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Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
OPERATING ACTIVITIES:      
Net income (loss) $ (109.3)us-gaap_NetIncomeLoss $ 64.4us-gaap_NetIncomeLoss $ (139.1)us-gaap_NetIncomeLoss
Net realized investment gains / losses 65.0us-gaap_RealizedInvestmentGainsLosses 3.0us-gaap_RealizedInvestmentGainsLosses 34.0us-gaap_RealizedInvestmentGainsLosses
Policy acquisition costs deferred (83.7)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts (66.7)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts (69.8)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts
Policy acquisition cost amortization 84.9us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 83.4us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 100.5us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
Interest credited 104.7pnx_InterestCredited 91.2pnx_InterestCredited 69.5pnx_InterestCredited
Equity in earnings of limited partnerships and other investments (2.0)us-gaap_UndistributedEarnings (0.4)us-gaap_UndistributedEarnings (0.1)us-gaap_UndistributedEarnings
Change in:      
Accrued investment income (15.4)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable (7.4)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable (8.5)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
Deferred income taxes (17.3)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 0us-gaap_IncreaseDecreaseInDeferredIncomeTaxes (10.9)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Reinsurance recoverable 29.7us-gaap_IncreaseDecreaseInReinsuranceRecoverable (44.6)us-gaap_IncreaseDecreaseInReinsuranceRecoverable (12.1)us-gaap_IncreaseDecreaseInReinsuranceRecoverable
Policy liabilities and accruals (186.8)us-gaap_IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities (261.2)us-gaap_IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities (51.7)us-gaap_IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities
Due to/from related parties (9.4)us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent 0.5us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent (7.5)us-gaap_IncreaseDecreaseInDueFromRelatedPartiesCurrent
Other operating activities, net 56.2us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 7.3us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (69.7)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Cash provided by (used for) operating activities (83.4)us-gaap_NetCashProvidedByUsedInOperatingActivities (130.5)us-gaap_NetCashProvidedByUsedInOperatingActivities (165.4)us-gaap_NetCashProvidedByUsedInOperatingActivities
Purchases of:      
Available-for-sale debt securities (1,056.9)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (977.2)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (852.8)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Available-for-sale equity securities (17.4)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity (8.4)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity 0us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity
Short-term investments (704.1)us-gaap_PaymentsToAcquireShortTermInvestments (324.8)us-gaap_PaymentsToAcquireShortTermInvestments (574.7)us-gaap_PaymentsToAcquireShortTermInvestments
Derivative instruments (55.9)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities (89.0)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities (98.1)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities
Fair value investments (0.9)pnx_FairValueOptionInvestments (21.1)pnx_FairValueOptionInvestments (5.7)pnx_FairValueOptionInvestments
Sales, repayments and maturities of:      
Available-for-sale debt securities 393.8pnx_ProceedsFromSaleRepaymentsAndMaturitiesOfAvailableForSaleSecuritiesDebt 389.0pnx_ProceedsFromSaleRepaymentsAndMaturitiesOfAvailableForSaleSecuritiesDebt 438.1pnx_ProceedsFromSaleRepaymentsAndMaturitiesOfAvailableForSaleSecuritiesDebt
Available-for-sale equity securities 1.0pnx_ProceedsFromSaleRepaymentsAndMaturitiesOfAvailableForSaleSecuritiesEquity 0pnx_ProceedsFromSaleRepaymentsAndMaturitiesOfAvailableForSaleSecuritiesEquity 0pnx_ProceedsFromSaleRepaymentsAndMaturitiesOfAvailableForSaleSecuritiesEquity
Short-term investments 705.4us-gaap_ProceedsFromSaleOfShortTermInvestments 489.8us-gaap_ProceedsFromSaleOfShortTermInvestments 425.8us-gaap_ProceedsFromSaleOfShortTermInvestments
Derivative instruments 84.6us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities 42.9us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities 26.7us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities
Fair value investments 3.9us-gaap_FairValueOptionChangesInFairValueGainLoss1 10.1us-gaap_FairValueOptionChangesInFairValueGainLoss1 12.4us-gaap_FairValueOptionChangesInFairValueGainLoss1
Contributions to limited partnerships and limited liability corporations (8.9)pnx_ContributionsToLimitedPartnerships (4.3)pnx_ContributionsToLimitedPartnerships (2.1)pnx_ContributionsToLimitedPartnerships
Distributions from limited partnerships and limited liability corporations 1.8pnx_DistributionFromLimitedPartnerships 7.8pnx_DistributionFromLimitedPartnerships 0.3pnx_DistributionFromLimitedPartnerships
Policy loans, net 0.3us-gaap_PaymentsForProceedsFromLifeInsurancePolicies (2.8)us-gaap_PaymentsForProceedsFromLifeInsurancePolicies 3.9us-gaap_PaymentsForProceedsFromLifeInsurancePolicies
Other investing activities, net (4.0)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0.7us-gaap_PaymentsForProceedsFromOtherInvestingActivities (1.0)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Cash provided by (used for) investing activities (657.3)us-gaap_NetCashProvidedByUsedInInvestingActivities (487.3)us-gaap_NetCashProvidedByUsedInInvestingActivities (627.2)us-gaap_NetCashProvidedByUsedInInvestingActivities
FINANCING ACTIVITIES:      
Policyholder deposits 1,005.4us-gaap_AdditionsToContractHoldersFunds 920.8us-gaap_AdditionsToContractHoldersFunds 1,074.7us-gaap_AdditionsToContractHoldersFunds
Policyholder withdrawals (645.6)us-gaap_WithdrawalFromContractHoldersFunds (605.2)us-gaap_WithdrawalFromContractHoldersFunds (513.8)us-gaap_WithdrawalFromContractHoldersFunds
Net transfers to/from separate accounts 347.2pnx_NetTransfersTofromSeparateAccounts 325.1pnx_NetTransfersTofromSeparateAccounts 265.3pnx_NetTransfersTofromSeparateAccounts
Capital contributions from parent 15.0us-gaap_ProceedsFromContributionsFromParent 45.0us-gaap_ProceedsFromContributionsFromParent 0us-gaap_ProceedsFromContributionsFromParent
Debt issued 0us-gaap_ProceedsFromIssuanceOfLongTermDebt 30.0us-gaap_ProceedsFromIssuanceOfLongTermDebt 0us-gaap_ProceedsFromIssuanceOfLongTermDebt
Cash provided by (used for) financing activities 722.0us-gaap_NetCashProvidedByUsedInFinancingActivities 715.7us-gaap_NetCashProvidedByUsedInFinancingActivities 826.2us-gaap_NetCashProvidedByUsedInFinancingActivities
Change in cash and cash equivalents (18.7)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 97.9us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 33.6us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 181.0us-gaap_CashAndCashEquivalentsAtCarryingValue 83.1us-gaap_CashAndCashEquivalentsAtCarryingValue 49.5us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 162.3us-gaap_CashAndCashEquivalentsAtCarryingValue 181.0us-gaap_CashAndCashEquivalentsAtCarryingValue 83.1us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosure of Cash Flow Information      
Income taxes (paid) refunded 28.4us-gaap_IncomeTaxesPaidNet 24.9us-gaap_IncomeTaxesPaidNet (40.9)us-gaap_IncomeTaxesPaidNet
Interest expense on indebtedness paid (3.2)us-gaap_InterestPaid 0us-gaap_InterestPaid 0us-gaap_InterestPaid
Non-Cash Transactions During the Period      
Investment exchanges $ 33.7pnx_InvestmentExchanges $ 33.4pnx_InvestmentExchanges $ 28.6pnx_InvestmentExchanges