Segment Information (Tables)

3 Months Ended

Mar. 31, 2013

Segment Information

Summary of financial information related to segments

The following table summarizes segment financial information for the three months ended March 31, 2013:

	Three months ended March 31, 2013
	Individual		Retirement
	Markets		Services		Other		Total
Revenue:
Premium income	$	153,676	$	—	$	24,645	$	178,321
Fee income	23,200		122,654		1,092		146,946
Other revenue	7,355		—		—		7,355
Net investment income	177,126		96,291		11,945		285,362
Net realized gains on investments	8,873		5,857		9		14,739
Total revenues	370,230		224,802		37,691		632,723
Benefits and expenses:
Policyholder benefits	278,308		44,977		21,341		344,626
Operating expenses	35,882		131,895		15,544		183,321
Total benefits and expenses	314,190		176,872		36,885		527,947
Income before income taxes	56,040		47,930		806		104,776
Income tax expense	21,527		16,108		306		37,941
Net income	$	34,513	$	31,822	$	500	$	66,835

The following table summarizes segment financial information for the three months ended March 31, 2012:

	Three months ended March 31, 2012
	Individual		Retirement
	Markets		Services		Other			Total
Revenue:
Premium income	$	103,589	$	702	$	23,796		$	128,087
Fee income	18,094		107,644		1,205			126,943
Net investment income	181,063		104,346		11,772			297,181
Net realized gains on investments	5,965		10,717		5			16,687
Total revenues	308,711		223,409		36,778			568,898
Benefits and expenses:
Policyholder benefits	251,393		49,533		29,221			330,147
Operating expenses	35,365		112,296		17,325			164,986
Total benefits and expenses	286,758		161,829		46,546			495,133
Income (loss) before income taxes	21,953		61,580		(9,768		)	73,765
Income tax expense (benefit)	6,917		20,207		(3,282		)	23,842
Net income (loss)	$	15,036	$	41,373	$	(6,486	)	$	49,923