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Unaudited Quarterly Results
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
The following is a summary of our unaudited quarterly results of operations for 2013 and 2012:
 
2013
 
4th
 
3rd
 
2nd
 
1st
 
(in millions of dollars, except share data)
Premium Income
$
1,890.7

 
$
1,897.3

 
$
1,905.8

 
$
1,930.9

Net Investment Income
629.4

 
615.5

 
626.1

 
621.1

Net Realized Investment Gain (Loss)
9.3

 
(26.1
)
 
13.3

 
10.3

Total Revenue
2,586.2

 
2,540.9

 
2,601.9

 
2,624.8

Income Before Income Tax
305.8

 
284.1

 
311.5

 
303.8

Net Income
221.2

 
205.7

 
218.6

 
212.6

Net Income Per Common Share
 
 
 
 
 
 
 
Basic
0.85

 
0.78

 
0.82

 
0.79

Assuming Dilution
0.84

 
0.78

 
0.82

 
0.79

 
2012
 
4th
 
3rd
 
2nd
 
1st
 
(in millions of dollars, except share data)
Premium Income
$
1,937.2

 
$
1,929.4

 
$
1,927.6

 
$
1,921.9

Net Investment Income
643.0

 
619.2

 
633.5

 
619.5

Net Realized Investment Gain (Loss)
24.6

 
21.3

 
(2.1
)
 
12.4

Total Revenue
2,658.2

 
2,628.0

 
2,617.9

 
2,611.3

Income Before Income Tax
322.7

 
320.4

 
296.4

 
310.0

Net Income
233.9

 
230.2

 
216.4

 
213.9

Net Income Per Common Share
 
 
 
 
 
 
 
Basic
0.86

 
0.83

 
0.76

 
0.74

Assuming Dilution
0.85

 
0.83

 
0.76

 
0.73



Items affecting the comparability of our financial results during the fourth quarter of 2013 are as follows:

A reserve increase of $95.5 million before tax and $62.1 million after tax related to unclaimed death benefits.
A reserve reduction of $85.0 million before tax and $55.2 million after tax related to group life waiver of premium benefits.

See Notes 6 and 14 for further discussion of the above items.