Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

11. Segment Information

     The following tables present selected financial information by segment and reconcile segment pre-tax adjusted operating income (loss) to amounts reported in the consolidated statements of income.

	For the Three Months Ended June 30, 2011
			Deferred			Income
	Group		Annuities			Annuities		Life		Other			Total
Operating revenues:
Premiums	$	109.8	$	—		$	—	$	9.6	$	—		$	119.4
Net investment income		4.4		128.2			102.3		71.1		6.2			312.2
Policy fees, contract charges, and other		3.7		5.5			0.4		30.9		5.4			45.9
Net investment losses on fixed index annuity (FIA) options		—		(0.6	)		—		—		—			(0.6	)
Total operating revenues		117.9		133.1			102.7		111.6		11.6			476.9
Benefits and expenses:
Policyholder benefits and claims		68.5		—			—		15.2		—			83.7
Interest credited		—		79.9			83.6		62.2		(0.6	)		225.1
Other underwriting and operating expenses		28.3		14.2			5.9		15.5		6.6			70.5
Interest expense		—		—			—		—		8.0			8.0
Amortization of DAC		2.1		16.0			0.6		1.3		—			20.0
Total benefits and expenses		98.9		110.1			90.1		94.2		14.0			407.3
Segment pre-tax adjusted operating income (loss)	$	19.0	$	23.0		$	12.6	$	17.4	$	(2.4	)	$	69.6
Operating revenues	$	117.9	$	133.1		$	102.7	$	111.6	$	11.6		$	476.9
Add: Net realized investment gains (losses), excluding FIA options		—		0.1			13.0		1.7		(0.1	)		14.7
Total revenues		117.9		133.2			115.7		113.3		11.5			491.6
Total benefits and expenses		98.9		110.1			90.1		94.2		14.0			407.3
Income (loss) before income taxes	$	19.0	$	23.1		$	25.6	$	19.1	$	(2.5	)	$	84.3

	For the Three Months Ended June 30, 2010
			Deferred			Income
	Group		Annuities			Annuities			Life		Other			Total
Operating revenues:
Premiums	$	105.8	$	—		$	—		$	9.7	$	—		$	115.5
Net investment income		4.8		115.3			104.7			68.3		4.0			297.1
Policy fees, contract charges, and other		3.0		4.8			0.2			29.8		4.0			41.8
Net investment losses on FIA options		—		(1.3	)		—			—		—			(1.3	)
Total operating revenues		113.6		118.8			104.9			107.8		8.0			453.1
Benefits and expenses:
Policyholder benefits and claims		67.4		0.6			—			15.3		—			83.3
Interest credited		—		70.4			92.9			59.1		(0.9	)		221.5
Other underwriting and operating expenses		26.0		13.6			5.2			13.4		6.0			64.2
Interest expense		—		—			—			—		7.9			7.9
Amortization of DAC		2.0		13.6			0.4			1.0		—			17.0
Total benefits and expenses		95.4		98.2			98.5			88.8		13.0			393.9
Segment pre-tax adjusted operating income (loss)	$	18.2	$	20.6		$	6.4		$	19.0	$	(5.0	)	$	59.2
Operating revenues	$	113.6	$	118.8		$	104.9		$	107.8	$	8.0		$	453.1
Add: Net realized investment gains (losses), excluding FIA options		—		2.6			(13.8	)		2.4		0.1			(8.7	)
Total revenues		113.6		121.4			91.1			110.2		8.1			444.4
Total benefits and expenses		95.4		98.2			98.5			88.8		13.0			393.9
Income (loss) before income taxes	$	18.2	$	23.2		$	(7.4	)	$	21.4	$	(4.9	)	$	50.5

	For the Six Months Ended June 30, 2011
			Deferred			Income
	Group		Annuities			Annuities		Life		Other			Total
Operating revenues:
Premiums	$	219.8	$	—		$	—	$	20.5	$	—		$	240.3
Net investment income		8.6		251.3			207.3		142.3		12.7			622.2
Policy fees, contract charges, and other		7.0		10.6			0.6		61.6		10.8			90.6
Net investment losses on FIA options		—		(0.1	)		—		—		—			(0.1	)
Total operating revenues		235.4		261.8			207.9		224.4		23.5			953.0
Benefits and expenses:
Policyholder benefits and claims		142.8		(0.1	)		—		33.3		—			176.0
Interest credited		—		157.5			173.3		123.9		(1.3	)		453.4
Other underwriting and operating expenses		55.6		26.6			11.8		29.9		12.6			136.5
Interest expense		—		—			—		—		16.0			16.0
Amortization of DAC		4.2		31.6			1.3		3.0		—			40.1
Total benefits and expenses		202.6		215.6			186.4		190.1		27.3			822.0
Segment pre-tax adjusted operating income (loss)	$	32.8	$	46.2		$	21.5	$	34.3	$	(3.8	)	$	131.0
Operating revenues	$	235.4	$	261.8		$	207.9	$	224.4	$	23.5		$	953.0
Add: Net realized investment gains, excluding FIA options		—		3.0			22.9		2.1		1.8			29.8
Total revenues		235.4		264.8			230.8		226.5		25.3			982.8
Total benefits and expenses		202.6		215.6			186.4		190.1		27.3			822.0
Income before income taxes	$	32.8	$	49.2		$	44.4	$	36.4	$	(2.0	)	$	160.8
As of June 30, 2011:
Total assets	$	192.8	$	11,215.7		$	7,037.6	$	6,146.1	$	2,350.6		$	26,942.8

	For the Six Months Ended June 30, 2010
				Deferred			Income
	Group			Annuities			Annuities			Life		Other			Total
Operating revenues:
Premiums	$	214.6		$	—		$	—		$	19.9	$	—		$	234.5
Net investment income		9.4			223.1			208.7			134.4		8.4			584.0
Policy fees, contract charges, and other		5.9			9.6			0.4			58.9		7.5			82.3
Net investment losses on FIA options		—			(1.2	)		—			—		—			(1.2	)
Total operating revenues		229.9			231.5			209.1			213.2		15.9			899.6
Benefits and expenses:
Policyholder benefits and claims		142.4			0.7			—			26.4		—			169.5
Interest credited		—			138.9			184.9			117.6		(1.4	)		440.0
Other underwriting and operating expenses		49.7			27.2			10.5			26.1		10.3			123.8
Interest expense		—			—			—			—		15.9			15.9
Amortization of DAC		3.9			26.8			0.9			0.8		—			32.4
Total benefits and expenses		196.0			193.6			196.3			170.9		24.8			781.6
Segment pre-tax adjusted operating income (loss)	$	33.9		$	37.9		$	12.8		$	42.3	$	(8.9	)	$	118.0
Operating revenues	$	229.9		$	231.5		$	209.1		$	213.2	$	15.9		$	899.6
Add: Net realized investment gains (losses), excluding FIA options		(0.2	)		5.6			(9.1	)		2.6		(0.9	)		(2.0	)
Total revenues		229.7			237.1			200.0			215.8		15.0			897.6
Total benefits and expenses		196.0			193.6			196.3			170.9		24.8			781.6
Income (loss) before income taxes	$	33.7		$	43.5		$	3.7		$	44.9	$	(9.8	)	$	116.0
As of June 30, 2010:
Total assets	$	249.6		$	9,480.9		$	6,951.9		$	5,430.2	$	2,236.6		$	24,349.2