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, 2026 | | $ | (288.8) | | | $ | 116.1 | | | $ | (2.5) | | | $ | (175.2) | | | Other comprehensive income (loss) before reclassifications | | 6.8 | | | (6.1) | | | — | | | 0.7 | | Amounts reclassified from AOCI(2) | | 0.1 | | | — | | | — | | | 0.1 | | | Net current period other comprehensive income (loss) | | 6.9 | | | (6.1) | | | — | | | 0.8 | | | Ending balance, June 30, 2026 | | $ | (281.9) | | | $ | 110.0 | | | $ | (2.5) | | | $ | (174.4) | | | | | | | | | | | | 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(3) | | 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, January 1, 2026 | | $ | (245.5) | | | $ | 93.4 | | | $ | (2.5) | | | $ | (154.6) | | | Other comprehensive income (loss) before reclassifications | | (36.1) | | | 16.6 | | | — | | | (19.5) | | Amounts reclassified from AOCI(2) | | (0.3) | | | — | | | — | | | (0.3) | | | Net current period other comprehensive income (loss) | | (36.4) | | | 16.6 | | | — | | | (19.8) | | | Ending balance, June 30, 2026 | | $ | (281.9) | | | $ | 110.0 | | | $ | (2.5) | | | $ | (174.4) | | | | | | | | | | | | 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) | |
(1)All amounts are net of tax. (2)The pretax amounts reclassified from AOCI, $(0.1) million and $0.4 million, are included in Net investment gains (losses) and the related income tax benefits, $0.0 million and $0.1 million, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2026, respectively. (3)The pretax amounts reclassified from AOCI,$(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.
|