Long-Duration Insurance Contracts - Balances of and Changes in the LFPB (Details) - USD ($) $ in Millions |
3 Months Ended |
9 Months Ended |
12 Months Ended |
|
|
Sep. 30, 2026 |
Sep. 30, 2026 |
Dec. 31, 2025 |
Jun. 30, 2026 |
Dec. 31, 2024 |
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
$ 1,463.3
|
$ 1,463.3
|
$ 1,611.5
|
|
|
| Whole Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
221.4
|
239.5
|
229.1
|
|
|
| Beginning balance at original discount rate |
250.8
|
270.6
|
263.2
|
|
|
| Change in cash flow assumptions |
|
|
(2.0)
|
$ (2.0)
|
$ 6.3
|
| Actual variances from expected experience |
|
|
(1.7)
|
(0.3)
|
0.3
|
| Adjusted balance |
|
|
267.0
|
248.5
|
269.8
|
| Issuances |
2.2
|
7.5
|
10.7
|
|
|
| Interest accruals |
2.1
|
6.4
|
8.4
|
|
|
| Net premiums collected |
(6.4)
|
(34.6)
|
(18.3)
|
|
|
| Ending balance at original discount rate |
246.3
|
246.3
|
270.6
|
|
|
| Effect of changes in discount rate assumptions |
(41.3)
|
(41.3)
|
(31.1)
|
|
|
| Ending balance |
205.1
|
205.1
|
239.5
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
501.7
|
518.4
|
504.3
|
|
|
| Beginning balance at original discount rate |
613.7
|
613.7
|
631.9
|
616.5
|
617.4
|
| Changes in cash flow assumptions |
|
|
(2.4)
|
(2.4)
|
5.9
|
| Actual variances from expected experience |
|
|
(1.8)
|
(0.5)
|
1.0
|
| Adjusted balance |
|
|
627.6
|
613.5
|
624.3
|
| Issuances |
2.2
|
7.5
|
10.7
|
|
|
| Interest accruals |
5.4
|
16.2
|
21.0
|
|
|
| Benefit payments |
(7.4)
|
(37.6)
|
(24.1)
|
|
|
| Ending balance at original discount rate |
613.7
|
613.7
|
631.9
|
|
|
| Effect of changes in discount rate assumptions |
(155.1)
|
(155.1)
|
(113.5)
|
|
|
| Ending balance |
458.5
|
458.5
|
518.4
|
|
|
| Net liability for future policy benefits |
253.5
|
253.5
|
278.8
|
|
|
| Less: Reinsurance recoverable |
(52.5)
|
(52.5)
|
(57.3)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
201.0
|
201.0
|
221.5
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
201.0
|
201.0
|
221.5
|
|
|
| Term Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
244.5
|
245.2
|
245.9
|
|
|
| Beginning balance at original discount rate |
261.3
|
259.7
|
271.2
|
|
|
| Change in cash flow assumptions |
|
|
16.7
|
16.7
|
(16.5)
|
| Actual variances from expected experience |
|
|
(3.3)
|
(1.8)
|
(3.4)
|
| Adjusted balance |
|
|
273.2
|
276.2
|
251.3
|
| Issuances |
5.7
|
16.0
|
23.6
|
|
|
| Interest accruals |
3.0
|
8.7
|
11.1
|
|
|
| Net premiums collected |
(6.7)
|
(19.6)
|
(26.3)
|
|
|
| Ending balance at original discount rate |
278.2
|
278.2
|
259.7
|
|
|
| Effect of changes in discount rate assumptions |
(36.4)
|
(36.4)
|
(14.5)
|
|
|
| Ending balance |
241.8
|
241.8
|
245.2
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
393.0
|
389.3
|
377.8
|
|
|
| Beginning balance at original discount rate |
458.5
|
458.5
|
429.8
|
437.4
|
433.2
|
| Changes in cash flow assumptions |
|
|
16.8
|
16.8
|
(20.7)
|
| Actual variances from expected experience |
|
|
(3.9)
|
(3.0)
|
(4.4)
|
| Adjusted balance |
|
|
442.7
|
451.1
|
408.1
|
| Issuances |
5.7
|
16.2
|
23.8
|
|
|
| Interest accruals |
4.6
|
13.4
|
17.0
|
|
|
| Benefit payments |
(3.0)
|
(13.7)
|
(19.1)
|
|
|
| Ending balance at original discount rate |
458.5
|
458.5
|
429.8
|
|
|
| Effect of changes in discount rate assumptions |
(81.4)
|
(81.4)
|
(40.4)
|
|
|
| Ending balance |
377.1
|
377.1
|
389.3
|
|
|
| Net liability for future policy benefits |
135.3
|
135.3
|
144.1
|
|
|
| Less: Reinsurance recoverable |
(20.6)
|
(20.6)
|
(20.9)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
114.7
|
114.7
|
123.2
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
114.7
|
114.7
|
123.2
|
|
|
| Experience life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
63.0
|
67.1
|
66.6
|
|
|
| Beginning balance at original discount rate |
61.6
|
64.5
|
65.4
|
|
|
| Change in cash flow assumptions |
|
|
(4.3)
|
(4.3)
|
0.7
|
| Actual variances from expected experience |
|
|
(2.2)
|
(0.9)
|
1.6
|
| Adjusted balance |
|
|
57.9
|
56.3
|
67.7
|
| Issuances |
0.0
|
0.0
|
0.0
|
|
|
| Interest accruals |
0.8
|
2.6
|
3.7
|
|
|
| Net premiums collected |
(1.5)
|
(4.9)
|
(6.9)
|
|
|
| Ending balance at original discount rate |
55.6
|
55.6
|
64.5
|
|
|
| Effect of changes in discount rate assumptions |
(2.2)
|
(2.2)
|
2.6
|
|
|
| Ending balance |
53.4
|
53.4
|
67.1
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
780.9
|
807.8
|
813.2
|
|
|
| Beginning balance at original discount rate |
737.1
|
737.1
|
763.3
|
750.9
|
782.8
|
| Changes in cash flow assumptions |
|
|
(7.1)
|
(7.1)
|
1.7
|
| Actual variances from expected experience |
|
|
(2.9)
|
(1.2)
|
3.4
|
| Adjusted balance |
|
|
753.3
|
742.6
|
787.9
|
| Issuances |
0.0
|
0.0
|
0.0
|
|
|
| Interest accruals |
10.9
|
33.3
|
45.7
|
|
|
| Benefit payments |
(16.4)
|
(49.4)
|
(70.3)
|
|
|
| Ending balance at original discount rate |
737.1
|
737.1
|
763.3
|
|
|
| Effect of changes in discount rate assumptions |
(20.5)
|
(20.5)
|
44.5
|
|
|
| Ending balance |
716.6
|
716.6
|
807.8
|
|
|
| Net liability for future policy benefits |
663.2
|
663.2
|
740.8
|
|
|
| Less: Reinsurance recoverable |
(0.7)
|
(0.7)
|
(0.8)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
662.4
|
662.4
|
740.0
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
662.4
|
662.4
|
740.0
|
|
|
| Limited-Pay Whole Life |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
33.7
|
35.0
|
34.2
|
|
|
| Beginning balance at original discount rate |
35.6
|
36.5
|
36.8
|
|
|
| Change in cash flow assumptions |
|
|
(0.2)
|
(0.2)
|
0.4
|
| Actual variances from expected experience |
|
|
(0.6)
|
(0.2)
|
(0.2)
|
| Adjusted balance |
|
|
35.7
|
35.3
|
37.0
|
| Issuances |
0.3
|
1.4
|
2.5
|
|
|
| Interest accruals |
0.4
|
1.1
|
1.5
|
|
|
| Net premiums collected |
(1.1)
|
(3.3)
|
(4.5)
|
|
|
| Ending balance at original discount rate |
34.9
|
34.9
|
36.5
|
|
|
| Effect of changes in discount rate assumptions |
(3.3)
|
(3.3)
|
(1.5)
|
|
|
| Ending balance |
31.5
|
31.5
|
35.0
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
89.8
|
89.6
|
86.2
|
|
|
| Beginning balance at original discount rate |
119.4
|
119.4
|
118.1
|
119.3
|
114.3
|
| Changes in cash flow assumptions |
|
|
(0.2)
|
(0.2)
|
0.2
|
| Actual variances from expected experience |
|
|
(0.7)
|
(0.3)
|
0.0
|
| Adjusted balance |
|
|
117.2
|
118.8
|
114.5
|
| Issuances |
0.3
|
1.4
|
2.5
|
|
|
| Interest accruals |
1.2
|
3.5
|
4.5
|
|
|
| Benefit payments |
(1.0)
|
(2.7)
|
(3.4)
|
|
|
| Ending balance at original discount rate |
119.4
|
119.4
|
118.1
|
|
|
| Effect of changes in discount rate assumptions |
(38.3)
|
(38.3)
|
(28.5)
|
|
|
| Ending balance |
81.1
|
81.1
|
89.6
|
|
|
| Net liability for future policy benefits |
49.6
|
49.6
|
54.6
|
|
|
| Less: Reinsurance recoverable |
(1.4)
|
(1.4)
|
(1.4)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
48.2
|
48.2
|
53.2
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
48.2
|
48.2
|
53.2
|
|
|
| Supplemental health |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Net Premium [Roll Forward] |
|
|
|
|
|
| Beginning balance |
189.0
|
187.5
|
179.9
|
|
|
| Beginning balance at original discount rate |
216.6
|
213.6
|
214.6
|
|
|
| Change in cash flow assumptions |
|
|
(9.1)
|
(9.1)
|
(2.8)
|
| Actual variances from expected experience |
|
|
6.7
|
3.7
|
(2.4)
|
| Adjusted balance |
|
|
211.1
|
211.0
|
209.4
|
| Issuances |
14.3
|
24.4
|
22.9
|
|
|
| Interest accruals |
2.0
|
5.5
|
7.0
|
|
|
| Net premiums collected |
(7.1)
|
(20.9)
|
(25.7)
|
|
|
| Ending balance at original discount rate |
220.1
|
220.1
|
213.6
|
|
|
| Effect of changes in discount rate assumptions |
(34.0)
|
(34.0)
|
(26.1)
|
|
|
| Ending balance |
186.1
|
186.1
|
187.5
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Beginning balance |
377.6
|
379.0
|
383.4
|
|
|
| Beginning balance at original discount rate |
463.9
|
463.9
|
462.7
|
464.3
|
482.8
|
| Changes in cash flow assumptions |
|
|
(13.3)
|
(13.3)
|
(5.3)
|
| Actual variances from expected experience |
|
|
7.2
|
4.4
|
(4.7)
|
| Adjusted balance |
|
|
456.6
|
455.3
|
472.8
|
| Issuances |
14.3
|
24.4
|
22.9
|
|
|
| Interest accruals |
3.6
|
10.5
|
13.9
|
|
|
| Benefit payments |
(9.3)
|
(27.6)
|
(46.9)
|
|
|
| Ending balance at original discount rate |
463.9
|
463.9
|
462.7
|
|
|
| Effect of changes in discount rate assumptions |
(104.3)
|
(104.3)
|
(83.7)
|
|
|
| Ending balance |
359.6
|
359.6
|
379.0
|
|
|
| Net liability for future policy benefits |
173.5
|
173.5
|
191.8
|
|
|
| Less: Reinsurance recoverable |
(4.7)
|
(4.7)
|
(5.1)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
168.8
|
168.8
|
186.7
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
168.8
|
168.8
|
186.7
|
|
|
| Cancer |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
59.8
|
59.8
|
66.0
|
|
|
| Accident |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
15.5
|
15.5
|
17.9
|
|
|
| Disability |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
18.7
|
18.7
|
21.3
|
|
|
| Other |
|
|
|
|
|
| Liability for Future Policy Benefit, Expected Future Policy Benefit [Roll Forward] |
|
|
|
|
|
| Net liability for future policy benefits |
74.7
|
74.7
|
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 |
0.4
|
0.7
|
2.4
|
|
|
| Interest accruals |
0.0
|
0.0
|
0.0
|
|
|
| Net premiums collected |
(0.4)
|
(0.7)
|
(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 |
91.5
|
96.0
|
97.3
|
|
|
| Beginning balance at original discount rate |
98.5
|
98.5
|
103.0
|
99.7
|
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
|
$ 99.7
|
$ 107.4
|
| Issuances |
0.4
|
0.7
|
2.4
|
|
|
| Interest accruals |
1.0
|
2.9
|
4.1
|
|
|
| Benefit payments |
(2.7)
|
(7.8)
|
(10.9)
|
|
|
| Ending balance at original discount rate |
98.5
|
98.5
|
103.0
|
|
|
| Effect of changes in discount rate assumptions |
(12.8)
|
(12.8)
|
(7.0)
|
|
|
| Ending balance |
85.6
|
85.6
|
96.0
|
|
|
| Net liability for future policy benefits |
85.6
|
85.6
|
96.0
|
|
|
| Less: Reinsurance recoverable |
(3.8)
|
(3.8)
|
(3.8)
|
|
|
| Net liability for future policy benefits, after reinsurance recoverable |
81.9
|
81.9
|
92.2
|
|
|
| Impact of flooring on net liability for future policy benefits |
0.0
|
0.0
|
0.0
|
|
|
| Net liability for future policy benefits |
$ 81.9
|
$ 81.9
|
$ 92.2
|
|
|