XML 47 R34.htm IDEA: XBRL DOCUMENT v3.19.2
Investments Investment Portfolio by Major Security Type (Detail) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 31,949.1 $ 30,051.8 $ 27,293.0
Gross Unrealized Gains 610.0 115.4 36.8
Gross Unrealized Losses (11.9) (249.6) (304.1)
Net Holding Period Gains (Losses) 1.9 (10.2) (5.3)
Total available-for-sale securities $ 32,549.1 $ 29,907.4 $ 27,020.4
% of Total Fair Value 88.40% 89.10% 87.40%
Equity securities, at Fair Value      
Cost $ 2,264.0 $ 2,151.5 $ 1,991.0
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 2,001.5 1,508.5 1,909.8
Fair Value $ 4,265.5 $ 3,660.0 $ 3,900.8
% of Total Fair Value 11.60% 10.90% 12.60%
Debt and Equity Securities, at Fair Value      
Cost $ 34,213.1 $ 32,203.3 $ 29,284.0
Gross Unrealized Gains 610.0 115.4 36.8
Gross Unrealized Losses (11.9) (249.6) (304.1)
Net Holding Period Gains (Losses) 2,003.4 1,498.3 1,904.5
Fair Value $ 36,814.6 $ 33,567.4 $ 30,921.2
% of Total Fair Value 100.00% 100.00% 100.00%
Unsettled security transactions, payable $ 303.5 $ 5.9 $ 362.1
Total fair value of non-insurance subsidiary portfolio 1,200.0 2,900.0 1,700.0
Nonredeemable preferred stocks      
Equity securities, at Fair Value      
Cost 1,060.3 1,002.6 677.0
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 69.7 31.3 81.6
Fair Value $ 1,130.0 $ 1,033.9 $ 758.6
% of Total Fair Value 3.10% 3.10% 2.40%
Common equities      
Equity securities, at Fair Value      
Cost $ 1,203.7 $ 1,148.9 $ 1,314.0
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 1,931.8 1,477.2 1,828.2
Fair Value $ 3,135.5 $ 2,626.1 $ 3,142.2
% of Total Fair Value 8.50% 7.80% 10.20%
Total fixed maturities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 30,588.2 $ 28,255.9 $ 24,061.8
Gross Unrealized Gains 610.0 115.4 36.8
Gross Unrealized Losses (11.9) (249.6) (304.1)
Net Holding Period Gains (Losses) 1.9 (10.2) (5.3)
Total available-for-sale securities $ 31,188.2 $ 28,111.5 $ 23,789.2
% of Total Fair Value 84.70% 83.70% 76.90%
Total fixed maturities | U.S. government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 12,121.9 $ 9,897.4 $ 8,005.8
Gross Unrealized Gains 259.7 71.2 0.9
Gross Unrealized Losses (2.2) (52.1) (141.3)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 12,379.4 $ 9,916.5 $ 7,865.4
% of Total Fair Value 33.60% 29.50% 25.40%
Total fixed maturities | State and local government obligations      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 1,563.6 $ 1,654.6 $ 1,678.9
Gross Unrealized Gains 27.4 7.3 4.3
Gross Unrealized Losses (1.3) (12.8) (15.9)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 1,589.7 $ 1,649.1 $ 1,667.3
% of Total Fair Value 4.30% 4.90% 5.40%
Total fixed maturities | Corporate debt securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 7,176.7 $ 8,808.5 $ 7,422.4
Gross Unrealized Gains 210.1 13.6 4.2
Gross Unrealized Losses (1.8) (125.3) (94.3)
Net Holding Period Gains (Losses) 0.7 (2.5) (2.0)
Total available-for-sale securities $ 7,385.7 $ 8,694.3 $ 7,330.3
% of Total Fair Value 20.10% 25.90% 23.70%
Total fixed maturities | Residential mortgage-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 660.4 $ 733.5 $ 819.6
Gross Unrealized Gains 6.2 6.0 8.4
Gross Unrealized Losses (1.4) (5.1) (5.4)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 665.2 $ 734.4 $ 822.6
% of Total Fair Value 1.80% 2.20% 2.70%
Total fixed maturities | Commercial mortgage-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 4,361.2 $ 3,332.8 $ 2,725.5
Gross Unrealized Gains 83.3 7.8 2.9
Gross Unrealized Losses (2.6) (39.0) (31.5)
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 4,441.9 $ 3,301.6 $ 2,696.9
% of Total Fair Value 12.10% 9.80% 8.70%
Total fixed maturities | Other asset-backed securities      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 4,478.2 $ 3,585.4 $ 3,189.2
Gross Unrealized Gains 19.9 3.6 2.0
Gross Unrealized Losses (1.0) (11.8) (13.7)
Net Holding Period Gains (Losses) 0.1 0.1 0.1
Total available-for-sale securities $ 4,497.2 $ 3,577.3 $ 3,177.6
% of Total Fair Value 12.20% 10.70% 10.30%
Total fixed maturities | Redeemable preferred stocks      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 226.2 $ 243.7 $ 220.4
Gross Unrealized Gains 3.4 5.9 14.1
Gross Unrealized Losses (1.6) (3.5) (2.0)
Net Holding Period Gains (Losses) 1.1 (7.8) (3.4)
Total available-for-sale securities $ 229.1 $ 238.3 $ 229.1
% of Total Fair Value 0.60% 0.70% 0.70%
Short-term investments      
Debt Securities, Available-for-Sale, at Fair Value      
Cost $ 1,360.9 $ 1,795.9 $ 3,231.2
Gross Unrealized Gains 0.0 0.0 0.0
Gross Unrealized Losses 0.0 0.0 0.0
Net Holding Period Gains (Losses) 0.0 0.0 0.0
Total available-for-sale securities $ 1,360.9 $ 1,795.9 $ 3,231.2
% of Total Fair Value 3.70% 5.40% 10.50%