shown above are reported in Net Income (Loss) as follows:


Components of AOCI			Consolidated Statements of Income (Loss) Line Item Affected by Reclassifications
Net Unrealized Gains (Losses) on Fixed Maturities and Net Unrealized Losses on Investments with an Allowance for Credit Losses			Net Realized Investment Gains (Losses) and Impairment Losses
Net Unrecognized Postretirement Benefit Income (Costs)			Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses, Insurance and Other Expenses, and Interest Expense
(Loss) Gain on Cash Flow Hedges			Net Investment Income and Interest Expense