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Unaudited Quarterly Results (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following is a summary of our unaudited quarterly results of operations for 2018 and 2017:
 
2018
 
4th
 
3rd
 
2nd
 
1st
 
(in millions of dollars, except share data)
Premium Income
$
2,263.3

 
$
2,251.8

 
$
2,221.0

 
$
2,250.0

Net Investment Income
608.6

 
619.2

 
623.6

 
602.3

Net Realized Investment Gain (Loss)
(41.4
)
 
6.7

 
(2.6
)
 
(2.2
)
Total Revenue
2,880.8

 
2,927.8

 
2,890.3

 
2,899.6

Income (Loss) Before Income Tax
309.7

 
(377.8
)
 
354.8

 
341.1

Net Income (Loss)
249.1

 
(284.7
)
 
285.5

 
273.5

Net Income (Loss) Per Common Share
 
 
 
 
 
 
 
Basic
1.15

 
(1.30
)
 
1.29

 
1.23

Assuming Dilution
1.15

 
(1.30
)
 
1.29

 
1.23

 
2017
 
4th
 
3rd
 
2nd
 
1st
 
(in millions of dollars, except share data)
Premium Income
$
2,158.4

 
$
2,153.6

 
$
2,142.2

 
$
2,142.9

Net Investment Income
619.8

 
609.0

 
620.5

 
602.4

Net Realized Investment Gain
11.4

 
9.8

 
8.1

 
11.0

Total Revenue
2,839.2

 
2,819.1

 
2,822.0

 
2,806.5

Income Before Income Tax
345.3

 
366.8

 
361.6

 
330.3

Net Income
266.9

 
252.3

 
245.1

 
229.9

Net Income Per Common Share
 
 
 
 
 
 
 
Basic
1.19

 
1.12

 
1.08

 
1.00

Assuming Dilution
1.19

 
1.12

 
1.07

 
1.00



Items affecting the comparability of our financial results are as follows:

•
Third quarter of 2018 reserve increase of $750.8 million before tax and $593.1 million after tax related to long-term care.
•
Fourth quarter of 2017 reserve increase of $39.0 million before tax and $25.4 million after tax related to unclaimed death benefits.
•
Fourth quarter of 2017 net tax benefit of $31.5 million related to the TCJA.
•
First quarter of 2017 loss from a guaranty fund assessment related to an unaffiliated insurer that was declared insolvent of $20.6 million before tax and $13.4 million after tax.