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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Fixed maturity securities available for sale, at fair value (amortized cost - $2,526,001 in 2011 and $2,537,606 in 2010) $ 2,865,934 $ 2,716,856
Equity securities available for sale, at fair value (cost - $81,143 in 2011 and $126,626 in 2010) 80,881 128,768
Commercial mortgage loans on real estate, at amortized cost 671,104 702,311
Policy loans 12,822 13,241
Short-term investments 82,664 53,246
Collateral held/pledged under securities agreements 42,666 57,039
Other investments 103,053 92,117
Total investments 3,859,124 3,763,578
Cash and cash equivalents 5,741 24,516
Premiums and accounts receivable, net 66,510 71,203
Reinsurance recoverables 1,820,067 1,744,688
Accrued investment income 42,266 41,929
Deferred acquisition costs 29,419 31,222
Deferred income taxes, net 0 8,115
Goodwill 17,285 17,285
Value of business acquired 14,833 16,697
Other intangible assets, net 20,123 21,910
Other assets 10,528 12,726
Assets held in separate accounts 1,469,782 1,764,702
Total assets 7,355,678 7,518,571
Liabilities    
Future policy benefits and expenses 2,846,881 2,881,526
Unearned premiums 32,291 33,871
Claims and benefits payable 1,760,577 1,741,250
Commissions payable 14,333 14,666
Deferred gain on disposal of businesses 86,034 99,897
Obligation under securities agreements 42,830 57,467
Accounts payable and other liabilities 152,317 154,750
Deferred income taxes, net 18,453 0
Tax payable 11,938 16,944
Liabilities related to separate accounts 1,469,782 1,764,702
Total liabilities 6,435,436 6,765,073
Commitments and contingencies (Note 16)      
Stockholder's equity    
Common stock, par value $5 per share, 1,000,000 shares authorized, issued, and outstanding 5,000 5,000
Additional paid-in capital 497,211 475,635
Retained earnings 200,961 158,846
Accumulated other comprehensive income 217,070 114,017
Total stockholder's equity 920,242 753,498
Total liabilities and stockholder's equity $ 7,355,678 $ 7,518,571