CONSOLIDATED QUARTERLY RESULTS—UNAUDITED

The Company's unaudited consolidated quarterly operating data for the year ended December 31, 2017 (Successor Company) and for the year ended December 31, 2016 (Successor Company) is presented below. In the opinion of management, all adjustments (consisting only of normal recurring items) necessary for a fair statement of quarterly results have been reflected in the following data. It is also management's opinion, however, that quarterly operating data for insurance enterprises are not necessarily indicative of results that may be expected in succeeding quarters or years. In order to obtain a more accurate indication of performance, there should be a review of operating results, changes in shareowner's equity, and cash flows for a period of several quarters.



	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars In Thousands)
Successor Company
For The Year Ended December 31, 2017
Premiums and policy fees	$	860,586		$	868,139		$	855,088		$	893,606
Reinsurance ceded	(316,076		)	(342,898		)	(325,120		)	(376,641		)
Net of reinsurance ceded	544,510			525,241			529,968			516,965
Net investment income	506,413			507,771			507,914			529,490
Realized investment gains (losses)	(47,037		)	(54,471		)	(64,191		)	(18,701		)
Net impairment losses recognized in earnings	(7,831		)	(2,785		)	(273		)	(853		)
Other income	109,242			111,311			110,970			115,139
Total revenues	1,105,297			1,087,067			1,084,388			1,142,040
Total benefits and expenses	992,948			961,299			973,538			1,055,950
Income before income tax	112,349			125,768			110,850			86,090
Income tax expense (benefit)	36,935			41,500			28,308			(778,218		)
Net income	$	75,414		$	84,268		$	82,542		$	864,308

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars In Thousands)
Successor Company
For The Year Ended December 31, 2016
Premiums and policy fees	$	852,795		$	857,948		$	834,544		$	862,644
Reinsurance ceded	(310,327		)	(336,605		)	(322,229		)	(345,555		)
Net of reinsurance ceded	542,468			521,343			512,315			517,089
Net investment income	475,117			488,460			482,729			496,150
Realized investment gains (losses)	8,229			5,417			24,268			12,457
Net impairment losses recognized in earnings	(2,617		)	(967		)	(3,308		)	(10,856		)
Other income	103,716			102,148			107,642			102,147
Total revenues	1,126,913			1,116,401			1,123,646			1,116,987
Total benefits and expenses	955,071			947,740			990,567			996,572
Income before income tax	171,842			168,661			133,079			120,415
Income tax expense	56,494			56,541			39,785			48,148
Net income	$	115,348		$	112,120		$	93,294		$	72,267