v3.26.3
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 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 September 30, 2026 and December 31, 2025, respectively; amortized cost - $9,560.3 and $8,635.3 at September 30, 2026 and December 31, 2025, respectively) $ 9,054.9 $ 8,577.7
Equity securities at fair value 188.9 207.1
Commercial mortgage loans on real estate, at amortized cost (net of allowances for credit losses of $6.3 and $6.7 at September 30, 2026 and December 31, 2025, respectively) 308.2 324.7
Short-term investments 300.8 379.5
Other investments 633.8 573.0
Total investments 10,486.6 10,062.0
Cash and cash equivalents 1,777.8 1,834.1
Premiums and accounts receivable (net of allowances for credit losses of $19.5 and $10.4 at September 30, 2026 and December 31, 2025, respectively) 2,071.4 1,989.4
Reinsurance recoverables (net of allowances for credit losses of $5.2 at September 30, 2026 and December 31, 2025) 6,327.9 6,471.3
Accrued investment income 138.5 135.4
Deferred acquisition costs 10,579.6 10,187.6
Property and equipment, net 871.0 841.7
Goodwill 2,657.4 2,646.3
Other intangible assets, net 459.1 522.0
Other assets (net of allowances for credit losses of $0.9 at September 30, 2026 and December 31, 2025) 1,124.2 1,087.4
Assets held for sale (Note 4) 0.0 512.4
Total assets 36,493.5 36,289.6
Liabilities    
Future policy benefits and expenses 52.8 55.7
Unearned premiums 21,528.2 20,881.4
Claims and benefits payable 2,086.8 2,101.2
Commissions payable 657.3 640.6
Funds held under reinsurance 280.3 266.4
Accounts payable and other liabilities (including allowances for credit losses of $0.5 and $0.9 at September 30, 2026 and December 31, 2025, respectively, for the unsecured portion of the high deductible recoverables) 3,687.5 3,766.3
Debt 2,208.7 2,206.9
Liabilities held for sale (Note 4) 0.0 499.5
Total liabilities 30,501.6 30,418.0
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 51,460,184 and 52,089,008 shares issued and 49,164,095 and 49,792,919 shares outstanding at September 30, 2026 and December 31, 2025, respectively 0.5 0.5
Additional paid-in capital 1,716.9 1,711.8
Retained earnings 5,299.4 4,826.3
Accumulated other comprehensive loss (902.1) (544.2)
Treasury stock, at cost; 2,296,089 shares at September 30, 2026 and December 31, 2025 (122.8) (122.8)
Total stockholders’ equity 5,991.9 5,871.6
Total liabilities and stockholders’ equity $ 36,493.5 $ 36,289.6