The following table reconciles these components. | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in millions) | | Net Unrealized Investment Gains (Losses) on Fixed Maturity Securities(1) | | Net Reserve Remeasurements Attributable to Discount Rates(1) | | Net Funded Status of Benefit Plans(1) | | Total(1) | | Beginning balance, April 1, 2025 | | $ | (314.5) | | | $ | 99.1 | | | $ | (7.0) | | | $ | (222.4) | | | Other comprehensive income (loss) before reclassifications | | 1.4 | | | 0.7 | | | — | | | 2.1 | | Amounts reclassified from AOCI(2) | | 3.2 | | | — | | | — | | | 3.2 | | | Net current period other comprehensive income (loss) | | 4.6 | | | 0.7 | | | — | | | 5.3 | | | Ending balance, June 30, 2025 | | $ | (309.9) | | | $ | 99.8 | | | $ | (7.0) | | | $ | (217.1) | | | | | | | | | | | Beginning balance, April 1, 2024 | | $ | (348.0) | | | $ | 63.3 | | | $ | (7.6) | | | $ | (292.3) | | Other comprehensive income (loss) before reclassifications | | (24.1) | | | 32.0 | | | — | | | 7.9 | | Amounts reclassified from AOCI(3) | | 1.7 | | | — | | | — | | | 1.7 | | | Net current period other comprehensive income (loss) | | (22.4) | | | 32.0 | | | — | | | 9.6 | | | Ending balance, June 30, 2024 | | $ | (370.4) | | | $ | 95.3 | | | $ | (7.6) | | | $ | (282.7) | | | | | | | | | | | | Beginning balance, January 1, 2025 | | $ | (357.4) | | | $ | 110.9 | | | $ | (7.0) | | | $ | (253.5) | | | Other comprehensive income (loss) before reclassifications | | 44.4 | | | (11.1) | | | — | | | 33.3 | | Amounts reclassified from AOCI(2) | | 3.1 | | | — | | | — | | | 3.1 | | | Net current period other comprehensive income (loss) | | 47.5 | | | (11.1) | | | — | | | 36.4 | | | Ending balance, June 30, 2025 | | $ | (309.9) | | | $ | 99.8 | | | $ | (7.0) | | | $ | (217.1) | | | | | | | | | | | | Beginning balance, January 1, 2024 | | $ | (328.3) | | | $ | 21.9 | | | $ | (7.6) | | | $ | (314.0) | | | Other comprehensive income (loss) before reclassifications | | (44.6) | | | 73.4 | | | — | | | 28.8 | | Amounts reclassified from AOCI(3) | | 2.5 | | | — | | | — | | | 2.5 | | | Net current period other comprehensive income (loss) | | (42.1) | | | 73.4 | | | — | | | 31.3 | | | Ending balance, June 30, 2024 | | $ | (370.4) | | | $ | 95.3 | | | $ | (7.6) | | | $ | (282.7) | |
(1)All amounts are net of tax. (2)The pretax amounts reclassified from AOCI, $(4.1) million and $(3.9) million, are included in Net investment gains (losses) and the related income tax benefits, $(0.9) million and $(0.8) million, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2025, respectively. (3)The pretax amounts reclassified from AOCI, $(2.2) million and $(3.2) million, are included in Net investment gains (losses) and the related income tax benefits, $(0.5) million and $(0.7) million, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2024, respectively.
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