Segment Information (Tables)

6 Months Ended

Jun. 30, 2013

Segment Information

Summary of financial information related to segments

	Three months ended June 30, 2013
	Individual		Retirement
	Markets		Services			Other			Total
Revenue:
Premium income	$	28,908	$	1,184		$	36,265		$	66,357
Fee income	24,175		129,051			1,081			154,307
Other revenue	—		—			—			—
Net investment income	172,313		64,342			11,948			248,603
Net realized gains on investments	7,881		(32,199		)	4			(24,314		)
Total revenues	233,277		162,378			49,298			444,953
Benefits and expenses:
Policyholder benefits	175,667		48,384			41,189			265,240
Operating expenses	37,525		129,335			20,976			187,836
Total benefits and expenses	213,192		177,719			62,165			453,076
Income (loss) before income taxes	20,085		(15,341		)	(12,867		)	(8,123		)
Income tax expense (benefit)	6,106		(5,465		)	(4,710		)	(4,069		)
Net income (loss)	$	13,979	$	(9,876	)	$	(8,157	)	$	(4,054	)

	Three months ended June 30, 2012
	Individual		Retirement
	Markets		Services		Other			Total
Revenue:
Premium income	$	42,170	$	1,164	$	32,057		$	75,391
Fee income	18,803		115,136		1,221			135,160
Net investment income	181,751		102,458		11,877			296,086
Net realized gains on investments	14,824		22,001		28			36,853
Total revenues	257,548		240,759		45,183			543,490
Benefits and expenses:
Policyholder benefits	183,452		52,845		28,324			264,621
Operating expenses	31,168		129,059		17,583			177,810
Total benefits and expenses	214,620		181,904		45,907			442,431
Income (loss) before income taxes	42,928		58,855		(724		)	101,059
Income tax expense (benefit)	14,900		19,652		482			35,034
Net income (loss)	$	28,028	$	39,203	$	(1,206	)	$	66,025

	Six months ended June 30, 2013
	Individual		Retirement
	Markets		Services			Other			Total
Revenue:
Premium income	$	182,584	$	1,184		$	60,910		$	244,678
Fee income	47,374		251,706			2,173			301,253
Other revenue	7,355		—			—			7,355
Net investment income	349,439		160,633			23,893			533,965
Net realized gains on investments	16,754		(26,342		)	13			(9,575		)
Total revenues	603,506		387,181			86,989			1,077,676
Benefits and expenses:
Policyholder benefits	453,974		93,361			62,530			609,865
Operating expenses	73,408		261,231			36,520			371,159
Total benefits and expenses	527,382		354,592			99,050			981,024
Income (loss) before income taxes	76,124		32,589			(12,061		)	96,652
Income tax expense (benefit)	27,633		10,643			(4,404		)	33,872
Net income (loss)	$	48,491	$	21,946		$	(7,657	)	$	62,780

	Six months ended June 30, 2012
	Individual		Retirement
	Markets		Services		Other			Total
Revenue:
Premium income	$	145,759	$	1,865	$	55,854		$	203,478
Fee income	36,898		222,780		2,425			262,103
Net investment income	362,814		206,804		23,649			593,267
Net realized gains on investments	20,789		32,718		33			53,540
Total revenues	566,260		464,167		81,961			1,112,388
Benefits and expenses:
Policyholder benefits	434,844		102,379		57,545			594,768
Operating expenses	66,534		241,355		34,907			342,796
Total benefits and expenses	501,378		343,734		92,452			937,564
Income (loss) before income taxes	64,882		120,433		(10,491		)	174,824
Income tax expense (benefit)	21,817		39,858		(2,799		)	58,876
Net income (loss)	$	43,065	$	80,575	$	(7,692	)	$	115,948