DEFERRED ACQUISITION COSTS, PRESENT VALUE OF FUTURE PROFITS AND SALES INDUCEMENTS (Tables)

6 Months Ended

Jun. 30, 2026

Deferred Charges, Insurers [Abstract]

Schedule of Deferred Policy Acquisition Costs

Changes in deferred acquisition costs were as follows (dollars in millions):


						Six months ended
						June 30, 2026
						Fixed indexed annuities						Fixed interest annuities						Supplemental health						Medicare supplement						Long-term care						Interest-sensitive life						Traditional life						Funding agreements						Total
Beginning of period						$	497.4					$	41.8					$	473.5					$	162.9					$	165.3					$	277.5					$	592.2					$	10.1					$	2,220.7
Capitalizations						56.5						5.0						37.6						20.3						17.4						20.9						62.9						2.2						222.8
Amortization expense						(34.8)						(3.4)						(20.2)						(12.5)						(8.4)						(9.0)						(37.7)						(2.2)						(128.2)
End of period						$	519.1					$	43.4					$	490.9					$	170.7					$	174.3					$	289.4					$	617.4					$	10.1					$	2,315.3


						Six months ended
						June 30, 2025
						Fixed indexed annuities						Fixed interest annuities						Supplemental health						Medicare supplement						Long-term care						Interest-sensitive life						Traditional life						Funding agreements						Total
Beginning of period						$	450.0					$	35.9					$	438.1					$	157.4					$	148.6					$	256.0					$	529.5					$	9.9					$	2,025.4
Capitalizations						54.6						6.6						35.4						14.6						14.6						18.1						68.6						—						212.5
Amortization expense						(31.5)						(3.2)						(18.6)						(12.5)						(7.7)						(8.3)						(33.3)						(1.6)						(116.7)
End of period						$	473.1					$	39.3					$	454.9					$	159.5					$	155.5					$	265.8					$	564.8					$	8.3					$	2,121.2

Schedule of Present Value of Future Insurance Profits

Changes in the present value of future profits were as follows (dollars in millions):


			Six months ended
			June 30, 2026
			Supplemental health						Medicare supplement						Long-term care						Traditional life						Fixed indexed annuities						Fixed interest annuities						Total
Beginning of period			$	117.4					$	12.0					$	3.7					$	9.9					$	0.4					$	0.2					$	143.6

Amortization expense			(5.5)						(1.6)						(0.3)						(0.7)						—						—						(8.1)
End of period			$	111.9					$	10.4					$	3.4					$	9.2					$	0.4					$	0.2					$	135.5


			Six months ended
			June 30, 2025
			Supplemental health						Medicare supplement						Long-term care						Traditional life						Fixed indexed annuities						Fixed interest annuities						Total
Beginning of period			$	128.8					$	15.7					$	4.4					$	11.3					$	0.5					$	0.3					$	161.0

Amortization expense			(5.8)						(1.9)						(0.4)						(0.7)						(0.1)						—						(8.9)
End of period			$	123.0					$	13.8					$	4.0					$	10.6					$	0.4					$	0.3					$	152.1

Schedule of Deferred Sale Inducement Cost

Changes in sales inducements were as follows (dollars in millions):


						Six months ended
						June 30, 2026
						Fixed indexed annuities						Fixed interest annuities						Total
Beginning of period						$	170.1					$	6.5					$	176.6
Capitalizations						28.1						0.9						29.0
Amortization expense						(12.3)						(0.5)						(12.8)
End of period						$	185.9					$	6.9					$	192.8


						Six months ended
						June 30, 2025
						Fixed indexed annuities						Fixed interest annuities						Total
Beginning of period						$	128.1					$	5.1					$	133.2
Capitalizations						31.2						1.1						32.3
Amortization expense						(9.9)						(0.5)						(10.4)
End of period						$	149.4					$	5.7					$	155.1