Long-Duration Insurance Contracts - Balances of and Changes in the LFPB (Details) - USD ($) $ in Millions |
3 Months Ended |
6 Months Ended |
12 Months Ended |
|
|
Jun. 30, 2026 |
Jun. 30, 2026 |
Dec. 31, 2025 |
Mar. 31, 2026 |
Dec. 31, 2024 |
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
$ 1,586.5
|
$ 1,586.5
|
$ 1,611.5
|
|
|
| Whole Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
222.2
|
239.5
|
229.1
|
|
|
| Beginning balance at original discount rate |
252.4
|
270.6
|
263.2
|
|
|
| Change in cash flow assumptions |
|
|
0.0
|
$ 0.0
|
$ 6.3
|
| Actual variances from expected experience |
|
|
(1.3)
|
(0.4)
|
0.3
|
| Adjusted balance |
|
|
269.3
|
252.0
|
269.8
|
| Issuances |
2.8
|
5.3
|
10.7
|
|
|
| Interest accruals |
2.1
|
4.3
|
8.4
|
|
|
| Net premiums collected |
(6.2)
|
(28.1)
|
(18.3)
|
|
|
| Ending balance at original discount rate |
250.8
|
250.8
|
270.6
|
|
|
| Effect of changes in discount rate assumptions |
(29.4)
|
(29.4)
|
(31.1)
|
|
|
| Ending balance |
221.4
|
221.4
|
239.5
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
496.8
|
518.4
|
504.3
|
|
|
| Beginning balance at original discount rate |
616.5
|
616.5
|
631.9
|
615.8
|
617.4
|
| Changes in cash flow assumptions |
|
|
0.0
|
0.0
|
5.9
|
| Actual variances from expected experience |
|
|
(1.3)
|
(0.5)
|
1.0
|
| Adjusted balance |
|
|
630.6
|
615.3
|
624.3
|
| Issuances |
2.8
|
5.3
|
10.7
|
|
|
| Interest accruals |
5.4
|
10.8
|
21.0
|
|
|
| Benefit payments |
(7.0)
|
(30.2)
|
(24.1)
|
|
|
| Ending balance at original discount rate |
616.5
|
616.5
|
631.9
|
|
|
| Effect of changes in discount rate assumptions |
(114.8)
|
(114.8)
|
(113.5)
|
|
|
| Ending balance |
501.7
|
501.7
|
518.4
|
|
|
| Net liability for future policy benefits |
280.3
|
280.3
|
278.8
|
|
|
| Less: Reinsurance recoverable |
(56.8)
|
(56.8)
|
(57.3)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
223.5
|
223.5
|
221.5
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
223.5
|
223.5
|
221.5
|
|
|
| Term Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
242.8
|
245.2
|
245.9
|
|
|
| Beginning balance at original discount rate |
259.9
|
259.7
|
271.2
|
|
|
| Change in cash flow assumptions |
|
|
0.0
|
0.0
|
(16.5)
|
| Actual variances from expected experience |
|
|
(1.4)
|
(0.1)
|
(3.4)
|
| Adjusted balance |
|
|
258.3
|
259.8
|
251.3
|
| Issuances |
5.5
|
10.3
|
23.6
|
|
|
| Interest accruals |
2.8
|
5.6
|
11.1
|
|
|
| Net premiums collected |
(6.8)
|
(12.9)
|
(26.3)
|
|
|
| Ending balance at original discount rate |
261.3
|
261.3
|
259.7
|
|
|
| Effect of changes in discount rate assumptions |
(16.8)
|
(16.8)
|
(14.5)
|
|
|
| Ending balance |
244.5
|
244.5
|
245.2
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
386.0
|
389.3
|
377.8
|
|
|
| Beginning balance at original discount rate |
437.4
|
437.4
|
429.8
|
432.5
|
433.2
|
| Changes in cash flow assumptions |
|
|
0.0
|
0.0
|
(20.7)
|
| Actual variances from expected experience |
|
|
(0.9)
|
0.0
|
(4.4)
|
| Adjusted balance |
|
|
428.9
|
432.5
|
408.1
|
| Issuances |
5.6
|
10.5
|
23.8
|
|
|
| Interest accruals |
4.5
|
8.8
|
17.0
|
|
|
| Benefit payments |
(5.2)
|
(10.8)
|
(19.1)
|
|
|
| Ending balance at original discount rate |
437.4
|
437.4
|
429.8
|
|
|
| Effect of changes in discount rate assumptions |
(44.4)
|
(44.4)
|
(40.4)
|
|
|
| Ending balance |
393.0
|
393.0
|
389.3
|
|
|
| Net liability for future policy benefits |
148.4
|
148.4
|
144.1
|
|
|
| Less: Reinsurance recoverable |
(21.3)
|
(21.3)
|
(20.9)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
127.1
|
127.1
|
123.2
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
127.1
|
127.1
|
123.2
|
|
|
| Experience life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
64.6
|
67.1
|
66.6
|
|
|
| Beginning balance at original discount rate |
63.2
|
64.5
|
65.4
|
|
|
| Change in cash flow assumptions |
|
|
0.0
|
0.0
|
0.7
|
| Actual variances from expected experience |
|
|
(1.3)
|
(0.8)
|
1.6
|
| Adjusted balance |
|
|
63.2
|
62.4
|
67.7
|
| Issuances |
0.0
|
0.0
|
0.0
|
|
|
| Interest accruals |
0.9
|
1.8
|
3.7
|
|
|
| Net premiums collected |
(1.7)
|
(3.4)
|
(6.9)
|
|
|
| Ending balance at original discount rate |
61.6
|
61.6
|
64.5
|
|
|
| Effect of changes in discount rate assumptions |
1.4
|
1.4
|
2.6
|
|
|
| Ending balance |
63.0
|
63.0
|
67.1
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
786.0
|
807.8
|
813.2
|
|
|
| Beginning balance at original discount rate |
750.9
|
750.9
|
763.3
|
757.1
|
782.8
|
| Changes in cash flow assumptions |
|
|
0.0
|
0.0
|
1.7
|
| Actual variances from expected experience |
|
|
(1.8)
|
(1.2)
|
3.4
|
| Adjusted balance |
|
|
761.5
|
755.9
|
787.9
|
| Issuances |
0.0
|
0.0
|
0.0
|
|
|
| Interest accruals |
11.1
|
22.4
|
45.7
|
|
|
| Benefit payments |
(16.1)
|
(33.0)
|
(70.3)
|
|
|
| Ending balance at original discount rate |
750.9
|
750.9
|
763.3
|
|
|
| Effect of changes in discount rate assumptions |
30.0
|
30.0
|
44.5
|
|
|
| Ending balance |
780.9
|
780.9
|
807.8
|
|
|
| Net liability for future policy benefits |
718.0
|
718.0
|
740.8
|
|
|
| Less: Reinsurance recoverable |
(0.8)
|
(0.8)
|
(0.8)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
717.2
|
717.2
|
740.0
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
717.2
|
717.2
|
740.0
|
|
|
| Limited-Pay Whole Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
34.0
|
35.0
|
34.2
|
|
|
| Beginning balance at original discount rate |
35.9
|
36.5
|
36.8
|
|
|
| Change in cash flow assumptions |
|
|
0.0
|
0.0
|
0.4
|
| Actual variances from expected experience |
|
|
(0.4)
|
0.0
|
(0.2)
|
| Adjusted balance |
|
|
36.1
|
35.9
|
37.0
|
| Issuances |
0.5
|
1.0
|
2.5
|
|
|
| Interest accruals |
0.3
|
0.7
|
1.5
|
|
|
| Net premiums collected |
(1.2)
|
(2.2)
|
(4.5)
|
|
|
| Ending balance at original discount rate |
35.6
|
35.6
|
36.5
|
|
|
| Effect of changes in discount rate assumptions |
(1.9)
|
(1.9)
|
(1.5)
|
|
|
| Ending balance |
33.7
|
33.7
|
35.0
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
88.1
|
89.6
|
86.2
|
|
|
| Beginning balance at original discount rate |
119.3
|
119.3
|
118.1
|
118.5
|
114.3
|
| Changes in cash flow assumptions |
|
|
0.0
|
0.0
|
0.2
|
| Actual variances from expected experience |
|
|
(0.4)
|
0.1
|
0.0
|
| Adjusted balance |
|
|
117.7
|
118.6
|
114.5
|
| Issuances |
0.5
|
1.0
|
2.5
|
|
|
| Interest accruals |
1.1
|
2.3
|
4.5
|
|
|
| Benefit payments |
(0.9)
|
(1.7)
|
(3.4)
|
|
|
| Ending balance at original discount rate |
119.3
|
119.3
|
118.1
|
|
|
| Effect of changes in discount rate assumptions |
(29.5)
|
(29.5)
|
(28.5)
|
|
|
| Ending balance |
89.8
|
89.8
|
89.6
|
|
|
| Net liability for future policy benefits |
56.0
|
56.0
|
54.6
|
|
|
| Less: Reinsurance recoverable |
(1.5)
|
(1.5)
|
(1.4)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
54.5
|
54.5
|
53.2
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
54.5
|
54.5
|
53.2
|
|
|
| Supplemental health |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
187.2
|
187.5
|
179.9
|
|
|
| Beginning balance at original discount rate |
215.7
|
213.6
|
214.6
|
|
|
| Change in cash flow assumptions |
|
|
0.0
|
0.0
|
(2.8)
|
| Actual variances from expected experience |
|
|
3.1
|
1.4
|
(2.4)
|
| Adjusted balance |
|
|
216.7
|
217.1
|
209.4
|
| Issuances |
4.7
|
10.1
|
22.9
|
|
|
| Interest accruals |
1.8
|
3.5
|
7.0
|
|
|
| Net premiums collected |
(6.9)
|
(13.7)
|
(25.7)
|
|
|
| Ending balance at original discount rate |
216.6
|
216.6
|
213.6
|
|
|
| Effect of changes in discount rate assumptions |
(27.6)
|
(27.6)
|
(26.1)
|
|
|
| Ending balance |
189.0
|
189.0
|
187.5
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
375.0
|
379.0
|
383.4
|
|
|
| Beginning balance at original discount rate |
464.3
|
464.3
|
462.7
|
463.9
|
482.8
|
| Changes in cash flow assumptions |
|
|
0.0
|
0.0
|
(5.3)
|
| Actual variances from expected experience |
|
|
2.8
|
1.3
|
(4.7)
|
| Adjusted balance |
|
|
465.5
|
465.2
|
472.8
|
| Issuances |
4.7
|
10.1
|
22.9
|
|
|
| Interest accruals |
3.5
|
6.9
|
13.9
|
|
|
| Benefit payments |
(9.1)
|
(18.2)
|
(46.9)
|
|
|
| Ending balance at original discount rate |
464.3
|
464.3
|
462.7
|
|
|
| Effect of changes in discount rate assumptions |
(86.7)
|
(86.7)
|
(83.7)
|
|
|
| Ending balance |
377.6
|
377.6
|
379.0
|
|
|
| Net liability for future policy benefits |
188.9
|
188.9
|
191.8
|
|
|
| Less: Reinsurance recoverable |
(5.1)
|
(5.1)
|
(5.1)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
183.8
|
183.8
|
186.7
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
183.8
|
183.8
|
186.7
|
|
|
| Cancer |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
64.7
|
64.7
|
66.0
|
|
|
| Accident |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
17.2
|
17.2
|
17.9
|
|
|
| Disability |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
21.0
|
21.0
|
21.3
|
|
|
| Other |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
80.9
|
80.9
|
81.5
|
|
|
| SPIA (life contingent) |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
0.0
|
0.0
|
0.0
|
|
|
| Beginning balance at original discount rate |
0.0
|
0.0
|
0.0
|
|
|
| Change in cash flow assumptions |
|
|
0.0
|
0.0
|
0.0
|
| Actual variances from expected experience |
|
|
0.0
|
0.0
|
0.0
|
| Adjusted balance |
|
|
0.0
|
0.0
|
0.0
|
| Issuances |
0.0
|
0.2
|
2.4
|
|
|
| Interest accruals |
0.0
|
0.0
|
0.0
|
|
|
| Net premiums collected |
0.0
|
(0.2)
|
(2.4)
|
|
|
| Ending balance at original discount rate |
0.0
|
0.0
|
0.0
|
|
|
| Effect of changes in discount rate assumptions |
0.0
|
0.0
|
0.0
|
|
|
| Ending balance |
0.0
|
0.0
|
0.0
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
93.4
|
96.0
|
97.3
|
|
|
| Beginning balance at original discount rate |
99.7
|
99.7
|
103.0
|
101.7
|
107.3
|
| Changes in cash flow assumptions |
|
|
0.0
|
0.0
|
0.0
|
| Actual variances from expected experience |
|
|
(0.3)
|
(0.1)
|
0.1
|
| Adjusted balance |
|
|
102.7
|
$ 101.6
|
$ 107.4
|
| Issuances |
0.0
|
0.2
|
2.4
|
|
|
| Interest accruals |
1.0
|
2.0
|
4.1
|
|
|
| Benefit payments |
(2.9)
|
(5.2)
|
(10.9)
|
|
|
| Ending balance at original discount rate |
99.7
|
99.7
|
103.0
|
|
|
| Effect of changes in discount rate assumptions |
(8.2)
|
(8.2)
|
(7.0)
|
|
|
| Ending balance |
91.5
|
91.5
|
96.0
|
|
|
| Net liability for future policy benefits |
91.6
|
91.6
|
96.0
|
|
|
| Less: Reinsurance recoverable |
(4.1)
|
(4.1)
|
(3.8)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
87.5
|
87.5
|
92.2
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
$ 87.5
|
$ 87.5
|
$ 92.2
|
|
|