v3.25.2
Investments - Mortgage Loan Credit Monitoring (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Vintage year, Direct financing leases    
2025 $ 42.1  
2024 10.2 $ 48.3
2023 1.9 1.8
2022 124.3 126.3
2021 47.0 43.7
2020   90.0
Prior (prior period)   252.9
Prior (current period) 339.9  
Direct financing leases, Total amortized cost 565.4 563.0
Reinsurance recoverable and deposit receivable 19,339.1 19,493.4
Accrued interest receivable on direct financing leases 1.3 1.2
Mortgage and other loans    
Accrued interest receivable 464.9 647.3
A- and above    
Vintage year, Direct financing leases    
2024   1.0
2022 32.0 38.5
2021 11.4 11.0
2020   33.8
Prior (prior period)   177.4
Prior (current period) 213.2  
Direct financing leases, Total amortized cost 256.6 261.7
BBB+ thru BBB-    
Vintage year, Direct financing leases    
2024 10.2 4.9
2023   1.8
2022 91.7 87.3
2021 21.0 19.0
2020   52.8
Prior (prior period)   67.0
Prior (current period) 95.4  
Direct financing leases, Total amortized cost 218.3 232.8
BB+ thru BB-    
Vintage year, Direct financing leases    
2025 42.1  
2024   38.8
2023 1.9  
2022 0.6 0.5
2021 7.1 6.8
2020   3.4
Prior (prior period)   8.5
Prior (current period) 31.3  
Direct financing leases, Total amortized cost 83.0 58.0
B+ and below    
Vintage year, Mortgage loans    
2024   3.6
2021   6.9
Mortgage loans, Total amortized cost   10.5
Vintage year, Direct financing leases    
2021 7.5  
Direct financing leases, Total amortized cost 7.5  
Commercial mortgage loans    
Vintage year, Mortgage loans    
2025 791.4  
2024 1,557.4 1,607.8
2023 1,402.6 1,330.1
2022 1,506.6 1,620.2
2021 2,201.8 2,418.3
2020   1,686.6
Prior (current period) 9,369.5  
Prior (prior period)   8,409.7
Mortgage loans, Total amortized cost 16,829.3 17,072.7
Mortgage and other loans    
Accrued interest receivable 73.1 69.2
Commercial mortgage loans | A- and above    
Vintage year, Mortgage loans    
2025 688.4  
2024 1,281.1 1,182.1
2023 873.9 793.1
2022 1,135.4 1,234.3
2021 2,025.4 2,101.3
2020   1,463.4
Prior (current period) 7,425.7  
Prior (prior period)   6,594.0
Mortgage loans, Total amortized cost 13,429.9 13,368.2
Commercial mortgage loans | BBB+ thru BBB-    
Vintage year, Mortgage loans    
2025 33.5  
2024 159.7 210.0
2023 385.0 393.6
2022 214.5 231.6
2021 127.9 269.1
2020   180.6
Prior (current period) 1,411.4  
Prior (prior period)   1,217.5
Mortgage loans, Total amortized cost 2,332.0 2,502.4
Commercial mortgage loans | BB+ thru BB-    
Vintage year, Mortgage loans    
2025 41.3  
2024 116.6 215.7
2023 143.7 143.4
2022 156.7 154.3
2021 48.5 47.9
2020   40.1
Prior (current period) 164.9  
Prior (prior period)   271.7
Mortgage loans, Total amortized cost 671.7 873.1
Commercial mortgage loans | B+ and below    
Vintage year, Mortgage loans    
2025 28.2  
2020   2.5
Prior (current period) 367.5  
Prior (prior period)   326.5
Mortgage loans, Total amortized cost 395.7 329.0
Residential mortgage loans    
Vintage year, Mortgage loans    
2025 mortgage loans excluding portfolio layer method basis adjustments 449.4  
2024 mortgage loans excluding portfolio layer method basis adjustments 438.1 350.9
2023 mortgage loans excluding portfolio layer method basis adjustments 403.4 417.0
2022 mortgage loans excluding portfolio layer method basis adjustments 960.8 976.4
2021 mortgage loans excluding portfolio layer method basis adjustments 1,191.7 1,239.7
2020 mortgage loans excluding portfolio layer method basis adjustments   198.5
Prior mortgage loans excluding portfolio layer method basis adjustments (prior period)   433.3
Prior mortgage loans excluding portfolio layer method basis adjustments (current period) 603.0  
Total mortgage loans excluding portfolio layer method basis adjustments 4,046.4 3,615.8
Unallocated portfolio layer method basis adjustment (1.5) (8.4)
Mortgage loans, Total amortized cost 4,044.9 3,607.4
Mortgage and other loans    
Accrued interest receivable 15.4 12.0
Residential mortgage loans | Performing    
Vintage year, Mortgage loans    
2025 449.4  
2024 438.0 350.4
2023 397.2 411.5
2022 954.1 970.3
2021 1,186.4 1,234.9
2020   196.0
Prior (current period) 598.1  
Prior (prior period)   427.6
Mortgage loans, Total amortized cost 4,023.2 3,590.7
Residential mortgage loans | Non-performing    
Vintage year, Mortgage loans    
2024 0.1 0.5
2023 6.2 5.5
2022 6.7 6.1
2021 5.3 4.8
2020   2.5
Prior (current period) 4.9  
Prior (prior period)   5.7
Mortgage loans, Total amortized cost $ 23.2 25.1
Mortgage and other loans    
Mortgage loans, delinquent to be considered non-performing (in days) 90 days  
Other loans    
Vintage year, Mortgage loans    
2025 $ 40.8  
2024 49.7 84.3
2023 44.9 61.9
Prior (prior period)   0.1
Mortgage loans, Total amortized cost 135.4 146.3
Mortgage and other loans    
Accrued interest receivable 1.0 1.3
Other loans | Performing    
Vintage year, Mortgage loans    
2025 40.8  
2024 47.8 84.2
2023 43.8 61.9
Mortgage loans, Total amortized cost 132.4 146.1
Other loans | Non-performing    
Vintage year, Mortgage loans    
2024 1.9 0.1
2023 1.1  
Prior (prior period)   0.1
Mortgage loans, Total amortized cost $ 3.0 $ 0.2