XML 114 R69.htm IDEA: XBRL DOCUMENT v2.4.0.8
Deferred Policy Acquisition Costs and Value of Business Acquired (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]    
Beginning balance $ 4,316.1 $ 3,221.6
Deferrals of commissions and expenses 91.6 104.5
Amortization:    
Amortization (159.6) (174.8)
Interest accrued 58.3 [1] 58.4 [1]
Net amortization included in the Consolidated Statements of Operations (101.3) (116.4)
Change in unrealized capital gains/losses on available-for-sale securities (293.3) 262.0
Ending balance 4,013.1 3,471.7
Movement Analysis Of Value of Business Acquired VOBA [Roll Forward]    
Beginning balance 1,035.5 434.7
Deferrals of commissions and expenses 3.4 3.3
Amortization:    
Amortization (47.3) (36.6)
Interest accrued 22.5 [1] 22.5 [1]
Net amortization included in Condensed Consolidated Statements of Operations (24.8) (14.1)
Change in unrealized capital gains/losses on available-for-sale securities (166.4) 124.0
Ending balance 847.7 547.9
Movement Analysis of Deferred Policy Acquisition Costs and Value of Business Acquired (VOBA) [Roll Forward]    
Beginning balance 5,351.6 3,656.3
Deferrals of commissions and expenses 95.0 107.8
Amortization:    
Amortization (206.9) (211.4)
Interest accrued 80.8 [1] 80.9 [1]
Net amortization included in Condensed Consolidated Statements of Operations (126.1) (130.5)
Change in unrealized capital gains/losses on available-for-sale securities (459.7) 386.0
Ending balance $ 4,860.8 $ 4,019.6
Minimum
   
Amortization:    
Deferred Policy Acquisition Costs, Interest accrued percentage 0.60% 1.70%
Value of Business Acquired (VOBA), Interest accrued percentage 4.10% 3.00%
Maximum
   
Amortization:    
Deferred Policy Acquisition Costs, Interest accrued percentage 7.40% 7.40%
Value of Business Acquired (VOBA), Interest accrued percentage 7.50% 7.50%
[1] Interest accrued at the following rates for DAC: 0.6% to 7.4% during 2014 and 1.7% to 7.4% during 2013. Interest accrued at the following rates for VOBA: 4.1% to 7.5% during 2014 and 3.0% to 7.5% during 2013.