v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Investments    
Fixed maturity securities, available for sale, at fair value (amortized cost, net 2025, $5,847.4; 2024, $5,842.5) $ 5,453.3 $ 5,387.9
Equity securities at fair value, (cost $72500000 and $78800000) 58.3 66.5
Limited partnership interests (carried under fair value option, 2025, $36600000; 2024, $28900000) 1,137.8 1,121.3
Policy loans 139.0 140.8
Short-term and other investments 252.2 199.9
Total investments 7,040.6 6,916.4
Cash 40.9 38.1
Deferred policy acquisition costs 351.4 347.2
Reinsurance balances receivable 403.7 424.8
Deposit asset on reinsurance 2,412.6 2,434.3
Intangible assets 148.6 155.8
Goodwill 54.3 54.3
Other assets 412.9 408.1
Separate Account variable annuity assets 3,863.3 3,708.8
Total assets 14,728.3 14,487.8
Policy liabilities    
Future policy benefit reserves 1,624.4 1,622.8
Policyholders' account balances 5,076.4 5,100.3
Unpaid claims and claim expenses 576.6 569.2
Unearned premiums 351.0 344.2
Total policy liabilities 7,628.4 7,636.5
Other policyholder funds 1,005.8 995.7
Other liabilities 323.0 312.3
Long-term debt 547.5 547.0
Separate Account variable annuity liabilities 3,863.3 3,708.8
Total liabilities 13,368.0 13,200.3
Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued 0.0 0.0
Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2025, 67,179,644; 2024, 67,032,164 0.1 0.1
Additional paid-in capital 530.4 525.2
Retained earnings 1,586.5 1,548.2
Accumulated other comprehensive income (loss), net of tax:    
Net unrealized investment losses on fixed maturity securities (309.9) (357.4)
Net reserve remeasurements attributable to discount rates 99.8 110.9
Net funded status of benefit plans (7.0) (7.0)
Treasury stock, at cost, 2025, 26,345,978 shares; 2024, 26,167,246 shares (539.6) (532.5)
Total shareholders’ equity 1,360.3 1,287.5
Total liabilities and shareholders’ equity $ 14,728.3 $ 14,487.8