v3.25.2
Investments - Mortgage Loan Valuation Allowance (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Direct financing leases, Changes in financing receivable valuation allowance        
Beginning balance, Direct financing lease valuation allowance $ 3.2 $ 0.7 $ 3.0 $ 0.9
Provision: Direct financing lease valuation allowance (0.1) 1.2 (0.1) 1.1
Foreign currency translation adjustment: Direct financing lease valuation allowance     0.2 (0.1)
Ending balance, Direct financing lease valuation allowance 3.1 1.9 3.1 1.9
Total, Changes in financing receivable valuation allowance        
Beginning balance valuation allowance 201.7 157.2 202.2 139.6
Provision 13.7 33.9 10.4 51.7
Charge-offs (0.1) (11.9) (1.4) (11.9)
Recoveries 1.4 0.1 5.2 0.4
Foreign currency translation adjustment 0.2 0.1 0.5 (0.4)
Ending balance valuation allowance 216.9 179.4 216.9 179.4
Allowance recorded 216.9 179.4 216.9 179.4
Accrued interest receivable written off     0.3  
Commercial mortgage loans        
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance        
Beginning balance, Financing receivable valuation allowance 185.1 144.5 188.6 128.8
Provision: Financing receivable valuation allowance 10.5 32.2 8.2 48.2
Charge-offs: Financing receivable valuation allowance   (11.8) (1.3) (11.8)
Recoveries: Financing receivable valuation allowance 0.4   0.4  
Foreign currency translation adjustment: Financing receivable valuation allowance 0.1 0.1 0.2 (0.2)
Ending balance, Financing receivable valuation allowance 196.1 165.0 $ 196.1 165.0
Total, Changes in financing receivable valuation allowance        
Mortgage loans, Days delinquent to be analyzed for valuation allowance     60 days  
Accrued interest receivable written off     $ 0.3  
Residential mortgage loans        
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance        
Beginning balance, Financing receivable valuation allowance 10.2 8.8 7.3 6.7
Provision: Financing receivable valuation allowance 3.3 0.6 2.4 2.5
Charge-offs: Financing receivable valuation allowance (0.1) (0.1) (0.1) (0.1)
Recoveries: Financing receivable valuation allowance 1.0 0.1 4.8 0.4
Foreign currency translation adjustment: Financing receivable valuation allowance 0.1   0.1 (0.1)
Ending balance, Financing receivable valuation allowance 14.5 9.4 $ 14.5 9.4
Total, Changes in financing receivable valuation allowance        
Mortgage loans, Days delinquent to be analyzed for valuation allowance     60 days  
Reinsurance recoverables        
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance        
Beginning balance, Financing receivable valuation allowance 3.2 3.2 $ 3.3 3.2
Provision: Financing receivable valuation allowance   (0.1) (0.1) (0.1)
Ending balance, Financing receivable valuation allowance 3.2 3.1 3.2 3.1
Other loans        
Total, Changes in financing receivable valuation allowance        
Beginning balance valuation allowance 0.0 0.0    
Ending balance valuation allowance 0.0 0.0 0.0 0.0
Allowance recorded $ 0.0 $ 0.0 $ 0.0 $ 0.0