v3.26.1
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Investments:    
Fixed maturity securities available for sale, at fair value (net of allowances for credit losses of $— and $1.9 at June 30, 2026 and December 31, 2025, respectively; amortized cost - $9,133.1 and $8,635.3 at June 30, 2026 and December 31, 2025, respectively) $ 8,989.5 $ 8,577.7
Equity securities at fair value 195.7 207.1
Commercial mortgage loans on real estate, at amortized cost (net of allowances for credit losses of $6.3 and $6.7 at June 30, 2026 and December 31, 2025, respectively) 305.4 324.7
Short-term investments 335.2 379.5
Other investments 631.7 573.0
Total investments 10,457.5 10,062.0
Cash and cash equivalents 1,698.7 1,834.1
Premiums and accounts receivable (net of allowances for credit losses of $16.8 and $10.4 at June 30, 2026 and December 31, 2025, respectively) 2,008.4 1,989.4
Reinsurance recoverables (net of allowances for credit losses of $5.2 at June 30, 2026 and December 31, 2025) 6,350.1 6,471.3
Accrued investment income 133.1 135.4
Deferred acquisition costs 10,380.0 10,187.6
Property and equipment, net 849.6 841.7
Goodwill 2,656.3 2,646.3
Other intangible assets, net 487.7 522.0
Other assets (net of allowances for credit losses of $0.9 at June 30, 2026 and December 31, 2025) 1,060.0 1,087.4
Assets held for sale (Note 4) 0.0 512.4
Total assets 36,081.4 36,289.6
Liabilities    
Future policy benefits and expenses 53.8 55.7
Unearned premiums 21,105.5 20,881.4
Liability for Claims and Claims Adjustment Expense 2,109.6 2,101.2
Commissions payable 623.3 640.6
Funds held under reinsurance 282.0 266.4
Accounts payable and other liabilities (including allowances for credit losses of $0.6 and $0.9 at June 30, 2026 and December 31, 2025, respectively, for the unsecured portion of the high deductible recoverables) 3,601.2 3,766.3
Debt 2,208.1 2,206.9
Liabilities held for sale (Note 4) 0.0 499.5
Total liabilities 29,983.5 30,418.0
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 51,678,269 and 52,089,008 shares issued and 49,382,180 and 49,792,919 shares outstanding at June 30, 2026 and December 31, 2025, respectively 0.5 0.5
Additional paid-in capital 1,685.9 1,711.8
Retained earnings 5,134.3 4,826.3
Accumulated other comprehensive loss (600.0) (544.2)
Treasury stock, at cost; 2,296,089 shares at June 30, 2026 and December 31, 2025 (122.8) (122.8)
Total stockholders’ equity 6,097.9 5,871.6
Total liabilities and stockholders’ equity $ 36,081.4 $ 36,289.6