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Investing Activities - Schedule of Available-for-sale Securities (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Fair Value and Cost of Securities:    
Total $ 4,238.8us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis $ 4,060.9us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
Gross Unrealized Gains 250.7us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax 198.8us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
Gross Unrealized Losses (31.3)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax (37.9)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
Fair Value 4,458.2us-gaap_AvailableForSaleSecuritiesDebtSecurities 4,221.8us-gaap_AvailableForSaleSecuritiesDebtSecurities
OTTI Recognized in AOCI (12.4)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome (13.0)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
Amortized Cost 28.4us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis 28.4us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis
Gross Unrealized Gains 1.2us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax 0.6us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
Gross Unrealized Losses (0.1)us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax (0.3)us-gaap_AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
Fair Value 29.5us-gaap_AvailableForSaleSecuritiesEquitySecurities 28.7us-gaap_AvailableForSaleSecuritiesEquitySecurities
OTTI Recognized in AOCI 0phlvic_AvailableforsaleEquitySecuritiesOtherComprehensiveIncome 0phlvic_AvailableforsaleEquitySecuritiesOtherComprehensiveIncome
U.S. government and agency    
Fair Value and Cost of Securities:    
Total 82.0us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
82.4us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Gross Unrealized Gains 8.3us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
6.9us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Gross Unrealized Losses 0us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
0us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Fair Value 90.3us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
89.3us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
OTTI Recognized in AOCI 0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
State and political subdivision    
Fair Value and Cost of Securities:    
Total 227.7us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
217.2us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Gross Unrealized Gains 18.5us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
13.6us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Gross Unrealized Losses (1.5)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
(1.6)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Fair Value 244.7us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
229.2us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
OTTI Recognized in AOCI (0.2)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
(0.2)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USStatesAndPoliticalSubdivisionsMember
Foreign government    
Fair Value and Cost of Securities:    
Total 77.9us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
69.2us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
Gross Unrealized Gains 6.8us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
5.4us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
Gross Unrealized Losses (0.3)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
(0.8)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
Fair Value 84.4us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
73.8us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
OTTI Recognized in AOCI 0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ForeignGovernmentDebtSecuritiesMember
Corporate    
Fair Value and Cost of Securities:    
Total 2,930.1us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
2,730.7us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Gross Unrealized Gains 168.2us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
128.4us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Gross Unrealized Losses (22.6)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
(27.2)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Fair Value 3,075.7us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
2,831.9us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
OTTI Recognized in AOCI (1.5)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
(1.5)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Commercial mortgage-backed (“CMBS”)    
Fair Value and Cost of Securities:    
Total 235.5us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
236.2us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
Gross Unrealized Gains 22.4us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
19.4us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
Gross Unrealized Losses 0us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
0us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
Fair Value 257.9us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
255.6us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
OTTI Recognized in AOCI 0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommercialMortgageBackedSecuritiesMember
Residential mortgage-backed (“RMBS”)    
Fair Value and Cost of Securities:    
Total 502.7us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
558.9us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Gross Unrealized Gains 21.4us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
20.9us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Gross Unrealized Losses (2.5)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
(3.4)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Fair Value 521.6us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
576.4us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
OTTI Recognized in AOCI (8.5)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
(8.6)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Collateralized debt obligations (“CDO”) / collateralized loan obligations (“CLO”)    
Fair Value and Cost of Securities:    
Total 96.1us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
84.2us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
Gross Unrealized Gains 1.0us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
0.4us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
Gross Unrealized Losses (0.6)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
(1.1)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
Fair Value 96.5us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
83.5us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
OTTI Recognized in AOCI (2.2)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
(2.7)phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= phlvic_CdoOrCloDebtSecuritiesMember
Other asset-backed (“ABS”)    
Fair Value and Cost of Securities:    
Total 86.8us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
82.1us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
Gross Unrealized Gains 4.1us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
3.8us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
Gross Unrealized Losses (3.8)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
(3.8)us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
Fair Value 87.1us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
82.1us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
OTTI Recognized in AOCI $ 0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember
$ 0phlvic_AvailableforsaleDebtSecuritiesOtherComprehensiveIncome
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_AssetBackedSecuritiesMember