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, July 1, 2026 | | $ | (281.9) | | | $ | 110.0 | | | $ | (2.5) | | | $ | (174.4) | | | Other comprehensive income (loss) before reclassifications | | (214.5) | | | 86.2 | | | — | | | (128.3) | | Amounts reclassified from AOCI(2) | | 1.6 | | | — | | | — | | | 1.6 | | | Net current period other comprehensive income (loss) | | (212.9) | | | 86.2 | | | — | | | (126.7) | | | Ending balance, September 30, 2026 | | $ | (494.8) | | | $ | 196.2 | | | $ | (2.5) | | | $ | (301.1) | | | | | | | | | | | | Beginning balance, July 1, 2025 | | $ | (309.9) | | | $ | 99.8 | | | $ | (7.0) | | | $ | (217.1) | | Other comprehensive income (loss) before reclassifications | | 58.7 | | | (20.4) | | | — | | | 38.3 | | Amounts reclassified from AOCI(3) | | 0.4 | | | — | | | — | | | 0.4 | | | Net current period other comprehensive income (loss) | | 59.1 | | | (20.4) | | | — | | | 38.7 | | | Ending balance, September 30, 2025 | | $ | (250.8) | | | $ | 79.4 | | | $ | (7.0) | | | $ | (178.4) | | | | | | | | | | | | Beginning balance, January 1, 2026 | | $ | (245.5) | | | $ | 93.4 | | | $ | (2.5) | | | $ | (154.6) | | | Other comprehensive income (loss) before reclassifications | | (250.6) | | | 102.8 | | | — | | | (147.8) | | Amounts reclassified from AOCI(2) | | 1.3 | | | — | | | — | | | 1.3 | | | Net current period other comprehensive income (loss) | | (249.3) | | | 102.8 | | | — | | | (146.5) | | | Ending balance, September 30, 2026 | | $ | (494.8) | | | $ | 196.2 | | | $ | (2.5) | | | $ | (301.1) | | | | | | | | | | | | Beginning balance, January 1, 2025 | | $ | (357.4) | | | $ | 110.9 | | | $ | (7.0) | | | $ | (253.5) | | | Other comprehensive income (loss) before reclassifications | | 103.1 | | | (31.5) | | | — | | | 71.6 | | Amounts reclassified from AOCI(3) | | 3.5 | | | — | | | — | | | 3.5 | | | Net current period other comprehensive income (loss) | | 106.6 | | | (31.5) | | | — | | | 75.1 | | | Ending balance, September 30, 2025 | | $ | (250.8) | | | $ | 79.4 | | | $ | (7.0) | | | $ | (178.4) | |
(1)All amounts are net of tax. (2)The pretax amounts reclassified from AOCI, $(2.1) million and $(1.7) million, are included in Net investment gains (losses) and the related income tax benefits, $(0.5) million and $(0.4) million, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2026, respectively. (3)The pretax amounts reclassified from AOCI, $(0.6) million and $(4.5) million, are included in Net investment gains (losses) and the related income tax benefits, $(0.1) million and $(0.9) million, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2025, respectively.
|