v3.25.4
Other Comprehensive Income (Loss) And Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Comprehensive Income (Loss)
The tables below display the changes in Accumulated Other Comprehensive Loss by component for the years ended December 31, 2025, 2024 and 2023:
(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)
Net Gain (Loss) on Cash Flow Hedges
Change in Discount Rate on Future Life Policyholder BenefitsTotal
Balance as of January 1, 2023
$(719.4)$(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 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 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)
Other Comprehensive Income (Loss) Before Reclassifications
127.0 0.2 (0.7)1.8 (29.5)98.8 
Amounts Reclassified from Accumulated Other Comprehensive Loss Net of Tax (Benefit) Expense of $(0.3), $—, $0.5, $—, $—, and $0.2
1.3 — (1.6)(0.2)— (0.5)
Other Comprehensive Income (Loss) Before Reclassifications Net of Tax (Benefit) Expense of $(34.0), $(0.1), $0.7, $0.3, $7.8, and $(25.3)
128.3 0.2 (2.3)1.6 (29.5)98.3 
Balance as of December 31, 2025
$(559.5)$(3.0)$6.1 $(0.6)$350.8 $(206.2)
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 Losses on Fixed Maturities
Net Realized Investment Gains (Losses)
Net Unrealized Losses on Investments with an Allowance for Credit Losses
Impairment Losses and Net Realized Investment Gains (Losses)
Net Unrecognized Postretirement Benefit Costs
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses, Insurance and Other Expenses, and Interest Expense
Net Gain (Loss) on Cash Flow Hedges
Net Investment Income and Interest Expense