11. Separate Accounts, Death and Insurance Benefits (Tables)

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Separate Account Investments of Account Balances of Variable Annuity Contracts with Guarantees:

Separate Account Investments of Account Balances of Variable Annuity Contracts with Guarantees:	Sept 30,		Dec 31,
($ in millions)	2012		2011
Debt securities	$	495.5	$	515.4
Equity funds		1,902.8		1,883.3
Other		73.1		81.7
Total	$	2,471.4	$	2,480.4

Changes in Guaranteed Liability Balances:

Changes in Guaranteed Insurance Benefit Liability Balances:	Year Ended
($ in millions)	September 30, 2012
	Annuity				Annuity
	GMDB				GMIB
Liability balance as of January 1, 2012		$	16.4			$	17.8
Incurred			(0.4	)			3.8
Paid			(1.0	)			—
Assumption unlocking			—				(0.2	)
Liability balance as of September 30, 2012		$	15.0			$	21.4

Changes in Guaranteed Insurance Benefit Liability Balances:	Year Ended
($ in millions)	December 31, 2011
	As restated and amended
	Annuity			Annuity
	GMDB			GMIB
Liability balance as of January 1, 2011	$	17.7		$	18.1
Incurred		0.8			(0.7	)
Paid		(2.1	)		—
Assumption unlocking		—			0.4
Liability balance as of December 31, 2011	$	16.4		$	17.8

Variable Annuity GMDB Benefits by Type:

GMDB and GMIB Benefits by Type:			NAR		Average
($ in millions)	Account		after		Attained Age
	Value		Reinsurance		of Annuitant
September 30, 2012
GMDB return of premium	$	819.9	$	8.0		62
GMDB step up		1,994.0		30.2		62
GMDB earnings enhancement benefit (“EEB”)		39.0		0.1		63
GMDB greater of annual step up and roll up		27.5		7.5		66
Total GMDB at September 30, 2012		2,880.4	$	45.8
Less: General account value with GMDB		427.1
Subtotal separate account liabilities with GMDB		2,453.3
Separate account liabilities without GMDB		942.1
Total separate account liabilities	$	3,395.4
GMIB(1) at September 30, 2012	$	427.3				63
December 31, 2011 as restated and amended
GMDB return of premium	$	839.6	$	22.5		61
GMDB step up		1,999.5		99.1		62
GMDB earnings enhancement benefit (“EEB”)		39.8		0.4		62
GMDB greater of annual step up and roll up		27.1		8.8		66
Total GMDB at December 31, 2011		2,906.0	$	130.8
Less: General account value with GMDB		444.1
Subtotal separate account liabilities with GMDB		2,461.9
Separate account liabilities without GMDB		1,355.0
Total separate account liabilities	$	3,816.9
GMIB(1) at December 31, 2011	$	442.1				63

Changes in Guaranteed Liability Balances:

Changes in Guaranteed Liability Balances:	Fixed Indexed Annuity
($ in millions)	GMWB & GMDB
	Sept 30,			Dec 31,
	2012			2011
				As restated and amended
Liability balance, beginning of period		$	5.6		$	0.5
Incurred			32.3			5.1
Paid			—			—
Liability balance, end of period		$	37.9		$	5.6

Changes in Guaranteed Liability Balances:	Universal Life
($ in millions)	GMWB & GMDB
	Sept 30,		Dec 31,
	2012		2011
			As restated and amended
Liability balance, beginning of period	$	115.9	$	104.5
Incurred		15.0		34.6
Paid		(7.2)		(6.2)
Assumption unlocking		—		(17.0)
Liability balance, end of period	$	123.7	$	115.9

Non-Insurance Guaranteed Product Features

Non-Insurance Guaranteed Product Features:			Average
($ in millions)			Attained
	Account		Age of
	Value		Annuitant
September 30, 2012
GMWB	$	590.6		63
GMAB		397.2		58
COMBO		10.2		61
Total at September 30, 2012	$	998.0
December 31, 2011 as restated and amended
GMWB	$	572.5		62
GMAB		385.6		57
COMBO		10.1		61
Total at December 31, 2011	$	968.2

Variable Annuity Embedded Derivative Liabilities

Variable Annuity Embedded Derivative Liabilities:	Sept 30,			Dec 31,
($ in millions)	2012			2011
				As restated
				and amended
GMWB	$	19.0		$	23.6
GMAB		17.1			25.3
COMBO		(0.4	)		(0.3	)
Total variable annuity embedded derivative liabilities	$	35.7		$	48.6