XML 105 R89.htm IDEA: XBRL DOCUMENT v3.24.0.1
Investments - Mortgage Loan Valuation Allowance (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total, Changes in financing receivable valuation allowance      
Beginning balance valuation allowance $ 86.8 $ 49.0 $ 52.9
Provision 51.9 35.7 (6.6)
Charge-offs (0.4) (0.2) (0.5)
Recoveries 1.4 2.3 3.6
Foreign currency translation adjustment (0.1)   (0.4)
Ending balance valuation allowance 139.6 86.8 49.0
Allowance recorded 139.6 86.8 49.0
Commercial mortgage loans      
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance      
Beginning balance, Financing receivable valuation allowance 77.9 43.9 43.2
Provision: Financing receivable valuation allowance 51.0 34.0 1.0
Foreign currency translation adjustment: Financing receivable valuation allowance (0.1)   (0.3)
Ending balance, Financing receivable valuation allowance $ 128.8 77.9 43.9
Total, Changes in financing receivable valuation allowance      
Mortgage loans, Days delinquent to be analyzed for valuation allowance 60 days    
Direct financing leases      
Direct financing leases, Changes in financing receivable valuation allowance      
Beginning balance, Direct financing lease valuation allowance $ 0.6 0.4 0.1
Provision: Direct financing lease valuation allowance 0.3 0.2 0.4
Foreign currency translation adjustment: Direct financing lease valuation allowance     (0.1)
Ending balance, Direct financing lease valuation allowance 0.9 0.6 0.4
Residential mortgage loans      
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance      
Beginning balance, Financing receivable valuation allowance 5.6 2.0 6.9
Provision: Financing receivable valuation allowance 0.1 1.5 (8.0)
Charge-offs: Financing receivable valuation allowance (0.4) (0.2) (0.5)
Recoveries: Financing receivable valuation allowance 1.4 2.3 3.6
Ending balance, Financing receivable valuation allowance $ 6.7 5.6 2.0
Total, Changes in financing receivable valuation allowance      
Mortgage loans, Days delinquent to be analyzed for valuation allowance 60 days    
Reinsurance recoverables      
Mortgage loans and reinsurance recoverables, Changes in financing receivable valuation allowance      
Beginning balance, Financing receivable valuation allowance $ 2.7 2.7 2.7
Provision: Financing receivable valuation allowance 0.5    
Ending balance, Financing receivable valuation allowance 3.2 2.7 2.7
Other financing receivables      
Total, Changes in financing receivable valuation allowance      
Beginning balance valuation allowance 0.0 0.0  
Ending balance valuation allowance 0.0 0.0 0.0
Allowance recorded $ 0.0 $ 0.0 $ 0.0