XML 96 R85.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value of Financial Instruments - Schedule of Changes in Level 3 Financial Assets (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Changes in balances of Level 3 financial assets      
Balance at beginning of period $ 701.6 $ 199.7 $ 199.7
Total realized/unrealized net earnings (loss) 0.0 0.8  
Total realized/unrealized other comp. income (loss) 23.5 (1.4)  
Purchases and issuances 55.6 75.5  
Sales and settlements (78.9) (49.3)  
Transfer into Level 3 110.6 9.8  
Transfer out of Level 3 (5.7) (3.4)  
Balance at end of period 806.7 231.7 701.6
Changes in balances of Level 3 financial liabilities      
Balance at beginning of period 11.9 4.8 4.8
Total realized/unrealized net earnings (loss) (3.1) (0.7)  
Total realized/unrealized other comp. income (loss) 0.0 0.0  
Purchases and issuances 0.0 0.0  
Sales and settlements 0.0 0.0  
Transfer into Level 3 0.0 0.0  
Transfer out of Level 3 0.0 0.0  
Balance at end of period $ 8.8 4.1 11.9
Assets, Total | Level 3      
Changes in balances of Level 3 financial liabilities      
Percent of total assets (less than) 1.00%    
Fixed maturity securities      
Changes in balances of Level 3 financial assets      
Balance at beginning of period $ 640.4 192.8 192.8
Total realized/unrealized net earnings (loss) 0.0 0.8  
Total realized/unrealized other comp. income (loss) 23.5 (1.4)  
Purchases and issuances 55.6 60.5  
Sales and settlements (78.9) (49.3)  
Transfer into Level 3 110.6 6.9  
Transfer out of Level 3 (5.7) (3.4)  
Balance at end of period 745.5 206.9 640.4
States, municipalities and political subdivisions      
Changes in balances of Level 3 financial assets      
Balance at beginning of period   6.0 6.0
Total realized/unrealized net earnings (loss)   0.0  
Total realized/unrealized other comp. income (loss)   (0.1)  
Purchases and issuances   0.1  
Sales and settlements   0.0  
Transfer into Level 3   0.4  
Transfer out of Level 3   0.0  
Balance at end of period   6.4  
Residential mortgage-backed securities      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 19.0 14.6 14.6
Total realized/unrealized net earnings (loss) 0.0 0.1  
Total realized/unrealized other comp. income (loss) 0.1 0.3  
Purchases and issuances 0.0 0.0  
Sales and settlements (0.3) (4.4)  
Transfer into Level 3 0.0 0.0  
Transfer out of Level 3 (5.7) (3.4)  
Balance at end of period 13.1 7.2 19.0
Commercial mortgage-backed securities      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 58.2 12.2 12.2
Total realized/unrealized net earnings (loss) 0.0 0.0  
Total realized/unrealized other comp. income (loss) 1.6 (0.1)  
Purchases and issuances 2.4 5.7  
Sales and settlements (0.4) 0.0  
Transfer into Level 3 0.0 0.0  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 61.8 17.8 58.2
Asset-backed securities      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 478.2 133.7 133.7
Total realized/unrealized net earnings (loss) 0.0 0.7  
Total realized/unrealized other comp. income (loss) 13.3 (1.5)  
Purchases and issuances 48.6 49.5  
Sales and settlements (73.6) (44.5)  
Transfer into Level 3 5.6 0.0  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 472.1 137.9 478.2
Corporate and other      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 85.0 26.3 26.3
Total realized/unrealized net earnings (loss) 0.0 0.0  
Total realized/unrealized other comp. income (loss) 8.5 0.0  
Purchases and issuances 4.6 5.2  
Sales and settlements (4.6) (0.4)  
Transfer into Level 3 105.0 6.5  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 198.5 37.6 85.0
Total equity securities      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 61.2 6.6 6.6
Total realized/unrealized net earnings (loss) 0.0 0.0  
Total realized/unrealized other comp. income (loss) 0.0 0.0  
Purchases and issuances 0.0 15.0  
Sales and settlements 0.0 0.0  
Transfer into Level 3 0.0 2.9  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 61.2 24.5 61.2
Common Stock      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 5.9 0.2 0.2
Total realized/unrealized net earnings (loss) 0.2 0.0  
Total realized/unrealized other comp. income (loss) 0.0 0.0  
Purchases and issuances 0.0 0.0  
Sales and settlements 0.0 0.0  
Transfer into Level 3 0.0 0.4  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 6.1 0.6 5.9
Perpetual preferred stocks      
Changes in balances of Level 3 financial assets      
Balance at beginning of period 55.3 6.4 6.4
Total realized/unrealized net earnings (loss) (0.2) 0.0  
Total realized/unrealized other comp. income (loss) 0.0 0.0  
Purchases and issuances 0.0 15.0  
Sales and settlements 0.0 0.0  
Transfer into Level 3 0.0 2.5  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 55.1 23.9 55.3
Derivatives      
Changes in balances of Level 3 financial assets      
Balance at beginning of period   0.3 0.3
Total realized/unrealized net earnings (loss)   0.0  
Total realized/unrealized other comp. income (loss)   0.0  
Purchases and issuances   0.0  
Sales and settlements   0.0  
Transfer into Level 3   0.0  
Transfer out of Level 3   0.0  
Balance at end of period   0.3  
Other      
Changes in balances of Level 3 financial liabilities      
Balance at beginning of period 3.5 4.8 4.8
Total realized/unrealized net earnings (loss) (0.8) (0.7)  
Total realized/unrealized other comp. income (loss) 0.0 0.0  
Purchases and issuances 0.0 0.0  
Sales and settlements 0.0 0.0  
Transfer into Level 3 0.0 0.0  
Transfer out of Level 3 0.0 0.0  
Balance at end of period 2.7 $ 4.1 3.5
Embedded derivative      
Changes in balances of Level 3 financial liabilities      
Balance at beginning of period 8.4    
Total realized/unrealized net earnings (loss) (2.3)    
Total realized/unrealized other comp. income (loss) 0.0    
Purchases and issuances 0.0    
Sales and settlements 0.0    
Transfer into Level 3 0.0    
Transfer out of Level 3 0.0    
Balance at end of period $ 6.1   $ 8.4